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                                   Performa    Management    Company      Management Discussion and       Business Support
                                     2024        Report       Profile   Analysis on Company Performance      Functions




Good Corporate
Governance
Best Achievements in Corporate Governance
                                                     604
                                                            Anti Corruption Policy                         1033
Implementation                                              Anti-Gratification & Anti-Bribery Policy       1035
Commitment to Sustainable Corporate                         Procurement of Goods and/or Services           1039
                                                     605
Governance Implementation
                                                            Company Code of Ethics                         1044
Correlation Between Corporate Governance
                                                     610    Provision of Funds for Social and Political
Implementation and Bank Performance                                                                        1048
                                                            Activities
Governance Framework                                 611    Provision of Funds for Related Parties and
Corporate Governance Structure And                                                                         1049
                                                     612    Large Exposure
Mechanism
                                                            Providing Loans to Related Parties             1051
Continuous Improvement of GCG
                                                     615    Protection Of Creditors’ Rights                1053
Implementation Quality
                                                            Transparency of Financial and Non-Financial
General Meeting of Shareholders                      630                                                   1054
                                                            Conditions
Board Of Commissioners                               652    Transparency of Customer Complaints
Independent Commissioners                            699                                                   1055
                                                            Procedures and Customer Dispute Settlement
Board Of Directors                                   703    Integrity of Reporting and Information
Performance Assessment of the Board
                                                                                                           1058
                                                            Technology Systems
of Directors and the Board of                        763    Conflict of Interest Policy (Including Insider
Commissioners                                                                                              1059
                                                            Trading)
Nomination and Remuneration                          768    Shares and Bonds Buyback                       1058
Diversity of the Board of Commissioners                     Internal Deviations (Internal Fraud)           1062
                                                     788
and the Board of Directors                                  Performance-based Long-Term Compensation
Disclosure of Affiliation Relationships                                                                    1064
                                                            Policy
Among The Board of Commissioners,                           Disclosure of Information on Board of
                                                     790
Board of Directors, and Controlling                         Commissioners and Board of Directors Share 1070
Shareholders                                                Ownership and Its Application
Committees under the Board of                               Violation Reporting System (Whistleblowing
                                                     792                                                   1080
Commissioners                                               System)
Supporting Organs of the Board of
                                                     858    Bank’s Strategic Plan                          1084
Commissioners
                                                            Reporting Transparency                         1091
Committees Under the Board of Directors              862
                                                            Management of State Officials’ Assets
Supporting Organs of the Board of Directors 899                                                            1092
                                                            Reports (LHKPN)
Internal Control System                              938    Bad Corporate Governance Practices             1094
Risk Management System                               946    Integrated Governance Implementation           1095
Integrated Risk Management Governance                971    Corporate Governance Aspects and Principles
External Auditor                                     978    Implementation in Accordance with Financial 1104
Legal Cases                                          983    Services Authority Regulations




Good Corporate
Administrative Sanctions                             989    Implementation of Indonesian Corporate
                                                                                                           1111
Violations of Laws Related to                               Governance General Guidelines (PUGKI)
Employment, Consumer, Bankruptcy,                           Implementation Of The Asean Corporate
                                                     989                                                   1138
Commercial, Competition and/or                              Governance Scorecard
Environmental Issues                                        Implementation Of Corporate Governance
Access to Company Information and Data               990    Principles For Banks According To Basel
                                                                                                           1147
Governance Framework, Management,                           Committee On Banking Supervision




Governance
                                                    1027    Standards
and Control of Tax Aspects
Anti-Money Laundering Program, Counter
Terrorism Financing, and Prevention of
                                                    1028
Funding for the Proliferation of Weapons of
Mass Destruction (APU, PPT, and PPPSPM)
  602 Transforming the Future, Empowering Indonesia
Page 2
Capital & Risk Management   Good Corporate   Social & Environmental      ESG        Financial
         Practices           Governance          Responsibility       Commitment   Statements




                                                                                                         2024 Annual Report
                                                                                       PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                603
Page 3
                                    Performa      Management   Company       Management Discussion and       Business Support
                                      2024          Report      Profile    Analysis on Company Performance      Functions




Best Achievements in Corporate
Governance Implementation

         In carrying out its activities, BNI always prioritizes the
          best governance principles and practices. Due to the
         implementation of governance, in 2024 BNI received a
          number of awards and titles in the field of Corporate
        Governance, including “The Best Overall - Big Caps” and
                      “The Most Trusted Company”.




                          115,56                                                92,45
                  “The Best Overall - Big Caps”                           “The Most Trusted Company”
                The 15th IICD Corporate Governance                           Corporate Governance
                     Conference & Award 2024                                 Perception Index 2023




604   Transforming the Future, Empowering Indonesia
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Capital & Risk Management     Good Corporate         Social & Environmental           ESG                  Financial
         Practices             Governance                Responsibility            Commitment             Statements




  Commitment to Sustainable
  Corporate Governance
  Implementation
        BNI is fully committed to applying the principles of Good Corporate Governance (“GCG”) across every aspect of
        its business activities as a foundation to enhance the Bank’s performance and contribution, maximize value for
        shareholders and stakeholders, and ensure the long-term sustainability of BNI’s business. BNI’s consistency in
        implementing and upholding GCG principles sustainably in every operational activity stems from the profound
        awareness of the Board of Commissioners, Board of Directors, management, and all BNI Hi-Movers to continuously
        improve the application of GCG within the organization.


  By emphasizing the AKHLAK culture and driven by the spirit of GCG, BNI continues to grow and evolve
  as one of Indonesia’s largest state-owned banks with global competitiveness. Broadly, the governance
  outcomes BNI aims to achieve through the strong and consistent implementation of GCG are as follows:
  1. Competitiveness and focus on long-term performance
  2. Ethical and responsible business practices
  3. Positive contributions to society and the environment
  4. Resilience and growth capacity (corporate resilience)

  To achieve optimal GCG implementation, the Board of Directors and the Board of Commissioners
  have executed their leadership roles to the fullest. The unwavering commitment of the entire executive
  management and employees to GCG is demonstrated through the signing of the Integrity Pact (for the
  Board of Directors and Board of Commissioners) as well as the Commitment to Implement Good Corporate
  Governance Integrity documents (for employees).



     BOARD OF COMMISSIONERS INTEGRITY PACT

       1Perform duties and responsibilities
                                                           2Create a work environment free from
                                                                                                                 3
                                                                                                                 Act objectively and adhere to ethical
        diligently, accurately, and with full               corruption, collusion, and nepotism                  and moral values, fairness, transparency,
        accountability in accordance with the               (KKN) by promoting and supervising                   consistency, while upholding honesty and
        authority granted by the Articles of                the implementation of the Anti-Bribery               commitment, and encourage all business
        Association of PT Bank Negara Indonesia             Management System (SMAP) and/or                      partners to prioritize ethical, sound, and
        (Persero) Tbk (hereinafter referred to as           Gratification Control, including policies,           transparent business practices.
        BNI), while adhering to BNI’s Core Values,          strategies, evaluations, and the adequacy
        Code of Ethics, internal regulations,               of human resources in SMAP operations.
        applicable laws and regulations, as well
        as sound banking management principles.




       4Refrain from all forms of conflicts of
                                                           5Actively and optimally contribute to
                                                                                                                 6
                                                                                                                 Willing to accept sanctions if, in carrying
        interest in performing duties and ensure            preventing potential fraud, refraining from          out my duties and responsibilities as a BNI
        that the independence of other BNI                  engaging in or tolerating any form of fraud          employee, I am proven to have failed to
        personnel remains unaffected.                       within the workplace, and committing                 uphold the commitments outlined above.
                                                            to reporting any suspected fraudulent
                                                            activity (occurring within the organization
                                                            and/or utilizing BNI’s facilities) through
                                                            the reporting channels provided by BNI.




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 Board of Directors Integrity Pact

  1
  Perform duties and responsibilities
                                                     2Create a work environment free from
                                                                                                            3
                                                                                                            Act objectively and adhere to ethical
  diligently, accurately, and with full               corruption, collusion, and nepotism                   and moral values, fairness, transparency,
  accountability in accordance with the               (KKN) by promoting and supervising                    consistency, while upholding honesty and
  authority granted by the Articles of                the implementation of the Anti-Bribery                commitment, and encourage all business
  Association of PT Bank Negara Indonesia             Management System (SMAP) and/or                       partners to prioritize ethical, sound, and
  (Persero) Tbk (hereinafter referred to as           Gratification Control, realized through               transparent business practices.
  BNI), while adhering to BNI’s Core Values,          activities such as, but not limited to,
  Code of Ethics, internal regulations,               refraining from offering, promising, and/
  applicable laws and regulations, as well            or receiving any form of remuneration
  as the principles of Good Corporate                 to or from customers, debtors, vendors,
  Governance      and     sound     banking           partners,     collaborators,  regulators/
  management.                                         supervisors, and/or other external or
                                                      internal parties.




  4
  Refrain from all forms of conflicts of
                                                     5Refrain from using the Company’s
                                                                                                            6
                                                                                                            Make decisions with utmost caution (duty
  interest in performing duties and ensure            information and data for personal gain                of care and loyalty) and professionalism
  that the independence of other BNI                  or for the benefit of other parties, as               in BNI’s operational activities, including
  personnel remains unaffected.                       prohibited by internal and external                   procurement of goods and services,
                                                      regulations, such as insider trading, misuse          human resource management, fund
                                                      of company data, and similar activities.              provision, and management of other
                                                                                                            business activities, in the best interest of
                                                                                                            BNI.




                             7
                             Actively and optimally contribute to
                                                                                  8
                                                                                  Willing to accept sanctions if, in carrying
                             preventing potential fraud, refraining from          out my duties and responsibilities as a
                             engaging in or tolerating any form of fraud          BNI employee, I am found to have failed
                             within the workplace, and committing to              to fulfill the commitments outlined above.
                             report any suspected fraudulent activities
                             (occurring within the organization and/
                             or involving BNI’s resources) through the
                             reporting channels provided by BNI.




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Capital & Risk Management   Good Corporate   Social & Environmental      ESG        Financial
         Practices           Governance          Responsibility       Commitment   Statements




        COMMITMENT TO THE IMPLEMENTATION
        OF THE GOOD CORPORATE GOVERNANCE
        INTEGRITY PACT
        I, as an individual and in my official capacity, hereby solemnly and consciously commit to the
        following:

        1. To embrace and consistently implement the Core Values of AKHLAK, BNI's Code of Conduct, and
            BNI's Internal Provisions.
        2. To understand and comply with applicable regulations in carrying out duties in accordance with
            the principles of Good Corporate Governance.
        3. To uphold integrity and adhere to ethical, moral, and honest values
        4. To work professionally and with due diligence.
        5. To actively understand and take full responsibility for the tasks and roles assigned.
        6. To fully protect the confidentiality of Customer and Company data.
        7. To refrain from using company funds, data, or assets for personal or family interests
        8. To play an active role in preventing and combating fraud and violations.
        9. To create a work environment free from Corruption, Collusion, and Nepotism (KKN).
        10. To implement an Anti-Bribery Management System by avoiding gratuities, bribes, and extortion.
        11. To refrain from using personal funds as bridging funds and/or personal accounts for company
            operational activities.
        12. To avoid an excessive lifestyle.
        13. To safeguard the company’s reputation and use social media responsibly.
        14. To avoid any form of conflict of interest.
        15. To willingly provide all necessary information for upholding integrity.
        16. To be accountable for all facilities and benefits received and ensure their use complies with
            applicable regulations.
        17. To accept sanctions for any violations of this integrity pact.

        I sign this commitment in good faith, voluntarily, and irrevocably.




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                                     Performa      Management    Company      Management Discussion and       Business Support
                                       2024          Report       Profile   Analysis on Company Performance      Functions



PURPOSE OF IMPLEMENTING CORPORATE                               7) POJK No. 33/POJK.04/2014 on the Board of
GOVERNANCE                                                          Directors and Board of Commissioners of Issuers
                                                                    or Public Companies;
PThe implementation of strong and sustainable                   8) POJK No. 35/POJK.04/2014 on Corporate
GCG practices within BNI aims to:                                   Secretary of Issuers or Public Companies;
                                                                9) POJK No. 8/POJK.04/2015 on the Website of
1) Enhance BNI’s corporate value by applying the                    Issuers or Public Companies;
   principles of GCG, which include Transparency,               10) POJK No. 21/POJK.04/2015 on the Implementation
   Accountability, Responsibility, Independence,                    of Corporate Governance Guidelines for Public
   and Fairness, in order to ensure BNI’s                           Companies;
   competitiveness at both national and regional                11) POJK No. 26/POJK.03/2015 on Minimum Capital
   levels, and to achieve sustainable corporate                     Adequacy Requirements (KPMM) for Financial
   value;                                                           Conglomerates;
2) Encourage every BNI organ to consistently                    12) POJK No. 31/POJK.04/2015 on Disclosure of
   emphasize GCG culture in every decision-making                   Material Information or Facts by Issuers or Public
   process, based on applicable values and norms,                   Companies;
   as well as high compliance with existing laws                13) POJK No. 56/POJK.04/2015 on the Formation and
   and regulations;                                                 Guidelines of the Internal Audit Unit Charter;
3) Improve BNI’s performance through efficiency                 14) POJK No. 4/POJK.03/2016 on the Health Rating of
   programs created by the implementation of GCG                    Commercial Banks;
   culture within every BNI organ;                              15) POJK No. 5/POJK.03/2016 on the Business Plan
4) Increase investor trust and position BNI as a top                of Banks;
   choice for investment.                                       16) POJK No. 18/POJK.03/2016 on Risk Management
                                                                    Implementation for Commercial Banks;
FOUNDATION FOR THE IMPLEMENTATION                               17) POJK No. 27/POJK.03/2016 on the Assessment of
OF CORPORATE GOVERNANCE [ACGS D.1.1]                                the Capacity and Appropriateness for Key Parties
                                                                    in Financial Services Institutions;
The implementation of GCG at BNI is based on                    18) POJK No. 29/POJK.04/2016 on Annual Reports of
various provisions and guidelines as follows:                       Issuers or Public Companies;
                                                                19) POJK No. 51/POJK.03/2017 on Sustainable
1) Law No. 7 of 1992 on Banking, as amended by                      Finance Implementation for Financial Services
   Law No. 4 of 2023 on the Development and                         Institutions, Issuers, and Public Companies;
   Strengthening of the Financial Sector;                       20) POJK No. 1/POJK.03/2019 on Internal Audit
2) Law No. 8 of 1995 on Capital Markets, as amended                 Function in Commercial Banks;
   by Law No. 4 of 2023 on the Development and                  21) POJK No. 37/POJK.03/2019 on Transparency and
   Strengthening of the Financial Sector;                           Publication of Bank Reports;
3) Law No. 40 of 2007 on Limited Liability                      22) POJK No. 15/POJK.04/2020 on the Plan and
   Companies, as amended by Law No. 6 of 2023 on                    Implementation of General Meetings of
   the Establishment of Government Regulation in                    Shareholders of Public Companies;
   Lieu of Law No. 2 of 2022 on Job Creation;                   23) POJK No. 16/POJK.04/2020 on the Conduct of
4) Law No. 27 of 2022 on Protection of Personal                     Electronic General Meetings of Shareholders for
   Data;                                                            Public Companies;
5) Financial Services Authority Regulation (POJK)               24) POJK No. 45/POJK.03/2020 on Financial
   No. 17/POJK.03/2014 on Integrated Risk                           Conglomerates;
   Management for Financial Conglomerates;                      25) POJK No. 12/POJK.03/2021 on Commercial
6) POJK No. 18/POJK.03/2014 on Integrated                           Banks;
   Corporate      Governance       for      Financial           26) POJK No. 11/POJK.03/2022 on the Implementation
   Conglomerates;                                                   of Information Technology by Commercial Banks;




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         Practices           Governance          Responsibility       Commitment   Statements



  27) POJK No. 24 of 2022 on the Development of                       37) Ministry of State-Owned Enterprises Regulation
      Human Resources Quality in Commercial Banks;                        No. PER-1/MBU/03/2023 on Special Assignments
  28) POJK No. 8 of 2023 on the Implementation of                         and the Corporate Social and Environmental
      Anti-Money       Laundering,    Counter-Terrorism                   Responsibility     Program     of  State-Owned
      Financing, and the Prevention of the Proliferation                  Enterprises;
      of Weapons of Mass Destruction in the Financial                 38) Ministry of State-Owned Enterprises Regulation
      Services Sector;                                                    No. PER-2/MBU/03/2023 on Guidelines for
  29) POJK No. 17 of 2023 on the Implementation of                        Governance and Significant Corporate Activities
      Governance for Commercial Banks;                                    of State-Owned Enterprises;
  30) POJK No. 4 of 2024 on Ownership Reports or                      39) Ministry of State-Owned Enterprises Regulation
      Any Changes in Share Ownership in Public                            No. PER-3/MBU/03/2023 on the Organ and
      Companies and Reports on the Pledge of Public                       Human Resources of State-Owned Enterprises;
      Company Shares;                                                 40) Ministry of State-Owned Enterprises Circular
  31) POJK No. 12 of 2024 on the Implementation                           Letter No. 2/MBU/07/2019 on the Management of
      of Anti-Fraud Strategies for Financial Services                     SOEs through the Implementation of Corruption,
      Institutions;                                                       Collusion, and Nepotism Prevention, Conflict of
  32) Financial Services Authority Circular Letter                        Interest Handling, and Strengthening of Internal
      (SEOJK)      No.    14/SEOJK.03/2015     on    the                  Supervision;
      Implementation of Integrated Risk Management                    41) BNI’s Articles of Association;
      for Financial Conglomerates;                                    42) BNI’s Board of Directors Charter;
  33) SEOJK      No.     15/SEOJK.03/2015     on     the              43) Various guidelines for implementing GCG,
      Implementation       of   Integrated   Corporate                    including the General Guidelines for Indonesian
      Governance for Financial Conglomerates;                             Corporate Governance (PUGKI) issued by the
  34) SEOJK No. 32/SEOJK.04/2015 on Corporate                             National Committee on Governance Policy
      Governance for Public Companies;                                    (KNKG), the ASEAN Corporate Governance
  35) SEOJK No. 39/SEOJK.03/2016 on the Assessment                        Scorecard (ACGS) issued by the Organization
      of the Capacity and Appropriateness of                              for Economic Cooperation and Development
      Prospective Controlling Shareholders, Directors,                    (OECD), and the Principles for Enhancing
      and Commissioners of Banks;                                         Corporate Governance published by the Basel
  36) SEOJK      No.     28/SEOJK.03/2022    on     Risk                  Committee on Banking Supervision.
      Management Certification for Human Resources
      in Commercial Banks;




                                                                                                         2024 Annual Report
                                                                                       PT Bank Negara Indonesia (Persero) Tbk
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Correlation Between Corporate
Governance Implementation
and Bank Performance
CORPORATE GOVERNANCE AWARDS 2024

BNI’s steadfast commitment to robust GCG implementation has garnered external recognition in the form
of several awards received in 2024, including:




                                        115,56                                92,45
                                “The Best Overall - Big Caps”       “The Most Trusted Company”
                              The 15th IICD Corporate Governance       Corporate Governance
                                   Conference & Award 2024             Perception Index 2023



BUSINESS PERFORMANCE IN 2024

The consistent and sustainable application of best governance principles and practices within BNI has
positively influenced the Bank’s performance. This is evidenced by BNI’s strong performance in 2024,
achieved amidst challenging economic conditions. Notable achievements in financial and operational
aspects throughout the year include:



       Loan Growth                                Savings Growth                        CASA Ratio


       IDR
               775.9trillion                      IDR
                                                           257.5trillion 69.9%
               increased by 11.6%                          increased by 11.0%


       Capital Adequacy Ratio                     Loan to Deposit Ratio                 Net Income Growth
       (CAR) - Bank Only                          (LDR)
                                                                                        IDR
       21.4%                                      96.1%                                          21.5trillion
                                                                                                  increased by 2.7%




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Capital & Risk Management    Good Corporate       Social & Environmental           ESG               Financial
         Practices            Governance              Responsibility            Commitment          Statements




  Governance
  Framework
  GOVERNANCE FRAMEWORK BNI



                                                                             GCG Principles
                            POJK & PERMEN
                                BUMN            Transparency        Accountability       Responsibility      Independency        Fairness
          Principles




                               PUGKI                Ethics          Transparency         Accountability      Sustainability

                                                                               Main Organs
                                                                                      GMS
        Governance
         Structure




                                                                           Board of Commissioners

                                                                             Board of Directors

                                                                           Supporting Organs
                                              Board of Commissioners         Board of Directors             Enterprises Risk
                                                    Committee                   Committee                    Management
        Governance




                                                  Internal Audit            Corporate Secretary             Compliance Unit
         Process




                                                               Company Policies and Reporting Process Flow

                                                                              GCG Implementation

                                Awareness               Internalisation              Assessment            Externalization         Monitoring/
        Governance




                                                                                                                                   Evaluation
         Outcome




                                                       Performance Growth and Increase In GCG Assessment Scores




  The Governance Framework serves as a conceptual                                     Commissioners, the Board of Directors, various
  structure that integrates all governance elements,                                  committees, and corporate working units. The
  from foundational principles to the ultimate objectives                             governance infrastructure includes policies,
  of implementing sound corporate governance.                                         procedures, management information systems,
  It is designed to provide a robust foundation                                       and the roles and functions of each organizational
  underpinning every corporate action, ensuring                                       structure.
  the Company consistently, comprehensively, and                                   3) Governance Process is about the effectiveness
  sustainably applies the principles of Good Corporate                                of governance processes supported by adequate
  Governance (GCG).                                                                   structures and infrastructure to achieve outcomes
                                                                                      that meet stakeholder expectations.
  BNI’s Governance Framework comprises four key                                    4) Governance Outcome is the tangible results of a
  elements essential for the effective implementation                                 consistent and comprehensive implementation
  of corporate governance:                                                            of corporate governance, aimed at fulfilling
                                                                                      stakeholder expectations.
  1) Governance Principles are the principles that
     guide the governance practices at BNI, namely                                 BNI     continuously       ensures   the    effective
     Transparency, Accountability, Responsibility,                                 implementation of GCG across all business aspects
     Independence, and Fairness.                                                   and at every level of management and employees
  2) Governance Structure is about the adequacy                                    within the Company. This effort aims to foster a
     of governance structures and infrastructure in                                better future for the banking industry by prioritizing
     ensuring the application of Good Governance                                   moral principles, ethics, and sound banking business
     principles yields outcomes aligned with                                       practices.
     stakeholder   expectations. The     Corporate
     Governance       Structure       encompasses
     key components, including the Board of



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Corporate Governance
Structure and Mechanism

CORPORATE GOVERNANCE STRUCTURE AND MECHANISM

BNI’s GCG structure comprises primary organs, including the General Meeting of Shareholders (GMS), the
Board of Commissioners, and the Board of Directors, as well as supporting organs such as committees under
the Board of Commissioners, committees under the Board of Directors, the Corporate Secretary, the Internal
Audit Unit, the Enterprise Risk Management Division, the Compliance Division, and the Policy Governance
Division. Each organ plays a critical role in ensuring effective GCG implementation by performing its
functions in accordance with the Bank’s Articles of Association. This aims to enhance performance, safeguard
stakeholder interests, and ensure compliance with prevailing laws and regulations.

Supported by an adequate governance framework, BNI is well-positioned to implement and continually
refine its application of sound governance practices across the Bank and its subsidiaries. This commitment
is a key factor in maintaining the Bank’s long-term business sustainability. By conducting business ethically
and responsibly while emphasizing the adoption of sound business practices, BNI remains optimistic about
its ability to grow stronger, better equipped to navigate challenges, and consistently capable of accelerating
its progress in an increasingly competitive business landscape.




                                                     BNI Governance Organ Structure

                                                                               General Meeting of Shareholders



                                                                                  Effect & Dismisses
                                                   Board of Directors                                        Board of Commissioners
                                                                                  Check & Balances



                                                                                                          Secretary to Board of
                                                                                                                                      Independent Auditor
                                                                                                            Commissioners
          Credit Committee        Credit Policy Committee

                                                                         Corporate Secretary
                                                                                                             Nomination and
         Business Committee      Asset & Liability Committee                                                  Remuneration
                                                                                                               Committee
                                                                    Compliance Division
          Integrated Risk
                                 Human Capital Committee
       Management Committee


   Performance Management         Technology Management
          Committee                     Committee
                                                                          Audit Committee                    Audit Committee

       Risk Management & Anti-
                                  Subsidiaries Committee
           Fraud Committee                                                Enterprise Risk                    Risk Monitoring
                                                                        Management Division                    Committee




                                                                                                          Integrated Governance
                                                                                                                Committee




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Capital & Risk Management   Good Corporate   Social & Environmental      ESG        Financial
         Practices           Governance          Responsibility       Commitment   Statements



  SOFT-STRUCTURE OF BNI GOVERNANCE                                    12. General Integrated Risk Management Policy,
                                                                          Corporate Guidelines No. IN/029/ERM/007, dated
  In addition to having adequate governance organs,                       February 20, 2024.
  BNI also has a comprehensive GCG infrastructure                     13. General Internal Control System Policy, Corporate
  consisting of internal policy and guideline devices                     Guidelines No. IN/065/ERM/009, dated August 9,
  to enhance employee awareness to consistently                           2024.
  pay attention to Good Corporate Governance (GCG)                    14. Internal Audit Charter through BNI Board of
  aspects in all ongoing business processes. The                          Directors Decree No. KP/351/DIR/R, dated August
  following is a list of GCG infrastructure owned by                      15, 2024.
  BNI according to the latest changes                                 15. Conflict of Interest Handling Guidelines,
  1. Articles of Association No. 05, dated March 4,                       Corporate Guidelines No. IN/119/CMP/001, dated
      2024, recorded in the Legal Entity Administration                   December 27, 2024.
      System of the Ministry of Law and Human Rights                  16. Corporate Secretary Guidelines ratified through
      of the Republic of Indonesia under No. AHU-                         Decree No. KP/356/DIR/R, dated September 2,
      AH.01.03-0079037 Year 2024, dated April 1, 2024.                    2016.
  2. BNI Code of Ethics as the Code of Conduct for                    17. Corporate Guidelines on Prohibited and Non-
      BNI Hi-Movers.                                                      Prohibited Securities Transactions for Insiders,
  3. Guidelines and Code of Conduct for the Board of                      No. IN/500/KMP/001, dated September 23, 2019.
      Commissioners through Board of Commissioners                    18. Corporate Guidelines on Anti-Money Laundering,
      Decree No. KEP/024/DK/2024, dated October 22,                       Counter-Terrorism Financing, and Prevention of
      2024.                                                               Weapons of Mass Destruction Proliferation (AML
  4. Guidelines and Code of Conduct for the Board of                      CTF and PWMD), No. IN/003/CMP/001, dated
      Directors through BNI Board of Directors Decree                     February 28, 2024.
      No. KP/339/DIR, dated August 6, 2024                            19. Corporate Procurement Guidelines No. IN/822/
  5. Audit Committee Charter and Code of Ethics                           PGV/009, dated September 22, 2023, and No.
      approved by the Board of Commissioners                              IN/238/PGV/001, dated May 31, 2024.
      through Decree No. KEP/018/DK/2024, dated                       20. Compliance Work Guidelines No. IN/963/KPN/002,
      June 6, 2024                                                        dated December 14, 2021.
  6. Risk Monitoring Committee Charter approved by                    21. Whistleblowing System Guidelines No. IN/002/
      the Board of Commissioners through Decree No.                       IAD/001, dated May 8, 2024.
      KEP/017/DK/2024, dated June 6, 2024.                            22. Anti-Fraud Strategy Guidelines No. IN/003/
  7. Remuneration and Nomination Committee                                AFR/001, dated December 9, 2024.
      Charter ratified through Decree No. KEP/019/                    23. Anti-Bribery Management System Guidelines
      DK/2024, dated June 6, 2024.                                        No. IN/118/CMP/006, dated December 27, 2024.
  8. Integrated Governance Committee Charter                          24. Gratification Control Guidelines No. IN/726/
      approved by the Board of Commissioners                              KPN/002, dated September 24, 2021.
      through Decree No. KEP/016/DK/2024, dated                       25. Investor Relations Activity Guidelines No. IN/41/
      June 6, 2024.                                                       KMP/001, dated January 26, 2015.
  9. Good Corporate Governance Policy, Corporate                      26. Strategic Planning Guidelines: Bank Business
      Guidelines No. IN/097/CMP/001, dated August 28,                     Plan No. IN/401/REN/002, dated August 30, 2017.
      2024.                                                           27. Quality Management of Published Financial
  10. BNI    Financial   Conglomeration     Integrated                    Statements Guidelines No. IN/749/PKU/002,
      Governance Policy, Corporate Guidelines No.                         dated September 28, 2021.
      IN/054/CMP/001, dated May 17, 2024.                             28. GCG Monitoring Activity and Self-Assessment
  11. General Risk Management Policy, Corporate                           Report Guidelines No. IN/462/KMP/001, dated
      Guidelines No. IN/043/ERM/008, dated February                       October 22, 2015.
      20, 2024.




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29. Credit Committee Guidelines No. IN/682/PGV/002,             36. Credit Policy Management Committee Guidelines
    dated August 8, 2022; No. IN/517/PGV/004, dated                 through Board of Directors Decree No. KP/170/
    July 3, 2023; No. IN/002/PGV/007, dated January                 DIR/R dated April 29, 2024 concerning the
    5, 2024; and No. IN/004/PGV/007, dated January                  Arrangement of the Credit and Business Policy
    5, 2024.                                                        Committee.
30. Asset & Liability Committee (ALCO) Guidelines               37. Human Capital Committee Guidelines through
    through Board of Directors Decree No. KP/437/                   Board of Directors Decree No. KP/351/DIR/R dated
    DIR/R, dated September 22, 2021, concerning                     August 15, 2024 concerning the Arrangement of
    the Arrangement of Asset & Liability Committee                  the Human Capital Committee.
    (ALCO).                                                     38. Subsidiary Committee Guidelines through Board
31. Guidelines for the Capital Risk Management &                    of Directors Decree No. KP/067/DIR/R dated
    Anti-Fraud Committee through the Decree of                      March 7, 2022 concerning the Arrangement of the
    the Board of Directors No. KP/745/DIR/R dated                   Subsidiary Committee.
    October 26, 2023 concerning the Arrangement of
    the Risk Management & Anti-Fraud Committee.                 All policies and guidelines mentioned above are
32. Guidelines for the Performance Management                   periodically disseminated to all employees and,
    Committee through the Decree of the Board of                when necessary, may be updated to remain relevant
    Directors No. KP/353/DIR/R dated June 21, 2017              to the organization's needs and aligned with the
    concerning the BNI Performance Management                   evolving dynamics of the business.
    Committee (PMC).
33. Guidelines for the Integrated Risk Management               GOOD CORPORATE GOVERNANCE
    Committee through the Decree of the Board of                MECHANISM
    Directors No. KP/215/DIR/R dated May 31, 2024
    concerning the Arrangement of the Integrated                The Good Corporate Governance mechanism
    Risk Management Committee.                                  encompasses methods, procedures, and rules for
34. Business Committee Guidelines (KBI) through                 implementing governance principles supported
    Board of Directors Decree No. KP/025/DIR/R dated            by adequate governance structures and soft
    January 18, 2024 concerning the Arrangement of              structures. This ensures outcomes aligned with
    the Business Committee (KBI).                               stakeholder expectations. In practice, effective
35. Technology Management Committee Guidelines                  GCG implementation requires not only governance
    through Board of Directors Decree No. KP/364/               structure pillars but also a clear soft structure to
    DIR/R dated August 13, 2021 concerning the                  guide the process. The execution of corporate
    Arrangement of the Technology Management                    governance is intrinsically linked to the governance
    Committee.                                                  structure, as evidenced by the Bank’s governance
                                                                organizational framework.




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  Continuous Improvement of GCG
  Implementation Quality

  BNI consistently evaluates the implementation of governance across all its business processes to ensure
  continuous quality enhancement, aligning with the evolving best practice standards of Good Corporate
  Governance (GCG) principles in the banking and financial services industry. Strengthening GCG practices
  represents a key initiative by BNI to foster growth, self-improvement, and operational excellence.These efforts
  aim to ensure the Bank conducts its business transparently, ethically, and responsibly. The improvements in
  GCG implementation quality are depicted in the following chart:


                            BNI GCG Implementation Sustainability Quality Improvement Cycle



                                                                         1

                                                                      GCG
                                                                 Implementation
                                                                   Standards

                                       5           GCG                                                   2
                                              Implementation                             GCG
                                             and Benchmarking                       Implementation
                                                  Quality
                                               Improvement



                                                         GCG                        GCG
                                                     Measurement/              Implementation
                                                      Assessment                 Monitoring


                                                    4                                      3



  The cycle of improving the quality of GCG implementation at BNI encompasses the following:

  1) SETTING THE QUALITY STANDARDS OF GCG IMPLEMENTATION

      To enhance the quality of GCG implementation, BNI has adopted a governance system based on best
      practices in sustainable management. As of the end of 2024, BNI’s GCG implementation standards
      adhere to the Regulation of the Minister of State-Owned Enterprises No. PER-2/MBU/03/2023 concerning
      Guidelines for Governance and Significant Corporate Activities of State-Owned Enterprises. Additionally,
      as a publicly listed entity on the Indonesia Stock Exchange under the supervision of the Indonesian
      Financial Services Authority (OJK), BNI’s GCG standards also comply with the Financial Services Authority
      Regulation No. 21/POJK.04/2015 on the Implementation of Guidelines for Public Company Governance
      and Financial Services Authority Regulation No. 17 of 2023 on the Implementation of Governance for
      Commercial Banks. As a crucial step in promoting the enhancement of GCG implementation quality,
      BNI periodically reviews global best practice standards for GCG that are applicable and relevant to the
      banking industry, including:



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  a) General Guidelines for Indonesian Corporate                      GCG principles in compliance with applicable
     Governance (PUGKI) developed by the                              laws and regulations in Indonesia while also
     National Committee for Governance Policy                         incorporating     relevant   international     best
     (KNKG);                                                          practices for the banking and financial services
  b) Principles of Corporate Governance for                           industry. With unwavering integrity, all BNI-Hi
     State Owned Companies developed by the                           Movers personnel uphold governance practices
     Organization for Economic Co-operation and                       of the highest standards across all Bank activities,
     Development (OECD), namely the ASEAN                             ensuring a positive impact on operational
     Corporate Governance Scorecard (ACGS);                           performance. Furthermore, BNI leverages
  c) Corporate Governance Perception Index                            GCG principles as a foundation for responsible
     (CGPI) organized by The Indonesian Institute                     decision-making, mitigating conflicts of interest,
     for Corporate Governance (IICG). CGPI is                         optimizing performance, and strengthening
     a research and ranking program for GCG                           accountability.
     implementation in companies in Indonesia;
  d) Principles     for    Enhancing      Corporate                   Implementation of GCG Based on TARIF
     Governance issued by the Basel Committee                         Principles
     on Banking Supervision;                                          BNI’s GCG practices are founded on the five core
  e) ESG or Environment, Social, and Governance;                      principles of good governance: Transparency,
     and                                                              Accountability, Responsibility, Independence,
  f) Internalization    of   various    laws    and                   and Fairness (TARIF). The application of these
     regulations and guidelines with national and                     principles within BNI has been evaluated for
     international standards into BNI’s internal                      compliance with Financial Services Authority
     policies is a commitment from the Board of                       Regulation (POJK) No. 17 of 2023 on the
     Commissioners and Directors along with all                       Implementation of Governance for Commercial
     employees. This commitment is manifested                         Banks. This commitment has been endorsed by
     in the Company’s vision, mission, and values                     the Board of Commissioners, Board of Directors,
     and is expected to be integrated into the daily                  management, and all BNI Hi-Movers to foster a
     behavior of all employees.                                       Bank that achieves sustainable growth, global
                                                                      competitiveness, and robust resilience in its
2) GCG IMPLEMENTATION                                                 business operations.

  BNI is committed to consistently enhancing the                  The following is a description of the implementation
  quality of GCG implementation by adhering to                    of the 5 (five) basic principles of good governance
                                                                  at BNI:


GCG Principles                                         Implementation in BNI Environment
Transparency     •   The Bank discloses information in a timely, adequate, clear, accurate, and comparable manner and can
                     be accessed by stakeholders.
                 •   The Bank discloses information transparency that includes but is not limited to the Bank's vision, mission,
                     business objectives, strategies, financial conditions, and material information and facts that may influence
                     investor decisions.
                 •   The principle of transparency continues to pay attention to the provisions on Bank confidentiality, official
                     confidentiality, and protection of personal data in accordance with applicable regulations.
                 •   The Bank's policies must be written and communicated to stakeholders and other parties who have the
                     right to obtain information about the policy.
Accountability   •   The Bank sets business targets and strategies to be accountable to stakeholders.
                 •   The Bank establishes a check and balance system in the management of the Bank.
                 •   The Bank has performance measures for all organizational organs based on agreed measures and in line
                     with the Company's values (Corporate Culture Values), business targets and strategies of the Bank and
                     has a rewards and punishment system.
                 •   Each organ of the Bank has clear duties and responsibilities, and has competence in accordance with its
                     responsibilities and understands its role in the implementation of Good Corporate Governance.
Responsibility   •   The Bank adheres to the principle of prudence (prudential bank practices) and complies with applicable
                     laws and regulations, articles of association and internal provisions.
                 •   The Bank as a good corporate citizen cares about the environment and carries out social responsibilities
                     appropriately.




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   GCG Principles                                             Implementation in BNI Environment
   Independence       • The Bank avoids any unreasonable domination by any stakeholder and is not influenced by certain inter-
                        ests and is free from conflict of interest.
                      • The Bank makes decisions objectively and is free from any pressure from any party.
   Fairness           •     The Bank pays attention to the interests of all stakeholders based on the principles of equality and fairness
                            (equal treatment).
                      •     The Bank provides an opportunity for all stakeholders to provide input and express opinions for the
                            interests of the Bank and provides access to open information.



      Implementation of GCG Based on the 2021 PUGKI Corporate Governance Pillars
      In line with the evolving best practices for corporate GCG implementation standards in Indonesia, BNI
      regularly evaluates and updates its GCG practices by referring to the General Guidelines for Indonesian
      Corporate Governance (PUGKI), issued by the National Committee for Governance Policy (KNKG) in 2021
      and is development of core values of TARIF, as previously described.

      BNI remains committed to enhancing its internal GCG practices in line with globally recommended
      pillars of best corporate governance. The Bank has continuously updated its guidelines to ensure its
      business activities align with the objectives and needs of all stakeholders. This alignment fosters mutual
      trust and creates a harmonious environment within the Bank, promoting a culture of excellence and
      professionalism among all BNI employees.

      In the long term, BNI recognizes that the application of good corporate governance (GCG) principles is
      vital to enhancing investor and stakeholder confidence, lowering capital costs, strengthening the capital
      markets and financial services sector, creating more employment opportunities, and driving economic
      growth in alignment with sustainable development principles.

      The following are 4 (four) pillars of corporate governance as outlined in the 2021 PUGKI, which have
      been adopted by BNI:


                                       4 (Four) Pillars of Indonesian Corporate Governance




                                                         Ethical          Accountability
                                                        Behavior




                                                     Transparency          Sustainability




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   Pillars of
   Corporate                        Explanation                                   Implementation in BNI Environment
  Governance
Ethical Behavior   In carrying out its activities, the corporation •      The Bank is committed to internalizing the principles
                   always prioritizes honesty, treats all parties         of Indonesian corporate governance in values, work
                   with respect, fulfills commitments, builds             culture, strategies, operational policies, and operational
                   and maintains moral values and trust                   systems and procedures. This commitment is reflected
                   consistently. The corporation pays attention           in the signing of the Integrity Pact of the Board of
                   to the interests of shareholders and other             Commissioners, Directors and all employees which is
                   stakeholders based on the principles of                carried out periodically every year.
                   fairness and equality and is managed •                 All Shareholders including Minority Shareholders and
                   independently so that each company organ               Foreign Shareholders are treated equally and fairly
                   does not dominate each other and cannot be             (equal treatment). In addition, all stakeholders are
                   intervened by other parties.                           given the same opportunity to obtain information and
                                                                          submit criticism/suggestions to the Bank.
Accountability     Corporations can be held accountable for their •       The Bank sets business targets and strategies to be
                   performance in a transparent and fair manner.          accountable to stakeholders.
                   Therefore, Corporations must be managed •              The Bank establishes a check and balances system in
                   properly, measurably and in accordance                 managing the Bank.
                   with corporate interests while still taking into •     The Bank has performance measures for all
                   account the interests of shareholders and              organizational organs based on agreed measures and
                   stakeholders. Accountability is a prerequisite         in line with the Company's values (Corporate Culture
                   for achieving sustainable performance.                 Values), business targets and strategies of the Bank and
                                                                          has a reward and punishment system.
                                                                      •   Each Bank organ has competence in accordance
                                                                          with its responsibilities and understands its role in
                                                                          implementing the principles of Indonesian corporate
                                                                          governance
 Transparency      To maintain objectivity in conducting              •   Banks disclose information in a timely, adequate,
                   business, corporations provide material and            clear, accurate, comparable and accessible manner to
                   relevant information in a way that is easily           stakeholders
                   accessible and understood by stakeholders.         •   Banks disclose information disclosures that include
                   Corporations take the initiative to disclose not       but are not limited to the Bank's vision, mission,
                   only issues required by laws and regulations,          business objectives, strategies, financial conditions,
                   but also matters that are important for                and material information and facts that can influence
                   decision-making by shareholders, creditors,            investor decisions.
                   and stakeholders.                                  •   The principle of transparency continues to pay
                                                                          attention to the Bank's confidentiality provisions,
                                                                          official confidentiality, and protection of personal data
                                                                          in accordance with applicable regulations.
                                                                      •   Bank policies must be written and communicated to
                                                                          stakeholders and other parties who have the right to
                                                                          obtain information about the policy.
 Sustainability    The Corporation complies with laws and •               The Bank integrates corporate strategy with
                   regulations and is committed to carrying               sustainability values that consider the balance of
                   out its responsibilities towards society and           environmental, social, and governance, as well as
                   the environment in order to contribute                 economic      aspects.
                   to    sustainable    development      through •        In its implementation, the Bank also builds a
                   cooperation with all relevant stakeholders to          comprehensive sustainability culture in every work unit
                   improve their lives in a manner that is in line        so that green banking practices can be implemented
                   with business interests and the sustainable            optimally.
                   development agenda.                             •      The Bank has formed an Environment, Social &
                                                                          Governance (ESG) Sub-Committee under the Risk
                                                                          Management & Anti-Fraud Committee, as well as a
                                                                          special department in the Enterprise Risk Management
                                                                          (ERM) Division to oversee sustainability practices at the
                                                                          Bank.
                                                                      •   The Bank has considered Environmental, Social
                                                                          and Governance factors, and included sustainability
                                                                          principles in the Company's Code of Ethics, policies,
                                                                          and guidelines.
                                                                      •   The Bank conducts various internal programs to ensure
                                                                          sustainable implementation, including the socialization
                                                                          of the Indonesian Green Taxonomy (THI) to business
                                                                          units, implementation of Environmental, Social, and
                                                                          Governance (ESG)-based training, Go Green initiatives,
                                                                          mandatory e-learning programs, and increasing
                                                                          ESG awareness through the BNI website and various
                                                                          communication channels such as Youtube and email
                                                                          blasts.




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  Footprints of GCG Implementation at BNI
      Year                                                        Activities and Events
      2001      BNI is committed to implementing GCG practices with the best standards. This commitment was pioneered
                by the Board of Commissioners and Board of Directors of BNI through the signing of the Joint Decree of the
                Commissioners and Board of Directors No. KEP/001/DK and KP/001/DIR dated January 3, 2001 concerning the
                Implementation of Good Corporate Governance Principles as stated in the Corporate Governance Handbook
                of PT Bank Negara Indonesia (Persero) Tbk which was then used as a guideline for the Board of Directors and
                Commissioners to manage BNI.
      2002      As part of its commitment to continuously improve the implementation of corporate governance, BNI has carried
                out the following activities:
                1) Establishing a Compliance Unit and an Anti-Money Laundering Unit under the responsibility of the Legal and
                   Compliance Division;
                2) Establishing a Remuneration and Nomination Committee that has the role and responsibility to prepare
                   performance assessment criteria for each member of the Board of Commissioners and Board of Directors and
                   to assess the structure, system, and implementation of compensation for the Board of Directors and provide
                   suggestions for changes to the Board of Commissioners if requested;
                3) Establishing an assessment center to improve the process/system for selecting executive positions;
                4) Improving the banking information system; and
                5) The Board of Commissioners has established an Audit Committee Charter as a guide for members of the Audit
                   Committee in carrying out their duties.
      2003      BNI maintains its consistency in making improvements in various aspects, both in terms of commitment and
                compliance with its implementation. To ensure this, every employee is required to sign a statement of compliance
                with the Code of Ethics. As one of BNI’s concrete efforts to improve the quality of GCG implementation, in 2003, BNI
                formed an Executive Committee tasked with assisting the Board of Directors in certain areas, including:
                1) Asset & Liability Committee (ALCO).
                2) Risk Management Committee.
                3) Credit Policy Committee.
                4) Human Resources Committee.
                5) Technology Management Committee.
      2004      The following are BNI’s important achievements in the field of GCG implementation during 2004:
                1) BNI Management approved the establishment of a Good Corporate Governance Committee tasked with assisting
                   the Board of Directors in evaluating and optimizing the effectiveness of GCG policies and implementation in
                   BNI’s work environment.
                2) BNI was assessed as one of five public companies with good Corporate Governance practices in a survey
                   conducted by Standard & Poor’s Governance Services and the Corporate Governance and Financial Reporting
                   Center (CGFRC) headquartered in Singapore.
                3) Management implemented a Zero Fraud program to foster healthy and responsible banking practices, risk
                   awareness, and close supervision of deviant behavior. Through this program, BNI rewards work units that
                   succeed in achieving Zero Fraud in their operations and conversely sanctions work units that fail to prevent
                   Fraud.
                4) BNI formed a Work Ethics Team that works under the Human Resources Committee. Periodically, this team
                   evaluates the progress of work ethics in BNI’s work environment.
                5) BNI improves stakeholders’ access to all information that has a material impact on BNI, including quarterly
                   financial reports, annual reports, information on the use of funds from corporate actions, information that can
                   influence investors’ investment decisions, results of General Meetings of Shareholders, and other important
                   events concerning BNI, both through the BNI website, reports to the OJK, Stock Exchange, mass media, public
                   exposure, and analyst meetings.
      2005      BNI’s commitment to implementing GCG is proven through the establishment of a GCG Monitoring organizational
                unit through the Decree of the Board of Directors No. KP/174/DIR/R dated April 26, 2005.
      2006      Signing of the ‘Statement of Commitment to Implement Good Corporate Governance’ by all Directors, Board of
                Commissioners, and Division Leaders at the Company’s Work Meeting, which was then attended by all employees
                at all levels of the organization and renewed annually.
      2007      As a follow-up to the signing of the ‘Statement of Commitment to Implement Good Corporate Governance’ in the
                previous year, BNI has prepared a GCG program including:
                1) GCG e-learning.
                2) BNI Commissioners and Directors’ Guidelines and Work Procedures.
                3) BNI Human Behavior Requirements Book, which consists of BNI Human Work Culture Values and Main Behaviors
                   called PRINCIPLE 46.
                4) BNI received the title of Trusted Company in the Corporate Governance Perception Index ranking held by The
                   Indonesian Institute for Corporate Governance (IICG) and SWA magazine.
      2008      In order to strengthen the implementation of the Know Your Customer Principle (PMN) and the implementation
                of the Money Laundering Crime Law (UU TPPU), the Compliance Division in collaboration with the Information
                Technology Division developed and continued to refine a system integrated with the iCONS system to identify
                suspicious financial transactions.
      2009      BNI has succeeded in improving its performance which has resulted in an increase in profit of up to 103% compared
                to the previous year. This is inseparable from the consistent implementation of GCG by all BNI employees.




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 Year                                                       Activities and Events
 2010       Launching an integrated Whistleblowing System (WBS) so that transparency is maintained and its implementation
            is understood by all BNI employees. Improvement of the BNI employee code of conduct aimed at improving the
            quality of BNI employees. BNI’s participation in the GCG implementation ranking conducted by independent rating
            agencies, namely the Center for Good Corporate Governance, Universitas Gadjah Mada (CGCG UGM), and The
            Indonesian Institute for Corporate Directorship (IICD).
 2011       BNI has successfully won a number of awards from various national and international institutions, including:
            1) Best of The Best Company BUMN 2011.
            2) The Most Admired ASEAN Enterprise Economics Challenges Award 2011.
            3) Most Trusted Company from The Indonesian Institute for Corporate Governance (IICG).
            4) BNI’s information technology governance has been recognized for its reliability by being awarded the IT
               Governance Award by the Ministry of BUMN.
 2012       1) The results of the self-assessment according to Bank Indonesia regulations in 2011 and 2012 showed a stable
               trend with a composite predicate of Very Good.
            2) The establishment of the Anti-Fraud Unit Committee which was formed based on the Decree of the Board
               of Directors No. KP/508/DIR/R dated November 9, 2012 concerning the Establishment of the Anti-Fraud Unit
               Committee (KAF). In carrying out its duties and responsibilities, KAF is assisted by the Ethics Management Unit
               in the Compliance Division, one of whose functions is as a data liaison and reporting with other Divisions/Units
               and external parties related to the Anti-Fraud Strategy and managing the fraud-related database in BNI.
 2013       BNI has successfully won a number of awards from various national and international institutions, including:
            1) Most Trusted Company Based on Investors and Analysts Assessment Survey at the Good Corporate Governance
               Award 2013.
            2) Most Trusted Company Based on Corporate Governance Perception Index (CGPI) at the Good Corporate
               Governance Award 2013.
            3) Award as The Best Bank in Indonesia in Developing Good Corporate Governance (GCG) from Asiamoney
               Magazine.
 2014       In addition to focusing on improving the quality of GCG implementation, BNI also continues to strive to increase
            its contribution to support economic and environmental growth by organizing a number of programs such as
            Kampoeng BNI, Partnership and Community Development Program, CSR activities organized by BNI Syariah, and
            commitment to the One Billion Indonesian Trees (OBIT) program which has planted more than 7 million trees in
            the last 7 years.
 2015       BNI successfully won the award as “The Best State Owned Enterprise and Top 50 Public Listed Companies” at the
            Good Corporate Governance Award event organized by The Indonesian Institute for Corporate Directorship (IICD).
 2016       BNI successfully won a number of awards from various national and international institutions, including:
            1) The Best State Owned Enterprise and Top 50 Public Listed Companies at the Good Corporate Governance Award
               event organized by the Indonesian Institute for Corporate Directorship (IICD).
            2) Most Trusted Company Based on Corporate Governance Perception Index (CGPI) at the 2016 Good Corporate
               Governance Award.
 2017       BNI has won several awards from various national and international institutions, including:
            1) 1st Place in the Listed Financial BUMN Category in the 2016 Annual Report Award event.
            2) The Best State Owned Enterprise and Top 50 Public Listed Companies in the Good Corporate Governance Award
               event held by The Indonesian Institute for Corporate Directorship (IICD).
            3) Most Trusted Company Based on Corporate Governance Perception Index (CGPI) at the 2017 Good Corporate
               Governance Award.
 2018       BNI has won several awards from various national and international institutions, including:
            1) The Best State Owned Enterprise and Top 50 Public Listed Companies in the Good Corporate Governance Award
               event held by the Indonesian Institute for Corporate Directorship (IICD).
            2) Most Trusted Based on Corporate Governance Perception Index (CGPI) at Good Corporate Governance.
 2019       BNI’s hard work in maintaining the implementation of GCG in accordance with best practices, provisions, and
            applicable standards has succeeded in bringing BNI to win a number of prestigious awards, including:
            1) The Best State Owned Enterprise and Top 50 Public Listed Companies in the Good Corporate Governance Award
               event held by the Indonesian Institute for Corporate Directorship (IICD).
            2) Most Trusted Based on Corporate Governance Perception Index (CGPI) in Good Corporate Governance.
            3) The Best Good Corporate Governance Issuer from IDX Channel.

            In 2019, BNI began implementing digitalization in the implementation of Board of Directors Meetings and the
            implementation of GCG commitments for all BNI Hi-Movers. In an effort to improve the implementation of GCG,
            the Company is also actively collaborating with external institutions IICD in order to improve the implementation
            of GCG at BNI.




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      Year                                                        Activities and Events
      2020      BNI always strives to continue to make improvements and innovations to realize one of BNI’s missions “To be a
                reference for the implementation of compliance and good Corporate Governance for the Industry”. These efforts
                have received recognition and awards from external and independent parties in the form of:
                1) Award as the “Most Trusted Company” from The Indonesian Institute for Corporate Governance (IICG).
                2) Predicate as a “Very Good” company in implementing GCG based on the ASEAN Corporate Governance
                   Scorecard (ACGS) standard from the Indonesian Institute for Corporate Directorship (IICD).
                3) The Best GRC Overall for Corporate Governance & Performance 2020 (International Trade & Corporate Banking)
                   at the GRC (Governance, Risk & Compliance) & Performance Excellence Award 2020 held by Businessweek
                   Indonesia and the CEO Forum.
                4) Award for Rank I Gratification Control Unit (UPG) in the State-Owned Enterprises (BUMN)/Regional-Owned
                   Enterprises (BUMD) Category from the Corruption Eradication Commission (KPK).
      2021      BNI has won several awards from various national and international institutions, including:
                1) Award as the “Most Trusted Company” from The Indonesian Institute for Corporate Governance (IICG).
                2) Predicate as a “Very Good” company in implementing GCG based on the ASEAN Corporate Governance
                   Scorecard (ACGS) standard from the Indonesian Institute for Corporate Directorship (IICD).
                3) 2nd place winner of The Best Indonesia GCG Award VI-2021 in the Public Company - Book IV Bank category
                   organized by the Economic Review.
                4) Achievement of a score of 100 for the implementation of the 2021 Gratification Control Program from the KPK.

                Other achievements in the field of GCG carried out by BNI during 2021 to improve the quality of GCG implementation
                internally, include:
                1) Changing GCG management to be under the coordination of two divisions or work units, namely the Compliance
                   Division and the Corporate Secretary. This is done so that GCG management, both individually and integrated,
                   is more effective.
                2) Signing of the Cooperation Agreement (PKS) between BNI and the Corruption Eradication Commission regarding
                   Handling Complaints in Efforts to Eradicate Criminal Acts of Corruption based on PKS No. 67 of 2021 and No.
                   DIR/153 dated March 2, 2021, which aims to build and improve the effectiveness and efficiency of handling
                   complaints both internally and externally which are integrated by prioritizing confidentiality in order to optimize
                   the eradication of criminal acts of corruption in the work environment. 3) Approving the establishment of the
                   Anti-Fraud Unit based on the Decree of the Board of Directors No. KP/291/DIR/R dated June 28, 2021 concerning
                   the establishment of the Anti-Fraud Unit Organization (SAF) which aims to improve the implementation of the
                   Anti-Fraud Strategy at BNI through prevention, detection, investigation, reporting, and sanctions, monitoring,
                   and evaluation activities.
      2022      BNI has received a number of awards from various national and international institutions, including:
                1) Award as “The Most Trusted Companies” from The Indonesian Institute for Corporate Governance (IICG).
                2) Award as “Leadership in Corporate Governance” from the Indonesian Institute for Corporate Directorship (IICD).
                3) Achievement of a score of 100 for the implementation of the Gratification Control Program in 2022 from the KPK.

                Other achievements in the field of GCG carried out by BNI during 2022 to improve the quality of GCG implementation
                internally include:
                1) Signing of Integrity Pact by all employees as a manifestation of the implementation of AKHLAK, Principle 46,
                   and RACE.
                2) Establishment of ESG Implementation Coordinator Group at BNI based on Decree No. REN/2/173/R dated June
                   30, 2022 and Appointment of Consultant in order to assist the process of preparing framework, roadmap, and
                   implementation of ESG at BNI.
      2023      BNI has won several awards from various national and international institutions, including:
                1) Award as “The Most Trusted Companies” from The Indonesian Institute for Corporate Governance (IICG).
                2) Award as “Leadership in Corporate Governance” from the Indonesian Institute for Corporate Directorship (IICD).
                3) Annual Report Award (ARA) 2022 and ranked second in the BUMN Finance category.

                Other achievements in the field of GCG carried out by BNI during 2023 to improve the quality of GCG implementation
                internally, include:
                1) Implementation of the New Way of Working (NWOW) initiative as a form of supporting the increasingly rapid
                   business development process, as well as increasing employee productivity by changing the way of working to
                   be more agile.
                2) In order to strengthen the internal control system, BNI formed the Operational Risk Management (ORM) Division
                   and Senior Operational Risk Executive (SORX) consisting of 4 (units) functional units, namely. SORX Wholesale
                   Banking, SORX Network & Services, SORX Consumer Banking & Corporate Function and SORX Technology,
                   Digital & Operations.




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 Year                                                       Activities and Events
 2024       Improvement of governance quality that has been carried out:
            1) Award as “The Most Trusted Companies” from The Indonesian Institute for Corporate Governance (IICG).
            2) Award as “Leadership in Corporate Governance” from the Indonesian Institute for Corporate Directorship
               (IICD).
            3) Winner of the BUMN Finance category in the 2023 Annual Report Award (ARA).
            4) Award for Informative Qualification of State-Owned Enterprises in 2024 from the Central Information
               Commission (KIP).
            5) Re-certification of ISO 37001 Anti-Bribery Management System (SMAP).
            6) Formation of a Data Protection Officer (DPO) under the Compliance Division in order to implement the PDP Law.


3. MONITORING GCG IMPLEMENTATION                                      evaluation results, BNI periodically evaluates
                                                                      the quality of GCG implementation, both on its
  Person in Charge of GCG Implementation                              own (self-assessment) and in cooperation with
  The Compliance Division and Corporate Secretary                     outside parties.
  Division are in charge of all accountability
  pertaining to GCG implementation at BNI. In this                Self Assessment
  instance, the individual in charge of BNI’s GCG                 A. Assessment Procedure
  implementation is charged with making sure the                     Every semester, a self-assessment on BNI's
  Bank has acted responsibly and in conformity                       governance principles is conducted in compliance
  with the highest ethical standards. The Board                      with the following guidelines:
  of Directors directly appoints the individual in                    a) POJK No. 17 of 2023 concerning the
  charge of GCG implementation By means of                               Implementation    of    Governance     for
  Board of Directors Decree No.KP/133/DIR/R dated                        Commercial Banks; and
  April 7, 2021.                                                      b) Circular Letter of the Financial Services
                                                                         Authority No. 13/SEOJK.03/2017 concerning
  Throughout 2024, the Compliance Division and                           the Implementation of Governance for
  Corporate Secretary Division have carried out                          Commercial Banks.
  a series of GCG implementation monitoring
  activities, including:                                              GCG assessment is carried out in a comprehensive
  a) Signing of the Good Corporate Governance                         and structured manner, covering 3 (three)
     Integrity Pact by the Board of Directors, Board                  aspects, namely: (1) Structure, (2) Process, and (3)
     of Commissioners and all employees.                              Results, by considering 11 (eleven) Governance
  b) Monitoring       and   evaluation     of     GCG                 Implementation Assessment Factors. The three
     implementation and internal control.                             aspects are described as follows:
  c) Know Your Employee (KYE) as one of the
     inherent supervision efforts for employees                       (1) Governance Structure
     to ensure that fraud does not occur by                               The goal of the governance structure
     considering whether there are indications                            assessment is to determine if the Bank’s
     that require further attention (irregularities).                     infrastructure and governance structure are
  d) Encourage the implementation of the                                  enough to ensure that the application of
     Governance, Risk and Compliance (GRC)                                good governance principles yields results
     forum consistently both in BNI and its                               that meet stakeholder expectations. BNI’s
     Subsidiaries.                                                        Governance Structure consists of the Board
                                                                          of Commissioners, Board of Directors,
4. MEASUREMENT/ASSESSMENT OF GCG                                          Committees, and work units in the Bank.
   IMPLEMENTATION                                                         Meanwhile, what is included in BNI’s
                                                                          Governance infrastructure includes the
  Periodically, the GCG implementation is evaluated                       Bank’s policies and procedures, management
  to make sure BNI has conducted banking activities                       information systems, and the main tasks and
  in compliance with industry-relevant laws, rules,                       functions of each organizational structure.
  and business ethics standards. GCG assessments
  are thought to be advantageous for the Bank's                       (2) Governance Process
  internal interests as well as for fostering a high                      The assessment of the Governance process
  degree of transparency in the Bank's choices and                        aims to assess the effectiveness of the process
  actions. This helps to preserve stakeholder trust                       of implementing good governance principles
  and serves as the foundation for forging solid                          supported by the adequacy of the Bank’s
  bonds between the Bank and the various parties.                         governance structure and infrastructure so
  In order to get more impartial and unbiased                             that it shows results that are in accordance
                                                                          with the expectations of stakeholders.


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      (3) Governance Outcome                                                e) Implementation of the compliance function;
          The assessment of Governance results aims                         f) Implementation of the internal audit function;
          to assess the quality of outcomes that meet                       g) Implementation of external audit function;
          the expectations of stakeholders which are                        h) Implementation of risk management including
          the results of the process of implementing                           internal control system;
          good corporate governance principles and                          i) Provision of funds to related parties and
          supported by the adequacy of the Bank’s                              provision of large exposure funds;
          governance structure and infrastructure.                          j) Transparency of the Bank’s financial and
                                                                               non-financial conditions, Good Corporate
  B. Assessment Criteria                                                       Governance implementation reports and
      In 2024, BNI conducted a self-assessment of                              internal reporting; and
      the implementation of Good Governance in                              k) Bank’s Strategic Plan.
      accordance with SEOJK No. 13/SEOJK.03/2017
      covering 11 (eleven) factors consisting of:                       C. Parties Conducting Assessments
      a) Implementation        of   the     duties   and                    The Board of Commissioners, Board of Directors,
         responsibilities of the Board of Commissioners;                    and associated divisions are responsible for
      b) Implementation        of   the     duties   and                    producing a thorough and organised evaluation
         responsibilities of the Board of Directors;                        of the efficacy of Bank Governance as part of the
      c) Completeness and implementation of the                             self-assessment of the implementation of Good
         Committee’s duties;                                                Governance within BNI.
      d) Handling conflicts of interest;




  D. Assessment Results
      Self Assessment
      Based on the results of the self-assessment of the implementation of BNI Governance for the last 3
      (three) years, the following are:
              Description                         2024                              2023                               2022
          Composite Value                           2                                2                                   2



  In Semester I/2024, BNI has conducted an individual GCG self-assessment and has submitted it to OJK, with
  the assessment results as follows:
                                  GCG Implementtion Self Assessment Results for Semester I/June 2024
       Rating                                                 Rating Definition                                                 Trend
          2         Demonstrates the general application of good governance by bank management. The proper                      Stable
                    use of governance concepts reflects this. If there are flaws in the way governance principles are
                    being used, bank management can usually fix them with standard procedures.



  In semester II/2024, BNI has conducted a GCG self-assessment and has submitted it to OJK, with the
  assessment results as follows:
                                      GCG Implementtion Self Assessment Results for Semester II/December 2024
       Rating                                                 Rating Definition                                                 Trend
          2         Demonstrates that Bank Management has implemented Good Governance in general. This is                       Stable
                    reflected in the adequate fulfillment of Governance principles. In the event of weaknesses in the
                    implementation of Governance principles, generally these weaknesses can be resolved with
                    normal actions by Bank Management.


  Based on the ranking determination above, the implementation of GCG implementation at BNI during 2024
  can be explained as follows:

  Strength of Corporate Governance implementation
  i. Governance Structure
     The governance structure has met the requirements set, has been equipped with policies and systems,
     and has been supported by related work units such as audit, compliance, and risk management so as to
     support the implementation of governance at BNI.



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ii. Governance Process
    The process of implementing governance, in which decisions are made using the established business
    strategy as a guide and the principles of governance, has been executed well.

iii. Governance Outcome
     The principles of governance have been implemented in the bank’s business activities, information
     disclosure is carried out based on the principle of openness, and data and reports are submitted in
     accordance with applicable provisions.

Improvement of Corporate Governance implementation
Weaknesses that occur in the governance structure, process and outcome have been followed up,
improvements/developments have been made, and the internal control system has been strengthened, so
as not to disrupt the company’s operations.

EXTERNAL ASSESSMENT DURING THE LAST 3 YEARS

i. Corporate Governance Perception Index (CGPI)
   Using the findings of the Corporate Governance Perception Index (CGPI) evaluation carried out by
   The Indonesian Institute for Corporate Governance (IICG) as one of the guidelines for enhancing
   the implementation of sustainable governance principles is one way that BNI keeps improving the
   application of good governance principles.The application of the CGPI assessment employs a stakeholder
   perspective, where relationships with all stakeholders are becoming more and more crucial in preserving
   the company's long-term business continuity, as well as a reference for the implementation of generally
   applicable best practices and mandatory GCG. The results of the Bank's CGPI assessment for the 2023
   financial year which was carried out in 2024 showed good achievements and received the title of «The
   Most Trusted Company». This is also in line with the compliance with all requirements and stages of the
   CGPI assessment. The following is the trend of CGPI assessment results for the last 5 (five) years:



                                                                                                                92.45
                                                       91.60         91.66               92.26


                                90.74




            89.74




            2019                2020                   2021           2022               2023                    2024




CGPI Assessment Results for Financial Year 2022-2024
            Indicator                              2024                      2023                               2022
Governance Structure                               30.71                     30.67                              25.69
Governance Process                                 30.92                     30.31                              35.00
Governance Outcome                                 30.82                     31.28                              30.97
Skor CGPI                                          92.45                     92.26                              91.66


Based on the results of the CGPI assessment above, it can be concluded that the implementation of GCG at
BNI has shown good results as reflected in the assessment trend which continues to increase from year to
year. The following are recommendations obtained by BNI from the results of the CGPI assessment for the
2024 financial year and its follow-up:




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    No.                         Recommendations                                                   Follow-up
   Governance Structure Aspects
     1.   BNI needs to periodically update the Company’s policies • The process of adjusting and improving policies has
          and strategies through a comprehensive risk-based         always been carried out by considering applicable laws
          analysis related to the dynamics of the business and      and regulations, best practices, bank strategies, and
          industry environment in order to optimize the company’s   business needs.
          potential as an entity or consolidated in the Company • The Bank has prepared a strategic plan including a
          group.                                                    business group in the form of a Corporate Plan for a
                                                                    period of 5 (five) years and a Bank Business Plan (RBB)
                                                                    for a period of 3 (three) years which is prepared annually
                                                                    (rolling adjustment). The preparation of the plan refers
                                                                    to the Company’s Vision and Mission, Shareholder
                                                                    Aspirations, regulatory provisions and company
                                                                    guidelines and considers external factors, internal
                                                                    factors and aspects of bank risk management so as to
                                                                    illustrate the Bank’s sustainable growth in accordance
                                                                    with industry dynamics.
    2.    BNI needs to optimize data governance policies in              BNI continues to develop aspects of data governance to
          accordance with applicable laws and regulations and            support the achievement of the Vision in a sustainable
          refer to best practices and be aligned with the Company’s      manner. With the Data Management & Analytics
          strategic plan.                                                (DMA) Division which has the function of producing
                                                                         advanced analytics output in business and risk aspects
                                                                         that provide significant contributions to all business
                                                                         segments and Subsidiaries while still meeting regulatory
                                                                         compliance aspects. BNI continues to improve aspects
                                                                         of data management, modernize reports in the form of
                                                                         dashboards and quality system and HR capabilities so that
                                                                         it is expected to improve the quality of analysis results that
                                                                         assist in decision making.
   Governance Process Aspects
     1.   BNI needs to optimize the implementation of a                  BNI has a risk management framework that starts from
          comprehensive risk culture and evaluate its implementation     determining the risk strategy and risk appetite that are
          so that it can become a strong foundation to optimize the      in line with BNI’s business strategy and objectives. Risk
          potential and sustainable business growth while still being    management is carried out based on a risk operating
          in accordance with the established risk appetite.              model that includes governance, processes, policies, and
                                                                         tools and methodologies. Risk management is supported
                                                                         by adequate Information Technology, adequate quality and
                                                                         quantity of HR, and strengthening risk awareness through
                                                                         internalization of risk culture. A strong risk culture is
                                                                         needed so that BNI management and employees have the
                                                                         same values and perceptions of risk. In order to maintain
                                                                         and improve risk culture, BNI requires BNI management
                                                                         and employees, among others, to work based on the
                                                                         principle of prudence, and to uphold Bank and job secrets.
                                                                         In addition, to improve risk culture and awareness, several
                                                                         efforts have been made, including socialization, training,
                                                                         and mentoring of Subsidiaries and Overseas Offices (KLN)
                                                                         in implementing risk management.
    2.    BNI needs to always maintain the reliability and level         BNI continues to strengthen cybersecurity by making
          of security of data, networks, systems and information         various efforts to realize its commitment to protecting
          technology used so that it is free from the risk of hacking    customer data and maintaining the sustainability of IT
          and misuse by unauthorized parties.                            operations to remain safe. Some of the strengthening
                                                                         efforts carried out by BNI include:
                                                                         - Developing the CISO function
                                                                         - Implementing governance, regulation and compliance
                                                                         - Implementing information security architecture for
                                                                            assets, data, applications, endpoints, networks and
                                                                            security parameters
                                                                         - Conducting information security audits with ISO
                                                                            27001:2013 Certification




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 No.                       Recommendations                                                   Follow-up
Governance Outcome Aspects
 1.    BNI needs to progressively handle all legal cases currently   BNI consistently strives to minimize legal risk by having
       being faced and strive for optimal risk mitigation for all    a system and mechanism for handling and resolving
       lawsuits, as well as prevent the Company’s legal cases from   legal problems faced by the Company and mitigating the
       recurring.                                                    risk of lawsuits, including providing legal review on the
                                                                     credit proposal process decided by the Credit Committee,
                                                                     optimizing the function of the legal work unit at the Head
                                                                     Office and Regional Offices, and legal risk awareness
                                                                     through webinars or sharing sessions.
 2.    BNI needs to improve the handling of complaints received BNI is always committed to paying attention to consumer
       from various sources to increase the trust of the Company’s and stakeholder protection by providing the best service
       stakeholders.                                               and product delivery according to customer needs and
                                                                   as a form of compliance with regulators. As a concrete
                                                                   manifestation of customer protection commitment, BNI
                                                                   has a consumer protection policy and formed a Consumer
                                                                   Protection Department under the Customer Experience
                                                                   Center Division. In order to implement Law No. 27 of 2022
                                                                   concerning Personal Data Protection, BNI has formed a
                                                                   Personal Data Protection Officer (DPO) who is responsible
                                                                   for monitoring and ensuring compliance with Personal
                                                                   Data Protection.


ii. ASEAN Corporate Governance Scorecard (ACGS)                        B. Assessment Criteria
    For the past few years, BNI has conducted                             The latest ACGS assessment criteria for
    external assessments of Good Governance                               March 2024 consist of criteria aspects that
    practices based on the ASEAN Corporate                                include (i) Rights and Equitable Treatment of
    Governance Scorecard (ACGS) criteria that adopt                       Shareholders, (ii) Sustainability Resilience,
    the principles of Corporate Governance from                           (iii) Disclosure and Transparency, and (iv)
    The Organisation for Economic Cooperation                             Responsibilities of the Board.
    and Development (OECD). In order to enhance
    governance standards and practices, particularly                   C. Parties Conducting the Assessment
    for ASEAN public firms, ACGS is a member of                           The assessment is conducted by ACMF
    the ASEAN Corporate Governance Initiative,                            through the Domestic Ranking Body (DRB)
    which was started by the ASEAN Capital Markets                        appointed by the regulator of each country
    Forum (ACMF) and is also backed by the Asian                          as a representative in each participating
    Development Bank (ADB). In order to make it                           country. The DRB conducts assessments on
    easier to identify ASEAN enterprises with sound                       a national scale, to be further peer reviewed
    governance, one of the ACMF's top aims is to                          by the DRBs of other ASEAN member
    draw in foreign investors.                                            countries. Since 2016, OJK has appointed
                                                                          PT RSM Indonesia Konsultan (RSM) as the
   A. Assessment Procedure                                                DRB to conduct assessments in Indonesia. In
      The ACGS assessment procedure is carried                            addition, the ACGS assessment in Indonesia
      out through a review of English-language                            is also conducted by the Indonesian Institute
      documents and information provided by the                           for Corporate Directorship (IICD).
      Bank to the public, including information
      contained in the Annual Report, website,                         D. Assessment Results
      announcements and circulars made by listed                          In 2024, BNI received the ACGS assessment
      companies.                                                          results from IICD, with a score of 115.56
                                                                          and received the predicate "Leadership in
                                                                          Corporate Governance" or Level 5. Based on
                                                                          this score, BNI's business practices as a whole
                                                                          have adopted international standards.




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    No.                          Assessment Components                                            Fiscal Year 2024
     1.   Shareholder Rights and Equal Treatment                                                       18.00
    2.    Sustainability and Resilience                                                                 14.32
    3.    Disclosure and Transparency                                                                   23.53
    4.    Board of Commissioners and Board of Directors Responsibilities                                38.71
    5.    Bonus                                                                                            23
    6.    Penalty                                                                                         (2)
          Total Score                                                              115.56 (Leadership in Corporate Governance)


  5) IMPROVING THE QUALITY OF GCG                                         Awareness
     IMPLEMENTATION AND BENCHMARKING                                      A. GCG Socialization
                                                                             Socialization related to the implementation of
      Strategic Initiatives to Strengthen GCG                                GCG is an important part that cannot be left out
      Implementation                                                         because it plays a major role in determining
      BNI continuously exhibits diligence and attempts                       the    success     of   implementing      good
      to raise the standard of internalisation of GCG                        governance in an organization. Therefore,
      principles. To promote GCG implementation                              BNI has included a planned and structured
      practices inside the Bank, BNI has developed                           agenda for socializing the implementation
      a roadmap that serves as a reference for the                           of GCG in trainings provided to all BNI
      strategic plan it has developed to achieve the                         employees. The socialization activities include
      best GCG standards. BNI's concrete steps in                            the presentation of materials on the definition,
      improving the quality of GCG implementation in                         principles, implementation and efforts to
      a sustainable manner are realized in the following                     improve GCG. With this socialization, it is
      ways:                                                                  hoped that BNI Hi-Movers will have the
      a) Review of guidelines/policies related to                            determination and shared commitment to
         Corporate Governance, to be adjusted to                             realizing the implementation of GCG in BNI.
         external provisions and current best practices,
         including the Good Corporate Governance                          B. New Employee Induction Program
         (GCG) Policy, Dividend Policy, Board of                             ADP, BINA BNI, Officer Development
         Directors Charter, Board of Commissioners                           Program (ODP), Standard Credit Analyst,
         Charter, Board of Commissioners Committee                           and Consumer RM are among the training
         Charter (Audit Committee, Risk Monitoring                           programs that BNI consistently offers to
         Committee, Nomination & Remuneration                                newly hired staff members. In order for each
         Committee, and Integrated Governance                                employee to hopefully learn, develop, and
         Committee), as well as the Internal Audit                           grow with the Bank, it is necessary to make
         Charter;                                                            sure that their vision, mission, and leadership
      b) Improving the quality of GCG implementation                         qualities align with BNI. In order to prepare
         through the improvement of the Compliance                           the greatest talent for the future, BNI offers
         Index including its calculation method, the                         new hires comprehensive training resources,
         Gratification Control Program and Anti-                             particularly with regard to the values and
         Bribery Management System (SMAP) and                                application of GCG principles and Corporate
         the implementation of the Governance, Risk                          Values, which can be helpful in each
         and Compliance (GRC) Forum in all Units,                            employee’s career path at BNI.
         monitoring Key Performance Indicators
         (KPI) and Know Your Employee (KYE), and
         the implementation of boom and booster in
         operational and business assessments; and
      c) BNI's participation in GCG assessments by
         independent external parties as a means of
         strengthening GCG implementation in BNI,
         including IICG and ACGS.




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 C. Internalization                                                 their proportions to stakeholders and the
    To ensure that every BNI employee always                        public. BNI implements GCG externalization
    acts in accordance with the code of ethics                      to stakeholders and the wider community
    and corporate cultural values, BNI has an                       through various means, namely as follows:
    internalization program that includes learning
    related to the implementation of Corporate                      1) GMS
    Governance principles at BNI by optimizing                         GMS functions as a formal communication
    various existing tools to facilitate the adoption                  channel between stakeholders and the
    process of values that can later be applied in                     Bank, as well as implementation of GCG
    daily work. Some of the tools used include:                        principles, given that the GMS also outlines
    1) Reading of Beliefs and BNI Code of Ethics                       the duties of the Bank’s management from
       on every quality day in each unit and at                        a number of aspects. The GMS Section of
       morning briefings;                                              the Corporate Governance Chapter of this
    2) Self-education method through e-learning                        Annual Report provides a more thorough
       GCG and DEEP 46 (Daily Exercise Employee                        explanation of the GMS.
       Program) through BNI Smarter and DigiHC
       which provide easy GCG learning for BNI                      2) Disclosure and Transparency
       Hi-Movers;                                                      In order to uphold the principle of
    3) Webinars with speakers involving internal                       transparency, BNI opens the widest possible
       and external professionals, including:                          access to information to stakeholders
       a. Personal Data Protection;                                    and the public through various external
       b. Governance, Risk and Compliance;                             communication media, including through
       c. Anti Fraud Awareness                                         the publication of the Annual Report, the
    4) Distribution and installation of posters                        BNI website, mass media, the Electronic
       and e-leaflets on gratification control and                     Reporting System portal for IDX Issuers,
       GCG enforcement in each unit, BNI Forum,                        and notification to regulators via hardcopy
       website;                                                        or electronic reporting media. For BNI,
    5) Ease of access to the Code of Ethics and                        the implementation of the principle of
       Corporate Culture through the BNI website                       information disclosure is one of the
       which can be accessed anytime and                               mandates that must be carried out
       anywhere;                                                       considering the Bank’s status as a public
    6) Anti-Gratification       and        Anti-Fraud                  company and issuer. However, in its
       Commitments delivered by the Board of                           implementation, BNI also pays attention
       Directors through video media;                                  to the principle of company confidentiality
    7) Learning modules in various formats                             and continues to adhere to applicable
       such as e-books, podcasts, bite-size video                      capital market provisions.
       learning, and gamification; and
    8) Implementation of the Compliance                             3) Equal Treatment
       Forum with the theme "Realizing an Anti-                        All Shareholders including Minority
       Corruption Culture through Instilling                           Shareholders and Foreign Shareholders
       Integrity Values" attended by the Board of                      are given equal treatment and opportunity
       Directors, Board of Commissioners, SEVP,                        to obtain information about the Bank.
       Subsidiaries and all employees.
                                                                          BNI protects the rights of Shareholders
 D. Externalization                                                       as referred to in the Capital Market
    In an attempt to modify its implementation                            provisions. The rights of stakeholders
    in line with emerging best practices relevant                         must be recognized in accordance with
    to the banking and financial services sector,                         applicable laws and regulations, and
    BNI externalises GCG. GCG externalization                             active cooperation between the Bank
    is closely related to the principles of                               and stakeholders must be developed in
    transparency and fairness, where the                                  a joint effort to create wealth, jobs, and
    principle of openness pays attention to the                           sustainability of the Bank.
    provisions of Bank secrecy, job secrecy and
    provides equal opportunities according to




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              The Bank provides information accurately                             to disseminate anti-fraud commitments,
              and in a timely manner to support the                                WBS, and GCG awareness, including an
              decision-making process of shareholders.                             appeal not to give gifts/presents in any
              As a public company, BNI actively provides                           form that can be categorized as gratuities/
              information disclosure regarding all                                 bribes but not limited to religious holidays.
              material aspects of the Bank, including the
              Bank’s financial situation, performance,                    E. BNI GCG Roadmap
              corporate     actions,   ownership     and                     The Board of Commissioners, Directors and all
              governance. The        2024     Information                    BNI employees continue to strive to improve
              Disclosure List has been disclosed in                          the quality of GCG implementation and make
              the Corporate Secretary’s discussion. To                       GCG principles part of the company’s culture.
              support the enforcement of the principle                       The commitment to implementing GCG is
              of equality, the Bank also involves the                        further formulated into the Bank’s Vision and
              wider community by providing equal                             Mission, Code of Ethics, Integrity Pact, Work
              opportunities to obtain information and                        Guidelines and Rules, Implementation of Risk
              submit criticism/suggestions to the Bank                       Management, Anti-Gratification, Anti-Bribery
              through the BNI website and the BNI Call                       Management System and implementation of
              1500046 service.                                               the Social and Environmental Responsibility
                                                                             program. In addition, BNI also realizes the
          4) Realizing a Positive Bank Image                                 implementation of sustainable GCG through
             BNI believes that the implementation of                         the preparation of the Sustainable Finance
             consistent and sustainable GCG practices                        Action Plan (RAKB) in business operations by
             at all levels of the organization and                           considering aspects of sustainable finance,
             business aspects contributes positively to                      risk, environment, social, and governance.
             increasing the Bank’s stock value and can                       As a good corporate citizen, BNI also ensures
             also improve the company’s image in the                         that the implementation of daily banking
             eyes of the public in the long term. The                        business operations always complies with
             massive development of the digital era                          applicable regulations in Indonesia and plays
             over the past few years has encouraged                          an active role in supporting the Sustainable
             BNI to continue to adapt in implementing                        Finance Roadmap designed by the OJK, and
             GCG practices by utilizing various existing                     the Sustainable Development Goals (TPB) in
             tools to improve the Bank’s positive                            Indonesia.
             image, for example through print media
             (newspapers,      tabloids,    magazines),
             electronic media (radio and television) and
             cyber media (websites, Twitter, Instagram,
             email, news portals, blogs and other social
             media). BNI optimizes the role of the media




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General Meeting
of Shareholders

The General Meeting of Shareholders (GMS) is the                SHAREHOLDERS
highest organ in the Bank’s Governance structure,
holding all authority that cannot be delegated to the           The Articles of Association of BNI define
Board of Commissioners and the Board of Directors,              “Shareholders” as holders of Series A Dwiwarna
as stipulated in applicable laws and/or the Bank’s              shares, Series B shares, and Series C shares, unless
Articles of Association.The GMS serves as a platform            explicitly stated otherwise. Therefore, BNI’s shares
for shareholders to exercise their rights to express            consist of:
opinions, cast votes, and obtain information related            1. Series A Dwiwarna shares, which can only be
to the Bank, as long as it pertains to the meeting                 owned by the Republic of Indonesia; and
agenda and does not conflict with the interests of              2. Series B and Series C shares, which are ordinary
the company, while also adhering to the company’s                  shares that can be owned by the Republic of
Articles of Association and applicable regulations. All            Indonesia and the public.
decisions made in the GMS are based on the Bank’s
interests and are carried out fairly and transparently.         Information on the Ultimate Shareholder
                                                                and BNI’s Beneficial Owner [ACGS C.1.1]
The implementation of the BNI GMS is carried out                BNI is a state-owned enterprise (SOE) bank, so the
with reference to provisions including:                         party acting as the main shareholder, controller,
1. Law No. 19 of 2003 concerning State-owned                    and beneficial owner of the Bank is the Republic of
   enterprises;                                                 Indonesia, with a shareholding portion of 60%.
2. Law No. 40 of 2007 concerning Limited Liability
   Companies as amended by Law No. 6 of 2023
   concerning the Stipulation of Government
   Regulation in Lieu of Law Number 2 of 2022                                                                 40%

   concerning Job Creation into Law;                                              60%

3. OJK Regulation No. 15/POJK.04/2020 concerning
   Planning and Implementing General Meeting of
   Shareholders in Public Companies;
4. OJK Regulation No. 16/POJK.04/2020 concerning
   Electronic Implementation of the General
   Meeting of Shareholders in Public Companies;
5. PT Kustodian Sentral Efek Indonesia Board of
                                                                        Public            Government of the Rupublic of Indonesia
   Directors Decree No. KEP-0016/DIR/KSEI/0420
   of 2020 concerning Implementation of the KSEI
   electronic General Meeting System (eASY.KSEI)
   Facility as an Electronic Authorization Mechanism            Information on Shareholding of More Than
   in the Process of Organizing a GMS for Securities            5% Shares
   Issuers who are Public Companies and whose                   The ownership of BNI shares that reaches 5% or
   shares are kept in KSEI Collective Custody; and              more of the fully issued and paid-up shares is held
6. Company’s Articles of Association.                           by the Republic of Indonesia, which in this case
                                                                is represented by the Ministry of State-Owned
                                                                Enterprises, amounting to 60.000% or a total of
                                                                22,378,387,750 (twenty-two billion three hundred
                                                                seventy-eight million three hundred eighty-seven
                                                                thousand seven hundred fifty) shares.

                                                                General Shareholder Rights
                                                                The Bank ensures that the rights of shareholders
                                                                are always protected, with the aim of increasing
                                                                participation and the role of shareholders or investors
                                                                in the implementation of the Bank's communication


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  program as a public company. In general, the rights                 and referring to the provisions of BNI's Articles
  of BNI shareholders are as follows:                                 of Association, the holder of Series A Dwiwarna
  1. Requesting the convening of a GMS.                               shares, in this case, the Republic of Indonesia, has
  2. Proposing agenda items for the GMS.                              privileges that are not held by other shareholders,
  3. Granting a proxy to attend and vote at the GMS.                  including: [ACGS A.2.2, A.5.1]
  4. Attending and casting votes in the GMS                           1. The right to agree at the GMS on the following
      electronically. [ACGS (B) A.1.1]                                   matters:
  5. Having 1 (one) vote for each 1 (one) share.                         a. Approval for amendments to the Articles of
  6. The right to express opinions and vote in the                           Association;
      GMS based on one share.                                            b. Approval for changes in Capital;
  7. Receiving information related to the agenda                         c. Approval for the appointment and dismissal
      items and proposed resolutions of the GMS.                             of members of the Board of Directors and
  8. Receiving an explanation of the voting procedures                       Board of Commissioners; [ACGS A.2.2]
      before the GMS begins.                                             d. Approval for mergers, consolidations,
  9. Asking questions on any agenda discussion and                           acquisition, splits and dissolutions;
      on any resolutions made during the GMS.                            e. Approval for remuneration for members
  10. Consulting on issues concerning the fundamental                        of the Board of Directors and Board of
      rights of shareholders, as long as it supports                         Commissioners; [ACGS A.2.1]
      the sustainable growth of the Company and                          f. Approval for the transfer of assets based
      enhances its value in the medium to long term,                         on the Articles of Association, requiring the
      especially for institutional shareholders.                             approval of the GMS;
  11. Receiving a portion of the Company's profits.                      g. Approval for participation and reduction
  12. Receiving material new information/facts,                              in the percentage of equity participation in
      including those available to financial analysts                        other companies based on the Articles of
      and other similar parties, within the time frame                       Association, requiring the approval of the
      as stipulated by capital market regulations.                           GMS;
  13. Receiving information regarding the privileges                     h. Approval for the use of profits;
      attached to the Company’s share series.                            i. Approval for non-operational investment and
  14. Shareholders who do not agree on Mergers,                              long-term financing based on the Articles of
      Amalgamations, Acquisitions, or Separations                            Association, requiring the approval of the
      reserve the right to request the Company to buy                        GMS;
      their shares at their fair prices. The highest share            2. The right to propose Candidates for Members
      buyback price shall be the average of the share’s                  of the Board of Directors and Candidates for
      daily closing prices on the Stock Exchange for the                 Members of the Board of Commissioners;
      last 90 (ninety) days before the share buyback date             3. The right to propose GMS agenda;
      as stipulated in Law No. 40 of 2007 concerning                  4. The right to request and access company data
      Limited Liability Companies, Regulation of the                     and documents in which the mechanism to use
      Financial Services Authority of the Republic of                    such rights is in accordance with the provisions
      Indonesia Number 41/POJK.03/2019 concerning                        in the Article of Association and regulations.
      Mergers,        Amalgamations,         Acquisitions,
      Integration, and Conversions of Commercial                      Except for the above-mentioned privileges, holders
      Banks, and Regulation of the Financial Services                 of Series B and Series C shares have the same rights,
      Authority of the Republic of Indonesia Number                   while still observing the provisions of Article 25 of
      29 of 2023 concerning Share Buybacks issued by                  the Company’s Articles of Association regarding
      Public Companies.                                               Quorum, Voting Rights, and Decisions in the GMS.
                                                                      By adhering to the rights of BNI shareholders in
  Privileges Attached to Shares                                       accordance with applicable regulations, the Bank
  Holders of Series A Dwiwarna shares, Series B                       ensures that it has never failed or neglected to
  shares, and Series C shares have equal rights, with                 provide fair and equal treatment to all shareholders,
  each share granting 1 (one) vote, unless otherwise                  particularly concerning the repurchase of BNI shares.
  specified in the Articles of Association. However,
  in accordance with the regulations in Indonesia                     Fair Treatment of Shareholders
                                                                      BNI applies the principle of equality and ensures fair
                                                                      treatment for all shareholders. To that end, BNI:
                                                                      1. Ensures that all shareholders of the same series
                                                                         are treated equally, through:




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   a. Transparency of shareholders’ rights to                   Furthermore, in order to foster intensive, systematic,
      receive a share of profits through the                    and planned relationships with Shareholders, BNI
      disclosure of the dividend payout ratio                   also has an internal company policy governed by
      target, as disclosed in this Annual Report in             the Corporate Guidelines No. IN/794/KMP/001 dated
      the Management Discussion and Analysis                    December 23, 2014.
      chapter on the Company’s Performance, page
      373. [ACGS A.1.1]                                         Akses Informasi Kepada Pemegang Saham
   b. Disclosure of information regarding the rights            [ACGS A.4.1]
      attached to all series of shares.This is included         BNI’s commitment to maintaining the quality of
      in the Company’s Articles of Association,                 transparency and accountability to Shareholders
      which are published on the Company’s                      is demonstrated by providing information in a
      website.                                                  timely, adequate, clear, accurate, and comparable
   c. In the case of an agenda item in the GMS                  manner, and ensuring that it is easily accessible to
      regarding changes to rights on shares of a                stakeholders in accordance with their rights. This
      certain series, higher quorum requirements                enables Shareholders to exercise their rights and
      for attendance and decisions are applied, and             responsibilities. The types of information provided
      approval must be obtained from shareholders               by BNI include:
      of the negatively impacted series.
   d. Disclosure of the ultimate beneficial owners,             Access to Information for Shareholders
      as disclosed in this Annual Report in the                    Media                         Description
      Corporate Governance chapter under the                     GMS           Media for delivering reports and information to
      General Meeting of Shareholders section,                                 enable shareholders to participate in decision
      page 642.                                                                making
   e. Disclosure of the provision that each                      Website       BNI : www.bni.co.id
      shareholder has 1 (one) vote, as stated in the                           IDX : www.idx.co.id (ticker code: BBNI)
      Company’s Articles of Association, which can                             KSEI : www.ksei.co.id
      be accessed on the Company’s website.                      Print         Print media through national and international
                                                                 Media         news/newspapers, magazines, etc. to convey
2. Ensures that related party transactions are
                                                                               the latest information about the Company.
   approved and executed after managing
                                                                 Electronic    Electronic media through national and
   potential conflicts of interest and protecting the
                                                                 Media         international news TV, radio, news portals,
   interests of the Company and its shareholders,                              etc. to convey the latest information about the
   as disclosed in this Annual Report in the                                   Company.
   Management Discussion and Analysis chapter on                 Social
                                                                                   @bni
   the Company’s Performance, discussing Material                Media
   Transactions Containing Conflicts of Interest and/                              BNI
   or Transactions with Affiliates/Related Parties,
                                                                                   BNI - Bank Negara Indonesia
   page 387.
3. The Company has a policy to prevent insider                                     @bni46
   trading, as disclosed in the 2024 Annual Report                                 @BNI46

Policy on Shareholder Relations
The Bank consistently implements good governance                PROVISIONS ON THE CONVENING OF THE
principles, particularly in upholding transparency. In          GMS AT BNI
achieving good transparency, BNI is committed to
providing clear, reliable, and timely information to all        Time and Place of GMS Convening
parties, including minority and foreign shareholders.           In accordance with the Articles of Association, BNI
This information may include the presentation of                holds two types of GMS: the Annual GMS and
both financial and non-financial performance of                 other GMS (Extraordinary GMS). As a state-owned
the Bank. In this regard, the Corporate Secretary               enterprise (SOE) with public company status, BNI
plays an active role in carrying out the Bank’s                 is required to hold the Annual GMS no later than
information disclosure activities to shareholders in            6 (six) months after the end of the fiscal year, or in
accordance with the provisions of Article 5 of OJK              accordance with the provisions set by the OJK under
Regulation No. 35/POJK.04/2014 concerning the                   certain circumstances. In addition, BNI may convene
Corporate Secretary of Issuers or Public Companies.             other GMS at any time as needed for the interests of
                                                                the Bank.




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  According to OJK regulations, the GMS of BNI, as a                   3. Provide shareholders with the opportunity to
  public company, must be held within the territory of                    propose meeting agenda items in writing to
  the Republic of Indonesia and must be conducted in:                     the Company. The shareholder(s) proposing the
  1. The domicile of BNI;                                                 agenda must be 1 (one) shareholder or more,
  2. The place where BNI conducts its main business                       representing 1/20 (one-twentieth) or more of the
     activities;                                                          total shares with voting rights. Agenda proposals
  3. The capital city of the province where BNI’s                         must be submitted to the Company no later than
     domicile or main business activities are located;                    7 (seven) days before the GMS notice date; [ACGS
     or                                                                   A.2.15]
  4. The province where the stock exchange listing                     4. Issue the GMS notice to shareholders no later
     BNI’s shares is located.                                             than 21 (twenty-one) days before the date of the
                                                                          GMS, excluding the date of the notice and the
  Procedures for Convening the GMS                                        date of the GMS. The notice must include the
  Based on (1) OJK Regulation No. 15/POJK.04/2020                         reasons and/or explanations for each agenda
  concerning the Plan and Organization of General                         item requiring GMS approval; and [ACGS A.2.13,
  Meetings of Shareholders of Public Companies; (2)                       A.2.14, (B)A.2.1]
  OJK Regulation No. 16/POJK.04/2020 concerning                        5. Disclose detailed profiles of the members
  the Electronic Implementation of General Meetings                       of the Board of Directors and the Board of
  of Shareholders of Public Companies; and (3) Article                    Commissioners, which must at least include
  23 paragraph (5) letter d and Article 23 paragraph                      information      about    their   age,    academic
  (7) letter c of the Bank’s Articles of Association, the                 qualifications, first appointment date, experience,
  organization of the Annual GMS and Extraordinary                        and positions in other public companies, in the
  GMS of BNI must comply with the following                               nomination/re-election process. [ACGS A.6.3]
  procedural requirements:
  1. Notify OJK of the meeting agenda no later than                    Furthermore, the announcement and notice of the
      5 (five) working days before the announcement                    GMS to shareholders must at least be carried out
      of the GMS, excluding the date of the GMS                        through: [ACGS (B) A.1]
      announcement;                                                    1. The e-GMS service provider’s website;
  2. Announce the GMS to shareholders no later than                    2. The Stock Exchange website; and
      14 (fourteen) days before the GMS call, excluding                3. BNI’s website, in both Indonesian and a foreign
      the date of the announcement and the date of the                    language, with the foreign language used at least
      call;                                                               being English. [ACGS A.6.2]


  Throughout 2024, BNI held 1 (one) GMS, and its implementation has met the procedures for Notification,
  Announcement, and GMS Notice, with the following details:
                 Notification to             Announcement                            Invitation [ACGS (B) A.1.1, (B) A.2.1]
      GMS
                      OJK              Submission       Through       Submission                             Through
   Annual        Notification of      Through BNI    • Website of     Through BNI     • Website of IDX;
   GMS           Annual GMS to          Letter No.     IDX;            Letter No.     • Wesite of BNI; and
                  OJK through          CSE/7/0575    • Website of      CSE/7/1005     • Website of KSEI.
                 Letter Number         on January      BNI; and       on February
                CSE/7/0380 dated         23, 2024    • Situs web         7, 2024      On the date of the shareholder summons,
                January 16, 2024                       KSEI.                          BNI also provides information on the profile
                                                                                      of the Board of Directors and Board of
                                                                                      Commissioners who will be appointed or
                                                                                      reappointed at the GMS and explains the time
                                                                                      and place of implementation and the agenda
                                                                                      of the GMS.


  The procedure for convening the GMS implemented by BNI as a state-owned bank in Indonesia refers to
  the provisions of Article 38 paragraph (7) of the Minister of State-Owned Enterprises Regulation No. PER-3/
  MBU/03/2023 on the Governance and Human Resources of State-Owned Enterprises, which stipulates that
  a public SOE must submit the curriculum vitae (CV) of the proposed candidates for members of the Board
  of Commissioners and/or the Board of Directors to be appointed in the GMS. This information must be
  available and announced at the time of the GMS before any decision is made regarding the appointment
  of such candidates as members of the Board of Commissioners and/or the Board of Directors of the Bank.

  Information related to the stages of BNI’s GMS implementation can be accessed via the website: https://
  www.bni.co.id/id-id/perseroan/tata-kelola/rups. [ACGS A.6.5]


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Agenda Materials for the GMS                                    5. In accordance with the provisions of the GMS
BNI provides an opportunity for shareholders or                    Code of Conduct as outlined in the Company’s
their proxies to submit questions and/or comments.                 Articles of Association, during the opening of
All questions and/or comments submitted are then                   the GMS, the meeting chairperson provides an
recorded in the GMS minutes and published on                       explanation to shareholders regarding:
BNI’s website. Below is a description of the Agenda                a. A brief overview of the Company’s general
Materials for the GMS: [ACGS A.2.5]                                   condition;
1. The Agenda Materials for the GMS are documents                  b. The agenda items of the GMS;
    containing the agenda items, accompanied by                    c. The decision-making mechanisms related to
    the legal basis and relevant explanations for each                the agenda items; and
    agenda item;                                                   d. The procedures for shareholders to exercise
2. The Company is required to provide the agenda                      their rights to submit questions and/or
    materials for the meeting to shareholders, which                  opinions.
    can be accessed and downloaded through the
    Company’s website and/or e-GMS. These agenda                Attendance of Shareholders and Other
    materials must be available from the date the               Parties in the GMS
    GMS notice is issued until the GMS is held;                 Referring to the provisions of Article 23 paragraph
3. In the case of agenda items involving changes                (1) of OJK Regulation No. 15/2020 concerning
    to the Company’s management, the curriculum                 the Plan and Organization of General Meetings of
    vitae of the proposed candidates for members                Shareholders of Public Companies, shareholders,
    of the Board of Commissioners and the Board of              either in person or represented by proxy, have the
    Directors of the Public SOE, to be appointed in             right to attend the GMS. Shareholders entitled to
    the GMS, must be available and announced at                 attend the GMS are those whose names are listed
    the time of the GMS, before any decision is made            in the shareholder registry of the public company
    regarding their appointment.This is in accordance           1 (one) business day before the notice of the GMS.
    with the Minister of State-Owned Enterprises
    Regulation No. PER-3/MBU/03/2023 concerning                 Granting of Power of Attorney, Electronic
    the Governance and Human Resources of State-                Power of Attorney, and Opportunity to
    Owned Enterprises; and                                      Submit Questions and/or Responses
4. During the GMS, shareholders are entitled to                 In accordance with OJK Regulation No. 15/2020,
    receive information regarding the meeting                   shareholders, whether in person or represented by
    agenda and the related materials as long as they            a proxy, have the right to attend the GMS. During
    do not conflict with the interests of the Company.          the voting process in the GMS, the voting rights
    The GMS held by BNI throughout 2024 has                     exercised by the shareholder apply to all the shares
    followed all the necessary procedures, including            they own, and shareholders are not allowed to
    Notification, Announcement, and Notice of the               grant a power of attorney to more than one proxy
    GMS.                                                        for a portion of their shares with different votes. If
                                                                a shareholder is unable to attend physically, they
GMS Code of Conduct                                             can still participate in the GMS electronically via
1. The GMS Code of Conduct is implemented                       eASY.KSEI. The electronic voting method, both
   based on OJK Regulation No. 15/POJK.04/2020                  for the Annual GMS and the Extraordinary GMS,
   concerning the Plan and Organization of General              is conducted securely and in real-time on an in-
   Meetings of Shareholders of Public Companies;                absentia basis. [ACGS (B).A.1.1]
2. The GMS Code of Conduct is distributed to
   shareholders or their proxies during registration;           In the implementation of the General Meeting of
3. The Code of Conduct governs, among other                     Shareholders (RUPS), shareholders have the right
   things, the participants entitled to attend the              to ask questions and/or provide responses, subject
   GMS, the meeting chairperson, the language                   to the following provisions: [ACGS A.2.5]
   used during the GMS, the quorum for the                      1. Only shareholders or their proxies who have
   meeting and decision-making, the question-and-                   registered for the RUPS are entitled to ask
   answer and response mechanisms, the decision-                    questions and/or provide responses during the
   making process, and the voting procedures;                       meeting;
4. The key points of the GMS Code of Conduct are                2. The question and/or response forms will be
   read out before the GMS begins; [ACGS A.2.4] and                 provided to the shareholders or their proxies
                                                                    during the RUPS registration;




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  3. After the Chairperson of the RUPS or the person                  5. The Company provides services to shareholders
     designated by the Chairperson of the RUPS                           who need information and/or wish to ask
     presents proposals regarding matters to be                          questions related to the RUPS plan and/or the
     decided at the RUPS, the Chairperson of the                         agenda items of the RUPS, either through direct
     RUPS will give shareholders or their proxies                        meetings or correspondence via e-mail.
     the opportunity to ask questions and/or provide
     responses before a vote is held on the matter in                 Quorum Requirements for Attendance
     question; and                                                    and Decisions at the General Meeting of
  4. For Shareholders or their proxies who wish to                    Shareholders (RUPS)
     ask questions and/or provide responses, the                      A. Quorum for Attendance [ACGS E.3.4]
     Chairperson of the RUPS invites shareholders/                        The RUPS may be held if attended by shareholders
     proxies to submit their questions and/or                             representing more than 1/2 (one-half) of the total
     responses in writing, stating their name and the                     number of shares with valid voting rights, unless
     number of shares owned or represented. The                           otherwise specified by Law and/or the Articles
     questions and/or responses must directly relate                      of Association. As outlined in BNI’s Articles of
     to the agenda item being discussed at the RUPS.                      Association, the RUPS to make changes to the
                                                                          composition of the Board of Directors and the
  The bank provides equal opportunity for all                             Board of Commissioners must be attended by
  shareholders or their proxies to ask questions                          the Series A Dwiwarna shareholders and other
  and/or provide responses during the RUPS. The                           shareholders and/or their valid representatives,
  questions and/or responses submitted are recorded                       together representing at least 1/2 (one-half) of the
  in the Minutes of the RUPS and published on the                         total number of shares with valid voting rights.
  BNI website. [ACGS A.2.5]                                               Meanwhile, the RUPS held to amend the Articles
                                                                          of Association must be attended by the Series A
  Bank’s Efforts to Increase Shareholder                                  Dwiwarna shareholders and other shareholders
  Attendance at the General Meeting of                                    and/or their valid representatives, together
  Shareholders (RUPS) [ACGS A.4.1]                                        representing at least 2/3 (two-thirds) of the total
  The Bank continuously facilitates shareholders                          number of shares with valid voting rights.
  in exercising their rights and authority to make
  decisions in the RUPS forum. To achieve this, BNI                   B. Decisions of the General                      Meeting       of
  has implemented a series of efforts, including:                        Shareholders (RUPS)
  1. The Bank provides an electronic proxy alternative                    Decisions in the RUPS are made based on
     for shareholders to attend and vote in the RUPS.                     deliberation to reach a consensus. In practice,
     The electronic proxy is carried out through the                      each resolution taken in the RUPS addresses
     e-RUPS system provided by KSEI. Shareholders                         only one issue and no multiple issues are
     can specify their voting preferences for each                        combined into a single resolution. If a consensus
     agenda item in the electronic proxy.                                 is not reached through deliberation, the decision
  2. The Bank issues timely Announcements and                             is made by a vote. Decision-making by vote
     Notices of the RUPS in both Indonesian and                           must be conducted with regard to the quorum
     English, which are published on the e-RUPS                           requirements for both attendance and decision-
     provider’s website, the company’s website, and                       making at the RUPS. The quorum for decision-
     the Indonesia Stock Exchange (IDX) website;                          making at the RUPS requires that the decision
  3. In the Announcement and Notice of the RUPS,                          must be approved by more than 1/2 (one-half) of
     the Bank clearly outlines which shareholders are                     the total shares present with valid voting rights.
     authorized to attend/represent and vote in the                       [ACGS A.6.1, E.3.4]
     RUPS, namely shareholders whose names are
     listed in the Company’s Shareholder Register                         The RUPS to amend the Articles of Association of
     or shareholders with securities accounts at                          the Bank must receive approval from the Series A
     PT Kustodian Sentral Efek Indonesia on the date                      Dwiwarna shareholders and other shareholders
     of the notice;                                                       and/or their valid representatives, who together
  4. On the website, the Bank provides contact details                    represent more than 2/3 (two-thirds) of the total
     that shareholders can use to communicate                             shares with valid voting rights present at the
     regarding the RUPS; and                                              meeting. Similarly, the RUPS held to approve
                                                                          changes to the composition of the Board of
                                                                          Directors and the Board of Commissioners




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    must be approved by the Series A Dwiwarna                          profession. The Notary’s role is to examine
    shareholders and other shareholders and/or their                   the validity of supporting documents, and the
    valid representatives, who together represent                      formality requirements for the GMS, to ensure
    more than 1/2 (one-half) of the total shares with                  they do not conflict with the laws and regulations
    valid voting rights present at the meeting. [ACGS                  and articles of association.
    E.3.4]
    In accordance with POJK No. 15/POJK.04/2020                    2. Share Register Bureau
    of 2020 regarding the Plan and Implementation                     The Share Register Bureau is a party contracted
    of General Meetings of Shareholders of Public                     with the company/issuer to record the securities
    Companies and POJK No. 16/POJK.04/2020 of                         ownership and distribution of rights related to
    2020 regarding the Electronic Implementation                      securities. The Share Register Bureau assists the
    of General Meetings of Shareholders of Public                     company/issuer in concerning the GMS, by:
    Companies, the RUPS held by BNI in 2024 has                       a. Preparing proxies from minority shareholders;
    followed all the necessary procedures, including                  b. Publishing Written Confirmation for Meetings
    Notifications, Announcements, and Invitations                        (KTUR);
    to the RUPS, and the decisions of the RUPS will                   c. Validating shareholders who are entitled to
    be announced to the public on the next business                      attend the GMS and registering them;
    day.                                                              d. Calculating    shareholders    presence     in
                                                                         connection with the GMS quorum;
Implementation of the One-Share-One-Vote                              e. Providing voting cards for shareholders;
Principle                                                             f. Helping the Notary in calculating votes using
BNI adopts the One Share One Vote principle in the                       a barcode scanner.
decision-making process and voting during the 2024
Annual General Meeting of Shareholders (RUPS),                     Implementation of the 2024 Annual General
which will be held on March 4, 2024. As permitted                  Meeting of Shareholders (RUPST)
in the Annual RUPS Rules of Procedure, the Bank                    Throughout 2024, BNI has held 1 (one) RUPS, which
allows for in-absentia voting in the 2024 Annual                   is the Annual General Meeting of Shareholders
RUPS and prioritizes decision-making through a                     (RUPST) for the 2023 Financial Year, held on March
voting method using ballots (rather than a show of                 4, 2024. This RUPST was conducted electronically
hands) for all resolutions passed during the 2024                  (e-RUPS) through the eASY.KSEI system, with
Annual RUPS. All provisions regarding the voting                   the physical meeting taking place at the Menara
mechanism in the RUPS have been published on                       BNI Building. All participants, whether attending
the Company’s website 21 days prior to the RUPS.                   electronically or physically, were able to follow and
In compliance with POJK 15/2020, the Rules of                      actively participate. The results of the 2024 RUPST
Procedure for the RUPS are also distributed to                     decisions were reported to the OJK and announced
shareholders attending the meeting, and the key                    on the Bank’s website (https://www.bni.co.id/id-id/
points of the Rules of Procedure are read out before               perseroan/tata-kelola/rups), the IDX website (www.
the RUPS begins. [ACGS A.2.9, A.2.10]                              idx.co.id), and the KSEI website (www.ksei.co.id).
                                                                   [ACGS (B) A.1.1]
Parties That Validate the Voting Results [ACGS
A.2.11]                                                            Overall, the administrative procedures for reporting
BNI appoints independent and professional                          the implementation of the 2024 RUPST at BNI, from
parties to ensure the fairness and validity of the                 the notification stage, announcement, to the calling
implementation and decision-making process of the                  of shareholders, have complied with the provisions
RUPS. The independent parties referred to include:                 of POJK 15/2020 and were communicated through
1. Notary                                                          the eASY.KSEI system and published on the Bank’s
   A Notary is a public official authorized to prepare             website within the required timeframe.
   an authentic deed with other authorities as
   referred to in Notorial Law, and who is registered
   with OJK as a capital market supporting




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   Day, Date and Time                 Monday, March 4, 2024; 14.19 – 16.00 WIB
   Venue                              Ballroom Menara BNI 6th Floor, Jalan Pejompongan Raya No. 7, Bendungan Hilir, Jakarta
                                      Shareholders and/or their proxies present, whether in the meeting room or electronically,
                                      collectively hold 32,484,226,683 shares, including Series A Dwiwarna shares, which represents
                                      87.1900650% of the total number of shares with valid voting rights issued by the Bank as of
                                      the meeting date, which amounts to 37,256,798,316 shares, excluding treasury shares totaling
                                      40,514,600 shares. These shares consist of:

                                      • 1 (one) Series A Dwiwarna share;
                                      • 578,683,733 Series B shares; and
                                      • 36,718,629,182 Series C shares.
   Quorum
                                      Taking into account the Company’s Shareholder Register as of February 6, 2024, up to 4:00
                                      PM WIB, the quorum required under Article 41 paragraph (1) letter a and Article 42 letter a
                                      of Financial Services Authority Regulation No. 15/POJK.04/2020 concerning the Plan and
                                      Implementation of General Meetings of Shareholders of Public Companies (“POJK 15”) in
                                      conjunction with Article 25 paragraph (1) letter a, paragraph (4) letter a, and paragraph (5)
                                      letter a of the Company’s Articles of Association has been met. Therefore, the meeting is valid
                                      and authorized to make valid and binding decisions on the matters discussed in accordance
                                      with the meeting agenda.
                                      The meeting was led by Pradjoto as the President Commissioner/Independent Commissioner,
   Chairman of the AGMS               in accordance with the letter from the Board of Commissioners No. DK/22 dated February 22,
                                      2024.
                                      All members of the Board of Commissioners attended the 2023 Financial Year Annual General
                                      Meeting of Shareholders, with the following attendance details:
                                      - President Commissioner/Independent: Pradjoto
                                      - Vice President Commissioner: Pahala Nugraha Mansury
   Attendance of member of            - Independent Commissioner: Sigit Widyawan
   the Board of Commissioners         - Commissioner: Askolani
   including the President            - Independent Commissioner: Asmawi Syam
   Commissioner [ACGS A.2.7,          - Commissioner: Susyanto
   A.2.8]                             - Independent Commissioner: Iman Sugema
                                      - Independent Commissioner: Septian Hario Seto
                                      - Independent Commissioner: Erwin Rijanto Slamet
                                      - Commissioner: Fadlansyah Lubis
                                      - Commissioner: Robertus Billitea
                                      All members of the Board of Directors attended the 2023 Financial Year Annual General
                                      Meeting of Shareholders, with the following attendance details:
                                      - President Director: Royke Tumilaar
                                      - Deputy President Director: Adi Sulistyowati
                                      - Finance Director: Novita Widya Anggraini
   Attendance of member               - Digital and Integrated Transaction Banking Director: Corina Leyla Karnalies
   of the Board of Directors,         - Enterprise and Consumer Banking Director: Sis Apik Wijayanto
   including the President            - Risk Management Director: David Pirzada
   Director [ACGS A.2.7, A.2.8]       - Wholesale and International Banking Director: Silvano Winston Rumantir
                                      - Network and Services Director: Ronny Venir
                                      - Institutional Banking Director: Muhammad Iqbal
                                      - Retail Banking Director: Putrama Wahju Setyawan
                                      - Human Capital and Compliance Director: Mucharom
                                      - Technology and Operations Director: Toto Prasetio
                                      The vote counting for the decision-making basis of the meeting was conducted by PT Datindo
   Independent vote counters
                                      Entrycom as the Securities Administration Bureau. Subsequently, the votes were validated by
   [ACGS A.2.11]
                                      Ashoya Ratam, S.H., M.Kn, a Notary in Jakarta.
                                      All members of the Audit Committee, including the Chairman of the Audit Committee,
                                      attended the 2023 Financial Year Annual General Meeting of Shareholders, with the following
   Attendance of member               attendance details:
   of the Audit Committee,            - Chairman: Asmawi Syam - Independent Commissioner
   including the Chairman of          - Member: Sigit Widyawan - Independent Commissioner
   Audit Committee                    - Member: Iman Sugema - Independent Commissioner
                                      - Member: Suhendi Muharam - Independent Party
                                      - Member: Human Brilianto - Independent Party
   Attendance of the Chairman         The Chairman of the Nomination and Remuneration Committee, Pradjoto - President
   of the Nomination and              Commissioner/Independent Commissioner of BNI, attended the 2023 Financial Year Annual
   Remuneration Committee             General Meeting of Shareholders.
   Number of shareholders             All shareholders are given the opportunity to ask questions and/or provide opinions on each
   who raised questions and/or        agenda item of the RUPST. During the discussion of the first agenda item, shareholders and
   opinions                           their proxies/representatives raised questions and/or expressed opinions at the RUPST.




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Procedures and Implementation Process of the 2024 RUPST
As a public company, all stages of the implementation of the 2024 BNI Annual General Meeting of
Shareholders (RUPST) have been carried out in accordance with the provisions of POJK 15/2020, with the
following details:

Stages of the 2024 Annual General Meeting of Shareholders for the 2023 Financial Year
             Description                   Date                                           Notes
Annual GMS Notification to           January 16, 2024   It was submitted to the OJK through the Company’s Letter No.
Regulator (OJK)                                         CSE/7/0380 dated January 16, 2024, regarding the Notification of the
                                                        2023 Financial Year Annual General Meeting of Shareholders and the
                                                        Provisional Meeting Agenda of PT Bank Negara Indonesia (Persero) Tbk.
Announcement of the Annual           January 23, 2024   BNI has submitted the Announcement of the 2023 Financial Year
GMS to Shareholders                                     Annual General Meeting of Shareholders to the OJK through Letter No.
                                                        CSE/7/0575 dated January 23, 2024. The Notice of the Annual General
                                                        Meeting has also been communicated through:
                                                        Indonesian Central Securities Depository (“KSEI”) website:
                                                        www.ksei.co.id;
                                                        Indonesian Stock Exchange website: www.idx.co.id;
                                                        BNI’s website: www.bni.co.id.
Proposed Agenda for the Annual       January 31, 2024   In accordance with the provisions of Article 16 paragraph (2) of POJK,
GMS by Shareholders                                     shareholders, either individually or collectively, representing 1/20 (one-
                                                        twentieth) or more of the total shares of the Company, are entitled to
                                                        submit proposals related to the Meeting Agenda, including adding
                                                        items to the agenda. Such proposals must be submitted in writing to
                                                        the Board of Directors of the Company, as the organizer of the RUPS,
                                                        no later than 7 (seven) days before the Meeting Notice date, which is
                                                        Wednesday, January 31, 2024, at 4:00 PM WIB.

                                                        BNI’s shareholder, in this case, the Ministry of State-Owned Enterprises
                                                        (Kementerian BUMN), has submitted the Approval for the 2023 Financial
                                                        Year Annual General Meeting of Shareholders through Letter No. SR-
Recording Date for List of           February 6, 2024   Shareholders who are entitled to attend/represent and vote in the
Shareholders Entitled to Attend                         meeting are BNI shareholders whose names are registered in the
the Annual GMS                                          BNI Shareholder Register or shareholders in securities accounts at
                                                        PT Kustodian Sentral Efek Indonesia (KSEI) as of Tuesday, February 6,
                                                        2024, until 4:00 PM WIB.
Invitation and Information on        February 7, 2024   BNI has submitted the Notice of the 2023 Financial Year Annual General
the Annual GMS Agenda [ACGS                             Meeting of Shareholders to the OJK through Letter No. CSE/7/1005
A.2.13, (B) A.1]                                        dated February 7, 2024. The Notice of the Annual General Meeting has
                                                        also been communicated through:
                                                        Indonesian Central Securities Depository (“KSEI”) website:
                                                        www.ksei.co.id;
                                                        Indonesian Stock Exchange website: www.idx.co.id;
                                                        BNI’s website: www.bni.co.id.
Implementation of the Annual          March 4, 2024     The meeting was held both physically and electronically in accordance
GMS                                                     with POJK No. 16/POJK.04/2020 regarding the Electronic Implementation
                                                        of General Meetings of Shareholders of Public Companies, with PT
                                                        Kustodian Sentral Efek Indonesia as the e-RUPS provider through the
                                                        eASY.KSEI application. The physical meeting was held at the Ballroom
                                                        of Menara BNI, 6th Floor, Jalan Pejompongan Raya No. 7, Bendungan
                                                        Hilir, Jakarta.
Annual GMS Minutes Summary            March 4, 2024     The results of the 2024 Annual General Meeting of Shareholders have
                                                        been formalized through the Deed of the Minutes of the Annual General
                                                        Meeting of Shareholders of PT Bank Negara Indonesia (Persero) Tbk
                                                        No. 03 dated March 4, 2024.
Publication of the Annual GMS         March 5, 2024     BNI has submitted the Publication of the Summary of the Minutes of
Minutes Summary [ACGS A.2.12]                           the 2023 Financial Year Annual General Meeting of Shareholders to the
                                                        OJK through Letter No. CSE/7/1615 dated March 5, 2024.
                                                        The Publication of the Summary of the Minutes of the Annual General
                                                        Meeting has also been communicated through:
                                                        Indonesian Central Securities Deposito ry (“KSEI”) website:
                                                        www.ksei.co.id;
                                                        Indonesian Stock Exchange websit: www.idx.co.id;
                                                        BNI’s website: www.bni.co.id.
Submission of the Deed of              April 2, 2024    BNI has submitted the Deed of the Minutes of the 2023 Financial Year
the Annual GMS Minutes to                               Annual General Meeting of Shareholders No. 03 dated March 4, 2024,
Regulators                                              made before Ashoya Ratam, S.H., M.Kn, a Notary in Jakarta, through
                                                        the Company’s Letter No. CSE/7/2270 dated April 2, 2024.


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  Decision-Making Mechanism for the 2024                                   3. For the fifth agenda item, the decision is valid if
  RUPST [ACGS E.3.4]                                                          approved by the Series A Dwiwarna shareholders
  Referring to the quorum provisions set forth in                             and other shareholders and/or their valid
  POJK 15/2020 and the Bank’s Articles of Association,                        proxies, collectively representing more than 2/3
  decisions in the meeting are made based on                                  (two-thirds) of the total shares with voting rights
  deliberation to reach a consensus. If a consensus                           present at the meeting.
  is not reached, the decision will be made through a
  voting method. The voting mechanism for decision-                        Minutes of the 2024 RUPST Decision on
  making in the meeting is as follows:                                     March 4, 2024
  1. For the first and fourth agenda items, the decision                   The decisions of the 2024 RUPST for the 2023 financial
      is valid if approved by more than ½ (one-half) of                    year have been recorded in Deed No. 03 dated
      the total shares with voting rights present at the                   March 4, 2024, made by and before Ashoya Ratam,
      meeting;                                                             S.H., M.Kn., Notary in South Jakarta Administrative
  2. For the second, third, and sixth agenda items,                        City (Notary). The details of the decisions made in
      the decision is valid if approved by the Series A                    the RUPST on March 4, 2024, are as follows:
      Dwiwarna shareholders and other shareholders
      and/or      their  valid   proxies,    collectively
      representing more than ½ (one-half) of the total
      shares with voting rights present at the meeting;


   Agenda I                     Approval of the Annual Report and Ratification of the Consolidated Financial Statements of the
                                Company, Approval of the Supervisory Task Report of the Board of Commissioners, as well as the
                                Ratification of the Financial Statements of the Micro and Small Business Funding Program (PUMK)
                                for the 2023 Financial Year, along with the full acquittal and discharge of responsibility (volledig
                                acquit et de charge) to the Board of Directors for the management of the Company and the Board
                                of Commissioners for the supervision of the Company carried out during the 2023 Financial Year.
   Number of                    1 (one) person submitted feedback from the Shareholder or their authorized representatives
   Shareholders’ Inquiries
   [ACGS A.2.5]
   Voting Result                             Agree                               Disagree                            Abstain
   [ACGS A.2.6]
                                32,439,520,837 shares, or             44,705,846 shares, or              199,977,614 shares, or
                                99.8623768% of the total shares       0.1376232% of the total shares     0.6156145% of the total shares
                                with valid voting rights present      with valid voting rights present   with valid voting rights present
                                at the meeting.                       at the meeting.                    at the meeting.
   Meeting Resolutions          1. Approved the Company’s Annual Report including Report of the Board of Commissioners’
   [ACGS A.6.1]                    Supervisory Duties for the Fiscal Year 2023 ended on December 31, 2023.
                                2. Ratified:
                                   a. The Company’s Consolidated Financial Statements for the 2023 Financial Year, which ended
                                       on December 31, 2023, audited by the Public Accounting Firm Tanudiredja, Wibisana, Rintis &
                                       Partner (a member firm of the PricewaterhouseCoopers Global network), in accordance with
                                       Report No. 00019/2.1025/AU.1/07/0222-2/1/I/2024 dated January 25, 2024 with a fair opinion in
                                       all material respects, and
                                   b. The Financial Report of the Micro and Small Business Funding Program (PUMK) for the
                                       fiscal Year 2023 which ended on December 31,2023, audited by the Public Accounting Firm
                                       Tanudiredja, Wibisana, Rintis & Partner (a member firm of PricewaterhouseCoopers Global
                                       Network) in accordance with Report No. 00043/2.1025/AU.2/07/0222-3/1/II/2024 dated February
                                       12, 2024 with a fair opinion in all material respects.
                                3. With the approval of the Company’s Annual Report, including the Supervisory Task Report of
                                   the Board of Commissioners, and the ratification of the Company’s Consolidated Financial
                                   Statements, as well as the Financial Statements of the Micro and Small Business Funding
                                   Program (PUMK), all for the 2023 Financial Year ending on December 31, 2023, the AGMS grants
                                   full acquittal and discharge of responsibility (volledig acquit et de charge) to all members of
                                   the Board of Directors for the management of the Company and the members of the Board of
                                   Commissioners for the supervision of the Company conducted during the 2023 Financial Year
                                   ending on December 31, 2023, provided that such actions are not criminal in nature and are
                                   reflected in the above-mentioned reports.
   Follow-up on the             The decisions were immediately effective
   Meeting’s Decision
   Realization                  Already realized




                                                                                                               2024 Annual Report
                                                                                             PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                      639
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                                            2024          Report            Profile       Analysis on Company Performance        Functions



Agenda II                     Approval of the Use of the Company’s Net Profit for the Fiscal Year 2023.
Number of                     No Shareholders submitted questions or responses
Shareholders’ Inquiries
[ACGS A.2.5]
Voting Result                                Agree                               Disagree                              Abstain
[ACGS A.2.6]
                              32,484,223,083 shares, or             3,600 shares, or 0.0000111%           173,176,232 shares, or
                              99.9999889% of the total shares       of the total shares with valid        0.5331087% of the total shares
                              with valid voting rights present      voting rights present at the          with valid voting rights present
                              at the meeting.                       meeting.                              at the meeting.
Meeting Resolutions           Approved and determined the use of the Company’s consolidated net profit attributable to the parent
[ACGS A.6.1]                  entity for the 2023 financial year amounting to Rp20,909,476,149,342,- (twenty trillion nine hundred
                              nine billion four hundred seventy-six million one hundred forty-nine thousand three hundred forty-
                              two Rupiah) as follows:
                              1. Fifty percent (50%) or a total of Rp10,454,738,074,671,- (ten trillion four hundred fifty-four billion
                                 seven hundred thirty-eight million seventy-four thousand six hundred seventy-one Rupiah) or
                                 Rp280.49516984960 (two hundred eighty point four nine five one six nine eight four nine six zero
                                 Rupiah) per share is designated as a Cash Dividend. The payment will be carried out under the
                                 following terms:
                                 a. The dividend portion for the State of the Republic of Indonesia amounting to
                                     Rp6,277,029,672,896.46 (six trillion two hundred seventy-seven billion twenty-nine million
                                     six hundred seventy-two thousand eight hundred ninety-six point four six Rupiah) will be
                                     deposited in the State Treasury account.
                                 b. The dividend for the 2023 financial year will be paid proportionally to each shareholder whose
                                     name is listed in the Shareholder Register on the Recording Date.
                                 c. The Board of Directors is granted the authority and power, with the right of substitution, to
                                     carry out the following:
                                     I. Establish the schedule and procedures for the distribution related to the payment of the
                                          dividend for the 2023 financial year in accordance with applicable regulations.
                                     II. Deduct dividend taxes in accordance with the prevailing tax regulations.
                                     III. Address other technical matters in accordance with applicable regulations.
                              2. Fifty percent (50%) or a total of Rp10,454,738,074,671,- (ten trillion four hundred fifty-four billion
                                 seven hundred thirty-eight million seventy-four thousand six hundred seventy-one Rupiah) will
                                 be used as Retained Earnings.
Follow-up on the              BNI has distributed the Cash Dividend to Shareholders on April 2, 2024.
Meeting’s Decision
[ACGS A.1.1]
Realization                   Already realized.

Agenda III                    Determination of Remuneration (Salary/Honorarium, Facilities and Allowances) for 2024 and Tantiem
                              for Fiscal Year 2023 for the Company’s Board of Directors and Board of Commissioners
Number of                     No Shareholders submitted questions or responses
Shareholders’ Inquiries
[ACGS A.2.5]
Voting Result                                Agree                               Disagree                              Abstain
[ACGS A.2.6, D.3.12]
                              30,916,510,975 shares, or             1,567,715,708 shares, or              173,963,032 shares, or
                              95.1739171% of the total shares       4.8260829% of the total shares        0.5355308% of the total shares
                              with valid voting rights present      with valid voting rights present      with valid voting rights present
                              at the meeting.                       at the meeting.at                     at the meeting.
Meeting Resolutions*)         1. Granted authority and power of attorney to Series A Dwiwarna Shareholders to determine the
[ACGS A.2.1, A.6.1, D.3.12]      following items for members of the Board of Commissioners:
                                 a. Tantiem/Performance Bonus/Special Incentive for the Fiscal Year 2023 and/or Long Term
                                     Incentive for the Fiscal Year Period of 2024-2026, in accordance with the applicable provisions
                                 b. Honorarium, Benefits, and Facilities for Fiscal Year 2024.
                              2. Granted authority and power to the Board of Commissioners by first obtaining written approval
                                 from the Series A Dwiwarna Shareholders, to determine the following items for members of the
                                 Board of Directors:
                                 a. Tantiem/Performance Bonus/Special Incentive for the Fiscal Year 2023 and/or Long Term
                                     Incentive for the Fiscal Year Period of 2024-2026, in accordance with the applicable provisions;
                                     and
                                 b. Honorarium, Benefits, and Facilities for Fiscal Year 2024.
Follow-up on the              The decision is being implemented. The Series A Dwiwarna Shareholders have determined the
Meeting’s Decision            Compensation for the Board of Directors and the Board of Commissioners of PT Bank Negara
                              Indonesia (Persero) Tbk for the year 2024 through Letter No. SR-200/MBU/04/2024 dated April 3,
                              2024
Realization                   In the implementation process.
*)
     The decision-making regarding the approval of remuneration or salary increases for the Board of Directors and/or the Board of
     Commissioners is made by the Series A Dwiwarna shareholders. This is in accordance with the special rights held by the Series A Dwiwarna
     shareholders as stipulated in the Articles of Association of BNI.




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   Agenda IV                    Appointment of a Public Accountant and/or Public Accounting Firm to Audit the Company’s
                                Consolidated Financial Statements and Financial Report for the Micro and Small Business Funding
                                Program (PUMK) for the Fiscal Year 2024.
   Number of                    No Shareholders submitted questions or responses
   Shareholders’ Inquiries
   [ACGS A.2.5]
   Voting Result                             Agree                               Disagree                            Abstain
   [ACGS A.2.6]
                                32,477,309,737 shares, or             6,916,946 shares, or               173,176,032 shares, or
                                99.9787068% of the total shares       0.0212932% of the total shares     0.5331081% of the total shares
                                with valid voting rights present      with valid voting rights present   with valid voting rights present
                                at the meeting.                       at the meeting.                    at the meeting.
   Meeting Resolutions          1. Approved the appointment of Tanudiredja, Wibisana, Rintis & Partner (a member firm of the
   [ACGS A.6.1, A.6.4]             PricewaterhouseCoopers Global network) as the Public Accounting Firm to audit the Company’s
                                   Consolidated Financial Statements, the Financial Statements of the Micro and Small Business
                                   Funding Program, and other reports for the Fiscal Year 2024.
                                2. Approved the granting of authority and power to the Board of Commissioners of the Company to
                                   carry out:
                                   a. The appointment of a Public Accountant and/or Public Accounting Firm to audit the Company’s
                                      Consolidated Financial Statements for other periods in the Fiscal Year 2024, for the purposes
                                      and interests of the Company; and
                                   b. The determination of the audit fee and other terms for the Public Accountant and/or Public
                                      Accounting Firm, and the appointment of a Replacement Public Accountant and/or Public
                                      Accounting Firm in the event that Tanudiredja, Wibisana, Rintis & Partner (a member firm of
                                      the PricewaterhouseCoopers Global network) for any reason, is unable to complete the audit
                                      of the Company’s Consolidated Financial Statements for the Fiscal Year 2024 and/or other
                                      periods in the Fiscal Year 2024, as well as the Financial Statements of the Micro and Small
                                      Business Funding Program for the Fiscal Year 2024, including determining the audit fee and
                                      other terms for the Replacement Public Accountant and/or Public Accounting Firm.
   Follow-up on the             The resolutions are being implemented
   Meeting’s Decision
   Realization                  In the process of implementation

   Agenda V                     Changes in the Company’s Articles of Association
   Number of                    No Shareholders submitted questions or responses
   Shareholders’ Inquiries
   [ACGS A.2.5]
   Voting Result                             Agree                               Disagree                            Abstain
   [ACGS A.2.6]
                                25,446,295,643 shares, or             7,037,931,040 shares, or           188,399,071 shares, or
                                78.3343125% of the total shares       21.6656875% of the total shares    0.5799709% of the total shares
                                with valid voting rights present      with valid voting rights present   with valid voting rights present
                                at the meeting.                       at the meeting.                    at the meeting.
   Meeting Resolutions          1. Approved the amendment to the Company’s Articles of Association, among other things, to align
   [ACGS A.6.1]                    with the laws and regulations: (a) Law Number 4 of 2023 dated January 12, 2023, concerning
                                   the Development and Strengthening of the Financial Sector; (b) OJK Regulation Number 17 of
                                   2023 dated September 14, 2023, on the Implementation of Governance for Commercial Banks;
                                   (c) Ministry of BUMN Regulation Number PER-2/MBU/03/2023 dated March 24, 2023, on the
                                   Guidelines for Governance and Significant Corporate Activities of State-Owned Enterprises; (d)
                                   Ministry of BUMN Regulation Number PER-3/MBU/03/2023 dated March 24, 2023, on the Organs
                                   and Human Resources of State-Owned Enterprises; and (e) other related regulations.
                                2. Approved the restructuring of all provisions in the Company’s Articles of Association in connection
                                   with the changes as referred to in item 1 above.
                                3. Granted authority and power to the Board of Directors with substitution rights to take all necessary
                                   actions related to the Meeting’s decision, including but not limited to drafting and restating the
                                   entire Articles of Association of the Company in a Notarial Deed, adjusting the amendments to
                                   the Articles of Association of the Company if required by the relevant authorities, and submitting
                                   them to the relevant authorities to obtain approval and acknowledgment of the notification of the
                                   amendments to the Articles of Association of the Company, and do everything deemed necessary
                                   and useful for that purpose with nothing being excluded.
   Follow-up on the             The decision has been effective, and the latest Articles of Association of the Company in Deed No.
   Meeting’s Decision           5 dated March 4, 2024, has been published on the BNI website
   Realization                  Realized




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Agenda VI                  Changes in the Company’s Management Composition
[ACGS A.2.3]
Number of               No Shareholders submitted questions or responses
Shareholders’ Inquiries
[ACGS A.2.5]
Voting Result                           Agree                            Disagree                             Abstain
[ACGS A.2.6]
                           25,016,488,811 shares, or          7,467,737,872 shares, or           422,479,549 shares, or
                           77.0111878% of the total shares    22.9888122% of the total shares    1.3005683% of the total shares
                           with valid voting rights present   with valid voting rights present   with valid voting rights present
                           at the meeting.                    at the meeting.                    at the meeting.
Meeting Resolutions*)      1. Respectfully dismissed the individuals listed below from their positions as the Management of
[ACGS A.2.3, A.6.1]           the Company:
                              a. Ms. ADI SULISTYOWATI as Deputy President Director;
                              b. Mr. SIS APIK WIJAYANTO as Enterprise and Commercial Banking Director;
                              c. Mr. MUHAMMAD Iqbal as Institutional Banking Director;
                              d. Mr. SILVANO WINSTON RUMANTIR as Wholesale and International Banking Director;
                              e. Mr. SUSYANTO as Commissioner;
                              f. Mr. ASKOLANI as Commissioner;
                              who were each appointed based on the resolutions of the Annual GMS for the Fiscal Year 2019
                              dated February 20, 2020, in conjunction with the Extraordinary GMS in 2020 dated September 2,
                              2020; the Annual GMS for the Fiscal Year 2019 dated February 20, 2020, in conjunction with the
                              Extraordinary GMS in 2022 dated August 31, 2022, in conjunction with the Annual GMS for the
                              Fiscal Year 2022 dated March 15, 2023; the Extraordinary GMS in 2020 dated September 2, 2020,
                              in conjunction with the Extraordinary GMS in 2022 dated August 31, 2022, in conjunction with the
                              Annual GMS for the Fiscal Year 2022 dated March 15, 2023; the Extraordinary GMS in 2020 dated
                              September 2, 2020, in conjunction with the Extraordinary GMS in 2022 dated August 31, 2022,
                              in conjunction with the Annual GMS for the Fiscal Year 2022 dated March 15, 2023; the Annual
                              GMS for the Fiscal Year 2019 dated February 20, 2020; and the Extraordinary GMS in 2019 dated
                              August 30, 2019, with thanks for their contributions of time and ideas during their tenure as the
                              Management of the Company.

                           2. Transfered the assignment of the individuals listed below as members of the Board of Directors
                              of the Company as follows:
                              a. PUTRAMA W. SETYAWAN from Retail Banking Director to Deputy President Director;
                              b. CORINA LEYLA KARNALIES from Digital and Integrated Transaction Banking Director to Retail
                                 Banking Director;
                              who were each appointed based on the resolutions of the Extraordinary GMS in 2022 dated
                              August 31, 2022, in conjunction with the Annual GMS for the Fiscal Year 2022 dated March 15,
                              2023, and the Annual GMS for the Fiscal Year 2019 dated February 20, 2020, in conjunction with
                              the Extraordinary GMS in 2022 dated August 31, 2022, in conjunction with the Annual GMS for
                              the Fiscal Year 2022 dated March 15, 2023, with their term of office continuing for the remainder
                              of their respective terms, in accordance with the resolution of the GMS appointing them.

                           3. Appointed the following names to the Company’s Management:
                              a. Mr. HUSSEIN PAOLO KARTADJOEMENA as Digital and Integrated Transaction Banking
                                 Director;
                              b. Mr. I MADE SUKAJAYA as Enterprise and Commercial Banking Director;
                              c. Mr. MUNADI HERLAMBANG as Institutional Banking Director;
                              d. Mr. AGUNG PRABOWO as Wholesale and International Banking Director;
                              e. Mr. ASKOLANI as Commissioner;
                              f. Mr. MOHAMAD YUSUF PERMANA as Commissioner.

                           4. The term of office of the members of the Board of Directors and the Board of Commissioners
                              appointed as referred to in item 3, in accordance with the provisions of the Company’s Articles
                              of Association, taking into account the laws and regulations in the Capital Market sector, and
                              without prejudice to the rights of the GMS to dismiss them at any time.
                           5. With the dismissal, changes in job titles, transfer of duties, and the appointment of the members
                              of the Board of Directors and the Board of Commissioners of the Company as referred to in
                              items 1, 2, and 3, the composition of the members of the Board of Directors and the Board of
                              Commissioners of the Company is as follows:
                           a. Board of Directors:
                                 President Director: Royke Tumilaar
                                 Deputy President Director: Putrama W. Setyawan
                                 Digital and Integrated Transaction Banking Director: Hussein Paolo Kartadjoemena
                                 Enterprise and Commercial Banking Director: I Made Sukajaya
                                 Finance Director: Novita Widya Anggraini
                                 Risk Management Director: David Pirzada
                                 Institutional Banking Director: Munadi Herlambang
                                 Network and Services Director: Ronny Venir
                                 Retail Banking Director: Corina Leyla Karnalies
                                 Technology and Operations Director: Toto Prasetio
                                 Human Capital and Compliance Director: Mucharom
                                 Wholesale and International Banking Director: Agung Prabowo


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                                 b Board of Commissioners:
                                   President Commissioner/Independent Commissioner: Pradjoto
                                   Vice President Commissioner: Pahala Nugraha Mansury
                                   Commissioner: Askolani
                                   Commissioner: Fadlansyah Lubis
                                   Commissioner: Robertus Billitea
                                   Commissioner: Mohamad Yusuf Permana
                                   Independent Commissioner: Erwin Rijanto
                                   Independent Commissioner: Sigit Widyawan
                                   Independent Commissioner: Septian Hario Seto
                                   Independent Commissioner: Iman Sugema
                                   Independent Commissioner: Asmawi Syam

                                 6. Members of the Board of Directors and the Board of Commissioners appointed as referred to in
                                    item 3, paragraphs 1), 2), 3), 4), and 6), as well as members of the Board of Directors reassigned as
                                    referred to in item 2, paragraph 1), may only carry out their duties after obtaining approval from
                                    the Financial Services Authority (OJK) on the Capability and Suitability Assessment (Fit & Proper
                                    Test) and complying with the applicable laws and regulations. In the event that the aforementioned
                                    members of the Board of Directors and the Board of Commissioners are subsequently not
                                    approved as members of the Board of Directors and the Board of Commissioners in the Capability
                                    and Suitability Assessment (Fit & Proper Test) by the OJK, they will be respectfully dismissed as
                                    of the date the decision on the results of the OJK's Capability and Suitability Assessment (Fit &
                                    Proper Test) is issued.

                                 7. Requested the Board of Directors to submit a written request to the Financial Services Authority
                                    (OJK) for the implementation of the Capability and Suitability Assessment (Fit & Proper Test) for
                                    the members of the Board of Directors and the Board of Commissioners appointed as referred
                                    to in item 3, paragraphs 1), 2), 3), 4), and 6), as well as the members of the Board of Directors
                                    reassigned as referred to in item 2, paragraph 1).

                                 8. Members of the Board of Directors and the Board of Commissioners appointed as referred to
                                    in item 3 who are still holding other positions that are prohibited by laws and regulations from
                                    being held concurrently with the position of member of the Board of Directors and the Board of
                                    Commissioners of a State-Owned Enterprise, must resign or be dismissed from that position.

                                 9. Granted authority with substitution rights to the Board of Directors of the Company to state the
                                    decisions made in this GMS in the form of a Notarial Deed, and to appear before a Notary or
                                    authorized official to make any necessary adjustments or corrections as required by the relevant
                                    authorities for the implementation of the meeting's resolutions.
       Follow-up on the          The decision has been effective. The appointed Board of Directors and Board of Commissioners
       Meeting’s Decision        are currently in the process of the OJK's Fit & Proper Test.
       Realization               Realized
   The decision regarding the approval of changes to the Bank’s management is made by the Series A Dwiwarna shareholders. This is in
  *)

  accordance with the scope of the special rights held by the Series A Dwiwarna shareholders as stipulated in the Articles of Association of BNI.



  Realization of Dividends Payment [ACGS A.1.1]
  In accordance with the decision of Agenda Item II of the Annual GMS on March 4, 2024, regarding the
  Approval of the Use of Net Profit for the Fiscal Year 2023, BNI has made a Cash Dividend payment for the
  performance of the Fiscal Year 2023 with the following details:

       Cash Dividend Distributed (Rp-billion)                                                                     IDR10,454,738,074,671
       Dividend per Share (Rp)                                                                                      IDR280.49516984960
       Dividend Distribution Ratio from Net Profit for the Year Attributable to Owners of the
                                                                                                                                       50%
       Parent Entity for the Fiscal Year 2023 (%)
       Announcement Date                                                                                                   March 5, 2024
       Payment Date                                                                                                          April 2, 2024




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INFORMATION ON THE DECISION TO HOLD THE 2023 AGMS FOR THE FISCAL YEAR 2022

Throughout the fiscal year 2023, BNI held 2 (two) GMS meetings, namely the Annual GMS for the Fiscal Year
2022, held on March 15, 2023, and the Extraordinary GMS, held on September 19, 2023. All decisions from
both of these GMS meetings were implemented in 2023, so there are no decisions from the GMS for the
Fiscal Year 2022 that need to be followed up in 2024. Below is the information on the results of the Annual
GMS for the Fiscal Year 2022, dated March 15, 2023, and their follow-up actions:

Minutes of March 15, 2023 AGMS Resolutions
The decision of the 2023 Annual GMS for the Fiscal Year 2022 has been documented in Deed No. 15 dated
March 15, 2023, made by and before Ashoya Ratam, S.H., M.Kn., Notary in South Jakarta Administrative City
(Notary). The details of the decisions from the Annual GMS dated March 15, 2023, are as follows:

Agenda I                  Approval of the Annual Report and Ratification of the Company's Consolidated Financial Report,
                          Approval of the Board of Commissioners’ Supervisory Duties Report and Ratification of the Financial
                          Report of the Micro and Small Business Funding Program (PUMK) for the Fiscal Year 2022, as well
                          as granting full release and discharge (volledig acquit et de charge) to the Company's Board of
                          Directors and Board of Commissioners for the management and supervisory actions carried out
                          during the Fiscal Year 2022.
Number of                 1 (one) person submitted feedback from the Shareholder or their authorized representatives
Shareholders’ Inquiries
Voting Result                           Agree                            Disagree                            Abstain
[ACGS A.2.6]
                          15,897,630,677 shares, or          700 shares, or 0.0000044%          36,746,989 shares, or
                          99.9999956% of the total shares    of the total shares with valid     0.2311476% of the total shares
                          with valid voting rights present   voting rights present at the       with valid voting rights present
                          at the meeting.                    meeting.                           at the meeting.
Meeting Resolutions       1. Approved the Company's Annual Report including the Board of Commissioners’ Supervisory
                             Duties Report for the Fiscal Year 2022.
                          2. Ratified:
                             a. The Company's Consolidated Financial Report for the Fiscal Year 2022, which was audited
                                by the Public Accounting Firm Tanudiredja, Wibisana, Rintis & Partner (a member firm of the
                                PwC global network) according to Report No. 00007/2.1025/AU.1/07/0222-2/1/I/2023 dated
                                January 20, 2023 with a fair opinion in all material respects on the Group's consolidated
                                financial position as of December 31, 2022, as well as the consolidated financial performance
                                and consolidated cash flows for the year ending on that date in accordance with Financial
                                Accounting Standards in Indonesia.
                             b. The Financial Report of the Micro and Small Business Funding Program (PUMK) for the Fiscal
                                Year 2022, which has been audited by the Public Accounting Firm Tanudiredja, Wibisana, Rintis
                                & Partner (a member firm of the PwC global network) according to Report No. 00033/2.1025/
                                AU.2/07/0222-2/1/II/2023 dated February 3, 2023 with a fair opinion in all material respects on
                                the financial position of the MSE Funding Program as of December 31, 2022, as well as the
                                financial performance and cash flows for the year ending on that date, in accordance with the
                                Financial Accounting Standards for Entities Without Public Accountability
                             3. Provided full release and discharge (volledig acquit et de charge) to all members of the Board of
                                Directors and members of the Board of Commissioners for the management and supervision
                                actions they carried out during Fiscal Year 2022, so long as these actions were not criminal acts
                                and such actions are reflected in the Annual Report, Company Consolidated Financial Report
                                and Micro and Small Business Funding Program Report (PUMK) for the Fiscal Year 2022.
Follow-up on the          Resolutions were realized immediately
Meeting’s Decision
Realization               Already realized




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   Agenda II                    Approval of the Use of the Company’s Net Profit for the Fiscal Year 2022
   Number of                    No Shareholders submitted questions or responses
   Shareholders’ Inquiries
   Voting Result                             Agree                                Disagree                            Abstain
   [ACGS A.2.6]
                                15,897,630,677 shares, or             700 shares, or 0.0000044%          18,526,840 shares, or
                                99.9999956% of the total shares       of the total shares with valid     0.1165384% of the total shares
                                with valid voting rights present      voting rights present at the       with valid voting rights present
                                at the meeting.                       meeting.                           at the meeting.
   Meeting Resolutions          Approved the Use of the Company’s Net Profit for the Fiscal Year 2022, amounting to
                                Rp18,312,053,106,091, with the following details:
                                1. 40% (forty percent) of the Company’s Net Profit, or amounting to Rp7,324,821,242,436, is
                                   designated to be distributed as cash dividends to the shareholders, with the following payment
                                   terms:
                                   a. The dividend portion for the State, representing 60% (sixty percent) of the shares, or amounting
                                      to Rp4,394,892,745,535, will be deposited into the State Treasury General Account .
                                   b. The dividend for the ownership of 40% (forty percent) of the public shares, amounting to
                                      Rp2,929,928,496,893, will be distributed to the shareholders in accordance with their respective
                                      ownership proportions.
                                   c. Grant authority and power to the Board of Directors of the Company with substitution rights
                                      to determine the schedule, procedure, and implementation of the dividend payment for the
                                      Fiscal Year 2022 in accordance with the applicable provisions.
                                2. 60% (sixty percent) of the Company’s Net Profit, or amounting to Rp10,987,231,863,663, is
                                   designated as Retained Earnings.
   Follow-up on the             BNI has distributed Dividends to Shareholders on April 14, 2023.
   Meeting’s Decision
   Realization                  Already realized


   Agenda III                   Determination of Remuneration (Salary/Honorarium, Facilites, and Benefits) for 2023 and Tantiem for
   [ACGS A.2.1]                 Fiscal Year 2022 for the Company’s Board of Directors and Board of Commissioners.
   Number of                    No Shareholders submitted questions and responses
   Shareholders’ Inquiries
   Voting Result                             Agree                                Disagree                            Abstain
   [ACGS A.2.6]
                                15,306,843,571 shares, or             590,787,806 shares, or             30,608,898 shares, or
                                96.2837998% of the total shares       3.7162002% of the total shares     0.1925375% of the total shares
                                with valid voting rights present      with valid voting rights present   with valid voting rights present
                                at the meeting.                       at the meeting.                    at the meeting.
   Meeting Resolutions          1. Granted authority and power of attorney to Series A Dwiwarna Shareholders to determine the
   [ACGS A.2.1]                    amount of Tantiem for Fiscal Year 2022, as well as to determine the salaries/honorarium, benefits,
                                   facilities, and other incentives, including but not limited to Long Term Incentives, for members of
                                   the Board of Commissioners for 2023.
                                2. Granted authority and power to the Board of Commissioners, with prior written approval from
                                   the Series A Dwiwarna Shareholders, to determine the amount of the Bonus for the 2022 Fiscal
                                   Year, as well as to set the salary/honorarium, allowances, facilities, and other incentives including
                                   but not limited to Long Term Incentives, for the members of the Board of Directors for the year
                                   2023.
   Follow-up on the             The Series A Dwiwarna Shareholders have determined the amount of the Bonus for the 2022 Fiscal
   Meeting’s Decision           Year, as well as set the salary/honorarium, allowances, facilities, and other incentives including
                                but not limited to Long Term Incentives, for the members of the Board of Commissioners for the
                                year 2023 based on the Ministry of SOEs Letter No. SR-25/Wk2.MBU.A/07/2023 dated July 4, 2023.
                                The Board of Commissioners, with prior approval from the Series A Dwiwarna Shareholders, has
                                determined the amount of the Bonus for the 2022 Fiscal Year, as well as set the salary/honorarium,
                                allowances, facilities, and other incentives including but not limited to Long Term Incentives, for
                                the members of the Board of Directors for the year 2023 based on Letter No. DK/84 dated July 5,
                                2023.
   Realization                  Already realized




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Agenda IV                 Appointment of Public Accountant and/or Public Accounting Firm to Audit the Company's
                          Consolidated Financial Statements and the Micro and Small Business Funding Program (PUMK)
                          Financial Statements for the 2023 Fiscal Year
Number of                 No Shareholders submitted questions or responses
Shareholders’ Inquiries
Voting Result                           Agree                           Disagree                             Abstain
[ACGS A.2.6]
                          15.894.478.077 shares, or          3.153.300 shares, or               18.524.998 shares, or
                          99,9801650% of the total shares    0,0198350% of the total shares     0,1165268% of the total shares
                          with valid voting rights present   with valid voting rights present   with valid voting rights present
                          at the meeting.                    at the meeting.                    at the meeting.
Meeting Resolutions       1. Approved the appointment of the Tanudiredja, Wibisana, Rintis & Partner Public Accounting Firm
                             (a member firm of the PcW Global network), as the Public Accounting Firm that will audit the
                             Company’s Consolidated Financial Statements, Micro and Small Business Funding Program
                             Reports ( PUMK), as well as other reports for Fiscal Year 2023.
                          2. Granted power and authority to the Company’s Board of Commissioners to determine the
                             honorarium and other requirements related to the appointment of the Public Accountant and/or
                             Public Accounting Firm Tanudiredja, Wibisana, Rintis & Partner (a member firm of the PcW Global
                             network), and to dismiss and appoint Substitute Public Accountants and/or Public Accounting
                             Firms in the event that the appointed Publi Accounting Firm for whatever reason is unable
                             to complete the audit of the Company’s Consolidated Financial Statements, Micro and Small
                             Business Funding Program Report (PUMK) and other reports for the Fiscal Year 2023, including
                             determining the honorarium and other requirements for the Substitute Public Accountant and/or
                             the Public Accounting Firm.
Follow-up on the          Already realized. The Company reported the appointment of the Company’s Public Accountants
Meeting’s Decision        and/or Public Accounting Firm via Letter No CSE/7/1786 dated March 21, to 2023.
Realization               Already realized


Agenda V                  Approval of the Company’s Share Buyback Plan and the Transfer of Buyback Shares Held as Treasury
                          Stock
Number of                 No Shareholders submitted questions and responses
Shareholders’ Inquiries
Voting Result                           Agree                           Disagree                             Abstain
[ACGS A.2.6]
                          13,698,324,747 shares, or          2,199,306,630 shares, or           20,129,598 shares, or
                          86.1658220% of the total shares    13.8341780% of the total shares    0.1266201% of the total shares
                          with valid voting rights present   with valid voting rights present   with valid voting rights present
                          at the meeting.                    at the meeting.                    at the meeting.
Meeting Resolutions       1. Approved the buyback of the Company’s shares that have been issued and listed on the
                             Indonesia Stock Exchange (BEI) with a total nominal value of all buybacks of a maximum of
                             Rp905,000,000,000.
                          2. Granted power and authority to carry out the buyback of the Company’s shares to the Company’s
                             Board of Directors.
                          3. Approved the Share Ownership Program for Employees and/or the Share Ownership Program
                             for Board of Directors and Board of Commissioners as one of the options for transferring shares
                             resulting from the buyback that are held as treasury stock.
                          4. Granted power and authority to implement the Share Ownership Program for Employees and/or
                             Share Ownership Program for the Board of Directors and Board of Commissioners to:
                             a. The Company’s Board of Directors with the approval of the Series A Dwiwarna Shareholders
                                to implement the Share Ownership Program for the Board of Directors and Board of
                                Commissioners;
                             b. The Company’s Board of Directors to implement the Share Ownership Program for Employees;
                                while still paying attention to applicable laws and regulations.
Follow-up on the          BNI has completed the buyback period until September 15, 2024, as stated in BNI's Letter No.
Meeting’s Decision        CSE/7/6082 dated September 17, 2024
Realization               Already realized




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   Agenda VI                    Approval of the Company's Recovery Plan and Resolution Plan
   Number of                    No Shareholders submitted questions or responses
   Shareholders’ Inquiries
   Voting Result                             Agree                                Disagree                            Abstain
   [ACGS A.2.6]
                                15,897,630,677 shares, or             700 shares, or 0.0000044%          20,593,255 shares, or
                                99.9999956% of the total shares       of the total shares with valid     0.1295366% of the total shares
                                with valid voting rights present      voting rights present at the       with valid voting rights present
                                at the meeting.                       meeting.                           at the meeting.
   Meeting Resolutions          1. Approved the Company’s Updated Action Plan (Recovery Plan) for the Year 2022/2023; and
                                2. Approved the Company’s 2022 Resolution Plan.
   Follow-up on the             Resolution immediately effective
   Meeting’s Decision
   Realization                  Already realized


   Agenda VII                   Ratification and Reporting of the Implementation of the Delegation of Authority to the Board of
                                Commissioners to Approve the Founders' Written Statement in Relation to the Amendment of the
                                Company's Pension Fund Regulations Based on the GMS Resolution in Deed Number 42 of 1999
   Number of                    No Shareholders submitted questions or responses
   Shareholders’ Inquiries
   Voting Result                             Agree                                Disagree                            Abstain
   [ACGS A.2.6]
                                13,607,268,523 shares, or             2,290,362,854 shares, or           29,074,553 shares, or
                                85.5930560% of the total shares       14.4069440% of the total shares    0.1828861% of the total shares
                                with valid voting rights present      with valid voting rights present   with valid voting rights present
                                at the meeting.                       at the meeting.                    at the meeting.
   Meeting Resolutions          1. Approved the ratification of the delegation of authority from the GMS to the Board of
                                   Commissioners to approve the Founders' Written Statement in relation to the Amendment of the
                                   Company's Pension Fund Regulations based on Deed Number 42 of 1999, which is still in effect
                                   to this day.
                                2. Approve the re-delegation of authority from the GMS to the Board of Commissioners to approve
                                   the Founders' Written Statement in relation to the amendment of the Company's Pension Fund
                                   Regulations, and thereafter, periodic reaffirmation will be requested from the GMS every 3 (three)
                                   years.
   Follow-up on the             The resolutions were immediately effective
   Meeting’s Decision
   Realization                  Realized


   Agenda VIII                  Report on The Realization of the Use of Funds from the Public Offering of PT Bank Negara Indonesia
                                (Persero) Tbk Environmentally Friendly Bonds (Green Bond) in 2022
   Number of                    No Shareholders submitted questions or responses
   Shareholders’ Inquiries
   Voting Result                This agenda item is a report to the GMS in accordance with applicable regulations, therefore no
                                decision was made on this agenda item
   Meeting Resolutions          The Report on the Realization of the Use of Funds from the Public Offering of Environmental-
                                Awareness Bonds (Green Bond) I PT Bank Negara Indonesia (Persero) Tbk for the Year 2022 is a
                                report, therefore no decision was made.
   Follow-up on the             -
   Meeting’s Decision
   Realization                  -


   Agenda IX                    Changes in the Composition of the Company’s Management
   [ACGS A.2.3]
   Number of                    No Shareholders submitted questions or responses
   Shareholders’ Inquiries
   Voting Result                             Agree                                Disagree                            Abstain
   [ACGS A.2.6]
                                12,197,412,856 shares, or             3,700,218,521 shares, or           47,039,429 shares, or
                                76.7247181% of the total shares       23.2752819% of the total shares    0.2958895% of the total shares
                                with valid voting rights present      with valid voting rights present   with valid voting rights present
                                at the meeting.                       at the meeting.                    at the meeting.




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Meeting Resolutions       1. Respectfully dismissed Mr. Sigit Widyawan as the Independent Commissioner of the Company,
[ACGS A.2.3]                 who was appointed based on the Annual GMS Resolution for the 2017 Fiscal Year dated March 20,
                             2018, effective as of the closing of the GMS, with thanks for his contributions of time and thought
                             during his tenure as a member of the Company's Board.
                          2. Changed the nomenclature of positions for members of the Company’s Board of Directors as
                             follows
                               No.                     Previous                                        To Become
                                1.   Treasury Director                                Retail Banking Director
                               2.    Consumer Banking Director                        Digital and Integrated Transaction Banking
                                                                                      Director
                               3.    Corporate and International Banking              Wholesale and International Banking
                                     Director                                         Director

                          3. Transferred the assignments of the following names as members of the Company’s Board of
                             Directors:
                               No.              Name                       Previous                           To Become
                                1.   Putrama W. Setyawan        Treasury Director                  Retail Banking Director
                               2.    Corina Leyla Karnalies     Dirktur Consumer Banking           Digital and Integrated
                                                                Director                           Transaction Banking Director
                               3.    Silvano Winston            Corporate and International        Wholesale and International
                                     Rumantir                   Banking Director                   Banking Director
                               4.    Muhammad Iqbal             Enterprise and Commercial          Institutional Banking Director
                                                                Banking Director
                               3.    Sis Apik Wijayanto         Institutional Banking Director     Enterprise and Commercial
                                                                                                   Banking Director

                             Each of whom was appointed based on the Extraordinary General Meeting of Shareholders
                             (RUPSLB) Resolution for 2022 dated August 31, 2022, the Annual General Meeting of Shareholders
                             (RUPS) Resolution for the 2019 Fiscal Year dated February 20, 2020 in conjunction with the
                             Extraordinary General Meeting of Shareholders (RUPSLB) Resolution for 2022 dated August 31,
                             2022, the Extraordinary General Meeting of Shareholders (RUPSLB) Resolution for 2020 dated
                             September 2, 2020 in conjunction with the Extraordinary General Meeting of Shareholders
                             (RUPSLB) Resolution for 2022 dated August 31, 2022, the Extraordinary General Meeting of
                             Shareholders (RUPSLB) Resolution for 2020 dated September 2, 2020 in conjunction with the
                             Extraordinary General Meeting of Shareholders (RUPSLB) Resolution for 2022 dated August 31,
                             2022, and the Annual General Meeting of Shareholders (RUPS) Resolution for the 2019 Fiscal Year
                             dated February 20, 2020 in conjunction with the Extraordinary General Meeting of Shareholders
                             (RUPSLB) Resolution for 2022 dated August 31, 2022, with their term of office continuing for the
                             remainder of their respective terms, in accordance with the relevant appointment resolution from
                             the GMS.
                          4. Appointed the following names to the Company Management:
                             1) Mr. Sigit Widyawan - as Independent Commissioner;
                             2) Sdr. Robertus Billitea – as Commissioner.
                          5. The term of office of the members of the Board of Commissioners appointed as referred to in
                             point 4 shall be in accordance with the provisions of the Company's Articles of Association, with
                             due regard to the laws and regulations in the Capital Market sector, and without prejudice to the
                             GMS's right to dismiss them at any time.
                          6. With the changes in job titles and the transfer of duties of the members of the Board of Directors
                             as referred to in points 2 and 3, as well as the dismissal and appointment of members of the
                             Board of Commissioners as referred to in points 1 and 4, the composition of the members of the
                             Board of Directors and the Board of Commissioners of the Company shall be as follows:
                             a. Board of Directors
                                1) President Director: Royke Tumilaar
                                2) Deputy President Director: Adi Sulistyowati
                                3) Digital and Integrated Transaction Banking Director: Corina Leyla Karnalies
                                4) Enterprise and Commercial Banking Director: Sis Apik Wijayanto
                                5) Finance Director: Novita Widya Anggraini
                                6) Risk Management Director: David Pirzada
                                7) Institutional Banking Director: Muhammad Iqbal
                                8) Network and Services Director: Ronny Venir
                                9) Retail Banking Director: Putrama W. Setyawan
                                10)Technology and Operations Director: Toto Prasetio
                                11) Human Capital and Compliance Director: Mucharom
                                12)Wholesale and International Banking Director: Silvano Winston Rumantir

                             b. Board of Commissioners
                                1) President Commissioner/Independent Commissioner: Agus Dermawan Wintarto Martowardojo
                                2) Vice President Commissioner: Pradjoto




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                                      3) Commissioner: Askolani
                                      4) Commissioner: Susyanto
                                      5) Commissioner: Fadlansyah Lubis
                                      6) Commissioner: Robertus Billitea
                                      7) Independent Commissioner: Erwin Rijanto
                                      8) Independent Commissioner: Sigit Widyawan
                                      9) Independent Commissioner: Asmawi Syam
                                      10)Independent Commissioner: Septian Hario Seto
                                      11) Independent Commissioner: Iman Sugema

                                7. A member of the Board of Commissioners appointed as referred to in point 4, who still holds another
                                   position that is prohibited by the prevailing laws and regulations from being held concurrently
                                   with the position of a member of the Board of Directors or the Board of Commissioners in a State-
                                   Owned Enterprise, must resign or be dismissed from that position.
                                8. Grant authority with the right of substitution to the Board of Directors of the Company to declare
                                   the decisions made in this GMS in the form of a Notarial Deed, to appear before a Notary or
                                   authorized official, and to make any necessary adjustments or corrections if required by the
                                   relevant authorities for the implementation of the meeting's resolutions.
   Follow-up on the             Resolutions are immediately effective
   Meeting’s Decision
   Realization                  Realized


  Realization of Dividend Payment
  In connection with Agenda Item II of the Annual GMS for the 2022 Fiscal Year regarding the Approval of the
  Use of Net Profit for the 2022 Fiscal Year, BNI has made a Cash Dividend payment based on the performance
  of the 2022 Fiscal Year with the following details:

   Cash Dividends Distributed (Rp-billion)                                                                   IDR7,324,821,242,436,-
   Dividends per Share (IDR)                                                                                      IDR392.780105040
   Dividend Distribution Ratio from Net Profit for the Year Attributable to Owners of the
                                                                                                                                 40%
   Parent Entity for Fiscal Year 2023 (%)
   Announcement Date                                                                                                 March 16, 2023
   Payment Date                                                                                                       April 14, 2023


  MINUTES OF RESOLUTIONS OF THE EXTRAORDINARY GMS, SEPTEMBER 19, 2023

  The decision of the Extraordinary General Meeting of Shareholders (EGMS) 2023 has been documented
  in Deed No. 17 dated September 19, 2023, created by and in the presence of Ashoya Ratam, S.H., M.Kn., a
  Notary in South Jakarta Administrative City (Notary). The details of the decision of the Extraordinary General
  Meeting of Shareholders dated September 19, 2023, are as follows:

   Agenda I                     Approval of the Stock Split and the Amendment of Article 4 of the Company's Articles of
                                Association regarding the Company's Capital.
   Number of                    No Shareholders submitted questions or responses
   Shareholders’ Inquiries
   Results of Voting                         Agree                                Disagree                            Abstain
   [ACGS A.2.6]
                                15.783.001.088 shares, or             4.400 shares, or 0,0000279%        31.887.016 shares, or
                                99,9999721% of the total shares       of the total shares with valid     0,2020339% of the total shares
                                with valid voting rights present      voting rights present at the       with valid voting rights present
                                at the meeting.                       meeting.                           at the meeting.
   Meeting Resolution           1. Approved the implementation of the Company's Stock Split with a ratio of 1:2 (one to two), thus:
                                   a. The nominal value per Series A Dwiwarna Share and Series B Share will be reduced from
                                       Rp7,500 (seven thousand five hundred rupiah) to Rp3,750 (three thousand seven hundred fifty
                                       rupiah), with the following provisions:
                                       i. 1 (one) Series A Dwiwarna share will remain as a Series A Dwiwarna share owned by the
                                           Republic of Indonesia, with a nominal value of Rp3,750 (three thousand seven hundred fifty
                                           rupiah); and
                                       ii. 1 (one) Series A Dwiwarna share will become 1 (one) Series B share owned by the State of
                                           the Republic of Indonesia with a nominal of Rp3,750,- per share;
                                   b. The nominal value per Series C Share will be reduced from Rp375 (three hundred seventy-five
                                       rupiah) to Rp187.5 (one hundred eighty-seven point five rupiah).
                                2. In connection with the Company's Stock Split, it is agreed to amend Article 4 paragraphs (1) and
                                   (2) of the Articles of Association. Therefore, Article 4 paragraphs (1) and (2) will read as follows:



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                                                                          CAPITAL
                                                                           Article 4
                          1. The authorized capital of the Company is Rp15,000,000,000,000.00 (fifteen trillion rupiah), which
                             is divided into:
                             a. 1 (one) Series A Dwiwarna share, with a nominal value of Rp3,750.00 (three thousand seven
                                 hundred fifty rupiah);
                             b. 578,683,733 (five hundred seventy-eight million six hundred eighty-three thousand seven
                                 hundred thirty-three) Series B shares, each with a nominal value of Rp3,750.00 (three thousand
                                 seven hundred fifty rupiah); and
                             c. 68,426,325,320 (sixty-eight billion four hundred twenty-six million three hundred twenty-five
                                 thousand three hundred twenty) Series C shares, each with a nominal value of Rp187.50 (one
                                 hundred eighty-seven point five rupiah);
                          2. Of the authorized capital, approximately 54.05% (fifty-four point zero five percent) or a total
                             of 37,297,312,916 (thirty-seven billion two hundred ninety-seven million three hundred twelve
                             thousand nine hundred sixteen) shares have been issued, subscribed, and paid-up, with a total
                             nominal value of Rp9,054,806,974,125.00 (nine trillion fifty-four billion eight hundred six million
                             nine hundred seventy-four thousand one hundred twenty-five rupiah), which consists of:
                             a. 1 (one) Series A Dwiwarna share, with a nominal value of Rp3,750.00 (three thousand seven
                                 hundred fifty rupiah);
                             b. 578,683,733 (five hundred seventy-eight million six hundred eighty-three thousand seven
                                 hundred thirty-three) Series B shares, with a total nominal value of Rp2,170,063,998,750.00
                                 (two trillion one hundred seventy billion sixty-three million nine hundred ninety-eight
                                 thousand seven hundred fifty rupiah);
                             c. 36,718,629,182 (thirty-six billion seven hundred eighteen million six hundred twenty-
                                 nine thousand one hundred eighty-two) Series C shares, with a total nominal value of
                                 Rp6,884,742,971,625.00 (six trillion eight hundred eighty-four billion seven hundred forty-two
                                 million nine hundred seventy-one thousand six hundred twenty-five rupiah).
                          3. Approved to grant authority and power to the Board of Directors of the Company, with the
                             right of substitution, to take all necessary actions in connection with the implementation of the
                             Company’s Stock Split, including but not limited to organizing and determining the procedures
                             and schedule for the implementation of the stock nominal value split (Stock Split) in accordance
                             with the regulations in the Capital Markets sector, to formalize/record this decision in a deed
                             made before a Notary, including confirming the composition of the Company’s shareholders (if
                             necessary), and/or amending the Company’s Articles of Association in this Meeting’s resolution to
                             the relevant authorities, as well as to take all necessary actions in accordance with the applicable
                             laws and regulations.
Meeting Resolution        The decision has been enacted. The results of the Stock Split were implemented starting on October
Follow Up                 10, 2023, based on the letter from PT Bursa Efek Indonesia Number Peng-00240/BEI.POP/10-2023
                          dated October 5, 2023, regarding the matter. The amendment to the Articles of Association has been
                          received by the Ministry of Law and Human Rights through Letter Number AHU-AH.01.03-0119983
                          dated September 19, 2023. The Deed of Amendment to the Articles of Association No. 18 dated
                          September 19, 2023, has been reported to the OJK through Letter Number CSE/7/6636 dated October
                          12, 2023.
Realization               Already realized


Agenda II                 Changes in the Composition of the Company’s Management
[ACGS A.2.3]
Number of                 No Shareholders submitted questions or responses
Shareholders’ Inquiries
Results of Voting                       Agree                           Disagree                             Abstain
[ACGS A.2.6]
                          12,114,010,739 shares, or          3,668,994,749 shares, or           37,581,516 shares, or
                          76.7535103% of the total shares    23.2464897% of the total shares    0.2381138% of the total shares
                          with valid voting rights present   with valid voting rights present   with valid voting rights present
                          at the meeting.                    at the meeting.                    at the meeting.
Meeting Resolution        1. Honorably dismissed Mr. Agus Dermawan Wintarto Martowardojo from his position as
[ACGS A.2.3]                 President Commissioner/Independent Commissioner of the Company, appointed based on the
                             resolution of the Annual General Meeting of Shareholders for the 2019 fiscal year on February
                             20, 2020, effective from the closing of the General Meeting of Shareholders, with thanks for the
                             contributions of time and thought during his tenure as the Company's Management;
                          2. Transferred the assignment of Mr. Pradjoto from his previous position as Deputy President
                             Commissioner/Independent        Commissioner      to     President     Commissioner/Independent
                             Commissioner of the Company, appointed based on the resolution of the Annual General Meeting
                             of Shareholders for the 2019 fiscal year on February 20, 2020, with a term of office continuing the
                             remainder of his previous term as per the resolution of the General Meeting of Shareholders that
                             appointed him.




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                                3. Appointed Sdr. Pahala Nugraha Mansury as sebagai Deputy President Commissioner of the
                                   Company.

                                4. The term of office of the members of the Board of Commissioners appointed as referred to in
                                   item 3, in accordance with the provisions of the Company's Articles of Association, with due
                                   regard to the laws and regulations in the Capital Markets sector, and without prejudice to the right
                                   of the General Meeting of Shareholders to dismiss them at any time.

                                5. With the dismissal, transfer of duties, and appointment of the members of the Board of
                                   Commissioners of the Company as referred to in items 1, 2, and 3, the composition of the
                                   members of the Company's Board of Commissioners will be as follows:
                                   1) President Commissioner/Independent Commissioner: Pradjoto
                                   2) Vice President Commissioner: Pahala Nugraha Mansury
                                   3) Commissioner: Askolani
                                   4) Commissioner: Susyanto
                                   5) Commissioner: Fadlansyah Lubis
                                   6) Commissioner: Robertus Billitea
                                   7) Independent Commissioner: Erwin Rijanto
                                   8) Independent Commissioner: Sigit Widyawan
                                   9) Independent Commissioner: Asmawi Syam
                                   10)Independent Commissioner: Septian Hario Seto
                                   11) Independent Commissioner: Iman Sugema

                                6. The members of the Board of Commissioners who are reassigned as referred to in item 2 and
                                   appointed as referred to in item 3 can only carry out their duties after obtaining approval from
                                   the Financial Services Authority (OJK) regarding the Capability and Fitness Assessment (Fit
                                   & Proper Test) and complying with the applicable laws and regulations. In the event that the
                                   member of the Board of Commissioners is later declared not approved as a member of the Board
                                   of Commissioners in the Capability and Fitness Assessment (Fit & Proper Test) by the OJK, the
                                   member of the Board of Commissioners will be honorably dismissed starting from the date the
                                   decision of the OJK's Capability and Fitness Assessment (Fit & Proper Test) results is issued.

                                7. Requested the Board of Directors to submit a written application to the Financial Services
                                   Authority (OJK) for the implementation of the Capability and Fitness Assessment (Fit & Proper
                                   Test) for the members of the Board of Commissioners who are reassigned as referred to in item
                                   2 and appointed as referred to in item 3.

                                8. A member of the Board of Commissioners appointed as referred to in item 3 who still holds
                                   another position that is prohibited by regulations from being held concurrently with the position
                                   of a Board of Commissioners member in a State-Owned Enterprise must resign or be dismissed
                                   from that position.

                                9. Granted authority with the right of substitution to the Board of Directors of the Company to declare
                                   the decisions made by this General Meeting of Shareholders in the form of a Notarial Deed, as
                                   well as to appear before a Notary or authorized official and make any necessary adjustments
                                   or corrections if required by the relevant authorities for the implementation of the meeting's
                                   decision.
   Meeting Resolution           The resolutions were effective immediately
   Follow Up
   Realization                  Already realized.




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                                                                                           PT Bank Negara Indonesia (Persero) Tbk
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Board of
Commissioners

     The Board of Commissioners is a key organ within the Bank’s Governance structure, responsible for overseeing
     the Board of Directors in managing the Bank and providing advice or recommendations to the Board of Directors
     in determining the direction of the Bank’s performance objectives, as well as ensuring the Bank’s compliance
     with all applicable laws and regulations. Additionally, the Board of Commissioners also ensures that the Bank has
     implemented the principles of Good Corporate Governance at every level of the organisation.



LEGAL BASIS                                                       Commissioners Charter serves as a guideline and
                                                                  code of conduct for the Board of Commissioners,
The establishment and appointment of BNI’s Board                  providing a reference for the execution of their duties
of Commissioners are guided by several legal                      and responsibilities in overseeing the management
foundations and regulations, including:                           policies and the conduct of the Company’s
1) Law No. 40 of 2007 concerning Limited Liability                operations by the Board of Directors in accordance
   Companies, as amended by Law No. 6 of 2023                     with the principles of Good Corporate Governance
   concerning the Stipulation of Government                       (GCG). This Charter is binding on all members of the
   Regulation in Lieu of Law No. 2 of 2022 on Job                 Board of Commissioners, serving as a framework
   Creation into Law;                                             to ensure that supervisory duties are performed
2) Law of the Republic of Indonesia No. 19 of 2003,               efficiently, effectively, transparently, independently,
   dated June 19, 2003, concerning State-Owned                    and with accountability, thereby promoting robust
   Enterprises, as amended by Law No. 6 of 2023                   corporate governance within the Bank. In general,
   concerning the Stipulation of Government                       the contents of BNI’s Board of Commissioners
   Regulation in Lieu of Law No. 2 of 2022 on Job                 Charter include:
   Creation into Law;                                             1. Legal Basis;
3) Financial Services Authority Regulation No.                    2. Structure;
   33/POJK.04/2014, dated December 8, 2014,                       3. Requirements for Board of Commissioners
   concerning the Board of Directors and Board of                     Members;
   Commissioners of Issuers or Public Companies;                  4. Independent Commissioners;
4) Financial Services Authority Regulation No. 17 of              5. Duties,       Authorities,     Obligations,     and
   2023, dated September 14, 2023, concerning the                     Responsibilities of the Board of Commissioners;
   Implementation of Governance for Commercial                    6. Appointment and Dismissal of Board of
   Banks;                                                             Commissioners Members;
5) Regulation of the Minister of State-Owned                      7. Term of Office and Vacant Positions within the
   Enterprises No. PER-2/MBU/03/2023 dated March                      Board of Commissioners;
   3, 2023, concerning Guidelines for Governance                  8. Meetings of the Board of Commissioners and
   and Significant Corporate Activities of State-                     Joint Meetings with the Board of Directors;
   Owned Enterprises;                                             9. Division of Work and Working Hours of the Board
6) Regulation of the Minister of State-Owned                          of Commissioners;
   Enterprises No. PER-3/MBU/03/2023 dated March                  10. Committees under the Board of Commissioners;
   20, 2023, concerning the Organs and Human                      11. Secretariat of the Board of Commissioners
   Resources of State-Owned Enterprises;                              and the Corporate Secretary to the Board of
7) The Bank’s Articles of Association.                                Commissioners;
                                                                  12. Corporate Values;
BOARD OF COMMISSIONERS CHARTER [ACGS                              13. Work Ethics and Prohibitions for the Board of
D.1.1]                                                                Commissioners;
                                                                  14. Transparency; and
The collaboration between the Board of                            15. Induction Program.
Commissioners, the Board of Directors, and other
governance bodies is clearly defined in the Board                 The Board of Commissioners Charter is periodically
of Commissioners Charter, as formalized through                   reviewed and updated in accordance with applicable
BNI’s Board of Commissioners Decree No. KEP/024/                  laws and regulations in Indonesia. This Charter is
DK/2024 dated October 22, 2024. The Board of                      accessible on BNI’s official website.

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  CRITERIA OR QUALIFICATIONS OF THE                                   3. Every proposal for the replacement and/
  BOARD OF COMMISSIONERS [ACGS D.3.9, D.3.11]                            or appointment of members of the Board of
  All candidates and members of the BNI Board of                         Commissioners to the GMS must take into
  Commissioners who are in office are confirmed to                       account the recommendations of the committee
  have met the criteria set out in the BNI GCG Policy                    that carries out the nomination function.
  as follows:                                                         4. Members of the committee that carries out the
  1. Members of the Board of Commissioners are                           nomination function who have a conflict of
     appointed and dismissed by a GMS which must                         interest with the recommended proposal must
     be attended by Series A Dwiwarna Shareholders                       disclose this in the recommended proposal.
     and the decision of the GMS must be approved by                  5. Replacement and/or appointment of members
     Series A Dwiwarna Shareholders by considering                       of the Board of Commissioners prioritizes
     the provisions in the Articles of Association                       professional       composition,      independence,
  2. The procedures for appointing members of                            competency suitability, and attention to diversity
     the Board of Commissioners refer to the OJK                         in terms of education (field of study), work
     regulations concerning the Board of Directors                       experience, age, expertise without distinguishing
     and Board of Commissioners of Issuers or Public                     ethnicity, religion, and race, which are needed
     Companies and the regulations of the Minister                       appropriately in carrying out the duties and
     of SOEs concerning SOE Organs and Human                             responsibilities of the Board of Commissioners.
     Resources. The procedures for appointing                         6. Appointment of members of the Board of
     members of the Board of Commissioners include:                      Commissioners who come from employees or
     a. Sources of prospective candidates for                            officials at institutions that carry out regulatory
         members of the Board of Commissioners                           and/or supervisory functions of Banks and/or
         come from:                                                      other financial services institutions is carried
         1) Former Directors of SOEs;                                    out after the person concerned has effectively
         2) Board of Commissioners/Supervisory                           resigned as an employee or official and has
             Board of SOEs;                                              undergone a waiting period of at least 6 (six)
         3) Structural Officials and Functional Officials                months.
             of the Government or                                     7. The GMS (General Meeting of Shareholders)
         4) Other sources.                                               resolution regarding the appointment and
     b. The       GMS/Minister       may     determine                   dismissal of members of the Board of
         candidates proposed by the Nomination                           Commissioners also stipulates the effective
         and Remuneration Committee to become                            date of such appointment and dismissal. In the
         members of the Board of Commissioners.                          event that the GMS does not specify the date,
     c. The determination of a person as a member of                     the appointment and dismissal of the members
         the Board of Commissioners may be carried                       of the Board of Commissioners shall become
         out after being declared to have passed the                     effective as of the closing of the GMS.
         Fit and Proper Test (UKK) in accordance with                 8. Members of the Board of Commissioners are
         sectoral provisions.                                            appointed for a term commencing from the date
     d. In the event that the appointment of members                     determined by the GMS that appointed them
         of the Board of Commissioners is carried out                    and ending at the closing of the fifth (5th) Annual
         before the UKK in accordance with sectoral                      GMS following the date of their appointment,
         provisions, the actions, duties and functions                   provided that the term shall not exceed five (5)
         as members of the Board of Commissioners                        years. This is subject to the prevailing laws and
         shall be accounted for from the date of                         regulations in the Capital Market and Banking
         being declared to have passed the UKK in                        sectors, without prejudice to the right of the
         accordance with sectoral provisions.                            GMS to dismiss any member of the Board of
     e. Members of the Board of Commissioners as                         Commissioners at any time before the expiration
         referred to in point d have an effective term                   of their term. Upon the expiration of their term,
         of office since being determined by the GMS/                    members of the Board of Commissioners may be
         Minister.                                                       reappointed by the GMS for one additional term.
     f. The curriculum vitae (CV) of prospective                      9. Individuals eligible for appointment as members
         members of the Board of Commissioners                           of the Board of Commissioners must meet
         who will be proposed for appointment at the                     the following requirements at the time of
         GMS must be available and announced at the                      appointment and throughout their term:
         time of the GMS before the decision is made                     a. Possess good character, morals, and integrity,
         regarding the appointment as members of                             and be legally competent.
         the Board of Commissioners.




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    b. Within five (5) years prior to appointment and              members of the Board of Commissioners at any
       during the term of office:                                  time before the end of their term; and
       1) Have never been declared bankrupt;                    2) Upon the expiration of their term, members of
       2) Have never served as a member of                         the Board of Commissioners may be reappointed
          the Board of Directors and/or Board                      by the GMS for one (1) additional term of office.
          of Commissioners held responsible
          for causing a company to be declared                  STRUCTURE, NUMBER, AND COMPOSITION
          bankrupt;                                             OF THE BOARD OF COMMISSIONERS IN
       3) Have never been convicted of a criminal               2024
          offense that caused financial loss to the
          state and/or is related to the financial              The number and composition of BNI’s Board
          sector;                                               of Commissioners have been aligned with the
       4) Have never served as a member of                      requirements to ensure the effective, objective, and
          the Board of Directors and/or Board of                independent execution of the Bank’s supervisory
          Commissioners who, during their term of               functions. All members of the Bank’s Board of
          office:                                               Commissioners meet the requirements regarding
          a) Failed to convene an Annual GMS;                   the number, composition, and other provisions set
          b) Had their accountability as a member               forth in BNI’s Board of Commissioners Charter, as
              of the Board of Directors and/or Board            follows:
              of Commissioners rejected by the GMS              1) As of December 31, 2024, BNI’s Board of
              or failed to provide such accountability              Commissioners consists of 11 (eleven) members,
              to the GMS; and                                       comprising 1 (one) President Commissioner/
          c) Caused a company holding licenses,                     Independent Commissioner, 1 (one) Vice
              approvals, or registrations from the                  President Commissioner, and 9 (nine) other
              Financial Services Authority (OJK)                    Commissioners;
              to fail in fulfilling its obligation to           2) The number of members of BNI’s Board of
              submit annual reports and/or financial                Commissioners does not exceed the number of
              statements to the OJK or whose annual                 members of BNI’s Board of Directors;
              reports and/or financial statements               3) The Board of Commissioners is led by the
              were not approved and/or ratified by                  President Commissioner, who is independent of
              the GMS.                                              the Controlling Shareholder, other members of
    c. Possess knowledge and/or expertise in fields                 the Board of Commissioners, and members of
       required by the Company, along with other                    BNI’s Board of Directors;
       qualifications as stipulated by the applicable           4) The replacement and/or appointment of members
       laws and regulations governing the Company.                  of BNI’s Board of Commissioners has considered
    d. Have a time commitment to the company.                       the recommendations of the Nomination and
10. The    mechanisms       for    the   appointment,               Remuneration Committee, obtained the approval
    replacement, dismissal, and/or resignation of                   of shareholders, and received the approval of the
    members of the Board of Commissioners shall                     Financial Services Authority (OJK);
    be guided by the prevailing laws and regulations            5) None of the members of BNI’s Board of
    as well as the Company’s Articles of Association.               Commissioners have family relationships up
                                                                    to the third degree with fellow members of the
TERM OF OFFICE OF THE BOARD OF                                      Board of Commissioners and/or the Board of
COMMISSIONERS [ACGS D.2.5, D.3.11]                                  Directors and
                                                                6) All members of BNI’s Board of Commissioners
As stipulated in the Charter of the Board of                        have passed the Fit and Proper Test.
Commissioners, the maximum term of office for
members of the Board of Commissioners is two (2)                In connection with the dismissal and appointment
consecutive terms, with the following provisions:               of members of the Board of Commissioners based
1) Members of the Board of Commissioners are                    on the resolutions of the 2024 Annual GMS held on
   appointed for a term commencing from the                     March 4, 2024, the composition of BNI’s Board of
   date determined by the General Meeting of                    Commissioners has changed, as detailed below:
   Shareholders (GMS) that appoints them and
   ending at the close of the fifth (5th) Annual GMS            Period January 1, 2024 – March 4, 2024:
   following their appointment date, provided that              During the period from January 1, 2024, to March
   it does not exceed a period of five (5) years,               4, 2024, BNI’s Board of Commissioners consisted of
   in accordance with prevailing capital market                 11 (eleven) members, comprising 1 (one) President
   and banking regulations. However, this does                  Commissioner/Independent Commissioner, 1 (one)
   not preclude the right of the GMS to dismiss                 Vice President Commissioner, and 9 (nine) other
                                                                Commissioners.

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  Composition of the Board of Commissioners January 1, 2024 - March 4, 2024
                                                                                                                     Effective Date of
                  Name                     Position              Domicile          Date of Appointment
                                                                                                                      Appointment
       Pradjoto                    President                       Jakarta     EGMS September 19, 2023              February 19, 2024
                                   Commissioner/
                                   Independent
                                   Commissioner
       Pahala Nugraha              Vice President                  Jakarta     EGMS September 19, 2023              February 19, 2024
       Mansury                     Commissioner
       Sigit Widyawan              Independent                      Solo       AGMS March 15, 2023                   March 15, 2023
                                   Commissioner
       Askolani                    Commissioner                    Jakarta     AGMS March 4, 2024                     March 4, 2024
       Asmawi Syam                 Independent                     Jakarta     AGMS February 20, 2020                 June 15, 2020
                                   Commissioner
       Septian Hario Seto          Independent                     Jakarta     AGMS February 20, 2020                August 14, 2020
                                   Commissioner
       Iman Sugema                 Independent                     Bogor       AGMS February 20, 2020                August 14, 2020
                                   Commissioner
       Erwin Rijanto Slamet        Independent                     Jakarta     AGMS March 29, 2021                    August 6, 2021
                                   Commissioner
       Fadlansyah Lubis            Commissioner                    Jakarta     EGMS August 31, 2022                December 23, 2022
       Robertus Billitea           Commissioner                    Jakarta     AGMS March 15, 2023                 September 11, 2023
       Susyanto1)                  Commissioner                    Bogor       AGMS February 20, 2020                 July 27, 2020
  1)
       Ceased as Commissioner since March 4, 2024


  Period of March 4, 2024 – December 31, 2024
  During the period of March 4, 2024 – December 31, 2024, there was a change in the composition of the
  Board of Commissioners based on the resolution of the 2024 Annual General Meeting of Shareholders
  (AGMS) held on March 4, 2024. Following this change, the structure and composition of BNI’s Board of
  Commissioners are as follows:

  Composition of the Board of Commissioners March 4, 2024 – December 31, 2024
                                                                                                                    Effective Date of
              Name                      Position              Domicile        Legal Basis of Appointment
                                                                                                                     Appointment
       Pradjoto                 President                   Jakarta          EGMS September 19, 2023               February 19, 2024
                                Commissioner/
                                Independent
                                [ACGS D.4.2]

       Pahala Nugraha           Vice President              Jakarta          EGMS September 19, 2023               February 19, 2024
       Mansury                  Commissioner
       Sigit Widyawan           Independent                 Solo             AGMS March 15, 2023                    March 15, 2023
                                Commissioner
       Askolani                 Commissioner                Jakarta          AGMS March 4, 2024                      March 4, 2024
       Asmawi Syam              Independent                 Jakarta          AGMS February 20, 2020                  June 17, 2020
                                Commissioner
       Septian Hario Seto       Independent                 Jakarta          AGMS February 20, 2020                 August 14, 2020
                                Commissioner
       Iman Sugema              Independent                 Bogor            AGMS February 20, 2020                 August 14, 2020
                                Commissioner
       Erwin Rijanto Slamet     Independent                 Jakarta          AGMS March 29, 2021                    August 6, 2021
                                Commissioner
       Fadlansyah Lubis         Commissioner                Jakarta          EGMS August 31, 2022                 December 23, 2022
       Robertus Billitea        Commissioner                Jakarta          AGMS March 15, 2023                  September 11, 2023
       Mohamad Yusuf            Commissioner                Bogor            AGMS March 4, 2024                   September 2, 2024
       Permana


  As of December 31, 2024, BNI does not have any female Independent Commissioners. With the current
  composition of the Board of Commissioners, the Bank ensures that none of the Commissioners (including
  Independent Commissioners) have served more than two consecutive five-year terms in the same capacity.
  Detailed disclosures regarding the career history of each Commissioner can be found in the Company Profile
  chapter, under the Board of Commissioners Profile sub-chapter, in the 2024 Annual Report. [ACGS (B)E.1.1]


                                                                                                                 2024 Annual Report
                                                                                               PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                         655
Page 55
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                                         2024           Report           Profile      Analysis on Company Performance         Functions



Basis for the Appointment of the Board of Commissioners Members
The appointment and dismissal of members of the Board of Commissioners are carried out by the General
Meeting of Shareholders (GMS) in accordance with the provisions of Article 14, paragraph (12) of the
Bank’s Articles of Association. The appointment details of each member of the Board of Commissioners are
presented in the table below:
 No.                   Name                              Position              Legal Basis of Appointment               Term of Office
 1     Pradjoto                                   President                  EGMS September 19, 2023                     2020-2025*
                                                  Commissioner/
                                                  Independent
                                                  Commissioner
 2     Pahala Nugraha Mansury                     Vice President             EGMS September 19, 2023                     2023-2028
                                                  Commissioner
 3     Sigit Widyawan                             Independent                AGMS March 15, 2023                         2023-2028
                                                  Commissioner
 4     Askolani                                   Commissioner               AGMS March 4, 2024                          2024-2029
 5     Asmawi Syam                                Independent                AGMS February 20, 2020                      2020-2025
                                                  Commissioner
 6     Septian Hario Seto                         Independent                AGMS February 20, 2020                      2020-2025
                                                  Commissioner
 7     Iman Sugema                                Independent                AGMS February 20, 2020                      2020-2025
                                                  Commissioner
 8     Erwin Rijanto Slamet                       Independent                AGMS March 29, 2021                         2021-2026
                                                  Commissioner
 9     Fadlansyah Lubis                           Commissioner               EGMS August 31, 2022                        2022-2027
 10    Robertus Billitea                          Commissioner               AGMS March 15, 2023                         2023-2028
 11    Mohamad Yusuf Permana                      Commissioner               AGMS March 4, 2024                          2024-2029
* Following his previous tenure as Vice President Commissioner/Independent Commissioner of BNI



Based on the disclosure table above, it can be seen                       GMS, which must specify the reasons for such
that BNI’s Board of Commissioners is led by the                           dismissal. The reasons for dismissal of a member
President Commissioner, who is an Independent                             of the Board of Commissioners include, but are
Commissioner or a professional from outside the                           not limited to:
Bank. Referring to BNI’s internal provisions and                          a. Failure to perform their duties properly;
global governance best practices, the Bank ensures                        b. Violating the provisions of the Articles of
that Mr. Pradjoto, as the President Commissioner/                             Association and/or laws and regulations;
Independent Commissioner of BNI, has not served
as the President Director of BNI in the last 3 (three)                   c. Being involved in actions that harm the
years. [ACGS D.4.2]                                                         Company and/or the state;
                                                                         d. Engaging in actions that violate ethics and/or
MECHANISM FOR APPOINTMENT,                                                  propriety expected of a member of the Board
TERMINATION, AND RESIGNATION OF THE                                         of Commissioners;
BOARD OF COMMISSIONERS [ACGS A.2.3, D.3.10]                              e. Being found guilty by a court ruling that has
                                                                            permanent legal force;
The procedures for the termination and resignation                       f. Resignation.
of members of the Board of Commissioners are                          3) In addition to the reasons mentioned above,
governed by the Bank’s Articles of Association and                       members of the Board of Commissioners may
are also in line with the provisions of POJK No. 33/                     also be dismissed by the GMS for other reasons
POJK.04/2014 and POJK No. 15/POJK.04/2020, as                            deemed appropriate by the GMS in the best
follows:                                                                 interest of the Company;
1) Members of the Board of Commissioners are                          4) A decision for dismissal based on reasons under
    appointed and dismissed by the General Meeting                       items 2 (a), (b), (c), and (d) and item 3 above will
    of Shareholders (GMS), which must be attended                        be taken after the individual concerned has been
    by the Series A Dwiwarna shareholders, and the                       given the opportunity to defend themselves at
    decisions of the meeting must be approved by the                     the GMS;
    Series A Dwiwarna shareholders, in accordance                     5) Dismissal under item 2 (c) and (e) above will be
    with the provisions of the Articles of Association;                  considered an unjustified dismissal;
2) Members of the Board of Commissioners may be                       6) There shall be no familial relationship between
    dismissed at any time based on a decision of the                     members of the Board of Commissioners and


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      between Board of Commissioners members                                GMS has approved it, and a new member has
      and Board of Directors members up to the third                        been appointed, ensuring compliance with the
      degree of consanguinity, whether in a direct or                       minimum number of Board of Commissioners
      collateral line, or by marriage, including in-laws.                   members;
      In such cases, the GMS has the authority to                       14) A member’s term on the Board of Commissioners
      dismiss one of the individuals concerned;                             ends upon:
  7) A member of the Board of Commissioners may                             a. The effective date of their resignation, as
      resign from their position before the end of their                       outlined in item 8;
      term by providing written notice to the Company;                      b. Death;
  8) The Company is required to hold a GMS to decide                        c. Completion of their term;
      on the resignation of a member of the Board of                        d. Dismissal by the GMS
      Commissioners no later than 90 (ninety) days                          e. Being declared bankrupt by a Commercial
      after receiving the resignation letter;                                  Court ruling that has permanent legal force
  9) The Company must disclose information to the                              or being placed under guardianship by court
      public and submit it to OJK no later than 2 (two)                        order; and
      working days after receiving the resignation letter                   f. Failing to meet the qualifications as a member
      from a member of the Board of Commissioners,                             of the Board of Commissioners according
      as outlined in item 7, and after the GMS is held as                      to the Articles of Association and other
      described in item 8;                                                     applicable laws.
  10) Prior to the resignation becoming effective, the                  15) A member of the Board of Commissioners who
      resigning member of the Board of Commissioners                        leaves their position, whether before or after
      remains responsible for completing their duties                       their term ends, except in cases of death, remains
      and responsibilities in accordance with the                           responsible for any actions not yet accounted for
      Articles of Association and applicable laws and                       by the GMS.
      regulations;
  11) A member of the Board of Commissioners who                        FIT AND PROPER TEST
      has resigned remains accountable for their
      actions as a Board member up to the date of                       New candidates for the Board of Commissioners
      approval of their resignation at the GMS;                         of BNI may only carry out their duties, tasks, and
  12) The discharge of responsibility for a resigning                   functions after receiving approval from OJK. This
      member of the Board of Commissioners is                           is in accordance with POJK No. 27/POJK.03/2016
      granted after the Annual GMS has given approval;                  regarding the Fit and Proper Test for Key Parties
  13) If the resignation of a member of the Board                       in Financial Service Institutions. Below is a list of
      of Commissioners results in the number                            BNI’s Board of Commissioners members who have
      of Commissioners falling below 3 (three)                          passed the Fit and Proper Test without any remarks
      members, the resignation is valid only if the                     and have received OJK approval:

  Fit and Proper Test
                                                                                                                Effective Date Based
    No.               Name                          Position                  Organizer            Result
                                                                                                                    on OJK Letter
     1    Pradjoto                           President                 Otoritas Jasa Keuangan       Pass         February 19, 2024
                                             Commissioner/
                                             Independent
                                             Commissioner
     2    Pahala Nugraha Mansury             Vice President            Otoritas Jasa Keuangan       Pass         Februari 19, 2024
                                             Commissioner
     3    Sigit Widyawan                     Independent               Otoritas Jasa Keuangan       Pass           March 15, 2023
                                             Commissioner
     4    Askolani                           Commissioner              Otoritas Jasa Keuangan       Pass           March 4, 2024
     5    Asmawi Syam                        Independent               Otoritas Jasa Keuangan       Pass           June 17, 2020
                                             Commissioner
     6    Septian Hario Seto                 Independent               Otoritas Jasa Keuangan       Pass          August 14, 2020
                                             Commissioner
     7    Iman Sugema                        Independent               Otoritas Jasa Keuangan       Pass          August 14, 2020
                                             Commissioner
     8    Erwin Rijanto Slamet               Independent               Otoritas Jasa Keuangan       Pass           August 6, 2021
                                             Commissioner
     9    Fadlansyah Lubis                   Commissioner              Otoritas Jasa Keuangan       Pass        December 23, 2022
    10    Robertus Billitea                  Commissioner              Otoritas Jasa Keuangan       Pass        September 11, 2023
    11    Mohamad Yusuf Permana              Commissioner              Otoritas Jasa Keuangan       Pass        September 2, 2024




                                                                                                            2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                    657
Page 57
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                                          2024           Report           Profile   Analysis on Company Performance      Functions



DUTIES AND RESPONSIBILITIES OF THE                                     being involved in decision-making related to the
BOARD OF COMMISSIONERS [ACGS D.1.3]                                    Bank’s operational activities, except in relation to:
                                                                       1) The provision of funds to related parties
In carrying out its supervisory function over the                         as regulated by the provisions regarding
management policies and the general course of                             the maximum limits of credit extension by
management of the Bank and its business activities                        commercial banks; and
undertaken by the Board of Directors, the Board of                     2) Other matters as regulated in the Bank’s Articles
Commissioners acts and is collectively responsible                        of Association or applicable laws and regulations.
with the assistance of supporting organs below
it, such as the Audit Committee, Risk Monitoring                       The decision-making in the Bank’s operational
Committee,      Nomination     and    Remuneration                     activities by the Board of Commissioners as
Committee, and Integrated Governance Committee,                        mentioned above is part of the supervisory duties of
according to their respective fields. In addition                      the Board of Commissioners but does not absolve
to fulfilling its supervisory role, the Board of                       the Board of Directors from responsibility for
Commissioners also plays an advisory role to                           managing the Bank.
the Board of Directors, including monitoring the
implementation of the Company’s Long-Term Plan,                        Duties and Responsibilities of the President
the Company’s Work Plan and Budget, and ensuring                       Commissioner [ACGS D.4.4]
the Bank’s compliance with applicable laws and                         The President Commissioner of BNI has the
regulations, in order to achieve the Bank’s interests                  following duties and responsibilities:
in accordance with the Bank’s objectives and goals.                    1) Coordinate the implementation of the Board of
                                                                           Commissioners’ tasks;
Based on Law No. 40 of 2007 regarding Limited                          2) Lead meetings of the Board of Commissioners;
Liability Companies, as amended by Law No. 6                           3) Sign       written     documents,     including
of 2023 on the Ratification of the Government                              correspondence with another Commissioner;
Regulation in Lieu of Law No. 2 of 2022 on Job                         4) Represent the Board of Commissioners in
Creation into Law, as further amended by Law                               attending meetings and events organized by the
No. 11 of 2020 on Job Creation, and the Articles of                        authorities, Series A Dwiwarna shareholders,
Association of BNI, the Board of Commissioners is                          and other agencies; and
obligated to:                                                          5) Represent the Board of Commissioners in
1) Comply with the Articles of Association and                             leading the General Meeting of Shareholders of
   applicable laws and regulations, as well as                             the Company.
   principles    of     professionalism,    efficiency,
   transparency, independence, accountability,                         Delegation of Duties to Members of the
   responsibility, fairness, and equality;                             Board of Commissioners [ACGS D.1.3]
2) Act in good faith, with caution, and responsibly in                 Considering the diversity within the Board
   carrying out its supervisory and advisory duties                    of Commissioners in terms of expertise and
   to the Board of Directors for the benefit of the                    professional experience, the Bank has clearly
   Company and in accordance with the Company’s                        defined the delegation of duties to each member of
   objectives and goals.                                               the Board of Commissioners, both as chairpersons
                                                                       or members of the committees formed by the Board
Meanwhile, to maintain objectivity and independence                    of Commissioners to assist in the implementation
in carrying out its supervisory functions and duties,                  of its supervisory duties collectively. The delegation
the Board of Commissioners is prohibited from                          of duties to each member of the Board of
                                                                       Commissioners of BNI is as follows:

January 1, 2024 – Mach 4, 2024 [ACGS D.1.3]
                                                                                            Committee Membership by the Board
 No.      Name               Position                               Period
                                                                                               of Commissioners Members
  1    Pradjoto       President                    • January 1, 2024 – December 31, 2024    • Nomination and Remuneration
                      Commissioner/                • January 1, 2024 – December 31, 2024      Committee Chairman
                      Independent                                                           • Integrated Governance Committee
                      Commissioner                                                            Chairman
  2    Pahala         Vice President               • January 1, 2024 – December 31, 2024    • Nomination and Remuneration
       Nugraha        Commissioner                 • January 1, 2024 – December 31, 2024      Committee Member
       Mansury                                                                              • Risk Monitoring Committee
                                                                                              Member
  3    Sigit          Independent                  • January 1, 2024 – December 31, 2024    • Nomination and Remuneration
       Widyawan       Commissioner                                                            Committee Member
                                                   • January 1, 2024 – December 31, 2024    • Audit Committee Member



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                                                                                                Committee Membership by the Board
       No.        Name             Position                             Period
                                                                                                   of Commissioners Members
           4   Askolani     Commissioner            • January 1, 2024 – December 31, 2024       • Nomination and Remuneration
                                                                                                  Committee Member
                                                    • January 1, 2024 – December 31, 2024       • Integrated Governance Committee
                                                                                                  Member
           5   Asmawi       Independent             • January 1, 2024 – December 31, 2024       • Audit Committee Chairman
               Syam         Commissioner            • January 1, 2024 – December 31, 2024       • Nomination and Remuneration
                                                                                                  Committee Member
           6   Septian      Independent             • January 1, 2024 – December 31, 2024       • Nomination and Remuneration
               Hario Seto   Commissioner                                                          Committee Member
                                                    • January 1, 2024 – December 31, 2024       • Risk Monitoring Committee
                                                                                                  Member
           7   Iman         Independent             • January 1, 2024 – December 31, 2024       • Nomination and Remuneration
               Sugema       Commissioner                                                          Committee Member
                                                    • January 1, 2024 – December 31, 2024       • Audit Committee Member
           8   Erwin        Independent             • January 1, 2024 – December 31, 2024       • Risk Monitoring Committee
               Rijanto      Commissioner                                                          Chairman
               Slamet                               • January 1, 2024 – December 31, 2024       • Nomination and Remuneration
                                                                                                  Committee Member
           9   Fadlansyah   Commissioner            • January 1, 2024 – December 31, 2024       • Nomination and Remuneration
               Lubis                                                                              Committee Member
                                                    • January 1, 2024 – December 31, 2024       • Risk Monitoring Committee
                                                                                                  Member
       10      Robertus     Commissioner            • January 1, 2024 – December 31, 2024       • Nomination and Remuneration
               Billitea                                                                           Committee Member
                                                    • January 1, 2024 – December 31, 2024       • Integrated Governance Committee
                                                                                                  Member
       11      Susyanto1)   Commissioner            • January 1, 2024 – March 4, 2024           • Nomination and Remuneration
                                                                                                  Committee Member
                                                    • January 1, 2024 –March 4, 2024            • Integrated Governance Committee
                                                                                                  Member
  1)
       Ceased to serve as Commissioner since March 4, 2024



  In 2024, there has been a change in the composition of the Bank’s Board of Commissioners as decided in the
  2024 AGMS. Thus, the division of duties and responsibilities of members of the BNI Board of Commissioners
  has been adjusted in accordance with the needs and development of the Bank to be as follows:

  March 4, 2024 – December 31, 2024 [ACGS D.1.3]
                                                                                                Committee Membership by the Board
       No.        Name              Position                             Period
                                                                                                   of Commissioners Members
       1       Pradjoto     President                  • January 1, 2024 – December 31,         • Nomination and Remuneration
                            Commissioner/                2024                                     Committee Chairman
                            Independent                • January 1, 2024 – December 31,         • Integrated Governance Committee
                            Commissioner                 2024                                     Chairman
       2       Pahala       Vice President             • January 1, 2024 – December 31,         • Nomination and Remuneration
               Nugraha      Commissioner                 2024                                     Committee Member
               Mansury                                 • January 1, 2024 – December 31,         • Risk Monitoring Committee Member
                                                         2024
       3       Sigit        Independent                • January 1, 2024 – December 31, 2024 • Nomination and Remuneration
               Widyawan     Commissioner                                                       Committee Member
                                                       • January 1, 2024 – December 31, 2024 • Audit Committee Member
       4       Askolani     Commissioner               • January 1, 2024 – December 31, 2024 • Nomination and Remuneration
                                                                                               Committee Member
                                                       • January 1, 2024 – December 31, 2024 • Integrated Governance Member
       5       Asmawi       Independent                • January 1, 2024 – December 31, 2024 • Audit Committee Chairman
               Syam         Commissioner               • January 1, 2024 – December 31, 2024 • Nomination and Remuneration
                                                                                               Committee Member
       6       Septian      Independent                • January 1, 2024 – December 31, 2024 • Nomination and Remuneration
               Hario Seto   Commissioner                                                       Committee Member
                                                       • January 1, 2024 – December 31, 2024 • Member of Risk Monitoring
                                                                                               Committee
       7       Iman         Independent                • January 1, 2024 – December 31, 2024 • Nomination and Remuneration
               Sugema       Commissioner               • January 1, 2024 – December 31, 2024   Committee Member
                                                                                             • Audit Committee Member

                                                                                                              2024 Annual Report
                                                                                            PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                     659
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                                                                                                  Committee Membership by the Board
     No.      Name                 Position                            Period
                                                                                                     of Commissioners Members
     8     Erwin           Independent                • January 1, 2024 – December 31, 2024 • Risk Monitoring Committee
           Rijanto         Commissioner               • January 1, 2024 – December 31, 2024   Chairman
           Slamet                                                                           • Nomination and Remuneration
                                                                                              Committee Member
     9     Fadlansyah      Commissioner               • January 1, 2024 – December 31, 2024 • Nomination and Remuneration
           Lubis                                      • January 1, 2024 – December 31, 2024   Committee Member
                                                                                            • Risk Monitoring Committee
                                                                                              Member
     10    Robertus        Commissioner               • January 1, 2024 – December 31, 2024 • Nomination and Remuneration
           Billitea                                   • January 1, 2024 – December 31, 2024   Committee Member
                                                                                            • Integrated Governance Committee
                                                                                              Member
     11    Mohamad         Commissioner               • October 22, 2024 – December 31,           • Nomination and Remuneration
           Yusuf                                        2024                                        Committee Member
           Permana1)                                  • October 22, 2024 – December 31,           • Integrated Governance Committee
                                                        2024                                        Member
1)
     Served as Commissioner since March 4, 2024 and effective based on OJK approval since September 2, 2024


AUTHORITY OF THE BOARD OF                                                 12. Attend Board of Directors’ meetings and provide
COMMISSIONERS                                                                 views on matters being discussed; and
                                                                          13. Exercise other supervisory authorities as long as
As stipulated in the Articles of Association, the Bank                        they do not conflict with laws and regulations,
delegates authority to the Board of Commissioners                             the Articles of Association, and/or resolutions of
to:                                                                           the General Meeting of Shareholders (GMS).
1. Examine books, letters, and other documents,
    verify cash, review other securities, and inspect                     DUTIES OF THE BOARD OF
    the Company’s assets;                                                 COMMISSIONERS
2. Enter the premises, buildings, and offices used
    by the Company;                                                       Meanwhile, the duties of the Board of Commissioners
3. Request explanations from the Board of Directors                       based on BNI’s Board of Commissioners Charter are
    and/or other officials regarding any matters                          as follows:
    related to the management of the Company;                             1. Provide advice to the Board of Directors in
4. Be informed of all policies and actions that have                         managing the Company;
    been and will be carried out by the Board of                          2. Provide opinions and approvals on the Company’s
    Directors;                                                               Work Plan and Annual Budget as well as other
5. Request the attendance of the Board of Directors                          work plans prepared by the Board of Directors, in
    and/or other officials under the Board of Directors,                     accordance with the provisions of the Articles of
    with the knowledge of the Board of Directors, at                         Association;
    Board of Commissioners’ meetings;                                     3. Monitor the Company’s activities, providing
6. Appoint and dismiss a Secretary to the Board of                           opinions and suggestions to the General Meeting
    Commissioners;                                                           of Shareholders (GMS) on any matters deemed
7. Temporarily dismiss members of the Board of                               important for the Company’s management;
    Directors in accordance with the provisions of                        4. Report to the Series A Dwiwarna Shareholder in
    the Articles of Association;                                             the event of indications of declining Company
8. Establish the Audit Committee, Nomination                                 performance;
    and Remuneration Committee, Risk Monitoring                           5. Propose to the GMS the appointment of a Public
    Committee, Integrated Governance Committee,                              Accountant and/or Public Accounting Firm to
    and other committees as deemed necessary,                                audit the Company’s books;
    considering the Company’s capabilities;                               6. Review and examine periodic reports and annual
9. Engage experts for specific matters and for a                             reports prepared by the Board of Directors and
    certain period at the Company’s expense, if                              sign the annual report;
    deemed necessary;                                                     7. Provide explanations, opinions, and suggestions
10. Undertake Company management actions under                               to the GMS regarding the Annual Report, if
    certain circumstances and for a specified period,                        requested;
    in accordance with the provisions of the Articles                     8. Prepare minutes of the Board of Commissioners’
    of Association;                                                          meetings and retain one copy;
11. Approve the appointment and dismissal of the                          9. Report to the Company regarding their share
    Corporate Secretary and/or Head of the Internal                          ownership and/or that of their family in the
    Audit Unit;                                                              Company and other companies;


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  10. Submit a report on supervisory duties carried out                      (5) Demolished      for   reconstruction     or
      during the past fiscal year to the GMS;                                    conversion into other fixed assets as
  11. Provide explanations on any matters requested                              budgeted by the GMS/Minister through
      by the Series A Dwiwarna Shareholder, taking                               the approval of the Company’s Work Plan
      into account laws and regulations, particularly                            and Budget (RKAP);
      those in the Capital Market and Banking sectors;                       (6) Demolished without reconstruction due to
  12. Direct, monitor, and evaluate the implementation                           alternative programs outlined in the RKAP;
      of integrated governance, risk management,                             (7) Demolished for government projects; and/
      compliance, and strategic policies of the                                  or
      Company in accordance with laws, the Articles of                       (8) Based on laws and/or legally binding court
      Association, and/or GMS resolutions;                                       decisions, the fixed asset is no longer
  13. Formulate the Board of Commissioners Charter                               owned or controlled by the State-Owned
      and the Governance Framework between the                                   Enterprise (SOE).
      Company’s Board of Commissioners and the                            c. Cooperating with business entities or other
      Boards of Commissioners of Subsidiaries,                               parties, in the form of Joint Operations
      considering regulations, especially in the Banking                     (KSO), Business Cooperation (KSU), License
      and Capital Market sectors;                                            Cooperation, Build Operate and Transfer
  14. Perform other duties related to supervisory and                        (BOT), Build, Transfer and Operate (BTO),
      advisory roles, provided they do not conflict with                     Build Operate and Own (BOO), and other
      laws, the Articles of Association, and/or GMS                          agreements of the same nature with a term
      resolutions;                                                           or value exceeding that determined by the
  15. Approve strategic matters in accordance with the                       Board of Commissioners;
      Articles of Association;                                            d. Determining and changing the Company’s
  16. Report to the Financial Services Authority (OJK)                       logo;
      no later than five (5) days after discovering:                      e. Determining the organizational structure 1
      (1) Violation of the provisions of laws and                            (one) level below the Board of Directors;
          regulations in the fields of finance, banking,                  f. Making capital participation, releasing capital
          and those related to the Bank’s business                           participation including changes to the capital
          activities; and/or                                                 structure with a certain value determined
      (2) Conditions or potential conditions that could                      by the Board of Commissioners in other
          endanger the Company’s business continuity                         Companies, subsidiaries, and joint ventures
  17. Safeguard all data and information related to                          that are not in the context of rescuing
      the Bank provided by the Board of Directors, in                        receivables by considering the provisions in
      accordance with applicable laws;                                       the Capital Market and Banking sectors;
  18. Provide written approval for legal actions                          g. Establishing subsidiaries and/or joint ventures
      undertaken by the Board of Directors as required                       with a certain value determined by the
      by BNI’s Articles of Association, taking into                          Board of Commissioners by considering the
      account laws and regulations in the Capital                            provisions in the Capital Market and Banking
      Market and Banking sectors:                                            sectors;
      a. Release/transfer and/or pledge the Company’s                     h. Propose representatives of the Company to
          assets with criteria and values ​​exceeding a                      become candidates for Members of the Board
          certain amount determined by the Board of                          of Directors and Board of Commissioners
          Commissioners, except for the Company’s                            in subsidiaries that provide significant
          assets in the context of implementing the                          contributions to the Company and/or have
          Company’s business activities in accordance                        strategic value as determined by the Board of
          with applicable laws and regulations, which                        Commissioners;
          include assets in the form of credit, securities,               i. Conduct         mergers,      amalgamations,
          collateral taken over, movable goods, and                          acquisitions, separations, and dissolutions
          other assets obtained in the context of the                        of subsidiaries and joint ventures with a
          Company’s business activities by taking into                       certain value determined by the Board of
          account provisions in the capital market and                       Commissioners by taking into account
          banking sectors;                                                   provisions in the Capital Market and Banking
      b. Writing off fixed assets under certain                              sector;
          conditions:                                                     j. Conduct actions included in material
          (1) Lost;                                                          transactions as stipulated by laws and
          (2) Destroyed;                                                     regulations in the capital market sector with
          (3) Irreparably damaged or non-transferable                        a certain value determined by the Board
              (total loss);                                                  of Commissioners, unless such actions
          (4) Disposal costs exceeding the economic                          are included in material transactions that
              value obtained from the disposal;
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       are excluded by the applicable Laws and                    1. A member of the Board of Directors, Board of
       Regulations in the Capital Market and Banking                 Commissioners, Sharia Supervisory Board,
       sector;                                                       or Executive Officer in financial institutions or
    k. Actions that have not been stipulated in the                  financial companies, whether banking or non-
       RKAP;                                                         banking;
    I. The act of transferring including selling,                 2. A member of the Board of Directors, Board of
       releasing the right to collect and/or no longer               Commissioners, Sharia Supervisory Board,
       collecting:                                                   or Executive Officer in more than one (1) non-
       (1) Bad principal receivables that have been                  financial institution or company, whether
           written off in order to settle credit, either in          domiciled domestically or abroad;
           part or in whole; and                                  3. A functional position in banking financial
       (2) The difference between the value of bad                   institutions     and/or  non-banking       financial
           principal receivables that have been                      institutions, whether domiciled domestically or
           written off and the transfer value including              abroad;
           sale or with the value of the release of               4. Any other position that may cause a conflict of
           rights;                                                   interest in the performance of duties as a member
       is carried out based on the policy of the                     of the Board of Commissioners; and/or
       Board of Directors that has been approved                  5. Any other position as stipulated by prevailing
       by the Board of Commissioners and within                      laws and regulations.
       the amount of the write-off ceiling (limit) that
       has been determined by the GMS which will                  However, the concurrent positions as referred to
       remain in effect until a new ceiling (limit) is            above do not include the following:
       determined by the GMS.                                     1. Members of the Board of Commissioners serving
                                                                     as members of the Board of Directors, members
The approval of the Board of Commissioners                           of the Board of Commissioners, or executive
concerning points a, c, f, g, h, and i above, with                   officers performing supervisory functions in one
certain limitations and/or criteria, is determined in                (1) non-bank subsidiary controlled by the Bank;
accordance with the limitations and/or criteria that              2. Non-Independent       Commissioners        carrying
have received approval from the Series A Dwiwarna                    out functional duties on behalf of the Bank’s
Shareholder. The determination of such limitations                   shareholders in the form of legal entities within
and/or criteria by the Board of Commissioners for                    the Bank and/or the Bank’s business group; and/
matters as referred to in points a, c, f, g, h, and i                or
above has also been established by the Board of                   3. Members of the Board of Commissioners
Commissioners in accordance with the specific                        holding positions in non-profit organizations or
limitations and/or criteria that have received                       institutions, provided that such roles do not cause
approval from the Series A Dwiwarna Shareholder,                     them to neglect their duties and responsibilities
as outlined in the Board of Commissioners’ Decree.                   as members of the Board of Commissioners.

POLICY ON CONCURRENT POSITIONS OF                                 POLICY ON CONCURRENT POSITIONS
THE BOARD OF COMMISSIONERS [ACGS D.2.6,                           FOR THE BOARD OF COMMISSIONERS,
D.2.7]                                                            INCLUDING INDEPENDENT
                                                                  COMMISSIONERS [ACGS E.2.6]
Referring to BNI’s Board of Commissioners
Charter and as stipulated in the Regulation of the                To ensure the implementation of Good Corporate
Minister of State-Owned Enterprises No. PER-3/                    Governance principles in carrying out its duties
MBU/03/2023 on the Organs and Human Resources                     and functions, the Board of Commissioners
of State-Owned Enterprises, each member of BNI’s                  has established a policy prohibiting concurrent
Board of Commissioners is permitted to hold                       positions for its members. This policy is further
concurrent positions as a member of the Board of                  regulated in the Board of Commissioners Charter
Commissioners in other business entities, provided                pursuant to the Board of Commissioners Decree
it complies with sectoral laws and regulations.                   No. KEP/024/DK/2024 dated September 10, 2024.
Furthermore, in accordance with the Financial                     Additionally, the prohibition of concurrent positions
Services Authority Regulation (OJK) No. 17 of                     for the Board of Commissioners is stipulated in
2023 concerning Governance Implementation for                     BNI’s GCG Guidelines, which specify that members
Commercial Banks, all members of the Bank’s Board                 of the Board of Commissioners are prohibited from
of Commissioners are prohibited from holding                      holding concurrent positions as:
concurrent positions as:




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  a. Members of the Board of Directors, members of the Board of Commissioners/Supervisory Board, or
     Executive Officers in financial institutions or financial companies, both banking and non-banking;
  b. Members of the Board of Directors, members of the Board of Commissioners, or Executive Officers in
     more than one (1) non-financial institution or company, whether publicly listed or non-listed, domiciled
     domestically or abroad;
  c. Holding functional roles in banking financial institutions and/or non-banking financial institutions
     domiciled domestically or abroad;
  d. Administrators of political parties and/or candidates/members of the House of Representatives (DPR),
     Regional Representative Council (DPD), Provincial Regional House of Representatives (DPRD), and
     Regency/Municipal Regional House of Representatives;
  e. Candidates for regional heads/deputy regional heads and/or regional heads/deputy regional heads,
     including acting regional heads/deputy regional heads;
  f. Other positions that may create conflicts of interest in performing duties as members of the Board of
     Commissioners; and/or
  g. Other positions as stipulated by applicable laws and regulations.

  Information regarding the concurrent positions of the Bank’s Board of Commissioners as of December 31,
  2024, is outlined as follows:
                                                 Member of      Management Board of
                                                the Board of       Political Parties      Other
                                             Directors of State and/or Candidates/     Positions in          Other
                                                   Owned           Member of DPR,      Accordance        Positions that
        Name           Position at the                                                                                     Position in a
                                                Enterprises,     DPD, DPRD Level I,      with the          Can Cause
                            Bank                                                                                            Subsidiary
                                             Regional Owned       and DPRD Level II    Provisions of      a Conflict of
                                                Enterprises,     and/or Candidates      Laws and            Interest
                                              Private Owned      for Regional Head/    Regulations
                                                 Enterprises    Deputy Regional Head
   Pradjoto           President                     No                   No                  No                No               No
                      Commissioner/
                      Independent
                      Commissioner
   Pahala             Vice President                No                   No                  No                No               No
   Nugraha            Commissioner
   Mansury
   Sigit              Independent                   No                   No                  No                No               No
   Widyawan           Commissioner
   Askolani           Commissioner                  No                   No                  No                No               No
   Asmawi Syam        Independent                   No                   No                  No                No               No
                      Commissioner
   Septian Hario      Independent                   No                   No                  No                No               No
   Seto               Commissioner
   Iman Sugema        Independent                   No                   No                  No                No               No
                      Commissioner
   Erwin Rijanto      Independent                   No                   No                  No                No               No
   Slamet             Commissioner
   Fadlansyah         Commissioner                  No                   No                  No                No               No
   Lubis
   Robertus           Commissioner                  No                   No                  No                No               No
   Billitea
   Mohamad            Commissioner                  No                   No                  No                No               No
   Yusuf Permana


  MANAGEMENT OF CONFLICT OF INTEREST FOR THE BOARD OF COMMISSIONERS [ACGS A.8.2]

  The policy for managing conflicts of interest within the Bank’s Board of Commissioners is clearly outlined
  in the Conflict of Interest Handling Guidelines No. IN/119/CMP/001 dated December 27, 2024. In these
  guidelines, the Bank encourages all members of the Board of Commissioners to avoid situations that may
  potentially create conflicts of interest between personal interests and the interests of the Bank. In the event
  of a conflict of interest, the Board of Commissioners is prohibited from taking actions that could harm or
  reduce the Bank’s benefits and is required to disclose any potential conflicts of interest in every decision-
  making process. To prevent activities that may lead to conflicts of interest, each member of the Board of
  Commissioners must always:



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1) Prioritize the interests of the Company and avoid              PARTICIPATION OF THE BOARD OF
   actions that may compromise the Company’s                      COMMISSIONERS IN ASSOCIATIONS AND/
   financial standing in the event of a conflict of               OR PROFESSIONAL ORGANIZATIONS
   interest;
2) Refrain from participating in decision-making                  Several members of BNI’s Board of Commissioners
   processes in situations where conflicts of interest            are registered as active members in various
   exist;                                                         associations or professional organizations. The
3) Disclose any familial, financial, managerial, or               active participation of Board members in such
   ownership relationships with other members of                  associations or organizations does not interfere with
   the Board of Commissioners and/or members                      the fulfillment of their duties and responsibilities as
   of the Board of Directors and/or the Bank’s                    members of the Bank’s Board of Commissioners, and
   controlling shareholders and/or other parties                  as such, it is not categorized as holding concurrent
   related to the Company’s business activities; and              positions.
4) Make the necessary disclosures if decisions must
   still be made under circumstances involving a
   conflict of interest.

 No.          Name                  Position                        Position at the Association/Organization
  1    Pradjoto                President            • Member of the Association of Capital Market Legal Consultants (HKHPM)
                               Commissioner/        • Indonesian Advocates Association Member (Peradi)
                                                    • Chairman of the Banking Business Ethics Supervisory Board of the
                               Independent            National Bank Association (PERBANAS)
                               Commissioner         • Code of Ethics Board of the Risk Management Certification Board (BSMR)
                                                    • Member of the Supervisory Board of the Indonesian Bankers Association
                                                      (IBI)
                                                    • Member of Advisory Board of Bankers Association for Risk Management
                                                      (BARa)
  2    Pahala Nugraha          Vice President       Member of the Supervisory Board of the National Bank Association
       Mansury                 Commissioner         (Perbanas)
  3    Sigit Widyawan          Independent          -
                               Commissioner
  4    Askolani                Commissioner         -
  5    Asmawi Syam             Independent          -
                               Commissioner
  6    Septian Hario Seto      Independent          -
                               Commissioner
  7    Iman Sugema             Independent          -
                               Commissioner
  8    Erwin Rijanto Slamet    Independent          -
                               Commissioner
  9    Fadlansyah Lubis        Commissioner         -
 10    Robertus Billitea       Commissioner         Indonesian Advocates Association Member (Peradi)
 11    Mohamad Yusuf           Commissioner         -
       Permana


LOAN POLICY FOR THE BOARD OF COMMISSIONERS [ACGS A.8.3]

BNI does not prohibit and has established a loan policy for the Board of Commissioners, which is
implemented in accordance with BNI’s prevailing credit policies, guided by applicable regulations, and
subject to the same terms and conditions as loans granted to non-affiliated parties. The loan policy for the
Board of Commissioners is applied based on the principles of an arm’s length basis and at market rates, as
stipulated in the Corporate Guidelines for Business and Consumer Banking Credit.

Independence of the Board of Commissioners
All members of BNI’s Board of Commissioners consistently perform their duties and responsibilities
independently from management to ensure the effective execution of their functions. Accordingly, at least
50% (fifty percent) of the total members of the Board of Commissioners are Independent Commissioners,
which is in line with the Bank’s Governance Policy. The involvement of independent parties within the Board
of Commissioners in every decision-making process is believed to help ensure that governance bodies are
not influenced by conditions that may give rise to conflicts of interest, thereby enabling decisions to be
made in the strategic interests of shareholders and the Bank.

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  At the beginning of each year, every member of the Board of Commissioners signs an independence
  declaration to affirm their independent status. Additionally, the Board of Commissioners reconfirms whether
  any situations involving conflicts of interest with the Bank occurred in the past year related to their actions.
  If there is any change in status that affects the independence of a Board member during their term of
  office including changes in personal or family share ownership in BNI or in other banks, non-bank financial
  institutions, or companies, the concerned Board member is required to report and disclose such conflicts of
  interest to the Bank.

  Share Ownership of the Board of Commissioners [ACGS C.1.3]
  All members of the Bank’s Board of Commissioners have disclosed their share ownership transparently,
  both in BNI and in other banks or companies. The share ownership of each member of the Board of
  Commissioners is presented in the table below:

  Share Ownership of the Board of Commissioners as of December 31, 2024
                                                                                               Share Ownership
                 Name                            Position
                                                                                    BNI                      Other Bank or Company
   Pradjoto                              President Commissioner/                                  None                  None
                                         Independent
                                         Commissioner
   Pahala Nugraha Mansury                Vice President                677,291 shares (0.0018159%)                      None
                                         Commissioner
   Sigit Widyawan                        Independent                                              None                  None
                                         Commissioner
   Askolani                              Commissioner                 1,752,462 shares (0.0046986%)                     None
   Asmawi Syam                           Independent                                              None                  None
                                         Commissioner
   Septian Hario Seto                    Independent                                              None                  None
                                         Commissioner
   Iman Sugema                           Independent                                              None                  None
                                         Commissioner
   Erwin Rijanto Slamet                  Independent                                              None                  None
                                         Commissioner
   Fadlansyah Lubis                      Commissioner                  986,860 shares (0.0026459%)                      None
   Robertus Billitea                     Commissioner                  864,066 shares (0.0023167%)                      None
   Mohamad Yusuf Permana                 Commissioner                                             None                  None


  Board of Commissioners Meetings                                       7. Attendance and Decision-Making Process;
                                                                        8. Documentation and Administrative Management
  Policies and Implementation of Board of                                   of Meeting Minutes;
  Commissioners Meetings                                                9. Meeting Confidentiality;
  Based on the Decree of the Board of Commissioners                     10. Board of Commissioners’ Resolutions Outside of
  No.    KEP/024/DK/2024,      dated    October  22,                        Meetings;
  2024, concerning the Charter of the Board of                          11. Board    of  Commissioners      Meetings    via
  Commissioners, further elaborated in the Decree of                        Teleconference Media; and
  the Board of Commissioners No. KEP/025/DK/2024                        12. Format and Presentation Materials for Meetings.
  dated October 22, 2024, regarding the Rules of
  Procedure for the Board of Commissioners Meetings                     As stipulated in the Procedures and Mechanisms
  and Joint Meetings of the Board of Commissioners                      for Board of Commissioners Meetings, the Bank
  and the Board of Directors of PT Bank Negara                          categorizes meetings into the following types:
  Indonesia (Persero)Tbk, the Board of Commissioners                    1) Board of Commissioners Meetings (Rakom),
  has established procedures and mechanisms for                            Including Internal Meetings of the Board of
  conducting meetings. These provisions primarily                          Commissioners;
  cover the following aspects:                                          2) Board of Commissioners Meetings with Invitees
  1. Schedule of Meetings;                                                 Directors of specific Divisions/Sectors or Senior
  2. Meeting Agenda;                                                       Executive Vice Presidents (SEVP);
  3. Meeting Venue;                                                     3) Joint Meetings of the Board of Directors and
  4. Meeting Participants;                                                 Board of Commissioners (Radikom), attended by
  5. Proxies and Representation;                                           both Boards along with the Corporate Secretary
  6. Meeting Notifications;                                                and the Secretary to the Board of Commissioners.
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In general, the implementation of the Board of Commissioners Meetings is conducted in accordance with the
provisions of the Financial Services Authority Regulation (POJK) No. 33/POJK.04/2014 concerning the Board
of Directors and the Board of Commissioners of Issuers or Public Companies, as well as with reference to
the BNI Board of Commissioners Charter:

Meeting Organization           1) All decisions of the Board of Commissioners are taken in a Board of Commissioners
                                  meeting.
                               2) The Board of Commissioners must hold a periodic Board of Commissioners Meeting at
                                  least 1 (one) time every 2 (two) months.
                               3) The Board of Commissioners must hold a Board of Commissioners Meeting with the Board
                                  of Directors periodically at least 1 (one) time every 4 (four) months.
                               4) The Board of Commissioners Meeting as referred to in points 2 and 3 is held if attended by
                                  the majority of members of the Board of Commissioners.
                               5) The Board of Commissioners must determine the rules of procedure for the Board of
                                  Commissioners meeting.
                               6) The Board of Commissioners may hold a meeting at any time at the request of 1 (one)
                                  or several members of the Board of Commissioners or the Board of Directors, stating the
                                  matters to be discussed.
                               7) The Board of Commissioners may also make valid decisions without holding a Board of
                                  Commissioners Meeting provided that all members of the Board of Commissioners have
                                  been notified in writing and all members of the Board of Commissioners give their approval
                                  regarding the proposal submitted in writing and sign the approval. Decisions taken in
                                  this manner have the same force as decisions taken validly in a Board of Commissioners
                                  Meeting.
                               8) In the event that a member of the Board of Commissioners is unable to attend the Meeting
                                  physically, then the member of the Board of Commissioners may attend the Meeting of the
                                  Board of Commissioners face-to-face by utilizing information technology.
                               9) Every member of the Board of Commissioners who personally in any way, either directly
                                  or indirectly, has an interest in a transaction, contract or proposed contract in which the
                                  Company is a party, must declare the nature of his/her interest in a Meeting of the Board of
                                  Commissioners and shall not be entitled to participate in voting on matters relating to the
                                  transaction or contract
Meeting Summons                1) The summons for the Board of Commissioners Meeting must be made by the President
                                  Commissioner, in the event that the President Commissioner is unable to attend, the
                                  summons for the Meeting must be made by the Deputy President Commissioner. However,
                                  in the event that the Deputy President Commissioner is unable to attend for any reason,
                                  the summons for the Meeting must be made by one of the members of the Board of
                                  Commissioners.
                               2) The summons for the Board of Commissioners Meeting must be made in writing and
                                  delivered or submitted directly to each member of the Board of Commissioners with adequate
                                  receipt or by registered mail or by courier service or by telex, facsimile, or electronic mail
                                  (e-mail) no later than 5 (five) working days before the meeting is held, excluding the date
                                  of the summons and the date of the meeting or in a shorter time if in urgent circumstances.
                                   [ACGS D.3.6, E.3.6]
                               3) The summons for the Board of Commissioners Meeting must include the agenda, date,
                                  time, and place of the meeting. The Board of Commissioners Meeting is held at the
                                  Company's domicile or at another place within the territory of the Republic of Indonesia or
                                  at the Company's place of business activities.
                               4) The materials for the Board of Commissioners Meeting shall be distributed to all meeting
                                  participants no later than 5 (five) working days before the meeting is held, unless the
                                  meeting is held outside the schedule, the meeting materials may be delivered before the
                                  meeting is held.
                               5) The summons as mentioned above is not required for meetings that have been scheduled
                                  based on the decision of the Board of Commissioners Meeting held previously.
Attendance and                 1) The Board of Commissioners Meeting is led by the President Commissioner, if the President
Chairmanship of Board of          Commissioner is absent or prevented, then the Deputy President Commissioner who leads
Commissioners Meetings            the Meeting of the President Commissioner or a member of the Board of Commissioners
                                  appointed in writing by the President Commissioner who leads the Meeting if at the same
                                  time the Deputy President Commissioner is absent or prevented, or a member of the Board
                                  of Commissioners appointed by the Deputy President Commissioner who leads the Meeting
                                  of the Board of Commissioners if at the same time the President Commissioner is absent or
                                  prevented and does not make an appointment.
                               2) In the event that the Deputy President Commissioner does not make an appointment, then
                                  one of the Board of Commissioners who has served the longest as a member of the Board
                                  of Commissioners acts as the Chair of the Board of Commissioners Meeting.
                               3) In the event that the member of the Board of Commissioners who has served the longest as
                                  a member of the Company's Board of Commissioners is more than 1 (one) person, then the
                                  member of the Board of Commissioners as referred to in number 2 above who is the oldest
                                  in age acts as the Chair of the Board of Commissioners Meeting.
                               4) The implementation of the Board of Commissioners Meeting must be attended by all
                                  members of the Board of Commissioners physically at least 2 (two) times in 1 (one) year.




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   Quorum and Decision               1) The Board of Commissioners Meeting is valid and has the right to make binding decisions if
   Making [ACGS D.3.4]                  attended and/or represented by more than 1/2 (one half) of the total number of members of
                                        the Board of Commissioners.
                                     2) In the event that there is more than one proposal, a re-election shall be held so that one of
                                        the proposals obtains more than 1/2 (one half) of the total number of votes cast. [ACGS E.3.4]
                                     3) In the Board of Commissioners Meeting, each member of the Board of Commissioners has
                                        the right to cast 1 (one) vote and an additional 1 (one) vote for each other member of the
                                        Board of Commissioners legally represented at the meeting.
                                     4) Blank votes (abstain) are considered to agree to the proposal submitted at the meeting.
                                        Invalid votes are considered non-existent and are not counted in determining the number of
                                        votes cast at the meeting.
                                     5) Voting regarding a person is carried out using a closed ballot without a signature, while
                                        voting regarding other matters is carried out verbally, unless the Chairperson of the Meeting
                                        determines otherwise without any objection based on the majority of votes from those
                                        present.
                                     6) Decisions of the Board of Commissioners Meeting must be taken based on deliberation to
                                        reach consensus. If a decision based on deliberation for consensus is not reached, then the
                                        decision must be taken by voting based on the affirmative votes of more than 1⁄2 (one half)
                                        of the total valid votes cast at the relevant meeting.
                                     7) All decisions of the Board of Commissioners are binding on all members of the Board of
                                        Commissioners.
   Minutes of Meeting                1) The results of the Board of Commissioners Meeting must be stated in the Minutes of Meeting.
                                         The Minutes of Meeting must be made by a person present at the meeting appointed by the
                                         Chairperson of the Meeting and then signed by all members of the Board of Commissioners
                                         present and submitted to all members of the Board of Commissioners.
                                     2) The results of the Board of Commissioners Meeting with the Board of Directors must be
                                         stated in the Minutes of Meeting. The Minutes of Meeting must be made by a person
                                         present at the meeting appointed by the Chairperson of the Meeting and then signed by all
                                         members of the Board of Commissioners and members of the Board of Directors present
                                         and submitted to all members of the Board of Commissioners and members of the Board of
                                         Directors.
                                     3) The Minutes of Meeting as referred to in points 1 and number 2 above contain the matters
                                         discussed including dissenting opinions that occur along with the reasons for the differences
                                         of opinion, if any, and the matters decided.
                                     4) In the event that there are members of the Board of Commissioners and/or members of the
                                         Board of Directors who do not sign the results of the meeting as referred to in points 1 and 2
                                         above, the person concerned must state the reasons in writing in a separate letter attached
                                         to the Minutes of Meeting.
                                     5) The Minutes of Meeting as referred to in points 1 and number 2 above must be documented
                                         by the Company.
                                     6) Minutes of the Board of Commissioners Meeting are valid evidence for members of the
                                         Board of Commissioners and for third parties regarding the decisions taken at the relevant
                                         Meeting.
   Decision Outside the Board        The Board of Commissioners may also adopt valid decisions without convening a Board of
   of Commissioners Meeting          Commissioners meeting, provided that all members of the Board of Commissioners have been
                                     notified in writing and all members have given their written approval of the proposed resolution
                                     and signed the said approval. Decisions made in this manner shall have the same legal force as
                                     decisions validly made in a Board of Commissioners meeting.


  Attendance of the Board of Commissioners in Board of Commissioners Meetings, Joint
  Meetings with the Board of Directors, and General Meeting of Shareholders (GMS) [ACGS D.3.2,
  D.3.3]
  In 2024, the Board of Commissioners held a total of 53 (fifty-three) Board of Commissioners Meetings,
  including 7 (seven) Joint Meetings with the Board of Directors and 1 (one) General Meeting of Shareholders
  (GMS). The following table presents the frequency and attendance of each member of the Board of
  Commissioners:
                                        Board of Commissioners                                                           Annual GMS for
                                                                                    BOC-BOD Meetings
                                         Meetings [ACGS D.3.5]                                                           Fiscal Year 2023
      Name            Position          Total and (%) Attendance                  Total and (%) Attendance            Total and (%) Attendance
                                      Total                                      Total                               Total
                                             Attendance              %                  Attendance         %                Attendance      %
                                     Meeting                                    Meeting                             Meeting
   Pradjoto 1)    President                  53              53        100           7           7         100            1           1     100
                  Commissioner/
                  Independent
                  Commissioner
   Pahala         Vice President             45              38            84        5           4             80         1           1     100
   Nugraha        Commissioner
   Mansury 2)



                                                                                                                    2024 Annual Report
                                                                                                  PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                            667
Page 67
                                          Performa     Management         Company           Management Discussion and       Business Support
                                            2024         Report            Profile        Analysis on Company Performance      Functions



                                       Board of Commissioners                                                      Annual GMS for
                                                                            BOC-BOD Meetings
                                        Meetings [ACGS D.3.5]                                                      Fiscal Year 2023
    Name             Position          Total and (%) Attendance           Total and (%) Attendance             Total and (%) Attendance
                                     Total                               Total                                Total
                                            Attendance         %                Attendance          %                Attendance           %
                                    Meeting                             Meeting                              Meeting
 Sigit    Independent                     53           53       100          7               7       100           1            1     100
 Widyawan Commissioner
 Susyanto3) Commissioner                  13           13       100          2               2       100           1            1     100
 Askolani       Commissioner              53           48          91        7               6          86         1            1     100
 Fadlansyah Commissioner                  53           53       100          7               7       100           1            1     100
 Lubis
 Asmawi         Independent               53           53       100          7               7       100           1            1         100
 Syam           Commissioner
 Iman           Independent               53           52          98        7               7       100           1            1         100
 Sugema         Commissioner
 Mohamad Commissioner                     17           15          88        2               2       100            -           -             -
 Yusuf
 Permana 4)
 Septian    Independent                   53           51          96        7               7       100           1            1     100
 Hario Seto Commissioner
 Erwin          Independent               53           52          98        7               7       100           1            1     100
 Rijanto        Commissioner
 Slamet
 Robertus       Commissioner              53           43          81        7               6          86         1            1         100
 Billitea
1) Effectively changed his position from Vice President Commissioner to President Commissioner based on OJK approval since February 19,
   2024.
2) Effective as Vice President Commissioner based on OJK approval since February 19, 2024
3) Ceased to serve as Commissioner since March 4, 2024
4) Served as Commissioner since March 4, 2024 and effective based on OJK approval since September 2, 20244



Throughout 2024, the Board of Commissioners held a total of 53 (fifty-three) Board of Commissioners
Meetings, including 7 (seven) Joint Meetings with the Board of Directors, with an average attendance rate
of 95%.

Agenda, Dates, and Participants of the Board of Commissioners Meetings in 2024 [ACGS D.3.5]
Throughout 2024, the Board of Commissioners conducted 53 (fifty-three) meetings, with details of the
agenda, dates, and participants as follows:

 No.            Date                     Meeting Agenda                     Meeting Participants              Attendance        Notes
  1.   January 4, 2024          Board of Commissioners meeting          1. Pradjoto  1)
                                                                                                             1. Present         Hybrid
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)         2. Present
                                Credit Consultation to the Board of     3. Sigit Widyawan                    3. Present
                                Commissioners                           4. Askolani                          4. Present
                                                                        5. Asmawi Syam                       5. Present
                                                                        6. Septian Hario Seto                6. Present
                                                                        7. Iman Sugema                       7. Present
                                                                        8. Susyanto 3)                       8. Present
                                                                        9. Erwin Rijanto Slamet              9. Present
                                                                        10. Fadlansyah Lubis                 10. Present
                                                                        11. Robertus Billitea                11. Present
  2.   January 11, 2024         Board of Commissioners meeting          1. Pradjoto 1)                       1. Present         Hybrid
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)         2. Present
                                1. Discussion of Proposed Schedule      3. Sigit Widyawan                    3. Present
                                   and Agenda of BNI Annual GMS         4. Askolani                          4. Present
                                   for Fiscal Year 2023                 5. Asmawi Syam                       5. Present
                                2. Appointment of Independent           6. Septian Hario Seto                6. Present
                                   Consultant for the Board of          7. Iman Sugema                       7. Present
                                   Directors and the Board of           8. Susyanto 3)                       8. Present
                                   Commissioners Remuneration           9. Erwin Rijanto Slamet              9. Present
                                3. Credit Consultation to the Board     10. Fadlansyah Lubis                 10. Present
                                   of Commissioners                     11. Robertus Billitea                11. Absent




 668       Transforming the Future, Empowering Indonesia
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Capital & Risk Management   Good Corporate     Social & Environmental      ESG        Financial
         Practices           Governance            Responsibility       Commitment   Statements



    No.          Date                        Meeting Agenda                 Meeting Participants         Attendance          Notes
    3.    January 18, 2024      Board of Commissioners and the          1. Pradjoto 1)                 1. Present           Hybrid
                                Board of Directors Meeting              2. Pahala Nugraha Mansury 2)   2. Present
                                1. Audit Closing Meeting for 2023       3. Sigit Widyawan              3. Present
                                   Fiscal Year                          4. Askolani                    4. Present
                                2. BNI Health Level (Bank Only) as      5. Asmawi Syam                 5. Present
                                   of December 31, 2023                 6. Septian Hario Seto          6. Present
                                                                        7. Iman Sugema                 7. Present
                                                                        8. Susyanto 3)                 8. Present
                                                                        9. Erwin Rijanto Slamet        9. Present
                                                                        10. Fadlansyah Lubis           10. Present
                                                                        11. Robertus Billitea          11. Absent
     4    January 25, 2024      Board of Commissioners and the          1. Pradjoto 1)                 1. Present           Hybrid
                                Board of Directors Meeting              2. Pahala Nugraha Mansury 2)   2. Present
                                1. BNI Financial Performance as of      3. Sigit Widyawan              3. Present
                                   December 31, 2023                    4. Askolani                    4. Present
                                2. Supervision of BNI DPLK              5. Asmawi Syam                 5. Present
                                   Business Plan Realization for        6. Septian Hario Seto          6. Present
                                   Semester II/2023                     7. Iman Sugema                 7. Present
                                                                        8. Susyanto 3)                 8. Present
                                                                        9. Erwin Rijanto Slamet        9. Present
                                                                        10. Fadlansyah Lubis           10. Present
                                                                        11. Robertus Billitea          11. Present
    5.    January 31, 2024      Board of Commissioners meeting          1. Pradjoto 1)                 1. Present           Hybrid
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)   2. Present
                                Credit Consultation to the Board of     3. Sigit Widyawan              3. Present
                                Commissioners                           4. Askolani                    4. Present
                                                                        5. Asmawi Syam                 5. Present
                                                                        6. Septian Hario Seto          6. Present
                                                                        7. Iman Sugema                 7. Present
                                                                        8. Susyanto 3)                 8. Present
                                                                        9. Erwin Rijanto Slamet        9. Present
                                                                        10. Fadlansyah Lubis           10. Present
                                                                        11. Robertus Billitea          11. Absent
    6.    February 7, 2024      Board of Commissioners meeting          1. Pradjoto 1)                 1. Present           Hybrid
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)   2. Present
                                1. Credit Consultation to the Board     3. Sigit Widyawan              3. Present
                                   of Commissioners                     4. Askolani                    4. Present
                                2. DPLK BNI Health Level in 2023        5. Asmawi Syam                 5. Present
                                                                        6. Septian Hario Seto          6. Present
                                                                        7. Iman Sugema                 7. Present
                                                                        8. Susyanto 3)                 8. Present
                                                                        9. Erwin Rijanto Slamet        9. Present
                                                                        10. Fadlansyah Lubis           10. Present
                                                                        11. Robertus Billitea          11. Present
     7.   February 13,          Board of Commissioners meeting          1. Pradjoto 1)                 1. Present           Online
          2024                  invites the relevant Director           2. Pahala Nugraha Mansury 2)   2. Present
                                1. Talent Development Policy            3. Sigit Widyawan              3. Present
                                2. Board of Commissioners               4. Askolani                    4. Present
                                   Development Program 2024             5. Asmawi Syam                 5. Present
                                3. Outsourcing Labor Management         6. Septian Hario Seto          6. Present
                                   Policies and Procedures              7. Iman Sugema                 7. Present
                                                                        8. Susyanto 3)                 8. Present
                                                                        9. Erwin Rijanto Slamet        9. Present
                                                                        10. Fadlansyah Lubis           10. Present
                                                                        11. Robertus Billitea          11. Present
    8.    February 15,          Board of Commissioners meeting          1. Pradjoto 1)                 1. Present           Hybrid
          2024                  invites the relevant Director           2. Pahala Nugraha Mansury 2)   2. Present
                                1. Internal Audit Review                3. Sigit Widyawan              3. Present
                                2. Determination of HPS for             4. Askolani                    4. Present
                                   Procurement of General Audit         5. Asmawi Syam                 5. Present
                                   Services for Financial Year 2024     6. Septian Hario Seto          6. Present
                                3. Credit Consultation to the Board     7. Iman Sugema                 7. Present
                                   of Commissioners                     8. Susyanto 3)                 8. Present
                                                                        9. Erwin Rijanto Slamet        9. Present
                                                                        10. Fadlansyah Lubis           10. Present
                                                                        11. Robertus Billitea          11. Absent




                                                                                                           2024 Annual Report
                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                  669
Page 69
                                     Performa      Management      Company       Management Discussion and       Business Support
                                       2024          Report         Profile    Analysis on Company Performance      Functions



No.         Date                     Meeting Agenda                  Meeting Participants          Attendance        Notes
9.    February 20,        Board of Commissioners meeting         1. Pradjoto 1)                  1. Present          Hybrid
      2024                invites the relevant Director          2. Pahala Nugraha Mansury 2)    2. Present
                          1. Review of Board of Directors        3. Sigit Widyawan               3. Present
                             and Board of Commissioners          4. Askolani                     4. Present
                             Remuneration in 2024                5. Asmawi Syam                  5. Present
                          2. Realization of KPIs for the Board   6. Septian Hario Seto           6. Present
                             of Directors in 2023                7. Iman Sugema                  7. Present
                          3. KPI Target for Directors in 2024    8. Susyanto 3)                  8. Present
                                                                 9. Erwin Rijanto Slamet         9. Present
                                                                 10. Fadlansyah Lubis            10. Present
                                                                 11. Robertus Billitea           11. Present
10.   February 21,        Board of Commissioners meeting         1. Pradjoto 1)                  1. Present          Hybrid
      2024                invites the relevant Director          2. Pahala Nugraha Mansury 2)    2. Present
                          One-on-One Interview of the Board      3. Sigit Widyawan               3. Present
                          of Directors                           4. Askolani                     4. Present
                                                                 5. Asmawi Syam                  5. Present
                                                                 6. Septian Hario Seto           6. Present
                                                                 7. Iman Sugema                  7. Present
                                                                 8. Susyanto 3)                  8. Present
                                                                 9. Erwin Rijanto Slamet         9. Present
                                                                 10. Fadlansyah Lubis            10. Present
                                                                 11. Robertus Billitea           11. Present
11.   February 22,        Board of Commissioners meeting         1. Pradjoto 1)                  1. Present          Hybrid
      2024                invites the relevant Director          2. Pahala Nugraha Mansury 2)    2. Present
                          1. One-on-One Interview with the       3. Sigit Widyawan               3. Present
                             Board of Directors                  4. Askolani                     4. Present
                          2. Determination of Public             5. Asmawi Syam                  5. Present
                             Accountant Firm (KAP) for           6. Septian Hario Seto           6. Present
                             Financial Year 2024                 7. Iman Sugema                  7. Present
                          3. Proposed Resolution of BNI          8. Susyanto 3)                  8. Present
                             Annual GMS 2023                     9. Erwin Rijanto Slamet         9. Present
                          4. Discussion on the achievement       10. Fadlansyah Lubis            10. Present
                             of Long Term Incentives             11. Robertus Billitea           11. Present
                             performance targets.
12.   February 27, 2024   Board of Commissioners meeting         1. Pradjoto 1)                  1. Present          Hybrid
                          invites the relevant Director          2. Pahala Nugraha Mansury 2)    2. Present
                          1. BNI Talent Interview                3. Sigit Widyawan               3. Present
                          2. Rehearsal of BNI 2023 Annual        4. Askolani                     4. Present
                             GMS                                 5. Asmawi Syam                  5. Present
                                                                 6. Septian Hario Seto           6. Present
                                                                 7. Iman Sugema                  7. Present
                                                                 8. Susyanto 3)                  8. Present
                                                                 9. Erwin Rijanto Slamet         9. Present
                                                                 10. Fadlansyah Lubis            10. Present
                                                                 11. Robertus Billitea           11. Present
13.   February 29,        Board of Commissioners meeting         1. Pradjoto 1)                  1. Present          Hybrid
      2024                invites the relevant Director          2. Pahala Nugraha Mansury 2)    2. Present
                          1. Credit Consultation to the Board    3. Sigit Widyawan               3. Present
                             of Commissioners                    4. Askolani                     4. Present
                          2. Approval of Internal Audit Head     5. Asmawi Syam                  5. Present
                             Replacement                         6. Septian Hario Seto           6. Present
                          3. Change of Subsidiary Company        7. Iman Sugema                  7. Present
                             Management                          8. Susyanto 3)                  8. Present
                                                                 9. Erwin Rijanto Slamet         9. Present
                                                                 10. Fadlansyah Lubis            10. Present
                                                                 11. Robertus Billitea           11. Present
14.   March 14, 2024      Board of Commissioners meeting         1. Pradjoto 1)                  1. Present          Hybrid
                          invites the relevant Director          2. Pahala Nugraha Mansury 2)    2. Present
                          1. Credit Consultation to the Board    3. Sigit Widyawan               3. Present
                             of Commissioners                    4. Askolani                     4. Present
                          2. Change of Subsidiary Company        5. Asmawi Syam                  5. Present
                             Management                          6. Septian Hario Seto           6. Present
                                                                 7. Iman Sugema                  7. Present
                                                                 8. Erwin Rijanto Slamet         8. Present
                                                                 9. Fadlansyah Lubis             9. Present
                                                                 10. Robertus Billitea           10. Present
                                                                 11. Mohamad Yusuf Permana 4)    11. Absent




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         Practices           Governance            Responsibility       Commitment    Statements



    No.          Date                        Meeting Agenda                  Meeting Participants         Attendance          Notes
    15.   March 21, 2024        Board of Commissioners meeting          1. Pradjoto 1)                  1. Present           Hybrid
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)    2. Present
                                1. Credit Consultation to the Board     3. Sigit Widyawan               3. Present
                                   of Commissioners                     4. Askolani                     4. Present
                                2. Overseas Office Performance for      5. Asmawi Syam                  5. Present
                                   2024 Period                          6. Septian Hario Seto           6. Present
                                                                        7. Iman Sugema                  7. Present
                                Internal Meeting of the Board of        8. Erwin Rijanto Slamet         8. Present
                                Commissioners                           9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Absent
    16.   March 28, 2024        Board of Commissioners meeting          1. Pradjoto 1)                  1. Present           Hybrid
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)    2. Present
                                1. Credit Consultation to the Board     3. Sigit Widyawan               3. Present
                                   of Commissioners                     4. Askolani                     4. Present
                                2. Corporate Plan (as a continuation    5. Asmawi Syam                  5. Present
                                   of Corporate Transformation)         6. Septian Hario Seto           6. Present
                                3. Sanctioning Policy and               7. Iman Sugema                  7. Present
                                   Implementation                       8. Erwin Rijanto Slamet         8. Present
                                                                        9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Present
    17.   April 02, 2024        Board of Commissioners meeting          1. Pradjoto 1)                  1. Present           Online
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)    2. Present
                                Credit Consultation to the Board of     3. Sigit Widyawan               3. Present
                                Commissioners                           4. Askolani                     4. Absent
                                                                        5. Asmawi Syam                  5. Present
                                                                        6. Septian Hario Seto           6. Present
                                                                        7. Iman Sugema                  7. Absent
                                                                        8. Erwin Rijanto Slamet         8. Present
                                                                        9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Absent
    18.   April 04, 2024        Board of Commissioners meeting          1. Pradjoto 1)                  1. Present           Hybrid
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)    2. Present
                                1. Proposed Remuneration of the         3. Sigit Widyawan               3. Present
                                   Board of Directors and Board of      4. Askolani                     4. Present
                                   Commissioners for 2024               5. Asmawi Syam                  5. Present
                                2. Approval of BNI’s Risk Appetite      6. Septian Hario Seto           6. Present
                                   Statement for the year 2024          7. Iman Sugema                  7. Present
                                3. Credit Consultation to the Board     8. Erwin Rijanto Slamet         8. Present
                                   of Commissioners                     9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Present
    19.   April 18, 2024        Board of Commissioners meeting          1. Pradjoto 1)                  1. Present           Hybrid
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)    2. Present
                                1. Appointment of Consultant for        3. Sigit Widyawan               3. Present
                                   Internal Audit Function Review       4. Askolani                     4. Present
                                   Year 2024                            5. Asmawi Syam                  5. Present
                                2. Audit and Consulting Plan for        6. Septian Hario Seto           6. Present
                                   2024                                 7. Iman Sugema                  7. Present
                                3. Credit Consultation to the Board     8. Erwin Rijanto Slamet         8. Present
                                   of Commissioners                     9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Present
    20.   April 25, 2024        Board of Commissioners and the          1. Pradjoto 1)                  1. Present           Hybrid
                                Board of Directors Meeting              2. Pahala Nugraha Mansury 2)    2. Present
                                1. BNI Financial Performance as of      3. Sigit Widyawan               3. Present
                                   March 31, 2024                       4. Askolani                     4. Absent
                                2. BNI Individual Risk Profile as of    5. Asmawi Syam                  5. Present
                                   March 31, 2024                       6. Septian Hario Seto           6. Present
                                3. DPLK BNI Governance 2023             7. Iman Sugema                  7. Present
                                4. BNI Payment Service Provider         8. Erwin Rijanto Slamet         8. Present
                                   Report 2023                          9. Fadlansyah Lubis             9. Present
                                5. Determination of Management of       10. Robertus Billitea           10. Present
                                   Subsidiary Company                   11. Mohamad Yusuf Permana 4)    11. Present




                                                                                                            2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                   671
Page 71
                                     Performa      Management       Company       Management Discussion and       Business Support
                                       2024          Report          Profile    Analysis on Company Performance      Functions



No.         Date                     Meeting Agenda                   Meeting Participants          Attendance        Notes
21.   May 02, 2024        Board of Commissioners meeting         1. Pradjoto 1)                   1. Present          Hybrid
                          invites the relevant Director          2. Pahala Nugraha Mansury 2)     2. Present
                          Credit Consultation to the Board of    3. Sigit Widyawan                3. Present
                          Commissioners                          4. Askolani                      4. Present
                                                                 5. Asmawi Syam                   5. Present
                                                                 6. Septian Hario Seto            6. Present
                                                                 7. Iman Sugema                   7. Present
                                                                 8. Erwin Rijanto Slamet          8. Present
                                                                 9. Fadlansyah Lubis              9. Present
                                                                 10. Robertus Billitea            10. Present
                                                                 11. Mohamad Yusuf Permana 4)     11. Present
22.   May 03, 2024        Board of Commissioners meeting         1. Pradjoto 1)                   1. Present          Online
                          invites the relevant Director          2. Pahala Nugraha Mansury 2)     2. Present
                          1. Outsourcing Policy                  3. Sigit Widyawan                3. Present
                          2. Changes in Pension Fund             4. Askolani                      4. Present
                             Regulations                         5. Asmawi Syam                   5. Present
                                                                 6. Septian Hario Seto            6. Present
                                                                 7. Iman Sugema                   7. Present
                                                                 8. Erwin Rijanto Slamet          8. Present
                                                                 9. Fadlansyah Lubis              9. Present
                                                                 10. Robertus Billitea            10. Absent
                                                                 11. Mohamad Yusuf Permana 4)     11. Present
23.   May 16, 2024        Board of Commissioners meeting         1. Pradjoto 1)                   1. Present          Hybrid
                          invites the relevant Director          2. Pahala Nugraha Mansury 2)     2. Present
                          1. Organizational Arrangement of       3. Sigit Widyawan                3. Present
                             the Board of Directors              4. Askolani                      4. Present
                          2. Changes in Allowances and           5. Asmawi Syam                   5. Present
                             Facilities for members of the       6. Septian Hario Seto            6. Present
                             Board of Directors and Board of     7. Iman Sugema                   7. Present
                             Commissioners                       8. Erwin Rijanto Slamet          8. Present
                          3. Credit Consultation to the Board    9. Fadlansyah Lubis              9. Present
                             of Commissioners                    10. Robertus Billitea            10. Present
                                                                 11. Mohamad Yusuf Permana 4)     11. Present
                          Internal Meeting of the Board of
                          Commissioners
24.   May 12, 2024        Board of Commissioners meeting         1. Pradjoto 1)                   1. Present          Online
                          invites the relevant Director          2. Pahala Nugraha Mansury 2)     2. Absent
                          Credit Consultation to the Board of    3. Sigit Widyawan                3. Present
                          Commissioners                          4. Askolani                      4. Present
                                                                 5. Asmawi Syam                   5. Present
                                                                 6. Septian Hario Seto            6. Present
                                                                 7. Iman Sugema                   7. Present
                                                                 8. Erwin Rijanto Slamet          8. Present
                                                                 9. Fadlansyah Lubis              9. Present
                                                                 10. Robertus Billitea            10. Absent
                                                                 11. Mohamad Yusuf Permana 4)     11. Present
25.   May 30, 2024        Board of Commissioners meeting         1. Pradjoto 1)                   1. Present          Hybrid
                          invites the relevant Director          2. Pahala Nugraha Mansury 2)     2. Present
                          1. Consultation on Loan Write-off to   3. Sigit Widyawan                3. Present
                             the Board of Commissioners          4. Askolani                      4. Present
                          2. Credit Consultation to the Board    5. Asmawi Syam                   5. Present
                             of Commissioners                    6. Septian Hario Seto            6. Present
                          3. Approval of Good Corporate          7. Iman Sugema                   7. Present
                             Governance (GCG) Policy Year        8. Erwin Rijanto Slamet          8. Present
                             2024                                9. Fadlansyah Lubis              9. Present
                          4. Approval of Compliance Charter      10. Robertus Billitea            10. Present
                             Year 2024                           11. Mohamad Yusuf Permana 4)     11. Absent
                          5. Employee Remuneration
26.   June 06, 2024       Board of Commissioners meeting     1. Pradjoto 1)                       1. Present          Hybrid
                          invites the relevant Director      2. Pahala Nugraha Mansury 2)         2. Present
                          1. Evaluation of Internal Control  3. Sigit Widyawan                    3. Present
                             System and Effectiveness        4. Askolani                          4. Present
                             of Internal Audit Task          5. Asmawi Syam                       5. Present
                             Implementation                  6. Septian Hario Seto                6. Present
                          2. Implementation of DPLK BNI Risk 7. Iman Sugema                       7. Present
                             Management for Semester II/2023 8. Erwin Rijanto Slamet              8. Present
                          3. Approval of DPLK BNI Risk       9. Fadlansyah Lubis                  9. Present
                             Appetite Statement for 2024     10. Robertus Billitea                10. Present
                                                             11. Mohamad Yusuf Permana 4)         11. Absent
                          Internal Meeting of the Board of
                          Commissioners


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         Practices           Governance            Responsibility       Commitment    Statements



    No.          Date                        Meeting Agenda                  Meeting Participants         Attendance          Notes
    27.   June 13, 2024         Board of Commissioners meeting          1. Pradjoto 1)                  1. Present           Online
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)    2. Present
                                Changes in Management of                3. Sigit Widyawan               3. Present
                                Subsidiary Companies                    4. Askolani                     4. Present
                                                                        5. Asmawi Syam                  5. Present
                                                                        6. Septian Hario Seto           6. Present
                                                                        7. Iman Sugema                  7. Present
                                                                        8. Erwin Rijanto Slamet         8. Present
                                                                        9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Absent
    28.   June 20, 2024         Board of Commissioners and the          1. Pradjoto 1)                  1. Present           Hybrid
                                Board of Directors Meeting              2. Pahala Nugraha Mansury 2)    2. Present
                                1. Revision of BNI RBB 2024-2026        3. Sigit Widyawan               3. Present
                                2. Credit Consultation to the Board     4. Askolani                     4. Present
                                   of Commissioners                     5. Asmawi Syam                  5. Present
                                3. Clear Book Credit Consultation to    6. Septian Hario Seto           6. Present
                                   the Board of Commissioners           7. Iman Sugema                  7. Present
                                                                        8. Erwin Rijanto Slamet         8. Present
                                                                        9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Present
    29.   June 27, 2024         Board of Commissioners meeting          1. Pradjoto 1)                  1. Present           Hybrid
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)    2. Present
                                1. Consultation on Loan Write-off to    3. Sigit Widyawan               3. Present
                                   the Board of Commissioners           4. Askolani                     4. Present
                                2. Realization of Loans consulted       5. Asmawi Syam                  5. Present
                                   to the Board of Commissioners        6. Septian Hario Seto           6. Present
                                   Period 2023                          7. Iman Sugema                  7. Present
                                3. Credit Consultation to the Board     8. Erwin Rijanto Slamet         8. Present
                                   of Commissioners                     9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Present
    30.   July 04, 2024         Board of Commissioners meeting          1. Pradjoto 1)                  1. Present           Hybrid
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)    2. Present
                                1. Follow-up Consultation on            3. Sigit Widyawan               3. Present
                                   Loan Write-off to the Board of       4. Askolani                     4. Present
                                   Commissioners                        5. Asmawi Syam                  5. Present
                                2. Approval of Review of General        6. Septian Hario Seto           6. Present
                                   Policy on Internal Control System    7. Iman Sugema                  7. Present
                                                                        8. Erwin Rijanto Slamet         8. Absent
                                                                        9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Absent
                                                                        11. Mohamad Yusuf Permana 4)    11. Present
    31.   July 11, 2024         Board of Commissioners meeting          1. Pradjoto 1)                  1. Present           Hybrid
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)    2. Absent
                                1. Credit Consultation to the Board     3. Sigit Widyawan               3. Present
                                   of Commissioners                     4. Askolani                     4. Present
                                2. BNI Operational Risk                 5. Asmawi Syam                  5. Present
                                   Management Framework                 6. Septian Hario Seto           6. Present
                                                                        7. Iman Sugema                  7. Present
                                                                        8. Erwin Rijanto Slamet         8. Present
                                                                        9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Present
    32.   July 18, 2024         Board of Commissioners meeting          1. Pradjoto 1)                  1. Present           Hybrid
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)    2. Present
                                1. BNI Health Level position June       3. Sigit Widyawan               3. Present
                                   30, 2024                             4. Askolani                     4. Present
                                2. Performance targets related to       5. Asmawi Syam                  5. Present
                                   Long Term Incentives (LTI) and       6. Septian Hario Seto           6. Present
                                   discussion on LTI governance.        7. Iman Sugema                  7. Present
                                                                        8. Erwin Rijanto Slamet         8. Present
                                                                        9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Present




                                                                                                            2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                   673
Page 73
                                     Performa      Management      Company       Management Discussion and       Business Support
                                       2024          Report         Profile    Analysis on Company Performance      Functions



No.         Date                    Meeting Agenda                   Meeting Participants          Attendance        Notes
33.   July 25, 2024       Board of Commissioners meeting        1. Pradjoto 1)                   1. Present          Hybrid
                          invites the relevant Director         2. Pahala Nugraha Mansury 2)     2. Present
                          1. Supervision of DPLK BNI            3. Sigit Widyawan                3. Present
                             Business Plan Realization          4. Askolani                      4. Present
                             Semester I/2024                    5. Asmawi Syam                   5. Present
                          2. Implementation of APU PPT and      6. Septian Hario Seto            6. Present
                             PPPSPM Program of DPLK BNI         7. Iman Sugema                   7. Present
                             Quarter II/2024                    8. Erwin Rijanto Slamet          8. Present
                          3. Implementation of Risk             9. Fadlansyah Lubis              9. Present
                             Management of DPLK BNI             10. Robertus Billitea            10. Present
                             Semester I/2024                    11. Mohamad Yusuf Permana 4)     11. Present
34.   August 08, 2024     Board of Commissioners meeting        1. Pradjoto 1)                   1. Present          Hybrid
                          invites the relevant Director         2. Pahala Nugraha Mansury 2)     2. Present
                          1. Approval of BNI Internal Audit     3. Sigit Widyawan                3. Present
                             Charter Updating                   4. Askolani                      4. Present
                          2. Evaluation of the Implementation   5. Asmawi Syam                   5. Present
                             of Consumer and Public             6. Septian Hario Seto            6. Present
                             Protection in the Financial        7. Iman Sugema                   7. Present
                             Services Sector at BNI             8. Erwin Rijanto Slamet          8. Present
                          3. Evaluation of Achievement          9. Fadlansyah Lubis              9. Present
                             of Macroprudential Inclusive       10. Robertus Billitea            10. Present
                             Financing Ratio (RPIM) and RPIM    11. Mohamad Yusuf Permana 4)     11. Present
                             Development Strategy
35.   August 15, 2024     Board of Commissioners and the        1. Pradjoto 1)                   1. Present          Hybrid
                          Board of Directors Meeting            2. Pahala Nugraha Mansury 2)     2. Absent
                          1. BNI Performance, Subsidiaries,     3. Sigit Widyawan                3. Present
                             and RBB Realization for the        4. Askolani                      4. Present
                             Second Quarter/2024 Period         5. Asmawi Syam                   5. Present
                          2. Board of Directors Collegial KPI   6. Septian Hario Seto            6. Present
                             for 2024                           7. Iman Sugema                   7. Present
                          3. Credit Consultation to the Board   8. Erwin Rijanto Slamet          8. Present
                             of Commissioners                   9. Fadlansyah Lubis              9. Present
                                                                10. Robertus Billitea            10. Present
                                                                11. Mohamad Yusuf Permana 4)     11. Absent
36.   August 29, 2024     Board of Commissioners meeting        1. Pradjoto 1)                   1. Present          Hybrid
                          invites the relevant Director         2. Pahala Nugraha Mansury 2)     2. Present
                          1. Credit Consultation to the Board   3. Sigit Widyawan                3. Present
                             of Commissioners                   4. Askolani                      4. Present
                          2. BNI Capital Participation Plan     5. Asmawi Syam                   5. Present
                          3. Internal Audit Function Review     6. Septian Hario Seto            6. Present
                             Result                             7. Iman Sugema                   7. Present
                                                                8. Erwin Rijanto Slamet          8. Present
                                                                9. Fadlansyah Lubis              9. Present
                                                                10. Robertus Billitea            10. Present
                                                                11. Mohamad Yusuf Permana 4)     11. Present
37.   September 12,       Board of Commissioners meeting        1. Pradjoto 1)                   1. Present          Hybrid
      2024                invites the relevant Director         2. Pahala Nugraha Mansury 2)     2. Present
                          Credit Consultation to the Board of   3. Sigit Widyawan                3. Present
                          Commissioners                         4. Askolani                      4. Present
                                                                5. Asmawi Syam                   5. Present
                                                                6. Septian Hario Seto            6. Present
                                                                7. Iman Sugema                   7. Present
                                                                8. Erwin Rijanto Slamet          8. Present
                                                                9. Fadlansyah Lubis              9. Present
                                                                10. Robertus Billitea            10. Absent
                                                                11. Mohamad Yusuf Permana 4)     11. Present
38.   September 24,       Board of Commissioners meeting        1. Pradjoto 1)                   1. Present          Hybrid
      2024                invites the relevant Director         2. Pahala Nugraha Mansury 2)     2. Present
                          1. Credit Consultation to the Board   3. Sigit Widyawan                3. Present
                             of Commissioners                   4. Askolani                      4. Present
                          2. Risk Maturity Index (RMI)          5. Asmawi Syam                   5. Present
                             Assessment Results 2024            6. Septian Hario Seto            6. Present
                                                                7. Iman Sugema                   7. Present
                                                                8. Erwin Rijanto Slamet          8. Present
                                                                9. Fadlansyah Lubis              9. Present
                                                                10. Robertus Billitea            10. Present
                                                                11. Mohamad Yusuf Permana 4)     11. Present




674    Transforming the Future, Empowering Indonesia
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Capital & Risk Management   Good Corporate     Social & Environmental      ESG         Financial
         Practices           Governance            Responsibility       Commitment    Statements



    No.          Date                        Meeting Agenda                  Meeting Participants         Attendance          Notes
    39.   September 26,         Board of Commissioners meeting          1. Pradjoto 1)                  1. Present           Hybrid
          2024                  invites the relevant Director           2. Pahala Nugraha Mansury 2)    2. Present
                                1. KPI of the Board of Directors for    3. Sigit Widyawan               3. Present
                                   Semester I/2024                      4. Askolani                     4. Present
                                2. Credit Consultation to the Board     5. Asmawi Syam                  5. Present
                                   of Commissioners                     6. Septian Hario Seto           6. Absent
                                3. Consultation on Loan Write-off to    7. Iman Sugema                  7. Present
                                   the Board of Commissioners           8. Erwin Rijanto Slamet         8. Present
                                                                        9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Absent
    40.   October 10, 2024      Board of Commissioners meeting          1. Pradjoto 1)                  1. Present           Hybrid
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)    2. Present
                                Credit Consultation to the Board of     3. Sigit Widyawan               3. Present
                                Commissioners                           4. Askolani                     4. Present
                                                                        5. Asmawi Syam                  5. Present
                                                                        6. Septian Hario Seto           6. Present
                                                                        7. Iman Sugema                  7. Present
                                                                        8. Erwin Rijanto Slamet         8. Present
                                                                        9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Present
    41.   October 17, 2024      Board of Commissioners and the          1. Pradjoto 1)                  1. Present           Hybrid
                                Board of Directors Meeting              2. Pahala Nugraha Mansury 2)    2. Present
                                1. BNI Performance, Subsidiaries,       3. Sigit Widyawan               3. Present
                                   and RBB Realization for the Third    4. Askolani                     4. Present
                                   Quarter/2024                         5. Asmawi Syam                  5. Present
                                2. BNI Risk Profile as of September     6. Septian Hario Seto           6. Present
                                   30, 2024                             7. Iman Sugema                  7. Present
                                3. Credit Consultation to the Board     8. Erwin Rijanto Slamet         8. Present
                                   of Commissioners                     9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Present
    42.   October 24, 2024      Board of Commissioners meeting        1. Pradjoto 1)                    1. Present           Hybrid
                                invites the relevant Director         2. Pahala Nugraha Mansury 2)      2. Present
                                1. Kick Off Meeting of BNI Financial 3. Sigit Widyawan                  3. Present
                                   Statement Audit for Financial Year 4. Askolani                       4. Present
                                   2024                               5. Asmawi Syam                    5. Present
                                2. One-on-One Interview with the      6. Septian Hario Seto             6. Present
                                   Board of Directors                 7. Iman Sugema                    7. Present
                                                                      8. Erwin Rijanto Slamet           8. Present
                                                                      9. Fadlansyah Lubis               9. Present
                                                                      10. Robertus Billitea             10. Present
                                                                      11. Mohamad Yusuf Permana 4)      11. Present
    43.   October 25, 2024      Board of Commissioners meeting          1. Pradjoto 1)                  1. Present           Hybrid
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)    2. Present
                                One-on-One Interview with the           3. Sigit Widyawan               3. Present
                                Board of Directors                      4. Askolani                     4. Present
                                                                        5. Asmawi Syam                  5. Present
                                                                        6. Septian Hario Seto           6. Present
                                                                        7. Iman Sugema                  7. Present
                                                                        8. Erwin Rijanto Slamet         8. Present
                                                                        9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Present
    44.   October 30, 2024      Board of Commissioners meeting          1. Pradjoto 1)                  1. Present           Online
                                invites the relevant Director           2. Pahala Nugraha Mansury 2)    2. Present
                                Credit Consultation to the Board of     3. Sigit Widyawan               3. Present
                                Commissioners                           4. Askolani                     4. Absent
                                                                        5. Asmawi Syam                  5. Present
                                                                        6. Septian Hario Seto           6. Present
                                                                        7. Iman Sugema                  7. Present
                                                                        8. Erwin Rijanto Slamet         8. Present
                                                                        9. Fadlansyah Lubis             9. Present
                                                                        10. Robertus Billitea           10. Present
                                                                        11. Mohamad Yusuf Permana 4)    11. Present




                                                                                                            2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                   675
Page 75
                                     Performa      Management       Company       Management Discussion and       Business Support
                                       2024          Report          Profile    Analysis on Company Performance      Functions



No.         Date                    Meeting Agenda                    Meeting Participants          Attendance        Notes
45.   October 31, 2024    Board of Commissioners meeting         1. Pradjoto 1)                   1. Present          Hybrid
                          invites the relevant Director          2. Pahala Nugraha Mansury 2)     2. Present
                          1. Evaluation of BNI Information       3. Sigit Widyawan                3. Present
                             Technology (IT)                     4. Askolani                      4. Present
                          2. Evaluation of Anti Fraud            5. Asmawi Syam                   5. Present
                             Strategy, WBS, Significant Fraud,   6. Septian Hario Seto            6. Present
                             Compliance Function, AML/CFT,       7. Iman Sugema                   7. Present
                             and SMAP                            8. Erwin Rijanto Slamet          8. Present
                                                                 9. Fadlansyah Lubis              9. Present
                          Internal Meeting of the Board of       10. Robertus Billitea            10. Absent
                          Commissioners                          11. Mohamad Yusuf Permana 4)     11. Present
46.   November 7,         Board of Commissioners meeting        1. Pradjoto 1)                    1. Present          Hybrid
      2024                invites the relevant Director         2. Pahala Nugraha Mansury 2)      2. Present
                          1. Credit Consultation to the Board 3. Sigit Widyawan                   3. Present
                             of Commissioners                   4. Askolani                       4. Absent
                          2. Evaluation of talent development 5. Asmawi Syam                      5. Present
                             and the Board of Commissioners 6. Septian Hario Seto                 6. Absent
                             development program                7. Iman Sugema                    7. Present
                          3. Follow-up of internal and external 8. Erwin Rijanto Slamet           8. Present
                             audit findings                     9. Fadlansyah Lubis               9. Present
                                                                10. Robertus Billitea             10. Present
                                                                11. Mohamad Yusuf Permana 4)      11. Present
47.   November 14,        Board of Commissioners and the         1. Pradjoto 1)                   1. Present          Hybrid
      2024                Board of Directors Meeting             2. Pahala Nugraha Mansury 2)     2. Present
                          1. Approval of the 2025 RBB/RKAP,      3. Sigit Widyawan                3. Present
                             2025 RAKB, 2025-2029 RJP/           4. Askolani                      4. Present
                             Corporate Plan, and 2025 Board      5. Asmawi Syam                   5. Present
                             of Directors Collegial KPIs.        6. Septian Hario Seto            6. Present
                          2. Credit Consultation to the Board    7. Iman Sugema                   7. Present
                             of Commissioners                    8. Erwin Rijanto Slamet          8. Present
                                                                 9. Fadlansyah Lubis              9. Present
                                                                 10. Robertus Billitea            10. Present
                                                                 11. Mohamad Yusuf Permana 4)     11. Present
48.   November 21,        Board of Commissioners meeting         1. Pradjoto 1)                   1. Present          Hybrid
      2024                invites the relevant Director          2. Pahala Nugraha Mansury 2)     2. Absent
                          1. Approval of BNI DPLK Business       3. Sigit Widyawan                3. Present
                             Plan and RAKB 2025                  4. Askolani                      4. Present
                          2. BNI Recovery Plan 2024/2025         5. Asmawi Syam                   5. Present
                             Update                              6. Septian Hario Seto            6. Present
                          3. Credit Consultation to the Board    7. Iman Sugema                   7. Present
                             of Commissioners                    8. Erwin Rijanto Slamet          8. Present
                                                                 9. Fadlansyah Lubis              9. Present
                                                                 10. Robertus Billitea            10. Absent
                                                                 11. Mohamad Yusuf Permana 4)     11. Absent
49.   December 3,         Board of Commissioners meeting         1. Pradjoto 1)                   1. Present          Online
      2024                invites the relevant Director          2. Pahala Nugraha Mansury 2)     2. Present
                          1. wondr by BNI Update                 3. Sigit Widyawan                3. Present
                          2. Principle Approval for              4. Askolani                      4. Present
                             Procurement and Budget of           5. Asmawi Syam                   5. Present
                             Public Accounting Firm (KAP) for    6. Septian Hario Seto            6. Present
                             Financial Report of Fiscal Year     7. Iman Sugema                   7. Present
                             2025                                8. Erwin Rijanto Slamet          8. Present
                          3. Credit Consultation to the Board    9. Fadlansyah Lubis              9. Present
                             of Commissioners                    10. Robertus Billitea            10. Present
                                                                 11. Mohamad Yusuf Permana 4)     11. Present
50.   December 5,         Board of Commissioners meeting         1. Pradjoto 1)                   1. Present          Hybrid
      2024                invites the relevant Director          2. Pahala Nugraha Mansury 2)     2. Present
                          1. Bank Credit Policy 2024 Review      3. Sigit Widyawan                3. Present
                          2. Credit Consultation to the Board    4. Askolani                      4. Absent
                             of Commissioners                    5. Asmawi Syam                   5. Present
                          3. Approval of the Review              6. Septian Hario Seto            6. Present
                             of General Policy on Risk           7. Iman Sugema                   7. Present
                             Management (KUMR) and               8. Erwin Rijanto Slamet          8. Present
                             General Policy on Integrated Risk   9. Fadlansyah Lubis              9. Present
                             Management and Integrated           10. Robertus Billitea            10. Present
                             Capital (KUMRT) Year 2024           11. Mohamad Yusuf Permana 4)     11. Present




676    Transforming the Future, Empowering Indonesia
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Capital & Risk Management   Good Corporate     Social & Environmental       ESG             Financial
         Practices           Governance            Responsibility        Commitment        Statements



    No.          Date                        Meeting Agenda                   Meeting Participants             Attendance          Notes
    51.   December 12,          Board of Commissioners meeting          1. Pradjoto 1)                       1. Present           Hybrid
          2024                  invites the relevant Director           2. Pahala Nugraha Mansury 2)         2. Present
                                1. Consultation regarding write-offs    3. Sigit Widyawan                    3. Present
                                   to the Board of Commissioners        4. Askolani                          4. Present
                                2. Credit Consultation to the Board     5. Asmawi Syam                       5. Present
                                   of Commissioners                     6. Septian Hario Seto                6. Present
                                3. Evaluation of BNI Payment            7. Iman Sugema                       7. Present
                                   Services implementation              8. Erwin Rijanto Slamet              8. Present
                                4. Evaluation of Material Case          9. Fadlansyah Lubis                  9. Present
                                   Progress Report                      10. Robertus Billitea                10. Present
                                                                        11. Mohamad Yusuf Permana 4)         11. Present
    52.   December 17,          Board of Commissioners meeting          1. Pradjoto 1)                       1. Present           Online
          2024                  invites the relevant Director           2. Pahala Nugraha Mansury 2)         2. Absent
                                1. Approval of MSME Debtor Write-       3. Sigit Widyawan                    3. Present
                                   off Policy (in accordance with       4. Askolani                          4. Present
                                   Government Regulation No. 47         5. Asmawi Syam                       5. Present
                                   Year 2024)                           6. Septian Hario Seto                6. Present
                                2. Credit Consultation to the Board     7. Iman Sugema                       7. Present
                                   of Commissioners                     8. Erwin Rijanto Slamet              8. Present
                                3. OJK Reprimands and Sanctions         9. Fadlansyah Lubis                  9. Present
                                   during 2024                          10. Robertus Billitea                10. Present
                                                                        11. Mohamad Yusuf Permana 4)         11. Present
    53.   December 19,          Board of Commissioners meeting          1. Pradjoto 1)                       1. Present           Hybrid
          2024                  invites the relevant Director           2. Pahala Nugraha Mansury 2)         2. Absent
                                1. Credit Consultation to the Board     3. Sigit Widyawan                    3. Present
                                   of Commissioners                     4. Askolani                          4. Present
                                2. Approval of Review of General        5. Asmawi Syam                       5. Present
                                   Policy on Internal Control System    6. Septian Hario Seto                6. Present
                                   (KUSPI) and Internal Control         7. Iman Sugema                       7. Present
                                   Over Financial Reporting (ICOFR)     8. Erwin Rijanto Slamet              8. Present
                                   Report                               9. Fadlansyah Lubis                  9. Present
                                3. BNI Tantiem Budget                   10. Robertus Billitea                10. Present
                                4. Approval of GCG Policy Review        11. Mohamad Yusuf Permana 4)         11. Present
  1) Effectively changed his position from Vice President Commissioner to President Commissioner based on OJK approval since February 19,
     2024.
  2) Effective as Vice President Commissioner based on OJK approval since February 19, 2024
  3) Ceased to serve as Commissioner since March 4, 2024
  4) Served as Commissioner since March 4, 2024 and effective based on OJK approval since September 2, 2024



  Joint Meetings of the Board of Commissioners and the Board of Directors
  In 2024, the Board of Commissioners held joint meetings with the Board of Directors, with details of the
  agenda, dates, and participants as follows:

    No.          Date                        Meeting Agenda                   Meeting Participants             Attendance          Notes
     1.   January 18, 2024      Board of Commissioners and the           1. Pradjoto  1)
                                                                                                      1. Present                  Hybrid
                                Board of Directors Meeting               2. Pahala Nugraha Mansury 2) 2. Present
                                1. Audit Closing Meeting for Fiscal      3. Sigit Widyawan            3. Present
                                   Year 2023                             4. Askolani                  4. Present
                                2. BNI Health Level as of December       5. Asmawi Syam               5. Present
                                   31, 2023                              6. Septian Hario Seto        6. Present
                                                                         7. Iman Sugema               7. Present
                                                                         8. Susyanto 3)               8. Present
                                                                         9. Erwin Rijanto Slamet      9. Present
                                                                         10. Fadlansyah Lubis         10. Present
                                                                         11. Robertus Billitea        11. Absent
    2.    January 25, 2024      Board of Commissioners and the           1. Pradjoto 1)               1. Present                  Hybrid
                                Board of Directors Meeting               2. Pahala Nugraha Mansury 2) 2. Present
                                BNI Financial Performance as of          3. Sigit Widyawan            3. Present
                                December 31, 2023                        4. Askolani                  4. Present
                                                                         5. Asmawi Syam               5. Present
                                                                         6. Septian Hario Seto        6. Present
                                                                         7. Iman Sugema               7. Present
                                                                         8. Susyanto 3)               8. Present
                                                                         9. Erwin Rijanto Slamet      9. Present
                                                                         10. Fadlansyah Lubis         10. Present
                                                                         11. Robertus Billitea        11. Absent




                                                                                                                 2024 Annual Report
                                                                                               PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                        677
Page 77
                                         Performa      Management          Company         Management Discussion and          Business Support
                                           2024          Report             Profile      Analysis on Company Performance         Functions



 No.           Date                     Meeting Agenda                       Meeting Participants             Attendance          Notes
  3.   April 25, 2024        Board of Commissioners and the            1. Pradjoto 1)                      1. Present             Hybrid
                             Board of Directors Meeting                2. Pahala Nugraha Mansury 2)        2. Present
                             1. BNI Financial Performance as of        3. Sigit Widyawan                   3. Present
                                March 31, 2024                         4. Askolani                         4. Absent
                             2. BNI Individual Risk Profile as of      5. Asmawi Syam                      5. Present
                                March 31, 2024                         6. Septian Hario Seto               6. Present
                                                                       7. Iman Sugema                      7. Present
                                                                       8. Erwin Rijanto Slamet             8. Present
                                                                       9. Fadlansyah Lubis                 9. Present
                                                                       10. Robertus Billitea               10. Present
                                                                       11. Mohamad Yusuf Permana 4)        11. Present
  4.   June 20, 2024         Board of Commissioners and the            1. Pradjoto 1)                      1. Present             Hybrid
                             Board of Directors Meeting                2. Pahala Nugraha Mansury 2)        2. Present
                             Revised BNI RBB 2024-2026                 3. Sigit Widyawan                   3. Present
                                                                       4. Askolani                         4. Present
                                                                       5. Asmawi Syam                      5. Present
                                                                       6. Septian Hario Seto               6. Present
                                                                       7. Iman Sugema                      7. Present
                                                                       8. Erwin Rijanto Slamet             8. Present
                                                                       9. Fadlansyah Lubis                 9. Present
                                                                       10. Robertus Billitea               10. Present
                                                                       11. Mohamad Yusuf Permana 4)        11. Present
  5.   August 15, 2024       Board of Commissioners and the            1. Pradjoto 1)                      1. Present             Hybrid
                             Board of Directors Meeting                2. Pahala Nugraha Mansury 2)        2. Absent
                             1. BNI Performance, Subsidiaries,         3. Sigit Widyawan                   3. Present
                                and RBB Realization for the            4. Askolani                         4. Present
                                Second Quarter/2024 Period             5. Asmawi Syam                      5. Present
                             2. Board of Directors Collegial KPI       6. Septian Hario Seto               6. Present
                                for 2024                               7. Iman Sugema                      7. Present
                                                                       8. Erwin Rijanto Slamet             8. Present
                                                                       9. Fadlansyah Lubis                 9. Present
                                                                       10. Robertus Billitea               10. Present
                                                                       11. Mohamad Yusuf Permana 4)        11. Absent
  6.   October 17, 2024      Board of Commissioners and the            1. Pradjoto 1)                      1. Present             Hybrid
                             Board of Directors Meeting                2. Pahala Nugraha Mansury 2)        2. Present
                             1. BNI Performance, Subsidiaries,         3. Sigit Widyawan                   3. Present
                                and RBB Realization for the Third      4. Askolani                         4. Present
                                Quarter/2024                           5. Asmawi Syam                      5. Present
                             2. BNI Risk Profile as of September       6. Septian Hario Seto               6. Present
                                30, 2024                               7. Iman Sugema                      7. Present
                                                                       8. Erwin Rijanto Slamet             8. Present
                                                                       9. Fadlansyah Lubis                 9. Present
                                                                       10. Robertus Billitea               10. Present
                                                                       11. Mohamad Yusuf Permana 4)        11. Present
  7.   November 14,          Board of Commissioners and the            1. Pradjoto 1)                      1. Present             Hybrid
       2024                  Board of Directors Meeting                2. Pahala Nugraha Mansury 2)        2. Present
                             Approval of RBB/RKAP 2025,                3. Sigit Widyawan                   3. Present
                             RAKB 2025, RJP/Corporate Plan             4. Askolani                         4. Present
                             2025-2029, and Board of Directors         5. Asmawi Syam                      5. Present
                             Collegial KPI 2025                        6. Septian Hario Seto               6. Present
                                                                       7. Iman Sugema                      7. Present
                                                                       8. Erwin Rijanto Slamet             8. Present
                                                                       9. Fadlansyah Lubis                 9. Present
                                                                       10. Robertus Billitea               10. Present
                                                                       11. Mohamad Yusuf Permana 4)        11. Absent
1) Effectively changed his position from Vice President Commissioner to President Commissioner based on OJK approval since February 19, 2024.
2) Effective as Vice President Commissioner based on OJK approval since February 19, 2024
3) Ceased to serve as Commissioner since March 4, 2024
4) Served as Commissioner since March 4, 2024 and effective based on OJK approval since September 2, 2024




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  Scheduled Meetings for 2025 [ACGS D.3.1]                            r. Resolution Plan.
  The Board of Commissioners has prepared the                         s. Implementation of Consumer and Public
  schedule for the Board of Commissioners Meetings                       Protection at BNI.
  and Joint Meetings with the Board of Directors for                  t. Provision of Payment Services at BNI.
  2025 based on the Board of Commissioners’ Work                      u. Bank Information Technology, covering IT
  Plan and Budget (RKA) established at the beginning                     strategic planning, IT governance, IT risk
  of the year. The 2025 meeting plan outlines that, in                   management policies, IT audit planning and
  general, the duties, authorities, and responsibilities                 implementation, and the management of reliable
  of BNI’s Board of Commissioners in overseeing                          and effective IT security to ensure the availability,
  management policies, the course of management                          confidentiality, and accuracy of information.
  both regarding the company and the company’s
  business carried out by the Board of Directors based                Training and/or Competency Enhancement
  on statutory regulations including duties, authorities              for Board of Commissioners Members in
  and obligations, and responsibilities related to                    2024
  matters which include but are not limited to ensuring
  the implementation/supervising/ evaluating/ giving                  Policy on Ongoing Training and/or Competency
  direction/assessment of:                                            Development [ACGS D.5.2]
  a. Bank’s strategic policies.                                       In line with the provisions of OJK Regulation No.
  b. Bank Business Plan & Corporate Work Plan and                     24 of 2022 concerning the Development of the
      Budget.                                                         Quality of Human Resources in Commercial Banks,
  c. Bank’s Soundness Level, including BNI’s                          BNI facilitates competency development programs
      Risk Profile and the risk profile of Financial                  for all members of the Board of Commissioners
      Service Institutions within BNI’s Financial                     to support their oversight function in monitoring
      Conglomeration.                                                 the management and operations of the Bank
  d. Recovery Action Plan.                                            carried out by the Board of Directors. Recognizing
  e. Internal Control System.                                         the increasingly complex economic and banking
  f. Internal audit functions, including follow-ups                   industry developments, as well as the growing risks
      on audit findings and recommendations from                      faced by the banking business, BNI continuously
      the Bank’s internal audit unit, external auditors,              strives to enhance the competency of the Board
      supervision results from the Financial Services                 of Commissioners through both formal and
      Authority (OJK), and/or other regulatory                        informal training programs, both domestically and
      authorities.                                                    internationally. These programs include individual
  g. Internal audits in Subsidiaries.                                 training, certifications, workshops, and sharing
  h. Risk Management and Risk Management                              sessions. Each year, BNI prepares a Competency
      strategies.                                                     Development Program plan for the Board of
  i. Integrated Risk Management within the Financial                  Commissioners, which may be organized internally
      Conglomeration.                                                 by the Bank, in collaboration with external experts,
  j. Corporate Governance.                                            or by participating in external programs that aim to
  k. Integrated Governance within the Financial                       enhance competencies.
      Conglomeration.
  l. Integrated Capital Management.                                   Training and/or Competency Enhancement
  m. Bank Compliance Function.                                        in the 2024 Fiscal Year [ACGS D.5.2]
  n. Implementation of Anti-Money Laundering                          In 2024, all members of BNI’s Board of Commissioners
      and Counter-Terrorism Financing (AML/CTF)                       actively participated in several training and/or
      programs, as well as the Prevention of the                      competency development activities as follows:
      Financing of Proliferation of Weapons of Mass
      Destruction (PPPSPM).
  o. Anti-Fraud Strategy.
  p. Human Resources.
  q. Appointment of Public Accounting Firms.




                                                                                                         2024 Annual Report
                                                                                       PT Bank Negara Indonesia (Persero) Tbk
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Training and/or Competency Enhancement in the 2024 Fiscal Year
                                                                                                 Type of
 No.    Training/Workshop/Conference/Seminar                 Date             Venue                                    Organizer
                                                                                                Education
Pradjoto – President Commissioner/Independent Commissioner 1)
 1     As a resource person at the 202nd Batch          February 26,          Jakarta             Offline     Lembaga Pengembangan
       Branch Leader Program                            2024                                                  Perbankan Indonesia
                                                                                                              (LPPI)
 2     Banking Risk Management Debriefing               April 29, 2024        Jakarta             Online      Lembaga Pengembangan
       Program Qualification 6 Without Tiering                                                                Perbankan Indonesia
                                                                                                              (LPPI)
 3     Compliance Forum: Realizing an Anti-             August 14,            Jakarta             Offline     BNI University
       Corruption Culture through the Cultivation       2024
       of Integrity Values
 4     Risk Management Alignment Seminar -              August 21-23,         Jakarta             Offline     Bankers Association for
       Level 6: Improving the Oversight Function        2024                                                  Risk Management (BARa)
       of Risk Management Implementation to
       Achieve a Sustainable Banking Industry
 5     As a resource person at the Executive            October 16,           Jakarta             Offline     Lembaga Pengembangan
       Overview Program for Candidates for the          2024                                                  Perbankan Indonesia
       Board of Commissioners of Commercial                                                                   (LPPI)
       Banks with the topic

       Main Duties, Roles, and Functions of the“
       Board of Commissioners of Commercial
       Banks
Pahala Nugraha Mansury – Vice President Commissioner 2)
 1     Banking Risk Management Debriefing               June 13, 2024         Jakarta             Offline     Lembaga Pengembangan
       Program Qualification                                                                                  Perbankan Indonesia
                                                                                                              (LPPI)
 2     Risk Management Alignment Seminar                July 17-18,           Jakarta             Offline     Bankers Association for
       - Level 7: Improving Risk Management             2024                                                  Risk Management (BARa)
       Implementation to Achieve a Sustainable
       Banking Industry
 3     ational Certification Online Training            September 17-         Jakarta             Online      PT RAP Indonesia
       “Integrated Risk Governance Expert/              18, 2024
       Certified Risk Governance Professional
       ”(CRGP)
 4     Executive Education Program: Generative AI       October 28-31,     Philadelphia,          Offline     Wharton School
       and Business Transformation                      2024                   USA                            – University of
                                                                                                              Pennsylvania
Sigit Widyawan – Independent Commissioner
 1     Banking Risk Management Debriefing               April 29, 2024        Jakarta             Offline     Lembaga Pengembangan
       Program Qualification 6 Without Tiering                                                                Perbankan Indonesia
                                                                                                              (LPPI)
 2     Commissioner/Audit Committee Special             May 31, 2024          Bogor               Offline     The Institute of Internal
       Class of Indonesia Internal Audit Practitioner                                                         Auditors
       (IIAP) Certification Program
 3     Compliance Forum: Realizing an Anti-             August 14,            Jakarta             Offline     BNI University
       Corruption Culture through the Cultivation       2024
       of Integrity Values
 4     Risk Management Alignment Seminar -              September 18-             Bali            Offline     Bankers Association for
       Level 6: Improving the Oversight Function        20, 2024                                              Risk Management (BARa)
       of Risk Management Implementation to
       Achieve a Sustainable Banking Industry
 5     Executive Education Program: AI & Big Data       October 1-2,       Amsterdam,             Offline     Tech EX, Amsterdam
       Expo                                             2024                Belanda
Askolani – Commissioner
 1     GOP Debriefing: Corporate Governance             August 12-13,         Jakarta             Online      Center for Risk
       Masterclass                                      2024                                                  Management &
                                                                                                              Sustainability (CRMS)
 2     Risk Management Alignment Seminar -              August 21-23,         Jakarta             Offline     Bankers Association for
       Level 6: Improving the Oversight Function        2024                                                  Risk Management (BARa)
       of Risk Management Implementation to
       Achieve a Sustainable Banking Industry



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                                                                                                      Type of
    No.     Training/Workshop/Conference/Seminar                  Date            Venue                                    Organizer
                                                                                                     Education
     3    Executive Education Program: Digital              October 1-2,       Cambridge,             Offline      MIT Sloan School of
          Strategies for Transforming Your Business         2024                 USA                               Management
   Asmawi Syam – Independent Commissioner
     1    Risk Management Alignment Seminar                 May 21-22,           Jakarta              Offline      Bankers Association for
          - Level 7: Improving Risk Management              2024                                                   Risk Management (BARa)
          Implementation to Achieve a Sustainable
          Banking Industry
     2    Commissioner/Audit Committee Special              May 31, 2024          Bogor               Offline      The Institute of Internal
          Class of Indonesia Internal Audit Practitioner                                                           Auditors
          (IIAP) Certification Program
     3    Banking Risk Management Debriefing                June 20, 2024        Jakarta              Offline      Lembaga Pengembangan
          Program Qualification 7                                                                                  Perbankan Indonesia
                                                                                                                   (LPPI)
     4    CGOP Debriefing: Corporate Governance             August 12-13,        Jakarta              Online       Center for Risk
          Masterclas                                        2024                                                   Management &
                                                                                                                   Sustainability (CRMS)
     5    Compliance Forum: Realizing an Anti-              August 14,           Jakarta              Offline      BNI University
          Corruption Culture through the Cultivation        2024
          of Integrity Values
     6    Executive Education Program: AI & Big Data        October 1-2,       Amsterdam,             Offline      Tech EX, Amsterdam
          Expo                                              2024                Belanda
   Iman Sugema – Independent Commissioner
     1    Banking Risk Management Debriefing                April 29, 2024       Jakarta              Offline      Lembaga Pengembangan
          Program Qualification 6 Without Tiering                                                                  Perbankan Indonesia
                                                                                                                   (LPPI)
     2    Compliance Forum: Realizing an Anti-              August 14,           Jakarta              Online       BNI University
          Corruption Culture through the Cultivation        2024
          of Integrity Values
     3    Risk Management Alignment Seminar -               September 18-             Bali            Offline      Bankers Association for
          Level 6: Improving the Oversight Function         20, 2024                                               Risk Management (BARa)
          of Risk Management Implementation to
          Achieve a Sustainable Banking Industry
     4    Executive Education Program: AI & Big Data        October 1-2,       Amsterdam,             Offline      Tech EX, Amsterdam
          Expo                                              2024                Belanda
   Septian Hario Seto – Independent Commissioner
     1    Banking Risk Management Debriefing                May 3, 2024          Jakarta              Online       Lembaga Pengembangan
          Program Qualification 6 Without Tiering                                                                  Perbankan Indonesia
                                                                                                                   (LPPI)
     2    Risk Management Alignment Seminar -               August 21-23,        Jakarta              Offline      Bankers Association for
          Level 6: Improving the Oversight Function         2024                                                   Risk Management (BARa)
          of Risk Management Implementation to
          Achieve a Sustainable Banking Industry
     3    Executive Education Program: Leading              September 15-       Palo Alto,            Offline      Standford School of
          Change & Organizational Renewal                   20, 2024              USA                              Business
   Erwin Rijanto Slamet – Independent Commissioner
     1    CGOP Debriefing: Corporate Governance             August 12-13,        Jakarta              Offline      Center for Risk
          Masterclass                                       2024                                                   Management &
                                                                                                                   Sustainability (CRMS)
     2    Compliance Forum: Realizing an Anti-              August 14,           Jakarta              Offline      BNI University
          Corruption Culture Through the Cultivation        2024
          of Integrity Values
     3    Risk Management Alignment Seminar -               August 21-23,        Jakarta              Offline      Bankers Association for
          Level 6: Improving the Oversight Function         2024                                                   Risk Management (BARa)
          of Risk Management Implementation to
          Realize a Sustainable Banking Industry




                                                                                                                   2024 Annual Report
                                                                                                 PT Bank Negara Indonesia (Persero) Tbk
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                                                                                               Type of
     No.    Training/Workshop/Conference/Seminar                 Date            Venue                              Organizer
                                                                                              Education
      4    Executive Education Program: Leading and         September 16-       Chicago,        Offline     Kellog School of
           Sustaining a Culture of Innovation               19, 2024              USA                       Management
     Fadlansyah Lubis - Commissioner
      1    Risk Management Alignment Seminar -              August 21-23,        Jakarta        Offline     Bankers Association for
           Level 6: Improving the Oversight Function        2024                                            Risk Management (BARa)
           of Risk Management Implementation to
           Achieve a Sustainable Banking Industry
      2    Compliance Forum: Realizing an Anti-             August 14,           Jakarta        Online      BNI University
           Corruption Culture through the Cultivation       2024
           of Integrity Values
     Robertus Billitea – Commissioner
      1    Banking Risk Management Debriefing               April 25, 2024       Jakarta        Offline     Lembaga Pengembangan
           Program Qualification 6 Without Tiering                                                          Perbankan Indonesia
                                                                                                            (LPPI)
      2    Risk Management Alignment Seminar -              October 16-18,       Jakarta        Offline     Bankers Association for
           Level 6: Improving the Oversight Function        2024                                            Risk Management (BARa)
           of Risk Management Implementation to
           Achieve a Sustainable Banking Industry
     Mohamad Yusuf Permana – Commissioner 3)
      1    Banking Risk Management Debriefing               May 9, 2024          Jakarta        Online      Lembaga Pengembangan
           Program Qualification 6 Without Tiering                                                          Perbankan Indonesia
                                                                                                            (LPPI)
      2    Risk Management Alignment Seminar -              August 21-23,        Jakarta        Offline     Bankers Association for
           Level 6: Improving the Oversight Function        2024                                            Risk Management (BARa)
           of Risk Management Implementation to
           Achieve a Sustainable Banking Industry
1)
   Effectively change position, from previously serving as Deputy President Commissioner to President Commissioner, based on OJK approval
   effective from February 19, 2024.
2)
   Effectively assuming the role of Deputy President Commissioner based on OJK approval effective from February 19, 2024.
3)
   Serving as Commissioner starting from March 4, 2024, and effective based on OJK approval from September 2, 2024.



Orientation and Introduction Program for                                 Commissioners/Supervisory Board and the Board
New Board of Commissioners Members                                       of Directors must receive an introduction program
[ACGS D.5.1]                                                             regarding the respective State-Owned Enterprise.
Through the Board of Commissioners Decree No.
KEP/024/DK/2024 dated October 22, 2024, regarding                        The orientation program for new members of the
the Charter of the Board of Commissioners as the                         Board of Commissioners should at least receive
Guideline and Code of Conduct for the Board of                           materials in the form of document delivery,
Commissioners, it is stipulated that every newly                         presentation, or explanation that can be done by
appointed member of the Board of Commissioners                           the Board of Directors, Corporate Secretary, related
must undergo an orientation and introduction                             divisions or units, as well as experts from external
program concerning the performance of their duties                       sources, which in general include the following
and responsibilities at the Bank.                                        information or matters:
                                                                         1) The Bank’s vision, mission, organizational
The purpose of this program is to provide a                                 structure, business activities, and operational
comprehensive understanding and overview of                                 network;
the Bank’s general conditions, values, vision and                        2) The Annual Report, the Company’s Work Plan
mission, business activities, and subsidiaries, as                          and Budget (RKAP), the Bank’s Business Plan
well as to socialize the policies, procedures, and                          (RBB), the Company’s Code of Ethics, BNI’s Work
implementation of good corporate governance                                 Culture, the Board of Commissioners’ Code of
within the Bank. The program also demonstrates the                          Conduct, the Corporate Governance Handbook,
Bank’s compliance with the Ministry of State-Owned                          and the Company’s Articles of Association;
Enterprises Regulation No. PER-2/MBU/03/2023                             3) Good Corporate Governance (including multiple
dated March 3, 2023, regarding the Governance                               positions, share ownership, and Independent
Guidelines and Significant Corporate Activities of                          Commissioners);
State-Owned Enterprises, Article 43, which mandates
that newly appointed members of the Board of




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  4) The duties, authority, and responsibilities of                       • Corporate Plan
     the Board of Commissioners and the Board                             • The Bank’s Business Plan (RBB) and the
     of Directors, delegation of authority, and the                         Company’s Work Plan and Budget (RKAP)
     limitations of the Board of Commissioners’                          • BNI’s financial performance and that of its
     authority in overseeing the Company based on                           subsidiaries
     applicable laws and regulations;                                    • BNI’s business operations
  5) The Committees under the Board of                                   • Risk Management, Legal, Audit & Compliance
     Commissioners that are formed and directly                             Issues
     accountable to the Board of Commissioners, the                   3) Orientation on General Banking Knowledge,
     Secretary of the Board of Commissioners, and                        which included:
     the Secretariat of the Board of Commissioners                       • Good Corporate Governance (Role of the
     that support the smooth execution of the Board                         Board of Commissioners), Risk Management,
     of Commissioners’ duties; and                                          and Compliance (GRC)
  6) The remuneration and benefits provided to                           • Asset Liability Management
     members of the Board of Commissioners.                              • Internal Audit
                                                                         • Sharing session related to the Fit & Proper
  During 2024, the Company facilitated an orientation                       Test process for Commissioner candidates
  and introduction program for the new Commissioner
  member, Mohamad Yusuf Permana, conducted from                       Risk Management Certification
  March to August 2024, with the following materials:                 In order to fulfil the competence of human resources
  1) Orientation on the Duties and Responsibilities                   in the field of risk management of the Bank, BNI
     of the Board of Commissioners of BNI, which                      conducts Certification and/or Refreshment programs
     included:                                                        and/or Risk Management alignment programs for
     • The vision, mission, and organizational                        the Board of Commissioners in accordance with the
        structure of BNI                                              provisions of POJK No. 24 of 2022 concerning Quality
     • The duties and functions of the Board of                       Development of Human Resources of Commercial
        Commissioners                                                 Banks, OJK Circular Letter No. 28/SEOJK.03/2022
     • Good Corporate Governance of the Board of                      concerning Risk Management Certification for Human
        Commissioners                                                 Resources of Commercial Banks, and OJK Letter
     • Committees        under     the   Board     of                 No. S-11/D.3/2024 dated 03 March 2024 concerning
        Commissioners, as well as the Secretary                       SMR Equalisation and Alignment for Directors and
        of the Board of Commissioners and the                         Board of Commissioners of Commercial Banks.
        Secretariat of the Board of Commissioners,                    As of 31 December 2024, all serving members
        who assist with the smooth execution of the                   of the Board of Commissioners have obtained
        Board’s duties                                                valid Risk Management Certification ranging from
     • Risk Management Certification                                  Qualification Level 6 (JK-6) to Qualification Level 7
     • Remuneration, facilities, and allowances for                   (JK-7), with the following description:
        members of the Board of Commissioners
  2) Orientation on the Internal Conditions of BNI,
     which included:

                        Name                                           Position                        Qualification Level (JK)
   Pradjoto                                          President Commissioner/Independent                          JK-6
                                                     Commissioner
   Pahala Nugraha Mansury                            Vice President Commissioner                                 JK-7
   Sigit Widyawan                                    Independent Commissioner                                    JK-6
   Askolani                                          Commissioner                                                JK-6
   Asmawi Syam                                       Independent Commissioner                                    JK-7
   Septian Hario Seto                                Independent Commissioner                                    JK-6
   Iman Sugema                                       Independent Commissioner                                    JK-6
   Erwin Rijanto Slamet                              Independent Commissioner                                    JK-6
   Fadlansyah Lubis                                  Commissioner                                                JK-6
   Robertus Billitea                                 Commissioner                                                JK-6
   Mohamad Yusuf Permana                             Commissioner                                                JK-6




                                                                                                         2024 Annual Report
                                                                                       PT Bank Negara Indonesia (Persero) Tbk
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Basis for Implementing the Duties of the                              the Board of Commissioners, as well as
Board of Commissioners                                                information regarding strategic and significant
The Board of Commissioners’ Work Plan and Budget                      problems based on the results of the Board
(RKA) is a reference for the Board of Commissioners                   of Commissioners’ evaluation and review
in carrying out its duties, authorities, and                          of written reports on the implementation of
responsibilities as a supervisory body. The Board                     the Board of Directors’ duties to the Board of
of Commissioners’ RKA is prepared and submitted                       Commissioners.
to the Board of Directors since the beginning of                4) Implementation of working visits by the Board of
the financial year. The preparation of the RKA has                 Commissioners to BNI work unit environments
complied with the following regulations:                           and provision of advice and suggestions by
1) Regulation of the Minister of State-Owned                       the Board of Commissioners to the Board of
   Enterprises No. PER-2/MBU/03/2023 dated 3                       Directors based on the results of the Board of
   2023 concerning Guidelines for Governance and                   Commissioners’ working visits.
   Significant Corporate Activities of State-Owned
   Enterprises Article 14 paragraph (8) stipulates              Report on the Implementation of the Duties
   that the Board of Commissioners/Supervisory                  of the Board of Commissioners in 2024
   Board is required to prepare an annual work plan             Throughout 2024, the Board of Commissioners,
   and budget for the Board of Commissioners/                   working collegially, has collectively carried
   Supervisory Board which is an inseparable part               out its duties, responsibilities, and obligations
   of the Company’s Work Plan and Budget (RKAP);                related to overseeing the governance policies and
   and                                                          management operations of the Bank, in accordance
2) BNI’s Articles of Association Article 17                     with applicable laws and regulations, the Bank’s
   paragraph (2) which stipulates that the Board                Articles of Association, and the Work Plan established
   of Commissioners is required to prepare a work               at the beginning of the year, including the following:
   program for the Board of Commissioners which                 1. Carrying out the supervisory function of the
   is an inseparable part of the Company’s Annual                   Bank’s Business Plan (RBB), including:
   Work Plan and Budget prepared by the Board of                    a. Directing, monitoring and evaluating the
   Directors.                                                           implementation of the Bank’s strategic policies
                                                                        in 2024, including evaluating the Corporate
Mechanism for Implementing the Board of                                 Plan and RBB and financial performance in
Commissioners’ Supervisory Duties                                       2024 every month;
The procedures and mechanisms for carrying out                      b. Supervising efforts to achieve the RBB,
the functions, duties, and responsibilities of the BNI                  especially regarding the achievement of
Board of Commissioners are outlined as follows:                         several important aspects of the business
1) The Board of Commissioners holds Board of                            plan such as credit distribution, improving
   Commissioners meetings, including internal                           asset quality, collecting third-party funds,
   Board of Commissioners meetings, meetings                            productivity, and efficiency;
   with invited Sector Directors and Senior Executive               c. Reviewing the Revised RBB for 2024-2026;
   Vice Presidents regarding the discussion agenda,                 d. Evaluating the realization of the RBB reported
   or routine meetings with the Board of Directors;                     to the Financial Services Authority every
2) The active role of the committees under the                          semester and submitting the RBB supervision
   Board of Commissioners in assisting and                              report to the Financial Services Authority; and
   supporting the smooth execution of the Board                     e. Conducting a review and providing approval
   of Commissioners’ duties includes conducting                         for the 2025-2027 RBB.
   committee meetings, as well as carrying out                  2. Evaluating       the      Consolidated     Financial
   evaluations, studies, or reviews of matters                      Performance of BNI every month and submitting
   that are part of the Board of Commissioners’                     Performance Reports to the Ministry of State-
   responsibilities;                                                Owned Enterprises on a quarterly basis;
3) Providing suggestions, advice or decisions of the            3. Reviewing financial information to be issued by
   Board of Commissioners in writing to the Board                   the Company;
   of Directors as:                                             4. Evaluating the implementation of the audit of the
   a. Follow-up to the results of the Board of                      Consolidated Financial Statements of BNI and
       Commissioners Meeting or the Board of                        other reports for the fiscal year ending December
       Commissioners’ meeting with the Board of                     31, 2023, conducted by the Public Accounting
       Directors; and                                               Firm (KAP) or other external parties;
   b. Responses to reports on the implementation                5. Proposing the appointment of the External
       of the Board of Directors’ duties or requests                Auditor to conduct the audit of the Consolidated
       for approval, consultation or proposals                      Financial Statements and other reports for the
       submitted by the Board of Directors to                       fiscal year ending December 31, 2024, of PT Bank
                                                                    Negara Indonesia (Persero) Tbk.;

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  6. Carrying out a supervisory function on the                           e. Evaluate and provide advice and input on
     implementation of internal control at BNI,                               the implementation of Integrated Risk
     including by:                                                            Management Policies periodically;
     a. Ensuring that the internal control system at                      f. Provide       approval       for   General/Risk
        BNI is running well;                                                  Management Policies and General Integrated
     b. Ensuring that the Board of Directors                                  Risk Management Policies; and
        has monitored the effectiveness of the                            g. Ensure the implementation of Integrated
        implementation of the Internal Audit Work                             Risk Management in accordance with
        Unit (SKAI) or BNI Internal Audit Unit;                               the characteristics and complexity of the
     c. Supervise the implementation of the BNI                               Financial Conglomerate business and ensure
        Internal Audit Unit’s duties, including:                              the implementation of Risk Management
        • Evaluate internal control or the BNI Internal                       in each Financial Services Institution in the
            Audit Unit;                                                       BNI Financial Conglomerate to support the
        • Review the audit plan and implementation                            effective implementation of Integrated Risk
            and monitor the follow-up of audit results                        Management
            from the implementation of the BNI                        9. Carry out supervisory functions on the
            Internal Audit Unit’s duties;                                 implementation of compliance at BNI, including
        • Ensure that the Board of Directors                              by:
            has followed up on audit findings and                         a. Evaluating the compliance function at BNI,
            recommendations from the BNI Internal                             ensuring that the compliance function at BNI
            Audit Unit, the results of supervision by                         has been implemented properly, and providing
            the Financial Services Authority and/or                           suggestions to the Board of Directors to
            supervision by other authorities, findings                        improve the quality of the implementation of
            by the Audit Board of Indonesia (BPK), the                        the compliance function; and
            Financial and Development Supervisory                         b. Conducting reviews of reports on the
            Agency (BPKP), external auditors or audit                         implementation of the compliance function
            results of public accountants, including                          and the implementation of the duties of the
            by ensuring that the Board of Directors                           Compliance Director submitted by the Board
            follows up on audit findings both in writing                      of Directors periodically.
            and verbally; and                                         10. Carry out supervisory functions on the
        • Review the main points of the audit results                     implementation of the BNI Anti-Bribery
            from the BNI Internal Audit Unit reported                     Management System (SMAP);
            to the Financial Services Authority every                 11. Carry out supervisory functions on the
            semester                                                      implementation of the Anti-Fraud Strategy,
  7. Conduct supervision, monitoring, and evaluation                      Whistle Blowing System (WBS) at BNI, and
     of the Bank’s Health Level for Semester II-2023                      Significant Fraud Reports to the OJK;
     and Semester I-2024 and support the Board of                     12. Carry out supervisory functions on the
     Directors to take the necessary steps in order to                    implementation of the Anti-Money Laundering,
     maintain and/or improve the Bank’s Health Level;                     Prevention of Terrorism Funding, and Prevention
  8. Perform supervisory functions on BNI’s Risk                          of the Proliferation of Weapons of Mass
     Management and Integrated Risk Management,                           Destruction Funding (APU PPT and PPPSPM) at
     including:                                                           BNI;
     a. Evaluate the Board of Directors’ duties on                    13. Regarding the implementation of the principles
        the implementation of Risk Management                             and practices of Good Corporate Governance
        policies and provide advice and input on the                      (GCG) and the Implementation of Integrated
        implementation of Risk Management policies                        Governance;
        periodically to ensure that the management                    14. Ensure the implementation of GCG principles
        of Bank activities and risks has been                             and practices at all levels or levels of the BNI
        implemented effectively:                                          organization and at the Financial Services
     b. Evaluate BNI’s Risk Management policies and                       Institutions in the BNI Financial Conglomerate:
        Risk Management strategies;                                       a. Supervise the implementation of Integrated
     c. Conduct quarterly reviews and evaluations                             Governance in the BNI Financial Conglomerate
        of the Risk Profile and Minimum Capital and                           and      evaluate/review      the    Integrated
        periodically evaluate BNI’s risk position and                         Governance Guidelines for improvement;
        development;                                                      b. Encourage the improvement of GCG practices
     d. Ensure that Risk Management policies and                              by referring to applicable laws and regulations
        processes are implemented effectively and                             and international best practices;
        integrated into the overall Risk Management                       c. Review the GCG implementation report
        process;                                                              submitted by the Board of Directors;


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    d. Monitor the results of the GCG self-                     20. Providing consultation on the provision of
       assessment and conduct a self-assessment of                  credits and write-offs that in accordance with the
       the effectiveness of the GCG implementation                  provisions, must be consulted with the Board of
       of the Board of Commissioners, including                     Commissioners;
       the committees under the Board of                        21. Conducting periodic evaluations of the
       Commissioners every semester as required                     implementation of the duties and responsibilities
       by the Financial Services Authority Regulation               of the Sector Director, including the achievement
       governing the implementation of GCG for                      of the Sector Director’s work plan, especially
       Commercial Banks;                                            related to strategic and significant issues;
    e. Monitor and evaluate the performance of                  22. Conducting a review of the Performance of the
       Subsidiaries and the policies of the Board of                Financial Institution Pension Fund (DPLK) in 2023
       Directors related to the creation of synergy and             as the DPLK Supervisory Board and submitting
       strengthening of the business of Subsidiaries;               the Supervision Report on the BNI Financial
15. Evaluate, direct, and monitor the implementation                Institution Pension Fund (DPLK) Business Plan
    of BNI Information Technology (IT), including                   for Semester II of 2023 and Semester I of 2024 to
    the Realization of the 2024 IT Program Strategic                the OJK;
    Plan and the 2025 IT Development Plan, in the               23. Conduct an evaluation of the 2023 BNI DPLK
    development of the implementation of wondr by                   Governance Report, the 2023 BNI DPLK Health
    BNI;                                                            Level Assessment Report, the 2023 BNI DPLK
16. Conduct periodic reviews of material case                       Risk Management Implementation Report for
    progress reports;                                               Semester II of 2023 and Semester I of 2024;
17. Monitor and evaluate the implementation of the              24. Conduct periodic supervision and evaluation
    Recovery Plan at BNI;                                           of the implementation of remuneration and
18. Supervise the implementation of the principle of                Outsourcing management policies and systems
    prudence in the provision of credit facilities by               at BNI, including the remuneration of the Board
    the Board of Directors, including:                              of Directors and Board of Commissioners and
    a. Supervise the implementation of credit and                   employees;
       financing plans that have been stated in the             25. Conduct an evaluation of the implementation
       RBB;                                                         of consumer and community protection in the
    b. Provide advice and opinions on the Board of                  financial services sector at BNI, and an evaluation
       Directors’ decisions regarding the provision                 of the implementation of Payment Services at
       of credit facilities above a certain amount                  BNI;
       that must be consulted with the Board of                 26. Conduct an evaluation of the Achievement of
       Commissioners;                                               the Macroprudential Inclusive Financing Ratio
    c. Provide approval for the provision of credit                 (RPIM) of BNI and the BNI RPIM Development
       facilities to related parties that, based on                 Strategy;
       applicable laws and regulations, must obtain             27. Conduct an evaluation of the review of the
       approval from the Board of Commissioners;                    General Policy of the Internal Control System
                                                                    (KUSPI) and Internal Control Over Financial
    d. Conduct routine and periodic reviews of                      Reporting (ICOFR), including:
       the development and follow-up of credits                     a. Internal Control Over Financial Reporting
       that have been consulted with the Board of                       Diagnostic Results Report;
       Commissioners;                                               b. Review of the General Policy of Internal
    e. Evaluate and provide approval for credit                         Control System and Integrity Procedures of
       policies and strategies in accordance with the                   Bank Financial Reporting (Internal Control
       obligations stipulated in applicable laws and                    Over Financial Reporting); and
       regulations; and                                             c. Roadmap for Implementation of Internal
    f. Conducting     periodic     reviews   of   the                   Control Over Financial Reporting and BNI’s
       development and quality of the overall                           Readiness to Implement the Roadmap for
       credit or financing portfolio, including Non-                    Implementation of Internal Control Over
       Performing Loans (NPL).                                          Financial Reporting.
19. Monitoring and evaluating the development                   28. Granting approval to matters that must be
    and management of Human Resources (HR),                         approved by the Board of Commissioners based
    especially regarding the strategic function of                  on applicable laws and regulations and the
    Human Resources in supporting the achievement                   Company’s Articles of Association, including:
    of Bank performance;                                            a. Approval of Capital Participation;
                                                                    b. Approval of Provision of Funds to Related
                                                                        Parties;
                                                                    c. Approval of BNI Organizational Structure;


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      d. Approval of the Revision of BNI Bank’s                           aa. Approval of the Update of the Policy on
         Business Plan for 2024-2026;                                          Write-Off of Debtors of Micro, Small, and
      e. Approval of BNI Bank’s Business Plan for                              Medium Enterprises (UMKM), which refers
         2025-2027;                                                            to Government Regulation No. 47 of 2024
      f. Approval of the Long-Term Plan (RJP)/                                 concerning the Write-Off of Bad Debts to
         Corporate Plan for 2025-2029;                                         UMKM;
      g. Approval of the Company’s Work Budget Plan                       bb.Approval of the Company’s Policies or
         for 2025;                                                             Guidelines which based on the Financial
      h. Approval of BNI’s Recovery Plan Document                              Services Authority Regulation must obtain the
         for 2024/2025;                                                        approval of the Board of Commissioners.
      i. Approval of BNI’s Risk Appetite Statement                    29. Submitting a report to the Ministry of SOEs in the
         (RAS) for 2024;                                                  form of the Board of Commissioners’ response
      j. Approval of the Internal Audit Annual Audit                      to the BNI performance report every quarter as
         Plan for 2024;                                                   a follow-up to the Letter of the Minister of SOEs
      k. Approval of BNI’s Sustainable Financial Action                   in 2014 to the BNI Board of Commissioners that
         Plan (RAKB) for 2025;                                            in order to make supervision and guidance of
      l. Approval of the Management of BNI                                SOE performance more effective, the Board of
         Subsidiaries;                                                    Commissioners is requested to submit opinions
      m. Approval of the Organizational Structure of                      and responses to BNI’s performance report for
         the Board of Directors (Directorate Division)                    the quarterly period;
         of BNI;                                                      30. Holding Board of Commissioners Meetings,
      n. Approval of the Updating of the Anti-Money                       both internal Board of Commissioners Meetings
         Laundering, Prevention of Terrorism Funding,                     and by inviting members of the Board of
         and Prevention of the Proliferation of Weapons                   Directors or related Sector Directors as well as
         of Mass Destruction (APU PPT and PPPSPM)                         Board of Commissioners Meetings with the
         Policies and Procedures of BNI and Custody;                      Board of Directors regularly to discuss certain
      o. Approval of the Updating of the General                          aspects such as business aspects, organization,
         Policy on Risk Management and Capital                            risk management, internal control, legal and
         Management, as well as the General Policy                        compliance, human resources, technology and
         on Integrated Risk Management;                                   others which are held routinely as many as 53
      p. Approval of the Updating of the Governance                       (fifty-three) meetings; and
         Policy;                                                      31. Conducting visits to Divisions/Units, Regional
      q. Approval of the Updating of the Integrated                       Offices, and Branch Offices, including Overseas
         Governance Policy;                                               Offices offline and/or online, in order to carry out
      r. Approval of the Review of the Compliance                         the supervisory function.
         Charter;
      s. Approval of the Updating of the General                      List of Recommendations /Suggestions /
         Policy on the Internal Control System;                       Advice from the Board of Commissioners in
      t. Approval of the Updating of the Human Capital                2024
         Policy, including the Talent Development                     Throughout 2024, the Board of Commissioners has
         Policy, related to the Talent Pool;                          issued several important Recommendations/Advice
      u. Approval of the Updating of the Internal Audit               to the Board of Directors regarding the management
         Charter in 2024;                                             and administration of the Bank, including:
      v. Approval of the Update of the Anti-Money                     1. General Performance
         Laundering, Prevention of Terrorism Funding                      a. In facing challenges with peers and future
         and Prevention of the Proliferation of Weapons                      market trends, the Board of Directors should
         of Mass Destruction (APU PPT and PPPSPM)                            continue to explore breakthroughs that can
         Policies and Procedures of DPLK BNI;                                be implemented to encourage the creation of
      w. Approval of the Business Plan and Sustainable                       new businesses and provide a positive impact
         Financial Action Plan (RAKB) of DPLK BNI for                        on improving the Company’s business.
         2025;                                                            b. The Board of Directors should continue to
      x. Approval of the Risk Appetite Statement (RAS)                       strive to improve internal business processes
         and Risk Appetite Metric (RAM) of DPLK BNI                          through the creation of appropriate policies,
         for 2024;                                                           quality human resources, and adequate
      z. Approval of the Update of the Guidelines and                        technology so as to produce quality
         Work Rules of the BNI Board of Commissioners                        performance.
         and the Rules of Procedure of the Board of                       c. In implementing the Company’s strategy, the
         Commissioners Meeting;                                              Board of Directors is expected to continue to
                                                                             improve the implementation of adequate risk


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      management and prepare possible scenarios,                      so that quality growth in the Small segment
      by conducting business prudently and                            can be achieved.
      guided by applicable laws and regulations,                   e. In addition, it is necessary to pay attention to
      and implementing the principles of Good                         the role of the Region, especially in terms of
      Corporate Governance (GCG).                                     optimizing the role of the Region to increase
2. Credit                                                             the value chain of the Corporate segment to
   a. The Board of Commissioners reminds the                          support the Small segment by utilizing data
      Board of Directors regarding the credit                         leads and synergy between segments.
      granting process to be conducted prudently                   f. Concentration of Economic Sectors based
      and the strict implementation of the four-                      on Sub-Sectors to be able to make a deeper
      eyes principle in every process, including a                    study based on industry analysis by mapping
      thorough analysis of the business conditions                    which industrial sub-sectors are growing,
      directly related to repayment capacity,                         surviving, and declining, then setting specific
      ensuring that the collateral adequacy ratio                     Risk Appetite/Risk Tolerance limits.
      meets the minimum requirements according                     g. The Loan Exposure Limit (LEL) condition in
      to the Bank’s Credit Policy (KPB), monitoring                   several economic sectors/sub-sectors that
      the use of credit facilities, and tracking the                  have been significantly exceeded is a serious
      debtor’s business development to prevent                        concern for the Risk Management Unit and
      any side-streaming of credit facility usage.                    has escalated to the Board of Directors to
   b. The Board of Commissioners advises the                          determine the action plan that needs to be
      Board of Directors to carry out Strengthening                   carried out. Business Units in all segments
      Culture in sectors that are starting to sunset                  must always confirm the availability of LEL to
      in the portfolio at BNI, so that the weakening                  the Risk Management Unit before submitting
      conditions that occur do not have a significant                 a credit proposal and are not permitted to
      impact on BNI’s portfolio.                                      submit credit to sectors/sub-sectors whose
   c. In connection with the implementation of                        LEL conditions have been exceeded.
      the end-to-end credit process improvement                    h. Be more selective and prudent in providing
      program, an evaluation of the program must                      People’s Business Credit (KUR) by aligning
      be carried out comprehensively to assess its                    with the current government policy direction.
      effectiveness, and the necessary corrective                  i. The Board of Directors must pay attention to
      actions must be taken so that the objectives of                 the performance of service providers related
      implementing the end-to-end credit process                      to the credit process, namely the Public
      improvement program can be achieved. The                        Accounting Firm (KAP) and/or Public Appraisal
      Board of Commissioners also reminds the                         Service Office (KJPP), and the determination
      Board of Directors that the improvement                         of service providers as BNI partners must be
      of the credit process can pay attention to                      accompanied by selective screening so that
      audit findings, both from internal audits                       partners with good and trusted conduct are
      and regulators/external auditors (OJK, BPK,                     obtained.
      and KAP). Credit process improvements are                 3. Liquidity
      carried out, among others, through increasing                a. To minimize liquidity risk, a strategy is needed
      the discipline of the normal credit process                     to strengthen the long-term funding structure
      and enriching the competencies of human                         and a special strategy to manage the balance
      resources related to the credit process.                        between the level of DPK and its distribution
   d. The Board of Commissioners reminded that                        so that the level of liquidity reflected in the
      strengthening the Small segment must be                         LDR can be maintained at a healthy and ideal
      carried out continuously, and improvements                      level.
      must be made in order to achieve the desired                 b. The ALCO Committee needs to carry out its
      standards. The improvements in question                         function with more discipline in allocating
      include improving the credit granting process                   quotas that can be accommodated for special
      (evaluation of the quality of decision-making                   rate funds by taking into account the tolerance
      through the implemented scoring system),                        level of special rate funds that do not interfere
      verification/validation discipline, pipeline                    with BNI’s profitability, and to monitor to
      management discipline, and collection                           ensure that special rate funds do not become
      effectiveness so that it can create good credit                 permanent funding.
      quality, improve systems and increase human                  c. In terms of capital and liquidity management,
      resource quality. The Board of Directors also                   the Bank should mitigate risks, including
      needs to be able to focus on top-tier debtors                   through assessments and stress tests with
      in each Region, as well as in leading sectors,                  current conditions on a regular basis.



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     d. In relation to BNI’s corporate action plans,                        of digital banking at BNI, including changes
        both those that have been carried out and will                      in operational processes, the implementation
        be carried out, the Board of Commissioners                          of big data analytics, changes in branch
        reminds us to carry out a comprehensive                             standards and the smallest organizational
        study to support BNI’s strategic targets with                       units including in seeing the effectiveness
        strong capital budgeting, and ensure that                           and productivity of branch/organizational unit
        they have met applicable provisions.       .                        performance, sharpening the types of work
  4. Digital Banking and Technology                                         and the composition and qualifications of
     a. The launch of New Mobile Banking BNI                                employees who do the work.
        (wondr by BNI) as a game changer for BNI                      6. Human Capital Policies and Procedures
        and the banking industry in Indonesia, which                     a. The existence of organizational changes
        is designed to follow global excellence                             as an impact of the application of the New
        standards, is expected to improve customer                          Way of Working (NWOW) has changed
        service in providing more planned and                               the responsibilities and actors in the new
        personal financial management solutions                             organization. For this, it has been ensured that
        for the Indonesian people so that it can                            there is clarity regarding the person in charge
        provide a positive contribution to the Bank’s                       and the scope of work of the organizational
        performance.                                                        unit, not only those who carry out the Human
     b. The momentum for the launch of New Mobile                           Capital function but also organizational units
        Banking BNI (wondr) so that BNI can optimize                        with shared responsibility for the Human
        it to increase fund expansion in the retail                         Capital function.
        segment so that it can reduce dependence                         b. The Human Capital Policy Update has
        (shifting) on ​​
                       institutional funds and special                      been implemented, and the Board of
        rate funds.                                                         Commissioners also advised and reminded to
     c. The Board of Commissioners supports                                 conduct periodic reviews of updates to other
        coordination and the need for support from                          related policies so that they can become a well-
        the Technology & Operation sector for system                        integrated policy, including the Outsourcing
        development for work processes so that they                         Policy, Sanctions Policy, and others. Thus,
        can be carried out automatically and increase                       the Human Capital Policy, which is a unified
        productivity.                                                       reference, does not lag behind changes in
     d. The Board of Commissioners continuously                             the environment and developments in other
        reminds the Board of Directors to always                            external and internal regulations.
        maintain the security of the Bank’s system to                    c. Socialization and internalization have been
        support the security of customer transactions                       requested to be carried out intensively,
        and businesses, and prevent the possibility                         especially for those responsible/managers/
        of high security to protect customer data and                       actors of shared responsibility both in the
        anticipate threats of viruses, malware, and                         Human Capital organization, as well as each
        other digital risks.                                                Line Manager/Superior in other organizations
  5. Strengthening the Company’s Organization                               and employees in general. This aims for
     a. In an effort to transform Human Capital                             each individual in the organization at BNI to
        carried out through the New Ways of Working                         understand and carry out their role in the
        (NWOW) program, which aims to prepare the                           Human Capital function for the benefit of the
        BNI organization for the future. With a new                         development of their organizational unit and
        way of working in supporting the Company’s                          the self-development of each employee.
        strategic goals, the Board of Commissioners                      d. Related to Career Management and Employee
        has provided suggestions and advice so that                         Placement, it can be regulated clearly and
        the implementation of this program can be                           transparently so that there is guidance for
        managed and run well so that the Company                            employee placement in one location. The
        is able to face new challenges and future                           policies that have been prepared later so
        changes.                                                            that they can be implemented properly and
     b. This    NWOW         program    also  includes                      must not be violated so as not to reduce the
        strengthening the Regional Organization, with                       Company’s authority. Good guidance will
        the need to continue to anticipate changes as                       build a good corporate culture.
        an impact that arises from the implementation




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   e. The management of Small segment credit                        d. Strengthening internal control functions,
      needs to be strengthened with the capability                     including monitoring the progress of
      of qualified Credit Manager (RM) HR to                           corrective actions following fraud incidents,
      increase productivity; it is also necessary to                   particularly those with significant impact on
      evaluate/supervise the Small segment from                        the Bank, and ensuring that no repeated cases
      the Head Office and Regional Offices.                            occur.
7. Bank Intermediation                                              e. The Board of Commissioners advises the Board
   BNI’s intermediation function serves as a key                       of Directors to increase employee awareness,
   driver in facilitating Indonesia’s economic                         including through the internalization of good
   growth, with a focus on sectors most in need                        work culture and the implementation of the
   of support amid uncertain conditions. However,                      AKHLAK core values to foster employees with
   the Board of Commissioners reminds the Board                        high integrity.
   of Directors to continue adhering to prudential                  f. The implementation of the Whistle Blowing
   principles in order to enhance the quality of                       System (WBS) should be strengthened
   credit.                                                             to have a significant impact on enforcing
8. Implementation of Anti-Fraud Strategy                               rules and building stakeholder trust in the
   a. Fraud cases and abuse of authority need                          effectiveness of WBS in uncovering fraudulent
      to be handled properly, including within                         activities.
      subsidiaries. The Bank and its subsidiaries               9. Overseas Branches (KLN)
      must ensure preparedness in anticipating                      a. Overseas Branches should actively seize
      fraud, including ensuring that all Standard                      opportunities, particularly in Indonesia-
      Operating Procedures (SOPs) for each                             related businesses, through cooperation
      business activity are properly executed and                      with BNI Wholesale Banking, International
      regularly evaluating the anti-fraud strategy.                    Banking, Treasury, and BNI Securities Pte. Ltd.
   b. The Board of Commissioners advises the                           (BSPL). This will help optimize the potential of
      Board of Directors to ensure that concrete                       existing debtors, given that few banks have
      actions are in place to apply firm sanctions,                    branches overseas and many Indonesian
      both internal and external, that have a                          companies now have a presence abroad.
      deterrent effect.                                             b. The Board of Commissioners reminds the
   c. The Board of Commissioners believes that the                     Board of Directors to optimize the compliance
      imposition of sanctions for employees who                        function at BNI’s overseas branch in Singapore
      violate regulations and open opportunities                       to coordinate with all overseas branches,
      for fraud has not provided an adequate                           follow up on findings from local regulators,
      deterrent effect. This includes sanctions that                   OJK, or BPK, and ensure that these findings
      are not proportional to the fraudulent actions                   do not recur in the future.
      and/or the related employees. Therefore, the                  c. The Board of Commissioners expects the
      Board of Directors is advised to review the                      overseas branches to implement strong
      establishment of firm sanctions, not only                        Compliance Risk Control and for the Board
      for fraud perpetrators but also for those                        of Directors to ensure adequate compliance
      involved in the case or violating provisions                     with applicable laws and regulations in the
      that create opportunities for fraud. The Board                   countries where the overseas branches are
      of Commissioners reminds the Board of                            located.
      Directors to give attention to operational                10. BNI Pension Fund and BNI Pension Fund
      risk management and fraud control, as this                    Management
      will affect BNI’s performance and erode                       a. With the increasingly competitive DPLK
      stakeholder trust. Issues must be addressed                      market, the Board of Supervisors advises DPLK
      at their root through reliable initiatives                       BNI to conduct a comprehensive analysis by
      supported by competent resources and                             identifying strengths and weaknesses, as well
      by optimizing automation processes since                         as opportunities and threats in the market,
      operational risks and fraud are inherent in                      so that DPLK BNI can maintain its product
      human activities.                                                advantages while continuing to innovate to
                                                                       attract consumer attention.




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      b. In relation to the implementation of the                         c. The Board of Commissioners also pays
         new core system for DPLK BNI, “SURE,”                               attention to each improvement plan, action
         it is recommended to conduct a Post                                 plan, and corrective action, which have been
         Implementation Review (PIR) to ensure                               prepared by each Subsidiary Company,
         that the Business Requirement Documents                             and the Board of Commissioners supports
         (BRD) have been fully met and can support                           all improvement plans, action plans, and
         operations well without errors.                                     corrective actions to be followed up by each
      c. Fund placement in investment instruments                            Subsidiary Company.
         should be carried out with a prudence                            d. Improvement plans, action plans and
         principle, preceded by in-depth business                            corrective actions followed up by each
         analysis and consideration, and in accordance                       Subsidiary Company, to be optimally
         with prevailing regulations.                                        monitored by the Subsidiaries Management
      d. Ensuring that the internal control process                          Division and related Work Units, with a clear
         at DPLK BNI runs well and is supported by                           timeline, and reported to all Subsidiary
         comprehensive and up-to-date policies and                           Company Development Directors.
         SOPs by conducting periodic reviews to                           e. The Main Entity is expected to continue
         anticipate process changes that may enhance                         to strengthen the synergy of Integrated
         services or changes in regulations from                             Work Units in BNI, between Internal Audit,
         regulators (OJK, PPATK).                                            Compliance, Risk Management, Anti Fraud,
      e. Pension fund management must be governed                            and Subsidiaries Management. This Work
         well and professionally to ensure the pension                       Unit integration will be a strong layering to
         fund grows and provides for participants by                         prevent fraud and other forms of violations.
         ensuring financial sustainability in retirement,
         giving employees (as participants) and the                   12. Implementation of Anti-Money Laundering and
         company or BNI (as the founder) a sense of                       Prevention of Terrorism Financing and Weapons
         security.                                                        of Mass Destruction Proliferation Financing
                                                                          a. The implementation of the Anti-Money
  11. Integrated Governance and Risk Management                              Laundering (AML), Terrorism Financing
      a. The Board of Commissioners advises                                  Prevention (TFP), and Weapons of Mass
         strengthening the implementation of TKT                             Destruction Proliferation Financing Prevention
         and Integrated Risk Management so that the                          (WMDPP) program, which has been well
         Integrated Governance and Risk Management                           executed, should always be evaluated and
         framework is updated to adjust to the direction                     updated with current policies and trends.
         of stakeholder policies and encourage close                         Additionally, the policies or guidelines that
         collaboration and communication between the                         have been developed should be socialized to
         functions of governance, risk management,                           all employees.
         compliance, and information technology so                        b. The Board of Commissioners advises the
         that good integrated governance and risk                            Board of Directors to ensure that all branch
         management can improve sustainability and                           offices and business units interacting with
         long-term performance.                                              customers are disciplined, including the
      b. Operational risks caused by fraud, integrity                        implementation of Enhanced Due Diligence
         issues, verification mechanisms that are                            (EDD) for customers categorized as “High
         not    implemented,     and    sanctions/fines                      Risk,” including Politically Exposed Persons
         from the Regulator due to non-compliance                            (PEP) and related parties, as well as performing
         with reporting obligations. The Board of                            screening for Walk-In Customers (WIC) using
         Commissioners provides advice so that                               the available platforms.
         the implementation of the operational                            c. The Negative List data, including PEP, should
         risk framework can truly be a guideline                             always be updated based on information
         in ensuring that the Three Lines of Model                           received from the Financial Transaction
         function effectively, internal processes are                        Reporting and Analysis Center (PPATK) and/
         implemented properly, and encourage an                              or other institutions, so it can be used as up-
         increase in KPMR to a decrease in fraud and                         to-date guidance in the customer screening
         operational losses.                                                 process.
                                                                          d. The Board of Commissioners advises the
                                                                             Board of Directors to ensure that the system
                                                                             supporting the analysis of Suspicious Financial
                                                                             Transaction Reports (LTKM) is equipped




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       with LTKM scenarios and accommodates                            BNI Mobile Banking application, will also be
       mandatory points so that all data included in                   available on the wondr by BNI app moving
       LTKM can be identified by the system.                           forward, ensuring that the positive synergy
    e. Regarding the implementation of AML, TFP,                       remains intact.
       and WMDPP at overseas branches (KLN), the                    g. Subsidiaries should mirror their parent
       Board of Commissioners reminds the Board of                     company, especially in terms of implementing
       Directors to ensure that all overseas branches                  compliance culture and anti-fraud strategies.
       consistently utilize the Nice Actimize system
       for the implementation of these programs.                    h. The Zero Fraud Tolerance commitment should
    f. The Board of Commissioners also advises                         become a value agreed upon within the BNI
       subsidiaries to ensure the achievement of data                  Financial Conglomerate, to be implemented
       updates for AML, TFP, and WMDPP, especially                     by all levels of employees, from the main
       for subsidiaries where this achievement                         entity to subsidiaries. Management must
       has not yet been optimal, as failure to meet                    emphasize that the financial conglomerate
       these standards will attract the attention of                   does not tolerate any form of fraud.
       regulators.                                                  i. The Board of Commissioners encourages
13. Subsidiaries                                                       the continued development of the Whistle
    a. The Board of Directors should periodically                      Blowing System (WBS) at both the main
       evaluate the work programs of each subsidiary                   entity and subsidiaries, as the Board
       and take corrective actions as necessary to                     believes the WBS at subsidiaries still needs
       ensure that subsidiaries contribute more                        improvement, particularly in building the
       effectively to the Bank.                                        trust of whistleblowers. The Board continues
    b. The Board of Commissioners asks the Board                       to remind that socialization should be more
       of Directors to regularly review Diamond                        intensive in educating employees and raising
       Clients and Wave Clients, as these will be                      the trust level, including in subsidiaries, to
       the targets for execution and expansion                         further enhance the WBS trust level.
       from the subsidiaries, and this information                  j. The Board of Commissioners notes that at the
       should be continually updated with the                          main entity level, attention has already been
       subsidiaries, especially if there are indications               given to the surveillance system, exception
       of deteriorating conditions or quality of each                  reports, and risk control testing. The Board
       Diamond Client and Wave Client.                                 advises that BNI must continue to develop a
    c. The Board of Commissioners also advises                         strong surveillance system, exception reports,
       subsidiaries that have not met targets to                       and risk control testing and encourage the
       continue to be supported in order to maximize                   strengthening of these systems at subsidiaries
       their contributions by the end of 2024.                         to ensure integrated anti-fraud measures that
    d. Subsidiaries are expected to continue to                        provide uniformity in the application of the
       enhance cooperation with BNI, particularly                      four pillars of anti-fraud within the financial
       regarding Learning Tools. The collaboration                     conglomerate.
       between BNI and its subsidiaries is also                     k. Both the main entity and subsidiaries
       expected to enrich training topics that can be                  should emphasize the implementation of
       provided to the employees of the subsidiaries.                  anti-gratification practices within the BNI
    e. The Board of Commissioners suggests                             Financial Conglomerate, focusing not only on
       considering the preparation of synergistic                      mitigation but also on forming strategies to
       efforts between BNI and its subsidiaries,                       prevent gratification.
       utilizing wondr by BNI, to increase the
       number of users and transactions by                      Board of Directors Decisions Requiring
       consumers and employees of subsidiaries,                 Approval from the Board of Commissioners
       as well as to leverage wondr by BNI as a                 [ACGS D.1.2]
       super app supporting subsidiary businesses,              The Board of Directors may issue Board of Directors
       in accordance with applicable sectoral                   Decrees to regulate specific matters related to
       regulations.                                             the operational and business management of the
    f. It must be ensured that the facilities and               Bank. However, there are exceptions for certain
       services related to BNI and subsidiary synergy,          matters where the Board of Directors must obtain
       which were previously available through the              prior approval from the Board of Commissioners




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  before issuing such decrees, as stipulated in the                   4) Determining and changing the Company’s logo;
  Board of Commissioners Decree within specific                       5) Determining the organizational structure one
  limits and/or criteria that have been approved by                       level below the Board of Directors;
  the Series A Dwiwarna Shareholder. Referring to                     6) Making capital investments, selling investments,
  the Bank’s Articles of Association and the Board of                     including changes to the capital structure of other
  Commissioners Decree, while observing applicable                        companies, subsidiaries, and joint ventures, not
  laws and regulations in the Capital Market and                          for debt recovery, in accordance with capital
  Banking sectors, the scope of the Board of Directors’                   market and banking regulations, with certain
  decisions that require written approval from the                        values set by the Board of Commissioners;
  Board of Commissioners is as follows:                               7) Establishing subsidiaries and/or joint ventures
  1) Disposal/transfer and/or pledging of the                             with values set by the Board of Commissioners
     Company’s assets with specific criteria and values                   in accordance with capital market and banking
     exceeding a certain amount set by the Board of                       regulations;
     Commissioners, except for assets related to the                  8) Proposing the Company’s representative as
     Company’s business activities in accordance                          a candidate for the Board of Directors and
     with applicable laws, such as credit, securities,                    Board of Commissioners at subsidiaries that
     collateral acquired, movable property, and                           significantly contribute to the Company and/or
     other assets obtained as part of the Company’s                       have strategic value, as determined by the Board
     operations, while considering regulations in the                     of Commissioners;
     capital market and banking sectors;                              9) Merging, consolidating, acquiring, demerging,
  2) Write-off of fixed assets due to certain conditions,                 or dissolving subsidiaries and joint ventures
     including:                                                           with values set by the Board of Commissioners
     (a) Loss;                                                            in accordance with capital market and banking
     (b) Destroyed;                                                       regulations;
     (c) Irreparable damage (total loss);                             10) Taking actions classified as material transactions
     (d) Transfer costs exceeding the economic value                      as defined by regulations in the capital market
         obtained from the transfer;                                      and banking sectors, with certain values set by
     (e) Dismantling       for    reconstruction       or                 the Board of Commissioners, except for material
         transformation into another Fixed Asset, with                    transactions excluded by applicable regulations
         a budget approved by the General Meeting                         in the capital market and banking sectors;
         of Shareholders (GMS)/Minister through the                   11) Actions not specified in the RKAP; and
         approval of the RKAP;                                        12) Transactions for the transfer, including selling,
     (f) Dismantling with no reconstruction due to                        relinquishing collection rights, and/or ceasing to
         other planned programs as per the RKAP;                          collect on:
     (g) Dismantling for reconstruction due to a                          a. Bad debt that has been written off as part of
         government program and/or                                            credit resolution, either in whole or in part;
     (h) Based on laws and/or a final court decision, the                 b. The difference between the value of bad
         Fixed Asset is no longer owned or controlled                         debt written off and the value of the transfer,
         by the SOE.                                                          including sales or relinquishing rights,
  3) Entering into cooperation with business entities                     which are carried out based on the policies of
     or other parties, in the form of Joint Operations                    the Board of Directors approved by the Board of
     (KSO), Joint Ventures (KSU), Licensing                               Commissioners and within the write-off ceiling
     Agreements,       Build-Operate-Transfer     (BOT),                  limit set by the GMS, which remains in effect
     Build-Transfer-Operate (BTO), Build-Operate-                         until new limits are established by the GMS.
     Own (BOO), and similar agreements with terms
     or values exceeding those set by the Board of
     Commissioners;




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The approval of the Board of Commissioners for                  16) Appointment of Ms. Nurani Raswindriati as
points 1, 3, 6, 7, 8, and 9 above, with specific limits             an Independent Member of the Integrated
and/or criteria, is established after approval by the               Governance Committee;
Series A Dwiwarna Shareholder. The establishment                17) Termination of the Appointment of Ms. Pasu
of these limits and/or criteria by the Board of                     Donnaria as an Expert Staff of the Board of
Commissioners has also been determined in                           Commissioners;
accordance with those approved by the Series A                  18) Charter of the Board of Commissioners of PT
Dwiwarna Shareholder and is documented in the                       Bank Negara Indonesia (Persero) Tbk;
Board of Commissioners’ Decree.                                 19) Rules of Procedure for Meetings of the Board of
                                                                    Commissioners and Joint Meetings of the Board
Implementation of Board of Commissioners’                           of Commissioners with the Board of Directors of
Decisions in 2024                                                   PT Bank Negara Indonesia (Persero) Tbk;
The Board of Commissioners has the authority to                 20) Appointment of Mr. Rudy Tandjung as a Member
issue Board of Commissioners Decrees related to                     of the Integrated Governance Committee;
strategic matters to assist and support the execution           21) Appointment of Mr. Mohamad Yusuf Permana
of its duties and responsibilities as the supervisory               as a Member of the Integrated Governance
organ of the Board of Directors, as well as to enforce              Committee and
the application of good governance principles in the            22) Appointment of Mr. Mohamad Yusuf Permana as
Bank. Below is a list of the Board of Commissioners’                a Member of the Nomination and Remuneration
Decrees that have been implemented during 2024,                     Committee.
including:
1) Appointment of Mr. Suhartono as a Member of                  Board of Commissioners’ Assessment of
    the Integrated Governance Committee;                        the Performance of Committees Under the
2) Appointment of Ms. Dwita Suherlina as an                     Board of Commissioners [ACGS D.5.7]
    Independent Member of the Risk Monitoring                   In order to enhance the role of the Board of
    Committee;                                                  Commissioners in carrying out its supervisory
3) Appointment of Mr. Human Brillianto as an                    and advisory functions to the Board of Directors,
    Independent Member of the Audit Committee;                  the Board of Commissioners has formed 4 (four)
4) Appointment of Mr. Bambang Setyogroho as                     supporting committees under it, namely:
    an Independent Member of the Risk Monitoring                1. Audit Committee;
    Committee;                                                  2. Risk Monitoring Committee;
5) Confirmation of the Appointment of Mr.                       3. Nomination and Remuneration Committee; and
    Pahala Nugraha Mansury as a Member of the                   4. Integrated Governance Committee.
    Nomination and Remuneration Committee;
6) Confirmation of the Appointment of Mr. Pahala                The four committees above act as complementary
    Nugraha Mansury as a Member of the Risk                     organs for each other in supervising the Bank, but
    Monitoring Committee;                                       each committee has responsibilities in different
7) Confirmation of Termination of Appointment                   areas.
    of Mr. Riswinandi as Member of the Integrated
    Governance Committee;                                       The Board of Commissioners periodically evaluates
8) Allowances and Facilities for Members of the                 the committees under its authority, including the
    Board of Directors and Board of Commissioners;              Audit Committee, Risk Monitoring Committee,
9) Adjustment        of   Honorarium,     Allowances,           Nomination      and    Remuneration     Committee,
    and Facilities for Independent Members of                   Risk Monitoring Committee, and Integrated
    Committees Under the Board of Commissioners;                Governance Committee. Every year at least once
10) Adjustment of Honorarium, Allowances, and                   a year, the Board of Commissioners provides a
    Facilities for Ms. Pasu Donnaria as Expert Staff of         performance assessment of the committees at
    the Board of Commissioners;                                 the Board of Commissioners level to ensure that
11) Charter of the Integrated Governance Committee              the committees carry out their functions, duties,
    of PT Bank Negara Indonesia (Persero) Tbk;                  and responsibilities, taking into account the main
12) Charter of the Risk Monitoring Committee of PT              performance indicators for the achievement of the
    Bank Negara Indonesia (Persero) Tbk;                        committees’ Work plans/programs established at the
13) Charter of the Audit Committee and Code of                  beginning of the year, the level of attendance and
    Ethics of the Audit Committee of PT Bank Negara             participation of committee members in meetings,
    Indonesia (Persero) Tbk;                                    and the submission of task implementation reports
14) Charter of the Nomination and Remuneration                  that describe the implementation of activities
    Committee of PT Bank Negara Indonesia                       carried out by the Audit Committee, Nomination
    (Persero) Tbk;                                              and Remuneration Committee, Risk Monitoring
15) Appointment of Mr. Suhendi Muharam as                       Committee, and Integrated Governance Committee.
    Independent Member of the Audit Committee;

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  Assessment Procedures and Criteria Used [ACGS                       responsibilities, each committee has played a role
  D.5.7]                                                              in providing recommendations to the Board of
  The Board of Commissioners provides a                               Commissioners, which serve as considerations and
  performance assessment of the committees at                         complement the Board’s perspective in carrying out
  the Board of Commissioners level to ensure that                     its supervisory function.
  the committees carry out their functions, duties,
  and responsibilities, taking into account the main                  The Board of Commissioners assesses that the
  performance indicators for the achievement of the                   committees at the Board of Commissioners level
  committees’ Work plans/programs established at the                  have carried out their functions, duties, and
  beginning of the year, the level of attendance and                  responsibilities well as described below:
  participation of committee members in meetings,
  and the submission of task implementation reports                   •   Audit Committee
  that describe the implementation of activities                          The Audit Committee carried out its oversight
  carried out by the Audit Committee, Nomination                          duties and responsibilities related to the review
  and Remuneration Committee, Risk Monitoring                             of financial information issued by the Bank to
  Committee, and Integrated Governance Committee.                         the public and/or to the Authorities. In addition,
                                                                          the Audit Committee also made reviews reviews
  In assessing the performance of committees under                        to ensure regulatory compliance relevant to
  the Board of Commissioners, BNI has a number of                         the Bank’s activities, gave recommendations
  criteria that are used as the basis for assessment,                     to the Board of Commissioners regarding the
  including at least:                                                     appointment of Public Accountants (AP) and
  a. Realization of the achievement of the committee’s                    Public Accounting Firms (KAP), and evaluated
      work plan/program during the financial year;                        the effectiveness of the implementation of audits/
  b. Level of attendance and participation in meetings;                   services rendered by Public Accountants (AP)
      and                                                                 and Public Accounting Firms (KAP). The Audit
  c. Submission of Task Implementation Report.                            Committee also reviewed the implementation
                                                                          of audits by internal and external auditors, and
  Party Conducting Performance Assessment of                              oversaw the implementation of follow-up actions
  Committees of the Board of Commissioners                                by the Board of Directors.
  [ACGS D.5.7]
  The Board of Commissioners periodically assesses                    •   Risk Monitoring Committee
  the performance of committees under the Board                           The Risk Monitoring Committee has assessed
  of Commissioners, including the Audit Committee,                        the suitability between risk management
  Risk Monitoring Committee, Nomination and                               policies and the implementation of Bank
  Remuneration     Committee,     Risk  Monitoring                        policies, and also monitors and evaluates
  Committee, and Integrated Governance Committee.                         the implementation of tasks by the risk
  At least once a year, the Board of Commissioners                        management committee and risk management
  provides a performance assessment of the                                work unit. The results of this assessment are
  committees at the Board of Commissioners                                used to provide recommendations to the
  level to ensure the implementation of activities                        Board of Commissioners. The Risk Monitoring
  carried out by the Audit Committee, Nomination                          Committee evaluates the implementation of
  and Remuneration Committee, Risk Monitoring                             risk management for the Bank’s 8 (eight) main
  Committee, and Integrated Governance Committee.                         risks, namely Credit Risk, Market Risk, Liquidity
                                                                          Risk, Operational Risk, Strategic Risk, Legal
  Result of Committee Performance Assessment in                           Risk, Compliance Risk, Reputation Risk, and
  2024                                                                    an additional 2 (two) other risks included in
  The Board of Commissioners has assessed that                            integrated risk management, namely Insurance
  throughout 2024, the committees under the Board                         Risk and Intragroup Transaction Risk.
  of Commissioners have performed their functions,
  duties, and responsibilities effectively, as evidenced              •   Nomination and Remuneration Committee
  by the successful realization of the work plans/                        The Nomination and Remuneration Committee
  programs set by each committee in 2024. The Board                       has also carried out its role in carrying out
  of Commissioners also evaluates that committee                          supervisory duties and obligations, which include
  members have achieved a high level of attendance                        evaluating and formulating recommendations
  and active participation in meetings, with each                         to the Board of Commissioners regarding
  committee providing periodic written reports                            regulations and policies related to nomination
  on the execution of their duties to the Board of                        and remuneration for members of the Board of
  Commissioners. In supporting the implementation                         Commissioners, Board of Directors, executive
  of the Board of Commissioners’ duties and                               officers and employees as a whole. This also


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     includes examining and assessing the company’s                1) Regulation of the Minister of State-Owned
     talent management policies, as well as evaluating                Enterprises No. PER-2/MBU/03/2023 dated March
     organizational development proposed by the                       3, 2023, concerning Guidelines for Governance
     Board of Directors in accordance with applicable                 and Significant Corporate Activities of State-
     regulations.                                                     Owned Enterprises and Regulation of the
                                                                      Minister of State-Owned Enterprises No. PER-3/
•    Integrated Governance Committee                                  MBU/03/2023 dated March 20, 2023, concerning
     The Integrated Governance Committee has                          Organs and Human Resources of State-
     evaluated the implementation of Integrated                       Owned Enterprises, the organs of the Board
     Governance by analyzing the level of                             of Commissioners may consist of the Audit
     effectiveness of internal control, implementation                Committee, Nomination and Remuneration
     of integrated compliance, and performance of the                 Committee, Risk Monitoring Committee, and
     Integrated Governance Guidelines. In addition,                   Integrated Governance Committee, as well as the
     this committee provides recommendations to                       Secretariat of the Board of Commissioners;
     the Board of Commissioners of the Main Entity                 2) Regulation of the Financial Services Authority
     regarding the results of the evaluation of the                   No. 18/POJK.03/2014, dated November 18, 2014,
     implementation of Integrated Governance, as                      concerning the Implementation of Integrated
     well as improvements that may be needed                          Governance for Financial Conglomerates,
     in the Integrated Governance Guidelines. The                     in order to support the effectiveness of the
     Integrated Corporate Governance Committee also                   implementation of its duties, the Board of
     assesses the conformity between the Integrated                   Commissioners of the Main Entity is required to
     Governance Policy and the implementation of                      form an Integrated Governance Committee;
     the policy and provides recommendations to                    3) Financial Services Authority Regulation No.
     the Board of Commissioners of the Main Entity                    45/POJK.03/2015, dated December 23, 2015,
     regarding the Integrated Governance policy and                   concerning the Implementation of Governance
     how to implement it, with the aim of ensuring that               in the Provision of Remuneration for Commercial
     Integrated Governance is managed effectively in                  Banks, in carrying out the task of supervising the
     all Financial Services Institutions within the BNI               implementation of the Remuneration policy and
     Financial Conglomerate.                                          periodically evaluating the Remuneration policy,
                                                                      the Board of Commissioners is required to form
Throughout 2024, the execution of programs and                        a Remuneration Committee;
work plans by the committees under the Board of                    4) Financial Services Authority Regulation No.
Commissioners was demonstrated by the level of                        55/POJK.04/2015, dated December 23, 2015,
participation, the number of meetings attended, and                   concerning the Establishment and Guidelines
the reports detailing the activities carried out by the               for the Implementation of the Audit Committee,
Audit Committee, Nomination and Remuneration                          Issuers or Public Companies are required to have
Committee, Risk Monitoring Committee, and                             an Audit Committee and
Integrated Governance Committee. This indicates                    5) Financial Services Authority Regulation No. 17 of
that these committees have effectively fulfilled their                2023, dated September 14, 2023, concerning the
duties and responsibilities.                                          Implementation of Governance for Commercial
                                                                      Banks, in order to support the effectiveness of the
Completeness of the Board of                                          implementation of duties and responsibilities,
Commissioners’ Organ                                                  the Board of Commissioners is required to form
To support the effective execution of the Board                       at least an Audit Committee, a Risk Monitoring
of Commissioners’ duties and responsibilities,                        Committee, and a Nomination and Remuneration
particularly in overseeing the management                             Committee.
of the Bank by the Board of Directors, BNI
establishes supporting organs under the Board                      Committees Under the Board of
of Commissioners, which consist of committees                      Commissioners
under the Board of Commissioners and the Board                     In consideration of BNI’s business needs and
of Commissioners Secretariat. The establishment                    applicable regulations, the Bank has established
and implementation of the Secretariat of the Board                 several supporting committees under the Board of
of Commissioners and the supporting committees                     Commissioners, which are tasked with and directly
under the Board of Commissioners have taken                        responsible to the Board of Commissioners. The
into account the provisions of applicable laws and                 existence of these supporting committees is expected
regulations, including:                                            to enhance the effectiveness of the supervisory or
                                                                   control functions over the management of the Bank
                                                                   by the Board of Directors, as well as help ensure
                                                                   the implementation of governance pillars across


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  all business and operational aspects of the Bank.                      of the Audit Committee of PT Bank Negara
  In 2024, the Board of Commissioners has 4 (four)                       Indonesia (Persero) Tbk”;
  committees to support the implementation of its                     2) Decree of the Board of Commissioners No.
  duties and responsibilities, including:                                KEP/016/DK/2024, dated June 6, 2024, concerning
  1) Audit Committee (KA);                                               the “Integrated Governance Committee Charter”;
  2) Risk Monitoring Committee (KPR);                                 3) Decree of the Board of Commissioners No.
  3) Nomination and Remuneration Committee                               KEP/019/DK/2024, dated June 6, 2024, concerning
      (KNR); and                                                         the “Nomination and Remuneration Committee
  4) Integrated Governance Committee (KTKT).                             Charter”; and
                                                                      4) Decree of the Board of Commissioners No.
  The Board of Commissioners has established                             KEP/017/DK/2024, dated June 6, 2024, concerning
  written guidelines or charters that clearly govern                     the “Risk Monitoring Committee Charter.”.
  the procedures for the appointment, dismissal,
  assignment of duties, and determination of                          At the beginning of each year, all committees
  honorariums for members of committees under                         under the Board of Commissioners prepare their
  the Board of Commissioners. These guidelines or                     respective Work Plan Programs to be used as a
  charters are reviewed periodically and refined or                   reference in carrying out their duties in assisting
  updated to align with developments or changes                       the implementation of the Board of Commissioners’
  in applicable legal regulations and current                         duties, both through monitoring activities, reviewing/
  conditions. The most recent update was carried out                  reviewing and providing advice or recommendations
  in 2018, as stipulated in the Decree of the Board                   to the Board of Commissioners regarding matters
  of Commissioners No. KEP/002/DK/2018, dated                         related to the functions and duties of the relevant
  February 8, 2018, concerning “General Provisions for                committees through the following mechanisms:
  the Appointment, Dismissal, Assignment of Duties,                   1) The Committee holds meetings both internally
  and Honorariums for Members of Committees Under                        and by inviting the relevant Director, unit and/or
  the Board of Commissioners,” which essentially                         division and/or related unit;
  includes the following provisions:                                  2) The Committee conducts a review/evaluation/
  1) Procedures for appointing Committee members;                        review and discussion/discussion outside the
  2) Main points that need to be regulated in the                        meeting forum, which, if necessary, is conducted
      work agreement for Committee members from                          with related units or divisions/units;
      independent parties with BNI;                                   3) The results of the meeting or evaluation/review
  3) Provisions on Concurrent Positions, outlining the                   and discussion/discussion outside the meeting
      permitted and prohibited dual roles for committee                  forum are submitted by the Committee Chair to
      members in accordance with applicable laws and                     the Board of Commissioners as a report either
      regulations.                                                       in writing or in the Board of Commissioners
  4) Period of appointment/term of office of committee                   Meeting forum discussing the related agenda;
      members;                                                           and
  5) Division of tasks and scope of duties of the                     4) The Committees under the Board of
      Committee;                                                         Commissioners submit a report on the realization
  6) Obligation of attendance of Committee members                       of their work programs/activities every quarter to
      at the Company;                                                    the Board of Commissioners.
  7) Honorarium for Committee members from
      independent parties;                                            Further information related to each Committee is
  8) Evaluation/assessment of the performance of                      presented separately in a separate sub-chapter,
      Committee members from independent parties;                     page 802.
  9) Termination of Appointment of Committee
      members; and                                                    Performance Assessment of Committees
  10) Resignation of Committee members.                               Under the Board of Commissioners
                                                                      Information related to the performance assessment
  Working Mechanism of Committees Under                               of the committees under the Board of Commissioners
  the Board of Commissioners                                          has been presented separately in a separate sub-
  The implementation of the duties of the committees                  chapter, page 706.
  under the Board of Commissioners must be guided
  by the respective Committee Charters as established                 Performance Assessment or Evaluation of
  through the Board of Commissioners Decree and                       Independent Committee Members
  published on the Bank’s official website, namely:                   The committee chair conducts performance
  1) Decree of the Board of Commissioners No.                         evaluations of independent committee members
     KEP/018/DK/2024 dated June 6, 2024, concerning                   annually or as needed at any time. The performance
     the “Audit Committee Charter and Code of Ethics                  evaluation includes Performance Assessment


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Indicators that cover but are not limited to, the               are required to sign the attendance register at the
competence and expertise, quality of output,                    Bank when carrying out tasks beyond attending
discipline, and attendance of the respective                    Committee Meetings. If necessary, at the request of
committee members at the Bank, as well as the                   the Board of Commissioners and/or the committee
execution of duties and responsibilities in accordance          chairperson, independent committee members
with the committee charter and work procedures                  must also be present at the Bank, during Board of
applicable to independent committee members                     Commissioners Meetings or Committee Meetings,
under the Board of Commissioners. Furthermore,                  or at specific activities that require the presence
the results of the evaluation and assessment, as                of the Board of Commissioners. This requirement
referred to, are submitted as recommendations to the            applies outside the previously established frequency
Board of Commissioners to extend or terminate the               and schedule of routine attendance. Information
appointment of the committee members concerned                  regarding the committees under the Board of
at the Bank. The assessment factors used as the                 Commissioners and the Secretary of the Board
basis for assessing the performance of committee                of Commissioners is provided in a separate sub-
members under the Board of Commissioners who                    chapter.
come from independent parties (not the Board of
Commissioners), are as follows:                                 Board of Commissioners Secretariat Organ
1. Duties according to the Committee Charter                    The BNI Board of Commissioners Secretariat
   (weight 25%);                                                is headed by the Secretary of the Board of
2. Competence and Skill (weight 30%);                           Commissioners, an external appointee, supported
3. Output Quality (weight 30%); and                             by the staff of the Board of Commissioners
4. Attendance Level (15%).                                      Secretariat. The functions and duties of the Board
                                                                of Commissioners Secretariat and the Secretary
Obligation of Attendance of Committee                           of the Board of Commissioners are carried out in
Members Coming from Independent Parties                         accordance with the Regulation of the Minister of
Independent committee members from outside the                  State-Owned Enterprises No. PER-3/MBU/03/2023,
Bank are required to be present regularly during                dated March 20, 2023, concerning the Organs and
the Bank’s working days and hours, in accordance                Human Resources of State-Owned Enterprises.
with the schedule determined by the Board of                    Information regarding the Secretariat of the Board
Commissioners and/or the committee chairperson.                 of Commissioners and the Secretary of the Board
This includes attending Committee Meetings and                  of Commissioners is presented in a separate sub-
performing other assigned duties. Additionally, they            chapter.




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  Independent
  Commissioner

  Independent Commissioners are members of the                        Criteria and Number of Independent
  Board of Commissioners who do not have financial,                   Commissioners
  management, share ownership, and/or familial                        As of December 31, 2024, BNI has 6 (six) Independent
  relationships with fellow members of the Board                      Commissioners or 54.55% of the total members
  of Commissioners, the Board of Directors, and/or                    of the Board of Commissioners of 11 (eleven)
  Controlling Shareholders or other relationships that                people. Therefore, the number of BNI Independent
  could influence their ability to act independently.                 Commissioners has met the criteria required in
  The Independent Commissioner is responsible for                     POJK No. 17 of 2023, namely a minimum of 50% of
  supervising and also representing the interests                     the total members of the Board of Commissioners.
  of minority shareholders in accordance with GCG                     The number of BNI Independent Commissioners
  principles. Determination of the criteria and number                has also met the minimum number of Independent
  of Bank Independent Commissioners has met the                       Commissioners regulated in the ASEAN Corporate
  requirements in accordance with OJK Circular Letter                 Governance Scorecard, which requires the number
  No. 13/SEOJK.03/2017 concerning Implementation                      of Independent Commissioners to be 50% (fifty
  of Governance for Commercial Banks, including                       percent) of the total number of members of the
  POJK No. 17 of 2023 concerning the Implementation                   Board of Commissioners. [ACGS (B).D.4.1, D.2.4]
  of Governance for Commercial Banks.

  The current members of the Bank’s Independent Commissioners are as follows:
    No.           Name                              Position                  Legal Basis of Appointment         Term of Office
     1    Pradjoto                    President Commissioner/Independent       EGMS September 19, 2023              2020-2025
                                      Commissioner
     2    Sigit Widyawan              Independent Commissioner                 AGMS March 15, 2023                  2023-2028
     3    Asmawi Syam                 Independent Commissioner                 AGMS February 20, 2020               2020-2025
     4    Iman Sugema                 Independent Commissioner                 AGMS February 20, 2020               2020-2025
     5    Septian Hario Seto          Independent Commissioner                 AGMS February 20, 2020               2020-2025
     6    Erwin Rijanto Slamet        Independent Commissioner                 AGMS March 29, 2021                  2021-2026


  The Bank always pays attention to the individual criteria that Independent Commissioners must fulfill,
  especially regarding the requirements and criteria for Independent Commissioners as further regulated
  through other applicable laws and regulations, in particular:
  1. Law no. 40 of 2007 concerning Limited Liability Companies as amended by Law No. 6 of 2023 concerning
     the Stipulation of Government Regulations in Lieu of Law Number 2 of 2022 concerning Job Creation
     into Law, which regulates that:
     a. The Company’s Articles of Association may regulate the existence of 1 (one) or more independent
        commissioners and 1 (one) delegate commissioner; and
     b. Independent commissioners are appointed based on GMS resolutions from parties who are not
        affiliated with the major shareholders, members of the Board of Directors, and/or other members of
        the Board of Commissioners.

  2. Financial Services Authority Regulation No. 33/POJK.04/2014 dated December 8, 2014 concerning the
     Board of Directors and the Board of Commissioners of Issuers or Independent Commissioner of Public
     Companies, which regulates that:
     a. Independent Commissioners are members of the Board of Commissioners who come from outside
        the Issuer or Public Company and fulfill the requirements as Independent Commissioners as referred
        to in the POJK;
     b. Independent Commissioners must fulfill the following requirements:
        i. Not a person who works or has the authority and responsibility to plan, lead, control or supervise
            the activities of an Issuer or Public Company within the last 6 (six) months, except for reappointment
            as an Independent Commissioner of an Issuer or Public Company in the following period;
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      ii. Does not own shares, either directly or               4. Financial Services Authority Circular No. 13/
           indirectly, in the Issuer or Public Company;            SEOJK.03/2017 dated March 17, 2017 concerning
      iii. Does not have affiliation with the Issuer               the Implementation of Governance for
           or Public Company, member of the Board                  Commercial Banks, which regulates that:
           of Commissioners, member of the Board                   a) Independent Commissioners are members
           of Directors, or major shareholder of the                  of the Board of Commissioners who do not
           Issuer or Public Company; and                              have financial relationships, management
   c) Does not have any direct or indirect business                   relationships, ownership relationships, and/
      relationships related to the business activities                or familial relationships with members of
      of the Issuer or Public Company.                                the Board of Directors, other members of the
3. Financial Services Authority Regulation No. 17 of                  Board of Commissioners, and/or controlling
   2023 dated September 14, 2023 concerning the                       shareholders, or relationships with the
   Implementation of Governance for Commercial                        Bank that could affect their ability to act
   Banks, which regulates that:                                       independently;
   a) Candidates for Independent Commissioners                     b) The definition of having financial relationships,
      must have:                                                      management         relationships,     ownership
      i. Knowledge in the banking sector that is                      relationships, and/or familial relationships
           adequate and relevant to the position as                   with members of the Board of Directors, other
           Independent Commissioner; and                              members of the Board of Commissioners, and/
      ii. Experience in banking and/or finance.                       or controlling shareholders, or relationships
   b) Former members of the Board of Directors                        with banks that can influence the ability to act
      or Executive Officers of the Bank or parties                    non-independently, is referred to as guided
      who have a relationship with the Bank who                       by the definition, which is regulated in the
      may influence the person’s ability to act                       applicable laws and regulations, in particular
      independently must undergo a cooling-off                        the Financial Services Authority Circular
      period of at least 1 year before becoming                       Letter concerning the Implementation of
      an Independent Commissioner at the Bank                         Governance for Commercial Banks.
      concerned.
   c) Non-Independent Commissioners can change                  5. Financial Services Authority Circular No. 28/
      to become Independent Commissioners at the                   SEOJK.03/2022 dated December 22, 2022
      Bank or bank business group concerned by                     concerning Risk Management Certification for
      fulfilling the requirements as an Independent                Commercial Bank Human Resources, which
      Commissioner.                                                regulates that Ownership of a Risk Management
   d) Non-Independent            Commissioners     who             Certificate is one aspect of assessing competency
      will transition to become Independent                        factors in assessing the ability and suitability of
      Commissioners at the Bank concerned are                      prospective members of the Board of Directors
      required to undergo a cooling-off period of at               and prospective members of the Board of
      least 1 (one) year.                                          Commissioners in accordance with provisions of
   e) The      transition      from    Non-Independent             the Financial Services Authority regarding the fit
      Commissioner to Independent Commissioner                     and proper test for the main parties of financial
      must obtain OJK approval through a fit                       services institutions.
      and proper test in accordance with POJK
      regarding fit and proper tests for financial
      services institutions.




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  Statement of Independence of Independent Commissioners
  In line with the provisions of Article 25 paragraph (1) OJK Regulation no. 33/POJK.04/2014 concerning
  the Board of Directors and Board of Commissioners of Issuers or Public Companies, BNI ensures that all
  Independent Commissioners in office have fulfilled the independence requirements as evidenced by the
  absence of financial, management, share ownership, and/or familial relationships with members of the
  Board of Directors, other members of the Board of Commissioners, and/or controlling shareholders, or
  relationships with other companies that may affect the person’s ability to act independently. The following
  is a statement of independence from each Independent Commissioner:
                                 Has no financial                                                   No Family Relationship with the
                                                        Has No Management          Has no Share
                                relationship with                                                   Board of Commissioners, Board
                                                        Relationship in BNI,        Ownership
            Name                   the Board of                                                       of Directors, and/or Fellow
                                                       Subsidiary, or Affiliated   Relationship
                               Commissioners and                                                      Members of the Nomination
                                                            Companies                 in BNI
                                     Directors                                                       and Remuneration Committee
   Pradjoto
   Sigit Widyawan
   Asmawi Syam
   Iman Sugema
   Septian Hario Seto
   Erwin Rijanto Slamet


  Each member of the Independent Commissioner makes a statement of independence, and this has been
  submitted to the OJK as one of the requirements to be able to take part in the fit and proper test process at
  the OJK. In 2024, the Independent Commissioners serving are as follows:

  INDEPENDENCE ATTACHMENT

  Attachment to the Statement of Independence of the Independent Commissioner


     1. Pradjoto                                                          2. Sigit Widyawan




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3. Asmawi Syam                                                 4. Iman Sugema




5. Septian Hario Seto                                          6. Erwin Rijanto Slamet




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  Board of Directors

        The Board of Directors is the primary governing body within BNI’s governance structure, collectively carrying
        out its duties and assuming full responsibility for the management and administration of the Bank in line with its
        interests and objectives. The Board ensures the smooth execution of the Bank’s business activities and represents
        the Bank both within and outside the courts, in accordance with the provisions of the Bank’s Articles of Association.
        Each member of the Board of Directors performs their duties based on assigned roles and authorities to enhance
        management effectiveness and maximize outcomes. Furthermore, every member must fulfill their duties and
        responsibilities with integrity and good faith, adhering to the Bank’s Articles of Association and all applicable laws
        and regulations in Indonesia


  In relation to GCG practices, the Board of Directors                BOARD OF DIRECTORS CHARTER [ACGS D.1.1]
  plays a key role in the successful implementation
  of GCG principles within the Bank’s internal scope.                 BNI has written work guidelines that are binding
  With the assistance of supporting organs under it,                  and must be adhered to by all members of the
  the Board of Directors ensures that GCG principles                  Board of Directors in carrying out their duties and
  have been applied consistently in every aspect of                   responsibilities. The Board of Directors' Charter was
  BNI’s business processes and always upholds a                       ratified through BNI Board of Directors' Decree No.
  professional, objective, strategic-minded attitude                  KP/339/DIR dated August 6, 2024. In general, this
  and prioritizes the Bank’s interests in all actions                 Board of Directors Charter contains and regulates
  or strategic steps taken. The Board of Directors is                 matters relating to General Provisions, Accountability
  accountable for the implementation of its duties and                and Responsibility of the Board of Directors,
  responsibilities to shareholders at the GMS.                        Number of Composition and Independence of the
                                                                      Board of Directors, Code of Ethics and Behavior for
  LEGAL BASIS                                                         the Board of Directors, Requirements for Members
                                                                      of the Board of Directors, Contract Signing
  The formation and appointment of the BNI Board of                   Management of members of the Board of Directors,
  Directors is guided by several provisions, including:               Procedures for Appointing Members of the Board
  1) Law No. 40 of 2007 concerning Limited Liability                  of Directors, Dismissal of Members of the Board of
     Companies as amended by Law No. 6 of                             Directors, Resignation of Members of the Board of
     2023 concerning Stipulation of Government                        Directors, End of Term of Office of Members of the
     Regulations in Lieu of Law No. 2 of 2022                         Board of Directors, Company Management Policy
     concerning Job Creation becomes law;                             by the Board of Directors, Division of Duties and
  2) Financial Services Authority Regulation No. 33/                  Authority of the Board of Directors, Regulation of
     POJK.04/2014 concerning the Board of Directors                   Authority and Decision Procedures of the Board of
     and the Board of Commissioners of Issuers or                     Directors, Duties, Authority, and Responsibilities
     Public Companies;                                                of the Board of Directors, Actions of the Board of
  3) Regulation of the Minister of SOE Number                         Directors, which must obtain Written Approval from
     PER-2/MBU/03/2023 concerning Guidelines for                      the Board of Commissioners, Actions of the Board
     Governance and Significant Corporate Activities                  of Directors, which must obtain Approval from the
     of State-Owned Enterprises;                                      GMS, Actions that Can Only Be Done by the Board
  4) Regulation of the Minister of SOE Number PER-                    of Directors After Obtaining a Written Response
     3/MBU/03/2023 concerning Organs and Human                        from the Board of Commissioners and Obtaining
     Resources of State-Owned Enterprises                             Approval from the GMS, Board of Directors
  5) Bank Articles of Association                                     Meeting, Annual Management Contract and Main
  6) The Board of Directors' Decree Number KP/339/                    Performance Indicators, the Board of Directors'
     DIR dated August 6, 2024, concerning the Charter                 Remuneration, the Board of Directors' Succession
     of the Board of Directors of PT Bank Negara                      Policy, Income for Concurrent Positions, Working
     Indonesia (Persero) Tbk                                          Relationship between Board of Directors and Board
                                                                      of Commissioners, Work Hours, Leave for the Board
                                                                      of Directors Member, Company Induction Program,
                                                                      Competency Improvement of the Board of Directors,
                                                                      Transparency Aspects of the Board of Directors,
                                                                      Prohibition of Taking Personal Profits and Conflicts
                                                                      of Interest.
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The Board of Directors' Charter is reviewed periodically based on applicable regulations, international
best practices, and best governance practices. If necessary, the Board of Directors Charter can be updated
in accordance with regulatory developments and the Bank's business dynamics, with the approval of all
members of the Board of Directors. The Board of Directors Charter was updated on August 6, 2024, and
uploaded to the Bank's website.

CRITERIA OR QUALIFICATIONS OF THE BOARD OF DIRECTORS [ACGS D.3.9, D.3.11]

In the nomination or succession process for the Board of Directors, the Bank is obliged to pay attention to
the criteria or qualifications of prospective members of the Board of Directors as regulated in the BNI Board
of Directors' Work Guidelines and Procedures. The Bank ensures that all serving members of the Board of
Directors have the required skills and expertise, as well as a time commitment to the Company, in order to
achieve the goals and best interests of the Bank. A person can be appointed as a BNI Board of Director if
deemed capable of carrying out legal actions and has at least fulfilled the following requirements:
                                                                            Novita Widya Anggraini


                                                                                                     Corina Leyla Karnalies




                                                                                                                                                                                                                                                 Munadi Herlambang*
                                                                                                                                                                                             I Made Sukajaya




                                                                                                                                                                                                                                 Agung Prabowo
                                                                                                                                                                                                               Kartadjoemena
                                                            Putrama Wahju
                                           Royke Tumilaar




                                                                                                                                                                                                               Hussein Paolo
                                                                                                                                David Pirzada




                                                                                                                                                                             Toto Prasetio
                                                                                                                                                Ronny Venir


                                                                                                                                                                  Mucharom
                                                              Setyawan




         Criteria or Requirement




1. Integrity, at least including:
    a) Proficient in performing
       legal actions in the 5 (five)
       years before appointment
       and during their term of
       office:
       • Has never been
           declared bankrupt; or
       • Has never been a
           member of the Board
           of Directors or a
           member of the Board
           of Commissioners
           found guilty of causing
           a company to be
           declared bankrupt
           based on a court
           decision.
    b) Has good character and
       morals;
    c) Has the commitment to
       comply with prevailing
       laws and regulations;
    d) Has the commitment
       to develop sound Bank
       operations;
    e) Has not been included in
       the list of those failing to
       pass the fit and proper
       test;
    f)    Has a commitment to
          not take and/or repeat
          certain actions and/or
          actions, for candidates for
          members of the Board of
          Directors or candidates
          for members of the Board
          of Commissioners who
          have not passed the fit
          and proper test and have
          undergone sanctions;.



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                                                                               Novita Widya Anggraini


                                                                                                        Corina Leyla Karnalies




                                                                                                                                                                                                                                                    Munadi Herlambang*
                                                                                                                                                                                                  I Made Sukajaya




                                                                                                                                                                                                                                    Agung Prabowo
                                                                                                                                                                                                                    Kartadjoemena
                                                               Putrama Wahju
                                              Royke Tumilaar




                                                                                                                                                                                                                    Hussein Paolo
                                                                                                                                     David Pirzada




                                                                                                                                                                                  Toto Prasetio
                                                                                                                                                     Ronny Venir


                                                                                                                                                                       Mucharom
                                                                 Setyawan
         Criteria or Requirement




   2. Competencies, at least including:
       a) Sufficient knowledge in
          banking relevant to the
          position;
       b) Has the experience and
          expertise in banking and/
          or finance; and
       c) The ability to carry out
          strategic management in
          the context of developing
          the company and its
          subsidiaries.
   3. Has a good financial
      reputation with no bad loans;
   4. Complies with the laws and
      regulations in the field of
      Banking, Capital Market,
      other laws and regulations
      and the Company’s Articles of
      Association;
   5. Between fellow members
      of the Board of Directors,
      and between members
      of the Board of Directors
      and members of the Board
      of Commissioners, it is
      prohibited to have blood
      relationship up to the third
      degree either in a straight line
      or a sideways line or an affair
      (son-in-law or brother-in-law).
   6. Time commitment to the
      company
  * Has not been effective




  TERM OF OFFICE OF THE BOARD OF DIRECTORS [ACGS D.2.5]

  As regulated in the Board of Directors' Work Guidelines and Procedures, the longest term of office for the
  Board of Directors is 2 (two) periods with the following provisions:
  1) The Board of Directors members are appointed for a period commencing from the date determined
     by the GMS that appoints them and ends at the closing of the 5 (fifth) Annual GMS after the date of
     appointment on condition that it should not exceed a period of 5 (five) years, by observing the laws and
     regulations in the Capital Market sector, but without reducing the right of the GMS to dismiss at any time
     any members of the Board of Directors before their term of office ends; and
  2) Dismissal is effective from the closing of the GMS, unless otherwise determined by the GMS.




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STRUCTURE, NUMBER, AND COMPOSITION                                    other members of the Board of Directors, and
OF THE BOARD OF DIRECTORS IN 2024                                     members of the BNI Board of Commissioners;
                                                                   7) The replacement and/or appointment of members
The number of members of the BNI Board of Directors                   of the BNI Board of Directors has considered
is based on the need to achieve the goals and                         the recommendations of the Nomination and
objectives and is adjusted to the Bank's conditions,                  Remuneration Committee and obtained approval
which include the characteristics, capacity, and size                 from shareholders, including non-controlling
of the Bank, as well as paying attention to aspects                   shareholders, and obtained OJK approval; [ACGS
of the diversity of the composition of the Board of                    A.2.2]
Directors members. The structure, number, and                      8) All members of the BNI Board of Directors do not
composition of members of the Board of Directors                      have familial relationships up to the third degree
have also been adjusted to achieve effective                          with fellow members of the Board of Directors
decision-making and have complied with applicable                     and/or Board of Commissioners or Controlling
provisions as regulated in the BNI Board of Directors'                Shareholders; and
Work Guidelines and Procedures, namely:                            9) All members of the BNI Board of Directors have
1) The number of members of the BNI Board of                          passed the Fit and Proper Test.
    Directors serving as of December 31, 2024, is 12
    (twelve) people, consisting of 1 (one) President               In connection with the dismissal, changes in position
    Director, and 1 (one) Deputy President Director;               nomenclature, transfer of duties, and appointment
2) 1 (one) Director who concurrently serves as                     of members of the Board of Directors based on the
    Compliance Director and 9 (nine) other Directors;              resolution of the 2024 Annual GMS held on March 4,
3) The number of members of the BNI Board of                       2024, the number and composition of the BNI Board
    Directors is greater than the number of members                of Directors underwent changes with the following
    of the BNI Board of Commissioners;                             description:
4) All members of the BNI Board of Directors are
    domiciled in Jakarta, Indonesia;                               January 1, 2024 – March 4, 2024 Period:
5) The majority of members of the BNI Board of                     In the period January 1, 2024–March 4, 2024, the
    Directors have at least 5 (five) years of experience           number of BNI Board of Directors is 12 (twelve)
    in the operational field as Bank executive officers;           people, consisting of 1 (one) President Director,
6) The Board of Directors is led by the President                  1 (one) Deputy President Director, and 10 (ten)
    Director, who comes from a party that is                       Directors.
    independent of the Controlling Shareholders,

Board of Directors Composition for the January 1, 2024-March 4, 2024 Period
                                                                                                                      Effective
       Name                  Position             Domicile                Date of Appointment
                                                                                                                       Date*
Royke Tumilaar       President Director            Jakarta      September 2, 2020                              November 19, 2020
Adi Sulistyowati                                                • March 17, 2015 (Appointed as                 • May 22, 2015
                     Deputy President                             Institutional Relations Director)
                                                   Jakarta
                     Director                                   • September 2, 2020 (Transfer to Deputy        • November 6, 2020
                                                                  President Director)
Novita Widya
                     Finance Director              Jakarta      September 2, 2020                              November 19, 2020
Anggraini
Corina Leyla         Digital and
Karnalies            Integrated Transaction        Jakarta      February 20, 2020                              June 26, 2020
                     Banking Director
Sis Apik Wijayanto   Enterprise and
                     Commercial Banking            Jakarta      February 20, 2020                              June 26, 2020
                     Director
David Pirzada        Risk Management
                                                   Jakarta      September 2, 2020                              December 1, 2020
                     Director
Silvano Winston      Wholesale and
Rumantir             International Banking         Jakarta      September 2, 2020                              December 1, 2020
                     Director
Ronny Venir          Network and Services
                                                   Jakarta      September 2, 2020                              November 6, 2020
                     Director
Muhammad Iqbal       Institutional
                                                   Jakarta      September 2, 2020                              November 19, 2020
                     Banking Director
Putrama Wahju
                     Retail Banking Director       Jakarta      August 31, 2022                                December 23, 2022
Setyawan



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                                                                                                                                  Effective
          Name                      Position               Domicile                  Date of Appointment
                                                                                                                                   Date*
   Mucharom                 Human Capital and
                                                           Jakarta       August 31, 2022                                    January 6, 2023
                            Compliance Director
   Toto Prasetio            Technology and                 Jakarta       August 31, 2022                                    January 31, 2023
                            Operations Director
   * The Board of Directors is effective after obtaining OJK Approval on the Fit and Proper Test. This is in accordance with OJK regulation No. 27/
     POJK.03/2016 dated July 22, 2016 concerning Fit and Proper Test for Key Parties of Financial Services Institutions.



  March 4, 2024 – December 31, 2024 Period
  In the period March 4, 2024–December 31, 2024, there were changes to the composition and transfer of
  assignments of members of the Board of Directors in accordance with the 2024 Annual GMS, which was
  held on March 4, 2024. With these changes, the structure and composition of the BNI Board of Directors with
  the new nomenclature are as follows:

  Board of Directors Composition for the March 4, 2024–December 31, 2024 Period
                                                                                                                                  Effective
          Name                      Position               Domicile                  Date of Appointment
                                                                                                                                   Date*
   Royke Tumilaar           President Director             Jakarta       September 2, 2020                                  November19, 2020
   Putrama Wahju            Deputy President               Jakarta       • August 31 2022 (Appointed as Retail              • December 23,
   Setyawan                 Director                                       Banking Director)                                  2022
                                                                         • March 4, 2024 (Transfer to Deputy                • September 2,
                                                                           President Director)                                2024
   Novita Widya             Finance Director               Jakarta       September 2, 2020                                  November 19, 2020
   Anggraini
   Corina Leyla             Retail Banking Director        Jakarta       February 20, 2020                                  June 26, 2020
   Karnalies
   David Pirzada            Risk                           Jakarta       September 2, 2020                                  December 1, 2020
                            Management Director
   Ronny Venir              Network and Services           Jakarta       September 2, 2020                                  November 6, 2020
                            Director
   Mucharom                 Human Capital and              Jakarta       August 31, 2022                                    January 6, 2023
                            Compliance Director
   Toto Prasetio            Technology and                 Jakarta       August 31, 2022                                    January 31, 2023
                            Operations Director
   I Made Sukajaya          Enterprise and                 Jakarta       March 4, 2024                                      September 2, 2024
                            Commercial Banking
                            Director
   Hussein Paolo            Digital and Integrated         Jakarta       March 4, 2024                                      September 2, 2024
   Kartadjoemena            Transaction Banking
                            Director
   Agung Prabowo            Wholesale and                  Jakarta       March 4, 2024                                      October 9, 2024
                            International Banking
                            Director
   Munadi                   Institutional Banking          Jakarta       March 4, 2024                                      Has not been
   Herlambang**             Director                                                                                        effective
  * The Board of Directors is effective after obtaining OJK Approval on the Fit and Proper Test. This is in accordance with OJK regulation No. 27/
     POJK.03/2016 dated July 22, 2016 concerning Fit and Proper Test for Key Parties of Financial Services Institutions.
  ** Has not been effective



  Referring to the composition of the Board of Directors as of December 31, 2024, according to the table
  above, it can be seen that BNI has 2 (two) female Directors who have the capacity and abilities in their fields,
  namely: [ACGS (B).D.1.1]
  - Novita Widya Anggraini: Finance Director
  - Corina Leyla Karnalies: Retail Banking Director

  In addition to encouraging the leadership and role of women at the top management level, BNI also ensures
  the independence of the Board of Directors in their work, as evidenced by the fact that no Director has
  served more than two terms of five years each in the same capacity. More detailed disclosure regarding the
  career history of each Director can be seen in the Company Profile Chapter, under the Board of Directors'
  Profile sub-chapter of this 2024 Annual Report.
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BASIS FOR APPOINTMENT OF MEMBERS OF THE BOARD OF DIRECTORS

The mechanism for appointing and dismissing members of the Board of Directors is carried out by the GMS
in accordance with the provisions of Article 11, paragraph (10) of the Bank's Articles of Association. The
appointment of each member of the Board of Directors can be seen in the table below:
 No.              Name                         Position                     Basis for Appointment                  Position Period
  1    Royke Tumilaar               President Director            EGMS on September 2, 2020                          2020-2025
  2    Putrama Wahju                Deputy President Director     EGMS on August 31, 2022, then reassigned           2022-2027
       Setyawan                                                   as Deputy President Director at AGMS on
                                                                  March 4, 2024.
  3    Novita Widya Anggraini       Finance                       EGMS on September 2, 2020                          2020-2025
                                    Director
  4    Corina Leyla Karnalies       Retail Banking                EGMS on February 20, 2020                          2020-2025
                                    Director
  5    David Pirzada                Risk Management Director      EGMS on September 2, 2020                          2020-2025
  6    Ronny Venir                  Network and Services          EGMS on September 2, 2020                          2020-2025
                                    Director
  7    Mucharom                     Human Capital and             EGMS on August 31, 2022                            2022-2027
                                    Compliance Director
  8    Toto Prasetio                Technology and                EGMS on August 31, 2022                            2022-2027
                                    Operations Director
  9    I Made Sukajaya              Enterprise and                AGMS decision on March 4, 2024                     2024-2029
                                    Commercial Banking
                                    Director
  10   Hussein Paolo                Digital and Integrated        AGMS decision on March 4, 2024                     2024-2029
       Kartadjoemena                Transaction Banking
                                    Director
  11   Agung Prabowo                Wholesale and                 AGMS decision on March 4, 2024                     2024-2029
                                    International Banking
                                    Director
  12   Munadi Herlambang*           Institutional Banking         AGMS decision on March 4, 2024                     2024-2029
                                    Director
* Has not been effective



Based on the disclosure table above, it can be seen that the BNI Board of Directors is led by the President
Director and does not have an Independent Director because it adheres to the two-board system principle
so that the role of the Independent Director is transferred to the Deputy President Director. The procedures
for selecting and appointing the BNI Board of Directors refer to the Board of Director Succession Policy
that applies within BNI. As of December 31, 2024, there were no Directors who had previously served as
President Director of BNI within the last 2 years. [ACGS D.4.3, D.4.5]

MECHANISM FOR APPOINTMENT, DISMISSAL, AND RESIGNATION OF THE BOARD OF
DIRECTORS [ACGS D.3.10]

Procedures for the dismissal and resignation of the Board of Directors are regulated in the Bank's Articles of
Association, Board of Directors' Charter, and also refer to the provisions of POJK No. 33/POJK.04/2014 and
POJK No. 15/POJK.04/2020, namely:
1) The GMS may dismiss members of the Board of Directors at any time by stating the reasons.
2) The reasons for dismissing a member of the Board of Directors is based on fact that the concerned
   member of the Board of Directors:
   a. Did not perform/under performed in fulfilling the obligations agreed upon in the management
      contract.
   b. Did not perform their duties properly.
   c. Violated the provisions of Articles of Association and/or laws and regulations.
   d. Engaged in actions that harmed the Company and/or the State
   e. Committed actions that violated ethics and/or properness that must be upheld as Board of Directors.
   f. Convicted by a Court decision that has permanent legal force.
   g. Resigned.
   h. Other reasons considered appropriate by the GMS in the interests and objectives of the Company.


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  3) A decision for dismissal shall be made after the                     d. Within a period of no later than 90 (ninety)
     related person has had the opportunity to defend                         days after such temporary dismissal, the
     themself, except for reasons as referred to in                           Board of Commissioners shall convene a
     item 2 letter f and g.                                                   GMS to withdraw or enforce such temporary
  4) Dismissal for reasons as referred to in item                             dismissal resolution;
     2, letter d and f shall constitute dishonorable                      e. In the event that the time period to convene
     dismissal.                                                               the GMS as referred to in item 8 letter d has
  5) A member of the Board of Directors may resign                            passed or the GMS cannot adopt a resolution,
     from their post before their term of office expires.                     then such temporary dismissal shall become
     In this matter, the member of the Board of                               void
     Directors who resigns must submit a resignation                      f. The limitation of authority in item 8 letter c shall
     request to the Company.                                                  be effective from the decision of temporary
  6) BNI must convene a GMS to resolve the                                    dismissal by the Board of Commissioners
     resignation proposal of members of the Board of                          until:
     Commissioners no longer than 90 (ninety) days                        g. There is a GMS decision confirming or
     after receipt of the resignation letter.                                 revoking the temporary dismissal in item 8
  7) Members of the Board of Directors who resign                             letter d; or
     before or after their term of office ends, unless                    h. The time period in item 8 letter d has passed.
     due to death, the person concerned shall still be                    i. In the GMS as referred to in item 8 letter d, the
     responsible to submit accountability for actions                         related members of the Board of Directors are
     not yet received by the GMS.                                             given an opportunity to defend themselves.
  8) Members of Board of Directors may be dismissed                       j. Such temporary dismissals cannot be
     temporarily by the Board of Commissioners                                extended or reestablished for the same
     by stating the reasons in the event that such                            reasons, in the event that such temporary
     a member acts in contrary to the Articles of                             dismissal is declared void as referred to in
     Association or there is an indication of doing an                        item 8 letter e.
     action that harms the Company or is neglect in                       k. In the event that the GMS cancels a temporary
     performing obligations or there are compelling                           dismissal or there are circumstances as
     reasons for the Company by considering the                               referred to in item 8 letter e, then the related
     following provisions:                                                    member of the Board of Directors must
     a. Such temporary dismissal shall be notified                            resume their duties properly.
         in writing to the concerned member of the                        l. In the event that the GMS reaffirms the
         Board of Directors together with the reasons                         temporary dismissal resolution, then the
         causing such action with a copy to the Board                         related member of the Board of Directors
         of Directors;                                                        shall be dismissed going forward.
     b. The notification as referred to in item 8 letter                  m. In the event that the temporary dismissed
         a shall be delivered no later than 2 (two)                           member of the Board of Directors is not
         business days after the determination of such                        present at the GMS after being summoned
         temporary dismissal;                                                 in writing, then the temporary dismissed
     c. The temporarily dismissed member of the                               member of the Board of Directors shall be
         Board of Directors is not authorized to perform                      deemed not to have exercised their right to
         Company management in the Company’s                                  defend themself in the GMS and has accepted
         interest in accordance with the Company’s                            the GMS resolution.
         purposes and objectives nor represent the
         Company, either inside or outside court;




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FIT AND PROPER ASSESSMENT

The appointment of members of the BNI Board of Directors is effective after obtaining approval from the
Financial Services Authority for the Fit and Proper Test in accordance with POJK No. 27/POJK.03/2016
concerning Capability and Conformity Assessment for Main Parties of Financial Services Institutions and
compliance with applicable laws and regulations. In order to be able to take part in the Fit and Proper
Test process, the Bank submits an application to the Financial Services Authority to obtain approval for
prospective members of the Board of Directors. Every prospective member of the Board of Directors is
required to obtain approval from the OJK before carrying out their actions, duties, and functions as a
member of the Board of Directors. The following is a list of members of the Bank's Board of Directors who
have passed the Fit and Proper Test without records and have received approval from the OJK:

Fit and Proper Test
                                                                                            OJK Approval Letter
 No.         Name                   Position              Organizer           Result                                     Effective Date
                                                                                                   No.
  1    Royke Tumilaar      President Director            Otoritas Jasa       Passed      OJK Board of                    November 19,
                                                          Keuangan                       Commissioners Decree            2020
                                                                                         No. 82/KDK.03/2020
  2    Putrama Wahju       Deputy President              Otoritas Jasa       Passed      OJK Board of                    September 2,
       Setyawan            Director                       Keuangan                       Commissioners Decree            2024
                                                                                         No. KEP-103/D.03/2024
  3    Novita Widya        Finance Director              Otoritas Jasa       Passed      OJK Board of                    November 19,
       Anggraini                                          Keuangan                       Commissioners Decree            2020
                                                                                         No. 83/KDK.03/2020
  4    Corina Leyla        Retail Banking Director       Otoritas Jasa       Passed      OJK Board of                    June 26, 2020
       Karnalies                                          Keuangan                       Commissioners Decree
                                                                                         No. 37/KDK.03/2020
  5    David Pirzada       Risk Management               Otoritas Jasa       Passed      OJK Board of                    December 1,
                           Director                       Keuangan                       Commissioners Decree            2020
                                                                                         No. 86/KDK.03/2020
  6    Ronny Venir         Network and Services          Otoritas Jasa       Passed      OJK Board of                    November 6,
                           Director                       Keuangan                       Commissioners Decree            2020
                                                                                         No. 79/KDK.03/2020
  7    Mucharom            Human Capital and             Otoritas Jasa       Passed      OJK Board of                    January 6, 2023
                           Compliance Director            Keuangan                       Commissioners Decree
                                                                                         No. KEP-1/D.03/2023
  8    Toto Prasetio       Technology and                Otoritas Jasa       Passed      OJK Board of                    January 31,
                           Operations Director            Keuangan                       Commissioners Decree            2023
                                                                                         No. KEP-13/D.03/2024
  9    I Made Sukajaya     Enterprise and                Otoritas Jasa       Passed      OJK Board of                    September 2,
                           Commercial Banking             Keuangan                       Commissioners Decree            2024
                           Director                                                      No. KEP-101/D.03/2024
  10   Hussein Paolo       Digital and Integrated        Otoritas Jasa       Passed      OJK Board of                    September 2,
       Kartadjoemena       Transaction Banking            Keuangan                       Commissioners Decree            2024
                           Director                                                      No. KEP-102/D.03/2024
  11   Agung Prabowo       Wholesale and                 Otoritas Jasa       Passed      OJK Board of                    October 9, 2024
                           International Banking          Keuangan                       Commissioners Decree
                           Director                                                      No. KEPR-120/D.03/2024
  12   Munadi              Institutional Banking         Otoritas Jasa         On        Has not been                    Has not been
       Herlambang*         Director                       Keuangan           Process     effective                       effective
* Has not been effective



DUTIES AND RESPONSIBILITIES OF THE BOARD OF DIRECTORS [ACGS D.1.3]

The Board of Directors has duties, responsibilities, and authority regarding the management and
administration of the Bank for the interests of the Bank and in order to achieve the Bank's goals and objectives
as stipulated in the Articles of Association and applicable laws and regulations. The Board of Directors is also
responsible for representing the Bank both inside and outside the court regarding all matters and all events
with restrictions as regulated in statutory regulations, the Articles of Association, and/or GMS Resolutions.
The description of the duties and responsibilities of the Board of Directors is regulated in detail in the Board
of Directors' Work Guidelines and Procedures, which have been uploaded on the BNI website.


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  DIVISION OF DUTIES AND RESPONSIBILITIES OF EACH MEMBER OF THE BOARD OF
  DIRECTORS [ACGS D.1.3]

  In order to ensure that the management of the Bank can run more effectively and efficiently, each member
  of the Board of Directors carries out the main duties and full authority over the implementation and
  management of the Bank individually in accordance with their field of expertise and professional work
  experience. The scope of work and responsibilities of each member of the Board of Directors refers to the
  Board of Directors' Decree regarding Organizational Arrangement.

  Throughout the period January 1, 2024, to March 4, 2024, the division of duties of the Board of Directors is
  regulated based on the Board of Directors' Decree Number KP/132/DIR/R dated April 6, 2023. Meanwhile,
  after changes have been made to the composition and nomenclature of the Board of Directors based on the
  resolution of the 2024 Annual GMS for the 2023 Financial Year, which was held on March 4, 2024, then for
  the period March 4, 2024, to December 31, 2024, the division of duties of the Board of Directors is regulated
  based on the Board of Directors' Decree Number KP/235/DIR/R dated June 7, 2024.

  The following is the division of the main duties and authorities of each member of the BNI Board of Directors
  throughout 2024:

  Division of Duties and Responsibilities of the Board of Directors for the period January 1, 2024 – March 4,
  2024
                                                Direct Supervision of                    Scope of Work and Responsibilities
    No.       Name             Position
                                              Directorate/SEVP/Division                               [ACGS D.4.4]

     1    Royke               President      Directorate/SEVP:                Lead and direct, control, and be responsible in
          Tumilaar             Director      1) Deputy President Director     accordance with its authority in terms of:
                                             2) Wholesale & International     1) Implementation of the Duties, Authorities, and
                                                Banking Director                 Responsibilities of the Board of Directors as regulated
                                             3) Enterprise & Commercial          in the Company’s Articles of Association.
                                                Banking Director              2) To lead, supervise, and coordinate all business and
                                             4) Institutional Banking            operational activities of the company assisted by
                                                Director                         the Deputy President Director. (Board of Director’s
                                             5) Network & Services               Decree No. KP/132/DIR/R dated April 6, 2023).
                                                Director                      3) To chair all Board of Directors meetings. (AA Article
                                             6) Human Capital &                  13 Paragraph (7)).
                                                Compliance Director           4) Sign each share certificate, collective share certificate,
                                             7) Finance Director                 convertible bond, warrant, and/or other securities
                                             8) SEVP Corporate                   that can be converted into shares together with the
                                                Development &                    President Commissioner. (AA Article 6 Paragraph
                                                Transformation                   (6)).
                                                                              5) To lead, supervise, and coordinate all activities related
                                             Division/Unit/Functional Unit:      to the Internal Audit Organization and Corporate
                                             1) Internal Audit Unit              Secretary Organization (Board of Director’s Decree
                                             2) Corporate Secretary              No. KP/132/DIR/R dated April 6, 2023).
                                                Division

                                             SEVP Corporate
                                             Development &
                                             Transformation directly
                                             supervises Division/Unit/
                                             Functional Unit:
                                             1) Corporate Development &
                                                Transformation Division
                                             2) Strategic Project
     2    Adi                  Deputy        Directorate/SEVP:                To lead and direct, control, and be responsible in
          Sulistyowati        President      1) Retail Banking Director       accordance with its authority in terms of:
                               Director      2) Risk Management               1) Implementation of the Duties, Authorities, and
                                                Director                         Responsibilities of the Board of Directors as regulated
                                             3) Technology & Operations          in the Company’s Articles of Association.
                                                Director                      2) Assist the President Director in leading, supervising,
                                             4) Digital & Integrated             and coordinating all BNI business and operational
                                                Transactions Banking             activities (Board of Director’s Decree No. KP/132/
                                                Director                         DIR/R dated April 6, 2023).
                                                                              3) If the President Director is absent or unavailable,
                                                                                 the Deputy President Director will chair the Board of
                                                                                 Directors Meeting.




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                                                                                            PT Bank Negara Indonesia (Persero) Tbk
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                                           Direct Supervision of                  Scope of Work and Responsibilities
No.      Name            Position
                                         Directorate/SEVP/Division                             [ACGS D.4.4]

3     Novita             Finance       Division/Unit/Functional Unit:   Under the supervision of the President Director, leads,
      Widya              Director      1) Corporate Planning            directs, controls, and is responsible in accordance with
      Anggraini                           & Performance                 its authority in terms of:
                                          Management Division           1) Implementation of the Duties, Authorities, and
                                       2) Accounting Division               Responsibilities of the Board of Directors as regulated
                                       3) Procurement & Fixed               in the Company’s Articles of Association.
                                          Assets Division               2) Assist the President Director in leading, supervising,
                                       4) Investor Relations                and coordinating all BNI Financial activities (Board
                                          Division                          of Director’s Decree No. KP/132/DIR/R dated April 6,
                                       5) Subsidiaries Division             2023).
                                          Management                    3) Lead, supervise, and coordinate all activities and
                                       6) Office of Chief Economist         Organizations of Corporate Planning & Performance
                                          Division                          Management,           Accounting        Organizations,
                                       7) Data Management &                 Procurement & Fixed Assets Organizations, Investor
                                          Analytics Division                Relations Organizations, Subsidiaries Management
                                                                            Organizations,     Office    of    Chief    Economist
                                                                            Organizations, and Data Management & Analytics
                                                                            Organizations (Board of Director’s Decree No. KP/132/
                                                                            DIR/R dated April 6, 2023).
                                                                        4) Become Director of Regional Development Office 10
                                                                            (CDV Memo No. CDV/2/552 dated March 16, 2023).
                                                                        5) Become Director of Development for Subsidiary
                                                                            Company - Bank Mayora (Board of Director’s Decree
                                                                            No. KP/132/DIR/R dated April 6, 2023).
                                                                        6) Become Director of Overseas, New York Branch (CDV
                                                                            Memo No. CDV/2/552 dated March 16, 2023).
4     Corina Leyla     Digital and     Directorate/SEVP:                Under the supervision of the Deputy President Director,
      Karnalies         Integrated     SEVP Retail Digital Solutions    leads and directs, controls, and is responsible in
                       Transaction                                      accordance with its authority in terms of:
                         Banking       Division/Unit/Functional Unit:   1) Implementation of the Duties, Authorities, and
                         Director      1) Wholesale Transaction            Responsibilities of the Board of Directors as regulated
                                          Product & Partnership            in the Company’s Articles of Association.
                                          Division                      2) Assist the Deputy President Director in leading,
                                       2) Wholesale Digital Channel        supervising, and coordinating all BNI Digital &
                                          Division                         Integrated Transaction Banking activities, including
                                       3) Marketing                        Retail Digital Solutions (Board of Director’s Decree
                                          Communications Division          No. KP/132/DIR/R dated April 6, 2023).
                                                                        3) Lead, supervise, and coordinate all activities
                                       SEVP Retail Digital Solutions       related to the Wholesale Transaction Product
                                       directly supervises Division/       & Partnership Organization, Wholesale Digital
                                       Unit/Functional Unit:               Channel Organization, Marketing Communications
                                       1) Retail Digital Product &         Organization, Retail Digital Product & Partnership
                                          Partnership Division             Organization, and Retail Digital Channel Organization
                                       2) Retail Digital Channel           (Board of Directors’ Decree Dir No. KP/132/DIR/R
                                          Division                         April 6, 2023).
                                                                        4) Become Director of Development for Regional Office
                                                                           18 and Regional Office 08 (CDV Memo No. CDV/2/552
                                                                           dated March 16, 2023).
                                                                        5) Become Director of Overseas, Singapore Branch
                                                                           (CDV Memo No. CDV/2/552 dated March 16, 2023).
5     Sis Apik         Enterprise      Division/Unit/Functional Unit:   Under the supervision of the President Director, leads,
      Wijayanto           and          1) Enterprise Banking            directs, controls, and is responsible in accordance with
                      Commercial          Division                      its authority in terms of:
                        Banking        2) Commercial Banking 1          1) Implementation of the Duties, Authorities, and
                        Director          Division                          Responsibilities of the Board of Directors as regulated
                                       3) Commercial Banking 2              in the Company’s Articles of Association.
                                          Division                      2) Assist the President Director in leading, supervising,
                                       4) Senior Business Executive         and coordinating all BNI Enterprise & Commercial
                                                                            Banking activities. (Board of Director’s Decree No.
                                                                            KP/132/DIR/R dated April 6, 2023).
                                                                        3) Leading, supervising, and coordinating all activities
                                                                            and Organizations of Enterprise Banking, Commercial
                                                                            Banking Organization 1, Commercial Banking
                                                                            Organization 2, and Senior Business Executives
                                                                            (Board of Director’s Decree No. KP/132/DIR/R dated
                                                                            April 6, 2023).
                                                                        4) Become Director of Development for Regional Office
                                                                            01 and Regional Office 07. (CDV Memo No. CDV/2/552
                                                                            dated March 16, 2023).
                                                                        5) Become Director of Development for Subsidiary
                                                                            Company - BNI Multifinance (Board of Director’s
                                                                            Decree No. KP/132/DIR/R dated April 6, 2023).

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                                                Direct Supervision of                   Scope of Work and Responsibilities
    No.       Name             Position
                                              Directorate/SEVP/Division                              [ACGS D.4.4]

     6    David                 Risk         Directorate/SEVP:                Under the supervision of the Deputy President Director,
          Pirzada           Management       1) SEVP Credit Risk              leads, directs, controls, and is responsible in accordance
                              Director       2) SEVP Remedial &               with its authority in terms of:
                                                Recovery                      1) Implementation of the Duties, Authorities, and
                                                                                 Responsibilities of the Board of Directors as regulated
                                             Division/Unit/Functional Unit:      in the Company’s Articles of Association.
                                             1) Enterprise Risk               2) Assist the Deputy President Director in leading,
                                                Management Division              supervising, and coordinating all BNI Risk
                                             2) Operational Risk                 Management activities, including Credit Risk and
                                                Management Division              Remedial & Recovery. (Board of Director’s Decree
                                             3) Retail Credit Risk Division      No. KP/132/DIR/R dated April 6, 2023).
                                             4) Anti Fraud Unit               3) Lead, supervise, and coordinate all activities related
                                             5) Senior Credit Risk               to Enterprise Risk Management Organizations,
                                                Executive                        Operational Risk Management Organizations, Retail
                                                                                 Credit Risk Organizations, Anti-Fraud Organizations,
                                             SEVP Credit Risk directly           Corporate & Enterprise Credit Risk Organizations,
                                             supervises Division/Unit/           Commercial Credit Risk Organizations, Corporate
                                             Functional Unit:                    Remedial & Recovery Organizations, Enterprise
                                             1) Corporate & Enterprise           Organizations & Commercial Remedial & Recovery,
                                                Credit Risk Division             Retail Collection & Recovery Organizations, and
                                             2) Commercial Credit Risk           Senior Credit Risk Executive (Board of Director’s
                                                Division                         Decree No. KP/132/DIR/R dated April 6, 2023).
                                                                              4) Become Director of Development for Regional Office
                                             SEVP Remedial & Recovery            11 and Regional Office 03 (CDV Memo No. CDV/2/552
                                             directly supervises Division/       dated March 16, 2023).
                                             Unit/Functional Unit:            5) Become Director of Overseas, London Branch and
                                             1) Corporate Remedial &             Amsterdam Rep. Office (CDV Memo No. CDV/2/552
                                                Recovery Division                dated March 16, 2023).
                                             2) Enterprise & Commercial
                                                Remedial & Recovery
                                                Division
                                             3) Retail Collection &
                                                Recovery Division
     7    Silvano            Wholesale       Directorate/SEVP:                Under the supervision of the President Director, leads,
          Winston                and         1) SEVP Corporate Banking        directs, controls, and is responsible in accordance with
          Rumantir          International    2) SEVP Treasury                 its authority in terms of:
                               Banking                                        1) Implementation of the Duties, Authorities, and
                               Director      Division/Unit:                       Responsibilities of the Board of Directors as regulated
                                             1) Corporate Banking 1               in the Company’s Articles of Association.
                                                Division                      2) Assist the President Director in leading, supervising,
                                             2) Corporate Banking 2               and coordinating all BNI Wholesale and International
                                                Division                          Banking activities. (Board of Director’s Decree No.
                                             3) Syndication & Structured          KP/132/DIR/R dated April 6, 2023).
                                                Finance Division              3) Lead, supervise, and coordinate all activities and
                                             4) International & Financial         Corporate Banking Organization 1, Corporate Banking
                                                Institutions Division             Organization 2, Corporate Banking Organization
                                             5) Senior Business Executive         3, Corporate Banking Organization 4, Treasury
                                             6) SORX Wholesale Banking            Organization, Syndication & Structured Finance
                                             7) Overseas Branch                   Organization, International Banking & Financial
                                                                                  Institution Organization, Senior Business Executive,
                                             SEVP Corporate Banking               SORX Wholesale Banking, and Overseas Branch.
                                             directly supervises Division/    4) Become Director of Development for Regional Office
                                             Unit/Functional Unit:                12 and Regional Office 06 (CDV Memo No. CDV/2/552
                                             1) Corporate Banking 3               dated March 16, 2023).
                                                Division                      5) Become Director of Development for Subsidiary
                                             2) Corporate Banking 4               Companies - BNI Sekuritas and BNI Remittance
                                                Division                          (Board of Director’s Decree No. KP/132/DIR/R dated
                                             SEVP Treasury directly               April 6, 2023).
                                             supervises Division/Unit/
                                             Functional Unit:
                                             Treasury Division




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                                            Direct Supervision of                    Scope of Work and Responsibilities
No.      Name            Position
                                          Directorate/SEVP/Division                               [ACGS D.4.4]

8     Ronny Venir       Network         Division/Unit/Functional Unit:     Under the supervision of the President Director, leads,
                      and Services      1) Distribution Network &          directs, controls, and is responsible in accordance with
                        Director           Sales Division                  its authority in terms of:
                                        2) Agen46 Division                 1) Implementation of the Duties, Authorities, and
                                        3) Customer Experience                 Responsibilities of the Board of Directors as regulated
                                           Center Division                     in the Company’s Articles of Association.
                                        4) SORX Network & Services         2) Assist the President Director in leading, supervising,
                                        5) Regional Office 01-17               and coordinating all BNI Network & Services
                                                                               activities. (Board of Director’s Decree No. KP/132/
                                                                               DIR/R dated April 6, 2023).
                                                                           3) Lead, supervise, and coordinate all activities related
                                                                               to the Distribution Network & Sales Organization,
                                                                               Agen46 Organization, Customer Experience Center
                                                                               Organization, and SORX Network & Services (Board
                                                                               of Director’s Decree No. KP/132/DIR/R dated April 6,
                                                                               2023).
                                                                           4) In charge and supervise all BNI Regional Offices
                                                                               (Board of Director’s Decree No. KP/132/DIR/R dated
                                                                               April 6, 2023).
                                                                           5) Become Director of Overseas, Hong Kong Branch
                                                                               (CDV Memo No. CDV/2/552 dated March 16, 2023).
                                                                           6) Become Director of Guidance for Subsidiary
                                                                               Company - BNI Life Insurance. (CDV Memo No.
                                                                               CDV/2/552 dated March 16, 2023).
9     Muhammad         Institutional    Division/Unit/Functional Unit:     Under the supervision of the President Director, leads,
      Iqbal              Banking        1) Institutional Banking 1         directs, controls, and is responsible in accordance with
                         Director          Division                        its authority in terms of:
                                        2) Institutional Banking 2         1) Implementation of the Duties, Authorities, and
                                           Division                            Responsibilities of the Board of Directors as regulated
                                        3) Pension Fund Division               in the Company’s Articles of Association.
                                                                           2) Assist the President Director in leading, supervising,
                                                                               and coordinating all BNI Institutional Banking
                                                                               activities. (Board of Director’s Decree No. KP/132/
                                                                               DIR/R dated April 6, 2023).
                                                                           3) Lead, supervise, and coordinate all activities related
                                                                               to Institutional Banking Organization 1, Institutional
                                                                               Banking Organization 2, and Pension Fund
                                                                               Organization (Board of Director’s Decree No. KP/132/
                                                                               DIR/R dated April 6, 2023).
                                                                           4) Become Director of Development for Regional Office
                                                                               14 and Regional Office 05. (CDV Memo No. CDV/2/552
                                                                               dated March 16, 2023).
10    Putrama        Retail Banking     Directorate/SEVP:                  Under the supervision of the Deputy President Director,
      Wahju             Director        SEVP Wealth Management             leads, directs, controls, and is responsible in accordance
      Setyawan                                                             with its authority in terms of:
                                        Division/Unit/Functional Unit:     1) Implementation of the Duties, Authorities, and
                                        1) Consumer Segment                   Responsibilities of the Board of Directors as regulated
                                           Division                           in the Company’s Articles of Association.
                                        2) Consumer Product                2) Assist the Deputy President Director in leading,
                                           Division                           supervising, and coordinating all Retail Banking
                                        3) Card Business Division             activities. (Board of Director’s Decree No. KP/132/
                                        4) Retail Productive Banking          DIR/R dated April 6, 2023).
                                           Division                        3) Lead, supervise, and coordinate all activities
                                        5) Business Program                   related to the Wealth Management Organization,
                                           Division                           Consumer       Segment       Organization,    Consumer
                                        6) SORX Consumer Banking              Product Organization, Card Business Organization,
                                           & Corporate Function               Retail Productive Banking Organization, Business
                                                                              Program Organization, and SORX Consumer Banking
                                        SEVP Wealth Management                & Corporate Function (Board of Directors’ Decree No.
                                        directly supervises Division/         KP/132/DIR/R dated April6, 2023).
                                        Unit/Functional Unit:              4) Become Director of Development for Regional Office
                                        Wealth Management                     16 and Regional Office 04 (CDV Memo No. CDV/2/552
                                        Division                              dated March 16, 2023).




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                                                Direct Supervision of                   Scope of Work and Responsibilities
    No.       Name             Position
                                              Directorate/SEVP/Division                              [ACGS D.4.4]

    11    Mucharom             Human         Division/Unit/Functional Unit:   Under the supervision of the President Director, leads
                             Capital and     1) Human Capital Strategy        and directs, controls, and is responsible in accordance
                             Compliance         Division                      with its authority in terms of:
                              Director       2) Human Capital Services        1) Implementation of the Duties, Authorities, and
                                                Division                         Responsibilities of the Board of Directors as regulated
                                             3) BNI University                   in the Company’s Articles of Association.
                                             4) Compliance Division           2) Assist the President Director in leading, supervising,
                                             5) Legal Division                   and coordinating all business and operational
                                             6) Policy Governance                activities of the company assisted by the Deputy
                                                Division                         President Director. (Board of Director’s Decree No.
                                             7) HC Business Partner              KP/132/DIR/R dated April 6, 2023).
                                                                              3) Lead, supervise, and coordinate all activities related
                                                                                 to the Human Capital Strategy Organization, Human
                                                                                 Capital Services Organization, BNI University
                                                                                 Organization, Compliance Organization, Legal
                                                                                 Organization, Policy Governance Organization, and
                                                                                 Human Capital Business Partner (Board of Directors’
                                                                                 Decree No. KP/132/DIR/R April 6, 2023).
                                                                              4) Become Director of Development for Regional Office
                                                                                 02 and Regional Office 17 (CDV Memo No. CDV/2/552
                                                                                 dated March 16, 2023).
                                                                              5) Become Director of Overseas Development, Tokyo
                                                                                 Branch (CDV Memo No. CDV/2/552 dated March 16,
                                                                                 2023).
    12    Toto               Technology      Directorate/SEVP:                Under the supervision of the Deputy President Director,
          Prasetio               and         1) SEVP Information              leads and directs, controls, and is responsible in
                             Operations         Technology                    accordance with its authority in terms of:
                               Director      2) SEVP Operations               1) Implementation of the Duties, Authorities, and
                                                                                 Responsibilities of the Board of Directors as regulated
                                             Division/Unit/Functional Unit:      in the Company’s Articles of Association.
                                             1) IT Strategy & Architecture    2) Assist the Deputy Main Director in leading,
                                                Division                         supervising, and coordinating all BNI Technology &
                                             2) CISO Division                    Operations activities. (Board of Director’s Decree No.
                                             3) Operations Strategy &            KP/132/DIR/R dated April 6, 2023).
                                                Development Division          3) Lead, supervise, and coordinate all activities related
                                             4) SORX Technology, Digital,        to the IT Strategy & Architecture Organization, CISO
                                                & Operations                     Organization, Operations Strategy & Development
                                                                                 Organization,      Wholesale       Digital     Delivery
                                             SEVP Information Technology         Organization, Retail Digital Delivery Organization,
                                             directly supervises Division/       Application     Development        Organization,     IT
                                             Unit/Functional Unit:               Application Services Organization, IT Infrastructure
                                             1) Wholesale Digital Delivery       Management Organization, Banking Operations
                                                Division                         Organization, Digital Operations Organization, Credit
                                             2) Retail Digital Delivery          Operations Organization, and SORX Technology,
                                                Division                         Digital & Operations (Board of Directors’ Decree No.
                                             3) Application Development          KP/132/DIR/R dated April 6, 2023).
                                                Division                      4) Become Director of Development for Regional Office
                                             4) IT Application Services          09 and Regional Office 15 (CDV Memo No. CDV/2/552
                                                Division                         dated March 16, 2023).
                                             5) IT Infrastructure             5) Become Director of Development for Subsidiary
                                                Management Division              Companies - BNI Venture Capital (CDV Memo No.
                                                                                 CDV/2/552 dated March 16, 2023).
                                             SEVP Operations directly         6) Become Director of Guidance Overseas, Seoul
                                             supervises Division/Unit/           Branch (CDV Memo No. CDV/2/552 dated March 16,
                                             Functional Unit:                    2023).
                                             1) Banking Operations
                                                Division
                                             2) Digital Operations
                                                Division
                                             3) Credit Operations Division




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In addition to dismissing old members of the Board of Directors and appointing new members of the Board
of Directors, the resolution of the 2023 Annual GMS held on March 4, 2024, also stipulates the transfer of
assignments of members of the Board of Directors as follows:
 No.                    Name                               Previously Served                          Currently Serving
  1    Putrama Wahju Setyawan                    Retail Banking Director                          Deputy President Director
  2    Corina Leyla Karnalies                    Digital and Integrated Transaction                Retail Banking Director
                                                 Banking Director



With the transfer of duties of members of the Board of Directors, the division of duties and assignments of
the Board of Directors will be as follows:

Duties and Responsibilities of the Board of Directors for March 4, 2024–December 31, 2024 Period
                                            Direct Supervision of
 No.      Name            Position                                                  Scope of Work and Responsibilities
                                           Director/SEVP/Division
  1    Royke          President         Directorate/SEVP:                To lead, guide, oversee, and take responsibility within
       Tumilaar       Director          1) Deputy President Director     the scope of their authority in the following matters:
                                        2) Wholesale & International     1) The implementation of the duties, authorities, and
                                           Banking Director                 obligations of the Board of Directors as stipulated in
                                        3) Enterprise & Commercial          the Company’s Articles of Association.
                                           Banking Director              2) To lead, supervise, and coordinate all business and
                                        4) Institutional Banking            operational activities of the company, assisted by
                                           Director                         the Deputy President Director. (Board of Director’s
                                        5) Digital & Integrated             Decree No. KP/235/DIR/R dated June 7, 2024).
                                           Transactions Banking          3) To chair all Board of Directors meetings. (Article 13
                                           Director                         Paragraph (7)).
                                        6) Human Capital &               4) To sign each share certificate, collective share
                                           Compliance Director              certificate, convertible bond, warrant, and/or other
                                        7) Finance Director                 securities convertible into shares jointly with the
                                                                            President Commissioner. (Articles of Association,
                                        Division/Unit/Functional Unit:      Article 6, Paragraph (6).
                                        1) Internal Audit Unit           5) To lead, supervise, and coordinate all activities
                                        2) Corporate Secretary              related to the Internal Audit Organization and the
                                           Division                         Corporate Secretary Organization. (Decree of the
                                                                            Board of Directors No. KP/235/DIR/R dated June 7,
                                                                            2024).
  2    Putrama        Deputy            Directorate/SEVP:                To lead, direct, control, and be responsible within the
       Wahju          President         1) Retail Banking Director       scope of their authority in the following matters:
       Setyawan       Director          2) Risk Management               1) Implementation of the Duties, Authorities, and
                                           Director                         Obligations of the Board of Directors as stipulated in
                                        3) Technology & Operations          the Company’s Articles of Association.
                                           Director                      2) Assisting the President Director in leading,
                                        4) Network & Services               supervising, and coordinating all BNI business and
                                           Director                         operational activities (Decree of the Board of Directors
                                                                            No. KP/235/DIR/R dated June 7, 2024).
                                        Division/Unit/Functional Unit:   3) To lead, supervise, and coordinate all activities and
                                        1) Pension Fund Division            the Pension Fund Organization (Decree of the Board
                                                                            of Directors No. KP/235/DIR/R dated June 7, 2024).
                                                                         4) In the event that the President Director is absent, the
                                                                            Deputy President Director shall chair the Board of
                                                                            Directors Meeting.
  3    Novita         Finance           Division/Unit/Functional Unit:   Under the supervision of the President Director, to lead,
       Widya          Director          1) Corporate Planning            direct, control, and be responsible within the scope of
       Anggraini                           & Performance                 their authority in the following matters:
                                           Management Division           1) The implementation of the duties, authorities, and
                                        2) Accounting Division              obligations of the Board of Directors as stipulated in
                                        3) Procurement & Fixed              the Company’s Articles of Association.
                                           Assets Division               2) Assisting the President Director in leading, supervising,
                                        4) Investor Relations               and coordinating all financial activities of BNI. (Decree
                                           Division                         of the Board of Directors No. KP/235/DIR/R dated June
                                        5) Subsidiaries Management          7, 2024).
                                           Division                      3) To lead, supervise, and coordinate all activities and
                                        6) Office of Chief Economist        Organization of Corporate Planning & Performance
                                           Division                         Management, Accounting Organization, Procurement
                                        7) Data Management &                & Fixed Assets Organization, Investor Relations
                                           Analytics Division               Organization, Subsidiaries Management Organization,
                                                                            Office of Chief Economist Organization, and Data
                                                                            Management & Analytics Organization (Decree of the
                                                                            Director No. KP/235/DIR/R dated June 7, 2024).


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                                                 Direct Supervision of
    No.       Name             Position                                                  Scope of Work and Responsibilities
                                                Director/SEVP/Division
                                                                              4) To serve as the Supervising Director of the Regional
                                                                                 Office 17 (CDV Memo No. CDV/2/563 dated March 20,
                                                                                 2024).
                                                                              5) To serve as the Supervising Director of the New York
                                                                                 Overseas Branch (CDV Memo No. CDV/2/563 dated
                                                                                 March 20, 2024).
     4    Corina Leyla      Retail Banking   Directorate/SEVP:                Under the supervision of the Deputy President Director,
          Karnalies         Director         SEVP Wealth Management           to lead, direct, control and be responsible in accordance
                                                                              with his/her authority, in terms of:
                                             Division/Unit/Functional Unit:   1) Implementation of the Duties, Authorities, and
                                             1) Divisi Consumer Segment           Obligations of the Board of Directors as stipulated in
                                                Division                          the Company’s Articles of Association.
                                             2) Consumer Product              2) Assist the Deputy President Director in leading,
                                                Division                          supervising, and coordinating all Retail Banking
                                             3) Card Business Division            activities. (Decree of Director No. KP/235/DIR/R dated
                                             4) Retail Productive Banking         June 7, 2024).
                                                Division                      3) Supervise SEVP Wealth Management in order to lead,
                                             5) Business Program                  supervise, and coordinate all Wealth Management
                                                Division                          activities and organizations.
                                             6) SORX Consumer Banking         4) Lead, supervise, and coordinate all activities related
                                                & Corporate Function              to the Consumer Segment Organization, Consumer
                                                                                  Product Organization, Card Business Organization,
                                             SEVP Wealth Management               Retail Productive Banking Organization, Business
                                             directly supervises Division/        Program Organization, and SORX Consumer Banking
                                             Unit/Functional Unit:                & Corporate Function (Decree of Director No. KP/235/
                                             Divisi Wealth Management             DIR/R dated June 7, 2024).
                                                                              5) To serve as the Supervising Director Regional Office
                                                                                  04 and Regional Office 18 (CDV Memo No. CDV/2/563
                                                                                  dated March 20, 2024).
                                                                              6) To serve as the Supervising Director of the Subsidiary
                                                                                  – BNI Finance. (CDV Memo No. CDV/2/563 dated
                                                                                  March 20, 2024).
     5    David             Risk             Directorate/SEVP:                Under the supervision of the Deputy President Director,
          Pirzada           Management       1) SEVP Credit Risk              to lead, direct, control and be responsible in accordance
                            Director         2) SEVP Remedial &               with his/her authority, in terms of:
                                                Recovery                      1) Implementation of the Duties, Authorities, and
                                                                                  Obligations of the Board of Directors as stipulated in
                                             Division/Unit/Functional Unit:       the Company’s Articles of Association.
                                             1) Enterprise Risk               2) Assisting the Deputy President Director in leading,
                                                Management Division               supervising, and coordinating all BNI Risk
                                             2) Operational Risk                  Management activities including Credit Risk and
                                                Management Division               Remedial & Recovery. (SK Dir No. KP/235/DIR/R dated
                                             3) Retail Credit Risk Division       June 7, 2024).
                                             4) Anti Fraud Unit               3) Supervising SEVP Credit Risk in order to lead,
                                             5) Senior Credit Risk                supervise, and coordinate all activities and the
                                                Executive                         Corporate & Enterprise Credit Risk Organization and
                                                                                  the Commercial Credit Risk Organization.
                                             SEVP Credit Risk directly        4) Supervising SEVP Remedial & Recovery in order to
                                             supervises Division/Unit/            lead, supervise, and coordinate all activities and
                                             Functional Unit:                     the Corporate Remedial & Recovery Organization,
                                             1) Corporate & Enterprise            the Enterprise & Commercial Remedial & Recovery
                                                Credit Risk Division              Organization, the Retail Collection & Recovery
                                             2) Commercial Credit Risk            Organization.
                                                Division                      5) To lead, supervise, and coordinate all activities related
                                                                                  to the Enterprise Risk Management Organization,
                                             SEVP Remedial & Recovery             Operational     Risk    Management       Organization,
                                             directly supervises Division/        Anti-Fraud Organization, and Retail Credit Risk
                                             Unit/Functional Unit:                Organization, and Senior Credit Risk Executive (SK Dir
                                             1) Corporate Remedial &              No. KP/235/DIR/R dated June 7, 2024).
                                                Recovery Division             6) To serve as the Supervising Director of the Regional
                                             2) Enterprise & Commercial           Office 11 and Regional Office 03 (CDV Memo
                                                Remedial & Recovery               No. CDV/2/563 dated March 20, 2024).
                                                Division                      7) To serve as the Supervising Director of the London
                                             3) Retail Collection &               Overseas Branch and Amsterdam Representative
                                                Recovery Division                 Office (CDV Memo No. CDV/2/563 dated March 20,
                                                                                  2024).




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                                           Direct Supervision of
No.      Name            Position                                                  Scope of Work and Responsibilities
                                          Director/SEVP/Division
6     Ronny Venir    Network           Division/Unit/Functional Unit:   Under the supervision of the Deputy President Director,
                     and Services      1) Distribution Network &        to lead, direct, control and be responsible in accordance
                     Director             Sales Division                with his/her authority, in terms of:
                                       2) Agen46 Division               1) Implementation of the Duties, Authorities, and
                                       3) Customer Experience               Obligations of the Board of Directors as stipulated in
                                          Center Division                   the Company’s Articles of Association.
                                       4) SORX Network & Services       2) To assist the President Director in leading, supervising,
                                       5) Regional Office 01-17             and coordinating all BNI Network & Services activities.
                                                                            (Decree of Director No. KP/235/DIR/R dated June 7,
                                                                            2024).
                                                                        3) To lead, supervise, and coordinate all activities related
                                                                            to the Distribution Network & Sales Organization,
                                                                            Agen46 Organization, Customer Experience Center
                                                                            Organization, and SORX Network & Services (Decree
                                                                            of Director No. KP/235/DIR/R dated June 7, 2024).
                                                                        4) Supervise and supervise all BNI Regional Offices
                                                                            (Decree of Director No. KP/235/DIR/R dated June 7,
                                                                            2024).
                                                                        5) To serve as the Supervising Director of the Hong Kong
                                                                            Overseas Branch. (CDV Memo No. CDV/2/563 dated
                                                                            March 20, 2024).
                                                                        6) To serve as the Supervising Director of the Subsidiary–
                                                                            BNI Life. (CDV Memo No. CDV/2/563 dated March 20,
                                                                            2024).
7     Mucharom       Human             Directorate/SEVP:                Under the supervision of the President Director, to lead,
                     Capital and       SEVP Human Capital               direct, control and be responsible in accordance with
                     Compliance                                         his/her authority, in terms of:
                     Director          Division/Unit/Functional Unit:   1) Implementation of the Duties, Authorities, and
                                       1) Human Capital Strategy            Obligations of the Board of Directors as stipulated in
                                          Division                          the Company’s Articles of Association.
                                       2) Human Capital Services        2) Assisting the President Director in leading,
                                          Division                          supervising, and coordinating all business and
                                       3) BNI University                    operational activities of the company assisted by the
                                       4) Compliance Division               Deputy President Director. (Decree of the Director No.
                                       5) Legal Division                    KP/132/DIR/R dated April 6, 2023).
                                       6) Policy Governance             3) Supervising the SEVP Human Capital in order to
                                          Division                          lead, supervise, and coordinate all activities and
                                       7) HC Business Partner               organizations of the Human Capital Strategy, Human
                                                                            Capital Services Organization, BNI University
                                       SEVP Human Capital directly          Organization, and Human Capital Business Partner
                                       supervises Division/Unit/            Organization.
                                       Functional Unit:                 4) Leading, supervising, and coordinating all activities
                                       1) Human Capital Strategy            related to the Compliance Organization, Legal
                                          Division                          Organization, and Policy Governance Organization
                                       2) Human Capital Services            (Decree of the Director No. KP/235/DIR/R dated June 7,
                                          Division                          2024).
                                       3) BNI University                5) To serve as the Supervising Director of the Regional
                                       4) HC Business Partner               Office 02 and Regional Office 07 (CDV Memo No.
                                                                            CDV/2/563 dated March 20, 2024).
                                                                        6) To serve as the Supervising Director of the Tokyo
                                                                            Overseas Branch (CDV Memo No. CDV/2/563 dated
                                                                            March 20, 2024).




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                                                Direct Supervision of
    No.       Name             Position                                                  Scope of Work and Responsibilities
                                               Director/SEVP/Division
     8    Toto              Technology       Directorate/SEVP:                Under the supervision of the Deputy President Director,
          Prasetio          and              1) SEVP Information              to lead, direct, control and be responsible in accordance
                            Operations          Technology                    with his/her authority, in terms of:
                            Director         2) SEVP Operations               1) Implementation of the Duties, Authorities, and
                                                                                  Obligations of the Board of Directors as stipulated in
                                             Division/Unit/Functional Unit:       the Company’s Articles of Association.
                                             1) IT Strategy & Architecture    2) Assist the Deputy President Director in leading,
                                                Division                          supervising, and coordinating all BNI Technology &
                                             2) CISO Division                     Operations activities. (SK Dir No. KP/235/DIR/R dated
                                             3) Operations Strategy &             June 7, 2024).
                                                Development Division          3) Supervise SEVP Information Technology in order
                                             4) SORX Technology, Digital,         to lead, supervise, and coordinate all activities and
                                                & Operations                      Wholesale Digital Delivery Organization, Retail Digital
                                                                                  Delivery Organization, Application Development
                                             SEVP Information Technology          Organization, IT Application Services Organization,
                                             directly supervises Division/        and IT Infrastructure Management Organization.
                                             Unit/Functional Unit:            4) Supervise SEVP Operations in order to lead, supervise,
                                             1) Wholesale Digital Delivery        and coordinate all activities and Banking Operations
                                                Division                          Organization, Digital Operations Organization, Credit
                                             2) Retail Digital Delivery           operations Organization
                                                Division                      5) To lead, supervise, and coordinate all activities related
                                             3) Application Development           to IT Strategy & Architecture Organization, CISO
                                                Division                          Organization, Operations Strategy & Development
                                             4) IT Application Services           Organization and SORX Technology, Digital &
                                                Division                          Operations (SK Dir No. KP/235/DIR/R dated June 7,
                                             5) IT Infrastructure                 2024).
                                                Management Division           6) To serve as the Supervising Director of the Regional
                                                                                  Office 09 and Regional Office 15 (CDV Memo No.
                                             SEVP Operations directly             CDV/2/563 dated March 20, 2024).
                                             supervises Division/Unit/        7) To serve as the Supervising Director of the Subsidiary–
                                             Functional Unit:                     BNI Ventures (CDV Memo No. CDV/2/563 dated March
                                             1) Banking Operations                20, 2024).
                                                Division                      8) To serve as the Supervising Director of the Seoul
                                             2) Digital Operations                Overseas Branch (CDV Memo No. CDV/2/563 dated
                                                Division                          March 20, 2024).
                                             3) Credit Operations Division
     9    I Made            Enterprise       Division/Unit/Functional Unit:   Under the supervision of the President Director, to lead,
          Sukajaya          and              1) Enterprise Banking            direct, control and be responsible in accordance with
                            Commercial          Division                      his/her authority, in terms of:
                            Banking          2) Commercial Banking 1          1) Implementation of the Duties, Authorities, and
                            Director            Division                         Obligations of the Board of Directors as stipulated in
                                             3) Commercial Banking 2             the Company’s Articles of Association.
                                                Division                      2) Assist the President Director in leading, supervising,
                                             4) Senior Business Executive        and coordinating all BNI Enterprise & Commercial
                                                                                 Banking activities. (Decree of the Board of Directors
                                                                                 No. KP/235/DIR/R dated June 7, 2024).
                                                                              3) To lead, supervise, and coordinate all activities and
                                                                                 Organizations of Enterprise Banking, Commercial
                                                                                 Banking Organization 1, Commercial Banking
                                                                                 Organization 2, and Senior Business Executive (Decree
                                                                                 of the Board of Directors No. KP/235/DIR/R dated June
                                                                                 7, 2024).
                                                                              4) To serve as the Supervising Director of the Regional
                                                                                 Office 01 and Regional Office 10. (CDV Memo
                                                                                 No. CDV/2/563 dated March 20, 2024).




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                                          Direct Supervision of
No.     Name            Position                                                    Scope of Work and Responsibilities
                                         Director/SEVP/Division
10 Hussein Paolo Digital and          Directorate/SEVP:                  Under the supervision of the President Director, to lead,
   Kartadjoemena Integrated           SEVP Retail Digital Solutions      direct, control and be responsible in accordance with
                 Transaction                                             his/her authority, in terms of:
                 Banking              Division/Unit/Functional Unit:     1) Implementation of the Duties, Authorities, and
                 Director             1) Wholesale Transaction              Obligations of the Board of Directors as stipulated in
                                         Product & Partnership              the Company’s Articles of Association.
                                         Division                        2) Assist the Deputy President Director in leading,
                                      2) Wholesale Digital Channel          supervising, and coordinating all BNI Digital &
                                         Division                           Integrated Transaction Banking activities including
                                      3) Corporate Development &            Retail Digital Solutions (SK Dir No. KP/235/DIR/R dated
                                         Transformation Division            June 7, 2024).
                                      4) Strategic Project               3) Supervise SEVP Retail Digital Solutions in order to
                                                                            lead, supervise, and coordinate all activities and the
                                      SEVP Retail Digital Solutions         Retail Digital Product & Partnership Organization,
                                      directly supervises Division/         Retail Digital Channel Organization and Marketing
                                      Unit/Functional Unit:                 Communications Organization.
                                      1) Retail Digital Product &        4) To lead, supervise, and coordinate all activities related
                                         Partnership Division               to the Corporate Development & Transformation
                                      2) Retail Digital Channel             Organization,      Strategic     Projects,    Wholesale
                                         Division                           Transaction Product & Partnership Organization, and
                                      3) Marketing                          Wholesale Digital Channel Organization (SK Dir No.
                                         Communications Division            KP/132/DIR/R dated April 6, 2023).
                                                                         5) To serve as the Supervising Director of the Regional
                                                                            Office 14 and Regional Office 08 (CDV Memo No.
                                                                            CDV/2/563 dated March 20, 2024).
                                                                         6) To serve as the Supervising Director of the Singapore
                                                                            Overseas Branch (CDV Memo No. CDV/2/563 dated
                                                                            March 20, 2024).
                                                                         7) To serve as the Supervising Director of the Subsidiary
                                                                            – hibank (CDV Memo No. CDV/2/563 dated March 20,
                                                                            2024).
11 Agung            Wholesale         Directorate/SEVP:                  Under the supervision of the President Director, to lead,
   Prabowo          and               1) SEVP Corporate Banking          direct, control and be responsible in accordance with
                    International     2) SEVP Treasury                   his/her authority, in terms of:
                    Banking                                              1) Implementation of the Duties, Authorities, and
                    Director          Division/Unit:                        Obligations of the Board of Directors as stipulated in
                                      1) Corporate Banking 1                the Company’s Articles of Association.
                                         Division                        2) Assisting the President Director in leading, supervising,
                                      2) Corporate Banking 2                and coordinating all Wholesale and International
                                         Division                           Banking activities of BNI. (Decree of the Board of
                                      3) Syndication & Structured           Directors No. KP/235/DIR/R dated June 7, 2024).
                                         Finance Division                3) Supervising SEVP Corporate Banking in order to
                                      4) International & Financial          lead, supervise and coordinate all activities and
                                         Institutions Division              organizations of Corporate Banking 3 and Corporate
                                      5) Senior Business Executive          Banking 4.
                                      6) SORX Wholesale Banking          4) Supervising SEVP Treasury in order to lead,
                                      7) Overseas Branch                    supervise, and coordinate all activities and
                                                                            organizations     of    Treasury.
                                      SEVP Corporate Banking             5) To lead, supervise, and coordinate all activities and
                                      directly supervises Division/         Corporate Banking Organization 1, Corporate Banking
                                      Unit/Functional Unit:                 Organization 2, Syndication & Structured Finance
                                      1) Corporate Banking 3                Organization, International & Financial Institutions
                                      2) Corporate Banking 4                Organization, Senior Business Executive, SORX
                                                                            Wholesale Banking, and Overseas Network.
                                      SEVP Treasury directly             6) To serve as the Supervising Director of the Regional
                                      supervises the Division/              Office 12 and Regional Office 06 (CDV Memo
                                      Functional Units:                     No. CDV/2/563 dated March 20, 2024).
                                      Treasury Division                  7) To serve as the Supervising Director of the Subsidiary
                                                                            - BNI Sekuritas and BNI Remittance (SK Dir No. KP/235/
                                                                            DIR/R dated June 7, 2024).




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                                                   Direct Supervision of
    No.       Name             Position                                                        Scope of Work and Responsibilities
                                                  Director/SEVP/Division
    12    Munadi      Institutional           Division/Unit/Functional Unit:       Under the supervision of the President Director, to lead,
          Herlambang* Banking                 1) Institutional Banking 1           direct, control and be responsible in accordance with
                      Director                   Division                          his/her authority, in terms of:
                                              2) Institutional Banking 2           1) Implementation of the Duties, Authorities, and
                                                 Division                             Obligations of the Board of Directors as stipulated in
                                                                                      the Company’s Articles of Association.
                                                                                   2) To assist the President Director in leading,
                                                                                      supervising, and coordinating all BNI Institutional
                                                                                      Banking activities. (Decree of the Board of Directors
                                                                                      No. KP/235/DIR/R dated June 7, 2024).
                                                                                   3) To lead, supervise, and coordinate all activities
                                                                                      related to Institutional Banking Organization 1 and
                                                                                      Institutional Banking Organization 2 (Decree of the
                                                                                      Director No. KP/235/DIR/R dated June 7, 2024).
                                                                                   4) To serve as the Supervising Director of the Regional
                                                                                      Office 05 and Regional Office 16. (CDV Memo
                                                                                      No. CDV/2/563 dated March 20, 2024).
  *) *) The implementation of the duties of Institutional Banking Director refers to the Substitute Director mechanism applicable at BNI.




  AUTHORITY OF THE BOARD OF DIRECTORS                                        8) Carry out all actions and other actions
                                                                                regarding the management and ownership of
  In carrying out its duties and responsibilities, the                          the Company’s assets, binding the Company
  Board of Directors has a number of authorities as                             with other parties and/or other parties with the
  follows:                                                                      Company, with restrictions as regulated in the
  1) Establish policies deemed appropriate for the                              statutory regulations, Articles of Association and/
      management of the Company.                                                or GMS Resolutions.
  2) Regulate the transfer of the powers of the Board
      of Directors to represent the Company inside                           BOARD OF DIRECTORS' RESPONSIBILITIES
      and outside of the Court to a person or several
      members of the Board of Directors specifically                         As regulated in the BNI Board of Directors' Work
      appointed for this purpose or to a person or                           Guidelines and Procedures, the Board of Directors
      several employees of the Company, either                               is responsible for:
      individually or jointly or to another person or                        1) Promoting and ensuring the implementation
      body;                                                                      of the Company’s business and activities in
  3) Regulate provisions regarding the Company’s                                 accordance with its purposes and objectives as
      personnel including determining salaries,                                  well as its business activities;
      pensions or old age security, production services                      2) Establishing on time the Company’s Long
      and other income for the Company based on                                  Term Plan, the Company’s Annual Work Plan
      applicable laws and regulations;                                           and Budget, and other work plans, and any
  4) Appoint, reward or sanction and dismiss                                     amendments to be submitted to the Board of
      Company employees based on the Company’s                                   Commissioners for approval;
      personnel regulations and applicable laws and                          3) Preparing the Shareholders Register, Special
      regulations;                                                               Register, GMS Minutes, and Minutes of the Board
  5) Appoint and dismiss the Corporate Secretary                                 of Directors’ meetings;
      and/or Head of the Internal Audit Unit with                            4) Preparing the Annual Report, which contains the
      approval from the Board of Commissioners;                                  Financial Statements, as a form of accountability
  6) Write off bad debts with the provisions as                                  of the Company’s management as well as the
      stipulated in the Articles of Association and which                        Company’s financial documents as referred to in
      are then reported to the Board of Commissioners,                           Law on Company Documents;
      then reported and accounted for in the Annual                          5) Preparing the Financial Statements based on
      Report;                                                                    the Financial Accounting Standards and submit
  7) Not collect any more part or all of the receivables                         them to Public Accountant to be audited;
      beyond the principal amount carried out in the                         6) Delivering the Annual Report after review by
      context of credit restructuring and/or settlement,                         the Board of Commissioners within a maximum
      but with the obligation to report to the Board of                          period of 5 (five) months after the Company’s
      Commissioners, the reporting provisions and                                fiscal year ends to the GMS for approval and
      procedures are determined by the Board of                                  ratification;
      Commissioners; And                                                     7) Providing explanation to the GMS on the Annual
                                                                                 Report;


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8) Delivering the Balance Sheet and Income                            other or not, except for the implementation of
    Statement after approval by the GMS to the                        the Company's business activities as referred
    Minister in charge of Law in accordance with the                  to in the Articles of Association.
    provisions of laws and regulations;                         2) Actions carried out without the approval of the
9) Preparing other reports mandated by the                         GMS remain binding on the Company as long as
    provisions of laws and regulations;                            the other parties to the legal action have good
10) Maintaining a Shareholders Register, Special                   intentions; and
    Register, GMS Minutes, Minutes of Board                     3) The GMS may reduce restrictions on the actions
    of Commissioners’ Meeting, and Minutes of                      of the Board of Directors as regulated in these
    Board of Directors’ Meeting, Annual Report,                    Articles of Association or determine other
    and Company’s financial documents and other                    restrictions on the Board of Directors other than
    Company’s documents;                                           those regulated in the Articles of Association.
11) Maintaining the following matters in the
    Company’s domicile: Shareholders Register,                  BOARD OF DIRECTORS' ACTIONS THAT
    Special Register, GMS Minutes, Minutes of                   MUST OBTAIN WRITTEN APPROVAL FROM
    Board of Commissioners’ Meeting, and Minutes                THE BOARD OF COMMISSIONERS [ACGS D.1.2]
    of Board of Directors’ Meeting, Annual Report,
    and Company’s financial documents as well as                1) In carrying out certain legal actions, the Board
    other Company’s documents;                                     of Directors must obtain prior written approval
12) Procuring and maintaining the Company’s                        from the Board of Commissioners, especially
    bookkeeping and administration according to                    regarding the matters below:
    norms applicable to a company;                                 a. Releasing/transferring      and/or     pledging
13) Preparing an accounting system in accordance                      Company assets with criteria and value
    with the Financial Accounting Standards and                       exceeding a certain amount determined
    based on the principles of internal control,                      by the Board of Commissioners, except for
    especially the functions of handling, recording,                  Company assets in the context of carrying
    storing, and supervising;                                         out the Company's business activities
14) Providing periodic reports in the manner and time                 in accordance with applicable laws and
    in accordance with the applicable provisions, as                  regulations, which include assets in the form
    well as other reports anytime at the request of the               of credit, securities, repossessed collateral,
    Board of Commissioners and/or Shareholders of                     movable goods, and other assets acquired
    Series A Dwiwarna; by observing the laws and                      in the context of the Company's business
    regulations particularly the regulations in Capital               activities with due observance of provisions
    Market sector;                                                    in the capital markets and banking sector;
15) Preparing the Company’s organizational structure               b. Writing off fixed assets due to certain
    complete with the details and duties;                             conditions that:
16) Providing explanations on all matters questioned                  (1) Lost;
    or requested by members of the Board of                           (2) Destroyed;
    Commissioners and Shareholders of Series A                        (3) Damage that cannot be transferred (total
    Dwiwarna, by observing the laws and regulations                       lost);
    particularly in Capital Market sector; and                        (4) The transfer costs are greater than the
17) Carrying out other obligations in accordance                          economic value obtained from the transfer;
    with the provisions stipulated in the laws and                    (5) Dismantled to be rebuilt or built into other
    regulations, Articles of Association and/or as                        Fixed Assets, the budget of which has been
    determined by the GMS.                                                determined by the GMS/Minister through
                                                                          ratification of the RKAP;
BOARD OF DIRECTORS' ACTIONS THAT                                      (6) Dismantled not to be rebuilt in connection
MUST OBTAIN GMS APPROVAL                                                  with other programs planned by the RKAP;
                                                                      (7) Dismantled to be rebuilt in connection
The following is a list of actions of the Board of                        with a government program; and/or
Directors that need to be approved by the GMS,                        (8) Based on statutory regulations and/
namely:                                                                   or court decisions that have permanent
1) The Board of Directors is responsible for                              legal force, the Fixed Assets are no longer
   requesting approval from the GMS to:                                   owned or controlled by the SOE.
   a. Transfer the Company's assets; or                            c. Holding cooperation with business entities
   b. Make collateral for debts of the Company's                      or other parties, in the form of Operational
      assets, which constitute more than 50% (fifty                   Cooperation (KSO), Business Cooperation
      percent) of the Company's net assets in 1 (one)                 (KSU), License Cooperation, Build, Operate
      or more transactions, whether related to each                   and Transfer (BOT), Build, Transfer and
                                                                      Operate/BTO, Build, Operate and Own (BOO),

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         and other agreements of the same nature                             •    Implemented based on the policy of
         whose term or value exceeds that determined                              the Board of Directors, which has been
         by the Board of Commissioners;                                           approved by the Board of Commissioners
      d. Determine and change the Company's logo;                                 and within the amount of the ceiling (limit)
      e. Establish an organizational structure 1 (one)                            for write-offs that has been determined by
         level below the Board of Directors;                                      the GMS, which will remain in effect until
      f. Make capital participation, release capital                              a new ceiling (limit) is determined by the
         participations, including changes to the                                 GMS.
         capital structure with a certain value                       2. Approval from the Board of Commissioners
         determined by the Board of Commissioners                        regarding paragraph (7) letters a, c, f, g, h,
         in other companies, subsidiaries, and joint                     and i with certain limitations and/or criteria is
         venture companies that are not in the context                   determined after obtaining approval from the
         of rescuing receivables by considering                          Series A Dwiwarna Shareholders.
         provisions in the capital market and banking                 3. Determination of limits and/or criteria by the
         sectors;                                                        Board of Commissioners for matters in letters a, c,
      g. Establish a subsidiary and/or joint venture                     f, g, h, and i is carried out after obtaining approval
         company with a certain value determined                         from the Series A Dwiwarna Shareholders.
         by the Board of Commissioners, considering                   4. The actions of the Board of Directors as referred
         provisions in the Capital Market and banking                    to in letters a and c of this Article, as long as
         sectors;                                                        they are necessary in order to carry out business
      h. Proposing representatives of the Company to                     activities that are commonly carried out in the
         become candidates for members of the Board                      banking business sector by considering the
         of Directors and Board of Commissioners                         provisions of laws and regulations, do not require
         in subsidiaries that make significant                           approval from the Board of Commissioners and/
         contributions to the Company and/or have                        or the GMS.
         strategic value as determined by the Board of                5. The actions of the Board of Directors as referred to
         Commissioners;                                                  in letter b, number 2), number 3), and number 8).
      i. Carrying out mergers, consolidations,                           This article is carried out after obtaining approval
         takeovers, separations, and dissolution of                      from the Series A Dwiwarna Shareholders.
         subsidiaries and joint venture companies                     6. Within a maximum period of 30 (thirty) days from
         with a certain value determined by the Board                    receipt of the request or complete explanation
         of Commissioners considering provisions in                      and documents from the Board of Directors, the
         the Capital Market and banking sectors;                         Board of Commissioners must provide a decision
      j. Carry out actions that are included in material                 as referred to in numbers (7) and (8) letters a and
         transactions as determined by the laws and                      d.
         regulations in the capital markets sector with
         a certain value determined by the Board                      BOARD OF DIRECTORS' ACTIONS THAT
         of Commissioners, unless the actions are                     MUST GET A RESPONSE FROM THE BOARD
         included in material transactions that are                   OF COMMISSIONERS
         excluded by the laws and regulations in force
         in the Capital Markets and banking sector;                   Below is a list of actions that can only be carried out
      k. Actions that have not been determined in the                 by the Board of Directors after receiving a written
         RKAP;                                                        response from the Board of Commissioners and
      l. Actions     to    transfer   include    selling,             obtaining approval from the GMS, including:
         relinquishing the right to collect, and/or no                1) Carry out actions that are included in material
         longer collecting:                                              transactions as stipulated by statutory regulations
         • Non-performing principal receivables                          in the Capital Market sector with a value above
             that have been written off in the context                   50% (fifty percent) of the Company's equity,
             of credit settlement, either in part or in                  unless such actions are included in material
             whole; and                                                  transactions that are excluded by statutory
         • The difference between the value of non                       regulations that apply in the Capital Market
             performing principal receivables that                       sector;
             have been written off and the value of the               2) Carrying out transactions that contain a conflict
             transfer, including sales, or the value of                  of interest as determined in the applicable laws
             the disposal of rights;                                     and regulations in the Capital Market;
                                                                      3) Carrying out other transactions to comply with
                                                                         applicable laws and regulations in the Capital
                                                                         Market.



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If within 30 (thirty) days of receiving the request                the Financial Services Authority, Bank Indonesia,
or complete explanation and documents from the                     and applicable laws and regulations; and
Board of Directors, the Board of Commissioners                  2) The Director in charge of the Compliance
does not provide a written response, then the                      Function is required to fulfill independence
GMS can decide without a written response from                     requirements. "Independence requirements"
the Board of Commissioners. Actions carried out                    are not having financial, management, share
without the approval of the GMS remain binding on                  ownership, and/or familial relationships up to
the Company as long as the other parties to the legal              the third degree with members of the Board of
action have good intentions.                                       Commissioners, the Board of Directors, and/
                                                                   or controlling Shareholders or relationships
DIRECTOR IN CHARGE OF COMPLIANCE                                   with the Bank that could affect their ability to
FUNCTIONS                                                          act independently as intended in provisions
                                                                   regarding the Implementation of Good Corporate
In line with the development of the BNI financial                  Governance for Commercial Banks.
conglomerate, which is getting bigger, the risks
of business activities faced by the Bank continue               Organizational Structure of the Director in
to increase so that preventive (ex-ante) and                    Charge of the Compliance Function
curative (ex-post) efforts are needed to ensure the             1) The President Director and/or Deputy President
implementation of policies, provisions, systems,                   Director are not permitted to hold concurrent
and procedures as well as Business activities                      positions as Directors in charge of the Compliance
carried out by the Bank are in accordance with OJK                 function.
provisions and statutory regulations, as well as                2) The Director who is in charge of the Compliance
ensuring the Bank's compliance with commitments                    function is prohibited from being in charge of the
made by the Bank to the OJK and/or other authorized                following functions:
Supervisory Authorities. In connection with this, BNI              a. Business and operations;
has a Director who is in charge of the Compliance                  b. Risk management, which makes decisions on
Function (Compliance Director), namely Mucharom.                       the Bank's business activities;
                                                                   c. Treasury;
The Compliance Director specifically supervises                    d. Finance and accounting;
the Compliance Function, which is fully responsible                e. Logistics and procurement of goods/services;
for the implementation of the compliance                           f. Information Technology; and
function, has the obligation to foster and realize                 g. Internal audit.
the implementation of a Compliance Culture at                   3) Replacement of the Director in charge of the
all levels of the Bank's organization and business                 Compliance function:
activities, and plays an important role in the Bank's              a. In the event that the Director in charge of the
compliance risk management. The appointment                            Compliance function is unable to carry out
of the BNI Compliance Director has fulfilled the                       his/her office duties for more than 7 (seven)
independence requirements as regulated in POJK                         consecutive working days then the relevant
No. 46/POJK.03/2017 concerning the implementation                      Director must be temporarily replaced by
of Compliance Functions for Commercial Banks and                       another Director until the Director in charge
not to supervise functions that are not permitted by                   of the Compliance function is able to carry out
applicable regulations.                                                his/her office duties again;
                                                                   b. In the event that the Director in charge of the
Further description regarding the realization and                      Compliance function is permanently absent,
achievements of the Compliance Function in carrying                    resigns, or his/her term of office has expired,
out Compliance Programs and Activities during 2024                     the Bank is obliged to immediately appoint
is explained in more detail in the Compliance Work                     a replacement for the Director in charge of
Unit section of this report.                                           the Compliance function, no later than 6 (six)
                                                                       months after the Director in charge of the
Requirements for the Director in Charge of                             Compliance function is permanently absent,
the Compliance Function                                                resigns, or his/her term of office expires;
Prospective Directors in charge of the BNI                         c. During the process of replacing the Director
Compliance Function are required to meet the                           in charge of the Compliance function, the
following individual criteria or requirements:                         Bank is obliged to appoint or assign another
1) Prospective Directors who are in charge of the                      Director to temporarily carry out the duties
    compliance function must have integrity and                        of the Director in charge of the Compliance
    adequate knowledge regarding the provisions of                     function;




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      d. Directors carrying out temporary duties as                       e. Monitor the implementation of the duties of
         Directors in charge of the Compliance function                      the Special Work Unit and/or Bank officials
         are required to fulfill the above requirements.                     responsible for the implementation of APU
         This is excepted if there is no Director in the                     PPT and PPPSPM;
         Company who fulfills these requirements;                         f. Provide recommendations to the President
         and                                                                 Director regarding officials who will lead the
      e. The temporary replacement of the position of                        Special Work Unit or officials responsible
         Director in charge of the Compliance function                       for implementing the APU PPT and PPPSPM
         must be reported to the Financial Services                          Programs;
         Authority.                                                       g. Providing approval for Suspicious Financial
                                                                             Transaction Reports (LTKM);
  Duties and Responsibilities of the Director                             h. Propose an Action Plan Report and Data
  in Charge of the Compliance Function                                       Update Plan Report before submitting it to the
  The duties and responsibilities of the Director in                         Financial Services Authority; and
  charge of the Compliance Function include at least:                     i. Ensure that officials and/or employees,
  1) Formulate a strategy to encourage the creation                          especially from related work units and new
     of a Bank Compliance Culture;                                           employees, have attended training related to
  2) Propose a compliance policy or compliance                               the implementation of APU PPT and PPPSPM
     principles that will be determined by the Board                         once a year.
     of Directors;                                                    8) The Director in charge of the Compliance function
  3) Establish compliance systems and procedures                          is obliged to submit a report to the Financial
     that will be used to develop Bank internal                           Services Authority regarding the implementation
     regulations and guidelines;                                          of his duties, including:
  4) Ensure that all regulatory policies, systems and                     a. Compliance Work Plan contained in the Bank
     procedures, as well as business activities carried                      Business Plan;
     out by the Bank are in accordance with the                           b. Compliance Report; and
     provisions of the Financial Services Authority,                      c. Special reports regarding policies and/or
     Bank Indonesia, and applicable laws and                                 decisions of the Board of Directors, which,
     regulations;                                                            according to the Director in charge of the
  5) Minimizing Bank Compliance Risk;                                        Compliance function, have deviated from the
  6) Take preventive measures so that policies and/                          provisions of the Financial Services Authority
     or decisions taken by the Bank's Board of                               and/or applicable laws and regulations as part
     Directors do not deviate from the provisions of                         of the duties of the Director in charge of the
     the Financial Services Authority, Bank Indonesia,                       Compliance function.
     and applicable laws and regulations;                             9) Report the implementation of duties and
  7) In order to implement the Anti-Money Laundering                      responsibilities to the President Director with
     Program, Counter Terrorism Financing, and                            a copy to the Board of Commissioners at least
     Prevention of Financing for the Proliferation of                     quarterly;
     Weapons of Mass Destruction (APU PPT and                         10) Perform other tasks related to the Compliance
     PPPSPM), the Compliance Director has the duties                      function.
     and responsibilities of at least:
     a. Proposing strategic written policies and                      POLICY ON CONCURRENT POSITIONS OF
         procedures regarding the implementation of                   THE BOARD OF DIRECTORS [ACGS D.2.6, D.2.7]
         the APU PPT and PPPSPM programs to the
         Board of Commissioners;                                      Referring to the BNI Board of Directors' Work
     b. Ensure that the implementation of APU PPT                     Guidelines and Procedures and as stated in SOE
         and PPPSPM is carried out in accordance with                 Ministerial Regulation No. PER-3/MBU/03/2023
         established written policies and procedures;                 concerning Organs and Human Resources of State-
     c. Ensure that the scope of active supervision of                Owned Enterprises, all members of the BNI Board
         the Board of Directors is fulfilled adequately;              of Directors do not hold concurrent positions other
     d. Monitor and maintain the Bank's compliance                    than those permitted by the applicable rules and
         with all commitments made by the Bank to                     regulations. Members of the BNI Board of Directors
         the Financial Services Authority, including                  are prohibited from holding concurrent positions
         commitments in the Action Plan, Data                         as members of the Board of Commissioners, the
         Update Activity Plan Report, and the results                 Board of Directors, or Executive Officers in banks,
         of Bank Indonesia supervision related to the                 companies, and/or other institutions except when
         implementation of the APU PPT and PPPSPM                     permitted. However, there are exceptions to not
         Programs;                                                    being included in the concurrent position category



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if the Board of Directors has responsibility for supervision at a subsidiary of the Bank, carries out functional
duties as a member of the Board of Commissioners at a non-bank subsidiary company controlled by the Bank,
as long as the concurrent position does not result in the person concerned neglecting their implementation
duties and responsibilities as a member of the Bank's Board of Directors.

General provisions regarding concurrent positions for the Board of Directors are regulated in the following
regulations:
1) Based on SOE Ministerial Regulation No. PER-3/MBU/03/2023 concerning Organs and Human Resources
   of State-Owned Enterprises, members of the Board of Directors are prohibited from holding concurrent
   positions as:
   a. Board of Directors of SOE, Regional Owned Enterprises, Private Owned Enterprises;
   b. Board of Commissioners/Supervisory Board at SOE and other companies;
   c. Other structural and functional positions in central and/or regional government agencies/institutions;
   d. Other positions in accordance with provisions in statutory regulations;
   e. Political party administrators, legislative members and/or regional heads/deputy regional heads;
   f. Other positions that may give rise to a conflict of interest; and/or
   g. Become a legislative candidate or candidate for regional head/deputy regional head.

In addition to the concurrent positions mentioned above, members of the BNI Board of Directors are prohibited
from holding concurrent positions as members of the Board of Commissioners in other companies, except:
1) The Board of Commissioners of the relevant SOE subsidiary/SOE-affiliated company, provided that they
    are only entitled to the highest income from the position held concurrently, unless otherwise determined
    by the Minister; and
2) Board of Commissioners in other companies to represent/stand for the interests of SOE as long as they
    obtain permission from the Minister of SOE.

Information regarding concurrent positions of the Bank's Board of Directors as of December 31, 2024, is
described as follows:
                                                               Political Party
                                    Member of Board of Management and/or Other Positions
                                                                                                     Other
                                     Directors of State-   Candidates Members in Accordance
                                                                                                 Positions that
                   Position in      Owned Enterprises,      of DPR, DPD, DPRD        with the                       Position in
       Name                                                                                       can Cause a
                    the Bank         Regional-Owned          Level I, and DPRD     Provisions of                    Subsidiary
                                                                                                   Conflict of
                                    Enterprises, Private- Level II and/or Regional  Laws and
                                                                                                    Interest
                                    Owned Enterprises Head/Deputy Regional         Regulations
                                                             Head Candidates
Royke            President                   No                    No                  No                No             No
Tumilaar         Director
Putrama          Deputy                      No                    No                  No                No             No
Wahju            President
Setyawan         Director
Novita Widya     Finance                     No                    No                  No                No             No
Anggraini        Director
Corina Leyla     Retail Banking              No                    No                  No                No             No
Karnalies        Director
David Pirzada    Risk                        No                    No                  No                No             No
                 Management
                 Director
Ronny Venir      Network                     No                    No                  No                No             No
                 and Services
                 Director
Mucharom         Human                       No                    No                  No                No             No
                 Capital and
                 Compliance
                 Director
Toto Prasetio    Technology                  No                    No                  No                No             No
                 and Operations
                 Director
I Made           Enterprise and              No                    No                  No                No             No
Sukajaya         Commercial
                 Banking
                 Director



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                                                                     Political Party
                                          Member of Board of Management and/or Other Positions
                                                                                                           Other
                                           Directors of State-   Candidates Members in Accordance
                                                                                                       Positions that
                       Position in        Owned Enterprises,      of DPR, DPD, DPRD        with the                       Position in
        Name                                                                                            can Cause a
                        the Bank           Regional-Owned          Level I, and DPRD     Provisions of                    Subsidiary
                                                                                                         Conflict of
                                          Enterprises, Private- Level II and/or Regional  Laws and
                                                                                                          Interest
                                          Owned Enterprises Head/Deputy Regional         Regulations
                                                                   Head Candidates
  Hussein Paolo      Digital and                  No                      No                 No                No                 No
  Kartadjoemena      Integrated
                     Transaction
                     Banking
                     Director
   Agung             Wholesale                    No                      No                 No                No                 No
   Prabowo           and
                     International
                     Banking
                     Director
   Munadi            Institutional                No                      No                 No                No                 No
   Herlambang*       Banking
                     Director
  * Has not been effective



  MANAGEMENT OF CONFLICTS OF                                            3) Must fill out a Special List containing his/her and/
  INTEREST OF THE BOARD OF DIRECTORS                                       or his/her family's share ownership of 5% (five
  [ACGS A.8.2]                                                             percent) or more in banks or other companies
                                                                           domiciled at home and abroad;
  BNI ensures that all serving members of the Board                     4) Must      disclose     financial    and      familial
  of Directors have no conflict of interest or potential                   relationships with other members of the Board
  conflict of interest with the Bank. All members                          of Commissioners, members of the Board of
  of the Bank's Board of Directors adhere to their                         Directors, and/or controlling shareholders of the
  commitment to avoid potential conflicts of interest                      Company;
  or always position themselves to avoid potential                      5) Prohibited from taking actions that could harm
  conflicts of interest in any situation as regulated                      the Company or reduce the Company's profits
  in the Guidelines for Handling Conflicts of Interest                     and must disclose conflicts of interest in every
  No. IN/119/CMP/001 dated December 27, 2024. In the                       decision in the event of a conflict of interest; and
  event of a conflict of interest, the Board of Directors               6) Not to participate in discussions and decision-
  is prohibited from taking action that could harm or                      making that contain elements of conflict of
  reduce the Bank's profits and is obliged to disclose                     interest.
  the potential conflict of interest in every decision.
  The actions that must be taken by members of the                      PARTICIPATION OF BOARD OF DIRECTORS
  Board of Directors if a conflict of interest occurs                   MEMBERS IN PROFESSIONAL
  include:                                                              ASSOCIATIONS AND/OR ORGANIZATIONS
  1) Must prioritize the economic interests of the
      Company above the economic interests of                           A number of members of the BNI Board of Directors
      personal or family or other parties;                              are registered as active members in several
  2) Not to use his/her position for personal interests                 professional associations or organizations. The
      or for the interests of other people or parties that              activeness of a member of the Board of Directors
      conflict with the interests of the Company;                       in a professional association or organization does
                                                                        not result in the person concerned neglecting the
                                                                        implementation of their duties and responsibilities
                                                                        as a member of the Bank's Board of Directors, and
                                                                        therefore this is not included in the category of
                                                                        having concurrent positions.




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 No.             Name                             Position                       Position in Association/Organization
  1    Royke Tumilaar               President Director                 •   Treasurer II - Indonesian Bankers Association (IBI)
                                                                       •   Deputy General Chair - Indonesian Golf Association
                                                                           (PGI)
  2    Putrama Wahju                Deputy President Director          -
       Setyawan
  4    Novita Widya Anggraini       Finance Director                   Treasurer - Indonesian Bankers Association (IBI)
  3    Corina Leyla Karnalies       Retail Banking Director            Deputy Chair - Indonesian Payment Systems Association
                                                                       (ASPI)
  5    David Pirzada                Risk Management Director           •   Director of Directorate - Financial Risk Management
                                                                       •   Member - Indonesian Bankers Association (IBI)
  6    Ronny Venir                  Network and Services Director      -
  7    Mucharom                     Human Capital and Compliance •         Head of Division 1 Organization Development &
                                    Director                               Workforce Planning – Indonesian Human Capital
                                                                           Forum (FHCI)
                                                                       •   Treasurer III - Indonesian Economic Scholars
                                                                           Association (ISEI)
                                                                       •   Legal & ESG Management of the National Bank
                                                                           Association (PERBANAS)
                                                                       •   Deputy Head of Training - Banking Compliance Director
                                                                           Communication Forum (FKDKP)
                                                                       •   Sports Sector Manager - Indonesian Bankers
                                                                           Association (IBI)
  8    Toto Prasetio                Technology and Operations          •   Secretary General - Banking Operations Director
                                    Director                               Communication Forum (FKDOP)
                                                                       •   Member - ICIO Community
                                                                       •   Deputy Chair of Division III - SOE Digital Forum
                                                                           (Fordigi).
  9    I Made Sukajaya              Enterprise and Commercial          Member - Association of Indonesian Economic Scholars
                                    Banking Director                   (ISEI)
  10   Hussein Paolo                Digital and Integrated             Deputy Chair for Social Affairs - Indonesian Bankers
       Kartadjoemena                Transaction Banking Director       Association (IBI)
  11   Agung Prabowo                Wholesale and International        -
                                    Banking Director
  12   Munadi Herlambang*           Institutional Banking Director     •   Deputy Chair of Division IV (Ecosystem Development)
                                                                           - SOE Digital Forum (Fordigi).
                                                                       •   Deputy Main General Chair - ITS Alumni Association
* Has not been effective



POLICY ON THE PROVISION OF LOANS FOR                                 in carrying out their duties and responsibilities and
THE BOARD OF DIRECTORS [ACGS A.8.3]                                  always take actions and decisions based on GCG
                                                                     principles in order to achieve the Bank's interests
BNI does not prohibit and has a policy of providing                  above their own interests. Members of the Board of
loans to the Board of Directors, which are carried out               Directors are obliged to disclose to the Bank whether
in accordance with the loan policies applicable at BNI               they, directly, indirectly, or on behalf of a third party,
and are guided by applicable regulations, and fulfill                have a material interest in any transaction or issue
the same terms and conditions for granting loans                     that directly impacts the Bank, including if there
as parties not related to BNI. The policy for granting               is a change in personal or family share ownership
loans to the Board of Directors is implemented by                    in BNI and/or at other banks, non-bank financial
prioritizing the principles of an arm's-length basis                 institutions, and other companies.
and at market rates as regulated in the Company
Guidelines for Business Banking Loan Procedures                      Concrete steps in this regard are demonstrated by
for the Corporate & Enterprise Segment, Book I,                      the Board of Directors by signing an independence
Chapter Loan Approval and Board of Directors'                        statement sheet in the form of a Statement of
Charter.                                                             Independent Acting in the Implementation of
                                                                     the Company's Operational Management at the
INDEPENDENCE OF THE BOARD OF                                         beginning of each year to state its independence
DIRECTORS [ACGS A.8.2]                                               status and at the end of the year to state whether
                                                                     during the last year there was a situation where there
All members of the Board of Directors always                         was a conflict of interest by the Board of Directors
prioritize a professional and independent attitude                   regarding their actions.


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  Statement of Independence of Members of the Board of Directors




                                                                                                                                  I I Made Sukajaya




                                                                                                                                                                      Agung Prabowo
                                                                                                                                                      Kartadjoemena
                                                         Royke Tumilaar




                                                                                                                                                      Hussein Paolo




                                                                                                                                                                                      Herlambang*
                                                                                                            Mucharom
                                                                          Setyawan


                                                                          Anggraini


                                                                          Karnalies




                                                                                                                       Prasetio
                                                                           Putrama




                                                                                                                                                                                        Munadi
                                                                                       Pirzada
                                                                            Novita
                                                                            Widya

                                                                            Corina




                                                                                                  Ronny
                                                                            Wahju




                                                                                        David
                                                                            Leyla




                                                                                                  Venir




                                                                                                                        Toto
                      Statement




   An independent party with no affiliation to the
   Bank’s owner or Controlling Shareholder (PSP).
   Has no financial, managerial, share ownership,
   and/or family relationship with other members
   of the Board of Commissioners, members of
   the Board of Directors, and/or the controlling
   shareholder, or any other relationship that may
   affect the ability to act independently.

  * Has not been effective



  BOARD OF DIRECTORS' SHARE OWNERSHIP [ACGS C.1.3]

  All Board of Directors have reported transparency of share ownership held both in BNI and in banks or other
  companies. The share ownership of each Board of Director can be seen in the table below:

  Board of Directors' Share Ownership as of December 31, 2024
                                                                                                            Share Ownership
               Name                                  Position                                                                                             Other Bank or
                                                                                                          BNI
                                                                                                                                                            Company
   Royke Tumilaar                     President Director                                    3,656,941 shares (0.0098%)                                                None
   Putrama Wahju Setyawan             Deputy President Director                             3,879,526 shares (0.0104%)                                                None
   Novita Widya Anggraini             Finance Director                                      3,143,884 shares (0.0084%)                                                None
   Corina Leyla Karnalies             Retail Banking Director                               3,506,474 shares (0.0094%)                                                None
   David Pirzada                      Risk Management Director                              2,859,984 shares (0.0076%)                                                None
   Ronny Venir                        Network and Services Director                         3,539,596 shares (0.0094%)                                                None
   Mucharom                           Human Capital and Compliance                          2,541,148 shares (0.0068%)                                                None
                                      Director
   Toto Prasetio                      Technology and Operations                             2,163,696 shares (0.0058%)                                                None
                                      Director
   I Made Sukajaya                    Enterprise and Commercial                              576,912 shares (0.0015%)                                                 None
                                      Banking Director
   Hussein Paolo                      Digital and Integrated Transaction                     918,611 shares (0.0024%)                                                 None
   Kartadjoemena                      Banking Director
   Agung Prabowo                      Wholesale and International                            101,356 shares (0.0002%)                                                 None
                                      Banking Director
   Munadi Herlambang*                 Institutional Banking Director                                None                                                              None
  * Has not been effective



  BOARD OF DIRECTORS MEETING

  Policies and Implementation of Board of Directors Meetings
  Board of Directors meetings must be held regularly, at least once per month. A Board of Directors Meeting
  can be held at any time if deemed necessary by one or more members of the Board of Directors or upon
  written request from one or more members of the Board of Commissioners. This policy is in line with the
  provisions of POJK No. 33/POJK.04/2014 concerning the Board of Directors and Board of Commissioners
  of Issuers or Public Companies as well as Article 13 of the Bank's Articles of Association and the Board of
  Directors' Charter. The following is a description of the policy for implementing BNI Board of Directors
  Meetings:




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Meeting             1) The Board of Directors is obliged to hold regular Board of Directors Meetings at least once per month.
Implementation      2) The Board of Directors is obliged to hold regular Board of Directors and Board of Commissioners
                       meetings at least once every 4 (four) months.
                    3) The Board of Directors meeting as referred to in points 1 and 2 is held if attended by the majority of
                       members of the Board of Directors.
                    4) The Board of Directors is obliged to determine the rules for the Board of Directors’ meetings.
                    5) Board of Directors Meetings can be held at any time if:
                       a. deemed necessary by one or more members of the Board of Directors;
                       b. Upon written request from one or more members of the Board of Commissioners.
Meeting             1) Meetings can be held at the Company’s domicile or at other places within the territory of the Republic
Summon                 of Indonesia or at the Company’s place of business activities.
                    2) Summons for Board of Directors Meetings must be made by members of the Board of Directors who
                       have the right to represent the Board of Directors.
                    3) Summons for Board of Directors Meetings must be made in writing and conveyed or delivered directly
                       to each member of the Board of Directors with adequate receipt or by registered post or by courier
                       service or by telex, fax, or electronic mail (e-mail) no later than 5 (five) working days before the meeting
                       is held without taking into account the date of summons and the date of the meeting or within a shorter
                       time if in urgent circumstances. [ACGS D.3.6]
                    4) Summons for the Board of Directors Meeting must include the agenda, date, time, and place of the
                       meeting. Board of Directors meetings can be held at the Company’s domicile or at other places within
                       the territory of the Republic of Indonesia or at the Company’s place of business activities.
                    5) Board of Directors’ meeting materials are distributed to all meeting participants no later than 5 (five)
                       working days before the meeting is held, and in case the meeting is held outside the schedule, meeting
                       materials can be submitted before the meeting is held.
Chairman of         1) All Board of Directors Meetings are chaired by the President Director, and in case the President Director
the Board              is absent or unable to attend, then the Deputy President Director who chairs the Board of Directors
of Directors           Meeting or a Director appointed in writing by the President Director who chairs the Board of Directors
Meeting                Meeting if at the same time the Deputy President Director is absent or is unavailable, or the Director
                       is appointed by the Deputy Director who chairs the Board of Directors Meeting if at the same time the
                       President Director is absent or unavailable and does not make the appointment.
                    2) If the GMS does not appoint a Deputy President Director, then in the event that the President Director is
                       absent or unavailable, one of the Directors appointed in writing by the President Director will chair the
                       Board of Directors Meeting.
                    3) In the event that the President Director does not make an appointment, then one of the Directors who
                       has served the longest as a member of the Board of Directors shall chair the Board of Directors Meeting.
                    4) In the event that the Director who has served the longest as a member of the Company’s Board of
                       Directors is more than 1 (one) person, then the Director referred to in number 3 above is the oldest in
                       age who acts as chairman of the Board of Directors Meeting.
Attendance          1) A member of the Board of Directors may be represented at a Board of Directors Meeting only by
                       another member of the Board of Directors based on a power of attorney. A member of the Board of
                       Directors can only represent another member of the Board of Directors.
                    2) Members of the Board of Directors who are unable to attend a Board of Directors Meeting can submit
                       their opinion in writing and sign it, then convey it to the President Director or Deputy President Director
                       or to other members of the Board of Directors who will chair the Board of Directors Meeting, regarding
                       whether they support or do not support the matters to be discussed, and opinions will be considered as
                       valid votes cast at the Board of Directors Meeting.
                    3) In the event that members of the Board of Directors are unable to attend the meeting physically,
                       members of the Board of Directors can attend the meeting via teleconference, video conference, or
                       other electronic media, in accordance with applicable regulations.
                    4) Every member of the Board of Directors who personally in any way, either directly or indirectly, has an
                       interest in a transaction, contract, or proposed contract in which the Company is a party must have the
                       nature of his interest declared at a Board of Directors Meeting and therefore has no right to take part in
                       voting on matters relating to the transaction or contract.
Quorum and          1) A Board of Directors meeting is valid and has the right to make binding decisions if attended and/or
Decision Making        represented by more than 2⁄3 (two thirds) of the total members of the Board of Directors. [ACGS E.3.4]
[ACGS D.3.4]        2) In the event that there is more than one proposal, a re-election is carried out so that one of the proposals
                       receives more than 2⁄3 (two thirds) of the total votes cast. [ACGS E.3.4]
                    3) Decisions at Board of Directors Meetings must be taken based on deliberation to reach consensus. If a
                       decision based on deliberation to reach a consensus is not reached, then the decision must be taken by
                       voting based on the affirmative votes of more than 2⁄3 (two thirds) of the number of valid votes cast at
                       the relevant meeting. [ACGS E.3.4]
                    4) At a Board of Directors Meeting, each member of the Board of Directors has the right to cast 1 (one)
                       vote and an additional 1 (one) vote for each other member of the Board of Directors whom he or she
                       legally represents at the meeting.
                    5) A blank vote (abstain) is deemed to approve the proposal submitted at the meeting. Invalid votes are
                       considered non-existent and are not counted in determining the number of votes cast at the meeting.
                    6) Voting regarding individuals is carried out using closed ballot papers without signatures, while voting
                       regarding other matters is carried out verbally, unless the Chairman of the Meeting determines
                       otherwise without any objection based on the majority of votes from those present.
                    7) Every policy and strategic decision must be decided through a Board of Directors meeting with due
                       regard to supervision in accordance with the duties and responsibilities of the Board of Commissioners.




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   Minutes of               1) The results of the Board of Directors Meeting must be stated in the Minutes of Meeting. The minutes
   Meetings                    of the meeting must be drawn up by someone present at the meeting appointed by the Chairman of
                               the Meeting and then signed by all members of the Board of Directors present and submitted to all
                               members of the Board of Directors.
                            2) The results of the Board of Directors and Board of Commissioners meetings must be included in the
                               Minutes of Meeting. The minutes of the meeting must be drawn up by someone present at the meeting
                               appointed by the Chairman of the Meeting and then signed by all members of the Board of Directors
                               and members of the Board of Commissioners present and submitted to all members of the Board of
                               Directors and members of the Board of Commissioners.
                            3) In the event that there are members of the Board of Directors and/or members of the Board of
                               Commissioners who do not sign the results of the meeting as referred to in points 1 and 2 above, the
                               person concerned is obliged to state the reasons in writing in a separate letter attached to the Minutes
                               of Meeting.
                            4) The minutes of the meeting as referred to in points 1 and 2 above must be documented by the Company.
                            5) Minutes of the Board of Directors’ Meetings are valid evidence for members of the Board of Directors
                               and for third parties regarding the decisions taken at the relevant Meeting.
                            6) Board of Directors is required to prepare minutes of Board of Directors’ meetings and document them
                               in accordance with statutory regulations and articles of association.
                            7) Dissenting opinions that occur at Board of Directors meetings must be stated clearly in the minutes of
                               the meeting along with the reasons for the difference of opinion.
   Board of                 The Board of Directors can also make valid decisions without holding a Board of Directors Meeting
   Directors                provided that all members of the Board of Directors have been notified in writing and all members of the
                            Board of Directors have given their approval regarding the proposal submitted in writing and signed the
                            approval. Decisions taken in this way have the same force as decisions legally taken at a Board of Directors
                            Meeting.



  Level of Attendance of the Board of Directors Members at the Board of Directors Meetings,
  Joint Meetings of the Board of Directors and the Board of Commissioners, and GMS [ACGS
  D.3.2, D.3.3]
  In 2024, the Board of Directors has held 46 (forty-six) Board of Directors Meetings and 8 (eight) Board of
  Directors Meetings with the Board of Commissioners, and 1 (one) GMS. The following is a description of the
  frequency and attendance of meetings for each member of the Board of Directors:
                                                   Board of Directors Meeting                                    Annual GMS 2024
                                                                                  BOD and BOC Meetings
                                                            [ACGS D.3.5]                                          for the Year 2023
             Name                   Position       Number and (%) Attendance Number and (%) Attendance Number and (%) Attendance
                                                    Total   Level of              Total   Level of           Total   Level of
                                                                            %                          %                              %
                                                   Meeting Attendance            Meeting Attendance         Meeting Attendance
   Royke Tumilaar               President             46           43       93      8         7        88       1           1         100
                                Director
   Putrama Wahju                Deputy                46           43       93      8         8       100       1           1         100
   Setyawan                     President
                                Director
   Novita Widya                 Finance               46           41       89      8         7        88       1           1         100
   Anggraini                    Director
   Corina Leyla                 Retail Banking        46           41       89      8         8       100       1           1         100
   Karnalies                    Director
   David Pirzada                Risk                  46           40       87      8         7        88       1           1         100
                                Management
                                Director
   Ronny Venir                  Network               46           39       85      8         8       100       1           1         100
                                and Services
                                Director
   Mucharom                     Human Capital         46           44       96      8         7        88       1           1         100
                                and Compliance
                                Director
   Toto Prasetio                Technology            46           40       87      8         7        88       1           1         100
                                and Operations
                                Director
   I Made Sukajaya              Enterprise and        39           38       97      6         6       100       -            -         -
                                Commercial
                                Banking
                                Director




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                                                 Board of Directors Meeting                                            Annual GMS 2024
                                                                                     BOD and BOC Meetings
                                                            [ACGS D.3.5]                                                for the Year 2023
          Name                   Position        Number and (%) Attendance Number and (%) Attendance Number and (%) Attendance
                                                  Total   Level of                   Total   Level of               Total   Level of
                                                                               %                              %                               %
                                                 Meeting Attendance                 Meeting Attendance             Meeting Attendance
                             Digital and               39         37           95      6           6         100       -            -          -
 Hussein Paolo               Integrated
 Kartadjoemena               Transaction
                             Banking
                             Director
 Agung Prabowo               Wholesale and             39         35           90      6           5          83       -            -          -
                             International
                             Banking
                             Director
 Munadi Herlambang*          Institutional             39         31           79      6           6         100       -            -          -
                             Banking
                             Director
 Adi Sulistyowati**          Deputy                    7           7          100      2           1          50      1            1         100
                             President
                             Director
 Sis Apik Wijayanto**        Enterprise and            7           7          100      2           2         100      1            1         100
                             Commercial
                             Banking
                             Director
 Silvano Winston             Wholesale and             7           7          100      2           1          50      1            1         100
 Rumantir**                  International
                             Banking
                             Director
 Muhammad Iqbal**            Institutional             7           5           71      2           2         100      1            1         100
                             Banking
                             Director
*) Has not been efective
**) No longer serves as Director of the Bank in line with the expiration of his term of office as Director in accordance with the resolution of the
    AGMS dated March 4, 2024.

Throughout 2024, Board of Directors meetings were held 46 (forty-six) times with an average percentage of
Board of Directors' attendance at meetings of 90.68%.

Agenda, Date, and Participants of the 2024 Board of Directors Meeting [ACGS D.3.5]
Throughout 2024, the Board of Directors has held 46 (forty-six) meetings with the following agenda, dates,
and participation:
 No.            Date                   Meeting Agenda                        Meeting Partcipants            Attendance             Notes
 1.     January 8, 2024        1. General Agenda, including:           •   Royke Tumilaar               •   On Duty        BNI Meeting Room
                                  1) Financial Performance             •   Adi Sulistyowati             •   Present
                                     Update                            •   Novita Widya Anggraini       •   Present
                                  2) Business Strategy                 •   Corina Leyla Karnalies       •   On Leave
                                     Update                            •   Sis Apik Wijayanto           •   Present
                               2. Corporate Action Approval            •   David Pirzada                •   On Leave
                                                                       •   Silvano Winston Rumantir     •   Present
                                                                       •   Ronny Venir                  •   Present
                                                                       •   Muhammad Iqbal               •   Permission
                                                                       •   Putrama Wahju Setyawan       •   Present
                                                                       •   Mucharom                     •   Present
                                                                       •   Toto Prasetio                •   On Duty
 2.     January 15, 2024       General Agenda, including               •   Royke Tumilaar               •   Present        BNI Meeting Room
                               Business Strategy Update                •   Adi Sulistyowati             •   Present
                                                                       •   Novita Widya Anggraini       •   On Duty
                                                                       •   Corina Leyla Karnalies       •   Present
                                                                       •   Sis Apik Wijayanto           •   Present
                                                                       •   David Pirzada                •   Present
                                                                       •   Silvano Winston Rumantir     •   Present
                                                                       •   Ronny Venir                  •   Present
                                                                       •   Muhammad Iqbal               •   Present
                                                                       •   Putrama Wahju Setyawan       •   Present
                                                                       •   Mucharom                     •   Present
                                                                       •   Toto Prasetio                •   Present




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    No.          Date                   Meeting Agenda                  Meeting Partcipants             Attendance         Notes
   3.     January 22, 2024       1. General Agenda, including:    •   Royke Tumilaar                •   Present      BNI Meeting Room
                                    1) Dashboard and Credit       •   Adi Sulistyowati              •   Present
                                       Process Improvement        •   Novita Widya Anggraini        •   Present
                                    2) Business Strategy          •   Corina Leyla Karnalies        •   Present
                                       Update                     •   Sis Apik Wijayanto            •   Present
                                    3) Anniversary Proposal       •   David Pirzada                 •   Present
                                 2. ESG Committee Update          •   Silvano Winston Rumantir      •   Present
                                 3. Technology Management         •   Ronny Venir                   •   Present
                                    Committee                     •   Muhammad Iqbal                •   Present
                                                                  •   Putrama Wahju Setyawan        •   Present
                                                                  •   Mucharom                      •   Present
                                                                  •   Toto Prasetio                 •   Present
   4.     January 29, 2024       1. Kick Off Strategies           •   Royke Tumilaar                •   Present      BNI Meeting Room
                                    Initiative                    •   Adi Sulistyowati              •   Present
                                 2. Kick Off RBB 2024             •   Novita Widya Anggraini        •   Present
                                 3. General Agenda, including     •   Corina Leyla Karnalies        •   Present
                                    Calendar Event Update         •   Sis Apik Wijayanto            •   Present
                                                                  •   David Pirzada                 •   Present
                                                                  •   Silvano Winston Rumantir      •   Present
                                                                  •   Ronny Venir                   •   Present
                                                                  •   Muhammad Iqbal                •   Present
                                                                  •   Putrama Wahju Setyawan        •   Present
                                                                  •   Mucharom                      •   Present
                                                                  •   Toto Prasetio                 •   Present
   5.     February 5, 2024       1. General Agenda, including     •   Royke Tumilaar                •   Present      BNI Meeting Room
                                    Business Strategy Update      •   Adi Sulistyowati              •   Present
                                 2. Financial Performance         •   Novita Widya Anggraini        •   Present
                                    Update                        •   Corina Leyla Karnalies        •   Present
                                 3. Independent Consultant        •   Sis Apik Wijayanto            •   Present
                                    Review                        •   David Pirzada                 •   Present
                                                                  •   Silvano Winston Rumantir      •   Present
                                                                  •   Ronny Venir                   •   On Leave
                                                                  •   Muhammad Iqbal                •   On Leave
                                                                  •   Putrama Wahju Setyawan        •   Present
                                                                  •   Mucharom                      •   Present
                                                                  •   Toto Prasetio                 •   Present
   6.     February 19, 2024      1. Human Capital Committee       •   Royke Tumilaar                •   Present      BNI Meeting Room
                                 2. Unit Assessment 2023          •   Adi Sulistyowati              •   Present
                                    Update                        •   Novita Widya Anggraini        •   Present
                                 3. General Agenda, including:    •   Corina Leyla Karnalies        •   Present
                                    1) Business Strategy          •   Sis Apik Wijayanto            •   Present
                                       Update                     •   David Pirzada                 •   Present
                                    2) Ground Breaking            •   Silvano Winston Rumantir      •   Present
                                       of Gedung PIK2             •   Ronny Venir                   •   Present
                                       Development                •   Muhammad Iqbal                •   Present
                                 4. Joint Chairman                •   Putrama Wahju Setyawan        •   Present
                                    Assessment Unit 2023          •   Mucharom                      •   Present
                                                                  •   Toto Prasetio                 •   Present
   7.     February 26, 2024      1. Human Capital Committee       •   Royke Tumilaar                •   Present      BNI Meeting Room
                                 2. Procurement Committee         •   Adi Sulistyowati              •   Present
                                    – Singapore Overseas          •   Novita Widya Anggraini        •   Present
                                    Building                      •   Corina Leyla Karnalies        •   Present
                                 3. Technology Management         •   Sis Apik Wijayanto            •   Present
                                    Committee                     •   David Pirzada                 •   Present
                                 4. Framework Operational         •   Silvano Winston Rumantir      •   Present
                                    Risk Management               •   Ronny Venir                   •   Present
                                                                  •   Muhammad Iqbal                •   Present
                                                                  •   Putrama Wahju Setyawan        •   Present
                                                                  •   Mucharom                      •   Present
                                                                  •   Toto Prasetio                 •   Present




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                                                                                           PT Bank Negara Indonesia (Persero) Tbk
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No.          Date                 Meeting Agenda                 Meeting Partcipants           Attendance         Notes
8.    March 5, 2024        1. General Agenda                 • Royke Tumilaar              •   Present       BNI Meeting Room
                           2. ALCO Committee                 • Putrama Wahju Setyawan*     •   Present
                           3. Human Capital Committee        • Novita Widya Anggraini      •   Present
                                                             • Corina Leyla Karnalies      •   Present
                                                             • David Pirzada               •   Present
                                                             • Ronny Venir                 •   On Duty
                                                             • Mucharom                    •   Present
                                                             • Toto Prasetio               •   Present
                                                             • I Made Sukajaya*            •   Present
                                                             • Hussein Paolo               •   Present
                                                               Kartadjoemena*              •   Present
                                                             • Agung Prabowo*              •   Present
                                                             • Munadi Herlambang*
9.    March 13, 2024       1. General Agenda, including      • Royke Tumilaar              •   Present       BNI Meeting Room
                              Update Kinerja Wilayah         • Putrama Wahju Setyawan*     •   Present
                           2. Risk Appetite Statement        • Novita Widya Anggraini      •   Present
                           3. ESG Update                     • Corina Leyla Karnalies      •   Present
                                                             • David Pirzada               •   Present
                                                             • Ronny Venir                 •   Present
                                                             • Mucharom                    •   Present
                                                             • Toto Prasetio               •   Present
                                                             • I Made Sukajaya*            •   Present
                                                             • Hussein Paolo               •   Present
                                                               Kartadjoemena*              •   On Duty
                                                             • Agung Prabowo*              •   On Leave
                                                             • Munadi Herlambang*
10.   March 19, 2024       1. Business Strategy Update:      • Royke Tumilaar              •   Present       BNI Meeting Room
                              1) CS Teller Roster            • Putrama Wahju Setyawan*     •   Present
                                 Progress                    • Novita Widya Anggraini      •   On Duty
                              2) Savings Program             • Corina Leyla Karnalies      •   Present
                           2. Boar of Directors              • David Pirzada               •   Present
                              Assignment                     • Ronny Venir                 •   On Duty
                           3. BoD Risk Management            • Mucharom                    •   Present
                              Certification                  • Toto Prasetio               •   Present
                           4. General Agenda, including:     • I Made Sukajaya*            •   Present
                              1) Safari RamadhanUpdate       • Hussein Paolo               •   On Duty
                              2) Preparation of Idul Fitri     Kartadjoemena*
                                                             • Agung Prabowo*              • On Duty
                                                             • Munadi Herlambang*          • On Leave
11.   March 25, 2024       1. General Agenda, including      • Royke Tumilaar              •   Present       BNI Meeting Room
                              Business Strategy Update       • Putrama Wahju Setyawan*     •   Present
                           2. Anniversary Program            • Novita Widya Anggraini      •   Present
                           3. Technology Management          • Corina Leyla Karnalies      •   Present
                              Committee                      • David Pirzada               •   Present
                                                             • Ronny Venir                 •   Present
                                                             • Mucharom                    •   Present
                                                             • Toto Prasetio               •   Present
                                                             • I Made Sukajaya*            •   Present
                                                             • Hussein Paolo               •   Present
                                                               Kartadjoemena*
                                                             • Agung Prabowo*              • Present
                                                             • Munadi Herlambang*          • Present
12.   April 1, 2024        1. Human Capital Committee        • Royke Tumilaar              •   Present       BNI Meeting Room
                           2. Anniversary Program            • Putrama Wahju Setyawan*     •   Present
                           3. Progress of COP Division       • Novita Widya Anggraini      •   Present
                              Business Process Update        • Corina Leyla Karnalies      •   Present
                           4. Business Strategy Update       • David Pirzada               •   Present
                                                             • Ronny Venir                 •   Present
                                                             • Mucharom                    •   Present
                                                             • Toto Prasetio               •   Present
                                                             • I Made Sukajaya*            •   Present
                                                             • Hussein Paolo               •   Present
                                                               Kartadjoemena*
                                                             • Agung Prabowo*              • Present
                                                             • Munadi Herlambang*          • Present




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Capital & Risk Management   Good Corporate    Social & Environmental      ESG          Financial
         Practices           Governance           Responsibility       Commitment     Statements



    No.          Date                   Meeting Agenda                 Meeting Partcipants             Attendance         Notes
   13.     April 22, 2024        1. Crisis Management              • Royke Tumilaar                •   Present      BNI Meeting Room
                                    Protocol for Liquidity Risk    • Putrama Wahju Setyawan*       •   Present
                                 2. Financial Performance          • Novita Widya Anggraini        •   Present
                                    Update                         • Corina Leyla Karnalies        •   Present
                                                                   • David Pirzada                 •   Present
                                                                   • Ronny Venir                   •   Present
                                                                   • Mucharom                      •   On Duty
                                                                   • Toto Prasetio                 •   Present
                                                                   • I Made Sukajaya*              •   Present
                                                                   • Hussein Paolo                 •   Present
                                                                     Kartadjoemena*
                                                                   • Agung Prabowo*                • Present
                                                                   • Munadi Herlambang*            • Present
   14.    April 29, 2024         1. General Agenda, including      • Royke Tumilaar                •   Present      BNI Meeting Room
                                    Business Strategy Update       • Putrama Wahju Setyawan*       •   Present
                                 2. Technology Management          • Novita Widya Anggraini        •   Present
                                    Committee                      • Corina Leyla Karnalies        •   Present
                                 3. Lebaran 2024 Support           • David Pirzada                 •   Present
                                    and Monitoring Operation       • Ronny Venir                   •   On Duty
                                    Security Report                • Mucharom                      •   Present
                                                                   • Toto Prasetio                 •   Present
                                                                   • I Made Sukajaya*              •   Present
                                                                   • Hussein Paolo                 •   Present
                                                                     Kartadjoemena*
                                                                   • Agung Prabowo*                • Present
                                                                   • Munadi Herlambang*            • Present
   15.    May 6, 2024            1. General Agenda, including:     • Royke Tumilaar                •   Present      BNI Meeting Room
                                    1) Update Rapat Direksi        • Putrama Wahju Setyawan*       •   Present
                                    2) Business Strategy           • Novita Widya Anggraini        •   Present
                                       Update                      • Corina Leyla Karnalies        •   Present
                                 2. Implementation of the PDP      • David Pirzada                 •   Present
                                    Law                            • Ronny Venir                   •   Present
                                                                   • Mucharom                      •   Present
                                                                   • Toto Prasetio                 •   Present
                                                                   • I Made Sukajaya*              •   Present
                                                                   • Hussein Paolo                 •   Present
                                                                     Kartadjoemena*
                                                                   • Agung Prabowo*                • Present
                                                                   • Munadi Herlambang*            • Present
   16.    May 20, 2024           1. General Agenda, including:     • Royke Tumilaar                •   Present      BNI Meeting Room
                                    1) BNI Java Jazz Festival      • Putrama Wahju Setyawan*       •   Present
                                       2024 Update                 • Novita Widya Anggraini        •   Present
                                    2) Launching wondr             • Corina Leyla Karnalies        •   Present
                                       Update                      • David Pirzada                 •   Present
                                 2. Human Capital Committee        • Ronny Venir                   •   Present
                                                                   • Mucharom                      •   Present
                                                                   • Toto Prasetio                 •   Present
                                                                   • I Made Sukajaya*              •   Present
                                                                   • Hussein Paolo                 •   Present
                                                                     Kartadjoemena*
                                                                   • Agung Prabowo*                • Present
                                                                   • Munadi Herlambang*            • On Duty
   17.    May 28, 2024           1. General Agenda, including:     • Royke Tumilaar                •   Present      BNI Meeting Room
                                    Business Strategy Update       • Putrama Wahju Setyawan*       •   Present
                                 2. ALCO Committee                 • Novita Widya Anggraini        •   Present
                                 3. Procurement Agenda:            • Corina Leyla Karnalies        •   Present
                                    1) Proposed Procurement        • David Pirzada                 •   On Duty
                                       Authority                   • Ronny Venir                   •   Present
                                     2)Proposed Procurement        • Mucharom                      •   Present
                                       System Development          • Toto Prasetio                 •   Present
                                 4. Human Capital Committee        • I Made Sukajaya*              •   Present
                                 5. Realization and Pipeline       • Hussein Paolo                 •   Present
                                    Credit Committee                 Kartadjoemena*
                                 6. Operations System              • Agung Prabowo*                • Present
                                    Development                    • Munadi Herlambang*            • Present




                                                                                                            2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                   735
Page 135
                                     Performa      Management      Company       Management Discussion and       Business Support
                                       2024          Report         Profile    Analysis on Company Performance      Functions



No.         Date                  Meeting Agenda                Meeting Partcipants           Attendance         Notes
18.   June 3, 2024         1. BoD Compliance Training,     • Royke Tumilaar               •   Present       BNI Meeting Room
                              AML, and OFAC                • Putrama Wahju Setyawan*      •   Present
                           2. Discussion of Business       • Novita Widya Anggraini       •   Present
                              Continuity Management        • Corina Leyla Karnalies       •   Present
                              Framework                    • David Pirzada                •   Present
                           3. General Agenda,              • Ronny Venir                  •   Present
                              including:                   • Mucharom                     •   Present
                              1) Impact of Tapera on BNI   • Toto Prasetio                •   Present
                              2) Project Update            • I Made Sukajaya*             •   Present
                              3) Business Strategy         • Hussein Paolo                •   Present
                                 Update                      Kartadjoemena*
                           4. Procurement Update:          • Agung Prabowo*               • Present
                              1) Building Design           • Munadi Herlambang*           • Present
                                 Presentation
                              2) Outlet Design
                                 Presentation
                              3) Division/Unit Mapping
19.   June 10, 2024        1. Human Capital Committee      • Royke Tumilaar               •   On Duty       BNI Meeting Room
                           2. Corporate Banking and        • Putrama Wahju Setyawan*      •   Present
                              International Proposal       • Novita Widya Anggraini       •   Present
                           3. Subsidiary Committee         • Corina Leyla Karnalies       •   Present
                                                           • David Pirzada                •   Present
                                                           • Ronny Venir                  •   Present
                                                           • Mucharom                     •   Present
                                                           • Toto Prasetio                •   Present
                                                           • I Made Sukajaya*             •   Present
                                                           • Hussein Paolo                •   Present
                                                             Kartadjoemena*
                                                           • Agung Prabowo*               • Present
                                                           • Munadi Herlambang*           • On Duty
20.   June 14, 2024        1. Revision of RBB 2024         • Royke Tumilaar               •   Present       BNI Meeting Room
                           2. Branch Office Mapping        • Putrama Wahju Setyawan*      •   Present
                           3. Bank Credit Policy           • Novita Widya Anggraini       •   Present
                              Committee                    • Corina Leyla Karnalies       •   Present
                                                           • David Pirzada                •   Present
                                                           • Ronny Venir                  •   Present
                                                           • Mucharom                     •   Present
                                                           • Toto Prasetio                •   On Duty
                                                           • I Made Sukajaya*             •   Present
                                                           • Hussein Paolo                •   Present
                                                             Kartadjoemena*
                                                           • Agung Prabowo*               • Present
                                                           • Munadi Herlambang*           • On Duty
21.   June 24, 2024        1. General Agenda, including    • Royke Tumilaar               •   Present       BNI Meeting Room
                              Financial Performance        • Putrama Wahju Setyawan*      •   Present
                              Update                       • Novita Widya Anggraini       •   Present
                           2. Updates & Decisions          • Corina Leyla Karnalies       •   Present
                              on the BNI Corporate         • David Pirzada                •   Present
                              Transformation Program       • Ronny Venir                  •   Present
                           3. Determination of the Top     • Mucharom                     •   Present
                              50 BNI Best Employees        • Toto Prasetio                •   Present
                           4. Digital Maturity             • I Made Sukajaya*             •   Present
                              Assessment for Banks         • Hussein Paolo                •   Present
                           5. General Agenda, including      Kartadjoemena*
                              Project updates              • Agung Prabowo*               • Present
                                                           • Munadi Herlambang*           • Present




736    Transforming the Future, Empowering Indonesia
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Capital & Risk Management   Good Corporate   Social & Environmental      ESG          Financial
         Practices           Governance          Responsibility       Commitment     Statements



    No.          Date                   Meeting Agenda                Meeting Partcipants             Attendance         Notes
   22.    July 1, 2024           1. Human Capital Committee       • Royke Tumilaar                •   Present      BNI Meeting Room
                                 2. Request for Project           • Putrama Wahju Setyawan*       •   Present
                                    Principle Permit Approval     • Novita Widya Anggraini        •   Present
                                 3. ALCO Committee                • Corina Leyla Karnalies        •   Present
                                 4. General Agenda                • David Pirzada                 •   Present
                                                                  • Ronny Venir                   •   On Duty
                                                                  • Mucharom                      •   Present
                                                                  • Toto Prasetio                 •   Present
                                                                  • I Made Sukajaya*              •   Present
                                                                  • Hussein Paolo                 •   Present
                                                                    Kartadjoemena*
                                                                  • Agung Prabowo*                • Present
                                                                  • Munadi Herlambang*            • Present
   23.    July 9, 2024           1. General Agenda:               • Royke Tumilaar                •   Present      BNI Meeting Room
                                    1) Update on Wonder           • Putrama Wahju Setyawan*       •   Present
                                       Performance                • Novita Widya Anggraini        •   Present
                                    2) Update on NTB              • Corina Leyla Karnalies        •   Present
                                       Realization                • David Pirzada                 •   Present
                                 2. Financial Performance         • Ronny Venir                   •   Present
                                    Update                        • Mucharom                      •   Present
                                 3. Update on the Board of        • Toto Prasetio                 •   Present
                                    Directors and Board of        • I Made Sukajaya*              •   Present
                                    Commissioners Meeting         • Hussein Paolo                 •   Present
                                    Plan                            Kartadjoemena*
                                                                  • Agung Prabowo*                • Present
                                                                  • Munadi Herlambang*            • Present
   24.    July 15, 2024          1. Human Capital Committee       • Royke Tumilaar                •   Present      BNI Meeting Room
                                 2. General Agenda,               • Putrama Wahju Setyawan*       •   Present
                                    including update wodnr        • Novita Widya Anggraini        •   Present
                                    Performance                   • Corina Leyla Karnalies        •   On Leave
                                                                  • David Pirzada                 •   Present
                                                                  • Ronny Venir                   •   Present
                                                                  • Mucharom                      •   Present
                                                                  • Toto Prasetio                 •   Present
                                                                  • I Made Sukajaya*              •   Present
                                                                  • Hussein Paolo                 •   Present
                                                                    Kartadjoemena*
                                                                  • Agung Prabowo*                • Present
                                                                  • Munadi Herlambang*            • On Duty
   25.    July 22, 2024          1. Strategic Discussion of       • Royke Tumilaar                •   Present      BNI Meeting Room
                                    the Board of Directors and    • Putrama Wahju Setyawan*       •   Present
                                    Board of Commissioners        • Novita Widya Anggraini        •   Present
                                                                  • Corina Leyla Karnalies        •   Present
                                                                  • David Pirzada                 •   Present
                                                                  • Ronny Venir                   •   Present
                                                                  • Mucharom                      •   Present
                                                                  • Toto Prasetio                 •   Present
                                                                  • I Made Sukajaya*              •   Present
                                                                  • Hussein Paolo                 •   Present
                                                                    Kartadjoemena*
                                                                  • Agung Prabowo*                • Present
                                                                  • Munadi Herlambang*            • Present
   26.    July 29, 2024          1. Corporate Action Plan         • Royke Tumilaar                •   Present      BNI Meeting Room
                                    Approval                      • Putrama Wahju Setyawan*       •   Present
                                 2. ALCO Committee                • Novita Widya Anggraini        •   Present
                                 3. Procurement Committee         • Corina Leyla Karnalies        •   Present
                                                                  • David Pirzada                 •   Present
                                                                  • Ronny Venir                   •   Present
                                                                  • Mucharom                      •   Present
                                                                  • Toto Prasetio                 •   Present
                                                                  • I Made Sukajaya*              •   Present
                                                                  • Hussein Paolo                 •   Present
                                                                    Kartadjoemena*
                                                                  • Agung Prabowo*                • Present
                                                                  • Munadi Herlambang*            • Present




                                                                                                           2024 Annual Report
                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                  737
Page 137
                                     Performa      Management      Company       Management Discussion and       Business Support
                                       2024          Report         Profile    Analysis on Company Performance      Functions



No.         Date                  Meeting Agenda                Meeting Partcipants           Attendance         Notes
27.   August 7, 2024       1. Follow-up to the Corporate   • Royke Tumilaar               •   Present       BNI Meeting Room
                              Action Approval Board of     • Putrama Wahju Setyawan*      •   Present
                              Directors Meeting            • Novita Widya Anggraini       •   Present
                           2. IKN Area Plan                • Corina Leyla Karnalies       •   On Duty
                                                           • David Pirzada                •   Present
                                                           • Ronny Venir                  •   Present
                                                           • Mucharom                     •   Present
                                                           • Toto Prasetio                •   Present
                                                           • I Made Sukajaya*             •   Present
                                                           • Hussein Paolo                •   Present
                                                             Kartadjoemena*
                                                           • Agung Prabowo*               • On Duty
                                                           • Munadi Herlambang*           • Present
28    August 12, 2024      1. General Agenda               • Royke Tumilaar               •   Present       BNI Meeting Room
                           2. Subsidiary Update            • Putrama Wahju Setyawan*      •   Present
                           3. Performance Update           • Novita Widya Anggraini       •   Present
                                                           • Corina Leyla Karnalies       •   Present
                                                           • David Pirzada                •   Present
                                                           • Ronny Venir                  •   Present
                                                           • Mucharom                     •   Present
                                                           • Toto Prasetio                •   Present
                                                           • I Made Sukajaya*             •   Present
                                                           • Hussein Paolo                •   Present
                                                             Kartadjoemena*
                                                           • Agung Prabowo*               • Present
                                                           • Munadi Herlambang*           • Present
29    August 19, 2024      1. General Agenda, including    • Royke Tumilaar               •   Present       BNI Meeting Room
                              Follow-up Sharing Session    • Putrama Wahju Setyawan*      •   Permission
                           2. Technology Management        • Novita Widya Anggraini       •   Present
                              Committee                    • Corina Leyla Karnalies       •   Present
                           3. ESG Sub Committee            • David Pirzada                •   Present
                                                           • Ronny Venir                  •   Present
                                                           • Mucharom                     •   Present
                                                           • Toto Prasetio                •   Present
                                                           • I Made Sukajaya*             •   Present
                                                           • Hussein Paolo                •   Present
                                                             Kartadjoemena*
                                                           • Agung Prabowo*               • Present
                                                           • Munadi Herlambang*           • Present
30    September 17,        1. Procurement Committee        • Royke Tumilaar               •   Present       BNI Meeting Room
      2024                 2. Update on POJK 13            • Putrama Wahju Setyawan       •   Present
                              of 2024 concerning           • Novita Widya Anggraini       •   Present
                              Transparency of Basic        • Corina Leyla Karnalies       •   On Duty
                              Credit Interest Rates for    • David Pirzada                •   Present
                              Conventional Commercial      • Ronny Venir                  •   Present
                              Banks                        • Mucharom                     •   On Duty
                           3. Financial Performance        • Toto Prasetio                •   Present
                              Update                       • I Made Sukajaya              •   On Duty
                                                           • Hussein Paolo                •   On Duty
                                                             Kartadjoemena
                                                           • Agung Prabowo*               • Present
                                                           • Munadi Herlambang*           • On Duty
31    September 23,        1. Project Update               • Royke Tumilaar               •   Present       BNI Meeting Room
      2024                 2. Wondr Update                 • Putrama Wahju Setyawan       •   Present
                                                           • Novita Widya Anggraini       •   Present
                                                           • Corina Leyla Karnalies       •   Present
                                                           • David Pirzada                •   Present
                                                           • Ronny Venir                  •   Present
                                                           • Mucharom                     •   Present
                                                           • Toto Prasetio                •   Present
                                                           • I Made Sukajaya              •   Present
                                                           • Hussein Paolo                •   Present
                                                             Kartadjoemena
                                                           • Agung Prabowo*               • Present
                                                           • Munadi Herlambang*           • Present




738    Transforming the Future, Empowering Indonesia
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Capital & Risk Management   Good Corporate   Social & Environmental      ESG          Financial
         Practices           Governance          Responsibility       Commitment     Statements



    No.          Date                   Meeting Agenda                Meeting Partcipants             Attendance         Notes
   32     September 30,          1. Kick Off Meeting Audit        • Royke Tumilaar                •   Present      BNI Meeting Room
          2024                      2024                          • Putrama Wahju Setyawan        •   Present
                                 2. Procurement Committee         • Novita Widya Anggraini        •   Present
                                                                  • Corina Leyla Karnalies        •   Present
                                                                  • David Pirzada                 •   Present
                                                                  • Ronny Venir                   •   On Duty
                                                                  • Mucharom                      •   Present
                                                                  • Toto Prasetio                 •   Present
                                                                  • I Made Sukajaya               •   Present
                                                                  • Hussein Paolo                 •   Present
                                                                    Kartadjoemena
                                                                  • Agung Prabowo*                • Permission
                                                                  • Munadi Herlambang*            • Present
   33     October 7, 2024        1. Update on PDP Law             • Royke Tumilaar                •   Present      BNI Meeting Room
                                    related to Customer           • Putrama Wahju Setyawan        •   Present
                                    Approval                      • Novita Widya Anggraini        •   Present
                                 2. Financial Performance         • Corina Leyla Karnalies        •   Present
                                 3. ALCO Committee                • David Pirzada                 •   On Duty
                                 4. CRM Development Plan          • Ronny Venir                   •   Present
                                 5. Update on BNIdirect           • Mucharom                      •   Present
                                    Launching at BNI IDS 2024     • Toto Prasetio                 •   Present
                                    Event                         • I Made Sukajaya               •   Present
                                                                  • Hussein Paolo                 •   Present
                                                                    Kartadjoemena
                                                                  • Agung Prabowo*                • Present
                                                                  • Munadi Herlambang*            • On Duty
   34      October 14, 2024      1. Update on PDP Law             • Royke Tumilaar                •   Present      BNI Meeting Room
                                    Progress                      • Putrama Wahju Setyawan        •   Present
                                 2. Kick Off HC Roadmap           • Novita Widya Anggraini        •   Present
                                                                  • Corina Leyla Karnalies        •   Present
                                                                  • David Pirzada                 •   Present
                                                                  • Ronny Venir                   •   Present
                                                                  • Mucharom                      •   Present
                                                                  • Toto Prasetio                 •   On Duty
                                                                  • I Made Sukajaya               •   Present
                                                                  • Hussein Paolo                 •   Present
                                                                    Kartadjoemena
                                                                  • Agung Prabowo                 • Present
                                                                  • Munadi Herlambang*            • Present
   35      October 15, 2024      1. Review of Decision-           • Royke Tumilaar                •   Present      BNI Meeting Room
                                    Making Authority              • Putrama Wahju Setyawan        •   Present
                                 2. Evaluation of Outlet and      • Novita Widya Anggraini        •   Present
                                    ATM/CRM Productivity          • Corina Leyla Karnalies        •   Present
                                 3. Update on Annual Report       • David Pirzada                 •   Present
                                    and Sustainability Report     • Ronny Venir                   •   Present
                                 4. Update on wondr               • Mucharom                      •   Present
                                                                  • Toto Prasetio                 •   On Duty
                                                                  • I Made Sukajaya               •   Present
                                                                  • Hussein Paolo                 •   Present
                                                                    Kartadjoemena
                                                                  • Agung Prabowo                 • Present
                                                                  • Munadi Herlambang*            • Present
   36     October 21, 2024       1. PDP Law Implementation        • Royke Tumilaar                •   Present      BNI Meeting Room
                                    Update                        • Putrama Wahju Setyawan        •   Present
                                 2. Savings Growth Strategy       • Novita Widya Anggraini        •   Present
                                    Update                        • Corina Leyla Karnalies        •   Present
                                 3. BINNOVA 2024 Update           • David Pirzada                 •   Present
                                 4. Human Capital Committee       • Ronny Venir                   •   Present
                                                                  • Mucharom                      •   Present
                                                                  • Toto Prasetio                 •   On Duty
                                                                  • I Made Sukajaya               •   Present
                                                                  • Hussein Paolo                 •   Present
                                                                    Kartadjoemena
                                                                  • Agung Prabowo                 • On Duty
                                                                  • Munadi Herlambang*            • Present




                                                                                                           2024 Annual Report
                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                  739
Page 139
                                     Performa      Management      Company       Management Discussion and       Business Support
                                       2024          Report         Profile    Analysis on Company Performance      Functions



No.         Date                  Meeting Agenda                Meeting Partcipants           Attendance         Notes
37    October 28, 2024     1. General Agenda               • Royke Tumilaar               •   Present       BNI Meeting Room
                           2. Human Capital Committee      • Putrama Wahju Setyawan       •   Present
                              Briefing                     • Novita Widya Anggraini       •   Present
                           3. PDP Law Implementation       • Corina Leyla Karnalies       •   Present
                              Update                       • David Pirzada                •   Present
                           4. BNIdirect and Trade &        • Ronny Venir                  •   Present
                              Current Account Growth       • Mucharom                     •   Present
                              Strategy Update              • Toto Prasetio                •   Present
                           5. Branch Transformation        • I Made Sukajaya              •   Present
                              Update                       • Hussein Paolo                •   Present
                                                             Kartadjoemena
                                                           • Agung Prabowo                • Present
                                                           • Munadi Herlambang*           • Present
38    November 4,          1. Approval of RKAP 2025,       • Royke Tumilaar               •   Present       BNI Meeting Room
      2024                    RBB 2025 - 2027 & RKAB       • Putrama Wahju Setyawan       •   Present
                              2025 and RJPP 2025-2029,     • Novita Widya Anggraini       •   Present
                              Collegial KPI 2025.          • Corina Leyla Karnalies       •   Present
                           2. Update of Recovery Plan      • David Pirzada                •   Present
                              2024/2025 Document           • Ronny Venir                  •   Present
                           3. Technology Management        • Mucharom                     •   Present
                              Committee                    • Toto Prasetio                •   Present
                           4. BNI Culturefest 2024         • I Made Sukajaya              •   Present
                              Update                       • Hussein Paolo                •   Present
                                                             Kartadjoemena
                                                           • Agung Prabowo                • Present
                                                           • Munadi Herlambang*           • Present
39    November 11,         1. General Agenda, including    • Royke Tumilaar               •   Present       BNI Meeting Room
      2024                    Financial Performance        • Putrama Wahju Setyawan       •   Present
                              Update October 2024          • Novita Widya Anggraini       •   Present
                           2. Savings Growth Strategy      • Corina Leyla Karnalies       •   Present
                              Update                       • David Pirzada                •   On Duty
                           3. ALCO Program for Third       • Ronny Venir                  •   Present
                              Party Funds and Foreign      • Mucharom                     •   Present
                              Exchange FNK                 • Toto Prasetio                •   Present
                           4. Komodo Project Update        • I Made Sukajaya              •   Present
                                                           • Hussein Paolo                •   Present
                                                             Kartadjoemena
                                                           • Agung Prabowo                • Present
                                                           • Munadi Herlambang*           • Present
40    November 18,         1. Subsidiary Committee         • Royke Tumilaar               •   Present       BNI Meeting Room
      2024                 2. wondr Update                 • Putrama Wahju Setyawan       •   Present
                                                           • Novita Widya Anggraini       •   Present
                                                           • Corina Leyla Karnalies       •   Present
                                                           • David Pirzada                •   Present
                                                           • Ronny Venir                  •   Present
                                                           • Mucharom                     •   Present
                                                           • Toto Prasetio                •   Present
                                                           • I Made Sukajaya              •   Present
                                                           • Hussein Paolo                •   Present
                                                             Kartadjoemena
                                                           • Agung Prabowo                • Present
                                                           • Munadi Herlambang*           • Present
41    November 25,         1. General Agenda               • Royke Tumilaar               •   Present       BNI Meeting Room
      2024                 2. Financial Performance        • Putrama Wahju Setyawan       •   Present
                              Update                       • Novita Widya Anggraini       •   Present
                                                           • Corina Leyla Karnalies       •   Present
                                                           • David Pirzada                •   Present
                                                           • Ronny Venir                  •   Present
                                                           • Mucharom                     •   Present
                                                           • Toto Prasetio                •   Permission
                                                           • I Made Sukajaya              •   Present
                                                           • Hussein Paolo                •   Present
                                                             Kartadjoemena
                                                           • Agung Prabowo                • Present
                                                           • Munadi Herlambang*           • Present




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         Practices             Governance          Responsibility       Commitment     Statements



    No.          Date                     Meeting Agenda                Meeting Partcipants             Attendance         Notes
   42     December 2, 2024         1. Human Capital Committee       • Royke Tumilaar                •   Present      BNI Meeting Room
                                   2. Technology Management         • Putrama Wahju Setyawan        •   Present
                                      Committee                     • Novita Widya Anggraini        •   Present
                                                                    • Corina Leyla Karnalies        •   Present
                                                                    • David Pirzada                 •   Present
                                                                    • Ronny Venir                   •   Present
                                                                    • Mucharom                      •   Present
                                                                    • Toto Prasetio                 •   Present
                                                                    • I Made Sukajaya               •   Present
                                                                    • Hussein Paolo                 •   Present
                                                                      Kartadjoemena
                                                                    • Agung Prabowo                 • Present
                                                                    • Munadi Herlambang*            • Present
   43     December 6, 2024         1. Savings Balance Update        • Royke Tumilaar                •   Present      BNI Meeting Room
                                                                    • Putrama Wahju Setyawan        •   Present
                                                                    • Novita Widya Anggraini        •   Present
                                                                    • Corina Leyla Karnalies        •   Present
                                                                    • David Pirzada                 •   Present
                                                                    • Ronny Venir                   •   Present
                                                                    • Mucharom                      •   Present
                                                                    • Toto Prasetio                 •   Present
                                                                    • I Made Sukajaya               •   Present
                                                                    • Hussein Paolo                 •   Present
                                                                      Kartadjoemena
                                                                    • Agung Prabowo                 • Present
                                                                    • Munadi Herlambang*            • Present
   44     December 9,              1. Proposed Policy of            • Royke Tumilaar                •   Permission   BNI Meeting Room
          2024                        Government Regulation         • Putrama Wahju Setyawan        •   Present
                                      No. 47 of 2024                • Novita Widya Anggraini        •   On Duty
                                   2. Discussion of PP on Bank      • Corina Leyla Karnalies        •   Present
                                      Financial Reporting           • David Pirzada                 •   Present
                                   3. ESG Update                    • Ronny Venir                   •   Present
                                                                    • Mucharom                      •   Present
                                                                    • Toto Prasetio                 •   Present
                                                                    • I Made Sukajaya               •   Present
                                                                    • Hussein Paolo                 •   On Duty
                                                                      Kartadjoemena
                                                                    • Agung Prabowo                 • Present
                                                                    • Munadi Herlambang*            • Present
   45     December 19,             1. Financial Performance         • Royke Tumilaar                •   Present      BNI Meeting Room
          2024                        Update                        • Putrama Wahju Setyawan        •   On Leave
                                                                    • Novita Widya Anggraini        •   Present
                                                                    • Corina Leyla Karnalies        •   On Duty
                                                                    • David Pirzada                 •   On Leave
                                                                    • Ronny Venir                   •   On Leave
                                                                    • Mucharom                      •   Present
                                                                    • Toto Prasetio                 •   Present
                                                                    • I Made Sukajaya               •   Present
                                                                    • Hussein Paolo                 •   Present
                                                                      Kartadjoemena
                                                                    • Agung Prabowo                 • Present
                                                                    • Munadi Herlambang*            • Present
   46     December 23,             1. Asset Revaluation Result      • Royke Tumilaar                •   Present      BNI Meeting Room
          2024                        2024                          • Putrama Wahju Setyawan        •   On Leave
                                   2. Customer Fund Update          • Novita Widya Anggraini        •   Present
                                   3. Online Gambling Handling      • Corina Leyla Karnalies        •   Present
                                      Update                        • David Pirzada                 •   Present
                                                                    • Ronny Venir                   •   Present
                                                                    • Mucharom                      •   Present
                                                                    • Toto Prasetio                 •   Present
                                                                    • I Made Sukajaya               •   Present
                                                                    • Hussein Paolo                 •   Present
                                                                      Kartadjoemena
                                                                    • Agung Prabowo                 • Present
                                                                    • Munadi Herlambang*            • Present
   * Has not been effective




                                                                                                             2024 Annual Report
                                                                                           PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                    741
Page 141
                                      Performa      Management        Company        Management Discussion and       Business Support
                                        2024          Report           Profile     Analysis on Company Performance      Functions



Meetings Scheduled in 2025 [ACGS D.3.1]
The plan for Board of Directors Meetings, which are scheduled to be held 12 (twelve) times in 2025, is as
follows:
 No.              Month                                                          Agenda
1.     January                        •   Financial Performance Update
                                      •   Sales Tools & Monitoring Update
                                      •   Business and Operational Evaluation
                                      •   Evaluation of ESG Implementation
                                      •   Annual GMS Plan for Fiscal Year 2024
                                      •   Proposed Cash Dividend Performance for Fiscal Year 2024
                                      •   BNI Project Update
                                      •   Liquidity Update
                                      •   Financial Statements Update
2.     February                       •   Corporate Plan and RBB
                                      •   Business Continuity Management
                                      •   Investor Relations & BBNI Shares
                                      •   MSME Business Review & Strategy
3.     March                          •   IT Architecture and Digitalization
                                      •   Banking Operations
                                      •   Human Resources Evaluation & Strategy
                                      •   Corporate Banking Business Review & Strategy
4.     April                          •   Risk Management
                                      •   Internal Control
                                      •   Consumer Business Review & Strategy
                                      •   Evaluation of Editing Policies, Funds and Services
                                      •   Evaluation of ESG Implementation
5.     May                            •   Capital Participation
                                      •   Evaluation of Subsidiary Company Performance
                                      •   Integrated Risk Management & Governance
                                      •   Evaluation & Remedial Recovery Strategy
6.     June                           •   Government, Risk, and Compliance
                                      •   Review of Anti-Gratification & Anti-Bribery Policies
                                      •   Evaluation of Office Networks & Digitalization of Services
                                      •   Banking Ratios
                                      •   Review of RBB Realization
7.     July                           •   Performance and Financial Evaluation
                                      •   Performance and International Business Reviews
                                      •   Treasury Business Review
                                      •   Transformation
                                      •   Big Data Evaluation and Strategy
                                      •   Evaluation of ESG Implementation
8.     August                         •   Bank Capital
                                      •   Assets & Liabilities
                                      •   Review of Company Organizational Effectiveness
                                      •   Review & Business Strategy for Institutional & Transactional Relations
9.     September                      • Bank Income Evaluation and Strategy
                                      • Performance and Financial Evaluation
                                      • Digitalization and Anti-Cyber ​​Crime Strategy
10.    October                        • Human Resource Management Strategy
                                      • Banking Ratios
                                      • Evaluation of Bank Products & Services
11.    November                       • Bank Asset Management
                                      • Business Innovation
                                      • Evaluation of Bank Products & Services
12.    December                       •   Performance and Financial Evaluation
                                      •   Target Achievement Evaluation
                                      •   Strategy & Transformation Evaluation
                                      •   BNI Share Performance Evaluation
                                      •   ESG Implementation Evaluation




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         Practices           Governance            Responsibility       Commitment   Statements



  Joint Board of Directors Meeting with the Board of Commissioners
  In 2024, the Board of Directors held a meeting with the Board of Commissioners with a description of the
  agenda, date, and participation, as follows:
    No.          Date                        Meeting Agenda                 Meeting Participants         Attendance          Notes
     1.   January 18, 2024      Board of Directors Meeting with         1. Royke Tumilaar              1. Present           Hybrid
                                the Board of Commissioners              2. Putrama Wahju Setyawan      2. Present
                                1. Closing Meeting Audit of fiscal      3. Novita Widya Anggraini      3. Present
                                   year 2023                            4. Corina Leyla Karnalies      4. Present
                                2. BNI Health Level as of December      5. David Pirzada               5. Present
                                   31, 2023                             6. Ronny Venir                 6. Present
                                                                        7. Mucharom                    7. Present
                                                                        8. Toto Prasetio               8. Present
                                                                        9. Silvano Winston Rumantir    9. Present
                                                                        10.Muhammad Iqbal              10. Present
                                                                        11.Adi Sulistyowati            11. Present
                                                                        12.Sis Apik Wijayanto          12. Present
    2.    January 25, 2024      Board of Directors Meeting with         1. Royke Tumilaar              1. Present           Hybrid
                                the Board of Commissioners              2. Putrama Wahju Setyawan      2. Present
                                BNI Financial Performance as of         3. Novita Widya Anggraini      3. Present
                                December 31, 2023                       4. Corina Leyla Karnalies      4. Present
                                                                        5. David Pirzada               5. Present
                                                                        6. Ronny Venir                 6. Present
                                                                        7. Mucharom                    7. Present
                                                                        8. Toto Prasetio               8. Present
                                                                        9. Silvano Winston Rumantir    9. On Duty
                                                                        10.Muhammad Iqbal              10. Present
                                                                        11.Adi Sulistyowati            11. On Duty
                                                                        12.Sis Apik Wijayanto          12. Present
    3.    April 25, 2024        Board of Directors Meeting with         1. Royke Tumilaar              1. Present           Hybrid
                                the Board of Commissioners              2. Putrama Wahju Setyawan      2. Present
                                1. BNI Financial Performance as of      3. Novita Widya Anggraini      3. Present
                                   March 31, 2024                       4. Corina Leyla Karnalies      4. Present
                                2. BNI Risk Profile position March      5. David Pirzada               5. Present
                                   31, 2024                             6. Ronny Venir                 6. Present
                                                                        7. Mucharom                    7. Present
                                                                        8. Toto Prasetio               8. Present
                                                                        9. I Made Sukajaya             9. Present
                                                                        10.Hussein Paolo               10. Present
                                                                           Kartadjoemena
                                                                        11.Agung Prabowo               11. Present
                                                                        12.Munadi Herlambang*          12. Present
    4.    June 20, 2024         Board of Directors Meeting with         1. Royke Tumilaar              1. Present           Hybrid
                                the Board of Commissioners              2. Putrama Wahju Setyawan      2. Present
                                RBB BNI Revision 2024-2026              3. Novita Widya Anggraini      3. Present
                                                                        4. Corina Leyla Karnalies      4. Present
                                                                        5. David Pirzada               5. Present
                                                                        6. Ronny Venir                 6. Present
                                                                        7. Mucharom                    7. Present
                                                                        8. Toto Prasetio               8. Present
                                                                        9. I Made Sukajaya             9. Present
                                                                        10.Hussein Paolo               10. Present
                                                                           Kartadjoemena
                                                                        11.Agung Prabowo               11. On Duty
                                                                        12.Munadi Herlambang*          12. Present
    5.    July 22, 2024         Board of Directors Meeting with         1. Royke Tumilaar              1. Present           Offline
                                the Board of Commissioners              2. Putrama Wahju Setyawan      2. Present
                                Board of Directors and Board            3. Novita Widya Anggraini      3. Present
                                of Commissioners strategic              4. Corina Leyla Karnalies      4. Present
                                discussions                             5. David Pirzada               5. Present
                                                                        6. Ronny Venir                 6. Present
                                                                        7. Mucharom                    7. Present
                                                                        8. Toto Prasetio               8. Present
                                                                        9. I Made Sukajaya             9. Present
                                                                        10.Hussein Paolo               10. Present
                                                                           Kartadjoemena
                                                                        11.Agung Prabowo               11. Present
                                                                        12.Munadi Herlambang*          12. Present




                                                                                                           2024 Annual Report
                                                                                         PT Bank Negara Indonesia (Persero) Tbk
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                                         2024          Report        Profile     Analysis on Company Performance      Functions



 No.           Date                    Meeting Agenda                  Meeting Participants          Attendance        Notes
  6.    August 15, 2024     Board of Directors Meeting with        1. Royke Tumilaar               1. Present          Hybrid
                            the Board of Commissioners             2. Putrama Wahju Setyawan       2. Present
                            1. BNI Performance, Subsidiaries,      3. Novita Widya Anggraini       3. Present
                               and RBB Realization for the         4. Corina Leyla Karnalies       4. Present
                               Second Quarter/2024 Period          5. David Pirzada                5. Present
                            2. Board of Directors Collegial KPI    6. Ronny Venir                  6. Present
                               for 2024                            7. Mucharom                     7. Present
                                                                   8. Toto Prasetio                8. Present
                                                                   9. I Made Sukajaya              9. Present
                                                                   10.Hussein Paolo                10. Present
                                                                      Kartadjoemena
                                                                   11.Agung Prabowo                11. Present
                                                                   12.Munadi Herlambang*           12. Present
  7.    October17, 2024     Board of Directors Meeting with        1. Royke Tumilaar               1. On Duty          Hybrid
                            the Board of Commissioners             2. Putrama Wahju Setyawan       2. Present
                            1. BNI Performance, Subsidiaries,      3. Novita Widya Anggraini       3. On Leave
                               and RBB Realization for the Third   4. Corina Leyla Karnalies       4. Present
                               Quarter/2024                        5. David Pirzada                5. Present
                            2. BNI Risk Profile as of September    6. Ronny Venir                  6. Present
                               30, 2024                            7. Mucharom                     7. Present
                                                                   8. Toto Prasetio                8. Ex Duc
                                                                   9. I Made Sukajaya              9. Present
                                                                   10.Hussein Paolo                10. Present
                                                                      Kartadjoemena
                                                                   11.Agung Prabowo                11. Present
                                                                   12.Munadi Herlambang*           12. Present
  8.    November 14,        Board of Directors Meeting with        1. Royke Tumilaar               1. Present          Hybrid
        2024                the Board of Commissioners             2. Putrama Wahju Setyawan       2. Present
                            Approval of RBB/RKAP 2025,             3. Novita Widya Anggraini       3. Present
                            RAKB 2025, RJP/Corporate Plan          4. Corina Leyla Karnalies       4. Present
                            2025-2029, and Board of Directors      5. David Pirzada                5. On Duty
                            Collegial KPI 2025                     6. Ronny Venir                  6. Present
                                                                   7. Mucharom                     7. On Duty
                                                                   8. Toto Prasetio                8. Present
                                                                   9. I Made Sukajaya              9. Present
                                                                   10.Hussein Paolo                10. Present
                                                                      Kartadjoemena
                                                                   11.Agung Prabowo                11. Present
                                                                   12.Munadi Herlambang*           12. Present
*) Has not been effective



TRAINING AND/OR COMPETENCY IMPROVEMENT FOR THE BOARD OF DIRECTORS IN
2024

Continuous Training and/or Competency Development Policy [ACGS D.5.2]
BNI continues to strive to encourage a healthy and resilient banking business in order to achieve sustainable
business growth and bring benefits to the organization and other stakeholders. In order to be able to make
this happen, BNI is trying to build a solid business foundation by ensuring the quality of competence and
leadership at the top of management.

Annually, BNI prepares a plan for the Board of Directors' Competency Development Program by highlighting
learning topics that are adapted to the latest macroeconomic developments, dynamics of the banking
industry, and continuously evolving governance. This program generally takes the form of competency
enhancement activities or knowledge refreshment for the Board of Directors through Executive Education
activities, certification, and other activities carried out in the context of competency improvement.

As regulated in the Board of Directors' Work Guidelines and Procedures, every member of the Board of
Directors has the right and obligation to take part in the Board of Directors' Competency Development
Program, whether implemented internally by the Bank, implemented by the Bank in collaboration with other
parties (expertise), or involving the Board of Directors in competency improvement programs organized
by other parties. Through this program, the Bank expected that the daily duties and responsibilities of the
Board of Directors could be carried out better, which in turn could also encourage effective management of
the Bank.



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  Training and/or Competency Improvement in Financial Year 2024 [ACGS D.5.2]
  In order to ensure that members of the Board of Directors understand the roles and responsibilities,
  characteristics, and operations of the Bank and understand developments in regulations and standards
  relevant to the Bank's business, in 2024, all members of the BNI Board of Directors have participated in the
  following training and/or competency development activities:

  Training and/or Competency Improvement in Financial Year 2024
                Training/Workshop/
    No                                                Date                    Venue           Type of Training            Organizer
                Conference/Seminar
   Royke Tumilaar - President Director
     1    CEO Talk ITB 2024: Becoming An         February 21,           Bandung               Enterpreneurship     Institut Teknologi
          Entrepreneur                           2024                                                              Bandung (ITB)
     2    Banking Risk Management                April 22, 2024         Jakarta               Risk                 Banking Professional
          Certification Qualification 7                                                                            Certification Institute
                                                                                                                   (LSPP)
     3    Executive Course Strategic             July 24 - August       Jakarta               Leadership           Universitas Pertahanan
          Management & Leadership                6, 2024                                                           RI
     4    As a Resource Person for OJK:          21 August 2024         Jakarta               Leadership           Otorisasi Jasa
          Advanced Level Leadership                                                                                Keuangan (OJK)
          Development (The Impact of
          Global Mindset of Financial
          Industry)
     5    As Resource Person for BUMD            September 30,          Jakarta               Economic             BUMD Jakarta
          Leaders Forum                          2024
     6    Power Lunch: Money Talks               October 2, 2024        Jakarta               Economic             CNBC Indonesia
     7    Branch Management Course               October 1, 2024        Jakarta               Leadership           PT Bank Negara
                                                                                                                   Indonesia (Persero) Tbk
     8    Book Launching "Red Magician           October 14,            Jakarta               Enterpreneurship     Tribun Manado
          from the Pacific" by Mr. Olly          2024
          Dondokambey (Governor of
          North Sulawesi)
     9    Interview by Kontan                    November 28,           Jakarta               Enterpreneurship     Kontan
                                                 2024
                                             Putrama Wahju Setyawan - Deputy President Director
     1    Earnings Call dan Press                January 26,             Grha BNI Lt. 25      Workshop             PT Bank Negara
          Conference FY2023                      2024                   Jakarta                                    Indonesia (Persero) Tbk
     2    Business Meeting W.16                  February 2-3,          Sorong                Workshop             PT Bank Negara
                                                 2024                                                              Indonesia (Persero) Tbk
     3    Sharing Session Artificial             February 27,            Grha BNI Lt. 25      Workshop             PT Bank Negara
          Intelligence by Microsoft              2024                   Jakarta                                    Indonesia (Persero) Tbk
     4    BRI Microfinance Outlook 2024          March 7, 2024          Ballroom Menara       Workshop             PT Bank Negara
                                                                        BRILiaN                                    Indonesia (Persero) Tbk
     5    Leadership Forum                       March 8-10,            Hotel Tentrem,        Workshop             PT Bank Negara
                                                 2024                   Yogyakarta                                 Indonesia (Persero) Tbk
     6    Banking Risk Management                April 1, 2024           Grha BNI Lt. 30      Training             PT Bank Negara
          Training Program Qualification                                Jakarta                                    Indonesia (Persero) Tbk
          7
     7    Assessment SMR 7                       April 22, 2024          Grha BNI Lt. 29      Certification        Lembaga Sertifikasi
                                                                        Jakarta                                    Profesional Perbankan
                                                                                                                   (LSPP)
     8    Earnings Call ans Press                April 29, 2024         Gedung BNI            Workshop             PT Bank Negara
          Conference 1Q-2024                                            Mataram                                    Indonesia (Persero) Tbk
     9    Board Retreat BNI Semester I           May 8-12, 2024         London, UK            Workshop             PT Bank Negara
          Tahun 2024                                                                                               Indonesia (Persero) Tbk
    10    Pelatihan Quick Win 2.0 - Wave         June 15, 2024          Ciwidey, Bandung      Training             PT Bank Negara
          2                                                                                                        Indonesia (Persero) Tbk
    11    Executive course on strategic          July 3-16, 2024        Jakarta               Training             Universitas Pertahanan
          management and leadership                                                                                RI
          cohort #2




                                                                                                                 2024 Annual Report
                                                                                               PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                        745
Page 145
                                     Performa      Management        Company         Management Discussion and          Business Support
                                       2024          Report           Profile      Analysis on Company Performance         Functions



           Training/Workshop/
No                                              Date                 Venue            Type of Training               Organizer
           Conference/Seminar
12    University of Birmingham            July 24, 2024      Jakarta, Menara BNI Sharing Session           PT Bank Negara
      Alumni Association Networking                          Pejompongan                                   Indonesia (Persero) Tbk
      Session
13    Compliance Forum "Creating an       August 14, 2024     Grha BNI Lt. 25         Seminar              PT Bank Negara
      Anti-Corruption Culture through                        Jakarta                                       Indonesia (Persero) Tbk
      Instilling Integrity Values"
14    Reinforcement Business Team         August 16, 2024       Ciwidey, Bandung      Training             PT Bank Negara
      Leader Batch 8-12 2024                                                                               Indonesia (Persero) Tbk
15    Earnings Call and Press             August 22, 2024    Ballroom BNI             Workshop             PT Bank Negara
      Conference 2Q-2024                                     Mataram                                       Indonesia (Persero) Tbk
16    Forum Group Discussion              August 27, 2024    Jakarta, Menara BNI Workshop                  PT Bank Negara
      with Bank Mandiri, BRI                                 Pejompongan                                   Indonesia (Persero) Tbk
      and Commission XI of
      the Indonesian House of
      Representatives
17    Board Retreat                       September 4 - 8,      Sidney                Workshop             PT Bank Negara
                                          2024                                                             Indonesia (Persero) Tbk
18    Deputy Minister of State-Owned      September 13,      Jakarta, Auditorium Workshop                  Ministry of State-
      Enterprises Workshop                2024               Indraprasta, Gedung                           Owned Enterprises
                                                             Nawasena Mandiri                              (BUMN)
                                                             University
19    Investor Daily Summit 2024          October 8-9,        JCC Senayan,            Seminar              PT Bank Negara
                                          2024               Jakarta                                       Indonesia (Persero) Tbk
20    Earnings Call dan Press             October 25,        Ballroom BNI             Workshop             PT Bank Negara
      Conference 3Q-2024                  2024               Mataram                                       Indonesia (Persero) Tbk
21    Risk Management Certification       November 7,         Shangrila Hotel -       Workshop             IRPA (Indonesian
      Alignment                           2024               Jakarta                                       Risk Professional
                                                                                                           Association)
22    Hearing Meeting with                November 13,        Gedung Nusantara        Sharing Session      House of
      Commission VI of the                2024               I Lt.1                                        Representatives of the
      Indonesian House of                                                                                  Republic of Indonesia
      Representatives                                                                                      (DPR RI)
23    BNI Culture Fest 2024               November 14,       Menara BNI               Workshop             PT Bank Negara
                                          2024               Pejompongan                                   Indonesia (Persero) Tbk
24    Joint Group Discussion              December 2,        Menara BNI               Forum Group          PT Bank Negara
      Forum with Bank Mandiri,            2024               Pejompongan              Discussion           Indonesia (Persero) Tbk
      BRI, BTN and Commission XI
      of the Indonesian House of
      Representatives
                                           Novita Widya Anggraini - Finance Director
1     Ministry of State-Owned             January 19,        Bali Beach               Workshop             PT Bank Negara
      Enterprises Workshop                2024               Convention,KEK,                               Indonesia (Persero) Tbk
                                                             Sanur
2     Earning Calls & Press               January 26,        Jakarta                  Workshop             PT Bank Negara
      Conference Full Year 2023           2024                                                             Indonesia (Persero) Tbk
3     Joint Group Discussion              February 1, 2024   Ballroom Menara          FGD                  PT Bank Negara
      Forum with Commission XI                               BNI Pejompongan,                              Indonesia (Persero) Tbk
      of the Indonesian House of                             Jakarta
      Representatives
4     Business Meeting W10 Tahun          February 2, 2024   Pullman Ciawi            Resource Person      PT Bank Negara
      2024                                                   Vimala Hills                                  Indonesia (Persero) Tbk
5     INT Summit                          February 2, 2024      Hotel Borobudur       Resource Person      PT Bank Negara
                                                                                                           Indonesia (Persero) Tbk
6     Afternoon Discussion with the       February 7, 2024    Grha BNI Lt. 25         Forum Group          PT Bank Negara
      Theme "Domestic Political                              Jakarta                  Discussion           Indonesia (Persero) Tbk
      Developments Towards the 2024
      Election"
7     CFO Leadership Program              February 12-16,    Harvard Business         Training             McKinsey
      (executif program by McKinsey)      2024               School
8     Sharing Session Artificial          February 27,        Grha BNI Lt. 25         Sharing Session      PT Bank Negara
      Intelligence by Microsoft           2024               Jakarta                                       Indonesia (Persero) Tbk




746    Transforming the Future, Empowering Indonesia
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         Practices           Governance          Responsibility           Commitment       Statements



                Training/Workshop/
    No                                              Date                    Venue             Type of Training            Organizer
                Conference/Seminar
     9    Leadership Forum                    March 9, 2024           Hotel Tentrem,          Workshop             PT Bank Negara
                                                                      Yogyakarta                                   Indonesia (Persero) Tbk
    10    Program Money Talks Power           April 2, 2024           Studio CNBC             Resource Person      CNBC Indonesia
          Lunch CNBC
    11    Banking Risk Management              April 1, 2024           GRHA BNI Lt. 30        Training             PT Bank Negara
          Training Program Qualification                              Jakarta                                      Indonesia (Persero) Tbk
          7
    12    Assessment SMR 7                    April 22, 2024           GRHA BNI Lt. 29        Certification        Banking Professional
                                                                      Jakarta                                      Certification Institute
                                                                                                                   (LSPP)
    13    Board Retreat BNI Semester I        May 8-12, 2024          London, UK              Workshop             PT Bank Negara
          Tahun 2024                                                                                               Indonesia (Persero) Tbk
    14    Earnings Call dan Press             April 29, 2024          Gedung BNI              Workshop             PT Bank Negara
          Conference 1Q-2024                                          Mataram                                      Indonesia (Persero) Tbk
    15    CFO Forum (Climate Change            June 12, 2024          Video Conference        Resource Person      CNBC Indonesia
          Threatens Economy and                                                                                    Indonesia
          Business, These are the
          Financial Strategies of CFOs) -
          CNBC Indonesia
    16    Working Visit of the Regional       June 30, 2024           Hotel Royal             Workshop             PT Bank Negara
          Board of Commissioners 17                                   Ambarukmo                                    Indonesia (Persero) Tbk
    17    Becoming a Panelist in the          August 15, 2024         Financial Hall, Graha Resource Person        CFA Society Indonesia
          Indonesia Women in Finance                                  CIMB Niaga Lantai 2
          Conference (Empowering
          Women by Embracing
          Technology)
    18    Earnings Call dan Press             August 22, 2024         Ballroom BNI            Workshop             PT Bank Negara
          Conference 2Q-2024                                          Mataram                                      Indonesia (Persero) Tbk
    19    Compliance Forum "Realizing         August 14, 2024         Grha BNI Lantai 25      Seminar              PT Bank Negara
          Anti-Corruption Culture Through                                                                          Indonesia (Persero) Tbk
          Instilling Integrity Values"                                                                             & KPK
    20    Workshop of Deputy Minister of      September13,            Mandiri University      workshop             Kementerian Badan
          SOEs "SOE's Strategic Program       2024                    Campus                                       Usaha Milik Negara
          and Risk Management for                                     Wijayakusuma                                 (BUMN)
          Indonesia's Future"
    21    Investor Daily Summit 2024          October 8, 2024         JCC Senayan             Seminar              PT Bank Negara
                                                                                                                   Indonesia (Persero) Tbk
    22    Earnings Call and Press             October 25,             Ballroom BNI            Jakarta              PT Bank Negara
          Conference 3Q-2024                  2024                    Mataram                                      Indonesia (Persero)
    23    Nomura x Verdhana Indonesia         November 8,             St Regis Jakarta        Conference           Verdhana Indonesia
          Conference 2024                     2024
    24    CEO Netwoking 2024                  November 26,            Dian Ballroom,        Seminar                Pasar Modal Indonesia
          "Navigating Global Market           2024                    Raffles Hotel Jakarta
          Forces and Technology
          Innovation for Sustainable
          business"
    25    BoD Level 7 Alignment               November 7,             Hotel Shangrila         Seminar              Indonesian Risk
                                              2024                    Jakarta                                      Proffesional Association
                                             Corina Leyla Karnalies - Retail Banking Director
     1    Business Meeting Regional 18        January 19,             Vidcon - Jakarta        Workshop             PT Bank Negara
                                              2024                                                                 Indonesia (Persero) Tbk
     2    Workshop Wholesale Digital          January 19,             Rafless Hotel Jakarta Workshop               PT Bank Negara
          Channel                             2024                                                                 Indonesia (Persero) Tbk
     3    Earnings Call and Press             January 26,             Vidcon - Jakarta        Workshop             PT Bank Negara
          Conference Full Year 2023           2024                                                                 Indonesia (Persero) Tbk
          Performance
     4    Event Indonesia Corporated          January 27,             The Laguna Nusa         Seminar              PT Bank Negara
          Day - Collaboration Toward          2024                    Dua, Bali                                    Indonesia (Persero) Tbk
          SOEs Go Global
     5    Forum Group Discussion with         February 1, 2024        Ballroom Menara         Forum Group          PT Bank Negara
          Commission XI DPR RI                                        BNI Pejompongan,        Discussion           Indonesia (Persero) Tbk
                                                                      Jakarta

                                                                                                                 2024 Annual Report
                                                                                               PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                        747
Page 147
                                     Performa      Management      Company          Management Discussion and          Business Support
                                       2024          Report         Profile       Analysis on Company Performance         Functions



           Training/Workshop/
No                                              Date               Venue             Type of Training               Organizer
           Conference/Seminar
6     Executive Gathering Asosiasi        February 2, 2024   The Apurva              Workshop             PT Bank Negara
      Sistem Pembayaran Indonesia                            Kempinski, Bali                              Indonesia (Persero) Tbk
      Tahun 2024 - Elevating The
      National Payment System
      Through Collaborative Synergy
7     Afternoon Discussion with the       February 7,        Grha BNI Lt. 25         Forum Group          PT Bank Negara
      Theme "Domestic Political           2024               Jakarta                 Discussion           Indonesia (Persero) Tbk
      Developments Towards the 2024
      Election"
8     Business Alignment Meeting          February 21,       Nusantara Ballroom, Workshop                 PT Bank Negara
      Sektor DIT 2024                     2024               The Darmawangsa                              Indonesia (Persero) Tbk
9     Sharing Session Artificial          February 27,       Grha BNI Lt. 25         Sharing Session      PT Bank Negara
      Intelligence by Microsoft           2024               Jakarta                                      Indonesia (Persero) Tbk
10    Resource Person for Fortune         March 7, 2024      The Tribrata            Seminar              Fortune Indonesia
      Indonesia Luncheon:                                    Darmawangsa, The
      Empowering Women with AI                               Chora Room
      (Women's Strategic Role on
      Advancing AI for Inclusive
      Growth)
11    Business Meeting "Synergize         March 8, 2024      Hotel Tentrem,          Workshop             PT Bank Negara
      and Streamline: Elevating                              Yogyakarta                                   Indonesia (Persero) Tbk
      Productivity and Performance"
12    Leadership Forum                    March 9, 2024      Hotel Tentrem,          Workshop             PT Bank Negara
                                                             Yogyakarta                                   Indonesia (Persero) Tbk
13    Banking Risk Management              April 1, 2024     GRHA BNI Lt. 30         Training             PT Bank Negara
      Training Program Qualification                         Jakarta                                      Indonesia (Persero) Tbk
      7
14    Assessment SMR 7                    April 22, 2024     GRHA BNI Lt. 29         Certification        Banking Professional
                                                             Jakarta                                      Certification Institute
                                                                                                          (LSPP)
15    Speaker of Kelana Wastra Fest       April 26, 2024     Gedung Sarinah,         Seminar              Indonesian Women's
      Fashion Talkshow for Indonesia                         Jakarta                                      PIMTI Association
      2024 - Creative Financing:
      Delving into the Needs of
      Fashion MSMEs
16    Earnings Call dan Press             April 29, 2024     Gedung BNI              Workshop             PT Bank Negara
      Conference 1Q-2024                                     Mataram                                      Indonesia (Persero) Tbk
17    Workshop Internalisasi BNI          May 3, 2024        Vidcon - Jakarta        Workshop             PT Bank Negara
      Culture Transformation via                                                                          Indonesia (Persero) Tbk
      Vidcon
18    Board Retreat BNI Semester I        May 8 - 12, 2024   London, UK              Workshop             PT Bank Negara
      Tahun 2024                                                                                          Indonesia (Persero) Tbk
19    Facilitator of SESPIBANK            May 17, 2024       Ruang Kemang,           Workshop             PT Bank Negara
      Program Class of 78 2024                               Lantai 3 LPPI                                Indonesia (Persero) Tbk
                                                                                                          & Indonesian Banking
                                                                                                          Development Institute
                                                                                                          (LPPI)
20    Resource Person for Discussion      July 11, 2024      Hotel Fairmont,         Forum Group          Financial Services
      Forum - "Challenges and                                Jakarta                 Discussion           Authorization (OJK)
      Potentials of Empowering
      MSMEs in Supporting the
      Realization of the Vision of
      Golden Indonesia 2045"
21    Compliance Forum "Creating an       14 August 2024     Grha BNI Lantai 25      Seminar              PT Bank Negara
      Anti-Corruption Culture Through                                                                     Indonesia (Persero) Tbk
      Instilling Integrity Values"                                                                        & KPK
22    Earnings Call dan Press             August 22, 2024    Ballroom BNI            Workshop             PT Bank Negara
      Conference 2Q-2024                                     Mataram                                      Indonesia (Persero) Tbk
23    Joint Group Discussion              August 27, 2024    Ballroom Menara         Forum Group          PT Bank Negara
      Forum with Bank Mandiri,                               BNI Pejompongan,        Discussion           Indonesia (Persero) Tbk
      BRI, and Commission XI of                              Jakarta
      the Indonesian House of
      Representatives



748    Transforming the Future, Empowering Indonesia
Page 148
Capital & Risk Management   Good Corporate   Social & Environmental          ESG           Financial
         Practices           Governance          Responsibility           Commitment      Statements



                Training/Workshop/
    No                                              Date                    Venue            Type of Training            Organizer
                Conference/Seminar
    24    Board Retreat BNI                   September 5-8,          Sydney, Australia      Workshop             PT Bank Negara
                                              2024                                                                Indonesia (Persero) Tbk
    25    Sharing Session Global Banking      September 10,           Grha BNI Lantai 33     Sharing Session      PT Bank Negara
          Trends                              2024                                                                Indonesia (Persero) Tbk
    26    Securities Company Ecosystem        September 18,           Grha BNI Lantai 25     Forum Group          PT Bank Negara
          Discussion Group Forum              2024                                           Discussion           Indonesia (Persero) Tbk
    27    Speaker BNI Investor Daily          October 9, 2024         JCC, Jakarta           Seminar              PT Bank Negara
          Summit 2024 - Personal Finance                                                                          Indonesia (Persero) Tbk
          & Investment                                                                                            & B-Universe
    28    Workshop Business Plan 2025         October 18,             Harper by Aston,       Workshop             PT Bank Negara
          Division CRD                        2024                    Jogjakarta                                  Indonesia (Persero) Tbk
    29    Earnings Call dan Press             October 25,             Ballroom BNI           Workshop             PT Bank Negara
          Conference 3Q-2024                  2024                    Mataram                                     Indonesia (Persero) Tbk
    30    Risk Management Certification       November 7,             Hotel Shangrila,       Workshop             IRPA (Indonesian
          Alignment                           2024                    Jakarta                                     Risk Professional
                                                                                                                  Association)
    31    Workshop All GM Sektor REB          November 12,            Menara BNI             Workshop             PT Bank Negara
                                              2024                    Pejompongan                                 Indonesia (Persero) Tbk
    32    BNI Culture Fest 2024               November 14,            Menara BNI             Workshop             PT Bank Negara
                                              2024                    Pejompongan                                 Indonesia (Persero) Tbk
    33    Sharing Session dengan PW           November15,             Menara BNI             Workshop             PT Bank Negara
                                              2024                    Pejompongan                                 Indonesia (Persero) Tbk
                                                David Pirzada - Risk Management Director
     1    Ministry of SOEs Workshop           January 19,             Bali Beach             Workshop             Ministry of State-
                                              2024                    Convention, KEK                             Owned Enterprises
                                                                      Sanur                                       (SOEs)
     2    BNI Culture Transformation          January 24,             Wisma 46, Jakarta      Workshop             PT Bank Negara
          Internalization Workshop Risk       2024                                                                Indonesia (Persero) Tbk
          Management Sector
     3    Joint Group Discussion              February 1, 2024        Ballroom Menara        Forum Group          PT Bank Negara
          Forum with Commission XI                                    BNI Pejompongan,       Discussion           Indonesia (Persero) Tbk
          of the Indonesian House of                                  Jakarta
          Representatives
     4    INT Summit: Breaking Silos,         February 2, 2024        Hotel Borobudur,       Seminar              PT Bank Negara
          Building Bridges: A Symphony                                Jakarta                                     Indonesia (Persero) Tbk
          of Business Collaboration
     5    Afternoon Discussion:               February 7,             Grha BNI Lt. 25        Forum Group          PT Bank Negara
          "Domestic Political                 2024                    Jakarta                Discussion           Indonesia (Persero) Tbk
          Developments Towards the 2024
          Election"
     6    Artificial Intelligence Sharing     February 27,            Grha BNI Lt. 25        Sharing Session      PT Bank Negara
          Session by Microsoft                2024                    Jakarta                                     Indonesia (Persero) Tbk
     7    Indonesian Banking Road to Net      March 4, 2024           St. Regis Hotel,       Seminar              Financial Services
          Zero Emission                                               Jakarta                                     Authority (OJK)
     8    18th Asia Pacific High              March 5-8, 2024         Tokyo, Japan           Seminar              Financial Services
          Level Meeting on Banking                                                                                Authority (OJK)
          Supervision
     9    Hearing with Commission VI          March 20, 2024          Gedung Nusantara I     Sharing Session      House of
          of the Indonesian House of                                  Lt. 1 Jakarta                               Representatives of the
          Representatives                                                                                         Republic of Indonesia
                                                                                                                  (DPR RI)
    10    SMR 7 Assessment                    April 22, 2024          Grha BNI Lt. 29        Certification        Banking Professional
                                                                      Jakarta                                     Certification Institute
                                                                                                                  (LSPP)
    11    Hearing with Commission VI          Juy 8, 2024             Gedung Nusantara I     Sharing Session      House of
          of the Indonesian House of                                  Lt. 1 Jakarta                               Representatives of the
          Representatives                                                                                         Republic of Indonesia
                                                                                                                  (DPR RI)
    12    Refreshment Commercial Credit       July 12-13, 2024        Hotel Ibis Style,      Training             PT Bank Negara
          Risk Batch I 2024                                           Jakarta                                     Indonesia (Persero) Tbk
    13    Refreshment Commercial Credit       July 19-20, 2024        Hotel Ibis Style,      Training             PT Bank Negara
          Risk Batch II 2024                                          Jakarta                                     Indonesia (Persero) Tbk

                                                                                                                2024 Annual Report
                                                                                              PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                       749
Page 149
                                     Performa      Management        Company          Management Discussion and          Business Support
                                       2024          Report           Profile       Analysis on Company Performance         Functions



           Training/Workshop/
No                                              Date                 Venue             Type of Training               Organizer
           Conference/Seminar
14    Refreshment Commercial Credit       August 9-10,       Hotel Ibis Style,         Training             PT Bank Negara
      Risk Batch III 2024                 2024               Jakarta                                        Indonesia (Persero) Tbk
15    Compliance Forum "Realizing         August 14, 2024    Grha BNI Lantai 25        Seminar              PT Bank Negara
      Anti-Corruption Culture Through                                                                       Indonesia (Persero) Tbk
      Instilling Integrity Values"                                                                          & KPK
16    Forum Group Discussion              August 27, 2024    Ballroom Menara           Forum Group          PT Bank Negara
      with Bank Mandiri, BRI,                                BNI Pejompongan,          Discussion           Indonesia (Persero) Tbk
      and Commission XI of                                   Jakarta
      the Indonesian House of
      Representatives
17    5th BARa General Meeting of         August 29, 2024    Mandiri Club, Jakarta -                        Bankers Association
      Members (RUA) in 2024                                                                                 for Risk Management
                                                                                                            (Bankers Association
                                                                                                            for Risk Management
                                                                                                            (BARA))
18    Workshop on Alignment of            September 10,      Gedoeng BNI Kota          Workshop             PT Bank Negara
      Company Guidelines (PP) for         2024                                                              Indonesia (Persero) Tbk
      Operational Risk Management                                                                           & KPK
19    Sharing Session Global Banking      September 10,      Grha BNI Lantai 33        Sharing Session      PT Bank Negara
      Trends                              2024                                                              Indonesia (Persero) Tbk
20    Deputy Minister of SOEs             September 13,      Auditorium                Workshop             Ministry of State-
      Workshop "SOE's Strategic           2024               Indraprasta Gedung                             Owned Enterprises
      program and Risk Management                            Nawasena Mandiri                               (BUMN)
      for Indonesia's Future"                                University
21    Anugerah ESG Republika 2024         September 19,      The Westin Hotel          ESG                  Republika
                                          2024
22    Blue Ocean Strategy                 October 7-10,      INSEAD                    Executive            INSEAD Business
      Programme                           2024               Business School           Education            School
                                                             - Fontainebleu,
                                                             Perancis
23    IFG Acara Risk Management           October 14,        Ritz Carlton Pacific      Seminar              Indonesia Financial
      Summit: Navigating Risks            2024               Place                                          Group (IFG)
      Towards Business Resiliency
      and Sustainability by Indonesia
      Financial Group
24    Level 7 BoD Risk Management         October 23-24,     Sheraton Grand            Seminar              IRPA (Indonesian
      Certification Equalization &        2024               Jakarta                                        Risk Professional
      Alignment Seminar                                                                                     Asscociation)
25    Paviliun Indonesia COP29            November11-22,     Baku, Azerbaijan          Seminar              Kementerian
      UNFCCC: Sustainably Stronger        2024                                                              Lingkungan Hidup dan
      Together                                                                                              Kehutanan
26    Forum Group Discussion with         December 2,        Menara BNI                Forum Group          PT Bank Negara
      Bank Mandiri, BRI, BTN and          2024               Pejompongan               Discussion           Indonesia (Persero) Tbk
      Commission XI DPR RI
27    RDP of Committee IV DPD RI:         December 3,        Secretariat General       Forum Group          Committee IV DPD RI
      Follow-up of Bad Debt Write-off     2024               of DPD RI                 Discussion
                                          Ronny Venir - Network and Services Director
1     Earning Calls & Press               26 Jan 24           Grha BNI Lt. 25          Workshop             PT Bank Negara
      Conference Full Year 2023                              Jakarta                                        Indonesia (Persero) Tbk
2     Joint Group Discussion              February 1, 2024      Ballrom Menara         Workshop             PT Bank Negara
      Forum with Commission XI                                                                              Indonesia (Persero) Tbk
      of the Indonesian House of
      Representatives
3     Power Lunch CNBC                    January 11,        Lt 3 CNBC Studio          Sharing Session      CNBC Indonesia
                                          2024               CNBC                                           Indonesia
4     Business Meeting Region 12          January 12,           Sheraton Bandung       Sharing Session      PT Bank Negara
                                          2024                                                              Indonesia (Persero) Tbk
5     Business Meeting Region 18          January 18,        Grand Mercure             Sharing Session      PT Bank Negara
                                          2024               Malang                                         Indonesia (Persero) Tbk
6     Business Meeting Region 14, 02      January 19,           Aston Sentul           Sharing Session      PT Bank Negara
                                          2024                                                              Indonesia (Persero) Tbk




750    Transforming the Future, Empowering Indonesia
Page 150
Capital & Risk Management   Good Corporate     Social & Environmental         ESG             Financial
         Practices           Governance            Responsibility          Commitment        Statements



                Training/Workshop/
    No                                                Date                    Venue             Type of Training            Organizer
                Conference/Seminar
     7    Invitation of Resource Persons         January 22,             Auditorium             Sharing Session      Otorisasi Jasa
          for Financial Education                2024                   Indonesia Banking                            Keuangan (OJK)
          Activities for Students in South                              School
          Jakarta Area
     8    FGD in the context of                  January 26,            R Merah Putih           FGD                  Otorisasi Jasa
          Implementing the Strategy for          2024                   Plataran                                     Keuangan (OJK)
          Implementing Financial Literacy
          and Inclusion Activities in 2024
     9    Business Meeting Region 04,            January 27,            Holiday Inn Pasteur     Sharing Session      PT Bank Negara
          01, 15                                 2024                   Bandung                                      Indonesia (Persero) Tbk
    10    Business Meeting Region 10,            February 01,           Gedung Ten Terrace      Sharing Session      PT Bank Negara
          07, 16, 17                             2024                                                                Indonesia (Persero) Tbk
    11    BNI Business Meeting 2024              March 08-10,           Yogyakarta              Sharing Session      PT Bank Negara
                                                 2024                                                                Indonesia (Persero) Tbk
    12    Financial Planning Education           February 25,           Hongkong                Sharing Session      PT Bank Negara
          For Hongkong’s Diaspora                2024                                                                Indonesia (Persero) Tbk
    13    Artificial Intelligence Sharing        February 27,           Grha BNI Lt. 25         Sharing Session      PT Bank Negara
          Session by Microsoft                   2024                                                                Indonesia (Persero) Tbk
    14    Banking Risk Management                April 22, 2024         Grha BNI Lt. 29 R.      Sertifikasi SMR      PT Bank Negara
          Briefing Program Qualification 7                              Rapat 2                                      Indonesia (Persero) Tbk
    15    BNI Board Retreat Semester I           May 8-12, 2024         London, UK              Workshop             PT Bank Negara
          2024                                                                                                       Indonesia (Persero) Tbk
    16    Working Visit with the Board of        May 27, 2024           Kantor Wilayah 04       Sharing Session      PT Bank Negara
          Commissioners to W04                                                                                       Indonesia (Persero) Tbk
    17    Earnings Call and Press                April 29, 2024         Gedung BNI              Workshop             PT Bank Negara
          Conference 1Q-2024                                            Mataram                                      Indonesia (Persero) Tbk
    18    Working Visit with the Board of        July 30, 2024          Kantor Wilayah 18       Sharing Session      PT Bank Negara
          Commissioners to W18                                                                                       Indonesia (Persero) Tbk
    19    Earnings Call and Press                August 22, 2024        Ballroom BNI            Workshop             PT Bank Negara
          Conference 2Q-2024                                            Mataram                                      Indonesia (Persero) Tbk
    20    Compliance Forum "Realizing            August 14, 2024        Grha BNI Lantai 25      Seminar              PT Bank Negara
          Anti-Corruption Culture Through                                                                            Indonesia (Persero) Tbk
          Instilling Integrity Values"                                                                               & KPK
    21    Workshop of Deputy Minister of         September 13,          Mandiri University      workshop             Ministry of State-
          SOEs "SOE's Strategic Program          2024                   Campus                                       Owned Enterprises
          and Risk Management for                                       Wijayakusuma                                 (BUMN)
          Indonesia's Future"
    22    Executive Education BoD & BoC          October 1-2,           Amsterdam,              Seminar              PT Bank Negara
          - Tech EX AI & Big Data Expo           2024                   Netherlands                                  Indonesia (Persero) Tbk
                                                                                                                     & KPK
    23    Overseas Office Amsterdam              October 3, 2024        Amsterdam,              Sharing Session      PT Bank Negara
          Working Visit                                                 Netherlands                                  Indonesia (Persero) Tbk
                                                                                                                     & KPK
    24    Overseas Office London                 October 5, 2024        London                  workshop             PT Bank Negara
          Working Visit                                                                                              Indonesia (Persero) Tbk
                                                                                                                     & KPK
    25    Investor Daily Summit 2024             October 8 - 9,         JCC Senayan             Seminar              PT Bank Negara
                                                 2024                                                                Indonesia (Persero) Tbk
                                                                                                                     & KPK
                                             Mucharom - Human Capital and Compliance Director
     1    Business Meeting Region 02             January 19,            Pangeran Hotel          Source person        PT Bank Negara
                                                 2024                   Pekanbaru                                    Indonesia (Persero) Tbk

     2    Earnings Call and Press                January 26,            Jakarta                 Workshop             PT Bank Negara
          Conference FY2023                      2024                                                                Indonesia (Persero) Tbk
     3    Forum Group Discussion                 February 1, 2024       Ballroom Menara         FGD                  PT Bank Negara
          with Commission XI of                                         BNI Pejompongan,                             Indonesia (Persero) Tbk
          the Indonesian House of                                       Jakarta
          Representatives
     4    Business Meeting Region 17             February 2-3,          The Phoenix Hotel       Source person        PT Bank Negara
                                                 2024                   Yogyakarta                                   Indonesia (Persero) Tbk



                                                                                                                   2024 Annual Report
                                                                                                 PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                          751
Page 151
                                      Performa     Management         Company       Management Discussion and          Business Support
                                        2024         Report            Profile    Analysis on Company Performance         Functions



           Training/Workshop/
No                                               Date              Venue             Type of Training               Organizer
           Conference/Seminar
5     Afternoon Discussion with the       February 7, 2024   Grha BNI Lt. 25        FGD                   PT Bank Negara
      Theme "Domestic Political                              Jakarta                                      Indonesia (Persero) Tbk
      Developments Towards the 2024
      Election"
6     Focus Group Discussion              February 23,       Ruang Hybrid 30        FGD                   Ministry of State-
      Development Program for Top         2024               - Menara Brillian,                           Owned Enterprises
      Talent BOD-1                                           Jakarta Selatan                              (BUMN)
7     Sharing Session Artificial          February 27,       Grha BNI Lt. 25        Sharing Session       PT Bank Negara
      Intelligence by Microsoft           2024               Jakarta                                      Indonesia (Persero) Tbk
8     Sharing Session & Direction -       February 28,       Grha BNI Lt. 25        Sharing Session       PT Bank Negara
      AFR Business Meeting                2024               Jakarta                                      Indonesia (Persero) Tbk
9     Facilitator - Onboarding Training   February 28,       Online                 Sharing Session       PT Bank Negara
      Program for Experience Hire         2024                                                            Indonesia (Persero) Tbk
      Level Executive
10    BUMN Corporate                      March 7, 2024      Tennis Indoor          Workshop              Ministry of State-
      Communication and                                      Senayan, Jakarta                             Owned Enterprises
      Sustainability Summit                                                                               (BUMN)
      (BCOMSS) 2024
11    Specific Working Visit of           March 14, 2024     Bandung                Sharing Session       Otorisasi Jasa
      Commission XI of the                                                                                Keuangan (OJK)
      Indonesian House of
      Representatives
12    PERBANAS Outlook Seminar            March 22, 2024     Bali Room Hotel      Seminar                 Perhimpunan
      2024                                                   Indonesia Kempinski,                         Bank-Bank
                                                             Jakarta Pusat                                Nasional (Perbanas)
13    Resource Person Sharing             March 28, 2024     Online                 Sharing Session       Forum Human Capital
      Session FHCI - Unlocking Global                                                                     Indonesia (Forum
      Opportunities: Key Insights for                                                                     Human Capital
      Business Savvy Professionals                                                                        Indonesia (FHCI))
14    Banking Risk Management             April 1, 2024      Grha BNI Lt. 30        Training              PT Bank Negara
      Briefing Program Qualification 7                       Jakarta                                      Indonesia (Persero) Tbk
15    Earnings Call and Press             April 29, 2024     Gedung BNI             Workshop              PT Bank Negara
      Conference 1Q-2024                                     Mataram                                      Indonesia (Persero) Tbk
16    SMR 7 Assessment                    May 6, 2024        Grha BNI Lt. 31        Certification         Banking Professional
                                                             Jakarta                                      Certification Institute
                                                                                                          (LSPP)
17    BNI Board Retreat Semester I        May 8-12, 2024     London, UK             Workshop              PT Bank Negara
      2024                                                                                                Indonesia (Persero) Tbk
18    Accompanying the Working            May 15-20, 2024    Belanda                Sharing Session       PT Bank Negara
      Visit of Commission VI of                                                                           Indonesia (Persero) Tbk
      the Indonesian House of
      Representatives
19    BOD Talk - BNI Best Employee        June 12, 2024      BNI University,        Workshop              PT Bank Negara
      Bootcamp 2024                                          Gedoeng BNI Kota                             Indonesia (Persero) Tbk
20    RACE Talk Series: Creating          June 12, 2024      Studio BNI          Sharing Session          PT Bank Negara
      Impactful Innovation through                           University, Gedoeng                          Indonesia (Persero) Tbk
      Culture Transformation                                 BNI Kota
21    Virtual Seminar #100 POJK           July 26, 2024      Online                 Seminar               Indonesian Banking
      5/2024: Strengthening Banking                                                                       Development Institute
      Foundations Amidst Global                                                                           (LPPI)
      Volatility
22    Working Visit of Commission         August 2-3, 2024   Denpasar               Sharing Session       Ministry of State-
      VI of the Indonesian House of                                                                       Owned Enterprises
      Representatives                                                                                     (BUMN)
23    Working Visit of Commission XI      August 5, 2024     Denpasar               Sharing Session       Ministry of State-
      with BUMN Directors                                                                                 Owned Enterprises
                                                                                                          (BUMN)
24    Providing Directions                August 9, 2024     BP3KSDMT               Sharing Session       PT Bank Negara
      to Participants of the                                 Kementerian                                  Indonesia (Persero) Tbk
      Reinforcement Business Team                            Perhubungan,
      Leader Training Batch 3-7 in                           Bandung
      2024



752    Transforming the Future, Empowering Indonesia
Page 152
Capital & Risk Management   Good Corporate   Social & Environmental         ESG              Financial
         Practices           Governance          Responsibility          Commitment         Statements


                Training/Workshop/
    No                                               Date                   Venue               Type of Training            Organizer
                Conference/Seminar
    25    Forum Group Discussion              August 13, 2024         Gedung Kementerian Workshop                    Ministry of State-
          Human Capital Architecture                                  BUMN                                           Owned Enterprises
                                                                                                                     (BUMN)
    26    Compliance Forum "Creating          August 14, 2024         Grha BNI Lantai 25       Seminar               PT Bank Negara
          Anti-Corruption Culture Through                                                                            Indonesia (Persero) Tbk
          Instilling Integrity Values"                                                                               & KPK
    27    Earnings Call and Press             August 22, 2024         Ballroom BNI             Workshop              PT Bank Negara
          Conference 2Q-2024                                          Mataram                                        Indonesia (Persero) Tbk
    28    As Speaker in the Talk Show         August 27, 2024         Grha Sabha               Sharing Session       Universitas Gadjah
          "UGM and KAGAMA Synergy"                                    Pramana, UGM                                   Mada (UGM)
    29    Joint Group Discussion              August 27, 2024         Ballroom Menara          Forum Group           PT Bank Negara
          Forum with Bank Mandiri,                                    BNI Pejompongan,         Discussion            Indonesia (Persero) Tbk
          BRI, and Commission XI of                                   Jakarta
          the Indonesian House of
          Representatives
    30    Opening Workshop Legal              August 30, 2024         BNI University Jl.       Workshop              PT Bank Negara
          Refreshement for In House                                   Lada, Jakarta Barat                            Indonesia (Persero) Tbk
          Legal Counsel BNI Tahun 2024
    31    BNI Board Retreat                   September 5-8,          Sydney, Australia        Workshop              PT Bank Negara
                                              2024                                                                   Indonesia (Persero) Tbk
    32    Workshop of Deputy Minister         September 13,           Auditorium          Workshop                   Ministry of State-
          of SOEs                             2024                    Indraprasta, Gedung                            Owned Enterprises
                                                                      Nawasena Mandiri                               (BUMN)
                                                                      University, Jakarta
                                                                      Barat
    33    Executive Education                 September 15-           Palo Alto, USA           Training              PT Bank Negara
          2024: Leading Change &              20, 2024                                                               Indonesia (Persero) Tbk
          Organizational Renewal
    34    Investor Daily Summit 2024          October 8-9,            JCC Senayan,             Seminar               PT Bank Negara
                                              2024                    Jakarta                                        Indonesia (Persero) Tbk
    35    Earnings Call and Press             October 25,             Ballroom BNI             Workshop              PT Bank Negara
          Conference 3Q-2024                  2024                    Mataram                                        Indonesia (Persero) Tbk
    36    Speakers at Training for BOD-2      November 01,            Menara BNI               Sharing Session       PT Bank Negara
          Leaders Development Mission:        2024                    Pejompongan                                    Indonesia (Persero) Tbk
          "Strategic People Leaders with
          Core Values AKHLAK"
    37    Resource person at the KPK          November 13,            Atria Hotel Gading       Workshop              Komisi Pemberantasan
          Workshop "Best Practice APU         24                      Serpong, Tangerang                             Korupsi Republik
          Program in Banking: Financial                                                                              Indonesia
          Services Sector Perspective
          in Implementing the APU PPT
          Program"
    38    Kick Off HC Match Making FHCI       November14,             Menara BNI               Sharing Session       Forum Human Capital
                                              2024                    Pejompongan                                    Indonesia (FHCI)
    39    Specific Working Visit of           November 20-            Semarang                 Sharing Session       Dewan Perwakilan
          Commission XI of the                21, 2024                                                               Rakyat Republik
          Indonesian House of                                                                                        Indonesia
          Representatives
    40    Welcome Remarks Seminar             November 23,            Menara BNI               Sharing Session       KAGAMA - MBA
          KAGAMA MBA "Implementation          2024                    Pejompongan
          Of Green Economy Principles as
          a Catalyst Towards Indonesia
          Emas"
    41    Speaker at the 2024 Indonesia       November 25,            Ballroom A & B,          Sharing Session       SWA Media Grup dan
          Good Governance Award (GCG          2024                    Hotel Shangri-La,                              IICG
          Award) Event                                                Jakarta
                                             Toto Prasetio - Technology & Operations Director
     1    CES (Consumer Technology            January 8-10,           Las Vegas, US            Workshop              PT Bank Negara
          Association) 2024                   2024                                                                   Indonesia (Persero) Tbk
     2    Business Summit STA Division        January 19,             Anyer                    Workshop              PT Bank Negara
                                              2024                                                                   Indonesia (Persero) Tbk
     3    Business Summit Region W.15         January 26,             Royal Tulip Gunung       Workshop              PT Bank Negara
                                              2024                    Geulis                                         Indonesia (Persero) Tbk

                                                                                                                  2024 Annual Report
                                                                                                PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                         753
Page 153
                                       Performa     Management         Company         Management Discussion and          Business Support
                                         2024         Report            Profile      Analysis on Company Performance         Functions



           Training/Workshop/
No                                                Date                Venue             Type of Training               Organizer
           Conference/Seminar
4     Business Summit ADV Division         January 27,        Sentul                    Workshop             PT Bank Negara
                                           2024                                                              Indonesia (Persero) Tbk
5     Earnings Call and Press              January 26,        Grha BNI                  Workshop             PT Bank Negara
      Conference FY2023                    2024                                                              Indonesia (Persero) Tbk
6     Joint Group Discussion               February 1, 2024      Menara BNI             Sharing Session      PT Bank Negara
      Forum with Commission XI                                                                               Indonesia (Persero) Tbk
      of the Indonesian House of
      Representatives
7     STA Division Leadership              February 2, 2024      Menara BNI             Sharing Session      PT Bank Negara
      Meeting                                                                                                Indonesia (Persero) Tbk
8     Business Summit W09                  February 16,          Novus Hotel Bogor      Workshop             PT Bank Negara
                                           2024                                                              Indonesia (Persero) Tbk
9     CTO Talk - CNBC Indonesia            July 1, 2024          Vidcon                 Source person        CNBC Indonesia
                                                                                                             Indonesia
10    Launching wondr                      July 1, 2024        Grha BNI Lt. 25          Launching            PT Bank Negara
                                                              Jakarta                                        Indonesia (Persero) Tbk
11    Infobank Media Group                 July 2, 2024          Kempinsky Jakarta      Workshop             Infobank
12    IBM AI SUmmit Indonesia              August 8, 2024        Ritz Carlton PP        Panel                International business
                                                                                                             machines corporation
                                                                                                             (IBM)
13    Fordigi Summit                       September 25,      Hotel Mulia Senayan Workshop                   Fordigi
                                           2024
14    Forum Group Discussion               August 27, 2024    Ballroom Menara           Forum Group          PT Bank Negara
      with Bank Mandiri, BRI,                                 BNI Pejompongan,          Discussion           Indonesia (Persero) Tbk
      and Commission XI of                                    Jakarta
      the Indonesian House of
      Representatives
15    Board Retreat BNI                    September 5-8,     Sydney, Australia         Workshop             PT Bank Negara
                                           2024                                                              Indonesia (Persero) Tbk
16    Executive Education                  October 15-17,     Columbia University, Training                  ColumBank Indonesiaa
                                           2024               USA                                            University, USA
17    Sibos                                October 21-14,     China National            Conference           Beijing, China
                                           2024               Convention Centre
18    Welcome Reception Golf               October 29,        Royal Golf                Conference           PT Bank Negara
      Indonesian Master                    2024                                                              Indonesia (Persero) Tbk
19    Citicon Inauguration                 October 31,        Citicon Jakarta           Sharing Session      PT Bank Negara
                                           2024                                                              Indonesia (Persero) Tbk
20    Chatting with ODP Operations         November 01,       Wisma 46 lantai 3         Sharing Session      PT Bank Negara
                                           2024                                                              Indonesia (Persero) Tbk
21    Executive Leadership Forum           November 06,       Thamrin nine              Conference           ICIO
      2024 - Adapting to uncertainly:      2024
      empowering business resilience
      in a dynamic era
22    Ahlak Culture Fest 2024              November 14,       Ballroom Menara           Sharing Session      PT Bank Negara
                                           2024                                                              Indonesia (Persero) Tbk
23    BI Bi-Fast Socialization             November 21,       Vidcon                    Sharing Session      Bank Indonesia
                                           2024
                                   I Made Sukajaya - Enterprise and Commercial Banking Director
1     Effective Collaborative              January 12,        Hotel Sendal Wood         Training             PT Bank Negara
      Leadership & Collection              2024               & Boutiq Lembang                               Indonesia (Persero) Tbk
      Strategy Training                                       Bandung
2     Determination of Limit Value in      January 08,        Hotel tantrem             Seminar              Directorate General of
      Auction Implementation               2024               Yogyakarta                                     State Assets (DJKN)
3     Earnings Call and Press              January 26,        Grha BNI Lt. 25           Workshop             PT Bank Negara
      Conference FY2023                    2024               Jakarta                                        Indonesia (Persero) Tbk
4     Internalization of BNI Culture       January 24,        Wisma BNI46               Workhop              PT Bank Negara
      Transformation RMT Sector            2024                                                              Indonesia (Persero) Tbk
5     Sharing Session Artificial           February 27,       Grha BNI Lt. 25           Workshop             PT Bank Negara
      Intelligence by Microsoft            2024               Jakarta                                        Indonesia (Persero) Tbk




754    Transforming the Future, Empowering Indonesia
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         Practices           Governance          Responsibility             Commitment    Statements



                Training/Workshop/
    No                                              Date                      Venue          Type of Training            Organizer
                Conference/Seminar
     6    Leadership Forum                    March 08-10,            Hotel Tentrem,         Workshop             PT Bank Negara
                                              2024                    Yogyakarta                                  Indonesia (Persero) Tbk
     7    Sharing session property            March 06, 2024          BNI Menara             Workshop             PT Bank Negara
          market overview                                             Pejompongan                                 Indonesia (Persero) Tbk
     8    SMR Level 7                         April 01, 2024          BNI                    Certification        Banking Professional
                                                                                                                  Certification Institute
                                                                                                                  (LSPP)
     9    IFG-BUMN Gathering &                March 26, 2024          Royal Gladd House      Workshop             Indonesia Financial
          Engagement 2024                                             lt.2 Park Hyatt                             Group (IFG)
                                                                      Jakarta
    10    SMR 7 Assessment                    April 1, 2024           Grha BNI Lt. 29        Certification        Banking Professional
                                                                      Jakarta                                     Certification Institute
                                                                                                                  (LSPP)
    11    Earnings Call and Press             April 29, 2024          Gedung BNI             Workshop             PT Bank Negara
          Conference 1Q-2024                                          Mataram                                     Indonesia (Persero) Tbk
    12    Culture Transformation              01 May 2024             BNI                    Workshop             PT Bank Negara
          Workshop online                                                                                         Indonesia (Persero) Tbk
    13    BNI Board Retreat Semester I        08-12 May 2024          London, UK             Workshop             PT Bank Negara
          2024                                                                                                    Indonesia (Persero) Tbk
    14    BNI Best Employee Booth             12 June 2024            BNI University Kota    Workshop             PT Bank Negara
          Camp 2024 Speaker-Leadership                                                                            Indonesia (Persero) Tbk
          Session
    15    Compliance Forum "Creating an       August 14, 2024         Grha BNI Lt. 25        Seminar              PT Bank Negara
          Anti-Corruption Culture Through                             Jakarta                                     Indonesia (Persero) Tbk
          Instilling Integrity Values"
    16    Earnings Call and Press             August 22, 2024         Ballroom BNI           Workshop             PT Bank Negara
          Conference 2Q-2024                                          Mataram                                     Indonesia (Persero) Tbk
    17    Board Retreat                       September 04-           Sydney                 Workshop             PT Bank Negara
                                              08, 2024                                                            Indonesia (Persero) Tbk
    18    Talent Development Coaching &       September 04,           Grha BNI Lt. 30        Forum Discussion PT Bank Negara
          Mentoring                           2024                                                            Indonesia (Persero) Tbk
    19    Sharing Session Global Banking      September 10,           Grha BNI Lt.33         Seminar              PT Bank Negara
          Trends 2024                         2024                                                                Indonesia (Persero) Tbk
    20    Steering Comminte Avatar            September 11,           Grha BNI Lt.25         Forum Discussion BCG
                                              2024
    21    Executive Education: Leading        September 16-           Kellog School,         Training             PT Bank Negara
          & Sustaining a Culture of           19, 2024                Chicago US                                  Indonesia (Persero) Tbk
          Innovation
    22    IDX Summit 2024 Speakers:           October 09,             JCC                    Speaker              B Universe
          Themed "Local Gov Effort            2024
          to Attract Foreign Domestic
          Investment"
    23    Earnings Call and Press             October 25,             Ballroom BNI           Workshop             PT Bank Negara
          Conference 3Q-2024                  2024                    Mataram                                     Indonesia (Persero) Tbk
    24    Risk Management Certification       Novermber 07-           Hotel Shangrila        Certification        Bankers Association
          Alignment Program 1 (one)           08, 2024                Jakarta                                     for Risk Management
          Time a Year                                                                                             (BARA)
    25    RDP Commission VI DPR RI            November 13,            GD Nusantara - DPR     Forum Discussion House of
                                              2024                    RI                                      Representatives of the
                                                                                                              Republic of Indonesia
    26    Culture Fest with KBUMN             November 14,            Menara BNI             Workshop             PT Bank Negara
                                              2024                    Pejompongan                                 Indonesia (Persero) Tbk
    27    Board of Commissioners              November 14,            Grha BNI Lt.25         Forum Discussion PT Bank Negara
          Working Visit in the Commercial     2024                                                            Indonesia (Persero) Tbk
          Segment
    28    FGD with Commission XI of the       December 02,            Menara BNI             Workshop             PT Bank Negara
          DPR                                 2024                    Pejompongan                                 Indonesia (Persero) Tbk
    29    RDP Himbara                         December 03,            Sekretariat Jenderal   Forum Discussion House of
                                              2024                    DPD RI                                  Representatives of the
                                                                                                              Republic of Indonesia



                                                                                                                2024 Annual Report
                                                                                              PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                       755
Page 155
                                        Performa     Management        Company      Management Discussion and          Business Support
                                          2024         Report           Profile   Analysis on Company Performance         Functions



           Training/Workshop/
No                                                 Date                Venue         Type of Training               Organizer
           Conference/Seminar
                      Hussein Paolo Kartadjoemena - Digital and Integrated Transaction Banking Director
1     BNI Culture Transformation            January 26,           Wisma 46           Workshop             PT Bank Negara
      Internalization Workshop              2024                                                          Indonesia (Persero) Tbk
2     FGD with Commission XI                February 01,      Menara BNI             Sharing Session      PT Bank Negara
      of the Indonesian House of            2024                                                          Indonesia (Persero) Tbk
      Representatives
3     Financial Services Industry           February 20,          Online - Zoom      Sharing Session      Financial Services
      Annual Meeting 2024 "Strong           2024                                                          Authority (OJK)
      and Stable Financial Services
      Sector to Support Sustainable
      Economic Growth"
4     Artificial Intelligence Sharing       February 27,          Grha BNI           Sharing Session      PT Bank Negara
      Session by Microsoft for              2024                                                          Indonesia (Persero) Tbk
      Directors and SEVPs
5     Kick Off and Participation in         March 29, 2024        Kempinski          Sharing Session      Bank Indonesia
      Bank Indonesia Hackathon 2024
6     Race Talk Series: Creating            June 12, 2024     Studio BNI             Sharing Session      PT Bank Negara
      ImpactfulInnovation Through                             University                                  Indonesia (Persero) Tbk
      Culture Transformation
7     BSI International Expo                June 20, 2024     JCC Senayan            Workshop             Bank Syariah Indonesia
      "Connecting You to Halal                                                                            (BSI)
      Lifestyle Ecosystem"
8     Grand Pitching BINNOVA 2022           June 25, 2024     Grha BNI               Forum                PT Bank Negara
      - 2023                                                                                              Indonesia (Persero) Tbk
9     CNN Speaker (The Big Idea with        June 28, 2024     Studio CNN             Forum                CNN Indonesia
      Desi Anwar)
10    BI and Coordinating Ministry          August 01, 2024   JCC Senayan            Sharing Session      Bank Indonesia
      for Economic Affairs Invitation
      for FEKDI Event "Digital
      Payment Infinity - The Future of
      Seamless Transactions"
11    BI and Coordinating Ministry for      August 02, 2024   JCC Senayan            Sharing Session      Bank Indonesia
      Economic Affairs Invitation for
      FEKDI Event "Collaboration of
      SP Stakeholders in Supporting
      Sustainable Innovation"
12    BI and Coordinating Ministry          August 03, 2024   JCC Senayan            Sharing Session      Bank Indonesia
      for Economic Affairs Invitation
      for FEKDI Event "Synergy to
      Strengthen Digital Economy
      and Finance and Inclusive
      for Sustainable Growth"
      The Digital Leap: Paving the
      Way for Economic & Finance
      Transformation"
13    Compliance Forum "Realizing           August 14, 2024   Grha BNI               Forum                PT Bank Negara
      Anti-Corruption Culture Through                                                                     Indonesia (Persero) Tbk
      Instilling Integrity Values"
14    OJK Invitation: Consignment           August 20, 2024   Four Season            Sharing Session      Financial Services
      Activities for Implementation                                                                       Authority (OJK)
      and Governance of Artificial
      Intelligence in the Framework of
      Increasing Digital Resilience in
      the Banking Sector
15    Invitation to Sharing Session         September 10,     Grha BNI               Sharing Session      PT Bank Negara
      "Global Banking Trends 2024"          2024                                                          Indonesia (Persero) Tbk
16    Executive Education (Leading          September 14-     Kellog School of       Training             PT Bank Negara
      and Sustaining a Culture of           19, 2024          Management                                  Indonesia (Persero) Tbk
      Innovation)
17    IBI #yukdonordarah                    October 04,       Menara                 Forum                IBank Indonesia
                                            2024              Pejompongan




756    Transforming the Future, Empowering Indonesia
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         Practices           Governance            Responsibility              Commitment   Statements



                Training/Workshop/
    No                                                Date                       Venue         Type of Training            Organizer
                Conference/Seminar
    18    Penelist BNI Investor Daily            October 08,            JCC Senayan            Forum                PT Bank Negara
          Summit 2024: A New Driving             2024                                                               Indonesia (Persero) Tbk
          Force for Indonesia's Economic
          Growth
    19    Project Management Company             October 18,            Online - Zoom          Workshop             PT Bank Negara
          Guidelines Workshop                    2024                                                               Indonesia (Persero) Tbk
    20    Observation Stages of BNI's            October 22,            Grha BNI               Workshop             PT Bank Negara
          Corporate Governance                   2024                                                               Indonesia (Persero) Tbk
          Perception Index (CGPI)
          Program for Fiscal Year 2023
          "Strengthening Governance for
          Maturity & Sustainable Growth"
    21    Level 7 BoD Alignment Seminar          October 23,            Sheraton Grand         Seminar              IRPA
                                                 2024                   Jakarta
    22    Indonesia Fintech Summit &             November 12,           The Kasablanka Hall    Forum                Indonesian Fintech
          Expo (IFSE) 2024: Embed to             2024                                                               Association
          Expand: The Future of Bank and
          Fintech
                                      Agung Prabowo - Wholesale and International Banking Director
     1    Risk Management Certification          1 April 1, 2024        GRHA BNI               Seminar              Risk Management
          Qualification Level 6                                                                                     Certification Body
                                                                                                                    (BSMR)
     2    Treasury Certification Level 7         July 20, 2024           Hotel Pullman,        Seminar              Risk Management
                                                                        Jakarta                                     Certification Body
                                                                                                                    (BSMR)
     3    Earnings Call and Press                August 22, 2024        BNI Mataram,           Forum                PT Bank Negara
          Conference 2Q-2024                                            Jakarta                                     Indonesia (Persero) Tbk
     4    Strategic Approaches to Combat         September 26,          Wisma 46, Jakarta      Workshop             PT Bank Negara
          Financial Crime in Indonesia           2024                                                               Indonesia (Persero) Tbk
     5    Singapore Media (CNBC & The            October 03,            Singapore              Media Interview      CNBC Indonesia
          Edge)                                  2024                                                               Singapore & The Edge
                                                                                                                    Singapore
     6    Investor Daily Summit                  October 08,            JCC Senayan,           Seminar              PT Bank Negara
                                                 2024                   Jakarta                                     Indonesia (Persero) Tbk
     7    Risk Management Certification          November 14-           Menara Mandiri,        Workshop             PT Bank Mandiri
          Alignment                              15, 2024               Jakarta                                     (Persero) TBk
     8    WHI Sector All GM & DH                 November 22-           Pullman, Puncak        Workshop             PT Bank Negara
          Workshop                               23, 2024                                                           Indonesia (Persero) Tbk
                                             Munadi Herlambang* - Institutional Banking Director
     1    Banking Risk Management                23-Mar-24              Jakarta                Risk                 Risk Management
          Certification Qualification 7                                                                             Certification Agency
                                                                                                                    (BSMR)
     2    Focus Group Discussion                 21-Jun-24              Bali                   FGD                  Directorate General of
          Directorate General of Taxes                                                                              Taxes
     3    Pembicara - Future of Work             27-Jun-24              Jakarta                Konferensi           Apiary Academy
          Summit
     4    The Grand Leader Summit -              July 05, 2024          Surabaya               Talk Show            Perguruan Tinggi
          Transitioning from Academic                                                                               Institut Teknologi
          Excellence to Business                                                                                    Sepuluh November
          Leadership
     5    Credit Risk & Mitigation               July 23, 2024          Jakarta                Workshop             Coordinating Ministry
          Workshop BNI - Coordinating                                                                               for Maritime Affairs and
          Ministry for Maritime Affairs                                                                             Investment
          and Investment
     6    Speaker - Digital Transformation       August 01, 2024        Jakarta                Conference           Digital Transformation
          Indonesia Conference and Expo                                                                             Indonesia
          "Unlocking Financial Inclusion:
          The Role of Technology in
          Banking
     7    Speaker - 7th Global                   August 06, 2024        Surabaya               Conference           PT Bank Negara
          Conference: ESG Management                                                                                Indonesia (Persero) Tbk
          & Sustainability


                                                                                                                  2024 Annual Report
                                                                                                PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                         757
Page 157
                                       Performa      Management       Company      Management Discussion and          Business Support
                                         2024          Report          Profile   Analysis on Company Performance         Functions



             Training/Workshop/
 No                                               Date                Venue         Type of Training               Organizer
             Conference/Seminar
  8    Earning Call & Press Conference August 22, 2024        Jakarta               Workshop             PT Bank Negara
       2Q 2024                                                                                           Indonesia (Persero) Tbk
  9    Central Banking Festival             August 28, 2024   Jakarta               Seminar              Bank Indonesia
       "Embracing Innovation for
       The Future of Central Banking
       Services"
  10   Panelist - Indonesia Africa          September 02,     Bali                  Panelist             Ministry of Foreign
       Forum II: Exploring the Impact       2024                                                         Affairs
       and Opportunities of Digital
       Innovation in Indonesia and
       Africa
  11   BNI Board Retreat Semester II        September 5-7,    Sydney                Workshop             PT Bank Negara
       2024                                 2024                                                         Indonesia (Persero) Tbk
  12   Fordigi IT Executive                 September 18-     Melbourne             Workshop             Digital Forum of the
       Development Program "Digital         20, 2024                                                     Ministry of State-
       Transformation Journey and                                                                        Owned Enterprises
       Digital Talent Development."                                                                      (BUMN)
  13   Fordigi Summit 2024                  September         Jakarta               Conference           Digital Forum of the
                                            25,24                                                        Ministry of State-
                                                                                                         Owned Enterprises
                                                                                                         (BUMN)
  14   Speaker - BOD Teaching:              October 1, 2024   Jakarta               Seminar              BNI University
       Leadership in Modern Era
       "Development and Best
       Practice"
  15   Executive Education "Emerging        October 7-11,     New York              Executive            ColumBank Indonesiaa
       Leader Development Program"          2024                                    Education            Business School,
                                                                                                         ColumBank Indonesiaa
                                                                                                         University
  16   Earning Call & Press Conference October 25,            Jakarta               Workshop             PT Bank Negara
       3Q 2024                         2024                                                              Indnesia
  17   International Humanitarian           November 05,      Jakarta               Konferensi           Pengurus Besar
       Islamic Conference                   2024                                                         Nahdlatul Ulama
  18   OJK Panelists Teach - Financially    November 21,      Makassar              Seminar              Asosiasi Asuransi
       Intelligent Generation Towards       2024                                                         Umum Indonesia
       Golden Indonesia
  19   Public Lecture Speaker -             November 26,      Medan                 Seminar              Universitas Sumatera
       Building a Sustainable Financial     2024                                                         Utara
       Future for Students
* Has not been effective



ORIENTATION AND INDUCTION PROGRAM                                    In 2024, the Company has facilitated an orientation
FOR NEW MEMBER OF THE BOARD OF                                       and induction program for newly appointed
DIRECTORS [ACGS D.5.1]                                               directors and transferred directors, namely Putrama
                                                                     Wahju Setyawan, Hussein Paolo Kartadjoemena,
The Bank has an orientation or induction policy                      I Made Sukajaya, Agung Prabowo, and Munadi
and program for newly appointed members of the                       Herlambang. The orientation program materials
Board of Directors with the aim of providing an                      are prepared by the Corporate Secretary, including
overview of business activities, the Bank's future                   through:
plans, work guidelines, and other matters that are                   1) Discussion of the Annual Report, Company
the responsibility of the Board of Directors. Policies                  Work Plan and Budget (RKAP) and Company
regarding the orientation and induction programs of                     Long Term Plan (RJPP), Code of Ethics, Board of
new members of the Board of Directors are regulated                     Directors' Work Code of Conduct, Good Corporate
in the Board of Directors Charter Document. The                         Governance Policy, and the Company's Articles
implementation of this program is intended so                           of Association;
that all new members of the Board of Directors can
better understand their duties and responsibilities in
supporting the Bank's progress and are able to work
in harmony with other Bank Governance organs.



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         Practices           Governance          Responsibility        Commitment   Statements



  2) Explanation relating to delegated authority, internal and external audits, internal control systems and
     policies, as well as the duties and roles of the Audit Committee and other committees under the Board of
     Directors and the Board of Commissioners; and
  3) Explanation of the duties, authority, and responsibilities of the Board of Commissioners andthe Board of
     Directors. This explanation is given by making a presentation by the relevant Unit to the members of the
     Board of Directors in question as well as making a visit to the BNI Regional/Branch Office.

  RISK MANAGEMENT CERTIFICATION

  In order to fulfill HR competency in the field of Bank risk management, BNI carries out Risk Management
  Certification and/or Refreshment programs for the Board of Directors in accordance with POJK No. 24 of 2022
  concerning the Development of the Quality of Human Resources for Commercial Banks and OJK Circular
  No. 28/SEOJK.03/2022 concerning Risk Management Certification for Commercial Bank Human Resources.
  As of December 31, 2024, all serving members of the BNI Board of Directors have Level 5 Risk Management
  Certification as one of the requirements for taking the fit and proper test conducted by the Financial Services
  Authority. Further information regarding this matter has been disclosed in the Company Profile Chapter of
  this Annual Report.

  BOARD OF DIRECTORS' DUTIES IMPLEMENTATION REPORT IN 2024

  In 2024, the BNI Board of Directors has carried out its responsibilities in managing the Bank with a strategic
  approach in accordance with applicable laws and regulations and in accordance with the provisions
  contained in the Bank's Articles of Association, which can be detailed as follows:
  1. Preparation of Bank planning including Corporate Plan and RBB/RKAP;
  2. Fulfillment of Bank performance targets;
  3. Asset and financial management;
  4. Organizing Board of Directors Meetings;
  5. Attend Board of Commissioners Meetings;
  6. Organizing General Meeting of Shareholders;
  7. Monitoring and improving internal business processes; and
  8. Carrying out other tasks related to Bank management.

  LIST OF BOARD OF DIRECTORS' DECISIONS IN 2024

  In 2024, the BNI Board of Directors has issued several decisions regarding the management and strategic
  management of the Bank's business activities, namely as follows:
    No.                                                               Subject
     1    Crisis Management Team (CMT) Head Office
     2    Authority to Decide on Credit
     3    Retirement Preparation Period (MPP)
     4    Transfer/Change of Position
     5    Organization of Crisis Management Team (CMT) Head Office
     6    BNI 78th Anniversary Committee
     7    Implementation Committee for Revaluation of Fixed Assets (Land and Buildings) Owned by Bank BNI and Subsidiaries
          in 2024
     8    Committee for Procurement of Health Insurance Program and Health Administration Program for Directors,
          Commissioners, Active Employees and Families of PT Bank Negara Indonesia (Persero) Tbk for the Period of 2025-
          2026
     9    Resignation Report
    10    Cancellation of Decree
    11    Cancellation of Temporary Replacement Decree
    12    Establishment of Sydney Representative Office Organization
    13    Establishment of BNI Sustainability Report Compilation Team for Fiscal Year 2023
    14    Establishment of Task Force Team
    15    Establishment of Task Force Team
    16    Establishment of Task Force Team
    17    Establishment of Task Force Team


                                                                                                          2024 Annual Report
                                                                                        PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                 759
Page 159
                                     Performa      Management       Company       Management Discussion and       Business Support
                                       2024          Report          Profile    Analysis on Company Performance      Functions



No.                                                             Subject
18    Granting Authority to Decide on Credit
19    Structure of Business Committee (KBI)
20    Structure of Human Capital Committee (KHC)
21    Structure of Credit Policy Committee (KRB)
22    Structure of Integrated Risk Management Committee (KMRT)
23    Organizational Arrangement of Application Development Division (ADV)
24    Organizational Arrangement of Commercial Banking Division 2 (CMB2)
25    Organizational Arrangement of Compliance Division (CMP)
26    Organizational Arrangement of IT Application Services Division (APS)
27    Organizational Arrangement of IT Infrastructure Management Division (IFM)
28    Organizational Arrangement of IT Strategy & Architecture Division (STA)
29    Organizational Arrangement of Procurement & Fixed Assets Division (PFA)
30    Organizational Arrangement of Retail Credit Risk Division (RTC)
31    Organizational Arrangement of Retail Digital Delivery Division (RDL)
32    Organizational Arrangement of Wholesale Digital Channel Division (WDC)
33    Organizational Arrangement of Wholesale Digital Delivery Division (WDL)
34    Organizational Arrangement of Wholesale Transaction Product & Partnership Division (WPP)
35    Determination of BUMN Human Capital Data Management PIC
36    Determination of BUMN Human Capital Information System (HCIS) Portal PIC
37    Determination of Senior Vice Executive President Position
38    Termination of Employment Relationship
39    Termination of Assignment as Supervisory Board of Bank Negara Indonesia Pension Fund
40    Termination of Project Manager Appointment/Assignment
41    Termination of Co-Project Manager and Project Manager Appointment
42    Reappointment as Bank Negara Indonesia Pension Fund Manager
43    Appointment as Permanent Employee
44    Appointment as Member of Bank Negara Indonesia Pension Fund Supervisory Board
45    Temporary Replacement
46    Term of Service Award
47    Appointment of PJ/Grade Adjustment
48    Assignment as Bank Negara Indonesia Pension Fund Manager
49    Appointment/Assignment of Project Manager
50    Appointment/Assignment of Project Manager
51    Appointment/Assignment of Project Manager
52    Appointment/Assignment of Project Manager
53    Appointment/Assignment of Board of Supervisors of DPLK PT Bank Negara Indonesia (Persero) Tbk
54    Appointment/Assignment of Co-Project Manager
55    Appointment/Assignment of Member of Financial Institution Pension Fund Management
56    Appointment/Assignment of Co-Project Manager
57    Appointment/Assignment of Co-Project Manager
58    Appointment/Assignment of Co-Project Manager
59    Appointment/Assignment of the Chairman of the Financial Institution Pension Fund Management
60    Appointment/Assignment of Project Manager
61    Appointment/Assignment of Project Manager and Co-Project Manager
62    Appointment/Assignment of Project Manager
63    Appointment Assignment
64    Appointment/Assignment of Project Manager
65    Indefinite Term Employment Agreement
66    Written Statement of the Founder
67    Extension of the Sharia Board of the Financial Institution Pension Fund of PT Bank Negara Indonesia (Persero) Tbk



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    No.                                                               Subject
    68    Extension of the Term of Service
    69    Charter of the Board of Directors of PT Bank Negara Indonesia (Persero) Tbk
    70    Procedure for Implementing Directors' Leave
    71    Concurrent Positions
    72    Decree on Investment Directions of the BNI Pension Fund
    73    Decree of the Internal Risk Maturity Index (RMI) Assessment Team of BNI
    74    Decree of the Team for Drafting Amendments to the Articles of Association of PT Bank Negara Indonesia (Persero) Tbk.
          for the Year 2023/2024
    75    Decree of the Board of Directors
    76    Board of Directors Decree on BNI Pension Fund Investment Direction
    77    Decree on Dispensation Permit
    78    CMC Productivity Enhancement Implementation Team
    79    Enterprise Financial System (EFS) Implementation Team
    80    Productivity Enhancement Region Implementation Team
    81    Sanur Special Economic Zone (KEK) Initiative Team
    82    RM Tool (Connect) Improvement Initiative Team
    83    Wholesale Loan Management System (LMS) Team
    84    Human Capital Roadmap & Quick Wins Implementation Team
    85    BNI Grading Review Task Force Team
    86    Taskforce Implementation Team
    87    Tim Wholesale Transaction Banking Transformation (AVATAR)
    88    Usulan Pegawai Magang Talent Secondment KBUMN Periode July s.d December 2024



  BOARD OF DIRECTORS' ASSESSMENT OF                                     Assessment Procedures Used [ACGS D.5.7]
  THE PERFORMANCE OF COMMITTEES                                         In 2024, the Board of Directors periodically evaluated
  UNDER THE BOARD OF DIRECTORS [ACGS D.5.7]                             the performance of the supporting committees
                                                                        under it in accordance with the assessment criteria
  In order to support the effective implementation                      for the performance of Committees under the Board
  of the duties and responsibilities of the Board of                    of Directors. The assessment procedure is carried
  Directors, the BNI Board of Directors has supporting                  out by:
  organs in the form of committees whose existence                      a. The assessment is carried out by each permanent
  has been adapted to BNI's business requirements                           member of the Board of Directors and SEVP
  and also as a form of compliance with applicable                          who are members of the Committee based on
  banking regulations. The following are the                                the assessment proposal from the Division as
  committees under the Board of Directors:                                  secretary of the Committee. The assessment
  1. Credit Committee;                                                      used is the combined value and average value of
  2. Credit Policy Committee (KRB);                                         all assessors.
  3. Business Committee (KBI);                                          b. The assessment consists of quantitative and
  4. Asset & Liability Committee (ALCO);                                    qualitative elements.
  5. Human Capital Committee (KHC);                                     c. The final score can be discussed and discussed
  6. Performance Management Committee (PMC);                                in a Committee Meeting or Board of Directors
  7. Risk Management & Anti-Fraud Committee                                 Meeting as a form of evaluation and input as well
      (KRA);                                                                as future direction.
  8. Technology Management Committee (KMT);                             d. The final score will be documented by the
  9. Integrated Risk Management Committee (KMRT);                           Division as Committee secretary and copied to
      and                                                                   the Corporate Secretary.
  10. Subsidiary Company Committee (KPA).
                                                                        Grading Criteria Used [ACGS D.5.7]
  The existence of the ten supporting committees                        In assessing the performance of committees under
  under the Board of Directors aims to increase                         the Board of Directors, BNI has a number of criteria
  effectiveness and efficiency in carrying out Bank                     that serve as the basis for the assessment, including
  operations.                                                           at least:
                                                                        a. The frequency of meetings is compared with the
                                                                            work plan/minimum obligations.


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b. Speed ​​of preparation and delivery of minutes of Committee meetings.
c. Percentage of follow-up and speed of follow-up time to Committee meeting decisions.
d. The percentage of member attendance (quorum) and active participation of members in meetings.
e. Banking performance ratios (key ratios) related to the Committee’s functions.
f. Agenda and scheduling of strategic issues facing the company (sense of urgency).

In addition to referring to the general criteria above, BNI also has special assessment criteria to assess
the performance of each committee, which is tailored to the functions, duties, and responsibilities of each
committee.

2024 Committee Performance Assessment Results [ACGS D.5.7]
 No.               Supporting Committees under the Board of Directors                                   Score
 1.    Credit Committee                                                                                 Good
 2.    Credit Policy Committee (KRB)                                                                    Good
 3.    Business Committee (KBI)                                                                         Good
 4.    Asset & Liability (ALCO) Committee                                                               Good
 5.    Human Capital Committee (KHC)                                                                    Good
 6.    Risk Management Committee (PMC)                                                                  Good
 7.    Risk Management & Anti Fraud Committee (KRA)                                                     Good
 8.    Management Technology Committee (KMT)                                                            Good
 9.    Integrated Risk Management Committee (KMRT)                                                      Good
 10    Subsidiary Committee (KPA)                                                                       Good


Score Range Table
                          Value Range                                                   Description
                             80-100                                                       Excellent
                             60-79                                                          Good
                              <60                                                        Adequate


Meanwhile, specifically regarding the performance assessment of the Internal Audit Work Unit and Risk
Management Work Unit, it has been explained in the Internal Audit and Risk Management Work Unit section
in a separate sub-chapter of this Annual Report.

Party Conducting the Performance Assessment of the Board of Directors Committee [ACGS D.5.7]
The parties who assess the performance of the committees under the Board of Directors are as follows:
 No.      Performance Assessment                                      Assessment conducted by
 1.    Committee on a collegial basis      Each member of the Committee for the performance of the Committee
 2.    Committee Members on an             Each Committee member provides an assessment for each other Committee
       individual basis                    member.
 3.    Chairman of the Committee           Each Committee member is related to the performance of their Chairman of the
                                           Committee



All answers given by the parties mentioned above were submitted directly through an online survey. The
results of the performance assessment are confidential and anonymous and are submitted to the Nomination
and Remuneration Committee. Furthermore, the Nomination and Remuneration Committee submits and
discusses all the results of the Committee's performance assessment at the Board of Commissioners level
at the Board of Commissioners meeting. The results of the discussion will be followed up in the form of
improvements or action plans (if necessary).




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  Performance Assessment of the Board
  of Directors and the Board of
  Commissioners                                       [ACGS D.5.5, D.5.6]




  PERFORMANCE ASSESSMENT OF THE                                             Performance Assessment Criteria For The Board
  BOARD OF DIRECTORS (INCLUDING THE                                         of Directors (Including The President Director)
  PRESIDENT DIRECTOR)                                                       Management of the Key Performance Indicators
                                                                            (KPI) for the Board of Directors, both collegial
  Procedure for Performance Assessment                                      and individual, refers to applicable government
  of the Board of Directors (Including the                                  regulations, strategic initiatives/Management Work
  President Director)                                                       Plans (RKM) for the directorate, and the Bank's
  As a state-owned enterprise (soe) bank, the                               Business Plan (RBB)/Corporate Work and Budget
  procedures and mechanisms for the performance                             Plan (RKAP) for the fiscal year. The performance
  assessment of BNI's Board of Directors refer to                           assessment criteria for the Board of Directors
  the provisions of the Minister of SOEs Regulation                         (including the President Director) are as follows:
  No. PER-3/MBU/03/2023 dated March 20, 2023,                               1. Collegial KPI [ACGS D.5.5]
  concerning SOE Governance and Human Resources,                                The Bank uses 5 (five) main perspectives to
  Minister of SOEs Regulation No. PER-2/MBU/03/2023                             measure and assess collegial KPI performance:
  dated March 3, 2023, concerning Guidelines for                                a. Economic and social value for Indonesia,
  Governance and Significant Corporate Activities of                               covering financial and social aspects.
  SOEs, and the Ministry of SOEs Letter No. S-491/                              b. Business Model Innovation.
  MBU/04/2023 dated September 29, 2023.                                         c. Technology       Governance         Framework
                                                                                   Leadership.
  The policies for assessing the performance of the                             d. Investment Enhancement.
  Board of Directors at BNI include:                                            e. Talent Development
  1) Collegial performance assessment of the Board
     of Directors is conducted at least twice a year.                           These perspectives are further broken down into
  2) Individual performance assessment of the Board                             financial and non-financial performance targets
     of Directors, including the President Director, is                         aligned with the Bank's strategic initiatives.
     conducted at least twice a year; and [ACGS D.5.4]
  3) Annually, the collegial and individual performance                     2. Individual KPI [ACGS D.5.6]
     achievements of the Board of Directors are                                Individual KPIs for the Board of Directors are
     reviewed by a public accounting firm auditing                             designed based on the duties, core functions, and
     the company's financial statements.                                       responsibilities of each member. The criteria used
                                                                               by BNI to measure the performance of Individual
  Performance assessments of the Board of Directors,                           Directors (including the President Director) uses
  both collegial and individual, are conducted through                         the Balance Scorecard which consists of 4 (four)
  a self-assessment mechanism, which is then                                   perspectives as follows:
  reviewed by a public accounting firm. The results of                         a. Financial.
  the performance assessment are confidential and                              b. Customer.
  anonymous, serving as input for the continuous                               c. Internal Business Process.
  improvement of the Board of Directors' performance.                          d. Learning & Growth

  For individual performance assessments of the                             Parties Conducting The Assessment
  Board of Directors (including the President Director),                    The performance of the Board of Directors, including
  a Balanced Scorecard approach is used, covering                           the President Director of the Bank, is evaluated
  Financial, Customer, Internal Business Process, and                       periodically based on predetermined assessment
  Learning & Growth perspectives. These are aligned                         parameters outlined in the Board of Directors' KPI,
  with BNI's strategy, the duties, and responsibilities                     both collegially and individually. The achievement
  of each Board member, while considering both                              of these KPIs, whether at the collegial or individual
  collegial and individual responsibilities, in financial                   level, is reviewed by a Public Accounting Firm (KAP)
  and non-financial terms.                                                  that audits the company’s financial statements.
                                                                            The results are then submitted to the Board of



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Commissioners through the Nomination and Remuneration Committee, as well as to the Ministry of State-
Owned Enterprises (BUMN) as the Bank’s controlling shareholder.

Results of The Board of Directors' Performance Assessment (Including The President Director) In 2024
In 2024, BNI conducted an independent assessment of the Board of Directors' performance by measuring
both the collegial KPI of the Board of Directors and the individual KPI of each Director, including the President
Director. The assessment results are as follows:

1. Collegial KPI Achievement [ACGS D.5.5]
                                                                                                                     Achievement
       Perspective        No                              KPI                          Weight          Unit
                                                                                                                       in 2024
Economic and              1    PPOP Consolidation                                          8%        IDR Trillion         98.5%
social value for
                          2    Total Shareholder Return (TSR)                              6%       Percentile (P)       110.0%
Indonesia (65%)
                          3    ROE Tier 1 Konsolidasi                                      7%             %              108.4%
                          4    CAR                                                         6%             %              105.4%
                          5    Average Growth of Total Deposit                             5%             %               95.0%
                          6    Average Growth of Total Loan                                5%             %               95.5%
                          7    Loan at Risk (LaR)                                          6%             %              110.0%
                          8    Cost of Credit (CoC)                                        7%             %              106.9%
                          9    BOPO Consolidation                                          5%             %              100.7%
                         10    KUR Distribution Realization                                5%             %              104.5%
                         11    NPS for Bank                                                5%             %              110.0%
Business Model           12    CASA Ratio                                                  4%             %               96.5%
Innovation (8%)
                         13    Number of Active Users of BNI Mobile Banking and            4%          Amount            110.0%
                               wondr                                                                 (Thousand)
Technology               14    ATM Integration Implementation (Project Jalin)              3%         Unit ATM           104.2%
Leadership (7%)
                         15    Cyber Security Breach (Zero incident)                       4%           Report           110.0%
Increased                16    Environment, Social, Government (ESG) Rating                3%           Rating           100.0%
Investment (12%)
                         17    Number of Diaspora Customer Accounts (Diaspora              5%          Amount            110.0%
                               Saving)
                         18    Sustainable Financing/Credit                                4%        IDR Trillion        101.9%
Talent Development       19    Average diversity in nominated talent (women and            4%             %              109.7%
(8%)                           young)
                         20    Employee Productivity                                       4%      Million/person/       100.7%
                                                                                                        month
                                     Total Achievements                                                                  104.5%


2. Achievement Of Individual KPIS [ACGS D.5.6]
   The assessment of individual KPIs is based on the achievement of each Directorate's KPI targets, detailed
   as follows:

President Director [ACGS E.5.4]
• Achieving the realization of the Business Plan in accordance with RKAP/RBB.
• Fulfilling internal control implementation at each line of defense.
• Ensuring compliance with regulations as a public company.
• Maintaining the bank's soundness level.
• Executing corporate actions as planned.
• Achieving the implementation and distribution of TJSL.
• Enhancing BNI's brand image.
• Improving asset quality.

Vice President Director
• Achieving the realization of the Business Plan in accordance with RKAP/RBB.
• Fulfilling internal control implementation at each line of defense.
• Improving BNI's brand image.
• Achieving the increase in Regional business and Pension Fund & Financial Institutions business.
• Improving asset quality.

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  Wholesale & International Banking Director                                 Network & Services Director
  • Increasing profitability and business volume                             • Growing business volume in regions focusing on
    for the Corporate Banking, International, and                              the Retail Banking and non-debtor Commercial
    Treasury segments.                                                         segments.
  • Increased transaction volume by customers                                • Increasing transaction volume by Retail Banking
    in the Corporate Banking, International and                                segment customers.
    Treasury segments.                                                       • Increasing Agen46 performance.
  • Achieved Transformation and Overseas Office                              • Achieving customer satisfaction and complaint
    Business.                                                                  resolution.
  • Maintaining the Company’s liquidity.                                     • Maintaining the quality of Regional assets.
  • Maintain asset quality in Corporate Banking and
    International segments.                                                  Risk Management Director
                                                                             • Ensuring effective implementation of risk
  Enterprise & Commercial Banking Director                                      management in accordance with the articles of
  • Increasing profitability and business volume for                            association, risk management policies, internal
     the Enterprise & Commercial Banking segments.                              control system policies, standard procedures,
  • Increasing funding for Enterprise & Commercial                              and external regulations.
     Banking.                                                                • Fulfilling internal control implementation in each
  • Increasing transaction volume by Enterprise &                               line of defense.
     Commercial Banking customers.                                           • Attaining of End to End Debtor Monitoring.
  • Maintaining asset quality in the Enterprise &                            • Maintaining asset quality improvement.
     Commercial Banking segment.
                                                                             Finance Director
  Retail Banking Director                                                    • Achieving the realization of the Company’s
  • Increasing business volume in the Retail Banking                            Business Plan in accordance with RKAP/RBB.
     segment.                                                                • Attaining     the  business    performance  of
  • Enhancing funding in the Retail Banking segment.                            subsidiaries.
  • Increasing transaction volume by Retail Banking                          • Increasing the Data Quality Index.
     customers.                                                              • Enhancing procurement process effectiveness.
  • Achievement of Xpora business.
  • Maintaining the quality of Retail Banking segment                        Technology & Operations Director
     assets.                                                                 • Effectively   governing      technology     and
                                                                                information.
  Institutional Banking Director*                                            • Completing Information Technology projects.
  • Increasing profitability and business volume in                          • Enhancing operational excellence.
     the Institutional Banking segment.
  • Increasing funding for Institutional Banking.                            Human Capital & Compliance Director
  • Increasing transaction volume by customers                               • Achieving human capital management strategies
     in the Institutional Banking and International                            and targets.
     segments.                                                               • Improving       employee     capabilities    and
  • Supporting government programs.                                            productivity.
  • Increasing Wallet Share.                                                 • Implementing Compliance at BNI Bank.
                                                                             • Reducing the number of regulatory sanction
  Digital & Integrated Transaction Banking Director                            penalties.
  • Increasing fee-based income from digital                                 • Fulfilling business procedure and policy needs.
     transactions.
  • Increasing volume and digital transactions for
     the Wholesale & Retail Banking segment.
  • Increasing number of active transaction users
     and Feature Holding Ratio for the Wholesale &
     Retail Banking segment.
  • Achieving BNI Corporate Branding Improvement.




  *) The duties of the Director of Institutional Banking here refers to those performed by the Acting Director mechanism applicable at BNI.


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BOARD OF COMMISSIONERS                                          (AGMS). The performance evaluation serves as
PERFORMANCE ASSESSMENT                                          input for improving the Board of Commissioners’
                                                                effectiveness in the future. The assessment policy
The performance assessment of the Board of                      and procedure focus on evaluating the collegial
Commissioners is conducted collegially and                      performance of the Board of Commissioners.
reported to the Shareholders during the Annual
General Meeting of Shareholders (AGMS) through                  Board of Commissioners' Performance
the presentation of the Board of Commissioners’                 Assessment Criteria [ACGS D.5.5]
performance, as outlined in the Board of                        The collegial performance assessment is conducted
Commissioners’ Supervisory Report. Based on this                by measuring the achievement of the Board of
report, the AGMS subsequently grants full discharge             Commissioners’ Annual Key Performance Indicators
and release of responsibility (volledig acquit et de            (KPI), which are formulated and established at
charge) to the Board of Commissioners for the                   the beginning of the year. The 2024 Board of
supervisory actions carried out during the financial            Commissioners’ performance assessment, prepared
year ending at the close of the year.                           and set at the start of the year, is based on the
                                                                following aspects:
As part of the implementation of Good Corporate                 1. Planning Aspect – Weight: 10%
Governance in alignment with the Minister of                    2. Supervision and Advisory Aspect – Weight: 55%
State-Owned Enterprises Regulation No. PER-2/                   3. Reporting Aspect – Weight: 17%
MBU/03/2023 dated March 3, 2023, concerning                     4. Dynamic Aspect – Weight: 18%
Guidelines for Corporate Governance and Significant
Corporate Activities of State-Owned Enterprises, the            Parties Conducting the Board of
Board of Commissioners prepares its annual work                 Commissioners' Performance Assessment
plan at the beginning of the year. This work plan is            The collegial performance assessment of the Board
an integral part of the Company’s Work Plan and                 of Commissioners is conducted through a self-
Budget (RKAP). To evaluate the implementation                   assessment process, proposed by the Nomination
of this work plan, the Board of Commissioners                   and Remuneration Committee and approved by the
subsequently conducts a collegial performance                   Board of Commissioners.
assessment. This assessment aims to ensure that the
Board of Commissioners has effectively performed                Board of Commissioners' Performance
its duties throughout the financial year using a self-          Assessment Results In 2024 [ACGS D.5.5]
assessment method.                                              The performance of the Board of Commissioners
                                                                is reflected in the results of the self-assessment
Policy and Procedure for the Board of                           conducted against the 2024 Board of Commissioners’
Commissioners' Performance Assessment                           Key Performance Indicators (KPI). The assessment
The performance assessment of the Board of                      indicates that the Board of Commissioners has
Commissioners is conducted twice a year (per                    effectively carried out its supervisory duties through
semester) through a self-assessment process                     work programs outlined in the 2024 Board of
carried out internally by the Bank. The results of              Commissioners’ Work Plan, in alignment with the
this assessment are reported to the Shareholders                established targets. The achievement of the 2024
during the Annual General Meeting of Shareholders               Board of Commissioners’ KPI as a measure of their
                                                                performance is presented as follows:




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   No.                                          Aspect and Parameter                                          Weight Achievement
     I.    Planning Aspect                                                                                     10.00%            10.00%
           Conducting discussions and providing recommendations/approval on the preparation of the
           Board of Commissioners' work plan for the coming year
    II.    Supervision and Advice Aspect                                                                       55.00%            56.42%
           a. Providing approval/response/recommendation to Shareholders on the Bank's Business
              Plan for the coming year and the Revision of the Bank's Business Plan for the current year,
              Annual Report, and Quarterly Performance Analysis.
           b. Providing approval and advice to the Board of Directors according to the Board of
              Commissioners' field of duty.
           c. Board of Commissioners Meeting
           d. Board of Commissioners Committee Meeting with the Board of Directors/Related Units
           e. Board of Commissioners Working Visit
           f. Realization of the Board of Commissioners Committee Work Plan
    III.   Reporting Aspect                                                                                    17.00%            17.00%
           a. Board of Commissioners KPI Realization Report
           b. Board of Commissioners Supervision Report to the Authorities and the Ministry of State-
              Owned Enterprises.
    IV.    Dynamic Aspect                                                                                      18.00%            18.80%
           a. Proposal of External Auditors to Shareholders
           b. Competency Improvement through Seminars, Workshops, etc.
           c. GCG Assessment Results
   Total                                                                                                      100.00%       102.22%



  Procedure for the Board of Commissioners' Performance Assessment
  BNI conducts a periodic performance assessment of the Board of Commissioners, which includes the
  implementation of the Good Corporate Governance (GCG) self-assessment. This assessment is carried out
  every semester, with evaluations conducted in June and December of the respective year.




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Nomination and
Remuneration

PROCEDURE FOR NOMINATION                                                    annual report and/or financial statement to
OF MEMBERS OF THE BOARD OF                                                  the OJK, and/or the annual report and/or
COMMISSIONERS                                                               financial statement was not approved and/
                                                                            or ratified by the GMS.
Nomination Policy for Members of the                            3. Have a commitment to comply with statutory
Board of Commissioners                                              regulations.
The Nomination Policy for members of the                        4. Have knowledge and/or expertise in the field
Board of Commissioners is regulated in the                          required by the Company.
Good Corporate Governance Policy, Company                       5. Not currently holding a position that has the
Guidelines No. IN/097/CMP/001 dated August 28,                      potential to cause a conflict of interest.
2024, which has been updated and approved by                    6. Not serving as a member of the Board of
the Board of Commissioners through BNI Board of                     Commissioners/Supervisory Board of a SOE
Commissioners Letter No. DK/237 dated December                      or Board of Commissioners of the Subsidiary
31, 2024, which regulates, among other things,                      Company concerned for 2 (two) periods;
the system and procedures for selecting and/or                  7. Not currently holding a position that is prohibited
replacing members of the Board of Commissioners                     from holding a position as a member of the Board
to be submitted to the GMS.                                         of Commissioners;
                                                                8. Physically and mentally healthy, who is not
NOMINATION PROCESS FOR BOARD OF                                     suffering from an illness that could hinder the
COMMISSIONERS MEMBERS                                               performance of his/her duties as a member of the
                                                                    Board of Commissioners, as proven by a health
Criteria for Members of the Board of                                certificate from the hospital;
Commissioners                                                   9. Have a Taxpayer Identification Number (NPWP)
1. Have good character, morals, and integrity and                   and have carried out the obligation to pay taxes
   are capable of carrying out legal actions.                       for the last 2 (two) years;
2. Within the last 5 (five) years before appointment            10. For prospective candidates from technical
   and during his/her tenure:                                       ministries or other government agencies, they
   1) Never declared bankruptcy.                                    must be based on a letter of proposal from the
   2) Never been a member of the Board of                           head of the agency concerned; and
      Directors and/or a member of the Board of                 11. Prospective candidates for members of the
      Commissioners who was found guilty of                         Board of Commissioners who come from
      causing a company to be declared bankrupt.                    State Administrators must report the State
   3) Never been convicted of committing a criminal                 Administrator's Wealth Report (LHKPN) for the
      act that is detrimental to state finances and/or              last 2 (two) years as proven by proof of the
      related to the financial sector.                              LHKPN report to the authorized institution.
   4) Never been a member of the Board of                       12. Appointment of members of the Board of
      Directors and/or member of the Board of                       Commissioners who come from employees or
      Commissioners during his/her tenure::                         officials in institutions that carry out regulatory
      a) Never held an annual GMS;                                  and/or supervisory functions of Banks and/or
      b) His/her accountability as a member of                      other financial service institutions is carried out
         the Board of Directors and/or Board of                     after the person concerned has effectively ceased
         Commissioners has never been accepted                      to be an employee or official and has undergone
         by the GMS or has never provided his/her                   a cooling-off period of at least 6 (six months).
         accountability as a member of the Board                13. Former members of the Board of Directors
         of Directors and/or member of the Board                    or Executive Officers or parties who have a
         of Commissioners to the GMS; and                           relationship with the Bank who may influence
      c) Has ever caused a company that obtained                    the person's ability to act independently must
         a permit, approval, or registration from the               undergo a cooling-off period of at least 1
         OJK to not fulfill its obligation to submit an             (one) year before becoming an Independent
                                                                    Commissioner at the Bank concerned.


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  PROCEDURES FOR ELECTION,                                                c. Structural      Officials    and       Functional
  APPOINTMENT, REPLACEMENT, AND                                               Government Officials; or
  DISMISSAL OF MEMBERS OF THE BOARD                                       d. Other sources.
  OF COMMISSIONERS                                                    8. The GMS/Minister can determine candidates
                                                                          proposed by the Nomination and Remuneration
  1. The selection of candidates for members of the                       Committee at the Ministry of SOE to become
      Board of Commissioners is carried out using                         members of the Board of Commissioners.
      procedures and mechanisms in accordance with                    9. Determination of a person as a member of the
      those regulated in SOE Ministerial Regulation                       Board of Commissioners can be done after being
      No. PER-3/MBU/03/2023 concerning Organs and                         declared to have passed the Fit and Proper Test
      Human Resources of State-Owned Enterprises,                         (UKK) in accordance with sectoral provisions.
      which, among other things, regulates provisions                 10. In the event that the appointment of members of
      for sources, selection and assessment of                            the Board of Commissioners is carried out before
      prospective candidates, as well as proposals for                    the UKK is in accordance with sectoral provisions,
      appointment.                                                        the actions, duties, and functions as a member of
  2. Banks can use the services of independent and                        the Board of Commissioners are calculated from
      reputable third parties in the selection process                    the time they are declared to have passed the
      for candidates for the Board of Commissioners.                      UKK in accordance with sectoral provisions.
      In carrying out the nomination process for                      11. Members of the Board of Commissioners, as
      the BNI Board of Commissioners in 2024, the                         referred to in point 9, have terms of office that are
      Nomination and Remuneration Committee did                           effective as of the date determined by the GMS/
      not collaborate with independent professionals.                     Minister.
  3. Every proposal for replacement and/or                            12. Curriculum vitae of prospective members of the
      appointment of members of the Board of                              Board of Commissioners who will be proposed
      Commissioners to the GMS must consider the                          for appointment at the GMS must be available
      recommendations of the committee that carries                       and announced at the time of the GMS before
      out the nomination function.                                        making a decision regarding appointment as
  4. Replacement and/or appointment of members                            members of the Board of Commissioners.
      of the Board of Commissioners prioritizes                       13. The GMS resolution regarding the appointment
      professional composition, independence, and                         and dismissal of members of the Board of
      suitability of competence and pays attention to                     Commissioners also determines when the
      diversity in terms of education (field of study),                   appointment and dismissal will take effect. In the
      work experience, age, and expertise, without                        event that the GMS does not determine, then the
      distinction of ethnicity, religion, and race,                       appointment and dismissal of members of the
      which is required in carrying out the duties and                    Board of Commissioners shall take effect from
      responsibilities of the Board of Commissioners.                     the closing of the GMS.
      Further explanation regarding the diversity                     14. Members of the Board of Commissioners are
      policy of the Board of Commissioners is outlined                    appointed for a period starting from the date
      in this Annual Report on page 798.                                  determined by the GMS that appointed them and
  5. Members of the Board of Commissioners are                            ending at the close of the 5th (fifth) Annual GMS
      appointed and dismissed by a GMS, which must                        after the date of appointment, provided that the
      be attended by Series A Dwiwarna Shareholders,                      period cannot exceed 5 (five) years, taking into
      and the resolutions of the GMS must be                              account the regulations and legislation in the
      approved by Series A Dwiwarna Shareholders,                         fields of Capital Markets and Banking, but without
      taking into account the provisions in the Articles                  prejudice to the rights of the GMS to dismiss
      of Association.                                                     members of the Board of Commissioners at any
  6. Procedures for appointing members of the Board                       time before their term of office ends. After their
      of Commissioners refer to OJK regulations                           term of office ends, members of the Board of
      concerning the Board of Directors and Board of                      Commissioners can be reappointed by the GMS
      Commissioners of Issuers or Public Companies                        for one term of office.
      as well as regulations of the Minister of SOE                   15. A member of the Board of Commissioners has
      concerning SOE Organs and Human Resources.                          the right to resign from his position by notifying
      Procedures for appointing members of the Board                      the Company in writing of his intention.
      of Commissioners include:                                       16. The Company is obliged to hold a GMS to decide
  7. Sources of prospective members of the Board of                       on requests for resignation of members of the
      Commissioners come from:                                            Board of Commissioners within a period of no
      a. Former SOE Board of Director;                                    later than 90 (ninety) days after receipt of the
      b. Board of Commissioners/Supervisory Board                         letter of resignation.
          of SOE;


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17. The Company is obliged to disclose information                      Commissioners who was found guilty of
    to the public and submit it to the OJK no later                     causing a company to be declared bankrupt;
    than 2 (two) working days after receiving the                   c. Never been convicted of committing a
    request for resignation of a member of the Board                    criminal offense that is detrimental to state
    of Commissioners.                                                   finances and/or related to the financial sector;
18. Before the resignation becomes effective, the                   d. Never been a member of the Board of
    relevant member of the Board of Commissioners                       Directors and/or member of the Board of
    is still obliged to complete his duties and                         Commissioners who during his/her tenure:
    responsibilities in accordance with the articles of                 1) Never held an annual GMS;
    association and applicable laws and regulations.                    2) His/her accountability as a member of
19. The term of office of a member of the Board of                         the Board of Directors and/or Board of
    Commissioners ends if:                                                 Commissioners has never been accepted
    a. His/her resignation is effective.                                   by the GMS or he/she has never provided
    b. Deceased.                                                           his/her accountability as a member of the
    c. His/her term of office ends.                                        Board of Directors and/or member of the
    d. Dismissed due to GMS resolution.                                    Board of Commissioners to the GMS; and
    e. Declared bankrupt by the Commercial Court,                       3) Has caused a company that has obtained
       which has permanent legal force, or placed                          a permit, approval, or registration from
       under guardianship based on a court decision.                       the OJK to fail to fulfill its obligation to
    f. No longer meets the requirements as a                               submit an annual report and/or financial
       member of the Board of Commissioners based                          statement to the OJK.
       on the provisions of the Articles of Association         4. Have a commitment to comply with statutory
       and applicable laws and regulations.                         regulations.
    g. Dismissed due to a GMS resolution at any time            5. Have knowledge and/or expertise in the field
       if a member of the Board of Commissioners:                   required by the Company.
       1) Unable to carry out his/her duties properly.          6. Not currently holding a position that has the
       2) Violates the provisions of the articles of                potential to cause a conflict of interest;
           association and/or statutory regulations.            7. Not serving as a member of the Board of Directors
       3) Being involved in actions that are                        of the relevant SOE or Subsidiary Company for 2
           detrimental to the Bank and/or the country.              (two) periods;
       4) Carrying out actions that violate the                 8. Not currently holding a position that is prohibited
           ethics and/or propriety that should be                   from holding a position as a member of the Board
           respected as a member of the Board of                    of Directors according to statutory regulations;
           Commissioners.                                       9. Have dedication and devote full time to carrying
       5) Declared guilty by a court decision that has              out their duties, as stated in a statement letter
           permanent legal force.                                   from the person concerned;
       6) Resign.                                               10. Physically and spiritually healthy, that is, not
       7) Other reasons deemed appropriate by the                   currently suffering from an illness that could
           GMS for the interests and objectives of the              hinder the performance of their duties as a
           Company.                                                 Director, as proven by a health certificate from
                                                                    the hospital; and
PROCEDURE FOR NOMINATION OF                                     11. Have a Taxpayer Identification Number (NPWP)
MEMBERS OF THE BOARD OF DIRECTORS                                   and have carried out the obligation to pay taxes
                                                                    for the last 2 (two) years.
Board of Directors' Member Nomination                           12. Appointment of members of the Board of
Policy                                                              Directors who come from employees or officials
                                                                    at institutions that carry out regulatory and/
Criteria for Members of the Board of Directors                      or supervisory functions of Banks and/or other
1. Have character, morals, expertise, integrity,                    financial service institutions is carried out after
   leadership, experience, honesty, and good                        the person concerned has effectively ceased to
   behavior and are capable of carrying out legal                   be an employee or official and has undergone a
   actions;                                                         cooling-off period of at least 6 (six) month.
2. Domiciled in Indonesia.
3. Within the last 5 (five) years before appointment            PROCEDURES FOR SELECTION,
   and during his/her tenure:                                   APPOINTMENT, REPLACEMENT, AND
   a. Never declared bankruptcy;                                DISMISSAL OF THE BOARD OF DIRECTORS
   b. Never been a member of the Board of
      Directors and/or a member of the Board of                 1. The selection of prospective members of
                                                                   the Board of Directors is carried out using


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     procedures and mechanisms in accordance with                         (UKK) in accordance with sectoral provisions.
     those regulated in the Regulation of the Minister                10. In the event that the appointment of members of
     of SOE No. PER-3/MBU/03/2023 concerning                              the Board of Directors is carried out before the
     Organs and Human Resources of State-Owned                            UKK is in accordance with sectoral provisions,
     Enterprises, which, among other things, regulates                    the actions, duties, and functions as a member
     provisions for sources, selection and assessment                     of the Board of Directors are calculated from the
     of prospective candidates, as well as proposals                      time they are declared to have passed the UKK in
     for appointment.                                                     accordance with sectoral provisions.
  2. Banks can use the services of independent and                    11. Members of the Board of Directors, as referred to
     reputable third parties in the selection process                     in point 8, have terms of office that are effective
     for the Board of Directors candidates.                               as of the date determined by the GMS/Minister.
  3. Every proposal for replacement and/or                            12. Curriculum vitae of prospective members of
     appointment of members of the Board of Directors                     the Board of Directors who will be proposed for
     to the GMS must consider the recommendations                         appointment at the GMS must be available and
     of the committee that carries out the nomination                     announced at the time of the GMS before making
     function.                                                            a decision regarding appointment as a member
  4. Replacement and/or appointment of members                            of the Board of Directors.
     of the Board of Directors prioritizes professional               13. The GMS resolution regarding the appointment
     composition, independence, and suitability of                        and dismissal of members of the Board of
     competency and pays attention to diversity                           Directors also determines when the appointment
     in terms of education (field of study), work                         and dismissal will take effect. In the event that the
     experience, age, expertise, and representation of                    GMS does not determine, then the appointment
     women, without distinction of ethnicity, religion,                   and dismissal of members of the Board of
     and race, which are needed appropriately in                          Directors will take effect from the closing of the
     carrying out the duties and responsibilities of the                  GMS.
     Board of Directors. An explanation of the Board                  14. Members of the Board of Directors are appointed
     of Directors' Diversity Policy is outlined in this                   for a period starting from the closing of the GMS
     Annual Report on page 788.                                           or the date determined by the GMS appointing
  5. Members of the Board of Directors are appointed                      them and ending at the close of the 5th (fifth)
     and dismissed by the GMS, where the GMS is                           Annual GMS after the date of appointment,
     attended by Series A Dwiwarna shareholders,                          provided that the period cannot exceed 5
     and the GMS resolutions must be approved                             (five) years, taking into account the laws and
     by the Series A Dwiwarna shareholders, taking                        regulations in the fields of Capital Markets and
     into account the provisions in the Articles of                       Banking, but without prejudice to the rights of
     Association. This provision also applies to GMS                      the GMS to dismiss members of the Board of
     held in order to revoke or confirm the decision                      Directors at any time before their term of office
     to temporarily dismiss a member of the Board of                      ends.
     Directors.                                                       15. Such termination takes effect from the closing
  6. Procedures for appointing members of the                             of the GMS unless otherwise determined by the
     Board of Directors refer to OJK regulations                          GMS.
     concerning the Board of Directors and Board of                   16. After their term of office ends, members of the
     Commissioners of Issuers or Public Companies                         Board of Directors can be reappointed by the
     as well as regulations of the Minister of SOE                        GMS for one term of office.
     concerning SOE Organs and Human Resources.                       17. Members of the Board of Directors may resign
  7. Sources of prospective members of the Board of                       from their positions before their term of office
     Directors come from:                                                 ends. In the event that a member of the Board
     a. Former SOE Board of Director;                                     of Directors resigns, the relevant member of the
     b. Board of Commissioners/Supervisory Board                          Board of Directors is obliged to submit a written
         of SOE;                                                          resignation request regarding his/her intentions
     c. Structural     Officials    and      Functional                   to the Company
         Government Officials; or                                     18. The Company is obliged to hold a GMS to decide
     d. Other sources.                                                    on requests for resignation of members of the
  8. The GMS/Minister can appoint candidates                              Board of Directors no later than 90 (ninety) days
     proposed by the Nomination and Remuneration                          after receipt of the resignation letter.
     Committee at the Ministry of SOE to become                       19. Members of the Board of Directors who resign as
     members of the Board of Directors.                                   mentioned above can still be held accountable as
  9. Determination of a person as a member of                             members of the Board of Directors from the time
     the Board of Directors can be done after being
     declared to have passed the Fit and Proper Test


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    of their appointment until the date of approval of                Corporate Activities of State-Owned Enterprises
    their resignation at the GMS.                                     and Regulation of the Minister of State-Owned
20. The term of office of a member of the Board of                    Enterprises No. PER-3/MBU/03/2023 dated March
    Directors ends if:                                                20, 2023 concerning Organs and Human Resources
    a. His/her resignation is effective.                              of State-Owned Enterprises. BNI's succession policy
    b. Deceased;                                                      ensures that potential employees who meet certain
    c. His/her term of office ends;                                   criteria and are included in the Talent Pool will have
    d. Declared bankrupt by the Commercial Court,                     the opportunity to take part in training programs or
        which has permanent legal force, or placed                    activities related to management, business strategy,
        under guardianship based on a court decision;                 strategic planning, business risk and potential
    e. No longer meets the requirements as a                          analysis, operational and financial performance
        member of the Board of Directors based on                     analysis, and various other similar programs.
        the provisions of the Articles of Association                 During the Board of Directors nomination process,
        and statutory regulations;                                    the Board of Commissioners identifies talented
    f. Dismissed by resolution of the GMS at any                      employee candidates from within the Bank by
        time if a member of the Board of Directors:                   considering recommendations from the Nomination
        1) Unable to fulfill the obligations agreed                   and Remuneration Committee, which plays a vital
           upon in the management contract;                           role in ensuring that the nomination and selection
        2) Unable to carry out their duties properly;                 process runs transparently and in accordance with
        3) Violates the provisions of the Articles of                 rules or ethics. In carrying out the nomination
           Association and/or statutory regulations;                  process for the Board of Directors, BNI can use
        4) Being involved in actions that are                         independent external professional services. As an
           detrimental to the Company and/or the                      implementation, in 2024, BNI collaborated with
           country;                                                   independent professionals, namely Daya Dimensi
        5) Carrying out actions that violate the ethics               Indonesia, to carry out the process of identifying
           and/or propriety that should be respected                  the quality of the Board of Director candidates who
           as the Board of Directors;                                 are in line with the Company's strategic direction,
        6) Resign;                                                    with an Independent Consultant Service fee of IDR
        7) Other reasons deemed appropriate by the                    32,000,000 per candidate. Independent parties carry
           GMS for the interests and objectives of the                out the responsibility to identify potential candidates
           Company.                                                   who meet the desired profile and propose them to
                                                                      shareholders and/or consider candidates proposed
All candidates for members of the Board of Directors                  by shareholders at the GMS. In the final stage,
are proposed by the Board of Commissioners with                       BNI submits a list of names of selected internal
the assistance of the review and selection process                    candidates from the Board of Directors succession
by the Nomination and Remuneration Committee.                         program participants to the Ministry of SOE to
All prospective candidates who will be appointed                      undergo a fit and proper test. [ACGS (B).D.2.2]
as candidates for members of the Bank's Board
of Directors are guaranteed to be someone who                         REMUNERATION PROCEDURES AND
has been declared to have fulfilled the formal                        IMPLEMENTATION
requirements, material requirements, and other
requirements and passed the Fit and Proper Test                       Remuneration Policy
as required by banking and SOE regulations.                           The preparation of the Bank's remuneration policy
Furthermore, the determination of the appointment                     always prioritizes the principle of prudence and
of prospective members of the Bank's Board of                         refers to the laws and regulations that apply to
Directors is carried out in accordance with the                       the banking sector and SOE, including POJK
physical GMS resolution, the Minister's decision as                   No. 45/POJK.03/2015 dated December 23, 2015,
the GMS, and the decision of all shareholders. [ACGS                  and SE OJK No. 40/SEOJK.03/2016 concerning
(B).D.2.2]                                                            the Implementation of Governance in Providing
                                                                      Remuneration for Commercial Banks, Regulation
Board of Directors' Succession Policy [ACGS                           of the Minister of State-Owned Enterprises Number
D.5.3]                                                                PER-3/MBU/03/2023 concerning Organs and Human
In order to maintain the continuity of the Bank's                     Resources of State-Owned Enterprises and POJK
leadership in the future, BNI has and implements a                    No. 17 of 2023 concerning Implementation of
succession policy for the Board of Directors and/or                   Governance for Commercial Banks.
Senior Management, which has been aligned with
Minister of State-Owned Enterprises Regulation No.                    BNI's Remuneration Policy is regulated in the
PER-2/MBU/03/2023 dated March 3, 2023 concerning                      Good Corporate Governance Policy, Company
Guidelines for Governance and Significant


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  Guidelines No. IN/097/CMP/001 dated August 28,                         b. Maintaining the health of the Bank individually.
  2024, which has been updated and approved by                           c. Mitigating excessive risk taking by decision-
  the Board of Commissioners through BNI Board of                            makers.
  Commissioners Letter No. DK/237 dated December                      5. Determination of income in the form of salary or
  31, 2024, which generally regulates:                                   honorarium, allowances, and permanent facilities
  1. The remuneration structure includes at least a                      is carried out by considering risks, business
     remuneration scale based on level and position,                     scale factors, business complexity factors,
     as well as remuneration components, and                             inflation rates, company financial conditions and
  2. Methods and mechanisms for determining                              capabilities, and other relevant factors, and must
     remuneration for the Board of Directors, Board                      not conflict with legislation.
     of Commissioners, and Bank employees.                            6. Variable remuneration in the form of tantiem/
                                                                         performance incentives/Long Term Incentives
  BNI always applies the principles of good governance                   (LTI), which consider, among other things,
  in terms of providing remuneration by considering                      risk, performance factors, and the Company's
  various aspects, namely:                                               financial capabilities, as well as other relevant
  1. Creating effective risk management;                                 factors.
  2. Bank financial stability;                                        7. Implementation         of     deferred      variable
  3. Adequacy and strengthening of Bank capital;                         remuneration (Malus) or withdrawing variable
  4. Short-term and long-term liquidity needs; and                       remuneration that has been paid (Clawback) to
  5. Potential income in the future.                                     officials classified as Material Risk Takers (MRT),
                                                                         in accordance with the provisions of Article
  REMUNERATION POLICY SCOPE                                              26 POJK No. 45/POJK.03/2015 concerning the
                                                                         Implementation of Governance in Providing
  The Bank provides remuneration to the Board                            Remuneration for Commercial Banks. Malus and/
  of Directors, the Board of Commissioners, and                          or Clawback against MRT is applied in the case
  employees in the form of:                                              of: [ACGS D.3.13]
  1. Fixed remuneration, namely remuneration that                        a. It is legally proven that there was abuse of
     is not linked to performance and risk, including                        position and/or authority and/or committing a
     basic salary, facilities, housing allowance,                            criminal act by the recipient of the suspended
     health allowance, education allowance, holiday                          Tantiem, which resulted in losses for the
     allowance, and pension. Determination of                                Company.
     remuneration must always consider business                          b. Restatement of the Company's financial
     scale, business complexity, peer group, inflation                       statement, which is the basis for determining
     rate, condition, and financial capacity and does                        the award of Tantiem.
     not conflict with applicable laws and regulations.                  c. The risk rating in the last quarter before the
  2. Variable remuneration, namely remuneration                              implementation of the suspended Tantiem
     that is linked to performance and risk, including                       was 4 (Moderate to High) or worse.
     bonuses or other equivalent forms. Variable                         d. The Annual GMS decided to reject the
     remuneration is carried out to encourage prudent                        responsibility of the Board of Directors and/
     risk taking.                                                            or the Board of Commissioners for the
                                                                             Company's performance for the financial year
  Remuneration Policy Linked to Risk                                         as decided at the Annual GMS
  The Remuneration Policy prepared in the context of                     e. Other considerations deemed important by
  creating effective risk management is reflected in:                        the GMS.
  1. Application of the prudent principle in providing
     remuneration.                                                    Determination of Material Risk Takers (MRT)
  2. The role of the Board of Commissioners in                        Determination of Material Risk Takers (MRT) is
     supervising the implementation of remuneration                   categorized as follows:
     policies.                                                        1. Material Risk Takers (MRT) can be determined
  3. The role of the Board of Commissioners in                           using qualitative methods according to the
     carrying out regular evaluations of remuneration                    portion of responsibility that influences the
     policies.                                                           main risk profile, which will be determined
  4. Risk-linked remuneration policy aims to:                            in accordance with the risk profile evaluation
     a. Prevent the emergence of moral hazard                            determined by the Company every year.
         and prioritize prudential elements in bank
         management.




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   Determining the MRT category can also be                     1. Suspension of variable remuneration with the
   done quantitatively through a comparison of                     following conditions:
   variable remuneration between MRT and non-                      a. For parties designated as MRT, part of the
   MRT employees, taking into consideration                            variable remuneration will be deferred.
   the performance and risk level of the position                  b. The amount of suspension for MRTs who are
   concerned.                                                          members of the Board of Directors and Board
                                                                       of Commissioners is a minimum of 10%.
BNI appointed members of the Board of                           2. The suspension (malus) or withdrawal (clawback)
Commissioners, the Board of Directors, and Senior                  policy determination applies if the following
Executive Vice President (SEVP) as MRT.                            conditions occur:
                                                                   a. It is proven that there is Individual Fraud.
REMUNERATION LINKED TO RISK AND                                    b. Restatement of the company's financial
PERFORMANCE [ACGS C.3.3 (B).B.1.5, (B).B.1.6]                          statement, which is the basis for determining
BNI implements a competitive and fair remuneration                     variable remuneration.
scheme while still paying attention to achieving                   c. The risk rating in the last quarter before the
short-term and long-term Bank performance targets                      payment of deferred variable remuneration
and considering relevant risk profiles, compliance,                    is 4 (Moderate to High) or worse. [ACGS D.3.13,
and the application of GCG principles in all aspects                  (B).B.1.6]
of the Bank's business and operations. The Bank's
performance assessment is determined through                    In addition to paying attention to risk, determining
an approach to achieving Key Performance                        remuneration also pays attention to performance,
Indicators (KPI) as the basis for the Bank's                    the implementation of which is carried out through:
consideration in determining the remuneration                   1. Determination of increases in remuneration for
of the Board of Commissioners and the Board                        the Board of Directors, Board of Commissioners,
of Directors. By considering the KPI results, the                  and employees considers the previous year's
Nomination and Remuneration Committee provides                     performance evaluation.
recommendations to the Board of Commissioners                   2. Determination      of     variable  remuneration
regarding the amount of remuneration that                          considering the achievement of Key Performance
members of the Bank's Board of Commissioners                       Indicators (KPI) of at least 80%.
and the Board of Directors should receive. These
recommendations are then submitted by the Board                 Variable Remuneration for the Board of
of Commissioners to shareholders through the GMS                Commissioners, the Board of Directors and
to obtain approval.                                             Employees
                                                                Variable remuneration is remuneration that is linked
In addition to focusing on achieving performance,               to performance and risk, which is given in the form
the Bank also always pays attention to the                      of bonuses or other equivalent forms.
principle of prudence, which aims to encourage                  1) Form and Reasons for Selecting Variable
prudent risk taking in order to maintain the Bank's                Remuneration
business continuity in the long term. Therefore, BNI               Variable compensation determined based on
implements a risk-based remuneration system by                     performance achievements, namely as follows:
determining Material Risk Takers (MRT) and also                    1. Short Term Incentives
implementing a deferred remuneration payment                          Short Term        Incentives   are    variable
scheme. The main types of risk in the remuneration                    compensation promised by the Company
policy are adjusted to a review of the Bank's risk                    at the beginning of the year to members
profile, which is determined annually by observing                    of the Board of Directors and Board of
market    conditions,    industrial  developments,                    Commissioners as well as employees.
performance, certain positions, and the Bank's                        Short-Term Incentives aim to encourage
financial capabilities. This main risk profile has                    the motivation of members of the Board of
an impact on the implementation of variable                           Directors and Board of Commissioners as well
remuneration. Regarding this policy, BNI carries out                  as employees, providing direct rewards for
regular evaluations and studies in accordance with                    achieving and exceeding individual targets,
business needs and developments in the banking                        work unit targets, and company targets.
industry.                                                          2. Long Term Incentives
                                                                      Long Term Incentives, hereinafter referred to
The implementation of Bank remuneration is linked                     as LTI, is income provided by the Company to
to performance and risks, including:                                  members of the Board of Directors and Board
                                                                      of Commissioners whose performance and
                                                                      governance have approached international
                                                                      best practices.


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      3. Bonuses                                                      d. Realization of Distribution of People's Business
         Bonuses are variable compensation that                          Credit (KUR).
         is not promised by the Company. Bonuses                      e. Sustainability Credit (Green Financing).
         are given to employees in order to provide
         appreciation for the Company's performance                   Independent Monitoring of Remuneration
         achievements.                                                Policy Implementation
                                                                      In order to ensure the independence of remuneration,
  2) Reasons for differences in variable remuneration                 BNI assigns internal audit function implementers
     given to employees:                                              to carry out control or supervision functions over
     1. BNI applies the Position Group concept,                       the implementation of remuneration policies. The
        which consists of Support, Business, and                      implementation of remuneration policies is also
        Marketer Advisor. The provision of variable                   audited by external auditors.
        remuneration will differ between job groups,
        which is adjusted to a constant amount per                    Remuneration Policy Review
        position group in question.                                   Management periodically conducts reviews of the
     2. The Company provides greater variable                         employee remuneration and welfare system. The
        compensation for marketers due to the                         assessment is carried out by considering business
        following:                                                    scale factors, business complexity factors, inflation
        a) Marketers are profit makers.                               rates, company financial conditions and capabilities,
        b) Encourage      marketers       to  exceed                  and including generally accepted income levels in
            predetermined targets.                                    similar industries.
        c) Appreciation for marketers.
                                                                      External Consulting Services and Consultant
  The factors causing differences in variable                         Duties Related to Remuneration Policy [ACGS
  compensation are based on considerations of                         (B).D.3.1]
  performance and competency achievements,                            BNI uses independent consultants in the field of
  including work unit performance and company                         remuneration for the Board of Commissioners, the
  performance.                                                        Board of Directors and Employees to obtain data
                                                                      on the position of remuneration relative to market
  Guaranteed Variable Remuneration Without                            conditions. In 2024, BNI used Willis Tower Watson
  Conditions for Candidates for Board of                              Indonesia consultants to prepare a review of
  Commissioners, Candidates for Board of                              remuneration policies and structures. The study was
  Directors, and/or Candidates for Employees                          carried out by paying attention to the Company's
  There is no variable remuneration that is                           internal and external conditions, including BNI and
  unconditionally guaranteed by BNI to prospective                    industry performance.
  Board of Directors, prospective Board of
  Commissioners, and/or prospective employees                         Procedure for Determining Remuneration
  during the first 1 (one) year of employment.                        for the Board of Commissioners and the
                                                                      Board of Directors
  Remuneration Policy Linked to Company                               The remuneration of the Board of Commissioners
  Sustainability Performance                                          and the Board of Directors is determined by the
  Remuneration for the Board of Directors and                         GMS, first through the following procedures:
  the Board of Commissioners is determined by                         1. An independent remuneration consultant
  considering Environmental, Social, and Governance                      prepares a study of the structure and nominal
  (LST) aspects. In 2024, the remuneration of the                        remuneration based on market data and
  Board of Directors and Board of Commissioners is                       considering the provisions of laws and
  linked to the achievement of the Board of Directors'                   regulations, then submits it to the Nomination
  KPIs for 2024, which include:                                          and Remuneration Committee (KNR).
  a. ESG Rating, which includes, among others:                        2. The results of the independent consultant's study
      1) Financing environmental impact                                  are discussed at the KNR Meeting, and then
      2) Consumer financial protection                                   recommended to the Board of Commissioners.
      3) Human capital development                                    3. KNR recommendations are discussed at the
      4) Access to finance                                               Board of Commissioners Meeting.
      5) Privacy and data security                                    4. Remuneration proposals are submitted by the
      6) Corporate governance                                            Board of Commissioners to Series A Dwiwarna
      7) Corporate behaviour                                             Shareholders to be proposed on the GMS
  b. Social and Environmental Responsibility (TJSL).                     agenda.
  c. Averaged diversity in nominated talent (women
      and young).


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5. The GMS gives approval to the proposed Remuneration for the Board of Directors and Board of
   Commissioners and/or gives authority and power to Series A Dwiwarna Shareholders to determine the
   remuneration of members of the Board of Commissioners, and approves the granting of authority and
   power to the Board of Commissioners by first obtaining written approval from the Series A Dwiwarna
   Shareholders to determine the Board of Directors' Remuneration. [ACGS D.3.12]
6. In the event that the GMS gives authority, the Series A Dwiwarna Shareholders determine the
   Remuneration of the Board of Commissioners and the Board of Directors.
7. By taking into account the GMS resolution, the Board of Commissioners determines the Remuneration for
   the Board of Directors based on the determination of Remuneration by Series A Dwiwarna Shareholders.

Remuneration Policy for the Board of Commissioners and the Board of Directors
1. The income of the Board of Directors and the Board of Commissioners is determined by the GMS.
2. Determination of income in the form of salary or honorarium, allowances, and permanent facilities is
   carried out by considering business scale factors, business complexity factors, inflation rates, company
   financial conditions and capabilities, and other relevant factors, and must not conflict with statutory
   regulations.
3. The determination of income in the form of variable tantiem/performance incentives/Long Term
   Incentives (LTI) (merit rating) is carried out by considering the Company's performance factors and
   financial capabilities, as well as other relevant factors, including the generally accepted level of income
   in the similar industry.

Indicators for Determining Remuneration for the Board of Commissioners and the Board of
Directors
Based on SOE Ministerial Regulation No. PER-3/MBU/03/2023 concerning Organs and Human Resources of
State-Owned Enterprises, determining the remuneration of the Board of Commissioners must consider the
following indicators:
1. Business scale factor.
2. Business complexity factor.
3. Inflation rate.
4. The Company's financial condition and capabilities; and
5. Other relevant factors, and must not conflict with statutory regulations.

Board of Commissioners Remuneration Structure [ACGS C.3.1, C.3.2]
The determination of remuneration components for members of the Bank's Board of Commissioners refers
to the provisions of SOE Ministerial Regulation No. PER-3/MBU/03/2023 concerning Organs and Human
Resources of State-Owned Enterprises and Letter of the Minister of BUMN No.SR-200/MBU/04/2024 dated
April 3, 2024 concerning the Determination of the Income of the Board of Directors and the Board of
Commissioners of PT Bank Negara Indonesia (Persero) Tbk in 2024. Disclosure of the types of remuneration
and facilities that the Bank's Board of Commissioners is entitled to receive is explained as follows:




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  Remuneration Structure for the Board of Commissioners
         Type of
                                                                              Description
    Remuneration/Facility
   Honorarium
   Honorarium                   • President Commissioner is 45% of the President Director’s salary;
   Composition                  • Vice President Commissioner at 42.5% of the President Director’s salary;
                                • Commissioners amounting to 90% of the President Commissioner’s honorarium.
   Allowances
   Religious Holiday            The Board of Commissioners is given a holiday allowance of 1 (one) times the honorarium.
   Post-employment              •   Given during office (from effective appointment until termination);
   Insurance                    •   The premium borne by the Company is 25% (twenty five percent) of salary in one year;
                                •   Selection of programs for post-service insurance is determined by the Board of Directors and
                                    Board of Commissioners, coordinated by the unit that manages facilities and benefits for
                                    members of the Board of Directors and Board of Commissioners;
                                •   Premiums, contributions or other relevant terms for post-service insurance include premiums for
                                    accident and death insurance.
   Transportation               The Board of Commissioners is given a transportation allowance of 20% (twenty percent) of the
                                honorarium.
   Facilities
   Health                       •   Health facilities are provided in the form of health insurance or reimbursement for medical
                                    expenses
                                •   Health facilities are provided in the form of:
                                    i.		Health insurance program administered by the Social Security Administering Agency;
                                    ii.		Outpatient care and medication;
                                    iii. Hospitalization and medication;
                                    iv.		 Medical check-up.
                                •   Health facilities are provided to members of the Commissioners as well as husband/wife and a
                                    maximum of 3 (three) children who have not reached the age of 25 (twenty five) years, provided
                                    that the child who is not yet 25 (twenty five) years old has ever been married or If you have ever
                                    worked, the person concerned is not entitled to health facilities.
                                •   In the event that the treating doctor provides a referral for treatment abroad, health facilities can
                                    be provided in full or in part by taking into account the company’s financial capabilities.
                                •   Medical check-ups are provided with the following conditions:
                                    i.		medical check-up is given 1 (one) time every year; and
                                    ii.		medical check-ups are carried out within the country.




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     Type of
                                                                         Description
Remuneration/Facility
Legal Aid                •   Legal assistance facilities are provided to members of the Board of Commissioners in the event that
                             actions/deeds occur for and on behalf of the position of members of the Board of Commissioners
                             which are related to the aims and objectives and business activities of the Company.
                         •   Legal assistance facilities are provided by taking into account the principles of fairness,
                             transparency and accountability in accordance with applicable regulations, as well as taking into
                             account the Company’s financial capabilities.
                         •   Legal aid facilities are provided in the form of:
                             i. financing legal services which includes the process of providing information, examining
                                  witnesses, suspects and defendants in judicial institutions until obtaining a decision that has
                                  permanent legal force, and preparation of related documents relating to this process;
                             ii. financing legal services as a witness or defendant in legal disputes in judicial institutions until
                                  obtaining a decision that has permanent legal force, and preparation of related documents
                                  relating to this process; and
                             iii. transportation and accommodation costs in connection with the legal process.
                         •   Legal aid facilities can be charged to the Company only for 1 (one) legal service provider for 1
                             (one) specific case.
                         •   The appointment of legal service providers is carried out by the Company in accordance with the
                             provisions for the procurement of goods and services that apply to the Company.
                         •   In the event that a member of the Board of Commissioners uses a legal service provider of their
                             own choice or is involved in the process of appointing a legal service provider, whether at the
                             level of inquiry/investigation, court of first instance, appeal, cassation or judicial review, the costs
                             of the attorney/legal consultant are not borne/reimbursed by the Company.
                         •   In the event that a member of the Board of Commissioners is acquitted/declared not guilty by a
                             court with a decision that has permanent legal force, then the legal aid facilities are at the expense
                             of the Company.
                         •   As long as the legal matter does not yet have permanent legal force, the retirement insurance for
                             the Commissioner in question is not paid and is placed in a special account as collateral for the
                             legal costs incurred by the Company.
                         •   The Company does not provide legal assistance facilities in the event that members of the Board
                             of Commissioners become witnesses, suspects or defendants due to criminal proceedings or
                             defendants due to proceedings other than criminal cases reported by:
                             i. Company;
                             ii. State, as a legal entity or state institution or government institution; or
                             iii. Certain parties determined by the GMS/Minister;
                         •   Commissioners who use legal aid facilities must provide a duly stamped statement explaining
                             the following:
                             i. that the capacity of Commissioners in certain cases is not an individual;
                             ii. willing to use post-service insurance as collateral for legal costs incurred by the Company;
                             iii. willing to return the costs incurred for providing legal aid facilities to the Company if it is
                                  proven that the capacity of the member of Commissioners concerned in the case is as an
                                  individual; and
                             iv. willing to replace/refund the costs incurred by the company if a member of the Commissioner
                                  is found guilty by a court with a decision that has permanent legal force.
                         •   The Company must provide legal assistance facilities to former members of the Commissioners
                             in the event of legal problems arising because the person concerned carries out actions/deeds for
                             and on behalf of their position relating to the aims and objectives and business activities of the
                             Company, which they carried out while the person concerned served as a member of the Board
                             of Commissioners.
                         •   Provisions regarding the provision of legal aid facilities, mutatis mutandis apply to the provision
                             of legal aid facilities for former Commissioners.
                         •   Procedures for legal assistance for members of the Board of Commissioners are carried out in
                             accordance with applicable laws and regulations, in particular the Regulation of the Minister of
                             State for State-Owned Enterprises which regulates Guidelines for Determining the Income of
                             Directors, Board of Commissioners and Supervisory Boards of State-Owned Enterprises.




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  Total Nominal and Components of Remuneration for the Board of Commissioners [ACGS C.3.1,
  C.3.2]
  Disclosure of remuneration components for the Board of Commissioners is guided by SE OJK No. 40/
  SEOJK.03/2016 concerning the Implementation of Governance in Providing Remuneration for Commercial
  Banks and the results of the 2024 Annual GMS resolution, which stipulates that members of the BNI Board
  of Commissioners are entitled to a certain amount of remuneration consisting of honorarium, transportation
  allowance, holiday allowance, and other facilities such as health facilities and post-service insurance.
  Detailed information regarding the remuneration structure and other facilities received by members of the
  BNI Board of Commissioners in 2024 is as follows:

                                                                  Remuneration                                      Other Facilities in the Form of Nature          Total
                                                                                                      LTI     Housing Transportation                Health         [ACGS
   No.     Name         Position                    Holiday   Housing Transportation                                                 Post-Service
                                      Honorarium                                       Tantiem    Allocation (cannot be (cannot be                (cannot be        D.3.2,
                                                   Allowance Allowance Allowance                                                      Insurance                     D.3.4]
                                                                                                 (2024-2026) owned)       owned)                    owned)

    1 Pradjoto       President
                     Commissioner/
                     Independent
                     Commissioner

    2 Pahala         Vice President
      Nugraha        Commissioner
      Mansury

    3 Sigit    Independent
      Widyawan Commissioner

    4 Askolani       Commissioner

    5 Asmawi         Independent
      Syam           Commissioner

    6 Septian    Independent
      Hario Seto Commissioner

    7 Iman           Independent
      Sugema         Commissioner

    8 Erwin          Independent
      Rijanto        Commissioner
      Slamet

    9 Fadlansyah Commissioner
      Lubis

   10 Robertus       Commissioner
      Billitea

   11 Mohamad Commissioner
      Yusuf
      Permana

           Total (IDR million)         IDR24,950    IDR2,079      -      IDR4,990   IDR172,380 IDR74,830        -            -         IDR4.631        IDR2.878 IDR286.739



  Meanwhile, the remuneration package received by the Board of Commissioners when grouped based on
  income level within 1 (one) year is as follows:

  Group of Total Remuneration for the Board of Commissioners
                     Total Remuneration per Person                                      Total Commissioner                                  IDR million
   > Rp2 billion                                                                                    11                                         286.739
   > Rp1 billion – Rp2 billion                                                                       -                                             -
   > Rp500 million – Rp1 billion                                                                     -                                             -
   < Rp500 million                                                                                   -                                             -




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In detail, the remuneration structure and facilities for members of the Board of Commissioners are as follows:

Remuneration and Facilities Packages Received by the Board of Commissioners
                                                                                              Amount Received in 1 (one) Year
                             Type of Remuneration and Facility                                    Board of Commissioners
                                                                                                Person                     IDR million
a. Salary, bonus, regular allowance, tantiem, and other facilities in the form of                   11                      204.400
   non-natura
b. Long Term Incentives (LTI) Allocation 2024-2026                                                  11                        74.830
Other Facilities in the Form of Nature (housing, Health insurance, and etc.):
a. Can be Owned                                                                                     11                         4.631
b. Cannot be Owned                                                                                  11                         2.878
                                                                                   Total            11                      286.739



Fixed Remuneration for the Board of Commissioners
                             Fixed Remuneration                                     Person                  Net (IDR million)
1.       Cash                                                                         11                          36.651
2.       Shares/share-based instruments issued by the Bank                            11                               -


Variable Remuneration for the Board of Commissioners
a. Short Term Incentives (Tantiem) [ACGS C.3.3]
   In 2024, the Bank has paidTantiem to the Board of Commissioners amounting to 2.76% (two-point seventy-
   six percent) of the Bank's net profit for the period January 1, 2023-December 31, 2023. The Tantiem is
   distributed to members of the Board of Commissioners in proportion to the basis for calculating the
   President Director, namely, the President Commissioner at 45%, Deputy President Commissioner at
   42.5%, and other Commissioners at 90% of the President Commissioner's tantiem. In order to comply
   with Article 23 POJK No. 45/POJK.03/2015 concerning the Implementation of Governance in Providing
   Remuneration for Commercial Banks, the Bank has paid Tantiem for the performance of the 2023 financial
   year amounting to 20% (twenty percent) of the total Tantiem paid as Deferred Variable Remuneration to
   the parties who are Material Risk Takers (MRT).

     Tantiem in the form of deferred variable remuneration for MRT, in this case to members of the Non-
     Independent Board of Commissioners, is given in the form of BNI shares, while to members of the
     Independent Commissioners, it is given in cash in the form of deposits. In accordance with applicable
     regulations, the Bank can postpone the payment of deferred Variable Remuneration (malus) or withdraw
     Variable Remuneration that has been paid (clawback) to parties who become MRTs under certain
     conditions. [ACGS D.3.13]

                                                                          Amount Received in 1 (one) Year
           Variable Remuneration                                             Board of Commissioners
                                                                 Person                                    IDR million
                     Total                                         11                                       172.380


b. Long Term Incentives
                                                                          Amount Received in 1 (one) Year
     Long Term Incentives (LTI) Allocation                                   Board of Commissioners
                                                                 Person                                    IDR million
                     Total                                         11                                        74.830




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  Board of Directors' Remuneration Structure [ACGS C.3.1, C.3.2]
  The determination of remuneration components for members of the Bank's Board of Directors refers to
  the provisions of Minister of State-Owned Enterprises Regulation No. PER-3/MBU/03/2023 concerning
  Organs and Human Resources of State-Owned Enterprises and Letter of the Minister of SOE No. SR-200/
  MBU/04/2024 dated April 3, 2024 concerning the Determination of the Income of the Board of Directors
  and Board of Commissioners of PT Bank Negara Indonesia (Persero) Tbk in 2024. Disclosure of the types of
  remuneration and facilities that BNI Board of Directors are entitled to receive is explained in the table below:

  Remuneration Structure for Member of the Board of Directors
     Type of
  Remuneration/                                                          Description
     Facility
   Salary
   Salary            •   President Director is 100%;
   Components        •   Vice President Director is 90% of the Salary of President Director;
                     •   Other Directors is 85% of the salary of the President Director.
   Allowances
   Religious         Members of the Board of Directors are given allowance for Religious Holiday for 1 (one) time salary each year.
   Holidays
   Post-             •   Post-employment Insurance, including the insurance program organized by the Employment Social
   Employment            Security Agency, is provided during his/her tenure.
   Insurance         •   The premium borne by the Company is 25% (twenty-five percent) of salary in one year;
                     •   The selection of the program for post-employment insurance is determined by the Board of Directors and
                         the Board of Commissioners coordinated by the unit that manages the facilities and benefits of members
                         of the Board of Directors and the Board of Commissioners;
                     •   The provision of premiums, dues or other relevant terms for post-employment insurance includes
                         premiums for accident and life insurance.
   Housing           Members of the Board of Directors are entitled to a housing allowance including utility costs on a monthly
   Allowance         basis, the amount of which is determined by the Minister, amounting to IDR27,500,000 per month.
   Facilities
   Vehicles          •   Members of the Board of Directors are provided with 1 (one) official vehicle and 1 (one) driver which can be
                         used full time by members of the Board of Directors with overtime pay borne by the Company;
                     •   Vehicle specifications and types are determined by the Company, with a maximum limit of 3,500 cc for oil-
                         fueled vehicles or a maximum limit of 100 kWh for battery electric vehicles.
                     •   Maintenance costs and vehicle operational costs as well as other costs arising in connection with official
                         vehicle facilities are borne by the Company at cost (at cost);
                     •   Members of the Board of Directors who ceased serving are required to return their official vehicles to the
                         Company within a period of no later than 30 (thirty) days.
   Health            •   Health facilities are given in the forms of health insurance or reimbursement of medical expenses;
                     •   Health facilities are provided in the forms of:
                         i.		Health insurance program administered by the Social Security Administering Agency;
                         ii.		Outpatient and medicine;
                         iii. Inpatient and medicine;
                         iv.		Medical check-up, 1 (one) time every year and taken domestically.
                     •   Health facilities are provided to members of the Board of Directors as well as husband/wife and a maximum
                         of 3 (three) children who have not yet reached the age of 25 (twenty five) years, provided that the child who
                         is not yet 25 (twenty five) years old has ever been married or have ever worked, the person concerned is not
                         entitled to health facilities.
                     •   In the event that the treating doctor provides a referral for treatment abroad, The provision of health facilities
                         can be provided in full or in part by taking into account the company’s financial capabilities.
                         i.		Medical check-ups are provided with the following conditions:
                         ii.		Medical check-up is provided 1 (one) time every year; and
                         iii. Medical check-ups are carried out within the country.




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   Type of
Remuneration/                                                       Description
   Facility
Legal Aid       •   Legal assistance facilities are provided to members of the Board of Directors in the event of actions/deeds
                    for and on behalf of the position of members of the Board of Directors which are related to the aims and
                    objectives and business activities of the Company;
                •   Legal aid facilities are provided by taking into account the principles of fairness, transparency and
                    accountability in accordance with applicable regulations, as well as taking into account the Company’s
                    financial capabilities.
                •   Legal aid facilities are provided in the form of:
                    i.		financing legal services which includes the process of providing information, examining witnesses,
                         suspects and defendants in judicial institutions until obtaining a decision that has permanent legal force,
                         and preparation of related documents relating to this process;
                    ii.		financing legal services as a witness or defendant in legal disputes in judicial institutions until obtaining
                         a decision that has permanent legal force, and preparation of related documents relating to this process;
                         and
                    iii. transportation and accommodation costs in connection with the legal process.
                •   Legal aid facilities can be charged to the Company only for 1 (one) legal service provider for 1 (one) specific
                    case.
                •   The appointment of legal service providers is carried out by the Company in accordance with the provisions
                    for the procurement of goods and services that apply to the Company.
                •   In the event that a member of the Board of Directors uses a legal service provider of their own choice or is
                    involved in the process of appointing a legal service provider, whether at the level of inquiry/investigation,
                    court of first instance, appeal, cassation or judicial review, the costs of the attorney/legal consultant are not
                    borne/reimbursed by the Company.
                •   In the event that a member of the Board of Directors is acquitted/declared not guilty by a court with a
                    decision that has permanent legal force, then the legal aid facility is at the expense of the Company.
                •   As long as the legal matter does not yet have permanent legal force, post-service insurance for members of
                    the Board of Directors is not paid and is placed in a special account as collateral for legal costs incurred by
                    the Company.
                •   The Company does not provide legal assistance facilities in the event that members of the Board of Directors
                    become witnesses, suspects or defendants due to criminal proceedings or defendants due to proceedings
                    other than criminal cases reported by:
                    i.		Company;
                    ii.		The State, as a legal entity or State institution or government institution; or
                    iii. Certain parties determined by the GMS/Minister;
                •   Members of the Board of Directors who use legal aid facilities must provide a stamped statement stating the
                    following:
                    that the capacity of members of the Board of Directors in certain cases is not individual;
                    i.		willing to use post-service insurance as collateral for legal costs incurred by the Company;
                    ii.		willing to return the costs incurred for providing legal assistance facilities to the Company if it is proven
                         that the capacity of the member of the Board of Directors concerned in the case is an individual; and
                    iii. willing to replace/refund the costs incurred by the company if a member of the Board of Directors is found
                         guilty by a court with a decision that has permanent legal force.
                •   The company must provide legal assistance facilities to former members of the Board of Directors in the
                    event of legal problems arising because the person concerned carries out actions/deeds for and on behalf of
                    their position relating to the aims and objectives and business activities of the Company, which they carried
                    out while the person concerned served as a member of the Board of Directors.
                •   Provisions regarding the provision of legal aid facilities, mutatis mutandis apply to the provision of legal aid
                    facilities for former members of the Board of Directors.
                •   The legal assistance procedures for Directors are carried out in accordance with applicable laws and
                    regulations, in particular the Regulation of the Minister of State for State-Owned Enterprises which regulates
                    Guidelines for Determining the Income of Directors, Board of Commissioners and Supervisory Board of
                    State-Owned Enterprises.




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  Total Nominal and Remuneration Components of the Board of Directors [ACGS C.3.4]
  Disclosure of the Board of Directors' remuneration components refers to SEOJK No. 40/SEOJK.03/2016
  concerning the Implementation of Governance in Providing Remuneration for Commercial Banks and is
  guided by the results of the 2024 Annual GMS resolution, which stipulates that members of the BNI Board
  of Directors are entitled to a certain amount of remuneration consisting of basic salary, transportation
  allowance, housing allowance, holiday allowance, and other facilities such as health facilities and post-
  service insurance. Detailed information regarding the remuneration structure and other facilities received
  by members of the BNI Board of Directors in 2024 is as follows:

                                                                Remuneration                                       Other Facility in the form of Nature
                                                                                                                                                                Total
                                                                                                                                        Post                   [ACGS
   No.     Name          Position                                                                    LTI     Housing Transportation             Health
                                                  Holiday   Housing Transportation                                                  Employment                  D.3.2,
                                        Salary                                        Tantiem    Allocation (Cannot be Cannot be               Cannot be
                                                 Allowance Allowance Allowance                                                        (can be                   D.3.4]
                                                                                                (2024-2026) Owned)       Owned                  Owned
                                                                                                                                      Owned)

    1 Royke Tumilaar President
                     Director

    2 Putrama Wahju Deputy
      Setyawan      President
                    Director

    3 Novita Widya      Finance
      Anggraini         Director

    4 Corina Leyla      Retail
      Karnalies         Banking
                        Director

    5 David Pirzada     Risk
                        Management
                        Director

    6 Ronny Venir       Network
                        and Services
                        Director

    7 Mucharom          Human
                        Capital and
                        Compliance
                        Director

    8 Toto Prasetio     Technology
                        and
                        Operations
                        Director

    9 I Made            Enterprise
      Sukajaya          and
                        Commercial
                        Banking
                        Director

   10 Hussein Paolo Digital and
      Kartadjoemena Integrated
                    Transaction
                    Banking
                    Director

   11 Agung             Wholesale
      Prabowo           and
                        International
                        Banking
                        Director

   12 Munadi            Institutional
      Herlambang*       Banking
                        Director

           Total (IDR million)          IDR57,408 IDR4,784   IDR3,960       -        IDR403.965 IDR158,925     -        IDR9,192      IDR10,685    IDR2,535 IDR651,454

  * Has not been effective




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                                                                                                              PT Bank Negara Indonesia (Persero) Tbk
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Meanwhile, the remuneration package received by the Board of Directors when grouped based on income
level within 1 (one) year is as follows:

Group Total Board of Directors Remuneration
        Total Remuneration per Person                         Total Directors                                     IDR million
> Rp2 billion                                                        12                                             651.454
> Rp1 billion – Rp2 billion                                              -                                              -
> Rp500 juta – Rp1 billion                                               -                                              -
< Rp500 million                                                          -                                              -


In detail, the remuneration structure and facilities for members of the Board of Directors are as follows:

Group of Total Remuneration of the Board of Directors
                                                                              Amount Received in 1 (one) Year
     Type of Remuneration and Facilities                                                Board of Directors
                                                               Person                                             IDR million
a. Salary, bonus, routine allowance,                                12                                              470.117
   tantiem, and other facilities in non-
   natura form
b. Allocation of Long Term Incentives                               12                                             158.925
   (LTI) in 2024-2026
Other facilities in kind (housing, health insurance, etc.) which:
a. Can be owned                                                     12                                              10.685
b. Cannot be owned                                                  12                                              11.727
                                        Total                       12                                              651.454


Fixed Remuneration for the Board of Directors
                            Fixed Remuneration                                            Person                   Net (IDR million)
1.      Cash                                                                                12                           86.029
2.      Shares/share-based instruments issued by the Bank                                   12                                -


Variable Remuneration for the Board of Directors
a. Short Term Incentives (Tantiem)
   In 2024, the Bank has paid Tantiem to the Board of Directors amounting to 2.76% (two-point seventy-
   six percent) of the Bank's net profit for the period January 1, 2023-December 31, 2023. The Tantiem is
   distributed to members of the Board of Directors in proportion to the basis for calculating the President
   Director, namely the Deputy President Director at 90%, and other members of the Board of Directors
   at 85%. In order to comply with Article 23 POJK No. 45/POJK.03/2015 concerning the Implementation
   of Governance in Providing Remuneration for Commercial Banks, the Bank has paid Tantiem for the
   performance of the 2023 financial year amounting to 20% (twenty percent) of the total Tantiem paid as
   Deferred Variable Remuneration to the parties who are Material Risk Takers (MRT).

     Tantiem in the form of variable remuneration, which is deferred to MRT, in this case to members of
     the Board of Directors, is given in the form of BNI shares. In accordance with applicable regulations,
     the Bank can postpone the payment of deferred Variable Remuneration (malus) or withdraw Variable
     Remuneration that has been paid (clawback) to parties who become MRTs under certain conditions. [ACGS
     D.3.13]




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                                                                                  Amount Received in 1 (one) Year
             Variable Remuneration
                                                                        Person                                      IDR million
                       Total                                             12                                           403,965



  b. Long Term Incentives
                                                                                  Amount Received in 1 (one) Year
      Long Term Incentives (LTI) Allocation
                                                                        Person                                      IDR million
                       Total                                             12                                           158,925




  Stock Options Owned by the Board of Commissioners, the Board of Directors, and Executive
  Officers
  Throughout 2024, there were no BNI share options held by members of the Board of Commissioners, the
  Board of Directors, and Executive Officers.

  Variable Remuneration for Employees
  a. Annual Bonus and Discretionary Bonus
                                                                                  Amount Received in 1 (one) Year
             Variable Remuneration
                                                                        Person                                      IDR million
                       Total                                            25.682                                       1,205,880


  b. Employee Stock Allocation (ESA) and Retention Program
                                                                                  Amount Received in 1 (one) Year
      Long Term Incentives (LTI) Allocation
                                                                        Person                                      IDR million
                       Total                                            1,138                                         101,847


  Fixed Remuneration for MRT
                                                                                                  Fixed Remuneration
    No                             MRT Party
                                                                                 Cash (IDR Million Net)           Shares (IDR Million Net)
     1    Board of Commissioners                                                         36.651                                 -
     2    Board of Directors                                                             86.029                                 -
     3    SEVP                                                                           21.423                                 -




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Variable Remuneration for MRT for 1 (one) Year (2024)
                                                                                           Variable Remuneration
                                                                       Non Deferred                                          Deferred
 No                      MRT Party
                                                               Cash                                              Cash
                                                                                          Shares                                          Shares
                                                            (Rp Million)                                      (Rp Million)
  1     Board of Commissioners
        a. Independent Commissioner                             57.161                      -                    14.290                          -
        b. Non Independent Commissioner                         34.119                      -                         -                  1.762.932
  2     Board of Directors                                     213.201                      -                           -                11.016.022
  3     SEVP                                                    23.125                                            5.781                  2.781.806


Quantitative Information for Parties in the Material Risk Takers (MRT) Category
BNI designated members of the Board of Commissioners, the Board of Directors, and Senior Executive
Vice President (SEVP) as Material Risk Takers (MRT). Quantitative information regarding the total remaining
deferred remuneration that is exposed to both implicit and explicit adjustments, the total reduction in
remuneration due to explicit adjustments during the reporting period, and the total reduction in remuneration
due to implicit adjustments during the reporting period is as follows:

                                                       2024                                                            2023
                                                       Total Deduction During                                          Total Deduction During
                                                          Reporting Period                                                Reporting Period
    Types of Variable
     Remuneration               Deferred        Due to           Due to                          Deferred       Due to           Due to
                               Remaining        Explicit        Implicit         Total          Remaining       Explicit        Implicit         Total
                                              Adjustment      Adjustment        (A)+(B)                       Adjustment      Adjustment        (A)+(B)
                                                  (A)             (B)                                             (A)             (B)
 Board of Commissioners and Board of Directors
 Cash (IDR million)        IDR14,290               -               -              -         IDR2,786               -                 -             -
 Shares/Share-based        12,778,954              -               -              -         2,421,468              -                 -             -
 instruments issued by     shares                                                           shares
 the Bank (in number
 of shares and nominal
 amount of million
 Rupiah representing
 the conversion of
 such shares)
 SEVP
 Cash (IDR million)        -                       -               -              -         -                      -                 -             -
 Shares/Share-based        2,781,806               -               -              -         385,320                -                 -             -
 instruments issued by     shares                                                           shares
 the Bank (in number
 of shares and nominal
 amount of million
 Rupiah representing
 the conversion of
 such shares)
BNI implements Malus and Clawback policies on variable remuneration given to parties categorized as MRTs. There was no reduction in remuneration in the
reporting period of 2024 and 2023 due to the absence of Clawback triggers for each MRT which caused a reduction in Remuneration.




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  Highest and Lowest Salary Ratio
  BNI pays attention to the principle of justice by continuing to strive for competitive remuneration to attract
  and retain the best talent. BNI's remuneration policy has been adapted to applicable laws and regulations.
  The following is the ratio of the highest and lowest salaries at BNI:

                                              Subject                                               2024                  2023
   Highest and lowest Board of Commissioners salary ratio                                          1.11:1                1.11:1
   Highest and lowest Board of Directors salary ratio                                              1.18:1                1.18:1
   Highest Board of Directors salary ratio and highest employee salary ratio                       2.53:1                2.50:1
   Highest and lowest employee salary ratio                                                        38.29:1               38.18:1


  Total Severance Pay Given to Employees Affected by Termination of Employment and Total
  Nominal Severance Pay Paid
  In 2024, a number of employees were terminated because they have reached retirement age or applied for
  early retirement at their own request. In this regard, the Bank has paid nominal severance pay in accordance
  with the applicable statutory provisions with the following description:

    No.                     Nominal amount of severance pay                                         Total Employee
     1.   > Rp1 billion                                                                                5 persons
    2.    > Rp500 million - Rp1 billion                                                               16 persons
    3.    < Rp500 million                                                                           949 persons




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Diversity of the Board of Commissioners
and the Board of Directors                                                    [ACGS (B)E.1.2]




BOARD OF COMMISSIONERS AND BOARD                                DIVERSITY IN THE COMPOSITION
OF DIRECTORS DIVERSITY POLICY                                   OF MEMBERS OF THE BOARD OF
                                                                COMMISSIONERS
Diversity in the Board of Commissioners and the
Board of Directors is an important pillar in good               Aspects of diversity in the composition of members of
corporate governance practices. By creating a                   the Board of Commissioners include, among others:
combination of characteristics in top management,               1. Education/skills/work experience, having at least:
it is expected that it will further enrich the Board of             a. 1 (one) member who has an educational
Directors’ perspective in formulating appropriate                      background/expertise/work experience in the
and effective business strategies amidst the rapid                     field of economics/business/finance;
challenges of the financial industry, as well as                   b. 1 (one) member who has educational
support objective discussions and decision-making,                     background/skills/work experience in the
in line with the company’s goals and long-term                         banking industry;
strategy. The General Meeting of Shareholders has                  c. 1 (one) member who has an educational
appointed members of the Board of Directors and                        background/expertise/work experience in the
Board of Commissioners with a diverse composition                      field of risk management.
based on age, educational background, expertise,                2. Gender
work experience, and gender. [ACGS D.4.6]                          Considering the gender diversity of members of
                                                                   the Board of Commissioners, with at least 1 (one)
BNI has a Diversity Policy for the Board of                        member of the Board of Commissioners being
Commissioners and the Board of Directors, which is                 female.
prepared based on provisions in the fields of Capital           3. Age
Markets, Banking, and international best practices.                a. The majority of members of the Board
Good Corporate Governance Policy, Company                              of Commissioners are over 50 years old
Guidelines No. IN/097/CMP/001 dated August 28,                         (experienced and mature).
2024, which has been updated and approved by                       b. There are members of the Board of
the Board of Commissioners through a Letter from                       Commissioners aged less than 50 years old
the BNI Board of Commissioners No. DK/237 dated                        (young leader).
December 31, 2024 regulates that the replacement                4. Independence
and/or appointment of members of the Board of                      a. At least 50% (fifty percent) of the members of
Commissioners and the Board of Directors prioritizes                   the Board of Commissioners are Independent
professional composition, independence, suitability                    Commissioners.
of competence, and pays attention to diversity in                  b. Former members of the Board of Directors
terms of education (field of study), work experience,                  or Executive Officers or parties who have a
age, expertise and representation of female, without                   relationship with the Bank who may influence
distinction of ethnicity, religion and race, which is                  the person’s ability to act independently must
required appropriately in carrying out the duties                      undergo a cooling-off period of at least 1
and responsibilities of the Board of Directors and                     (one) year prior to becoming an Independent
Board of Commissioners. The diversity policy is                        Commissioner.
intended to be a reference in the succession policy
for members of the Board of Directors and Board of              DIVERSITY IN THE COMPOSITION OF
Commissioners, ensuring that BNI has a talent pool              BOARD OF DIRECTORS MEMBERS
that is in line with the diversity policy targets for the
composition of the Board of Directors and Board of              Aspects of diversity in the composition of members
Commissioners.                                                  of the Board of Directors include, among others:
                                                                1. Education/skills/work experience, having at least:
                                                                    a. 1 (one) member who has an educational
                                                                       background/expertise/work experience in the
                                                                       field of economics/business/finance;
                                                                    b. 1 (one) member who has educational
                                                                       background/skills/work experience in the
                                                                       banking industry;
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     c. 1 (one) member who has an educational                                Directors are over 50 years old (experienced
        background/expertise/work experience in the                          and mature).
        field of risk management.                                         b. There are members of the Board of Directors
  2. Gender                                                                  aged less than 50 years (young leaders).
     Considering the gender diversity of members                       4. Independence
     of the Board of Directors, with at least 1 (one)                     The majority of members of the Board of
     member of the Board of Directors being female.                       Directors are parties who are independent of the
  3. Age                                                                  Bank’s controlling shareholders.
     a. The majority of members of the Board of

  ACHIEVEMENTS OF THE BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS’
  COMPOSITION DIVERSITY POLICY [ACGS (B).D.1.2]

  In general, the composition of members of BNI’s Board of Commissioners and Board of Directors in 2024
  has fulfilled the diversity aspect as regulated in statutory regulations and the Diversity Policy for the Board
  of Commissioners and the Board of Directors.

  Achievements of Diversity in the Composition of Members of the Board of Commissioners
                                                         Objectives                                                    Achievement
   Work         Diverse work experience, including:
   experience   1. Experience in economics/business:
   [ACGS D.4.6]     Experienced as a Member of the National Economic Council of the Republic of Indonesia,
                    Executive Director of the Macroprudential Policy Department of Bank Indonesia, lecturer in
                    the fields of economics, business, and public policy planning, Board of Director/Board of
                    Commissioners/Executive Officers at non-banking companies, and investment analyst.
                2. Experience in the banking sector:
                    Experienced as a Board of Director/Board of Commissioners/Executive Officer, senior
                    position holder in a bank or other financial services institution, Deputy Governor of Bank
                    Indonesia, Member of the Board of Commissioners of the Deposit Insurance Corporation,
                    banking supervisor, and Supervisory Board.
                3. Experience in Government:
                    Experienced as Deputy Cabinet Secretary, Deputy Minister of SOE, Deputy Minister of
                    Foreign Affairs, Director General at the Ministry of Finance, Deputy Minister of SOE, and
                    Deputy Minister of State Secretariat.
                4. Experience in the field of Risk Management:
                    All members of the Board of Commissioners have Competency Certification in the Field
                    of Banking Risk Management Qualification 6 (six). There are members of the Board of
                    Commissioners who are experienced as members of the Code of Ethics Board of the Risk
                    Management Certification Body.
   Independence There are 6 (six) of the total 11 (eleven) members of the Board of Commissioners who are
                Independent Commissioners.
   Age          The majority of members of the Board of Commissioners are over 50 years old and there is 1
                (one) member of the Board of Commissioners who is less than 50 years old.
   Gender       All members of the Board of Commissioners are men. In carrying out its duties, the Board of
                Commissioners is assisted by Independent Members of the Board of Commissioners Committee
                who are male and female. There are 3 (three) female out of a total of 6 (six) Independent
                Members of the Board of Commissioners Committee.

                    Every proposal for replacement and/or appointment of members of the Board of Commissioners
                    considers the recommendations of the Nomination and Remuneration Committee, which
                    always considers diversity aspects, one of which is related to gender.

  Achievements of Diversity in the Composition of the Board of Directors
                                                          Objectives                                                    Achievement
   Education    The educational levels of members of the Board of Directors are varied, including Bachelor and
                Master levels, with various educational fields such as economics and development studies,
                financial management, business, accounting, risk management, forestry, agriculture, physics,
                engineering, animal husbandry, and agribusiness.
   Work         Members of the Board of Directors have a variety of work experiences, namely as members
   Experience   of the Board of Directors and Board of Commissioners of banks, non-bank financial services
                institutions, and non-financial services companies.
   Independence All members of the Board of Directors are independent parties from the controlling shareholders
                of the Bank and have no affiliation with fellow members of the Board of Directors and Board of
                Commissioners.
   Age          The majority of members of the Board of Directors are over 50 years old, and there are 3 (three)
                members of the Board of Directors who are less than 50 years old.
   Gender       There are 2 (two) members of the Board of Directors who are female out of a total of 12 (twelve)
                members of the Board of Directors.

                                                                                                          2024 Annual Report
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Disclosure of Affiliation Relationships
Among The Board of Commissioners,
Board of Directors, and Controlling
Shareholders
In alignment with the principles of good corporate                     In this annual report, the Bank transparently discloses
governance as stipulated in POJK No. 17 of 2023                        information regarding the affiliation relationships of
regarding the Implementation of Governance for                         the Board of Commissioners and Board of Directors,
Commercial Banks, BNI ensures that all serving                         including:
members of the Board of Commissioners and Board                        1. Affiliation relationships among members of the
of Directors act independently and are free from any                       Board of Directors;
activities that may result in conflicts of interest, which             2. Affiliation relationships between members of the
could impair their ability to perform their duties                         Board of Directors and members of the Board of
professionally, objectively, and independently. This                       Commissioners;
is evidenced by the absence of familial, financial,                    3. Affiliation relationships between members of
or managerial affiliations among members of the                            the Board of Directors and the Major and/or
Board of Commissioners, Board of Directors, and                            Controlling Shareholders;
controlling shareholders. BNI ensures that no                          4. Affiliation relationships among members of the
members of the Board of Commissioners or Board of                          Board of Commissioners; and
Directors have familial relationships up to the third                  5. Affiliation relationships between members of the
degree, whether through direct lineage or collateral                       Board of Commissioners and the Major and/or
lineage, including relationships established through                       Controlling Shareholders.
marriage.


BOARD OF COMMISSIONERS
Disclosure of the independence and affiliation relationships of members of the Board of Commissioners is
presented in the table below:

Affiliated Relationships with Other Members of the Board of Commissioners, Members of the Board of
Directors, and Controlling Shareholders
                                          Family Relationship up to the
                                                                                      Financial Relationship With            Management
                                             Second Degree with
                                                                                                                               Relations
                                                                      Major and                              Major and        with Other
    Name                Position          Board of    Board of                       Board of    Board of
                                                                     Controlling                            Controlling       Companies
                                        Commissioners Directors                    Commissioners Directors
                                                                    Shareholders*)                         Shareholders*)
                                         Yes      No     Yes No      Yes      No      Yes    No     Yes No     Yes   No      Yes     No
 Pradjoto       President
                Commissioner/
                Independent
                Commissioner
Pahala          Vice President
Nugraha         Commissioner
Mansury
Sigit           Independent
Widyawan        Commissioner
Askolani        Commissioner

Asmawi          Independent
Syam            Commissioner
Iman            Independent
Sugema          Commissioner
Septian Hario   Independent
Seto            Commissioner
Erwin Rijanto   Independent
Slamet          Commissioner




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                                                      Family Relationship up to the
                                                                                                 Financial Relationship With                      Management
                                                         Second Degree with
                                                                                                                                                    Relations
                                                                                  Major and                              Major and                 with Other
       Name                       Position             Board of    Board of                      Board of    Board of
                                                                                 Controlling                            Controlling                Companies
                                                     Commissioners Directors                   Commissioners Directors
                                                                                Shareholders*)                         Shareholders*)
                                                      Yes     No    Yes No       Yes     No     Yes     No     Yes No       Yes         No        Yes     No
   Fadlansyah         Commissioner
   Lubis
   Robertus           Commissioner
   Billitea
   Mohamad            Commissioner
   Yusuf
   Permana
  *) Directly or indirectly



  BOARD OF DIRECTORS
  Disclosure of independence and affiliation of members of the Board of Directors can be seen in the table
  below:

  Affiliated Relationships with Other Members of the Board of Directors, Members of the Board of
  Commissioners, and Controlling Shareholders
                                                Family Relationship up to the Second Degree
                                                                                                      Financial Relationship With                  Management
                                                                    with
                                                                                                                                                     Relations
                                                                                  Major and                                    Major and            with Other
          Name                     Position          Board of       Board of                     Board of       Board of
                                                                                 Controlling                                  Controlling           Companies
                                                   Commissioners    Directors                  Commissioners    Directors
                                                                                Shareholders*)                               Shareholders*)

                                                    Yes     No     Yes    No     Yes     No     Yes     No     Yes    No          Yes        No     Yes    No

   Royke Tumilaar              President
                               Director
   Putrama Wahju               Deputy
   Setyawan                    President
                               Director
   Corina Leyla                Retail Banking
   Karnalies                   Director
   Novita Widya                Finance
   Anggraini                   Director
                               Digital and
   Hussein Paolo               Integrated
   Kartadjoemena               Transaction
                               Banking
   David Pirzada               Risk
                               Management
                               Director
   I Made Sukajaya             Enterprise and
                               Commercial
                               Banking
                               Director
   Ronny Venir                 Network
                               and Services
                               Director
   Munadi                      Institutional
   Herlambang**                Banking
                               Director
   Toto Prasetio               Director of
                               Technology
                               and Operations
                               Director
   Agung Prabowo               Wholesale and
                               International
                               Banking
                               Director
   Mucharom                    Human Capital
                               and Compliance
                               Director
  *) Directly or indirectly
  **) Has not been effective




                                                                                                                         2024 Annual Report
                                                                                                       PT Bank Negara Indonesia (Persero) Tbk
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Committees under
the Board of Commissioners

To enhance the effectiveness of its supervisory                 6) Regulation of the Minister of State-Owned
and advisory functions for the Board of Directors,                 Enterprises of the Republic of Indonesia No.
the Board of Commissioners is authorized to                        PER-2/MBU/03/2023 concerning Governance
establish several committees under its oversight,                  Guidelines and Significant Corporate Activities
namely the Audit Committee, the Remuneration                       for State-Owned Enterprises;
and Nomination Committee, the Risk Monitoring                   7) Regulation of the Minister of State-Owned
Committee, and the Integrated Governance                           Enterprises of the Republic of Indonesia No. PER-
Committee. The establishment of these committees                   3/MBU/03/2023 concerning Organs and Human
has been carried out in compliance with applicable                 Resources of State-Owned Enterprises; and
laws and regulations governing publicly listed                  8) Board of Commissioners’ Decree No. KEP/05/
companies, the banking sector, and State-Owned                     DK/2000 dated July 28, 2000, concerning the
Enterprises (BUMN).                                                Establishment of the Audit Committee.

Audit Committee [ACGS D.2.18]                                   Audit Committee Charter [ACGS D.2.21]
                                                                In carrying out its duties and responsibilities, all
                                                                members of the Audit Committee must adhere to
The Board of Commissioners has established the                  the Audit Committee Charter, which was ratified
Audit Committee to assist in the execution of its               through the Board of Commissioners’ Decree No.
supervisory duties and functions. This includes                 KEP/018/DK/2024 dated June 6, 2024, concerning
reviewing the Bank’s internal control system, the               the Audit Committee Charter and Code of Ethics of
quality of its Financial Statements, the effectiveness          the Audit Committee of PT Bank Negara Indonesia
of the Internal Audit function, and the overall                 (Persero) Tbk. The Audit Committee Charter is a
implementation of the Board of Directors’ functions             written document that regulates the committee’s
in accordance with prevailing laws and regulations              structure, membership requirements, tenure, duties
as well as Good Corporate Governance (GCG)                      and responsibilities, authority, meeting procedures,
principles.                                                     and reporting obligations. The charter also outlines
                                                                the Audit Committee’s Code of Ethics, which
Legal Basis for the Establishment of the                        includes integrity, objectivity and independence,
Audit Committee                                                 competence, and confidentiality.
The legal basis for the establishment of BNI’s Audit
Committee refers to the following regulations:                  The scope of the Audit Committee Charter includes:
1) Financial Services Authority (OJK) Regulation                1. Legal basis;
   No. 55/POJK.04/2015 dated December 23,                       2. Organizational structure and membership of the
   2015, concerning the Establishment and                          Audit Committee;
   Implementation Guidelines for the Audit                      3. Membership requirements of the Audit
   Committee;                                                      Committee;
2) Financial Services Authority (OJK) Regulation                4. Duties and responsibilities of the Audit
   No. 1/POJK.03/2019 dated January 28, 2019,                      Committee;
   concerning the Implementation of the Internal                5. Term of office of the Audit Committee;
   Audit Function in Commercial Banks;                          6. Authority of the Audit Committee;
3) Financial Services Authority (OJK) Regulation                7. Audit Committee meetings; and
   No. 9 of 2023, concerning the Use of Public                  8. Reporting.
   Accountants and Public Accounting Firms in
   Financial Services Activities;                               The Audit Committee Charter is reviewed periodically
4) Financial Services Authority (OJK) Regulation                and may be updated as necessary while complying
   No. 17 of 2023, concerning the Implementation                with applicable laws and regulations. The latest
   of Governance for Commercial Banks;                          update to the Audit Committee Charter was on June
5) Financial Services Authority (OJK) Regulation No.            6, 2024, and it has been published on BNI’s website:
   15 of 2024, concerning the Integrity of Financial            (https://www.bni.co.id/Portals/1/BNI/Perusahaan/
   Reporting;                                                   Docs/Piagam-Komite-Audit-2024.pdf].


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  Duties and Responsibilities of the Audit                                i. Act honestly, diligently, and responsibly;
  Committee                                                               ii. Comply with legal regulations and make
  The Audit Committee has the following duties and                             disclosures in accordance with legal and
  responsibilities:                                                            professional standards;
  a. Ensuring the existence of adequate evaluation                        iii. Uphold professionalism and encourage
     procedures for all information disclosed by the                           others to act professionally;
     Bank;                                                                iv. Respect and support BNI’s established Vision
  b. Reviewing financial information issued by the                             and Mission;
     Bank to the public and/or regulatory authorities,                    v. Refrain from engaging in illegal activities or
     including financial statements, projections, and                          actions that could undermine the credibility of
     other reports related to the Bank’s financial                             the Audit Committee; and
     information;                                                         vi. Avoid intentional misrepresentation or
  c. Conducting reviews of compliance with laws and                            manipulation in carrying out their assigned
     regulations relating to the Bank’s activities;                            duties and responsibilities.
  d. Providing an independent opinion in the event of
     a difference of opinion between management and                   2. Objectivity and Independence
     the Accountant regarding the services provided                      Audit Committee members provide fair and
     and non-conformity of the audit implementation                      balanced assessments based on relevant
     by the Public Accounting Firm with applicable                       conditions without being influenced by personal
     audit standards;                                                    or external interests. In carrying out their duties,
  e. Provide recommendations to the Board                                Audit Committee Members must:
     of Commissioners based on the results of                            i. Maintain       impartiality    and      prioritize
     the evaluation regarding the appointment,                                stakeholders’ interests above personal
     reappointment, and dismissal or replacement                              interests;
     of KAP and/or AP who will audit the financial                       ii. Disclose all material facts that, if withheld,
     statements based on independence, scope of                               could obscure the accuracy of reports;
     assignment, and service fees; [ACGS D.2.24]                         iii. Declare any relationships that could affect
  f. Reviewing complaints related to the Bank’s                               their judgment and create conflicts of interest;
     accounting and financial reporting processes;                            and
  g. Recommending          improvements       to    the                  iv. Not accept anything that could compromise
     management        control    system      and    its                      or influence professional judgment.
     implementation;
  h. Analyzing and advising the Board of                              3. Competence
     Commissioners regarding potential conflicts of                      Audit Committee members utilize their
     interest;                                                           knowledge, skills, and experience to fulfill their
  i. Identifying matters requiring the attention of                      duties, responsibilities, and authority. They must:
     the Board of Commissioners and other duties                         i. Carry out the duties, responsibilities and
     assigned to the Board;                                                  authority given in accordance with the
  j. Performing risk management-related tasks as                             competencies possessed;
     stipulated by regulations;                                          ii. Maintain and improve knowledge and skills
  k. Maintaining the confidentiality of documents,                           continuously.
     data, and information; and
  l. Carrying out other assignments from the Board                    4. Confidentiality
     of Commissioners as regulated in the Audit                          Audit     Committee    members       safeguard
     Committee Charter.                                                  confidential Bank information and uphold
                                                                         professional secrecy in accordance with the
  Audit Committee Code of Ethics                                         Bank’s policies and applicable regulations.
  In performing its duties and responsibilities, the                     In carrying out their duties, Audit Committee
  Audit Committee adheres to the following principles:                   Members must:
  1. Integrity
     Audit Committee members are committed to
     consistently aligning thoughts, words, and
     actions with fundamental ethical principles. In
     executing their duties, they must:




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   i. Exercise prudence in using and protecting                 a maximum period of 2 (two) working days after the
       information obtained in their role; and                  appointment or dismissal.
   ii. Not use confidential information for personal
       or external interests unless legally or                  Structure, Membership, and Expertise of the
       professionally required.                                 Audit Committee
                                                                The composition of BNI’s Audit Committee complies
Authority of the Audit Committee                                with applicable regulations and includes:
The Audit Committee is granted the following                    1) The Audit Committee is formed by and is
authorities:                                                       responsible to the Board of Commissioners;
1) Accessing corporate documents, data, and                     2) Members of the Audit Committee are appointed
   information on employees, funds, assets, and                    and dismissed by the Board of Commissioners;
   resources, including all Bank activities;                    3) Members of the Audit Committee consist of at
2) Communicating directly with employees,                          least:
   including the Board of Directors, as well as                    a. One Independent Commissioner;
   internal audit, risk management, and external                   b. One Independent Member with expertise in
   auditors regarding their responsibilities;                          finance or accounting; and
3) Engaging independent external parties as needed                 c. One Independent Member with expertise in
   to support its tasks (if necessary); and                            law or banking.
4) Exercising other authorities granted by the Board            4) Independent Commissioners and Independent
   of Commissioners.                                               Parties who are members of the Audit Committee
                                                                   must be at least 51% (fifty one percent) of the total
Appointment, Dismissal, and Term of Office                         number of members of the Audit Committee;
of Audit Committee Members                                      5) The Chairman of the Audit Committee may
Under OJK Regulation No. 17 of 2023 and BNI’s                      only hold concurrent positions as chairman
Audit Committee Charter, the term of office for                    of a committee in a maximum of 1 (one) other
Audit Committee members appointed during the                       committee;
tenure of the Board of Commissioners expires                    6) Members of the Audit Committee who are
concurrently with the Commissioners’ tenure and                    Independent Commissioners act as Chairman of
may not exceed their tenure as Commissioners,                      the Audit Committee. In the event that there is
and can be re-elected only for 1 (one) subsequent                  more than one Independent Commissioner who
period. Meanwhile, the term of office of members of                is a member of the Audit Committee, one of them
the Audit Committee who come from independent                      will act as Chairman of the Audit Committee.
parties is a maximum of 3 (three) years and can be
extended once for 2 (two) years of office so that the           Number, Structure, and Composition of
term of office of members of the Audit Committee                Audit Committee Membership
who come from independent parties is a maximum                  The Audit Committee consists of a chairman and
of 5 (five) years, without reducing the right of the            members who must be entirely independent and
Board of Commissioners to be able to dismiss                    may come from outside the Bank, consisting of at
members of the committee at any time before the                 least 3 (three) people, consisting of 1 Independent
end of their term of appointment.                               Commissioner, 1 Independent Party who has
                                                                expertise in finance or accounting and 1 Independent
If the Audit Committee Chair, who is also a                     Party who has expertise in law or banking. Members
Commissioner, resigns before completing their term,             of the Audit Committee who are not members of
another Independent Commissioner will assume the                the Board of Commissioners are a maximum of 2
role. The President Commissioner cannot serve as                (two) people. In addition, BNI’s internal policy also
the Audit Committee Chair unless under exceptional              stipulates that Members of the Board of Directors
circumstances, which must be justified in the                   are prohibited from becoming members of the Audit
Annual Report. The Chairman and members of                      Committee.
the Audit Committee are appointed and dismissed
by the Board of Commissioners. The appointment                  In 2024, the BNI Audit Committee consisted of 5
and dismissal of members of the Audit Committee                 (five) members, including 3 (three) Independent
are reported to the GMS/Minister, and must be                   Commissioners where one of them serves as
submitted to the Financial Services Authority within            Chairman and 2 (two) others are Independent
                                                                Parties who have competence and qualifications




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  in accounting and banking finance. This composition shows that all parties appointed and serving as
  Chairpersons or members of the BNI Audit Committee are independent parties, either as Independent
  Commissioners of the Bank or professionals from outside the Bank. [ACGS D.2.19, D.2.20]

  The number, composition, membership composition and independence of all members of the Audit
  Committee are ensured to have met the provisions set out in the Audit Committee Charter. The following is
  the composition of the BNI Audit Committee members throughout 2024:

  January 1, 2024 – December 31, 2024 Period
                                                                                                                 Position at the Bank
            Name                       Position                   Term of Office                Period
                                                                                                                      [ACGS D.2.20]

   Asmawi Syam                         Chairman                July 20, 2020-present             First               Independent
                                                                                                                    Commissioner
   Sigit Widyawan                      Member              September 8, 2020 - present         Second                Independent
                                                                                                                    Commissioner
   Iman Sugema                         Member              September 8, 2020 - present           First               Independent
                                                                                                                    Commissioner
   Human Brillianto             Independent Member          January 25, 2021 - present         Second                       -
   Suhendi Muharam              Independent Member             July 5, 2021 - present          Second                       -

  As a form of compliance with POJK No. 55/POJK.04/2015 dated 23 December 2015 concerning the
  Establishment and Guidelines for the Implementation of the Audit Committee, information regarding the
  appointment and dismissal of the Audit Committee has been submitted to the OJK within a maximum
  period of 2 (two) working days after the appointment or dismissal, and has been published on the Stock
  Exchange website and/or the Bank’s website.

  Audit Committee Profile

  Chairman of the Audit Committee [ACGS D.2.20]
   Asmawi Syam
   Legal Basis of                 Board of Commissioners Decree No. KEP/038/DK/2020 dated July 20, 2020
   Appointment
   Term of Office                 July 20, 2020 - Present
   Professional Certication       - Certification of Competence in Banking Risk Management Qualification 7
                                  - Indonesia Internal Audit Practitioner (IIAP) Certification
                                  - Certified Governance Oversight Professional (CGOP)
   Complete Profile               The profile of the Audit Committee Chairman Asmawi Syam can be found in the Board of
                                  Commissioners’ profile section in the Company Profile chapter



  Member of the Audit Committee, concurrently as the Board of Commissioners
   Sigit Widyawan
   Legal Basis of                 Board of Commissioners Decree No. KEP/038/DK/2020 dated September 8, 2020
   Appointment
   Term of Office                 September 8, 2020 - Present
   Professional Certication       - Certification of Competence in Banking Risk Management Qualification 6
                                  - Indonesia Internal Audit Practitioner (IIAP) Certification
   Complete Profile               Audit Committee Member, Sigit Widyawan, profile can be found in the of the Board of Commissioners
                                  Profiles.
   Iman Sugema
   Legal Basis of                 Board of Commissioners Decree No. KEP/039/DK/2020 dated September 8, 2020
   Appointment
   Term of Office                 September 8, 2020 - Present
   Professional Certication       - Certification of Competence in Banking Risk Management Qualification 6
                                  - Indonesia Internal Audit Practitioner (IIAP) Certification
   Complete Profile               Audit Committee Member, Iman Sugema, profile can be found in the of the Board of Commissioners
                                  Profiles.




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Member of the Audit Committee from Independent Party
 Human Brillianto
 Audit Committee Independent Member


 Age                                                              Professional Certifications and/or Training
 61 years old as of December 31, 2024                             • Risk Management Certification Level 2
                                                                  • Certification in Audit Committee Practices (CACP)
 Nationality
 Indonesian citizen                                               Work Experience
                                                                  • Branch Manager in several regions, PT Bank Rakyat Indonesia
 Domicile                                                           Tbk (1993-2000)
 Jakarta, Indonesia                                               • Middle Staff of Retail Business Division, PT Bank Rakyat
                                                                    Indonesia Tbk (2000-2002)
 Education                                                        • Group Head General Business Division, PT Bank Rakyat
 • Bachelor (S1) in Economics from Krisnadwipayana University       Indonesia Tbk (2002-2005)
   (1987)                                                         • Senior Internal Audit Auditor, PT Bank Rakyat Indonesia Tbk
 • Masters (S2) in Agribusiness Management from Gajah Mada          (2005-2009)
   University (2005)                                              • Group Head of Internal Audit, PT Bank Rakyat Indonesia Tbk
                                                                    (2009-2018)
 Legal Basis for Appointment                                      • Deputy Inspector for Makassar Region, PT Bank Rakyat
 • Appointed for the first time as Independent Member of the        Indonesia Tbk (2018-2019)
   Audit Committee through Board of Commissioners Decree of       • Independent Member of the Audit Committee of PT Bank
   the No. KEP/004/DK/2021/ dated January 25, 2021.                 Negara Indonesia (Persero) Tbk (2021-present)
 • Reappointed as an Independent Member of the Audit
   Committee through Board of Commissioners Decree No.            Concurrent Positions
   KEP/003/DK/2024 dated January 21, 2024.                        No concurrent positions either internally at BNI or externally.

 Term of Office
 January 25, 2021 - Present (Second Period)



 Suhendi Muharam
 Audit Committee Independent Member


 Age                                                              Work Experience
 62 years old as of December 31, 2024                             • Head of Operations, Bandung Buah Batu Branch, Bank CIMB
                                                                    Niaga (1991-1992)
                                                                  • Operational Audit Staff, Bank CIMB Niaga (1992-1995)
 Nationality                                                      • Staff (Officer) Audit Policy and Administration, Bank CIMB
 Indonesian citizen                                                 Niaga (1995-1997)
                                                                  • Head of Audit Policy and Administration, Bank CIMB Niaga
 Domicile                                                           (19971999)
 Jakarta, Indonesia                                               • Head of Audit Resident IV, Bank CIMB Niaga (period of office:
                                                                    1999-2000)
 Education                                                        • Head of Asset Risk Audit Division, Bank CIMB Niaga (2000-
 • Bachelor’s Degree in Engineering from Institut Teknologi         2001)
   Bandung (1987)                                                 • Head of Information Systems Technology Audit Division, Bank
 • Master of Management Degree from Universitas Gadjah              CIMB Niaga (2001-2005)
   Mada (2005)                                                    • Information Security and Systems Group Head, Bank CIMB
                                                                    Niaga (2006-2008)
 Legal Basis for Appointment                                      • System Operation and Assurance Group Head, Bank CIMB
 • Appointed for the first time as Audit Committee Independent      Niaga (2008-2009)
   Member in July 2021 based on Board of Commissioners            • Process Quality Improvement Group Head, Bank CIMB Niaga
   Decree No. KEP/012/DK/2021/dated July 5, 2021.                   (2010-20110)
 • Reappointed as an Independent Member of the Audit              • Business Process Management Group Head, Bank CIMB
   Committee through Board of Commissioners Decree No.              Niaga (2012-2013)
   KEP/020/DK/2024 dated July 4, 2024.                            • Bank Niaga – Bank Lippo Operational Merger Project as
                                                                    Organization and Method Head, Bank CIMB Niaga (2008-
 Term of Office                                                     2009)
 July 5, 2021 - Present (Second Period)                           • Core Banking System Replacement Project as Change
                                                                    Management and Training, Bank CIMB Niaga (2014-2016)
 Professional Certifications and/or Training                      • Independent Audit Committee Member of PT Bank Negara
 • Risk Management Certification Level 4                            Indonesia (Persero) Tbk (2021-present)
 • Certification in Audit Committee Practices (CACP)
                                                                  Concurrent Positions
                                                                  No concurrent positions either internally at BNI or externally




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  Qualifications, Education, and Work                                      6) Must be willing to continuously enhance their
  Experience of the Audit Committee                                            competencies through education and training.
  The membership requirements for BNI’s Audit                              7) Must not hold direct or indirect shares in the
  Committee include the following:                                             Company.
  1) Must possess high integrity, good character and                       8) In the event that an Audit Committee member
     morals, competence, knowledge, and experience                             acquires shares in the Company, whether directly
     relevant to their field of work, as well as strong                        or indirectly, due to a legal event, such shares
     communication skills.                                                     must be transferred to another party within
  2) Must not be an individual who has worked                                  no more than six (6) months from the date of
     for or held authority and responsibility in                               acquisition.
     planning, leading, controlling, or supervising                        9) Must not have any affiliation with members of
     the Company’s activities within the past six (6)                          the Board of Commissioners, members of the
     months, except for Independent Commissioners.                             Board of Directors, or the Company’s Major
  3) Must not be affiliated with a Public Accounting                           Shareholders.
     Firm, Law Firm, Public Appraisal Service Office,                      10) Must not have any direct or indirect business
     or any other party providing assurance services,                          relationships related to the Company’s business
     non-assurance services, appraisal services, and/                          activities.
     or other consulting services to the Company
     within the past six (6) months.                                       The expertise of the Audit Committee, particularly
  4) Must have a thorough understanding of                                 those from independent parties, must be
     financial statements, the Company’s business—                         demonstrated by holding at least one competency
     particularly in relation to its services or business                  certification that supports the committee’s
     activities—audit processes, risk management,                          functions and responsibilities. These may include
     and capital market regulations, as well as other                      certifications in risk management, public accounting,
     relevant laws and regulations.                                        accountancy, and auditing. In accordance with these
  5) Must comply with the Audit Committee Code of                          requirements, the Bank ensures that the Chairman
     Ethics established by the Company.                                    and all serving members of the Audit Committee
                                                                           meet the educational and professional experience
                                                                           qualifications outlined in the table below.


  Educational Qualifications and Work Experience, and Fields of Expertise of the Audit Committee
                                                                                                                               Areas of
     Name         Position                   Education                                 Work Experience
                                                                                                                               Expertise
   Asmawi        Chairman Educational history can                  Work experience can be found in the Board of • Banking
   Syam                   be found in the Board of                 Commissioners Composition Diversity Section  • Finance
                          Commissioners Composition
                          Diversity Section
   Sigit        Member Educational history can                     Work experience can be found in the Board of • Accounting
   Widyawan               be found in the Board of                 Commissioners Composition Diversity Section    [ACGS
                          Commissioners Composition                                                                            D.2.22]
                          Diversity Section                                                                                 • Finance
   Iman         Member Educational history can                     Work experience can be found in the Board of • Economics
   Sugema                 be found in the Board of                 Commissioners Composition Diversity Section  • Finance
                          Commissioners Composition
                          Diversity Section
   Human      Independent Master’s Degree in                       Deputy Inspector of BRI Makassar, Group Head of          • Banking
   Brillianto   Member Agribusiness Management                     Internal Audit, Senior Internal Audit Auditor, Group     • Finance
                                                                   Head of General Business Division, Middle Staff of
                                                                   Retail Business Division, Branch Manager in several
                                                                   regions at PT Bank Rakyat Indonesia (BRI)
   Suhendi Independent Master’s Ddegree in                         • Head of Operations for Bandung Buah Batu Branch,       • Banking
   Muharam   Member Agribusiness Management                           Operational Audit staff, Head of Audit Policy and     • Technology
                                                                      Administration, Head of Operational Audit Division,
                                                                      Head of Information System Technology Audit
                                                                      Division, Information Security and System Group
                                                                      Head, System Operation and Assurance Group
                                                                      Head, Process Quality Improvement Group Head
                                                                   • Business Process Management Group Head, and
                                                                      was involved in the Operational Merger Project
                                                                      of Bank Niaga – Bank Lippo as Organization and
                                                                      Method Head, and the Core Banking System
                                                                      Replacement Project as Change Management and
                                                                      Training at Bank Niaga (Bank CIMB Niaga)


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Statement of Independence of the Audit Committee
BNI ensures that all members of the Audit Committee serving during the current period meet the
independence criteria, enabling them to perform their duties professionally and independently. All
members of BNI’s Audit Committee are independent parties with no financial, managerial, shareholding,
and/or familial relationships with the Board of Commissioners, Board of Directors, and/or the Controlling
Shareholder, nor do they have any affiliation with the Bank. The Bank’s commitment to maintaining the
Audit Committee’s ability to act independently in providing fair and balanced assessments of the Bank’s
condition is reflected in its composition. The Audit Committee consists of one (1) Chairman, who is an
Independent Commissioner, two (2) Audit Committee members who are also Independent Commissioners,
and two (2) non-Commissioner members from outside the Bank. The composition has met the provisions of
OJK Regulation No. 17 of 2023 concerning the Implementation of Governance for Commercial Banks. The
policy regarding the independence criteria of the Audit Committee is regulated in the BNI Audit Committee
Code of Ethics.

The independence aspects of each Audit Committee member are detailed in the following table.

Audit Committee Independency
                                                 Asmawi            Sigit                           Human          Suhendi
          Independency Aspect                                                 Iman Sugema
                                                  Syam           Widyawan                         Brillianto      Muharam
No financial relationships with the Board
of Commissioners and the Board of
Directors
No management relationships in the
company, subsidiaries or affiliated
companies
No share ownership relationship in the
company
No familial relationships with the Board
of Commissioners, the Board of Directors,
and/or fellow members of the Audit
Committee
Not serving on the board of political party
or government official


Dual Position Information
As a form of transparency, information on concurrent positions of Audit Committee members is described
in the following table:
                                                            Position in        Position in Other       Position in Other State-
        Name                Position in the Bank
                                                           Other Banks         Public Companies          Owned Enterprises
Asmawi Syam             Chairman of the                         None                  None                       None
                        Audit Committee and
                        Independent Commissioner
Sigit Widyawan          Member and Independent                  None                  None                       None
                        Commissioner
Iman Sugema             Member and Independent                  None                  None                       None
                        Commissioner
Human Brillianto        Independent Member                      None                  None                       None
Suhendi Muharam         Independent Member                      None                  None                       None


Audit Committee Meetings

Meeting Implementation Policy [ACGS D.2.23]
As stipulated in the Audit Committee Charter, the policies and procedures for conducting BNI’s Audit
Committee Meetings are as follows:
1) The Audit Committee must hold meetings at least once a month.
2) An Audit Committee meeting is considered valid if attended by the majority of committee members.
3) Decisions in committee meetings are made based on deliberation and consensus. If consensus is not
   reached, decisions are made by a majority vote.
4) Meetings are chaired by the Chairman of the Audit Committee or by an Audit Committee member who is
   an Independent Commissioner if the Chairman is unable to attend.


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  5) Every Audit Committee meeting must be documented in minutes of the meeting, signed by all attending
     members. Any dissenting opinions must be explicitly recorded along with the reasoning behind the
     disagreement.
  6) Meetings may be conducted physically or via video conference or other media that allow all participants
     to see and hear each other directly and actively participate in the meeting.
  7) The attendance of committee members in meetings is reported in the quarterly and annual reports of the
     Committee.

  Meeting Frequency and Attendance of Committee Members [ACGS D.2.23]
  In 2024, the Audit Committee has conducted 31 (thirty-one) meetings, including internal committee meetings,
  joint meetings with Sector Directors and relevant Divisions, as well as Board of Commissioners Meetings
  attended by Audit Committee members to discuss substantive matters that need to be promptly reported to
  the Board of Commissioners.

  The following shows the Audit Committee Meetings frequency and attendance rate in 2024:
                                                              Number of Meetings                   Attended                    Percentage
               Name                      Position
                                                                   [ACGS D.2.23]                [ACGS D.2.23]                 [ACGS D.2.23]

       Asmawi Syam                      Chairman                           31                               31                         100%
       Sigit Widyawan                    Member                            31                               31                         100%
       Iman Sugema                       Member                            31                               31                         100%
       Human Brillianto          Independent Member                        31                           30*)                         96,77%
       Suhendi Muharam           Independent Member                        31                               31                         100%
  *)
       He did not attend 1 (one) Audit Committee Meeting because he participated in the Certification in Audit Committee Practices (CACP) from
       August 20 to 22, 2024.



  Meeting Agenda [ACGS D.2.23]
  During 2024, the Audit Committee Meetings dates, agenda and participants were as follows:
       No.     Meeting Dates                Meeting Agenda                 Audit Committee Member                        Invited
        1    January 9, 2024        Internal Audit Committee               •    Asmawi Syam            Chairman and all members of the
                                    Meeting                                •    Sigit Widyawan         Audit Committee
                                                                           •    Iman Sugema
                                                                           •    Human Brillianto
                                                                           •    Suhendi Muharam
        2    January 17, 2024       Closing Meeting Audit of               •    Asmawi Syam            • Finance Director
                                    BNI Consolidated Financial             •    Sigit Widyawan         • Risk Management Director
                                    Reports and Other Reports              •    Iman Sugema            • Wholesale & International Banking
                                    for the Financial Year Ending          •    Human Brillianto         Director
                                    December 31, 2023                      •    Suhendi Muharam        • Enterprise & Commercial Banking
                                                                                                         Director
                                                                                                       • Retail Banking Director
                                                                                                       • Technology & Operation Director
                                                                                                       • Network & Services Director
                                                                                                       • SEVP Corporate Banking
                                                                                                       • SEVP Treasury
                                                                                                       • SEVP Credit Risk
                                                                                                       • SEVP Remedial & Recovery
                                                                                                       • SEVP Information Technology
                                                                                                       • Tanudiredja, Wibisana, Rintis, and
                                                                                                         Partners Public Accounting Firm
                                                                                                         (KAP TWRR/Global Network Firm
                                                                                                         PwC)
                                                                                                       • Related Division
        3    January 23, 2024       Evaluation of the Bank’s               •    Asmawi Syam            Audit Internal
                                    Internal Audit Function for the        •    Sigit Widyawan
                                    Semester II/2023 period                •    Iman Sugema
                                                                           •    Human Brillianto
                                                                           •    Suhendi Muharam
        4    January 30, 2024       Internal Audit Committee               •    Asmawi Syam            Chairman and all other members of
                                    Meeting                                •    Sigit Widyawan         the Audit Committee
                                                                           •    Iman Sugema
                                                                           •    Human Brillianto
                                                                           •    Suhendi Muharam




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No.    Meeting Dates               Meeting Agenda            Audit Committee Member                     Invited
5     February 6, 2024     Joint Meeting of the              •   Asmawi Syam           • Risk Management Director
                           Audit Committee and Risk          •   Sigit Widyawan        • Human Capital & Compliance
                           Monitoring Committee to           •   Iman Sugema             Director
                           discuss the Evaluation of the     •   Human Brillianto
                           Implementation of the Bank’s      •   Suhendi Muharam
                           Compliance Function and the
                           Implementation of the Anti-
                           Fraud Strategy for the Q4/2023
                           period
6     February 6, 2024     Discussion of Internal Audit      •   Asmawi Syam           Audit Internal
                           Report                            •   Sigit Widyawan
                                                             •   Iman Sugema
                                                             •   Human Brillianto
                                                             •   Suhendi Muharam
7     February 13, 2024    Internal Audit Committee          •   Asmawi Syam           Chairman and all other members of
                           Meeting                           •   Sigit Widyawan        the Audit Committee
                                                             •   Iman Sugema
                                                             •   Human Brillianto
                                                             •   Suhendi Muharam
8     February 20, 2024    Internal Audit Committee          •   Asmawi Syam           Chairman and all other members of
                           Meeting                           •   Sigit Widyawan        the Audit Committee
                                                             •   Iman Sugema
                                                             •   Human Brillianto
                                                             •   Suhendi Muharam
9     March 26, 2024       Discussion of Proposed Credit     •   Asmawi Syam           • Risk Management Director
                           Book Write-off Plan               •   Sigit Widyawan        • Wholesale & International Banking
                                                             •   Iman Sugema             Director
                                                             •   Human Brillianto      • Human Capital & Compliance
                                                             •   Suhendi Muharam         Director
                                                                                       • Internal Audit
                                                                                       • Related Division
10    April 23, 2024       Internal Audit Committee          •   Asmawi Syam           Chairman and all other members of
                           Meeting                           •   Sigit Widyawan        the Audit Committee
                                                             •   Iman Sugema
                                                             •   Human Brillianto
                                                             •   Suhendi Muharam
11    April 30, 2024       Evaluation of the Bank’s          •   Asmawi Syam           Audit Internal
                           Internal Audit Function for the   •   Sigit Widyawan
                           first                             •   Iman Sugema
                                                             •   Human Brillianto
                                                             •   Suhendi Muharam
12    May 7, 2024          Joint Meeting of the              •   Asmawi Syam           • Wholesale & International Banking
                           Audit Committee and Risk          •   Sigit Widyawan          Director
                           Monitoring Committee              •   Iman Sugema           • Enterprise & Commercial Banking
                           to discuss the Deepening          •   Human Brillianto        Director
                           Discussion of BNI’s Financial     •   Suhendi Muharam       • Retail Banking Director
                           Performance Evaluation for                                  • Digital & Integrated Transaction
                           the period of Quarter I/2024.                                 Banking Director
                                                                                       • Network & Services Director
                                                                                       • Risk Management Director
                                                                                       • Technology & Operations Director
                                                                                       • Institutional Banking Director
                                                                                       • Related Division
13    May 17, 2024         Internal Audit Committee          •   Asmawi Syam           Chairman and all other members of
                           Meeting                           •   Sigit Widyawan        the Audit Committee
                                                             •   Iman Sugema
                                                             •   Human Brillianto
                                                             •   Suhendi Muharam
14    June 4, 2024         Internal Audit Committee          •   Asmawi Syam           Chairman and all members of the
                           Meeting                           •   Sigit Widyawan        Audit Committee
                                                             •   Iman Sugema
                                                             •   Human Brillianto
                                                             •   Suhendi Muharam
15    June 19, 2024        Internal Audit Committee          •   Asmawi Syam           Chairman and all other members of
                           Meeting                           •   Sigit Widyawan        the Audit Committee
                                                             •   Iman Sugema
                                                             •   Human Brillianto
                                                             •   Suhendi Muharam


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    No.     Meeting Dates                Meeting Agenda                Audit Committee Member                      Invited
    16    June 25, 2024          Internal Audit Committee              •   Asmawi Syam            Chairman and all other members of
                                 Meeting                               •   Sigit Widyawan         the Audit Committee
                                                                       •   Iman Sugema
                                                                       •   Human Brillianto
                                                                       •   Suhendi Muharam
    17    July 2, 2024           Discussion of Internal Audit          •   Asmawi Syam            • Risk Management Director
                                 Report                                •   Sigit Widyawan         • Network & Services Director
                                                                       •   Iman Sugema            • Retail Banking Director
                                                                       •   Human Brillianto       • Human Capital & Compliance
                                                                       •   Suhendi Muharam          Director
                                                                                                  • Internal Audit
                                                                                                  • Related Division
    18    July 9, 2024           Evaluation of the                     •   Asmawi Syam            • Risk Monitoring Committee
                                 implementation of the Bank’s          •   Sigit Widyawan         • Human Capital & Compliance
                                 compliance function for the           •   Iman Sugema              Director
                                 first quarter of 2024                 •   Human Brillianto       • Risk Management Director
                                                                       •   Suhendi Muharam
    19    July 16, 2024          Evaluation of the Bank’s              •   Asmawi Syam            Audit Internal
                                 Internal Audit Function for the       •   Sigit Widyawan
                                 first quarter of 2024                 •   Iman Sugema
                                                                       •   Human Brillianto
                                                                       •   Suhendi Muharam
    20    August 13, 2024        Internal Audit Committee              •   Asmawi Syam            Chairman and all other members of
                                 Meeting                               •   Sigit Widyawan         the Audit Committee
                                                                       •   Iman Sugema
                                                                       •   Human Brillianto
                                                                       •   Suhendi Muharam
    21    August 20, 2024        Pembahasan Hasil Kaji Ulang           •   Asmawi Syam            • Internal Audit
                                 terhadap Fungsi Internal Audit        •   Sigit Widyawan         • RSM Indonesia
                                 BNI                                   •   Iman Sugema
                                                                       •   Suhendi Muharam
    22    September 10,          Internal Audit Committee              •   Asmawi Syam            Chairman and all other members of
          2024                   Meeting                               •   Sigit Widyawan         the Audit Committee
                                                                       •   Iman Sugema
                                                                       •   Human Brillianto
                                                                       •   Suhendi Muharam
    23    September 24,          Internal Audit Committee              •   Asmawi Syam            Chairman and all other members of
          2024                   Meeting                               •   Sigit Widyawan         the Audit Committee
                                                                       •   Iman Sugema
                                                                       •   Human Brillianto
                                                                       •   Suhendi Muharam
    24    October 15, 2024       Kick Off Meeting Audit of             •   Asmawi Syam            • Director of Finance
                                 BNI Consolidated Financial            •   Sigit Widyawan         • KAP RJRR
                                 Statements and Other Reports          •   Iman Sugema
                                 for Financial Year 2024 by KAP        •   Human Brillianto
                                 Rintis, Jumadi, Rianto, and           •   Suhendi Muharam
                                 Partner (KAP RJRR)
    25    October 17, 2024       Discussion of Internal Audit          •   Asmawi Syam            Audit Internal
                                 Report                                •   Sigit Widyawan
                                                                       •   Iman Sugema
                                                                       •   Human Brillianto
                                                                       •   Suhendi Muharam
    26    November 5,            Internal Audit Committee              •   Asmawi Syam            Chairman and all other members of
          2024                   Meeting                               •   Sigit Widyawan         the Audit Committee
                                                                       •   Iman Sugema
                                                                       •   Human Brillianto
                                                                       •   Suhendi Muharam
    27    November 5,            Discussion of Proposed Credit         •   Asmawi Syam            • Risk Management Director
          2024                   Book Write-off Plan                   •   Sigit Widyawan         • Wholesale & International Banking
                                                                       •   Iman Sugema              Director
                                                                       •   Human Brillianto       • Human Capital & Compliance
                                                                       •   Suhendi Muharam          Director
                                                                                                  • Internal Audit
                                                                                                  • Related Division




                                                                                                                2024 Annual Report
                                                                                              PT Bank Negara Indonesia (Persero) Tbk
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Page 201
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                                       2024          Report           Profile      Analysis on Company Performance       Functions



 No.    Meeting Dates              Meeting Agenda           Audit Committee Member                          Invited
 28    November 19,        Internal Audit Committee         •    Asmawi Syam               Chairman and all other members of
       2024                Meeting                          •    Sigit Widyawan            the Audit Committee
                                                            •    Iman Sugema
                                                            •    Human Brillianto
                                                            •    Suhendi Muharam
 29    November 19,        Discussion of Proposed Credit    •    Asmawi Syam               • Risk Management Director
       2024                Book Write-off Plan              •    Sigit Widyawan            • Enterprise & Commercial Banking
                                                            •    Iman Sugema                 Director
                                                            •    Human Brillianto          • Human Capital & Compliance
                                                            •    Suhendi Muharam             Director
                                                                                           • Internal Audit
                                                                                           • Related Division
 30    December 10,        Internal Audit Committee         •    Asmawi Syam               Chairman and all other members of
       2024                Meeting                          •    Sigit Widyawan            the Audit Committee
                                                            •    Iman Sugema
                                                            •    Human Brillianto
                                                            •    Suhendi Muharam
 31    December 24,        Progress Meeting Audit of        •    Asmawi Syam               •   Finance Director
       2024                BNI Consolidated Financial       •    Sigit Widyawan            •   Risk Management Director
                           Statements and Other Reports     •    Iman Sugema               •   Technology & Operations Director
                           for the Fiscal Year Ending       •    Human Brillianto          •   Network & Services Director
                           December 31, 2024 by KAP         •    Suhendi Muharam           •   Enterprise & Commercial Banking
                           Rintis, Jumadi, Rianto, and                                         Director
                           Partners (KAP RJRR)                                             •   Retail Banking Director
                                                                                           •   SEVP Credit Risk
                                                                                           •   SEVP Information Technology
                                                                                           •   Related Division


Audit Committee Member Competency Improvement Program in 2024
In 2024, Audit Committee members have undertaken the following education or training:
          Name of Training/Workshop/
                                                           Implementation Date                              Organizer
             Conference/seminar
Asmawi Syam – Chairman of the Audit Committee/Independent Commissioner
Competency development/training can be found in the Section of Training and/or Competency Improvement of Board of
Commissioners Members in 2024.
Sigit Widyawan – Member of Audit Committee/Independent Commissioner
Competency development/training can be found in the Section of Training and/or Competency Improvement of Board of
Commissioners Members in 2024
Iman Sugema – Member of Audit Committee/Independent Commissioner
Competency development/training can be found in the Section of Training and/or Competency Improvement of Board of
Commissioners Members in 2024.
Suhendi Muharam – Member of the Audit Committee (Independent Party)
CACP Certification Training (Certification in                   August 6-8, 2024               Indonesian Institute of Audit
Audit Committee Practices)                                                                     Committee
Compliance Forum: Realizing an Anti-                            August 14, 2024                BNI University
Corruption Culture Through the Instillation of
Integrity Values
Human Brillianto – Member of the Audit Committee (Independent Party)
CACP Certification Training (Certification in               August 20-22, 2024                 Indonesian Institute of Audit
Audit Committee Practices)                                                                     Committee
Compliance Forum: Realizing an Anti-                            August 14, 2024                BNI University
Corruption Culture Through the Instillation of
Integrity Values



Work Program and Implementation of Audit Committee Duties in 2024
In 2024, the Audit Committee has submitted reports on the execution of its duties and responsibilities
concerning the work program that was presented to the Board of Commissioners at the beginning of
the year. The execution of the Audit Committee’s duties and responsibilities is carried out through Audit
Committee Meetings with the Board of Directors, Third Parties engaged in Audit/Review or Reassessment
Services, as well as through reviews and/or recommendations to the Board of Commissioners, which are
conveyed in written reports or during Board of Commissioners Meetings with the Board of Directors.


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  Throughout 2024, the Audit Committee has                                b. Assessing the planning and execution of
  performed its duties and responsibilities, including:                      Internal Audit’s 2024 audit and consultation
  1. Reviewing financial information to be disclosed                         functions.
     by the Company to the public and/or regulatory
     authorities.                                                         c. Reviewing proposed updates to BNI’s Internal
  2. Reviewing the Company’s monthly performance                             Audit Charter.
     reports.                                                             d. Reviewing the proposal for appointing an
  3. Reviewing compliance with laws and regulations                          external consultant to conduct an independent
     related to the Company’s business activities.                           review of the Internal Audit function in 2024.
  4. Providing recommendations to the Board of                        9. Evaluating BNI’s Internal Control System,
     Commissioners regarding the appointment of a                         including.
     Public Accountant (AP) and a Public Accounting                       a. Assessing the implementation of the
     Firm (KAP) for auditing the Consolidated                                Whistleblowing System (WBS).
     Financial Statements and other reports for the                       b. Evaluating the implementation of the Anti-
     2024 financial year.                                                    Fraud Strategy Program.
  5. Evaluating the audit services performed by the                   10. Conducting assignments related to the
     appointed KAP for the Consolidated Financial                         implementation of Internal Control Over Financial
     Statements and other reports for the 2023 financial                  Reporting (ICOFR), including:
     year, including assessing the independence                           a. Interviews with the Consultant responsible
     and objectivity of the KAP, for submission to                           for the 2024 ICOFR Diagnostic process.
     the Financial Services Authority (OJK) and the                       b. Reviewing the diagnostic results of ICOFR and
     Ministry of State-Owned Enterprises (BUMN).                             monitoring management’s follow-up actions.
  6. Carrying out tasks related to the Bank’s Business                    c. Reviewing the proposed Company Guidelines
     Plan (RBB)/Corporate Budget Plan (RKAP) and                             on ICOFR Implementation at BNI.
     the Sustainable Finance Action Plan, including                       d. Providing recommendations to the Board of
     reviewing the 2024 RBB revision, the 2025 RBB/                          Commissioners regarding their response to
     RKAP, and the 2025 Sustainable Finance Action                           the Roadmap for ICOFR Implementation.
     Plan.                                                            11. Reviewing the implementation of the Company’s
  7. Reviewing the audit findings from both internal                      Good Corporate Governance (GCG).
     and external auditors and overseeing the follow-                 12. Carrying out duties related to BNI’s Pension Fund
     up actions by the Board of Directors, covering:                      (DPLK), including:
     a. Reviewing the audit results conducted by                          a. Reviewing BNI DPLK’s Business Performance
         OJK, BPK, KAP, BI, BPKP, and other regulators,                      realization as a recommendation for the
         as well as monitoring the follow-up actions                         Board of Commissioners in preparing the
         taken based on these audit findings.                                Supervisory Report on DPLK Business
     b. Monitoring, advising, and overseeing the                             Performance to be submitted to OJK’s Non-
         preparation of key audit findings reports for                       Bank Financial Industry (IKNB) division.
         submission to OJK.                                               b. Reviewing the Governance Implementation of
     c. Reviewing the planning and execution of                              BNI DPLK.
         compliance functions through assessments                         c. Reviewing updates to the Anti-Money
         conducted by the Compliance Division, as                            Laundering, Counter-Terrorism Financing,
         well as overseeing follow-up actions based                          and Prevention of Financing for Weapons of
         on these reviews.                                                   Mass Destruction Proliferation (APU, PPT,
     d. Monitoring the progress of employee case                             PPPSPM) policies for BNI DPLK.
         resolutions and follow-up actions related to                 13. Reviewing management proposals that require
         fraud cases.                                                     the Board of Commissioners’ approval regarding
  8. Carrying out assignments related to the                              updates to Company Policies, including:
     Company’s Internal Audit function, with the                          a. Bank Credit Policy (KPB).
     results forming the basis of the Audit Committee’s                   b. Internal Control System Policy (KUSPI).
     recommendations to the Board of Commissioners                        c. Good Corporate Governance Policy.
     for their approval or consideration, including:                      d. Write-Off Policy for MSME Loans.
     a. Reviewing proposals from the Board of                             e. Anti-Money Laundering, Counter-Terrorism
         Directors regarding the dismissal and                               Financing, and Prevention of Financing for
         appointment of the Internal Audit Head.                             Weapons of Mass Destruction Proliferation
                                                                             (APU, PPT, PPPSPM) Policy for BNI.




                                                                                                         2024 Annual Report
                                                                                       PT Bank Negara Indonesia (Persero) Tbk
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Page 203
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                                        2024           Report           Profile     Analysis on Company Performance      Functions



14. Conducting Audit Committee Working Visits to evaluate the Credit Segment in Commercial Banking at
    BNI Regional Offices and Commercial Business Centers (CMC).
15. Preparing reports related to the execution of the Audit Committee’s duties, including:
    a. The Audit Committee Report for the Annual Report.
    b. The quarterly report on the realization of the Audit Committee’s work program.
16. Reviewing and assessing reports, proposals, or letters from Management and/or Regulators as assigned
    by the Board of Commissioners, including:
    a. Monthly reports on Anti-Money Laundering, Counter-Terrorism Financing, and Prevention of Financing
       for Weapons of Mass Destruction Proliferation (APU, PPT, PPPSPM) for BNI.
    b. Quarterly reports on Write-Off and Write-Down Realization by the Business Development Office (BDO).
    c. Proposals regarding Credit Write-Off Plans.
    d. Audit Reports.
    e. The name change of Public Accounting Firm (KAP) Tanudiredja, Wibisana, Rintis, and Partners (a
       member firm of PricewaterhouseCoopers) to KAP Rintis, Jumadi, Rianto, and Partners (a member
       firm of PricewaterhouseCoopers).
    f. Reports and/or letters from Regulators or External Auditors (OJK, BPK, KAP, KBUMN).
17. Coordinating with other Committees under the Board of Commissioners by attending Risk Monitoring
    Committee meetings. Throughout 2024, the Audit Committee has attended seven Risk Monitoring
    Committee meetings.
18. Attending meetings invited by the Ministry of State-Owned Enterprises (BUMN).

Implementation of the Audit Committee’s Working Relationship with Internal Audit (IAD)
 No.                Main Tasks                                    Implementation Details                      Implementation Date
 1.    Evaluation of the Bank's Internal         a. Realization of the Internal Audit Work Plan (RKAT)        January 23, 2024
       Audit Function for the Second             b. Review of the Key Findings of the Audit Report
       Semester of 2023                          c. Follow-Up on the Results of IAD and External Auditor
                                                    Inspections
                                                 d. Management of the Whistle Blowing System (WBS)
 2.    Discussion of Internal Audit Report       Discussion and Review of the Internal Audit Inspection       February 6, 2024
                                                 Report
 3.    Discussion of the Internal Audit          Recommendations of the Audit Committee on the                February 28, 2024
       Inspection Report                         Termination and Appointment of the Head of Internal
       Termination and Appointment of            Audit
       the Head of Internal Audit
 4.    Evaluation of the Integrated Audit        Review of the Integrated Audit Report for the Second         March 13, 2024
       Report for the Second Semester of         Semester of 2023
       2023
 5.    Review of the 2024 Internal Audit         Recommendations of the Audit Committee on the 2024           April 17, 2024
       and Consulting Plan                       Internal Audit and Consulting Plan
 6.    Evaluation of the Bank's Internal         a. Realization of the Internal Audit Work Plan (RKAT)        April 30, 2024
       Audit Function for the First Quarter      b. Review of the Key Findings of the Audit Report
       of 2024                                   c. Follow-Up on the Results of IAD and External Auditor
                                                    Inspections
                                                 d. Management of the Whistle Blowing System (WBS)
 7.    Evaluation of Internal Audit              Review of the Internal Audit Inspection Report               June 25, 2024
       Inspection Results
 8.    Evaluation of the Bank's Internal         a. Realization of the Internal Audit Work Plan (RKAT)        July 16, 2024
       Audit Function for the First              b. Review of the Key Findings of the Audit Report
       Semester of 2024                          c. Follow-Up on the Results of IAD and External Auditor
                                                    Inspections
                                                 d. Management of the Whistle Blowing System (WBS)
 9.    Review of Independent Quality             Recommendations of the Audit Committee on the                April 17, 2024
       Control over BNI's Internal Audit         Appointment of External Consultant Services for the
       Function                                  Review of the Internal Audit Function in 2024
                                                 Presentation of the Results of the Review of BNI's           August 20, 2024
                                                 Internal Audit Function
 10.   Discussion of the Internal Audit          Discussion and Review of the Internal Audit Inspection       October 17, 2024
       Inspection Report                         Report




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  Implementation of Audit Committee Working Relationship with Public Accountant and/or Public
  Accounting Firm [ACGS D.2.24]
    No.         Main Tasks                                  Implementation Details                                  Implementation Date
    1.    Procurement of            1) Review of the Proposed HPS for the Procurement of KAP Services                February 15, 2024
          Public Accounting            for 2024
          Firm (KAP) Audit
                                    2) Recommendations of the Audit Committee on the Appointment of                  February 22, 2024
          Services
                                       a Public Accounting Firm for the Audit of Consolidated Financial
                                       Statements and Other Reports for the 2024 Fiscal Year
    2.    Financial Statements      1) Closing Meeting for the Audit of Consolidated Financial                        January 17, 2024
                                       Statements and Other Reports for the 2023 Fiscal Year
          Evaluation Report
                                    2) Review of the Financial Statements for January 2024                              March 4, 2024
                                    3) Review of the Financial Statements for February 2024                            March 26, 2024
                                    4) Review of the Financial Statements for March 2024                                April 24, 2024
                                    5) Review of the Financial Statements for April 2024                                June 14, 2024
                                    6) Review of the Financial Statements for May 2024                                   July 1, 2024
                                    7) Review of the Financial Statements for June 2024                               August 15, 2024
                                    8) Review of the Financial Statements for July 2024                             September 11, 2024
                                    9) Review of the Financial Statements for August 2024                             October 14, 2024
                                    10) Kick-Off Meeting for the Audit of Consolidated Financial                      October 15, 2024
                                        Statements and Other Reports for the 2024 Fiscal Year
                                    11) Review of the Financial Statements for September 2024                         October 16, 2024
                                    12) Review of the Financial Statements for October 2024                          November 29, 2024
                                    13) Progress Meeting for the Audit of Consolidated Financial                     December 24, 2024
                                        Statements and Other Reports for the 2024 Fiscal Year
                                    14) Review of the Financial Statements for November 2024                         December 27, 2024
    3.    Audit Committee           1) Review of the Management Letter for the Audit of Consolidated                    May 17, 2024
          Evaluation Report            Financial Statements and Other Reports for the 2023 Fiscal Year
                                    2) Evaluation of the Audit Committee on the Implementation of                       May 20, 2024
                                       Audit Services by KAP for the 2023 Fiscal Year – submitted to the
                                       Ministry of State-Owned Enterprises and OJK


  Implementation of the Audit Committee’s Working Relationship with Financial Services Authority, Bank
  Indonesia and other Authorities
    No.                       Main Tasks                              Implementation Details                 Implementation Date
     1.   General Inspection of BNI Year 2024 by OJK                   Exit meeting of 2024                   November 15, 2024
    2.    General Inspection of BNI Year 2024 by BPK                   Exit meeting of 2024                    December 23, 2024


  Implementation of the Audit Committee’s Working Relationship with Management
    No.       Main Tasks                                    Implementation Details                                  Implementation Date
    1.    Audit Committee         1) Review and Recommendations on the Proposal for Loan Write-Off                     March 26, 2024
          Advice and
                                  2) Review and Recommendations on the Proposal for the Review/                         May 22, 2024
          Counsel
                                     Updating of BNI's GCG Policy
                                  3) Review and Recommendations on the Proposal for Loan Write-Off                      May 29, 2024
                                  4) Review and Recommendations on the Proposal for the Review of the                   May 30, 2024
                                     Compliance Charter for 2024
                                  5) Review and Recommendations on the Proposal for the Revision of                     June 19, 2024
                                     the RBB for 2024
                                  6) Review and Recommendations on the Proposal for Loan Write-Off                      June 19, 2024
                                  7) Review and Recommendations on the Proposal for the Review of the                   June 25, 2024
                                     General Policy on Internal Control Systems
                                  8) Review and Recommendations on the Proposal for Loan Write-Off                      June 26, 2024
                                  9) Review and Recommendations on the Board of Directors' Report                      August 13, 2024
                                  10) Review and Recommendations on the Proposal for Loan Write-Off                  September 26, 2024
                                  11) Review and Recommendations on the Proposal for Loan Write-Off                  September 26, 2024
                                  12) Review and Recommendations on the Board of Directors' Report                   September 27, 2024


                                                                                                                2024 Annual Report
                                                                                              PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                         805
Page 205
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                                        2024          Report          Profile    Analysis on Company Performance         Functions



 No.       Main Tasks                                   Implementation Details                             Implementation Date
                             13) Review and Recommendations on the Proposal for Loan Write-Off               November 5, 2024
                             14) Review and Recommendations on the Proposal for Loan Write-Off               December 3, 2024
                             15) Review and Recommendations on the Proposal for Loan Write-Off              December 11, 2024
                             16) Review and Recommendations on the Report of the Results of the             December 16, 2024
                                 Diagnostic of Internal Control Over Financial Reporting (ICOFR)
                             17) Review and Recommendations on the Proposal for the Review of the           December 18, 2024
                                 General Policy on Internal Control Systems (KUSPI) and Guidelines
                                 for Internal Control Over Financial Reporting (ICOFR)
 2.    Audit Committee       1) Evaluation of the Implementation of the Bank's Compliance Function           February 6, 2024
       Evaluation               and the Implementation of Anti-Fraud Strategies for the Fourth
                                Quarter of 2023
                             2) Evaluation of the Implementation of the Bank's Compliance Function                 July 9, 2024
                                for the First Quarter of 2024


Implementation of Audit Committee Working Relationship with Pension Fund Financial Institution (DPLK)
 No.       Main Tasks                                   Implementation Details                             Implementation Date
 1.    Audit Committee        1) Review and Recommendations on the Implementation of BNI’s DPLK                April 24, 2024
       Advice and Counsel        Governance for 2023
                              2) Review and Recommendations on the Realization of BNI’s DPLK                       July 25, 2024
                                 Business Plan for the First Semester of 2024
                              3) Review and Recommendations on the APU, PPT, and PPPSPM                            July 25, 2024
                                 Reports of BNI’s DPLK for the Second Quarter of 2024

Internal Audit Committee
 No.       Main Tasks                                   Implementation Details                             Implementation Date
 1.    Audit Committee        1) Evaluation and Standardization of the Audit Committee’s Review               January 9, 2024
       RKA                        Results Presentation
                              2) Preparation for the Audit Committee’s Evaluation of Commercial               January 30, 2024
                                  Segment Loans
                              3) Discussion of the Audit Committee Review Results                            February 13, 2024
                              4) Discussion of the Audit Committee Review Results                            February 20, 2024
                              5) Discussion of the Audit Committee Review Results                              April 23, 2024
                              6) Discussion of the Audit Committee Review Results                              May 17, 2024
                              7) Discussion on the Updating of the Audit Committee Charter                      June 4, 2024
                              8) Discussion of the Audit Committee Review Results                              June 19, 2024
                              9) Discussion of the Audit Committee Review Results                              June 25, 2024
                              10) Discussion of the Audit Committee Review Results                            August 13, 2024
                              11) Discussion of the Audit Committee Review Results                          September 10, 2024
                              12) Discussion of the Audit Committee Review Results                          September 24, 2024
                              13) Discussion of the Audit Committee Review Results                           November 5, 2024
                              14) Discussion of the Audit Committee Review Results                          November 19, 2024
                              15) Discussion of the Audit Committee Review Results                          December 10, 2024


In accordance with the suggestions and advice submitted at Committee meetings throughout 2024, the
Audit Committee has also held discussions with related parties regarding the following matters:
1) Management
   The Audit Committee reviews audited and unaudited financial statements published in 2024 to ensure
   that the content and disclosure of information are in accordance with accounting standards and
   applicable statutory provisions. Evaluation of the effectiveness of audit implementation by external
   auditors, independence, objectivity, and the adequacy of the scope of the audit is also carried out by
   the Audit Committee through discussions with Management. The Audit Committee also discusses and
   monitors the follow-up to the completion of audit findings, both internal audits and external audits,
   monitors the follow-up to the resolution of cases that occur in order to encourage accelerated resolution,
   and takes necessary administrative sanctions. In addition, the Audit Committee reviews and provides
   recommendations to the Board of Commissioners on proposals from Management that require approval
   or consultation with the Board of Commissioners.




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  2) External Auditor                                                        (ICOFR) Diagnostic carried out together with
     a. Public Accounting Firm (KAP) Implementing                            an Independent Consultant, which aims to
        Audit Services for BNI Consolidated Financial                        improve the quality of internal control over
        Statements and Other Reports for Financial                           financial reporting.
        Year 2024.
        With regard to the series of audit processes                         The role of the Audit Committee in
        for the BNI Consolidated Financial Statement                         implementing the ICOFR Diagnostics includes
        and Other Reports for the 2024 Financial                             participating in a series of processes carried
        Year by the Public Accounting Firm (KAP),                            out by the Independent Consultant, namely
        the Audit Committee conveyed its concerns,                           attending interview invitations to convey the
        suggestions and advice through holding a                             duties and functions of the Audit Committee
        joint Committee Meeting with the Board of                            that have been carried out, especially in
        Directors and KAP, with discussions regarding                        terms of reviewing the integrity of financial
        the audit plan (including sampling, scope,                           statements. Apart from that, the Audit
        model/methodology, use of Technology and                             Committee also reviews the results of the
        AI, as well as the composition of the audit                          ICOFR Diagnostics and the proposed ICOFR
        team) in the Audit Kick Off Meeting Agenda                           Guidelines, which then become the Audit
        for the Audit of the BNI Consolidated Financial                      Committee’s Recommendations to the Board
        Statement and Other Reports for the 2024                             of Commissioners, which are submitted at the
        Financial Year; Monitoring Progress on the                           Board of Commissioners Meeting forum.
        implementation of the KAP Audit including
        findings that require further adjustments and/                    d. Others
        or confirmation; and Audit Clearance Meeting,                        In addition, the Audit Committee is also active
        presentation of all KAP audit results after the                      in attending Audit Exit Meeting invitations
        2024 Financial Statement audit process has                           from the Financial Services Authority and the
        been completed.                                                      Financial Audit Agency.

      b. Implementing Consultant for the Review of                        e. Monitoring
         BNI’s Internal Audit Function in 2024.                              In order to carry out the monitoring function
         The Audit Committee carries out its duties                          of audit results by Regulators and external
         in evaluating BNI’s Internal Audit Function,                        auditors (OJK, BPK, BI, KAP, etc.), the Audit
         namely attending interview invitations from                         Committee has carried out an evaluation of the
         Independent Consultants, which is a series                          follow-up actions carried out by Management.
         of review processes to obtain views from                            Review and evaluation of the results of the
         the Audit Committee regarding conditions                            Regulator and external auditors for the period
         that need to be improved in BNI’s Internal                          up to the end of 2024 are as follows:
         Audit Function. Apart from that, holding a                          1) Progress in completing the Bank Indonesia
         meeting with the Consultant Implementing                                (BI) audit results was 97.69% with 3
         the Review of BNI’s Internal Audit Function                             pending commitments out of a total of 130
         to discuss the results of the Independent                               commitments;
         Consultant’s review of BNI’s Internal Audit                         2) Progress in completing the Financial
         Function in accordance with applicable laws                             Services Authority (OJK) audit results is
         and regulations and best practice. The Audit                            100%;
         Committee provides constructive suggestions                         3) Progress in completing audit results
         and advice to improve the effectiveness of                              from the Supreme Audit Agency
         BNI’s Internal Audit Function, which is also                            (BPK) was 73.23% with a total of 121
         in line with the results of the Independent                             recommendations pending out of a total
         Consultant’s review.                                                    of 452 recommendations;
                                                                             4) Progress in completing the Management
      c. Implementing Consultant for Diagnostic                                  Letter for KAP Rintis, Jumadi, Rianto,
         Internal Control Over Financial Reporting                               and Partner (member firm of the
         (ICOFR) in 2024.                                                        PricewaterhouseCoopers       network)    is
         In order to comply with applicable laws and                             100%.
         regulations and follow up on Shareholder
         Aspirations, BNI, which is included in                              In order to comply with applicable laws
         Systemic A SOE, is required to carry out an                         and regulations, both POJK and Minister
         Internal Control Over Financial Reporting                           of SOE Regulations, the Audit Committee




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         has prepared a Report on the Results of the Audit Committee’s Evaluation of the Implementation of
         Audit Services for Annual Historical Financial Information for the 2023 Financial Year period by KAP
         Tanudiredja, Wibisana, Rintis, and Partner (a member firm of the PricewaterhouseCoopers network),
         which was submitted to the Ministry of SOE in May 2024 and to the OJK in June 2024.

3) Internal Audit
   The Audit Committee reviews the annual internal audit plan, monitors the implementation and audit results
   from BNI Internal Audit (IAD), and follows up to its completion by Management. The Audit Committee
   also holds discussions with Internal Audit in an effort to encourage effectiveness and strengthen the
   Internal Audit function.

      Based on the 2024 Internal Audit Annual Work Plan and Budget (RKAT), the realization of the planned
      activities carried out by Internal Audit is as follows:
 No.                                              Activity                                                Plan       Realization
 1.     Audit Delivery Channel                                                                             64             67
 2.     Overseas Office Audit                                                                               6              6
 3.     Mandatory Audit                                                                                    29             27
 4.     Division Audit                                                                                      0              1
 5.     Subsidiaries Audit                                                                                  1              3
 6.     Thematic Audit/IT Activity incl. IT Application and Non-IT                                         57             76
 7.     Independent Review                                                                                  4              7
 8.     Consultation                                                                                        0              7
 9.     Surprise                                                                                            2              2
 10.    Deepening (Non RKAT)                                                                               23             23
                                                                                             Total        186            219



      The realization of Internal Audit activities reached              In an effort to optimize its role, in general the Audit
      120.25% of the planned target based on the 2024                   Committee provides suggestions and advice to
      Annual Work and Budget Plan (RKAT).                               Management and IAD, including: Conducting a
                                                                        comprehensive exercise on credit documents, so
      Based on the review and evaluation of Internal                    that follow-up on credit document improvements
      Audit follow-ups until the end of 2024, the                       is not limited to audit sampling only, but all credit
      progress of follow-up completion on IAD audit                     documents will become compliant documents;
      findings has reached 99.05%. There are still                      Settlement of follow-up on findings from external
      1,353 follow-ups in the process of completion,                    auditors and/or regulators to be accelerated;
      consisting of 1,213 pending follow-ups from                       Reporting facilities through WBS to ensure
      2024, 111 pending follow-ups from 2023, and 29                    that all employees understand the function of
      pending follow-ups from 2022.                                     reporting facilities through WBS; Prioritizing the
                                                                        function of IAD as a Strategic Business Partner so
      From the review and evaluation of the                             that audit results can be used as lessons learned
      Whistleblowing System (WBS) reports, a total                      to improve business quality and processes; Audit
      of 289 reports were submitted through WBS                         results to be used as an alert for Management
      channels in 2024, with an additional 7 reports                    regarding conditions that need attention and are
      submitted outside of WBS channels. Among the                      used for decision making for Management.
      total 296 reports, 51 were substantiated, 196
      were unproven or lacked sufficient evidence,                   4) Compliance Director
      and 49 were still under investigation. Of the 51                  Based on the Audit Committee’s review of
      substantiated reports, the violations included                    compliance reports related to banking regulations
      unethical behavior (21 reports), regulatory/legal                 and other applicable laws, the findings are
      violations (8 reports), and fraud (3 reports).                    presented in the Compliance Director’s Task




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      Implementation Report. Throughout 2024, the                            been renamed KAP Rintis, Jumadi, Rianto
      company has consistently submitted these                               & Partners (also a PricewaterhouseCoopers
      reports to the Financial Services Authority                            network member), to audit the Consolidated
      (OJK) in accordance with OJK Regulation No.                            Financial Statements and other reports as
      46/POJK.03/2017 on the Implementation of the                           of December 31, 2024, as well as evaluating
      Compliance Function in Commercial Banks.                               the effectiveness of the 2023 audit services
      Additionally, the Audit Committee has reviewed                         (including independence and objectivity
      and discussed the Compliance Division’s work                           aspects);
      plan, the progress of employee case resolutions,                    b) Reviewing the Bank’s published financial
      and the implementation of the Anti-Fraud                               statements;
      Strategy Program.                                                   c) Assessing the effectiveness of the Internal
                                                                             Audit function concerning the realization of
      The discussion on the Compliance Division’s                            RKAT, audit findings and recommendations,
      work plan aims to enhance synergy between                              compliance with Internal Control, risk
      the Compliance, Anti-Fraud, and Internal Audit                         management processes, and corporate
      divisions in performing supervisory functions,                         governance (GCG) implementation;
      particularly ensuring the company’s compliance                      d) Evaluating the effectiveness of follow-ups on
      with applicable regulations.                                           Internal and External Auditor findings and
                                                                             recommendations;
      Based on the examination and evaluation of                          e) Reviewing      the     company’s        monthly
      employee case resolutions in 2024, there were                          performance reports, proposed revisions to
      147 cases, of which 123 cases have been resolved,                      the 2024 RBB/RKAP, and proposed RBB/RKAP
      while 24 cases remain in process.                                      for 2025–2028 and RAKB for 2025 submitted
                                                                             by Management;
      For resolved cases, employees found guilty                          f) Reviewing and providing input on the
      of violations and/or fraud were subjected to                           proposal for credit write-offs within a range of
      administrative sanctions, including: termination                       IDR 100 billion to IDR 200 billion;
      of employment for 74 employees, demotion for 21                     g) Examining management proposals requiring
      employees, written warnings for 34 employees,                          approval from the Board of Commissioners;
      formal warnings for 72 employees, and coaching                         and
      letters for 130 employees.                                          h) Formulating key recommendations and
                                                                             advice from the Audit Committee meetings
      The implementation of the Anti-Fraud Strategy                          and recommending that the Board of
      for Semester II of 2024 was reported to the OJK                        Commissioners         communicate          these
      in January 2025, and the Implementation of the                         recommendations to Management for follow-
      Anti-Fraud Strategy for Semester I of 2024 was                         up actions.
      reported to the OJK in July 2024. In 2024, the
      number of internal frauds that occurred was 61                  Audit Committee Statement on the
      incidents (2 of which were significant frauds that              Adequacy of Internal Control and Risk
      were reported incidentally to the OJK), while the               Management Systems
      number of external frauds that occurred was 26                  The Audit Committee assesses that the internal
      incidents.                                                      control and risk management systems implemented
                                                                      within BNI’s internal environment are effective,
  5) Board of Commissioners                                           adequate, and capable of managing risks and
     The Audit Committee’s duties, responsibilities,                  business opportunities to support the Bank’s
     and recommendations are periodically reported                    business objectives without compromising financial
     to the Board of Commissioners, with key                          performance, compliance, or reputation. The Bank’s
     highlights including:                                            internal control and risk management systems
     a) Reviewing the proposal for the appointment                    provide tools to anticipate and manage risks by
        of the Public Accounting Firm (KAP) for 2024,                 considering changes in risk profiles due to shifts in
        with a recommendation to the Board of                         business strategy, external factors, and regulatory
        Commissioners to appoint KAP Tanudiredja,                     requirements. This is reflected in the effectiveness
        Wibisana, Rintis & Partners (a member of the                  of internal control and risk management functions,
        PricewaterhouseCoopers network), which has                    including internal audit, compliance, financial, and
                                                                      operational controls.




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Audit Committee Work Plan for 2025                               The Nomination and
The Audit Committee has established a work plan for              Remuneration Committee [ACGS
2025, which will be carried out through Committee
                                                                 D.2.8, D.2.13]
Meetings, Reviews, and Reports to the Board
of Commissioners, with the following strategic
priorities:                                                      The establishment of the Nomination and
1. Reviewing financial information to be disclosed               Remuneration Committee aims to assist the
    to the public and/or regulatory authorities                  Board of Commissioners in carrying out its
    (Quarterly);                                                 duties and responsibilities related to providing
2. Reviewing financial information (Monthly);                    recommendations on the nomination and
3. Reviewing the procurement of KAP and                          remuneration process for members of the Board of
    recommending the appointment of a KAP for                    Commissioners, the Board of Directors, committee
    the 2025 financial year audit to the Board of                members at the Board of Commissioners level, and
    Commissioners;                                               the Bank’s employees as a whole. It also ensures that
4. Evaluating the general audit services provided                the implementation aligns with applicable laws and
    by KAP for the 2024 Consolidated Financial                   regulations as well as good corporate governance
    Statements and other reports;                                (GCG) principles. Additionally, the committee is
5. Reviewing       internal  and     external audit              responsible for reviewing and evaluating the Bank’s
    examinations and overseeing management’s                     talent management system and policies, as well as
    follow-up actions on audit findings;                         assessing organizational development proposals
6. Reviewing and recommending the Annual                         submitted by the Board of Directors.
    Audit and Consultation Plan to the Board of
    Commissioners;                                               Legal Basis for the Establishment of the
7. Assessing compliance with laws and regulations                Nomination and Remuneration Committee
    related to the company’s activities;                         The Nomination and Remuneration Committee
8. Recommending a rating agency appointment to                   of BNI is established based on the following
    evaluate the company’s financial health;                     regulations:
9. Monitoring the implementation of Internal                     1) Financial Services Authority Regulation No. 17 of
    Control Over Financial Reporting (ICOFR);                       2023, dated September 14, 2023, on Governance
10. Reviewing the implementation of Good Corporate                  Implementation for Commercial Banks;
    Governance (GCG);                                            2) Financial Services Authority Regulation No. 34/
11. Reviewing and updating corporate policies                       POJK.04/2014, dated December 8, 2014, on the
    requiring Board of Commissioners’ approval;                     Nomination and Remuneration Committee for
12. Reviewing and updating the Audit Committee                      Issuers or Public Companies;
    Charter;                                                     3) Minister of State-Owned Enterprises Regulation
13. Following up on directives from the Board                       No. PER-3/MBU/03/2023, dated March 20, 2023,
    of Commissioners regarding reports/letters                      on the Organs and Human Resources of State-
    submitted to them.                                              Owned Enterprises;
                                                                 4) Minister of State-Owned Enterprises Regulation
Audit Committee Member Remuneration                                 No. PER-2/MBU/03/2023, dated March 3, 2023,
[ACGS C.3.4]                                                        on Governance Guidelines and Significant
The remuneration policy for committee members                       Corporate Activities of State-Owned Enterprises;
from the Board of Commissioners is integrated with                  and
their honorarium, with no special remuneration                   5) Board of Commissioners Decree No. Kep/01/
allocated for each committee member. Meanwhile,                     DK/2002, dated December 2, 2002, on
the    remuneration      for   independent       (non-              the Establishment of the Nomination and
Commissioner) committee members is determined                       Remuneration Committee.
by the Board of Commissioners, with a maximum
limit of 20% of the President Director’s salary and              The Nomination and Remuneration
no additional income beyond this honorarium. This                Committee Charter [ACGS D.2.11, D.2.16]
policy aligns with the provisions of Minister of SOEs            The Nomination and Remuneration Committee
Regulation No. PER-3/MBU/03/2023 dated March                     operates under a written Charter that clearly
20, 2023, regarding the Organization and Human                   outlines its membership, structure, authority,
Resources of State-Owned Enterprises.                            duties and responsibilities, meetings, activities,
                                                                 and work procedures. The BNI Nomination and
                                                                 Remuneration Committee Charter was established
                                                                 through the Board of Commissioners’ Decree of PT
                                                                 Bank Negara Indonesia (Persero) Tbk. No. KEP/019/
                                                                 DK/2024, dated June 6, 2024. The contents of the BNI
                                                                 Nomination and Remuneration Committee Charter
                                                                 have been aligned with Financial Services Authority
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  Regulation No. 34/POJK.04/2014 on the Nomination                        4) Conduct evaluations of candidates for
  and Remuneration Committee for Issuers or Public                           BUMN representatives who will be proposed
  Companies.                                                                 as members of the Board of Directors or
                                                                             members of the Board of Commissioners of
  In general, the Nomination and Remuneration                                Subsidiaries, before being submitted to the
  Committee Charter covers:                                                  GMS/Minister;
  1. Legal foundation;                                                    5) Prepare and provide recommendations
  2. Organizational structure and membership of the                          to the Board of Commissioners regarding
     Nomination and Remuneration Committee;                                  the system and procedures for selecting
  3. Membership requirements for the Nomination                              and/or replacing members of the Board of
     and Remuneration Committee;                                             Commissioners and the Board of Directors to
  4. Responsibilities of the Nomination and                                  the Board of Commissioners to be submitted
     Remuneration Committee;                                                 to the General Meeting of Shareholders;
  5. Duties of the Nomination and Remuneration                            6) Prepare and provide recommendations to
     Committee;                                                              the Board of Commissioners regarding the
  6. Authority, rights, and obligations of the                               management process and implementation of
     Nomination and Remuneration Committee;                                  talent development for the needs of BUMN
  7. Meetings of the Nomination and Remuneration                             executives (Board of Directors and BOD-1).
     Committee; and                                                       7) Provide recommendations to the Board
  8. Term of office for members of the Nomination                            of Commissioners regarding Independent
     and Remuneration Committee.                                             Parties who will become members of the Audit
                                                                             Committee and Risk Monitoring Committee.
  The Nomination and Remuneration Committee
  Charter is periodically reviewed and may be                         B. Regarding the Remuneration function:
  updated for improvements when necessary while                          1) Conducting evaluations of the remuneration
  considering the Bank’s needs and complying with                           system/policy based on performance, risk,
  applicable regulations. The latest update to the                          fairness with peer groups, targets, and long-
  Nomination and Remuneration Committee Charter                             term strategies of the Bank, fulfillment of
  was made on June 6, 2024, and has been uploaded                           reserves as stipulated in laws and regulations
  to BNI’s website at https://www.bni.co.id/Portals/1/                      and the Bank’s potential income in the future.
  BNI/Perusahaan/Docs/Piagam-Komite-Nominasi-                            2) Preparing and providing recommendations to
  dan-Remunerasi-2024.pdf.                                                  the Board of Commissioners regarding:
                                                                            a. Remuneration structure;
  Duties and Responsibilities of the                                        b. Remuneration policy; and
  Nomination and Remuneration Committee                                     c. Amount of remuneration;
  The following is a description of the duties and                          The structure, policy and amount of
  responsibilities of the Nomination and Remuneration                       remuneration for the Board of Commissioners
  Committee related to providing recommendations                            and Board of Directors mentioned above
  to the Board of Commissioners in relation to the                          are evaluated by the Nomination and
  Bank’s nomination and remuneration process:                               Remuneration Committee at least once a year.
  A. Related to the nomination function:                                 3) Delivering evaluation results and providing
     1) Provide recommendations to the Board of                             recommendations        to    the   Board    of
        Commissioners regarding:                                            Commissioners regarding:
        a. Composition of positions of members of                           a. Remuneration policy for the Board of
           the Board of Directors and/or members of                             Directors and Board of Commissioners to
           the Board of Commissioners;                                          be submitted to the General Meeting of
        b. Policies and criteria required in the                                Shareholders.
           Nomination process; and                                          b. Remuneration policy for executive officers
        c. Performance evaluation policies for                                  and employees as a whole to be submitted
           members of the Board of Directors and/or                             to the Board of Directors.
           members of the Board of Commissioners.                        4) Ensuring that the remuneration policy is in
     2) Assist the Board of Commissioners in                                accordance with applicable provisions.
        assessing the performance of members                             5) Conducting periodic evaluations of the
        of the Board of Directors and/or members                            implementation of the remuneration policy.
        of the Board of Commissioners based on                           6) Assisting the Board of Commissioners
        benchmarks that have been prepared as                               in    assessing     performance    with    the
        evaluation materials;                                               appropriateness of the remuneration received
     3) Provide recommendations to the Board of                             by each member of the Board of Directors and/
        Commissioners regarding the program for                             or member of the Board of Commissioners.
        developing the capabilities of members of
        the Board of Directors and/or members of the
                                                                                                         2024 Annual Report
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C. Related to the Talent Management function:                      2) Members of the Board of Commissioners
   1) Conducting evaluations of the Talent                            are committed to providing the expected
      Classification system and procedures carried                    time. Other significant commitments outside
      out by the Board of Directors;                                  the Bank must be disclosed to the Board of
   2) Conducting periodic reviews of the company’s                    Commissioners prior to appointment, along
      Talent Management System and monitoring                         with an indication of the time commitment
      and evaluating its implementation;                              required and the Board of Commissioners
   3) Validate and calibrate the Talents proposed                     must be notified if there are changes to such
      by the Board of Directors to the Board of                       commitments.
      Commissioners/Supervisory Board (Selected
      Talent), to produce a list of Talents to be               G. Carrying out other tasks assigned by the Board
      nominated by the Board of Commissioners/                     of Commissioners related to the nomination and
      Supervisory Board to the GMS/Minister                        remuneration function.
      (Nominated Talent).
                                                                H. The procedure for carrying out the duties and
D. In appointing the President Commissioner,                       functions of the Nomination and Remuneration
   the Nomination and Remuneration Committee                       Committee is carried out based on the Financial
   prepares a description of the job specifications,               Services Authority Regulation governing the
   including time commitment requirements that                     Nomination and Remuneration Committee
   also consider the need for time commitment                      of Commercial Banks, the Financial Services
   during a crisis. The existence of other significant             Authority Regulation governing the Nomination
   commitments outside the corporation must be                     and Remuneration Committee of Issuers or public
   disclosed to the board of commissioners prior to                companies and the Financial Services Authority
   appointment and disclosed in the annual report.                 Regulation governing the implementation of
   Changes in commitments must be immediately                      governance in providing remuneration for
   reported to the board of commissioners and their                commercial banks, which are applicable.
   impact explained in the next annual report.
                                                                Authority, Rights, and Obligations of the
E. In appointing Commissioners Members, the                     Nomination and Remuneration Committee
   Nomination and Remuneration Committee                        In carrying out its duties, the Nomination and
   determines the terms and conditions for                      Remuneration Committee has the following
   appointing Commissioners Members. These                      authorities:
   terms and conditions are available for review. The           1. Accessing records or information about
   expected time commitment is stated in the Letter                employees, funds, assets, and other resources
   of Appointment of Commissioners Members and                     belonging to BNI related to the implementation
   Commissioners Members must have sufficient                      of its duties. The Nomination and Remuneration
   time to fulfill the expected time commitment.                   Committee is required to report in writing
   The existence of other significant commitments                  the results of the assignment to the Board of
   outside BNI must be disclosed to the Board of                   Commissioners.
   Commissioners prior to appointment, along with               2. Can cooperate with the Human Resources
   an indication of the time commitment required                   Division, Development and Learning Division,
   and the Board of Commissioners must be notified                 Budgeting and Financial Management Division,
   if there are changes to such commitments.                       and other related Divisions.
                                                                3. In carrying out its duties, the Nomination and
F. Develop guidelines to ensure that all members                   Remuneration Committee has the authority
   of the Board of Commissioners allocate sufficient               to recommend proposals for independent
   time to the Bank to be able to carry out their                  consultants from the Board of Directors to be
   responsibilities effectively. The guidelines include            appointed by the Board of Commissioners in
   among others:                                                   order to support the functions and duties of
   1) The President Commissioner is committed to                   the Nomination and Remuneration Committee,
       providing sufficient time and also considering              which include compiling a study of remuneration
       the need for time commitments during times                  proposals based on benchmark data, by
       of crisis. Other significant commitments                    considering and being responsible for the
       outside the Bank must be disclosed to the                   selection and requirements of its assignment,
       Board of Commissioners prior to appointment                 as well as disclosing the identity and costs of
       and disclosed in the annual report. Changes in              consulting services.
       commitments must be immediately reported                 4. Must carry out its duties properly and maintain
       to the Board of Commissioners and their                     the confidentiality of all documents, data and
       impact explained in the next annual report.                 information of the Company, both from internal
                                                                   and external parties and only used for the benefit
                                                                   of carrying out the duties of the Committee.
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  5. In carrying out its duties and responsibilities                  Structure, Membership, and Expertise of the
     related to the remuneration policy, the                          Nomination and Remuneration Committee
     Nomination and Remuneration Committee must                       Members
     pay attention to at least:                                       The composition of the Nomination and
     a) Financial performance and fulfillment of                      Remuneration Committee within BNI, as stated in
        reserves as stipulated in applicable laws.                    the Committee Charter, is as follows:
     b) Individual work performance.                                  1) The Nomination and Remuneration Committee is
     c) Fairness with peer groups, and                                    established by the Board of Commissioners. The
     d) Consideration of the Bank’s long-term goals                       Board may form the Committee as a separate
        and strategies.                                                   entity.
  6. Before the current fiscal year, the Nomination                   2) The Committee must act independently and
     and Remuneration Committee must prepare                              report directly to the Board of Commissioners.
     and submit an Annual Work Plan and Budget to                     3) The appointment of Committee members is
     the Board of Commissioners for determination,                        carried out by the Board of Directors based on a
     a copy of which is submitted by the Board of                         Board of Commissioners’ resolution.
     Commissioners to the Board of Directors for                      4) The Nomination and Remuneration Committee
     their information. The implementation of the                         consists of at least 3 (three) members, namely
     Nomination and Remuneration Committee’s                              1 (one) Independent Commissioner who also
     Annual Work Plan and Budget is reported to the                       serves as Chair, 1 (one) Commissioner and 1
     Board of Commissioners.                                              (one) executive officer who oversees the human
  7. The Nomination and Remuneration Committee is                         resources function or a party who holds a
     required to prepare and submit a report on the                       managerial position under the Board of Directors
     implementation of its duties, responsibilities and                   who oversees human resources at BNI.
     nomination and remuneration procedures to the                    5) Other members of the Nomination and
     Board of Commissioners.                                              Remuneration Committee other than the
                                                                          minimum members as stated in point 4) above
  Policy on Appointment, Dismissal, and                                   may come from other members of the Board of
  Term of Office of the Nomination and                                    Commissioners and parties from outside BNI.
  Remuneration Committee Members                                       6) If the Nomination and Remuneration Committee
  The tenure of a Nomination and Remuneration                             members are determined to consist of more than
  Committee member who is also a member of                                3 (three) person, then the committee members
  the Board of Commissioners automatically ends                           who are Independent Commissioners must
  when their term as a Commissioner expires. If                           number at least 2 (two) person.
  a Commissioner serving as a member of the                           7) The majority of additional Committee members,
  Nomination and Remuneration Committee resigns                           as referred to in point (5), must not be managerial-
  before completing their term, they may be replaced                      level officers below the Board of Directors
  by another Commissioner. If the Commissioner                            responsible for human resources.
  serving as the Chair of the Nomination and                          8) The Chair of the Nomination and Remuneration
  Remuneration Committee steps down from their                            Committee        must      be    an     Independent
  role as a Commissioner, the Chair position must be                      Commissioner at BNI.
  reassigned to another Independent Commissioner                      9) The Chairperson of the Nomination and
  within no later than 30 days.                                           Remuneration Committee is prohibited from
                                                                          holding concurrent positions as chair of more
  Meanwhile, the replacement of a Nomination and                          than 1 (one) committee in another committee
  Remuneration Committee member who is not                                and may only hold concurrent positions as
  from the Bank’s Board of Commissioners must be                          Chairperson of a Committee in a maximum of 1
  completed within a maximum of 60 days after the                         (one) other committee at BNI.
  respective member is no longer able to perform                      10) Committee members must not be members of
  their duties. The term of office for independent                        the Board of Directors, either at BNI or at any
  members of the Nomination and Remuneration                              other bank.
  Committee is a maximum of three years and can be                    11) If deemed necessary, the Committee may appoint
  extended once for an additional two years, resulting                    a Committee Secretary, whose assignment,
  in a total tenure of up to five years. However, the                     rights, authority, and responsibilities are
  Board of Commissioners retains the right to dismiss                     determined by the Committee Chair.
  any Committee member at any time.




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Number, Structure, and Composition of Membership of the Nomination and Remuneration
Committee
In 2024, the BNI Nomination and Remuneration Committee consists of 13 (thirteen) people appointed based
on the Decree of the Board of Commissioners. Of this number, 6 (six) people are Independent Commissioners,
one of whom serves as Chairman, 5 (five) Commissioners, 1 (one) person as a party holding a managerial
position under the Board of Directors in charge of human resources at BNI, and 1 (one) other person is an
Independent Party from outside the Bank. [ACGS D.2.10, D.2.15]

The composition of the membership of the Nomination and Remuneration Committee as of December
31, 2024 is filled by Independent Commissioners, Non-Independent Commissioners, Members from
Independent Parties, and executive officers in charge of human resources functions. The composition of
the chairman and members of the Bank’s Nomination and Remuneration Committee has reflected that the
majority of the membership remains filled by independent parties. [ACGS D.2.9, D.2.14, (B).D.2.1]

The Bank ensures that the structure and composition of the Nomination and Remuneration Committee
currently in office have met the provisions set out in the Nomination and Remuneration Committee Charter.

The following is the composition of the members of the BNI Nomination and Remuneration Committee
throughout 2024:

January 1, 2024– March 4, 2024 Period
            Name                     Position                         Term of Office                             Position in the Bank
     Pradjoto                       Chairman                   September 21, 2023-present                    President Commissioner/
                               [ACGS D.2.10, D.2.15]                                                       Independent Commissioner
     Pahala Nugraha             Member                          October 30, 2023-present                  Vice President Commissioner
     Mansury
     Sigit Widyawan             Member                           July 20, 2020-present                     Independent Commissioner
     Askolani                   Member                         January 30, 2020-present                          Commissioner
     Asmawi Syam                Member                           July 20, 2020-present                     Independent Commissioner
     Susyanto1)                 Member                      September 8, 2020-March 4, 2024                      Commissioner
     Iman Sugema                Member                          August 27, 2020-present                    Independent Commissioner
     Septian Hario Seto         Member                          August 27, 2020-present                    Independent Commissioner
     Erwin Rijanto Slamet       Member                          August 16, 2021-current                    Independent Commissioner
     Fadlansyah Lubis           Member                        December 29, 2022-current                          Commissioner
     Robertus Billitea          Member                        September 21, 2023-present                         Commissioner
     Danni Tri Suryani    Independent Member                    August 10, 2020-present                                 -
     Yenni Sari Dewi            Member                           May 26, 2023-present                        Human Capital Strategy
                                                                                                                 Division Head
1)
     Resigned from the position of Commissioner as of March 4, 2024


March 4, 2024– December 31, 2024 Period
            Name                     Position                         Term of Office                             Position in the Bank
     Pradjoto                       Chairman                   September 21, 2023-present                    President Commissioner/
                               [ACGS D.2.10, D.2.15]                                                       Independent Commissioner
     Pahala Nugraha             Member                          October 30, 2023-present                  Vice President Commissioner
     Mansury
     Sigit Widyawan             Member                            July 20, 2020-present                    Independent Commissioner
     Askolani                   Member                          January 30, 2020-present                         Commissioner
     Asmawi Syam                Member                            July 20, 2020-present                    Independent Commissioner
     Iman Sugema                Member                           August 27, 2020-present                         Commissioner
     Septian Hario Seto         Member                           August 27, 2020-present                   Independent Commissioner
     Erwin Rijanto Slamet       Member                           August 16, 2021-current                   Independent Commissioner
     Fadlansyah Lubis           Member                         December 29, 2022-current                   Independent Commissioner
     Robertus Billitea          Member                         September 21, 2023-present                        Commissioner
     Mohamad Yusuf              Member                          October 22, 2024-present                         Commissioner
     Permana1)
     Danni Tri Suryani    Independent Member                     August 10, 2023-present                                  -
     Yenni Sari Dewi            Member                            May 26, 2023-present                          Human Capital Strategy
                                                                                                                   Division Head
1)
     Served as Commissioner since March 4, 2024, and effective based on OJK approval as of September 2, 2024.




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  Nomination and Remuneration Committee Profile

  Chairman of the Nomination and Remuneration Committee
   Pradjoto
   Legal Basis of Appointment Board of Commissioners Decree No. KEP/013/DK/2023 dated September 21, 2023
   Term of Office                  September 21, 2023 - September 20, 2028
   Professional Certication        - Certification of Competence in Banking Risk Management, Qualification 6
                                   - Certified Governance Oversight Professional (CGOP)
   Complete Profile                Profile can be found in the of the Board of Commissioners Profiles.


  Member of the Nomination and Remuneration Committee as Board of Commissioner
   Pahala Nugraha Mansury
   Legal Basis of Appointment Board of Commissioners Decree No. KEP/018/DK/2023 dated October 30, 2023
   Term of Office                  October 30, 2023-October 29, 2028
   Professional Certication        - Risk Management Certification Level JK 7
                                   - Alignment of Risk Management Certification Level JK 7
                                   - Governance, Risk & Compliance (GRC) Certification
   Complete Profile                Profile can be found in the of the Board of Commissioners Profiles.


   Sigit Widyawan
   Legal Basis of Appointment Board of Commissioners Decree No. KEP/026/DK/2020 dated July 20, 2020
   Term of Office                  July 20, 2020 - July 19, 2025
   Professional Certication        - Risk Management Certification Level JK 6
                                   - Alignment of Risk Management Certification Level JK 6
                                   - Indonesia Internal Audit Practitioner (IIAP) Certification
   Complete Profile                Profile can be found in the of the Board of Commissioners Profiles.


   Askolani
   Legal Basis of Appointment Board of Commissioners Decree No. KEP/001/DK/2020 dated January 30, 2020
   Term of Office                  January 30, 2020 - January 19, 2025
   Professional Certication        - Alignment of Risk Management Certification Level JK 6
                                   - Governance, Risk & Compliance (GRC) Certification
   Complete Profile                Profile can be found in the of the Board of Commissioners Profiles.


   Asmawi Syam
   Legal Basis of Appointment Board of Commissioners Decree No. KEP/029/DK/2020 dated July 20, 2020
   Term of Office                  July 20, 2020 - July 19, 2025
   Professional Certication        - Risk Management Certification Level JK 7
                                   - Alignment of Risk Management Certification Level JK 7
                                   - Indonesia Internal Audit Practitioner (IIAP) Certification
                                   - Governance, Risk & Compliance (GRC) Certification
   Complete Profile                Profile can be found in the of the Board of Commissioners Profiles.


   Iman Sugema
   Legal Basis of Appointment Board of Commissioners Decree No. KEP/037/DK/2020 dated August 27, 2020
   Term of Office                  August 27, 2020 - August 26, 2025
   Professional Certication        - Risk Management Certification Level JK 6
                                   - Alignment of Risk Management Certification Level JK 6
   Complete Profile                Profile can be found in the of the Board of Commissioners Profiles.


   Septian Hario Seto
   Legal Basis of Appointment Board of Commissioners Decree No. KEP/036/DK/2020 dated August 27, 2020
   Term of Office                  August 27, 2020 - August 26, 2025
   Professional Certication        - Risk Management Certification Level JK 6
                                   - Alignment of Risk Management Certification Level JK 6
   Complete Profile                Profile can be found in the of the Board of Commissioners Profiles.

                                                                                                             2024 Annual Report
                                                                                           PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                    815
Page 215
                                        Performa    Management      Company         Management Discussion and        Business Support
                                          2024        Report         Profile      Analysis on Company Performance       Functions



Erwin Rijanto Slamet
Legal Basis of Appointment Board of Commissioners Decree No. KEP/014/DK/2021 dated August 16 2021
Term of Office                August 16, 2021 - August 15, 2026
Professional Certication      - Alignment of Risk Management Certification Level JK 6
                              - Governance, Risk & Compliance (GRC) Certification
Complete Profile              Profile can be found in the of the Board of Commissioners Profiles.


Fadlansyah Lubis
Legal Basis of Appointment Board of Commissioners Decree No. KEP/022/DK/2022 dated December 29 2022
Term of Office                December 29, 2022 - December 28, 2027
Professional Certication      Alignment of Risk Management Certification Level JK 6
Complete Profile              Profile can be found in the of the Board of Commissioners Profiles.


Robertus Billitea
Legal Basis of Appointment Board of Commissioners Decree No. KEP/006/DK/2023 dated September 21, 2023
Term of Office                September 21, 2023 - September 20, 2028
Professional Certication      - Risk Management Certification Level JK 6
                              - Alignment of Risk Management Certification Level JK 6
Complete Profile              Profile can be found in the of the Board of Commissioners Profiles.


Mohamad Yusuf Permana
Legal Basis of Appointment Board of Commissioners Decree No. KEP/028/DK/2024 dated October 22, 2024
Term of Office                October 22, 2024 - October 21, 2029
Professional Certication      - Risk Management Certification Level JK 6
                              - Alignment of Risk Management Certification Level JK 6
Complete Profile              Profile can be found in the of the Board of Commissioners Profiles.



Member of the Nomination and Remuneration Committee from the Independent Party
 Danni Tri Suryani
 Independent Member of Nomination and Remuneration
 Comittee

 Age                                                              Term of Office
 58 years old as of December 31, 2024                             • 2020-2023 (First Period)
                                                                  • 2023-2025 (Second Period)
 Nationality
 Indonesian citizen                                               Professional Certification and/or Training
                                                                  Level 3 Risk Management Certification
 Domicile
 Jakarta, Indonesia                                               Work Experience
                                                                  • Human Capital Head and Corporate Secretary at Mandiri
 Education                                                          Investment Management (2017-2020)
 • Bachelor’s Degree in Management Economics from                 • Executive Vice President Human Capital at Bank Mutiara/
   Universitas Indonesia (1989)                                     J Trust (2014-2015)
 • Master of Science Degree n Human Resources Development         • Learning and Knowledge Management Group Head at PT
   from the University of Stirling, Scotland, UK (2000)             Bank Niaga (Persero) Tbk (2006-2009)

 Legal Basis of Appointment                                       Concurrent Position
 Appointed for the first time as Member of the Nomination and     No concurrent positions internally or externally
 Remuneration Committee in January 2018 based on Board of
 Commissioners Decree No. KEP/032/ DK/2020 dated August 10,
 2020




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    Yenni Sari Dewi
    Anggota Komite Nominasi dan Remunerasi


    Age                                                               6. Srikandi Leadership Series 1: Implementation of RWP and
    46 years old as of December 31, 2024                                  EWP in Efforts to Enhance Women's Leadership Engagement
                                                                          and Productivity in SOEs, Srikandi BUMN, October 4, 2024.
    Nationality                                                       7. Onboarding HC Talent Sessions 1 & 2 (for Project Manager),
    Indonesian citizen                                                    Forum Human Capital Indonesia (FHCI), October 17 & 22,
                                                                          2024.
    Domicile                                                          8. Workshop Redefining Project Charter, Forum Human Capital
    Jakarta, Indonesia                                                    Indonesia (FHCI) and Corporate Innovation Asia (CIAS),
                                                                          November 28, 2024.
    Education                                                         9. Business Essential 3: Finance for Executives, BUMN School
    • Bachelor’s Degree in Nutrition and Animal Feed from                 of Excellence x Emeritus x Columbia University Business
      Universitas Gadjah Mada (2000)                                      School, October 3 – November 29, 2024.
    • Master’s Degree in General Business from Universitas Gadjah     10. Others: Online Training via LinkedIn Learning - AKHLAK
      Mada (2003)                                                         Pathways (18 items), BNU Leadership Series & Mandatory
                                                                          Learning (UU PDP, SMAP)
    Legal Basis of Appointment
    Appointed for the first time as Member of the Nomination and      Work Experience
    Remuneration Committee on May 26, 2023 based on Board of          • Head of Management & Organization Research Group–
    Commissioners Decree No. KEP/002/DK/2023 dated May 26,              Strategic Planning Division (2015-2020),
    2023                                                              • Dean of Leadership & Future Capability Academy – BNI
                                                                        Corporate University (2020-2021)
    Term of Office                                                    • Deputy Head of Strategy & Policy Division – Human Capital
    2023 - Present                                                      Strategy Division (2021-2023)
                                                                      • Head of Human Capital Strategy Division at PT Bank Negara
    Professional Certification and/or Training                          Indonesia (Persero), Tbk (2023 - present)
    1. Sharing Sessions: Talent Management & Productivity,
       William Wolf & McKinsey at the BoD Retreat, May 8-10, 2024.    Concurrent Position
    2. CHRO Masterclass Vol 3, Women Leadership in the New of         Head of Human Capital Strategy Division at PT Bank Negara
       Work, BUMN School of Excellence, May 22, 2024.                 Indonesia (Persero), Tbk
    3. SOE Srikandi Leadership Program (SSLP) Batch-1, BUMN
       School of Excellence & Srikandi BUMN, May – June 2024.
    4. CHRO Masterclass Vol 4, Future Capabilities in the
       Sustainability Era, BUMN School of Excellence, August 5,
       2024.
    5. Risk Management Certification JK-6, LSPP, August 9, 2024.



  Qualifications, Education, and Work                                    party in this charter follows the applicable
  Experience of the Nomination and                                       regulations governing independent committee
  Remuneration Committee                                                 members under the Board of Commissioners,
  The membership requirements for BNI’s Nomination                       particularly the Financial Services Authority (OJK)
  and Remuneration Committee are as follows:                             Circular Letter on Governance Implementation
  1) Possess high integrity, adequate capability,                        for Commercial Banks and the OJK Regulation on
     knowledge, and work experience in the                               the Nomination and Remuneration Committee
     Committee’s areas of responsibility, as well as an                  for Issuers or Public Companies.
     understanding of the banking sector.                             2) Have relevant experience in nomination and/or
  2) Have no personal interests or affiliations that                     remuneration.
     could create negative impacts or conflicts of                    3) Not be an employee of BNI.
     interest with the company.                                       4) Not hold concurrent positions as:
  3) Be able to allocate sufficient time to fulfill their                a. A member of the Board of Commissioners/
     duties.                                                                 Supervisory Board in a State-Owned
  4) Demonstrate strong collaboration and effective                          Enterprise (SOE) or other company.
     communication skills.                                               b. A secretary or staff member of the Board of
                                                                             Commissioners/Supervisory Board in an SOE
  In addition to meeting the above requirements,                             or other company.
  all independent members of the Nomination and                          c. A member of any other committee within the
  Remuneration Committee must also fulfill the                               company.
  following criteria:                                                 5) The executive officer overseeing human
  1) Have no affiliation, financial, managerial,                         resources must have knowledge of remuneration
      ownership, or family relationships with                            and/or nomination systems and the bank’s
      members of the Board of Commissioners, the                         succession planning.
      Board of Directors, and/or holders of BNI’s Series              6) BNI must verify the accuracy of all documents or
      A Dwiwarna shares, or any other relationships                      supporting data related to the independent status
      with BNI that may affect their ability to act                      requirements, including a personal integrity
      independently. The definition of an independent                    statement from the independent party.


                                                                                                           2024 Annual Report
                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                  817
Page 217
                                        Performa      Management        Company         Management Discussion and          Business Support
                                          2024          Report           Profile      Analysis on Company Performance         Functions



By adhering to both the general and specific requirements outlined in the Nomination and Remuneration
Committee Charter, the Bank ensures that the current Chair and all members of the Committee meet the
educational qualifications and work experience criteria, as detailed in the table below:

Educational Qualifications and Work Experience, and Fields of Expertise of the Audit Committee
   Name           Position                 Education                               Work Experience               Areas of Expertise
Pradjoto        Chairman      Educational background can             Work experience can be found in the Board          • Law
                              be found in the Board of               of Commissioners Composition Diversity             • Economics
                              Commissioners Composition              Section
                              Diversity Section
Pahala          Member        Educational background can             Work experience can be found in the Board          • Accounting
Nugraha                       be found in the Board of               of Commissioners Composition Diversity             • Finance
Mansury                       Commissioners Composition              Section
                              Diversity Section
Sigit           Member        Educational background can             Work experience can be found in the Board          • Economic
Widyawan                      be found in the Board of               of Commissioners Composition Diversity             • Accounting
                              Commissioners Composition              Section                                            • Finance
                              Diversity Section
Askolani        Member        Educational background can             Work experience can be found in the Board          Economics
                              be found in the Board of               of Commissioners Composition Diversity
                              Commissioners Composition              Section
                              Diversity Section
Asmawi          Member        Educational background can             Work experience can be found in the Board          Economics
Syam                          be found in the Board of               of Commissioners Composition Diversity
                              Commissioners Composition              Section
                              Diversity Section
Iman            Member        Educational background can             Work experience can be found in the Board          • Agribusiness
Sugema                        be found in the Board of               of Commissioners Composition Diversity             • Economics
                              Commissioners Composition              Section
                              Diversity Section
Septian         Member        Educational background can             Work experience can be found in the Board          • Accounting
Hario Seto                    be found in the Board of               of Commissioners Composition Diversity             • Finance
                              Commissioners Composition              Section
                              Diversity Section
Erwin           Member        Educational background can             Work experience can be found in the Board          Economics
Rijanto                       be found in the Board of               of Commissioners Composition Diversity
Slamet                        Commissioners Composition              Section
                              Diversity Section
Fadlansyah      Member        Educational background can             Work experience can be found in the Board          Law
Lubis                         be found in the Board of               of Commissioners Composition Diversity
                              Commissioners Composition              Section
                              Diversity Section
Robertus        Member        Educational background can             Work experience can be found in the Board          Law
Billitea                      be found in the Board of               of Commissioners Composition Diversity
                              Commissioners Composition              Section
                              Diversity Section
Mohamad         Member        Educational background can             Work experience can be found in the Board          Economics
Yusuf                         be found in the Board of               of Commissioners Composition Diversity
Permana                       Commissioners Composition              Section
                              Diversity Section
Danni Tri      Independent    • Bachelor’s Degree in                 Leader of Human Capital and Corporate              • Management
Suryani        Member           Management Economics from            Secretary at Mandiri Investment Management,          Economics
                                the University of Indonesia (1989)   Executive Vice President of Human Capital at       • Organizational
                              • Master of Science in Human           Bank Mutiara/J Trust, Learning and Knowledge         Management
                                Resources Development from the       Management Group Head at PT CIMB Niaga               and Human
                                University of Stirling, Scotland,    Tbk.                                                 Resources
                                UK (2000)
Yenni Sari      Member        • Bachelor’s Degree in Animal          Leader of the Management & Organization            • Management
Dewi                            Nutrition and Feed from Gadjah       Research Group – Strategic Planning Division,        Economics
                                Mada University (2000)               Dean of the Academy of Leadership & Future         • Organizational
                              • Master’s Degree in General           Capabilities – BNI Corporate University,             Management
                                Business from Gadjah Mada            Deputy Head of the Strategy & Policy Division        and Human
                                University (2003)                    – Human Capital Strategy Division, Head of           Resources
                                                                     Human Capital Strategy Division at PT Bank
                                                                     Negara Indonesia (Persero) Tbk.


Independence Statement of the Nomination and Remuneration Committee
All members of the Bank’s Nomination and Remuneration Committee meet the independence criteria,
ensuring their ability to perform their duties professionally and independently. They uphold the Bank’s
interests and remain unaffected by any external influence that is not in accordance with applicable laws
and regulations. This commitment is reinforced by the composition of the Nomination and Remuneration
Committee, which consists predominantly of Independent Commissioners of the Bank.

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  The aspects of independence for the members of the Nomination and Remuneration Committee are detailed
  in the table below:

  Nomination and Remuneration Committee Independency
                                                                         Independency Aspects
                                                                                                     No familial
                                                                                                    relationships
                                                                                                  with the Board of
                                   No financial
                                                     No management                                Commissioners,         Not serving on
              Name                relationships                                No share
                                                     relationships in                                 the Board           the board of
                                with the Board of                             ownership
                                                     BNI, subsidiaries                              of Directors,        political party
                                 Commissioners                              relationship in
                                                       or affiliated                               and/or fellow         or government
                                and the Board of                                  BNI
                                                        companies                                 members of the             official
                                    Directors
                                                                                                  Nomination and
                                                                                                   Remuneration
                                                                                                     Committee
   Pradjoto
   Pahala Nugraha
   Mansury
   Sigit Widyawan
   Askolani
   Asmawi Syam
   Iman Sugema
   Septian Hario Seto
   Erwin Rijanto Slamet
   Fadlansyah Lubis
   Robertus Billitea
   Mohamad Yusuf
   Permana
   Danni Tri Suryani
   Yenni Sari Dewi


  Concurrent Positions Information
  As a form of transparency, information regarding the concurrent positions held by the members of the
  Nomination and Remuneration Committee is outlined in the table below:
                                                                                                                       Position in Other
                                                                  Position in Other      Position in Other
            Name                   Position in the Bank                                                                 State-Owned
                                                                        Banks            Public Companies
                                                                                                                         Enterprises
   Pradjoto                   Chairman of the Nomination
                              and Remuneration Committee
                                                                         None                      None                      None
                              & President Commissioner/
                              Independent Commissioner
   Pahala Nugraha             Vice President Commissioner
                                                                         None                      None                      None
   Mansury
   Sigit Widyawan             Independent Commissioner                   None                      None                      None
   Askolani                   Commissioner                               None                      None                      None
   Asmawi Syam                Independent Commissioner                   None                      None                      None
   Iman Sugema                Independent Commissioner                   None                      None                      None
   Septian Hario Seto         Independent Commissioner                   None                      None                      None
   Erwin Rijanto Slamet       Independent Commissioner                   None                      None                      None
   Fadlansyah Lubis           Commissioner                               None                      None                      None
   Robertus Billitea          Commissioner                               None                      None                      None
   Mohamad Yusuf              Commissioner
                                                                         None                      None                      None
   Permana
   Danni Tri Suryani          Independent Member                         None                      None                      None
   Yenni Sari Dewi            Human Capital Strategy
                                                                         None                      None                      None
                              Division Head



                                                                                                                2024 Annual Report
                                                                                              PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                       819
Page 219
                                        Performa      Management         Company         Management Discussion and        Business Support
                                          2024          Report            Profile      Analysis on Company Performance       Functions



Nomination and Remuneration Committee                                      reached, decision-making is based on majority
Meetings [ACGS D.2.12, D.2.17]                                             vote with the principle of 1 (one) person 1 (one)
                                                                           vote.
Meeting Policy
The Nomination and Remuneration Committee
Charter clearly outlines the policies and procedures                   5) If in the decision-making process carried out
for conducting meetings of BNI’s Nomination and                           by voting there are an equal number of votes,
Remuneration Committee, as follows:                                       then the decision is taken based on the majority
1) Meetings of the Nomination and Remuneration                            vote with the principle of 1 (one) person 1 (one)
   Committee are held as needed by the Bank, with                         vote, without counting the votes of members
   a minimum of four meetings per year.                                   who are Human Resources Executive Officers or
2) The Nomination and Remuneration Committee                              parties who hold managerial positions under the
   Meeting may only be held if attended by a                              Board of Directors who are in charge of human
   majority of the members of the Nomination and                          resources.
   Remuneration Committee and of the majority,                         6) The results of the Nomination and Remuneration
   one is the Chairperson of the Nomination and                           Committee meetings are recorded in minutes of
   Remuneration Committee and 1 (one) Executive                           the meeting, signed by all committee members,
   Officer in charge of Human Resources or a party                        and properly documented.
   holding a managerial position under the Board of                    7) Any dissenting opinions expressed in the
   Directors in charge of human resources.                                meeting must be clearly recorded in the minutes,
3) Meetings are chaired by the Chairperson of the                         along with the reasons for the disagreement.
   Nomination and Remuneration Committee. If                           8) The minutes of the meeting, as referred to in
   the Chairperson is unable to attend, the meeting                       point 6 above, are submitted in writing by the
   is led by the most senior committee member                             Nomination and Remuneration Committee to the
   designated/agreed upon in the meeting.                                 Board of Commissioners.
4) Decision-making at the Nomination and                               9) The attendance of Nomination and Remuneration
   Remuneration Committee meeting is based on                             Committee members in meetings is reported in
   consensus. In the event that consensus is not                          the committee’s quarterly and annual reports.


Meeting Frequency and Attendance Rate of the Nomination and Remuneration Committee Members
In 2024, the Nomination and Remuneration Committee held 23 (twenty-three) meetings. The frequency of
these meetings complies with the requirements set forth in the Nomination and Remuneration Committee
Charter.

Below is the attendance record of the Committee members in the Nomination and Remuneration Committee
meetings throughout 2024:
                                                                                        Number of
                                                                                                        Attended
                                                                                        Meetings                         Percentage
               Name                                     Position                                       [ACGS D.2.12,
                                                                                       [ACGS D.2.12,                 [ACGS D.2.12, D.2.17]
                                                                                                          D.2.17]
                                                                                          D.2.17]

 Pradjoto                            Chairman of the Nomination and                         23             23                 100%
                                     Remuneration Committee & President
                                     Commissioner/Independent Commissioner
 Pahala Nugraha Mansury              Vice President Commissioner                            23             20                  87%
 Asmawi Syam                         Independent Commissioner                               23             23                 100%
 Sigit Widyawan                      Independent Commissioner                               23             23                 100%
 Iman Sugema                         Independent Commissioner                               23             23                 100%
 Septian Hario Seto                  Independent Commissioner                               23             21                  91%
 Erwin Rijanto Slamet                Independent Commissioner                               23             23                 100%
 Askolani                            Commissioner                                           23             21                  91%
 Susyanto*)                          Commissioner                                            7              7                 100%
 Fadlansyah Lubis                    Commissioner                                           23             23                 100%
 Robertus Billitea                   Commissioner                                           23             22                  96%
 Mohamad Yusuf Permana**)            Commissioner                                            6              5                  83%
 Danni Tri Suryani                   Independent Member                                     23             23                 100%
 Yenni Sari Dewi                     Human Capital Strategy Division Head                    9              9                 100%
*) Resigned from the position of Commissioner as of March 4, 2024
**) Appointed as Commissioner since March 4, 2024, and effective based on OJK approval since September 2, 2024

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  Meeting Agenda
  Throughout 2024, the Nomination and Remuneration Committee meetings discussed the following topics:
             Meeting
    No.                               Meeting Agenda                       Audit Committee Member                      Invitee
              Dates
     1    February 13,      •   Talent Development Policy,             1. Pradjoto                         Human Capital &
          2024                  related to the SOE Talent Pool         2. Pahala Nugraha Mansury           Compliance Director
                            •   Board of Commissioners                 3. Asmawi Syam
                                Development Program 2024               4. Sigit Widyawan
                                (including Risk Management             5. Iman Sugema
                                Certification and Individual           6. Septian Hario Seto
                                Development Program for the            7. Erwin Rijanto Slamet
                                Board of Commissioners)                8. Askolani
                            •   Policy & Procedure for                 9. Susyanto
                                Managing Outsourced                    10.Fadlansyah Lubis
                                Workforce                              11.Robertus Billitea
                                                                       12.Danni Tri Suryani
                                                                       13.Yenni Sari Dewi
     2    February 20,      •   Report on the Study by                 1. Pradjoto                         1. President Director
          2024                  Independent Remuneration               2. Pahala Nugraha Mansury           2. Finance Director
                                Consultant and Discussion on           3. Asmawi Syam                      3. Human Capital &
                                the Proposed Remuneration              4. Sigit Widyawan                      Compliance Director
                                for the Board of Directors and         5. Iman Sugema
                                Board of Commissioners for             6. Septian Hario Seto
                                2024                                   7. Erwin Rijanto Slamet
                            •   Achievement of the Board of            8. Askolani
                                Directors' KPIs for 2023               9. Susyanto
                            •   Target KPIs for the Board of           10.Fadlansyah Lubis
                                Directors for 2024 (including          11.Robertus Billitea
                                the Collegial Board of Directors'      12.Danni Tri Suryani
                                KPIs for 2024)                         13.Yenni Sari Dewi
     3    February 21,      Performance and Capacity                   1. Pradjoto                         All directors
          2024              Evaluation Interviews for the Board        2. Pahala Nugraha Mansury
                            of Directors for 2023                      3. Asmawi Syam
                                                                       4. Sigit Widyawan
                                                                       5. Iman Sugema
                                                                       6. Septian Hario Seto
                                                                       7. Erwin Rijanto Slamet
                                                                       8. Askolani
                                                                       9. Susyanto
                                                                       10.Fadlansyah Lubis
                                                                       11.Robertus Billitea
                                                                       12.Danni Tri Suryani
     4    February 22,      •   Performance and Capacity               1. Pradjoto                         All directors
          2024                  Evaluation Interviews for the          2. Pahala Nugraha Mansury
                                Board of Directors for 2023            3. Asmawi Syam
                                (Continuation)                         4. Sigit Widyawan
                            •   Discussion on the achievement          5. Iman Sugema
                                of Long Term Incentives (LTI)          6. Septian Hario Seto
                                performance targets and the            7. Erwin Rijanto Slamet
                                implementation of long-term            8. Askolani
                                incentive allocations                  9. Susyanto
                                                                       10.Fadlansyah Lubis
                                                                       11.Robertus Billitea
                                                                       12.Danni Tri Suryani
     5    February 27,      Validation Interviews for New              1. Pradjoto                         All Nominated Talents 2024
          2024              Nominated Talents 2024                     2. Pahala Nugraha Mansury
                                                                       3. Asmawi Syam
                                                                       4. Sigit Widyawan
                                                                       5. Iman Sugema
                                                                       6. Septian Hario Seto
                                                                       7. Erwin Rijanto Slamet
                                                                       8. Askolani
                                                                       9. Susyanto
                                                                       10.Fadlansyah Lubis
                                                                       11.Robertus Billitea
                                                                       12.Danni Tri Suryani




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                                       2024          Report         Profile    Analysis on Company Performance          Functions



        Meeting
No.                              Meeting Agenda                  Audit Committee Member                          Invitee
         Dates
6     February 29,     Discussion on Changes in the          1. Pradjoto                          1. President Director
      2024             Management of Subsidiaries at         2. Pahala Nugraha Mansury            2. Finance Director
                       BNI Sekuritas                         3. Asmawi Syam                       3. Human Capital &
                                                             4. Sigit Widyawan                       Compliance Director
                                                             5. Iman Sugema                       4. Human Capital Business
                                                             6. Septian Hario Seto                   Partner
                                                             7. Erwin Rijanto Slamet
                                                             8. Askolani
                                                             9. Susyanto
                                                             10.Fadlansyah Lubis
                                                             11.Robertus Billitea
                                                             12.Danni Tri Suryani
                                                             13.Yenni Sari Dewi
7     March 4,         Discussion on the Proposal from       1. Pradjoto                          Ministry of SOEs as Series
      2024             Series A Dwiwarna Shareholders        2. Pahala Nugraha Mansury            A Dwiwarna Shareholder
                       regarding Changes in the              3. Asmawi Syam
                       Company's Management for              4. Sigit Widyawan
                       the Annual General Meeting of         5. Iman Sugema
                       Shareholders for the 2023 Financial   6. Septian Hario Seto
                       Year of PT Bank Negara Indonesia      7. Erwin Rijanto Slamet
                       (Persero) Tbk                         8. Askolani
                                                             9. Susyanto
                                                             10.Fadlansyah Lubis
                                                             11.Robertus Billitea
                                                             12.Danni Tri Suryani
8     March 14,        Discussion on Changes in the          1. Pradjoto                          1. Human Capital &
      2024             Management of Subsidiaries at         2. Pahala Nugraha Mansury               Compliance Director
                       BNI Sekuritas                         3. Asmawi Syam                       2. Finance Director
                                                             4. Sigit Widyawan                    3. Human Capital Business
                                                             5. Iman Sugema                          Partner
                                                             6. Septian Hario Seto
                                                             7. Erwin Rijanto Slamet
                                                             8. Askolani
                                                             9. Fadlansyah Lubis
                                                             10.Robertus Billitea
                                                             11.Danni Tri Suryani
9     March 28,        •   Corporate Plan as a               1. Pradjoto                          1. Digital and Integrated
      2024                 continuation of Corporate         2. Asmawi Syam                          Banking Director
                           Transformation                    3. Sigit Widyawan                    2. Human Capital &
                       •   Policy and Report on the          4. Iman Sugema                          Compliance Director
                           Implementation of Sanctions       5. Septian Hario Seto                3. Corporate Development
                                                             6. Erwin Rijanto Slamet                 & Transformation
                                                             7. Askolani                             Division
                                                             8. Fadlansyah Lubis
                                                             9. Robertus Billitea
                                                             10.Danni Tri Suryani
                                                             11.Yenni Sari Dewi
10    April 4, 2024    Discussion on Changes to the          1. Pradjoto                          1. Finance Director
                       Proposed Remuneration for the         2. Pahala Nugraha Mansury            2. Direktur Human Capital
                       Board of Directors and Board of       3. Asmawi Syam                           & Compliance
                       Commissioners of PT Bank Negara       4. Sigit Widyawan                    3. Divisi Corporate
                       Indonesia (Persero) Tbk based         5. Iman Sugema                           Secretary
                       on the Study by Independent           6. Septian Hario Seto
                       Remuneration Consultant               7. Erwin Rijanto Slamet
                                                             8. Askolani
                                                             9. Fadlansyah Lubis
                                                             10.Robertus Billitea
                                                             11.Danni Tri Suryani
11    April 25, 2024   Discussion on the Appointment         1. Pradjoto                          1. Human Capital &
                       of Management for Subsidiaries        2. Pahala Nugraha Mansury               Compliance Director
                       at BNI Sekuritas, Hibank, and BNI     3. Asmawi Syam                       2. Finance Director
                       Venture Capital                       4. Sigit Widyawan                    3. Human Capital Business
                                                             5. Iman Sugema                          Partner
                                                             6. Septian Hario Seto
                                                             7. Erwin Rijanto Slamet
                                                             8. Fadlansyah Lubis
                                                             9. Robertus Billitea
                                                             10.Danni Tri Suryani




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         Practices           Governance          Responsibility          Commitment     Statements



             Meeting
    No.                               Meeting Agenda                      Audit Committee Member                       Invitee
              Dates
    12    May 3, 2024       •   Outsourcing Policy                    1. Pradjoto                          1. Human Capital &
                            •   Changes to Pension Fund               2. Pahala Nugraha Mansury               Compliance Director
                                Regulations                           3. Asmawi Syam                       2. Finance Director
                                                                      4. Sigit Widyawan
                                                                      5. Iman Sugema
                                                                      6. Septian Hario Seto
                                                                      7. Erwin Rijanto Slamet
                                                                      8. Askolani
                                                                      9. Fadlansyah Lubis
                                                                      10.Danni Tri Suryani
                                                                      11.Yenni Sari Dewi
    13    16 May 2024       •   Pembahasan Penataan                   1. Pradjoto                          1. President Director
          May 16, 2024          Organisasi Direksi                    2. Pahala Nugraha Mansury            2. Vice President Director
                                (Pembidangan Direksi) BNI             3. Asmawi Syam                       3. Human Capital &
                            •   Pembahasan Usulan Perubahan           4. Sigit Widyawan                       Compliance Director
                                Tunjangan dan Fasilitas anggota       5. Iman Sugema                       4. Digital and Integrated
                                Direksi dan Dewan Komisaris           6. Septian Hario Seto                   Banking Director
                            •   Discussion on the Organization        7. Erwin Rijanto Slamet              5. Corporate Secretary
                                Restructuring of the Board of         8. Askolani                             Division
                                Directors (Board Division) at         9. Fadlansyah Lubis                  6. Corporate Development
                                BNI                                   10.Robertus Billitea                    & Transformation
                            •   Discussion on Proposed                11.Danni Tri Suryani                    Division
                                Changes to Allowances and             12.Yenni Sari Dewi
                                Facilities for Members of the
                                Board of Directors and Board of
                                Commissioners
    14    May 30, 2024      Discussion on Employee                    1. Pradjoto                          1. Direktur Human Capital
                            Remuneration                              2. Pahala Nugraha Mansury               & Compliance
                                                                      3. Asmawi Syam                       2. Human Capital &
                                                                      4. Sigit Widyawan                       Compliance Director
                                                                      5. Iman Sugema
                                                                      6. Septian Hario Seto
                                                                      7. Erwin Rijanto Slamet
                                                                      8. Askolani
                                                                      9. Fadlansyah Lubis
                                                                      10.Robertus Billitea
                                                                      11.Danni Tri Suryani
                                                                      12.Yenni Sari Dewi
    15    June 13,          Discussion on Changes in the              1. Pradjoto                          1. Human Capital &
          2024              Management of Subsidiaries at             2. Pahala Nugraha Mansury               Compliance Director
                            BNI Sekuritas, BNI Life, and BNI          3. Asmawi Syam                       2. Finance Director
                            Finance                                   4. Sigit Widyawan
                                                                      5. Iman Sugema
                                                                      6. Septian Hario Seto
                                                                      7. Erwin Rijanto Slamet
                                                                      8. Askolani
                                                                      9. Fadlansyah Lubis
                                                                      10.Robertus Billitea
                                                                      11.Danni Tri Suryani
    16    July 18, 2024     Discussion on the proposed                1. Pradjoto                          1. Finance Director
                            performance targets for the next          2. Pahala Nugraha Mansury            2. Human Capital &
                            3 years related to Long Term              3. Asmawi Syam                          Compliance Director
                            Incentives (LTI) and governance           4. Sigit Widyawan                    3. Corporate Secretary
                            of LTI                                    5. Iman Sugema                          Division
                                                                      6. Septian Hario Seto
                                                                      7. Erwin Rijanto Slamet
                                                                      8. Askolani
                                                                      9. Fadlansyah Lubis
                                                                      10.Robertus Billitea
                                                                      11.Danni Tri Suryani
    17    August 15,        Discussion on Changes to the              1. Pradjoto                          1. President Director
          2024              Proposed Collegial KPIs for the           2. Asmawi Syam                       2. Vice President Director
                            Board of Directors for 2024               3. Sigit Widyawan                    3. Finance Director
                                                                      4. Iman Sugema                       4. Human Capital &
                                                                      5. Septian Hario Seto                   Compliance Director
                                                                      6. Erwin Rijanto Slamet
                                                                      7. Askolani
                                                                      8. Fadlansyah Lubis
                                                                      9. Robertus Billitea
                                                                      10.Danni Tri Suryani

                                                                                                              2024 Annual Report
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                                       2024          Report        Profile    Analysis on Company Performance          Functions



        Meeting
No.                             Meeting Agenda                   Audit Committee Member                         Invitee
         Dates
18    September       Discussion on the Achievement of       1. Pradjoto                         1. President Director
      26, 2024        the Board of Directors' KPIs for the   2. Pahala Nugraha Mansury           2. Finance Director
                      First Semester of 2024                 3. Asmawi Syam                      3. Human Capital &
                                                             4. Sigit Widyawan                      Compliance Director
                                                             5. Iman Sugema                      4. Corporate Planning
                                                             6. Erwin Rijanto Slamet                & Performance
                                                             7. Askolani                            Management Division
                                                             8. Fadlansyah Lubis
                                                             9. Robertus Billitea
                                                             10.Danni Tri Suryani
19    October 24,     Performance and Capacity               1. Pradjoto                         All Directors
      2024            Evaluation Interviews for the Board    2. Pahala Nugraha Mansury
                      of Directors for the First Semester    3. Asmawi Syam
                      of 2024                                4. Sigit Widyawan
                                                             5. Iman Sugema
                                                             6. Septian Hario Seto
                                                             7. Erwin Rijanto Slamet
                                                             8. Askolani
                                                             9. Fadlansyah Lubis
                                                             10.Robertus Billitea
                                                             11.Mohamad Yusuf Permana
                                                             12.Danni Tri Suryani
20    October 25,     Performance and Capacity               1. Pradjoto                         All Directors
      2024            Evaluation Interviews for the Board    2. Pahala Nugraha Mansury
                      of Directors for the First Semester    3. Asmawi Syam
                      of 2024 (Continuation)                 4. Sigit Widyawan
                                                             5. Iman Sugema
                                                             6. Septian Hario Seto
                                                             7. Erwin Rijanto Slamet
                                                             8. Askolani
                                                             9. Fadlansyah Lubis
                                                             10.Robertus Billitea
                                                             11.Mohamad Yusuf Permana
                                                             12.Danni Tri Suryani
21    November 7,     Discussion on the evaluation of the    1. Pradjoto                         1. Human Capital &
      2024            implementation of internal talent      2. Pahala Nugraha Mansury              Compliance Director
                      development, employees, and            3. Asmawi Syam                      2. SEVP of Human Capital
                      the development program for the        4. Sigit Widyawan
                      Board of Commissioners                 5. Iman Sugema
                                                             6. Erwin Rijanto Slamet
                                                             7. Fadlansyah Lubis
                                                             8. Robertus Billitea
                                                             9. Mohamad Yusuf Permana
                                                             10.Danni Tri Suryani
                                                             11.Yenni Sari Dewi
22    November        Discussion on Proposed Collegial       1. Pradjoto                         All Directors
      14, 2024        KPIs for the Board of Directors for    2. Pahala Nugraha Mansury
                      2025                                   3. Asmawi Syam
                                                             4. Sigit Widyawan
                                                             5. Iman Sugema
                                                             6. Septian Hario Seto
                                                             7. Erwin Rijanto Slamet
                                                             8. Askolani
                                                             9. Fadlansyah Lubis
                                                             10.Robertus Billitea
                                                             11.Mohamad Yusuf Permana
                                                             12.Danni Tri Suryani
                                                             13.Yenni Sari Dewi
23    December        Discussion on the Establishment of     1. Pradjoto                         1. Human Capital &
      19, 2024        the Bonus Budget                       2. Asmawi Syam                         Compliance Director
                                                             3. Sigit Widyawan                   2. Finance Director
                                                             4. Iman Sugema
                                                             5. Septian Hario Seto
                                                             6. Erwin Rijanto Slamet
                                                             7. Askolani
                                                             8. Fadlansyah Lubis
                                                             9. Robertus Billitea
                                                             10.Mohamad Yusuf Permana
                                                             11.Danni Tri Suryani



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         Practices           Governance          Responsibility           Commitment        Statements



  Competency Improvement Program for Nomination and Remuneration Committee Members
  in 2024
  In 2024, members of the Nomination and Remuneration Committee participated in the following education
  or training:
              Name of Training/Workshop/
                                                                  Implementation Time                                 Organizer
                 Conference/seminar
   Pradjoto - Chairman of the Audit Committee/Independent Commissioner
   Competency development/training can be found in Section of the Training and/or Competency Improvement of Board of
   Commissioners Members in 2024.
   Pahala Nugraha Mansury – KNR Member/Vice President Commissioner
   Competency development/training can be found in Section of the Training and/or Competency Improvement of Board of
   Commissioners Members in 2024.
   Sigit Widyawan – KNR Member/Independent Commissioner
   Competency development/training can be found in Section of the Training and/or Competency Improvement of Board of
   Commissioners Members in 2024.
   Askolani - KNR Member/Commissioner
   Competency development/training can be found in Section of the Training and/or Competency Improvement of Board of
   Commissioners Members in 2024.
   Asmawi Syam - KNR Member/Independent Commissioner
   Competency development/training can be found in Section of the Training and/or Competency Improvement of Board of
   Commissioners Members in 2024.
   Iman Sugema - KNR Member/Independent Commissioner
   Competency development/training can be found in Section of the Training and/or Competency Improvement of Board of
   Commissioners Members in 2024.
   Septian Hario Seto - KNR Member/Independent Commissioner
   Competency development/training can be found in Section of the Training and/or Competency Improvement of Board of
   Commissioners Members in 2024.
   Erwin Rijanto Slamet - KNR Member/Independent Commissioner
   Competency development/training can be found in Section of the Training and/or Competency Improvement of Board of
   Commissioners Members in 2024.
   Fadlansyah Lubis - KNR Member/Commissioner
   Competency development/training can be found in Section of the Training and/or Competency Improvement of Board of
   Commissioners Members in 2024.
   Robertus Billitea - KNR Member/Commissioner
   Competency development/training can be found in Section of the Training and/or Competency Improvement of Board of
   Commissioners Members in 2024.
   Mohamad Yusuf Permana - KNR Member/Commissioner
   Competency development/training can be found in Section of the Training and/or Competency Improvement of Board of
   Commissioners Members in 2024.
   Danni Tri Suryani - KNR Member (Independent Party)
   Key Performance Indicators (KPI) for Collegial                     March 27 - 28, 2024                Ministry of SOE
   SOE Banking in 2024
   Yenni Sari Dewi - KNR Member/Head of Human Capital Strategy Division
   Sharing Sessions: Talent Management &                               May 8 - 10, 2024                  PT Bank Negara Indonesia (Persero)
   Productivity, William Wolf & McKinsey at the                                                          Tbk.
   BoD Retreat
   CHRO Masterclass Vol 3, Women Leadership                              May 22, 2024                    BUMN School of Excellence
   SOE Srikandi Leadership Program (SSLP)                              May - June 2024                   BUMN School of Excellence dan
   Batch-1                                                                                               Srikandi BUMN
   CHRO Masterclass Vol 4, Future Capabilities in                       August 5, 2024                   BUMN School of Excellence
   the Sustainability Era
   Risk Management Certification JK-6                                   August 9, 2024                   Banking Professional Certification
                                                                                                         Institute (LSPP)
   Srikandi Leadership Series 1: Implementation                        October 4, 2024                   Srikandi BUMN
   of RWP and EWP in Efforts to Enhance Women's
   Leadership Engagement and Productivity in
   SOEs




                                                                                                                  2024 Annual Report
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         Name of Training/Workshop/
                                                           Implementation Time                              Organizer
            Conference/seminar
Onboarding HC Talent Sessions 1 & 2 (for                   October 17 & 22, 2024              Forum Human Capital Indonesia
Project Manager)                                                                              (FHCI)
Workshop Redefining Project Charter                         November 28, 2024                 Forum Human Capital Indonesia
                                                                                              (FHCI) and Corporate Innovation
                                                                                              Asia (CIAS)
Business Essential 3: Finance for Executives           October 3 – November 29, 2024          BUMN School of Excellence,
                                                                                              Emeritus, & Columbia University
                                                                                              Business School

Work Program and Implementation of                               Nomination and Remuneration Committee
Duties of the Nomination and Remuneration                        Work Plan for 2025
Committee in 2024                                                The Nomination and Remuneration Committee has
In 2024, the Nomination and Remuneration Committee               set a work plan for 2025 with the following strategic
submitted a report on the implementation of its duties           priorities:
and responsibilities to the Board of Commissioners               1) Internalization of Performance Culture and
and provided several recommendations, including                     Branch Productivity as an impact of Human
the following:                                                      Capital and Branch Transformation
1. Talent Development Policy related to the BUMN                 2) Talent Development Plan
    Talent Pool                                                  3) Remuneration of the Board of Directors, Board of
2. Outsourcing Workforce Management Policy &                        Commissioners, and Employees
    Procedures                                                   4) IT Human Capital Policy
3. Remuneration of the Board of Directors and                    5) People Analytics
    Board of Commissioners in 2024                               6) Evaluation of Collegial and Individual KPI
4. Target KPI of the Board of Directors in 2024                     Achievement of the Board of Directors
    (including the KPI of the Collegial Board of                 7) Evaluation of Prospective Directors and
    Directors in 2024)                                              Prospective Board of Commissioners of SOEs
5. Proposal for Nominated Talent in 2024                         8) Evaluation of Prospective Directors and
6. Proposal for Subsidiary Management                               Prospective Board of Commissioners of
7. Sanctions Policy                                                 Subsidiaries
8. Changes to Pension Fund Regulations
9. Restructuring of the Board of Directors                       Remuneration of Members of the
    Organization (Directorate Division) of BNI                   Nomination and Remuneration Committee
10. Changes to Allowances and Facilities for                     [ACGS C.3.4]
    members of the Board of Directors and Board of               The remuneration policy for members of the
    Commissioners                                                Nomination and Remuneration Committee who come
11. Employee Remuneration                                        from members of the Board of Commissioners is an
12. Proposed performance targets promised for the                integral part of the honorarium given to the Board of
    next 3 years related to Long Term Incentives (LTI)           Commissioners, and there is no special honorarium
    and discussion of governance LTI                             for each member of the Committee. Meanwhile, the
13. Internal talent and employee development                     amount of honorarium for Committee members
14. Proposed KPI of the Board of Directors Collegiate            from independent parties (Non-Commissioners)
    in 2025                                                      is determined by the Board of Commissioners
                                                                 with a maximum amount of 20% of the President
Evaluation of the Nomination and                                 Director’s Salary, and no other income is given other
Remuneration Committee on the                                    than the honorarium. This is in accordance with the
Implementation of the Nomination and                             provisions of the Regulation of the Minister of SOEs
Remuneration Policy at the Bank                                  Number PER-3/MBU/03/2023 dated March 20, 2023,
In 2024, the Nomination and Remuneration Committee               concerning Organs and Human Resources of State-
has conducted an evaluation and assessment that                  Owned Enterprises of State-Owned Enterprises.
the nomination process implemented by the Bank
has complied with applicable regulatory provisions
and considered the principles of GCG. In terms of
remuneration, the Nomination and Remuneration
                                                                 Risk Monitoring Committee
                                                                 [ACGS (B).D.6.1]
Committee is of the view that the Bank’s remuneration
policy is also in accordance with the remuneration
policy applicable in the banking industry and is                 The Risk Monitoring Committee is established and
always implemented by considering the principles of              reports directly to the Board of Commissioners
GCG and prioritizing a remuneration system-based                 to assist in overseeing risk management
on performance and risk.                                         implementation and to ensure that the Bank’s risk

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         Practices           Governance          Responsibility       Commitment   Statements



  management adheres to adequate procedures                           revision updated through Board of Commissioners
  and methodologies in compliance with applicable                     Decree No. KEP/017/DK/2024, dated June 6, 2024,
  regulations and Good Corporate Governance                           concerning the Risk Monitoring Committee Charter
  (GCG) principles. Through this committee, BNI can                   of PT Bank Negara Indonesia (Persero) Tbk.
  maintain its business activities within acceptable
  and profitable limits.                                              The Risk Monitoring Committee Charter contains:
                                                                      1. The foundation for the establishment and duties
  Legal Basis for the Establishment of the                               of the Risk Monitoring Committee.
  Risk Monitoring Committee                                           2. The objectives of the Risk Monitoring Committee.
  The legal foundation for the establishment of BNI’s                 3. The structure and membership of the Risk
  Risk Monitoring Committee refers to several laws                       Monitoring Committee.
  and regulations, including:                                         4. Membership requirements for the Risk
  1) Financial Services Authority Regulation No. 17 of                   Monitoring Committee.
     2023, dated September 14, 2023, on Governance                    5. Duties of the Risk Monitoring Committee.
     Implementation for Commercial Banks.                             6. Authorities of the Risk Monitoring Committee.
  2) Financial Services Authority Circular Letter No.                 7. Rights and obligations of the Risk Monitoring
     13/SEOJK.03/2017, dated March 17, 2017, on                          Committee.
     Governance Implementation for Commercial                         8. Meetings of the Risk Monitoring Committee, and
     Banks.                                                           9. The tenure of Risk Monitoring Committee
  3) Regulation of the Minister of State-Owned                           members.
     Enterprises (SOEs) of the Republic of Indonesia
     No. PER-3/MBU/03/2023, dated March 20, 2023,                     The Risk Monitoring Committee Charter is
     on SOE Organizations and Human Resources.                        continuously refined and updated periodically by
  4) Regulation of the Minister of State-Owned                        taking into account developments or changes in
     Enterprises of the Republic of Indonesia No.                     applicable laws and regulations as well as current
     PER-2/MBU/03/2023, dated March 3, 2023, on                       conditions. The Risk Monitoring Committee Charter
     SOE Governance Guidelines and Significant                        has been uploaded to the BNI website, namely:
     Corporate Activities.                                            https://www.bni.co.id/Portals/1/BNI/Perusahaan/
  5) Decree of the Deputy for Finance and Risk                        Docs/Piagam-Komite-Pemantau-Risiko-2024.pdf.
     Management, Ministry of SOEs No. SK-3/DKU.
     MBU/05/2023, dated May 26, 2023, on Technical                    Duties and Responsibilities of the Risk
     Guidelines for the Composition and Qualifications                Monitoring Committee
     of Risk Management Bodies within SOEs.                           The duties and responsibilities of BNI’s Risk
  6) Bank Indonesia and Financial Services Authority                  Monitoring Committee, as stipulated in the Risk
     regulations on Risk Management Implementation                    Monitoring Committee Charter, include:
     for Commercial Banks and Integrated Risk                         1) Evaluating the alignment between risk
     Management for Financial Conglomerates.                             management policies and their implementation,
  7) Financial Services Authority regulations on                         specifically:
     Risk Management for Commercial Banks and                            a. Assessing the consistency between the
     Integrated Risk Management for Financial                               Bank’s risk management policies and their
     Conglomerates.                                                         execution, covering credit risk, market risk,
  8) Articles of Association of PT Bank BNI (Persero)                       liquidity risk, operational risk, strategic risk,
     Tbk and its amendments.                                                legal risk, compliance risk, and reputational
  9) Board of Commissioners Decree No. Kep/002/                             risk.
     DK/2004, dated March 1, 2004, on the                                b. Reviewing the alignment of integrated
     Establishment of the Risk and Compliance                               risk management policies with their
     Committee.                                                             implementation, encompassing the eight
                                                                            risks mentioned above, along with insurance
  Risk Monitoring Committee Charter                                         risk and intra-group transaction risk.
  In performing its supervisory duties over the                          c. Providing recommendations to the Board
  Bank’s risk management handled by the Board of                            of Commissioners on the adequacy
  Directors and its supporting units, all members                           of risk management policies and their
  of the Risk Monitoring Committee must adhere                              implementation to ensure effective risk
  to the Risk Monitoring Committee Charter. This                            control.
  charter is periodically reviewed, with the latest




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   d. Reviewing and providing opinions to the                   Rights and Obligations of the Risk Monitoring
       Board of Commissioners on the General                    Committee
       Credit Policy and other regulatory-required              The rights and obligations of the Risk Monitoring
       policies submitted by the Board of Directors             Committee include:
       for approval.                                            1) Performing duties in accordance with the Risk
2) Monitoring and evaluating the performance of                    Monitoring Committee Charter.
   the risk management committee and the risk                   2) Independent committee members are entitled
   management unit to provide recommendations                      to honorariums from BNI, the amount of which
   to the Board of Commissioners, including:                       determined by the Board of Commissioners in
   a. Monitoring the execution of the Risk                         compliance with applicable regulations.
       Management Unit’s work plan and the duties               3) Maintaining the confidentiality of all documents,
       of the Risk Management Committee.                           data, and information related to the Risk
   b. Monitoring the implementation of the                         Monitoring Committee activities.
       Integrated Risk Management Unit’s work                   4) Preparing and submitting the Annual Work Plan
       plan and the duties of the Integrated Risk                  and Budget to the Board of Commissioners before
       Management Committee.                                       the start of the financial year, a copy of which
   c. Recommending         improvements   to    the                is submitted by the Board of Commissioners
       effectiveness of risk management at BNI,                    to the Board of Directors for their information.
       including the integrated risk management                    The implementation of the Risk Monitoring
       with its subsidiaries.                                      Committee’s Annual Work Plan and Budget is
   d. Evaluating and reporting regulatory risk                     reported to the Board of Commissioners.
       assessments to the Board of Commissioners.               5) Prepare and submit a report to the Board of
3) Carrying out other specific duties related to                   Commissioners signed by the Committee
   the functions and scope of the Risk Monitoring                  Chairperson and Committee Members as follows:
   Committee as assigned by the Board of                           a. Reports on the execution of duties, with
   Commissioners.                                                      recommendations if necessary.
                                                                    b. Quarterly and annual reports.
Authorities of the Risk Monitoring                              6) Reporting to the General Meeting of Shareholders
Committee                                                          (GMS) through the Board of Commissioners
To support the implementation of supervisory                       regarding responsibilities, achievements, and
duties over the Bank’s risk management, the Risk                   other relevant matters.
Monitoring Committee is delegated a number of                   7) Prohibited from accepting gifts or benefits related
authorities in accordance with those regulated in                  to their position.
the Risk Monitoring Committee Charter, namely as                8) Allocating sufficient time to fulfill their duties
follows:                                                           effectively.
1) Accessing records or information related to                  9) Independent committee members must be
    employees, funds, assets, and other resources of               present at the company during working hours,
    BNI relevant to its duties, with a written report              with at least:
    submitted to the Board of Commissioners.                       a. At least 2 (two) days in one week according to
2) Conducting random tests and inspections of BNI                      the days and attendance schedule determined
    branches, representative offices, regional offices,                by the Board of Commissioners and/or the
    and business units as necessary.                                   Committee Chairperson, including to attend
3) Communicate directly with parties related to                        Committee Meetings and carry out other
    the duties of the Risk Monitoring Committee,                       duties according to the duties and obligations
    including communicating matters related to                         that have been determined. and
    financial and management information.                          b. If necessary, at the request of the Board of
4) Collaborating with the Risk Management                              Commissioners and/or the Chairman of the
    Committee, Integrated Risk Management                              Committee, Committee Members who come
    Committee, Risk Management Unit, and other                         from independent parties are required to
    relevant units.                                                    be present at the company or at the Board
                                                                       of Commissioners Meeting or Committee
                                                                       Meeting, or at activities that must be attended
                                                                       by the Board of Commissioners according to
                                                                       their needs outside of the days and routine
                                                                       attendance schedule.




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  10) In order to avoid overlapping implementation of                 Structure, Membership, and Expertise of the
      tasks among the committees under the Board of                   Risk Monitoring Committee
      Commissioners and cooperation in implementing                   The composition and membership of the Risk
      tasks, the Risk Monitoring Committee is required                Monitoring Committee are ensured to have met the
      to coordinate with other Committees under the                   provisions applicable in the scope of BNI, namely as
      Board of Commissioners.                                         follows:
                                                                      1) The Risk Monitoring Committee is formed based
  Appointment, Dismissal, and Term of Office                              on the decision of the Board of Commissioners
  of the Risk Monitoring Committee Members                                meeting and is placed in a Decree of the Board of
  Risk Monitoring Committee members from the                              Commissioners.
  Board of Commissioners serve the same term as                       2) The Risk Monitoring Committee is under the
  their tenure as commissioners, as determined by                         coordination of the Board of Commissioners
  the GMS. With these provisions, members of the                          and is directly responsible to the Board of
  Risk Monitoring Committee who are members of the                        Commissioners.
  Board of Commissioners will automatically cease as                  3) The appointment of Risk Monitoring Committee
  members of the committee if their term of office as                     Members is carried out by the Board of
  members of the Board of Commissioners ends. If                          Directors based on the Decision of the Board of
  a member of the Board of Commissioners who is                           Commissioners Meeting.
  the Chairperson of the Risk Monitoring Committee                    4) The membership of the Risk Monitoring
  resigns before their term of office as a member of                      Committee consists of at least:
  the Board of Commissioners ends, the position of                        a. 1 (one) Independent Commissioner who also
  Chairperson of the Risk Monitoring Committee will                          serves as chairman
  be replaced by another Independent Commissioner.                        b. 1 (one) person from an independent party who
                                                                             has expertise in the field of risk management
  In accordance with the provisions of the Risk                           c. 1 (one) person from an independent party
  Monitoring Committee Charter, the term of office                           who has expertise in the field of finance
  of members of the Risk Monitoring Committee who                         d. Committee members who are not members
  come from independent parties is a maximum of 3                            of the Board of Commissioners/Supervisory
  (three) years and can be extended once for a period                        Board of BUMN are a maximum of 2 (two)
  of 2 (two) years so that the total term of office of                       people, where one of the committee members
  members of the Risk Monitoring Committee at the                            has knowledge and/or expertise in the field of
  Bank is a maximum of only 5 (five) years without                           risk management
  reducing the right of the Board of Commissioners                        e. The expertise of the Independent Party as
  to dismiss the relevant Committee member at any                            referred to in points b) and c) above is proven
  time.                                                                      by having a risk management certificate
                                                                             as applicable to the Board of Directors and
  By considering the proposal from the Chairman                              having a competency certificate that supports
  of the Risk Monitoring Committee, the Board of                             the implementation of the functions and
  Commissioners also has the authority to dismiss                            responsibilities of the committee.
  at any time members of the Risk Monitoring                          5) Independent commissioners and independent
  Committee who are independent parties if they                           parties who are members of the Risk Monitoring
  are deemed incapable of carrying out their duties                       Committee must be at least 51% (fifty one per
  and obligations as members of the committee                             hundred) of the total number of members of the
  as stipulated in the Decree on the appointment/                         Risk Monitoring Committee.
  resignation of the relevant committee member                        6) The Chairperson of the Risk Monitoring
  and/or the Work Agreement between the relevant                          Committee is an Independent Commissioner
  committee member and BNI, and based on                                  who also serves as a member as determined
  applicable regulations. In the event that a member                      in a decision of the Board of Commissioners
  of the Board of Commissioners who serves as                             meeting, and is positioned in a Decree of the
  Chairman of the Risk Monitoring Committee resigns                       Board of Commissioners.
  as a member of the Board of Commissioners, the                      7) The Chairperson of the Risk Monitoring
  relevant Committee Chairman must be replaced by                         Committee may only serve as Chairperson of
  another member of the Board of Commissioners                            a Committee in a maximum of 1 (one) other
  within a maximum of 30 (thirty) days.                                   Committee at BNI.
                                                                      8) Former members of the Board of Directors and
                                                                          former executive officers of BNI or parties who
                                                                          have a relationship with BNI that can affect the
                                                                          ability to act independently who will become



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    independent members of the Risk Monitoring                    12) Members of the Risk Monitoring Committee are
    Committee are required to undergo a cooling off                   prohibited from coming from members of the
    period of at least 6 (six) months. The cooling off                Board of Directors of BNI or other banks. The
    period provisions do not apply to former members                  Risk Monitoring Committee works collectively
    of the Board of Directors and former executive                    to carry out its duties to assist the Board of
    officers of BNI whose duties are only to carry out                Commissioners.
    supervisory functions for at least 6 (six) months.            13) The Risk Monitoring Committee is independent
    What is meant by the cooling off period is the                    both in carrying out its duties and in reporting,
    cooling off period as regulated in the Regulations                and is directly responsible to the Board of
    and Circulars of the Financial Services Authority                 Commissioners.
    concerning the Implementation of Governance                   14) In carrying out its daily duties, the Committee
    for Commercial Banks in force.                                    may be assisted by staff from outside BNI or the
9) Members of the Risk Monitoring Committee who                       Committee’s secretary. The staff or Committee
    come from independent parties are not permitted                   Secretary are appointed based on the decision
    to hold concurrent positions as:                                  of the Board of Commissioners Meeting and are
    a. Members of the Board of Commissioners/                         listed in the Board of Commissioners’ Decree.
        Supervisory Board at State-Owned Enterprises
        (BUMN)/other companies;                                   Number, Composition, and Composition
    b. Secretary/staff of the Secretary of the Board of           of Membership of the Risk Monitoring
        Commissioners/Supervisory Board at BUMN/                  Committee
        other companies.                                          In 2024, the number of members of the BNI Risk
10) The Board of Directors carries out the                        Monitoring Committee will be 6 (six) people who
    appointment and dismissal of members of the                   are appointed based on the Decree of the Board
    Risk Monitoring Committee who come from                       of Commissioners listed in the Risk Monitoring
    independent parties based on the decision of the              Committee Profile section. Of this number, 2 (two)
    Board of Commissioners meeting and the Decree                 people are Independent Commissioners, 2 (two)
    of the Board of Commissioners.                                people are Non-Independent Commissioners, and 2
11) The Chairperson of the Risk Monitoring                        (two) other people are Independent Parties who have
    Committee has the right to propose the                        competence and qualifications in the fields of risk
    replacement of members of the Risk Monitoring                 management and finance. The number, composition
    Committee to the Board of Commissioners if                    and structure of the current BNI Risk Monitoring
    one of the members of the Risk Monitoring                     Committee membership are confirmed to have
    Committee ends his/her term of office, resigns or             met the provisions set out in the Risk Monitoring
    is dismissed.                                                 Committee Charter.

The composition of the BNI Risk Monitoring Committee members throughout 2024 is as follows:

January 1, 2024 – December 31, 2024 Period
           Name                       Position                  Term of Office             Period         Position in the Bank
Erwin Rijanto Slamet                 Chairman             October 30, 2023-present          First     Independent Commissioner
Pahala Nugraha Mansury                Member              February 19, 2024-present         First            Vice President
                                                                                                             Commissioner
Fadlansyah Lubis                      Member              December 29, 2022-current         First            Commissioner
Septian Hario Seto                    Member              September 8, 2020-present         First     Independent Commissioner
Dwita Suherlina                Independent Member         January 18, 2021-present        Second                     -
Bambang Setyogroho             Independent Member           June 1, 2022-present          Second                     -


Risk Monitoring Committee Profiles

Chair of the Risk Monitoring Committee
Erwin Rijanto Slamet
Legal Basis of Appointment Board of Commissioners Decree No. KEP/016/DK/2023 dated October 30, 2023
Term of Office               October 30, 2023 - Present
Professional Certication     - Banking Risk Management Competency Certification Qualification 6
                             - Certified Governance Oversight Professional (CGOP)
Complete Profile             Profile can be found in the Board of Commissioners’ profile section in the Company Profile
                             chapter.


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  Member of the Risk Monitoring Committee concurrently serving as a Commissioner
   Pahala Nugraha Mansury
   Legal Basis of Appointment Board of Commissioners Decree No. KEP/019/DK/2023 dated October 30, 2023
   Term of Office                  February 19, 2024 - Present
   Professional Certication        - Banking Risk Management Competency Certification Qualification 7
                                   - Certified Risk Governance Professional (CRGP)
   Complete Profile                Profile can be found in the Board of Commissioners’ profile section in the Company Profile
                                   chapter.


   Septian Hario Seto
   Legal Basis of Appointment Board of Commissioners Decree No. KEP/042/DK/2020 dated September 08, 2020
   Term of Office                  September 8, 2020 - Present
   Professional Certication        Banking Risk Management Competency Certification Qualification 6
   Complete Profile                Profile can be found in the Board of Commissioners’ profile section in the Company Profile
                                   chapter.


   Fadlansyah Lubis
   Legal Basis of Appointment Board of Commissioners Decree No. KEP/023/DK/2022 dated December 29, 2022
   Term of Office                  December 29, 2022 - Present
   Professional Certication        Banking Risk Management Competency Certification Qualification 6
   Complete Profile                Profile can be found in the Board of Commissioners’ profile section in the Company Profile
                                   chapter.



  Risk Monitoring Committee from Independent Member
    Dwita Suherlina
    Risk Monitoring Committee Independent Member


    Age                                                               Work Experience
    60 years old as of December 31, 2024                              • RM Corporate Affairs at PT Bank Bumi Daya (Persero)
                                                                        (19881996)
    Nationality                                                       • Senior RM at Bandung Asia Africa Branch of PT Bank Bumi
    Indonesian citizen                                                  Daya (Persero) (1996-1999)
                                                                      • Senior Manager Regional Risk Management Bandung at PT
    Domicile                                                            Bank Mandiri (Persero) Tbk (1999-2005)
    Jakarta, Indonesia                                                • Assistant Vice President Regional Risk Management Bandung
                                                                        PT Bank Mandiri (Persero) Tbk (2006-2012)
    Education                                                         • Vice President Regional Risk Management Bandung PT Bank
    • Bachelor’s Degree in Agriculture Agronomy from Institut           Mandiri (Persero) Tbk (2012)
      Pertanian Bogor (1986)                                          • Vice President Regional Risk Management Jakarta Kelapa
    • Master’s Degree in Financial Management from Universitas          Gading PT Bank Mandiri (Persero) Tbk (2012-2016)
      Padjadjaran (2003)                                              • Vice President Department IV Corporate Risk Group PT Bank
                                                                        Mandiri (Persero) Tbk (2016-2020)
    Legal Basis of Appointment                                        • Independent Member of the Risk Monitoring Committee at PT
    Appointed for the second time as a Member of the Risk               Bank Negara Indonesia (Persero) Tbk (2021-present)
    Monitoring Committee since January 18, 2024, based on the
    Board of Commissioners Decree No. KEP/002/DK/2024 dated           Concurrent Position
    January 18, 2024                                                  No concurrent positions either internally at BNI or externally

    Term of Office
    • January 18, 2021-January 17, 2024 (First Period)
    • January 18, 2024-present (Second Period)

    Professional Certification and/or Training
    • Risk Management Certification Level 3
    • Certified Governance Oversight Professional (CGOP)




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 Bambang Setyogroho
 Member of the Risk Monitoring Committee

 Age                                                              Professional Certification and/or Training
 66 years old as of December 31, 2024,                            • Risk Management Certification Level 4
                                                                  • Certified Governance Oversight Professional (CGOP)
 Nationality
 Indonesian citizen                                               Work Experience
                                                                  • ARM Commercial Credit Bank Dagang Negara (1989-1992)
 Domicile                                                         • RM Corporate Credit Bank Dagang Negara (1993-1998)
 Jakarta, Indonesia                                               • VP Corporate Credit Risk Management Group at Bank Mandiri
                                                                    (1999-2004)
 Education                                                        • SVP Central Operations Group at Bank Mandiri (2005-2007)
 • Bachelor’s degree in Geological Engineering, Universitas       • SVP Commercial Risk at Bank Mandiri (2007-2009)
   Padjadjaran (1985)                                             • EVP Corporate Banking at Bank Mandiri (2010-2014)
 • Master’s degree in Business Administration, Universitas        • Independent Commissioner and Chairman of the Audit
   Indonesia (2001)                                                 Committee at PT Sarana Multi Infrastructure (Persero)
 • Doctoral degree in Environmental Science, Universitas            (20142017)
   Padjajaran (2022)                                              • Independent Member of the Integrated Governance Committee
                                                                    at PT Bank Negara Indonesia (Persero) Tbk (2021-2022)
 Legal Basis of Appointment                                       • Independent Member of the Risk Monitoring Committee at PT
 Appointed for the second time as a Member of the Risk              Bank Negara Indonesia (Persero) Tbk (2022-present)
 Monitoring Committee since January 18, 2024, based on the
 Board of Commissioners Decree No. KEP/002/DK/2024 dated          Concurrent Position
 January 21, 2024                                                 No concurrent positions either internally at BNI or externally

 Term of Office
 • June 1, 2022-January 17, 2024 (First Period)
 • January 18, 2024-current (Second Period)



Qualifications, Education, and Work Experience of the Risk Monitoring Committee
All members of BNI’s Risk Monitoring Committee have individually fulfilled both the general and specific
eligibility criteria as outlined in the Risk Monitoring Committee Charter, as follows:
A. General Requirements
    1) Have integrity, good character and morals and sufficient work experience related to the duties of other
       committees.
    2) Have no personal interests/connections that can have a negative impact and conflict of interest on
       BNI.

B. Competency Requirements
   1) Have adequate expertise, ability, knowledge and experience in the fields of economics, finance and
      banking or risk management in accordance with the requirements stipulated in the Financial Services
      Authority Regulation governing the requirements for members of the Risk Monitoring Committee.
   2) Be able to work together and have the ability to communicate well and effectively and provide
      sufficient time to carry out their duties.
   3) Have sufficient knowledge and understanding of laws and regulations in the fields of banking, Capital
      Markets, BUMN and other laws and regulations, especially those related to BNI’s operational activities,
      implementation of GCG and risk management.

In accordance with the provisions above, the Bank ensures that the current Chairman and all members of
the Risk Monitoring Committee meet the required educational qualifications and work experience criteria,
as detailed in the table below:

Educational Qualifications and Work Experience, and Fields of Expertise of the Risk Monitoring
Committee
    Name              Position            Education                         Work Experience                     Areas of Expertise
Erwin Rijanto     Chairman        Educational background can     Work experience can be found in the Board of       Economy
Slamet                            be found in the Board of       Commissioners Composition Diversity Section
                                  Commissioners Composition
                                  Diversity Section
Pahala            Member          Educational background can     Work experience can be found in the Board of       • Accounting
Nugraha                           be found in the Board of       Commissioners Composition Diversity Section        • Finance
Mansury                           Commissioners Composition
                                  Diversity Section
Septian Hario     Member          Educational background can     Work experience can be found in the Board of       • Accounting
Seto                              be found in the Board of       Commissioners Composition Diversity Section        • Finance
                                  Commissioners Composition
                                  Diversity Section


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       Name             Position              Education                              Work Experience                        Areas of Expertise
   Fadlansyah          Member         Educational background can        Work experience can be found in the Board of           Law
   Lubis                              be found in the Board of          Commissioners Composition Diversity Section
                                      Commissioners Composition
                                      Diversity Section
   Dwita               Independent    • Bachelor’s Degree in        Relationship Manager for Corporate Credit at PT • Agriculture
   Suherlina           Member           Agriculture, majoring in    Bank Bumi Daya (Persero)                         • Finance
                                        Agronomy from Bogor         Senior Relationship Manager at Bandung Asia
                                        Agricultural University     Afrika Branch, PT Bank Bumi Daya (Persero)
                                        (1986)                      Senior Manager of Regional Risk Management at
                                      • Master of Management        PT Bank Bumi Daya (Persero)
                                        in Financial Management     AVP of Regional Risk Management at PT Bank
                                        from Padjadjaran University Mandiri (Persero) Tbk, Bandung
                                        (2003)                      Vice President of Regional Risk Management at
                                                                    PT Bank Mandiri (Persero) Tbk, Bandung
                                                                    Vice President of Regional Risk Management at
                                                                    PT Bank Mandiri (Persero) Tbk, Kelapa Gading,
                                                                    Jakarta
                                                                    Vice President of Department IV Corporate Risk
                                                                    Group at PT Bank Mandiri (Persero) Tbk
                                                                    Independent Member of the Risk Monitoring
                                                                    Committee at PT Bank Negara Indonesia
                                                                    (Persero) Tbk
   Bambang             Independent    • Bachelor’s Degree in        Relationship Manager for Commercial Credit at    Banking (Credit)
   Setyogroho          Member           Geological Engineering      Bank Dagang Negara
                                        from Padjadjaran University Relationship Manager for Corporate Credit at
                                        (1985)                      Bank Dagang Negara
                                      • Master’s Degree in Business Vice President of Corporate Credit Risk
                                        Administration from the     Management Group at Bank Mandiri
                                        University of Indonesia     Senior Vice President of Central Operations
                                        (2001)                      Group at Bank Mandiri
                                      • Doctorate in Environmental Senior Vice President of Commercial Risk at Bank
                                        Science from Padjadjaran    Mandiri
                                        University (2022)           Executive Vice President of Corporate Banking at
                                                                    Bank Mandiri
                                                                    Independent Commissioner and Chair of
                                                                    the Audit Committee at PT Sarana Multi
                                                                    Infrastructure (Persero)
                                                                    Independent Member of the Integrated
                                                                    Governance Committee at PT Bank Negara
                                                                    Indonesia (Persero) Tbk
                                                                    Independent Member of the Risk Monitoring
                                                                    Committee at PT Bank Negara Indonesia
                                                                    (Persero) Tbk


  Statement of Independence of the Risk Monitoring Committee
  All members of the Risk Monitoring Committee declare their ability to carry out their duties, responsibilities,
  and authorities professionally and independently, without interference from any party that is not in
  accordance with applicable laws and regulations. This independence is affirmed through the signing of
  an integrity pact by all committee members, committing to compliance with all legal provisions and Good
  Corporate Governance (GCG) principles.

  The aspects of independence of the Risk Monitoring Committee members are outlined in the following table:

  Risk Monitoring Committee Independence
                                                                               Independency Aspect
                                                                                                            No familial
                                                                                                          Relationship
                                       No financial
                                                          No Management                                With the Board of        Not serving
                                       Relationship
                Name                                       Relationship in                              Commissioners,         on Boards of
                                     With the Board of
                                                          BNi, Subsidiaries,     No shares in BNi         the Board of        Political Parties,
                                      Commissioners
                                                            or Affiliated                               Directors And/or       Government
                                     And the Board of
                                                            Companies                                   fellow Members            Officials
                                         Directors
                                                                                                       of Risk Monitoring
                                                                                                           Committee
   Erwin Rijanto Slamet
   Pahala Nugraha Mansury
   Septian Hario Seto
   Fadlansyah Lubis
   Dwita Suherlina
   Bambang Setyogroho



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Concurrent Position Information
As a form of transparency, information regarding the concurrent positions of the Risk Monitoring Committee
members is detailed in the following table:
                                                          Position in Other        Position in Other      Position in Other State-
       Name                 Position in the Bank
                                                                Banks              Public Companies         Owned Enterprises
Erwin Rijanto Slamet       Chairman of the Risk                   None                   None                         None
                          Monitoring Committee &
                        Independent Commissioner
Pahala Nugraha            Member & Deputy Main                    None                   None                         None
Mansury                      Commissioner
Fadlansyah Lubis        Member & Commissioners                    None                   None                         None
Septian Hario Seto        Member & Independent                    None                   None                         None
                             Commissioner
Dwita Suherlina            Independent Member                     None                   None                         None
Bambang Setyogroho         Independent Member                     None                   None                         None



Risk Monitoring Committee Meetings

Meeting Policy
As stipulated in the Risk Monitoring Committee Charter, the following are the policies and procedures for
conducting Risk Monitoring Committee meetings at BNI:
1) The Risk Monitoring Committee shall hold a meeting at least 1 (one) time in 1 (one) month.
2) The Risk Monitoring Committee meeting may only be held if attended by at least 51% (fifty one percent)
    of the total members including an Independent Commissioner and members from Independent Parties.
3) Meetings are chaired by the Chairman of the Risk Monitoring Committee or the most senior member if
    the Chairman is unavailable.
4) If necessary, the Risk Monitoring Committee may invite relevant parties to attend the meeting.
5) Decisions are made based on consensus.
6) In the event that no consensus is reached, decisions are made based on a majority vote with the principle
    of 1 (one) person, 1 (one) vote.
7) The decision of the Risk Monitoring Committee meeting is considered valid if approved by more than 1/2
    (one half) of the number of members of the Risk Monitoring Committee present. The regulation of the
    voting rights of Committee members adheres to the principle of 1 (one) person 1 (one) vote.
8) The results of the Committee meeting must be stated in the minutes of the meeting signed by all members
    of the Committee present and documented in accordance with laws and regulations.
9) Dissenting opinions that occur in the committee meeting must be clearly stated in the minutes of the
    meeting along with the reasons for the dissenting opinions.
10) Meeting minutes are prepared by the Committee Secretary.
11) The Risk Monitoring Committee submits meeting minutes in writing to the Board of Commissioners.
12) Attendance of committee members is reported in the committee’s quarterly and annual reports.

Meeting Frequency and Attendance in 2024
Throughout 2024, the Risk Monitoring Committee has held 23 (twenty three) meetings. The frequency of the
meetings has met the provisions stipulated in the Risk Monitoring Committee Charter.

The following table provides details on committee members’ attendance in the 2024 meetings:
          Name                            Position                Number of Meetings         Attended                Percentage
Erwin Rijanto Slamet                     Chairman                             23                 23                     100%
Pahala Nugraha Mansury                    Member                              17                 12                      71%
Fadlansyah Lubis                          Member                              23                 22                      96%
Septian Hario Seto                        Member                              23                 18                      78%
Dwita Suherlina                    Independent Member                         23                 22                      96%
Bambang Setyogroho                 Independent Member                         23                 23                     100%




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  Meeting Agenda
  The agenda for the Risk Monitoring Committee meetings throughout 2024 is as follows:
    No.    Meeting Date               Meeting Agenda                   Audit Committee Member                        Invitee
     1    January 2, 2024     Internal KPR Meeting              •     Erwin Rijanto Slamet             Chair of the KPR and all KPR
                                                                •     Septian Hario Seto               Members
                                                                •     Fadlansyah Lubis
                                                                •     Dwita Suherlina
                                                                •     Bambang Setyogroho
     2    January 9, 2024     Discussion on Leading and         •     Erwin Rijanto Slamet             Audit Committee, Head of the
                              Lagging Indicators for 8 Key      •     Pahala Nugraha Mansury 1)        ERM Division, Head of the
                              Risks                             •     Septian Hario Seto               ORM Division, Head of IAD,
                                                                •     Fadlansyah Lubis                 and Senior Operational Risk
                                                                •     Dwita Suherlina                  Executive (SORX)
                                                                •     Bambang Setyogroho
     3    January 23,         Internal KPR Meeting              •     Erwin Rijanto Slamet             Chair of the KPR and all KPR
          2024                                                  •     Pahala Nugraha Mansury 1)        Members
                                                                •     Septian Hario Seto
                                                                •     Fadlansyah Lubis
                                                                •     Dwita Suherlina
                                                                •     Bambang Setyogroho
     4    January 30,         Evaluation of Credit in           •     Erwin Rijanto Slamet             Chair of the Audit Committee,
          2024                the Commercial Banking            •     Pahala Nugraha Mansury 1)        Director of Enterprise &
                              Segment                           •     Septian Hario Seto               Commercial Banking, Director
                                                                •     Fadlansyah Lubis                 of Risk Management, Director
                                                                •     Bambang Setyogroho               of Network & Services, and
                                                                                                       Heads of Related Divisions
     5    February 6,         Evaluation of Compliance          •     Erwin Rijanto Slamet             Audit Committee, Director of
          2024                Function Implementation and       •     Pahala Nugraha Mansury 1)        Human Capital & Compliance,
                              Anti-Fraud Strategy for the       •     Septian Hario Seto               Director of Risk Management,
                              Fourth Quarter of 2023            •     Fadlansyah Lubis                 and Heads of Related Divisions
                                                                •     Dwita Suherlina
                                                                •     Bambang Setyogroho
     6    February 13,        Evaluation of Integrated Risk     •     Erwin Rijanto Slamet             Integrated Governance
          2024                Profile and Integrated KPMM       •     Pahala Nugraha Mansury 1)        Committee, Director of Risk
                              for the Second Semester of        •     Septian Hario Seto               Management, and Heads of
                              2023                              •     Fadlansyah Lubis                 Related Divisions
                                                                •     Dwita Suherlina
                                                                •     Bambang Setyogroho
     7    March 5, 2024       • Discussion on the Review        •     Erwin Rijanto Slamet             Risk Management Director,
                                of the Risk Appetite            •     Pahala Nugraha Mansury 1)        SEVP of Credit Risk, and Heads
                                Statement (RAS) for BNI         •     Septian Hario Seto               of Related Divisions
                                2024                            •     Fadlansyah Lubis
                              • Establishment of BNI's          •     Dwita Suherlina
                                Priority Sectors, Negative      •     Bambang Setyogroho
                                List, and Loan Exposure
                                Limit (LEL)
     8    March 19, 2024      Evaluation of the End-            •     Erwin Rijanto Slamet             Risk Management Director,
                              to-End Credit Process             •     Pahala Nugraha Mansury 1)        Enterprise & Commercial
                              implementation for the            •     Fadlansyah Lubis                 Banking Director, Retail
                              Commercial, Small, and            •     Dwita Suherlina                  Banking Director, SEVP of
                              Consumer segments                 •     Bambang Setyogroho               Credit Risk, and Heads of
                                                                                                       Related Divisions
     9    March 26, 2024      Evaluation of Policies            •     Erwin Rijanto Slamet             Risk Management Director and
                              and Development of                •     Septian Hario Seto               Heads of Related Divisions
                              the Operational Risk              •     Fadlansyah Lubis
                              Management                        •     Dwita Suherlina
                                                                •     Bambang Setyogroho
    10    April 30, 2024      Framework up to the               •     Erwin Rijanto Slamet             Audit Committee, Enterprise &
                              recognition of Operational        •     Pahala Nugraha Mansury 1)        Commercial Banking Director,
                              Risk losses                       •     Septian Hario Seto               SEVP of Corporate Banking,
                              Evaluation of Loan at Risk and    •     Fadlansyah Lubis                 SEVP of Credit Risk, and Heads
                              Write-offs in the Corporate       •     Dwita Suherlina                  of Related Divisions
                              Banking and Enterprise            •     Bambang Setyogroho
                              Banking segments for the
                              position as of March 2024




                                                                                                              2024 Annual Report
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No.    Meeting Date             Meeting Agenda                  Audit Committee Member                     Invitee
11    May 7, 2024       In-depth Evaluation of           •   Erwin Rijanto Slamet             Wholesale & International
                        BNI's Performance for the        •   Pahala Nugraha Mansury 1)        Banking Director, Enterprise
                        First Quarter of 2024 (Joint     •   Septian Hario Seto               & Commercial Banking
                        Meeting with the Audit           •   Fadlansyah Lubis                 Director, Director of Retail
                        Committee)                       •   Dwita Suherlina                  Banking, Digital & Integrated
                                                         •   Bambang Setyogroho               Transaction Banking Director,
                                                                                              Network & Services Director,
                                                                                              Risk Management Director,
                                                                                              Technology & Operations
                                                                                              Director, and Heads of Related
                                                                                              Divisions
12    June 7, 2024      • Evaluation and Strategy        •   Erwin Rijanto Slamet             Audit Committee, Retail
                          for Increasing BNI's Third     •   Pahala Nugraha Mansury 1)        Banking Director, Digital &
                          Party Funds (DPK)              •   Septian Hario Seto               Integrated Transaction Banking
                        • Progress on the                •   Fadlansyah Lubis                 Director, Technology &
                          development of New             •   Dwita Suherlina                  Operations Director, SEVP of
                          Mobile Banking and new         •   Bambang Setyogroho               Retail Digital Solutions, SEVP
                          capabilities for BNIdirect                                          of Wealth Management, and
                                                                                              Heads of Related Divisions
13    July 2, 2024      • Evaluation of risks related    •   Erwin Rijanto Slamet             Audit Committee, of Risk
                          to transactions in the         •   Pahala Nugraha Mansury 1)        Management, Director,
                          Treasury                       •   Septian Hario Seto               Institutional Banking Director,
                        • Plans and Strategies for       •   Fadlansyah Lubis                 SEVP of Treasury, SEVP of
                          Reducing Special Rate Third    •   Dwita Suherlina                  Corporate Banking, and Heads
                          Party Funds (DPK)              •   Bambang Setyogroho               of Related Divisions
14    July 16, 2024     Evaluation of Loan at Risk       •   Erwin Rijanto Slamet             Audit Committee, Risk
                        and Write-offs in the Region     •   Pahala Nugraha Mansury 1)        Management Director, Network
                        for the position as of June      •   Septian Hario Seto               & Services Director, and Heads
                        2024                             •   Fadlansyah Lubis                 of Related Divisions/Regions
                                                         •   Dwita Suherlina
                                                         •   Bambang Setyogroho
15    August 6, 2024    Evaluation of Integrated Risk    •   Erwin Rijanto Slamet             Integrated Governance
                        Profile and Integrated KPMM      •   Pahala Nugraha Mansury 1)        Committee, Risk Management
                        for the First Semester of 2024   •   Fadlansyah Lubis                 Director, and Heads of Related
                                                         •   Dwita Suherlina                  Divisions
                                                         •   Bambang Setyogroho
16    August 6, 2024    Update on the current            •   Erwin Rijanto Slamet             Wholesale & International
                        condition of BNI debtors         •   Pahala Nugraha Mansury 1)        Banking Director, Risk
                                                         •   Septian Hario Seto               Management Director, and
                                                         •   Fadlansyah Lubis                 Heads of Related Divisions
                                                         •   Dwita Suherlina
                                                         •   Bambang Setyogroho
17    August 27,        Internal KPR Meeting             •   Erwin Rijanto Slamet             Chair of the KPR and all KPR
      2024                                               •   Fadlansyah Lubis                 Members
                                                         •   Dwita Suherlina
                                                         •   Bambang Setyogroho
18    August 27, 2024   Discussion on the Proposal to    •   Erwin Rijanto Slamet             Head of the PGV Division
                        Review the Bank Credit Policy    •   Pahala Nugraha Mansury 1)
                        (KPB) for 2024                   •   Dwita Suherlina
                                                         •   Bambang Setyogroho
19    September 5,      Discussion on BNI's Top Risks    •   Erwin Rijanto Slamet             Head of the ERM Division and
      2024                                               •   Fadlansyah Lubis                 Head of the ORM Division
                                                         •   Dwita Suherlina
                                                         •   Bambang Setyogroho
20    September 10,     • Discussion on Individual       •   Erwin Rijanto Slamet             SEVP of Corporate Banking,
      2024                Customer Profitability in      •   Pahala Nugraha Mansury 1)        SEVP of Credit Risk, and Heads
                          the Corporate Banking          •   Septian Hario Seto               of Related Divisions
                          segment                        •   Fadlansyah Lubis
                        • Realization/Progress on the    •   Dwita Suherlina
                          development of the Value       •   Bambang Setyogroho
                          Chain in the Corporate
                          segment




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         Practices           Governance                Responsibility           Commitment    Statements



    No.    Meeting Date                Meeting Agenda                        Audit Committee Member                         Invitee
    21    October 15,          Evaluation of Loan at Risk and         •     Erwin Rijanto Slamet               Audit Committee, Risk
          2024                 Write-offs across all segments         •     Pahala Nugraha Mansury 1)          Management Director,
                               in BNI for the position as of          •     Septian Hario Seto                 Enterprise & Commercial
                               September 2024                         •     Fadlansyah Lubis                   Banking Director, Wholesale &
                                                                      •     Dwita Suherlina                    International Banking Director,
                                                                      •     Bambang Setyogroho                 Retail Banking Director, SEVP
                                                                                                               of Credit Risk, and Heads of
                                                                                                               Related Divisions
    22    November 19,         • Evaluation of the                    •     Erwin Rijanto Slamet               Risk Management Director and
          2024                   Implementation of BNI's              •     Septian Hario Seto                 Heads of Related Divisions
                                 Risk Management Function             •     Fadlansyah Lubis
                                 during 2024, as well as              •     Dwita Suherlina
                                 Discussion on the Work               •     Bambang Setyogroho
                                 Plan for the ERM Division
                                 and ORM Division for 2024
                               • Evaluation and
                                 Report to the Board of
                                 Commissioners on the
                                 Realization of the Tasks
                                 of the Risk Management
                                 Committee & Integrated
                                 Risk Management
                                 Committee
    23    December 24,         • Evaluation of risks related          •     Erwin Rijanto Slamet               Risk Management Director,
          2024                   to transactions in the               •     Septian Hario Seto                 SEVP of Treasury, and Heads of
                                 Treasury                             •     Fadlansyah Lubis                   Related Divisions
                               • Evaluation of the process/           •     Dwita Suherlina
                                 mechanism for establishing           •     Bambang Setyogroho
                                 Special Rates by the
                                 Treasury Division
  1) Effectively serving since February 19, 2024



  Risk Monitoring Committee Member Competency Improvement Program in 2024
  In 2024, members of the Risk Monitoring Committee have undertaken the following education or training:
              Name of Training/Workshop/
                                                                          Implementation Date                          Organizer
                 Conference/seminar
   Erwin Rijanto Slamet – Chairman of KPR/Independent Commissioner
   Competency development/training can be found in the Section of Training and/or Competency Improvement of Board of
   Commissioners Members in 2024.
   Pahala Nugraha Mansury – Member of KPR/Deputy President Commissioner
   Competency development/training can be found in the Section of Training and/or Competency Improvement of Board of
   Commissioners Members in 2024
   Septian Hario Seto – Member of KPR/Independent Commissioner
   Competency development/training can be found in the Section of Training and/or Competency Improvement of Board of
   Commissioners Members in 2024.
   Fadlansyah Lubis – Member of KPR/Independent Commissioner
   Competency development/training can be found in the Section of Training and/or Competency Improvement of Board of
   Commissioners Members in 2024
   Dwita Suherlina – KPR Member (Independent Party)
   Banking Risk Management Training Program                     June 25, 2024                              Lembaga Pengembangan
   Qualification 5                                                                                         Perbankan Indonesia (LPPI)
   Brain Cipher Ransomware Uncovered:                           July 09, 2024                              Proxsis
   Strategies for Mitigating Cyber Risk in the Most
   Effective Way
   CGOP Training: Masterclass in Corporate                      August 12-13, 2024                         Center for Risk Management &
   Governance                                                                                              Sustainability (CRMS)
   Bambang Setyogroho – KPR Member (Independent Party)
   Brain Cipher Ransomware Uncovered:                           July 09, 2024                              Proxsis
   Strategies for Mitigating Cyber Risk in the Most
   Effective Way
   CGOP Training: Masterclass in Corporate                      August 12-13, 2024                         Center for Risk Management &
   Governance                                                                                              Sustainability (CRMS)



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Work Program and Implementation of the                          9) Meetings and reviews on BNI’s 2024 Risk Appetite
Risk Monitoring Committee’s Duties in 2024                          Statement, proposed by the Board of Directors
In 2024, the Risk Monitoring Committee effectively                  for approval by the Board of Commissioners.
executed all planned agendas set at the beginning               10) Review of the Write-Off Policy for MSMEs.
of the year. The results of committee meetings,                 11) Review of BNI’s Good Corporate Governance
monitoring activities, and evaluations/reviews were                 (GCG) Policy.
submitted to the Board of Commissioners as reports              12) Review of the Risk Monitoring Committee
and recommendations, both in written form and                       Charter.
during Board meetings. In 2024, the Risk Monitoring
Committee held 23 (twenty three) meetings and                   Evaluation of the Risk Monitoring
made 79 (seventy nine) reviews/evaluations.                     Committee on the Implementation of Risk
                                                                Management at the Bank
The following is a report on the implementation of              The Risk Monitoring Committee continues to
the Risk Monitoring Committee’s duties, covering                support the duties and functions of the Board
activities and recommendations related to risk                  of Commissioners in actively supervising the
management at the Bank:                                         management of the Risk Profile, through supervision
1) Meetings and reviews concerning BNI’s Bank                   of inherent risks and strengthening the quality of
   Soundness Level, Risk Profile, Integrated Risk               risk management implementation, implementing
   Profile, and the execution of the Risk Management            good corporate governance with effective risk
   Committee and Integrated Risk Management                     management through the role and function of
   Committee’s duties.                                          the risk committee, maximizing added value for
2) Reviews related to the soundness level of BNI’s              shareholders, managing capital comprehensively,
   Pension Fund (DPLK), its risk management                     and ensuring profitability and sustainable business
   accountability, and the proposed Risk Appetite               growth, so that the bank’s health level based
   Statement for DPLK BNI.                                      on overall risk can be maintained in a Healthy
3) In-depth discussions on key issues related to                condition. In 2024, the Risk Monitoring Committee
   Operational Risk, Legal Risk, Compliance Risk,               has evaluated the implementation of the Bank’s
   Strategic Risk, Reputation Risk, Credit Risk,                risk management and assessed that the Bank’s risk
   Market Risk, Liquidity Risk, Insurance Risk, and             management has been carried out adequately.
   Intra-Group Risk.
4) Implementation of credit-related duties:                     Risk Monitoring Committee’s Work Plan for
   a. Meetings and reviews on the handling of                   2025
       Loan at Risk (LaR) and credit restructuring              To support the effectiveness of the Board of
       at the BNI-wide and regional levels across               Commissioners’ risk management oversight, the
       Corporate, Enterprise, Commercial, Small                 Risk Monitoring Committee has established its 2025
       (including KUR), and Consumer segments:                  work plan, including meetings, reviews, and reports
   b. Meetings and reviews of credit consultations              to the Board of Commissioners, with the following
       submitted by the Board of Directors to the               strategic priorities:
       Board of Commissioners.                                  1) Evaluation of the Bank’s Soundness Level every
   c. Meetings and reviews on Remedial &                            six months (semi-annually).
       Recovery discussions.                                    2) Evaluation of the Individual Risk Profile every
   d. Joint working visits with the Audit Committee                 three months (quarterly).
       to conduct an in-depth assessment of the                 3) In-depth evaluation of issues and reports to the
       Commercial Banking segment.                                  Board of Commissioners concerning Credit Risk,
5) Review of updates to the General Risk                            Market Risk, Liquidity Risk, Operational Risk,
   Management Policy and the General Integrated                     Legal Risk, Strategic Risk, Compliance Risk, and
   Risk & Capital Management Policy proposed                        Reputation Risk (individually), as well as Intra-
   by the Board of Directors to the Board of                        Group Transaction Risk and Insurance Risk (on an
   Commissioners.                                                   integrated basis).
6) Meetings and reviews of updates to the Bank’s                4) Monitoring and evaluation of the Risk
   Credit Policy (KPB) proposed by the Board of                     Management Unit (SKMR), Integrated Risk
   Directors to the Board of Commissioners.                         & Capital Management Unit (SKMRT), Risk
7) Review of updates to BNI’s 2024/2025 Recovery                    Management Committee (KMR), and Integrated
   Plan Document submitted by the Board of                          Risk Management Committee (KMRT).
   Directors for the Board of Commissioners’                    5) Periodic or annual review of General Policies and
   approval.                                                        Documents that require approval from the Board
8) Review of the 2025 Bank Business Plan (RBB) /                    of Commissioners, including: Bank Credit Policy
   Corporate Budget Work Plan (RKAP) and the 2024                   (KPB), General Risk Management Policy (KUMR),
   RBB/RKAP revisions.                                              General Integrated Risk Management Policy
                                                                    (KUMRT), Good Corporate Governance Policy,

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     Integrated Governance Policy, Updates to the                     3) Financial Services Authority Regulation Number
     Recovery Action Plan, and so on in accordance                       45/POJK.03/2020 dated October 16, 2020
     with the Board of Directors’ proposals to the                       concerning Financial Conglomerates.
     Board of Commissioners.                                          4) Regulation of the Financial Services Authority
  6) Review/discussion of proposals/requests from                        of the Republic of Indonesia Number 17 of
     the Board of Directors that require approval                        2023 dated September 14, 2023 concerning the
     from the Board of Commissioners and follow-                         Implementation of Governance for Commercial
     up of the Board of Commissioners’ dispositions                      Banks.
     regarding reports/letters submitted to the Board                 5) Regulation of the Minister of State-Owned
     of Commissioners and reports to the Board of                        Enterprises of the Republic of Indonesia
     Commissioners.                                                      Number PER 2/MBU/03/2023 dated March 3,
  7) Review and update of the Risk Monitoring                            2023 concerning Guidelines for Governance and
     Committee Charter as needed, in response                            Significant Corporate Activities of State-Owned
     to regulatory developments and changing                             Enterprises.
     conditions.                                                      6) Regulation of the Minister of State-Owned
                                                                         Enterprises of the Republic of Indonesia Number
  Remuneration of Risk Monitoring                                        PER 3/MBU/03/2023 dated March 20, 2023
  Committee Members [ACGS C.3.4]                                         concerning Organs and Human Resources of
  The remuneration policy for Risk Monitoring                            State-Owned Enterprises.
  Committee members who are also members                              7) Decree of the Board of Commissioners of
  of the Board of Commissioners is integrated                            PT Bank Negara Indonesia (Persero) Tbk No.
  into the honorarium provided to the Board of                           KEP/006/DK/2015 dated June 22, 2015 concerning
  Commissioners, with no additional remuneration                         the Establishment of the Integrated Governance
  for committee membership. Meanwhile, the                               Committee.
  honorarium for independent (non-Commissioner)
  committee members is determined by the Board                        Integrated Governance Committee Charter
  of Commissioners, with a maximum amount set at                      BNI’s Integrated Governance Committee has a
  20% of the President Director’s salary. No additional               Charter that regulates the membership, structure,
  income is provided beyond this honorarium. This                     authority, duties and responsibilities, meetings,
  policy aligns with the provisions of the Indonesian                 activities and work procedures of the Integrated
  Ministry of SOEs Regulation No. PER-3/MBU/03/2023,                  Governance Committee in carrying out its functions.
  dated March 20, 2023, regarding the Governance                      The Integrated Governance Committee Charter
  and Human Resources of State-Owned Enterprises.                     is reviewed periodically to remain in line with
                                                                      applicable provisions and the Bank’s needs. The
                                                                      latest amendment to the Integrated Governance
                                                                      Committee Charter was stipulated through the
  Integrated Governance                                               Decree of the Board of Commissioners No. KEP/016/
  Committee                                                           DK/2024 dated June 6, 2024 concerning the
                                                                      Integrated Governance Committee Charter of PT
                                                                      Bank Negara Indonesia (Persero) Tbk.
  The Integrated Governance Committee is formed
  by and is directly responsible to the BNI Board of                  The scope regulated in the Integrated Governance
  Commissioners as the Main Entity (EU), specifically                 Committee Charter includes:
  to help strengthen the supervisory function related                 1. Basis for the establishment and implementation
  to the implementation of Integrated Governance in                      of the duties of the Integrated Governance
  the BNI Financial Conglomerate, in accordance with                     Committee;
  applicable laws and regulations.                                    2. Purpose and objectives of the establishment of
                                                                         the Integrated Governance Committee;
  Legal Basis for the Establishment of the                            3. Structure and membership of the Integrated
  Integrated Governance Committee                                        Governance Committee;
  The establishment of the BNI Integrated Governance                  4. Membership requirements of the Integrated
  Committee is based on the following regulations:                       Governance Committee;
  1) Financial Services Authority Regulation Number                   5. Duties of the Integrated Governance Committee;
     18/POJK.03/2014 dated November 18, 2014                          6. Authority of the Integrated Governance
     concerning the Implementation of Integrated                         Committee;
     Governance for Financial Conglomerates.                          7. Rights and obligations of the Integrated
  2) Financial Services Authority Circular Letter No.                    Governance Committee;
     15/SEOJK.03/2015 dated May 25, 2015 concerning                   8. Meetings of the Integrated Governance
     the Implementation of Integrated Governance for                     Committee; and
     Financial Conglomerates.
                                                                                                         2024 Annual Report
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9. Term of office of members of the Integrated                  6) Members of the Integrated Governance
   Governance Committee.                                           Committee must carry out their duties properly
                                                                   and maintain the confidentiality of all documents,
The Bank’s Integrated Governance Committee                         data, information and everything related to the
Charter has been uploaded to the BNI website,                      implementation of the Integrated Governance
namely           https://www.bni.co.id/Portals/1/BNI/              Committee’s Duties and are only used for the
Perusahaan/Docs/Piagam-Komite-Tata-Kelola-                         purpose of carrying out their duties.
Terintegrasi-2024.pdf.
                                                                Authority of the Integrated Governance
Duties and Responsibilities of the Integrated                   Committee
Governance Committee                                            In carrying out its duties to assist the Board of
The Integrated Governance Committee has duties                  Commissioners of the Main Entity, the Integrated
and responsibilities that at least include:                     Governance Committee has the following
1) Evaluating the implementation of Integrated                  authorities:
   Governance at least through an assessment of the             1) The Integrated Governance Committee may
   adequacy of internal control, the implementation                request explanations or necessary information
   of integrated compliance functions and the                      regarding employees, funds, assets, and other
   implementation of Integrated Governance                         resources related to the implementation of
   Guidelines. In conducting the evaluation, the                   its duties to the Financial Services Institution
   Integrated Governance Committee obtains                         in the BNI financial conglomerate, while still
   information in the form of evaluation results                   observing applicable regulations. The Committee
   on the implementation of internal audits, the                   is required to report in writing the results of the
   implementation of risk management and the                       assignment to the Board of Commissioners of
   compliance function of each Financial Services                  the Main Entity.
   Institution from members of the Board of                     2) Members of the Integrated Governance Committee
   Commissioners of each Financial Services                        are authorized to communicate with work units in
   Institution who are members of the Integrated                   the Main Entity, for functions including Internal
   Governance Committee.                                           Audit, Legal and Compliance, Finance and Risk
2) Providing recommendations to the Board of                       Management, Human Resources and aspects
   Commissioners of the Main Entity regarding the                  of the Business Operations function as needed,
   results of the evaluation of the implementation                 to obtain information, clarification and request
   of Integrated Governance and the improvement                    reports needed in an integrated manner and/or
   of the Integrated Governance Guidelines.                        to fulfill the duties of the Integrated Governance
3) Carrying out the duties of the Board of                         Committee.
   Commissioners of the Main Entity to review                   3) To carry out its duties, the Integrated Governance
   and evaluate materials related to the duties                    Committee may cooperate or coordinate with
   of the Integrated Governance Committee and/                     Committees under the Board of Commissioners
   or other duties determined by the Board of                      of other Main Entities, as well as relevant
   Commissioners of the Main Entity.                               divisions/units/work units in the Main Entity or
4) Evaluating the suitability between the Integrated               in other Financial Services Institutions in the BNI
   Governance policy and the implementation of                     Financial Conglomerate.
   the policy and providing recommendations to
   the Board of Commissioners of the Main Entity                Policy on Appointment, Dismissal, and
   regarding the Integrated Governance policy and               Term of Office of the Integrated Governance
   its implementation to ensure that Integrated                 Committee Members
   Governance management has been carried out                   1) The Chairperson and members of the Integrated
   adequately.                                                     Governance Committee are appointed and
5) Before the current fiscal year, the Integrated                  dismissed by the Board of Commissioners of the
   Governance Committee must prepare and                           Main Entity.
   submit an Annual Work Plan and Budget to the                 2) Members of the Integrated Governance
   Board of Commissioners of the Main Entity for                   Committee who are members of the Board of
   determination, a copy of which is submitted                     Commissioners of the Main Entity or the Board
   by the Board of Commissioners of the Main                       of Commissioners and Supervisory Board of
   Entity to the Board of Directors of the Main                    Financial Services Institutions:
   Entity for information. The implementation of                   a. Serve a term that aligns with their appointment
   the Integrated Governance Committee’s Annual                       as members of the Board of Commissioners
   Work Plan and Budget is reported to the Board of                   or Supervisory Board, as determined by the
   Commissioners of the Main Entity.                                  General Meeting of Shareholders (GMS).



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     b. Automatically cease to hold office when                             4) The Board of Commissioners of the Main
         their term as a member of the Board of                                Entity may dismiss members of the Integrated
         Commissioners or Supervisory Board ends.                              Governance Committee at any time if they are
  3) The term of office of members of the Integrated                           deemed to have failed to perform their duties as
     Governance Committee who come from                                        stipulated in their appointment letter.
     independent parties is a maximum of 3 (three)                          5) If the Board of Commissioners member
     years and can be extended once for a period                               serving as Chairperson of the Integrated
     of 2 (two) years so that the total term of office                         Governance Committee resigns from the
     of members of the Integrated Governance                                   Board of Commissioners of the Main Entity,
     Committee who come from independent parties                               the Chairperson must be replaced by another
     in the company is a maximum of 5 (five) years                             Independent Commissioner of the Main Entity
     without reducing the rights of the Board of                               who also serves as Chairperson of one of the
     Commissioners of the Main Entity to dismiss the                           other committees within the Main Entity, within
     relevant committee members at any time.                                   a maximum of 30 (thirty) days.
                                                                            6) The dismissal and appointment of committee
                                                                               members must be reported to the General
                                                                               Meeting of Shareholders (GMS).

  Number, Structure, and Composition of the Integrated Governance Committee Members
  In 2024, the Integrated Governance Committee of BNI consisted of 10 members, appointed based on the
  Board of Commissioners’ Decree No. KEP/002/DK/2018 dated February 8, 2018, concerning the “General
  Provisions on Appointment, Dismissal, Assignment of Duties, and Honorarium of Committee Members
  under the Board of Commissioners.” The number, structure, and composition of the committee have met
  the requirements stipulated in the Integrated Governance Committee Charter.

  The composition of the BNI Integrated Governance Committee members throughout 2024 is as follows:

  January 1, 2024 – December 31, 2024 Period
                                                                                                  Position in Main Entity and
            Name            Position              Term of Office           Period
                                                                                                     Subsidiary Company
       Pradjoto            Chairman      October 30, 2023 - present         First                 President Commissioner/
                                                                                           Independent Commissioner of Main Entity
       Askolani             Member       March 10, 2020 - present          Second                Commissioner of Main Entity
       Robertus Billitea    Member     September 21, 2023 - present         First                Commissioner of Main Entity
       Mohamad Yusuf        Member      October 24, 2024 - present          First                Commissioner of Main Entity
       Permana 1)
       Siti                 Member       October 28, 2022 - present         First       PT BNI Life Insurance Sharia Supervisory Board
       Haniatunnisa
       Rudy Tandjung 2)     Member       October 17, 2024 - present         First     Commissioner/Independent Commissioner of PT
                                                                                                       BNI Sekuritas
       Eko Priyo            Member       October 28, 2022 - present         First                President Commissioner/
       Pratomo                                                                          Independent Commissioner of PT BNI Asset
                                                                                                       Management
       Rufina Tinawati      Member         July 22, 2022 - present          First             Independent Commissioner of
       Marianto                                                                                  PT Bank Hibank Indonesia
       Suhartono 3)         Member       January 19, 2024 - present         First          President Commissioner/Independent
                                                                                           Commissioner of PT BNI Multifinance
       Nurani               Member            June 1, 2022 - present       Second                    Independent Party
       Raswindriati
  1)
       Serving as a Member of the Integrated Governance Committee since October 22, 2024
  2)
       Serving as a Member of the Integrated Governance Committee since October 17, 2024
  3)
       Serving as a Member of the Integrated Governance Committee since January 19, 2024



  Integrated Governance Committee Profiles

  Chair of the Integrated Governance Committee
       Pradjoto
       Legal Basis of Appointment Board of Commissioners Decree No. KEP/014/DK/2023 dated October 30, 2023
       Term of Office             October 30, 2023 - Present
       Professional Certication   Certification of Competence in Banking Risk Management Qualification 6 by the Professional
                                  Certification Agency of the Banking Professional Certification Institute (LSP LSPP) (2024)
       Complete Profile           Profile can be found in the Board of Commissioners’ profile section in the Company Profile
                                  chapter.

                                                                                                                  2024 Annual Report
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Member of the Integrated Governance Committee Concurrently Serving as a Commissioner of the EU
Askolani
Legal Basis of Appointment Board of Commissioners Decree No. KEP/015/DK/2020 dated March 10, 2020
Term of Office                March 10, 2020 - Present
Professional Certication      • Certification of Competence in Banking Risk Management Qualification 6 by the Professional
                                Certification Agency of the Banking Professional Certification Institute (LSP LSPP) (2024)
                              • Certified Governance Oversight Professional (CGOP) Certification by the Professional
                                Certification Agency – Mitra Kalyana Sejahtera (LSP-MKS) (2024)
Complete Profile              Profile can be found in the Board of Commissioners’ profile section in the Company Profile
                              chapter.



Robertus Billitea
Legal Basis of Appointment Board of Commissioners Decree No. KEP/005/DK/2023 dated September 21, 2023
Term of Office                September21, 2023 - Present
Professional Certication      Certification of Competence in Banking Risk Management Qualification 6 by the Professional
                              Certification Agency of the Banking Professional Certification Institute (LSP LSPP) (2024)
Complete Profile              Profile can be found in the Board of Commissioners’ profile section in the Company Profile
                              chapter.



Mohamad Yusuf Permana 1)
Legal Basis of Appointment Board of Commissioners Decree No. KEP/027/DK/2024 dated October 22, 2024
Term of Office                October 22, 2024 - Present
Professional Certication      Certification of Competence in Banking Risk Management Qualification 6 by the Professional
                              Certification Agency of the Banking Professional Certification Institute (LSP LSPP) (2024)
Complete Profile              Profile can be found in the Board of Commissioners’ profile section in the Company Profile
                              chapter.


Member of the Integrated Governance Committee Concurrently Serving as a Commissioner of a Subsidiary
Company
 Siti Haniatunnisa
 Integrated Governance Committee Member


 Age                                                               Work Experience
 40 years old as of December 31, 2024                              • Chairman of Syeikh Nawawi Tanara Banten School of Fiqh
                                                                     (STIF SYENTRA) (2016-present)
 Nationality                                                       • Member of PT BRILife DPS (2016-present)
 Indonesian citizen                                                • Member of PT Asuransi Jasindo Syariah DPS (2017-present)
                                                                   • Member of PT DPLK Muamalat DPS (2018- present)
 Domicile                                                          • Member of PT Bank Muamalat Indonesia DPS (2019-present)
 Banten, Indonesia                                                 • Member of PT BNI Life Insurance DPS (2020-present)
                                                                   • DSN-MUI Plenary Member (2021-present)
 Education
 • Bachelor’s Degree in Law from the International Islamic         Concurrent Position
   University of Malaysia (IIUM) (2010)                            BNI
 • Master’s Degree in Law from Universitas Indonesia (2015)        Member of the Integrated Governance Committee – PT Bank
                                                                   Negara Indonesia (Persero) Tbk
 Legal Basis of Appointment
 Appointed for the first time as Member of the Integrated          Other Companies/Institutions
 Governance Committee since December 2022 based on BNI             • Chairman of the Syeikh Nawawi Tanara Banten School of Fiqh
 Board of Commissioners Decree No. KEP/021/DK/2022 dated             (STIF SYENTRA) (2016-present)
 October 28 2022                                                   • Member of PT BRILife DPS (2016-present)
                                                                   • Member of PT Asuransi Jasindo Syariah DPS (2017-present)
 Term of Office                                                    • Member of PT DPLK Muamalat DPS (2018- present)
 2023 - Present                                                    • Member of PT Bank Muamalat Indonesia DPS (2019-present)
                                                                   • Member of PT BNI Life Insurance DPS (2020-present)
 Professional Certification and/or Training                        • DSN-MUI Plenary Member (2021-present)
 • Certified in Risk Governance Professional (CRGP)
 • Sharia Supervisor Certification
 • LSP MUI Assessor Certification




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    Rudy Tandjung 2)
    Integrated Governance Committee Member


    Age                                                                Work Experience
    57 years old as of December 31, 2024                               • President Commissioner/Independent Commissioner of PT
                                                                         BNI Sekuritas (2024 – present)
    Nationality                                                        • Head of Consumer Banking, PT Bank DBS Indonesia (Nov
    Indonesian citizen                                                   2019 – Dec 2023)
                                                                       • Head of Commercial Banking, PT Bank DBS Indonesia (Sept
    Domicile                                                             2018 – Nov 2019)
    Jakarta, Indonesia                                                 • Chief Operating Officer, PT Bank DBS Indonesia (Mar 2015 –
                                                                         Sept 2018)
    Education                                                          • Commissioner, PT Kustodian Sentral Efek Indonesia (June
    • Bachelor’s Degree in Agricultural Social Economics from            2012 – June 2015)
       Bogor Agricultural University (1991)                            • Head of Transaction Banking, PT Bank Permata Tbk (Jan 2010
    • Master of Business and International Finance                       – Mar 2015)
      from Oklahoma City University (1995)                             • Treasury and Trade Solutions Sales Head, Citibank Indonesia
                                                                         (July 1996 – Dec 2009)
    Legal Basis of Appointment
    Appointed for the first time as a Member of the Integrated         Concurrent Position
    Governance Committee since October 2024 based on the               BNI
    Decree of the Board of Commissioners of PT Bank Negara             Member of the Integrated Governance Committee – PT Bank
    Indonesia Persero Tbk Number KEP/026/DK/2024                       Negara Indonesia (Persero) Tbk

    Term of Office                                                     Other Companies/Institutions
    2024 – Present (First Period)                                      • Chair of the Nomination and Remuneration Committee of PT
                                                                          BNI Sekuritas (2024 – present)
    Professional Certification and/or Training                         • Chair of the Audit Committee of PT BNI Sekuritas (2024 –
    • Level 4 Risk Management Certification, by the Risk                  present)
      Management Certification Body (BSMR)                             • Member of the Risk Monitoring Committee of PT BNI
    • Executive Education Programmes Certification, by The                Sekuritas (2024 – present)
      INSEAD Education Singapore                                       • Vice Chair of Sports, Indonesian Bankers Association (IBI)
                                                                          (2023 – present)
                                                                       • Member of Institutional Relations, National Bank Association
                                                                          (PERBANAS) (2020 – present)
                                                                       • Member of the Banking Committee, Indonesian Employers
                                                                          Association (APINDO) (2019 – present)



    Eko Priyo Pratomo
    Integrated Governance Committee Member


    Age                                                                Work Experience
    61 years old as of December 31, 2024                               • President Commissioner/Independent Commissioner of
                                                                         PT BNI Asset Management (April 2022 – present)
    Nationality                                                        • Senior Advisor from PT Mandiri Manajemen Investasi
    Indonesian citizen                                                   (2019 – 2020)
                                                                       • Director, CEO, Senior Advisor from PT BNP Paribas AM
    Domicile                                                             (1996 – 2018)
    Jakarta, Indonesia                                                 • Deputy GM, Marketing Director of PT Graha Buana Cikarang
                                                                         (1995 – 1996)
    Education                                                          • Deputy Marketing Manager from PT KSCI - Misui Group
    • Bachelor’s Degree in Mechanical/Aeronautical Engineering           (1992 – 1995)
      from Bandung Institute of Technology (1988)                      • Lead Engineer from PT IPTN (1988 – 1990)
    • Master of Management from IPMI International Business
      School (1991)                                                    Concurrent Position
                                                                       BNI
    Legal Basis of Appointment                                         Member of the Integrated Governance Committee of PT Bank
    Appointed for the first time as Member of the Integrated           Negara Indonesia (Persero) Tbk
    Governance Committee since October 2022 based on BNI Board
    of Commissioners Decree No. KEP/020/DK/2022 dated October          Other Companies/Institutions
    28, 2023                                                           • Chairman of the PT BNI Asset Management Audit Committee
                                                                       • Chairman of the PT BNI Asset Management Risk Monitoring
    Term of Office                                                       Committee
    2022 – Present (First Period)                                      • Founder/Guardian of the Syamsi Dhuha Foundation

    Professional Certification and/or Training
    • Deputy Investment Manager (Financial Services Authority)
    • Training Program for Investment Professionals (Institute for
      Financial Analysis Development)
    • Chartered Financial Consultant (Singapore College of
      Insurance)
    • Chartered Life Underwriter (Singapore College of Insurance)
    • Certified Governance Oversight Professional (CGOP)
      Certification by the Professional Certification Agency – Mitra
      Kalyana Sejahtera (LSP-MKS) (2024)


                                                                                                            2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                   843
Page 243
                                       Performa      Management       Company         Management Discussion and       Business Support
                                         2024          Report          Profile      Analysis on Company Performance      Functions



Rufina Tinawati Marianto
Integrated Governance Committee Member


Age                                                                 Work Experience
65 years old as of December 31, 2024                                • Commercial Sales & Marketing Support Head at PT Bank
                                                                      OCBC NISP Tbk (2013-2014)
Nationality                                                         • Executive VP Commercial Business Unit at PT Bank OCBC
Indonesian citizen                                                    NISP Tbk (2012-2013)
                                                                    • Commercial Business Division Head at PT Bank OCBC NISP
Domicile                                                              Tbk (2009-2011)
Jakarta, Indonesia                                                  • General Manager Commercial Jababeka at PT Bank Permata
                                                                      (2003-2006)
Education                                                           • Independent Commissioner at Bank Mayora (2016-present)
Bachelor’s Degree in Architectural Engineering and
Management Economics from UNIKA Parahyangan Bandung                 Concurrent Position
(1986)                                                              BNI
                                                                    Member of the Integrated Governance Committee of PT Bank
Legal Basis of Appointment                                          Negara Indonesia (Persero) Tbk
Appointed for the first time as Member of the Integrated
Governance Committee since July 2022 based on BNI Board             Other Companies/Institutions
of Commissioners Decree No. KEP/012/DK/2022 dated July 22,          Chairman of the Audit Committee of PT Bank Hibank Indonesia
2022

Term of Office
2022 – Present (First Period)

Professional Certification and/or Training
• Certified Governance Oversight Professional (CGOP)
  Certification by the Professional Certification Agency – Mitra
  Kalyana Sejahtera (LSP-MKS) (2024)
• Certification of Competence in Banking Risk Management
  Qualification 6 by the Professional Certification Agency of the
  Banking Professional Certification Institute (LSP LSPP) (2024)



Suhartono 3)
Integrated Governance Committee Member


Age                                                                 Work Experience
67 years old as of December 31, 2024                                • President Commissioner & Independent Commissioner of PT
                                                                      BNI Multifinance (2023 – present)
Nationality                                                         • Commissioner of PT Adiprana Sentosa Indovesco (2019)
Indonesian citizen                                                  • Advisor of PT Koperasi Nusa Raya Cipta (2018)
                                                                    • Commissioner of PT Wahana Inti Narendra (2018)
Domicile                                                            • President Commissioner of PT Mahesa Altra Sentosa (2018)
Jakarta, Indonesia                                                  • Commissioner of PT Asuransi Astra Buana (2017 – 2018)
                                                                    • President Director of PT Federal International Finance (2007 –
Education                                                             2017)
Bachelor of Law from Diponegoro University (1982)                   • Vice President Director of PT Federal International Finance
                                                                      (2001 – 2007)
Legal Basis of Appointment                                          • Marketing Director of PT Federal International Finance (1998 –
Appointed for the first time as a Member of the Integrated            2001)
Governance Committee since January 2024 based on the                • General Marketing Manager of PT Federal International
Decree of the Board of Commissioners of BNI No. KEP/001/              Finance (1997 – 1998)
DK/2024 dated January 19, 2024                                      • Regional Manager of PT Federal International Finance
                                                                      (Central Java, DIY, and East Java Region) (May 1, 1993 – 1997)
Term of Office                                                      • Branch Manager of PT Federal International Finance
2024 – Present (First Period)                                         (Semarang Branch) (1991 – 1993)
                                                                    • Branch Manager of PT Mitra Pinasthika Mustika/MPM
Professional Certification and/or Training                            (Malang Branch) (1989 – 1990)
• Certified Risk Governance Professional (CRGP) by the Risk         • Marketing Section Head of PT Astra International (Honda
  Management Professional Certification Institute (LSPMR)             Sales Operation Central Java Region) (1983 – 1989)
  (2024)
• Professional Certification for Financing Experts for Directors/   Concurrent Position
  Commissioners by the Indonesian Financing Professional            BNI
  Certification Agency (LSPPI) (2015 & 2023)                        Member of the Integrated Governance Committee – PT Bank
                                                                    Negara Indonesia (Persero) Tbk

                                                                    Other Companies/Institutions
                                                                    • Chair of the Audit Committee of BNI Finance
                                                                    • Chair of the Risk Monitoring Committee of BNI Finance
                                                                    • Member of the Nomination & Remuneration Committee of
                                                                      BNI Finance




844    Transforming the Future, Empowering Indonesia
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  Member of Integrated Governance Committee from Independent Party
       Nurani Raswindriati
       Integrated Governance Committee Member


       Age                                                                 Work Experience
       62 years old as of December 31, 2024                                • Director of Finance and Operations at PT Niaga International
                                                                             Factors (2002-2005)
       Nationality                                                         • Credit Risk Control Leader, Risk Management Group at PT
       Indonesian citizen                                                    Bank Permata Tbk (2007-2012)
                                                                           • Senior Vice President at the Deposit Insurance Corporation/
       Domicile                                                              LPS (2012-2015)
       Jakarta, Indonesia                                                  • Member of the Risk Monitoring Committee at Bank Resonia
                                                                             Perdania
       Education                                                           • Member of the Risk Monitoring Committee at PT Bank
       • Bachelor’s Degree in Accounting from Universitas                    Tabungan Negara (2015-2016)
         Padjadjaran (1986)                                                • Director of Compliance and Risk Management at PT Bank
       • Masters in Management, Department of Finance from                   Victoria Syariah (2016 –2021)
         Universitas Gadjah Mada (2005)                                    • Senior Vice President Indonesia at Eximbank (2021)
                                                                           • Independent Member of the Risk Monitoring Committee at PT
       Legal Basis of Appointment                                            Bank Negara Indonesia (Persero) Tbk (2021-2022)
       Appointed for the first time as Member of the Integrated            • Independent Member of the Integrated Governance
       Governance Committee on June 1, 2022 based on Board of                Committee at PT Bank Negara Indonesia (Persero) Tbk
       Commissioners Decree No. KEP/010/DK/2022 dated 1 June 2022            (2022-present)

       Term of Office                                                      Concurrent Position
       • 2022 – 2024 (First Period)                                        No concurrent positions internally or externally
       • 2024 – Present (Second Period)

       Professional Certification and/or Training
       • Level 4 Risk Management Certification
       • Sharia Banking Basics Certification
       • Certified Governance Oversight Professional (CGOP)
         Professional Competency Certification by the Professional
         Certification Institute – Mitra Kalyana Sejahtera (LSP-MKS)
         (2024)
  1)
       Serving as a Member of the Integrated Governance Committee since October 22, 2024
  2)
       Serving as a Member of the Integrated Governance Committee since October 17, 2024
  3)
       Serving as a Member of the Integrated Governance Committee since January 19, 2024



  Qualifications, Education, and Work Experience of the Integrated Governance Committee
  All members of the BNI Integrated Governance Committee have met the individual requirements criteria
  both in general and specifically as stipulated in the Integrated Governance Committee Charter, namely as
  follows:
  A. General Requirements
      1) Have integrity, good character and morals and sufficient work experience related to the committee’s
         duties;
      2) Have no personal interests/connections that can have a negative impact and conflict of interest on
         Financial Services Institutions in the BNI Financial Conglomerate.

  B. Competency Requirements
     1) Have adequate educational background, skills, knowledge and experience in banking or other financial
        services institutions;
     2) Be able to work together, have good and effective communication skills, and provide sufficient time
        to carry out their duties;
     3) Have sufficient knowledge and understanding of the principles and processes of implementing GCG in
        general, as well as laws and regulations in the banking sector and other financial services institutions,
        especially those related to the operational activities of banking and other financial services institutions.

  With reference to the provisions above, the Bank ensures that the current chairman and all members of the
  Integrated Governance Committee have met the educational qualification and work experience criteria as
  explained in the table below:




                                                                                                                 2024 Annual Report
                                                                                               PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                        845
Page 245
                                     Performa      Management      Company       Management Discussion and         Business Support
                                       2024          Report         Profile    Analysis on Company Performance        Functions



Qualifications, Education, and Work Experience of the Integrated Governance Committee
                                                                                                                   Areas of
      Name             Position                 Education                      Work Experience
                                                                                                                   Expertise
Pradjoto            Chairman         Educational background can       Work experience can be found               • Law
                                     be found in the Board of         in the Board of Commissioners              • Economy
                                     Commissioners Composition        Composition Diversity Section
                                     Diversity Section
Askolani            Member           Educational background can       Work experience can be found               • Law
                                     be found in the Board of         in the Board of Commissioners              • Economy
                                     Commissioners Composition        Composition Diversity Section
                                     Diversity Section
Robertus Billitea   Member           Educational background can        Work experience can be found              • Law
                                     be found in the Board of         in the Board of Commissioners              • Economy
                                     Commissioners Composition        Composition Diversity Section
                                     Diversity Section
Mohamad Yusuf       Member           Educational background can       Work experience can be found               • Economy
Permana 1)                           be found in the Board of         in the Board of Commissioners              • Management
                                     Commissioners Composition        Composition Diversity Section
                                     Diversity Section
Siti Haniatunnisa   Member of        • Bachelor Degree in Law         Chair of Sheikh Nawawi Banten         • Law
                    Subsidiary         from International Islamic     University, Member of the Sharia      • Ekonomi
                    Company            University of Malaysia         Supervisory Board (DPS) of PT           Syariah
                                       (IIUM) (2010)                  BRILife, Member of the Sharia
                                     • Master Degree in Law from      Supervisory Board (DPS) of PT
                                       Universitas Indonesia (2015)   Asuransi Jasindo Syariah, Member of
                                                                      the Sharia Supervisory Board (DPS)
                                                                      of PT DPLK Muamalat, Member of
                                                                      the Sharia Supervisory Board (DPS)
                                                                      of PT Bank Muamalat Indonesia,
                                                                      Member of the Sharia Supervisory
                                                                      Board (DPS) of PT BNI Life Insurance,
                                                                      Member of the Plenary Board of
                                                                      DSN-MUI.
Rudy Tandjung 2)    Member of        • Bachelor Degree in             President Commissioner/                    • Economy
                    Subsidiary         Agricultural Social            Independent Commissioner of PT             • Capital
                    Company            Economics from Bogor           BNI Sekuritas, Head of Consumer              Market
                                       Agricultural University        Banking at PT Bank DBS Indonesia,
                                       (1991)                         Head of Commercial Banking at PT
                                     • Master Degree in Business      Bank DBS Indonesia, Chief Operating
                                       and International Finance      Officer at PT Bank DBS Indonesia,
                                       from Oklahoma City             Commissioner of PT Kustodian
                                       University (1994)              Sentral Efek Indonesia, Head of
                                                                      Transaction Banking at PT Bank
                                                                      Permata Tbk, and Treasury and Trade
                                                                      Solutions Sales Head at Citibank
                                                                      Indonesia.
Eko Priyo           Member of        • Bachelor’s Degree in           President Commissioner/Independent         • Mutual
Pratomo             Subsidiary         Mechanical/Aeronautical        Commissioner of PT BNI Asset                 Funds
                    Company            Engineering from Bandung       Management, Senior Advisor of              • Capital
                                       Institute of Technology        PT Mandiri Manajemen Investasi,              Markets
                                       (1988)                         Director, CEO, Senior Advisor of           • Finance
                                     • Master of Management           PT BNP Paribas AM, Deputy GM,              • Economy
                                       from IPMI Indonesia            Marketing Director of PT Graha
                                       Business School (1991)         Buana Cikarang, Deputy Marketing
                                                                      Manager of PT KSCI - Misui Group,
                                                                      and Lead Engineer of PT IPTN.
Rufina Tinawati     Member of        Bachelor’s Degree in             Commercial & Marketing Support             • Economy
Marianto            Subsidiary       Architecture and Management      Head at PT Bank OCBC NISP Tbk,             • Banking
                    Company          Economics from UNIKA             Executive VP of the Commercial
                                     Parahyangan Bandung (1986)       Business Unit at PT Bank OCBC NISP
                                                                      Tbk, Commercial Business Division
                                                                      Head at PT Bank OCBC NISP Tbk,
                                                                      General Manager of Commercial
                                                                      Jababeka at PT Bank Permata,
                                                                      Independent Commissioner of PT
                                                                      Bank Hibank Indonesia.




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                                                                                                                             Areas of
            Name              Position                 Education                         Work Experience
                                                                                                                             Expertise
       Suhartono 3)         Member of        Bachelor Degree in Law           President Commissioner &                   •   Law
                            Subsidiary       from Diponegoro University,      Independent Commissioner of PT             •   Economics
                            Company          Central Java (1982)              BNI Multifinance, Commissioner             •   Financing
                            Independent                                       of PT Adiprana Sentosa Indovesco,          •   Human
                            Member                                            Advisor of PT Koperasi Nusa                    Resources
                                                                              Raya Cipta, Commissioner of PT
                                                                              Wahana Inti Narendra, President
                                                                              Commissioner of PT Mahesa Altra
                                                                              Sentosa, Commissioner of PT
                                                                              Asuransi Astra Buana, President
                                                                              Director of PT Federal International
                                                                              Finance, Vice President Director of
                                                                              PT Federal International Finance,
                                                                              and Marketing Director of PT Federal
                                                                              International Finance.
       Nurani               Independent      • Bachelor’s Degree              Finance and Operations Director            • Finance
       Raswindriati         Member             in Accounting from             of PT Niaga International Factors,         • Accounting
                                               Padjadjaran University         Head of Credit Risk Control,               • Risk
                                               (1986)                         Risk Management Group at PT                  Management
                                             • Master of Management in        Bank Permata Tbk, Senior Vice              • Economics
                                               Finance from Gadjah Mada       President at the Deposit Insurance
                                               University (2005)              Corporation (LPS), Member of the
                                                                              Risk Monitoring Committee of Bank
                                                                              Resonia Perdania, Member of the
                                                                              Risk Monitoring Committee of PT
                                                                              Bank Tabungan Negara, Compliance
                                                                              and Risk Management Director of
                                                                              PT Bank Victoria Syariah, Senior Vice
                                                                              President at Indonesia Eximbank,
                                                                              Independent Member of the Risk
                                                                              Monitoring Committee of PT
                                                                              Bank Negara Indonesia (Persero)
                                                                              Tbk, Independent Member of the
                                                                              Integrated Governance Committee of
                                                                              PT Bank Negara Indonesia (Persero)
                                                                              Tbk.
  1)
     Serving as a Member of the Integrated Governance Committee since October 22, 2024
  2)
     Serving as a Member of the Integrated Governance Committee since October 17, 2024
  3)
     Serving as a Member of the Integrated Governance Committee since January 19, 2024



  Statement of Independence of the Integrated Governance Committee
  The Integrated Governance Committee is independent in both the implementation of its duties and in
  reporting, and is directly responsible to the EU Board of Commissioners. BNI ensures that all members of
  the Integrated Governance Committee who are independent parties have met the following independence
  requirements:
  1) Are parties outside BNI who do not have financial, management, share ownership and/or family
     relationships with the Board of Commissioners, Supervisory Board, Board of Directors and/or Controlling
     Shareholders of Financial Services Institutions in the BNI Financial Conglomerate, or relationships with
     Financial Services Institutions in the BNI Financial Conglomerate that may affect their ability to act
     independently. The financial, management, share ownership and/or family relationships referred to are
     in accordance with the definition set forth in the applicable laws and regulations;
  2) Do not have any direct or indirect business relationships related to the business activities of Financial
     Services Institutions in the BNI Financial Conglomerate.
  3) The Committee is required to sign an integrity pact which is a statement and commitment to comply with
     all provisions of laws and regulations and GCG principles.

  By fulfilling all aspects of Independence above, all members of the Integrated Governance Committee are
  always able to provide fair and balanced assessments of all relevant conditions and are not influenced by
  personal interests or other parties in expressing their opinions.




                                                                                                               2024 Annual Report
                                                                                             PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                      847
Page 247
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                                               2024         Report           Profile    Analysis on Company Performance         Functions



Integrated Governance Committee Independency
                                                                            Independence Aspect
                                                                                                     No Family
                                                                                                   Relationship
                                                                                                                          Not Serving as
                                        No Financial    No Management                            with the Board of
                 Name                                                             No Share                                 an Official in
                                        Relationship    Relationship with                        Commissioners,
                                                                                 Ownership                                Political Parties,
                                      with the Board of BNI, Subsidiaries,                       Directors, and/or
                                                                               Relationship in                             Government
                                       Commissioners       or Affiliate                          Fellow Members
                                                                                     BNI                                    Officials, or
                                        and Directors      Companies                             of the Integrated
                                                                                                                           Government
                                                                                                    Governance
                                                                                                    Committee
     Pradjoto
     Askolani
     Robertus Billitea
     Mohamad Yusuf Permana 1)
     Siti Haniatunnisa
     Rudy Tandjung 2)
     Eko Priyo Pratomo
     Rufina Tinawati Marianto
     Suhartono 3)
     Nurani Raswindriati
1)
   Serving as a Member of the Integrated Governance Committee since October 22, 2024
2)
   Serving as a Member of the Integrated Governance Committee since October 17, 2024
3)
   Serving as a Member of the Integrated Governance Committee since January 19, 2024



Information on Concurrent Positions
As a form of transparency, details on the dual positions held by members of the Integrated Governance
Committee are outlined in the following table:
                                                                                                           Position in Position in Other
                           Position in the        Position in Subsidiary
           Name                                                                Position in Other Banks    Other Public  State-Owned
                            Bank as EU                  Company
                                                                                                          Companies      Enterprises

     Pradjoto            Chairman                           -                             -                     -                  -
                         & Main
                         Commissioner/
                         Independent
     Askolani            Commissioner                       -                             -                     -                  -
     Robertus Billitea   Commissioner                       -                             -                     -                  -
     Mohamad Yusuf       Commissioner                       -                             -                     -                  -
     Permana 1)
     Siti Haniatunnisa            -           Sharia Supervisory Board       • DPS PT BRILife                   -                  -
                                              (DPS) PT BNI Life Insurance    • DPS PT DPLK Muamalat
                                                                             • DPS PT Bank Muamalat
                                                                               Indonesia
     Rudy Tandjung 2)             -           President Commissioner/                     -                     -                  -
                                              Independent Commissioner
                                              PT BNI Securities
     Eko Priyo                    -           President Commissioner/                     -                     -                  -
     Pratomo                                  Independent Commissioner
                                              PT BNI Asset Management
     Rufina Tinawati              -           Independent Commissioner Independent Commissioner                 -                  -
     Marianto                                 PT Bank Hibank Indonesia PT Bank Hibank Indonesia
     Suhartono 3)                 -           President Commissioner/                     -                     -                  -
                                              Independent Commissioner
                                              PT BNI Multifinance
     Nurani              Independent          -                                           -                     -                  -
     Raswindriati        Member
1)
   Serving as a Member of the Integrated Governance Committee since October 22, 2024
2)
   Serving as a Member of the Integrated Governance Committee since October 17, 2024
3)
   Serving as a Member of the Integrated Governance Committee since January 19, 2024




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         Practices              Governance           Responsibility       Commitment      Statements



  Integrated Governance Committee Meeting                                      not counted in the attendance quorum and the
                                                                               number of votes taken to reach a decision at the
  Meeting Implementation Policy                                                meeting.
  The policies and procedures for conducting the                           6) Decisions at the Committee meeting are made
  Integrated Governance Meeting, as stipulated in the                          based on consensus.
  Integrated Governance Charter, are as follows:                           7) In the event that consensus does not occur,
  1) The Integrated Governance Committee must                                  decisions are made based on a majority vote.
     hold a meeting at least 1 (one) time in 2 (two)                           Meeting decisions are considered valid if
     months.                                                                   approved by more than ½ (one half) of the
  2) The Integrated Governance Meeting can only                                total number of members of the Integrated
     be held if attended by at least 51% (fifty one per                        Governance Committee present. The regulation
     hundred) of the total number of members.                                  of the voting rights of Committee members
  3) The Integrated Governance Committee Meeting                               adheres to the principle of 1 (one) person 1 (one)
     is led by the Chairperson of the Integrated                               vote.
     Governance Committee or the most senior                               8) Committee meetings may be held via
     member of the Integrated Governance Committee                             teleconference, video conference, or other
     if the Chairperson of the Integrated Governance                           electronic media.
     Committee is unable to attend.                                        9) The results of the Committee meeting must be
  4) If deemed necessary, the Integrated Governance                            stated in the minutes of the meeting signed by all
     Committee may invite other parties related to the                         members of the Committee present and properly
     agenda/discussion of the meeting to attend the                            documented.
     Integrated Governance Committee Meeting.                              10) Dissenting opinions that occur in the meeting are
  5) The committee meeting must be attended by                                 clearly stated in the minutes of the meeting along
     each Independent Commissioner from the                                    with the reasons for the differences of opinion.
     Financial Services Institution in the BNI Financial                   11) The attendance of Committee members in
     Conglomerate who is a member of the Integrated                            meetings is reported in the quarterly report and
     Governance Committee. In the event that the                               the annual report of the committee.
     relevant independent Commissioner is unable
     to attend the Integrated Governance Committee                         Frequency and Level of Attendance of
     meeting, then another Commissioner who is                             Integrated Governance Committee Members
     not a member of the Integrated Governance                             in Meetings
     Committee or an official at the relevant Financial                    Throughout 2024, the Integrated Governance
     Services Institution may be asked to attend the                       Committee has held 12 (twelve) meetings. The
     Integrated Governance Committee meeting                               frequency of the meetings has met the provisions
     by filling in the meeting attendance list, but is                     stipulated in the Integrated Governance Committee
                                                                           Charter.


  The following is data on the attendance of Committee members at Integrated Governance Committee
  meetings during 2024:
                  Name                          Position             Number of Meetings          Attended                Percentage
       Pradjoto                                 Chairman                     12                        11                       92%
       Askolani                                 Member                       12                        11                       92%
       Susyanto 1)                              Member                        2                         2                      100%
       Robertus Billitea                        Member                       12                        10                       84%
       Mohamad Yusuf Permana 2)                 Member                        3                         3                      100%
       Parikesit Suprapto 3)                    Member                        6                         6                      100%
       Siti Haniatunnisa                        Member                       12                        11                       92%
       Rudy Tandjung   4)
                                                Member                        3                         3                      100%
       Eko Priyo Pratomo                        Member                       12                        12                      100%
       Suhartono 5)                             Member                       12                         9                       75%
       Rufina Tinawati Marianto                 Member                       12                        11                       92%
       Nurani Raswindriati                Independent Member                 12                        12                      100%
  1)
     Ceased to serve as a Member of the Integrated Governance Committee since March 4, 2024
  2)
     Serving as a Member of the Integrated Governance Committee since October 22, 2024
  3)
     Ceased to serve as a Member of the Integrated Governance Committee since July 5, 2024
  4)
     Serving as a Member of the Integrated Governance Committee since October 17, 2024
  5)
     Serving as a Member of the Integrated Governance Committee since January 19, 2024



                                                                                                                2024 Annual Report
                                                                                              PT Bank Negara Indonesia (Persero) Tbk
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                                        2024          Report          Profile     Analysis on Company Performance      Functions



Meeting Agenda
The agenda for the Integrated Governance Committee meetings throughout 2024 is as follows:
                                                             Integrated Governance
 No.      Date           Meeting Agenda                                                                        Invitee
                                                               Committee Member
 1     January       1. Integrated Financial      1. Pradjoto (President Commissioner/             1) BNI Board of Directors:
       23, 2024         Performance                  Independent Commissioner of BNI)                 • Finance Director o/Head
                        Evaluation -              2. Askolani (Commissioner of BNI)                     of Bank Hibank Indonesia
                        December 2023             3. Susyanto (Commissioner of BNI)                   • Network & Services
                     2. 2023 Synergy              4. Parikesit Suprapto (President Commissioner/        Director /Head of BNI Life
                        Evaluation: Parent           Independent Commissioner of BNI Life               Insurance
                        Company and                  Insurance)                                       • Enterprise & Commercial
                        Subsidiaries &            5. Siti Haniatunnisa (Sharia Supervisory Board        Banking Director /Head of
                        Among Subsidiaries           of BNI Life Insurance)                             BNI Multifinance
                     3. Strategic Plan &          6. Eko Priyo Pratomo (President Commissioner/       • Technology & Operations
                        Business Plan for            Independent Commissioner of BNI Asset              Director o/Head of BNI
                        Subsidiaries - 2024          Management)                                        Ventura
                     4. 2024 Synergy Plan:        7. Rufina Tinawati Marianto (Independent
                        Parent Company               Commissioner of PT Bank Hibank Indonesia)     2) BNI Divisions:
                        and Subsidiaries &        8. Nurani Raswindriati (Independent Party)          • Subsidiaries
                        Among Subsidiaries                                                              Management Division
                                                                                                      • Corporate Planning
                                                                                                        & Performance
                                                                                                        Management Division

 2     February      1. Integrated Risk Profile   1. Susyanto (Commissioner of BNI)                1. Risk Monitoring
       13, 2024         Evaluation and            2. Askolani (Commissioner of BNI)                   Committee:
                        Integrated KPMM for       3. Robertus Billitea (Commissioner of BNI)          • Erwin Rijanto
                        the Second Semester       4. Parikesit Suprapto (President Commissioner/        Slamet (Independent
                        of 2023                      Independent Commissioner of BNI Life               Commissioner of BNI)
                     2. Evaluation of self-          Insurance)                                       • Pahala Nugraha
                        assessment results        5. Siti Haniatunnisa (Sharia Supervisory Board        Mansury (Vice President
                        on Integrated                of BNI Life Insurance)                             Commissioner of BNI)
                        Governance for the        6. Eko Priyo Pratomo (President Commissioner/       • Septian Hario Seto
                        Second Semester of           Independent Commissioner of BNI Asset              (Commissioner of BNI)
                        2023                         Management)                                      • Fadlansyah Lubis
                     3. Integrated                7. Suhartono (President Commissioner/                 (Commissioner of BNI)
                        Governance for the           Independent Commissioner of BNI Finance)         • Bambang Setyogroho
                        Second Semester of        8. Rufina Tinawati Marianto (Independent              (Independent Party)
                        2023                         Commissioner of PT Bank Hibank Indonesia)        • Dwita Suherlina
                                                  9. Nurani Raswindriati (Independent Party)            (Independent Party)
                                                                                                   2. BNI Board of Directors:
                                                                                                      • Risk Management
                                                                                                        Director
                                                                                                      • Human Capital and
                                                                                                        Compliance Director
                                                                                                   3. BNI Divisions:
                                                                                                      • Enterprise Risk
                                                                                                        Management Division
                                                                                                      • Compliance Division
                                                                                                      • Subsidiaries
                                                                                                        Management Division
 3     March 26,     1. Evaluation of the         1. Pradjoto (President Commissioner/             1. BNI Board of Directors:
       2024             Effectiveness of the         Independent Commissioner of BNI)                 • Vice President Director
                        Integrated Internal       2. Askolani (Commissioner of BNI)                   • Enterprise and
                        Control System            3. Robertus Billitea (Commissioner of BNI)             Commercial Banking
                        (SPI) for the Second      4. Parikesit Suprapto (President Commissioner/         Director
                        Semester of 2023             Independent Commissioner of BNI Life          2. BNI Divisions:
                     2. Evaluation of the            Insurance)                                       Internal Audit Division and
                        Effectiveness of the      5. Siti Haniatunnisa (Sharia Supervisory Board      Subsidiaries Management
                        Integrated Audit             of BNI Life Insurance)                           Division
                        Unit for the Second       6. Eko Priyo Pratomo (President Commissioner/
                        Semester of 2023             Independent Commissioner of BNI Asset
                     3. Improvement of the           Management)
                        Quality and Quantity      7. Rufina Tinawati Marianto (Independent
                        of Auditors in               Commissioner of PT Bank Hibank Indonesia)
                        Subsidiaries              8. Nurani Raswindriati (Independent Party)
                     4. Results of Internal
                        Audits of Subsidiaries
                        and their Follow-up
                        Actions




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                                                                     Integrated Governance
    No.       Date             Meeting Agenda                                                                         Invitee
                                                                       Committee Member
     4    April 30,         1. Financial                1. Pradjoto (President Commissioner/              1) BNI Board of Directors:
          2024                 Performance                 Independent Commissioner of BNI)                  • Finance Director
                               of Subsidiaries          2. Askolani (Commissioner of BNI)                    • Digital and Integrated
                               including the            3. Robertus Billitea (Commissioner of BNI)             Transaction Banking
                               realization of Synergy   4. Parikesit Suprapto (President Commissioner/         Director BNI - Head of
                               with the Parent             Independent Commissioner of BNI Life                Bank Hibank Indonesia
                               Entity and among            Insurance)                                     2) BNI Divisions:
                               Subsidiaries for the     5. Siti Haniatunnisa (Sharia Supervisory Board       • Subsidiaries
                               First Quarter of 2024       of BNI Life Insurance)                              Management Division
                            2. Issues in each           6. Eko Priyo Pratomo (President Commissioner/        • Corporate Planning
                               Subsidiary regarding        Independent Commissioner of BNI Asset               & Performance
                               the evaluation results      Management)                                         Management Division
                               of Risk Management,      7. Rufina Tinawati Marianto (Independent
                               Compliance, and             Commissioner of PT Bank Hibank Indonesia)
                               Audit implementation     8. Nurani Raswindriati (Independent Party)
                               for the First Quarter
                               of 2024
     5    May 14,           Evaluation of the           1. Pradjoto (President Commissioner/              1) BNI Board of Directors:
          2024              Effectiveness of the           Independent Commissioner of BNI)                  Risk Management Director
                            Implementation of           2. Askolani (Commissioner of BNI)                 2) BNI Divisions:
                            Anti-Fraud Strategies       3. Robertus Billitea (Commissioner of BNI)           Anti-Fraud Unit
                            and Whistle Blowing         4. Parikesit Suprapto (President Commissioner/       Internal Audit
                            System (WBS) in                Independent Commissioner of BNI Life              Subsidiaries Management
                            the BNI Financial              Insurance)                                        Division
                            Conglomerate for the        5. Siti Haniatunnisa (Sharia Supervisory Board
                            Second Semester of             of BNI Life Insurance)
                            2023                        6. Eko Priyo Pratomo (President Commissioner/
                                                           Independent Commissioner of BNI Asset
                                                           Management)
                                                        7. Rufina Tinawati Marianto (Independent
                                                           Commissioner of PT Bank Hibank Indonesia)
                                                        8. Nurani Raswindriati (Independent Party)
     6    June 11,          Evaluation of the           1. Pradjoto (President Commissioner/              1) BNI Board of Directors:
          2024              Implementation of              Independent Commissioner of BNI)                  Human Capital &
                            Integrated Compliance       2. Askolani (Commissioner of BNI)                    Compliance Director
                            Functions and Anti-         3. Robertus Billitea (Commissioner of BNI)        2) BNI Divisions:
                            Money Laundering –          4. Parikesit Suprapto (President Commissioner/       Compliance Division
                            Prevention of Terrorism        Independent Commissioner of BNI Life              Subsidiaries
                            Financing in each              Insurance)                                        Management Division
                            Subsidiary for the          5. Siti Haniatunnisa (Sharia Supervisory Board
                            Second Semester of             of BNI Life Insurance)
                            2023                        6. Eko Priyo Pratomo (President Commissioner/
                                                           Independent Commissioner of BNI Asset
                                                           Management)
                                                        7. Suhartono (President Commissioner/
                                                           Independent Commissioner of BNI Finance)
                                                        8. Rufina Tinawati Marianto (Independent
                                                           Commissioner of PT Bank Hibank Indonesia)
                                                        9. Nurani Raswindriati (Independent Party)




                                                                                                               2024 Annual Report
                                                                                             PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                       851
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                                       2024          Report          Profile     Analysis on Company Performance      Functions



                                                            Integrated Governance
No.      Date           Meeting Agenda                                                                        Invitee
                                                              Committee Member
7     July 19,      1. Financial                 1. Pradjoto (President Commissioner/             1) BNI Board of Directors:
      2024             Performance                  Independent Commissioner of BNI)                 • Finance Director
                       of Subsidiaries           2. Siti Haniatunnisa (Sharia Supervisory Board      • Retail Banking Director -
                       including the                of BNI Life Insurance)                             Head of BNI Finance
                       realization of Synergy    3. Eko Priyo Pratomo (President Commissioner/       • Technology & Operations
                       with the Parent              Independent Commissioner of BNI Asset              Director - Head of BNI
                       Entity and among             Management)                                        Ventura
                       Subsidiaries for the      4. Suhartono (President Commissioner/               • Wholesale &
                       Second Quarter of            Independent Commissioner of BNI Finance)           International Banking
                       2024                      5. Rufina Tinawati Marianto (Independent              Director - Head of BNIS,
                    2. Issues in each               Commissioner of PT Bank Hibank Indonesia)          BNIAM, BSPL, and BNI
                       Subsidiary regarding      6. Nurani Raswindriati (Independent Party)            Remittance
                       the evaluation results                                                        • Digital and Integrated
                       of Risk Management,                                                             Transaction Banking
                       Compliance, and                                                                 Director - Head of Bank
                       Audit implementation                                                            Hibank
                       for the Second                                                             2) BNI Divisions:
                       Quarter of 2024                                                               • Subsidiaries
                                                                                                       Management Division
                                                                                                     • Corporate Planning
                                                                                                       & Performance
                                                                                                       Management Division
8     06 August     1. Evaluation of the         1. Pradjoto (President Commissioner/             1) Risk Monitoring
      2024             Integrated Risk Profile      Independent Commissioner of BNI)                 Committee:
                       and Minimum Capital       2. Askolani (Commissioner of BNI)                    • Erwin Rijanto
                       Requirement (KPMM)        3. Robertus Billitea (Commissioner of BNI)              Slamet (Independent
                       for the First Semester    4. Siti Haniatunnisa (Sharia Supervisory Board          Commissioner of BNI)
                       of 2024                      of BNI Life Insurance)                            • Pahala Nugraha
                    2. Evaluation of self-       5. Eko Priyo Pratomo (President Commissioner/           Mansury (Vice President
                       assessment results           Independent Commissioner of BNI Asset                Commissioner of BNI)
                       on Integrated                Management)                                       • Fadlansyah Lubis
                       Governance for the        6. Rufina Tinawati Marianto (Independent                (Commissioner of BNI)
                       First Semester of            Commissioner of PT Bank Hibank Indonesia)         • Dwita Suherlina
                       2024                      7. Nurani Raswindriati (Independent Party)              (Independent Party)
                                                                                                  2) BNI Board of Directors:
                                                                                                      • Risk Management
                                                                                                         Director
                                                                                                      • Human Capital and
                                                                                                         Compliance Director
                                                                                                         BNI Divisions:
                                                                                                  3) Enterprise Risk
                                                                                                     Management
                                                                                                     Division,Compliance
                                                                                                     Division, Subsidiaries
                                                                                                     Management Division
9     September     1. Evaluation of the         1. Pradjoto (President Commissioner/             1) BNI Board of Directors:
      17, 2024         Effectiveness of             Independent Commissioner of BNI)                 Vice President Director
                       the Integrated            2. Askolani (Commissioner of BNI)
                       Internal Control          3. Robertus Billitea (Commissioner of BNI)       2) BNI Divisions:
                       System for the First      4. Siti Haniatunnisa (Sharia Supervisory Board      Internal Audit Division
                       Semester of 2024,            of BNI Life Insurance)                           Subsidiaries Management
                       including Results         5. Eko Priyo Pratomo (President Commissioner/       Division
                       of Internal Audits           Independent Commissioner of BNI Asset
                       of Subsidiaries and          Management)
                       Follow-up Actions         6. Suhartono (President Commissioner/
                    2. Effectiveness of the         Independent Commissioner of BNI Finance)
                       Integrated Audit          7. Rufina Tinawati Marianto (Independent
                       Unit, including              Commissioner of PT Bank Hibank Indonesia)
                       Improvement of the        8. Nurani Raswindriati (Independent Party)
                       Quality and Quantity
                       of Auditors in
                       Subsidiaries.




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                                                                     Integrated Governance
    No.       Date             Meeting Agenda                                                                         Invitee
                                                                       Committee Member
    10    October           1. Financial                1. Pradjoto (President Commissioner/              1) BNI Board of Directors:
          22, 2024             Performance                 Independent Commissioner of BNI)                  • Finance Director
                               of Subsidiaries          2. Askolani (Commissioner of BNI)                    • Retail Banking Director -
                               including the            3. Robertus Billitea (Commissioner of BNI)             Head of BNI Finance
                               realization of Synergy   4. Mohamad Yusuf Permana (Commissioner of            • Network & Services
                               with the Parent             BNI)                                                Director - Head of BNI
                               Entity and among         5. Siti Haniatunnisa (Sharia Supervisory Board         Life Insurance
                               Subsidiaries for the        of BNI Life Insurance)                            • Digital and Integrated
                               Third Quarter of 2024    6. Rudy Tandjung (President Commissioner/              Transaction Banking
                            2. Issues in each              Independent Commissioner of BNI                     Director - Head of Bank
                               Subsidiary regarding        Securities)                                         Hibank
                               the evaluation results   7. Eko Priyo Pratomo (President
                               of Risk Management,         Commissioner/Independent Commissioner          2) BNI Divisions:
                               Compliance, and             of BNI Asset Management)                          Subsidiaries Management
                               Audit implementation     8. Suhartono (President Commissioner/                Division, Corporate
                               for the Third Quarter       Independent Commissioner of BNI Finance)          Planning & Performance
                               of 2024                  9. Rufina Tinawati Marianto (Independent             Management Division
                                                           Commissioner of PT Bank Hibank Indonesia)
                                                        10.Nurani Raswindriati (Independent Party)
    11    November          Evaluation of the           1. Pradjoto (President Commissioner/              1) BNI Board of Directors:
          12, 2024          Integrated Governance          Independent Commissioner of BNI)                  Human Capital and
                            Guidelines of BNI for       2. Askolani (Commissioner of BNI)                    Compliance Director
                            2024                        3. Robertus Billitea (Commissioner of BNI)
                                                        4. Mohamad Yusuf Permana (Commissioner of         2) BNI Divisions:
                                                           BNI)                                              Compliance Division,
                                                        5. Siti Haniatunnisa (Sharia Supervisory Board       Enterprise Risk
                                                           of BNI Life Insurance)                            Management Division,
                                                        6. Rudy Tandjung (President Commissioner/            Anti-Fraud Unit, Internal
                                                           Independent Commissioner of BNI                   Audit, and Subsidiaries
                                                           Securities)                                       Management Division
                                                        7. Eko Priyo Pratomo (President
                                                           Commissioner/Independent Commissioner
                                                           of BNI Asset Management)
                                                        8. Suhartono (President Commissioner/
                                                           Independent Commissioner of BNI Finance)
                                                        9. Rufina Tinawati Marianto (Independent
                                                           Commissioner of PT Bank Hibank Indonesia)
                                                        10.Nurani Raswindriati (Independent Party)
    12    November          Work Plan of the            1. Pradjoto (President Commissioner/                              -
          12, 2024          Integrated Governance          Independent Commissioner of BNI)
                            Committee of BNI for        2. Askolani (Commissioner of BNI)
                            2025                        3. Robertus Billitea (Commissioner of BNI)
                                                        4. Mohamad Yusuf Permana (Commissioner of
                                                           BNI)
                                                        5. Siti Haniatunnisa (Sharia Supervisory Board
                                                           of BNI Life Insurance)
                                                        6. Rudy Tandjung (President Commissioner/
                                                           Independent Commissioner of BNI
                                                           Securities)
                                                        7. Eko Priyo Pratomo (President
                                                           Commissioner/Independent Commissioner
                                                           of BNI Asset Management)
                                                        8. Suhartono (President Commissioner/
                                                           Independent Commissioner of BNI Finance)
                                                        9. Rufina Tinawati Marianto (Independent
                                                           Commissioner of PT Bank Hibank Indonesia)
                                                        10.Nurani Raswindriati (Independent Party)




                                                                                                               2024 Annual Report
                                                                                             PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                       853
Page 253
                                     Performa      Management     Company        Management Discussion and         Business Support
                                       2024          Report        Profile     Analysis on Company Performance        Functions



Integrated Governance Committee Member Competency Improvement Program in 2024
In 2024, members of the Integrated Governance Committee participated in the following education or
training:

         Training//Workshop/                        Date of
                                                                      Venue          Type of Education            Organizer
         Conference/Seminar                     Implementation
Pradjoto – Committee Chairman - President Commissioner/Independent Commissioner
Competency development/training can be seen in the BNI Board of Commissioners competency development/training
section.
Askolani – Committee Member - Commissioner
Competency development/training can be seen in the BNI Board of Commissioners competency development/training
section.
Robertus Billitea – Committee Member - Commissioner
Competency development/training can be seen in the BNI Board of Commissioners competency development/training
section.
Mohamad Yusuf Permana1) – Committee Member - Commissioner
Competency development/training can be seen in the BNI Board of Commissioners competency development/training
section.
Siti Haniatunnisa – Committee Member - Sharia Supervisory Board of PT BNI Life Insurance
Workshop on Pre Ijtima'Sanawi (Annual September 13,                  Jakarta               Training         DSN-MUI
Meeting) of Sharia Supervisory Board IX 2024
in 2024 in insurance sector
Sharia Supervisory Board Workshop           August 12-13, 2024      Bandung                Training         AASI
“Opportunities and Challenges of
Today's Insurance Sharia Supervisory
Board”
Workshop Pre Ijtima' Sanawi (Annual         September 11, 2024       Jakarta               Training         DSN-MUI
Meeting) DPS IX in 2024 on Islamic
Commercial Banks and Islamic Business
Units
Developing Financial Contigency Plan        October 29-30, 2024      Jakarta               Seminar          GRC Management
“Smart Steps to Face Uncertainty”
Rudy Tandjung2) – Committee Member - President Commissioner/Independent Commissioner of PT BNI Sekuritas
Compliance Forum - Realizing an             August 14, 2024          Jakarta              Workshop          BNI
Anti-Corruption Culture through the
Cultivation of Integrity Values
Commemoration of World Anti-                December 17, 2024        Jakarta                                OJK
Corruption Day (Hakordia) OJK 2024
Eko Priyo Pratomo – Committee Member - President Commissioner/Independent Commissioner of PT BNI Asset
Management
Masterclass Corporate Governance            August 12-13, 2024       Jakarta             Certification      Center for Risk
- Governance Risk Management                                                                                Management &
Compliance Sustainability                                                                                   Sustainability
Suhartono3) – Committee Member - President Commissioner and Independent Commissioner of PT BNI Multifinance
National Certification “Integrated          September 17-18,         Jakarta             Certification      RAP Learning
Risk Governance Expert/Certified Risk       2024                                                            Center
Governance Professional (CRGP)”
APPI National Seminar “Financing            June 4, 2024             Jakarta               Seminar          Asosiasi
Challenges Amidst Geopolitical and                                                                          Perusahaan
Economic Changes”                                                                                           Pembiayaan
                                                                                                            Indonesia (APPI)
Compliance Forum - Realizing an             August 14, 2024          Jakarta              Workshop          BNI
Anti-Corruption Culture through the
Cultivation of Integrity Values
Rufina Tinawati Marianto – Committee Member - Independent Commissioner of PT Bank Hibank Indonesia
Socialization of LHKPN Filling              February 19, 2024        Jakarta               Training         BNI
Risk Management Refreshment (J6)            February 20, 2024        Jakarta             Certification      Hibank
Knowledge Sharing “Strategy to Prevent      February 29, 2024        Jakarta               Training         OJK
Cyber Crime”




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         Practices           Governance           Responsibility       Commitment       Statements



                Training//Workshop/                     Date of
                                                                              Venue            Type of Education            Organizer
                Conference/Seminar                  Implementation
       Webinar “Opportunities and Challenges      March 14, 2024              Jakarta                  Training      OJK
       of Digital Assets in Indonesia”
       Webinar “Paylater: Financial Solution or   April 26, 2024              Jakarta                  Training      LPPI
       Source of New Problems?”
       Anti Fraud Awareness Webinar “Avoid        May 22 & May 31,            Jakarta                  Training      BNI
       Online Gambling and Illegal Online         2024
       Loans”
       PDP Series 1 Socialization Data Privacy    May 28, 2024                Jakarta                  Training      Hibank
       and Data Protection Awareness Training
       “Anti Fraud Awareness Webinar: Avoid       June 7, 2024                Jakarta                  Training      BNI
       Online Gambling”
       Masterclass Corporate Governance           August 12 -13,              Jakarta                Certification   Center for Risk
       - Governance Risk Management               2024                                                               Management &
       Compliance Sustainability                                                                                     Sustainability
       Socialization of Increasing Nationalism    August 16, 2024             Jakarta                  Training      Hibank
       Values
       Webinar OJK "How to Prevent Money          September 5, 2024           Jakarta                  Training      OJK
       Laundering and Terrorism Financing"
       Nurani Raswindriati – Committee Member - Independent Party
       Masterclass Corporate Governance           August 12 -13,              Jakarta                Certification   Center for Risk
       - Governance Risk Management               2024                                                               Management &
       Compliance Sustainability                                                                                     Sustainability
       Compliance Forum - Realizing an             August 14, 2024            Jakarta                  Training      BNI
       Anti-Corruption Culture through the
       Cultivation of Integrity Values
  1)
     Served as Member of Integrated Governance Committee since October 22, 2024
  2)
     Served as Member of Integrated Governance Committee since October 17, 2024
  3)
     Served as Member of Integrated Governance Committee since January 19, 2024


  Brief Report on the Implementation of                                 3. Improve the quality of the implementation of
  Integrated Governance Committee Activities                               integrated risk management by monitoring the
  in 2024                                                                  action plan, improving root causes in integrated
  In 2024, the Integrated Governance Committee                             risk management, evaluating the integrated risk
  implemented all programs/Work Plans that had                             profile and the Quality of the Implementation
  been set at the beginning of 2024 to support the                         of Integrated Risk Management (KPMR), and
  supervisory duties of the Board of Commissioners.                        reviewing the General Policy for Integrated Risk
  The Integrated Governance Committee has                                  Management.
  submitted a report on each implementation of its                      4. Maintain the quality of the implementation
  duties accompanied by recommendations to the EU                          of Integrated Governance by evaluating the
  Board of Commissioners signed by the Chairperson                         structure, process and results of integrated
  of the Integrated Governance Committee and                               governance, reviewing and evaluating the
  Committee Members. The following are the strategic                       Integrated     Governance    Guidelines,    and
  steps taken in 2024:                                                     increasing knowledge of best practices for
  1. Improving the quality of the implementation of                        implementing integrated governance.
     the integrated compliance function by conducting                   5. Monitor the effectiveness of the results of
     a self-assessment of the implementation of                            integrated governance by evaluating integrated
     the compliance culture in each BNI Subsidiary                         financial performance, as well as evaluating the
     Company, evaluating the implementation of anti-                       synergy plan between BNI and Subsidiaries and
     fraud strategies, and the Whistleblowing System,                      synergy between Subsidiaries
     Anti-Money Laundering, Prevention of Terrorism
     Financing, and Prevention of the Proliferation of                  Based on the strategy and work program of the
     Weapons of Mass Destruction (APUPPP-PPPSPM)                        Integrated Governance Committee, the activities/
     in the BNI financial conglomerate, and evaluating                  duties of the Integrated Governance Committee are
     the implementation of the integrated compliance                    carried out through the following mechanisms:
     function.                                                          1. Implementation of the Integrated Governance
  2. Improve the quality of integrated internal                            Committee Meeting including inviting the
     control by ensuring the quality and number of                         relevant Directors, related divisions/units;
     auditors in the Subsidiary are adequate, evaluate
     the effectiveness of the integrated internal
     control system, and evaluate the results of the
     Subsidiary’s internal audit and its follow-up.
                                                                                                              2024 Annual Report
                                                                                            PT Bank Negara Indonesia (Persero) Tbk
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                                       2024          Report       Profile    Analysis on Company Performance      Functions



2. Attending the Board of Commissioners Meeting                 4. Discussing and recommending the resolution of
   and the Board of Commissioners together with                     Governance problems that occur in Subsidiaries,
   the Board of Directors in the agenda related to                  including improvements to the implementation
   the implementation of the Integrated Governance                  of integrated compliance functions in building a
   Committee’s duties;                                              culture of compliance in each Subsidiary;
3. Review/evaluation/review outside the meeting                 5. Evaluating and providing recommendations to the
   forum.                                                           Board of Commissioners on the implementation
                                                                    of Integrated Governance including evaluation
The results of the Integrated Governance Committee                  of the adequacy of integrated internal control;
Meeting     and     monitoring,   review/evaluation/                evaluation of the implementation of integrated
review of the Integrated Governance Committee                       compliance functions; implementation of
are submitted to the Board of Commissioners as a                    integrated risk management; implementation
report and recommendation both in writing and in                    of the Integrated Governance Guidelines,
the Board of Commissioners Meeting forum, and                       and achievement of Subsidiary Company
the Integrated Governance Committee also submits                    performance;
suggestions, opinions, and recommendations from                 6. Evaluating and providing recommendations for
the implementation of the Integrated Governance                     the Integrated Governance Guidelines for the
Committee Meeting in writing to the Board of                        BNI Financial Conglomerate for the 2024 period;
Directors for follow-up. During 2024, the Integrated            7. Evaluating the effectiveness and provide advice
Governance Committee has held 12 (twelve)                           on the implementation of the Anti-Fraud Strategy,
meetings, by discussing and discussing 24 (twenty-                  Whistleblowing System, and Implementation of
four) meeting agendas.                                              Anti-Money Laundering, Prevention of Terrorism
                                                                    Funding, and Prevention of Proliferation of
The implementation of the Integrated Governance                     Weapons of Mass Destruction (APU PPT and
Committee activities generally includes the                         PPPSPM) in all members of the BNI Financial
following:                                                          Conglomerate;
1. Reviewing and discussing the performance of                  8. Reviewing and recommending updates to the
    Subsidiaries and the Subsidiary development                     Integrated Governance Policy, Integrated Risk
    strategy in line with the vision of PT Bank                     Management General Policy and Integrated
    Negara Indonesia (Persero) Tbk to become a                      Capital Management Policy;
    financial institution that excels in service and            9. Evaluating and providing advice on the adequacy
    performance, including evaluating the Integrated                of the methodology and problems of integrated
    Financial Performance Evaluation of December                    internal control based on the audit results of
    2023 and Synergy in 2023: Parent Company and                    the Main Entity and Subsidiaries, including
    Subsidiaries & Between Subsidiaries, as well                    evaluations of improvements in the quality
    as discussing the Strategic & Business Plan                     and number of Auditors in Subsidiaries, the
    of Subsidiaries in 2024 and the Synergy Plan                    effectiveness of the Integrated Internal Control
    in 2024: Parent Company and Subsidiaries &                      System (SPI) Semester II of 2023 & Semester I
    Between Subsidiaries;                                           of 2024, to the Results of the Internal Audit of
2. Encouraging and providing suggestions for                        Subsidiaries and their follow-up;
    improving the implementation of synergy of                  10. Conducting       evaluations      and     providing
    Subsidiaries as part of the BNI Group, including                suggestions for the preparation of the Integrated
    synergy in financing cooperation, information                   Risk Profile and Integrated KPMR for Semester II
    sharing, information and technology, human                      of 2023 and Semester I of 2024, integrated risk
    resources, exploration of prospective new                       appetite, and limits for all integrated exposures;
    products      and    optimization   of  business            11. Reviewing and ensuring that the Integrated
    opportunities from PT Bank Negara Indonesia                     Governance Report to the Financial Services
    (Persero) Tbk as the Parent Company;                            Authority has identified the strengths and
3. Encouraging         acceleration   and    provide                weaknesses       of   the      implementation    of
    suggestions so that Subsidiaries in the BNI                     Integrated Governance through the Evaluation
    Financial Conglomerate can continue to increase                 of the Structure, Process, and Results (SPH) of
    positive contributions that have an impact on the               Integrated Governance Semester II/2023 & and
    profitability of the BNI Financial Conglomerate,                Semester I/2024, and ensure that an action plan/
    of course accompanied by adequate risk                          improvement steps have been made for any
    management and internal control, fulfillment of                 weaknesses;
    quality human resources, and Good Governance;               12. Conducting monthly and/or quarterly evaluations,
                                                                    reviews and monitoring of the financial
                                                                    performance and performance of Subsidiaries in
                                                                    order to achieve business targets as one of the
                                                                    results of Integrated Governance;

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  13. Monitoring and ensuring that the findings of the                Integrated Governance Committee Work Plan
      OJK and internal audits at the Main Entity and                  for 2025
      Subsidiaries have been followed up and provide                  The Integrated Governance Committee has set
      suggestions for improvements related to human                   a work plan for 2025 with the following strategic
      resources, database needs, completeness of                      priorities:
      regulations including those related to conflicts of             1) Encourage increased achievement of integrated
      interest at Subsidiaries;                                           governance       through   evaluation    of   the
  14. Preparing Integrated Governance Implementation                      effectiveness of company guidelines, monitoring
      Evaluation report along with recommendations                        financial performance achievement, improving
      for improvements to the Board of Commissioners;                     the quality of integrated compliance functions
  15. Reviewing the effectiveness and providing                           and APU PPT and PPPSPM, and Improving
      recommendations to the Board of Commissioners                       the Quality of Integrated Risk Management
      on integrated internal control and audit results at                 Implementation;
      Subsidiaries;                                                   2) Improve the quality of integrated internal control
  16. Reviewing and updating the Integrated                               and integrated audit, through evaluation of the
      Governance Committee Charter in accordance                          results of self-assessment of the implementation
      with the development of the implementation of                       of the integrated internal control system
      the Integrated Governance Committee’s duties;                       for the semester period, evaluation of the
  17. Reporting the implementation of the Integrated                      implementation of integrated internal audit, and
      Governance Committee’s duties every quarter to                      evaluation of the results of the internal audit of
      the Board of Commissioners; and                                     the Subsidiary Company and its follow-up;
  18. Preparing Integrated Governance Committee’s                     3) Improve the effectiveness of the performance of
      work program for 2025.                                              the Integrated Governance CommitteeImprove
                                                                          the effectiveness of the performance of the
  Integrated Governance Committee                                         Integrated Governance Committee
  Evaluation of the Implementation of
  Integrated Governance of BNI Financial                              Remuneration of Members of the Integrated
  Conglomerate                                                        Governance Committee [ACGS C.3.4]
  The Integrated Governance Committee has                             The remuneration policy for members of the
  conducted an evaluation and assessment of the                       Integrated Governance Committee who are part of
  implementation of Integrated Governance in BNI                      the Board of Commissioners of the Parent Entity,
  Financial Conglomerate, including in terms of the                   the Board of Commissioners of Subsidiaries, and
  adequacy of internal control, risk management, capital              the Sharia Supervisory Board of Subsidiaries is
  level and implementation of integrated compliance                   integrated with the honorarium provided to the Board
  functions in 2024. The Integrated Governance                        of Commissioners and/or the Sharia Supervisory
  Committee generally assesses that all of these                      Board of Subsidiaries, with no special honorarium
  things are running well and in line with applicable                 allocated to individual committee members.
  regulations regarding the implementation of                         Meanwhile, the honorarium for independent (Non-
  Integrated Governance for Financial Conglomerates                   Commissioner) committee members is determined
  in Indonesia, and in accordance with the size                       by the Board of Commissioners, with a maximum
  and complexity of BNI Financial Conglomerate.                       amount set at 20% of the President Director’s salary,
  This means that BNI Financial Conglomerate has                      and no additional income beyond this honorarium
  implemented integrated Governance as a whole                        is provided. This policy aligns with the provisions of
  and the implementation of Integrated Governance                     Minister of SOEs Regulation No. PER-3/MBU/03/2023
  principles has been adequate.                                       dated March 20, 2023, concerning the Organization
                                                                      and Human Resources of State-Owned Enterprises.




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Supporting Organs of
the Board of Commissioners

In order to increase the effectiveness of the                   Work Guidelines and Procedures
supervisory function and provide advice to the                  In carrying out secretarial duties and responsibilities,
Board of Directors, the Board of Commissioners is               the Secretary of the Board of Commissioners and
given the authority to form a number of supporting              staff are required to comply with the Guidelines and
organs under it, such as the Secretary to the Board of          Procedures and Regulations of the Secretariat of the
Commissioners. The formation of supporting organs               Board of Commissioners, which have been stipulated
under the Board of Commissioners has considered                 in the Board of Commissioners Decree No. KEP/041/
the provisions of laws and regulations that apply to            DK/2017 dated September 28, 2017, concerning
public companies, the banking sector, and SOE.                  Guidelines and Procedures for the Secretariat of
                                                                the Board of Commissioners. In general, the charter
Secretary of the Board of                                       regulates the following matters:
                                                                1) Appointment and Position of Secretary to the
Commissioners                                                       Board of Commissioners;
                                                                2) Term of Office of the Secretary to the Board of
The Secretary of the Board of Commissioners is a                    Commissioners, who is from outside the bank,
supporting organ who is appointed and dismissed                     and the Board of Commissioners’ Secretariat
directly by the Board of Commissioners based on                     Staff;
the Decree of the Board of Commissioners and is                 3) Requirements for Secretary to the Board of
directly responsible to the Board of Commissioners.                 Commissioners;
The party who serves as Secretary to the Board of               4) Remuneration of the Secretary to the Board of
Commissioners comes from outside the Bank and                       Commissioners, who is from outside the bank,
is tasked with overseeing the Secretariat of the                    and the Board of Commissioners’ Secretariat
BNI Board of Commissioners. The Secretariat of                      Staff;
the Board of Commissioners was formed and is                    5) Duties of the Secretariat and Secretary to the
tasked with assisting and supporting the smooth                     Board of Commissioners;
running of the activities and duties of the Board               6) Access to and confidentiality of information;
of Commissioners. In carrying out its duties, the               7) Working time of the Secretary to the Board of
Secretary of the Board of Commissioners is assisted                 Commissioners, who is from outside the bank,
by Secretary of the Board of Commissioners staff                    and the Board of Commissioners’ Secretariat
who come from outside the Bank and staff who                        Staff;
come from within the Bank.                                      8) Performance assessment of the Board of
                                                                    Commissioners Secretariat;
Legal Basis for Establishment                                   9) Prohibition of concurrent positions;
The formation and existence of the Secretary of the             10) Mechanism for Coordinating the Board of
Board of Commissioners organ in BNI’s governance                    Commissioners’ Secretariat with the Corporate
structure refer to Minister of State-Owned Enterprises              Secretary and committees under the Board of
Regulation No. PER-3/MBU/03/2023 dated March                        Commissioners.
20, 2023 concerning Organs and Human Resources
of State-Owned Enterprises, which regulates the                 Profile of the Secretary of the Board of
Secretariat of the Board of Commissioners and the               Commissioners
staff of the Secretary of the Board of Commissioners.           The Secretary of the BNI Board of Commissioners is
                                                                appointed and is directly responsible to the Board of
                                                                Commissioners, assisted by a member of the Board
                                                                of Commissioners Secretariat staff. In accordance
                                                                with the Decree of the Board of Commissioners No.
                                                                KEP/015/DK/2019 dated October 24, 2019, the Board
                                                                of Commissioners appointed Anas Puji Istanto as
                                                                Secretary of the BNI Board of Commissioners.




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                                                                      Anas Puji Istanto
                                                                      Secretary to the BNI Board of Commissioners

                                                                      Age
                                                                      38 years old, as of December 31, 2024
                                                                      Nationality
                                                                      Indonesian citizen
                                                                      Domicile
                                                                      Jakarta, Indonesia
                                                                      Education
                                                                      • Bachelor’s degree in Law from Universitas Gadjah Mada (2008)
                                                                      • Master’s degree in Business Law from Universitas Gadjah Mada (2014)
                                                                      • Doctorate degree in Law from Universitas Gadjah Mada (2024)




    Legal Basis of Appointment                                              • Secretary of the Supervisory Board of the SOE Legal Forum
    Appointed for the first time as Secretary of the Board of                 (2017-present)
    Commissioners based on the Board of Commissioners Decree                • Secretary to the Board of Commissioners of PT Jasa Marga
    No. KEP/015/DK/2019                                                       (Persero) Tbk (2017-2019)
    dated October 24, 2019                                                  • Head of Legal Services Sub Division IIb – SOE Ministry (2017-
                                                                              2019)
    Term of Office                                                          • Head of Legal Services I - SOE Ministry (2019-2020)
    2019 - Present                                                          • Coordinator Corporate Law I - SOE Ministry (2020-2024)
                                                                            • Acting Assistant Deputy for Legislation (2024- present)
    Certification and/or Training                                             (2024-present)
    • Qualified Risk Governance Professional Exam Preparation               • Secretary to the Board of Commissioners at PT Bank Negara
       Education and Training by Center For Risk Management &                 Indonesia (Persero) Tbk (2019-present)
       Sustainability (CRMS) (2024)                                         • Secretary of the Nomination and Remuneration Committee at
    • Risk Governance Supervision Certification/Qualified                     PT Bank Negara Indonesia (Persero) Tbk (2020-present)
       Risk Governance Professional (QRGP) by Professional
       Certification Institute - Mitra Kalyana Sejahtera (LSP MKS)          Concurrent Position
       (2024)                                                               • Acting Assistant Deputy for Laws and Regulations
                                                                              (2024-current)
    Work Experience                                                         • Secretary of BNI Nomination and Remuneration Committee
    • Staff of the Board of Commissioners of PT Perkebunan                    (2020-present)
      Nusantara XII (Persero) (2012-2014)                                   • Vice Chairman V KAHGAMA (2023-present)
    • Staff of the Board of Commissioners of PT Bank Mandiri                • Secretary of the Supervisory Board of the SOE Law Forum
      (Persero) Tbk (2014-2017)                                               (2017- present)
    • Head of Sub-Division of Legislative Regulations I – SOE
      Ministry (2014-2017)



  Secretary of The Board of                                                    c. Administering the Board of Commissioner’s
  Commissioners Requirements                                                       documents either incoming letters, outgoing
  The Secretary of the Board of Commissioners shall                                letters, minutes of meetings, or any other
  fulfill the following requirements:                                              documents;
  1) Understand SOE management, monitoring, and                                d. Drafting the Board of Commissioners Work
      development systems;                                                         Plan and Budget;
  2) Has good integrity;                                                       e. Drafting the Board of Commissioners’
  3) Understands the secretariat function;                                         Reports.
  4) Has the ability to communicate and coordinate                          2) In addition to performing duties stated in
      properly;                                                                number 1 above, the Secretary of the Board
  5) Has sufficient time to perform the duties at the                          of Commissioners as the head of the Board
      Bank.                                                                    of Commissioners Secretariat performs the
                                                                               following duties:
  Secretary of The Board of Commissioners                                      a. Ensuring that the Board of Commissioners
  Duties and Responsibilities                                                      complies with the laws and regulations and
  The Secretary to the Board of Commissioners Duties                               implements Good Corporate Governance
  and Responsibilities include:                                                    principles;
  1) Coordinating the Board of Commissioners                                   b. Providing information needed by the Board
     Secretariat duties in performing the following                                of Commissioners periodically or at any time
     duties:                                                                       when requested;
     a. Preparing meetings, including briefing sheets                          c. Coordinating     Committee     members,      if
        for the Board of Commissioners;                                            necessary, to ensure the ease of the Board of
     b. Preparing minutes of the Board of                                          Commissioners’ duties;
        Commissioners’ meeting according to the                                d. Becoming the liaison officer between the
        Bank’s Articles of Association, including                                  Board of Commissioners and other parties;
        attending and preparing Minutes of joint
        meetings of the Board of Commissioners and
        the Board of Directors;
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   e. Performing other duties given by the Board                  3) In the framework of administrative order and
      of Commissioners, among others but not                         good corporate governance implementation,
      limited to:                                                    the Board of Commissioners Secretariat must
      i. Coordinating the preparation of draft                       ensure that documents reflect the Board of
           Decrees for the Board of Commissioners;                   Commissioners’ activities, and are well kept at
      ii. Coordinating the studies/reviews required                  the Bank.
           by the Board of Commissioners;
      iii. Accompanying            the     Board    of            Secretary of The Board of Commissioners
           Commissioners on work visits/official trips            Prohibition of Concurrent Positions
           to work units within the Company, and                  The Secretary and Board of Commissioners
           coordinating with committees under the                 Secretariat staff who come from outside the Bank
           Board of Commissioners in preparing the                may not concurrently serve as:
           Board of Commissioners reports on the                  1) Members of the Board of Commissioners/
           work visits/official trips; and                           Supervisory Board of another BUMN/Company;
      iv. Accompanying             the     Board    of            2) Secretary/Staff Secretary to the Board of
           Commissioners in meetings with the                        Commissioners in State-Owned Enterprises
           regulators or the Bank supervisors related                (BUMN) or other companies;
           to the Board of Commissioners duties and               3) Other committee members in the Company; and/
           obligations as the Company’s supervisor.                  or
                                                                  4) Committee members in BUMN/other companies.


Board of Commissioners Secretary Competency Improvement Program
In 2024, the Secretary of the Board of Commissioners and staff have carried out the following education or
training:

   Types of Training and Competency
                                                       Implementation Time                           Organizer
    Development/Training Materials
Education and Training for Qualified                     August 8-9, 2024                 Center For Risk Management &
Risk Governance Professional Exam                                                          Sustainability (CRMS) (2024)
Preparation
Risk Governance Supervision                             September 9, 2024              Professional Certification Institute –
Certification/Qualified Risk Governance                                                Mitra Kalyana Sejahtera (LSP MKS)
Professional (QRGP)                                                                                  (2024)


Implementation of the Duties of Secretary of the Board of Commissioners in 2024
In carrying out its role as a supporting organ for the Board of Commissioners, the Secretary of the Board
of Commissioners assist and supports the implementation of the duties of the Board of Commissioners by
providing information, analysis, and reports required by the Board of Commissioners.

In 2024, the Secretary of the Board of Commissioners has carried out the following duties:
1. Assist in preparing the 2025 Board of Commissioners Work Plan and the 2024 Board of Commissioners
    Work Plan Realization Report.
2. Assist in the preparation of the draft Report of the Board of Commissioners, which is the obligation of the
    Board of Commissioners in accordance with applicable regulatory provisions, including:
    a. Reports to the Ministry of SOE RI quarterly;
    b. Report to the Financial Services Authority;
    c. Report to Bank Indonesia;
    d. Board of Commissioners work visit report.
3. Monitor, review, and inform the development of the latest statutory regulations to be submitted to the
    Board of Commissioners, including the creation, renewal, or adjustment of Board of Commissioners
    Decrees based on applicable statutory regulations.
4. Coordinate and organize Board of Commissioners Meetings and Joint Board of Commissioners Meetings
    with the Board of Directors, including preparing meeting schedules and meeting materials, compiling
    and administering minutes of Board of Commissioners meetings, conveying suggestions and opinions
    of the Board of Commissioners based on the results of Board of Commissioners meetings to the Board
    of Directors, and monitoring the follow-up to the Board of Commissioners’ suggestions and opinions.




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  5. Assist and support the implementation of                            Board of Directors, and other parties, including
     the duties of committees under the Board of                         preparing drafts of approval letters as well as
     Commissioners as part of the duties of the                          strategic input/suggestions from the Board of
     Board of Commissioners based on applicable                          Commissioners, which are submitted to the
     regulations, including:                                             Board of Directors.
     a. Coordinating     the    division    of     tasks              7. Accompany work visits/official trips (online) of
        of committees under the Board of                                 the Board of Commissioners to work units within
        Commissioners;                                                   the Company at meetings with regulators or bank
     b. Coordinate      and      prepare      meetings                   supervisors related to the duties and obligations
        for committees under the Board of                                of the Board of Commissioners.
        Commissioners, including preparing meeting
        materials, compiling and administering                        Remuneration of the Secretary to the Board
        minutes of meetings, and conveying                            of Commissioners [ACGS C.3.4]
        suggestions and opinions on the results of                    The salary of the Secretary to the Board of
        evaluations and committee meetings to the                     Commissioners is determined by the Board of
        Board of Commissioners as input;                              Commissioners considering the Bank’s financial
     c. Monitor the implementation of the Work                        capabilities. As regulated in the Regulation of the
        Plan of committees under the Board of                         Minister of SOE Number PER-3/MBU/03/2023 dated
        Commissioners; and                                            March 20, 2023 concerning Organs and Human
     d. Ensure completion of reports from committees                  Resources of State-Owned Enterprises, the amount
        under the Board of Commissioners.                             of honorarium received by the Secretary of the BNI
  6. Carry out administrative duties related to the                   Board of Commissioners is a maximum of 15%
     smooth running of the Board of Commissioner’s                    (fifteen percent) of the President Director’s salary
     duties, namely management, storage, and                          and is entitled to a transportation allowance of 20%
     administration of Minutes of Meetings of the Board               (twenty percent) of the honorarium per month and
     of Commissioners and Meetings of the Board                       a religious holiday allowance, which is paid once a
     of Commissioners with the Board of Directors,                    year in the amount of 1 (one) time honorarium.
     as well as Minutes of meetings of committees
     under the Board of Commissioners, documents/
     correspondence from the Commissioner to the




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Committees under
the Board of Directors

In carrying out its duties, the Board of Directors              Credit Committee Charter
has established ten (10) supporting committees in               BNI has established Corporate Credit Guidelines
accordance with BNI’s business needs, with the aim              on Credit Decision-Making Authority, serving as
of enhancing the Bank’s operational effectiveness               a written reference for the Credit Committee to
and efficiency. These committees include, among                 effectively and prudently carry out its duties and
others, the following:                                          responsibilities. These guidelines regulate various
1. Credit Committee                                             aspects, including the committee’s responsibilities,
2. Integrated Risk Management Committee                         committee meetings, and the execution of its
3. Asset & Liability Committee (ALCO)                           functions.
4. Risk Management & Anti-Fraud Committee
5. Business Committee                                           Duties and Responsibilities of the Credit
6. Performance Management Committee                             Committee
7. Technology Management Committee                              The Credit Committee has the following duties and
8. Credit Policy Committee                                      responsibilities:
9. Human Capital (HR) Committee                                 1. Approving or rejecting credit proposals according
10. Subsidiary Committee                                           to the authority limits and the type of credit
                                                                   established by the Board of Directors.
Detailed information on the committees under the                2. Responsible for credit decisions based on matters
Board of Directors will be outlined in the following               including the feasibility of the financed business,
subsection.                                                        credit security considerations, compliance with
                                                                   credit policies and procedures and credit limit
                                                                   provisions;
Credit Committee                                                3. Coordinating with related divisions in the aspect
                                                                   of credit funding;
The Credit Committee is responsible for assisting               4. Rejecting requests and/or influences from
Management in the decision-making process                          interested parties with credit applicants who
related to credit granting, including establishing                 provide credit only as a formality;
credit policies and evaluating credit applications              5. Carrying out his duties, especially in relation
submitted by debtors. The Credit Committee carries                 to granting credit approval according to his
out its duties based on the four-eyes principle,                   authority based on his professional skills
whereby credit decisions involve officials from both               honestly, objectively, carefully and thoroughly.
the business and risk functions to ensure objectivity
and prevent conflicts of interest. BNI’s Credit                 Credit Committee Structure and Membership
Committee is structured into three levels: the Head             The Credit Committee is responsible for making
Office Credit Committee, the Division-Level Credit              credit decisions and comprises officials from both
Committee, and the Regional Credit Committee.                   the business and risk functions, adhering to the four-
                                                                eyes principle to ensure proper authority and prevent
In making credit decisions, the Credit Committee                conflicts of interest. The Credit Committee (KK) is
considers BNI’s credit policies and procedures,                 structured into three levels: the Head Office Credit
assesses the debtor’s financial condition, ensures              Committee, the Division-Level Credit Committee,
credit security, and upholds the principles of                  and the Regional Credit Committee. In making credit
Good Corporate Governance (GCG). In addition                    decisions, the committee considers the debtor’s
to approving or rejecting credit applications, the              financial condition, credit security, credit policies
Credit Committee is also responsible for evaluating             and procedures, and the implementation of Good
credit risk, determining credit exposure limits, and            Corporate Governance (GCG).
regularly monitoring the quality of the debtors’
credit portfolio. Through these roles, BNI ensures
asset quality and minimizes potential credit risks
that could impact the Bank’s financial stability.



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  Term and Membership Duration                                        can be found in the Corporate Governance Chapter,
  The membership term of the Credit Committee is                      under the subsection Board of Directors, within
  aligned with the tenure of the respective structural                the discussion titled Training and/or Competency
  positions in BNI.                                                   Enhancement.

  Credit Committee Members Profile                                    Implementation of Credit Committee Duties
  Detailed information on the profile of each                         in 2024
  committee member is comprehensively outlined in                     Throughout 2024, the credit committee has carried
  Chapter: Company Profile, under the subsections                     out its duties and responsibilities in accordance with
  Profile of the Board of Directors, Profile of the                   its authority.
  Senior Executive Vice President (SEVP), and Profile
  of Executive Officers.
                                                                      Integrated Risk Management
  Credit Committee Member Certification
  BNI ensures that all Credit Committee personnel                     Committee
  have met the qualification standards and
  competency certification in accordance with                         As the Main Entity of the BNI Financial Conglomerate,
  applicable provisions. In 2024, the Credit Committee                BNI has established the Integrated Risk Management
  has participated in the certification program.                      Committee (KMRT) based on Decree No. KP/193/
                                                                      DIR/R dated May 26, 2015. The composition of
  Credit Committee Independence Statement                             the KMRT has since been reorganized through
  All members of the Credit Committee affirm their                    Decree No. KP/215/DIR/R dated May 31, 2024.
  ability and commitment to carrying out their duties                 The committee’s membership structure has been
  and responsibilities objectively and independently,                 adjusted in accordance with the prevailing Board of
  in compliance with applicable regulations and Good                  Directors’ Functional Nomenclature.
  Corporate Governance (GCG) principles. The Credit
  Committee’s Independence Statement is disclosed                     The KMRT plays a crucial role in assisting the Board
  in the Integrity Pact, which is periodically updated                of Directors in ensuring that BNI’s risk management
  and signed by all committee members.                                policies and strategies, as the Main Entity of the
                                                                      BNI Financial Conglomerate, are implemented
  Credit Committee Meetings                                           in compliance with applicable regulations and
                                                                      aligned with the organization’s objectives. The
  Meeting Policy                                                      committee’s primary responsibilities include
  The meeting policy for the Credit Committee is                      reviewing the effectiveness of the internal control
  governed by the Credit Decision Authority Guidelines.               system, evaluating risk policies, and providing
                                                                      recommendations to the Board of Directors to
  Frequency and Attendance                                            enhance risk management. Through the KMRT, BNI
  As of December 31, 2024, a total of 800 Credit                      can minimize potential risks and strengthen the
  Committee meetings attended by the Board of                         implementation of Integrated Governance.
  Directors. These meetings comprised 327 Credit
  Committees for the Corporate Segment (including                     Integrated Risk Management Committee
  International and Institutional Banking), 142 Credit                Charter
  Committees for the Enterprise Segment, 315                          All members of BNI’s KMRT are required to carry
  Credit Committees for the Commercial Segment,                       out their duties and responsibilities with integrity
  and 16 Credit Committees for the Retail Segment                     and in good faith, while adhering to all provisions
  (Consumer, Retail Productive, and Program Credit).                  outlined in the Integrated Risk Management
                                                                      Committee Charter. This charter is periodically
  Credit Committee Training and/or                                    refined and updated in accordance with regulatory
  Competency Improvement in 2024                                      developments and legal changes. The most recent
  In 2024, the Chair and members of the Credit                        amendment to the Integrated Risk Management
  Committee participated in various training                          Committee Charter was enacted by the Board of
  programs, seminars, and workshops to maintain                       Directors through Decree No. KP/215/DIR/R dated
  their expertise and competence in supporting the                    May 31, 2024.
  execution of their duties. Detailed information
  on this matter is provided in the Company Profile                   Duties and Responsibilities of Integrated
  Chapter, under the subsection Competency                            Risk Management Committee
  Development Policy, within the discussion titled                    BNI’s KMRT is responsible for providing
  Competency Development Based on Job Level and                       recommendations to the Board of Directors of the
  Gender Equality in 2024. Additionally, further details              Main Entity in order to:


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1. Preparation, improvement or refinement of Integrated Risk Management and Capital policies based on
   the results of job evaluation;
2. Establish methodologies and procedures used to identify, measure, monitor and control risks arising
   from all BNI Financial Conglomerate activities;
3. Provide recommendations on the establishment of methodology and integrated risk profile assessment
   for BNI Financial Conglomeration.

Structure and Membership of Integrated Risk Management Committee
BNI’s KMRT consists of members of the Board of Directors, along with Executive Officers at one level below
the Board who have been appointed. The structure of KMRT’s membership is determined by a Board of
Directors Decree, which also serves as the official assignment of the Chairperson, Deputy Chairperson, and
Committee Members.

The membership composition of KMRT as of December 31, 2024, based on Decree No. KP/215/DIR/R dated
May 31, 2024 regarding the Arrangement of Integrated Risk Management Committee, is as follows.

  Position on the Committee                               Filled In by                               Voting Rights Status
Chairman                         Deputy President Director - BNI                                Holds voting rights
Vice Chairman                    Risk Management Director - BNI                                 Holds voting rights
Secretary                        Enterprise Risk Management Division Head                       Holds no voting rights
                                 (concurrently as a permanent non-voting member)
Permanent Members at             1. BNI Director who supervises the Subsidiaries Management Holds voting rights
Director & SEVP Level (Voting       Division.
Members)                         2. BNI Director who supervises Subsidiaries Company*)
Permanent Members at             1. Human Capital & Compliance Director - BNI              Holds no voting rights
Director Level (Non-Voting       2. Director who supervises the Risk Management function -
Members)                            Subsidiaries
Permanent Members at             1. Subsidiaries Management Division Head – BNI            Holds no voting rights
Division/Unit/Functional         2. Compliance Division Head – BNI
Level) – Non-Voting Members      3. Legal Division Head – BNI
                                 4. Operational Risk Management Division Head – BNI
                                 5. Head of Internal Audit Unit – BNI
                                 6. Head of Anti-Fraud Unit – BNI
                                 7. Corporate Planning & Performance Management Division
                                    Head – BNI
                                 8. Treasury Division Head – BNI
                                 9. CISO Division Head – BNI
                                 10.IT Strategy & Architecture Division Head – BNI
                                 11.Corporate Secretary Division Head – BNI
                                 12.Division Head or equivalent overseeing Risk Management
                                    – Subsidiaries
Non-Permanent Members            Directors of relevant sectors, SEVPs, Division Head,           Holds no voting rights
                                 Departments, or Functional Units related to the meeting
                                 agenda, from both BNI and its Subsidiaries.



Period and Tenure of Integrated Risk                               Certification of Integrated Risk Management
Management Committee                                               Committee
The term of office of KMRT membership is                           BNI ensures that all members of the Integrated Risk
determined following each structural term of office                Management Committee have met the required
at BNI.                                                            qualification standards and competency certifications
                                                                   in accordance with applicable regulations. In
Profile of Chairman and Members of                                 2024, the Integrated Risk Management Committee
Integrated Risk Management Committee                               successfully participated in a certification program.
More detailed information on the profiles of BNI
KMRT committees and members has been fully                         Statement of Independence of Integrated
described in the Company Profile Chapter, Board of                 Risk Management Committee
Directors Profile Sub-chapter, Senior Executive Vice               All members of the Integrated Risk Management
President (SEVP) Profile Sub-chapter and Executive                 Committee have carried out their duties and
Officers Sub-chapter.                                              responsibilities independently. Statement of
                                                                   Independence of the Integrated Risk Management
                                                                   Committee has been disclosed in the Integrity
                                                                   Pact which is regularly updated and signed by all
                                                                   committee personnel.
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  Integrated Risk Management Committee                                    among related Divisions/Units/Functional Units/
  Meeting                                                                 Subsidiaries and formulate operational policies
                                                                          that are in line with established Committee
  Meeting Implementation Policy                                           policies.
  In accordance with the provisions stipulated in the                  4. If deemed necessary, the Committee has the
  Integrated Risk Management Committee Charter,                           right to invite other Divisions/Functional Units/
  the policies and procedures for the implementation                      Subsidiary Companies outside the Committee
  of BNI KMRT meetings are as follows:                                    members to attend the Committee meetings as
  1. The Committee shall hold a meeting at least                          resource persons in discussing certain issues
     once in 6 months (semester) and/or as required                       according to the competence of the Division/
     at a certain place, time and date that has been                      Functional Unit/Subsidiary Company.
     determined so that all members can arrange                        5. The quorum of the Committee meeting is
     their attendance.                                                    achieved if attended by at least more than 1/2
  2. If the Chairman and Vice Chairman are unable to                      (half) of the voting members at the level of the
     attend, a substitute Chairman may be appointed                       Board of Directors, which includes the presence
     through the mechanism of a substitute director                       of the Chairman and/or Vice Chairman. In the case
     or assignment letter.                                                of the Director who supervises Risk Management
  3. The Committee may schedule sudden meetings                           in a Subsidiary Company, he/she is a permanent
     considering the importance of issues that must be                    member but not a voting member.
     decided immediately, and hold limited meetings


  Frequency and Attendance Rate
  In 2024, BNI held 2 (two) KMRT meetings attended by the Board of Directors and committee members.
  More detailed information on the implementation of KMRT meetings and the attendance rate of committee
  members in these meetings is described in the following table:
                                                                                                                      Attendance
    No.    Date of Meeting                                        Meeting Agenda
                                                                                                                      Quorum (%)
     1    January 31, 2024       1. Approval of the Integrated Risk Profile Self-Assessment as of December 31,            83%
                                    2023
                                 2. Approval of the Calculation of the Integrated Minimum Capital Requirement
                                    as of December 31, 2023 [ACGS B.3.1]
     2    July 31, 2024          1. Approval of the Integrated Risk Profile Self-Assessment as of June 30, 2024           75%
                                 2. Approval of the Calculation of the Integrated Minimum Capital Requirement
                                    as of June 30, 2024 [ACGS B.3.1]



  Training and/or Competency Improvement of Integrated Risk Management Committee in
  2024
  In 2024, the Chairman and members of the Integrated Risk Management Committee (KMRT) participated
  in various training programs, seminars, and workshops to maintain their expertise and competence
  in supporting the execution of their daily duties. Information related to this has been described in the
  Company Profile Chapter, Competency Development Policy Subchapter in the discussion titled Competency
  Development Based on Position Level and Gender Equality in 2024, as well as in the Corporate Governance
  Chapter, Board of Directors Subchapter, in the discussion titled Training and/or Competency Improvement.

  Implementation of Integrated Risk Management Committee Duties in 2024
  Throughout 2024, the Integrated Risk Management Committee (KMRT) has carried out all its duties in
  accordance with its designated responsibilities.

  Integrated Risk Management Committee Work Plan for 2025
  The Integrated Risk Management Committee (KMRT) has established its work plan for 2025 with the
  following strategic priorities:
  1. Integrated Risk Management Committee 01-2025 (Q1 2025)
      a. Approval of Integrated Risk Profile Self-Assessment Results as of December 31, 2024
      b. Approval of the calculation result of the Integrated Capital Adequacy Ratio (CAR) as of December 31,
         2024




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2. Integrated Risk Management Committee 02-2025                  Duties and Responsibilities of the ALCO
   (Q3 2025)                                                     The ALCO has full authority and responsibility to:
   a. Approval of Integrated Risk Profile Self-                  1) Establish policies and manage the assets and
      Assessment Result as of June 30, 2025                         liabilities of PT Bank Negara Indonesia (Persero)
   b. Approval of the Calculation Result of the                     Tbk to cover risks and support the bank’s business
      Integrated Capital Adequacy Requirement                       strategies.
      (CAR) as of June 30, 2025                                  2) Establish policies and manage assets and
   c. Approval of the Integrated Risk Appetite                      liabilities, including:
      Review Year 2025                                              a. Liquidity Management;
                                                                    b. Interest Rate Management;
                                                                    c. Foreign Exchange Management;
                                                                    d. Earnings & Investment Management.
Asset & Liability Committee                                      Asset & Liability Committee Structure and
(ALCO)                                                           Membership
                                                                 BNI’s ALCO consists of members of the Board of
The Asset & Liability Committee (ALCO) is a                      Directors, along with appointed Executive Officers
permanent committee within BNI, established by                   at one level below the Board. The structure of ALCO’s
and directly accountable to the Board of Directors.              membership is determined by a Board of Directors
Within the Bank’s governance structure, ALCO plays               Decree, which also serves as the official assignment
a crucial role in helping BNI maintain an optimal                of the Chairperson, Deputy Chairperson, and
level of profitability by ensuring that liquidity risk,          Committee Members.
interest rate risk, and foreign exchange risk are
effectively managed. This is achieved through the                The composition of BNI ALCO Committee as of
formulation of policies and strategies for BNI’s                 December 31, 2024, based on Decree No. KP/437/
assets and liabilities management.                               DIR/R dated September 22, 2021 regarding Asset &
                                                                 Liability Committee Arrangement (ALCO), which was
ALCO Charter                                                     later updated through CDV memo No. CDV/2/783/R
The ALCO Committee operates under a work                         dated August 15, 2024 regarding Submission of
guideline outlined in the Asset & Liability                      Asset & Liability Committee Membership Updating
Management Committee (ALCO) Charter, which                       (ALCO), is as follows:
was ratified by the Board of Directors through
Decree No. KP/437/DIR/R dated September 22, 2021.
This charter is periodically reviewed and updated
to align with evolving regulatory requirements and
legal changes.

  Position on the Committee                               Filled In by                                Voting Rights Status
Chairman                         President Director                                                  Holds voting rights
Vice Chairman                    Deputy President Director                                           Holds voting rights
Secretary                        Treasury Division Head (concurrently a permanent member)            Holds no voting rights
Permanent Member at              1. Wholesale & International Banking Director                       Holds voting rights
Board of Directors & SEVP        2. Enterprise & Commercial Banking Director
Level (Voting member)            3. Retail Banking Director
                                 4. Digital & Integrated Transaction Banking Director
                                 5. Network & Services Director
                                 6. Risk Management Director
                                 7. Finance Director
                                 9. SEVP Treasury
Permanent Member at Board        Human Capital & Compliance Director*                                Holds no voting rights
of Directors Level Permanent
(Non-voting Member)
Non-permanent member             1. Technology & Operations Director                                 Holds voting rights
at the Board of Directors &      2. SEVP Corporate Banking
SEVP level (Voting member)       3. SEVP Wealth Management
                                 4. SEVP Credit Risk
                                 5. SEVP Remedial & Recovery
                                 6. SEVP Information Technology
                                 7. SEVP Operations
                                 8. SEVP Retail Digital Solutions




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     Position on the Committee                                      Filled In by                                     Voting Rights Status
   Permanent Member at                  1. International & Financial Institutions Division Head      Holds no voting rights
   Division/Unit level                  2. Corporate Banking 1 Division Head
   (Non-voting member)                  3. Corporate Banking 2 Division Head
                                        4. Corporate Banking 3 Division Head
                                        5. Corporate Banking 4 Division Head
                                        6. Syndication & Structured Finance Division Head
                                        7. Institutional Banking 1 Division Head
                                        8. Institutional Banking 2 Division Head
                                        9. Enterprise Banking Division Head
                                        10.Commercial Banking 1 Division Head
                                        11. Commercial Banking 2 Division Head
                                        12.Retail Productive Banking Division Head
                                        13.Business Program Division Head
                                        14.Wholesale Transaction Product & Partnership Division Head
                                        15.Wholesale Digital Channel Division Head
                                        16.Retail Digital Product & Partnership Division Head
                                        17.Retail Digital Channel Division Head
                                        18.Consumer Product Division Head
                                        19.Consumer Segment Division Head
                                        20.Wealth Management Division Head
                                        21.Corporate & Enterprise Credit Risk Division Head
                                        22.Commercial Credit Risk Division Head
                                        23.Retail Credit Risk Division Head
                                        24.Retail Collection & Recovery Division Head
                                        25.Corporate Remedial & Recovery Division Head
                                        26.Enterprise & Commercial Remedial & Recovery Division Head
                                        27.Distribution Network & Sales Division Head
                                        28.Subsidiaries Management Division Head
                                        29.Office of Chief Economist Division Head
                                        30.Corporate Planning & Performance Management Division
                                           Head
                                        31.Accounting Division Head
                                        32.Policy Governance Division
                                        33.Enterprise Risk Management Division Head
                                        34.Compliance Division Head
                                        35.Internal Audit Unit
                                        36.Card Business Division Head
                                        37.Agen46 Division Head
   Non-permanent member                 Division Head/Units and Directors of Subsidiary Companies                   Holds no voting rights
   (Non-voting member)                  related to the topic of discussion
  *) Human Capital & Compliance Director has specific duties and responsibilities as stipulated in the committee guidelines.



  Term and Tenure of ALCO Committee                                         ALCO Independence Statement
  The tenure of ALCO Committee membership is                                All members of BNI’s ALCO are assured to meet the
  determined in accordance with the respective                              independence criteria and individual requirements
  structural terms of office at BNI.                                        as professionals in carrying out their duties and
                                                                            responsibilities objectively and independently, free
  Profile of the Chair and Members of the                                   from any conflicts of interest with the Bank. The
  ALCO                                                                      ALCO Independence Statement is disclosed in the
  Detailed information regarding the profile                                Integrity Pact, which is periodically updated and
  of the ALCO Committee and its members is                                  signed by all ALCO personnel.
  comprehensively outlined in the Company Profile
  chapter, specifically in the sub-chapters on the                          Asset & Liability Committee Meeting
  Profile of the Board of Directors, the Profile of Senior
  Executive Vice Presidents (SEVP), and the Profile of                      Meeting Implementation Policy
  Executive Officers.                                                       As stipulated in the Asset & Liability Management
                                                                            Committee (ALCO) Charter, the policies and
  Asset & Liability Committee Certification                                 procedures for conducting BNI ALCO Committee
  BNI ensures that all members of the ALCO                                  meetings are as follows:
  Committee meet the required qualification standards
  and competency certifications in accordance with
  applicable regulations. In 2024, the ALCO Committee
  successfully completed the designated certification
  program.



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1. The Committee meets at least once every 3                         and formulate operational policies that are in
   months (quarterly) or as required at a certain                    line with the established Committee policies,
   place, time and date that has been determined so                  and hold Mini ALCO, which is attended by at
   that all members can arrange time for attendance.                 least 3 (three) Directors as follows: Wholesale &
2. If the Chairman and Vice Chairman are unable to                   International Banking Director, Risk Management
   attend, a substitute Chairman may be appointed                    Director and Finance Director.
   through a substitute director mechanism or                     4. The quorum of the meeting is achieved if attended
   assignment letter.                                                by at least ½ (half) of the permanent members
3. The Committee may schedule unannounced                            at the level of Directors & SEVPs including the
   meetings considering the importance of issues                     presence of the Chairman and/or Vice Chairman
   that must be decided immediately, and hold                        of the Committee.
   limited meetings with relevant Divisions/Units


Frequency and Attendance
In 2024, BNI held 7 ALCO Committee meetings which were attended by the Board of Directors and
committee members. More detailed information on the implementation of ALCO Committee Meetings and
the attendance rate of committee members in the meetings is described in the following table:
                                                                                                                  Attendance
 No.         Date                                           Meeting Agenda
                                                                                                                  Quorum (%)
  1    January 16, 2024     Credit and DPK growth strategy up to the first semester of 2024                         100%
  2    March 5, 2024        Review of the credit and DPK growth strategy up to the first semester of 2024           100%
  3    May 28, 2024         Review of the credit and DPK growth strategy up to the first semester of 2024,          94,7%
                            along with a review of the foreign currency loan counter rate
  4    July 1, 2024         DPK growth strategy, including through the Wondr channel, and credit                    89,4%
                            expansion strategy until December 2024
  5    July 29, 2024        Determination of changes in loan pricing and amendments to the authority for            100%
                            approving the publication of the Prime Lending Rate (SBDK) report
  6    October 7, 2024      Review of the credit and DPK growth strategy until December 2024, issuance of            90%
                            securities to support the government’s housing loan program, and discussion of
                            the Prime Lending Rate (SBDK)
  7    November 11,         Review of the DPK growth strategy and approval of the principal permit for non-         95%
       2024                 conventional funding in 2025


Implementation of Asset & Liability Committee Duties in 2024
Throughout 2024, the ALCO Committee has effectively carried out its management duties and work programs
in accordance with its assigned responsibilities.

Training and/or Competency Improvement of Asset & Liability Committee in 2024
In 2024, the Chairperson and members of the ALCO Committee participated in various training programs,
seminars, and workshops to maintain their expertise and competencies in support of their duties. Information
related to this matter has been described in the Company Profile Chapter, Competency Development Policy
Subchapter in the discussion entitled Competency Development Based on Position Level and Gender
Equality in 2024, as well as in the Corporate Governance Chapter, Board of Directors Subchapter, in the
discussion entitled Training and/or Competency Improvement.

Work Plan of the ALCO Committee for 2025
The ALCO has established its work plan for 2025 with the following strategic priorities:
1. Growth strategies for Third-Party Funds (DPK) and Credit, in line with the Bank’s Business Plan for 2025.;
2. Pricing strategies for DPK and Credit;
3. Liquidity and funding management strategies.




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  Risk Management & Anti-                                             Duties and Responsibilities of the Risk
  Fraud Committee (KRA)                                               Management Sub-Committee (RMC)

                                                                      A. Risk Management Sub-Committee (RMC)
  The Risk Management & Anti-Fraud Committee                              In executing its functions, the members of the
  (KRA) is a permanent committee under the Board of                       RMC Sub-Committee are tasked with evaluating
  Directors, authorized to provide recommendations                        and providing recommendations to the Board
  regarding the formulation, establishment, and                           regarding risk management, which at a minimum
  management of risk policies. These encompass                            includes:
  Credit Risk, Market Risk, Liquidity Risk, Operational                   1. Formulating Risk Management Policies and
  Risk, Legal Risk, Reputational Risk, Strategic Risk,                        Strategies and any changes thereto;
  and Compliance Risk. Additionally, this committee is                    2. Developing a Risk Management framework
  responsible for establishing policies and managing                          and contingency plans to anticipate abnormal
  anti-fraud strategies across all organizational                             conditions;
  units and assists the Board in setting policies and                      3. Periodically or incidentally improving the Risk
  managing Environmental, Social & Governance                                 Management process due to changes in the
  (ESG) matters, as well as conducting credit risk                            Bank’s external and internal conditions that
  portfolio assessments for the Bank.                                         affect Capital Adequacy, Risk Profile, and
                                                                              ineffective Risk Management implementation
  As part of its continuous improvement efforts, BNI                          based on evaluation results;
  has undertaken several restructurings of the Risk                       4. Establishing policies and/or business decisions
  Management & Anti-Fraud Committee (KRA) and                                 that deviate from normal procedures, such
  updated its working procedures. These refinements                           as exceeding significant business expansion
  have been formalized through the Board of Directors’                        compared to the previously set Business Plan
  Decree No. KP/745/DIR/R dated October 26, 2023,                             or taking positions/exposures that exceed
  regarding the restructuring of the Risk Management                          established limits; and
  & Anti-Fraud Committee (KRA). In connection with                        5. Establishing policies for managing capital
  the update, BNI Risk Management & Anti-Fraud                                adequacy to mitigate risks and support
  Committee has 4 (four) sub-committees, namely:                              the Bank’s business strategy, including
  A. Risk Management Sub-Committee (RMC);                                     measurement, structure (tier 1/tier 2),
  B. Anti-Fraud Sub-Committee (KAF);                                          allocation, and capital contingency plans.
  C. Environmental, Social & Governance Sub-
     Committee (ESG); and                                             B. Duties and Responsibilities of the Anti-Fraud
  D. Credit Risk Portfolio Sub-Committee (CRO).                          Sub-Committee
                                                                          The primary duties of the Anti-Fraud Sub-
  Charter of the Risk Management & Anti-                                  Committee are as follows:
  Fraud Committee (KRA)                                                   1. Identify, evaluate, and determine follow-up
  The Risk Management & Anti-Fraud Committee is                               actions for fraud incidents originating from
  required to perform its duties and responsibilities                         activities in all BNI work units;
  professionally and in good faith to achieve the                         2. Develop an anti-fraud culture and awareness
  Bank’s interests, based on the Charter of the Risk                          throughout the organization;
  Management & Anti-Fraud Committee (KRA). This                            3. Establish Anti-Fraud policies and strategies at
  Charter is reviewed and updated periodically in                             BNI;
  line with changes in applicable legal regulations.                      4. Monitor the implementation of Anti-Fraud
  The most recent update was made by the Board of                             policies and strategies at BNI and periodically
  Directors through Decree No. KP/745/DIR/R dated                             review the impact of the policies and strategies
  October 26, 2023.                                                           implemented.




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C. Environmental, Social, & Governance (ESG)                     Structure and Membership of Risk
   Sub-Committee                                                 Management & Anti-Fraud Committee
  The ESG Sub-Committee is tasked with the                       The KRA BNI consists of members of the Board of
  following responsibilities:                                    Directors, along with Executive Officers one level
  1. Formulating policies and strategies for                     below the Board who have been appointed. The
      managing       Environmental,      Social,     &           committee’s membership structure is established
      Governance (ESG) aspects, including any                    through a Board of Directors’ Decree, which also
      revisions.                                                 serves as the official designation of the Chairman,
  2. Identifying potential ESG risks that could                  Vice Chairman, and Committee Members.
      impact both BNI and its stakeholders.
  3. Monitoring the implementation of the                        The sub-committee membership system within
      Sustainability Finance strategy.                           the Risk Management & Anti Fraud Committee is
  4. Overseeing, evaluating, and providing                       divided into:
      recommendations on the results of BNI’s ESG                1. 1.   Permanent members, are members who are
      Assessment.                                                   present at each Sub-Committee meeting agenda
  5. Assessing the implementation of ESG                            to provide insight and input on the subject matter
      strategies across all of BNI’s business lines.                determined by the Sub-Committee. Permanent
                                                                    members consist of permanent voting members
D. Credit Risk Portfolio (CRO) Sub-Committee                        and/or permanent non-voting members.
  The CRO Sub-Committee has a number of duties                   2. Non-permanent members are members who
  and responsibilities, including the following:                    are present when needed in the Sub-Committee
  1. Discussing the credit risk assessment as                       meeting to be a resource person on the subject
     the basis for determining the adequacy of                      of discussion/problems in accordance with their
     provisioning.                                                  competence, which has been determined by the
  2. Discussing the development of the condition                    Secretary of the Sub-Committee.
     and quality of the credit portfolio.
  3. Determine strategies, mitigation and follow-                The structure, membership, and voting status of
     up on credit risk management that may affect                KRA as of December 31, 2024, based on the Decree
     the Bank’s soundness.                                       of the Board of Directors No. KP/745/DIR/R dated
                                                                 October 26, 2023 regarding the Arrangement of the
                                                                 Risk Management and Anti Fraud Committee (KRA),
                                                                 are as follows:

A. Risk Management Sub-Committee (RMC)
  Position in the Committee                               Filled In by                                Voting Rights Status
Chairman                         Deputy President Director                                       Holds voting rights
Vice Chairman                    Risk Management Director                                        Holds voting rights
Secretary                        Enterprise Risk Management Division Head                        Holds no voting rights
                                 (concurrently as a permanent non-voting member)
Permanent Members at             1. Finance Director                                             Holds voting rights
Directors & SEVP Level           2. Wholesale & International Banking Director
(Voting Member)                  3. Enterprise & Commercial Banking Director
                                 4. Network & Services Director
                                 5. Retail Banking Director
                                 6. Technology & Operations Director
                                 7. Digital & Integrated Transaction Banking Director
                                 8. SEVP Treasury
                                 9. SEVP Operations
Permanent Member at Board        Human Capital & Compliance Director *                           Holds no voting rights
of Directors Level
(Non-voting Member)
Permanent member at              1. Operational Risk Management Division Head                    Holds no voting rights
Division/Unit level              2. Treasury Division Head
(Non-voting Member)              3. Corporate & Enterprise Credit Risk Division Head
                                 4. Commercial Credit Risk Division Head
                                 5. Retail Credit Risk Division Head
                                 6. Corporate Development & Transformation Division Head
                                 7. Compliance Division Head
                                 8. Corporate Planning & Performance Management
                                    Division Head




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        Position in the Committee                                      Filled In by                                    Voting Rights Status
                                           9. Accounting Division Head
                                           10.Office of Chief Economist Division Head
                                           11.Subsidiary Management Division Head
                                           12. Internal Audit Unit Head
                                           13. Legal Division Head
                                           14. Corporate Secretary Division Head
                                           15. Policy Governance Division Head
                                           16. Credit Operations Division Head
                                           17. Distribution Network & Sales Division Head
                                           18. Wholesale Transaction Product & Partnership Division
                                              Head
                                           19.Head of Anti Fraud Unit
                                           20.SORX Wholesale Banking
                                           21.SORX Network & Services
                                           22.SORX Consumer Banking & Corporate Function
                                           23.SORX Technology, Digital & Operations
   Non-permanent member                    Sector Director/SEVP/Division Head related to the topic of             Holds novoting rights
   (Non-voting Member)                     discussion.
   *)
        Human Capital & Compliance Director has specific duties and responsibilities as stipulated in the committee guidelines.


  B. Anti-Fraud Sub-Committee (AAF)
        Position in the Committee                                      Filled In by                                    Voting Rights Status
   Chairman                                Deputy President Director                                              Holds voting rights
   Vice Chairman                           Risk Management Director                                               Holds voting rights
   Secretary                               Head of Anti Fraud Unit (concurrently non-voting member)               Holds no voting rights
   Permanent Members at                    1.   Network & Services Director                                       Holds voting rights
   Directors & SEVP level                  2.   Retail Banking Director
   (Voting member)                         3.   Technology & Operations Director
                                           4.   SEVP Retail Digital Solutions
                                           5.   SEVP Operations
   Permanent Member                        Human Capital & Compliance Director*                                   Holds no voting rights
   at the level of the Board of
   Directors
   (Non-voting Members)
   Permanent Member                        1. Enterprise Risk Management Division Head                            Holds no voting rights
   at the level of Division/Unit/          2. Operational Risk Management Division Head
   Functional Unit                         3. Compliance Division Head
   (Non-voting Members)                    4. Policy Governance Division Head
                                           5. Internal Audit Unit
                                           6. Human Capital Strategy Division Head
                                           7. Human Capital Services Division Head
                                           8. Legal Division Head
                                           9. Distribution Network & Sales Division Head
                                           10. CISO Division Head
   Non-permanent Member                    Director/SEVP/Division Head/Unit/Functional Unit related to            Holds no voting rights
   (Non-voting Members)                    the topic of discussion
   *)
        Human Capital & Compliance Director has specific duties and responsibilities as stipulated in the committee guidelines.


  C. Environment, Social and Governance (ESG) Sub-Committee
   Position in the Committee                                           Filled In by                                       Voting Rights Status
   Chairman                          Deputy President Director                                                         Holds voting rights
   Vice Chairman                     Risk Management Director                                                          Holds voting rights
   Secretary                         Enterprise Risk Management Division Head                                          Holds no voting rights
                                     (also serves as permanent non-voting member)
   Permanent Members                 1. Finance Director                                                               Holds voting rights
   at the Board of Directors         2. Wholesale & International Banking Director
   & SEVP level                      3. Enterprise & Commercial Banking Director
   (Voting Members)                  4. SEVP Treasury
                                     5. Retail Banking Director
                                     6. Network & Services Director
                                     7. Technology & Operations Director




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                                               2024           Report            Profile       Analysis on Company Performance         Functions



 Position in the Committee                                           Filled In by                                       Voting Rights Status
     Permanent Members              Human Capital & Compliance Director*                                              Holds no voting rights
     at the Board of Directors
     level
     (Non-voting Members)
     Permanent Members              1. Corporate Secretary Division Head                                              Holds no voting rights
     at the Division/Unit level     2. Policy Governance Division Head
     (Non-voting Members)           3. Investor Relations Division Head
                                    4. Corporate Planning & Performance Management Division Head
                                    5. International Banking & Financial Institutions Division Head
                                    6. Subsidiaries Management Division Head
                                    7. Procurement & Fixed Assets Division Head
                                    8. Treasury Division Head
                                    9. Compliance Division Head
                                    10.BNI University Division Head
                                    11.Human Capital Strategy Division Head
                                    12.Human Capital Services Division Head
                                    13.Corporate Banking 1 Division Head
                                    14.Corporate Banking 2 Division Head
                                    15.Corporate Banking 3 Division Head
                                    16.Corporate Banking 4 Division Head
                                    17.Syndication & Structured Finance Division Head
                                    18.Enterprise Banking Division Head
                                    19.Commercial Banking 1 Division Head
                                    20.Commercial Banking 2 Division Head
                                    21.Operational Risk Management Division Head
                                    22.Corporate & Enterprise Credit Risk Division Head
                                    23.Commercial Credit Risk Division Head
                                    24.Consumer Product Division Head
                                    25.Retail Productive Banking Division Head
                                    26.Business Program Division Head
                                    27.Card Business Division Head
                                    28.Agen46 Division Head
     Non-permanent                  Director/SEVP/Division Head/Unit/Functional Unit related to the topic             Holds no voting rights
     members                        of discussion.
     (Non-voting Members)
*)
     Specifically, Human Capital & Compliance Director has special duties and responsibilities as regulated in the committee’s work guidelines.


D. Credit Risk Portfolio (CRO) Sub-Committee
 Position in the Committee                                            Filled In by                                       Voting Rights Status

     Chairman                       Risk Management Director                                                            Holds voting rights
     Vice Chairman                  Finance Director                                                                    Holds voting rights
     Secretary                      Corporate & Enterprise Credit Risk Division Head                                    Holds no voting rights
                                    (concurrently a permanent non-voting member)
     Permanent Members              1. SEVP Credit Risk                                                                 Holds no voting rights
     at the Director & SEVP         2. SEVP Remedial & Recovery
     level
     (Non-voting members)
     Permanent Members              1. Corporate Planning & Performance Management Division Head                        Holds no voting rights
     at the Division/Unit/          2. Accounting Division Head
     Functional Unit level          3. Enterprise Risk Management Division Head
     (Non-voting Members)           4. Commercial Credit Risk Division Head
                                    5. Retail Credit Risk Division Head
                                    6. Corporate Remedial & Recovery Division Head
                                    7. Enterprise & Commercial Remedial & Recovery Division Head
                                    8. Retail Collection & Recovery Division Head
                                    9. Treasury Division Head
                                    10. Division Head according to the meeting material
     Permanent member               Director/SEVP/Division Head/Unit/Functional Unit related to the topic of            Holds no voting rights
     (Non-voting member)            discussion.



Risk Management & Anti Fraud Committee Term and Office
The term of office of the Risk Management & Anti Fraud Committee membership is determined following
each structural term of office at BNI.



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  Profile of the Chairman and Members of the                             2. If the Chairperson and Vice Chairperson are
  Risk Management & Anti Fraud Committee                                    unable to attend, a Substitute Chairperson &
  Detailed information on the profile of the committee                      Substitute Vice Chairperson may be appointed
  and members of the BNI Risk Management & Anti                             through the mechanism of Substitute Director or
  Fraud Committee has been fully described in the                           assignment letter.
  Company Profile Chapter, Directors Profile Sub-                        3. The Sub-Committee may schedule sudden
  chapter, Senior Executive Vice President (SEVP)                           meetings considering the importance of the issues
  Profile Sub-chapter and Executive Officers Sub-                           that must be decided immediately. Decisions of
  chapter.                                                                  the Sub-Committee are then executed through
                                                                            the Secretary of the Sub-Committee. In addition,
  Risk Management & Anti-Fraud Committee                                    the Sub-Committee may hold limited meetings
  Certification                                                             with relevant Divisions/Units and formulate
  BNI ensures that all Risk Management & Anti Fraud                         operational policies that are in line with the
  personnel have met the qualification standards                            established Sub-Committee policies.
  and competency certification in accordance with                        4. If deemed necessary, the Sub-Committee has
  applicable regulations. In 2024, Risk & Anti-Fraud                        the right to invite other Divisions/Units outside
  Management has met the established certification                          the Sub-Committee members to attend Sub-
  program.                                                                  Committee meetings as resource persons
                                                                            in discussing certain issues according to the
  Independence Statement of Risk                                            competence of the Division/Unit.
  Management & Anti-Fraud Committee                                      5. The quorum of the meeting is achieved if attended
  BNI ensures that all KRA members have met the                             by at least ½ (half) of the permanent members at
  independence criteria and individual requirements                         the level of the Board of Directors & SEVP, which
  as objective and independent parties in carrying                          includes the presence of the Chairman and/or
  out their duties and responsibilities objectively and                     Vice Chairman. Specifically for the Credit Risk
  free from any conflict of interest with the Bank.                         Portfolio (CRO) Sub-Committee, the meeting
  The Independence Statement of the chairman and                            quorum is achieved if at least ½ (half) of the
  members of KRA has been disclosed in the Integrity                        permanent members at the Board of Directors &
  Pact which is regularly updated and signed by all                         SEVP level are present, in which the Chairman
  committee personnel.                                                      and Vice Chairman are present.

  Risk Management & Anti-Fraud Committee                                 Frequency and Attendance Rate
  Meeting
                                                                         A. Risk Management Sub-Committee (RMC)
  Meeting Implementation Policy                                             In 2024, BNI held 5 (five) RMC Sub-Committee
  1. Each Sub-Committee shall hold meetings at                              meetings attended by the Board of Directors and
     least 4 (four) times in 1 (one) year or as needed                      committee members. More detailed information
     at a certain place, time and date that has been                        on the implementation of RMC Sub-Committee
     determined so that all members can arrange                             meetings and the attendance rate of committee
     time for attendance.                                                   members in these meetings is described in the
                                                                            following table:



                                                                                                                         Kuorum
    No.          Date                                             Meeting Agenda
                                                                                                                       Kehadiran (%)
     1    January 12, 2024       BNI‘s Soundness Level and Risk Profile as of December 31, 2023                              55%
     2    April 19, 2024         BNI Risk Profile as of March 31, 2024                                                      100%
     3    July 3, 2024           Progress of Implementation of New Framework Operational Risk – SORX                        100%
                                 Control Testing Results as of May 2024
     4    July 12, 2024          BNI‘s Soundness Level and Risk Profile as of June 30, 2024                                  91%
     5    October 11, 2024       BNI‘s Risk Profile as of September 30, 2024                                                 73%




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B. Anti Fraud Sub-Committee (KAF)
   In 2024, BNI held three Sub-Committee KAF meetings attended by the Board of Directors and committee
   members. More detailed information on the implementation of the Sub-Committee KAF meetings and
   the attendance rate of committee members is outlined in the following table:
 No.             Date                                           Meeting Agenda                                          Quorum (%)
1         May 22, 2024           Follow-up on the directives from the previous Anti-Fraud Committee                        100%
                                 meeting. Profiling of internal and external fraud for Q1 2024.
                                 Evaluation and follow-up on fraud case remediation efforts, fraud reporting
                                 to law enforcement authorities, and implementation of Know Your
                                 Employee.
2        September 24, 2024      Profiling of internal fraud perpetrators for the first half of 2024.                     87,5%
                                 Enhancement of the Know Your Employee program.
3        Desember 11, 2024       Strengthening the implementation of the Anti-Fraud Strategy in alignment                 64,5%
                                 with OJK Regulation No. 12 of 2024 dated July 31, 2024, regarding
                                 the Implementation of the Anti-Fraud Strategy for Financial Service
                                 Institutions.

C. Sub-Komite Environmental, Social & Governance (ESG)
   In 2024, BNI has held 4 (four) ESG Sub-Committee meetings attended by the Board of Directors and
   committee members. More detailed information on the implementation of the ESG Sub-Committee
   meetings and the attendance rate of committee members in the meetings is outlined in the following
   table:
 No.            Date                                            Meeting Agenda                                          Quorum (%)
    1   January 22, 2024       BNI ESG Initiative Update 2024                                                              100%
    2   March 13, 2024         BNI Sustainability Report 2023, Green Bond Distribution, BNI SDG’s Focus,                    82%
                               Carbon Project, Preparation of Climate Risk Stress Test Reporting
    3   August 19, 2024        BNI MSCI Rating Update, Waste Management, COP29 Baku Azerbaijan, BNI                         91%
                               ESG Communication and Publication, Climate Risk Stress Test (CRST) Update,
                               ESG Management Organizational Structure
    4   December 9, 2024       COP29 Baku Azerbaijan, Material Sustainability Report 2024 Themes and                        73%
                               Topics, BNI Waste Management Update, Use of Recycle Based Paper for BNI
                               Business Cards


D. Sub-Komite Credit Risk Portfolio (CRO)
   In 2024, BNI held 11 CRO Sub-Committee meetings attended by the Board of Directors and committee
   members. More detailed information on the timing of the CRO Sub-Committee meetings and the
   discussions in the meetings are described in the following table:
 No.            Date                                            Meeting Agenda                                          Quorum (%)
    1   February 28, 2024      Assessment Expected Credit Loss (ECL) of Debtors for February 2024.                         100%
    2   March 27, 2024         Assessment Expected Credit Loss (ECL) of Debtors for March 2024.                            100%
    3   May 2, 2024            Assessment Expected Credit Loss (ECL) of Debtors for April 2024.                            100%
    4   May 31, 2024           Assessment Expected Credit Loss (ECL) of Debtors for May 2024.                              100%  
    5   June 25, 2024          Assessment Expected Credit Loss (ECL) of Debtors for June 2024.                             100%
    6   July 26, 2024          Assessment Expected Credit Loss (ECL) of Debtors for July 2024.                             100%
    7   August 29, 2024        Assessment Expected Credit Loss (ECL) of Debtors for August 2024.                           100%
    8   September 25, 2024     Assessment Expected Credit Loss (ECL) of Debtors for September 2024.                        100%  
    9   October 23, 2024       Assessment Expected Credit Loss (ECL) of Debtors for October 2024.                          100%
 10     November 26, 2024      1. Assessment Expected Credit Loss (ECL) of Debtors for November 2024.                      100%
                               2. Re-modeling of IFRS-9 Expected Credit Loss (ECL) in 2024 for Corporate,
                                  Enterprise, Commercial, Small, and Consumer segments.
 11     December 27, 2024      Assessment Expected Credit Loss (ECL) of Debtors for December 2024.                         100%




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  Training and Competency Development                                     5. Development of BNI’s function as a debtor
  for the Risk Management & Anti-Fraud                                       partner in the transition journey through the
  Committee (KRA) in 2024                                                    organization of BNI ESG Sustainability &
  In 2024, the chairman and members of KRA have                              Transition (BEST) Event and TKBI Technical
  participated in a number of training activities/                           Assistant Workshop for BNI debtors in the
  seminars/workshops in order to maintain their                              energy sector.
  level of expertise and competence to support the                        6. Implementation of the Indonesian Taxonomy
  implementation of their daily duties. Information                          of Sustainable Finance (TKBI) in the energy
  related to this has been described in the Company                          sector in accordance with OJK’s directives
  Profile    Chapter,   Competency       Development
  Policy Subchapter in the discussion entitled                        D. Credit Risk Portfolio (CRO) Sub-Committee
  Competency Development Based on Position Level                          In carrying out its management duties during
  and Gender Equality in 2024, as well as in the                          2024, the realization of the CRO Sub-Committee
  Corporate Governance Chapter, Board of Directors                        work program is as follows:
  Subchapter, in the discussion entitled Training and/                    1. 1. Follow-up on the development of debtor
  or Competency Improvement.                                                 conditions that have an impact on the quality
                                                                             of the credit portfolio and the adequacy of
  Implementation of the Risk Management &                                    reserves every month.
  Anti-Fraud Sub-Committee’s Tasks in 2024                                2. Re-modelling the calculation of provisioning
                                                                             adequacy, in accordance with IFRS 9 and the
  A. Risk Management Sub-Committee (RMC)                                     nature of business of each segment.
      Throughout 2024, the RMC Sub-Committee
      has carried out its duties in accordance with its               Risk Management & Anti-Fraud Sub-
      assigned responsibilities.                                      Committee Work Plan 2024

  B. Anti Fraud Sub-Committee (AAF)                                   A. Risk Management Sub-Committee (RMC)
      In carrying out its management duties during                        The RMC Sub-Committee has prepared a work
      2024, the Anti Fraud Sub-Committee has realized                     plan for the coming year 2025 with a focus on
      the work program that was set at the beginning                      evaluating and providing recommendations
      of the year, including the following:                               to the Board of Directors regarding risk
      1. Strengthening the Anti Fraud Strategy policy.                    management.
      2. Strengthening the pillars of fraud prevention
          in the form of monitoring employee profiles                 B. Anti Fraud Sub-Committee (AAF)
          as part of the implementation of Know Your                      The Anti Fraud Sub-Committee has prepared
          Employee.                                                       a work plan and program for 2025 in order to
      3. Implementation of the Anti Fraud Strategy                        implement the 4 Pillars of Anti Fraud Strategy
          pillar in the form of imposing sanctions and                    as stipulated in POJK No. 12 of 2024, especially
          reporting fraud incidents to Law Enforcement                    strengthening the Prevention Pillar. Evaluation
          Officials in order to provide a deterrent effect                of the implementation of the work program
          on fraud.                                                       is reported in the Anti Fraud Sub-Committee
      4. Evaluation and follow-up on efforts to improve                   forum.
          fraud cases.
                                                                      C. Environmental, Social, & Governance (ESG)
  C. Environmental, Social, & Governance (ESG)                           Sub-Committee
     Sub-Committee                                                        The ESG Sub-Committee has established a
      Throughout 2024, the ESG Sub-Committee has                          work plan for 2025, as follows:
      realized work programs, among others:
      1. Supervision function on the implementation                       Related to Sustainability Products and Services
         of ESG at BNI, including the achievement and                     1. Increased Green Loan portfolio with a target
         improvement of BNI’s MSCI ESG rating.                               increase of 5% - 10% per year.
      2. Implementation of Climate Risk Stress Test                       2. Development of Sustainability Finance
         (CRST) for 50% of BNI’s credit portfolio in                         Framework.
         accordance with OJK direction, along with the                    3. Partnership with institutions to develop ESG
         development of CRST tools.                                          programs.
      3. Development of BNI Waste Management with
         the concept of zero waste to landfill.
      4. Distribution of BNI Green Bond in accordance
         with BNI Green Bond framework and POJK
         No. 60 of 2017.


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  4. Development of MSME program:                                 13. Determination of SDGs Focus and Refocusing
     i. Eco-friendly MSMEs:                                           CSR programs & targets according to SDGs
         • BUMI program with target market                            Focus.
            of MSME players who use materials
            and produce environmentally friendly                  Related to Internal Capacity Development
            products.                                             1. ESG Refreshment program for employees.
         • Jejak Kopi Khatulistiwa (JKK) program                  2. ESG certification for ESG Management
            empowers coffee farmers through the                      managers: ESG Investing, Climate Risk and
            use of Social Forest land.                               GRI Standard.
     ii. MSMEs Go Global:                                         3. Establishment of ESG Academy.
         • Encouraging BUMI and JKK programs                      4. ESG Campaign through Green LifeStyle
            to enter the export market.                              for employees and Establishment of ESG
         • Education and capability building                         Ambassador.
            program to support MSMEs to enter                     5. ESG Campaign for Customers/Debtors
            the export market with a target of                       through BNI ESG Sustainability & Transition
            27,700 MSMEs.                                            (BEST) Event.
  5. Expansion of “Ayo Menabung dengan                            6. BNI participation in national and international
     Sampah” Program to 640 schools.                                 ESG events.
  6. Development of an Environmentally Friendly
     Credit Card program for the purchase of                   D. Sub-Committee on Credit Risk Portfolio (CRO)
     sustainable goods, in collaboration with WWF.                The Sub-Committee on CRO has established
  7. Gradual expansion of Agen46 in 3T areas, so                  its work plan for 2025, focusing on enhancing
     that by 2028, 25,000 agents in 3T areas will be              the execution of the Credit Risk Portfolio Sub-
     reached.                                                     Committee. This initiative aims to improve credit
  8. Digitalization of outlets for all BNI outlets.               risk assessment as the basis for determining the
  9. Optimization of digital channels for SME                     adequacy of provisioning, evaluating the quality
     transactions, Agen46, and Digital Banking                    of the credit portfolio, and formulating credit
     customers.                                                   risk management strategies that may impact the
                                                                  Bank’s financial health.
  Related to Sustainable Finance Management in
  Risk Management
  1. Establish      Debtor    Transition   Advisory
      framework and program for high emission
                                                               Business Committee (KBI)
      sectors.
  2. Alignment of portfolio management with                    The Business Committee (KBI) is a standing committee
      transition plan in high emission sector.                 at BNI, authorized to provide recommendations to
  3. Debtor Transition Program education for high              the Board of Directors regarding the formulation of
      emission sector.                                         policies on product or activity management and the
  4. Operational emissions platform to achieve                 Bank’s business strategy.
      Operational NZE.
  5. Implementation of Climate Risk Stress Test for            To enhance operational effectiveness and align
      100% of loan portfolio.                                  with the Bank’s business needs, in 2022, BNI
  6. Implementation of Waste Management with                   restructured the Sub-Committee on Business (KBI).
      the concept of Zero Waste to Land-fill (ZWTL)            Previously under the oversight of the Credit &
      and circular economy in all BNI and Subsidiary           Business Policy Committee (KRB), it was transferred
      Company offices.                                         to the supervision of the Product Committee (PRC).
  7. Implementation of IFRS S1 & S2.                           Additionally, the Product Committee (PRC) was
  8. Adoption of PCAF methodology in the                       integrated into the Business Committee (KBI), a
      calculation of Financing Emissions.                      structure that remains in place. This restructuring,
  9. Adoption of international best practice                   as outlined in the Board of Directors’ Decree No.
      standards.                                               KP/025/DIR/R dated January 18, 2024, led to changes
  10. Development of Climate Risk Framework with               within the Business Committee (KBI). The number of
      TCFD principles.                                         sub-committees increased from two to three, and the
  11. Development of Decarbonization Roadmap                   previously named Business Value Chain Committee
      and establishment of annual operational                  (BVC) retained its designation as the Business Value
      emission decarbonization targets with SBTi               Chain Committee (BVC). As a result, the composition
      principles.                                              of the Business Committee (KBI) is as follows:
  12. Planning and Implementation of Conservation              A. Product Sub-Committee (PRC),
      Project (Carbon Project) for emission offset.            B. Business Value Chain Sub-Committee (BVC), and
                                                               C. Marketing Strategy Sub-Committee (MKT).

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  Business Committee Charter                                                       prospective customers/prospective debtors,
  The Business Committee carries out its duties and                                in accordance with prevailing authorities.
  responsibilities based on the Business Committee                              3. Setting and monitoring strategic business
  Charter, which was established by the Board of                                   collaboration       strategies,       including
  Directors through Decree No. KP/025/DIR/R dated                                  cooperation       among        Divisions/Units/
  January 18, 2024. This charter is periodically                                   Functional Units/Regional Offices/Sentra/
  reviewed and updated to align with regulatory                                    Branches and Subsidiaries.
  developments and changes in applicable laws.                                  4. Overseeing and evaluating the execution
                                                                                   strategies for the business ecosystem of
  Duties and Responsibilities of the Business                                      selected       customers/debtors/prospective
  Committee                                                                        customers/prospective debtors along with
                                                                                   their value chains.
  A. Product Sub-Committee (PRC)
      The Product Sub-Committee (PRC) is responsible                        C. Marketing Strategy Sub-Committee (MKT)
      for the following tasks:                                                  The Marketing Strategy Sub-Committee (MKT) is
      1. Establishing business scale strategies and                             responsible for the following key tasks:
          development plans through BNI’s products                              1. Establishing BNI’s marketing and corporate
          and activities.                                                          branding strategies aligned with BNI’s
      2. Conducting a comprehensive assessment and                                 strategic business plans (i.e., Corporate Plan
          determining the “feasibility” of new products                            & RBB).
          or activities, particularly those involving                           2. Prioritizing marketing and corporate branding
          cross-sectoral/segment alliances and strategic                           strategy initiatives that significantly impact
          partnerships with subsidiaries or external                               BNI’s business and operations, in line with
          companies, by inviting the relevant Sector                               BNI’s planning and budgeting.
          Director.                                                             3. Reviewing plans and monitoring the
      3. Monitoring the implementation of products                                 realization of BNI’s marketing and corporate
          and activities at BNI and making decisions                               branding strategies.
          regarding their continuity based on
          recommendations from the Supporting Staff                         Structure and Membership of the Business
          Group or product owners.                                          Committee
      4. Acting as an arbitration body for cross-                           The Business Committee consists of members
          sectoral issues related to the Performance                        of the Board of Directors, along with appointed
          Management       System     (PMS)    in    the                    Executive Officers at one level below the Board of
          implementation of new products or activities.                     Directors. The structure of the Business Committee’s
                                                                            membership is determined based on a Board of
  B. Business Value Chain Sub-Committee (BVC)                               Directors’ Decree, which also serves as the formal
      The Business Value Chain Sub-Committee (BVC)                          assignment of the Chairperson, Deputy Chairperson,
      is responsible for the following key tasks:                           and Committee Members.
      1. Establishing execution strategies for the
          business ecosystem of selected customers/                         The structure, membership, and voting rights
          debtors/prospective customers/prospective                         status of the Business Committee as of December
          debtors along with their value chains.                            31, 2024, are outlined in Board of Directors’ Decree
      2. Defining and deciding on cross-selling                             No. KP/025/DIR/R dated January 18, 2024, regarding
          strategies and programs, pricing optimization,                    the Issuance of the Board of Directors’ Decree on
          and product package deals for the business                        the Structuring of the Business Committee (KBI), as
          ecosystem of selected customers/debtors/                          follows:


  A. Product Sub-Committee (PRC)
       Position in the Committee                                        Filled In by                            Voting Rights Status
   Chairman                                  President Director                                             Holds voting rights
   Vice Chairman                             Finance Director                                               Holds voting rights
   Secretary                                 Corporate Planning & Performance Management Division           Holds no voting rights
                                             Head (also Permanent Member)
   Permanent Member at the                   Deputy President Director                                      Holds voting rights
   Director & SEVP level                     Network & Services Director
   (Voting member)                           Risk Management Director
                                             Technology & Operations Director
   Permanent Member at the Board             Human Capital & Compliance Director*                           Holds no voting rights
   of Directors level
   (Non-voting member)

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        Position in the Committee                                               Filled In by                                         Voting Rights Status
 Permanent Member at the                        Policy Governance Division Head                                                  Holds no voting rights
 Division/Unit/Functional Unit                  Distribution Network & Sales Division Head
 level                                          Enterprise Risk Management Division Head
 (Non-voting member)                            Operational Risk Management Division Head
                                                Anti Fraud Unit Head
                                                IT Strategy & Architecture Division Head
                                                Banking Operations Division Head
                                                Compliance Division Head
                                                Legal Division Head
                                                Customer Experience Center Division Head
 Permanent member**                             Sector Director/SEVP/Division Head/Unit/Functional Unit                          Holds no voting rights
 (Non-voting member)                            related to the discussion topic
 *) Specifically, Human Capital & Compliance Director has special duties and responsibilities as regulated in the Committee's Work Guidelines
 **) Adjusted to the topic of discussion


B. Business Value Chain (BVC) Sub-Committee
        Position in the Committee                                               Filled In by                                         Voting Rights Status
 Chairman                                       Wholesale & International Banking Director/Institutional                         Holds voting rights
                                                Banking Director/Enterprise & Commercial Banking
                                                Director
 Secretary                                      Wholesale Transaction Product & Partnership Division                             Holds no voting rights
                                                Head (also permanent member)
 Permanent Member at the                        1. Digital & Integrated Transaction Banking Director                             Holds voting rights
 Director & SEVP level                          2. Retail Banking Director
 (Voting member))                               3. Network & Services Director
                                                4. SEVP Treasury
 Permanent Member at the                        1. Corporate Banking Division Head*                                              Holds no voting rights
 Division/Unit/Functional Unit                  2. Institutional Banking Division Head*
 level                                          3. Enterprise Banking Division Head*
 (Non-voting member)                            4. International Banking & Financial Institutions Division
                                                   Head*
                                                5. Retail Productive Banking Division Head
                                                6. Wealth Management Division Head
                                                7. Consumer Segment Division Head
                                                8. Distribution & Network Sales Division Head
                                                9. Treasury Division Head
                                                10.Corporate Planning & Performance Management
                                                   Division Head
 Non-permanent Member                           Sector Director/SEVP/Division Head/Unit/Functional Unit/                         Holds no voting rights
 (Non-voting member)                            Regional Office/Branch/Center/Subsidiary Company
                                                related to the topic of discussion
*) Adjusted to the topic of discussion




C. Marketing Strategy Sub-Committee (MKT)
        Position in the Committee                                               Filled In by                                         Voting Rights Status
 Chairman                                       Digital & Integrated Transaction Banking Director                                Holds voting rights
 Vice Chairman                                  Finance Director                                                                 Holds voting rights
 Secretary                                      Marketing Communications Division (also a permanent                              Holds no voting rights
                                                member)
 Permanent Member at the                        1. Wholesale & International Banking Director/                                   Holds voting rights
 Director & SEVP level                             Institutional Banking Director/Enterprise & Commercial
 (Voting member))                                  Banking Director*
                                                2. Retail Banking Director
                                                3. Network & Services Director
 Permanent Member at the                        1. Corporate Banking Division Head*                                              Holds no voting rights
 Division/Unit/Functional Unit                  2. Institutional Banking Division Head*
 level                                          3. Enterprise Banking Division Head*
 (Non-voting member)                            4. International Banking & Financial Institutions Division
                                                   Head*
                                                5. Commercial Banking Division Head*
                                                6. Retail Productive Banking Division Head
                                                7. Business Program Division Head
                                                8. Consumer Product Division Head




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        Position in the Committee                                           Filled In by                           Voting Rights Status
                                                 9. Consumer Segment Division Head
                                                 10.Card Business Division Head
                                                 11.Wealth Management Division Head
                                                 12.Retail Digital Product & Partnership Division Head
                                                 13.Retail Digital Channel Division Head
                                                 14.Wholesale Transaction Product & Partnership Division
                                                    Head
                                                 15.Wholesale Digital Channel Division Head
                                                 16.Distribution Network & Sales Division Head
                                                 17.Corporate Planning & Performance Management
                                                    Division Head
                                                 18.Corporate Secretary Division Head
   Non-permanent Member*                         Sector Director/SEVP/Division Head/Unit Head/those            Holds no voting rights
                                                 related to the topic of discussion
  *) Adjusted to the topic of discussion



  Term and Tenure                                                                  a. The Product Sub-Committee holds meetings
  The tenure of the Business Committee members                                         at least once every six months (semester)
  is determined in alignment with their respective                                     and/or as needed.
  structural terms within BNI.                                                     b. The Business Value Chain Sub-Committee
                                                                                       holds meetings at least four times a year and/
  Profile of the Chairperson and Members of                                            or as needed for selected customers/debtors/
  the Business Committee                                                               prospective customers/prospective debtors.
  Comprehensive information regarding the profiles                                 c. The Marketing Strategy Sub-Committee holds
  of the Business Committee members has been                                           meetings at least three times a year and/or as
  detailed in the Company Profile Chapter, specifically                                needed.
  under the Subchapter on the Board of Directors’                               2. If the Chairperson and Deputy Chairperson are
  Profile, the Subchapter on the Senior Executive Vice                             unable to attend, a Replacement Chairperson
  President (SEVP) Profile, and the Subchapter on                                  may be appointed through the Substitute Director
  Executive Officers.                                                              mechanism or by issuing an assignment letter.
                                                                                3. The Sub-Committees may schedule ad hoc
  Business Committee Certification                                                 meetings when urgent issues requiring
  BNI ensures that all personnel of the Business                                   immediate decisions arise. Decisions from the
  Committee meet the required qualifications and                                   Sub-Committees are then executed through
  competency certifications in accordance with                                     the Sub-Committee Secretary. Additionally, the
  applicable regulations. In 2024, the Business                                    Sub-Committees may hold limited meetings
  Committee successfully completed the designated                                  with relevant Divisions/Units to formulate
  certification programs.                                                          operational policies that align with established
                                                                                   Sub-Committee policies.
  Statement of Independence of the Business                                     4. A quorum is met if more than half of the permanent
  Committee                                                                        members at the Board of Directors and SEVP
  All members of the Business Committee affirm their                               level are present, including the attendance of the
  commitment and capability to fulfill their duties                                Chairperson and/or Deputy Chairperson of the
  and responsibilities objectively and independently,                              Sub-Committee. Specifically, for the Marketing
  ensuring they remain free from any conflicts of                                  Strategy Sub-Committee, a quorum is met when
  interest that could potentially harm the Bank in                                 at least three members at the Board of Directors
  the future. The Business Committee’s Statement of                                level are present, including the Chairperson and/
  Independence has been documented in the Integrity                                or Vice Chairman of the Sub-Committee.
  Pact, which is periodically updated and signed by all
  committee personnel.                                                          Meeting Frequency and Attendance

  Business Committee Meetings                                                   A. Product Sub-Committee (PRC)
                                                                                   In 2024, BNI held five Product Sub-Committee
  Meeting Implementation Policy                                                    (PRC) meetings attended by the Board of
  1. The Sub-Committees convene meetings at                                        Directors and committee members. Detailed
     predetermined locations, times, and dates to                                  information regarding the execution of PRC
     allow all members to manage their attendance.                                 meetings and the attendance rate of committee
     The meeting frequency is as follows:                                          members is presented in the following table:




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                                                                                 Attendance
 No.            Date                          Meeting Agenda                      Quorum                       Notes
                                                                                     (%)
    1   January 10, 2024         Discussion of savings and consumer                100%        Product life cycle discussion
                                 business achievement strategies
    2   March 27, 2024           Discussion of Bank Product                          -         Carried out in a circular manner
                                 Implementation Plan March 2024
    3   June 14, 2024            Discussion of Bank Product                        100%        In conjunction with the Board of
                                 Implementation Plan June 2024                                 Directors Meeting, the proposed
                                                                                               revision of the RBB
    4   September 26, 2024       Discussion of Bank Product                          -         Carried out in a circular manner
                                 Implementation Plan September 2024
    5   November 4, 2024         Discussion of Bank Product                        100%        Conducted together with the
                                 Implementation Plan 2025                                      Board of Directors Meeting for the
                                                                                               Proposal of RBB, RKAP and RKAB


B. Business Value Chain (BVC) Sub-Committee
   In 2024, BNI has held 6 BVC Sub-Committee meetings attended by the Board of Directors and committee
   members. More detailed information on the implementation of BVC Sub-Committee Meetings and the
   level of attendance of committee members in these meetings is described in the following table:

                                                                                                                       Attendance
 No.          Date                                             Meeting Agenda
                                                                                                                       Quorum (%)
1       January 30,         • TAP Quality (Wallet sizing & Target setting)                                                 100%
        2024                • Action Plan Update
                            • Focus Details per TAP Client (Semen Indonesia, PLN, Astra Group, Pupuk
                              Indonesia, Pertamina)
2       February 20,        • Leads Value Chain                                                                            100%
        2024                • TAP Template
                            • Focus Details per TAP Client (Semen Indonesia, PLN, Astra Group, Pupuk
                              Indonesia, Pertamina)
3       March 26, 2024      • TAP Dashboard                                                                                100%
                            • Customer Detail Dashboard
                            • TAP Template
4       July 12, 2024       •   Flexibility (proposed rate 8%) corporate and certain levels                                100%
                            •   General and special SCF schemes
                            •   Prefin on 5 TAP Groups
                            •   0% SCF Guarantee for new schemes with additional entities on 5 TAP Priorities
                            •   Updated SCF schemes that apply
                            •   Addition of Digital Loan limit: CRS Assessment
5       August 30, 2024     •   Socialization of Product Knowledge - SCF to the regions                                    100%
                            •   Socialization of tools for segment transfer mechanisms to all Region
                            •   Change in the weight of Realization of value chain on KPI Region
                            •   Action item on the trend of decreasing Debit Balance of top 5 Groups
6       October 15,         • Portfolio RPB vs Realization of DNS value chain execution                                    100%
        2024                • Leads Top Priority Clients cleansing
                            • Portfolio CRS CRD vs Realization of execution of leads

C. Marketing Strategy (MKT) Sub-Committee
   In 2024, BNI has held 5 (five) MKT Sub-Committee meetings attended by the Board of Directors and
   committee members. More detailed information on the implementation of the MKT Sub-Committee
   Meeting and the level of attendance of committee members in the meeting is described in the following
   table:

 No               Date                                         Meeting Agenda                                   Attendance Quorum
    1   February 28, 2024            BNI Wide Promotion Cost Allocation Proposal 2024                                  100%
    2   June 11, 2024                Brands Concept Group Collaboration                                                100%
    3   July 12, 2024                BNI Expo 2024 Sponsorship Budget Allocation Proposal                              100%
    4   October 25, 2024             • Customer Gathering Budget Allocation Proposal                                   100%
                                     • Sponsorship Budget Allocation Proposal
                                     • Product Awareness Budget Material Presentation
    5   November 4, 2024             Marketing Budget Realization Submission                                           100%



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  Training and/or Competency Enhancement                                  2. Evaluation of the progress of Bank
  of the Business Committee in 2024                                          Product Development for the March 2025
  In 2024, all personnel of the Business Committee                           Period & Discussion of the Bank Product
  participated in various training, seminars, and                            Implementation Plan for the June 2025 Period.
  workshops to maintain their expertise and                               3. Evaluation of the progress of Bank Product
  competencies, ensuring effective execution of                              Development for the June 2025 Period &
  daily responsibilities. Information regarding these                        Bank Product Implementation Plan for the
  activities is detailed in the Company Profile chapter,                     September 2025 Period.
  under the sub-chapter on Competency Development                         4. Evaluation of the progress of Bank Product
  Policy, specifically in the section titled “Competency                     Development for the September 2025
  Development Based on Job Levels and Gender                                 Period Submission of the Bank Product
  Equality in 2024.” Additionally, relevant information                      Implementation Plan for 2026.
  is presented in the Corporate Governance chapter,
  under the sub-chapter on the Board of Directors,                    B. Business Value Chain (BVC) Sub-Committee
  in the section titled “Training and/or Competency                       The Business Value Chain (BVC) Sub-Committee
  Enhancement.”                                                           has prepared a work plan for 2025 with a focus
                                                                          on determining the scale strategy related to
  Execution of Duties by the Business Sub-                                the execution of the selected customer/debtor/
  Committees in 2024                                                      potential customer/potential debtor business
                                                                          ecosystem along with its value chain.
  A. Product Sub-Committee (PRC)
      In 2024, the PRC Sub-Committee carried out its                  C. Marketing Strategy (MKT) Sub-Committee
      duties and responsibilities in accordance with                      The MKT Sub-Committee has prepared a
      its functions and successfully implemented all                      work plan for 2025, in line with its duties and
      planned work programs, including:                                   responsibilities, as follows:
      1. Monitoring and reporting on the realization of                   1. Determining the scale of BNI’s marketing and
          the Bank’s Product Implementation Plan for                         corporate branding strategy in 2025.
          March 2024.                                                     2. Prioritizing BNI’s marketing and corporate
      2. Monitoring and reporting on the realization of                      branding strategy initiatives that have a
          the Bank’s Product Implementation Plan for                         significant impact on BNI’s business and
          June 2024.                                                         business activities, in line with BNI’s planning
      3. Monitoring and reporting on the realization of                      and budgeting in 2025.
          the Bank’s Product Implementation Plan for
          September 2024.
      4. Submission     of    the    Bank’s
          Implementation Plan for 2025.
                                               Product                Performance Management
                                                                      Committee (PMC)
  B. Business Value Chain (BVC) Sub-Committee
      Throughout 2024, the Business Value Chain                       BNI has established a Performance Management
      (BVC) Sub-Committee has carried out its duties                  Committee (PMC) as one of the permanent
      in accordance with its assigned responsibilities.               committees under the Board of Directors which
                                                                      functions as a forum for managing the Bank’s
  C. Marketing Strategy (MKT) Sub-Committee                           budget monitoring policies and plays an important
      Throughout 2024, the MKT Sub-Committee has                      role in supporting the smooth running of the
      implemented the following work programs:                        performance management process at BNI to ensure
      1. Determining the size of the marketing strategy.              alignment of strategic planning, facilitate the target
      2. Prioritizing marketing strategy initiatives.                 setting process and performance assessment.
      3. Reviewing plans and monitoring the                           The establishment of this committee refers to the
         realization of marketing strategies.                         Decree of the Board of Directors No. KP/353/DIR/R
                                                                      dated June 21, 2017 concerning Arrangement (PMC)
  Business Committee Work Plan for 2025                               and changes have been made to the composition of
                                                                      the PMC membership cfm. Memo No. CDV/2/1515/R
  A. Product Sub-Committee (PRC)                                      dated December 20, 2023 concerning Update
      The PRC Sub-Committee has prepared a work                       Performance Management Committee (PMC).
      plan for 2025, as follows:
      1. Evaluation of the progress of Bank Product                   Performance Management Committee
         Development for the September 2024 Period                    Charter
         & Bank Product Implementation Plan for the                   All PMC members are required to carry out their
         March 2025 Period.                                           duties and responsibilities professionally and


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independently in order to achieve the Bank’s                                         3. Performance Assessment
targets by referring to the matters stipulated in                                       a. Review, provide insight and approve KPI at
the Performance Management Committee Charter.                                              the Sectoral and Division/Unit/Functional Unit
These guidelines have been stipulated by the                                               levels.
Board of Directors through Decree of the Board                                          b. Review and provide recommendations for
of Directors No. KP/353/DIR/R dated June 21, 2017.                                         BNI BOD KPI.
The Performance Management Committee Charter                                            c. Provide recommendations to Sectoral &
is reviewed periodically, and if necessary, can be                                         Division/Unit/Functional Unit in terms of
updated later in accordance with developments/                                             determining and cascading (decreasing) KPI
changes in applicable legal regulations.                                                   and targets.
                                                                                        d. Review the process of implementing
Duties and Responsibilities of the                                                         performance management on an ongoing
Performance Management Committee                                                           basis.
The description of the duties of the BNI PMC are as                                     e. Provide     recommendations       for   policy
follows:                                                                                   amendment initiatives to improve the
1. Strategic Planning                                                                      effectiveness of performance management.
    a. Reviewing and ensuring alignment between                                         f. Review and decide on the PMS score for the
       the Corporate Plan, General Policy of the                                           Q4 period (while for the PMS Score for the Q1,
       Board of Directors, the Bank’s Business Plan                                        Q2, and Q3 periods, the review and decision
       and Budget Determination, and suggesting                                            are carried out by the Director who supervises
       adjustments if necessary;                                                           the PMS function).
    b. Reviewing and approving the Bank’s strategy                                      g. Act as an arbitration institution for issues
       and recommending changes to the Corporate                                           related to performance measurement.
       Plan/Bank’s Business Plan;
    c. Reviewing the performance review process                                      Structure and Membership of the
       that is carried out periodically.                                             Performance Management Committee
                                                                                     The Performance Management Committee (PMC)
2. Target Setting                                                                    consists of members of the Board of Directors,
   a. Approving and setting the annual schedule                                      along with Executive Officers one level below the
      (timeline) and being responsible for Planning                                  Board who are appointed to serve. The structure
      & Budgeting.                                                                   and membership of the Performance Management
   b. Supervising and monitoring the progress of                                     Committee are determined by a Board of Directors
      Planning & Budgeting activities.                                               Decree, which also serves as the official assignment
   c. Reviewing and approving the suggested                                          of the Chairperson, Deputy Chairperson, and
      targets     and/or     budget    adjustments                                   Committee Members.
      (forecasting).
   d. Deciding on Capex proposals with certain                                       As of December 31, 2024, the structure, membership,
      criteria (business cases).                                                     and voting rights status of the PMC, based on Memo
                                                                                     CDV No. CDV/2/1515/R dated December 20, 2023, are
                                                                                     as follows:

  Position in the Committee                                                Filled In by                                            Voting Rights Status
Chairman                                  President Director                                                                        Holds voting rights
Vice Chairman                             Deputy President Director                                                                 Holds voting rights
Secretary                                 Corporate Planning & Performance Management Division                                     Holds no voting rights
                                          Head
                                          (concurrently Permanent Member)
Permanent Member at the                   All Board of Directors & SEVP Members                                                      Holds voting rights
Director & SEVP level
(Voting member)
Permanent Member at the                   Human Capital & Compliance Director*                                                     Holds no voting rights
Board of Directors level
(Non-voting member)
Permanent Member at the                   1. Corporate Planning & Performance Management                                           Holds no voting rights
Division/Unit/Functional Unit                 Division Head
level                                     2. Distribution Network & Sales Division Head
(Non-voting member)                       3. Human Capital Strategy Division
                                          4. Treasury Division Head
                                          5. Data Management & Analytics Division Head
                                          6. Internal Audit Unit Head
Non Permanent Member                      Division Head/Unit/Functional Unit related to the topic of
                                                                                                                                   Holds no voting rights
(Non-voting member)                       discussion.
*) Specifically, Human Capital & ComplianceDirector has special duties and responsibilities as regulated in the Committee's Work Guidelines.


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  Term and Tenure of the Performance                                  Meetings of the Performance Management
  Management Committee                                                Committee
  The tenure of PMC membership follows the
  respective structural terms of office within BNI.                   Meeting Policy
                                                                      The policies and procedures governing PMC
  Profile of the Chairperson and Members of                           meetings at BNI are as follows:
  the Performance Management Committee                                1. The Committee holds meetings at least once
  Comprehensive information on the profiles of                           every six months (semester) or as needed, at a
  PMC members is provided in the Company Profile                         predetermined venue, date, and time, allowing
  chapter, specifically in the sub-chapters on the Board                 all members to schedule their attendance
  of Directors’ Profile, Senior Executive Vice President                 accordingly.
  (SEVP) Profile, and Executive Officers Profile.                     2. If the Chairperson and Deputy Chairperson are
                                                                         unable to attend, an Acting Chairperson may
  Certification of the Performance Management                            be appointed through a Substitute Director
  Committee                                                              mechanism or by issuing an assignment letter.
  BNI ensures that all PMC personnel meet the required                3. The Committee may schedule additional meetings
  qualification and competency certification standards                   beyond the regular sessions, as follows:
  in accordance with applicable regulations. In 2024,                    a. Conducting emergency meetings to address
  PMC members have participated in a certification                           urgent     matters    requiring    immediate
  program.                                                                   resolution. Decisions made by the Sub-
                                                                             Committee will be implemented through the
  Independence Statement of the Performance                                  Sub-Committee Secretary.
  Management Committee                                                   b. Holding limited meetings with relevant
  All PMC members declare their ability and                                  Divisions/Units/Functional      Groups       to
  commitment to fulfilling their duties and                                  formulate operational policies aligned with
  responsibilities in compliance with prevailing                             the established Committee policies
  regulations and Good Corporate Governance (GCG)                     4. If necessary, the Committee has the right to invite
  principles.                                                            other Divisions/Units/Functional Groups outside
                                                                         the Committee members to attend meetings
                                                                         as resource persons for specific discussions
                                                                         relevant to their expertise.
                                                                      5. A quorum for Committee meetings is achieved
                                                                         when at least more than half of the permanent
                                                                         members at the Board of Directors & SEVP level
                                                                         are present, including the attendance of the
                                                                         Chairperson and/or Deputy Chairperson.




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Meeting Frequency and Attendance Rate
In 2024, BNI held 12 (twelve) PMC Committee meetings attended by the Board of Directors and committee
members. Detailed information regarding PMC Committee meetings and the attendance rate of its members
is outlined in the following table:

                                                                                                         Attendance Quorum
 No.           Date                                         Meeting Agenda
                                                                                                                (%)
  1    February 6, 2024        Scorecard Finalization Q4/2023                                                     83%
  2    February 19, 2024       Scorecard Finalization Q4/2023                                                    100%
  3    February 7, 2024        Implementation of Performance Review                                               75%
  4    March 8, 2024           Business Meeting                                                                  100%
  5    April 22, 2024          Financial Performance Q1 2024                                                      83%
  6    June 24, 2024           Prognosis and Achievement June 2024                                               100%
  7    July 9, 2024            Financial Performance Q2 2024                                                     100%
  8    August 12, 2024         Implementation of Performance Review July 2024                                    100%
  9    September 17, 2024      Financial Performance August 2024                                                  78%
 10    October 7, 2024         Financial Performance Q3 2024                                                      83%
 11    November 4, 2024        Approval of RKAP 2025, RBB 2025-2027, RKAB 2025, and RJPP 2025-2029               100%
 12    November 25, 2024       Implementation of Performance Review                                               92%


Training and/or Competency Enhancement                           Work Plan of the Performance Management
of the Performance Management Committee                          Committee for 2025
in 202                                                           PMC has outlined its work plan for 2025, focusing on
In 2024, all PMC personnel participated in various               the following strategic priorities:
training programs, seminars, and workshops to                    1. Conducting a review of the 2025 RBB and RKAP.
maintain their expertise and competencies in                     2. Conducting Monthly Performance Reviews for
supporting their daily responsibilities. Detailed                   2025.
information on this matter is outlined in the                    3. Reviewing and ensuring the alignment of KPIs
Company Profile chapter, under the sub-chapter on                   with the Bank-wide strategy and targets for 2025.
Competency Development Policy, in the section titled             4. Reviewing and evaluating PMS scores for Q1,
Competency Development Based on Job Level and                       Q2, and Q3.
Gender Equality in 2024, as well as in the Corporate             5. Reviewing and finalizing the PMS scores for Q4
Governance chapter, under the sub-chapter on the                    2024.
Board of Directors, in the section titled Training and/          6. Reviewing and approving the RBB and RKAP for
or Competency Enhancement.                                          2026–2028.

Performance Management Committee
Activities in 2024                                               Technology Management
Throughout 2024, BNI’s PMC undertook several
initiatives and implemented work programs,                       Committee (KMT)
including:
1. Reviewing and ensuring alignment between the                  To assist the Board of Commissioners and the Board
    Corporate Plan, the Board of Directors’ General              of Directors in overseeing Information Technology
    Policy, the Bank’s Business Plan, and Budget                 (IT) development activities, BNI established the
    Allocation.                                                  Technology Management Committee (KMT) through
2. Approving the RBB (Bank Business Plan) and                    the Board of Directors Decree No. KP/364/DIR/R
    RKAP (Work Plan and Budget) for 2025–2027.                   dated August 13, 2021, concerning the Structuring
3. Supervising and monitoring developments in                    of the Technology Management Committee (KMT).
    Planning & Budgeting activities.                             KMT is a permanent committee at BNI, authorized to
4. Reviewing the periodic performance evaluation                 provide recommendations to the Board of Directors
    process.                                                     regarding the formulation and establishment of IT
5. Providing recommendations on the determination                development policies and strategies.
    and cascading of KPIs and targets for 2024.
6. Reviewing and finalizing the PMS (Performance
    Management System) scores for Q4 2023.




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  Technology Management Committee Charter                                b. Determining the priority status of critical IT
  KMT operates under a formal Technology                                     projects with significant operational impact.
  Management Committee Charter, which serves as a                        c. Making decisions on the continuation, de-
  mandatory guideline for all committee members in                           prioritization, or termination of projects.
  performing their duties. This guideline is reviewed                    d. Assessing the adequacy and allocation of
  and updated periodically to ensure alignment with                          resources for IT projects.
  applicable regulations and the Bank’s needs. The                       e. Monitoring project execution to ensure
  KMT Charter was last updated in 2021 and formalized                        timelines and resource requirements are met.
  through Board of Directors Decree No. KP/364/                          f. Evaluating and recommending solutions for
  DIR/R dated August 13, 2021, with further revisions                        high-risk or problematic projects.
  documented in Memo CDV No. CDV/2/1209/R dated                          g. Reviewing financial aspects of ongoing IT
  December 23, 2024.                                                         projects, including *total project cost, profit &
                                                                             loss analysis, and budget realization.*
  Duties and Responsibilities of the                                  3. IT Risk Management
  Technology Management Committee                                        a. Recommending measures to minimize risks
  BNI’s KMT is responsible for key areas, including:                         associated with BNI’s IT investments, ensuring
  1. IT Strategy and Policy Formulation                                      they contribute to the Bank’s business
     a. Provide recommendations regarding the                                objectives.
         formulation of key IT policies, standards and                   b. Evaluating and advising on the resolution of
         procedures, particularly related to aspects                         IT-related issues that cannot be addressed by
         of IT system development and procurement,                           operational IT units.
         IT operational activities and communication                     c. Identifying key issues, mitigation plans, and
         networks, information security, end user                            required next steps/actions.
         computing, e-banking, use of IT service                      4. IT Performance Measurement and Evaluation
         providers, and implementation of BNI IT use                     a. Assessing IT alignment with the Bank’s
         risk management.                                                    Management Information System (MIS)
     b. Provide recommendations regarding the                                requirements.
         Information Technology Strategic Plan (RSTI)                    b. Conduct evaluations and recommendations
         and the Information Technology Development                          regarding the conformity between the
         Plan (RPTI) that are in line with BNI’s strategic                   implementation of IT projects and the agreed
         business plan, taking into account factors of                       project plan (project charter).
         efficiency, effectiveness and implementation                    c. Monitoring          IT    performance         and
         plan (roadmap), required resources, and                             recommending improvement measures.
         costs and benefits that will be obtained when
         the plan is established.                                     Structure and Membership of the
     c. Conduct evaluations and recommendations                       Technology Management Committee
         on the conformity of approved projects                       KMT comprises all members of the Board of
         with the Information Technology Strategic                    Directors, along with designated Executive Officers
         Plan (RSTI) and Information Technology                       one level below the Board. The structure of BNI’s
         Development Plan (RPTI).                                     KMT is determined based on its Terms of Reference
     d. Approving budget recommendations for IT                       (TOR), which also serves as the official designation
         and information security.                                    of the Chairman, Deputy Chairman, and Committee
     e. Establishing IT strategic plans.                              Members.
     f. Defining policies, standards, and procedures
         for IT implementation and usage.                             Based on Memo CDV/2/1209/R dated December
  2. IT Project Portfolio Management                                  23, 2024, regarding the Updating of the Technology
     a. Evaluating the IT project portfolio, including                Management Committee (KMT) Board of Directors
         proposed projects, approved projects,                        Decree, the structure, membership, and voting
         ongoing projects, and completed projects.                    rights status of KMT as of December 31, 2024, are
                                                                      as follows:




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        Position in the Committee                                         Filled In by                                   Voting Rights Status
     Chairman                               President Director                                                         Holds voting rights
     Vice Chairman                          Technology & Operations Director                                           Holds voting rights
     Secretary                              IT Strategy & Architecture Division Head                                   Holds no voting rights
                                            (concurrently serves as a non-voting Permanent Member)
     Permanent Member at the                1. Deputy President Director                                               Holds voting rights
     Director & SEVP level                  2. Wholesale & International Banking Director
     (Voting member)                        3. Enterprise & Commercial Banking Director
                                            4. Risk Management Director
                                            5. Finance Director
                                            6. Network & Services Director
                                            7. Retail Banking Director
                                            8. Digital & Integrated Transaction Banking Director
                                            9. SEVP Information Technology
                                            10.SEVP Treasury
                                            11.SEVP Remedial & Recovery
                                            12.SEVP Operations
                                            13.SEVP Retail Digital Solutions
     Permanent Member at the Board          Human Capital & Compliance Director*                                       Holds no voting rights
     of Directors level
     (Non-voting member)
     Permanent Member at the                1. IT Strategy & Architecture Division Head                                Holds no voting rights
     Division/Unit/Functional Unit          2. Application Development Division Head
     level                                  3. Wholesale Digital Delivery Division Head
     (Non-voting member)                    4. Retail Digital Delivery Division Head
                                            5. IT Application Services Division Head
                                            6. IT Infrastructure Management Division Head
                                            7. CISO Division Head
                                            8. Data Management & Analytics Division Head
                                            9. Retail Digital Channel Division Head
                                            10.Wholesale Digital Channel Division Head
                                            11.Corporate Development & Transformation Division Head
                                            12.Enterprise Risk Management Division Head
                                            13.Head of Compliance Division Head
                                            14.Human Capital Business Partner
                                            15.Corporate Planning & Performance Management Division
                                               Head
                                            16.Procurement & Fixed Assets Division Head
                                            17.Internal Audit Unit Head
                                            18.Senior Operational Risk Executive Technology, Digital
                                               Operations
     Non Permanent Member                   Division Head/Unit Heads and Directors of Subsidiaries related             Holds no voting rights
     (Non-voting member)                    to the topics discussed
*)
     Specifically, Human Capital & Compliance Director has special duties and responsibilities as regulated in the committee’s work guidelines.


Term and Tenure of the Technology Management Committee
In accordance with the charter established through Director’s Decree No. KP/364/DIR/R dated August 13, 2021,
and updated via Memo CDV No. CDV/2/1209/R dated December 23, 2024, the tenure of KMT membership
follows the term of office in the structural positions at BNI.

Profile of the Chairperson and Members of the Technology Management Committee
Comprehensive information regarding the profiles of KMT members is provided in the Company Profile
chapter, under the sub-chapters: Profile of the Board of Directors, Profile of Senior Executive Vice Presidents
(SEVPs), and Profile of Executive Officers.

Certification of the Technology Management Committee
BNI ensures that all KMT personnel meet the required qualification and competency certification standards
in accordance with applicable regulations.

In 2024, KMT members have participated in certification programs. Detailed information regarding the
certification and training of KMT voting members is outlined in theTraining and/or Competency Development
of Board Members in 2024.




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  Independence Statement of the Technology                                  i. Emergency meetings may be convened
  Management Committee                                                          when critical issues require immediate
  BNI guarantees that all KMT members meet the                                  resolution. Decisions made by the
  required independence criteria and are capable of                             committee shall be executed through the
  carrying out their duties independently, upholding                            Committee Secretary.
  the best interests of the Bank, and remaining free                        ii. Limited meetings may be conducted with
  from any external influence. The KMT independence                             relevant Divisions/Units to formulate
  statement is an integral part of the Board of Directors’                      operational policies aligned with the
  Integrity Pact, which is elaborated in the chapter on                         committee’s established policies.
  the Integrity Pact of the Board of Directors.                          3. If necessary, the committee may invite
                                                                            other Divisions/Units outside the committee
  Meetings of the Technology Management                                     members to attend meetings as subject
  Committee                                                                 matter experts for specific discussions within
                                                                            their area of expertise.
  Meeting Implementation Policy                                       b. Meeting Quorum
  The policies and procedures for conducting KMT                         A meeting quorum is achieved when more than
  meetings at BNI are as follows:                                        half (>50%) of the permanent members (voting
  a. Committee Meetings                                                  members) at the Director and SEVP level are
     1. The committee shall convene meetings at                          present, including the Chairperson and/or Vice
        least four (4) times a year.                                     Chairman of the Committee.
     2. Additional meetings may be held beyond
        the standard schedule under the following
        circumstances:




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Meeting Frequency and Attendance Rate
In 2024, BNI conducted 8 (eight) KMT committee meetings attended by Directors and committee members.
Further details regarding the KMT Committee meetings and the attendance rate of committee members are
provided in the following table:

 No.             Date                                            Meeting Agenda                                     Quorum (%)

1      January 22, 2024           IT Planning 2024: IT Project Portfolio 2024                                          100%
2      February 26, 2024          Update on BNI’s New Data Center                                                      100%
3      March 25, 2024             Standardization & Centralization of the Overseas Branches’ System                    100%
4      April 299, 2024            IT Project Implementation & CAPEX Realization Progress for Q1 2024                    93%
5      August 19, 2024            •   IT Project Implementation & CAPEX Realization Progress for Q2 2024                93%
                                  •   Enterprise Collaboration Platform
                                  •   Core Banking Optimization
6      November 04, 2024          Approval of the IT Strategic Plan (ITSP) 2024 - 2028                                 100%
7      December 02, 2024          •   wondr Incident Report                                                            100%
                                  •   Core Banking Optimization Update
                                  •   IT Project & IT CAPEX for 2024 & 2025
8      December16, 2024           Operational Preparations for the Year-End and New Year Holidays                      100%




Training and/or Competency Enhancement                             Credit Policy Committee (KRB)
for the Technology Management Committee
in 2024                                                            The Credit Policy Committee (KRB) is a standing
In 2024, the Chairperson and members of the                        committee under the Board of Directors with the
Technology      Management       Committee      (KMT)              authority and function of providing recommendations
participated in various training programs,                         regarding the formulation of the Bank’s Credit
seminars, and workshops to maintain their                          Policy. Over time, the committee has undergone
expertise and competencies in support of their daily               restructuring through Board of Directors Decree
responsibilities. Detailed information on this matter              No. KP/170/DIR/R dated April 29, 2024, regarding the
is provided in the Company Profile Chapter, under                  Restructuring of the Credit Policy Committee (KRB).
the subchapter Competency Development Policy,                      This restructuring involved migrating the Business
in the discussion titled Competency Development                    Sub-Committee out of KRB, refining the description
Based on Job Level and Gender Equality in 2024.                    of the Committee’s Duties and Responsibilities, and
Additionally, it is elaborated in the Corporate                    updating the committee’s name to Credit Policy
Governance Chapter, under the subchapter Board                     Committee, which remains in use today.
of Directors, in the discussion titled Training and/or
Competency Enhancement.                                            As a result of the restructuring in 2024, the Credit
                                                                   Policy Committee (KRB) at BNI is now divided into
Implementation of the Technology                                   two sub-committees:
Management Committee’s Duties in                                   A. Credit Policy Sub-Committee (KKP)
2024                                                               B. Credit Procedures Sub-Committee (KPP)
Throughout 2024, BNI’s Technology Management
Committee (KMT) carried out various activities and                 Credit Policy Committee Charter
implemented work programs in accordance with its                   To enhance the effectiveness of the Credit Policy
assigned duties and responsibilities.                              Committee’s duties and responsibilities, BNI has
                                                                   established the Credit Policy Committee Charter,
Technology Management Committee’s Work                             which was formalized through Board of Directors
Plan for 2025                                                      Decree No. KP/170/DIR/R dated April 29, 2024. This
The Technology Management Committee (KMT)                          charter is periodically reviewed and updated in
has outlined its work plan for 2025, prioritizing the              accordance with applicable legal and regulatory
following strategic areas:                                         developments.
1. IT Planning 2025: IT Project Portfolio
2. IT Operation Updates for H1 2025
3. IT Project Implementation and CAPEX Realization
    Progress for H2 2025
4. IT Operation Updates for H2 2025




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  Duties and Responsibilities of the Credit                                     5. Submitting periodic written reports to
  Policy Committee                                                                 the Board of Commissioners regarding
                                                                                   the supervision and evaluation of the
  A. Credit Policy Sub-Committee (KKP)                                             implementation of the Bank’s Credit Policy,
      The Credit Policy Sub-Committee (KKP) is                                     and the results of monitoring and evaluation
      responsible for the following key tasks:                                     regarding the matters referred to in point 4
      1. Establishing the Bank’s Credit Policy (KPB),                              (four) above;
         particularly in relation to prudential credit                          6. Developing         and        recommending
         principles, for submission to the Board of                                improvements for the execution of the Bank’s
         Commissioners for approval.                                               credit activities.
      2. Ensuring the consistent and effective
         implementation of the Bank’s Credit Policy                         B. Credit Procedures Sub-Committee (KPP)
         while reviewing any obstacles or challenges                            The Credit Procedures Sub-Committee (KPP) at
         in its application.                                                    BNI is tasked with the following core functions:
      3. Conducting periodic reviews of the Bank’s                              1. Establishing credit procedures and operational
         Credit Policy at least once every three years                             guidelines.
         and making necessary amendments or                                     2. Defining the Lending Model, which refers
         improvements.                                                             to specific operational policies and credit
      4. Monitoring and evaluating the following                                   procedures tailored for particular market
         aspects:                                                                  segments, industries, or regions while
         a. The overall development and quality of the                             adhering to prudential banking principles and
             credit portfolio.                                                     Good Corporate Governance (GCG).
         b. The proper exercise of credit approval                              3. Formulating procedures and operational
             authority.                                                            guidelines    for    Treasury,    International
         c. The accuracy of credit granting processes,                             Business, and Financial Institutions.
             particularly for related parties and large
             corporate debtors.                                             Structure and Membership of the Credit
         d. Compliance with Legal Lending Limits                            Policy Committee
             (BMPK), Good Corporate Governance                              The Credit Policy Committee (KRB) comprises
             (GCG),       and     Risk     Management                       members from the Board of Directors, along with
             Implementation.                                                executive officers one level below the Board, who
         e. Adherence to regulatory and legal                               are appointed by decree. The membership structure
             provisions in credit operations.                               of KRB is formalized through a Board of Directors
         f. The resolution of non-performing loans in                       Decree, which also determines the roles of the
             line with the Bank’s Credit Policy.                            Chairperson, Vice Chairperson, and Committee
         g. The Bank’s efforts in maintaining an                            Members.
             adequate level of credit loss provisions.
                                                                            As of December 31, 2024, the structure, membership,
                                                                            and voting rights within the Credit Policy Committee
                                                                            are outlined in Board of Directors Decree No.
                                                                            KP/170/DIR/R dated April 29, 2024, regarding the
                                                                            Restructuring of the Credit Policy Committee (KRB):

  A. Credit Policy Sub-Committee (KKP)
       Position in the Committee                                         Filled In by                             Voting Rights Status
   Chairman                                  President Director                                                 Holds voting rights
   Vice Chairman                             Deputy President Director                                          Holds voting rights
   Secretary                                 Policy Governance Division Head (also permanent member)            Holds no voting rights
   Permanent Member at the                   1. Wholesale & International Banking Director                      Holds voting rights
   Director & SEVP level                     2. Retail Banking Director
   (Voting member)                           3. Enterprise & Commercial Banking Director
                                             4. Network & Services Director
                                             5. Risk Management Director
                                             6. Technology & Operations Director
                                             7. SEVP Remedial & Recovery




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      Position in the Committee                                                    Filled In by                                          Voting Rights Status
 Permanent Member at the Board                   Human Capital & Compliance Director*                                                  Holds no voting rights
 of Directors level
 (Non-voting member)
 Permanent Member at the                         1. Enterprise Risk Management Division Head                                           Holds no voting rights
 Division/Unit/Functional Unit                   2. Operational Risk Management Division Head
 level                                           3. Compliance Division Head
 (Non-voting member)                             4. Internal Audit Unit Head
 Non Permanent Member                            Sector Director/SEVP/Division Head/Unit/Functional Unit                               Holds no voting rights
 (Non-voting member                              related to the topic of discussion
*) Specifically, Human Capital & Compliance Director has special duties and responsibilities as regulated in the Committee's Work Guidelines.




B. Credit Procedure Sub-Committee (KPP)
      Position in the Committee                                                    Filled In by                                          Voting Rights Status
 Chairman                                        President Director                                                                    Holds voting rights
 Vice Chairman                                   Human Capital & Compliance Director                                                   Holds voting rights
 Secretary                                       Policy Governance Division Head (also a permanent member)                             Holds no voting rights
 Permanent Member at the                         1. Risk Management Director Director                                                  Holds voting rights
 Director & SEVP level                           2. Sector Director (in accordance with the proposing unit and/
 (Voting member)                                    or according to the discussion topic)
                                                 3. SEVP Operations
 Permanent Member at the Board                   1. Enterprise Risk Management Division Head                                           Holds no voting rights
 of Directors level                              2. Operational Risk Management Division
 (Non-voting member)                             3. Compliance Division Head
                                                 4. Internal Audit Unit Head
                                                 5. Credit Operations Division Head**
                                                 6. Banking Operations Division Head**
                                                 7. Division Head/Unit/Unit related to the meeting material
 Non Permanent Member                            Sector Director/SEVP/Division Head/Unit Head related to the                           Holds no voting rights
 (Non-voting member                              topic of discussion
**) Units that have functions in accordance with the topic of discussion.




Term and Duration of Service for the Credit                                           Independence Statement of the Credit Policy
Policy Committee                                                                      Committee
The tenure of the members of the Credit Policy Sub-                                   The Credit Policy Committee is fully capable
Committee (KKP) is determined in alignment with                                       of performing its duties, responsibilities, and
their respective structural terms at BNI.                                             authority professionally and independently, without
                                                                                      interference from any party that is not in accordance
Profile of the Chairperson and Members of                                             with applicable laws and regulations. All members
the Credit Policy Committee                                                           of the Credit Policy Committee declare that they
Comprehensive information on the profiles of the                                      meet the independence criteria and are capable of
members of the Credit Policy Committee (KKP) is                                       carrying out their responsibilities independently,
detailed in the Company Profile Chapter, under the                                    upholding the best interests of the Bank, and
subchapters Profile of the Board of Directors, Profile                                remaining uninfluenced by any external party.
of the Senior Executive Vice President (SEVP), and                                    The Independence Statement of the Credit Policy
Profile of Executive Officers.                                                        Committee is disclosed in the Integrity Pact, which
                                                                                      is periodically updated and signed by all committee
Certification of the Credit Policy Committee                                          personnel.
BNI ensures that all personnel of the Credit Policy
Committee meet the required qualification standards
and competency certifications in accordance with
prevailing regulations. In 2024, the Credit Policy
Committee participated in a certification program.




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  Meetings of the Credit Policy Committee                                3. If necessary, the sub-committee has the right
                                                                            to invite divisions or units outside the sub-
  Meeting Implementation Policy                                             committee to attend meetings as resource
  The policies and procedures for conducting Credit                         persons to discuss specific issues relevant to
  Policy Committee meetings are as follows:                                 their expertise.
  1. The sub-committees hold meetings at designated                      4. The sub-committee may schedule urgent
     locations, times, and dates to allow all members                       meetings when required to address critical issues
     to arrange their attendance. The meeting                               that need immediate decisions. Decisions made
     frequency is as follows:                                               by the sub-committee are implemented through
     a. The Credit Policy Sub-Committee (KKP) meets                         the Sub-Committee Secretary. Additionally,
         at least once a year or as needed.                                 the sub-committee may hold limited meetings
     b. The Credit Procedures Sub-Committee (KPP)                           with relevant divisions or units to formulate
         meets at least once every three months or as                       operational policies that align with established
         needed.                                                            sub-committee policies.
  2. If the Chairperson and Vice Chairperson are                         5. A quorum is achieved if more than half of the
     unable to attend, a Substitute Chairperson may                         permanent members at the Board of Directors and
     be appointed through a Replacement Director                            SEVP level are present, including the presence of
     mechanism or by issuing an assignment letter.                          the Chairperson and/or Vice Chairperson of the
                                                                            sub-committee.

  Meeting Frequency and Attendance

  A. Credit Policy Sub-Committee (KKP)
     In 2024, BNI held one meeting of the Credit Policy Sub-Committee (KKP), attended by the Board of
     Directors and committee members. More detailed information regarding the implementation of the KKP
     Sub-Committee Meeting and the attendance level of committee members is presented in the following
     table:
    No            Date                                       Meeting Agenda                                    Attendance Quorum
       1     June 14, 2024                      Bank Credit Policy Review (KPB) - 2024                                 100%



  B. Credit Procedure Sub-Committee (KPP)
     In 2024, BNI held 14 KPP Sub-Committee meetings attended by the Board of Directors and committee
     members. More detailed information on the implementation of KPP Sub-Committee Meetings and the
     level of attendance of committee members in these meetings is described in the following table:
                                                                                                                           Attendance
    No.            Date                                               Meeting Agenda                                        Quorum
                                                                                                                               (%)
   1       January 2, 2024         Review of Investment Credit Facility Provisions for Plantation Core Partnership            100%
                                   Scheme Plasma
   2       February 2, 2024        Review of Credit Granting Period & Credit Restructuring Period                             100%
   3       February 7, 2024        Temporary Individual Decision-Making Authority for Business Banking                        100%
                                   Credit Decision Officials and Remedial & Recovery in Corporate, Enterprise,
                                   Commercial, Retail Productive and Consumer Segments
   4       February 21, 2024       Review of Collateral CEF in the Form of Counter Guarantee from Credit                      100%
                                   Insurance Companies/Credit Guarantees or Similar Products and Review of CEV
                                   Controlled Fulfillment in Calculation of Collateral Adequacy Requirements for
                                   Working Capital Credit (KMK) or Other Working Capital
   5       March 22, 2024          Credit Procedure Committee (KPP) Regarding Review of Facility Grant                        100%
                                   Procedures through the Supply Chain Financing (SCF) Scheme
   6       May 26, 2024            Credit Procedure Committee (KPP) Bond Collateral Credit (BCC) Facility                     100%
                                   Provisions
   7       June 19, 2024           Review of Foreign Exchange Transaction Provisions with Customers                           100%
   8       May 8, 2024             Review of Counterparty Limit Facility Provisions for Financial Institutions (Banks)        100%
   9       August 21, 2024         Use of Dollar Value 01 (DV01) as the Basis for Calculating Open Position Limit             100%
                                   for Fair Value Through Profit and Loss (FVTPL) Securities Transactions Review of
                                   Transaction Authority




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                                                                                                                    Attendance
 No.           Date                                              Meeting Agenda                                      Quorum
                                                                                                                        (%)
10     August 27, 2024        Committee Credit Procedure (KPP) Provisions for Calculation of Non-IMB/PBG                100%
                              Buildings as Collateral and Binding of Collateral for Inventory and Receivables
                              outside Notarial Fiduciary in the Retail Productive Segment
11     September 23, 2024     Review and Preparation of Depo+ (DepoPlus) and Digital Options Transaction                100%
                              Provisions
12     November 6, 2024       Review of CMOB PP regarding Write-off of Non-Principal Interest and Costs                 100%
                              (BDO)
13     November 8, 2024       Authority to Decide on Credit Restructuring in the Remedial & Recovery Unit of            100%
                              the Retail Productive Segment
14     November 20, 2024      Credit Procedure Committee (KPP) regarding Review of Non-Bank Financial                   100%
                              Institution (NBFI) Company Guidelines


Training and Competency Enhancement of                                 6. House Limit
the Credit Policy Committee in 2024                                    7. Clean Basis and Negative Pledge
In 2024, the Chairperson and members of the Credit                     8. Exceptions to Credit Policy.
Policy Committee participated in various training
programs, seminars, and workshops to maintain                       B. Credit Procedures Sub-Committee (KPP)
their expertise and competencies in supporting their                   The Credit Procedures Sub-Committee (KPP)
daily responsibilities. Detailed information on this                   has set its work plan for 2025, which includes a
matter is outlined in the Company Profile Chapter,                     review of credit procedures.
under the subchapter on Competency Development
Policy, in the discussion titled Competency
Development Based on Job Level and Gender
Equality in 2024. Additionally, relevant details are
                                                                    Human Capital Committee
included in the Corporate Governance Chapter,                       (KHC)
under the subchapter on the Board of Directors,
in the discussion titled Training and Competency                    The Human Capital Committee (KHC) is one of BNI’s
Enhancement.                                                        permanent committees, authorized to formulate
                                                                    human capital management strategies aligned with
Implementation of the Credit Policy                                 BNI’s vision, mission, and strategy to develop high-
Committee’s Duties in 2024                                          performing and competent human resources.

A. Credit Policy Sub-Committee (KKP)                                The Human Capital Committee consists of two sub-
     In 2024, the Credit Policy Sub-Committee (KKP)                 committees:
     carried out its duties and responsibilities in                 A. Human Capital Strategy & Policy Sub-Committee
     accordance with its functions, while taking into                  (HSP)
     account market conditions and the principles of                B. Executive Talent Sub-Committee (ETC)
     prudence.
                                                                    Human Capital Committee Charter
B. Credit Procedures Sub-Committee (KPP)                            The Human Capital Committee (KHC) operates
     Throughout 2024, the Credit Procedures Sub-                    under a charter that defines its membership,
     Committee (KPP) executed its responsibilities                  structure,   authority,  duties,  responsibilities,
     and implemented its work programs in line with                 meetings, activities, and governance procedures.
     its designated duties.                                         The KHC Charter was established by the Board of
                                                                    Directors through Decree No. KP/351/DIR/R dated
Work Plan of the Credit Policy Committee for                        August 15, 2024, and is periodically reviewed to
2025                                                                ensure alignment with prevailing regulations and
                                                                    the Bank’s needs.
A. Credit Policy Sub-Committee (KKP)
     The Credit Policy Sub-Committee (KKP) has                      Duties and Responsibilities of the Human
     prepared its work plan for 2025, which includes                Capital Committee
     the following key focus areas
     1. Collateral Adequacy Ratio and Self-Financing                A. Human Capital Strategy & Policy Sub-
     2. Credit Tenure                                                  Committee (HSP)
     3. Consultation with the Board of Commissioners                   The Human Capital Strategy & Policy Sub-
     4. Non-Principal Write-Offs                                       Committee is responsible for setting the strategic
     5. Installment-Based Loan Repayment                               direction for human capital management in
                                                                       alignment with BNI’s overall strategy.

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  B. Executive Talent Sub-Committee (ETC)                                of Directors, who are appointed to the committee.
      The Executive Talent Sub-Committee (ETC) is                        The membership structure of KHC is determined
      responsible for managing the talent cycle for                      through a Board of Directors’ Decree, which also
      Division Heads, Regional Manager, Overseas                         establishes the appointment of the Chairperson,
      Offices General Manager, and equivalent                            Vice Chairperson, and committee members.
      positions. This includes the appointment of
      management teams within subsidiaries, in                           Based on the Board of Directors’ Decree No.
      accordance with applicable governance and                          KP/351/DIR/R dated August 15, 2024, regarding
      authority structures.                                              the Structuring of the Human Capital Committee
                                                                         (KHC), the composition, membership, and voting
  Structure and Membership of the Human                                  rights status of the Human Capital Committee as of
  Capital Committee                                                      December 31, 2024, are as follows:
  The Human Capital Committee (KHC) comprises
  members of the Board of Directors, along with
  one level of Executive Officers below the Board

  A. Human Capital Strategy & Policy Sub-Committee (HSP)
   Position in the Committee                                   Filled In by                                  Voting Rights Status
   Chairman                       President Director                                                    Holds voting rights
   Secretary                      Human Capital Strategy Division Head (concurrently permanent          Holds no voting rights
                                  member)
   Permanent Member at            1. Deputy President Director                                          Holds voting rights
   the Board of Directors         2. Human Capital & Compliance Director
   level (voting member)          3. Finance Director
   Anggota tetap                  1. SEVP Human Capital                                                 Holds no voting rights
   (non-voting member)            2. Human Capital Services Division Head
                                  3. BNI University Head
                                  4. Human Capital Business Partner Head
   Non Permanent Member           Director/SEVP/Division Head/Unit/Functional Unit related to the       Holds no voting rights
   (non-voting member)            topic of discussion


  B. Executive Talent Sub-Committee (ETC)
         Position in the
                                                               Filled In by                                  Voting Rights Status
          Committee
   Chairman                       President Director                                                    Holds voting rights
   Secretary                      Human Capital Strategy Division Head (concurrently a permanent        Holds no voting rights
                                  member)
   Permanent Member at            1. Deputy President Director                                          Holds voting rights
   the Board of Directors         2. All Members of the Board of Directors
   level (voting member)
   Permanent Member               Human Capital Business Partner Head (as proposer)                     Holds no voting rights
   at the Division/Unit/
   Functional Unit level
   (Non-voting member)
   Non Permanent Member           SEVP related to the discussion topic                                  Holds no voting rights
   (non-voting member)


  Term and Tenure of the Human Capital Committee
  The tenure of the Human Capital Committee members follows the respective structural tenure periods
  within BNI.

  Profile of the Chairperson and Members of the Human Capital Committee
  Comprehensive information on the profiles of the Human Capital Committee (HC) members is detailed
  in the Company Profile Chapter, under the subchapters Board of Directors Profile, Senior Executive Vice
  President (SEVP) Profile, and Executive Officers Profile.




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Certification of the Human Capital                                  2. If the Chairperson is unable to attend, a Substitute
Committee                                                              Chairperson may be appointed through a
BNI ensures that all personnel within the Human                        Replacement Director mechanism or via an
Capital Committee (HC) meet the required                               official assignment letter.
qualification    standards       and      competency                3. The Committee may schedule ad hoc meetings
certifications in accordance with applicable                           if urgent issues require immediate resolution.
regulations. In 2024, the Human Capital Committee                      It may also hold limited meetings with relevant
successfully participated in certification programs.                   Divisions/Departments/Functional         Units    to
                                                                       formulate operational policies in alignment with
Independence Statement of the Human                                    the established committee policies.
Capital Committee                                                   4. If deemed necessary, the Committee has the right
The Human Capital Committee (HC) at BNI carries                        to invite other Divisions/Departments/Functional
out its duties, responsibilities, and authority                        Units outside the committee membership
professionally and independently, free from any                        to attend meetings as resource persons for
undue influence that contradicts prevailing laws                       discussions on specific issues within their areas
and regulations. The committee’s independence                          of expertise.
statement is formally documented in an *Integrity                   5. A quorum is met when more than half of the
Pact*, which is periodically reviewed and signed by                    permanent members at the Board of Directors
all committee personnel.                                               level are present, including the presence of the
                                                                       Committee Chairperson.
Meetings of the Human Capital Committee
                                                                    Frequency and Attendance Rate
Meeting Policy
The policies and procedures for holding Human                       A. Human Capital Strategy & Policy Sub-
Capital Committee meetings at BNI are as follows:                      Committee (HSP)
1. The Human Capital Committee (KHC) must                              In 2024, BNI held two meetings of the Human
   convene at least twice a year or as needed at a                     Capital Strategy & Policy Sub-Committee (HSP),
   predetermined location, date, and time to ensure                    attended by the Board of Directors and committee
   all members can schedule their attendance.                          members. Detailed information on the Human
                                                                       Capital Committee meetings and the attendance
                                                                       rate of its members is presented in the following
                                                                       table:

                                                                                                                    Attendance
 No.           Date                                              Meeting Agenda                                      Quorum
                                                                                                                        (%)
  1    February 26, 2024      Determination of Employee Performance Assessment, Employee Classification                 100%
                              and Annual Bonus
  2    October 14, 2024       Kickoff Human Capital Roadmap BNI                                                           96%


B. Executive Talent Sub-Committee (ETC)
   In 2024, BNI held 12 meetings of the Executive Talent Sub-Committee (ETC), attended by the Board of
   Directors and committee members. Detailed information on the Human Capital Committee meetings and
   the attendance rate of its members is presented in the following table:

                                                                                                                    Attendance
 No.           Date                                              Meeting Agenda                                      Quorum
                                                                                                                        (%)
  1    January 29, 2024       Promotion/Rotation Mutation of employees Division Head/Regional Manager/                  100%
                              Overseas Office General Manager/equivalent, including the determination of
                              management in Subsidiary Companies
  2    February 19, 2024      Promotion/Rotation Mutation of employees Division Head/Regional Manager/                  100%
                              Overseas Office General Manager/equivalent, including the determination of
                              management in Subsidiary Companies
  3    February 22, 2024      Determination of Nominated Talent BUMN Financial Services Cluster                         100%




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                                                                                                                            Attendance
    No.            Date                                                Meeting Agenda                                        Quorum
                                                                                                                                (%)
     4    March 5, 2024            Promotion/Rotation Mutation of employees Division Head/Regional Manager/                     100%
                                   Overseas Office General Manager/equivalent, including the determination of
                                   management in Subsidiaries
     5    April 1, 2024            Promotion/Rotation Mutation of employees Division Head/Regional Manager/                     100%
                                   Overseas Office General Manager/equivalent, including the determination of
                                   management in Subsidiaries
     6    May 20, 2024             Promotion/Rotation Mutation of employees Division Head/Regional Manager/                     100%
                                   Overseas Office General Manager/equivalent, including the determination of
                                   management in Subsidiaries
     7    May 28, 2024             Promotion/Rotation Mutation Division Head/Regional Manager/Overseas Office                    95%
                                   General Manager/equivalent employees, including management appointments
                                   at Subsidiaries
     8    June 10, 2024            Promotion/Rotation Mutation Division Head/Regional Manager/Overseas Office                    86%
                                   General Manager/equivalent employees, including management appointments
                                   at Subsidiaries
     9    July 15, 2024            Evaluation of Acting Officers (PJ) & Grade Evaluation of Division Head/Regional               91%
                                   Manager/Overseas Office General Manager/equivalent employees
    10    September 24, 2024       Promotion/Rotation Transfer of Division Head/Regional Manager/Overseas Office                 92%
                                   General Manager/equivalent employees, including management appointments
                                   at Subsidiary Companies
    11    October21, 2024          Promotion/Rotation Transfer of Division Head/Regional Manager/Overseas Office                 91%
                                   General Manager/equivalent employees, including management appointments
                                   at Subsidiary Companies
    12    December 2, 2024         •   Promotion/Rotation Transfer of Division Head/Regional Manager/Overseas                    95%
                                       Office General Manager/equivalent employees, including management
                                       appointments at Subsidiary Companies
                                   •   Evaluation of Acting Officers (PJ) & Grade Evaluation of Division Head/
                                       Manager



  Training and/or Competency Development                                  3. Conducting performance evaluations for Acting
  of the Human Capital Committee in 2024                                     Officials (PJ) and Grade Evaluations for Division
  In 2024, the Chair and members of the Human                                Heads, Regional Heads, Overseas Branch
  Capital Committee (KHC) participated in various                            Heads, or equivalent positions, including the
  training sessions, seminars, and workshops to                              appointment of management in subsidiaries
  maintain their expertise and competencies in                               under the applicable governance framework.
  support of their daily responsibilities. Detailed                       4. Designating Nominated Talent for State-Owned
  information regarding these activities is outlined                         Enterprises (SOEs) Financial Services Cluster.
  in Chapter: Company Profile, under the sub-section                      5. Launching the Human Capital Roadmap 2025–
  Competency Development Policy, in the discussion                           2029.
  titled Competency Development Based on Job Level
  and Gender Equality in 2024, as well as in Chapter:                     Human Capital Committee Work Plan for
  Corporate Governance, under the sub-section Board                       2025
  of Directors, in the discussion titled Training and/or                  The Human Capital Committee (KHC) has formulated
  Competency Development.                                                 its 2025 work plan, aligned with BNI’s Human Capital
                                                                          Roadmap, which includes:
  Implementation of Human Capital                                         1. Establishing Employee Performance Assessment,
  Committee Duties in 2024                                                    Employee Classification, and Annual Bonus
  Throughout 2024, the Human Capital Committee                                policies.
  (KHC) has carried out its responsibilities, including:                  2. Managing the promotion, rotation, and transfer
  1. Establishing Employee Performance Assessment,                            of Division Heads, Regional Heads, Overseas
     Employee Classification, and Annual Bonus                                Branch Heads, or equivalent positions, including
     policies.                                                                the appointment of management in subsidiaries,
  2. Managing the promotion, rotation, and transfer                           in accordance with applicable governance and
     of Division Heads, Regional Manager, Overseas                            authority.
     Office General Manager, or equivalent positions,                     3. Designating Nominated Talent for SOEs.
     including the appointment of management
     in subsidiaries, in accordance with applicable
     governance and authority.


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Subsidiaries Committee (KPA)                                                  Duties and Responsibilities of the
                                                                              Subsidiaries Committee
As one of BNI’s permanent committees, the                                     The duties and responsibilities of the Subsidiaries
Subsidiaries Committee (KPA) holds the authority to                           Committee include:
establish and oversee policies and corporate actions                          1. Defining strategies and targets for subsidiaries.
related to BNI’s subsidiaries. Its primary objective                          2. Establishing business initiatives for BNI’s capital
is to develop subsidiaries that are competitive and                              participation in subsidiaries.
sustainable. The KPA plays a crucial role in ensuring                         3. Approving Corporate Actions and capital
that subsidiaries grow in alignment with BNI’s                                   participation within BNI Incorporated.
vision by monitoring their performance, enforcing                             4. Evaluating financial performance of subsidiaries.
good corporate governance, and fostering synergy                              5. Setting remuneration policies for subsidiary
between the parent company and its subsidiaries to                               management.
enhance competitiveness and long-term growth.                                 6. Approving Subsidiaries’ Annual Budget and
                                                                                 Business Plan (RKAP).
Subsidiaries Committee Charter                                                7. Determining the execution and agenda of
In fulfilling its functions and responsibilities, all                            General Meetings of Shareholders (GMS) for
members of the Subsidiaries Committee adhere to                                  subsidiaries.
the Subsidiaries Committee Charter, which serves                              8. Appointing Proxies to represent BNI as a
as a working guideline. This charter clearly defines                             Shareholder in subsidiaries.
the structure, authority, duties and responsibilities,
meeting procedures, activities, and operational                               Structure and Membership of the
framework of the Subsidiaries Committee. The                                  Subsidiaries Committee
Subsidiaries Committee Charter was established by                             The Subsidiaries Committee consists of members
the Board of Directors through Decree No. KP/067/                             from the Board of Directors, along with designated
DIR/R dated March 7, 2022, and is periodically                                executive officers at one level below the Board of
reviewed to ensure its alignment with applicable                              Directors. The committee’s membership structure
regulations and the Bank’s evolving needs. The                                is determined by a Board of Directors Decree,
currently valid Subsidiaries Committee Charter                                which also serves as the official appointment of
remains relevant to current conditions.                                       the Chairperson, Vice Chairperson, and Committee
                                                                              Members.


Based on Board of Directors Decree No. KP/067/DIR/R dated March 7, 2022, concerning the structuring of the
Subsidiaries Committee (KPA), and the subsequent revision of the committee’s membership as outlined in
Memo CDV No. CDV/2/786/R dated August 15, 2024, regarding the Updated Membership Structure of the
Subsidiaries Committee (KPA), the structure, membership, and voting rights of the Subsidiaries Committee,
as of December 31, 2024, are as follows:

        Position in the Committee                                          Filled In by                                   Voting Rights Status
     Chairman                                President Director                                                         Holds voting rights
     Vice Chairman                           Deputy President Director                                                  Holds voting rights
     Secretary                               Subsidiaries Management Division Head                                      Holds no voting rights
     Permanent Member at the                 1. Finance Director                                                        Holds voting rights
     Director & SEVP level                   2. Risk Management Director
     (Voting member)                         3. Director of Subsidiary Company Development related to the
                                                material to be discussed
     Permanent Member at the Board           Human Capital & Compliance Director*                                       Holds no voting rights
     of Directors level
     (Non-voting member)
     Non Permanent Member at the             Board of Directors & SEVP related to the material present as               Holds no voting rights
     Board of Directors level                invitees
     (Non-voting member)
*)
     Specifically, Human Capital & Compliance Director has specific duties and responsibilities that are regulated in the committee’s work guidelines.




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  Period and Term of Office of Subsidiary                             Subsidiary Committee Meeting
  Committee
  The term of office of the KPA Committee membership                  Meeting Implementation Policy
  is determined following each structural term of                     The policy and procedures for implementing BNI
  office at BNI.                                                      Subsidiary Committee meetings are as follows:
                                                                      1. The Committee holds meetings at least 4 (four)
  Profile of the Chairman and Members of the                             times in 1 (one) year or according to needs
  Subsidiary Committee                                                   at a certain place, time and date that has been
  Information on the profile of the members of the                       determined so that all members can arrange
  Subsidiary Committee has been described in full in                     their attendance time.
  the Company Profile Chapter, Sub-chapter Profile                    2. The Committee can schedule a sudden meeting
  of the Board of Directors, Sub-chapter Profile of the                  considering the importance of the problem that
  Senior Executive Vice President (SEVP) and Sub-                        must be decided immediately. The decision of
  chapter Executive Officers.                                            the Committee is then implemented through the
                                                                         Committee Secretary. In addition, the Committee
  Subsidiary Committee Certification                                     can hold a limited meeting with the relevant
  BNI ensures that all personnel of the Subsidiary                       Division/Unit and formulate operational policies
  Committee have met the qualification standards                         that are in line with the established Committee
  and competency certification in accordance with                        policy.
  applicable provisions. In 2024, the Subsidiary                      3. If necessary, the Committee has the right to
  Committee has participated in the certification                        invite Divisions/Units/Functional Units outside
  program.                                                               the Committee members to attend the meeting
                                                                         according to their competence.
  Subsidiary Committee Independence                                   4. The quorum for the committee meeting is
  Statement                                                              achieved if it is attended by at least more than
  BNI ensures that all members of the Subsidiary                         1/2 (half) of the permanent members at the Board
  Committee always carry out their duties and                            of Directors level in which the Chairperson and/
  responsibilities objectively and independently. The                    or Deputy Chairperson of the Committee are
  Subsidiary Committee Independence Statement                            present.
  has been disclosed in the Integrity Pact which is
  periodically updated and signed by all committee
  personnel.


  Frequency and Attendance Level
  In 2024, BNI held 3 (three) meetings of the Subsidiary Committee attended by the Board of Directors and
  committee members. More detailed information on the implementation of the KPA Committee Meeting and
  the level of attendance of committee members in the meeting is described in the following table:

                                                                      Attendance Quorum
    No.              Date                    Meeting Agenda                                                     Notes
                                                                             (%)
     1    June 10, 2024                Proposed Agenda for PA                 100                Approval of the Proposed Agenda for
                                       AGMS for Fiscal Year 2023                                 the AGMS of Subsidiary Company
                                                                                                 for the Financial Year 2023.
     2    June 10, 2024                Proposal for Approval of               100                Approval of changes in the term of
                                       Changes in the Term of                                    office of the management of BNI
                                       Office of the Management of                               subsidiaries and ownership through
                                       Subsidiary Companies                                      subsidiary companies
     3    June 10, 2024                2023 Judiciary Proposal                100                Consultation for the judiciary of the
                                       and 2023 Tantiem & 2024                                   subsidiaries for the achievement of
                                       Remuneration of Subsidiary                                the year 2023.
                                       Companies
     4    August 12, 2024              Performance Review of                  100                Performance review of the
                                       Subsidiary Companies 1H-                                  subsidiaries› performance in 2024.
                                       2024
     5    November 18, 2024            Subsidiary Companies                   100                Consultation for the preparation of
                                       Business Plan Proposal 2025                               the Subsidiary Company Business
                                                                                                 Plan 2025.
     6    November 18, 2024            Approval of Recovery Plan &            100                Approval of hibank’s recovery plan
                                       Consultation on Resolution                                and resolution plan consultation.
                                       Plan hibank 2025


                                                                                                          2024 Annual Report
                                                                                        PT Bank Negara Indonesia (Persero) Tbk
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Page 297
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Training and/or Competency Improvement                          Implementation of Duties of the Committee
of FTC Committee in 2024                                        on Subsidiary Companies in 2024
In 2024, the chairman and members of the FTC                    Throughout 2024, the Committee on Subsidiary
Committee have participated in a number of training             Companies has carried out its duties in accordance
activities/seminars/workshops in order to maintain              with its established responsibilities.
their level of expertise and competence to support
the implementation of their daily duties. Information           Work Plan of the Committee on Subsidiary
related to this matter has been described in the                Companies in 2025
Company Profile Chapter, Competency Development                 The Subsidiary Companies Committee has
Policy Subchapter in the discussion entitled                    established a work plan for 2025 as follows:
Competency Development Based on Position Level                  1. Proposed Agenda of Annual General Meeting of
and Gender Equality in 2024, as well as in the                     Shareholders (AGMS) of Subsidiary Companies
Corporate Governance Chapter, Board of Directors                   for Financial Year 2024
Subchapter, in the discussion entitled Training and/            2. Judiciary of Subsidiary Companies for the
or Competency Improvement.                                         achievement of 2024
                                                                3. Performance Review of Subsidiary Companies
                                                                4. Consultation on Business Plan of Subsidiary
                                                                   Company for 2026
                                                                5. Strategic plan for the development of Subsidiary
                                                                   Companies




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  Supporting Organ
  of the Board of Directors

  The Board of Directors has supporting organs that                   Legal Basis
  assist it with its executive and management duties                  The regulations and legislation that serve as the
  and responsibilities of the Bank, including the                     basis for the establishment, appointment, and
  Corporate Secretary, Investor Relations, Internal                   implementation of the Corporate Secretary at BNI
  Audit Unit, Compliance Division and Enterprise Risk                 are as follows:
  Management Division.                                                1. Law No. 19 of 2003 concerning State-Owned
                                                                         Enterprises as stipulated in Law No. 6 of
  Corporate Secretary [ACGS D.3.7]                                       2023 concerning Stipulation of Government
                                                                         Regulations in Lieu of Law No. 2 of 2022
                                                                         concerning Job Creation becomes law;
  BNI has a corporate secretary whose duties include                  2. Minister of State-Owned Enterprises Regulation
  performing the Bank’s secretarial functions,                           No. PER-2/MBU/03/2023 dated March 3, 2023,
  maintaining the Bank’s image, and protecting its                       regarding Guidelines for Governance and
  interests by building effective communication and                      Significant Corporate Activities of State-Owned
  establishing good relationships with stakeholders.                     Enterprises;
  The Corporate Secretary also acts as a liaison officer              3. Financial Services Authority Regulation No. 35/
  between the Bank and external parties such as                          POJK.04/2014 regarding the Corporate Secretary
  capital market regulators, shareholders, the media,                    of Issuers or Public Companies (“POJK 35/2014”);
  and other stakeholders. In carrying out its roles and               4. BNI’s Articles of Association.
  functions, the Corporate Secretary must ensure the
  Bank’s compliance with developments in capital                      Organizational Structure of The Corporate
  market r, banking, and other relevant regulations                   Secretary
  related to the Bank’s business activities. Additionally,            According to the Decree of the Board of Directors
  the Corporate Secretary is responsible for providing                No. KP/136/DIR/R dated April 12, 2023, and the Memo
  important and up-to-date information that the Board                 of the Corporate Development & Transformation
  of Directors and the Board of Commissioners may                     Division No. CDV/2/364/R dated April 27, 2023, the
  need from time to time as a basis for decision-                     organizational structure, functions, and roles of the
  making. [ACGS D.3.7]                                                Corporate Secretary at BNI are currently carried out
                                                                      by the Head of the Corporate Secretary Division,
  BNI ensures that the Corporate Secretary has the                    overseeing the following departments: Corporate
  qualifications and competencies to carry out their                  Communication Department, Corporate Media
  duties and responsibilities, as well as a commitment                Intelligence & Analytics Department, Corporate
  to continuous learning and improvement to enhance                   Event & Sponsorship Department, Corporate Social
  their expertise. The Corporate Secretary is trained in              Responsibility Department, Corporate Stakeholder
  legal, accounting, or corporate secretarial practices               Management Department, Capital Market Assurance
  and stays abreast with relevant developments.                       & Board Governance Department, and the Office of
  [ACGS D.3.8]                                                        the Board Department.




                                                                                                         2024 Annual Report
                                                                                       PT Bank Negara Indonesia (Persero) Tbk
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Position of Corporate Secretary in BNI Organizational Structure



                                                           Corporate Secretary Division




                        Corporate Media                                                    Corporate        Capital Market
       Corporate                              Corporate Event     Corporate Social
                          Intelligence                                                    Stakeholder        Assurance &          Office of the
     Communication                            & Sponsorship        Responsibility
                          & Analytics                                                     Management       Board Governance     Board Department
      Department                                Department          Department
                          Department                                                      Department         Department


                            Corporate
                                                                                                             Capital Market
         Corporate            Media          Corporate Event &    Corporate Social        Stakeholder
                                                                                                           Assurance & Board    Office of the Board
       Communication      Intelligence &       Sponsorship         Responsibility         Management
                                                                                                              Governance
                            Analytics




                                                                                                                                 General Affairs




As outlined in the Bank’s Articles of Association, the                      5. To provide information needed by shareholders
Corporate Secretary of BNI reports to the President                             and stakeholders related to the condition of BNI.
Director. Their appointment and dismissal procedure                         6. To attend Board of Directors meetings, Board of
is based on a decision by the Board of Directors                                Commissioners meetings, joint meetings of the
with the knowledge and approval of the Board of                                 Board of Directors and Board of Commissioners,
Commissioners. Their role is vital in supporting the                            and to prepare meeting minutes.
execution of the duties and responsibilities of the                         7. To manage the Shareholders Register and
Board of Directors and the Board of Commissioners.                              Special Shareholders Register.
[ACGS D.3.7]                                                                8. To be responsible for organizing the GMS.
                                                                                To prepare necessary materials related to
Duties and Responsibilities of the Corporate                                    the reports/routine activities of the Board of
Secretary [ACGS D.3.7]                                                          Directors to be presented to external parties and
In accordance with the provisions of POJK 35/2014,                              to prepare materials for matters requiring the
the Corporate Secretary of BNI bears the following                              Board of Directors’ decisions concerning BNI’s
duties and responsibilities:                                                    management;
1. To monitor developments in the Capital Market,                           9. To organize meetings within the Board of
   particularly the applicable laws and regulations                             Directors, both routine and non-routine.
   in the Capital Market sector;                                            10. To conduct activities related to shareholders and
2. To advise the Board of Directors and the Board of                            stakeholders through analyst meetings, public
   Commissioners on compliance with applicable                                  expos, conference calls, non-deal roadshows,
   laws and regulations in the Capital Market;                                  and meetings with shareholders.
3. To assist the Board of Directors and the Board
   of Commissioners in implementing corporate                               In line with POJK 35/2014 and to achieve the
   governance, including:                                                   vision and mission of the Corporate Secretary,
   a. Transparency of information to the public,                            which aligns with BNI’s vision and mission, the
       including the availability of information on                         Corporate Secretary body of BNI has functions
       the BNI website;                                                     and duties outlined in the Company’s Guidelines
   b. Timely submission of reports to the Financial                         for the Corporate Secretary Division, including the
       Services Authority (OJK);                                            following:
   c. Organizing and documenting the General
       Meeting of Shareholders (GMS);                                       1. Capital Market Assurance and Board Governance
   d. Organizing and documenting meetings of                                   Function
       the Board of Directors and/or the Board of                              To carry out activities related to the Corporate
       Commissioners;                                                          Secretary’s role concerning applicable regulations
   e. Implementing the company’s orientation                                   in the capital market, corporate law for BNI, and
       program for the Board of Directors and/or the                           contract law within the scope of the Corporate
       Board of Commissioners.                                                 Secretary Division. The Corporate Secretary also
4. To act as a liaison between BNI and its                                     monitors the implementation of BNI’s Good
   shareholders, the Financial Services Authority,                             Corporate Governance (GCG) practices (GMS,
   and other stakeholders.                                                     Board of Directors, and Board of Commissioners)


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      to ensure compliance with regulations and best                        5. Corporate Social Responsibility Function
      practices.                                                               To develop strategies for optimizing the
                                                                               implementation, monitoring, evaluation, and
  2. Corporate Communication Function                                          realization of the Social and Environmental
     To carry out internal and external communication                          Responsibility Program (TJSL) and community
     activities, research and development of internal                          development.
     communication tools, publication of internal
     media, communication media for the Board of                            6. Corporate Stakeholder Management Function
     Directors, internal communication media in print                          To carry out activities related to institutions and
     and electronic forms (BNI website and internal                            collaborate with relevant agencies to enhance
     communication portal), and manage media                                   BNI’s Corporate Image. The Corporate Secretary
     relations.                                                                also manages activities related to the media,
                                                                               establishing cooperation with mass media and
  3. Corporate Media Intelligence and Analytics                                institutions to improve BNI’s Corporate Image.
     Function
     To carry out corporate media intelligence and                          7. Office of the Board Function
     analytics activities and manage systems and                               To carry out activities related to the smooth
     tools related to follow-up on negative media                              execution of the duties of the Board of
     coverage of BNI Group.                                                    Commissioners in ensuring the implementation
                                                                               of GCG, supporting the needs of the Board of
  4. Corporate Event and Sponsorship Function                                  Directors, and managing secretarial activities,
     To manage BNI’s sponsorship activities                                    protocol, housekeeping, and general affairs
     comprehensively, including corporate identity,                            activities.
     BNI branding, as well as promotional activities,
     and corporate events.


  Corporate Secretary Profile



                                                                      Okki Rushartomo
                                                                      Corporate Secretary

                                                                      Age
                                                                      44 years old as of December 31, 2024
                                                                      Nationality
                                                                      Indonesian citizen
                                                                      Domicile
                                                                      Jakarta, Indonesia
                                                                      Education
                                                                      Bachelor degree in Industrial Engineering from Institut Teknologi Bandung
                                                                      (2002)



    Legal Basis for Appointment                                             Other Companies
    Appointed as Corporate Secretary based on the Decree of the             • Assistant Vice President at PT Bank HSBC Indonesia (2010-
    Board of Directors No. KP/367/DIR/R dated September 14, 2022,             2012)
    and reconfirmed based on the Decree of the Board of Directors
    No. KP/208/DIR/R dated May 31, 2023.                                    Concurrent Positions
                                                                            Does not hold concurrent positions either internally or
    Term of Office                                                          externally at BNI.
    September 19, 2022 – Present
                                                                            Affiliated Relationships
    Professional Certification and/or Training [ACGS D.3.8]                 Does not have any affiliated relationships with members of
    Risk Management Competency Level 6 by the Banking                       the Board of Directors, Board of Commissioners, or Major/
    Professional Certification Institute (2024)                             Controlling Shareholders.

    Work Experience [ACGS D.3.8]
    BNI
    • Assistant Vice President in the Card Business Division at
      PT Bank Negara Indonesia (Persero) Tbk (2012-2015)
    • Vice President of the Card Business Division at PT Bank Negara
      Indonesia (Persero) Tbk (2015-2018)
    • Head of the Card Business Division at PT Bank Negara
      Indonesia (Persero) Tbk (2018-2020)
    • Head of the Marketing Communications Division at PT Bank
      Negara Indonesia (Persero) Tbk (2020-2022)


                                                                                                                   2024 Annual Report
                                                                                                 PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                            901
Page 301
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Tenure of the Corporate Secretary
Mr. Okki Rushartomo effectively assumed the position of Corporate Secretary of BNI based on the Board of
Directors Decree No. KP/367/DIR/R dated September 14, 2022, and was reappointed through the Board of
Directors Decree No. KP/208/DIR/R dated May 31, 2023. He resides in Jakarta, Indonesia, and continues to
serve as the Corporate Secretary of BNI to this day.

Process for Appointment and Dismissal of Corporate Secretary



                  01                                                         03
         Submission of proposals                                    Appointment and
         for the Appointment                                        Dismissal by Decree of the
         and Dismissal of the                                       Board of Directors
         Corporate Secretary/Head
         of Corporate Secretary
                                      Decision of the Board
         Division & decided at
                                      of Directors Meeting
         the Board of Directors
                                      (Executive Talent                                             Submitting a Report
         Meeting (Executive Talent
                                      Committee) is proposed to                                     on the Appointment/
         Committee)
                                      be decided by the Board of                                    Dismissal of the Corporate
                                      Commissioners                                                 Secretary to OJK




                                                 02                                                           04

On September 19, 2022, BNI submitted a report on the appointment of Okki Rushartomo as the Corporate
Secretary to the OJK (Financial Services Authority), the Indonesia Stock Exchange, and the Ministry of State-
Owned Enterprises.

Training and/or Competency Development for the Corporate Secretary in 2024 [ACGS D.3.8]
In order to enhance knowledge and competency development to support the execution of his duties, the
Corporate Secretary participated in several training programs, seminars, and workshops, both online and
offline, throughout 2024, including the following:
        Title of Training/Workshop/                  Date of                                     Type of
                                                                           Venue                                       Organizer
            Conference/Seminar                   Implementation                                  Activity
High Level Meeting (HLM) for ACGS                January 19, 2024    Indonesia Stock          Focus Group      Financial Services
Assessment in 2024                                                  Exchange Building,         Discussion      Authority
                                                                         Jakarta
One on One Meeting ACGS 2024                     January 23, 2024    Indonesia Stock             Workshop      Indonesia Stock
                                                                    Exchange Building,                         Exchange
                                                                         Jakarta
Discussion of POJK 17 Concerning                 January 23, 2024           Zoom                 Webinar       Ministry of State-
Implementation of Governance for                                                                               Owned Enterprises
Commercial Banks
Discussion of Follow-up to POJK 17/2023          January 30, 2024           Zoom                 Webinar       Himbara
Discussion of Proposed Amendments to             February 6, 2024   Park Hyatt, Jakarta      Forum Group       Himbara
the Articles of Association of HIMBARA                                                        Discussion
Member Banks with the Ministry of SOEs
of the Republic of Indonesia
FGD related to Profile and Financial              March 1, 2024          Ms Teams             Focus Group      Ministry of Finance
Performance of PT Bank Negara Indonesia                                                        Discussion
(Persero) Tbk
Discussion of Gratification Governance           March 20, 2024             Zoom              Focus Group      KPK
(Sponsorship)                                                                                  Discussion
Socialization of Regulation Number I-I of         April 26, 2024            Zoom                 Webinar       Indonesia Stock
the Indonesia Stock Exchange                                                                                   Exchange
Socialization of ETAK Governance Pillars           May 6, 2024              Zoom                 Webinar       KNKG Indonesia
and Annual Report Award 2023
JK6 Risk Management Certification                July 6-26, 2024           Jakarta           Certification     Banking Professional
Provision                                                                                                      Certification Institute



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            Title of Training/Workshop/                     Date of                                      Type of
                                                                                   Venue                                     Organizer
                Conference/Seminar                      Implementation                                   Activity
   Executive Sharing Session-Explore The                  July 25, 2024            Jakarta          Focus Group       BNI
   New Experience of Leadership                                                                     Discussion
   Compliance Forum 2024:                               August 14, 2024            Jakarta          Focus Group       BNI-KPK
   Creating an Anti-Corruption Culture                                                              Discussion
   Socialization of Implementation of PDP               Agustus 26, 2024           Zoom             Webinar           BNI
   Law No.27/2022
   FGD on Common Perception of Licensing                October 8, 2024            Zoom             Focus Group       Financial Services
   of Management and Ownership of                                                                   Discussion        Authority
   Commercial Banks
   The Role of Legal & Corporate Secretary in            October 17-18,       Intercontinental,     Workshop          Himbara
   SOE Governance                                            2024                   Bali
   Corporate Secretary Professional                     November 13-14,            Jakarta          Workshop          Indonesia Corporate
   Standards                                                2024                                                      Secretary Association
   Socialization and Working Group on                 November 20, 2024            Jakarta          Workshop          Financial Services
   Implementation of SIPELAKU                                                                                         Authority
   FGD Roadmap Pasar Modal Berkelanjutan               December 5, 2024            Jakarta          FGD               Financial Services
                                                                                                                      Authority
   Corporate Governance Leadership Program               December 5-6,               Bali           Training          IICD
                                                             2024



  Report on the Implementation of Corporate Secretary Duties in 2024
  In 2024, the Corporate Secretary prepared the Corporate Secretary Report as mandated in Article 11 of OJK
  Regulation No. 35/POJK.04/2014, which stipulates that:
  1. The Corporate Secretary shall prepare a report periodically, at least once a year, on the implementation
      of the Corporate Secretary’s functions to the Board of Directors, with a copy provided to the Board of
      Commissioners.
  2. Issuers or Public Companies shall disclose a brief description of the Corporate Secretary’s functions and
      information regarding the education and/or training attended by the Corporate Secretary in the issuer's
      or public company’s annual report.

  Below is the 2024 Corporate Secretary Report for BNI, which has been submitted to the Board of Directors:
    No.   Function According to OJK                  Program                                         Realization
   1.     Keeping Abreast with               Regarding                    • Providing responses to the Financial Services Authority
          the Developments in the            developments in                as the capital market regulator regarding the draft OJK
          Capital Market                     the Capital Market,            Regulations for 2024.
                                             especially Capital Market    • Participating in training in order to understand developments
                                             laws and regulations           in the capital market, especially laws and regulations
                                                                            applicable in the capital market sector
                                                                          • Attending     socialization     and     discussions  on   the
                                                                            implementation of Capital Market provisions and systems
    2.    Providing input to the             Providing input to the       • Reviewing and providing proposals regarding decisions
          Board of Directors and             Board of Directors and         and/or policies of the Board of Directors and Board of
          Board of Commissioners             Board of Commissioners         Commissioners and units under the Board of Directors,
          to comply with Capital             to comply with Capital         based on Capital Market provisions
          Market provisions                  Market provisions in         • Disseminating changes to Capital Market provisions to
                                             every decision-making          the Board of Directors and Board of Commissioners Re-
                                             or policy-making               submitting (reminder) Capital Market regulations to the
                                                                            Board of Directors and Board of Commissioners
                                                                          • Assisting the Board of Directors in organizing GMS by taking
                                                                            into account Capital Market regulations and best practices.
                                                                            The Annual GMS held on March 4, 2024 was carried out in
                                                                            accordance with applicable provisions, including voting,
                                                                            attended by members of the Board of Directors and Board of
                                                                            Commissioners, publication of minutes of the GMS available
                                                                            on the Company’s website
                                                                          • Assisting the Board of Directors in improving the quality of
                                                                            corporate communication with Shareholders or Investors




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No.   Function According to OJK                 Program                                    Realization
                                    Assisting the Board of       • Assisting the Board of Directors in formulating corporate
                                    Directors and Board            communication policies with shareholders or investors
                                    of Commissioners             • Assisting the Board of Directors and Board of Commissioners
                                    in implementing BNI            in improving the competence of members of the Board of
                                    Governance, including          Directors and Board of Commissioners through training
                                    guaranteeing the             • Assisting the Board of Directors in preventing insider trading
                                    rights of shareholders,        by compiling the Insider Trading Company Guidelines
                                    the functions and            • Assisting the Board of Directors and Board of Commissioners
                                    roles of the Board             in implementing long-term incentives to the Board of
                                    of Commissioners,              Directors and Employees by coordinating with the Human
                                    the functions and              Capital Strategy Division and the Human Capital Services
                                    roles of the Board of          Division
                                    Directors, stakeholder       • Improving the implementation of information disclosure,
                                    participation,                 namely in addition to the website, the Company uses other
                                    information disclosure         media, namely Twitter, Facebook, Instagram, LinkedIn, and
                                                                   YouTube.
3.    Assisting the Board of        Implementation of            The Company submits periodic and incidental reports to
      Directors and Board of        orientation programs         regulators through reporting delivery media as regulated by
      Commissioners in the          for the Board of             each regulator
      Implementation of BNI         Directors and/or Board
      Governance                    of Commissioners of
                                    BNI Others related to the
                                    implementation of GCG
4.    Liaison between Issuers       Implementing strategies      • Assisting the Board of Directors in organizing Board of
      and Shareholders              to improve the quality         Directors Meetings, Board of Commissioners Meetings, and
      of Issuers or Public          of BNI’s communication         Board of Directors Meetings with the Board of Commissioners
      Companies, Financial          with all stakeholders          periodically in accordance with applicable provisions.
      Services Authority, and                                    • All Minutes of Board of Directors Meetings, Board of
      Other Stakeholders                                           Commissioners Meetings and Board of Directors Meetings
                                                                   with the Board of Commissioners have been well
                                                                   documented, in hardcopy and softcopy
                                    Implementing strategies      Implementing an Orientation Program for the Board of
                                    to improve the quality       Directors and/or Board of Commissioners with discussions
                                    of BNI’s communication       related to:
                                    with all stakeholders        • Vision, mission, organizational structure of the Company,
                                                                   business activities, and operational networks
                                                                 • Annual Report, Company Work Plan and Budget (RKAP) and
                                                                   Bank Business Plan (RBB), Company Code of Ethics, BNI
                                                                   Work Culture, Board of Commissioners Work Procedures
                                                                   Guidelines, Good Corporate Governance Policy, and
                                                                   Company Articles of Association
                                                                 • Good Corporate Governance (concurrent positions, share
                                                                   ownership and independent commissioners);
                                                                 • Duties, authorities and responsibilities of the Board of
                                                                   Commissioners and Board of Directors, delegation of
                                                                   authority and limitations of authority of the Board of
                                                                   Commissioners in carrying out supervisory duties towards
                                                                   the company based on applicable laws and regulations
                                                                 • Committees under the Board of Directors and Board of
                                                                   Commissioners that are formed and directly responsible
                                                                   to the Board of Commissioners, the Secretary of the Board
                                                                   of Commissioners and the Secretariat of the Board of
                                                                   Commissioners that assist in the smooth running of the
                                                                   Board of Commissioners’ duties
                                                                 • Remuneration and facilities provided to members of the
                                                                   Board of Directors and Board of Commissioners Together
                                                                   with the Compliance Division, prepare a Self-Assessment
                                                                   Report on the Implementation of GCG in the Company
                                                                 • GCG Commitment/Integrity Pact of the Board of Directors
                                                                   and Board of Commissioners
                                                                 • GCG Socialization
                                                                 • Stock Management
                                                                 • Disclosure of Share Ownership by the Company’s Board of
                                                                   Directors and Board of Commissioners
                                                                 • Remuneration of the Board of Directors and Board of
                                                                   Commissioners
                                                                 • Rewards and GCG Assessments from External Parties related
                                                                   to the Corporate Secretary Function




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  Furthermore, the Corporate Secretary also ensures public transparency by disseminating information
  through the mass media, the IDX website, and BNI’s official website in both Indonesian and English. A more
  detailed disclosure of this report is outlined in the Sub-Chapter on Transparency of Report Delivery.

  Throughout 2024, the Corporate Secretary has submitted reports to the IDX and OJK in a timely manner.
  Broadly speaking, these reports can be categorized into Periodic Reports and Incidental Reports.

  Periodic Reports
  The Periodic Reports submitted by BNI’s Corporate Secretary to the IDX and/or OJK in 2024 are detailed as
  follows:
                                                                                                          Report         Number of
    No.                                      Report Type                              Addressed to
                                                                                                          Period          Reports
     1.   Monthly Report of Securities Holder Registration                            FSA and IDX        Monthly              12
    2.    Consolidated Financial Statements of Bank and Subsidiaries                  FSA and IDX         Quarter             4
          (Unaudited)
    3.    Annual Financial Statements (Audited)                                       FSA and IDX         Annual              1
    4.    Annual Report (including Bank Governance Report and Integrated              FSA and IDX         Annual              1
          Governance Report of BNI Financial Conglomerate)
    5.    Sustainability Report                                                       FSA and IDX         Annual              1
    6.    Annual Rating Result Report                                                 FSA and IDX         Annual              1
     7.   Annual Report of Parent Entity and Subsidiaries (Report of LJK which is          FSA            Annual              1
          part of BNI Financial Conglomerate)
    8.    Report of Detailed List of Related Parties                                       FSA         Semiannual             2
    9.    Report of Results of Annual Public Expose Implementation                         IDX            Annual              1
    10.   Report of List of 10 Largest Shareholders                                   FSA and IDX         Quarter             4
    11.   Company Performance Report (Earning Call)                                   FSA and IDX         Quarter             4
    12.   Announcement Report of Annual General Meeting of Shareholders               FSA and IDX         Annual              1
    13.   Invitation Report of Annual General Meeting of Shareholders                 FSA and IDX         Annual              1
    14.   Report of Implementation of Annual General Meeting of Shareholders          FSA and IDX         Annual              1
    15.   Report on the Implementation of Cash Dividend Payment                       FSA and IDX         Annual              1


  Incidental Reports                                                    carried out by the Investor Relations Division
  In addition to regular reports submitted periodically,                essentially form part of the Bank’s corporate public
  BNI complies with regulations regarding information                   relations activities.
  disclosure by submitting incidental reports to
  regulators (OJK and/or IDX). In 2024, the Corporate                   Functions and Main Duties of Investor
  Secretary submitted a total of 33 (thirty three)                      Relations
  incidental reports to regulators. Details of these                    The investor relations function at BNI has been
  reports are elaborated in the Subsection on Report                    effectively operational since BNI became a publicly
  Transparency.                                                         listed company through an Initial Public Offering
                                                                        (IPO) in 1996. In accordance with regulations
  Information on both Regular Reports and Incidental                    requiring public companies to be transparent with
  Reports has also been published on BNI’s official                     shareholders and promote investment growth in
  website    at    https://www.bni.co.id/id-id/investor/                the capital market, the Investor Relations function is
  berita-investor/keterbukaan-informasi.                                essential.

                                                                        BNI has had this function since becoming a public
  Investor Relations                                                    company, originally under the Corporate Secretary
                                                                        Division. However, in 2021, the company underwent
  To maximize the Bank’s market capitalization, BNI                     an organizational restructuring that separated the
  has established an Investor Relations Division,                       Investor Relations function from the Corporate
  which is fully responsible for carrying out the Bank’s                Secretary function. As a result, under the Board
  Investor Relations functions. This unit plays a crucial               of Directors’ Decree No. KP/289/DIR/R dated June
  role in building and managing good relationships                      28, 2021, BNI established a distinct organization
  with shareholders, the capital market community,                      to manage the Investor Relations function. This
  and other financial communities. All activities                       initiative was undertaken considering the growing



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importance of Investor Relations in managing                        3. Represent BNI’s management in meetings with
communications between management and                                  analysts and investors, either one-on-one or
shareholders, alongside increasing shareholder                         through public presentations, to communicate
interest in BNI.                                                       opinions, stances, and reactions to company
                                                                       challenges and/or opportunities and to present
In line with the provisions set by BNI, the Investor                   strategic follow-up actions for BNI’s management;
Relations Division has the following main functions:                4. Manage activities related to BNI’s performance
1. Manage cooperation with relevant parties                            and ratings;
    in Indonesia’s capital market, including fund                   5. Monitor and analyze developments in BNI’s stock
    managers, analysts, stockbrokers, investment                       performance, the exchange, and peer groups;
    bankers, rating agencies, and members of the                    6. Manage BNI’s performance database, stock
    Indonesian Issuers Association (AEI);                              information, investor contacts, reports, mailing
2. Communicate the company’s performance and                           lists for fund managers, and other relevant
    strategy to market analysts and investors to                       parties.
    achieve an optimal long-term stock valuation for                7. Ensure openness, accuracy, and timely disclosure
    BNI through analyst meetings, conference calls,                    of information to market participants.
    roadshows, and related events;


Profile of Investor Relations Division Head


                                                              Yohan Setio, CFA
                                                              Investor Relations Division Head

                                                              Age
                                                              39 years old as of December 31, 2024
                                                              Nationality
                                                              Indonesian citizen
                                                              Domicile
                                                              Jakarta, Indonesia
                                                              Education
                                                              • Bachelor’s degree of Economics in Accounting from Universitas
                                                                Indonesia (2003-2006)
                                                              • Masters degree in Business Administration from University of Cambridge
                                                                (2011-2012)


 Legal Basis for Appointment                                        At Other Companies
 Appointed as Head of Investor Relations Division based on Board    • Senior Vice President - Head of Investor Relations at PT Bank
 of Directors Decree No. KP/258/DIR/R dated June 14, 2021, and        Mandiri (Persero) Tbk (2016 – 2020)
 the unit name was changed to Investor Relations Division Head      • Associate Director - Institutional Equity Sales at PT Mandiri
 based on Board of Directors Decree No. KP/229/DIR/R dated June       Sekuritas (2012 – 2016)
 6, 2023.                                                           • Assistant Vice President – Equity Research Analyst at PT
                                                                      Mandiri Sekuritas (2008 – 2011)
 Term of Office                                                     • Officer – Global Transaction Banking at Deutsche Bank (2006 –
 2021 – Present                                                       2008)

 Professional Certification and/or Training                         Concurrent Positions
 • Banking Risk Management Certification Qualification 5 with       None
   Certificate No./BSMR/SKT/7223/X/2024 dated October 7, 2024
 • CFA (Chartered Financial Analyst) Certification from CFA         Affiliated Relationships
   Institute (2012)                                                 Does not have any affiliated relationships with members of
                                                                    the Board of Directors, Board of Commissioners, or Major/
 Work Experience                                                    Controlling Shareholders
 At BNI
 • Head of Investor Relations Division (2021 – Present)
 • Acting Head of the Office of Chief Economist Division (2021-
   2022)


2024 Investor Relations Division Activity Report
Throughout 2024, the Investor Relations Division effectively and efficiently performed its core functions,
particularly in delivering accurate and timely information regarding the company’s performance, business
prospects, and other pertinent details required by investors, potential investors, analysts, the financial
community, and the capital markets to support informed decision-making. Investor relations activities
have been conducted in adherence to confidentiality principles and with equal treatment for all investors.
Internally, the Investor Relations Division has also worked to enhance communication with various divisions



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  to strengthen alignment between BNI’s strategies                        investment horizon. These activities have facilitated
  and the concerns of investors, thus improving the                       interactions between BNI and domestic as well as
  overall performance of the bank.                                        international investors or potential investors. In
                                                                          2024, the frequency of activities organized by the
  In line with its primary functions, the Investor                        Investor Relations Division, including conferences
  Relations Division has also intensified monitoring                      and non-deal roadshows (NDR), increased compared
  of BNI’s stock performance and the prevailing                           to 2023. This aligns with the initiative to improve the
  market sentiment, while optimizing the corporate                        investor base by targeting regions in the Americas
  rating review activities to ensure that BNI’s rating                    and Europe, which were previously underutilized.
  remains within the investment-grade category. The
  division has been actively involved in enhancing                        In addition to institutional investors, BNI has
  the frequency and quality of information regarding                      consistently maintained strong relationships with
  the implementation of ESG (Environmental, Social,                       retail investors. To enhance communication with
  and Governance) aspects to investors, as well                           retail investors, the Investor Relations Division has
  as participating in the ESG Rating Review and                           utilized social media platforms to provide updates to
  conveying emerging ESG-related issues in the                            retail investors, collaborating with brokers that have
  market to the relevant divisions.                                       a large retail investor base.

  Throughout 2024, BNI has conducted analyst                              The aforementioned initiatives are driven by the
  meetings and public expos to present its annual                         growing enthusiasm of retail investors, which has
  performance results. BNI has also actively                              steadily increased since the pandemic. This is also
  participated in various conferences, both online and                    reflected in the increased number of activities
  offline, as well as non-deal roadshows organized by                     carried out by the Investor Relations Division in 2024
  securities firms or brokers, to improve the quality of                  compared to 2023. The following table provides
  its investor base by increasing the number of top-                      a detailed breakdown of BNI’s Investor Relations
  tier global institutional investors with a long-term                    activities over the past two years:




  BNI Investor Relations Activity Statistics for 2024 and 2023
                            Investor Relations Activity                                       2024                         2023
   Analyst Meetings [ACGS C.7.3]                                                                  4                            4
   Public Exposes (Including Public Expose from IDX)                                              5                            5
   Non-Deal Roadshow & Conference Calls                                                         21                            12
   Retail Investor Webinar/Seminar                                                                7                            3
   Regular Meeting with Investors                                                              353                          365
   Annual Rating Review Meetings                                                                  3                            3
                                        Total                                                  393                          392



  Activities Involving Existing Shareholders [ACGS A.4.1]
  Throughout 2024, the Investor Relations Division also conducted activities involving all shareholders
  including institutional shareholders. During this period, BNI has invited investors and participated in the
  following activities:
                                   Date of
           Activity                                   Place of Implementation             Event Description            Event Mechanism
                               Implementation
   Nomura ASEAN                January 15, 2024       Kuala Lumpur                 Investor conference held by                Offline
   Conference                                                                      Nomura
   Earnings Call FY2023        January 26, 2024       Jakarta                      FY2023 performance                         Online
                                                                                   presentation
   Jefferies 5th Asia         March 19-21, 2024       Hong Kong                    Investor conference held by                Offline
   Forum                                                                           Jefferies
   Earnings Call 1Q2024          April 19, 2024       Jakarta                      1Q2024 performance                         Hybrid
                                                                                   presentation
   Non-Deal Roadshow            May 6-21, 2024        London, Edinburgh,           Non-Deal Roadshow organized                Offline
                                                      Denmark, Germany,            with Macquarie
                                                      Switzerland, Italy, France




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                              Date of
       Activity                                 Place of Implementation           Event Description            Event Mechanism
                          Implementation
Asia Conference 2024     June 12-13, 2024       Hong Kong                 Investor conference held by               Offline
                                                                          Bank of America (BoFA)
Investor Branch Visit      June 20, 2024        Bali                      Institutional investor visit to           Offline
                                                                          BNI’s Bali Nusra regional office
Non-Deal Roadshow        June 25-28, 2024       Kuala Lumpur and          Non-Deal Roadshow held with               Offline
                                                Singapore                 BNI Sekuritas
Earnings Call 1H2024      August 22, 2024       Jakarta                   1H2024 performance                        Online
                                                                          presentation
ASEAN Conference           August 27-28,        Singapore                 Investor conference held by               Offline
2024                          2024                                        Macquarie
31st CITIC CLSA          September 11-12,       Hong Kong                 Investor conference held by               Offline
Investors' Forum              2024                                        MacquarieInvestor conference
                                                                          held by CLSA
Retail Webinar with       September 19,         Jakarta                   Update okay to retail investors       YouTube Channel
Mirae Aset Sekuritas          2024
Market Update with        October 3, 2024       Jakarta                   Inviting BNI Emerald Clients &            Offline
BNI Emerald Clients                                                       Investors
& Investor
Earnings Call 3Q2024     October 25, 2024       Jakarta                   3Q2024 performance                        Offline
                                                                          presentation held virtually
Investor Branch Visit      November 6,          Jakarta                   Institutional investor visit to           Offline
                              2024                                        BNI’s Jakarta Senayan office
23rd Annual Pacific      November 20-21,        Singapore                 Investor conference held by               Offline
Summit                       2024                                         Morgan Stanley
Macquarie Asia           December 10-11,        New York                  Investor conference held by               Offline
Conference                   2024                                         Macquarie
Non-Deal Roadshow        December 12-18,        USA and Canada            Non-Deal Roadshow organized               Offline
                              2024                                        with BNI Sekuritas


All of the above activities were attended by BNI’s existing shareholders.

Incidental Reports
In addition to regular reports submitted periodically, BNI complies with regulations regarding information
disclosure by submitting incidental reports to regulators (OJK and/or IDX). In 2024, the Corporate Secretary
submitted a total of 61 (sixty one) incidental reports to regulators. Details of these reports are elaborated in
the Subsection on Report Transparency.

Information on both Regular Reports and Incidental Reports has also been published on BNI’s official website
at https://www.bni.co.id/id-id/investor.

Investor Relations Contacts [ACGS C.10.1]
BNI Investor Relations can be contacted via:
Investor Relations
Phone : +621-8665-6800.
Address : Menara Astra, Jl. Jenderal Sudirman Kav 5-6 Jakarta.




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  Internal Audit Unit [ACGS: D.3.14]                                  a computerized Audit Management System (AMS).
                                                                      This system serves as the optimal method for
                                                                      collecting audit evidence and evaluating whether
  To ensure the implementation of sound banking                       audit criteria have been properly implemented in line
  operations supported by a robust control                            with audit objectives. Additionally, it promotes the
  environment, BNI has established the Internal Audit                 improvement of the Bank’s internal control quality
  Division (IAD) as a strategic support organ under                   and effectiveness while ensuring the achievement of
  the Board of Directors. This division serves as a                   performance excellence.
  strategic partner to management, fulfilling the role
  of a Risk Assurance Unit (Third Line Roles) within                  Legal Basis and Guidelines for Internal Audit
  the third line of defense in the Internal Control                   Implementation
  System framework. In executing its role as the third                All Internal Audit activities within BNI adhere to the
  line, the Internal Audit Division routinely engages                 following regulations:
  in coordination and communication with other                        1) POJK No. 1/POJK.03/2019 dated January 28,
  work units, fostering collaboration and mutual                          2019, concerning the Implementation of Internal
  contributions to create and preserve values aligned                     Audit Functions in Commercial Banks.
  with the interests of stakeholders.                                 2) POJK No. 11/POJK.03/2022, regarding the
                                                                          Organization of Information Technology by
  The implementation of BNI’s Internal Audit function                     Commercial Banks.
  encompasses assurance and consulting activities                     3) SEOJK No. 21/SEOJK.03/2017, concerning the
  that are independent and objective in nature. These                     Application of Risk Management in the Use of
  activities aim to enhance the Bank’s value and improve                  Information Technology by Commercial Banks.
  its operations through a systematic approach by                     4) POJK No. 45/POJK.03/2020 dated October 16,
  evaluating and improving the effectiveness of risk                      2020, on Financial Conglomerates.
  management, control mechanisms, and governance                      5) International Professional Practices Framework
  processes. To enhance the quality of the Bank’s                         (IPPF).
  internal controls, Internal Audit conducts a series of
  regular activities, including assessing the adequacy                Internal Audit Charter
  and effectiveness of risk management frameworks,                    BNI has established its Internal Audit Charter, formally
  internal control processes, and governance, as well                 ratified and jointly signed by the President Director
  as evaluating performance quality and providing                     and the Board of Commissioners through Board of
  advisory services.                                                  Directors Decree No. KP/351/DIR/R dated August
                                                                      15, 2024. The formulation of BNI’s Internal Audit
  In carrying out monitoring activities, the Internal                 Charter aligns with the provisions of OJK Regulation
  Audit Division (IAD) applies a risk-based audit (RBA)               No. 1/POJK.03/2019 and applicable professional
  approach grounded in the results of risk assessment                 auditing standards. The Charter is reviewed and
  analysis. Consulting functions are performed both                   updated periodically to address the Bank’s evolving
  formally and informally, involving independent                      requirements and regulatory developments, with
  reviews of new product or activity launches (in                     the most recent revision finalized on August 9, 2024,
  accordance with OJK regulations) and special                        and duly approved by the President Director and the
  assignments either at management’s request or on                    Board of Commissioners.
  IAD’s initiative. By prioritizing risk as the foundation
  for audit planning and execution, the RBA approach                  The BNI Internal Audit Charter serves as a formal
  offers a more efficient method of resource allocation               written guideline that provides a reference
  and facilitates the identification of issues that could             framework for the Internal Audit Division (IAD) to
  impact the achievement of organizational objectives.                perform its functions effectively and efficiently. The
                                                                      Charter encompasses key provisions, including:
  In response to the rapid advancements in                            Vision and Mission, Structure and Position Duties
  information     technology,     which     significantly             and Responsibilities, Authority, Code of Ethics,
  influence organizational work environments, the                     Independence and Objectivity, Objectives and
  Internal Audit Division (IAD) continuously innovates                Scope of Audit Activities, Auditor Requirements and
  both its methodologies and the use of audit tools to                Development, Audit Risks and Legal Protections
  enhance the effectiveness of audits across the Three                for Leaders and Auditors, Audit Quality Control
  Lines Model, thereby ensuring greater strength and                  Program, Internal Audit’s Role in Integrated
  maturity. To guarantee that audits are conducted                    Governance, Relationships Between Internal and
  systematically, effectively, and efficiently, while                 External Auditors.
  avoiding conflicts of interest, Internal Audit utilizes




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Duties and Responsibilities of                                     financial service institutions owned by BNI,
The Internal Audit Unit                                            relating to the implementation of audits and
As stipulated in the BNI Internal Audit Charter, the               consultations;
scope of the Internal Audit assignment is as follows:           4. Ensuring that IAD Auditors follow continuous
1. Assisting the President Director and the Board                  professional development and adequate training
   of Commissioners in conducting supervision by                   in their fields in order to keep abreast of company
   describing the planning, implementation and                     developments;
   monitoring of audit results in operational terms;            5. Preparing and reviewing the internal audit charter
2. Examining and assessing the efficiency and                      periodically;
   effectiveness of finance, accounting, operations,            6. Preparing the Annual Audit Plan and Annual
   human resources, marketing, information                         Consultation together with the President
   technology and other activities through audits;                 Director and Board of Commissioners approved
3. Identifying all possibilities to improve and                    budget allocation by considering the Audit
   increase the efficiency of the use of resources                 Committee recommendations and monitoring its
   and funds used;                                                 implementation;
4. Providing recommendations for improvements                   7. Reporting significant audit findings to the
   and objective information on the examination                    President Director and the Director overseeing the
   results in the form of an Audit Report and submit               compliance function to ensure prompt corrective
   the report to the President Director and the                    actions are taken, while actively monitoring the
   Board of Commissioners with copies to the Audit                 follow-up process;
   Committee and the Director in charge of the                  8. Providing periodic reports on the monitoring of
   Compliance function;                                            audit follow-up actions to the President Director
5. Providing consulting services to BNI internally                 and the Board of Commissioners, with copies
   to add value and improve the quality of control,                submitted to the Audit Committee and the
   risk management, and corporate governance as                    Director responsible for the compliance function,
   long as it does not affect the independence and                 and
   objectivity of the IAU, and adequate resources               9. Ensuring the use of external party for internal
   are available;                                                  audit activities:
6. Carrying out follow-up monitoring of audit results              a. Facilitate the transfer of knowledge from
   as well as periodically submit a Pending Follow-                    external parties to members of the Internal
   up Report on Audit Results to the President                         Audit Division (SKAI), with consideration
   Director and the Board of Commissioners with                        given to the temporary nature of external
   copies to the Audit Committee, as well as the                       expert services.
   Director in charge of the Compliance function;                  b. Does not affect the independence and
   and                                                                 objectivity of the Internal Audit function.
7. Conducting an in-depth audit at the request of                  c. The use of external services is in accordance
   the Board of Directors and/or Commissioners,                        with the BNI Internal Audit Charter.
   or as a follow-up to the general audit results of
   an object or event that is suspected to contain              Authority of The Internal Audit Unit
   indications of violation and/or fraud if necessary.          In order to the duties and responsibilities can run
8. Internal Audit works closely with work units that            with optimal results, the Internal Audit Unit is given
   perform other internal control functions.                    the authority to:
                                                                1. Have full, free and unlimited access to BNI
Duties and Responsibilities of                                     records, information, employees, funds, assets,
The Head of Internal Audit Unit                                    locations/areas, and other resources, including
As stipulated in the BNI Internal Audit Charter, the               BNI’s     subsidiaries/affiliates/financial service
scope of the Internal Audit assignment is as follows:              institutions, relating to the implementation of
1. Ensuring the internal audit function is in                      audits and consultation;
   accordance with the Internal Audit Function in               2. Conduct verification, interviews, confirmations,
   Commercial Banks and the Internal Audit Code                    and other audit techniques with customers or
   of Ethics;                                                      other parties related to the implementation of
2. Allocating audit resources, determining the                     audits and consultations;
   objectives, scope, and audit plans or schedules              3. Communicate directly with the Board of
   and techniques;                                                 Directors, the Board of Commissioners and Audit
3. Determining strategies, methodologies, tools,                   Committee;
   audit approaches as well as implementation of                4. Conduct regular and incidental meetings with the
   quality control in carrying out predetermined                   Board of Directors, the Board of Commissioners
   main tasks, including subsidiaries/affiliates/                  and the Audit Committee;



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  5. Attend strategic meetings;                                           a. Alignment with the Internal Audit Charter,
  6. Request assistance from other work units or use                         IIA’s definition of Internal Audit, the Code of
     the services of external parties in conducting                          Ethics, and Standards.
     audits if deemed necessary; and                                      b. The quality of audits, including supervisory
  7. Coordinate and build synergistic relationships                          quality and adherence to internal audit
     with other assurance units/functions (compliance                        methodology.
     unit and risk management) in order to obtain                         c. Infrastructure,     including   policies   and
     comprehensive and optimal audit results.                                procedures that support Internal Audit
                                                                             activities.
  Audit Quality Control
  The Quality Assurance and Improvement Program                       The 2024 periodic self-assessments were conducted
  (QAIP) implemented by BNI is designed to evaluate                   during the period from January 1, 2023, to September
  the alignment of Internal Audit activities with                     30, 2024. The results showed that, overall, BNI’s
  established standards and the application of the                    Internal Audit activities align with IPPF standards
  code of ethics. This includes the development of                    and the code of ethics.
  audit methodologies and the refinement of audit
  programs to align with evolving business processes                  Audit Methodology
  and best practices. QAIP is conducted through                       In carrying out its duties, Internal Audit develops
  assessments or reviews, both by external and                        a comprehensive audit plan at the beginning of
  internal parties.                                                   the fiscal year, utilizing an audit approach focused
                                                                      on key risks that may affect the achievement of
  External assessments or reviews are required to                     organizational objectives, commonly known as Risk-
  be conducted at least once every three years, as                    Based Audit (RBA). By applying this methodology, all
  stipulated in OJK Regulation No. 1/POJK.03/2019.                    Internal Audit activities at BNI, from audit planning,
  Following the last review in 2021, BNI appointed PT                 execution, to reporting, are consistently based
  RSM Consultant to conduct a review of the Internal                  on the company’s risk priorities as determined in
  Audit function in 2024. The results indicated that,                 collaboration with operational management through
  in general, the activities of BNI’s Internal Audit                  risk assessments. The bank ensures that all risks are
  are in compliance with the Financial Services                       well-managed and controlled within acceptable
  Authority Regulations No. 1/POJK.03/2019, No. 11/                   limits, as set by management, thereby safeguarding
  POJK.03/2022, No. 38/POJK.03/2016, and No. 21/                      the achievement of corporate goals.
  SEOJK.03/2017.
                                                                      The stages of the Risk-Based Audit methodology
  Internal audit quality control is carried out by the                applied by BNI are as follows:
  Quality Control & Report Analysis unit, which                       1. Preparation of Audit and Consultation Work
  conducts assessments to ensure the alignment                           Plans (RAT) based on Risk-Based Audit through
  of BNI’s Internal Audit activities with the code of                    a Macro and Micro Assessment approach:
  ethics and standards, referencing the International                    a. Macro Assessment: This assessment is based
  Standards for the Professional Practice of Internal                       on performance indicators and the risk profile
  Auditing as formulated by The Institute of Internal                       of BNI’s activities, referencing the Corporate
  Auditors (IIA). The following approaches are                              Plan/General Policy of the Board of Directors
  employed:                                                                 (KUD), the Bank’s Business Plan (RBB 2024-
  1. Ongoing Monitoring                                                     2026), BNI’s Risk Profile, feedback from the
     Ongoing monitoring aims to ensure that the                             Board of Directors and Senior Management,
     audit process for each assignment is carried                           as well as issues or developments in BNI’s
     out effectively, including ensuring that activities                    business, including results from external
     from planning to audit reporting are conducted                         and internal audits, fraud incidents, and
     in accordance with Internal Audit policies and                         mandatory audits as required by applicable
     procedures.                                                            regulations.
  2. Periodic Self-Assessments
     Periodic     self-assessments    are   conducted                        The goal of the Macro Assessment is to
     to comprehensively evaluate Internal Audit                              identify critical issues for determining audit
     activities, focusing on:                                                themes/activities that will focus on business
                                                                             process improvement.




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   b. Micro Assessment, involving selecting                     Independence, Objectivity & Cooling-Off
      audit targets (critical units) based on a risk            Period Policy
      assessment of the unit.                                   Internal Audit auditors are required to demonstrate
   c. In addition to risk-based audits, Internal                a high degree of independence and professional
      Audit (IAD) also conducts mandatory                       objectivity in carrying out their duties and
      audits to comply with external/regulatory                 responsibilities. They must remain unaffected by
      requirements.                                             personal interests or external influences during
2. Audit Implementation, to ensure the adequacy                 audit and consultancy assignments. Consequently,
   and effectiveness of risk management and                     all Internal Audit auditors are obligated to maintain
   internal control, the audit process is supported by          independence and objectivity in adherence to the
   an audit rating methodology for risk management              following provisions:
   and internal control.                                        1. Head of Internal Audit and Auditors are prohibited
   The rating scale includes satisfactory, good,                    from:
   needs improvement, and unsatisfactory, with                      a. Holding authority or responsibility for, or
   assessment components for credit and non-                            participating in, operational activities of
   credit/operational activities. The audit rating                      BNI or its subsidiaries, affiliates, or financial
   mechanism is automatically generated through                         service institutions owned by BNI.
   the Audit Monitoring System (FAST), based                        b. Simultaneously performing operational tasks
   on the significance level of each finding (low,                      or hold positions within the bank, subsidiaries,
   medium, high, and critical).                                         affiliates, or financial service institutions
3. Audit Reporting, which includes the Audit Results                    owned by BNI.
   Report, detailing the implementation of all audit                c. Initiating      or    approving       accounting
   activities, and the Audit Results Principles (PPHA),                 transactions, except for internal transactions.
   which are reported quarterly to the Financial                    d. Engaging in decision-making processes
   Services Authority (OJK).                                            regarding BNI’s operational activities.
                                                                2. Internal Audit must establish provisions
To support the focus of audits and consultations                    governing the execution of audit assignments
for 2024, which is “Guiding business growth by                      to ensure objectivity and prevent conflicts of
ensuring optimal employee productivity, process                     interest involving auditors and Internal Audit
improvement, and IT/digital platform support,”                      leadership with respect to the audited entity.
and to optimize its role and function as the third                  Among these provisions is the implementation
line of defense responsible for the effectiveness of                of a cooling-off period policy.
the bank’s internal control system, the 2024 audit
strategy is outlined as follows:                                   In this regard, auditors are excluded from audit
1. Optimal collaboration with assurance functions                  assignments involving a particular entity or
    such as SORX, CMP, ORM, ERM, AFR, and                          auditee under the following circumstances:
    Subsidiary Internal Audit (SKAI).                              a. There are employees in the auditee unit who
2. Focus on strategic-level audits aligned with                        have familial relationships with the internal
    stakeholder concerns and BNI’s strategic                           auditor up to the second degree, whether
    direction for 2024.                                                horizontal or vertical;
3. Business      process     improvement     through               b. An internal auditor has previously served
    continuous monitoring and surveillance audits                      as an employee in the auditee unit, either
    using Data Analytics, providing exception reports                  in a leadership or non-leadership role. Such
    to delivery channels via the ASR application.                      auditors may be assigned to audit the unit
4. Enhancement of the Audit Management System                          provided that an audit of the said auditee unit
    (FAST) through the Data and Technology                             has been conducted at least once and/or after
    Refreshment Audit Management System process                        a minimum period of one year has elapsed;
    currently being undertaken by the Information                  c. Internal auditors are not permitted to audit the
    Technology Unit (SKTI).                                            same auditee consecutively as team leader
                                                                       for two assignments
                                                                   d. Internal auditors are not allowed to audit an
                                                                       object where they were previously involved
                                                                       in providing consultancy services or other
                                                                       assignments related to that object.
                                                                3. The Head of Internal Audit holds the authority to
                                                                   determine the resources and budget necessary
                                                                   to perform duties and functions in accordance
                                                                   with the annual audit plan.



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  4. Internal auditors are required to disclose any information or circumstances that may impair their
     independence and objectivity in carrying out audit and consultancy assignments to the Head of Internal
     Audit.
  5. The execution and reporting processes of audit and consultancy activities are subject to review by both
     internal and external parties.
  6. BNI ensures that every member of the Internal Audit Unit meets the independence criteria stipulated by
     applicable regulations. This independence is upheld through specifically designed audit procedures that
     prevent conflicts of interest, enabling the audit process to be conducted objectively and transparently.
     The Internal Audit Unit operates independently from the work units and activities it audits, allowing it to
     provide professional and objective opinions to the President Director regarding the Bank’s business and
     operational activities. By maintaining these independence standards, the Internal Audit Unit can deliver
     accurate assessments and support the implementation of Good Corporate Governance (GCG) practices
     across all of BNI’s operational activities.

  Structure and Position of the Internal Audit Unit
  The Internal Audit Division (IAD) at BNI is directly accountable to the President Director, with a direct
  communication line (dotted line) to the Board of Commissioners, as stipulated in the Board of Directors
  Decree No. KP/235/DIR/R dated June 7, 2024, concerning the Organizational Structuring of BNI, and Board of
  Directors Decree No. KP/136/DIR/R dated April 12, 2023, as well as the updated IAD Organizational Structure
  based on Decree No. CDV/2/1527/R dated December 21, 2023, regarding the Internal Audit Organizational
  Structuring. The IAD is authorized to communicate directly and hold meetings with the Board of Directors,
  the Board of Commissioners, and the Audit Committee while carrying out its duties to ensure assignments
  are executed effectively and efficiently.

  This policy aligns with the provisions of POJK 1/2019 and POJK No. 56/POJK.04/2015, dated December 29,
  2015, regarding the Establishment and Guidelines for the Formulation of the Internal Audit Charter.

  The organizational structure of the Internal Audit Unit as of December 31, 2024, is outlined in the following chart:

                                                                             General Meeting of
             Audit Committee                                                 Shareholders (GMS)
                                                 Board of
                                               Commissioners

                                                                              President Director



                                                                                Internal Audit




         Wholesale &                                                              IT Audit &         Corporate Function                             Investigation &
                             Network & Retail Audit   Digital & Operations                                                  Audit Development
    International Business                                                       Surveillance        & Subsidiaries Audit                           Whistleblowing
                                 Department            Audit Department                                                        Department
      Audit Department                                                           Department             Department                                System Department




           Corporate &                                        Digital -
                                    Network &                                       IT Strategy             Corporate           Audit Planning
           Institutional                                     Wholesale                                                                                 Investigation
                                   Services Audit                                      Audit              Function Audit        & Development
          Business Audit                                       Audit



                                       Retail                                         IT Apps,
           Enterprise &                                                                                                          Audit Quality
                                     Productive               Digital -           Infrastructure &        Subsidiaries &                              Whistleblowing
           Commercial                                                                                                             Control &
                                    & Business               Retail Audit          Development              GRC Audit                                    System
          Business Audit                                                                                                        Report Analysis
                                   Program Audit                                        Audit



           International                                     Operations                                                          Monitoring &
                                   Consumer Audit                                   Surveillance
          Business Audit                                       Audit                                                             Counterparty




                                                                                                                                   General
                                                                                                                                   Services
                                                                                                                                   Section




  Authority for Appointment and Dismissal of the Head of the Internal Audit Unit [ACGS D.3.16]
  The Head of Internal Audit is appointed and dismissed by the President Director, subject to approval from
  the Board of Commissioners, taking into account the recommendations of the Audit Committee. The
  appointment or dismissal must be reported to the Financial Services Authority (OJK) in person no later than
  ten (10) working days after the date of the appointment or dismissal.



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The President Director may dismiss the Head of Internal Audit, with the approval of the Board of Commissioners
and based on the recommendations of the Audit Committee, if the individual fails to meet the requirements
to lead BNI’s internal audit function as stipulated by applicable regulations and/or is deemed incapable or
ineffective in performing their duties.

Head of Internal Audit Unit Profile [ACGS D.3.15]
The Internal Audit Unit is led by Johansyah effective from March 20, 2024, in accordance with the Decree of
the Board of Directors No. KP/104/DIR/R dated March 18, 2024. Johansyah’s appointment as Head of BNI IAD
has been reported to OJK based on letter No. DK/36/R & DIR/050/R dated March 20, 2024. The brief profile of
the Head of IAD is as follows:


                                                              Johansyah
                                                              Head of Internal Audit Unit

                                                              Age
                                                              43 years old as of December 31, 2024
                                                              Nationality
                                                              Indonesian citizen
                                                              Domicile
                                                              Jakarta, Indonesia
                                                              Education
                                                              • Bachelor’s degree in Law from Universitas Hasanuddin
                                                              • Master’s degree in Notary Affairs from Universitas Jayabaya




 Legal Basis of Appointment                                         Work Experience
 The Board of Directors Decree No. KP/104/DIR/R dated March         At BNI
 18, 2024                                                           1. Head of Internal Audit Unit (2024 – present)
                                                                    2. Head of Corporate Remedial & Recovery Division (2023 –
 Term of Office                                                        2024)
 March 20, 2024 - present                                           3. Head of Legal Division (2018 – 2023)
                                                                    4. VP of Criminal Litigation and Claims (2018)
 Professional Certification and/or Training                         5. Civil Case Group Leader of Legal Division (2014 - 2018)
 1. Certified Bank of Internal Audit (CBIA) Audit Manager-          6. MGR Corporate Recovery of PRC Division/Manager of
     Qualification VI KKNI (LSPP)                                      Corporate Credit Settlement of PSC Division (2011 - 2014)
 2. Bank Internal Audit Certification Briefing Level Audit          7. Jurist/Legal Expert of Civil Case in Legal Division (2006 -
     Manager (IAIB)                                                    2011)
 3. BoD-1 Top Talent Program (TOP GUN) Cohort 1 (BUMN
     School of Excellence and IMD Business School)                  Concurrent Position
 4. The Professional Service Firm leader (Cambridge Judge           Does not hold concurrent positions both internally and
     Business School)                                               externally BNI
 5. Banking Transformation in EMP by Harvard Business
     Publishing (BNI)                                               Affiliation Relationship
 6. BUMN Muda Mentorship Program (BUMN Muda)                        Has no affiliation with members of the Board of Directors,
 7. Executive Management Program (Korn Ferry)                       Board of Commissioners, or Majority/Controlling Shareholders
 8. Risk Management Certification Level 1 to 4 or
     Equivalent to Qualification Level 4 to 6 (Risk
     Management Certification Agency)
 9. Registered Curator and Administrator (AKPI)
 10. Legal Risk Strategy for Credit Recovery (BNI)
 11. Sworn and Registered Advocate (PERADI)


Internal Audit Human Resources Composition
In carrying out its function, Internal Audit is supported by competent human resources with adequate
qualifications. As of December 31, 2024, the number of personnel in BNI’s Internal Audit totals 205 individuals,
including the Head of Internal Audit. The selection of Internal Audit personnel consistently considers aspects
of diversity, including work experience, areas of expertise, and relevant professional certifications related
to the Internal Audit function. Below is the composition of BNI’s internal auditors as of December 31, 2024:
                                                                                                                        Number
                                                 Position
                                                                                                                        (Person)
Head of Internal Audit                                                                                                         1
Department Head                                                                                                                7
Lead Auditor                                                                                                                  14
AVP Unit Supporting Audit                                                                                                      5
Senior Auditor                                                                                                                49



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                                                                                                                      Number
                                                       Position
                                                                                                                      (Person)
   MGR Unit Supporting Audit                                                                                              15
   Auditor                                                                                                                90
   AMGR Unit Supporting Audit                                                                                             19
   Administrative Assistant                                                                                                   4
   Retirement Preparation Period (MPP)                                                                                        1
   Total                                                                                                                 205


  Internal Auditor Certification
  In striving for the continuous professional development of auditors, Internal Audit is committed to
  consistently enhancing the competence and knowledge of auditors who proactively participate in various
  development programs and competency improvement activities. These include certified educational
  programs, both national and international, as well as relevant training, seminars, and workshops that
  support audit performance. This ongoing initiative is carried out consistently to ensure that the unit meets
  adequate qualifications as an independent and objective work unit.

  The certifications that IAD employees have obtained during 2024 (November position) are as follows:
                                      International Professional Certification                                  Realization in 2024
   Certified Internal Auditor (CIA)                                                                                      2
   Certified Bank Auditor (CBA)                                                                                          2
   Certified Information System Auditor (CISA)                                                                           6
   Certified Fraud Examiner (CFE)                                                                                        1
   Certified Information Security Manager (CISM)                                                                         3
   Certified E-Business Professional Project Management (CEPPM)                                                          4
   Certified Ethical Hacker (CEH)                                                                                        4
   Computer Hacking Forensic Investigator (CHFI)                                                                         6
   Information Technology Infrastructure Library (IT IL)                                                                 17
   Certified Data Science for Manager (CDSM)                                                                             3
   Certified Governance, Risk and Compliance Professional (GRCP)                                                         4
   Certified Governance, Risk and Compliance Auditor (GRCA)                                                              3
   Certified Integrated Policy Management Professional (IPMP)                                                            1
   Certified Integrated Data Privacy Professional (IDPP)                                                                 1
   Certified in Risk and Information System Control (CRISC)                                                              1
   Certified in the Governance of Enterprise IT (CGEIT)                                                                  1
   Certified in Cybersecurity (CC)                                                                                       4
   ISO 9001: 2015                                                                                                        10
   ISO 2001:2015                                                                                                         1
   ISO 37001: 2016                                                                                                       20
   ISO 30301: 2019                                                                                                       1


                                         National Professional Certification                                    Realization in 2024
   Risk Management Certification Level 1                                                                                 86
   Risk Management Certification Level 2                                                                                 66
   Risk Management Certification Level 3                                                                                 6
   Risk Management Certification Level 4                                                                                 2
   Risk Management Certification Level 5                                                                                 1
   Certified Bank of Internal Audit - Auditor                                                                            67
   Certified Bank of Internal Audit - Supervisor                                                                         83
   Certified Bank of Internal Audit - Manager                                                                            1
   Certified IT Procurement Expert (CITPE)                                                                               6


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                                     National Professional Certification                                       Realization in 2024
Chartered Accountant (CA)                                                                                               4
Credit Skill Omega                                                                                                      7
Compliance 1 LSPP Level Officer                                                                                         1
Certified Legal Auditor (CLA)                                                                                           1
Certified Internal Audit Executive (CIAE)                                                                               1
Archives Certification (ANRI)                                                                                           1
Communication & Leadership Skills Certification                                                                         1



Code of Ethics for Internal Auditors                                   4. Competence
In carrying out their duties and responsibilities,                        a. Perform duties in accordance with the
Internal Audit must act professionally and uphold                            knowledge, skills, and experience possessed;
the established code of ethics, which must be                             b. Conduct audits in accordance with the
adhered to by all auditors, as follows:                                      Application of Internal Audit Functions in
1. Integrity                                                                 Commercial Banks and/or other applicable
   a. Perform duties honestly, diligently, and                               audit standards; and
      responsibly;                                                        c. Continuously improve competence.
   b. Comply with laws and make disclosures in
      accordance with applicable regulations and                       Internal Audit Meetings with the Board of
      professional standards;                                          Commissioners, the Board of Directors, and
   c. Not intentionally or knowingly engage in                         Audit Committee
      prohibited or illegal activities, nor take actions
      that may damage the credibility of Internal                      Meeting Policy
      Audit and the profession of Internal Auditors;                   The Internal Audit Charter stipulates that IAD has the
      and                                                              authority to communicate directly and hold meetings,
   d. Support the goals of BNI and Internal Audit.                     both regularly and incidentally, with the Board of
2. Objectivity                                                         Directors, Board of Commissioners, and the Audit
   a. Not engage in activities or have relationships                   Committee. This is done to support the effective and
      that may create a conflict of interest;                          smooth execution of duties. These meetings are part
   b. Not accept anything that could or is perceived                   of the authority of the Internal Audit Unit to ensure
      to affect professional judgment;                                 the effectiveness of assignments.
   c. Always exercise professional judgment in
      the performance of duties in any situation or                    Meeting Frequency and Attendance Rate
      condition; and                                                   Throughout 2024, IAD has held and attended,
   d. Disclose all known facts.                                        either as participants or by presenting, 44 (forty-
3. Confidentiality                                                     four) meetings with the Board of Directors, Board
   a. Be cautious in using and safeguarding                            of Commissioners, Audit Committee, and other
      information obtained during the performance                      Committees. The frequency and attendance rate of
      of duties; and                                                   IAD meetings are outlined in the following table:
   b. Not use information for anyone’s benefit and/
      or in any way that would violate the law and/
      or company regulations.


       Number of Mandatory Meetings                         Total Attendace                             % Attendace
                     61                                           61                                        100%


                                                                                            Audit Committee      Other Committee
                    Description                          BOD Meeting        BOC Meeting
                                                                                                Meeting              Meeting
            IAD Attendance Frequency                       52 times           18 times            9 times             8 times




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  Meeting Agenda
  In 2024, 61 (sixty-one) IAD meetings were held to discuss various agendas as described in the following
  table:
    No.    Meeting Date                                        Meeting Agenda                                           Notes
     1    Jan 9, 2024         Discussion of Leading and Lagging Indicators for Risk Profile:                   Risk Monitoring
                              1. Credit, Market, & Liquidity                                                   Committee
                              2. Operational, Legal, Strategic, Compliance, Reputation
     2    Jan 30, 2024        Credit evaluation of the Commercial Banking segment, including:                  •   Risk Monitoring
                              1. Evaluation of the realization and target of the Commercial Banking                Committee
                                  segment (per CMC) in 2023, including Lessons Learned, Pain Points, Root      •   Board of Directors
                                  Causes, and improvement steps, based on the results of achieving targets/
                                  performance in 2023 and Audit findings.
                              2. Explanation of RBB targets per each CMC in 2024
                              3. Procedures/mechanisms for determining Pipeline Management for the
                                  Commercial Banking segment, as well as presentation of pipelines, target
                                  markets, priority sectors per each CMC in 2024
                              4. Evaluation of the quality of credit decisions for the Commercial Banking
                                  segment per each CMC during 2022-2024, including presentation of Vintage
                                  Analysis per quarter.
     3    Jan 23, 2024        Evaluation of the internal audit function Semester II/2023, including:           Audit Committee
                              1. Realization of IAD RAT
                              2. Main Audit Results
                              3. Progress of Follow-up of IAD and External Auditor Examination
                              4. Management of the Whistleblowing System (WBS)
     4    Feb 6, 2024         Results of the Review of the Difference in the Report Balance in 2023            Audit Committee
     5    Feb 15, 2024        Results of the IAD Review - Events of the Difference in the Report Balance in    • Board of
                              2023, based on the IAD Review Results Report No. IAD/4/187/2023/LHR/R dated        Commissioners
                              December 15, 2023                                                                • Board of Directors
     6    Mar 5, 2024         ALCO March 2024                                                                  Board of Directors
     7    Mar 19, 2024        Proposal for the Division of Directors' Duties                                   Board of Directors
     8    Mar 19, 2024        Presentation by the Deputy President Director and Head of IAD regarding:         • Deputy President
                              1. Evaluation of the Effectiveness of the Integrated Internal Control System       Director
                                  (SPI) Semester II/2023                                                       • Integrated
                              2. Evaluation of the Effectiveness of the Integrated Audit Work Unit Semester      Governance
                                  II/2023                                                                        Committee
                              3. Improvement of the quality and number of Auditors in Subsidiaries
                              4. Results of Internal Audits of Subsidiaries and their follow-up.
     9    Mar 25, 2024        Technology Management Committee – Standardization & Centralization of IT         Board of Directors
                              Overseas Office (KLN)
    10    Mar 26, 2024        Consultation on Credit Write-off Plan with Limit above Rp100 Billion to Rp200    • Audit Committee
                              Billion                                                                          • Board of Directors
    11    Apr 22, 2024        1. Crisis Management Protocol for Liquidity Risk                                 Board of Directors
                              2. Financial Performance March 2024
    12    Apr 29, 2024        Technology Management Committee – IT Project Portfolio Q1/2024                   Board of Directors
    13    Apr 30, 2024        Internal Audit Function Evaluation for Q1/2024:                                  Audit Committee
                              1. Realization of IAD RAT
                              2. Main Audit Results (including the results of the In-depth Report)
                              3. Progress of Follow-up of IAD and External Auditor Examination
                              4. Management of the Whistle Blowing System (WBS)
    14    Apr 30, 2024        Evaluation of Loan at Risk and Write-off in Corporate Banking and Enterprise     •   Audit Committee
                              Banking Segments for March 2024 position (including analysis related to          •   Board of Directors
                              credit, operational, legal and reputation risks)
    15    May 14, 2024        Evaluation of the Effectiveness of the Implementation of Anti-Fraud Strategy     • Board of Directors
                              and Whistle Blowing System (WBS) at the BNI Financial Conglomerate for the       • Integrated
                              period Smt.II/2023                                                                 Governance
                                                                                                                 Committee
    16    May 28, 2024        ALCO May 2024                                                                    Board of Directors
    17    May 30, 2024        Consultation regarding the Plan for Credit Write-Off with a limit above Rp200    • Board of
                              billion                                                                            Commissioners
                                                                                                               • Board of Directors
    18    Jun 6, 2024         Discussion on the Evaluation of BNI's Internal Control System and Evaluation     • Board of
                              of the Effectiveness & Efficiency of the Implementation of the Company's           Commissioners
                              Internal Audit Tasks                                                             • Board of Directors
    19    Jun 20, 2024        Consultation regarding the Plan for Credit Write-Off with a limit above Rp200    • Board of
                              billion                                                                            Commissioners
                                                                                                               • Board of Directors
    20    Jun 27, 2024        Consultation regarding the Plan for Credit Write-Off with a limit above Rp200    • Board of
                              billion                                                                            Commissioners
                                                                                                               • Board of Directors

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No.    Meeting Date                                      Meeting Agenda                                            Notes
21    Jun 24, 2024      Digital Maturity Assessment for Bank (DMAB)                                        Board of Directors
22    Jul 4, 2024       1. Discussion of Consultation Follow-Up on Credit Write-Off Plan with Limit        • Board of
                           Above IDR200 Billion                                                              Commissioners
                        2. Discussion of Approval on Review of General Policy of Internal Control          • Board of Directors
                           System (Kuspi) Based on Director's Letter No. Dir/368 Dated May 16, 2024
23    Jul 9, 2024       Performance Update Q2/2024                                                         Board of Directors
24    Jul 16, 2024      Internal Audit Function Evaluation for Semester I/2024:                            Audit Committee
                        1. Realization of IAD RAT
                        2. Main Audit Results (including the results of the In-depth Report)
                        3. Progress of Follow-up of IAD and External Auditor Examination
                        4. Management of the Whistle Blowing System (WBS)
25    Jul 16, 2024      Evaluation of Loan at Risk and Write-off in the Region for the position of         • Risk Monitoring
                        June 2024, as well as in-depth research especially in Regions with high LaR          Committee
                        (including analysis related to credit, operational, legal and reputation risks)    • Board of Directors
26    Jul 29, 2024      ALCO July 2024                                                                     Board of Directors
27    August 7, 2024    Technology Management Committee (KMT)                                              Board of Directors
                        1. IT Project Implementation & IT CAPEX Realization Progress
                        2. Enterprise Collaboration Platform Solutions
                        3. Core Banking Optimization
28    August 12, 2024   Performance Review July 2024: Bankwide and Region                                  Board of Directors
29    August 19, 2024   Technology Management Committee (IT Project Portfolio Q2/2024)                     Board of Directors
30    August 29,        Presentation of the Results of the Review of BNI's Internal Audit Function         • Board of
      2024              based on IAD Letter No. IAD/7.2/0755 dated August 2, 2024                            Commissioners
                                                                                                           • Board of Directors
31    Sep 17, 2024      Presentation of Deputy President Director and Head of IAD regarding:               • Deputy President
                        1. Evaluation of the Effectiveness of the Integrated Internal Control System         Director
                           (SPI) Semester I/2024                                                           • Integrated
                        2. Evaluation of the Effectiveness of the Integrated Audit Work Unit Semester        Governance
                           I/2024                                                                            Committee
                        3. Improvement of the quality and number of Auditors in Subsidiaries
                        4. Results of Internal Audit of Subsidiaries and their follow-up.
32    Sep 23, 2024      Update Go to Market Corporate Portal – Project Avatar                              Board of Directors
33    Sep 30, 2024      Kick Off Meeting for Audit Implementation by KAP RJRR (PWC) December               Board of Directors
                        2024
34    Oct 7, 2024       Financial Performance September 2024                                               Board of Directors
35    Nov 4, 2024       1. Approval of the IT Strategic Plan (ITSP) 2024-2028                              Board of Directors
                        2. It Project Implementation 2024 & IT Capex Realization 2024 Progress
36    Nov 5, 2024       Consultation on the Plan to Write-off Loans with a limit of above Rp100 Billion    •   Board of
                        to Rp200 Billion                                                                       Commissioners
                                                                                                         •     Board of Directors
37    Nov 7, 2024       1. Follow-up of audit findings and recommendations from the Bank's internal •          Board of
                           audit unit, external auditors, BPK audit, BPKP audit, OJK supervision results       Commissioners
                           and/or other authorities' supervision results as of Quarter 3, 2024.          •     Board of Directors
                        2. Consultation on the Plan to Write-off Loans with a limit of more than Rp100
                           Billion to Rp200 Billion
38    Nov 17, 2024      Financial Performance August 2024 and Financial Forecast September 2024          Board of Directors
39    Nov 12, 2024      1. Agenda I: Evaluation of 2024 Integrated Governance Guidelines                 • Board of Directors
                        2. Agenda II: TKT Committee Work Plan for 2025                                   • Integrated
                                                                                                           Governance
                                                                                                           Committee
40    Nov 19, 2024      Consultation on the Plan to Write-off Loans with a limit of above Rp100 Billion • Audit Committee
                        to Rp200 Billion                                                                 • Board of Directors
41    Nov 25, 2024      Performance Review November 2024                                                 Board of Directors
42    Dec 2, 2024       Technology Management Committee (KMT)                                            Board of Directors
                        1. IT Project Implementation & IT CAPEX Year 2024 & 2025 Update
                        2. Core Banking Update
43    Dec 3, 2024       Discussion regarding the update of wondr by BNI application                      • Board of
                                                                                                           Commissioners
                                                                                                         • Board of Directors
44    Dec 3, 2024       Consultation on the Plan to Write Off Loans with Limit above Rp100 Billion to    • Audit Committee
                        Rp200 Billion                                                                    • Board of Directors
45    Dec 4, 2024       Kick Off Preparation of Annual Report and Sustainability Report BNI Year 2024 Board of Directors
46    Dec 5, 2024       Consultation on Credit Write-off Plan with limit above Rp200 Billion.            • Board of
                                                                                                           Commissioners
                                                                                                         • Board of Directors
47    Des 5, 2024       Discussion of Request for Approval of the Review of Bank Credit Policy (KPB)     • Board of
                        Year 2024                                                                          Commissioners
                                                                                                         • Board of Directors

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    No.    Meeting Date                                        Meeting Agenda                                             Notes
    48    Dec 5, 2024         Discussion on Follow-up Recommendations on the Implementation of the               Audit Committee
                              Review of the Internal Audit Function in 2024 by PT RSM Konsultan Indonesia
    49    Dec 5, 2024         Consultation on the Plan to Write-off Loans with a limit of more than Rp200        •
                                                                                                              Board of
                              Billion                                                                         Commissioners
                                                                                                           • Board of Directors
    50    Dec 5, 2024         Discussion of Request for Approval of Review of General Policy on Risk       • Board of
                              Management (KUMR) and General Policy on Integrated Risk Management and          Commissioners
                              Integrated Capital (KUMRT) Year 2024                                         • Board of Directors
    51    Dec 9, 2024         Proposed Policy for the Write-off of Bad Debts of MSME Debtors in accordance Board of Directors
                              with Government Regulation No. 47 Year 2024
    52    Dec 9, 2024         Discussion on Corporate Guidelines for Bank Financial Reporting Integrity    Board of Directors
    53    Dec 12, 2024        Consultation on the Plan to Write-off Loans with a limit of more than Rp200  • Board of
                              Billion.                                                                        Commissioners
                                                                                                           • Board of Directors
    54    Dec 12, 2024        Discussion of Evaluation of BNI Payment Services, including policies,        • Board of
                              governance, risk management, ownership and control structure, and               Commissioners
                              information system security standards in BNI Payment Services.               • Board of Directors
    55    Dec 17, 2024        Discussion of the Board of Commissioners' Approval of the MSME Debtor        • Board of
                              Write-off Policy in accordance with Government Regulation No. 47 of 2024        Commissioners
                                                                                                           • Board of Directors
    56    Dec 19, 2024        Discussion of General Policy on Internal Control System (KUSPI) and Internal • Board of
                              Control Over Financial Reporting (ICOFR)                                        Commissioners
                                                                                                           • Board of Directors
    57    Dec 19, 2024        Town Hall Meeting                                                            Board of Directors
    58    Dec 19, 2024        Financial Performance Update November 2024 & Prognosis December 2024         Board of Directors
    59    Dec 23, 2024        Debtor Post Mining Guarantee Fund                                            Board of Directors
    60    Dec 24, 2024        BNI Financial Conglomeration Examination Report Year 2024                    Integrated
                                                                                                           Governance
                                                                                                           Committee
    61    Dec 27, 2024        Update on Digital Maturity Assessment for Bank (DMAB) Progress               Board of Directors



  Training and Competency Development of the Internal Audit Unit in 2024

  Development of Internal Audit Human Resources Competencies
  IAD is committed to developing the competencies and capabilities of its auditors. To support this
  development, IAD has established a training/refreshment policy requiring all auditors to participate in a
  capability enhancement program at least once a year. The competency development programs implemented
  by IAD throughout 2024 are as follows:

                Competency Development/Training Materials                               Organizer               Implementation Time
   Annual Training
   Auditor Annual Training                                                      BNI University (BNU) & IAD            January 2024
   Online/Offline Sharing Session & Webinar
   Webinar with the theme “BNI Receivable Solution”                                BNI University (BNU)                March 2024
   Sharing Session on PDP Law with the theme “What Next to Do to                    FORDIGI BUMN in                    May 2024
   Implement PDP Law for BUMN”                                                    collaboration with Jasa
                                                                                      Marga and PGN
   Webinar with the theme “Opportunities for Credit Growth After the                   OJK Institute                   May 2024
   End of the Credit Restructuring Policy”
   Anti Fraud Awareness Webinar - “Avoid Online Gambling and Illegal               BNI University (BNU)                May 2024
   Online Loans”
   Webinar with the theme “Opportunities and Challenges of Personal                    OJK Institute                   May 2024
   Data Protection in transactions in the Digital era”
   Webinar Governance, risk, & Compliance Series 1-3 “Risk Mitigation              BNI University (BNU)                June 2024
   through Cyber Security Strategy and the Role of Integrated GRC as
   the Key to Resilience and Sustainable Business growth”
   Webinar Business Ethic Series 1-3: “Ensuring Compliance: Social                 BNI University (BNU)                July 2024
   Media in Regulated Industry and Organizational Strengthening
   through Conflict of Interest Prevention and Management”
   Webinar with the theme “Transparency and Public Information                  Central Information                  September 2024
   Disclosure in BNI Consumer Protection”                                    Commission of the Republic
                                                                                   of Indonesia

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           Competency Development/Training Materials                                 Organizer               Implementation Time
PDP Socialization Series 1-3: “Data Privacy and Data Protection                 BNI University (BNU)            September 2024
Awareness”
Sharing Session by Wealth Management Division (WEM) with the              Wealth Management (WEM)                October 2024
theme:
1. Money and Debt Management
2. Investment (Mutual Funds, Bonds) and Risk Management
3. Other literacy related to Financial Planning
Leadership Series webinar with the theme:                                       BNI University (BNU)            November 2024
1. Optimizing Organizational Transformation Through Strategic
   Delegation
2. Leadership Development & Organizational Resilience in a
   Transforming Industry
3. Experience the Agile & Digital Mindset - Transforming Markets &
   Fostering Collaboration
4. Developing a Global Mindset Towards Future Business
   Ecosystems
Socialization of Digi Code/DigiCM                                           Policy Governance (PGV)            Descember 2024
Socialization of wondr by BNI Version 1.2.0                               Retail Digital Channel (RDC)         Descember 2024
Certification Training Program
Certified Internal Auditor (CIA) Learning Program and CIA Exam             Institute of Internal Auditor      July – October 2024
Implementation                                                                          (IIA)
Certified Information Systems Auditor (CISA) Learning Program and          Information Systems Audit          July – October 2024
CISA Exam Implementation                                                     and Control Association
                                                                                    (ISACA)
Certified in Cybersecurity (CC-ISC2) Learning Program and CC Exam          International Information         August - Descember
Implementation                                                           Systems Security Certification             2024
                                                                               Consortium (ISC2)
Bank Internal Audit Competency Test and Certification Debriefing -           Internal Bank Auditor             March - July 2024
Auditor Level                                                             Association (IAIB) & Banking
                                                                           Professional Certification
                                                                                Institute (LSPP)
Debriefing of Competency Test and Certification for Bank Internal         IAD & Banking Professional         August - September
Audit - Audit Supervisor Level                                            Certification Institute (LSPP)            2024
Competency Test Debriefing and Bank Internal Audit Certification -           Internal Bank Auditor                   March 2024
Audit Manager Level                                                       Association (IAIB) & Banking
                                                                           Professional Certification
                                                                                Institute (LSPP)
Implementation of Risk Management Certification (SMR)                        BNI University (BNU)              July - Descember
Qualification Level 4 (Equivalent to Level 1)                               & Banking Professional                    2024
                                                                          Certification Institute (LSPP)
Risk Management Certification Maintenance Program (SMR)                      BNI University (BNU)              July - Descember
Qualification Level 5 (Equivalent to Level 2 & 3)                           & Banking Professional                    2024
                                                                          Certification Institute (LSPP)
Risk Management Certification Maintenance Program (SMR)                      BNI University (BNU)              July - Descember
Qualification Level 6 (Equivalent to Level 4)                               & Banking Professional                    2024
                                                                          Certification Institute (LSPP)
In-House Online Training
Mandatory E-Learning:                                                           BNI University (BNU)         January – Descember
• Gratification Control & Anti-Bribery Management System                                                             2024
• Anti Fraud Awareness
• Anti-Money Laundering
• Work Culture
• Good Corporate Governance
• Risk Culture
• Sustainability Finance
• Security Awareness
Internal Sharing Session
In addition to the above auditor competency development, IAD always improves auditor competency through internal
sharing sessions to improve audit skills and accelerate auditor knowledge of the latest BNI business developments.
Sharing Knowledge with the theme “Inspection of Commercial                              IAD                          July 2024
Business Centers and Branch Offices”
Sharing Session with the theme “Evaluation of Audit Process                             IAD                          July 2024
Semester 1”
Sharing Session with the theme “Navigating Global International                         IAD                          July 2024
Audit Standard (GIAS) in IAD BNI”

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                Competency Development/Training Materials                                Organizer               Implementation Time
   Sharing Session with the theme “PP Update regarding CCTV Outlet”                         IAD                       August 2024
   Sharing Session with the theme “Global International Audit                               IAD                       August 2024
   Standard & Audit RCC Jakarta Kota”
   Quality Month with the theme “Implementation of POJK No.22/2024                          IAD                       August 2024
   on Consumer and Community Protection in the Financial Services
   Sector”
   Socialization of Distribution of Audit Result Details (RHA) and Audit                    IAD                     September 2024
   Result Report (LHA)
   Sharing Session with the theme “Key Take Away of OJK Digital                             IAD                      October 2024
   Resilience Guide”
   Sharing Session with the theme “The Security Habits”                                     IAD                      October 2024
   Sharing Session with the theme “Implementation of New Sales                              IAD                    Descember 2024
   Model and Related Issues and Their Impact on Sales Performance”
   Sharing Session with the theme “Restructuring Implementation”                            IAD                    Descember 2024
   Sharing Session with the theme “Integrated Commercial Bank                               IAD                    Descember 2024
   Report (LBUT)”
   Sharing Session with the theme “Collective Account Opening                               IAD                    Descember 2024
   Process”
   Sharing Session with the theme “Financial Information Service                            IAD                    Descember 2024
   System (SLIK)”
   Sharing Session with the theme “Re-understanding the Business                            IAD                    Descember 2024
   Group”
   Sharing Session with the theme “Whistleblowing System (WBS)”                             IAD                    Descember 2024
   Conference/Workshop
   Road to Internal Auditor Conference 2024 Seminar with the theme            Education Foundation Internal             May 2024
   “Global Internal Audit Standards (GIAS) with Local Perspective:                    Audit (YPIA)
   Exploring the Practice of Internal Auditing”
   Workshop Navigating The Global Internal Audit Standards                      Institute of Internal Auditor           June 2024
                                                                                       (IIA) Indonesia
   Regional ACIIA 2024 Conference with the theme: ‘Purposeful Impact’           Institute of Internal Auditor         August 2024
                                                                                       (IIA) Indonesia


  Development of Internal Audit Leader Competencies
  In 2024, the Head of Internal Audit has participated in a number of training sessions, seminars, workshops,
  and certification programs related to the auditing profession, with the following details:
                                                                              Date
    No.                            Activity Title                                                           Organizer
                                                                          Implemented
     1    Certified Bank of Internal Audit (CBIA) Audit Manager-              2024         Banking Professional Certification
          Qualification VI KKNI                                                            Institute (LSPP)
     2    Bank Internal Audit Certification Debriefing, Audit                 2024         Internal Bank Auditors Association (IAIB)
          Manager Level
     3    Bank Internal Audit Certification Debriefing, Audit                 2024         Internal Bank Auditor Association (IAIB)
          Supervisor Level
     4    Bank Internal Audit Certification Debriefing, Auditor               2024         Bank Internal Auditor Association (IAIB)
          Level
     5    JK 6 Risk Management Certification                                  2024         National Professional Certification Agency
                                                                                           (BNSP)
     6    AKPI Continuing Education - AYDA in the Bankruptcy                  2024         Indonesian Curators and Administrators
          Estate Disposal Process and the Constraints that Arise                           Association (AKPI)
          in Practice.
   Public Training/Conference
     1    BoD-1 Top Talent Program (TOP GUN) Cohort 1 (BUMN                   2024         BUMN School of Excellence (BSE) &
          School of Excellence dan IMD Business School)                                    IMD Business School - Swiss
     2    Global Immersion with the theme “Global Business                    2024         BUMN School of Excellence (BSE) &
          Perspective and Leadership”                                                      IMD Business School - Swiss




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Participation in the Internal Audit Unit Professional Association
In order to broaden horizons and improve professional competence amidst various industry challenges,
Internal Audit involves internal auditors in various audit-related professional associations, including:

Internal Audit Participation in External Organizations
  Name of Internal                                         Name of Association/ Scope of Association/                 Membership
                                    Position
     Auditor                                                  Organization          Organization                        Role
Johansyah               Head of IAD                        The Institute of                International       Member
                                                           Internal Auditors -
Dias Puspita            Head of Auditor Digital Retail     Indonesia (IIA)
                        Audit
Johansyah               Head of IAD                        Perhimpunan Bank                  National          Member of
                                                           Nasional (PERBANAS)                                 Perbanas Law
                                                                                                               and Regulations
                                                                                                               Working Committee
Laksmi Sofiatin         •   Network & Retail Audit         Ikatan Auditor Intern             National          •   Head of Research
                            Department Head                Bank (IAIB)                                             & Development
                        •   Head of Auditor Wholesale                                                          •   Certification &
Adnan Rifanadhi             & International Business                                                               Ethics Manager
                            Audit Department                                                                   •   Research and
                        •   Lead Auditor Wholesale &                                                               Development
Nanny Handayani             International Business Audit                                                           Management
                            Department
Laksmi Sofiatin         Network & Retail Audit             Ikatan Akuntan                    National          Member
                        Department Head                    Indonesia (IAI)
M. Irfan Maulana        •   Audit & Surveillance           Information Systems             International       •   Marketing &
                            Department Head                Audit and Control                                       Communication
                                                           Association (ISACA)                                     Director
Dias Puspita            •   Head of Auditor Digital                                                            •   Member
                            Retail Audit
Imam Wibowo Sakti       Corporate Function &               Association of                  International       Member
                        Subsidiaries Audit Department      Certified Fraud
                        Head                               Examiner (ACFE)
Yazid Priadi Erfiandi   Head of Auditor IT Strategy        International                   International       Member
                        Audit                              Information System
                                                           Security Certification
                                                           Consortium (ISC2)
Marvel Ganda Alvaro Auditor Subsidiaries,                  Open Compliance and             International       Member
                    Governance, Risk, &                    Ethics Group (OCEG)
                    Compliance Audit



Internal Audit Work Plan for 2024                                 4. Monitoring IT capability, support, and security to
In order to support BNI’s strategic goals for 2024,                  support business transactions and operational
Internal Audit has prepared an initiative strategy                   excellence.
outlined in the 2024 Internal Audit Business Plan and             5. Value-added services through activities such
Annual Audit Plan. These are explained as follows:                   as consulting, surveillance, whistleblowing
1. Monitoring the Expansion of Quality Business                      systems, and liaison activities.
   with the following scope:                                      6. Enhancing audit methodology and tools to
   a. Top Tier Clients and Priority Sectors;                         support business processes in the digital era.
   b. RM/Sales Productivity;                                      7. Strengthening and developing auditors to
   c. Retail Banking;                                                support high-quality audit activities.
   d. Pipeline Management
2. Monitoring the optimization of digital channels                Based on the analysis of BNI’s strategic policy
   and business networks to enhance transaction                   direction for 2024, risk assessment, audit execution
   banking and improve business processes.                        priorities, human resource availability, and the
3. Monitoring the optimization of the BNI Group                   challenges facing Internal Audit, as well as the
   through overseeing international business and                  banking digitalization trend to meet customer needs
   subsidiaries.                                                  through digital-based transactions. Internal Audit
                                                                  Unit has established the audit execution strategy for
                                                                  2024 as follows:




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  1. Optimal Collaboration with Assurance Functions,                                c. Conduct mandatory audits to comply with
     including SORX, CMP, ORM, ERM, AFR, and SKAI                                       regulatory requirements.
     Subsidiaries, which includes:                                               3. Improvement        Business    Process    through
     a. Optimizing SORX output data as risk mapping                                 continuous monitoring & surveillance audit
         data for IAD.                                                              including:
     b. Utilization of exception report and selected                                a. Optimization of data analytics surveillance
         report data from the IAD Surveillance unit to                                  for general audits and thematic audits with a
         support SORX examination as BNI’s internal                                     more focused audit sample determination.
         assurance provider.                                                        b. The Annual Audit Plan is reviewable and
     c. Dividing the investigation function with                                        adjusts to the development of BNI›s business.
         SORX;                                                                   4.The implementation of in-depth audits is optimized
     d. Optimizing ERM and ORM output data as risk                                  by utilizing mandays from the Investigation &
         mapping data for IAD;                                                      System Whistleblowing Department.
     e. The audit investigation forum to determine                               5. Available mandays are optimized for continuous
         the investigation execution;                                               auditing, consultation, audit sharing, and auditee
     f. Dividing the investigation function with AFR;                               monitoring.
     g. Integration between the Internal Audit Units                             6. Enhancement of the Audit on Management
         (SKAI) of BNI and its subsidiaries.                                        System (FAST) through Enhancement of Data &
  2. Audit Focus is Directed at the Strategic Level,                                Technology Refreshment process for the Audit
     aligned with Stakeholder Concerns and BNI’s                                    Management System, currently being carried out
     Strategic Direction for 2024.                                                  by the Information Technology Work Unit (SKTI).
     a. Increase audits on strategic activities/issues
         so that they can recommend and improve                                  Report on the Realization of Internal Audit
         business processes at BNI.                                              and Consulting Assignments for 2024
     b. Optimize the consultation function, including                            BNI’s Internal Audit has completed 122.08% of the
         through Independent Reviews of new                                      planned audit assignments throughout 2024, in line
         product/activities issuance, reviews, and the                           with the initial assignment plan (163 assignments).
         monitoring of projects for digital business                             The realization of audit delivery channels, divisions,
         development at BNI, as well as assigning IAD                            overseas offices, and subsidiaries reached 109.86%,
         employees to specific project teams while                               while the realization of thematic audits, IT activities,
         maintaining independence, objectivity, and                              non-IT applications, IT applications, independent
         the Internal Audit Code of Ethics.                                      reviews, consultations, and mandatory audits
                                                                                 reached 131.52%, as follows:


                                                    Audit Assignments in 2024

                                                                                                                  70
                        Delivery Channel including KLN
                                                                                                                   73   104%
                                                                                29
                                       Mandatory Audit
                                                                                29       100%
                                                                 0
                                                 Division
                                                                 1 100%
                                                                 1
                                             Subsidiaries
                                                                   4   400%
                                                                                          40
                              Non IT/Thematic Activities
                                                                                                             59    147.5%
                                                                       14
                                   IT/Application/Project
                                                                        16     114.29%
                                                                   4
                                             Consultation
                                                                       15      375%
                                                               2
                                          Surprise Audit
                                                               2 100%

                                                            Target Full Year      Realization




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In 2024, IAD conducted both regular and ad-hoc                      7. Independent Review feature of Auto Top Up
audits. Regular audits are planned activities outlined                  E-Wallet & Activation of Dormant Account on
in the annual audit plan and are performed using                        wondr by BNI.
a risk-based audit approach. Meanwhile, ad-hoc                      8. Audit of Regulatory Ratio and Reporting
audits are special activities outside the annual work                   Compliance at KLN
plan, carried out based on discussions or requests                  9. Review of the Update of the International
from management, the auditee, or IAD’s initiative.                      Business PP (including CCOB & CMOB)
                                                                    10. Review of BNIdirect
The implementation of regular and ad-hoc audits                     11. Limited Review of E-Channel Activation at
conducted by Internal Audit throughout 2024 is                          Renon Branch in 2024
explained as follows:                                               12. Consultation for the Java Jazz Festival Event
A. IAD carried out 4 ad-hoc assignments, as follows:                    in 2024
   1. Audit     of    Investment     Fund   Product                 13. Review of Cybersecurity Maturity Level
      Management at the Palu Branch                                     Assessment
   2. Audit     of    Investment     Fund   Product                 14. Consultation on NRA for KUR write-offs
      Management at the Manado Branch                               15. Branch Office Consultation - Debtor Deposit
   3. Audit of the Basic Interest Rate (SBDK) Data                      Management
      Verification Activity for KUR in 2023
   4. Administration of the BNI Wave I                          Submission of Audit and Consultation Results in the
      Transformation Project.                                   form of an Audit Result Report (LHA) is submitted
                                                                and reported to the President Director, Board of
B. IAD conducted a total of 23 investigative                    Commissioners, Audit Committee, and Director
   audits with details of 10 assignments for credit             of Human Capital & Compliance, and the Sector
   examination, 13 assignments for non-credit                   Director in charge of the auditee.
   examination.
                                                                Follow-up on Audit Results
C. IAD also provided consulting services, both formal           As part of the audit process, after the audit report
   and informal, including Independent Reviews of               is completed, Internal Audit is required to monitor
   new product launches/activities that can be used             the audit results. Monitoring activities aim to
   to meet OJK requirements, overseeing specific                determine and ensure that follow-up actions on
   events based on requests from the auditee,                   audit results, including the resolution of Internal
   management, or IAD’s initiative. The consulting              Audit Recommendations and the Board of Directors
   services during 2024 were as follows:                        Dispositions, are carried out by the auditee and
   1. Independent Review of Direct Debit BI-FAST                other relevant parties.
   2. Independent Review of Request for Payment
      BI-FAST                                                   Every quarter, Internal Audit submits progress on
   3. Independent Review of the Development of                  the resolution of audit follow-ups in the form of
      Credit Card Indonesia Features and Online                 a Pending Audit Follow-up Report to the Board of
      Payment Acceptance                                        Directors, SEVP, and the Board of Commissioners
   4. Independent Review of QRIS Cross Border                   through the Audit Committee. This report plays a
   5. Independent Review of Corporate Portal -                  key role in monitoring the progress of audit follow-
      Project Avatar                                            up resolution, encouraging faster completion, and
   6. Independent Review of New BNI Mobile                      serves as the basis for evaluation and performance
      Banking (wondr by BNI)                                    monitoring of BNI.




Number of Internal Audit Findings and Follow-up in 2024
The level of completion of pending follow-up, Audit Recommendations and Directors’ Disposition on audit
results for 2022-2024 are as follows:
                     Description                         December 31, 2024    December 31, 2023         December 31, 2022
Total Due                                                       22,281                25,655                   16,976
Completed                                                       22,255                23,643                   16,927
Completion Progress                                             99.88%               92.16%                    99.71%




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  In relation to the role of Internal Audit as a liaison for external parties, such as the OJK, BI, BPK, and KAP,
  BNI’s IAD also monitors the follow-up on the results of external audits. Throughout 2024, the follow-up on
  external audit results is reflected in the table below:
                                                                                                         2024
                                      External Audit
                                                                                        Completed                 In Progress
   Bank Indonesia (BI)                                                                          127                      3
   Financial Services Authority (OJK)                                                           994                      0
   Indonesian Audit Board (BPK RI)                                                              380                     72
   Public Accountant Firm (KAP)                                                                  13                      0



  Assessment and Evaluation of the Internal                           To support BNI’s goal of becoming a leading
  Audit Unit’s Performance in 2024                                    financial institution in service and performance, in
  In 2024, the Internal Audit Department (IAD) achieved               alignment with BNI’s Corporate Plan, the integrated
  a User Satisfaction Survey (USS) Index score of 3.93,               internal audit activities with Subsidiaries are carried
  an improvement from the previous year’s score of                    out by the Integrated SKAI in accordance with the
  3.91. This reflects enhancements in the quality and                 provisions of OJK Regulation No. 1/POJK.03/2019
  effectiveness of the Internal Audit function at BNI.                on the Implementation of Internal Audit Functions
                                                                      for Commercial Banks, OJK Regulation No. 18/
  Performance evaluation was also conducted through                   POJK.03/2014 dated November 18, 2014, and OJK
  the distribution of questionnaires to auditees                      Circular Letter No. 15/SEOJK.03/2015 dated May 25,
  and their supervisors after the audit process. The                  2015, regarding the Implementation of Integrated
  assessment covered various aspects, including audit                 Governance for Financial Conglomerates. In
  management, audit execution, reporting of audit                     carrying out its duties and responsibilities, the
  findings and IAD recommendations, as well as the                    Integrated SKAI within BNI’s Financial Conglomerate
  competency, professionalism, and communication                      refers to the Integrated Audit Implementation
  of the audit team. The evaluation yielded an average                Procedures and the 2023 Integrated Governance
  score of 4.58 out of a maximum of 5.                                Guidelines for BNI’s Financial Conglomerate. These
                                                                      written guidelines serve as the foundation for the
                                                                      Internal Audit of BNI as the EU and the SKAI of the
  Integrated Internal Audit Work                                      Financial Services Institutions (LJK), members of
                                                                      the BNI Conglomerate, in applying the integrated
  Unit (SKAIT)                                                        supervisory and monitoring functions aimed at
                                                                      enhancing the quality of the Integrated Internal
  In order to implement comprehensive and effective                   Audit Governance.
  Integrated Governance (TKT), BNI, as the Parent Entity
  (EU), has incorporated the function of integrated                   In its role as the Integrated SKAI, Internal Audit
  internal audit within its Internal Audit organization               routinely coordinates and communicates with the
  to oversee the application of internal audit functions              SKAI of Subsidiaries through joint communication
  across each Financial Services Institution (LJK)                    forums, sharing knowledge on audit methodologies,
  within the BNI Financial Conglomerate (KK). Acting                  and integrating audit planning, execution, and
  as a professional, independent, and objective                       reporting to support the implementation of Integrated
  business partner to Management, BNI’s Internal                      Governance (TKT) for BNI’s financial conglomerate.
  Audit strives to perform assurance and consulting                   This collaboration includes knowledge sharing on
  functions independently and objectively, while                      audit methodologies, as well as integration in audit
  integrating with the Internal Audit Work Unit (SKAI)                planning, execution, and reporting.
  of Subsidiaries to provide recommendations that can
  add value to the enhancement of risk management
  effectiveness, internal controls, and the overall
  quality of governance processes.




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The audits conducted at the Subsidiary level are carried out by the Integrated SKAI using BNI’s audit
standards. The audit results are then presented in an Integrated Internal Audit Report, which is submitted
to the Board of Commissioners, the Director responsible for overseeing the BNI-owned Financial Services
Institutions (LJK), and the Director overseeing BNI’s Compliance function.

Organizational Structure of the Integrated SKAI in BNI’s Financial Conglomerate
The organizational structure of the Integrated SKAI within BNI’s Financial Conglomerate as of December 31,
2024, is as follows:




                                                PT Bank Negara Indonesia (Persero) Tbk




        PT BNI Multifinance               PT BNI Sekuritas                PT BNI Life Insurance              PT Bank Hibank

        Financing Company                 Stock Company                    Insurance Company                      Bank




                           PT BNI Asset
                                                         BNI Securities, Pte. Ltd.
                           Management
                       Investment Manager                    Stock Company



In carrying out its duties, the Integrated SKAI of BNI’s              4. Monitoring the follow-up actions of internal audit
Financial Conglomerate may conduct audits on                             results in an integrated manner and reporting
members of the conglomerate, either individually,                        the outcomes to the CEO and the Board of
through joint audits, or based on reports from the                       Commissioners of the Parent Entity, with copies
SKAI of the conglomerate members. Furthermore,                           sent to the Director overseeing the Compliance
the Integrated SKAI ensures that audit findings                          Function.
and recommendations from the Integrated SKAI,                         5. Delivering the integrated internal audit report to
external auditors, results from OJK supervision, and/                    the CEO, the Director designated to oversee the
or the supervision of other authorities have been                        LJK of the Financial Conglomerate, the Board
followed up by the members of the BNI Financial                          of Commissioners of the Parent Entity, and the
Conglomerate.                                                            Director responsible for the Compliance Function
                                                                         of the Parent Entity.
Duties and Responsibilities of the Integrated                         6. Monitoring and overseeing the follow-up
SKAI                                                                     of recommendations from the Integrated
The Integrated SKAI has a range of duties and                            Governance Committee.
responsibilities, including:                                          7. The Parent Entity’s SKAI, operating under theThree
1. Determining the strategy for the internal audit                       Lines Model, ensures internal controls across
   execution of subsidiary companies.                                    all lines within the BNI Financial Conglomerate
2. Evaluating and formulating the principles of                          by conducting audits and consultations for the
   Internal Audit, providing input on the adequacy                       LJK members of the Conglomerate. The Parent
   of methodologies, policies, and audit procedures                      Entity’s SKAI can audit and consult with the LJK
   for the SKAI of the Financial Services Institution                    members without needing approval from the
   (LJK) members of the Financial Conglomerate,                          Board of Commissioners of the respective LJK.
   in accordance with the size, characteristics, and                  8. The Parent Entity’s SKAI conducts internal
   complexity of the LJK members. This evaluation                        supervision over all operational and business
   spans all stages of the audit process, including                      areas, coordinating with the internal audit
   planning, execution, reporting, and monitoring                        functions of the LJK members of the
   follow-up actions for resolution and quality                          Conglomerate, as outlined in the internal audit
   control measures.                                                     charter.
3. Presenting the key findings of the integrated                      9. Promoting synergy in the development of
   audit to the Chief Executive Officer (CEO) and                        auditors for the SKAI of the LJK members of the
   the Board of Commissioners of the Parent Entity,                      Financial Conglomerate, in collaboration with
   with copies sent to the Director overseeing the                       BNI’s SKAI, as outlined in the Memorandum of
   Compliance Function of the Parent Entity.                             Understanding (MoU) for Integrated Audit Quality
                                                                         Development for BNI’s Financial Conglomerate.

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  In addition to these primary duties, the Integrated                 C. Integrated Audit Execution
  SKAI also conducts periodic reviews of the Integrated                  The integrated audit is conducted through the
  Governance Guidelines and evaluates the Structure,                     following mechanisms:
  Processes, and Outcomes of Integrated Governance                       a. Individual audits carried out by IAD.
  every semester to assess the Governance Structure,                     b. Joint audits.
  Governance Process, and Governance Outcome of
  the Integrated Audit Unit.                                          D. Development of Integrated Auditor Competence
                                                                         IAD and the SKAI of the Subsidiaries collaborate
  Scope of Integrated Internal Audit                                     on auditor development, which may include the
  The scope of integrated internal audits encompasses                    following mechanisms:
  the entire business group within BNI’s Financial                       a. IAD involves the SKAI of the Subsidiaries in
  Conglomerate. This audit involves all aspects and                          joint training sessions, such as the Refreshing
  activities of the LJK members of the Financial                             Auditor program.
  Conglomerate, both directly and indirectly. The                        b. IAD and the SKAI of the Subsidiaries offer
  audit process adheres to applicable regulations and                        internship opportunities for auditors within
  considers the size, characteristics, and complexity                        the Subsidiaries or at IAD BNI.
  of each LJK within the conglomerate. To fulfill these
  responsibilities, including the development of audit                E. Integrated Audit Reporting
  quality, Internal Audit (IAD) and the SKAI of the                      1. The SKAI of the Subsidiaries submits quarterly
  Subsidiaries integrate their internal audit functions,                    internal audit reports to IAD BNI through the
  covering the following areas:                                             integrated internal audit communication
                                                                            forum. These reports must include at least the
  A. Integrated Audit Methodology                                           following information:
     IAD and the SKAI of the Subsidiaries align                             a. The Annual and Periodic Audit Plans of the
     and evaluate the methodologies, policies, and                              Subsidiaries’ SKAI.
     procedures of each subsidiary’s internal audit.                        b. The implementation of audits by the SKAI
     This alignment process includes the following                              of the Subsidiaries.
     steps:                                                                 c. Key findings from the audits conducted by
     a. IAD coordinates the alignment of the risk-                              the SKAI of the Subsidiaries and external
        based audit methodology used by the SKAI of                             audits within the Subsidiaries.
        the LJK Subsidiaries.                                               d. Follow-up actions on the audit findings of
     b. IAD provides input on the adequacy of the                               the SKAI of the Subsidiaries, IAD BNI, and
        subsidiaries’ audit policies and SOPs.                                  external audits.
                                                                            e. The Internal Audit Maturity Profile of the
  B. Integrated Audit Planning                                                  Subsidiaries.
     IAD and the SKAI of the Subsidiaries prepare the                    2. IAD submits the Integrated Internal Audit
     Annual Integrated Audit Plan with the following                        Report, which includes information on the key
     mechanisms:                                                            findings of the integrated internal audit and
     a. IAD provides input on the annual audit plan                         the follow-up actions on the integrated audit
        prepared by the SKAI of the Subsidiaries,                           results. The reporting schedule is as follows:
        based on the defined audit focus.                                   a. The report is submitted to the Director
     b. Information from the SKAI of the Subsidiaries’                          designated to oversee the Subsidiaries
        audit results is used by IAD for evaluation                             within the Financial Conglomerate and
        when drafting the integrated audit plan.                                the Director overseeing the Compliance
     c. IAD consolidates the integrated annual audit                            Function at the Parent Entity on a quarterly
        plan and submits it to the CEO and Board of                             basis.
        Commissioners of the Parent Entity.                                 b. The report is submitted to the Board of
                                                                                Commissioners of the Parent Entity every
                                                                                semester.




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Implementation of Integrated Audit                              7. Discussing         Follow-up       Actions       on
Activities in 2024                                                  Recommendations and Advice from the BNI
Throughout 2024, the Integrated SKAI has conducted                  Board of Commissioners concerning the
monitoring and reporting of the execution of                        Subsidiaries.
integrated internal audits, which were periodically             8. Conducting Joint Audits with BNI Securities’
reported to the Compliance Director and the Board                   SKAI, focusing on business performance,
of Commissioners of the Parent Entity (EU). In this                 business activities, and procurement.
regard, BNI’s Internal Audit, in collaboration with             9. Sharing Audit Programs with BNI Finance,
the SKAI of the Subsidiaries, has undertaken various                covering activities related to Anti-Money
efforts to ensure the implementation of integrated                  Laundering (APU PPT & PPPSPM) and accounting
internal audits aligns with OJK expectations. These                 activities.
efforts include the following initiatives:                      10. Organizing Training for all auditors in the Parent
1. Conducting Work Meetings with the SKAI of the                    Entity and Subsidiary SKAIs, covering topics
   Subsidiaries and the Subsidiaries Management                     such as Communication Skills and Information
   Division, with the agenda focusing on:                           & Technology Audits (including System
   a. Aligning the execution of the 2024 Audit                      Development Life Cycle and Cybersecurity).
       Work Plans between the Parent Entity and the                 Additional training was also provided on BNI’s
       Subsidiaries.                                                projects and applications, including Retail Credit
   b. Implementing       a    combined      assurance               Tools, Project Management, and Retail Products.
       mechanism within the Subsidiaries.
   c. Developing the Audit Management System
       within the Subsidiaries
2. Holding Quarterly Communication Forums for
                                                                Compliance Function
   the Integrated Audit Unit, consistently conducted
   each quarter, including: First Quarter in April              The increasing challenges and risk exposures faced
   2024, Second Quarter in July 2024., Third Quarter            by the national financial services sector require BNI
   in October 2024, Fourth Quarter in January 2025.             to continue to adapt to changes and developments
   These forums discuss the following:                          in information technology that occur while ensuring
   a. Realization of the Subsidiaries’ SKAI Audit               the conformity of daily operational implementation
       Work Plan.                                               to the principles of good governance and applicable
   b. The 2025 Audit Plan for the SKAI of the                   laws and regulations. For this reason, BNI established
       Subsidiaries.                                            the Compliance Function as a special work unit
   c. Key Results of the Subsidiaries’ SKAI Audit.              responsible for establishing an internalized and
   d. Progress on Follow-up Actions from the                    organized compliance culture. In addition, BNI, as
       Subsidiaries’ SKAI Audit, IAD, and External              the Main Entity in the BNI Financial Conglomerate
       Audits (such as BPK, BI, OJK, etc.).                     and in order to implement Integrated Governance
3. Developing the Methodology for Internal Control              for the Financial Conglomerate has also added an
   System (SPI) Assessment for the Subsidiaries,                Integrated Compliance Function to the structure of
   tailored to the relevance of each Subsidiary’s               the BNI Financial Conglomerate.
   organization.
4. Updating the Implementation Guidelines for                   In the Bank’s daily operations, the BNI Compliance
   the Internal Control System (SPI) within the                 Function carries out preventive (ex-ante) efforts to
   Subsidiaries, including updates or additions of              prevent or minimize compliance risks in business
   sub-parameters and updated scoring within the                activities, in addition to ensuring that policies,
   sub-parameters.                                              provisions, systems and procedures, as well as
5. Conducting Self-Assessment Evaluations of the                business activities carried out by the Bank are in
   Internal Control System (SPI) for each Subsidiary            accordance with OJK provisions and statutory
   every semester.                                              regulations and comply with applicable banking
6. Monitoring the Maturity Profile of the SKAI                  rules. By optimizing the role of the Compliance
   of the Subsidiaries, which includes assessing                Function, BNI can realize one of the main objectives
   organizational structure, the fulfillment of auditor         in the company’s sixth mission, namely “To be a
   positions and their capabilities (certifications/            reference for the implementation of Compliance and
   training), the completeness of enabling outputs,             Good Corporate Governance for the Industry.”
   and the development plans for the Subsidiaries’
   SKAI.




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  Legal Basis for the Compliance Function                                         Organizational Structure of the Compliance
  The implementation of BNI’s Compliance Function is                              Work Unit
  guided by relevant regulations, including:                                      BNI has a Director who oversees the Compliance
  1. OJK Regulation No. 46/POJK.03/2017 concerning                                Function and formed a Compliance Division to
     the Implementation of Compliance Functions for                               implement the compliance function.The Compliance
     Commercial Bank;                                                             Director is responsible for formulating compliance
  2. OJK Regulation No. 18/POJK.03/2014 concerning                                policies and strategies. The Compliance Division,
     the Implementation of Integrated Governance for                              as the spearhead of implementation, ensures
     Financial Conglomerates.                                                     that all business units and support functions at
  3. OJK Regulation No. 17 of 2023 concerning the                                 BNI carry out their activities in accordance with
     Implementation of Governance for Commercial                                  applicable regulations. Apart from this, the BNI
     Banks.                                                                       Board of Commissioners is also involved in carrying
                                                                                  out active supervision of the Bank’s compliance
                                                                                  implementation.

  The organizational structure of the Compliance Work Unit is in accordance with the Board of Directors’
  Decree No. KP/369/DIR/R dated August 23, 2024, and is described in the following chart:


                                                                    Compliance Division



          Compliance              Compliance            Overseas Network &          Anti Money Laundering               GCG &
         Assurance &             Assurance &           Subsidiaries Compliance       & Counter Terrorism              Compliance           Data Protection
           Advisory                Advisory            Advisory & Supervision        Financing (AML CTF)              Management            Department
         1 Department            2 Department                Department                  Department                   Department



                                                              Overseas
          Compliance             Compliance                  Network &                   AML CTF                        GCG &
                                                                                                                                           Data Protection
          Assurance &            Assurance &           Subsidiaries Compliance         Development &                  Compliance
                                                                                                                                          Strategy & Policy
           Advisory 1             Advisory                   Advisory &                 Supervision                   Management
                                                             Supervision




                                                                                          AML CTF
                                                                                                                       Regional            Data Protection
                                                                                         Transaction
                                                                                                                    Compliance Officer     Implementation
                                                                                           Analysis




                                                                                         Sanctions
                                                                                          Filtering
                                                                                           Team




  Head of Compliance Work Unit Profile

                                                                            Ikhsan Azman
                                                                            Compliance Division Head

                                                                            Age
                                                                            55 years old as of December 31, 2024
                                                                            Nationality
                                                                            Indonesian citizen
                                                                            Domicile
                                                                            Jakarta, Indonesia
                                                                            Education
                                                                            • Bachelor’s degree in Economics and Accountancy, Economic Faculty
                                                                              majoring in Accountcy, Faculty from Universitas Andalas (1993)
                                                                            • Master’s degree in Magister Management Agribusiness from Institut
                                                                              Pertanian Bogor (2004)


    Legal Basis of Appointment                                                    Work Experience
    Appointed as Compliance Division Head based on the Board of                   • Compliance Division Head (2023-present).
    Commissioners Decree No. KP/595/DIR/R dated July 14, 2023.                    • Vice President in Internal Audit Unit (2018-2022) and Divisi di
                                                                                    Policy Governance Division Head (2022-2023)
    Term of Office
    July 20, 2023-present                                                         Concurrent Position
                                                                                  Does not hold concurrent positions at BNI and other companies/
    Professional Certification and/or Training                                    institutions.
    • Risk Management Certification
    • Data Protection Officer Certification                                       Affiliation Relationship
                                                                                  Has no affiliation with members of the Board of Directors,
                                                                                  Board of Commissioners, or Majority/Controlling Shareholders

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Mechanism for Appointment and Dismissal                         3. Periodic reports submitted include:
of Compliance Work Unit Leaders                                    - Corporate      Governance      Self-Assessment
The Head of the BNI Compliance Division is                            Report;
appointed and dismissed based on the decision of                   - Integrated     Governance      Self-Assessment
the Board of Directors by observing the following                     Report;
criteria and conditions:                                           - Report on the Implementation of Duties of
1. Meet the independence requirements;                                the Director in Charge of the Compliance
2. Master the banking provisions and applicable                       Function;
    laws and regulations;                                          - Integrated         Compliance          Function
3. Not carrying out other duties outside the                          Implementation Report;
    compliance function;                                           - Reports related to the implementation of the
4. Have a high commitment to implementing and                         Anti-Money Laundering Program, Counter
    developing a compliance culture.                                  Terrorism Financing, and Prevention of
                                                                      Financing for the Proliferation of Weapons of
Duties and Responsibilities of the Compliance                         Mass Destruction (APU PPT and PPPSPM).
Work Unit
In general, the duties and responsibilities of the              Director in Charge of Compliance Functions
Compliance Division are divided into the following              The Director of Human Capital & Compliance at BNI
functions:                                                      is currently responsible for the compliance function
1. In charge of the Compliance Function;                        at BNI, held by Mr. Mucharom. The appointment
2. In charge of the Implementation of the APU PPT               and implementation of the duties of the Director in
   and PPPSPM Programs;                                         charge of the compliance function are carried out in
3. In charge of the Implementation of Good                      accordance with applicable regulations, including
   Corporate Governance;                                        provisions regarding the Implementation of the
4. In charge of the Integrated Compliance Function;             Compliance Function, General Provisions, Fit and
5. In charge of the Gratification and Anti-Bribery              Proper Test, as well as regulations regarding the
   Control; and                                                 Utilization of Foreign Workers in the banking sector.
6. In charge of the Data Protection Officer (DPO)               These provisions regulate several things, including:
   functions.                                                   1. Must obtain approval from the Financial Services
                                                                    Authority (OJK) before carrying out the duties
Active Supervision of the Board of                                  and functions of its position. Through Financial
Commissioners on the Compliance Function                            Services Authority Letter No. SR-3/PB.12/2023
In accordance with POJK No. 46/POJK.03/2017                         dated January 4, 2023, the Financial Services
concerning the Implementation of Compliance                         Authority approved the appointment of Mr.
Functions for Commercial Banks, BNI’s Board of                      Mucharom as Director of Human Capital &
Commissioners has a very important role in active                   Compliance;
supervision of the implementation of compliance                 2. Must meet independence requirements, namely
functions. This supervision is carried out periodically             not having financial, management, share
and covers various aspects, including:                              ownership, and/or familial relationships up to
1. Evaluate the implementation of the Bank’s                        the second degree with members of the Board
   compliance function at least twice a year;                       of Commissioners, the Board of Directors, and/
2. Provide suggestions and advice in order to                       or Controlling Shareholders or relationships
   improve the quality of implementation of the                     with the Bank that could affect their ability to act
   Bank’s compliance function.                                      independently;
                                                                3. Must have integrity and adequate knowledge
BNI’s Board of Commissioners actively supervises                    regarding banking provisions and applicable
and provides suggestions and advice, both directly                  laws and regulations;
and through committees under the Commissioner.                  4. It is prohibited to employ or utilize foreign
Supervision and suggestions are conveyed through                    workers;
regular meetings or reports, as follows:                        5. Not concurrently serving as President Director
1. Regular meetings between the Board of                            and/or Deputy President Director;
   Commissioners and the Board of Directors in                  6. Does not supervise the functions: operational
   charge of the Compliance function.                               business and risk management, which make
2. Regular meetings of Committees under the Board                   decisions on bank activities, treasury, finance,
   of Commissioners, such as the Audit Committee,                   accounting, logistics, procurement, information
   Risk Monitoring Committee, and/or Integrated                     technology, and internal audit.
   Governance Committee, with the Director in
   charge of the Compliance function and/or the
   Compliance Division.


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  In the current BNI organizational structure, the                    COMPLIANCE WORK UNIT
  implementation of the duties of the BNI Human
  Capital & Compliance Director is supported by the                   The work unit that carries out the Compliance
  organs below, namely:                                               Function within BNI is carried out by the Compliance
  1. Compliance Division;                                             Division. This division is an independent work unit
  2. Legal Division;                                                  and is directly responsible to the Director who is in
  3. Policy Governance Division;                                      charge of the compliance function. Apart from that,
  4. Human Capital Strategy Division;                                 the Compliance Division has also been designated
  5. Human Capital Services Division;                                 as an Integrated Compliance Work Unit, a Special
  6. BNI University;                                                  Work Unit for the implementation of APU PPT and
  7. Human Capital Business Partner.                                  PPPSPM, as well as a Data Protection Officer (DPO).

  Duties and Responsibilities of the Director                         Integrated Compliance Work Unit (SKKT)
  in Charge of the Compliance Function                                As an Integrated Compliance Work Unit (SKKT) in
  The following is a description of the duties                        the BNI Financial Conglomerate, the Compliance
  and responsibilities of the Director of Human                       Division is tasked with monitoring and evaluating
  Capital & Compliance specifically regarding the                     the implementation of compliance functions in
  implementation of the Bank’s compliance function                    Subsidiary Companies in accordance with the
  in general:                                                         provisions of POJK No. 18/POJK.03/2014 concerning
  1. Formulate strategies to encourage the creation                   the Implementation of Integrated Governance
      of a culture of Bank compliance;                                for Financial Conglomerates. The BNI Financial
  2. Propose a compliance policy or compliance                        Conglomerate’s Integrated Governance Guidelines
      principles that will be determined by the Board                 have determined the division of monitoring and
      of Directors;                                                   evaluation tasks carried out by SKKT, including:
  3. Establish compliance systems and procedures                      1. Realizing the implementation of a culture of
      that will be used to develop Bank internal                         compliance at all levels of the organization in
      regulations and guidelines;                                        each Subsidiary Company;
  4. Ensure that all policies, provisions, systems,                   2. Manage compliance risks faced by each
      and procedures, as well as business activities                     Subsidiary Company;
      carried out by the Bank are in accordance                       3. Ensure that policies, provisions, systems,
      with the provisions of the Financial Services                      and procedures, as well as business activities
      Authority, Bank Indonesia, and applicable laws                     carried out by each Subsidiary Company are in
      and regulations;                                                   accordance with regulatory provisions (including
  5. Minimize Bank Compliance Risk;                                      OJK, Bank Indonesia, Ministry of Finance, etc.)
  6. Take preventive measures so that policies and/or                    and applicable laws and regulations, including
      decisions taken by the Bank’s Board of Directors                   sharia principles for Subsidiary Companies that
      do not deviate from the provisions of the                          implement sharia principles.
      Financial Services Authority, BI, and applicable                4. Ensure compliance of each Subsidiary Company
      laws and regulations;                                              with the commitments made by the Subsidiary
  7. Carrying out other tasks related to the Compliance                  Company to OJK, Bank Indonesia, and/or other
      Function, such as monitoring and maintaining                       competent supervisory authorities; and
      the Bank’s compliance with commitments made                     5. Ensure the implementation of compliance
      by the Bank to the Financial Services Authority,                   functions and the implementation of applicable
      BI, and other competent supervisory authorities;                   APU PPT and PPPSPM in each Subsidiary
  8. In addition to the duties and responsibilities                      Company.
      above, in the context of implementing the
      integrated compliance function, the Director in                 Data Protection Officer (DPO)
      charge of the compliance function has the task                  In connection with the issuance of Law No. 27 of
      of directing, monitoring, and evaluating the                    2022 concerning Personal Data Protection (UU
      implementation of the Integrated Compliance                     PDP), BNI established a Data Protection Department
      function as well as following up on suggestions                 (DPO) in the Compliance Division to implement
      and advice from the Board of Commissioners                      the Personal Data Protection function. The Data
      of the Main Entity or the Integrated Governance                 Protection Officer’s duties include providing advice,
      Committee in order to improve the Integrated                    monitoring, and ensuring compliance with the PDP
      Compliance Function.                                            Law, as well as serving as a contact person regarding
                                                                      the processing of personal data.




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As a form of implementation of duties as a Data                     personal data protection, preparing Record of
Protection Officer, it carries out the following main               Processing Activities (ROPA), Data Protection
functions:                                                          Impact Assessment (DPIA), consent management,
1. Prepare, develop, and implement strategies,                      etc.
   governance, policies, and procedures for                      5. Act as coordinator for handling incidents of
   personal data protection at BNI in accordance                    personal data protection violations.
   with applicable regulations.                                  6. Act as a liaison to the regulator.
2. Develop an awareness program on personal data                 7. Carry out monitoring and evaluation, including
   protection for all lines of the BNI organization.                ensuring that follow-up actions are carried
3. Provide advisory and consultation regarding the                  out on audit results in order to improve the
   implementation of personal data protection.                      implementation of personal data protection.
4. Manage the results of recording personal data
   processing activities and provide assistance in
   carrying out activities related to implementing




Training and Competency Development for Compliance Work Unit Leaders in 2024
In 2024, BNI SKK Leaders have participated in a series of educational or training activities to support their
competence in monitoring and evaluating the Bank’s compliance with applicable standards and regulations:
  Type of Training and Competency Development/Training Materials         Date of Implementation               Organizer
Leaders Talk Series “Optimizing Organizational Transformation                 January 18, 2024                    BNI
Through Strategic Delegation”
Leaders Talk Series “Leadership Development and Organizational                January 25, 2024                    BNI
Resilience in The Transforming Industry”
Leaders Talk Series “Agile & Digital Mindset Experience –                     January 30, 2024                    BNI
Transforming Market & Fostering Collaboration”
Executive sharing session prinsip kehati-hatian tindak pidana korupsi        February 22, 2024                    BNI
Risk Management Refreshment                                                    March 4, 2024                BNI and BNSP
Leaders Talk Series “Fostering a Global Mindset Toward Future                  March 6, 2024                      BNI
Business Ecosystem”
PDP Law Webinar Series “Data Privacy and Data Protection                        May 21, 2024                      BNI
Awareness”
PDP Socialization Series 2 “Data Privacy and Data Protection                  August 12, 2024                     BNI
Awareness”
General Assessment Center for C-1 and C-2 Employees in 2024                   August 23, 2024                     BNI
PDP Socialization Series 3 “Data Privacy Awareness and Data                  September 23, 2024                   BNI
Protection
Certification of Personal Data Protection                                    November 19, 2024           Asosiasi Profesional
                                                                                                        Privasi Data Indonesia
                                                                                                                (APPDI)



Composition of Human Resources and Professional Certifications in the Compliance Unit
In 2024, the number of employees in BNI’s Compliance Unit (SKK) totaled 83 (eighty-three) personnel,
including the Head of the Compliance Unit. SKK employees have obtained certifications in Compliance, Risk
Management, and Governance, Risk & Compliance (GRC), as outlined below:
                                                                                                          Number of Human
                                            Certification Type
                                                                                                             Resources
Risk Management Certification                                                                                 65 persons
Compliance Certification                                                                                      78 persons
Governance, Risk & Compliance (GRC) Certification                                                             2 persons
Data Protection Officer Certification                                                                         2 persons




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  Training and Competency Development of the Compliance Unit in 2024
  The Compliance Division is committed to continuously enhancing the competency and capability of each
  employee in the field of Compliance. In 2024, various competency development programs have been designed
  for Compliance Division employees, with the implementation details outlined in the following table:
                        Competency Development Material                            Implementation Date              Organizer
   Webinar Loyalty Payroll BNI MMSGI “Financial Planning Where Saleries             January 15, 2024                   BNI
   Meet Smart Investments”
   Firstline Manager Leadership Program (FMLP) Training Batch 5                    January 15-17, 2024                 BNI
   Quality Data Training                                                            January 20, 2024                   BNI
   e-Bupot Tax Training                                                             February 20, 2024                  BNI
   PPh Article 21 Reporting Training                                                February 20, 2024                  BNI
   Middle Manager Leadership Program (MMLP) Training                               February 21-23, 2024                BNI
   Firstline Manager Leadership Program (FMLP) Training Batch 5                    February 21-23, 2024                BNI
   Webinar “Economic and Financial Outlook in 2024”                                 February 22, 2024                  OJK
   Webinar “Strategy to Prevent Cyber ​​Attacks”                                    February 29, 2024                  OJK
   Webinar Knowledge Supplement IT System Life Cycle Development                     March 13, 2024                    BNI
   (SDLC)
   Webinar Knowledge Supplement Global Series #1 “Introduction to                    March 14, 2024                    BNI
   Global Culture and Its Impact on Business”
   Attendance & Evaluation of Webinar “Opportunities & Challenges of                 March 14, 2024                    OJK
   Digital Assets in Indonesia”
   Presentation & Communication Skill Training                                      March 18-21, 2024                  BNI
   Webinar on Implementation of Personal Data Protection Law (PDP)                    April 03, 2024                   BNI
   OJK Institute Webinar with the theme “Paylater, Financial Solution or              April 09, 2024                   OJK
   New Problem?”
   Webinar Digital Trend & Skill Series 2: “Building Digital Bridges:                 April 18, 2024                   BNI
   Integrating Technology in Modern Services”
   Webinar Global Mindset Series 2: “Building Collaborative Teams and                 April 23, 2024                   BNI
   Customer/Client Relationships”
   OJK Institute Webinar “Opportunities and Challenges of Open Finance in             April 25, 2024                   OJK
   Indonesia”
   Webinar Driving Innovation - Beyond Boundaries for Everyday                        April 29, 2024                   BNI
   Improvement
   Webinar Xpora Series 2024: Global Expansion: Effective Delivery                    April 29, 2024                   BNI
   Strategy for MSMEs
   Webinar “Optimizing the Role of the Financial Industry to Prevent Green            April 29, 2024                   BNI
   Financial Crime and Other Predicate Crimes”
   Webinar with material Mastering Territory Management in Retail                     May 07, 2024                     BNI
   Business: Strategies and Insights from Industry Experts
   FORDIGI BUMN: sharing session on PDP Law with the theme "What                      May 14, 2024                   KBUMN
   Next to Do to Implement PDP Law for BUMN"
   OJK Institute Webinar with the theme "How to Prevent Greenwashing in               May 16, 2024                     OJK
   Sustainable Finance"
   PDP Law Webinar Series - Data Privacy and Data Protection Awareness                May 21, 2024                     BNI
   Webinar Leaders Talk Series: Empowering Teams Through Change –                     May 21, 2024                     BNI
   Navigating Change with Risk Awareness and Business Acumen
   Webinar Leaders Talk Series: Optimizing Organizational Transfromation              May 22, 2024                     BNI
   Through Strategic Delegation
   OJK Institute Webinar with the theme "Credit Growth Opportunities After            May 22, 2024                     OJK
   the End of Credit Restructuring Policy"
   Webinar Leadership Development and Organizational Resilence in The                 May 28, 2024                     BNI
   Transforming Industry
   OJK Institute Webinar with the theme "Opportunities and Challenges of              May 30, 2024                     OJK
   Personal Data Protection in the Digital Era"
   PDP Series 1 Socialization "Data Privacy and Data Protection Awareness             June 03, 2024                    BNI
   Training"
   Webinar with the theme "Banking Industry Readiness in Implementing                 June 05, 2024                    BNI
   Law No. 27 of 2022 Concerning Personal Data Protection"


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                   Competency Development Material                              Implementation Date                 Organizer
Webinar GRC Strengthening Forum OJK Collaboration with Ministries,                  June 07, 2024                     OJK
Institutions and Associations with the theme "Dissemination of the
Latest Internal Audit Standards"
Mandatory Webinar RACE Talk Series: Creating Impactful Innovation                   June 12, 2024                      BNI
through Culture Transformation
Senior Management Certification Regime (SMCR) Training                              June 19, 2024              Dentons London
Public-Private Roundtable Meeting on Financial Crime Risk Management                                         JPMorgan Indonesia
in The Digital Age and Financial Crimes Enforcement Network (FinCEN)                June 26, 2024
overview
Implementation of Final Presentation Action Learning Project (ALP) -               July 09-11, 2024                    BNI
Data Driven Analytics Bootcamp Training
Commercial Credit Brevet (CAP) Training                                        August - September 2024                 BNI
Socialization of “Implementing Business Judgement Rule in Risk                   September 04, 2024                    BNI
Management”
Capacity Strengthening (Kupas) PAKSI-API with the theme “Empowering              September 12, 2024                   KPK
the Role of PAKSI-API in Building a Culture of Integrity: Rejecting Illegal
Gratification”
Socialization of “Personal Data Protection (PDP) series 3 – Data Privacy         September 23, 2024                    BNI
and Data Protection Awareness”
Socialization of RoPA (Record of Processing Activities)                          September 26, 2024                    BNI
Training related to Strategic Approaches to Combat Financial Crime in            September 26, 2024                    BNI
Indonesia
Anti-Bribery and Anti-Corruption Strategy                                         October 01, 2024                     BNI
Socialization of SkillUp! Program (Learn Soft Skills and Hard Skills) &           October 02, 2024                     BNI
BUMN Learning Festival Program
Future Generation of Credit Retail Experience                                     October 04, 2024                     BNI
TFT (Training For Trainers) training related to Enhancement Data Quality          October 08, 2024                     BNI
2024
Empowering Leadership: How Women Leaders Drive Company                            October 10, 2024                    OJK
Performance
Decision Making and Confidence in The Digital Age                                 October 16, 2024                     BNI
Carbon Trading and Its Effect on Indonesia’s Economy                              October 17, 2024                    OJK
TFT (Training For Trainers) UU PDP Champion Training                                October and                      Deloitte
                                                                                   December 2024
PDP Training related to the preparation of DPIA                                   October 18, 2024                   Deloitte
Synergy of Financial Sector Professions: Sustainable Transformation               October 31, 2024                  Kemenkeu
Towards a Stable, Inclusive, and Innovative Financial Sector Ecosystem
EV Insurance, International Best Practices for Innovation of New Energy           October 31, 2024                    OJK
Products and Services
Transformation and Integration of Indonesian Logistics System                    November 01, 2024                  Kemenkeu
Workshop “OJK – South Korea FSS Join Staff Workshop On Combating                 November 04, 2024                    OJK
Financial Fraud”
Governance Transformation Pillar of Integrity Support                            November 05, 2024                    OJK
Book Review "Bank Cyber Security"
                        ​​                                                       November 07, 2024                    OJK
Strengthening Financial Integrity: Advanced Strategies and Innovations           November 18, 2024                    OJK
in Anti-Fraud
Strengthening the GRC Ecosystem in the Financial Sector to Support the           November 21, 2024                    OJK
Golden Indonesia 2045 Vision
Socialization of "Development of Information System for Anti-Money                                                    OJK
Laundering and Prevention of Terrorism Funding Program (SIGAP) in                December 04, 2024
2024"
Training Communication Selling Negotiation Skill How to Achieve Target           December 14, 2024                     BNI




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  The Compliance Division also conducts internal sharing sessions for all employees. The topics covered in
  these sessions include the following:
                                                                                                                 Implementation
                                             Internal Sharing Material
                                                                                                                      Date
   Prevention of External Fines                                                                                 January - July 2024
   Implementation of RKDK (Special Campaign Fund Account) in the Framework of Monitoring the                       January 2024
   Opening of Campaign Fund Accounts
   Bank Secrecy and Official Secrecy                                                                             February 21, 2024
                                                                                                                  March 04, 2024
   Obligations of Branches Related to DHN (National Black List) to Avoid Fines from BI                           February 28, 2024
   Organization of Office Networks                                                                               February 28, 2024
   Cleansing Data                                                                                                February 29, 2024
                                                                                                                  March 13, 2024
                                                                                                                   April 22, 2024
                                                                                                                   June 24, 2024
   Underlying Foreign Exchange Transactions against Rupiah                                                       February, March,
                                                                                                                June, July, August,
                                                                                                                 September 2024
   BNI Advertising Marketing Communication                                                                         April 24, 2024
   Current month Tax Reporting Obligations and reminders for payment and collection of VAT 1111                     May 08, 2024
   (output)
   Implementation of the Personal Data Protection Law                                                            May, July, August,
                                                                                                                  September 2024
   Deadline for Completeness of WIC Profiles and Solutions If There Are System Constraints                         June 10, 2024
   Awareness of the Dangers of Online Gambling and Fraudulent Investments                                          June 11, 2024
   Identification and Verification of Conductors and Branch Office Obligations                                      July 25, 2024
   Branch Obligations to Identify and Verify OTR Transactions with Remittance Agency Delivery                       July 31, 2024
   APU PPT & PPPSPM                                                                                                 January -
                                                                                                                  December 2024
   Compliance Awareness                                                                                             February,
                                                                                                                   September,
                                                                                                                  November 2024
   Good Corporate Governance (GCG) and Gratification Control and Anti-Bribery                                       January –
                                                                                                                  December 2024



  Implementation of the 2024 Compliance                               1. Realizing the implementation of a culture of
  Work Unit Work Program                                                 compliance at all levels of the bank’s organization
  Along with the rapid development of information                        and business activities:
  technology, globalization, and financial market                        a. Training/Socialization to all employees,
  integration, the challenges and risk exposures                            which includes material on Compliance
  faced are increasingly greater. This requires BNI to                      Culture, Good Corporate Governance (GCG),
  continually increase risk mitigation efforts in carrying                  Gratification    Control     and    Anti-Bribery
  out increasingly complex operational activities.                          through digital and classical media, as well as
  This mitigation is carried out both preventively                          implementing mandatory e-learning;
  (ex-ante) and curatively (ex-post) to protect bank                     b. Submission of Compliance Reminder (CORE)
  business activities. In accordance with POJK No.                          and implementation of the Daily Exercise
  46/POJK.03/2017 concerning the Implementation                             Employee Program (DEEP46) with material
  of Compliance Functions for Commercial Banks,                             related to the compliance function on a
  it is necessary to increase the role and function of                      regular basis;
  compliance to ensure compliance with regulations                       c. Implementation of supervision both on-site
  and more effective risk management.                                       and off-site related to the implementation of
                                                                            APU PPT and PPPSPM and the implementation
  To encourage the creation of a culture of compliance                      of the GRC Forum (Governance, Risk, and
  in all organizational units, a number of compliance                       Compliance);
  programs have been designed and implemented.                           d. Gratification Control in the BNI work
  The compliance programs are as follows:                                   environment in collaboration with the
                                                                            Corruption Eradication Commission (KPK);



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   e. Monitoring regarding the effectiveness of                    c. Compliance testing of publishing plans or
      the implementation of Good Corporate                            new product developments;
      Governance and Integrated Governance at                      d. Compliance checklist for assessing the ability
      BNI;                                                            and suitability of prospective Controlling
   f. Development of a system application in                          Shareholders, members of the Board of
      the form of a Compliance Information                            Directors, and/or members of the Board of
      Management System (CIMS), which is an                           Commissioners;
      information system, database, and monitoring                 e. Compliance test/Credit Compliance Review
      of the results of compliance reviews and                        (C2R) on the proposed Credit Application Tool
      implementation of APU PPT and PPPSPM                            (PAK);
      online;                                                      f. Compliance test/Procurement Compliance
   g. Compliance Index (CIX) measurement as a                         Review (PCR) on proposed Goods and/or
      reference for measuring and ensuring that the                   Services Procurement Documents;
      implementation of the compliance function is                 g. Compliance test/review of plans for opening
      running well.                                                   and relocating Bank Offices (Regional Offices,
                                                                      Branch Offices, Sub-Branch Offices and
2. Manage compliance risks faced by the Bank.                         Functional Offices);
   Compliance risk is a risk that arises as a result               h. Compliance test/review of Branch and Center
   of banks not complying with and/or not                             operational activities.
   implementing applicable laws and regulations.
   Several steps taken to minimize Compliance Risk              4. Ensure that BNI complies with the commitments
   include:                                                        made with the Financial Services Authority
   a. Carrying       out     periodic    identification,           (OJK), Bank Indonesia (BI), and other competent
      monitoring, and socialization regarding                      supervisory authorities. Monitoring of this
      the fulfillment of obligations and matters                   commitment is carried out collaboratively with
      prohibited by regulations as a preventive                    the Internal Audit Unit (IAD) to ensure that
      measure;                                                     all Bank actions and policies are in line with
   b. Remind organizational units that are in-charge               the regulations and agreements set by the
      units to fulfill obligations periodically;                   supervisory authority.
   c. Create corrective actions based on the
      Compliance Risk database;                                 5. The implementation of compliance tests/
   d. Including       sanctions     from    regulators/            Credit Compliance Review (C2R) carried out
      supervisors, which are one source of                         by the Compliance Division aims to ensure
      compliance risk, into the Compliance Index,                  the effectiveness of implementing compliance
      as well as making the Compliance Index a Key                 controls in all work units. Criteria for implementing
      Performance Indicator (KPI) unit.                            C2R include the following aspects:
                                                                   a. Provision of new, additional, and restructuring
3. Ensure that the policies, provisions, systems,                     funds with the authority of the Head Office
   procedures and business activities carried out by                  Credit Committee (Corporate, Enterprise, and
   the Bank are in accordance with the provisions                     Commercial Segment) and Division Level
   of the Financial Services Authority (OJK)/                         Credit Committee (Commercial Segment); or
   Bank Indonesia (BI) and applicable laws and                     b. Review of funding provision, where at least
   regulations.                                                       1 (one) member of the Credit Committee is a
   As a preventive measure to prevent Compliance                      Director;
   Risk and support healthy and sustainable growth,                c. Modifications include, but are not limited to,
   the Compliance Division carries out preventive                     changes in structure, release of collateral, and
   (ex-ante) efforts through compliance tests. This                   changes in conditions where at least 1 (one)
   compliance test aims to ensure that all internal                   member of the Credit Committee is a Director;
   regulations and certain banking activities                         or
   comply with applicable banking standards.                       d. Proposals for providing funds must be
   The compliance testing activities include the                      consulted with the Board of Commissioners
   following:                                                         or provision of funds to parties related to
   a. Test compliance with new or updated draft                       the Bank that must obtain approval from the
       policies, systems and procedures;                              Board of Commissioners.
   b. Compliance test/review of existing policies,
       systems and procedures;




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  6. Development of the BNI Anti Money Laundering                     1. Analyzing the latest external provisions that have
     (AML) system as an implementation of the                            a significant impact and have major sanctions
     Financial Services Authority Regulations (POJK)                     for LJKs in the BNI KK and submit them to the
     regarding the implementation of the APU PPT                         relevant LJKs for follow-up.
     and PPPSPM programs. The development of this                     2. Aligning the internal policies of each LJK in the
     system includes the creation of a mechanism                         BNI KK and then provide the necessary input or
     capable of automatically identifying, analyzing,                    recommendations while still paying attention
     and monitoring the characteristics of transactions                  to the business field, complexity, needs, size,
     carried out by customers. In addition, this system                  conditions, and regulations that apply to each
     will also provide effective reports to support                      LJK in the BNI KK.
     the monitoring and supervision of suspicious                     3. Aligning the Compliance Risk management
     transactions, thereby reducing risks related to                     mechanism through monthly monitoring of the
     money laundering and terrorism financing.                           fulfillment of the Regulatory Business Conduct of
                                                                         each LJK in the BNI KK based on the regulations
  Compliance Indicators for 2024                                         of each LJK using a Self-Assessment.
  In 2024, BNI has established a number of compliance                 4. Implementing the Compliance Index (CIX) for
  indicators designed to monitor, evaluate, and                          LJKs in BNI’s KK as a means of monitoring the
  improve compliance performance. The compliance                         implementation of compliance functions at LJKs
  indicators that will be applied are as follows:                        using parameters in the form of fraud, violation
  1. Compliance Risk Profile                                             cases, regulatory sanctions and fines, pending
      Compliance risk profile assessment is carried                      findings of external and internal auditors,
      out in a composite manner, which includes two                      updating customer data, and Regulatory
      main aspects: assessment of inherent risk and                      Business Conduct of each LJK.
      assessment of the quality of risk management                    5. Analyzing the LJK Compliance Function
      implementation. The results of this assessment                     Implementation Report in the BNI KK periodically.
      illustrate the effectiveness of the risk control                6. Hold meetings with each LJK in the BNI KK
      system in ensuring compliance. In 2024, in                         periodically to discuss, among other things,
      composite terms, BNI’s Compliance Risk Profile                     compliance issues as well as follow-up to
      was at level 2, with the following details:                        suggestions and advice from the Board of
      a. BNI’s Inherent Risk in 2024 was at level 2;                     Commissioners.
      b. The Quality of Implementation of Risk                        7. Make efforts to increase the competency of the
          Management (KPMR) was at level 2.                              compliance unit human resources at LJK within
  2. Compliance Index (CIX)                                              BNI’s KK through holding sharing sessions by
      Compliance Index is an assessment tool used to                     BNI.
      measure and ensure that the implementation of                   8. Prepare and submit reports on the implementation
      the compliance function in a unit is running well.                 of duties and responsibilities for supervision and
      In general, the CIX measurement results in 2024                    evaluation of the Compliance function at each
      were at the Moderate level.                                        LJK in the BNI KK periodically to the Director
                                                                         in charge of the Compliance Function, as well
  Implementation of the Integrated                                       as prepare reports on the implementation of
  Compliance Work Unit Work Program in                                   integrated compliance duties and responsibilities
  2024                                                                   periodically, which are submitted by the
  In 2024, as a manifestation of the implementation                      Director in charge of the Compliance Function
  of duties and functions to monitor and evaluate                        to the President Director and BNI Board of
  the implementation of compliance functions in                          Commissioners.
  each Financial Services Institution (LJK) in the                    9. Synergize with LJK in the BNI KK, including
  BNI Financial Conglomeration (KK), SKKT BNI has                        regarding training and learning between BNI and
  implemented several strategic steps, including:                        LJK in the BNI KK.




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Internal Control
System                  [ACGS D.3.17, D.3.18. D.3.19, D.3.20]




BNI implements an Internal Control System (SPI)                       provisions and regulations, both provisions
as a comprehensive and continuous monitoring                          issued by the government, the Financial Services
mechanism throughout all work units and                               Authority, and internal policies and procedures
organizational levels in order to support the                         established by BNI; [ACGS C.2.6]
achievement of the Bank's objectives and is designed               2. The     availability  of    complete,     accurate,
to identify the possibility of an event occurring                     appropriate, and timely financial and management
that could affect the Bank's performance. The                         information (Information Objectives) is intended
implementation of the internal control system within                  to ensure the availability of complete, accurate,
BNI is guided by the Financial Services Authority                     appropriate, and timely reports required for
Circular Letter (SEOJK No. 35/SEOJK.03/2017                           appropriate and accountable decision-making;
concerning Standard Guidelines for Internal Control                3. Effectiveness and efficiency in BNI's business
Systems for Commercial Banks ("SEOJK 35/2017")                        activities (Operational Objectives) are intended
and the Committee of Sponsoring Organizations                         to increase effectiveness and efficiency in the use
of the Treadway Commission's (COSO) Framework.                        of assets and other resources in order to protect
[ACGS D.3.17]                                                         BNI from the risk of loss; and
                                                                   4. Increasing the effectiveness of risk culture in
To realize the implementation of healthy, safe,                       the BNI organization as a whole (Risk Culture
and controlled Bank operational activities, BNI                       Objective) is intended to identify weaknesses
implements an effective SPI so that it can assist the                 and assess deviations early and reassess
Board of Commissioners and the Board of Directors                     the reasonableness of existing policies and
in safeguarding the Bank's assets, guaranteeing                       procedures at BNI on an ongoing basis.
the availability of reliable financial and managerial
reporting, increasing the Bank's compliance with                   ACTIVE CONTROL AND SUPERVISION
applicable laws and regulations, reducing the risk                 MECHANISM BY THE BANK'S MAIN
of losses, deviations, and violations of prudential                ORGANS
aspects, and ensuring risk management remains
within the tolerance limits (risk appetite) set                    BNI applies the Three Lines Model framework in an
by Management. Implementation of SPI is the                        internal control system that is integrated with risk
responsibility of all parties involved in the Internal             management to support the creation of reliable
Control System, which is outlined in the duties and                governance. The application of the three lines
responsibilities of each party.                                    model principle encourages the involvement of all
                                                                   levels of the organization, starting from the work
BNI, as the Main Entity in the BNI Financial                       unit level to the Board of Commissioners and the
Conglomerate implements an integrated control                      Board of Directors level, as the main organs in BNI
system together with Subsidiary Companies to                       governance to play an active role in carrying out
ensure that operational activities within the BNI KK               supervision and establishing a culture of control at
are running well and can increase added value for                  the Bank.
the Bank through effective implementation of risk
management and GCG principles.                                     By using the Three Lines Model approach, first-
                                                                   line roles/risk-taking units are responsible for the
INTERNAL CONTROL SYSTEM OBJECTIVES                                 risks taken, execution, and results (day-to-day risk
                                                                   management & control). Second-line roles/risk
BNI's objectives for implementing an effective                     control units are responsible for preparing the Bank's
internal control system include, among other things,               risk management framework, policies, principles,
ensuring:                                                          and methodology. Meanwhile, third-line roles/risk
1. Compliance with statutory provisions and                        assurance units are responsible for independently
   regulations (Compliance Objectives) is intended                 assessing the effectiveness of risk management
   to ensure that all BNI business activities                      implementation.
   are carried out in accordance with statutory



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  The active supervisory involvement of the Board                          CONFORMITY OF BNI'S SPI WITH THE COSO
  of Commissioners and the Board of Directors                              FRAMEWORK [ACGS D.3.17]
  is also very necessary to ensure that the Bank's
  internal control system and implementation of risk                       In order to implement effective SPI both for BNI
  management are running well and in accordance                            individually and consolidated and integrated with
  with applicable regulations. The Board of Directors                      Subsidiaries, BNI implements an internal control
  is tasked with monitoring the adequacy and                               system consisting of 5 (five) main components in
  effectiveness of the internal control system by                          line with the Internal Control Integrated Framework
  ensuring that internal implementation function                           developed by The Committee of Sponsoring
  activities have been carried out by all employees.                       Organization of the Treadway Commission (COSO),
  Meanwhile, the Board of Commissioners ensures                            including:
  that the Board of Directors has monitored the                            1. Control Environment
  effectiveness of the implementation of the internal                      2. Risk Assessment
  control system by holding regular meetings with the                      3. Control Activities
  Board of Directors and Executive Officers to discuss                     4. Information and Communication
  the effectiveness of SPI.                                                5. Monitoring Activities


  Throughout 2024, the suitability of the implementation of the internal control system with the COSO Internal
  Control Integrated Framework is explained as follows:

    Components of Internal Control in
                                                                      Implementation of BNI Internal Control System
    accordance with COSO Framework
   1. Control Environment                    The main elements that make up BNI's control environment are:
      The      commitment,    behavior       1. Adequate organizational structure;
      and steps taken by BNI's Board         2. BNI leadership style and management philosophy;
      of Directors and Board of              3. Integrity and ethical values ​​as well as employee competence;
      Commissioners have formed a            4. Human resources policies and procedures;
      solid control environment. This        5. Attention and direction from BNI Management and other committees, such as the
      environment, in turn, becomes             Risk Management Committee;
      the basis for the implementation       6. External factors that influence BNI operations and the implementation of risk
      of effective operational control          management.
      activities across all lines of
      management.
   2. Risk Assessment                       Assessment of 8 (eight) types of risks that BNI must manage include:
      As an integral part of the internal 1. Credit Risk Assessment
      control system, BNI carries out          Credit Risk Assessment includes, among other things, the following aspects:
      regular risk assessments. Several        a. Number, quality, and composition of balance sheet (on-balance sheet) and
      types of risks that have been               administrative account (off-balance sheet) exposures;
      identified are the main focus in this    b. Debtor/counterparty credit risk level;
      process. By measuring exposure           c. Characteristics of the credit provided;
      to these risks, BNI can formulate        d. Business and industrial environmental conditions;
      appropriate mitigation strategies        e. Internal Rating System and Scoring System;
      so that risks can be managed             f. Credit risk stress testing;
      effectively and optimally.               g. The use of internal ratings to determine asset quality and reserve size through
                                                  calculating the Expected Credit Loss (ECL) value, which reflects the estimated
                                                  potential credit loss through calculating 3 basic parameters, namely Probability
                                                  of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD).
                                            2. Market Risk Assessment
                                               Market risk assessments are carried out on the entire trading book and banking
                                               book portfolio. Market risk assessment on trading books includes, among other
                                               things:
                                               a. Market risk sensitivity measurement – ​​standard method;
                                               b. Aggregation using Value at Risk (VaR) – internal model;
                                               c. Stress Testing market risk;
                                               d. Budget loss; and
                                               e. Backtesting.
                                               Market risk assessment in the banking book includes, among other things:
                                               a. Measuring interest rate risk in the banking book; and
                                               b. Measuring exchange rate risk in the banking book.




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Components of Internal Control in
                                                            Implementation of BNI Internal Control System
accordance with COSO Framework
                                         3. Liquidity Risk Assessment
                                            Liquidity risk assessments are carried out to measure and monitor net funding
                                            needs on an ongoing basis. The liquidity risk assessment process includes:
                                            a. Assessment of liquidity ratios, including Liquidity Coverage Ratio (LCR) and
                                               Net Stable Funding Ratio (NSFR);
                                            b. Maturity profile assessment;
                                            c. Cash inflow and outflow projections;
                                            d. Stress Testing liquidity risk;
                                            e. Availability of liquid assets (Cash), Secondary Reserve (SR); and
                                            f. Liquidity Ratio.
                                         4. Operational Risk Assessment
                                            One of the methods used to assess operational risk at BNI is Risk Control Self-
                                            Assessment (RCSA), which is carried out periodically through a self-assessment
                                            process by work units, which aims to identify potential weaknesses in existing
                                            controls so that risks can be mitigated as early as possible.
                                            Operational risk assessment is also carried out through assessing the operational
                                            risk profile with indicators/parameters:
                                            a. Business Characteristics & Complexity
                                            b. Human Resources
                                            c. Information Technology and Supporting Infrastructure
                                            d. Fraud
                                            e. External Events
                                         5. Legal Risk Assessment
                                            Legal risk assessment/measurement can use indicators/parameters in the form of:
                                            a. Potential losses arising from litigation demands;
                                            b. Weakness of engagement; and
                                            c. The absence/occurrence of changes to the regulations/legislation
                                               underlying the publication of a product or service.
                                         6. Strategic Risk Assessment
                                            Strategic risk assessment/measurement can use indicators/parameters in the form
                                            of:
                                            a. Suitability of strategy to business environmental conditions;
                                            b. High-risk strategies and low-risk strategies;
                                            c. BNI’s business position relative to competitors; and
                                            d. Achievement of the realization of the Bank Business Plan (RBB).
                                         7. Compliance Risk Assessment
                                            Compliance risk assessment/measurement can use indicators/parameters in the
                                            form of:
                                            a. Type, significance, and frequency of violations of applicable provisions; and
                                            b. Violation of certain financial transaction provisions;
                                            c. Frequency of violations (BNI compliance track record).
                                         8. Reputational Risk
                                            Assessment/measurement of reputation risk can use indicators/parameters in the
                                            form of:
                                            a. Influence of the reputation of BNI owners and related companies;
                                            b. Violation of business ethics;
                                            c. Complexity of BNI products and business collaborations;
                                            d. Frequency and materiality of negative Bank news; and
                                            e. Frequency and materiality of customer complaints.
3. Control Activities                    To ensure that business risks are managed effectively, BNI has implemented various
   Control activities are an important   control activities which include:
   component       to    ensure    the   1. General Control Activities
   achievement of organizational              Involving all employees including the Board of Directors, control activities must
   goals through risk control.               be planned and carried out to ensure management directives are implemented.
   These control activities include          Control activities must be contained in policies and procedures to ensure that
   implementing        policies   and        each activity is carried out effectively and encourage action to anticipate the risks
   procedures designed to reduce             inherent in each operational activity.
   risks that could hinder the           2. Control Activities according to Organizational Functions
   achievement of organizational            An effective Internal Control System requires the establishment of a control
   goals.                                   structure in accordance with the organizational structure, which includes:




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    Components of Internal Control in
                                                                      Implementation of BNI Internal Control System
    accordance with COSO Framework
                                                a. Management Reviews (Top Management Reviews)
                                                    The Board of Directors actively requests presentations and performance reports
                                                    periodically to evaluate BNI’s progress towards the targets that have been set.
                                                    Through this evaluation, the Board of Directors can quickly detect problems such
                                                    as control weaknesses, financial reporting errors, or fraud. Determination of
                                                    targets must be in accordance with the risk management policy, which is prepared
                                                    by considering the level of risk willing to be taken (risk appetite), the maximum
                                                    level and type of risk determined (risk tolerance), and the determination of limits.
                                                b. Operational Performance Review (Functional Reviews) are carried out by the
                                                    Internal Audit Unit periodically.
                                                c. Information Systems Control
                                                    Includes verification of the accuracy and completeness of transactions as well as
                                                    authorization, general control, and application control.
                                                d. Control of Physical Assets
                                                    Control activities include securing assets and restricting access to computers
                                                    and data files.
                                                e. Documentation, including adequate documentation of accounting policies,
                                                    procedures, systems, and standards as well as audit processes.
                                             3. Control Activities according to Risk Type
                                                Control activities have been outlined in policy and procedure documents to identify
                                                risks, including market, liquidity, credit, operational, legal, compliance, reputation,
                                                and strategic risks.
                                                a. Credit Risk Control
                                                    i) Credit supervision covers all aspects of credit and all objects of supervision
                                                       without exception;
                                                    ii) Internal credit control.
                                                b. Market Risk Control
                                                   For control purposes, the market risk identification and measurement process
                                                   are carried out by a unit that is independent of business activities, in this case
                                                   carried out by the Risk Management Work Unit.
                                                c. Operational Risk Control
                                                   BNI has comprehensive policies and procedures for all existing work units
                                                   and products/activities to ensure operational activities can be carried out
                                                   appropriately and consistently by the entire organization. BNI also has complete
                                                   and trained organs to ensure that control activities can be carried out prudently
                                                   through the application of the principles of segregation of duties, dual control,
                                                   maker-checker, and other control principles. BNI has a comprehensive process
                                                   in the process of launching new products/activities so as to ensure that the
                                                   products/activities launched have an adequate control process foundation for
                                                   their operationalization. With the development of technology, many control
                                                   activities have also been automated so that operational risks can be minimized.

                                                    Apart from the above, BNI has also implemented Risk Control Self-Assessment
                                                    activities with a Control Testing approach/method, which is carried out
                                                    periodically to ensure that the control activities that have been designed have
                                                    been implemented well and are still adequate over time. BNI has several special
                                                    work units that are independent from the process owner and will carry out
                                                    Control Testing so that identification of potential control weaknesses can be
                                                    carried out more focused and independently. Every potential gap found will be
                                                    followed up and monitored to ensure operational risks can be minimized.

                                                    Through strong governance, BNI ensures that there is an oversight process
                                                    from the independent Risk Management Work Unit, Internal Audit as the third
                                                    line, and also monitoring carried out by the Board of Directors and Board of
                                                    Commissioners through various committees such as the Risk Management
                                                    Committee, Risk Monitoring Committee, etc. This also ensures that the
                                                    operational risk control process has been carried out according to what has been
                                                    determined and potential problems have been handled appropriately.

                                                    In addition, to anticipate crisis conditions or natural disasters, BNI has established
                                                    a Business Continuity Management process that is equipped with the necessary
                                                    policies, procedures, and organs to ensure that crisis or disaster conditions
                                                    are handled properly so that business continuity is maintained. The necessary
                                                    protocols have been built, and trials are carried out periodically to always ensure
                                                    the readiness of the established plans.




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Components of Internal Control in
                                                              Implementation of BNI Internal Control System
accordance with COSO Framework
                                             d. Liquidity Risk Control
                                                Liquidity risk control is carried out by:
                                                i) Monitoring and taking alternative strategic steps for each Secondary Reserve
                                                    (SR) traffic light, namely: Dark Green, Light Green, Light Yellow, Dark Yellow,
                                                    and Red;
                                                ii) Carrying out funding strategies, managing daily liquidity positions and
                                                    liquidity risks, managing liquidity positions, and managing intra-group
                                                    liquidity risks as regulated in the Global Funding Policy, Asset Management
                                                    Policy, and Asset and Liability Management Policy.

                                             e. Legal Risk Control
                                                Legal risk control is carried out by ensuring that BNI›s agreements with third
                                                parties safeguard BNI›s interests. Legal risk control is carried out by the Work
                                                Unit, which functions to manage legal risk, including through:
                                                i) Assessment in the form of a juridical study, in the event that there are plans
                                                     to add/develop new products and/or activities;
                                                ii) Providing legal advice and/or legal assistance in terms of legal risks in
                                                     operational activities;
                                                iii) Periodically review contracts and agreements with other parties.

                                             f. Strategic Risk Control
                                                Strategic risk control is carried out by:
                                                i) Carrying out an effective, independent, and objective review of strategic
                                                    policies as outlined, among others, in the form of a review of the
                                                    implementation and achievement of performance against targets set in the
                                                    Bank›s Business Plan through meetings of the Board of Commissioners
                                                    inviting the Board of Directors (Radekom), Board of Directors Meetings
                                                    (Radisi), Sector Meetings, and Business Reviews;
                                                ii) Adequate testing and review of the management information system.

                                             g. Compliance Risk Control
                                                Compliance risk control is carried out through preventive (ex-ante) actions aimed
                                                at:
                                                i) Ensure that policies, provisions, systems, and procedures, as well as business
                                                    activities at BNI, are in accordance with the provisions of applicable regulators
                                                    and regulations;
                                                ii) Ensure compliance with established commitments.

                                             h. Reputation Risk Control
                                                Reputation risk control is carried out by:
                                                i) Manage, follow up, and resolve customer complaints and lawsuits that may
                                                    increase reputation risk immediately; and
                                                ii) Develop reliable mechanisms for carrying out effective reputation risk control
                                                    measures.
4. Information and Communication          In the Internal Control System, the information system must be able to produce
   Information and communication          relevant reports related to BNI's operations, financial condition, implementation of
   are critical elements that ensure      risk management, and compliance with applicable regulations. This report functions
   the flow of relevant and high-         to support the performance of the Board of Directors and Board of Commissioners in
   quality     information     across     carrying out their duties. The information presented includes:
   all levels of the organization.        1. Internal and external information that is needed by management to evaluate the
   Accurate and timely information            achievement of BNI's goals, as well as
   must be available to stakeholders      2. Information is accurate and presented in a timely manner so that it can be used
   to support decision making                 effectively and efficiently in making decisions and carrying out responsibilities.
   and implementation of control
   activities. Through an effective       The information systems required include:
   information system and open            1. BNI organizes an emergency recovery plan and back-up system to prevent high-risk
   communication channels, the               business failures;
   Bank can ensure that risks can         2. BNI owns and maintains a management information system, both in electronic and
   be identified and responded to            non-electronic form.
   appropriately, as well as facilitate
   the implementation of integrated
   controls.




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    Components of Internal Control in
                                                                      Implementation of BNI Internal Control System
    accordance with COSO Framework
                                             To ensure that all employees understand and comply with applicable policies
                                             and procedures in carrying out their duties and responsibilities, effective internal
                                             communication channels are needed. This communication aims to ensure that
                                             each employee can carry out their duties in accordance with established standards.
                                             Apart from that, external communication channels are also important to convey the
                                             necessary information to shareholders, regulators, customers, and other third parties.

                                             In processing information in electronic form, the system used must be equipped
                                             with an adequate audit trail. This audit trail serves as a monitoring and transparency
                                             tool, ensuring that every transaction or change can be properly traced to support
                                             accountability.
   5. Monitoring Activities              Monitoring of BNI activities, both in business units and functional units, is carried out
      Monitoring       Activities    are using a three-lines model approach.This approach ensures comprehensive and layered
      components that aim to assess risk control. More detailed information about this approach is outlined as follows:
      the effectiveness of internal
                                                        #1                           #2                            #3
      control on an ongoing basis and
                                                 Risk Taking Unit            Risk Control Unit              Risk Assurance
      perform adjustments if necessary.
                                               or First Line Roles         or Second Line Roles           or Third Line Roles
      These activities ensure that
      internal controls remain effective  The Risk Owner is             The Risk Control             The Risk Assurance
      in reducing risks and achieving     responsible for the           unit is responsible          unit is responsible for
      organizational objectives.          risks undertaken,             for developing the           independently assessing
                                          their execution, and          framework, policies,         the effectiveness of
                                          outcomes (day-to-day risk principles, and                  risk management
                                          management and control) methodologies for the              implementation and
                                          1. Responsible for            Bank's risk management       internal control
                                              managing and              1. Prepares proposals        1. Conducts independent
                                              controlling risks            for risk management          and periodic internal
                                              inherent in daily            strategies and policies,     audits on the
                                              business activities or       including risk appetite      implementation of
                                              functions.                   and limits.                  risk management and
                                          2. Identifies, measures,      2. Develops the                 internal control.
                                              mitigates, monitors,         framework, policies,      2. Develops
                                              and reports risks            principles, tools,           recommendations
                                              inherent in business         methodologies, and           for corrective actions
                                              activities/functions in      standards for risk           and monitors their
                                              accordance with the          management.                  implementation.
                                              strategies, policies,     3. As a risk oversight       3. Reports audit results to
                                              and risk parameters          unit, conducts risk          the Audit Committee
                                              established by the           aggregation and              and key stakeholders
                                              Second Line Roles.           comprehensive                within its authority.
                                                                           reporting.
                                                                        4. Provides advice or
                                                                           recommendations
                                                                           to First Line Roles in
                                                                           implementing risk
                                                                           policies within their
                                                                           authority.
                                                                        5. Escalates critical issues
                                                                           or key decisions to
                                                                           Senior Management/
                                                                           Board of Directors
                                                                           and/or the Risk
                                                                           Management & Anti-
                                                                           Fraud Sub-Committee
                                                                           and/or the Integrated
                                                                           Risk Management
                                                                           Committee.




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SCOPE OF INTERNAL CONTROL SYSTEMS                                  Controlling Compliance with Other Laws
                                                                   and Regulations
The scope of the BNI Internal Control System                       To protect BNI from legal risks, the Bank's
includes the following:                                            Compliance Function carries out comprehensive
1. Strategic control, aims to ensure that every                    monitoring activities to ensure compliance between
   strategy or policy determined is in accordance                  the implementation of daily banking operations and
   with BNI's goals, vision and mission;                           policies, provisions, systems and procedures, as
2. Operational control aims to achieve operational                 well as applicable laws and regulations. In carrying
   efficiency and effectiveness;                                   out its duties, the Compliance Function is directly
3. Reporting control, aims to ensure the quality of                responsible to the Director who oversees the Bank's
   any information/reports produced and used in                    compliance area.
   decision making, both internal and external;
4. Compliance control aims to ensure the level                     REVIEW OF THE EFFECTIVENESS OF THE
   of compliance with laws, regulations, and                       INTERNAL CONTROL SYSTEM [ACGS D.3.18]
   legislation related to operations.
                                                                   Within the framework of BNI's internal control
FINANCIAL AND OPERATIONAL CONTROL                                  system, the Board of Directors is responsible for
AND COMPLIANCE WITH LEGISLATION [ACGS:                             ensuring the implementation of the SPI internal
D.3.19]                                                            control system and is obliged to improve and
                                                                   ensure a risk awareness culture is embedded at
BNI Financial and Operational Control                              every level of the organization. Meanwhile, Internal
The Bank carries out control activities that include               Audit is responsible for evaluating the adequacy,
establishing control policies and procedures as well               effectiveness and efficiency of SPI and plays an active
as implementing an early verification process to                   role in continuously improving the effectiveness of
ensure that each policy and procedure is consistently              SPI to achieve the goals set by BNI.
complied with. Control activities are implemented
at all functional levels in accordance with BNI's                  Throughout 2024, BNI Internal Audit has carried
organizational structure.                                          out its duties and responsibilities in supporting
                                                                   the effectiveness of the Bank's internal control by
In its implementation, BNI's internal control covers               conducting periodic reviews and inspections of all
2 (two) main areas, namely operational control                     activities in Work Units and Subsidiaries. Based on
and financial control, including compliance with                   the results of these periodic evaluations, Internal
applicable laws and regulations. Control over                      Audit assesses that BNI has implemented SPI in
accounting or financial aspects is carried out to                  accordance with universally applicable control
ensure that all financial transactions carried out by              principles and demonstrated good implementation
work units and management are in accordance with                   quality, as well as supporting the achievement of
statutory provisions and comply with the Bank's                    targets set by Management.
internal procedures so as to produce accurate
financial reports. Meanwhile, operational control                  Even though the implementation of SPI is deemed
focuses on the efficiency and effectiveness of                     adequate, continuous improvement efforts remain a
business processes. Both are complementary and                     priority that must be carried out continuously by all
must be carried out in accordance with applicable                  parties so that the Bank's management continues to
laws and regulations.                                              run well in accordance with applicable regulations.
                                                                   In this way, BNI can close gaps in fraudulent
                                                                   practices or other bad corporate governance that
                                                                   have the potential to impact material or immaterial




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  losses for the Bank. The results of the Internal Audit
  evaluation have been submitted to the Board of
  Directors for further follow-up by the relevant Work
  Unit. The Board of Commissioners, especially the
  Audit Committee, plays an active role in evaluating
  SPI by reviewing the results of the evaluation carried
  out by Internal Audit.

  STATEMENT OF THE BOARD OF DIRECTORS
  AND BOARD OF COMMISSIONERS ON THE
  ADEQUACY OF THE INTERNAL CONTROL
  SYSTEM [ACGS D.3.18, D.3.20]

  Based on the results of the review and discussion
  with Management, Audit Committee, External
  Auditor, Internal Audit and several Related Divisions,
  the Board of Directors and Board of Commissioners
  again stated that BNI has an effective and adequate
  SPI in managing the risks faced by the Bank during
  2024. The Bank succeeded in maintaining its risk
  management within tolerance limits (risk appetite) to
  support the achievement of the Bank's objectives as
  reflected in the Bank's operational activities running
  effectively and efficiently, submitting accurate and
  reliable financial reports, safeguarding the Bank's
  assets, and complying with applicable laws and
  regulations.




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Risk Management
System                           [ACGS D.3.17, D.3.18, D.3.19, D.3.20]




OVERVIEW OF THE RISK MANAGEMENT                                                    and potential risks, considering changes in the risk
SYSTEM IMPLEMENTED BY BNI                                                          profile due to shifts in business strategy, external
                                                                                   factors, and regulatory requirements.
For BNI, the implementation of risk management
is an integral part of complying with regulations                                  BNI employs the Enterprise-Wide Risk Management
and adhering to the principles of prudence in                                      (EWRM) framework to manage risks individually
executing business strategies to respond to the                                    or in an integrated manner with BNI's Financial
rapidly evolving external and internal dynamics of                                 Conglomerate (KK) through the alignment of risk
the banking sector. In practicing good corporate                                   appetite with the business strategies of each entity.
governance, especially in risk management, BNI                                     The proactive and forward-looking implementation
has established a General Risk Management Policy                                   of EWRM enables the Bank to enhance its capabilities
and an Integrated Risk Management Policy that                                      and coordination in applying a risk-based approach
serve as the standard reference for all internal                                   more effectively, thereby achieving healthy and
stakeholders of the Bank in managing risks and                                     sustainable business growth and delivering optimal
business opportunities. These policies also guide                                  returns for shareholders in line with the established
the Bank in anticipating and managing both current                                 risk appetite and risk tolerance.




In simple terms, BNI’s risk management framework and governance are illustrated as follows:
                                                                      BNI Governance

  Governance
                    Transparency              Accountability             Accountability                 Independence               Fairness


       AGM                                                         GMS/Highest Authority

                                                                   Board of Commissioners


   Board of       Integrated Governance               Remuneration &
 Commissioners                                                                          Risk Monitoring Committee          Audit Committee
                        Committee                   Nomination Committee


                                                                                                                             External Audit
                                                                                                                            (KAP, OJK, BPK)

                                                                     Board of Directors


   Board of         Subsidiaries            Asset & Liability         Human Capital                Performance             Credit Policy
   Directors        Committee                 Committee                Committee               Management Committee        Committee



                 Komite Manajemen                                       Technology                                      Credit Risk Management &
                                          Business Committee                                       Credit Committee
                  Risiko Terintegrasi                              Management Committee                                   Anti-Fraud Committee


                                                                       1st Line Roles                                      2nd Line Roles            3rd Line Roles
   Business                                                               Business                                     Risk Control Function         Internal Audit
   Units &
  Functional
    Units
                                                                     Day to Day Control                                                    Periode Control


                                                                     Internal Control




BNI’s risk management framework defines risk management framework and processes with interrelationships
and reciprocal relationships between the Board of Commissioners and the Board of Directors, the
supporting Committees of the two Boards, and Divisions, as well as between the organizational bodies
and Subsidiaries. In implementing effective and comprehensive risk management, BNI strives to build a
robust risk management infrastructure foundation that covers Governance and Organization (including



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  human resources), Policies and Procedures, Risk                           information technology, and the strengthening of
  Management Processes, Measurement Tools and                               risk awareness through the internalization of a risk
  Methods (including Risk Model Quantification), and                        culture across the entire organization of BNI and its
  IT backed-methodologies and strong risk culture.                          Financial Conglomerate members.

  RISK MANAGEMENT FRAMEWORK                                                 To support the Bank's efforts in achieving healthy and
                                                                            sustainable growth, thereby optimizing shareholder
  As outlined in BNI's General Risk Management                              value, BNI consistently strives to mitigate risks and
  Policy and Integrated Risk Management Policy, the                         maximize opportunities without disregarding the
  risk management framework is based on a risk                              principles of risk management. For the effective
  operating model, covering governance, processes,                          implementation of Risk Management, both for BNI
  policies, and the tools and methodologies used. This                      individually and in Consolidation and Integration
  risk management process is supported by adequate                          with Subsidiaries, BNI's Risk Management
  quality and quantity of human resources, sufficient                       encompasses 4 (four) main pillars, namely
                                                                            :




               Pillar 1                            Pillar 2                        Pillar 3
                                                                                   Adequacy of risk
                                                                                                                      Pillar 4
             Active oversight of                 Adequacy of risk                   identification,
             Board of Directors              management policies and                measurement,                 Comprehensive internal
                 and Board                        procedures and               monitoring and control               control system
             of Commissioners                determination of risk limits      processes as well as risk
                                                                                     management
                                                                                 information systems




  PILLAR 1: ACTIVE OVERSIGHT BY THE BOARD OF DIRECTORS AND BOARD OF
  COMMISSIONERS

  Oversight by the Board of Directors [ACGS D.3.18]
  The active oversight by the Board of Directors over BNI's risk management includes the following:
  1. Formulating comprehensive written policies, strategies, and frameworks for Risk Management. This
     includes setting risk limits, both in total and by risk type, taking into account the Risk Appetite (the
     level of risk the bank is willing to take) and Risk Tolerance, in accordance with the Bank's conditions.
     Furthermore, the Board of Directors considers the impact of risk on capital adequacy. Once the policies,
     strategies, and frameworks are approved by the Board of Commissioners, the Board of Directors will
     implement them.
  2. Developing, establishing, and updating procedures and tools for identifying, measuring, monitoring, and
     controlling risks at BNI.
  3. Designing and setting transaction approval mechanisms, including transactions exceeding limit
     thresholds, and establishing authority levels for each position tier.
  4. Evaluating and/or updating the policies, strategies, and frameworks for Risk Management at least once
     a year, or more frequently if there are significant changes in factors that affect the Bank's business
     activities, risk exposures, or risk profiles.
  5. Establishing a clear organizational structure, including the delegation of authority and responsibilities at
     each position level related to the application of Risk Management.
  6. Being responsible for the implementation of the policies, strategies, and frameworks for Risk Management
     approved by the Board of Commissioners, and conducting evaluations and providing guidance based on
     reports from the Risk Management Work Unit (RMWU), including reports on the Risk Profile.
  7. Ensuring that all material risks and their impacts have been addressed, and submitting periodic
     accountability reports to the Board of Commissioners, covering developments and issues related to
     material risks, as well as corrective actions that have been, are being, or will be taken.
  8. Ensuring the implementation of corrective measures on issues or deviations in BNI’s business activities
     identified by the Internal Audit Work Unit (IAWU).
  9. Ensuring the adequacy of the quality and quantity of human resources and the improvement of their
     competence to support BNI’s risk management implementation effectively.


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10. Developing risk management culture in BNI                   7. Evaluating and adjusting the Integrated Risk
    culture including risk awareness at all levels of              Management policy at least once a year or at
    the organization.                                              any time in the event of changes in factors that
11. Ensuring that the Risk Management function is                  significantly affect business activities of the BNI
    implemented independently.                                     Financial Conglomerate.
                                                                8. Understanding the risks inherent in all business
In general, BNI Board of Directors is responsible                  activities in the BNI Financial Conglomerate and
for implementing good corporate governance, risk                   take the necessary actions according to the BNI
management, and integrated compliance that is                      Financial Conglomerate Risk profile, including by
adjusted to the latest developments in the banking                 providing recommendations on proposals related
ecosystem and supported by digitalization and                      to the implementation of Risk Management to
technological innovation, in accordance with the                   LJK in the BNI Financial Conglomerate.
provisions stipulated in the BNI Board of Directors             9. Ensuring the adequacy of infrastructure to
Charter stated in the Board of Directors Decree No.                manage and ensuring that all risks can be
KP/339/DIR dated August 6, 2024.                                   controlled.

BNI    Board      of   Directors’    authorities and            In carrying out the above duties and responsibilities,
responsibilities in integrated risk management                  the Board of Directors is assisted by the Risk
include at least:                                               Management Work Unit (SKMR), which also serves as
1. Preparing written and comprehensive Integrated               the Integrated Risk Management Work Unit (SKMRT).
   Risk Management policy, taking into account the              Supervision of the Bank's risk management by the
   level of risk appetite and risk tolerance.                   Board of Directors is conducted through various
2. Implementing the Integrated Risk Management                  forums, including the Board of Directors Meeting
   policy that has been set, including:                         (Radisi), Risk Management & Anti Fraud Committee
   a. Ensuring the implementation of Integrated                 (KRA), Risk Management Sub-Committee (RMC)
      Risk Management in the BNI Financial                      and Anti Fraud Sub-Committee (KAF) meetings, as
      Conglomerate.                                             well as Credit Policy Committee and Integrated Risk
   b. Ensuring that all significant Risks and the               Management Committee (KMRT) meetings.
      impacts caused by the Risks in question have
      been followed up.                                         Supervision by the Board of Commissioners
   c. Submitting accountability reports to the                  [ACGS D.3.18]
      Main Entity’s the Board of Commissioners                  The Board of Commissioners actively oversees the
      periodically.                                             Bank’s risk management activities, including:
   d. Communicating         the     Integrated   Risk           1. Approving BNI’s risk management policies,
      Management policy effectively to all relevant                including the strategies and frameworks set
      organizational levels in the BNI Financial                   in accordance with the level of risk to be
      Conglomerate so that it is clearly understood.               undertaken (Risk Appetite) and Risk Tolerance,
3. Developing Risk culture as part of the Integrated               both quantitative and qualitative aspects of Risk
   Risk Management implementation for the BNI                      Appetite;
   Financial Conglomerate.                                      2. Evaluating the risk management policies and
4. Ensuring that the Integrated Risk Management                    strategies at least once a year or when there are
   implementation         has     been      conducted              significant changes in the factors affecting BNI’s
   independently.                                                  business activities;
5. Ensuring the effectiveness of human resource                 3. Evaluating the accountability of the Board of
   management which includes competence,                           Directors and providing corrective guidance on
   qualifications, and adequacy of human resources                 the implementation of BNI’s risk management
   at BNI as the Main Entity to carry out the                      policies periodically;
   Integrated Risk Management function.                         4. Evaluating and decide on the request or
6. Conducting evaluation of the Integrated Risk                    proposal of the Board of Directors relating to
   Management Work Unit review results on the                      BNI's transactions or business activities which
   Integrated Risk Management process periodically                 in accordance with the provisions require the
   to ensure:                                                      consideration and approval of the Board of
   a. The accuracy of risk assessment methodology                  Commissioners; and
   b. The adequacy of risk management information               5. Ensuring that risk management policies and
      system implementation                                        processes are effectively and integrally executed
   c. The accuracy of risk management policies                     within BNI’s overall risk management process.
      and procedures and determination of risk
      limits and thresholds



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  To carry out the above functions, the Board of                      In exercising its active supervision role over the
  Commissioners establishes a Risk Monitoring                         Bank’s risk management, both individually and in an
  Committee with the following duties:                                integrated manner, BNI’s Board of Commissioners is
  1. Evaluating the alignment between risk                            assisted by the Risk Monitoring Committee (RMC),
     management policies and their implementation                     the Audit Committee, and the Integrated Governance
     by the Bank;                                                     Committee. The Board of Commissioners’
  2. Monitoring and evaluating the tasks of                           supervisory functions are carried out through
     the Risk Management Committee and the                            forums such as the Board of Directors and Board
     Risk Management Work Unit to provide                             of Commissioners meetings (Radekom), as well as
     recommendations to the Board of Commissioners;                   meetings of the Risk Monitoring Committee, the
  3. Performing other specific tasks related to the                   Integrated Governance Committee, and the Audit
     functions and scope of the Risk Monitoring                       Committee.
     Committee as assigned by the Board of
     Commissioner s.                                                  In 2024, the agenda for the implementation of the
                                                                      Board of Commissioners' supervisory function
                                                                      carried out through the Board of Directors and Board
                                                                      of Commissioners Meeting (Radekom) forum, as
                                                                      well as in the Risk Monitoring Committee, Integrated
                                                                      Governance Committee and Audit Committee
                                                                      meetings, as follows:


    No.           Date                                                         Agenda
                                  Risk Monitoring Committee Meeting on Leading and Lagging Indicators for Credit, Market,
     1     January 9, 2024
                                  Liquidity, Operational, Legal, Strategic, Compliance, and Reputation Risks
                                  Submission of Advice and Counsel of the Board of Commissioners on the Implementation of
     2     January 3, 2024        the Risk Monitoring Committee Meeting regarding Leading and Lagging Indicators for Credit,
                                  Market, Liquidity, Operational, Legal, Strategic, Compliance, and Reputation Risks.
                                  Integrated Governance Committee with the agenda of Integrated Risk Profile Evaluation and
     3    February 06, 2024
                                  Integrated Minimum Capital Adequacy (CAR) position December 31, 2023
     4    April 4, 2024           Board of Commissioners Meeting on Review of BNI Risk Appetite Statement (RAS) Year 2024
                                  Board of Commissioners Letter on Evaluation of Threshold Policy for Transaction Authority of
     5    April 23, 2024
                                  SOEs and SOE Subsidiaries
                                  Risk Monitoring Committee Meeting on the Evaluation of Risks related to Transactions in
     6    July 2, 2024            Treasury, including Market Risk and Liquidity Risk that Take into Account Country Risk and
                                  Transfer Risk
                                  Board of Commissioners Meeting on Review of General Policy of Internal Control System
     7    July 4, 2024
                                  (KUSPI) Year 2024
                                  Integrated Governance Committee with the agenda of Integrated Risk Profile Evaluation and
     8    August 06, 2024
                                  Integrated Minimum Capital Adequacy (CAR) position June 30, 2024
                                  Risk Monitoring Committee Meeting and Board of Commissioners' Response regarding 3 (three)
     9    September 5, 2024
                                  Top Risk BNI Quarter II-2024
                                  Board of Commissioners Meeting on Discussion of BNI Risk Maturity Index (RMI) Assessment
    10    September 24, 2024
                                  Year 2024
                                  Integrated Governance Committee with the agenda of Evaluating the Integrated Risk
    11    November 19, 2024
                                  Management General Policy and Integrated Capital Policy for 2024
    12    November 21, 2024       Board of Commissioners Meeting for Updating the BNI Recovery Plan Document for 2024/2025
                                  Board of Commissioners Meeting for Reviewing the General Risk Management Policy (KUMR)
    13    December 5, 2024
                                  and Integrated Risk Management and Capital Policy (KUMRT) for 2024
                                  Risk Monitoring Committee Meeting regarding the Risk Evaluation related to Transactions in
    14    December 24, 2024
                                  Treasury, including Market Risk and Liquidity Risk that Account for Country Risk and Transfer Risk


  The Bank’s Risk Governance is the foundation for its Risk Management implementation to run effectively.
  Risk Governance regulates roles and responsibilities, decision-making processes, relationships between risk
  management functions, as well as the establishment of policies that ensure that risks are managed properly.




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BNI Risk Governance

                                                                      Ensure that the implementation of Risk Management
                                                                      is adequate and in accordance with the Bank’s
                          Oversight             Board of              characteristics, complexity and risk profile. In its
                                                                      implementation, assisted by Risk Monitoring Committee
                                              Commissioners
                                                                      and Integrated Governance Committee

                  Oversight &                                                In charge of implementing adequate risk
                                            Board of Directors               management and in accordance with the Bank’s
                   Execution                                                 characteristics, complexity and risk profile


                                            Risk Management                          Assist Board of Directors in establishing policies,
             Escalation                                                              development and implementation of risk management
                                               Committee
                                                                                     and escalation to Board of Directors

                                                                                            Implement risk management according to each role:
    Implementation &                Risk Taking Unit, Risk Control Unit,                    • Risk owner (risk taking) manages the risks inherent
         Control                           Risk Assurance Unit                                in the business and their respective functions
       Mechanism                                                                            • Risk control prepares the framework, policy
                                                                                              principles and methodology for bank risk
                                                                                              management
                                     INTERNAL CONTROL PROCESS                               • Risk assurance, independently assesses the
                                                                                              effectiveness of the implementation of risk
                                                                                              management and internal control

                        An effective Internal Control Process is an important component in Bank management and lays a foundation for sound
                        and safe Bank operational activities and can assist the Board of Directors and Board of Commissioners to safeguard
                        Bank assets, ensure the availability of reliable financial and managerial reporting, improve compliance. The Bank
                        complies with applicable laws and regulations, so as to reduce the risk of losses, deviations and violations of prudential
                        aspects.



PILLAR 2: ADEQUACY OF RISK                                                 risk management for each Risk Management Unit
MANAGEMENT POLICIES AND                                                    and is adequately documented. Evaluation and/
PROCEDURES, AND RISK LIMIT                                                 or updating of risk management procedures are
DETERMINATION                                                              conducted periodically, or in the event of changes in
                                                                           the policy document above it.
To support the effective implementation of
risk management, BNI has established a risk                                In order for the management of each type of risk
management policy document, the formulation of                             and the mitigation measures taken to be more well
which has been aligned with BNI’s vision, mission,                         aimed, BNI further describes the detailed provisions
and strategic plans. This written guideline has been                       of each Risk Management Procedure into Technical
approved by the Board of Commissioners and                                 Instructions which contain detailed procedures for
serves as a strategic and comprehensive reference                          implementation related to specific products and/or
for all BNI units in managing the risks they face. The                     activities.
following is a list of policies owned by BNI related to
the Bank’s risk management practices:                                      As part of its risk control efforts, BNI establishes
1. General Risk Management Policy;                                         risk limits that serve as thresholds to determine the
2. General Integrated Risk Management and                                  level of intensity for risk mitigation measures to be
    Integrated Capital Policy; and                                         implemented by Management. The determination of
3. General Internal Control System Policy.                                 these limits encompasses a variety of thresholds,
                                                                           such as those for specific risks (credit risk, market
The formulation of these policies focuses on                               risk, and liquidity risk), functional activities, and
the identification and control of risks relevant                           overall limits.
to BNI’s business activities and is designed with
consideration of the level of risk appetite, risk                          Policies, procedures, and risk limits in BNI's risk
tolerance, and limit setting. The Policy Document is                       management framework are reviewed periodically
evaluated and/or updated periodically once a year,                         and approved by the Board of Directors through
or in the event of significant changes that affects                        Committee Meetings or circulation to the Board in
BNI's business activities.                                                 accordance with their respective authority levels. As
                                                                           part of its risk measurement and control processes,
Furthermore, the policy document is described in the                       BNI conducts regular reviews of its Risk Management
form of an operational Risk Management Procedure                           Policies and Procedures, particularly in response to
which is used as a reference for implementing                              significant changes affecting the Bank's business
                                                                           activities.




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  PILLAR 3: ADEQUACY OF RISK IDENTIFICATION, MEASUREMENT, MONITORING, AND
  CONTROL PROCESSES, AND RISK MANAGEMENT INFORMATION SYSTEM

  BNI's Risk Management process encompasses the stages of risk identification, measurement, monitoring,
  and control for all material risk factors, supported by a Risk Management Information System. Risk
  identification is conducted proactively, covering all of the Bank's business activities to analyze the sources,
  likelihood, and potential impact of risks. Subsequently, the Bank measures risks based on the characteristics
  and complexity of its business activities. To monitor risk measurement outcomes, the Bank has established
  an independent unit separate from the transaction-executing parties. Additionally, BNI has developed a
  management information system tailored to the Bank's business characteristics, activities, and complexity.

  To enhance the effectiveness of risk management implementation, BNI has established adequate procedures
  for identifying, measuring, monitoring, and controlling risks, as well as a comprehensive risk management
  information system.


     Risk Identification                                                                                      Risk Measurement
     Risk identification is carried                                                               Risk measurement process is
     out proactively for all                                                                       carried out to determine the
     business activities in order to                                                                magnitude of risk exposure
     analyze the source, level of                                                                 as a reference for performing
     possibility of risk arising and                                                               control and for the purposes
     the impact                                                                                         of calculating minimum
                                                                                                            capital requirements

                                                                 Disclosure
                                                        Report submission, which
                                                        includes:
                                                        • Risk Management
                                                          Report to Regulators
     Risk Monitoring                                      and Management                                             Risk control
     Risk monitoring process is carried out             • Risk Management                             Risk control is focused on
     to ensure that risks are managed                     Information Report to                        risks that can disrupt the
     properly, including by:                              the Public                                     continuity of the Bank’s
     • Monitoring compliance with regulations                                                             business. Risk control
     • Established risk tolerances and limits                                                     process is adjusted to the risk
     • Stress testing results                                                                      exposure as well as the level
     • Risk mitigation efforts undertaken                                                             and tolerance that will be
                                                                                                                            taken




  1. Risk Identification                                               2. Risk Measurement
     The process of risk identification is conducted                      Risk measurement assesses the magnitude of
     proactively across all business activities to                        risk exposure, serving as the foundation for risk
     analyze the sources, likelihood, and potential                       control and the calculation of the Minimum Capital
     impact of risks on the Bank. Key aspects                             Requirement (KPMM). This process is conducted
     considered during this process include:                              quantitatively and/or qualitatively, adhering to
     a. Risk identification is performed periodically.                    regulatory methods or internal methodologies
     b. A structured system is implemented to                             developed by BNI when no specific regulatory
        identify risks across all BNI products and                        guidance exists. Stress testing for credit, market,
        business      activities.                                         and liquidity risks is also conducted to anticipate
     c. Specific risk identification is carried out                       extreme conditions. Key considerations include:
        for new banking products prior to their                           a. The scope of risk measurement should
        introduction      or    implementation.                               include individual risk sensitivities, trends
                                                                              and factors, as well as overall risk exposure or
                                                                              per risk type. This is done by considering the
                                                                              correlation and all risks inherent in the bank's
                                                                              transactions and products.




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   b. Both quantitative and qualitative methods                    b. Risk monitoring is carried out by both
      are employed, either regulator-mandated or                      the Operational Work Unit and the Risk
      internally developed.                                           Management Work Unit;
   c. Measurement       methods      comply     with               c. Monitoring results are presented in reports
      applicable      regulatory       requirements.                  that are submitted periodically to external
   d. Internal methodologies for credit, market,                      parties (Regulators) and internal parties
      liquidity, and operational risks incorporate                    (Management).
      regulatory requirements, including utilization,
      backtesting, validation, and documentation.                  Monitoring activities are conducted by Risk
   e. The Risk Management Unit, in coordination                    monitoring is carried out both by the Operational
      with the Risk Management Division, oversees                  Work Unit (Risk Taking Unit) as the risk owner
      risk measurement.                                            (Risk Owner) and by the Risk Control Unit,
   f. BNI's risk measurement is individually                       and the monitoring results are presented in
      conducted on eight types of risk, while for                  periodic reports, including Bank Health Level
      BNI Financial Conglomeration includes ten                    Report, Risk Profile Report, Minimum Capital
      types of risk. In reporting the Minimum                      Adequacy Requirement (KPMM) Report, Loan
      Capital Adequacy Requirement (CAR) to the                    Portfolio Report, Market Risk and Liquidity Risk
      regulator, BNI's individual risk measurement                 Monitoring Report, Operational Risk Incident &
      focuses on three main risks, namely credit,                  Loss Report, Business Continuity Management
      market and operational risks. Meanwhile,                     (BCM) Monitoring Report, Internal Risk Analysis
      the integrated CAR calculation is performed                  and other risk reports.
      by comparing the actual total capital of the
      Financial Services Institutions (FSIs) of the             4. Risk Control
      Financial Conglomerate members with the                      BNI prioritizes controlling risks that could
      total minimum capital that must be fulfilled                 disrupt long-term business continuity. Key
      by the FSIs of BNI Financial Conglomerate                    considerations       include:
      members.                                                     a. The risk control system refers to established
                                                                      policies and procedures.
   Risk measurement is conducted periodically,                     b. The risk control process is adjusted to the risk
   with results reported to regulators through the                    exposure and the level of risk to be taken (risk
   individual Risk Profile and KPMM reports, as well                  appetite) and risk tolerance.
   as the Integrated Risk Profile and KPMM reports                 c. The hedging and risk mitigation mechanisms
   for the Financial Conglomerate.                                    are carried out by the Operational Work Unit
                                                                      in collaboration with the Management Work
3. Risk Monitoring                                                    Unit.
   The risk monitoring process ensures effective
   management by overseeing mitigation efforts                     BNI's risk control strategies consist of:
   and adherence to set limits. Key considerations                 a. Risk Acceptance
   include:                                                           Specifically for types of risks where
   a. Risk monitoring includes, among others,                         intervention for prevention or corrective
      monitoring of the magnitude of risk exposure,                   actions is not feasible, the potential risk will
      risk tolerance, limit compliance, and stress                    be accepted as a consequence for the Bank
      testing results as well as consistency of                       in capitalizing on business opportunities, with
      implementation of established policies and                      the consideration that the risk remains within
      procedures;                                                     the Bank's limits/tolerance. However, strict
                                                                      controls must be enforced when this risk
                                                                      management strategy is applied.
                                                                   b. Risk Avoidance
                                                                      This approach is taken to prevent the Bank
                                                                      from experiencing an unacceptable risk or to
                                                                      prevent the increase of existing risk exposure.
                                                                      Risk avoidance is chosen when the potential
                                                                      benefit of a business activity is smaller than
                                                                      the risk exposure that may arise.




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      c. Risk Transfer                                                    b.		
                                                                             The effectiveness of Risk Management
         Risks inherent to the Bank’s business activities                    implementation includes policies, procedures,
         are transferred to other parties, for example,                      and the establishment of risk limits.
         by utilizing insurance services or outsourcing.                  c.		
                                                                             The availability of information on the
      d. Risk Mitigation                                                     outcomes (realization) of Risk Management
         Risk control will be optimal when efforts                           implementation compared to the targets set
         are made to reduce the existing risks. Risk                         by BNI in accordance with the policies and
         mitigation aims to minimize losses caused by                        strategies for applying risk management.
         external factors or internal incidents within
         the bank. One alternative to mitigate and                        Several risk management applications have been
         reduce risks is through the enhancement of                       prepared to support the implementation of the
         controls and the improvement of systems and                      risk management processes properly, accurately,
         procedures.                                                      and on time, including the Internal Rating System
                                                                          (IRS 2.0), Scoring System, RM Tools, Loan
  5. Risk Management Information System                                   Management System (LMS), Single Integrated
      The Bank develops a Risk Management                                 Monitoring (SIMON) Framework, Credit Card
      Information System to support the execution                         Behavior and Collection, KUR Behavior and
      of processes related to risk identification,                        Collection, Central Limit System, Kondor
      measurement, monitoring, and control, as well                       Global Risk (KGR) Market Risk, Risk Control Self
      as ensuring the availability of accurate, complete,                 Assessment (RCSA) with Process, Risk, Control
      informative, timely, and reliable information that                  and Monitoring (PRCM) mechanism, Loss
      can be used in the decision-making process by                       Event Database (LED), Key Risk Indicator (KRI),
      Management. Key considerations related to                           and Business Continuity Management (BCM).
      the implementation of the Risk Management                           Several Risk Management solutions have been
      Information System include:                                         prepared to support the implementation of Risk
     a. Risk Data Management                                              Management in alignment with the IT Strategic
         Risk     data     management     involves   the                  Plan, including:
         management of risk data used to ensure                           a.		Developing front-end applications for Credit
         the availability, accuracy, and timeliness                           Risk, Market Risk, and Operational Risk;
         of the dissemination of risk management                          b.Preparing data storage and information
         information/reports to relevant stakeholders.                        systems. Before implementing the new
     b. Risk Management Reporting                                             Risk Management Information System,
         Risk management reporting to specific parties                        testing must be conducted to ensure that
         must, at a minimum, consider the following                           the processes and outputs generated
         aspects:                                                             have undergone effective and accurate
           i) The frequency of reporting should be                            development, testing, and re-evaluation.
              adjusted to the needs of the stakeholders,
              ensuring that it provides sufficient                        Before implementing the new risk management
              information for decision-makers.                            information system, BNI conducts testing to
          ii) The reports should include information on                   ensure that the models, systems, processes, and
              total risk exposure, monitoring of material                 results have undergone effective and accurate
              risks, risk limit setting, compliance                       development, testing, and re-evaluation. BNI
              with policies and procedures, business                      has utilized various models and tools to support
              performance achievements, and the                           the Risk Management process and business
              implementation of risk management.                          decision-making. To ensure the accuracy and
                                                                          effectiveness of this process, BNI also has an
      The effectiveness of BNI's Risk Management                          independent validation function under the Risk
      Information System implementation includes:                         Management Sector.
      a.		
         The availability of accurate, complete,
         informative, and timely information that can                     In an effort to optimize the validation process,
         be used by the Board of Commissioners, the                       improve the model life cycle efficiency, and
         Board of Directors, and relevant units in the                    reduce the potential emergence of model risks
         application of Risk Management to assess,                        from the implemented models, BNI is developing
         monitor, and mitigate the risks faced by BNI,                    a framework model called the Risk Management
         both overall and by type of risk.                                Framework Model to enhance the quality of the




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  Bank's risk management practices. Model risk is                                           b.		 Control Model
  defined as the potential loss that may occur due                                               This is carried out through validation during
  to errors in the development, implementation,                                                  the initial stages of model development, as
  validation, or use of models owned by the Bank.                                                well as periodic validation after the model is
  Model risk tends to increase as the number of                                                  implemented. The model validation includes
  implemented models grows, the complexity of                                                    validating the modeling methodology and
  a model rises, or the impact generated by the                                                  validating scoring performance.
  implementation of the model becomes more                                                  c.		 Life Cycle Model
  significant.                                                                                   Through the Life Cycle Model, BNI is able track
                                                                                                 the position of a model within the Model Risk
  The Model Risk Management Framework                                                            Management cycle, from the development
  currently      being     developed    includes:                                                phase, validation, to implementation. This
  a.		 Risk Assessment Model                                                                     information includes the implementation
       This is the process of measuring model risk to                                            status and whether the model has been
       perform priority assessments and model risk                                               reviewed periodically.
       evaluations for model quantification based on                                        d.		 Inventory Model
       materiality and complexity.                                                               The inventory model serves as a catalog of
                                                                                                 existing models at BNI. The model inventory
                                                                                                 includes information related to the models,
                                                                                                 such as the data sources used, the purpose
                                                                                                 for which the model was developed, model
                                                                                                 owner/developer, model validation results,
                                                                                                 and related documentation.

PILLAR 4. COMPREHENSIVE INTERNAL CONTROL SYSTEM

The implementation of the Internal Control System at BNI adopts the Three Lines Model, which is an
implementation of the control strategy within the COSO framework, with the following details:

                                                   BOARD OF COMMISSIONERS
                                            Accountability to stakeholders for organizational oversight


                         The Role of the Board of Commissioners: Integrity, Leadership and Transparency




                              BOARD OF DIRECTORS                                                                  INTERNAL AUDIT
                      Actions (including risk management) to achieve
                                                                                                                                                         EXTERNAL AUDIT


                                  organizational objectives                                                       Independent assurance

       The Risk Owner is responsible        Risk Control is responsible for                                  Risk Assurance is responsible
       for the risks taken, execution,      developing the framework, policies,                              for independently assessing
       and outcomes (day-to-day risk        principles, and methodologies for the                            the effectiveness of risk
       management and control).             Bank's risk management.                                          management and internal control
       • Responsible for managing           • Proposes risk management strategies                            implementation.
          and controlling risks inherent       and policies, including risk appetite &                       • Conducts independent and
          in the day-to-day business           limits.                                                          periodic internal audits of risk
          activities or functions.          • Develops the framework, policies,                                 management and internal
       • Identifies, measures,                 principles, tools, methodologies, and                            control implementation.
          mitigates, monitors, and             standards for risk management.                                • Develops corrective action
          reports risks associated          • As a risk oversight unit, aggregates                              recommendations and
          with business activities/            and reports overall risk.                                        monitors their implementation.
          functions in accordance with      • Provides advice or recommendations                             • Reports audit findings to the
          the risk strategies/policies/        to First Line Roles in implementing                              Audit Committee and key
          parameters established by            risk policies according to their                                 stakeholders according to their
          the Second Line Roles.               authority.                                                       authority.
                                            • Escalates critical issues/decisions to
                                               Senior Management/Directors and/
                                               or the Risk Management & Anti-Fraud
                                               Sub-Committee and/or the Integrated
                                               Risk Management Committee.


                                                 Legend:
                                                       Accountability,           Delegation, Direction, Resourcing,            Alignment, Communication,
                                                       Reporting                 and Supervision                               Coordination, and Collaboration




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  The separation of functions between the Risk Taking                 Based on the 2024 self-assessment, BNI’s risk profile
  Unit, Risk Control Unit, and Risk Assurance Unit                    rating, both individually and in integration with its
  implemented by BNI enables the Bank to conduct                      subsidiaries, was ““Low to Moderate”.These ratings
  internal oversight more effectively and efficiently.                reflect the assessment of inherent risk ratings as “Low
  In the first line of defense (first-line roles), Risk               to Moderate and the quality of risk management
  Owners in each work unit act as the Risk Taking Unit,               implementation ratings as “Satisfactory”.
  responsible for managing inherent risks associated
  with their business activities and daily functions. In              These results indicate that several of the Bank’s risk
  the second line of defense (second-line roles), the                 assessment indicators are at manageable levels
  Enterprise Risk Management Division, Operational                    and within the Bank’s established risk appetite.
  Risk Management Division, Policy Governance                         This demonstrates the Risk Management Unit’s
  Division, and Compliance Division serve as the Risk                 strong performance and reflects the effectiveness
  Control Unit. Meanwhile, the Internal Audit Unit                    and consistency of the Bank’s risk management
  (SAI), as the third line of defense (third-line roles),             system implementation. The “Low to Moderate "
  functions as the Risk Assurance Unit, reporting                     integrated risk profile rating achieved by BNI and its
  directly to the President Director and tasked                       subsidiaries underscores the effective and efficient
  with independently assessing the compliance                         application of risk management processes across all
  of the Bank’s risk management processes and                         activities.
  internal control systems with established policies,
  procedures, and regulatory requirements.                            STATEMENT OF THE BOARD OF DIRECTORS
                                                                      AND/OR BOARD OF COMMISSIONERS ON
  TYPES OF RISK PROFILES AND THEIR                                    RISK MANAGEMENT ADEQUACY [ACGS: D.3.18,
  MANAGEMENT [ACGS: D.3.19]                                           D.3.20]


  To achieve a more comprehensive risk assessment,                    BNI conducted an evaluation of its risk management
  BNI applies integrated risk management in                           system in 2024, achieving satisfactory results.
  accordance with the provisions of POJK No. 17/                      The Bank’s evaluation of the risk management
  POJK.03/2014, dated November 18, 2014, concerning                   system’s effectiveness included regular reviews
  the Implementation of Integrated Risk Management                    of risk management policies and procedures, the
  for Financial Conglomerates, and SE OJK No. 14/                     adequacy of risk management information systems,
  SEOJK.03/2015, dated May 25, 2015. As the Main                      risk exposure reports, and the risk profiles of both
  Entity in the BNI Financial Conglomerate, the Bank                  BNI and its Integrated Risk Profile. Additionally,
  manages 10 (ten) key types of risk: credit risk,                    the Board of Commissioners, assisted by the Risk
  market risk, liquidity risk, operational risk, legal risk,          Oversight Committee, supervised and evaluated
  reputational risk, strategic risk, compliance risk,                 the implementation of the risk management system
  intra-group transaction risk, and insurance risk.                   carried out by the Board of Directors. Operational
                                                                      work units’ proposed mitigation plans were also
  Further explanations of risk types and management                   deemed effective and adequate in addressing the
  measures are disclosed in the sub-chapter "Types of                 risks faced by the Bank.
  Risk and Their Management," Chapter 6: Capital and
  Risk Management Practices, within this 2024 Annual                  The Board of Directors identified key risks related
  Report.                                                             to information technology, such as operational
                                                                      disruptions, cybersecurity, and disaster recovery,
  REVIEW OF RISK MANAGEMENT SYSTEM                                    ensuring that these risks are managed effectively
  EFFECTIVENESS [ACGS D.3.17]                                         and integrated into BNI’s overall risk management
                                                                      framework. Furthermore, the Board of Directors
  BNI periodically evaluates the adequacy of risk                     ensured that BNI has adequate processes for
  identification, measurement, monitoring, and                        addressing significant external risks, including
  control processes conducted by relevant work units.                 health crises, supply chain disruptions, and
  This assessment encompasses all aspects of risk                     geopolitical tensions. This framework is designed to
  management, including policies, procedures, and                     function ex-ante, building resilience before a crisis
  the information systems and technology supporting                   occurs, and ex-post, enabling the Bank to manage
  the Bank’s risk management effectiveness.                           crises effectively during unexpected events. [ACGS
                                                                      D.3.19]




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In addition, BNI also prioritizes managing the                         control system to manage the risks faced during
rapidly evolving risks associated with digital                         2024. These risks remain within the Bank’s tolerance
security, including data protection, cloud solutions,                  limits, supporting the achievement of the Bank’s
authentication     methods,     and      safeguarding                  objectives.
employees working remotely over external
networks. Like other risks, these digital risks must                   STRUCTURE OF BNI’S RISK MANAGEMENT
be fully integrated into the Bank’s risk management                    UNIT
framework to ensure preparedness and resilience
against various threats.                                               The Risk Management Unit’s functions at BNI are
                                                                       carried out by the Enterprise Risk Management
Based on the review of BNI’s risk management                           Division. Hierarchically, the Enterprise Risk
implementation, both individually and as part of its                   Management Division is under and directly reports
Financial Conglomerate, and following discussions                      to the Director of Risk Management, who oversees
with Management, the Risk Oversight Committee,                         BNI’s Risk Management Function.
Audit Committee, Independent Auditors, Internal
Auditors, and several relevant divisions, the Board                    The organizational structure of BNI’s Risk
of Directors and Board of Commissioners state that                     Management Unit as of December 31, 2024, is
the Bank has an effective and adequate internal                        detailed in the following chart:



                                                                                                   Risk Monitoring Committee
                 Board of Commissioners

                                                                                                Integrated Governance Committee

   BOARD OF DIRECTORS
                                                                                                        Audit Committee
                     President Director


                Deputy President Director



                                                                               Provide
          Director                                Director in Charge           Recommendation
                                                of Risk Management                              Risk Management & Anti Fraud
                                                 and Integrated Risk                             Committee (Non Structural)
                                                Management Function



                                                                                                Integrated Risk Management
                                                                                                 Committee (Non-Structural)
                                        Risk Management Work Unit, also as
                                      Integrated Risk Management Work Unit




                                      Financial Services Institution, Member
                                         of BNI Financial Conglomeration



Notes:
1. The BNI Board of Directors and the Board of Commissioners are authorized and responsible for ensuring
   the implementation of Risk Management for BNI on an individual basis and Integrated Risk Management.
2. In performing their supervisory role over the implementation of BNI’s Risk Management and Integrated
   Risk Management, the BNI Board of Commissioners is supported by the Risk Oversight Committee, Audit
   Committee, Nomination & Remuneration Committee, and Integrated Governance Committee.
3. The BNI Director overseeing the Risk Management function is responsible for implementing both
   individual Risk Management for BNI and Integrated Risk Management for BNI’s Financial Conglomerate.
4. To ensure effective risk management, the Board of Directors is assisted by the Risk Management & Anti-
   Fraud Committee’s Risk Management Sub-Committee (KRA-RMC) and the Integrated Risk Management
   Committee (KMRT).




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  5. If deemed necessary, the Director overseeing                                    9. In executing its role, the Risk Management
     the Risk Management function may address                                           Unit has the authority to escalate issues to the
     risk-related issues in other committee meetings                                    Risk Management & Anti-Fraud Committee
     at the Board level or during Board of Directors’                                   (Risk    Management        Sub-Committee/KRA-
     Meetings.                                                                          RMC) or the Director overseeing the Risk
  6. In implementing BNI’s Risk Management, the                                         Management function. Similarly, the Integrated
     Board of Directors is supported by the Risk                                        Risk Management Unit can escalate issues to
     Management Unit (SKMR), which also functions                                       the Integrated Risk Management Committee or
     as the Integrated Risk Management Unit                                             the Director responsible for the Integrated Risk
     (SKMRT).                                                                           Management function.
  7. The Risk Management Unit is responsible
     for facilitating and coordinating with risk                                     ENTERPRISE RISK MANAGEMENT (ERM)
     management units within BNI and across                                          DIVISION
     Financial Services Institutions (LJK) within the
     Financial Conglomerate to manage 8 (eight)                                      The Enterprise Risk Management (ERM) Division at
     types of risks at BNI: credit risk, market risk,                                BNI functions as the Risk Management Unit (SKMR)
     liquidity risk, operational risk, legal risk, strategic                         and Integrated Risk Management Unit (SKMRT),
     risk, compliance risk, and reputational risk, as                                reporting directly to and under the supervision
     well as 10 (ten) types of risks in BNI’s Financial                              of the Director of Risk Management. This Director
     Conglomerate, including intra-group transaction                                 oversees two primary functions: Risk Management
     risk and insurance risk.                                                        and Integrated Risk Management.
  8. The Risk Management Unit, in performing
     its functions, authority, and responsibilities,
     operates independently of operational units (Risk
     Taking Units) and does not engage in activities
     related to the Bank’s business.


  Organizational Structure of the Enterprise Risk Management Division

  The organizational structure of the Enterprise Risk Management Division as of December 31, 2024, is as
  follows:


                                                                          Enterprise Risk
                                                                        Management Division
                                                                              Head



          Enterprise &                                                     Credit Risk             Risk Model           Environmental,
                            Market & Liquidity    Credit & Portfolio                                                                       IT & Digital Risk
        Integrated Risk                                                   Management &            Validation &             Social &
                            Risk Management       Risk Management                                                                            Management
         Management                                                         Modeling              Methodology            Governance
                               Department            Department                                                                              Department
          Department                                                       Department             Department             Management



           Corporate         Tim Tata Kelola &     Credit & Portfolio    Wholesale Segment       Market & Liquidity                         IT & Digital Risk
                                                                                                                       Terms & Framework
        Governance & Risk    Metodologi Risiko    Risk Management &      Credit & Capital Risk      Risk Capital                             Governance &
                                                                                                                              Team
        Methodology Team     Pasar & Likuiditas     Team Portofolio       Management Team         Validation Team                          Methodology Team



                                                      Credit Risk          Retail Segment        Wholesale & Retail
         Corporate Risk        Market Risk                                                                                  Program         IT & Digital Risk
                                                   Management Data       Credit & Capital Risk   Credit Risk Capital
        Management Team      Management Team                                                                            Development Team   Management Team
                                                        Team              Management Team         Validation Team



         Integrated Risk                                                                                                    Portfolio
                               Liquidity Risk
         Management &                                                                                                   Management and
                             Management Team
        Subsidiaries Team                                                                                                Reporting Team



         Overseas Offices
                                                                                                                         Communication
        Risk Management      Middle Office team
                                                                                                                        Management Team
              Team




         General Affairs




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Enterprise Risk Management Division Head Profile

                                                              Rayendra Minarsa Goenawan, M.M, B.C.Sc.
                                                              Enterprise Risk Management Division Head

                                                              Age
                                                              40 years old as of December 31, 2024
                                                              Nationality
                                                              Indonesian citizen
                                                              Domicile
                                                              Jakarta, Indonesia
                                                              Education
                                                              Master’s degree in Management from Universitas Bina Nusantara




 Legal Basis of Appointment                                         Other Companies
 Board of Directors Decree No. KP/289/DIR/R dated June 16, 2023     • Enterprise Risk Management Head - PT Bank OCBC NISP
                                                                      (2017 - 2022)
 Terms of Office                                                    • Enterprise Policy and Portfolio Management Specialist -
 February 17, 2022 - present                                          PT Bank OCBC NISP (2013 - 2016)
                                                                    • Overseas Branch Coordinator - Maybank Mauritius (Formerly
 Professional Certification and/or Training                           known as PT Bank Internasional Indonesia) (2007 - 2012)
 • Risk Management Certification Level 6 (six)                      • IT Specialist - YLB - Wasiat (2005 - 2007)
 • BSE Business Essential - Innovation & Digital Disruption
   Stream                                                           Concurrent Position
 • Business Essentials Program Innovation and Digital               Has no concurrent position.
   Disruption Course
 • Innovation of Products and Services: Design Thinking             Affiliation Relationship
                                                                    Has no affiliation with members of the Board of Directors,
 Work Experience                                                    Board of Commissioners, or Majority/Controlling Shareholders.
 BNI:
 Enterprise Risk Management Division Head - at PT Bank Negara
 Indonesia (Persero) Tbk (2022 - present)


Competency Development of Enterprise Risk Management Division Head in 2024
                                                                                       Date of
                    Competency Development Materials                                                             Organizer
                                                                                   Implementation
ESG Benchmarking                                                                   June 19-22, 2024 BNI
Bank Indonesia Risk Management International seminar: “Enhancing
Enterprise-wide Risk Early System and Integrated Crisis Management                 June 27-28, 2024   Bank Indonesia
Through Digitalization”
                                                                                                      Bankers Association for Risk
Speaker at Bankers Association for Risk Management (BARa)                          August 7-8, 2024
                                                                                                      Management (BARa)
Feasibility Study Sharing Session for Leaders – IT Business Case                   August 30, 2024    BNI
National Seminar of the Communication Forum of the Board of
                                                                                                      Forum Komunikasi Dewan
Commissioners of Regional Development Banks throughout Indonesia
                                                                                                      Komisaris Bank Pembangunan
(FKDK-BPDSI): “Discussion of POJK No. 5 of 2024 (Obligation of Banks to            October 9, 2024
                                                                                                      Daerah Seluruh Indonesia
Develop a Recovery Plan) and PLPS No. 1 of 2021 (Obligation of Banks to
                                                                                                      (FKDK-BPDSI)
Develop a Resolution Plan)”
ACMF – ISSB Technical Training on the IFRS Sustainability Disclosure               October 20-25,     ASEAN Capital Markets
Standards (ISSB Standards)                                                              2024          Forum and IFRS Sustainability
                                                                                   November 11-       Ministry of Environment and
29th Climate Change Conference (COP 29)
                                                                                      22, 2024        Forestry, Azerbaijan

Duties and Responsibilities of the Enterprise                       3. Managing, developing and strengthening the
Risk Management Division                                               implementation of risk management including
As the Risk Management Work Unit (SKMR) and                            performing risk advisory functions
Integrated Risk Management Work Unit (SKMRT),                       4. Managing, developing and coordinating the
the Enterprise Risk Management Division performs                       preparation of Recovery Plans and Resolution
the following functions:                                               Plans
1. Managing and developing the Bank’s and                           5. Managing, developing and coordinating the
   Integrated    strategies,   risk    management                      preparation of Risk Profiles and Bank Health
   frameworks, Risk Appetite, Risk Tolerance                           Levels individually, as well as in a consolidated
2. Managing      and     developing    the   Bank’s                    and integrated manner
   and Integrated policies, procedures and
   methodologies for risk management


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  6. Encouraging the implementation of Risk Culture                   23. Managing and developing information systems,
      in all BNI organizations and Subsidiaries                           applications and solutions for managing market
      and conducting Risk Maturity assessments/                           and liquidity risks
      enhancements                                                    24. Managing and developing credit risk appetite
  7. Managing and developing methodologies                                methodology
      and conducting risk-based bank management                       25. Managing and developing frameworks, credit
      assessments by initiating Capital Allocation                        risk portfolio management methodologies and
      calculations,     Risk   Adjusted     Performance                   Loan Portfolio Guideline and Loan Exposure
      Measurement (RAPM) and Internal Capital                             Limit determination
      Adequacy Assessment Process (ICAAP)                             26. Monitoring and evaluating loan portfolio,
  8. Preparing studies and proposals for risk                             loan portfolio projection scenario analysis, as
      mitigation of new products and activities as well                   well as problem diagnosis and improvement
      as bank product development                                         recommendations
  9. Managing and developing as well as                               27. Managing and developing BNI Credit Risk Profile
      conducting assessments and follow-ups on                            methodology, conducting assessment, analysis
      the implementation of risk management in                            and monitoring of follow-up credit risk profile
      accordance with the provisions of the Regulator                     improvements, as well as developing Credit Risk
      and other external parties                                          Premium (CRP) methodology and calculation
  10. Managing and developing risk and capital                        28. Managing,      developing    methodology       and
      exposures disclosure of BNI and Integrated                          implementing credit risk stress testing calculation
  11. Managing and developing the Risk Management                         according to Regulator’s request and internal
      Information System                                                  needs
  12. Providing assistance in the implementation of                   29. Managing and developing credit risk capital
      risk management in subsidiaries and overseas                        adequacy measurement methodology according
      offices (KLN)                                                       to regulation, as well as conducting calculation,
  13. Managing and developing strategies, risk                            review and evaluation of Credit Risk Weighted
      management frameworks, Risk Appetite, Risk                          Assets (RWA) and Leverage Ratio
      Tolerance for Market Risk and Liquidity Risk                    30. Preparing risk mitigation studies and proposals
  14. Managing and developing policies, procedures,                       for new products and activities, as well as bank
      methodologies and early warning system for                          product development
      market risk and liquidity risk management                       31. Managing       and   developing      Credit    Risk
  15. Conducting management of measurement,                               Management & Portfolio Policies/Procedures/
      monitoring and analysis of market risk, early                       Technical Instructions
      warning system and stress tests of the Treasury                 32. Managing and developing qualitative and
      Division (TRS) and Overseas Offices portfolios                      quantitative credit risk management disclosure
  16. Carrying out the preparation, measurement and                       as a manifestation of the Bank’s accountability
      analysis of the Bank’s market and liquidity risk                33. Managing and developing country risk and
      profiles as well as assisting in the preparation of                 transfer risk control methodologies, including
      risk profiles for Subsidiary Companies                              identification, measurement, and monitoring
  17. Updating the Recovery Plan and Resolution Plan                  34. Conducting business risk analysis on the
      Documents for Market and Liquidity Risks                            provision of Country Exposure Limit (CEL)
  18. Conducting management of measurement,                           35. Managing and developing credit risk database,
      monitoring and analysis of liquidity risk, early                    datamart and data dictionary
      warning system as well as stress tests portfolio                36. Providing assistance in the implementation
      of Treasury Division (TRS) and Overseas Offices                     of credit risk management in subsidiaries and
  19. Managing the implementation of the Middle                           Overseas Offices (KLN)
      Office function, especially for market risk,                    37. Managing and developing an Internal Rating
      liquidity risk and business risk/investment risk                    Based model for Corporate, Medium, Small and
      in the portfolio of the Treasury Division (TRS),                    Consumer Loans
      Overseas Offices and Pension Fund (PSF)                         38. Managing and developing an internal early
  20. Providing advisory in preparing studies,                            warning model and tools for Corporate, Medium,
      policies and strategies and implementing risk                       Small and Consumer Loans
      management                                                      39. Managing and developing a component model
  21. Preparing studies and proposals for risk                            forming Expected Credit Loss (ECL), Credit Risk
      mitigation of new products and activities as well                   Premium, stress tests
      as the development of bank products
  22. Managing and developing disclosure of market
      and liquidity risks



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40. Managing and developing the Internal Rating                 53. Managing and developing ARIMA projections of
    System (IRS) and Integrated Decision Automated                  changes in macroeconomic conditions on credit
    System (IDEAS) as well as integration and                       index movements for all bank business segments
    alignment with the surrounding system and                   54. Managing and developing calculations of
    wholesale and retail segment policies                           Allowance for Impairment Losses
41. Conducting assessments, backtesting, reviews                55. Managing and developing the determination
    and managing cooperation on the use of external                 or definition of Cure Rate and determining the
    Early Warning Mechanism, credit bureau, rating                  Workout Period limit
    system for Financial Institution/Bank, and other            56. Managing and developing validation of stress
    alternative credit scoring/risk modeling                        testing calculations for credit risk, market/
42. Compiling guidelines in the form of risk                        liquidity risk for BNI, Subsidiaries, and Overseas
    acceptance criteria, financial ratio standards, and             Offices
    industry risk portfolios for wholesale (including           57. Managing and developing policies and
    international) and retail segments                              procedures related to Model Validation and
43. Conducting       assessments,      reviews,      and            Backtesting of Risk Models and other Models that
    monitoring of cooperation with partners who will/               have potential model risks
    have collaborated as providers of information               58. Managing and preparing the Model Risk
    technology-based financial services                             Management framework
44. Conducting analysis, insight and corporate action           59. Developing ESG framework & roadmap as a guide
    strategy preparation based on simulation results                for the Bank in implementing ESG principles
    and data modeling in the Corporate, Medium,                 60. Developing, reviewing and monitoring the Bank’s
    Small and Consumer segments                                     Net Zero Emission roadmap
45. Conducting assessments and credit risk studies              61. Developing a framework, managing and
    on new products and activities in the Corporate                 monitoring climate change risk
    (including international), Medium, Small and                62. Coordinating the implementation of ESG
    Consumer segments and subsidiaries                              principles & Climate Change Risk across all
46. Managing and developing Company Guidelines                      Bank business lines, including Subsidiaries and
    related to rating/credit scoring/other credit risk              Overseas Offices
    modeling                                                    63. Acting as a liaison with external parties related to
47. Managing and developing infrastructure and                      ESG implementation
    validate methodology and reperformance of                   64. Carrying out activities as the Supporting Staff
    credit risk models for wholesale and retail                     Group (SSG) of the ESG Sub-Committee
    segments                                                        coordinator
48. Managing and developing methodology and                     65. Monitoring and managing the realization of ESG
    calculation of credit risk back testing models to               implementation based on a bankwide roadmap
    identify the adequacy of reserves for collective            66. Coordinating the preparation and monitoring of
    and individual models in the formation of                       the implementation of the Sustainable Finance
    Expected Credit Loss (ECL)                                      Action Plan (RAKB) and/or Corporate Plan related
49. Managing and developing methodology and                         to ESG
    calculation of credit risk and market risk back             67. Conducting exposure monitoring and reporting
    testing models in accordance with regulatory                    to regulators/other external parties related to
    provisions, current internal policies and changes               ESG (Green portfolio, Green Bond and other ESG-
    in macroeconomic conditions                                     oriented bonds, Indonesian Green Taxonomy
50. Validating     and    analyzing,    as     well   as            (THI),    Sustainability    Report      (sustainable
    recommending market risk models for Value                       governance,         sustainable        management,
    at Risk (VaR) and Interest Risk in Banking Book                 sustainable financing and carbon emission data)
    (IRRBB) models and BNI and Overseas Offices                     etc.)
    liquidity risks                                             68. Managing        and    developing      Digital  Risk
51. Validating     and    analyzing,    as     well   as            Management (DRM) andTechnology, Information,
    recommending operational risk methodologies,                    and Cybersecurity Risk Policies, standardization,
    enterprise risks, and models that have potential                framework and methodology
    risks for BNI, Subsidiaries and Overseas Offices            69. Conducting and developing testing and
52. Conducting        reviews       and        providing            recommendations for mitigating Digital Risk
    recommendations in the development of new                       risks specifically 3rd party risk in the Technology,
    projects/models/methodologies          for    credit,           Information & Cyber Risk aspects
    market/liquidity, operational and enterprise
    risk models for BNI, Subsidiaries and Overseas
    Offices



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  70. Conducting studies, providing recommendations and evaluating Technology, Information and Cyber
      Security Risk on products, activities, and use of existing technology
  71. Managing and developing the Cyber Risk Defense Road Map in order to improve Cyber Security Maturity
  72. Conducting testing and development of follow-up recommendations for risk mitigation on cyber security
      and resilience on all systems and applications bankwide
  73. Managing and developing Digital risk management for all Divisions/Units/Regions/Branches/Centers/
      Overseas Offices, as well as other units that are risk owners
  74. Managing and developing Digital risk mitigation for products, activities, and use of new and existing
      technologies
  75. Managing and developing reporting of Digital Risk Bank, Technology, Information & Cyber Risk and 3rd
      party Digital Risk
  76. Managing and developing Technology Risk, Information Risk, & Cyber Security Risk and coordinating
      with related units
  77. Providing assistance in the Implementation of IT and Digital Risk Management in Subsidiaries and
      Overseas Offices.

  OPERATIONAL RISK MANAGEMENT DIVISION

  In addition to the ERM Division, BNI has also established the Operational Risk Management (ORM) Division,
  which serves as the Risk Management Unit (SKMR) and the Integrated Risk Management Work Unit (SKMRT),
  which are directly under the supervision and responsible to the Risk Management Director. This Director
  oversees two main functions, namely the Risk Management function and the Integrated Risk Management
  function.

  Organizational Structure of the Operational Risk Management Division
  The structure of the Operational Risk Management Division as of December 31, 2024, is as follows:

                                                              Operational Risk Management
                                                                        Division


        Governance & Operational Risk        Business Sustainability Risk
                                                                                Operational Risk Management &
         Management Methodology              Management & Third Party
                                                                                     Advisory Department
                Department                          Department

                Governance &                          Business
                                                                                      Operational Risk                   Operational Risk
               Operational Risk                   Sustainability Risk
                                                                                   Management & Advisory               Information System
                Methodology                         Management



                                                   Third Party Risk
                                                    Management




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Operational Risk Management Division Head Profile

                                                                 Adi Surya Djoko, MBA
                                                                 Operational Risk Management Division Head

                                                                 Age
                                                                 47 years old as of December 31, 2024
                                                                 Nationality
                                                                 Indonesian citizen
                                                                 Domicile
                                                                 Jakarta, Indonesia
                                                                 Education
                                                                 Master of Business Administration from University of Western Australia

Legal Basis of Appointment                                           Other Companies
Board of Directors’ Decree No. KP/878/DIR/R dated December 28, 2023. • Country Head of Operational Risk Management di Citibank (2019-
                                                                       2023)
Terms of Office                                                      • Group Head Operational Risk di PT Bank Mandiri (Persero) Tbk. (2016-
December 12, 2023 - present                                            2019)
                                                                     • Director, Head of Process & Governance, Commercial Banking at
Professional Certification and/or Training                             Standard Chartered Bank (2015-2016)
1. Risk Management Certification - Qualification Level 6             • Head of Operational Risk Management at Maybank (2012-2015)
2. Certified Anti-Money Laundering Specialist (CAMS)                 • Head of Operational Risk & Control at PT Bank Ekonomi Raharja Tbk,
3. Certified Risk Information System Control (CRISC)                   member of HSBC Group (2011-2012)
4. Certificate in Operational Risk Management (CORM)                 • Vice President Operational Risk & Control at HSBC (2003-2011)
5. Certified Governance Risk & Compliance Professional (GRCP)        • Financial Analyst & System Development at PT Astra Honda Motor
6. Certified Governance Risk & Compliance Audit (GRCA)                 (1999-2002)

Work Experience                                                      Concurrent Position
BNI                                                                  Has no concurrent position.
• Operational Risk Management Division Head (2023 – present)
                                                                     Affiliation Relationship
                                                                     Has no affiliation with members of the Board of Directors, Board of
                                                                     Commissioners, or Majority/Controlling Shareholders.


Competency Development of Operational Risk Management Division Head in 2024
                                                                                              Date of
                       Competency Development Materials                                                                   Organizer
                                                                                          Implementation
Risk Management Certification - Qualification Level 6                                      June 14, 2024                   LSPP
Sanctions Masterclass: Investment & Securities                                            October11, 2024                 ACAMS
                                                                                           September 15,
Nexus of Cyber Ransomware & Sanctions Compliance                                                                          ACAMS
                                                                                               2024
Paving the Path to Perpetual KYC                                                          October 5, 2024                 ACAMS
Utilizing Forensic Account to Identify Fraud & Money Laundering Topologies                 September15,
                                                                                                                          ACAMS
and Strengthening anti-fraud control                                                           2024


DUTIES AND RESPONSIBILITIES OF THE OPERATIONAL RISK MANAGEMENT DIVISION

The Operational Risk Management Division broadly undertakes the following duties and responsibilities:
1. Formulating and developing the Operational Risk Management and Business Continuity Management
   (BCM) frameworks.
2. Managing and enhancing tools and methodologies for operational risk management and BCM.
3. Preparing, evaluating, and presenting proposals for setting the Risk Appetite and Risk Tolerance to the
   Board of Directors.
4. Managing and refining the calculation of Operational Risk-Weighted Assets (ATMR) in accordance with
   regulatory requirements.
5. Monitoring the implementation of the Operational Risk Management and BCM frameworks.
6. Managing and advancing programs to enhance Operational Risk Awareness.
7. Conducting studies and analyses of operational risks.
8. Providing advisory support to managed units in conducting assessments and offering recommendations
   for mitigating operational risks associated with the bank's products and/or activities.




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  DEVELOPMENT OF RISK MANAGEMENT COMPETENCIES IN 2024

  Throughout 2024, the Enterprise Risk Management Division and the Operational Risk Management Division
  actively participated in various competency development programs. These initiatives aimed to enhance
  team capabilities and expertise through both internal and external training sessions. The following outlines
  the competency development activities undertaken in 2024:
                                                                                           Date of
                            Competency Development Materials                                                        Organizer
                                                                                       Implementation
   RACE Talk Series: “Next-Level Integrated Credit Tool in Wholesale Banking”  	        January 2024                   BNI
   Industry Training on Fast Moving Consumer Goods (FMCG) and Palm Oil                  February 2024                  BNI
   Analysis
   Risk Maturity Index (RMI) Implementation Workshop                                    February 2024           Asosiasi GIRMA
                                                                                                             (Global Integrated Risk
                                                                                                            Management Association
   Batch II Risk Maturity Index (RMI) Appraiser Training by PT PMLI                       March 2024          Kementerian BUMN
   Training on Firm-Wide Stress Testing using Web-App & Mobile App                        April 2024        Ikatan Sarjana Ekonomi
                                                                                                                Indonesia (ISEI)
   Implementing Governance Risk Compliance (GRC)                                          June 2024                 LSP GRK
   Certified Implementation of Governance, Risk Management, & Compliance                  June 2024                   BNSP
   (GRC)
   Financial Risk Management Part 1 Exam Preparation 	 	                               July - September         KAPLAN Edupac
                                                                                              2024
   Human Capital Management For Leaders (Batch 2&3) 		                                     July 2024            Eclat Consulting
   Corporate Finance Training                                                            August 2024                   BNI
   Banking Risk Management Certification Qualification Level (JK) 5 		                 September 2024          Badan Sertifikasi
                                                                                                               Manajemen Risiko
                                                                                                                    (BSMR)
   Office 365 Enterprise for Change Agent Training                                     September 2024            Mitra Integrasi
                                                                                                                  Informatika
   AFC Trends & Typologies: Pushing Back on Authorised Push Payment Fraud              September 2024               ACAMS
   Implementing an Effective Tax Risk Management Framework                             September 2024               ACAMS
   Consortium Analytics: Stopping Fraud in New and Legacy Payment Channels             September 2024               ACAMS
   Does Your Transaction Monitoring Capture Your Financial Crime Risk SP               September 2024               ACAMS
   Captioned
   It’s Not KYC: The Truth About Identity Verification                                 September 2024                ACAMS
   Sanctions Masterclass - Exploring the Intersection of Ransomware Crypto             September 2024                ACAMS
   and Sanctions Risks
    ACAMS moneylaundering.com 2023 Year-in-Review and 2024 Outlook                     September 2024                ACAMS
   Track the Traffickers: Answering FATF’s Call to Fight the Illegal Wildlife Trade    September 2024                ACAMS
   Sanctions Masterclass: Jurisdiction and Sanctions Regime: Rapid-Fire Update         September 2024                ACAMS
   AFC in Practice: Reviewing Whistleblowing Legislation and Standards                 September 2024                ACAMS
   Jurisdiction and Sanctions Regimes: Rapid-Fire Update                               September 2024                ACAMS
   Masterclass: Lessons in Corporate Entity Research                                   September 2024                ACAMS
   Sanctions Masterclass: Proliferation Financing Fundamentals and Emerging            September 2024                ACAMS
   Trends
   Mobile App Development Couse                                                          October 2024        Timedoor Academy Pro
   Training for Trainers (TFT) on Personal Data Protection Law                           October 2024                BNI
   Training on Threshold Analysis and Data Protection Impact Assessment                  October 2024                BNI
   (DPIA) related to Personal Data Protection
   Training on the Use of Generative AI in e-PP Application (BNI DigiCode)             November 2024                   BNI
   BNI Culture Fest 2024 	                                                             November 2024                   BNI
   Risk Based Planning and Risk Modeling Training                                      November 2024            Ministry of SOEs
   Model Risk Management Effective Implementation 	                                    November 2024         Infopro Digital Risk (IP)
                                                                                                                     Limited
   Workshop Requirement Gathering Inisiatif Solusi E-Statement                         November 2024                   BNI
   Training on Business Plan 2025 Preparation                                          Descember 2024                  BNI
   Directorate Activity Plan for 2025 at BARa Board Meeting                            Descember 2024        Bankers Association for
                                                                                                            Risk Management (BARa)
   Technical Training on Personal Data Protection                                      Descember 2024                Deloitte




                                                                                                            2024 Annual Report
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Page 363
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RISK MANAGEMENT CERTIFICATION

As of December 31, 2024, risk management certification has been conducted as part of efforts to enhance
professionalism, performance, and individual potential in supporting the execution of risk management
responsibilities. The certifications completed include:
Qualification
                                                     Mandatory Position                                         Total Employee
   Level
               Non-Executive Officers in areas related to risk management, compliance, internal
       4       audit and key operations (taking and implementing decisions on credit/financing,                        4,223
               treasury, information technology and financial risks).
               Employees who meet the criteria of Executive Officers in areas related to
               risk management, compliance, internal audit and key operations (taking and
       5                                                                                                               1,924
               implementing decisions on credit/financing, treasury, information technology and
               financial risks).
                                                                                                             6 BoC; 5 SEVP;122
       6       Board of Commissioners (BoC) and SEVP
                                                                                                              Other Employee
                                                                                                         2 BoC; 12 BoD; 2 SEVP; 12
       7       Board of Directors (BoD)
                                                                                                              Other Employee




BOARD OF DIRECTORS’ ASSESSMENT                                        REALIZATION OF TARGETS AND STRATEGIC
OF THE RISK MANAGEMENT UNIT’S                                         INITIATIVES FOR RISK MANAGEMENT
PERFORMANCE                                                           IMPLEMENTATION IN 2024

In 2024, the performance evaluation of BNI’s Risk                     BNI has set a number of strategic targets and
Management Unit (SKMR) remained a primary focus                       initiatives in implementing risk management to
of the Board of Directors to ensure effective risk                    strengthen overall risk management. The realization
management aligned with the Bank’s performance                        of strategic targets and initiatives for implementing
objectives. SKMR consistently conducted routine                       risk management in 2024 are:
assessments of asset quality, operational risk control,
and strategic initiatives. The evaluation results                     A. Credit Risk
indicated that the Bank's key risks remained within                      1. Reviewing Credit Risk Appetite and monthly
the established risk appetite. This effort was further                       monitoring
supported by initiatives to enhance asset quality and                    2. Conduct calculation of Risk Weighted Assets
adopt best-practice operational standards, including                         (RWA) for Credit Risk
capital optimization and digital transformation.                         3. Carrying out calculation of Leverage Ratio
These transformations improved the speed of data-                        4. Preparing disclosure of quantitative and
driven decision-making processes, enabling BNI                               qualitative exposure to Credit Risk
to sustain credit growth and healthy performance                         5. Conduct credit risk stress testing
amid this year’s dynamic market challenges.                              6. Conduct analysis/assessment of Credit Risk
                                                                             on new/existing Bank products, activities and
BNI also continued to optimize low-risk credit                               transactions
segments, emphasizing growth in corporate and                            7. Review of parameters and measurement of
consumer sectors while maintaining liquidity                                 Credit Risk Profile
by improving the CASA ratio. These initiatives                           8. Conduct scenario analysis of credit risk in
and strategies allowed BNI to achieve positive                               Recovery Plan document
consolidated net profit in the first half of 2024,                       9. Technical instructions for identification of
driven by 11.7% year-on-year credit growth and the                           transferable assets
addition of healthy, well-managed assets. These                          10. Carry out Review of Credit Risk Management
improvements underscore BNI’s ability to manage                              Procedures
risks effectively through an adaptive strategic                          11. Conduct review of BNI Loan Exposure Limit
approach.                                                                    (LEL) 2024
                                                                         12. Conduct review of Credit Risk Premium (CRP)
                                                                             calculation 2024
                                                                         13. Conduct analysis/study of loan portfolio
                                                                         14. Monitoring of loan space available periodically
                                                                         15. Conduct review of Loan Portfolio Guideline




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      16. Carry out credit Risk System Management                         34. Actively participate in the development
          with credit database coverage and credit risk                       of improvements to the End to End Credit
          datamart                                                            Process that is more prudent and systemized:
      17. Carry out Management Assistance Credit Risk                         a. LMS      (Loan    Management         System)
          in Subsidiaries and Overseas Offices (KLN)                              Wholesale
      18. Country risk and transfer risk control                              b. LMS Retail
          methodology                                                         c. SIMON (Single Integrated Monitoring)
      19. Reviewing financial ratio standards per                             d. RM Tools
          industry for 2024                                                   e. Prime Customers and TAT Dashboard
      20. Prepare a Review of Industry Risk Rating (IRR)                      f. BNI Move
          in 2024                                                         35. Preparing         Technical        Instructions/
      21. Review of Industry Risk Appetite in 2024                            Implementation Instructions related to rating/
      22. Prepare Risk Acceptance Criteria per                                credit scoring/other credit risk modeling
          Prospective Economic Sector for the                             36. Conduct credit risk assessment of new
          wholesale and retail segments (including KLN                        products and activities in the Corporate
          and NBFI)                                                           (including international), Medium, Small and
      23. Monitoring the implementation of the rating                         Consumer segments and Subsidiaries
          system for FI/Bank                                              37. Carry out validation of SME Scoring Model
      24. Monitoring the Business Banking debtor                              Maximum Credit of IDR5 billion
          rating system in the corporate, medium and                      38. Conduct validation of Internal Industry Risk
          small segments                                                      Rating Model Semester 1 of 2024
      25. Reviewing the IRB model and improving                           39. Conduct validation of Loan Exposure Limit
          the debtor rating system in the corporate,                          (LEL) Calculation in 2024
          medium and small segments                                       40. Carry out validation of Portfolio Category
      26. Monitoring the Early Warning System (EWS)                           Determination in Credit Risk ATMR Calculation
          system in the corporate segment for public                          in 2024
          companies                                                       41. Carry out credit backtesting related to BNI’s
      27. Development of credit risk measurement –                            collaboration with Fintech
          Review of PSAK 71 impairment model                              42. Conduct initial Independent Review of CBI
      28. Develop, review, and/or calibration credit                          Credit Scoring Model
          scoring (application/behavior/collection) and                   43. Validating the Credit Risk Premium (CRP) in
          other risk modeling through the utilization of                      2024
          internal (customer level) and external data for                 44. Conduct validation of Joint Stress Test of
          Consumer, Retail Mass, and Small Segment                            Credit Risk in 2024
          Credit Products                                                 45. Carry out validation of BNI Credit Card
      29. Implementation        and       implementation                      Behavior Scorecard (CCBS) V.3
          monitoring of credit scoring logic/rules                        46. Carry out validation of BNI Fleksi Aplication
          (application/behavior/collection)            for                    Scorecard V.2 Model
          Consumer, Retail Mass, Small Segment Credit                     47. Conduct validation of BNI Fleksi Pensiun
          Products on Integrated Decision Automated                           Application Scorecard V.3
          System (IDEAS) and in scoring modules                           48. Conduct Independent Review of BNI Griya
          found in other surrounding systems                                  Application Scorecard V.3
      30. Enhance IDEAS through the addition of                           49. Conduct Independent Review of Single
          internal data, external data, and integration of                    Integrated Monitoring Tool (SIMON) Model
          surrounding systems                                                 for Corporate, Medium, and Small Segments
      31. Prepare analytical reports for consumer and                     50. Conduct Independent Review of Internal
          retail portfolios                                                   Rating System (IRS) 2.0 Model for Corporate,
      32. Conduct credit risk assessment related to                           Medium, and Small Segments
          the Bank Partner cooperation plan as a                          51. Independent Review of Loan Quality
          technology-based financial service provider                         Calculation in 2024
      33. Carry out data enrichment to improve                            52. Conduct Independent Review of Credit Risk
          scoring capabilities by using external data as                      Stress Test in Recovery Plan in 2024
          additional analysis for credit decision making                  53. Carry out backtesting of ECL Reserve
                                                                              Adequacy
                                                                          54. Reviewing the Determination of Debtor’s
                                                                              Prime Customers Existing to Bank (ETB) SME
                                                                              Segment




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   55. Reviewing the Criteria for New Prime Debtors                   b. Review Early Warning System (EWS) Forex
       (New To Bank) SME Segment                                          parameters; Review Early Warning System
   56. Conduct       review    of    Client   Tiering                     (EWS) Interest Rate parameters
       Implementation (Diamond and Non-Diamond)                       c. Review Off Market Price parameters
   57. Prepare Sustainable Finance Action Plan                        d. Review      JIBOR      Quotation      Fairness
       (RAKB) 2024                                                        parameters
   58. Carry out review of Sustainable Priority                       e. Review the Interest Rate Risk in Banking
       Activities/Programs in BNI’s Sustainable                           Book Modeling results
       Finance Action Plan (RAKB) 2024-2028                       9. Monitoring and controlling treasury business
   59. Quarterly monitoring of RAKB implementation                    risks (market risk, credit risk, operational risk,
       in 2024                                                        and compliance risk)
   60. Carry out review of Green Bond distribution in             10. Monitoring and controlling treasury products
       accordance with BNI’s Green Bond framework                     & business performance at the Head Office
   61. Prepare BNI Green Bond Report 2024                             and Overseas Offices (KLN)
   62. Develop the Climate Risk Stress Test                       11. Conducting measurement, monitoring, and
   63. Evaluate     the    Green    Loan    incentive                 analysis of securities portfolios related to
       implementation                                                 holding periods and significance limits
   64. Carry out calculation of financing emissions               12. Carrying out preparation and analysis of
       for small segments                                             measurement and monitoring of securities
   65. Conduct ESG Management Assistance in                           purchase risks
       Subsidiaries and Overseas Offices (KLN)                    13. Monitoring and analyzing the realization of
   66. Carry out monitoring of Environmental, Social,                 Treasury and Overseas Offices budget loss
       and Governance (ESG) exposure, Indonesian                  14. Monitoring the transaction authority of
       Green Taxonomy (THI), and Sustainability                       Treasury and Overseas Offices Dealers
       Report (SR)                                                15. Carrying out review and submission of input
   67. Implement the Environmental, Social, and                       on the preparation of treasury business
       Governance (ESG) Campaign                                      operational policies and strategies
                                                                  16. Manage market risk monitoring systems/
B. Market Risk                                                        applications
   1. Reviewing and developing Market Risk                        17. Monitoring the Market Risk using an internal
      Management Strategy and Framework                               model (value at risk/VaR) on the Treasury and
   2. Reviewing and developing Risk Appetite and                      Overseas Offices portfolios
      Risk Tolerance for Market Risk in 2024                      18. Evaluate the calculation of BNI’s Interest Rate
   3. Review and develop Market Risk management                       Risk in Banking Book (IRRBB) individually,
      procedures and methodologies for both                           and compile as well as analyze BNI’s IRRBB
      Banking Book and Trading Book                                   developments on a consolidated basis
   4. Reviewing IRRBB (Interest Rate Risk In                      19. Calculation and analysis adequacy of BNI
      Banking Book) procedure, methodology and                        Individual and Consolidated market risk
      reporting documents for BNI Individual and                      capital using the Standardized Model, namely
      Consolidation                                                   Risk Weighted Assets (RWA) Market Risk
   5. Developing and reviewing Market Risk                            periodically
      models/methodologies including:                             20. Conducting calculation of exchange rate and
      a. Market Risk Profile Parameters                               interest rate stress testing (market risk stress
      b. Market Risk Stress Testing                                   testing) according to Regulator’s request and
      c. Financial Instrument Valuation                               internal needs to provide an overview of the
      d. Risk Weighted Assets (RWA) Market Risk                       Bank’s resilience to extreme interest rate and
   6. Prepare qualitative disclosure of Market Risk                   exchange rate movements
      related to applicable Internal and External                 21. Prepare scenario analysis of the impact of
      Policies                                                        changes in BNI’s conditions in the Recovery
   7. Carrying out advisory functions related to                      Plan document
      Market Risk policies, implementation of                     22. Compiling individual market risk profiles
      risk management in treasury portfolios and                      and providing advisory assistance on the
      pension funds                                                   preparation of risk profiles for Subsidiary
   8. Developing, reviewing, and proposing market                     Company periodically
      risk limits for BNI portfolios, including:                  23. Disclosure of market risk related to quantitative
      a. Market Risk Limits (VaR, Budget Loss,                        monitoring based on BNI’s market risk
          Stress VaR)                                                 development monitoring activities




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      24. Carrying out Market Risk analysis/assessment                    4. Prepare quantitative disclosure of Liquidity
          on new/existing Bank products, activities and                       Risk exposure
          transactions and preparing risk mitigation                      5. Conducting Liquidity Risk stress testing
          proposals and submitting them to the relevant                       according to schedule (business as usual),
          units                                                               monitoring and analyzing the development
      25. Monitoring counterparty limits                                      of incidental liquidity risk stress testing
      26. Evaluating the calculation of Net Open                              parameters and recovery plan scenario
          Position (NOP)                                                      analysis
      27. Providing recommendations on Determining                        6. Carrying out Liquidity Risk analysis/
          Maturity Profile Limits                                             assessment on new/existing Bank products,
      28. Conducting validation of JIBOR Fairness Limit                       activities and transactions
          Calculation in 2024                                             7. Reviewing Liquidity Risk Appetite in 2024
      29. Carrying out validation of Forex Banking VaR                    8. Reviewing Liquidity Risk Profile parameters
          Calculation Using the Historical Simulation –                       and measurements and provide advisory
          Perturbation Method on the KGR System                               assistance in the preparation of Subsidiary
      30. Reviewing the K+ Output on DV01 Calculation                         Company risk profiles
      31. Conducting backtesting on BNI Overseas                          9. Monitoring liquidity periodically
          Offices VaR and Head Office VaR                                 10. Preparing Liquidity Stress Test in the Recovery
      32. Reviewing the SVaR Calculation Methodology                          Plan
          and SVaR Limit in 2023                                          11. Implementing advisory functions in the
      33. Reviewing the Market Risk Stress Test on Joint                      implementation of pension fund liquidity risk
          Stress Test (JST) in 2024                                           management
      34. Reviewing the Forex & Securities Market Limit                   12. Reviewing the Determination of the Ideal
          Off Calculation Methodology                                         Secondary Reserve Limit/Safety Level
      35. Validate the Climate Risk Stress Test (CRST) in                 13. Validating the Joint Stress Test of Liquidity
          2024 for Corporate and Middle Segments                              Risk
      36. Validate the Climate Risk Stress Test (CRST) in                 14. Validating the BNI Wide Cash Ceiling Limit in
          2024 for Middle Segments                                            2024
      37. Evaluate the calculation of Interest Rate Risk                  15. Reviewing Calculation of Proposed Regional
          in The Banking Book (IRRBB)                                         Cash Ceiling for Yogyakarta (W17) and
      38. Reviewing the Value at Risk (VaR) Calculation                       Banjarmasin (W09)
          Methodology for Bond Portfolios
      39. Backtesting Value at Risk (VaR) for Bond                    D. Operational Risk
          Portfolios                                                     1. Formulate and develop the framework for
      40. Reviewing the Sensitivity Analysis Calculation                    Operational Risk Management and Business
          Methodology using DV01 for Bond Portfolios                        Continuity Management (BCM).
                                                                         2. Manage and develop tools and methodologies
  C. Liquidity Risk                                                         for operational risk management and BCM.
     1. 1. Reviewing Liquidity Risk Management                           3. Prepare, evaluate and submit proposals for
        Procedures, Domestic and Overseas Office                            determining Risk Appetite and Risk Tolerance
        Liquidity Risk Management Procedures and                            to the Board of Directors.
        Methodologies, BNI Liquidity Coverage Ratio                      4. Manage and develop calculations of Risk
        (LCR) and Net Stable Funding Ratio (NSFR)                           Weighted Assets (RWA) for Operational Risk
        procedures, methodologies and reporting                             in accordance with Regulatory provisions.
        individually and on a consolidated basis.                        5. Monitor the implementation of the Operational
     2. Conducting limit reviews and developing                             Risk Management and BCM framework.
        Liquidity Risk Management Procedures and                         6. Manage and develop programs to improve
        Methodologies, which include:                                       Operational Risk Awareness.
        a. BNI Wide and Regional Rupiah and Foreign                      7. Manage and develop operational risk studies
            Currency Cash Ceilings                                          and analysis.
        b. Safety Level Limits for both Rupiah and                       8. Provide    advisory     assistance    to   the
            Foreign Currency                                                management unit in conducting assessments
        c. Maturity Profile Limits for both Rupiah and                      and     providing     recommendations       for
            Foreign Currency                                                operational risk mitigation of bank products
        d. Early Warning Signal for both Rupiah and                         and/or activities.
            Foreign Currency                                             9. Designing and strengthening strategies
     3. Monitoring and analyzing BNI Wide cash                              through        strengthening       Information
        management and regions                                              Technology (IT) & Digital Risk Management



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   10. Evaluating and compiling recommendations                    9. Reviewing the parameters and measurements
       for mitigating IT & Digital Bank risks, as well                 of the Legal Risk Profile
       as third-party Digital risks                                10. Conducting legal reviews and following the
   11. Compiling a comprehensive analysis and                          Credit Committee on credit proposals decided
       evaluating IT & Digital Risk for products,                      by the Board of Directors
       activities, and the use of new technologies              F. Reputation Risk
   12. Developing Cyber Risk Defense Roadmap to                    1. 1. Review Reputation Risk Profile parameters
       improve BNI’s resilience and Cyber Security                     and measurements
   13. Managing and developing IT & Digital Risk                   2. Monitoring and analyzing negative news
       Management for all divisions, units, regions,                   based on media frequency and tiering
       branches, centers, and other units responsible              3. Providing considerations related to reputation
       for the risks                                                   risk for new/existing bank products, activities,
   14. Acting as an assessor and actively involved                     and transactions
       in carrying out risk advisory functions in the              4. Submitting response letters to the mass media
       process of measuring Digital, Information                       regarding customer complaints/grievances
       Technology and Cyber Security maturity                          against BNI
       standards for regulatory reporting needs                    5. Improving the capabilities of reputation
   15. Reviewing parameters and measuring BNI                          risk management employees regarding risk
       and Subsidiary Information Technology (IT)                      management both at the Head Office and
       risk profiles                                                   Regional Offices
   16. Conducting Thematic Reviews as a step to                    6. Fostering good relations with the mass media
       check Vulnerability in Bank Wide systems and                    through various public relations activities
       applications                                                7. Supporting all work units in preparing press
   17. Conducting Research and Development on                          releases and/or holding statements in the
       solutions to vulnerabilities that impact Bank                   event of a crisis
       Wide                                                        8. Preparing monthly agenda setting to enhance
   18. Conducting simulations related to BNI’s cyber                   positive image
       resilience and security                                     9. Reviewing business process improvements
   19. Provide training and awareness on the                           or acceleration of SLA for resolving customer
       implementation of BNI’s IT & Digital Risk                       complaints
       Management                                                  10. Monitoring and analyzing customer complaint
   20. Perform risk advisory functions in strategic                    trends in collaboration with the entire value
       projects of Digital Banking, Technology                         chain to find root causes and solutions
       Information and Cyber Security and provide                  11. Reviewing Reputation Risk Management
       recommendations related to IT & Digital Risk                    procedures
   21. Carry out validation of Calculation of RWA for              12. Monitoring the Reputation Risk of the
       Operational Risk                                                Company Owner (Government of Indonesia)
                                                                       through:
E. Legal Risk                                                          a. Monitoring periodically the determination
   1. Reviewing      Legal     Risk    Management                          of Indonesia’s rating from credit rating
      Procedures                                                           agencies
   2. Conducting legal analysis/study in the form of                   b. Monitoring       the    development        of
      providing written and verbal advice                                  macroeconomic, domestic economy, and
   3. Carrying out legal counseling/training                               news that can indicate potential changes
   4. Conducting legal review of non-standard                              to Indonesia’s rating
      agreements using the scoring system                          13. Managing BNI Reputation Risk in the context
      calculation method                                               of shareholder and investor trust in BNI
   5. Providing legal assistance to business units                     through:
      related to business activities                                   a. Optimizing the results of BNI’s rating
   6. Handling and resolving legal cases                                   determination by international credit
   7. Supervising case handling                                            rating agencies (Fitch, S&P, Moodys)
   8. Carrying out assessment of Legal Risk on                             through the provision of good data and
      new/existing Bank products, activities, and                          communication
      transactions




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          b. Monitoring the development of BNI’s                          7. Monitoring     compliance      functions     in
             performance and communicating it                                Subsidiaries and Financial Institution Pension
             regularly to investors                                          Fund (DPLK) as well as Overseas Offices
          c. Monitoring and analyzing the development                     8. Implementing Good Corporate Governance
             of negative sentiment from BNI, and
             conveying it to management as input from                 I. Risk Integration
             minority shareholders                                       1. Managing and developing Risk Appetite and
                                                                             Risk Tolerance that are in line with the Bank’s
  G. Strategic Risk                                                          business goals and strategies
     1. 1. Sharpening long-term strategy and targets                     2. Developing strategies and implementing Risk
        in the 2025-2029 RJPP                                                Management in the BNI Bank Business Plan
     2. Preparing medium-term plan in the Bank                               (RBB) for 2024-2026
        Business Plan (RBB) reviewed annually by                         3. Developing methodology and reviewing
        considering     macroeconomic          conditions,                   BNI’s Risk Profile and Bank Health Level (TKB)
        industrial competition, and competitive                              calculations
        assessment of peers, as well as internal                         4. Reviewing General Risk Management Policy
        capabilities in developing strategies that are                       (KUMR) and General Internal Control System
        in line with the long-term plan                                      Policy (KUSPI)
     3. Preparing Company Work Plan and Budget                           5. Managing and developing Risk Management
        (RKAP) by considering current internal and                           Procedures, including:
        external conditions                                                  a. Legal,     Strategic,    Compliance     and
     4. Evaluating and monitoring the realization of                             Reputation Risks
        the achievement of strategies and targets set                        b. Recovery Plan
        in the RBB (will be conducted by comparing                           c. Resolution Plan
        with peers) and Business Plan Unit                                   d. Internal Capital Adequacy Assessment
     5. Reviewing and monitoring new products and                                Process (ICAAP)
        activities, especially related to digital products                   e. Risk Maturity Index (RMI)
        and activities in the RPPB process                               6. Managing        and     developing     Technical
     6. Reviewing the parameters and measurements                            Instructions for Risk Profile
        of the Strategic Risk Profile                                    7. Implementing Risk Culture in all BNI
     7. Conducting more intensive analysis of global                         organizations
        and national economic dynamics including                         8. Implementing the Roadmap for Improving
        projections of important economic indicators                         the Risk Management Implementation based
        to assist strategic decision making in the                           on the results of the BNI Risk Maturity Index
        preparation of the RJPP and RBB                                      assessment in 2023
     8. Reviewing Strategic Risk Management                              9. Conducting assessments of BNI Risk Maturity
        procedures                                                           Index in 2024
                                                                         10. Supporting the implementation of the Risk
  H. Compliance Risk                                                         Management training program (basic risk)
     1. Realizing a culture of compliance at all levels                  11. Conducting analysis and assessment of BNI’s
        of the Bank’s organization and business                              Risk Profile and Health Level individually
        activities                                                       12. Conducting analysis and assessment of BNI’s
     2. Ensuring policies, provisions, systems and                           Risk Profile individually
        procedures as well as business activities                        13. Calculating BNI’s Minimum Capital Adequacy
        carried out by the Bank are in accordance with                       Requirement (KPMM) individually
        regulatory provisions and applicable laws and                    14. Preparing Publication Report on Risk Exposure
        regulations                                                          and Capital, reviewing the Long Form Report
     3. Managing compliance risk                                             (Risk Management) and BNI’s Annual Report
     4. Monitoring and maintaining the Bank’s                            15. Carrying out analysis/assessment of Risk on
        compliance with commitments to Bank                                  new Bank products and Bank activities
        Indonesia, the Financial Services Authority                      16. Updating BNI’s Recovery Plan Document
        and other authorities                                            17. Complying with the Resolvability Test
     5. Managing compliance management                                       reviewed periodically
     6. Improving the quality of the process in                          18. Compiling Internal Risk Analysis (IRA)
        implementing compliance activities                                   including analysis of 8 (eight) types of risk,
                                                                             monitoring Risk Appetite, Risk Tolerance and
                                                                             trigger level Recovery Plan




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  19. Supporting the implementation of Governance                 2. Review the Integrated Risk Appetite Statement
      and Significant Corporate Activities of State-                  and Integrated Risk Limit in 2024
      Owned Enterprises including:                                3. Monitor the Integrated Risk Appetite and
      a. Risk Management Planning in the                              Integrated Risk Limit
          Company’s Work Plan and Budget (RKAP)                   4. Carry out assessment of Risk Profile and Bank
      b. Quarterly and Annual Risk Management                         Health Level on a Consolidated basis
          Implementation and Monitoring Reports                   5. Calculating      BNI’s     Minimum         Capital
      c. Quarterly Risk Composite Rating Reports                      Requirements (KPMM) on a Consolidated and
      d. Preparing Risk Management Strategies                         Integrated manner
          and Long-Term Targets in the 2025-2029                  6. Analyzing and monitoring main risks of all LJK
          RJPP Risk Management Chapter                                members of the BNI Financial Conglomerate
      e. Completing the Risk Module in the Anaplan                    through the Leading Risk Indicator (LRI)
          Management Information System and                       7. Prepare monitoring and review documents
          KBUMN Virtual Data Room (VDR)                               for the implementation of integrated risk
  20. Reviewing and analyzing Risk Management                         management
      to internal and external parties                            8. Ensuring that all Financial Services Institutions/
  21. Providing assistance in the implementation of                   Subsidiaries have established policies and
      Risk Management in Overseas Offices (KLN)                       procedures related to the implementation of
  22. Supporting the implementation of Wealth                         risk management and providing guidance
      Management in Singapore KLN                                     and input to Financial Services Institutions/
  23. Supporting      the     implementation      of                  Subsidiaries      in    implementing         Risk
      Standardization & Centralization of Overseas                    Management
      Branches System                                             9. Conducting integrated stress testing
                                                                  10. Reviewing the Pricing Methodology at BNI
J. Integrated Risks of BNI Financial Conglomerate                     Life
   1. Review the General Policy of Integrated                     11. Conducting backtesting of BNI ECL Reserve
      Risk Management and Integrated Capital                          Adequacy Finance
      (KUMRT) and review the Integrated Capital                   12. Reviewing the Value at Risk (VaR) Calculation
      Management procedures                                           Methodology for Hibank Bonds Portfolio
                                                                  13. Reviewing the Issuer Scoring Model
                                                                      Development Methodology at BNI Asset
                                                                      Management




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  Integrated Risk Management
  Governance                                 [ACGS C.2.6]




  BNI, as a holding company that is also the Main Entity              3. POJK No. 45/POJK.03/2020 (“POJK 45/2020”)
  (EU) in the BNI Financial Conglomeration Structure,                    dated October 16, 2020 concerning Financial
  is obliged to implement Integrated Governance                          Conglomerates;
  (TKT) in all its business activities with the aim of                4. SEOJK No. 15/SEOJK.03/2015 dated May 25, 2015
  improving performance, maintaining compliance                          concerning the Implementation of Integrated
  with laws and regulations, and encouraging the                         Governance (TKT) for Financial Conglomerates;
  application of ethical values that​​    apply in the                5. SEOJK No. 14/SEOJK.03/2015 (“SEOJK 14/2015”)
  financial services industry.                                           concerning the Implementation of Integrated
                                                                         Risk Management for Financial Conglomerates;
  In order to implement a comprehensive and effective                    and
  TKT, BNI designs and implements an internal control                 6. Ministry of SOE Regulation No. PER-2/
  system that is integrated with Subsidiary Companies                    MBU/03/2023    concerning      Guidelines   for
  and all LJKs that are members of the BNI KK, with the                  Governance and Significant Corporate Activities
  aim of supporting the implementation of integrated                     of State-Owned Enterprises.
  risk management. In this regard, BNI as EU has
  also formed a joint commitment between the BNI                      Guided by applicable internal regulations and
  Internal Audit Work Unit and the SKAI of Subsidiary                 provisions, BNI is committed to realizing KK that
  Companies to carry out an integrated internal audit                 grows healthily, prudently, and sustainably and
  function and maintain the development of BNI KK                     has high competitiveness. For this reason, BNI has
  audit quality to ensure that the implementation                     prepared TKT Guidelines, formed a TKT Committee,
  of the internal control function is effective in all                and added an integrated compliance function, an
  operational activities of Subsidiary Companies at all               integrated internal audit function, and an integrated
  levels of management.                                               risk management function in BNI's governance
                                                                      organs. The Controlling Shareholder (PSP) has also
  In implementing consolidated and integrated risk                    appointed BNI as EU coordinator to assess BNI's KK
  management, BNI as EU in the BNI KK has prepared                    risk management process.
  a General Policy for Integrated Risk Management
  (KUMRT) as a form of Bank compliance with                           SCOPE OF INTEGRATED RISK
  applicable regulations in Indonesia and consistently                MANAGEMENT
  implements integrated risk management designed
  to mitigate the risks faced by BNI and its Subsidiaries.            BNI KK has implemented Integrated Risk
  As of December 31, 2024, BNI monitors and manages                   Management comprehensively and effectively
  10 (ten) types of risk, namely credit, market,                      as regulated in POJK 17/2014. Guided by these
  operational, liquidity, legal, reputation, strategic and            regulations, BNI controls and manages KK risk
  compliance risks, intra-group transaction risks, and                exposure by referring to 4 (four) main pillars, which
  insurance risks.                                                    are briefly described as follows:
                                                                      1. Supervision of the Main Entity's Board of
  In practice, the implementation ofTKT and integrated                   Directors and Board of Commissioners
  risk management within the scope of BNI's KK refers                    The Main Entity's Board of Directors and
  to a number of regulations such as:                                    Board of Commissioners are responsible for
  1. POJK No. 17/POJK.03/2014 (“POJK 17/2014”)                           ensuring the implementation of Integrated Risk
      concerning the Implementation of Integrated                        Management in the Financial Conglomeration.
      Risk Management for Financial Conglomerates;                       For this reason, the Board of Directors and
  2. POJK No. 18/POJK.03/2014 (“POJK 18/2014”)                           Board of Commissioners of the Main Entity
      dated November 18, 2014 concerning the                             must understand the risks faced by the Financial
      Implementation of Integrated Governance for                        Conglomerate, develop a Risk culture in the
      Financial Conglomerates;                                           Financial Conglomeration, and ensure the
                                                                         implementation of Risk Management in each LJK
                                                                         in the Financial Conglomerate.



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2. Adequacy of Integrated Risk Management                       1. Pillar I:
   Policies, Procedures, and Limit Determination                   Supervision of the Main Entity's Board of
   Effective implementation of Integrated Risk                     Directors and Board of Commissioners, namely:
   Management must be supported by an Integrated                   a) Forming the BNI Financial Conglomeration
   Risk Management policy that is clearly defined                      Structure;
   by considering the level of risk to be taken (risk              b) Appoint a Director who oversees the
   appetite) and risk tolerance in the Financial                       Integrated Risk Management function;
   Conglomerate.                                                   c) Establish an Integrated Risk Management
                                                                       Committee       and    an     Integrated   Risk
3. Adequacy of the Integrated Risk Identification,                     Management Work Unit;
   Measurement, Monitoring, and Control Process,                   d) Prepare a Corporate Charter that has been
   as well as the Integrated Risk Management                           signed by the President Director/President
   Information System                                                  Director of all LJK Members of the BNI
   Integrated risk identification, measurement,                        Financial Conglomerate;
   monitoring, and control are the main processes                  e) Implement an Integrated Risk Management
   of implementing Integrated Risk Management.                         Committee (KMRT) at least 2 (two) times a
   The Main Entity is obliged to carry out an                          year;
   integrated process of identifying, measuring,                   f) The Board of Directors prepares a General
   monitoring, and controlling risks for all material                  Policy for Integrated Risk Management
   risk factors. Implementation of integrated risk                     (KUMRT) and an Integrated Capital Policy and
   identification, measurement, monitoring, and                        carries out a review at least once per year.
   control processes must be supported, among                      g) The Board of Commissioners gives approval
   others, by:                                                         to the General Policy for Integrated Risk
   1. Adequate Integrated Risk Management                              Management (KUMRT) and Integrated Capital
       Information System; and                                         Policy and carries out evaluations at least
   2. Reports regarding the performance, financial                     once per year; and
       condition, and risk exposure of the Financial               h) Determine integrated risk appetite and risk
       Conglomerate and each LJK in the Financial                      tolerance in the BNI Financial Conglomerate.
       Conglomerate.
                                                                2. Pillar II:
4. Comprehensive Internal Control System for the                   Adequacy of Integrated Risk Management
   Implementation of Integrated Risk Management                    policies, procedures, and limits, namely:
   The process of implementing effective Integrated                a) Prepare and review the General Policy for
   Risk Management must be equipped with a                             Integrated Risk Management (KUMRT) and
   comprehensive internal control system. The                          Integrated Capital Management;
   effective implementation of an internal control                 b) Develop     Integrated    Risk    Management
   system is expected to safeguard the assets of the                   Procedures including Intra-group Transaction
   Financial Conglomerate, ensure the availability                     Risk Management Procedures;
   of reliable reporting, increase compliance with                 c) Develop Integrated Risk Profile Assessment
   statutory provisions and regulations, and reduce                    Procedures;
   the risk of losses, deviations, and violations of               d) Develop Integrated Capital Management
   prudential aspects.                                                 Procedures; and
                                                                   e) Establish integrated risk limits and escalation
Implementing Integrated Risk Management in                             mechanisms for exceeding limits.
BNI's KK is important for knowing the risk exposure
that will arise in integrated financial conglomerate            3. Pillar III:
activities. For this reason, the implementation of                 Adequacy of integrated risk identification,
Integrated Risk Management needs to be carried                     measurement, monitoring, and control processes
out comprehensively, where at the supervision                      and integrated risk management information
level the Board of Commissioners is assisted by the                systems, namely:
Integrated Governance Committee. In this case, BNI,
as the EU, has performed the following things:




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      a) Determine the Integrated Risk Profile                        companies. An explanation of the structure of the BNI
         methodology and carry out assessments                        business group, including the composition of share
         every semester and report to the Financial                   ownership, controlling shareholders, relationships
         Services Authority;                                          with related companies, and Subsidiary Companies
      b) Determine the methodology for calculating                    owned by BNI, can be described as follows:
         the Integrated Capital Adequacy Ratio (CAR),
         carry out calculations every semester, and                   1. Legal entity that owns BNI
         report to the Financial Services Authority;                     Based on the composition of share ownership,
      c) Determine integrated risk appetite parameters                   60% of BNI's shares are owned by the
         and methodology, carry out quarterly                            Government of the Republic of Indonesia, while
         monitoring, and report to the Director in                       the remaining 40% is owned by the public.
         charge of Integrated Risk Management;                           This public ownership consists of individual
      d) Determine the parameters and methodology                        shareholders, domestic institutions, and foreign
         of Integrated Risk Limits, carry out monitoring                 institutions. Ownership of the Government of
         every quarter, and report to the Director in                    the Republic of Indonesia is represented by the
         charge of Integrated Risk Management;                           Ministry of SOE, while foreign public ownership
      e) Determine the parameters and methodology                        is managed through foreign institutions. For
         for the Leading Risk Indicator (LRI) assessment,                domestic public ownership, it involves various
         carry out monthly monitoring, and report                        entities such as mutual funds, pension funds,
         to the Director in charge of Integrated Risk                    foundations, companies, and insurance, as well
         Management;                                                     as ownership by individuals.
      f) Carrying out integrated stress testing of
         exchange rate volatility and interest rates at               2. Ultimate Shareholders
         the BNI Financial Conglomerate; and                             The majority shareholder of BNI is the Ministry
      g) Developing a technology-based Integrated                        of SOE, which acts as the representative of the
         Risk Management Information System.                             Government of the Republic of Indonesia at the
                                                                         General Meeting of Shareholders (GMS) with
  4. Pillar IV                                                           ownership of 60%.
     A comprehensive internal control system for the
     implementation of Integrated Risk Management,                    3. Related Companies (Sister Company)
     namely:                                                             According to Article 4 POJK No. 17/POJK.03/2014,
     a) Continuously disseminate Integrated Risk                         a related company (sister company) is a Financial
         Management to all LJK Members of the BNI                        Services Institution (LJK) that is institutionally or
         Financial Conglomerate; and                                     legally separate but is owned and/or controlled
     b) Monitoring the implementation of Integrated                      by the same controlling shareholder. BNI's main
         Risk Management of all LJK members of the                       controlling shareholder is the Government of
         BNI Financial Conglomerate.                                     the Republic of Indonesia, which also controls
                                                                         several other state-owned companies in the
  FINANCIAL CONGLOMERATE STRUCTURE                                       financial services sector. However, according
  AND OWNERSHIP STRUCTURE OF THE BNI                                     to POJK, relationships between LJKs that are
  FINANCIAL CONGLOMERATE                                                 directly owned by the Central Government
                                                                         are not considered a Financial Conglomerate.
  Based on the provisions of POJK 17/2014 and                            Therefore, Himbara banks are not included in the
  SEOJK 14/2015 concerning the Implementation                            BNI sister company category.
  of Integrated Risk Management for Financial
  Conglomerates, BNI stipulates that LJKs that are                    4. Subsidiary Company
  included in the implementation of Integrated Risk                      BNI has majority ownership in six Subsidiary
  Management within the scope of BNI's KK include                        Companies, where BNI acts as the controlling
  various types of businesses, including banks,                          entity. In addition, BNI also has minority
  insurance companies, reinsurance, securities                           ownership in five Financial Services Institutions
  companies, financing companies, and subsidiary                         (LJK) without a controlling role, as well as two
                                                                         subsidiary companies.




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BNI's KK structure was designed by considering the suitability of the Subsidiary Company's type of
business with OJK regulations and looking at the significance of BNI's capital participation in each entity
incorporated as a member of BNI's LJK KK. Referring to Board of Directors' Letter No. DIR/401 dated June
2, 2022 concerning Members of the Financial Conglomerate of PT Bank Negara Indonesia (Persero) Tbk, the
structure of BNI's KK as of December 31, 2024 is as follows:

                                                                             BNI Financial Conglomeration




            Main Organs                                                                            Board of Commissioners


                                                                                                       Board of Directors

                                           Integrated Governance                                                                                        Integrated Risk
                                                 Committee                                                                                           Management Committee

           Support Organs
                                                                                                       Enterprise Risk                                                     Subsidiaries
                                           Compliance Division            Internal Audit Unit                                           Anti Fraud Unit
                                                                                                     Management Division                                                Management Division

                                          Integrated Compliance           Integrated Internal          Integrated Risk              Integrated Anti Fraud                   Subsidiaries
             Integrated                          Function                   Audit Function           Management Function                  Function                      Development Function
              Function




             Financial
           Conglomerate




The following BNI KK structure chart describes the current entity position and share ownership in the BNI
KK as of December 31, 2024:

                                                                          BNI Corporate Group Structure




              Financing              Securities                  Life Insurance                        Remittance               Banking              Venture Cap.
MAJORITY




            1983 | 99.99%          1995 | 75.00%                 1996 | 60.00%                       1996 | 100.00%           2022 | 63.92%          2023 | 99.98%


                                                                    25.00%                                 40.00%                   36.08%                   0.02%




                    Investment Manager            Securities                                                                                   Mayora Inti
                                                                                                                                               Utama
                          2011 | 99.90%         2021 | 100.00%




                                                                        0.013%        0.122%       1.50%            1.00%
MINORITY




                                                                                                                                                                               *)



               Fintech          Capitl market       Payment System         Securities Rating        Central Custodian         Banking           Banking                Banking           Clearing
             2018 | 9.82%       1977 | 1.20%          2017 | 17.50%          1994 | 0.14%              1998 | 2.50%         2003 | 1.00%      2024 | 0.11%           2021 | 23.24%     2024 | 1.11%


Notes:

            Investment by BNI                                    Percentage of BNI Ownership                                 Notes:
            Investment by BNI Sekuritas                          Percentage of BNI Sekuritas Ownership                       *) In 2021, Bank BNI Syariah officially merged with 2 other
            Investment by BNI Asset Management                   Percentage of Strategic Partner Ownership                      Sharia Banks to become Bank Syariah Indonesia
            Investment by Strategic Partner




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  In detail, information related to BNI’s KK structure is as follows:
                       Entity Position
                      in BNI Financial
     Entity Name                              Line of Business              % Share Ownership                         Address
                      Conglomeration
                         Structure
   PT Bank           Main Entity (EU)        Commercial Bank       - Government: 60%                      Grha BNI Lantai 24
   Negara                                                          - Public: 40%                          Jl. Jenderal Sudirman Kavling 1
   Indonesia                                                                                              Jakarta Pusat 10220
   (Persero) Tbk
   PT BNI            Member of                   Financing         - BNI: 99,99%                          Graha Binakarsa
   Multifinance      BNI Financial                                 - PT BNI Multifinance Employee         Lantai 11 Lot. E-F dan lantai 12
                     Conglomeration                                  Cooperative: 0.002%                  Jl. HR. Rasuna Said Kav. C-18
                                                                                                          Kuningan, Jakarta Selatan
                                                                                                          12940
   PT BNI Life       Member of                 Life Insurance      - BNI: 60%                             Centennial Tower Lt. 10,
   Insurance         BNI Financial                Services         - Yayasan Danar Dana                   Jl. Gatot Subroto Kav.24-25,
                     Conglomeration                                  Swadharma (YDD): 0,000003%           Jakarta Selatan
                                                                   - Yayasan Kesejahteraan Pegawai
                                                                     BNI: 0,000003%
                                                                   - Sumitomo Life Insurance
                                                                     Company: 39,999993%
   PT BNI            Member of                Brokerage and        - BNI: 75%                             Sudirman Plaza Indofood
   Sekuritas         BNI Financial             Underwriter,        - SBI Financial Services Co.Ltd:       Tower, Lantai 16
                     Conglomeration          including acting        25%                                  Jl. Jenderal Sudirman Kav. 76-
                                             as an Investment                                             78, Jakarta 12910, Indonesia
                                                 Advisor.
   PT Bank           Member of                    Banking          - BNI: 63,92%                          Rajawali Place, Lantai 22-23
   Hibank            BNI Financial                                 - PT Mayora Inti Utama: 36,08%         Jl. H.R. Rasuna Said Kav.B4
   Indonesia         Conglomeration                                                                       Setiabudi, Jakarta Selatan
                                                                                                          12910
   PT BNI Asset      Member of                  Investment         - PT BNI Sekuritas: 99,90%             Centennial Tower Lt. 19,
   Management        BNI Financial               Manager           - PT BNI Sekuritas Employee            Jl. Gatot Subroto Kav. 24-25,
                     Conglomeration                                  Cooperative: 0,1%                    Jakarta Selatan
   BNI Securities    Member of                   Brokerage         PT BNI Sekuritas: 100%                 BNI Tower
   Pte Ltd           BNI Financial               Services,                                                30 Raffles Place, #26-01
                     Conglomeration          Underwriting, and                                            Singapore, 048622
                                             Advisory Activities
                                               in the capital
                                                   market




  FULFILLMENT OF RISK MANAGEMENT ORGANS IN ACCORDANCE WITH THE CATEGORY
  AND CLASSIFICATION OF THE MINISTRY OF SOE

  In accordance with the regulations of the Ministry of SOE, BNI, as a state-owned bank with Systemic A risk
  classification, also has additional responsibilities in implementing Integrated Risk Management Governance
  in accordance with the characteristics of financial conglomerates. In implementing consolidated and
  integrated risk management, BNI refers to SOE Ministerial Regulation No. 2/2023, which regulates that the
  obligation to fulfill risk management organs must be adjusted to the category and classification of SOE and
  SOE Subsidiaries with the provisions as described in the following table:
                                                                                        Risk classification quadrant of
                    Risk Management Organ                                                SOEs and SOE Subsidiaries
                                                                        Systemic A      Systemic B         Significant          Neutral
   Board of Commissioners (Supervisory Board)
   Board of Directors
   Audit Committee
                                                                                                                            Concurrently
                                                                                                                               held by
   Risk Monitoring Committee
                                                                                                                              the Audit
                                                                                                                             Committee




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                                                                                Risk classification quadrant of
                Risk Management Organ                                            SOEs and SOE Subsidiaries
                                                                Systemic A      Systemic B          Significant          Neutral
                                                                                Concurrently       Concurrently
                                                                                held by Risk       held by Risk
Integrated Governance Committee
                                                                                 Monitoring         Monitoring
                                                                                 Committee          Committee
                                                                                                  Concurrently      Concurrently
                                                                                                   held by the       held by the
                                                                                                   Director in       Director in
Directors in Charge of Management
                                                                                                    charge of         charge of
                                                                                                    Financial         Financial
                                                                                                  Management        Management
Board of Directors in charge of Financial Management
SPI (Internal Audit function)


BNI and Subsidiary Companies contained in the Financial Conglomerate Structure have fulfilled their
obligations to fulfill risk management organs in accordance with the Risk Classification of each company
based on the provisions of Minister of State-Owned Enterprises Regulation No. 2/2023. More detailed
information is outlined in the table below:
                                       BNI           BNIS           BNIAM         BNIF           BNIL       HIBANK          BSPL
   Risk Management Organ
                                   (Systemic A)   (Systemic B)     (Neutral)    (Neutral)      (Neutral)   (Neutral)      (Neutral)
Board of Commissioners
(Supervisory Board)
Board of Directors
Audit Committee
Risk Monitoring Committee
Integrated Governance                                   Independent Committee/Sharia Supervisory Board (PT BNI Life
Committee                                                      Insurance/”BNIL”) as member of the BNI KTKT
Board of Directors in charge of
Risk Management
Board of Directors in charge of
Financial Management
SPI (Internal Audit Function)
BNI    = PT Bank Negara Indonesia (Persero) Tbk
BNIS   = PT BNI Sekuritas
BNIAM = PT BNI Asset Management
BNIF   = PT BNI Multifinance
BNIL   = PT BNI Life Insurance
HIBANK = PT Bank Hibank Indonesia
BSPL = BNI Securities Pte Ltd




MAIN PRINCIPLES OF INTEGRATED RISK                                 2. Holistic
PROFILE ASSESSMENT                                                    Risk assessment is carried out by considering the
                                                                      relationship between various risk factors (holistic
In assessing the Integrated Risk profile, BNI pays                    approach), resulting in conclusions that provide
attention to the main principles in the assessment                    a comprehensive picture of the risks faced by the
process, which refer to SEOJK No. 14/2015, as                         Financial Conglomerate.
follows:
1. Risk Aggregation                                                3. Significance/Materiality and Proportionality
    Risk assessment is carried out by combining                       Risk assessments are carried out by considering
    all risks within the Financial Conglomerate as                    the significance or materiality of risks
    a whole (risk aggregation), considering the                       proportionally within the Financial Conglomerate
    impact they have on the overall condition of the                  as a whole, including each Financial Services
    conglomerate. This process includes identifying                   Institution (LJK) that is incorporated. This
    internal and external factors that have the                       assessment is carried out by considering the
    potential to increase risk or influence the                       structure, characteristics, and complexity of the
    condition of the Financial Conglomerate, both                     Financial Conglomerate.
    now and in the future.


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  4. Comprehensive and Structured
     Risk assessment is carried out through in-depth analysis, which considers various assessment factors in
     a broad, complete, and comprehensive manner. This analysis process is supported by relevant facts and
     their impact on the risks and conditions of the Financial Conglomerate, considering the level and trends
     of existing problems. The assessment results are then presented in a structured manner, including facts,
     analysis results, and final conclusions regarding the risk assessment.

  INTEGRATED RISK PROFILE ASSESSMENT RESULTS
  On December 31, 2024, the results of the assessment of ten types of risk showed that the Integrated Risk
  Profile received a rating of 2 (Low to Moderate), with an Inherent Risk Rating at the Low to Moderate level.
  The assessment of the Quality of BNI's Integrated Risk Management Implementation (KPMR) recorded
  Satisfactory results. A more detailed explanation has been outlined in the discussion of Integrated Risk
  Profiles on page 510.




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External
Audit            [ACGS: C.6]




In order to carry out its independent oversight                 APPOINTMENT OF PUBLIC ACCOUNTING
function on financial aspects, BNI appoints a Public            FIRM (KAP)
Accounting Firm (KAP) to examine interim and
annual financial reports for both BNI individually              In order to fulfill the implementation of the external
and consolidated with Subsidiaries. The KAP                     audit function in accordance with the provisions of
selection process is carried out in accordance with             POJK Number 9 of 2023 concerning the Use of Public
the procurement mechanism for goods and services                Accounting Services and Public Accounting Firms
applicable within the scope of BNI in 2024.                     in Financial Services Activities and SE OJK Number
                                                                18/SEOJK.03/2023 concerning Procedures for Using
To ensure the quality and objectivity of the results            Public Accounting Services in Financial Services
of financial statement audits, it is ensured that the           Activities, BNI has carried out an audit of the Bank’s
External Auditor appointed by the Bank has no                   Financial Statement for the 2024 financial year, which
conflict of interest with the Bank or with any level            was carried out by an independent, competent,
of Bank officials. Over the last two years, there               professional and objective Public Accountant (AP)
have been no members of the Board of Directors,                 and Public Accounting Firm (KAP) in accordance
managerial staff, or BNI employees who are former               with the Public Accountant Professional Standards,
employees or current signing partners of BNI’s                  as well as the work agreement and audit scope that
external auditors.                                              have been determined.

The external audit process is an important stage                BNI determined selected APs and KAPs to examine
in efforts to realize good corporate governance,                the Bank’s financial statements for the 2024 financial
especially in the aspect of strengthening                       year through holding an Annual GMS held on March
financial control. The involvement of external and              4, 2024, by considering recommendations from the
independent parties is very necessary to ensure that            Board of Commissioners and Audit Committee.
the Bank’s financial information has been prepared              The selection process has also been carried out
and presented in a quality manner so that it can                in accordance with POJK Number 9 of 2023, SE
express an opinion on the fairness of the Financial             OJK Number 18/SEOJK.03/2023, and internal Bank
Statement. The external audit process for the 2024              regulations to guarantee the independence and
financial year is carried out in accordance with the            quality of audit results from the appointed AP and
Public Accountant Professional Standards and the                KAP. Following up on the results of the 2024 AGMS
audit scope that has been determined and can be                 resolution, the Board of Commissioners decided
completed on time.                                              to reappoint KAP Rintis, Jumadi, Rianto & Partner
                                                                (formerly KAPTanudiredja, Wibisana, Rintis & Partner,
IMPLEMENTATION OF THE EXTERNAL                                  and is a member firm of the PricewaterhouseCoopers
AUDIT FUNCTION                                                  network) as an external auditor to examine the
                                                                Consolidated Financial Statement, Micro and Small
The implementation of audit activities within BNI               Business Funding Program Financial Statement, and
is not only carried out by internal auditors through            other reports for the 2024 Financial Year period. [ACGS:
SAI but also involves external auditors who have                D.2.24]
competence and expertise in the field of accounting
and auditing, such as the Financial Services                    The legal basis regarding the appointment
Authority (OJK), Bank Indonesia (BI), the Audit                 and determination of KAP within the scope
Board of Indonesia (BPK), and the Public Accounting             of BNI is as follows:
Firm (KAP).                                                     1. POJK No. 9 of 2023 dated July 11, 2023 concerning
                                                                   the Use of Public Accounting Services and Public
In 2024, BNI was audited by several external                       Accounting Firms in Financial Services Activities
institutions, such as Bank Indonesia (BI), Financial               in Chapter III, Restrictions on the Use of Audit
Services Authority (OJK), Audit Board of Indonesia                 Services Article 7, paragraph 1, states that parties
(BPK), Center for Financial Transaction Reports and                in the form of commercial banks, issuers, and
Analysis (PPATK), and Public Accounting Firm (KAP).                public companies are obliged to limit the use


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     of audit services on annual historical financial                 and applicable regulations. Audit results reports
     information from the same AP for 7 (seven)                       are submitted to OJK in accordance with applicable
     cumulative years;                                                laws and regulations.
  2. POJK      No.     37/POJK.03/2019      concerning
     Transparency and Publication of Financial                        Effectiveness of External Audit
     Statements and SEOJK No. 9/SEOJK.03/2020                         Implementation
     concerning Transparency and Publication of                       In accordance with its role and authority, the BNI
     Conventional Commercial Bank Reports.                            Audit Committee ensures that all stages of external
  3. The process of appointing KAP Rintis, Jumadi,                    audit implementation carried out by AP and/or KAP
     Rianto & Partner (formerly KAP Tanudiredja,                      always run according to established standards. By
     Wibisana, Rintis & Partner, and is a member firm                 continuing to maintain transparent and collaborative
     of the PricewaterhouseCoopers network) as an                     communication with the AP and/or KAP, the Audit
     external auditor is carried out through a “Tender”               Committee opens a discussion space to discuss
     mechanism.                                                       matters of concern to the Audit Committee before
  4. Via Letter from Public Accounting Firm                           the audit process begins and, of course, also
     Tanudiredja, Wibisana, Rintis & Partner (member                  evaluates the implementation of the audit by the AP
     firm of the PricewaterhouseCoopers network)                      and/or KAP after the audit process is completed, and
     No. OL202408160010/JPA/JPA submitted to the                      then the results are submitted to the OJK.
     Board of Commissioners on August 16, 2024, it
     was informed that effective May 15, 2024, KAP                    In 2024, the Audit Committee has carried out an
     TWRR has changed its name to Rintis, Jumadi,                     evaluation of the implementation of audit services
     Rianto & Partner Public Accounting Firm (a                       for annual historical financial information by AP
     member firm of the PricewaterhouseCoopers                        and/or KAP, which includes at least:
     network)/KAP RJRR.                                               a. Conformity of Audit Implementation by AP and/
                                                                         or KAP with applicable Audit Standards;
  Coordination of External Auditors and Audit                         b. Sufficiency of Field Work Time;
  Committee                                                           c. Assessment of the Scope of Services Provided
  To support the smoothness and effectiveness of the                     and the Adequacy of Sampling Test; and
  audit process, the Bank through the Audit Committee                 d. Recommendations for Improvements Provided
  maintains active communication with external                           by AP and/or KAP.
  auditors regarding the audit implementation plan
  as well as the audit methodology and audit samples                  Supervision and monitoring activities on the
  that will be requested from the IAD, discussing                     performance of AP and/or KAP are discussed with
  audit progress, and other important issues that BNI                 the Board of Directors through Audit Committee
  Management needs to know. Throughout the audit                      meetings attended by SAI and the relevant Directors.
  period, the Audit Committee and IAD also continue                   During the meeting, the follow-up to audit findings
  to supervise and ensure the smoothness and                          by AP and/or KAP was also discussed so that, with
  conformity of the implementation of the external                    the coordination carried out, comprehensive and
  audit process with applicable regulations as well as                optimal audit results could be provided.
  evaluating the quality of the audit process. The Bank
  is committed to maintaining good communication                      The report on the results of the Audit Committee’s
  with Public Accountants to minimize obstacles                       evaluation was submitted by the BNI Board of
  that occur during the audit process. The results of                 Directors using the form contained in the attachment
  coordination between the Audit Committee and the                    to SE OJK No. 18/SEOJK.13/2023 concerning
  External Auditor have been contained in the 2024                    Procedures for Using Public Accounting Services
  Audit Committee Report.                                             and Public Accounting Firms in Financial Services
                                                                      Activities and signed by the Audit Committee on
  As a form of follow-up to the results of the audit                  May 20, 2024.
  report submitted by the external auditor, the
  Audit Committee carries out a supervisory role by                   Bank Compliance with Provisions Regarding
  evaluating the actions taken by BNI Management                      the Relationship between Banks, Public
  based on the audit results. In addition, the Audit                  Accountants, and OJK
  Committee also carries out a monitoring function                    In carrying out the audit, BNI ensures that the Bank
  to ensure that recommendations from external                        maintains compliance with the provisions regarding
  auditors are implemented in a timely manner and in                  the relationship mechanism that exists between the
  accordance with applicable governance standards.                    Bank, Public Accountants, and the OJK. In addition,
  This monitoring function also aims to minimize                      BNI also complies with applicable regulations
  risks and ensure that the corrective steps taken by                 regarding supervision and reporting to the OJK
  Management are in accordance with Bank policies


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with the aim of improving the quality of corporate                5. For the preparation and implementation of an
governance and maintaining financial system                          audit of annual historical financial information
stability.                                                           for the Bank, the KAP is required to communicate
                                                                     with the OJK in the event that the KAP may
The Bank’s efforts to increase the effectiveness of                  request information from the OJK regarding the
external audit implementation and BNI’s compliance                   Bank and/or the OJK can inform the KAP about
with provisions relating to the relationship between                 matters that need to be paid attention to in
banks, public accountants, and Bank Indonesia are                    preparing and carrying out audits.
realized through the following steps:                             6. KAP is obliged to submit information requested
1. POJK No. 9 of 2023 concerning the Use of Public                   by the OJK even though the work agreement has
   Accounting Services and Public Accounting                         ended.
   Firms in Financial Services Activities states that:
   a. Banks are required to use APs and KAPs that                      Public Accounting Firm Company Profile
       are registered and listed on the list of active
       APs and KAPs at the OJK
   b. Banks are required to limit the use of audit                        Rintis, Jumadi, Rianto & Partner Accounting Firm
                                                                          (a member firm of the PricewaterhouseCoopers
       services for annual historical financial                           network)/KAP RJRR. WTC 3,
       information from the same AP for 7 (seven)                         Jl. Jend. Sudirman Kav. 29-31 Jakarta 12920
       cumulative years.                                                  INDONESIA
2. Through Board of Commissioners Letter
                                                                          Tel.: +62 21 50992901/31192901
   No. DK/16 dated February 22, 2024, BNI appointed                       Fax: +62 21 52905555/52905050
   KAP Rintis, Jumadi, Rianto & Partner as external
   auditors to audit BNI’s Financial Statements and
   other reports for the 2024 financial year.                     Information regarding the change in KAP’s name
3. The appointment of a Public Accountant and/                    was received by the Bank on June 10, 2024, via a
   or the same Public Accounting Firm by BNI                      letter No. OL202406100009/JPA/JPA dated 10 June,
   must be based on a clear and transparent work                  2024, sent by the Rintis, Jumadi, Rianto & Partner
   agreement.                                                     Public Accounting Firm (a member firm of the
4. Public Accountants who carry out audits of                     PricewaterhouseCoopers network)/KAP RJRR. In
   Bank Annual Financial Statements are required                  the letter, it is explained that the change in KAP’s
   to carry out audits in accordance with the                     name is only limited to the name, without any
   Professional Standards for Public Accountants                  change in the composition of Public Accountants,
   and the provisions of work agreements, as well                 and KAP continues to operate as a member firm of
   as the established audit scope. In addition, Public            the PricewaterhouseCoopers network. The change
   Accountants and/or Public Accounting Firms are                 in KAP’s name has had no material impact on BNI’s
   required to maintain the confidentiality of Bank               operational, legal, or financial condition or business
   information in accordance with Law No. 7 of                    continuity, and related information has been
   1992 concerning Banking as amended by Law                      reported to the regulator.
   Number 4 of 2023 concerning the Development
   and Strengthening of the Financial Sector.




Public Accounting Firm, Name of Public Accountant, Fees, and Audit Opinion [ACGS C.6.1]
A complete explanation regarding the Public Accounting Firm, the name of the Public Accountant, fees, KAP
permits, and audit opinions on BNI’s annual financial statements for the last 5 (five) years is presented in
the following table:
                                            Name of
                                           Accountant      Period of      Audit Service
  Year      Public Accounting Firm                                                           KAP Permit             Audit Opinion
                                           (Partner in    Assignment      Fee (Rupiah)*
                                             Charge)
 2024         KAP Rintis, Jumadi,       Jimmy Pangestu       1 year      22,800,000,000    315/KM.1/2024            Unqualified
               Rianto & Partner            S.E., CPA
                (formerly KAP
            Tanudiredja, Wibisana,
            Rintis & Partner and is
             a member firm of the
           PricewaterhouseCoopers
                   network)




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         Practices           Governance            Responsibility            Commitment    Statements



                                                Name of
                                               Accountant         Period of        Audit Service
     Year       Public Accounting Firm                                                                  KAP Permit        Audit Opinion
                                               (Partner in       Assignment        Fee (Rupiah)*
                                                 Charge)
    2023           KAP Tanudiredja,           Drs. M. Jusuf             1 year    20,672,000,000    241/KM.1/2015          Unqualified
              Wibisana, Rintis & Partner     Wibisana M.Ec,.
                 (member firm of the               CPA
              PricewaterhouseCoopers
                      network)
    2022           KAP Tanudiredja,       Drs. M. Jusuf           1 year and      25,550,000,000    241/KM.1/2015          Unqualified
              Wibisana, Rintis & Partner Wibisana, M.Ec,.           Interim
                 (member firm of the           CPA
              PricewaterhouseCoopers
                      network)
    2021           KAP Tanudiredja,       Drs. M. Jusuf           1 year and      22,175,000,000    241/KM.1/2015          Unqualified
              Wibisana, Rintis & Partner Wibisana, M.Ec,.           Interim
                 (member firm of the           CPA
              PricewaterhouseCoopers
                      network)
    2020         KAP Purwantono,               Muhammad                 1 year    12,650,000,000    603/KM.1/2015          Unqualified
                Sungkoro and Surja             Kurniawan
              (member firm of the Ernst
                and Young network)
  *) Fees include OPE, VAT (11% in 2024 and 10% in previous years), and other taxes


  The following is the scope of audit work for KAP Rintis, Jumadi, Rianto & Partner (a member firm of the
  PricewaterhouseCoopers network) for the 2024 financial year:
                                                                                                                            Total (Rp)
    No                                                 Assignment Type                                                    including VAT
                                                                                                                           11% & OPE
    1.a     Audit of the consolidated financial statements of PT Bank Negara Indonesia (Persero) Tbk                         15,473,947,777
    1.b     Management Letter                                                                                                   111,774,261
    1.c     Review and validation of consolidated financial statements of PT Bank Negara Indonesia                               57,189,578
            (Persero) Tbk (newspaper format)
   SUBTOTAL                                                                                                                  15,642,911,616
     2      Audit of the Micro and Small Business Funding Program ("PUMK")                                                      364,769,432
     3      Audit of financial statements and portfolios of Financial Institution Pension Funds                                 199,050,225
     4      Report on the review of the policies and control procedures implemented by the Bank in                              193,600,239
            providing custodial services based on mutually agreed procedures
     5      Report on the results of performance evaluation based on mutually agreed procedures                                 193,600,239
     6      Audit of compliance with statutory and internal regulations and financial controls (PSA 62)                         352,497,988
     7      Implementation of mutually agreed procedures regarding Management Contracts and Annual                              514,517,935
            Management Contracts for SOE Board of Directors
     8      Implementation of mutually agreed procedures regarding the Performance Realization Report                            77,383,945
            for the Long-Term Incentives (LTI) Performance Targets of the Board of Directors and Board of
            Commissioners
     9      Implementation of mutually agreed procedures regarding the SOE Aggregation Financial                                540,966,516
            Statement for the 2023 Financial Year
   SUBTOTAL                                                                                                                   2,436,386,519
    10      Audit of PT BNI Life Insurance ("BNI Life") Financial Statements                                                  1,393,849,583
    11      Audit of PT BNI Sekuritas Financial Statements                                                                      575,783,487
    12      Audit of PT BNI Asset Management Financial Statements (including Agreed Upon Procedures                             371,084,572
            (“AUP”) MKBD)
    13      Audit of PT BNI Multifinance Financial Statements                                                                   482,132,043
    14      Audit of PT Bank Hibank Indonesia's Financial Statements                                                          1,457,821,243
    15      Audit of PT BNI Capital Ventura Financial Statements                                                                440,030,937
   SUBTOTAL                                                                                                                   4,720,701,865
   TOTAL                                                                                                                    22,800,000,000




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Audit Result
The results of the audit carried out by the external auditor are submitted in the form of a Consolidated
Financial Statement Audit Opinion. The Consolidated Financial Statements of PT Bank Negara Indonesia
(Persero) Tbk and Subsidiaries have been audited by KAP Rintis, Jumadi, Rianto & Partner (a member firm
of the PricewaterhouseCoopers network) with the responsible partner being Jimmy Pangestu, S.E., CPA,
independent auditor, based on the Audit Standards set by the Indonesian Institute of Public Accountants,
with an opinion without modification, as stated in its report dated January 22, 2025.

Fees for Audit Services and Other Services Provided by KAP Rintis, Jumadi, Rianto &
Partners (formerly KAP Tanudiredja, Wibisana, Rintis & Partners) and Member Firms of the
PricewaterhouseCoopers Network [ACGS C.6.1]
Throughout 2024, the fees for audit services and other services provided by KAP Rintis, Jumadi, Rianto & Partner
(formerly KAP Tanudiredja, Wibisana, Rintis & Partner) and Member Firms of the PricewaterhouseCoopers
Network are as follows:
                                                                                                                  Amount (Rp)
 No                                               Assignment Type                                                   including
                                                                                                                   VAT & OPE
  1     Group reporting on The Hong Kong Branch of PT Bank Negara Indonesia (Persero) Tbk (“BNI                       983,744,304
        Hong Kong”)
  2     Group reporting on The Tokyo Branch of PT Bank Negara Indonesia (Persero) Tbk (“BNI Tokyo”)                 2,471,040,000
  3     Audit of financial statements of The Seoul Branch of PT Bank Negara Indonesia (Persero) Tbk                 1,133,860,000
        (“BNI Seoul”)
  4     Audit of financial statements and group reporting of The Singapore Branch of PT Bank Negara                 4,485,000,000
        Indonesia (Persero) Tbk (“BNI Singapore”)
  5     Group reporting on The London Branch of PT Bank Negara Indonesia (Persero) Tbk (“BNI                         515,000,000
        London”)
  6     Group reporting on The New York Branch of PT Bank Negara Indonesia (Persero) Tbk (“BNI New                  1,026,750,000
        York”)
        Subtotal                                                                                                   10,615,394,304
  7     Limited Review BNI Position June 30, 2024 and for the 6 (Six) Months Period Ended on that Date             10,875,000,000
  8     Issuance of BNI Global Bonds Year 2024                                                                      4,460,000,000
  9     IFRS 17 Proactive Assurance on Technical Paper Review and BRD/FSD                                          1,000,000,000
 10     Non-Audit Assurance Engagement (“NAAE”) on Net Adjusted Working Capital Report (MKBD) of                      55,000,000
        PT BNI Sekuritas
Subtotal                                                                                                           16,390,000,000
Total                                                                                                              27,005,394,304


The total costs incurred by BNI for non-audit services were recorded to be lower than the costs for audit
services incurred in 2024. [ACGS: C.6.2]




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         Practices           Governance            Responsibility            Commitment      Statements




  Legal
  Cases

  NUMBER OF LEGAL CASES FACED BY THE BANK IN 2024

  Throughout 2024, BNI faced several legal issues, including civil cases accompanied by claims for payment/
  compensation against BNI, criminal cases that have entered the trial process, and tax cases, both those that
  have been resolved with permanent legal force (inkracht) and those still in the process of settlement, as
  follows:
                                                                                                                    Number of Cases
                                     Case Settlement Status
                                                                                                          Civil        Criminal        Tax
   The case is settled and has permanent legal force                                                           96          6               1
   Cases under settlement process                                                                             296          6               0
                                                               Number of Legal Cases in 2024                  392          12              1



  SIGNIFICANT LEGAL CASES FACED BY THE BANK IN 2024

  Civil Litigation
  Based on the table above, there are several significant civil cases faced by BNI, with the following details:
                                                                                                               Sanctions
                                                                          Risks and           Bank
                                                                                                               Imposed
    No.          Case              Main Case         Case Status        Impacts Faced      Management                           Case Value
                                                                                                                by the
                                                                         by the Bank         Efforts
                                                                                                               Authority
     1.   Case No. 204/        A lawsuit for        The case            BNI was           BNI has made         None        Material: IDR
          Pdt.G/2020/          unlawful acts        has been            ordered to pay    the payment in       -           2,866,250,000
          PN.Amb               related to alleged   concluded at        the material      accordance with                  Immaterial:
                               negligence           the Judicial        claim amount;     the court verdict                -
          Between:             by BNI, which        Review              however, it has   on January 31,
          Plaintiffs:          resulted in the      level at the        no significant    2024.
          1. Imran Laisouw     embezzlement of      Supreme             impact on BNI
          2. Sitti Laila       customer funds       Court of the
             Latuapo, S.P.     carried out by a     Republic of
          3. Risman            BNI employee         Indonesia.
          4. Suriani           who has been
          5. Faisal Kotalima   found guilty of
                               committing a
          Versus:              criminal offense
          Defendant:           based on a court
          BNI                  verdict.




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                                                                                                      Sanctions
                                                                 Risks and           Bank
                                                                                                      Imposed
No.         Case             Main Case          Case Status    Impacts Faced      Management                            Case Value
                                                                                                       by the
                                                                by the Bank         Efforts
                                                                                                      Authority
2.    2. Case No. 112/    The case              The case       BNI was            BNI will comply     None        Materiil:
      Pdt.G/2021/         concerns a            has been       ordered to pay     with the terms                  Rp29,777,316,513,-
      PN.Amb              lawsuit for           concluded at   an amount          of the Judicial
                          unlawful actions      the Supreme    of Rp115.3         Review ruling.                  Immateriil:
      Between:            related to            Court level    million as per                                     -
      Plaintiffs:         BNI's alleged         following      the Judicial
      1. Johny Widjaya    negligence,           a Judicial     Review ruling.
      2. Elya Puspita     which led to the      Review.        However, the
      3. Jovelin          embezzlement                         impact on
      Jaguenetta          of customer                          BNI has been
      Widjaja             funds by a BNI                       minimal.
      4. Fajar Madya      employee who
      5. Muhamad La       was convicted
      Bawe                of a criminal
      6. Dustin Fendi     offense by the
      Earja               court.
      7. Edwin
      Dorsalam

      Versus:
      Defendant:
      BNI
3.    Case No. 776/       The case              The case       There is no        BNI has fully       None        Materiil:
      Pdt.G/2020/         concerns an           has been       risk or impact     participated                    €6,900,000,-
      PN.Jkt.Brt          unlawful act          concluded at   faced by           in the legal
                          lawsuit related       the Supreme    BNI, as the        process and                     Immateriil:
      Between:            to the alleged        Court level    Supreme            was declared                    Rp500,000,000,000,-
      Plaintiff:          failure of BNI        following      Court’s            victorious in
      Opap Investment     to apply the          the Kasasi     ruling in the      accordance
      Limited             principle of          (Judicial      Cassation          with the
                          prudence in           Review).       stated that        Supreme Court's
      Versus:             identifying                          the plaintiff's    Cassation ruling.
      Defendants:         and verifying                        lawsuit was
      1. Hendrian         the opening of                       inadmissible
      Baehaki             accounts by                          and has
      2. Bayu Andriana    Defendant I and                      become
      3. Nurul Ainulia,   Defendant II in                      legally binding
      A.Md. aka Iren      the name of CV                       (inkracht).
      4. M. Deni          Opap Investment
      Setiawan            Limited.
      5. Irfan Maulana    Additionally,
      6. BNI              BNI is accused
                          of not fulfilling
      Co-Defendant:       its obligation
      1. Financial        to monitor and
      Services            report suspicious
      Authority,          financial
      Central Reporting   transactions
      and Analysis        in the account
      of Financial        under the name
      Transactions        of CV Opap
                          Investment
                          Limited.




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                                                                                                                Sanctions
                                                                           Risks and           Bank
                                                                                                                Imposed
    No.          Case               Main Case         Case Status        Impacts Faced      Management                          Case Value
                                                                                                                 by the
                                                                          by the Bank         Efforts
                                                                                                                Authority
     .4   Case No. 471/         The lawsuit is       The case            There are          BNI has fully       None        Materiil:
          Pdt.G/2021/           based on unlawful has been               no risks or        participated                    Rp16,250,000,000-,
          PN.Mks                acts because BNI     concluded at        impacts faced      in the court
                                rejected the request the Cassation       by BNI, as         proceedings and                 Immateriil:
          Between:              for the liquidation  level in the        the Cassation      was declared                    -
          Plaintiffs:           of deposits in       Supreme             Decision           victorious
          1. Hendrik            the name of          Court of the        essentially        according to the
          2. Heng Pao Tek       the plaintiffs,      Republic of         ruled that         Supreme Court's
                                where there is a     Indonesia.          the plaintiff's    Cassation ruling.
          Versus:               suspected forgery                        lawsuit was
          Defendant:            of the deposit                           inadmissible
          BNI                   slip allegedly                           and has
                                committed by an                          become
                                employee of BNI,                         legally binding
                                which has been                           (inkracht).
                                reported as a
                                criminal case by
                                BNI.
     .5   Case No. 220/          A lawsuit for       At the First        Currently,         BNI has             None        Material:
          Pdt.G/2023/            unlawful acts       Instance in         there is no risk   submitted                       IDR 572,500,000,000
          PN.Mnd                 against BNI for     the District        of reputational    a Cassation
                                 blocking and        Court and           damage or          Counter-                        Immaterial:
          Between:               placing a sign      the Appeal          compensation       Memorandum                      IDR
          Plaintiff:             on a disputed       level in the        payment in         supporting its                  1,000,000,000,000
          John Hamenda           property located    High Court,         accordance         position and
                                 on Jalan 17         the plaintiff's     with the court     is currently
          Versus:                Agustus, Bumi       lawsuit was         ruling at the      awaiting the
          Defendants:            Beringin Village,   declared            appeal level in    Cassation
          1. BNI Kebayoran       Wenang District,    inadmissible.       the High Court.    Decision.
          Baru Branch            Manado City,        It is currently
          2. BNI Head            with ownership      under
          Office                 evidence in the     examination
          3. BPN North           form of SHM         at the
          Sulawesi               No. 206/Bumi        Cassation
          Province               Beringin, dated     level in the
          4. Head of the         June 20, 1995, in   Supreme
          Manado Land            the name of John    Court of the
          Office                 Hamenda.            Republic of
                                                     Indonesia.
          Co-Defendants:
          1. Dirtipideksus
          National Police
          2. Head of the
          South Jakarta
          District Attorney's
          Office
          3. Mrs.
          Malputongekel
          4. Bank Danamon
          Manado Branch
          5. Bank Danamon
          Jakarta Regional
          Office
          6. Notary PPAT
          Thelma Andries,
          S.H.




                                                                                                                     2024 Annual Report
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                                                                                                                  Sanctions
                                                                             Risks and            Bank
                                                                                                                  Imposed
 No.             Case               Main Case           Case Status        Impacts Faced       Management                           Case Value
                                                                                                                   by the
                                                                            by the Bank          Efforts
                                                                                                                  Authority
     .6    Case No. 740/        A lawsuit for          At the First       Currently,          BNI has              None        Material:
           Pdt.G/2023/          unlawful acts          Instance in        there is            submitted                        IDR
           PN.Jkt.Pst           due to BNI's           the District       no risk of          a Cassation                      1,392,731,803,391
                                rejection of the       Court and          compensation        Counter-
           Between:             plaintiff's request    the Appeal         payment in          Memorandum                       Immaterial:
           Plaintiff:           for additional         level in the       accordance          supporting                       IDR 500,000,000,000
           PT Zeus Citra        credit facilities      High Court,        with the court      BNI's position
           International        and the plaintiff's    the plaintiff's    ruling at the       and is currently
                                objection to           lawsuit was        appeal level in     awaiting the
           Versus:              the auction            declared           the High Court.     Cassation
           Defendant:           conducted by           inadmissible.                          Decision.
           BNI                  BNI, which             It is currently
                                resulted in losses     under
           Co-Defendants:       for the plaintiff.     examination
           1. State Property                           at the
           and Auction                                 Cassation
           Service Office                              level in the
           (KPKNL) Jakarta                             Supreme
           III                                         Court of the
           2. PT Bali Auction                          Republic of
           House                                       Indonesia.



Throughout 2024, BNI did not face significant risks related to legal issues, and based on the 2024 legal risk
profile assessment, it was ranked at level 1 (low).

Criminal Cases
During 2024, BNI reported cases involving customers, employees, or other third parties, including cases
of alleged criminal acts such as embezzlement, embezzlement in office, fraud, forgery, money laundering,
cybercrime, banking crimes, and corruption. However, no significant criminal cases were faced by BNI.

TAX LITIGATION

                                                                                                                  Sanctions
                                                                           Risks and          Efforts by
                                                                                                                    that
 No.            Case            Principal Case          Status           Impacts Faced        the Bank                              Case Value
                                                                                                                 Imposed by
                                                                          by the Bank        Management
                                                                                                                  Authority
1.        Case No.         The Directorate        The case            The risk of           BNI has                none       Material:
          007718.15/2019/ General of Taxes        has been            payment for           made the                          IDR
          PP               has issued a Tax       concluded           the corporate         payment for                       1,212,516,578,432.00
                           Underpayment           at the level        income tax            the corporate
          Between:         Assessment             of Judicial         shortfall for         income tax                        Immaterial:
                           Letter to the          Review at           the 2015 tax          shortfall for the                 -
          Appellant:       Bank regarding         the Supreme         year, as per the      2015 tax year
          BNI              the correction         Court of            Court’s ruling,       in accordance
                           of Corporate           Indonesia,          amounts to IDR        with the ruling
          Against          Income Tax rates       with the            625.8 billion.        of the Judicial
                           for the 2015 tax       ruling              However, this         Review
          Respondent:      year, including        affirming the       has not had           decision.
          Directorate      issues related         Tax Court’s         a significant
          General of Taxes to interest            decision.           impact on BNI.
                           income from
                           Non-Performing
                           Loans (NPL) and
                           the expense
                           of receivables
                           that are clearly
                           uncollectible.




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  LEGAL CASES INVOLVING MEMBERS OF THE BOARD OF COMMISSIONERS AND BOARD
  OF DIRECTORS

  All serving members of BNI’s Board of Commissioners and the Board of Directors during 2024 have never
  been implicated or involved in any civil or criminal cases and/or disputes.

  LEGAL CASES FACED BY SUBSIDIARIES IN 2024

  In 2024, legal issues encountered by BNI’s subsidiaries, encompassing civil, criminal, and tax cases, are
  detailed in the table below:
                                                                                                                    Number of Cases
           Subsidiaries                                      Case Settlement Status
                                                                                                                     Civil     Criminal
   PT BNI Life Insurance            The case is settled and has permanent legal force                                 13             3
                                    Cases under settlement process                                                    11             5
                                    Total Number of Cases                                                             24             8
   PT BNI Sekuritas                 The case is settled and has permanent legal force                                 1              -
                                    Cases under settlement process                                                     -             -
                                    Total Number of Cases                                                             1              -
   PT BNI Asset                     The case is settled and has permanent legal force                                  -             -
   Management
                                    Cases under settlement process                                                    1              -
                                    Total Number of Cases                                                             1              -
   PT BNI Multifinance              The case is settled and has permanent legal force                                 5              4
                                    Cases under settlement process                                                    6              18
                                    Total Number of Cases                                                             11             22
   PT Bank Hibank Indonesia         The case is settled and has permanent legal force                                 3              -
                                    Cases under settlement process                                                    4              -
                                    Total Number of Cases                                                             7              -
   PT BNI Modal Ventura             The case is settled and has permanent legal force                                  -             -
                                    Cases under settlement process                                                     -             -
                                    Total Number of Cases                                                              -             -



  LEGAL CASES FACED BY MEMBERS OF THE BOARD OF COMMISSIONERS AND BOARD OF
  DIRECTORS OF BNI’S SUBSIDIARIES

  All serving members of the Board of Commissioners and the Board of Directors of BNI’s subsidiaries in 2024
  have never been involved or implicated in any civil and/or criminal cases and/or disputes.

  IMPACT OF LEGAL ISSUES ON THE BANK AND ITS SUBSIDIARIES

  The legal issues encountered in 2024 have not had any material impact on the status, position, or continuity
  of operations for BNI and its subsidiaries. Despite some legal matters, BNI has successfully maintained
  operational stability and resolved issues in compliance with regulations, without disrupting business
  activities. This reflects BNI’s resilience and commitment to effectively managing legal risks.

  EFFORTS TO MINIMIZE LEGAL RISKS

  BNI consistently strives to minimize legal risks that may arise from its business activities through several
  measures, including:
  1. Strengthening procedures, policies, agreements, and legal issue management for optimal risk
     management, protecting the Bank’s interests at the pre-transaction, transaction, and post-transaction
     stages of business activities.
  2. Optimizing the legal function in providing legal reviews for credit submissions decided by the Credit
     Committee to ensure that credit transactions are conducted prudently from a legal perspective, improving
     credit quality, and supporting business target achievement.



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3. Enhancing the role of the legal units at the Head Office and Regional Offices in supporting the smooth
   business and operational activities of the entire Bank organization.
4. Regularly updating standard legal documentation, such as credit agreements and accessory agreements,
   to anticipate legal risks resulting from contractual weaknesses and protect the Bank’s legal interests.
5. Maximizing efforts to minimize legal risks within business units, including fraud prevention, through
   preventive measures such as increasing employee legal awareness through legal discussions, education,
   webinars, and sharing sessions on legal issues.
6. Collaborating with reputable external legal consultants, senior advisors, and State Attorney Lawyers
   (JPN) to optimize legal advice and assistance in protecting the Bank’s legal interests.
7. Enhancing the competencies of legal staff at the Head Office and Regional Offices in providing legal advice
   and handling cases to create a professional, reliable legal team that supports the Bank’s transformation.

LEGAL VIOLATIONS RELATED TO EMPLOYMENT, CONSUMERS, BANKRUPTCY,
COMMERCIAL ISSUES, COMPETITION, AND/OR ENVIRONMENTAL MATTERS [ACGS: (P)B.1.1]

Throughout 2024, BNI has not committed any legal violations related to employment, consumers, bankruptcy,
commercial matters, competition, and/or environmental issues.




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         Practices           Governance          Responsibility       Commitment   Statements




  Adminstrative
  Sanction

  ADMINISTRATIVE SANCTIONS FROM THE                                   ADMINISTRATIVE SANCTIONS RECEIVED
  FINANCIAL SERVICES AUTHORITY AND/OR                                 BY MEMBERS OF THE BOARD OF
  OTHER REGULATORS                                                    DIRECTORS AND MEMBERS OF THE BOARD
                                                                      OF COMMISSIONERS OF BNI
  Throughout 2024, neither BNI nor any members of the
  Board of Directors and/or Board of Commissioners                    Throughout 2024, none of the incumbent members of
  received administrative sanctions, whether material                 BNI’s Board of Directors or Board of Commissioners
  or non-material from the OJK or any other regulatory                received any administrative sanctions from the
  authority that could impact BNI’s business continuity.              regulator.
  Furthermore, BNI remained fully compliant with
  regulatory requirements and did not incur any                       ADMINISTRATIVE SANCTIONS RECEIVED
  sanctions related to delays or failures in disclosing               BY MEMBERS OF THE BOARD OF
  material events within the stipulated timeframe.                    DIRECTORS AND MEMBERS OF THE BOARD
                                                                      OF COMMISSIONERS OF SUBSIDIARIES
  The absence of administrative sanctions imposed on
  BNI in 2024 reflects the bank’s strong commitment                   Throughout 2024, none of the incumbent members
  to adhering to all applicable regulations, including                of the Board of Directors or Board of Commissioners
  compliance with disclosure reporting requirements                   of BNI’s subsidiaries received any administrative
  and proper record-keeping provisions.                               sanctions from the regulator.

                                                                      TAX SANCTIONS

                                                                      BNI has settled all tax assessments resulting from
                                                                      audits that have become due, in full compliance
                                                                      with applicable regulations. As a result, BNI has no
                                                                      outstanding tax payment arrears.

                                                                      Details regarding tax-related disputes can be found
                                                                      in the “Corporate Governance” chapter of this
                                                                      Annual Report.



  Violations of Laws Related to
  Employment, Consumer, Bankruptcy,
  Commercial, Competition and/or
  Environmental Issues

  Throughout 2024, BNI has no recorded violations related to employment, consumer protection, bankruptcy,
  commercial activities, competition, or environmental issues.




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Access to Company
Information and Data                                                [ACGS C.7.1, C.7.2, C.7.3, C.7.4, C.10.1]




BNI continuously strives to foster effective communication with regulators, shareholders, customers,
employees, business partners, and the wider public as part of its commitment to transparency and
accountability towards stakeholders. The strong relationships established between the Bank and its
stakeholders are governed by BNI’s Communication Policy.

To enhance effective communication, BNI has an Investor Relations unit that plays a vital role in maintaining
the Bank’s reputation through interactive engagement with investors and analysts, ensuring the regular
dissemination of information related to the Bank’s performance. Through the Investor Relations Team,
BNI facilitates easy access to company information and data for all stakeholders, providing insights into
the Bank’s financial and non-financial performance through various communication channels such as the
website (available in both Indonesian and English), mass media, mailing lists, bulletins, analyst meetings,
and the IDX website. These Investor Relations activities also serve as a key communication method with
shareholders, in addition to the General Meeting of Shareholders (GMS).

Access to company information and data related to BNI’s corporate actions can be obtained through:
         BNI Official Website                     Telephone                        Facsimile                            E-Mail
           http://bni.co.id                       021-5728387                    021-5728053                      ir@bni.co.id



PRESS RELEASE [ACGS C.7.4]

BNI recognizes the vital role of mass media in disseminating information about the Bank’s journey,
developments, and performance achievements. Therefore, BNI continuously strives to foster and maintain
harmonious relationships with the media through various activities conducted regularly each year, including
the distribution of press releases to the public as one of the Bank’s top priorities.

In 2024, BNI has issued 277 press releases with the following details:
 No.          Date                                                     Title                                                     Venue
1.     January 1, 2024          BNI Optimistic Transaction Business Performance Will Be Even More Brilliant in               Jakarta
                                2024
2.     2 January 2024           BNI President Director Ready to Continue Positive Achievements in 2024                       Jakarta
3.     4 January 2024           Increasing MSMEs Go Global, BNI Shares Provide Halal Certification Assistance                Jakarta
                                and On Boarding Training for 422 Culinary MSMEs
4                               BNI Shares, Distributes Emergency Response Assistance for the Lewetobi Volcanic              Jakarta
                                Eruption in Flores
5      5 January 2024           Optimistic About Welcoming 2024, BNI Plans to Open 2 New Overseas Offices                    Jakarta
6                               Bright Prospects for 2024, BBNI Shares Soar to All Time High                                 Jakarta
7      January 8, 2024          SOE Minister Erick Thohir Appreciates BNI's Thematic Education Outlet                        Jakarta
                                Digitalization Program
8      9 January 2024           BNI Xpora Supports Tropica Rattan MSMEs to Export to Europe, Japan and America Jakarta
9                               BNI AM Optimistic that the Indonesian Capital Market Will Record Positive                    Jakarta
                                Achievements This Year
10     January 11, 2024         BNI AM Presents Sharia Mutual Fund Product Innovations in BNI Mobile Banking                 Jakarta
11     January 12, 2024         BNI and IPPAT Collaborate to Create Account-Based KTA                                        Jakarta
12                              Supported by BNI Xpora, Cau Chocolates Successfully Reaches Global Market                    Jakarta
13     January 14, 2024         Providing a Different Experience, BNI Inaugurates UI Depok Branch Office                     Jakarta
14     January 17, 2024         Recording 7.5 Times Sales Growth in 2023, BNI Finance is Optimistic in Facing 2024           Jakarta
15     January 20, 2024         HABE Handicraft Products Successfully Penetrate Global Market                                Jakarta




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    No.           Date                                                   Title                                                Venue
   16     January 22, 2024        Watch Out! Fake Lottery Using BNI's Name Targets Social Media Users                      Jakarta
   17                             Increase Financial Literacy, BNI and OJK Invite Students to Get to Know the              Jakarta
                                  SiMuda Program
   18     29 January 2024         Men's Doubles Win, BNI Appreciates the Achievements of Indonesian Badminton              Jakarta
                                  Athletes at the 2024 Indonesia Masters
   19     January 30, 2024        Holding Indonesia Incorporated Day, the Indonesian Ministry of Foreign Affairs and       Jakarta
                                  BNI Encourage Collaboration of BUMN Go Global
   20     January 31, 2024        Boosting the Local Product Market, BNI Provides Vending Machines for Fostered            Jakarta
                                  MSMEs
   21     February 3, 2024        Ecovivo Develops Environmentally Friendly Shampoo and Soap Business                      Jakarta
   22                             Supporting the Tomohon Visitor Center, BNI Proactively Realizes the Digitalization       Jakarta
                                  of the Tourism Ecosystem
   23                             Banana Stems Become a Valuable Commodity Abroad                                          Jakarta
   24                             Radja Nainggolan Attends Grasroot Football Day Bhayangkara Presisi Indonesia FC          Jakarta
   25     February 5, 2024        Diaspora Bridge, BNI Successfully Brings Sidoarjo MSMEs to Export Cassava Chips          Jakarta
   26     February 7, 2024        After Breaking ATH, BBNI Shares Can Reach IDR 6,000                                      Jakarta
   27                             Stock Price Increase Encourages BNI Records Largest Market Capitalization Value in       Jakarta
                                  Company History
   28                             Creating Digital Transaction Solutions, BNI Wins Best Banking API Solution in            Jakarta
                                  Indonesia Award
   29     February 8, 2024        Holding Limited Services during Isra' Mi'raj and Chinese New Year Holidays, Here's       Jakarta
                                  BNI's Let's Go Hoki Promo
   30     February 9, 2024        Improving Teacher Competence, BNI Distributes Thousands of Teacher Certifications        Jakarta
   31      February 17, 2024      Appreciating Loyal Customers, BNI Holds 2024 Chinese New Year Customer                   Jakarta
                                  Gathering
   32     February 20, 2024       Legislators Appreciate BNI's Performance, as One of the Locomotives of the               Jakarta
                                  Indonesian Economy
   33                             Carrying the Green Building Concept, BNI Builds Offices in the PIK 2 Area                Jakarta
   34      February 21, 2024      ITB Studium Generale, BNI President Director Encourages the Young Generation to          Jakarta
                                  Become Entrepreneurs
   35     February 22, 2024       DPR Supports BNI's Overseas Expansion                                                    Jakarta
   36     February 23, 2024       BNI and Posind Collaborate on Distributing Non-Payroll Consumer Credit Facilities        Jakarta
   37                             Erick Thohir Appreciates BNI, Successfully Realizing Green Building Concept Offices      Jakarta
                                  in PIK 2
   38     February 26, 2024       Consistency Makes BNI's Performance Grow Positively                                      Jakarta
   39     February 28, 2024       Asset Management Launches Index Mutual Funds, BNI AM IDX PEFINDO PRIME                   Jakarta
                                  BANK Completes Family Index Lineup
   40                             Supporting Inacraft 2024, BNI Encourages MSMEs to Go Global                              Jakarta
   41     February 29, 2024       BNI Distributes Financing to Indonesian Diaspora in Hong Kong                            Jakarta
   42     February 24, 2024       Supporting Hong Kong Diaspora Business, BNI Funds Our Village                            Jakarta
   43     February 25, 2024       Beware of Investment Fraud Cases and Illegal Loans, BNI and OJK. Financial               Jakarta
                                  Planning Education Holds
   44     February 29, 2024       Futuristic and Environmentally Friendly Concept, BNI Presents New Building in IKN        Jakarta
   45     March 4, 2024           Distributing 50% Dividends, BNI is Optimistic that Performance Will Be More              Jakarta
                                  Positive in 2024
   46                             BNI Wins Three ESG Awards                                                                Jakarta
   47     March 6, 2024           BNI Exporters Forum, Supports MSMEs to Penetrate the Global Market                       Jakarta
   48     March 7, 2024           BNI Wins Two Corporate Communication Awards at BCOMSS 2024                               Jakarta
   49     March 9, 2024           Welcoming Ramadan, BNI Prepares Various Interesting Promos for Customers                 Jakarta
   50     March 11, 2024          Inaugurated by Erick Thohir, BNI Distributes KUR and CSR to MSMEs in the                 Jakarta
                                  Lambuang Bukittinggi Station Area
   51     March 15, 2024          BNI Wins Marketeers OMNI Brand of The Year 2024 Award                                    Jakarta
   52     March 17, 2024          3 Indonesian Representatives Reach the All England 2024 Finals, BNI Supports the         Jakarta
                                  Struggle of Athletes to Make History
   53     March 18, 2024          PBSI Leads Indonesia to Win the All England Open 2024, BNI Gives Highest                 Jakarta
                                  Appreciation
   54     March 19, 2024          BNI Exporters Forum, Helps MSMEs Penetrate the American Market                           Jakarta
   55     March 23, 2024          BNI and ITS Surabaya Collaborate Intensify BNI Campus Financial Program                  Jakarta
   56      March 25, 2024          Supporting Energy Transition, BNI Funds PLTS Project                                    Jakarta




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                                                                                          PT Bank Negara Indonesia (Persero) Tbk
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No.          Date                                                    Title                                             Venue
57    March 26, 2024        2024 BUMN Ramadan Safari Held, Providing Cheap Basic Necessities to Free                 Jakarta
                            Homecoming
58                          Ramadan Excitement, BNI and Unair Collaborate to Provide 1,000 Basic Necessity           Jakarta
                            Packages
59    March 27, 2024        BNI Strengthens Synergy with TNI Through Integrated Financial Service Solutions          Jakarta
60                          Meet Ramadan and Eid Needs, BNI Provides IDR26.6 Trillion in Cash                        Jakarta
61    March 28, 2024        Diversifying Funding Sources, BNI Issues Global Bonds Worth USD 500 Million              Jakarta
62    March 31, 2024        Wonderful Ramadan, BNI Shares Authenticity on the Night of Nuzulul Qur'an                Jakarta
63    April 1, 2024         BNI Asset Management Index Mutual Funds Now Available in the Retail Market               Jakarta
64    April 4, 2024         BNI Global Bond Oversubscribed 6.4 Times, Proof of High Investor Trust                   Jakarta
65    April 5, 2024         Funding Homecoming with BUMN, BNI Sends 4,200 Homecoming Travelers Home                  Jakarta
66    April 5, 2024         BNI Xpora Brings Indonesian Coffee MSMEs to Amsterdam Coffee Festival 2024               Jakarta
67    April 6, 2024         BNI Ensures Services Ready to Welcome Eid al-Fitr 2024                                   Jakarta
68                          Safe and Comfortable Homecoming, Many Attractive Discounts for Transactions              Jakarta
                            Using BNI Tapcash
69                          Welcoming Wonderful Eid, Here's BNI's Promo                                              Jakarta
70    7 April 2024          BNI Shares Happiness in the Month of Ramadan, Starting from Providing Basic              Jakarta
                            Necessities, Assistance to Free Homecoming
71    8 April 2024          Worry-Free Eid Homecoming with BNI Cash Withdrawal Services                              Jakarta
72                          Worry-Free Eid Homecoming, Order and Buy Whoosh Tickets on BNI Mobile                    Jakarta
                            Banking
73    9 April 2024          Sharing Kindness in the Month of Ramadan, BNI Holds Employee Volunteering to             Jakarta
                            Clean and Help Mosque Facilities and Infrastructure
74    April 16, 2024        BNI Helps Specialty Coffee, a Product of Xpora's Fostered MSMEs, Penetrate the           Jakarta
                            American Market
75    18 April 2024         BNI Supports MSMEs to Penetrate the Singapore Market at the Exhibition.                  Jakarta
                            Indonesia in SG
76    20 April 2024         Indonesia Wins All England and BAC, BNI Appreciates and Supports Thomas &                Jakarta
                            Uber Cup Teams
77    April 24, 2024        BNI and UNDIP Establish Synergy to Strengthen Campus Financial Ecosystem                 Jakarta
78    April 26, 2024        BNI and Telkomsel Strengthen Synergy Through Reciprocal Cooperation for                  Jakarta
                            Employees
79    April 30, 2024        hibank Participates in Enlivening the 2024 Sarga Festival                                Jakarta
80    2 May 2024            Supporting Energy Transition, BNI Funds Acquisition of Sidrap PLTB by Barito             Jakarta
                            Group
81                          Synergy Between BNI and UNUD, Providing Multifunction Student Cards                      Jakarta
82    4 May 2024            BNI Provides Business Financing Solutions Through Supply Chain Financing                 Jakarta
83                          Advancing to the Finals, BNI Appreciates the Success of the Indonesian Thomas            Jakarta
                            and Uber Teams
84    5 May 2024            Support from BUMN Makes Indonesian Sports Even More Prominent                            Jakarta
85                          BNI Java Jazz on The Move Specialty Edition Returns, Natasya Elvira to Fariz RM          Jakarta
                            and Candra Darusman Ready to Enliven the Event
86                          Showing Unyielding Struggle, BNI Appreciates the Thomas and Uber Teams                   Jakarta
87    7 May 2024            BNI Welcomes the Return of the Indonesian Thomas and Uber Teams to the                   Jakarta
                            Homeland
88    8 May 2024            BNI Fully Supports Aldila to Achieve Her Dream of Winning the Grand Slam                 Jakarta
89    14 May 2024            Consistently Supporting SMMPTN-West 2024, BNI Collaborates with 25 PTN                  Jakarta
90    15 May 2024            BNI Strengthens Synergy with the Indonesian Army, Through the Provision of              Jakarta
                             Integrated Financial Services
91    23 May 2024            Presenting Wonderful Music Experiences, BNI Java Jazz Festival 2024 Held for 3          Jakarta
                             Days in Kemayoran
92    24 May 2024            BNI Spreads Interesting Promos at BNI Java Jazz Festival 2024                           Jakarta
93                           BNI Java Jazz Festival 2024 Will Be Held Soon, Note the Best Route to the Location      Jakarta
94                           Here is the Line Up for BNI Java Jazz Festival 2024, Which is Your Favorite?            Jakarta
95                           BNI Java Jazz Festival 2024, More Than Just Music, Feel the wondrful Experience         Jakarta
96                           Can Plastic Waste Be a Gift? Come on, Exchange at the BNI Java Jazz Festival 2024       Jakarta
                             Recycle Vending Machine
97    24 May 2024            Erwin Gutawa, Ruth Sahanaya, and Incognito Amaze the Audience on the First Day          Jakarta
                             of the BNI Java Jazz Festival 2024




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    No.           Date                                                    Title                                               Venue
   98     25 May 2024             Barry Likumahuwa Appreciates BNI's Consistency in Organizing the BNI Java Jazz           Jakarta
                                  Festival 2024
   99                             BNI Java Jazz Festival 2024, the Most Prestigious and Anticipated Event for Music        Jakarta
                                  Lovers
   100                            BNI Agen46 Present at the Wondrous Booth of the BNI Java Jazz Festival 2024, Join        Jakarta
                                  the Excitement of the Games
   102    26 May 2024             BNI Java Jazz Festival 2024, a Stage Full of Stars on the Second Day                     Jakarta
   103                            Ministry of Education, Culture, Research and Technology Appreciates and Supports         Jakarta
                                  the Implementation of the BNI Java Jazz Festival 2024
   104                            Snoh Aalegra, Tompi, and Andien Enliven the Peak of the BNI Java Jazz Festival           Jakarta
                                  2024
   105    27 May 2024             Uniting Across Generations, the Ministry of SOEs Appreciates the BNI JJF Event           Jakarta
                                  2024
   106    28 May 2024             Uniting Across Generations, Ministry of SOEs Appreciates BNI JJF 2024                    Jakarta
   107    29 May 2024             BNI Java Jazz Festival 2024 Successfully Boosts BNI Digital Transactions                 Jakarta
   108    2 June 2024             BNI Holds BNI Exporters Forum in Bandung Encourages SMEs to Penetrate Global             Jakarta
                                  Markets
   109    3 June 2024             BNI Invites Emerald Customers to Get to Know Environmentally Friendly Vehicles           Jakarta
                                  Closer
   110    5June 2024              BNI Finance Director Wins "The Most Inspiring Women Leader" Award from CNBC              Jakarta
                                  Indonesia
   111    7 June 2024             BNI Becomes UMKM Catalyst Through Collaboration with Pupuk Indonesia Holding             Jakarta
                                  Company
   112    8 June 2024             BNI Ready to Spread Attractive Promos at the 2024 Jakarta Great Sale Festival            Jakarta
   113    9 June 2024             BNI and Emirates Hold Travel Fair for the Third Time, Offering Special Tickets and       Jakarta
                                  Promos
   114    12 June 2024            BNI Awards Performance Excellence Award (PEXA) 2024 to BNI Hi Movers with                Jakarta
                                  Achievements
   115    14 June 2024            BNI Xpora Sends 12 Food and Beverage SMEs to Indonesia in Korea - SFH 2024               Jakarta
   116                            BNI and Mastercard Introduce BNI Titanium Credit Cards for Millennials and Gen Z         Jakarta
   117    15 June 2024            BNI Opens Limited Services on Eid al-Adha 1445 H                                         Jakarta
   118                            Strengthening Financial Literacy and Inclusion, BNI Educates the Community on            Jakarta
                                  Waste Management
   119    18 June 2024            78th Anniversary, BNI Holds Empathy Drop Box Program Again                               Jakarta
   120    20 June 2024            BNI Partners with Oppo, Provides Free VIP Tickets for UCL Final Match in England         Jakarta
                                  for BNI Private Customers
   121    23 June 2024            78th Anniversary, BNI Plants 78 Thousand Mangrove Seedlings in Teluk Pangpang            Jakarta
   122    26 June 2024            Encouraging MSME Growth, BNI Continues to Serve KUR and BWU Outside of                   Jakarta
                                  Working Days
   123    27 June 2024            PT Bank Hibank Indonesia, Achieves Significant Increase in Embracing and                 Jakarta
                                  Distributing Credit to MSMEs
   124    29 June 2024            BNI Accelerates Diaspora-Owned Businesses in Japan with Diaspora Loan                    Jakarta
   125    30 June 2024            Welcoming 78th Anniversary, BNI Launches Special TapCash Card for Blackpink the          Jakarta
                                  Game
   126                            Holding Financial Education and Information Disclosure, BNI Introduces DigiRemit         Jakarta
                                  Application in Japan
   127    2 July 2024             BNI Presents Massive Promos and Discounts for 78th Anniversary                           Jakarta
   128    3 July 2024             BNI Consistent Collaboration of UMKM Go Global Program                                   Jakarta
   129    4 July 2024             Providing the Best Service, BNI Wins 13 Infobank Banking Service Excellence              Jakarta
                                  Awards 2024
   130    6 July 2024             Hi-Movers Appreciation at the Peak of the 78th Anniversary Celebration, BNI Holds        Jakarta
                                  BNI Loudfest 2024 at GBK
   131    7July 2024              BNI Loudfest vol-3 2024 Ends Lively, SUGBK Still Maintains All Its Facilities            Jakarta
   132    10 July 2024            BNI Inaugurates Integrated Service Unit at ITB, Strengthens Campus Financial             Jakarta
                                  Ecosystem
   133    16 July 2024            BNI Ventures Launches BNV Arcade, Strengthens Startup Ecosystem                          Jakarta
   134    17 July 2024            Many Diaspora SMEs in Australia, Opening. BNI Sydney Branch Office Considered            Jakarta
                                  Potential
   135    18 July 2024            Pampering Generation Z and Millennial Customers, BNI Holds Emerald Private Golf          Jakarta
                                  Clinic Gen 2.0
   136                            DPR Commission VI Appreciates BNI's Performance and Commitment to Encourage              Jakarta
                                  MSMEs to Move Up a Class



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                                                                                          PT Bank Negara Indonesia (Persero) Tbk
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                                       2024          Report        Profile     Analysis on Company Performance      Functions



No.          Date                                                  Title                                             Venue
137   19 July 2024          Encouraging MSMEs to Penetrate the Global Market, Customs and Excise                   Jakarta
                            Collaborate with BNI Xpora to Hold FGD UMKM Export Series in Denpasar
138                         BNI Celebrates Its 78th Anniversary by Launching wondr by BNI and Holding BNI          Jakarta
                            Expo 2024
139   July 21, 2024         BNI Reappointed as RDN Administrator and Payment Bank                                  Jakarta
140   July 22, 2024         BNI Xpora and KAI Services Collaborate to Increase Sales Opportunities for MSME        Jakarta
                            Products at KAI Onboard Service
141                         BNI and DJP Hold "Spectaxcular 2024" Tax Campaign, Calling for Strong Taxes,           Jakarta
                            Healthy APBN
142   July 23, 2024         BNI Encourages East Java MSMEs to Penetrate the Global Market Through BEF in           Jakarta
                            Surabaya
143                         Developing the Campus Financial Ecosystem, BNI and Telkom University                   Jakarta
                            Collaborate to Create Integrated Payments
144                         wondr by BNI Receives Appreciation from DPR Members                                    Jakarta
145                         Commission VI DPR Appreciates BNI's Performance and Innovation Including               Jakarta
                            wondr by BNI
146                         BNI Xpora Wins SME Enabler of the Year 2024 Award from Marketeers Magazine             Jakarta
147   July 24, 2024         Kapolri Cup 2024 by BNI Celebrates Bhayangkara's 78th Anniversary                      Jakarta
148                         Bhayangkara's 78th Anniversary, BNI Supports Kapolri Cup Badminton                     Jakarta
                            Championship 2024
149   July 25, 2024         BNI Finance Records Financing of IDR 2.89 T in Semester 1 2024, Soaring 216%           Jakarta
150   July 27, 2024         BNI Firmly Combats Online Gambling                                                     Jakarta
151   July 29, 2024         BNI Hopes the 2024 Kapolri Cup Badminton Championship Will Be an Event to              Jakarta
                            Gather Athletes with Achievements
152                         BNI and Indosat Collaborate to Provide Financial Services and Information              Jakarta
                            Technology
153   July 30, 2024         hibank Supports Green Financing for Water Treatment Plant Project in Bekasi            Jakarta
154                         Visit BNI Expo 2024, Find Easy and Exciting Ways to Own a Dream Home, Vehicle,         Jakarta
                            or Picnic
155   July 31, 2024         Kapolri Cup Successfully Held, BNI Appreciates the Police                              Jakarta
156                         BNI Ciputra Golfpreneur Tournament 2024, Encourages Indonesian Athletes to             Jakarta
                            World Level
157   August 2, 2024        Opening Today in BSD, BNI Expo 2024 Offers Attractive Promos and Enjoy a               Jakarta
                            Wonderful Journey
158                         BNI Securities Ready to Pamper Customers with Exclusive Promotions at BNI Expo         Jakarta
                            2024
159                         Innovative and Dedicated, BNI and BNI Securities Win Awards at the Asian Banking       Jakarta
                            & Finance Award
160   August 3, 2024        BNI Launches Credit Card Co-Branding with MAPCLUB                                      Jakarta
161   August 4, 2024        BNI Expo 2024 Becomes a Business Matching Event for MSMEs with International           Jakarta
                            Buyers
162   4August 2024          Enlivening BNI Expo 2024, BNI Asset Management Invites the Public to Learn to          Jakarta
                            Manage Finances
163   August 5, 2024        Celebrating BNI's 78th Anniversary, Thousands of Runners Join BNI Miles Tune 5K        Jakarta
164   August 6, 2024        BNI Expo 2024 Successfully Held, Tens of Thousands of Visitors Enjoy a Wonderful       Jakarta
                            Journey
165   August 7, 2024        Penetrating the American Market, BNI Xpora Brings Fostered MSMEs to the                Jakarta
                            Shoppe Object NYC 2024 Exhibition
166   August 13, 2024       President Jokowi Visits BNI Digital Banking Cafe, Access to Banking Services is        Jakarta
                            Easier and More Convenient in IKN
167                         BNI and Mercubuana University Collaborate to Improve the Campus Financial              Jakarta
                            Ecosystem
168   August 14, 2024       BNI Holds Compliance Forum with the KPK, Improves Anti-Corruption Culture              Jakarta
169   August 15, 2024       BNI-UI Half Marathon 2024 Returns, Join the Excitement and Get Interesting             Jakarta
                            Promos
170   August 15, 2024       BNI Enters the Ranks of the Largest Companies in Indonesia According to Fortune        Jakarta
                            Indonesia 100
171   August 16, 2024       Go Global, BNI Xpora Sends 5 SMEs to HKTDC Food Expo 2024 in Hong Kong                 Jakarta
172   August 17, 2024       BNI Xpora Holds BNI Exporters Forum in Makassar, Encourages SMEs to Go Global          Jakarta
173                         BNI and OJK Educate IKN Construction Workers about the Dangers of Online               Jakarta
                            Gambling
174   August 18, 2024       Commemorating National Housing Day 2024, BNI Supports Greening in IKN                  Jakarta



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         Practices           Governance          Responsibility       Commitment     Statements



    No.           Date                                                   Title                                               Venue
   175    August 20, 2024         BNI Ciputra Golfpreneur Tournament 2024 Returns, Presenting Professional Golfers        Jakarta
                                  of Asian Level
   176    August 21, 2024         BNI Supports Diaspora through Excellent Programs Through Overseas Office                Jakarta
                                  Networks
   177    August 23, 2024         Actively Carrying Out Financial Literacy and Inclusion, BNI Wins Prestigious Award      Jakarta
                                  from OJK
   178    August 24, 2024         BNI Supports Bluebird's Digital Business Transformation, Creating Future Mobility       Jakarta
   179                            BNI and Ciputra Collaborate in the 2024 Golfpreneur Tournament, Encouraging             Jakarta
                                  Indonesian Golfers to the World Stage
   180    August 25, 2024         wondr by BNI Records 2 Million Downloads Since Launch, Becomes a Game                   Jakarta
                                  Changer in Banking Industry
   181    August 27, 2024         Making it Easier for Diaspora, BNI and Ministry of Foreign Affairs Collaborate on       Jakarta
                                  Indonesian Community Cards Abroad
   182    August 29, 2024         Bazaar Fest Vol 3 Held for 3 Days, Filled with Promos wondr by BNI                      Jakarta
   183                            BNI Brings wondr Application Globally, Introduced in Five International Financial       Jakarta
                                  Centers
   184                            BNI and Bappenas Strengthen Cooperation, Invite Employees to Use wondr by BNI           Jakarta
   185    August 30, 2024         Need KUR But Limited Time? BNI Opens KUR and BWU Services on Holidays                   Jakarta
   186    September 1, 2024       Making Transactions More Exciting, Wondr by BNI Usage Increases by 200%                 Jakarta
   187    September 2, 2024       BNI Successfully Holds Bazaar Vol 3, Wondr by BNI Facilitates Visitor Transactions      Jakarta
   188    September 3, 2024       BNI Supports Indonesia Africa Forum (IAF), Optimizing Global Business                   Jakarta
                                  Cooperation
   189    September 5, 2024       BNI Introduces New Look New Image Concept on National Customer Day                      Jakarta
   190                            BNI Inaugurates Representative Office in Sydney, Becoming the First Indonesian          Jakarta
                                  Bank in Australia
   191    September 8, 2024       BNI Representative Office in Sydney Ready to be Transformed into a Branch Office        Jakarta
                                  Next Year
   192                            BNI Enters Fortune Indonesia's List of 100 Largest Companies in Indonesia               Jakarta
   193    September 9, 2024       Attended by 10,000 Runners, BNI UI Half Marathon 2024 Successfully Held                 Jakarta
   194    September 11, 2024      Realizing an Inclusive Economy and Digitalizing Access to MSME Financing, BNI           Jakarta
                                  Collaborates with Amartha
   195    September 12,           This MSME from Bali Successfully Exports Its Products to the US Thanks to BNI's         Jakarta
          2024                    Assistance
   196                            Getting to Know MSME Kopi Banyuatis, a Typical Balinese Coffee Fostered by BNI          Jakarta
   197                            BNI and IKA Trisakti Collaboration, Expanding Campus Financial Ecosystem                Jakarta
                                  Program
   198    September 13, 2024      BNI Venture Bridges Startups and Banking Through the Match Arc Program                  Jakarta
   199    September 14,           BNI Penetrates the List of 1,000 Best Companies in the World 2024 According to          Jakarta
          2024                    TIMES and Statista
   200    September 18, 2024      Strengthening Global Services, BNI Receives Appreciation from the DPR                   Jakarta
   201    September 19, 2024      DPR Praises the Opening of BNI Representative Office in Sydney                          Jakarta
   202                            Asset Quality Increases, BNI Receives Appreciation from Commission XI of the DPR        Jakarta
   203    September 20,           Credit Restructuring Decreases, DPR Gives Appreciation to BNI                           Jakarta
   204    2024                    Record Positive Performance in Semester 1 2024, BNI Praised by DPR                      Jakarta
   205                            Implementing Transparent Sustainability Reports, BNI Wins Republika ESG Award           Jakarta
                                  2024
   206    September 21,           BNI, Telkomsel and AOP Collaborate Ready to Make Indonesia the Center for               Jakarta
          2024                    Global Pop Idol in Southeast Asia
   207    September 22,           BNI and Bloomberg Collaborate to Facilitate BPD Foreign Exchange Transactions           Jakarta
          2024                    Through the FXGO Platform
   208    September 25, 2024      Supporting Green Transition in the Energy Sector, BNI Holds BEST Event                  Jakarta
   209    September 26,           BNI Records Significant Asset Growth in 5 Years, Supported by Digital                   Jakarta
          2024                    Transformation and Strategic Expansion
   210    September 28, 2024      BNI Brings Indonesian Badminton Athletes to Make History on the Global Stage            Jakarta
   211    September 30,           BNI Investor Daily Summit 2024, Accelerating Economic Growth in the Transition          Jakarta
          2024                    Period
   212    October 2, 2024         Collaborating with BPDLH, BNI Distributes Funds for the Small Grant Program             Jakarta
   213    October 3, 2024         Supporting Inacraft on October Vol 3, BNI Encourages the Young Generation to            Jakarta
                                  Become Entrepreneurs
   214                            Increasing Accessibility of International Services, BNI Relocates KLN Singapore to      Jakarta
                                  Location Strategic at Raffles Place



                                                                                                           2024 Annual Report
                                                                                         PT Bank Negara Indonesia (Persero) Tbk
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Page 395
                                     Performa      Management     Company        Management Discussion and       Business Support
                                       2024          Report        Profile     Analysis on Company Performance      Functions



No.          Date                                                  Title                                             Venue
215   October 8, 2024       BNI Investor Daily Summit 2024: Optimism Amidst Various Global Challenges              Jakarta
216                         BNI Investor Daily Summit 2024: BNI Encourages Business Competitiveness with AI        Jakarta
                            and Cloud-Based Digital Transformation
217   October 9, 2024       Supporting Customer Business Growth, BNIdirect Presents Latest Features                Jakarta
218   October 10, 2024      BNI Investor Daily Summit 2024: BNI and Prabowo's Emotional Memories: A                Jakarta
                            Family Legacy That Continues
219                         Investor Daily Summit 2024: Lo Kheng Hong Reveals 6 Ideal Criteria for Stocks          Jakarta
                            Worth Buying, BNI Enters the List
220   October 12, 2024      BNI Investor Daily Summit 2024: BNI Director Shares Tips on Choosing Investments       Jakarta
                            According to Risk Profile
221                         Investor Daily Summit 2024: BNI Strengthens Smart City Services to Attract             Jakarta
                            Investment in Regions
222                         BNI Supports OJK in Increasing Financial Literacy and Inclusion at FinExpo 2024        Jakarta
223   October 13, 2024      25 Years of GarudaMiles: BNI and Garuda Indonesia Offer Bonuses of Up to 25,000        Jakarta
                            GarudaMiles for Garuda Credit Cardholders BNI
224                         BNI and BNI Partners Win a Series of Awards at the 2024 BUMN Champion Partner          Jakarta
                            Event
225   October 16, 2024      BNI and BPJS Kesehatan Expand Cooperation to Improve National Health Services          Jakarta
                            (16/10)
226   October 17, 2024      Educating Trisakti Students, BNI Reminds of the Importance of Personal Data            Jakarta
                            Protection and Consumer Protection
227   October 23, 2024      Encouraging Innovative Collaboration in the Financial Services Industry, BNi           Jakarta
                            Ventures Brings 10 Axel Arc Start-ups to the Tech In Asia Conference 2024
228                         Achieving Ranking 6 for the Largest Tax Paying BUMN in 2023, BNI is Optimistic to      Jakarta
                            Continue Contribution to the Country
229   October 25, 2024      BNI's Q3 Performance Presentation Digitalization Boosts Operational Income, BNI's      Jakarta
                            Profit Reaches IDR 16.3 Trillion in Q3 2024
230   November 1, 2024      Chairman of Commission XI of the DPR Misbakhun Appreciates BNI's Digitalization        Jakarta
                            and Performance
231                         UI and BNI Develop a Digital Ecosystem for Innovative and Efficient Education          Jakarta
232   November 4, 2024      Transforming Branch Office Services, BNI Inaugurates the First Super Flagship in       Jakarta
                            Bandung
233   November 7, 2024      Present at Indonesia Week Hong Kong 2024, wondr by BNI Closer to Indonesian            Jakarta
                            Diaspora in Hong Kong
234   November 8, 2024      Increasing Digital Literacy, BNI Invites UKSW Salatiga Students to Become a            Jakarta
                            Financially Smart Generation
235   November 9, 2024      BNI Digital Banking Cafe Present in Bali, Enjoy the Beauty of Mount Batur While        Jakarta
                            Making Transactions
236   November 10, 2024     Reformasi Run on Heroes' Day, wondr by BNI Present in Senayan                          Jakarta
237   November 11, 2024     Indonesian Consulate General Names BNI as the Best Bank Serving Diaspora in            Jakarta
                            Hong Kong
238                         BNI Obtains USD 600 Million Loan Facility from 6 Foreign Banks                         Jakarta
239   November 13, 2024     Becoming a Debtor's Strategic Partner, BNI Affirms Commitment to Encourage             Jakarta
                            Green Transition at COP29 Azerbaijan
240                         Supporting Indonesia Fintech Summit 2024, BNI Educates the Public about                Jakarta
                            Financial Services Integration
241   November 16, 2024     BNI Culture Fest 2024, Transformation in Building Work Culture and Performance         Jakarta
242   November 18, 2024     BNI's Digitalization and Expansion Abroad Receive Praise from DPR Members              Jakarta
243   November 20, 2024     BNI Optimizes Digital Services to Make it Easier for Manulife Customers to Pay         Jakarta
                            Premiums
244   November 21, 2024     Win Best Employer Brand on Linkedin Talent Award Indonesia 2024, BNI Leads the         Jakarta
                            Future of the World of Work
245                         BNI Expands Services for the Indonesian Diaspora in the Netherlands through the        Jakarta
                            Implementation of KMILN
246   November 22, 2024     Strengthening Commitment as an Agent of Development, BNI Partners with                 Jakarta
                            Batumbu to Expand Access to Financing for MSMEs
247                         Pocketing the ASRAT Gold Rank for 4 Consecutive Years, Proof of BNI's                  Jakarta
                            Commitment to Implementing Sustainable Finance
248   November 23, 2024     Indonesian Ambassador to the Netherlands: BNI's Support for KMILN Affirms Its          Jakarta
                            Position as a Parent Bank




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         Practices           Governance          Responsibility       Commitment     Statements



    No.           Date                                                    Title                                              Venue
   249    November 28, 2024       BNI Wins the Title of "The Most Trusted Companies" at the 2024 Corporate                Jakarta
                                  Governance Perception Index Award
   250                            Consistently Improving the Quality of GCG Implementation, BNI Again Wins the            Jakarta
                                  Title of The Best Overall in Corporate Governance
   251                            Presenting a New Concept, BNI Emerald Center Pamper Premium Customers                   Jakarta
   252    November 29, 2024       BNI Mastercard World Comes with New Design and Features, Living Healthier,              Jakarta
                                  Traveling More Exciting
   253                            BNI Gets Closer to Loyal Merchants Through "BNI Wonderful Movie Day 2024"               Jakarta
   254    November 30, 2024       Royke Tumilaar CEO of The Year 2024, Becomes an Influential Figure in the               Jakarta
                                  Indonesian Banking Industry
   255                            The Excitement of Shopping Race in 17 Cities, The More You Shop with BNI, the           Jakarta
                                  More Profitable
   256    December 1, 2024        DPR Praises BNI's Presence in the Netherlands, Providing the Best Service to the        Jakarta
                                  Diaspora
   257    December 2, 2024        Caring for the Future, Young Generation, BNI's Real Action to Tackle Stunting and       Jakarta
                                  Undernourished Pregnant Women in Tasikmalaya
   258    December 3, 2024        Deputy Chairman of Commission XI of the Indonesian House of Representatives             Jakarta
                                  Appreciates BNI's Role as an Agent of Development
   259    December 4, 2024        BNI Ventures Collaborates with IPB to Develop a Startup Ecosystem                       Jakarta
   260    December 6, 2024        Supporting East Java's Economic Growth, BNI is Closer to Business Actors in             Jakarta
                                  Surabaya
   261                            BNI's Positive Performance Record Praised by the DPR                                    Jakarta
   262    December 7, 2024        Supporting Financial Inclusion, BNI Participates in Celebrating International           Jakarta
                                  Disability Day 2024
   263    December 11, 2024       Becoming the Best Bank in the Rupiah Money Market to Inclusive Financing, BNI           Jakarta
                                  Wins 5 Awards from Bank Indonesia
   264    December 12, 2024       BNI's Efforts to Support the Government in Achieving Net Zero Emissions 2060            Jakarta
   265    December 15, 2024       Innovative in Campus Services, BNI Wins the Diktisaintek Award                          Jakarta
   266    December 17, 2024       BNI Moves Quickly to Distribute Aid to Sukabumi Disaster Victims                        Jakarta
   267    December 19, 2024       Consistently Implementing Information Transparency, BNI Wins Informative BUMN           Jakarta
                                  from the Central Information Commission
   268    December 19, 2024       BNI Prepares IDR19.74 Trillions in Cash, Ensure Safe and Secure Transactions            Jakarta
                                  During Christmas and New Year
   269    December 19, 2024       Increase Coffee Farmer Productivity, BNI Equatorial Coffee Exploration Present in       Jakarta
                                  Temanggung
   270    December 20, 2024       Supporting the Work of the Disabled, BNI Head Office Displays Paintings by 7            Jakarta
                                  Young Visual Artists
   271    December 21, 2024       Hibank and Strategic Partners Sign MOU to Build a Digital Ecosystem for MSMEs           Jakarta
                                  in Indonesia
   272    December 21, 2024       BNI Provides Explanation Regarding Sritex's Bankruptcy Status                           Jakarta
   273    December 22, 2024       Supporting MSMEs to Go Global, BNI Collaborates with PT Pos to Strengthen               Jakarta
                                  Logistics and Financing Ecosystems
   274    December 22, 2024       New BNI Credit Card Product - My Pertamina, Buy Fuel and Get Cashback                   Jakarta
   275    December 24, 2024       Digital Transformation, BNI DPLK Present with New Website                               Jakarta
   276    December 31, 2024       BNI Xpora Helps Indonesian Coffee MSMEs Penetrate South Korean and Taiwanese            Jakarta
                                  Export Markets
   277    December 31, 2024       Closing 2024, wondr by BNI Users Get Ready to Receive Financial Transaction             Jakarta
                                  Reports from wondr insight




                                                                                                           2024 Annual Report
                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                    997
Page 397
                                      Performa      Management      Company              Management Discussion and       Business Support
                                        2024          Report         Profile           Analysis on Company Performance      Functions



SOCIAL MEDIA

BNI utilises social media as one of the main communication tools to interact with external corporate parties,
including customers, business partners and the wider community. Through platforms such as Instagram
(Quickpose), BNI actively conveys information on Company Activities, company policies, and educational
campaigns related to finance and banking. The use of social media allows BNI to respond to the needs and
questions of the public quickly and effectively, while building closer and more transparent relationships
with stakeholders. With a well-directed communication strategy, social media is also an important tool in
strengthening BNI’s positive image in the eyes of the public.

 No           Date                                                             Title
1      January 1, 2024       Happy New Year 2024
2      January 3, 2024       Beware! Scam Prize Draw Programs Are Rampant in the Name of BNI
3      January 8, 2024       Welcoming 2024, Listen to the Message from the President Director of BNI
4      9 Januari 2024        BNI held an event at the beginning of the year, namely the 2024 New Year's Friendly Gathering in
                             order to establish friendship with the entire BNI Hi-Movers family
5      January 11, 2024      As a form of support from the Ministry of SOEs and BNI for women.
6      January 12, 2024      Due to Negligence, the Balance in the Account Can End in Goodbye
7                            Fake Job Applications End in Sorrow
8                            In the midst of the development of digitalization, BNI continues to organize its office network.
                             In addition to reducing the number of branch offices, BNI also continues to transform existing
                             branch offices.
9      January 21, 2024      BNI also participated in Christmas activities with the Ministry of SOEs with the theme 'Glory to
                             God and Peace on Earth'
10     January 24, 2024      First Day of Indonesia Masters 2024, Indonesia Reaps Many Achievements
11     January 27, 2024      Enthusiasm to Win for Indonesia
12     January 28, 2024      Indonesian Men's Doubles Maintain Tradition of Winning Indonesia Masters 2024
13     January 30, 2024      Three Years of Transformation, BNI Produces Solid and Quality ROE
14     February 1, 2024      Indonesia Incorporated Day: BNI is Committed to Continuing to Encourage Diaspora Potential
15     February 3, 2024      Implementing CSR Programs, BNI and the DKI Jakarta Provincial Government Inaugurate
                             Swadharma Shop for Street Vendor Management
16                           Football For Fun, Grassroot Football Day Bhayangkara Presisi with BNI
17     February 7, 2024      BNI Wins Alpha Southeast Asia Best Awards 2023
18     February 8, 2024      Happy Commemorating Isra Miraj 1445 H/2024 M
19                           The Meaning of the Isra Mikraj Event in the Lives of Muslims
20     February 9, 2024      Happy National Press Day
21                           Improving Teacher Competence, BNI Shares Teacher Certification
22                           Monthly Meeting, Agenda Setting of the Ministry of SOEs
23     February 10, 2024     Congratulations Chinese New Year 2575
24                           According to Feng Shui, These Are the Lucky Charms in the Year of the Dragon 2024
25     February 12, 2024     3 Years of BNI Transformation Produce Solid & Quality ROE
26     February 18, 2024     Rise of The Dragon, Chinese New Year 2024
27     February 20, 2024     Welcoming the 25th Anniversary of the BNI Workers Union, Holds Fun Football – Friendly Match
                             with HIMBARA
28     February 21, 2024     National Waste Care Day
29                           BNI Hi-Movers, Are You Sure You Care About the Environment? Try to Guess What 3R Stands For!
30     February 22, 2024     BNI Groundbreaking The Icon of Emerald
31                           ITB Studium Generale, BNI President Director Encourages the Young Generation to Become
                             Entrepreneurs
32     February 25, 2024     BNI and Posind Establish Cooperation
33     February 26, 2024      Beware of Investment Fraud Cases and Illegal Loans, BNI Holds Financial Planning Education
34     February 27, 2024      Get Ready to Attack the Best Local Products with Special Offers at Inacraft
35     February 28, 2024      Happy Galungan Day
36     March 1, 2024          BNI is Committed to Continue Supporting the Development of the Indonesian Capital City (IKN)
37                            Exactly twenty years of BNI supporting MSMEs to develop through Jakarta International Inacraft
38     March 2, 2024          BNI Wins 3 ESG Awards




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         Practices           Governance          Responsibility       Commitment          Statements



    No            Date                                                            Title
   39     March 5, 2024           Distributing 50% Dividends, BNI is Optimistic that Performance Will Be More Positive in 2024
   40                             Congratulations and Success to the Board of Commissioners of PT Bank Negara Indonesia
   41                             Congratulations and Success to the Board of Directors of PT Bank Negara Indonesia
   42     March 7, 2024           BNI Exporters Forum Supports MSMEs to Penetrate the Global Market
   43     March 8, 2024           BNI Strengthens Commitment, Increases Financial Literacy and Inclusion through Various
                                  Programs
   44                             e-Imsakiyah Ramadan 1445 Hijriah Can be accessed at any time
   45     March 9, 2024           Happy Kuningan Day
   46     March 10, 2024          BNI Wins Two Corporate Communication Awards at BCOMSS 2024
   47     March 11, 2024          Happy Nyepi Day, Saka New Year 1946
   48                             Marhaban Ya Ramadan
   49     March 14, 2024          BNI Win OMNI Brand of The Year 2024 Award
   50                             Congratulations to Indonesian Athletes for Their Great Achievement in Advancing to the All
          March 17, 2024          England 2024 Final
   51                             Support the Struggle of Indonesian Athletes in the All England 2024 Final
   52     March 18, 2024          Indonesia is increasingly shining in the All England 2024 final
   53     March 20, 2024          Hidden Treasure Worth Millions of Rupiah Awaits You
   54     March 21, 2024          Find The Treasure
   55                             Anti-Dizziness Trick to Find the Find The Treasure QR Code
   56     March 22, 2024          1 Meaningful Hour for Earth Sustainability
   57     March 23, 2024          BNI and ITS Surabaya Collaborate on Banking Services
   58                             Ramadan Excitement, BNI and UNAIR Collaborate to Distribute Food Packages
   59     March 24, 2024          Extraordinary Achievements of Indonesian Athletes Advancing to the Swiss Open Final
   60                             BNI Supports the Global Earth Hour Initiative
   61     March 25, 2024          Indonesia is the Champion! Wins 3 Swiss Open Titles
   62                             Realizing Collaboration, SP BNI Celebrates 25th Anniversary and Inaugurates Roemah Aspirasi
   63                             Encouraging Startup and Digital Ecosystem Development, BNI Ventures Injects Funds into Rukita
   64     March 26, 2024          2024 BUMN Ramadan Safari Held
   65     March 29, 2024          Happy Good Friday
   66                             Creating Digital Innovation, BNI Wins Awards
   67     March 31, 2024          Happy Easter
   68                             Wonderful Ramadan, BNI Shares Celebrating Nuzulul Quran Night
   69     April 1, 2024           Congratulations to Indonesian Athletes
   70                             Indonesia is the Champion in Europe
   71     April 3, 2024           BNI Wins 18 Awards
   72                             Fun Homecoming with BUMN
   73     April 5, 2024           Commitment to Implementing Good Corporate Governance
   74                             BNI Xpora Brings Indonesian Coffee MSMEs to the Amsterdam Coffee Festival
   75     April 6, 2024           Want a More Comfortable Homecoming? Tapcash You Must Bring
   76                             BNI Ensures Services Are Ready to Welcome Eid 2024
   77     7 April 2024            Welcome Wonderful Lebaran, This is BNI's Promo
   78                             BNI Shares Happiness in the Month of Ramadan
   79     8 April 2024            Anxiety-Free Homecoming with the Ease of BNI Cash Withdrawals
   80                             BNI Holds Employee Volunteering to Clean and Help Mosque Infrastructure
   81                             Support Indonesia to be the Champion in Asia
   82     9 April 2024            Homecoming Without Queuing, Order and Buy Whoosh Tickets on BNI Mobile Banking
   83                             Happy Eid Al-Fitr
   84                             Proud to be BNI HI-Movers
   85     10 April 2024           It doesn't feel like 30 days have passed since we maximized the wonderful Ramadan filled with
                                  togetherness
   86     April 13, 2024          Joatan Christie's Spirit to Win
   87     April 14, 2024          Congratulations Jonatan Christie
   88     April 16, 2024          Xpora's Fostered MSME Products Penetrate the American Market
   89     18 April 2024           BNI Supports MSMEs to Penetrate the Singapore Market
   90     20 April 2024            Indonesia Wins at All England and BAC



                                                                                                                2024 Annual Report
                                                                                              PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                       999
Page 399
                                      Performa      Management     Company              Management Discussion and       Business Support
                                        2024          Report        Profile           Analysis on Company Performance      Functions



No            Date                                                            Title
91     April 21, 2024        Happy Kartini Day
92                           Happy Kartini Day
93                           Happy Kartini Day
94     April 22, 2024        Happy Earth Day
95                           BNI Holds an Awards Night to Give the Highest Appreciation for the Achievements of athletes
96     April 24, 2024        BNI and UNDIP Synergize
97     April 25, 2024        Road to Thomas and Uber Cup 2024
98     April 26, 2024        BNI and Telkomsel Establish Reciprocal Cooperation for Employees
99     27 April 2024         Good Luck in the Thomas and Uber Cup 2024
100    April 30, 2024        Print Credit Growth Amidst Global Dynamics
101    May 1, 2024           Happy Labor Day
102                          BNI and UNUD Synergy
103    2 May 2024            Happy National Education Day
104                          Quick Question with Jonathan Christie
105                          BNI Provides Financing Solutions for Business Actors through Supply Chain Financing
106                          Support Green Financing
107    3 May 2024            Quick Question with Anthony Ginting
108    4 May 2024            Posting Credit Growth Amidst Global Dynamics, MSME and Consumer Segments Become BNI's
                             New Growth Engines
109                          Congratulations Indonesia, Thomas & Uber Goes to Final
110    5 May 2024            Thank You Uber Team for Their Struggle to Achieve Runner Up
111                          BNI Java Jazz On The Move Special Edition Returns
112                          Thank You for the Struggle of the Thomas Indonesia Team
113    7 May 2024            BNI Welcomes the Return of the Thomas and Uber Indonesia Teams to Indonesia
114    8 May 2024            BNI Fully Supports Aldila in Achieving Her Dream of Becoming a Grand Slam Champion
115    9 May 2024            Happy Commemorating the Ascension Day of Jesus Christ
116    14 May 2024           BNI Collaborates with 25 PTN
117    15 May 2024           BNI Strengthens Synergy with the Indonesian Army
118    18 May 2024           Aldila Sutijadi and Asia Muhammad – FINAL
119                          BNI Amsterdam Further Optimizes BNI's Business in Europe
120                          The 2024 Thropee Clarins Champion
121    19 May 2024           BNI Wins the Marketeers Youth Choice Award
122    20 May 2024           Happy National Awakening Day
123    22 May 2024           BNI Delivers Batch V BUMN Bakti Volunteers to Samboja and IKN
124                          BNI Ventures Injects Funds into Fishlog
125                          World Water Forum 2024 Held in Bali, BNI becomes the only banking partner
126    23 May 2024           Happy Vesak Day
127                          BNI Strengthens Synergy with IKN Authority
128                          BNI Java Jazz Festival 2024 Held for 3 Days in Kemayoran
129    24 May 2024           How to Get to the BNI Java Jazz Festival 2024 Venue
130                          Swing Into Wondrful Music Experience
131                          Here's the Line Up for BNI Java Jazz Festival 2024
132                          Can Plastic Waste Be a Gift? Let's Exchange It at the BNI Java Jazz Festival Recycle Vending
                             Machine
133    25 May 2024            BNI Java Jazz Festival 2024! More Than Just Music, Experience the Wondrful Experience
134                           Erwin Gutawa, Ruth Sahanaya, and Incognito Captivate Audience on the First Day of the BNI
                              Java Jazz Festival 2024
135                           Welcome to BNI Java Jazz Festival 2024
136    26 May 2024            Wondrous Day Two of the BNI Java Jazz Festival
137                           BNI Agen 46 Present at the Wondrous Booth of the BNI Java Jazz Festival 2024
138    27 May 2024            The Most Stunning Jazz Music Performance in Indonesia
139    28 May 2024            BNI and UNY Establish Synergy
140    29 May 2024            BNI Finance Records Positive Performance in Q1 2024




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         Practices           Governance          Responsibility       Commitment        Statements



    No            Date                                                          Title
   141    30 May 2024             Happy Birthday Mr. Erick Thohir
   142                            BNI Java Jazz Festival 2024 Successfully Drives BNI Digital Transactions
   143    June 1, 2024            HARLAH PANCASILA 2024
   144    2 June 2024             BNI Holds BNI Exporters Forum 2024 in Bandung
   145                            BNI Invites Emerald Customers
   146    3 June 2024             Ready to Ignite Enthusiasm for Indonesia Open 2024
   147                            Happy World Environment Day
   148    5 June 2024             BNI Finance Director Wins The Most Inspiring Women Leader Award
   149                            For enlivening its 78th anniversary, BNI launches a special anniversary logo with deep meaning
   150    6 June 2024             3 Trivial Habits that make you Incredible
   151    7 June 2024             BNI Becomes a Catalyst for MSMEs Through Collaboration with Pupuk Indonesia Holding
                                  Company
   152                            BNI Hi-Movers, BNI is participating in the success of the BUMN Volunteer Bakti Batch V program
                                  initiated by BUMN for the rehabilitation of orangutans and mangroves in Samboja and the
                                  Indonesian Capital City (IKN) in East Kalimantan.
   153                            The Excitement of BNI Hi Movers as Participants in the BUMN Volunteer Bakti
   154                            3 Innovations That Make It Easier for You to Manage Your Time
   155    8 June 2024             BNI is Ready to Spread Interesting Promos at the 2024 Jakarta Great Sale Festival
   156                            Have Lots of Ideas but Not Confident in Delivering Them?
   157    9 June 2024             BNI and Emirates Hold the Third Travel Fair
   158                            Want to know what can help your career skyrocket?
   159    12 June 2024            One of BNI's efforts is the implementation of the 2024 BNI Performance Excellence Award
                                  (PEXA).
   160                            Tell Us Your Hopes for BNI
   161    13 June 2024            BNI now presents a place for all BNI Hi-Movers to innovate and provide creative ideas through
                                  the website bni.ideaboxapp.com.
   171                            Do You Have an Innovation for BNI?
   172    14 June 2024            BNI Xpora Sends 12 Food and Beverage MSMEs to Indonesia in Korea – SFH 2024
   173                            BNI Opens Limited Services on Eid al-Adha 1445 H
   174    15 June 2024            Life is Wonderful, Experience it! With BNI Titanium Card
   175                            BNI Educates the Community on Waste Management
   176    16 June 2024            BNI and Oppo Collaborate to surprise their loyal customers by providing free tickets to watch the
                                  UEFA Champions League Final Match in England
   177    17 June 2024            Happy Eid al-Adha 1445 H
   178    18 June 2024            #BNIBoxOfTheFuture Did You Know?
   179    June 21, 2024           Happy Birthday Mr. Ir.H. Joko Widodo
   180    23 June 2024            78th Anniversary, BNI Plants 78,000 Mangrove Seedlings in Teluk Pangpang
   181    25 June 2024            BNI Innovation Award (Binnova) is Back
   182    27 June 2024            Donate Clothes to BNI Emphaty Drop Box
   183    28 June 2024            What's New on BNI's 78th Anniversary?
   184    30 June 2024            BNI Launches Special Black Pink the Game Tap Cash Card
   185                            Holding Financial Education and Information Disclosure, BNI Introduces Digiremit Application in
                                  Japan
   186    July 1, 2024            BNI Accelerates Diaspora-Owned Businesses in Japan
   187                            To commemorate BNI's 78th anniversary, BNI wants to share various exclusive promos for loyal
                                  BNI customers
   188    2 July 2024             Let's donate your unused clothes at the BNI Emphaty Drop Box
   189    3 July 2024             Let's celebrate BNI's 78th anniversary together by enjoying various exclusive promos for all BNI
                                  Group products and services
   190    4 July 2024             Providing the best service, BNI wins 13 Infobank Banking Service Excellence Awards 2024
   191                            BNI Loudfest Starter Pack
   192                            To Get Closer, Just Stream




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                                      Performa      Management      Company              Management Discussion and       Business Support
                                        2024          Report         Profile           Analysis on Company Performance      Functions



No            Date                                                             Title
193    5 July 2024           Calling out Discount Hunter
194                          Make your vacation plan from taking selfies in front of the Eiffel Tower to surfing in Hawaii, with
                             wondr by BNI.
195                          Finally, the friend who understands you the most and knows your needs is here!
196                          Make your culinary mission from Italian menus to having coffee at trendy cafes come true!
197                          Make your daily needs to your future desires easier with wondr by BNI
198                          Make shopping for all your daily needs, filling your home, to buying your dream items easier
                             with wondr by BNI
199                          Start planning your life with the new banking app, wondr by BNI.
200                          wondr wondr do your wondr jadiin maumu, wondr is yours
201    6 July 2024           BNI Launches wondr by BNI Application
202    7 July 2024           Happy Islamic New Year 1 Muharram 1446 H
203                          BNI held a spectacular music event titled BNI LoudFest Vol 3 2024 in order to celebrate its 78th
                             birthday.
204                          BNI held the wondrPARADE activity at Car Free Day (CFD) in Jakarta
205    10 July 2024          BNI Inaugurates Integrated Service Unit at ITB
206    19 July 2024          BNI Celebrates 78th Anniversary by Launching wondr by BNI and Holding BNI Expo 2024
207    July 21, 2024         Series of 78th Anniversary, BNI Holds Retirement Gala Dinner, Calling for The wondrful Journey
                             of BNI
208                          BNI Appointed as RDN Administrator and Payment Bank
209                          Enlivening BNI Anniversary, Wondrful soccer Presents Exciting Football Matches
210    22 July 2024          BNI Holds Emerald Private Golf Clinic Gen 2.0
211                          BNI and DJP Hold Tax Campaign “Spextacular 2024” Calling for Strong Taxes, Healthy APBN
212    23 July 2024          Happy National Children's Day
213                          BNI Expo 2024, wondrful journey
214    24 July 2024          Kapolri Cup 2024 by BNI, Enlivening Bhayangkara Anniversary
215                          78th Bhayangkara Anniversary, BNI Supports Kapolri Cup Badminton Championship 2024
216    25 July 2024          BNI Encourages Financial Institutions to Adopt Digitalization of Trade Transactions
217    27 July 2024          Good Luck to the Indonesian Team at the Paris Olympics 2024
218    29 July 2024          BNI and Indosat Collaborate, Provide Financial Services and Information Technology
219                          BNI Hopes the 2024 Kapolri Cup Badminton Championship Will Be an Event to Find Out Athletes
                             with Achievements
220    July 31, 2024         BNI Ciputra Golfpreneur Tournament 2024 Held
221                          Visit BNI Expo 2024, Find Out How to Own a House, Vehicle, and Picnic of Your Dreams Easily
                             and Attractively
222                          The Festive Kapolri Cup 2024 by BNI Officially Ends
223    August 2, 2024        Opening Today in BSD, BNI Expo 2024
224    August 3, 2024        BNI Expo 2024 officially opened on Friday, August 2, 2024 at Hall 1-3A ICE BSD, Tangerang. BNI
                             Securities Ready to Pamper Customers with Promotions at BNI Expo 2024
225                          Innovative and Dedicated, BNI and BNI Securities Win Awards at the 2024 Asian Banking &
                             Finance Awards
226                          BNI Launches Co-branding Credit Card with MAPCLUB
227    August 4, 2024        BAZAR Merdeka DWP Ministry of SOEs
228                          BNI Expo 2024 Becomes an Event for Business Matching between MSMEs and International
                             Buyers
229                          Supporting Gregoria Mariska Tunjung, in the Semifinals of the 2024 Paris Olympics
230                          Enlivening BNI Expo 2024, BNI Asset Management Invites the Public to Learn to Manage
                             Finances
231                          Congratulations Gregoria Mariska Tunjung, Bronze Medalist for the 2024 Paris Olympics
232                          Celebrating BNI's 78th Anniversary, Thousands of Runners Join the BNI Milestune 5K
233                          BNI Expo 2024 Successfully Held, Tens of Thousands of Visitors Enjoy a Wonderful Journey




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         Practices           Governance          Responsibility       Commitment         Statements



    No            Date                                                           Title
   234    August 7, 2024          BNI Xpora Brings Fostered MSMEs to the Shoppe Object NYC 2024 Journey Exhibition
   235    August 8, 2024          Congratulations on the Achievement of the 2024 Paris Olympics
   236    August 9, 2024          wondr by BNI Enlivens the 2024 Tomohon International Flower Festival
   237    August 10, 2024         President Jokowi Inaugurates Banking Café at IKN
   238    August 13, 2024         Don't Be Fooled by Fake Call Centers in the Name of BNI on Google Maps
   239                            Happy Scout Day
   240    August 14, 2024         Opening Today in BSD, BNI Expo 2024
   241                            BNI Presents Banking Ecosystem for Mercubuana University
   242                            Refreshment New Sales Model Revolution Strategy Performance Excellence (RETRACE)
   243    August 15, 2024         Congratulations on the Award from the President of the Republic of Indonesia
   244                            UI Half Marathon Held Again
   245    August 16, 2024         BNI Synergizes with UNTAD, Strengthens Campus Financial Ecosystem Program
   246    August 17, 2024         Happy Birthday to the Republic of Indonesia
   247                            New Archipelago, Advanced Indonesia
   248                            BNI Enters the Ranks of the Largest Companies in Indonesia
   249    August 18, 2024         BNI Xpora Successfully Holds BNI Exporters Forum in Makassar
   250                            BNI and OJK Educate IKN Construction Workers about the Dangers of Online Gambling
   251    August 19, 2024         wondr by BNI financial friend for all Indonesian Diaspora
   252                            National Housing Day 2024, BNI Supports Greening in IKN
   253    August 20, 2024         Support the struggle of Indonesian badminton athletes in the 2024 Japan Open which will take
                                  place on August 20-25, 2024 at the Yokohama Arena, Japan. BNI Ciputra Golfpreneur Tournament
                                  2024 Returns
   254    August 21, 2024         BNI Supports Diaspora Through Excellent Programs Through Overseas Office Networks
   255    August 23, 2024         Business Growth Acceleration Drives BNI's Performance in Semester 1 2024
   256    August 24, 2024         BNI Wins Prestigious Award from OJK
   257    August 25, 2024         BNI and Ciputra Collaborate in Tournament 2024, Encouraging Indonesian Golfers to the World
                                  Stage
   258                            TULOLA Together with BNI Presents Kawan Nusantara “The Dancer”
   259    August 28, 2024         Making it Easier for Diaspora, BNI and the Ministry of Foreign Affairs Collaborate on Indonesian
                                  Community Cards Abroad
   260                            BNI Bazaar Fest Vol.3 Held for 3 Days, Presents Retail and Fashion to Culinary MSMEs
   261    August 29, 2024         Public Espose Live 2024 BNI
   262                            Establish Cooperation, BNI Provides Banking Products and Services for Bappenas
   263    2 September 2024        Congratulations on the Men's Doubles Champion at the 2024 Kore Open
   264                            wondr by BNI Makes it Easier for Visitors to Transact
   265                            There is BNI's Support Behind the Indonesia Africa Forum (IAF), Optimizing Global Business
                                  Cooperation
   266    4 September 2024        Happy National Customer Day. Thank you for being part of BNI's journey in providing quality
                                  products and services
   267                            BNI Introduces New Look New Image Concept on National Customer Day 2024
   268    5 September 2024        BNI Inaugurates Representative Office in Sydney
   269    9 September 2024        Attended by 10,000 Runners, BNI UI Half Marathon 2024 Successfully Held
   270    12 September 2024       Realizing Inclusive Economy and Digitalization of MSME Financing Access, BNI Collaborates
                                  with Amartha
   271                            BNI Synergizes with IKA Trisakti, Strengthens Campus Financial Ecosystem Program
   272    15 September 2024       BNI Reaches 1,000 Best Companies in the World 2024
   273    16 September 2024       Happy Commemorating the Prophet Muhammad's Birthday
   274                            BNI is Proud of the Achievements of Indonesian Badminton Athletes
   275    18 September 2024       BNI Indonesian Masters 2024 Ready to be Held, Presenting Global Spirit
   276    20 September 2024       BNI Wins Republika ESG Award 2024




                                                                                                               2024 Annual Report
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                                        2024          Report         Profile           Analysis on Company Performance      Functions



No            Date                                                             Title
277    22 September 2024     Indonesia Will Become the First Global Pop Idol Center in Southeast Asia
278                          BNI and Bloomberg Collaborate
279    23 September 2024     BNI Named as the World's Most Trustworthy Companies 2024
280    25 September 2024     Happy Galungan 2024
281                          Supporting the Green Transition in the Energy Sector, BNI Holds BEST Event
282    27 September 2024     BNI Records Significant Asset Growth for 5 Years
283    28 September 2024     A Proud Track of Achievements for Badminton Athletes with BNI
284    30 September 2024     BNI Invertor Daily Summit 2024
285    1 October 2024        Happy Pancasila Sanctity Day
286    2 October 2024        Happy National Batik Day
287                          Digitization is Getting Faster, BNI is Optimistic that Business Will Continue to Grow Positively
288                          Collaborating with BPDLH, BNI Distributes Assistance Funds for the Small Grant Program
289    3 October 2024        Supporting Inacraft on October Vol.3, BNI Encourages the Young Generation to Become
                             Entrepreneurs
290                          Increasing Accessibility of International Services, BNI Relocates KLN Singapore to a Strategic
                             Location at Raffles Palace
291    4 October 2024        BNI Spreads Attractive Promos at #DiIndonesiaAja LPS Travel Fair 2024
292    5 October 2024        Happy Kuningan Day
293                          BNI Singapore Milestone: Inspiring Track of Achievement and Growth
294                          BNI Investor Daily Summit 3 Days To Go
295    6 October 2024        BNI Investor Daily Summit 2 days To Go
296                          BNI Hi-Movers, BNI Investor Daily Summit 2024 which will be held on October 8-9, 2024 at
                             Assembly JCC is a collaboration event between sectors and for various stakeholders ranging
                             from the Government, business actors, to investors to jointly formulate strategies to face global
                             and national economic challenges.
297    7 October 2024        BNI Investor Daily Summit 1 Day To Go
298                          BNI Hi-Movers, don't miss the interesting session with Ms. Corina Leyla Karnalies, Director of
                             Retail Banking BNI at the BNI Investor Daily Summit 2024. In the session themed "Financial
                             Independence: Ensuring Financial Literacy across Indonesia", Ms. Corina will discuss the
                             importance of financial literacy as a foundation for achieving financial independence throughout
                             Indonesia.
299                          BNI Hi-Movers, Mr. I Made Sukajaya, Director of Enterprise and Commercial Banking BNI, will
                             discuss the regional government's strategy to attract foreign investment for a brighter future in
                             a session titled "Investing in the Future: How Regional Governments Can Attract Foreign Direct
                             Investment" at the BNI Investor Daily Summit 2024.
300
301                          Director of Technology & Operations BNI, Mr. Toto Prasetio, will discuss how digitalization
                             and technology adoption can drive maximum business growth in a session titled "Business
                             Transformation: How Digitalization & Technology Adoption Will Maximize Business Growth at
                             the BNI Investor Daily Summit 2024.
302
303                          Director of Wholesale and International Banking BNI, Mr. Agung Prabowo, will have an in-depth
                             discussion at the BNI Investor Daily Summit 2024 with the topic Indonesian Capital Market
                             Outlook: Identifying New Investment Opportunities & Strategies. This session will discuss new
                             investment opportunities and strategies in the Indonesian capital market.
304    8 October 2024        BNI Investor Daily Summit 2024, Optimism Amidst Various Global Challenges
305    9 October 2024        BNI Investor Daily Summit 2024, BNI Encourages Business Competitiveness with AI and Cloud-
                             Based Digital Transformation
306                          BNI Investor Daily Summit 2024, BNI Expands Business in Tourism and Health Sectors,
                             Encourages Economic Growth
307    10 October 2024       BNI Investor Daily Summit 2024, Lo Kheng Hong Reveals 6 Ideal Criteria for Stocks Worth
                             Buying, BNI Enters the List
308                          BNI Investor Daily Summit 2024, BNI Shares Tips for Choosing Investments According to Risk
                             Profile
309                          BNI Investor Daily Summit 2024, BNI Strengthens Smart City Services to Attract Investment in
                             the Regions
310                          BNI Investor Daily Summit 2024, Historic Moment Investment Forum Opened by the President
                             and Closed by the President-Elect




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         Practices           Governance          Responsibility       Commitment         Statements



    No            Date                                                           Title
   311                            BNI greatly appreciates the willingness of the Minister of Defense of the Republic of Indonesia
                                  and the President-Elect 2024-2029, Mr. Prabowo Subianto, to deliver a vision statement and
                                  close the BNI Investor Daily Summit 2024 event on October 9 2024. Mr. Prabowo recalls his
                                  family's legacy in the history of BNI, which strengthens his emotional bond with the state-owned
                                  bank.
   312    12 October 2024         25 Years of GarudaMiles BNI and Garuda Indonesia Offer Bonuses of up to 25,000 Garuda Miles
                                  for BNI Garuda Credit Cardholders
   313                            FinExpo 2024: BNI Supports OJK in Increasing Literacy and Inclusion
   314    13 October 2024         Good Luck! Jonathan Christie
   315    14 October 2024         Congratulations! Jonatan Christie
   316                            BNI and Partners Win a Series of Awards at the 2024 Mitra BUMN Champion Event
   317                            BNI and Bluebird Strengthen Payment Digitalization with QRIS across Bluebird's Entire Fleet
   318    16 October 2024         BNI is the Most Transparent Company According to the 2024 GCG Award CNBC with the Attorney
                                  General's Office
   319    17 October 2024         Educating Trisakti Students, BNI Reminds of the Importance of Personal Data Protection
   320                            Happy Birthday to the Elected President of the Republic of Indonesia 2024 – 2029
   321    18 October 2024         wondr by BNI Wins Award in the Innovation and People's Economy Category
   322    20 October 2024         Thank You and Good Luck
   323    24 October 2024         BNI Opens DayCare for Employees' Children, Collaborating with KinderCastle
   324                            BNI Hi-Movers, BNI President Director Mr. Royke Tumilaar invites all BNI HI-Movers, customers,
                                  debtors, business partners and other stakeholders to report alleged violations committed by BNI
                                  Hi-Movers personnel through the Whistleblowing System or WBS channel. BNI Profit Reaches
                                  IDR 16.3T in Q3-2024
   325    25 October 2024         Inspired by the Youth Pledge, on October 28, 2024 we are ready to take action
   326    26 October 2024         Inspired by the Spirit of the Youth Pledge, We Vow to Make It Easier to Make Your Wishes Happen
                                  with wondr by BNI
   327    27 October 2024         Happy Youth Pledge Day
   328    28 October 2024         Compete for a Total Prize of US$2 Million, World Elite Golfers Enliven the BNI Indonesian
                                  Masters 2024
   329    30 October 2024         BNI Hi-Movers Innovation at BINNOVA BNI 2024
   330    31 October 2024         BNI Distributes Supply Chain Financing for Bumi Serpong Damai Partners
   331    3 November 2024         Richard T Lee Wins BNI Indonesian Masters 2024
   332    6 November 2024         Through the Digital Finance Ecosystem, BNI Supports the National Nutrition Agency to
                                  Distribute Free Food
   333                            Present at Indonesia Week Hong Kong 2024, wondr by BNI Gets Closer to the Hong Kong
                                  Diaspora
   334                            BNI Hi-Movers, at this 11.11 moment, it's time for us heroes of life self-appreciation.
   335    8 November 2024         Supporting Unlimited Creativity, wondr by BNI Presents Pop Culture Performance at wondrful
                                  Indonesia Comic Con 2024
   336                            Happy Birthday to the Elected President of the Republic of Indonesia 2024 – 2029
   337                            7 Directions from the Minister of SOEs to Make President Prabowo's Free Nutritious Meal
                                  Program a Success
   338    9 November 2024         On This 11.11 Moment, It's Time to Appreciate Yourself as a Hero of Life
   339                            Increase Financial Literacy, BNI Invites UKSW Salatiga Students to Become a Smart Millennial
                                  Generation
   340    10 November 2024        Happy Heroes' Day!
   341                            wondrful Indonesia Comic Con 2024 Officially Presents Local and International Pop Culture Icons
   342                            BNI Digital Banking Café Present in Bali, Enjoy the Beauty of Mount Batur while Making
                                  Transactions
   343    11 November 2024        Reformasi Run on Heroes' Day, wondr by BNI Present in Senayan
   344                            Ever panicked at the cashier because your balance was insufficient and you had to queue?
   345    13 November 2024        Through the Version 2 Auction Portal, BNI and DJKN Increase the Ease of State Auctions
   346    14 November 2024        BNI Culture Fest 2024
   347    15 November 2024        Supporting the Indonesia Fintech Summit, BNI Educates the Public About Financial Services
                                  Integration
   348    16 November 2024        BNI Culture Fest 2024, Transformation in Building Work Culture and Performance




                                                                                                               2024 Annual Report
                                                                                             PT Bank Negara Indonesia (Persero) Tbk
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Page 405
                                     Performa      Management      Company              Management Discussion and       Business Support
                                       2024          Report         Profile           Analysis on Company Performance      Functions



No           Date                                                             Title
349    17 November 2024     Congratulations to Indonesian Athletes for Their Achievements at the Kumamoto Masters Japan
                            2024
350    18 November 2024     Supporting the World of Education, BNI Presents Teacher Training and Financial Literacy
                            Certificates for Students
351    21 November 2024     Completing the Dukuh Atas Sudirman TOD Ecosystem, BNI Inaugurates Naming Rights for the
                            Jabodebek LRT “Dukuh Atas BNI Station”
352                         wondr by BNI Bright Up Cup Jakarta 2024
353                         Making it Easier for Manulife Customers to Pay Premiums, BNI Optimizes Digital Services
354    22 November 2024     Winning Best Employer Brand on LinkedIn Talent Awards, BNI Leads the Future of the World of
                            Work
355    23 November 2024     Get Gold rank ASRRAT 4 Years, Proof of BNI's Commitment to Implement Sustainable Finance
356                         wondr by BNI Bright Up Cup 2024
357    24 November 2024     Strengthening Commitment as Agent of Development, BNI Collaborates with Batumbu to
                            Expand Financing Access for MSMEs
358                         Indonesian Ambassador to the Netherlands: BNI's Support for KMILN Affirms Its Position as a
                            Global Bank
359    25 November 2024     Happy National Teachers' Day
360    27 November 2024     Consistently Improving the Quality of GCG Implementation, BNI Again Wins the Title of 'The Best
                            Overall in Corporate Governance'
361                         Consistently Implementing GCG, BNI Wins the Title of "The Most Trusted Companies" at the 2024
                            Corporate Governance Perception Index Award
362    28 November 2024     Winning 4 Awards from Visa, BNI Strengthens Its Position as a Transactional Bank
363    29 November 2024     BNI Gets Closer to Loyal Merchants
364                         Presenting a New Concept, BNI Emerald Center Pampers Premium Customers
365    2 December 2024      Royke Tumilaar - CEO OF THE YEAR 2024, Becomes an Influential Figure in the Indonesian
                            Banking Industry
366    3 December 2024      BNI Involves People with Disabilities as Agent 46
367                         World Badminton Stars and Sheila On 7 Enliven wondr by BNI Bright Up Cup 2024
368    4 December 2024      BNI Hi-Movers, Let's Take a Peek at the Excitement of wondr by BNI BrightUp Cup 2024!
369    5 December 2024      BNI and Bumi Siak Pusako Collaborate to Provide Employee Retirement Solutions
370                         Present at Borobudur, BNI Promotes Nusantara Culture Through Plataran Xtravaganza
371                         BNI Ventures Partners with IPB to Develop Startup Ecosystem
372    6 December 2024      Recognized as a Global Bank, BNI Wins Two Prestigious International Awards from Corporate
                            Treasurer
373    7 December 2024      Supporting East Java's Economic Growth, BNI is Closer to Business Actors in Surabaya
374                         Supporting Financial Inclusion, BNI Participates in Celebrating International Day of Persons with
                            Disabilities 2024
375    9 December 2024      BNI Hi-Movers Anti-Corruption
376    11 December 2024     Through Diapora Loan, BNI Helps Indonesian Diaspora in Hong Kong Move Up a Class
377    12 December 2024     BNI Wins 5 Awards from Bank Indonesia, Best Bank in Rupiah Money Market to Inclusive
                            Financing
378                         Supporting Sugar Self-Sufficiency 2028, BNI and Sinergi Gula Nusantara Collaborate to
                            Distribute KUR to Sugarcane Farmers
379    13 December 2024     Commitment to Implement Good Corporate Governance
380                         Strengthening Digital Banking and International Network, BNI Named the Best Transformation
                            Bank
381                         BNI's Efforts to Support the Government in Achieving Net Zero Emissions 2060
382    16 December 2024     Intensifying Education and Literacy, BNI Again Receives an Award from Bank Indonesia
383                         Innovative in Campus Services, BNI Wins the Most Innovative Bank for Digital Campus
                            Transformation Award
384    19 December 2024     BNI Moves Quickly to Distribute Aid to Sukabumi Disaster Victims
385    20 December 2024     Consistently Implementing Information Transparency, BNI Wins Informative BUMN from the
                            Central Information Commission
386    20 December 2024      Supporting Financial Inclusion, BNI Participates in Celebrating International Day of Persons with
                             Disabilities 2024
387    20 December 2024      BNI Prepares IDR 19.74 T in Cash, Ensures Comfortable and Safe Transactions during Christmas
                             and New Year.
388    22 December 2024      Happy National Mother's Day




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         Practices           Governance          Responsibility       Commitment       Statements



    No            Date                                                         Title
   389    22 December 2024        Increase Coffee Farmer Productivity, BNI Explores Equatorial Coffee Present in Temanggung
   390    23 December 2024        Celebrate the Joy of Christmas with Full Hope, Journey to Wondrous Hope
   391    23 December 2024        BNI Launches New BNI My Pertamina Credit Card Product, Buy Fuel and Get Cashback
   392    25 December 2024        Merry Christmas and Happy New Year 2025
   393    28 December 2024        BNI Creates Innovation Hub in Sarinah Building, Birthplace of wondr by BNI



  INTERNAL COMMUNICATION MEDIA

  The use of technology in internal communication is crucial to support the effectiveness of information
  delivery at BNI. Therefore, BNI utilizes various internal communication tools, such as WhatsApp, email, and
  BNI Menyapa SMS, to disseminate information to all employees. These communication tools cover several
  types of information, including:
  1. Newsletter, which contains bank-wide corporate information and high-level content conveyed by the
     Board of Directors;
  2. Corporate Info, which includes more technical, bank-wide corporate information conveyed by the KMP
     Division;
  3. Human Capital Information, which is technical and needs to be delivered promptly by the HCS and HCE
     Divisions; and
  4. Other Information, which is bank-wide but not related to marketing, products, or services.

  Throughout 2024, BNI Menyapa emails were recorded at 255. Below is a list of topics covered in the BNI
  Menyapa emails:
    No            Date                                                     Subject E-mail
   1      January 3, 2024         BNI Menyapa - Presentation of BNI Cooperation & Master of Economics Program, Faculty of
                                  Economics and Business, Trisakti University
   2      4 Januari 2024          BNI Menyapa - SAMSUNG Galaxy Unpacked Get Interesting Offers with BNI Cards
   3      9 Januari 2024          BNI Menyapa - Increase UMKM Go Global, BNI Berbagi Provides Halal Certification Assistance
                                  and On Boarding Training for 422 Culinary UMKM
   4      January 11, 2024        BNI Menyapa - Power Lunch Money Talks: Opening Up About Today's Banking Style
   5      January 13, 2024        BNI Menyapa - Because of Ignoring the Balance in Your Account, It Can End Up Goodbye
   6      January 14, 2024        BNI Menyapa - Presentation of Master of Management Program (S2) Faculty of Economics and
                                  Business, Trisakti University
   7                              BNI Menyapa - Provide a Different Experience, BNI Inaugurates UI Depok Branch Office
   8      January 17, 2024        BNI Menyapa - Fake Job Applications End in Sorrow
   9      January 18, 2024        BNI Menyapa - Leaders Talk Series: Optimizing Organizational Transformation Through Strategic
                                  Delegation
   10     26 Januari 2024         BNI Menyapa - First Day of Indonesian Master 2024, Indonesia Reaps Victory
   11     January 30, 2024        BNI Menyapa - Three Years of Transformation, BNI Produces Solid and Quality ROE
   12     February 5, 2024        BNI Menyapa - Indonesia Incorporated Day: BNI is Committed to Continuously Encouraging
                                  Diaspora Potential
   13                             BNI Menyapa - Implementing CSR Programs, BNI and the DKI Jakarta Provincial Government
                                  Inaugurate Swadharma Shop for Street Vendor Management
   14     February 6, 2024        BNI Menyapa - Boosting the Local Product Market, BNI Provides Vending Machines for Fostered
                                  MSMEs
   15     February 15, 2024       BNI Menyapa - BNIdirect Webinar: Selling With Confidence: Unraveling the Secrets of BNIdirect
   16                             BNI Menyapa - Improving Teacher Competence, BNI Shares Teacher Certification
   17     February 19, 2024       BNI Menyapa - 0% Installment Conversion Program for Staff Credit Card Holders BNI
   18                             BNI Menyapa - Fulfill the Promise of the Future with ORI025!
   19     February 20, 2024       BNI Menyapa - BNI FOLK Campaign
   20      February 21, 2024      BNI Menyapa - Bandung Institute of Technology Public Lecture "Become an Entrepreneur"




                                                                                                             2024 Annual Report
                                                                                           PT Bank Negara Indonesia (Persero) Tbk
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                                      Performa      Management     Company       Management Discussion and       Business Support
                                        2024          Report        Profile    Analysis on Company Performance      Functions



No            Date                                                    Subject E-mail
21     February 23, 2024     BNI Menyapa - Travel Compilation Promo
22                           BNI Menyapa - ITB Studium Generale, BNI President Director Encourages Young Generation to
                             Become Entrepreneurs
23     February 24, 2024     BNI Menyapa - Carrying the Green Building Concept, BNI Builds Office Buildings in the PIK 2
                             Area
24     February 25, 2024     BNI Menyapa - Financial Planning Education for Hongkong's Diaspora
25     February 26, 2024     BNI Menyapa - Traveloka Travel Fair Event (26 Feb - 3 Mar 2024)
26                           BNI Menyapa - Tiket.com OTW Gledek Promo (26 Feb - 6 Mar 2024)
27                           BNI Menyapa - BNI CorpU TV Knowledge Supplement "Smart People, Choose Tapenas: The Right
                             Strategy for Saving and Buying Insurance for the Future"
28     February 29, 2024     BNI Menyapa - BNI Distributes Financing for the Indonesian Diaspora in Hong Kong
29                           BNI Menyapa - Supporting Inacraft 2024, BNI Encourages MSMEs to Go Global
30                           BNI Menyapa - BNI x INACRAFT 2024
31                           BNI Menyapa - Monthly Newsletter WDC
32     March 1, 2024         BNI Menyapa - Winner of the K-Store Challenge Program
33     March 5, 2024         BNI Menyapa - Distributing 50% Dividends, BNI is Optimistic that Performance Will Be More
                             Positive in 2024
34                           BNI Menyapa - Appreciation of 2023 Performance Achievements
35                           BNI Menyapa - Promo Buy 1 Get 2 BNI JJF 2024
36     March 6, 2024         BNI Menyapa - Leaders Talk Series: Fostering a Global Mindset Toward Future Business
                             Ecosystem
37     March 7, 2024         BNI Menyapa - Launching the National Transaction Champion Program 2024
38                           BNI Menyapa - Monthly Newsletter WDC
39     March 8, 2024         BNI Menyapa - BNI Wins Three ESG Awards
40                           BNI Menyapa - BNI Exporters Forum Supports MSMEs to Penetrate the Global Market
41     March 13, 2024        BNI Menyapa - Get Closer Into New System Development Life Cycle (SDLC)
42     March 14, 2024        BNI Menyapa: Supplement Knowledge BNI CorpU TV "Global Series #1" Introduction to Global
                             Culture and Its Impact on Business
43                           BNI Menyapa - Special Promo at Samsung EPP with BNI Credit Card
44     March 15, 2024        BNI Menyapa - Shopping for Anything is Easier with 0% Installments on BNI Credit Card
45     March 18, 2024        BNI Menyapa - BNI x UNIQLO Ramadan Campaign 2024
46                           BNI Menyapa - SR020 Investment in BNI Mobile Banking
47     March 21, 2024        BNI Menyapa - Ramadhan Strengthens Social Harmony
48                           BNI Menyapa - Presentation of Master of Management Program (S2) Faculty of Economics and
                             Business, Trisakti University
49     March 22, 2024        BNII Menyapa - Ramadhan Strengthens Social Harmony
50                           BNI Menyapa - Presentation Master of Management Program (S2) Faculty of Economics and
                             Business, Trisakti University
51     March 25, 2024        BNI Menyapa - K-Store Challenge Program 2024
52     March 26, 2024        BNI Menyapa - Anti Fraud Awareness "Social Engineering: Definition, Types and How to Prevent
                             It"
53                           BNI Menyapa - Safari Ramadan 2024, BNI Shares 78,000 Food Packages and Assistance
54                           BNI Menyapa - WDC Newsletter Feb Wrap up - Vol 2 issue March
55     March 27, 2024        BNI Menyapa - BUMN Safari Ramadan 2024 Held, Providing Cheap Basic Necessities to Free
                             Homecoming
56                           BNI Menyapa - Realizing Collaboration, SP BNI Celebrates 25th Anniversary and Holds
                             Inauguration of Roemah Aspirasi
57     March 28, 2024        BNI Menyapa - BNI CorpU TV Knowledge Supplement: Ramadan Spiritual Lecture
58                           BNI Menyapa - Encouraging the Development of Startups and Digital Ecosystems, BNI Ventures
                             Injects Funds into Rukita
59     April 1, 2024         BNI Menyapa - BNI CorpU TV Knowledge Supplement: Ramadan Spiritual Lecture "Harmony and
                             Tolerance in the Holy Month"
60     April 2, 2024         BNI Menyapa - "Money Talks Power Lunch": Success Story of Global Bond Issuance & BNI
                             Transformation Facing Challenges in 2024
61     April 3, 2024         BNI Menyapa - BNI CorpU TV Knowledge Supplement "Implementation of the Personal Data
                             Protection Law (PDP) at BNI"
62                           BNI Menyapa - Wonderful Ramadan, BNI Shares Happiness on the Night of Nuzulul Quran
63     April 4, 2024          BNI Menyapa - BNI Wins 18 Awards at the 13th Infobank-Isentia Digital Brand Recognition 2024



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         Practices           Governance          Responsibility       Commitment    Statements



    No            Date                                                     Subject E-mail
   64     April 5, 2024           BNI Menyapa - WDC March Wrapped Newsletter-Vol 3 Issue April 2024
   65     April 6, 2024           BNI Menyapa - Commitment to Implementing Good Corporate Governance
   66     April 16, 2024          BNI Menyapa - BNI Helps Specialty Coffee Products of Xpora's Fostered MSMEs Penetrate the
                                  American Market
   67     18 April 2024           BNI Menyapa - BNI CorpU TV Knowledge Supplement: Digital Trend and Skill Series #2
   68     19 April 2024           BNI Menyapa - Shopping for Anything Becomes Easier with 0% Installments on BNI Credit Cards
   69     April 22, 2024          BNI Menyapa - Indonesia Wins All England and BAC, BNI Appreciates and Supports Thomas &
                                  Uber Cup Teams
   70     April 23, 2024          BNI Menyapa - Global Mindset Series #2 Building Collaborative Teams and Customer/Client
                                  Relationships
   71     April 30, 2024          BNI Menyapa - Printing Credit Growth Amidst Global Dynamics, MSME and Consumer
                                  Segments Become BNI's New Growth Engines
   72                             BNI Menyapa - BNI and Telkomsel Strengthen Synergy Through Reciprocal Cooperation to
                                  Employees
   73     2 Mei 2024              BNI Menyapa - BNI and UNDIP Synergize, Strengthen Campus Financial Ecosystem
   74                             BNI Menyapa - Supporting Green Energy Transition, BNI Funds Sidrap PLTB Acquisition by Barito
                                  Group
   75     3 Mei 2024              BNI Menyapa - Investing for a Prosperous Future with ST012!
   76                             BNI Menyapa - BNI Provides Financing Solutions for Business Actors through Supply Chain
                                  Financing
   77     6 Mei 2024              BNI Menyapa - BNI Java Jazz on The Move Special Edition is Back! Natasya Elvira to Fariz RM
                                  and Candra Darusman Ready to Enliven the Event
   78     7 Mei 2024              BNI Menyapa - BNI CorpU TV Knowledge Supplement: Mastering Territory Management in Retail
                                  Business "Strategic and Insights From Industry Experts'"
   79     8 Mei 2024              BNI Menyapa - BNI Welcomes the Return of the Thomas and Uber Indonesia Teams to Indonesia
   80     14 Mei 2024             BI Menyapa - Special Promo at Dyson EPP with BNI Credit Cards
   81                             BNI Menyapa - Consistently Supporting SMMPTN-West 2024, BNI Collaborates with 25 PTN
   82     15 Mei 2024             BNI Menyapa - BNI Strengthens Synergy with the Indonesian Army Through the Provision of
                                  Banking Services
   83     19 Mei 2024             BNI Menyapa - BNI Amsterdam Further Optimizes BNI's Business in Europe
   84     May 21, 2024            BNI Menyapa - Webinar Series on PDP Law - Data Privacy and Data Protection Awareness
   85                             BNI Menyapa - WDC April Wrap up Newsletter - Vol 4 Issue May
   86     22 Mei 2024             BNI Menyapa - Anti Fraud Awareness Webinar - Avoid Online Gambling and Illegal Online Loans
   87     24 Mei 2024             BNI Menyapa - Held in Bali, BNI Fully Supports World Water Forum 2024
   88                             BNI Menyapa - Presenting Wondrful Music Experiences, BNI Java Jazz Festival 2024 Held for 3
                                  Days in Kemayoran
   89     25 Mei 2024             BNI Menyapa - BNI Supports BUMN Volunteer Services to Samboja and IKN, Rehabilitating
                                  Orangutans and Mangroves
   90                             BNI Menyapa - BNI Strengthens Synergy with IKN Authority, Provides Integrated Banking
                                  Services
   91                             BNI Menyapa - Supporting Startup Development, BNI Ventures Injects Funds into Fishlog
   92     28 Mei 2024             BNI Menyapa - Xpora Series 2024 Webinar: Stepping into the International Market with Xpora
   93     30 Mei 2024             BNI Menyapa - USS Wave-1 in 2024
   94     3 Juni 2024             BNI Menyapa - BNI Invites Emerald Customers to Get to Know Environmentally Friendly Vehicles
                                  Closer
   95                             BNI Menyapa - BNI Holds BNI Exporters Forum in Bandung, Encourages SMEs to Penetrate the
                                  Global Market
   96     4 Juni 2024             BNI Menyapa - Shopping for Anything Becomes Easier with 0% Installments on BNI Credit Cards
   97                             BNI Menyapa - Posts Positive Performance in Q1 2024, BNI finance is optimistic that growth will
                                  continue until the end of the year
   98     5 Juni 2024             BNI Menyapa - Watch the "Power Lunch" program on the CNBC channel with Mr. Royke Tumilaar
   99                             BNI Menyapa - BNI Finance Director Wins "The Most Inspiring Woman Leader" Award from CNBC
                                  Indonesia
   100    10 Juni 2024            BNI Menyapa - BNI is Ready to Spread Interesting Promos at the 2024 Jakarta Great Sale Festival
   101    12 Juni 2024            BNI Menyapa - RACE Talk Series: Creating Impactful Innovation through Culture Transformation
   102    13 Juni 2024            BNI Menyapa - Governance, Risk & Compliance (GRC) Series #1: "Risk Mitigation through Cyber ​​
                                  Security Strategy"
   103    14 Juni 2024            BNI Menyapa - Agen46 Webinar Series 2: Strong Features, Increased Profits
   104                            BNI Menyapa - BNI Awards Performance Excellence Award (PEXA) 2024


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                                        2024          Report       Profile     Analysis on Company Performance      Functions



No            Date                                                   Subject E-mail
105    15 Juni 2024          BNI Menyapa - BNI Opens Limited Services on Eid al-Adha 1445 H
106    19 Juni 2024          BNI Menyapa - Strengthening Financial Literacy and Inclusion, BNI Educates the Community on
                             Waste Management
107    20 Juni 2024          BNI Menyapa - Strengthening Financial Literacy and Inclusion, BNI Educates the Community on
                             Waste Management
108                          BNI Menyapa - Healthy Talk Series: Early Detection of Pinched Nerve Risks and Handling with the
                             Latest Technology
109    June 21, 2024         BNI Menyapa - Realizing Shared Dreams with SBR013! Safe and Profitable Investment!
110                          BNI Menyapa - WDC April Wrap up Newsletter - Vol 5 June Issue
111    24 Juni 2024          BNI Menyapa : BNI x Mommy & Me 2024
112    28 Juni 2024          BNI Menyapa : Knowledge Supplement BNI CorpU TV : Webinar BNI Xpora Series "Potential for
                             Indonesian SME Exports to the Land of Windmills, the Netherlands with Xpora"
113                          BNI Menyapa - Knowledge Supplement BNI CorpU TV : Podcast Fit Series "FronlineRevolution &
                             Inspiring Talk (FIT) Session 1-3 Area Head
114    29 Juni 2024          BNI Menyapa - Wisely Managing Finance and Investment Through Financial Education and
                             Public Information Disclosure
115    July 1, 2024          BNI Menyapa - BNI Accelerates Diaspora-Owned Businesses in Japan\
116                          BNI Menyapa - Holding Financial Education and Information Disclosure, BNI Introduces
                             DigiRemit Application in Japan
117    3 Juli 2024           BNI Menyapa - BNI Collaborates with Cloudera to Accelerate Transformation through Generative
                             AI Implementation
118                          BNI Menyapa - Wondrful Celebration for 78Th BNI
119                          BNI Menyapa - BEE BNI Employee Excellence Award 2024
120    5 Juli 2024           BNI Menyapa - BNI's 78th Anniversary Celebration "Leading a Wondrous Nation"
121                          BNI Menyapa - Launching & Presscon wondr by BNI
122    8 Juli 2024           BNI Menyapa - BNI Launches wondr by BNI, Supports Indonesian People to Realize Financial
                             Dreams
123                          BNI Menyapa - Appreciation of Hi-Movers, at the Peak of the 78th Anniversary Celebration, BNI
                             Holds Loudfest 2024 at GBK
124    9 Juli 2024           BNI Menyapa - Support Your Dream Future with BNI
125    July 11, 2024         BNI Menyapa - Digitalization Era: Disruption or Opportunity to Transform?
126                          BNI Menyapa - BNI Inaugurates Integrated Service Unit at ITB, Strengthens Campus Financial
                             Ecosystem
127    19 Juli 2024          BNI Menyapa - BNI Inaugurates Integrated Service Unit at ITB, Strengthens Campus Financial
                             Ecosystem
128    22 Juli 2024          BNI Menyapa - Webinar Xpora Series 2024: "Opportunities & Challenges for Exporting
                             Indonesian SME Commodities to East Asian Countries with the Indonesian Ministry of Foreign
                             Affairs & Xpora
129                          BNI Menyapa - BNI Celebrates 78th Anniversary by Launching wondr by BNI and Holding BNI
                             Expo 2024
130    23 Juli 2024          BNI Menyapa - BNI's 78th Anniversary Presents BNI Expo 2024
131                          BNI Menyapa - Developing the Campus Financial Ecosystem, BNI and Telkom University
                             Collaborate to Create Integrated Payments
132    24 Juli 2024          BNI Menyapa - BNI CorpU TV Knowledge Supplement: Forming an Export-Oriented Coffee
                             Ecosystem
133                          BNI Menyapa - BNI Reappointed as RDN Administrator and Payment Bank
134    26 Juli 2024          BNI Menyapa - WDC Newsletter June Wrap up - Vol 5 Issue July
135    July 31, 2024         BNI Menyapa - Visit BNI EXPO 2024, Find Out How to Own a Dream Home, Vehicle and Picnic
                             Easily and Attractively
136                          BNI Menyapa - BNI and Indosat Establishes Partnership, Provides Financial Services and
                             Information Technology
137    August 2, 2024        BNI Menyapa - Opening Today in BSD, BNI Expo 2024 Offers Attractive Promos and Enjoy a
                             Wondrful Journey
138    August 5, 2024        BNI Menyapa - Healthy Talk Series: "Prevent and Recognize Kidney Failure in Children Early"
139                          BNI Menyapa - BNI Launches Co-Branding Credit Card with MAPCLUB
140    August 8, 2024        BNI Menyapa - BNI Expo 2024 Successfully Held, Tens of Thousands of Visitors Enjoyed the
                             Wondrful Journey
141    August 9, 2024        BNI Menyapa - The Existence of BNI Agen46 in the Digital Era
142                          BNI Menyapa - Support Your Dream Future with BNI




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         Practices           Governance          Responsibility       Commitment     Statements



    No            Date                                                     Subject E-mail
   143    12 Agutustus 2024       BNI Menyapa - PDP Series 2 Socialization Webinar - Data Privacy Awareness and Data Protection
   144                            BNI Menyapa - Winner of the 1 Month K-Store Challenge Program
   145    August 14, 2024         BNI Menyapa - Realizing an Anti-Corruption Culture through Instilling Integrity Values
   146    August 19, 2024         BNI Menyapa - BNI CorpU TV Knowledge Supplement: BNI PKB Signing Ceremony for 2024
   147                            BNI Menyapa - BNI and Mercubuana University Collaborate to Improve the Campus Financial
                                  Ecosystem
   148                            BNI Menyapa - BNI-UI Half Marathon 2024 is Back, Join the Excitement and Get Interesting
                                  Promos
   149    20 Agustrus 2024        BNI Menyapa - Commemorating National Housing Day 2024, BNI Supports Greening in IKN
   150                            BNI Menyapa - President Jokowi Visits BNI Digital Banking Cafe, Access to Banking Services is
                                  Easier and More Convenient in IKN
   151    21 Agutus 2024          BNI Menyapa - BNI Xpora Holds BNI Exporters Forum in Makassar, Encourages SMEs to Go
                                  Global
   152                            BNI Menyapa - Shopping for Anything Becomes Easier with 0% Installments on BNI Credit Cards
   153    August 28, 2024         BNI Menyapa - BNI Bazaar Fest Vol 3
   154    August 29, 2024         BNI Menyapa - Master Literacy, Increase Transaction Security
   155    30 Agutus 2024          BNI Menyapa - WDC Newsletter July Wrap up - Vol 7 Issue August
   156    2 September 2024        BNI Menyapa - Making Transactions More Exciting, Wondr by BNI Usage Increases 200%
   157                            BNI Menyapa - Establishing Cooperation, BNI Provides Banking Products and Services for
                                  Bappenas
   158    4 September 2024        BNI Menyapa - Enlivening National Customer Day "wondrful Customers, Make Your Wishes
                                  Happen"
   159                            BNI Menyapa - There is BNI's Support Behind the Indonesia Africa Forum (IAF), Optimizing
                                  Global Business Cooperation
   160    5 September 2024        BNI Menyapa - Order SR021, Safe Investment, Source of Passive Income
   161                            BNI Menyapa - BNI Introduces the New Look New Image Concept on National Customer Day
                                  2024
   162    6 September 2024        BNI Menyapa - BNI Inaugurates Representative Office in Sydney, Becoming the First Indonesian
                                  Bank in Australia
   163                            BNI Menyapa - Shopping for Anything Becomes Easier with 0% Installments on BNI Credit Cards
   164    12 September 2024       BNI Menyapa - BNI CorpU TV Knowledge Supplement: BNI Supports Gernas BBI/BBWI North
                                  Maluku to Go Global
   165                            BNI Menyapa - Order SR021, Safe Investment, Source of Passive Income
   166    15 September 2024       BNI Menyapa - Realizing an Inclusive Economy and Digitalization of MSME Financing Access,
                                  BNI Collaborates with Amartha
   167                            BNI Menyapa - Followed 10,000 Runners, BNI UI Half Marathon 2024 Successfully Held
   168    17 September 2024       BNI Menyapa - BNI Ventures Bridges Startups and Banking Through Match Arc Program
   169                            BNI Menyapa - BNI Penetrates List of 1,000 Best Companies in the World 2024, According to TIME
                                  and Statista
   170                            BNI Menyapa - Collaboration between BNI and IKA Trisakti, Expands Campus Financial
                                  Ecosystem Program
   171    19 September 2024       BNI Menyapa - Collaboration between BNI and IKA Trisakti, Expands Campus Financial
                                  Ecosystem Program
   172                            BNI Menyapa - BNI CorpU TV Knowledge Supplement: Maximizing Ecosystem "Exploring BNI
                                  Business Opportunities in the Health, Education and Area Management Sectors"
   173    20 September 2024       BNI Menyapa - Implementing Transparent Sustainability Reports, BNI Wins Republika ESG Award
                                  2024
   174                            BNI Menyapa - Maximizing Beauty with BNI
   175                            BNI Menyapa - SATURDAYS Discount Promo
   176                            BNI Menyapa - PDP Series 3 Socialization Webinar - Data Privacy Awareness and Data Protection
   177    23 September 2024       BNI Menyapa - BNI and AOP Collaborate, Indonesia Will Become the First Global Pop Idol Center
                                  in Southeast Asia
   178    24 September 2024       BNI Menyapa - BNI Named as the Most Trusted Bank in the World Most Trustworthy Companies
                                  2024 by Newsweek and Status ta for the Bank Category
   179    27 September 2024       BNI Menyapa - Supporting the Green Transition in the Energy Sector, BNI Holds BEST Event
   180    28 September 2024       BNI Menyapa - BNI Records 27% Asset Growth in 5 Years, Supported by Digital Transformation
                                  and Strategic Expansion




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                                                                                         PT Bank Negara Indonesia (Persero) Tbk
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Page 411
                                      Performa      Management     Company        Management Discussion and       Business Support
                                        2024          Report        Profile     Analysis on Company Performance      Functions



No            Date                                                    Subject E-mail
181    1 Oktober 2024        BNI Menyapa - BNI Investor Daily Summit 2024: Accelerating Indonesia's Economic Growth in
                             the Transition Period
182                          BNI Menyapa - BNI CorpU TV Knowledge Supplement: "SkillUp Program Socialization! (Learn
                             Soft Skills and Hard Skills) & BUMN Learning Festival Program”
183    2 Oktober 2024        BNI Menyapa - "Money Talks Power Lunch" Digitalization is Getting Faster, BNI is Optimistic that
                             Business Will Continue to Grow Positively
184    3 Oktober 2024        BNI Menyapa - Present Again #DiIndonesiaAja LPS Travel Fair 2024 (DIATF)
185                          BNI Menyapa - Supporting Inacraft on October Vol.3, BNI Encourages the Young Generation to
                             Become Entrepreneurs
186    4 Oktober 2024        BNI Menyapa - Race Talk Series: "Future Generation of Credit Retail Experience"
187    5 Oktober 2024        BNI Menyapa - BNI Spreads Interesting Promos at #DiIndonesiaAja LPS Travel Fair 2024
188    8 Oktober 2024        BNI Menyapa - Time to Invest for Mutual Prosperity
189    9 Oktober 2024        BNI Menyapa - BNI Investor Daily Summit 2024 BNI Encourages Business Competitiveness with
                             AI and Cloud-Based Digital Transformation
190                          BNI Menyapa - BNI Investor Daily Summit 2024: Optimism Amidst Various Global Challenges
191    10 Oktober 2024       BNI Menyapa - SkillUp Program! Learning Foreign Languages ​​"The Importance of Foreign
                             Language Proficiency in Enhancing Global Careers"
192                          BNI Menyapa - BNI Expands Business in Tourism and Health Sectors, Boosts Economic Growth
193    11 Oktober 2024       BNI Menyapa - Shopping for Anything Becomes Easier with 0.5% Installments on BNI Credit
                             Cards
194    17 Oktober 2024       BNI Menyapa - BNI CorpU TV Knowledge Supplement: Potential for Indonesian SME Exports to
                             the Land of Kangaroos, Australia with Atdag Canberra & Xpora”
195    18 Oktober 2024       BNI Menyapa - BNI and BPJS Kesehatan Expand Cooperation to Improve National Health
                             Services
196                          BNI Menyapa - BNI and Bluebird Strengthen Payment Digitalization with QRIS across Bluebird
                             Fleet
197    21 Oktober 2024       BNI Menyapa - BNI CorpU TV Knowledge Supplement: Accurate Execution of BNI Agent 46
                             Management
198                          BNI Menyapa - USS Wave-2 in 2024
199                          BNI menyapa - Easier, Company Guidelines Can Be Accessed Via Mobile Phones
200    23 Oktober 2024       BNI Menyapa - Click and Collect at Watsons ID Discount IDR 25K

201    25 Oktober 2024       BNI Menyapa - Shopping for Anything Becomes Easier with 0% Installments on BNI Credit Cards
202    29 Oktober 2024       BNI Menyapa - Digitalization Boosts Revenue Operational, BNI Profit Reaches IDR 16.3 Trillion in
                             Q3-2024
203                          BNI Menyapa - WDC Newsletter August & September Wrap up - Volume 8 Issue: October
204    30 Oktober 2024       BNI Menyapa - Exceeding Industry Average, BNI Mortgage Distribution Grows 13% in Q3-2024
205    1 November 2024       BNI Menyapa - BOD-2 Leaders Development Mission: Strategic People Leaders with Core Values ​​
                             AKHLAK
206                          BNI Menyapa - Compete for a Total Prize of US$2 Million, World Elite Golfers Enliven BNI
                             Indonesian Masters 2024
207    2 November 2024       BNI Menyapa - Exceeding Industry Average, BNI Mortgage Distribution Grows 13% in Q3-2024
208    4 November 2024       BNI Menyapa - USS Wave-2 in 2024
209                          BNI Menyapa - BNI CorpU TV Wellbeing Parenting Series Knowledge Supplement “The
                             Importance of Routines in Children's Lives”
210                          BNI Menyapa - USS Wave-2 2024
211    9 November 2024       BNI Menyapa - Improving Digital Literacy, BNI Invites UKSW Salatiga Students to Become a
                             Financially Smart Generation
212    10 November 2024      BNI Menyapa - BNI Digital Banking Cafe Present in Bali, Enjoy the Beauty of Mount Batur While
                             Making Transactions
213    12 November 2024      BNI Menyapa - Get Cash Rewards Up to 3.5 Million by Referring BNI MAPCLUB Credit Card
214                          BNI Menyapa - BNI CorpU TV Knowledge Supplement: "Potential for Indonesian SME Exports to
                             the Blue Dragon Country, Vietnam with Hanoi Trade Attaché & Xpora"
215    13 November 2024      BNI Menyapa - Shopping for Anything Becomes Easier with 0% Installments on BNI Credit Cards
216    14 November 2024       BNI Menyapa - BNI CULTURE FEST 2024
217                           BNI Menyapa - E-Book "Transform or Disappear" - Provisions for Hi-Movers Towards the Future!
218    15 November 2024       BNI Menyapa - Next Gen BNI Ecosystem: Optimizing Business Potential Through Digital
                              Ecosystem Solutions
219    18 November 2024       BNI Menyapa - Stress Management to Increase Productivity - Stress-Free Tips & Tricks at Work
220    19 November 2024       BNI Menyapa - BNI's Digitalization and Expansion Abroad Receive Praise from DPR Members



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         Practices           Governance          Responsibility       Commitment    Statements



    No            Date                                                     Subject E-mail
   221    20 November 2024        BNI Menyapa - Completing the Dukuh Atas-Sudirman TOD Ecosystem, BNI Inaugurates Naming
                                  Rights
   222                            BNI Menyapa - Completing the Dukuh Atas-Sudirman TOD Ecosystem, BNI Inaugurates Naming
                                  Rights "Stasiun Dukuh Atas BNI" LRT Jabodebek
   223                            BNI Menyapa - Supporting the World of Education, BNI Hands Over Teacher Training and
                                  Financial Literacy Certificates for Students
   224    21 November 2024        BNI Menyapa - Winning Best Employer Brand on LinkedIn Talent Awards Indonesia 2024, BNI
                                  Leads the Future of the World of Work
   225    22 November 2024        BNI Menyapa - Learning the Potential of QIOS46 Business (BNI Agen46 and Toko Mandiri
                                  Indogrosir)
   226                            BNI Menyapa - Strengthening Commitment as an Agent of Development, BNI Partners with
                                  Batumbu to Expand Financing Access for MSMEs
   227                            BNI Menyapa - Wins Gold Rank ASRRAT for 4 Consecutive Years, Proof of BNI's Commitment to
                                  Implementing Sustainable Finance
   228    25 November 2024        BNI Menyapa - BNI Optimizes Digital Services to Make it Easier for Manulife Customers to Pay
                                  Premiums
   229                            BNI Menyapa - "Learning the Potential of QIOS46 Business (BNI Agen46 and Toko Mandiri
                                  Indogrosir)"
   230                            BNI Menyapa - "Next Gen BNI Ecosystem: Optimizing Business Potential Through Digital
                                  Ecosystem Solutions"
   231    28 November 2024        BNI Menyapa - Consistently Improving the Quality of GCG Implementation, BNI Again Wins the
                                  Title of 'The Best Overall in Corporate Governance'
   232                            BNI Menyapa - BNI Wins the Title of "The Most Trusted Companies" at the 2024 Corporate
                                  Governance Perception Index Award
   233    29 November 2024        BNI Menyapa - Beginner Content Creator Class - Step by Step Introduction to Content Creation
   234                            BNI Menyapa - WDC October Wrap up Newsletter - Volume 9 Issue: November
   235    6 Desember 2024         BNI Menyapa - Recognized as a Global Bank, BNI Wins 2 International Prestigious Award from
                                  Corporate Treasurer
   236                            BNI Menyapa - Shopping for Anything Becomes Easier with 0% Installment of BNI Credit Card
   237    9 Desember 2024         BNI Menyapa - BNI Blocks 4,249 Accounts Indicated as Online Gambling
   238                            BNI Menyapa - BNI Mastercard World Comes with New Design and Features, Life is Healthier,
                                  Traveling is More Exciting
   239    10 Desember 2024        BNI Menyapa - BNI Becomes Main Partner for Upper Class Customers to Manage Wealth
   240    11 Desember 2024        BNI Menyapa - Through Diaspora Loan, BNI Helps Indonesian Diaspora in Hong Kong to Level
                                  Up
   241                            BNI Menyapa - BNI's Efforts to Support the Government to Achieve Net Zero Emissions 2060
   242    13 Desember 2024        BNI Menyapa - Becoming the Best Bank in Rupiah Money Market to Inclusive Financing, BNI
                                  Wins 5 Awards from Bank Indonesia
   243                            BNI Menyapa - Commitment to Implementing Good Corporate Governance
   244    18 Desember 2024        BNI Menyapa - BNI's Efforts to Support the Government to Achieve Net Zero Emissions 2060
   245    19 Desember 2024        BNI Menyapa - Announcement of JIBOR Transition Information Towards IndONIA
   246    19 Desember 2024        BNI Menyapa - Webinar "Equal Education in Work: People with Disabilities Become BNI Agen46"
   247    20 Desember 2024        BNI Menyapa - Supporting the Work of People with Disabilities, BNI Head Office Displays
                                  Paintings by 7 Young Visual Artists
   248    21 Desember 2024        BNI Menyapa - BNI Provides Explanation Regarding Sritex's Bankruptcy Status
   249    23 Desember 2024        BNI Menyapa - Consistently Implementing Information Transparency, BNI Wins Informative
                                  BUMN from the Central Information Commission
   250    23 Desember 2024        BNI Menyapa - Increasing Coffee Farmer Productivity, BNI Equatorial Coffee Exploration Present
                                  in Temanggung
   251    24 Desember 2024        BNI Menyapa - BNI Prepares IDR 19.74 T in Cash to Ensure Comfortable and Safe Transactions
                                  during Christmas and New Year
   252    27 Desember 2024        Supporting MSMEs Go Global, BNI Partners with PT Pos to Strengthen Logistics and Financing
                                  Ecosystem
   253    27 Desember 2024        BNI Menyapa - Webinar "Early Warning Systems: Detecting and Preventing Liquidity Risks"
   254    30 desember 2024        BNI Menyapa - Digital Transformation, DPLK BNI Presents with New Website
   255    30 Desember 2024        BNI Menyapa - Newsletter WDC November Wrap up - Volume 10 Issue: December




                                                                                                          2024 Annual Report
                                                                                        PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                 1013
Page 413
                                       Performa      Management       Company         Management Discussion and       Business Support
                                         2024          Report          Profile      Analysis on Company Performance      Functions



Meanwhile, BNI Menyapa through WhatsApp application was recorded to have been conducted 2 times
throughout 2024, with the following topics:
 No.         Date                                                           Topic
1       5 Juli 2024        BNI Loudfest 2024
                           To celebrate the 78th anniversary of BNI Leading a Wondrous Nation, as well as the launch of the new
                           banking app wondr by BNI, let's make social media more colorful by using twibbon simultaneously
                           on Friday, July 5, 2024 at 06.00 WIB.
                           Twibbon can be used by clicking the twibbon link, uploading the most interesting photo, downloading
                           the results, then directly uploading them to each BNI Hi-Movers' social media simultaneously on July
                           5, 2024 at 06.00 WIB. Make sure the Twibbon you created is posted on social media to enliven BNI's
                           78th Anniversary and the presence of wondr by BNI. Happy 78th Anniversary of BNI and welcome
                           wondr by BNI to the BNI Group family. Twibbon can be accessed below!
2.      August 2, 2024     BNI Expo 2024 - wondrful journey
                           BNI Hi-Movers, ready to make your wishes come true from A to Z at BNI Expo 2024!
                           BNI's 78th Anniversary Special, enjoy various attractive promos! Want to buy your dream car and
                           house, there's a special interest rate starting from 1.78% p.a. Need quick funds? You can get BNI Flexi
                           Collateral-Free Credit with interest starting from 7.8% p.a. Want a cheap vacation? Get flight tickets at
                           special prices for domestic and international routes starting from IDR 78 thousand and cashback up to
                           IDR 7.8 million and a bonus of 1,000 miles! Want to shop for this and that? It's definitely more exciting
                           with cashback up to IDR1.78 million. You can also enjoy special performances from Rizky Febian,
                           Lyodra, et al and get prizes worth hundreds of millions of rupiah! Save the date & place! August 2-4,
                           2024 ICE BSD City, Hall 1-3A Free Entry Download wondr by BNI and make your wishes come true.
                           Info: bit.ly/PROMO-BNIEXPO2024 Come to BNI Expo 2024 and enjoy various wonderful experiences!



E-SINERGI 46

In building effective internal communication and to foster a sense of pride as part of the BNI family, the Bank
provides an internal communication platform in the form of the E-Sinergi 46 application which can only be
accessed by BNI Hi-Movers personnel in the form of mobile apps and web-based, which can be downloaded
on the Google Play Store and App Store. This application presents content in various formats, including text,
photos, and videos, thus providing variation in the delivery of information.

To be able to attract more downloaders on the e-sinergi46 Application, BNI continues to innovate in presenting
interesting content, including by presenting a gamification program that offers reward points. With the
implementation of this program, every activity carried out through the application will generate points that
can be exchanged for various useful purposes, such as purchasing credit, data packages, vouchers, paying
PLN bills, and top ups for Link Aja, GoPay, and OVO. In addition, the E-Sinergi 46 manager also provides
incentives to employees who contribute to sending news from each work unit. In this way, E-Sinergi 46
not only functions as a means of sharing information, but also encourages employees to be more active in
participating, creating a community that is interconnected and shares knowledge.

Throughout 2024, E-Sinergi 46 has recorded 434 news items, namely:

                                                                                                                      Number of
 No.           Date                                                Headline                                           Accesses/
                                                                                                                      Downloads
    1   January 1, 2024       Happy New Year 2024                                                                         73
    2   January 2, 2024       BNI Optimistic Transaction Business Performance Will Be Even More Brilliant in              50
                              2024
    3                         BNI President Director Ready to Continue Positive Achievements in 2024                      55
    4   January 3, 2024       SAMSUNG Galaxy Unpacked Get Interesting Offers with BNI Cards                               70
    5   January 4, 2024       Increase UMKM Go Global, BNI Berbagi Provides Halal Certification Assistance                65
                              and On Boarding Training for 422 Culinary UMKM
    6   January 5, 2024       BNI Berbagi, Distributes Emergency Response Assistance for the Lewetobi                     45
                              Volcanic Eruption in Flores
    7                         Optimistic in Welcoming 2024, BNI Plans to Open 2 New Overseas Offices                      66
    8   January 6, 2024       Watch Out! Scams of Prize Draw Programs in the Name of BNI Are Rampant                      78
    9   January 8, 2024       Welcoming 2024, Listen to the Message from the President Director of BNI                    89
 10     January 9, 2024       Forging Friendship, BNI HI-Movers Gets Friendly with Directors and Retired                  99
                              Personnel
 11     January 10, 2024      Power Lunch Money Talks: Opening Up About Today's Banking Style                             114



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         Practices           Governance          Responsibility       Commitment     Statements



                                                                                                                        Number of
    No.           Date                                                Headline                                          Accesses/
                                                                                                                        Downloads
    12    January 11, 2024        BNI AM Presents Innovation of Sharia Mutual Fund Products in BNI Mobile                   123
                                  Banking
    13    January 12, 2024        Ignoring the Balance in Your Account Can End in Goodbye                                    76
    14    January 13, 2024        Fake Job Applications End in Sorrow                                                        87
    15    January 14, 2024        Providing a Different Experience, BNI Inaugurates UI Depok Branch Office                   98
    16    January 17, 2024        99% of Transactions Accommodated Digitally, BNI Transforms Office Network                  91
    17    January 19, 2024        Recording 7.5 Times Sales Growth in 2023, BNI Finance is Optimistic to Face                45
                                  2024
    18    January 22, 2024        Increasing Financial Literacy, BNI and OJK Invite Students to Get to Know the              88
                                  SiMuda Program
    19                            Christmas with the Ministry of SOEs, the Spirit of Peace for Us to Continue to             57
                                  Rise & Progress with SOEs
    20    January 24, 2024        Watch Out! Fake Draw Using BNI Name Targets Social Media Users                             82
    21                            First Day of Indonesian Master 2024, Indonesia Reaps Victory                               86
    22    January 25, 2024        BNI CorpU TV Knowledge Supplement: Leadership Development and                              77
                                  Organizational Resilience in the Transforming Industry
    23    January 26, 2024        Three Years of Transformation, BNI Produces Solid and Quality ROE                          74
    24    January 30, 2024        Men's Doubles Win, BNI Appreciates the Achievements of Indonesian                          21
                                  Badminton Athletes at the 2024 Indonesia Masters
    25                            Enjoy the Convenience of BI-Fast Interbank Transfers with BNI Mobile & SMS                 99
                                  Banking
    26                            BNI CorpU TV Knowledge Supplement: Leaders Talk Series "Agile & Digital                   120
                                  Mindset Experience - Transforming Market & Fostering Collaboration"
    27    January 31, 2024        BNI CorpU TV Knowledge Supplement: BNI Xpora Series Webinar "Let's Find                   144
                                  Out How MSME Products Can Nail the Class & Go Global with BNI Xpora"
    28                            Implementing CSR Programs, BNI and the DKI Jakarta Provincial Government                  250
                                  Inaugurate Swadharma Shop for Tata PKL
    29                                                                                                                      114
    30    February 1, 2024        Inauguration of the Dharma Wanita Persatuan Office in the Ministry of SOEs                 98
                                  Building Area
    31                            Boosting the Local Product Market, BNI Provides Vending Machines for                       91
                                  Fostered MSMEs
    32    February 2, 2024        Indonesia Incorporated Day: BNI is Committed to Continuing to Encourage                    45
                                  Potential Diaspora
    33    February 5, 2024        With the Spirit of Joy To The World Balikpapan Branch Celebrates Christmas                 88
    34    February 7, 2024        Grassroot Football Day Bhayangkara Presisi with BNI                                        57
    35                            Creating Digital Transaction Solutions, BNI Wins Alpha Southeast Asia Best                 82
                                  Awards 2023
    36    February 9, 2024        Creating Digital Transaction Solutions, BNI Wins Alpha Southeast Asia Best                 86
                                  Awards 2023
    37                            Improving Teacher Competence, BNI Shares Teacher Certification                             77
    38                            Happy National Press Day 2024                                                              98
    39    February 11, 2024       Radja Nainggolan Enjoys Investment & Travel Convenience Through BNI                        91
                                  Emerald
    40    February 13, 2024       3 Years of BNI Transformation Produce Solid and Quality ROE                                45
    41    February 15, 2024       BNIdirect Webinar: Selling With Confidence: Unraveling the Secrets of BNIdirect            88
    42    February 19, 2024       Appreciating Loyal Customers, BNI Holds Chinese New Year Customer                          57
                                  Gathering 2024
    43    February 20, 2024       Creating a High-Achieving Young Generation, BNI Supports the BUMN Next-                    82
                                  Gen 2024 Program
    44                            Realization of Collection & Distribution for the Period January to December                86
                                  2023
    45                            BNI FOLK Campaign                                                                          90
    46                            Welcoming the 25th Anniversary of the BNI Workers Union, Holds Fun Football                67
                                  - Friendly Match with HIMBARA
    47     February 21, 2024      BNI CorpU TV Knowledge Supplement: Bandung Institute of Technology Public                  76
                                  Lecture "Becoming an Entrepreneur"
    48                            Carrying the Green Building Concept, BNI Builds an Office Building in the PIK 2            46
                                  Area

                                                                                                           2024 Annual Report
                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                  1015
Page 415
                                      Performa      Management      Company        Management Discussion and       Business Support
                                        2024          Report         Profile     Analysis on Company Performance      Functions



                                                                                                                   Number of
No.           Date                                               Headline                                          Accesses/
                                                                                                                   Downloads
49     February 22, 2024     ITB Studium Generale, BNI President Director Encourages the Young                         77
                             Generation to Become Entrepreneurs
50     February 24, 2024     Financial Planning Education for Hongkong's Diaspora                                      89
51     February 25, 2024     Supporting Hong Kong Diaspora Business, BNI Funds Kampung Kita                            80
52                           BNI and Posind Collaborate in Distributing Non-Payroll Consumer Credit                    76
                             Facilities
53     February 26, 2024     Traveloka Travel Fair Event (26 Feb - 3 Mar 2024)                                         88
54                           OTW Gledek tiket.com Promo (26 Feb - 6 Mar 2024                                           98
55                           BNI CorpU TV Knowledge Supplement "Smart People, Choose Tapenas: The                      81
                             Right Strategy for Saving and Buying Insurance for the Future"
56                           BNI Carrying the Green Building Concept, Builds an Office Building in the PIK 2           59
                             Area
57     February 27, 2024     BNI CorpU TV Knowledge Supplement: BNI Xpora Series Webinar "Letter of                    90
                             Credit: The Key to Successful Export Transactions"
58                           BNI x INACRAFT 2024                                                                       67
59     February 28, 2024     BNI Presents Hometown Feel for Indonesian Diaspora in Hong Kong                           76
60                           Supporting Inacraft 2024, BNI Encourages MSMEs to Go Global                               46
61                           Happy Galungan Day 2024                                                                   77
62     February 29, 2024     Wholesale Division Channel Newsletter Vol. 1                                              89
63                           BNI Wins Three ESG Awards                                                                 114
64     March 2, 2024         BNI Group Synergy Realizes the Spirit of MSMEs From Zero and Hero                         98
65     March 4, 2024         Distributing 50% Dividends, BNI is Optimistic that Performance Will Be More               91
                             Positive in 2024
66     March 5, 2024         Appreciation of Performance Achievements in 2023                                          45
67                           Buy 1 Get 2 Promo BNI JJF 2024                                                            88
68     March 6, 2024         BNI CorpU TV Knowledge Supplement: Leaders Talk Series: Fostering a Global                57
                             Mindset Toward Future Business Ecosystem
69                           BNI Exporters Forum Supports MSMEs to Penetrate the Global Market                         82
70     March 7, 2024         BNI CorpU TV Knowledge Supplement: Launching the National Transaction                     86
                             Champion Program 2024
71                           BNI Strengthens Commitment to Increasing Financial Literacy and Inclusion                 77
                             through Various Programs
72                           Supporting MSME Growth, BNI Fostered MSMEs Present at Dhawafest 2024                      98
73     March 8, 2024         BNI Wins Two Corporate Communication Awards at BCOMSS 2024                                91
74     March 11, 2024        Welcoming Ramadan, BNI Prepares Various Interesting Promos for Customers                  45
75                           Happy Nyepi Day 2024                                                                      88
76     March 13, 2024        Inaugurated by Erick Thohir, BNI Provides KUR and CSR to MSMEs in the                     57
                             Lambuang Bukittinggi Station Area
77     March 14, 2024        Shopping Anything Becomes Easier With 0% Installments on BNI Credit Cards                 82
78                           BNI CorpU TV Knowledge Supplement: Global Mindset Series 1 "Introduction to               86
                             Global Culture and Its Impact on Business
79     March 15, 2024        BNI Movie Day 2024: A Moment of Togetherness for Loyal Merchants                          90
80     March 17, 2024        Three Indonesian Representatives Reach the Finals of All England 2024, BNI                67
                             Supports the Struggle of Athletes to Make History
81     March 18, 2024        BNI and the Indonesian Embassy in Seoul Socialize Financial Solutions for the             76
                             Indonesian Diaspora in South Korea
82                           SR020 Investment in BNI Mobile Banking                                                    46
83                           BNI x UNIQLO Ramadan Campaign 2024                                                        77
84     March 21, 2024        Ramadan Spiritual Lecture "Ramadan Strengthens Social Harmony"                            114
85     March 25, 2024        Ramadan's Excitement, BNI and UNAIR Collaborate to Distribute 1,000 Food                  98
                             Packages
86                           BNI and ITS Surabaya Collaborate to Intensify the BNI Campus Financial                    91
                             Ecosystem Program
87                           K-Store Challenge Program 2024                                                            45
88                           Ramadan Safari 2024, BNI Shares 78,000 Food Packages and Assistance                       88
89                           Supporting Green Financing, BNI Funds Medco Group's Solar Power Plant                     57
                             Project



1016    Transforming the Future, Empowering Indonesia
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Capital & Risk Management   Good Corporate   Social & Environmental      ESG           Financial
         Practices           Governance          Responsibility       Commitment      Statements



                                                                                                                         Number of
    No.           Date                                                Headline                                           Accesses/
                                                                                                                         Downloads
    90    March 26, 2024          BNI CorpU TV Knowledge Supplement: Anti Fraud Awareness "Social                             82
                                  Engineering Definition, Types and Prevention Methods"
    91                            BUMN Ramadan Safari 2024 Held, Providing Cheap Basic Necessities to Free                    86
                                  Homecoming
    92                            Encouraging the Development of Startups and Digital Ecosystems, BNI                         77
                                  Ventures Injects Funds into Rukita
    93    March 27, 2024          BNI CorpU TV Knowledge Supplement: Digital Trend and Series #1 "Ready For                   98
                                  The Future Digital AI for Business Growth"
    94                            Realizing Collaboration, SP BNI Celebrates 25th Anniversary and Holds                       91
                                  Inauguration of Roemah Aspirasi
    95    March 30, 2024          BNI CorpU TV Knowledge Supplement: Ramadan Spiritual Lecture "Heart                         45
                                  Aches, Knock on the Door of Heaven"
    96    March 31, 2024          Wonderful Ramadan, BNI Shares Happiness on the Night of Nuzulul Quran                       88
    97                            Maximize Credit Absorption, BNI Continues to Serve KUR and BWU during                       57
                                  Easter Holidays
    98                            BNI CorpU TV Knowledge Supplement: Ramadan Spiritual Lecture "Harmony                       91
                                  and Tolerance in the Holy Month"
    99    April 1, 2024           Watch "Money Talks Power Lunch" Success Story of Global Bond Issuance &                     45
                                  BNI Transformation to Face Challenges in 2024
   100    April 2, 2024           BNI Wins 18 Awards at the 13th Infobank-Isentia Digital Brand Recognition 2024              88
   101    April 4, 2024           BNI Global Bond Oversubscribed 6.4 Times, Proof of Investor Trust                           57
   102                            Fun Homecoming with BUMN, BNI Sends 4,200 Travelers Home                                    82
   103                            Commitment to Implementing Good Corporate Governance                                        86
   104                            BNI Xpora Brings Indonesian Coffee MSMEs to the 2024 Amsterdam Coffee                       90
                                  Festival
   105    April 6, 2024           Sharing Kindness in the Blessed Month, BNI Holds Employee Volunteering to                   67
                                  Clean and Help Mosque Infrastructure
   106    April 7, 2024           Worry-Free Eid Homecoming with BNI Cash Withdrawal Services                                 76
   107                            BNI Ensures Services Ready to Welcome Eid al-Fitr 2024                                      46
   108                            Welcome Wonderful Lebaran, This is BNI's Promo                                              77
   109                            BNI Shares Happiness in the Month of Ramadan Starting from Providing Basic                  89
                                  Necessities, Assistance, to Free Homecoming
   110    April 10, 2024          Happy Eid al-Fitr 1445 H                                                                    80
   111                            Make it Easier to Share THR, BNI Mobile Banking Presents the DiKado Feature                 76
   112    April 14, 2024          BNI Helps Specialty Coffee, a Product of Xpora's Fostered MSMEs, Penetrate                  88
                                  the American Market
   113    April 15, 2024          BNI Shares Tips for Safe Digital Transactions at Tourist Attractions During the             98
                                  Eid Holidays
   114    April 17, 2024          BNI CorpU TV Knowledge Supplement: Digital Trend and Skill Series #2                        81
                                  "Building Digital Bridges Integrating Technology in Modern Services"
   115    April 18, 2024          BNI Supports MSMEs to Penetrate the Singapore Market at the Indonesia in SG                 59
                                  Exhibition
   116    April 20, 2024          Indonesia Wins All England and BAC, BNI Appreciates and Supports the                        90
                                  Thomas & Uber Cup Teams
   117    April 21, 2024          WDC March Wrapped Newsletter-Vol 3 Issue April 2024                                         91
   118    April 22, 2024          Commemorating Kartini Day with Indonesian Female Badminton Athletes                         45
   119                            BNI CorpU TV Knowledge Supplement: Global Mindset Series #2 Building                        88
                                  Collaborative Teams and Customer/Client Relationships
   120    April 23, 2024          BNI CorpU TV Knowledge Supplement: Global Mindset Series #2 Building                        57
                                  Collaborative Teams and Customer/Client Relationships
   121                            Appreciation for All England & BAC Champions                                                82
   122    April 24, 2024          BNI and Telkomsel Strengthen Synergy Through Reciprocal Cooperation for                     86
                                  Employees
   123    April 25, 2024          BNI and UNDIP Synergize, Strengthen Campus Financial Ecosystem                              90
   124                            Realization of Collection & Distribution for the Period January to March 2024               67
   125    April 26, 2024          Support Indonesian Team to Compete in Thomas and Uber Cup 2024                              76
   126    April 28, 2024          Good Luck in Thomas & Uber Cup 2024                                                         46




                                                                                                            2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                   1017
Page 417
                                      Performa      Management     Company        Management Discussion and       Business Support
                                        2024          Report        Profile     Analysis on Company Performance      Functions



                                                                                                                  Number of
No.           Date                                               Headline                                         Accesses/
                                                                                                                  Downloads
127    April 29, 2024        BNI CorpU Tv Knowledge Supplement: Global Expansion "Effective Delivery                  77
                             Strategy for MSMEs"
128                          Investment for a Prosperous Future with ST012                                            89
129                          Printing Credit Growth Amidst Global Dynamics, MSME and Consumer                         80
                             Segments Become BNI's New Growth Engines
130    May 1, 2024           Supporting Green Energy Transition, BNI Funds Sidrap PLTB Acquisition by                 76
                             Barito Group
131                          Happy Labor Day 2024                                                                     88
132    May 2, 2024           Happy National Education Day                                                             98
133                          BNI Provides Financing Solutions for Business Actors through Supply Chain                81
                             Financing
134    May 4, 2024           BNI Fully Supports Aldila in Achieving Her Dream of Becoming a Grand Slam                59
                             Champion
135                          Congratulations Indonesia, Thomas and Uber Goes to the Final                             90
136    May 5, 2024           Synergy between BNI and UNUD, Providing Multifunction Student Cards                      88
                             DENPASAR - PT Bank Negara Indonesia (Persero) Tb
137    May 6, 2024           BNI Java Jazz on The Move Special Edition is Back! Natasya Elvira to Fariz RM            57
                             and Candra Darusman Ready to Enliven the Event
138    May 7, 2024           Thank You Uber Team for Their Struggle to Achieve Runner Up                              82

139    May 13, 2024          BNI CorpU TV Knowledge Supplement: Mastering Territorial Management in                   86
                             Retail Business "Strategic and Insights From Industry Experts'"
140    May 14, 2024          BNI Welcomes Thomas and Uber Indonesia Teams Home to Indonesia                           90

141    May 18, 2024          BNI Strengthens Synergy with the Indonesian Army Through the Provision of                67
                             Banking Services
142    May 19, 2024          Consistently Supporting SMMPTN-Barat 2024, BNI Collaborates with 25 PTN                  76
143    May 20, 2024          BNI Amsterdam Further Optimizes BNI Business in Europe                                   46
144    May 21, 2024          BNI Wins Two Marketeers Youth Choice Awards 2024                                         77
145    May 22, 2024          Webinar series UU PDP - Data Privacy and Data Protection Awareness                       89
146                          WDC Newsletter April Wrap up - Vol 4 Issue May                                           80
147                          Supporting Startup Development, BNI Ventures Injects Funds into Fishlog                  76
148    May 23, 2024          Held in Bali, BNI Fully Supports the World Water Forum 2024                              88
149                          Anti-Fraud Awareness Webinar - Avoid Online Gambling and Illegal Online                  98
                             Loans
150                          BNI Strengthens Synergy with the IKN Authority, Provides Integrated Banking              81
                             Services
151    May 24, 2024          BNI Supports BUMN Bakti Volunteers to Samboja and IKN, Rehabilitate                      59
                             Orangutans and Mangroves
152                          Music Experiences, BNI Java Jazz Festival 2024 Held for 3 Days in Kemayoran              88
153                          BNI Spreads Interesting Promos at BNI Java Jazz Festival 2024                            57
154                          BNI Java Jazz Festival 2024 Will Be Held Soon, Note the Best Route to the                82
                             Location
155    May 25, 2024          Here's the Line Up for BNI Java Jazz Festival 2024, Which is Your Favorite?              86
156                          Plastic Waste Can Be a Prize? Come on, Exchange it at the BNI Java Jazz                  90
                             Festival 2024 Recycle Vending Machine! BNI Java Jazz Festival 2024, More Than
                             Just Music, Experience the Wondrful Experience
157                          BNI Mobile Banking Users Are Spoiled with Various Interesting Promos at the              67
                             BNI Java Jazz Festival 2024
158                          BNI Java Jazz Festival 2024, A Stage Full of Stars on the Second Day                     76
159    May 26, 2024          Wondrful Day 1 BNI Java Jazz Festival 2024                                               46
160                          BNI Agen46 Present at the Wondrous Booth BNI Java Jazz Festival 2024, Join               77
                             the Excitement of the Games
161                          Erwin Gutawa, Ruth Sahanaya, and Incognito Amaze the Audience on the First               89
                             Day of the BNI Java Jazz Festival 2024




1018    Transforming the Future, Empowering Indonesia
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Capital & Risk Management   Good Corporate   Social & Environmental      ESG           Financial
         Practices           Governance          Responsibility       Commitment      Statements



                                                                                                                         Number of
    No.           Date                                                Headline                                           Accesses/
                                                                                                                         Downloads
   162    May 27, 2024            Snoh Aalegra, Tompi, and Andien Enliven the Peak of the BNI Java Jazz Festival              80
                                  2024
   163                            Wondrful Day 2 BNI Java Jazz Festival 2024                                                  76
   164                            Supporting Startup Development, BNI Ventures Injects Funds into Fishlog                     88
   165    May 28, 2024            Uniting Across Generations, Ministry of SOEs Appreciates BNI JJF 2024                       98
   166                            BNI and UNY Establish Synergy to Strengthen Campus Financial Ecosystem                      81
   167                            Digitalization Era: Disruption or Opportunity for Transformation?                           59
   168    May 29, 2024            BNI CorpU Tv Knowledge Supplement: BNI Xpora Series Webinar "Stepping                       88
                                  into the International Market with Xpora
   169                            Positive Performance in Q1 2024, BNI Finance is Optimistic That Growth Will                 57
                                  Continue Until the End of the Year
   170                            BNI CorpU TV Knowledge Supplement: Agen46 Sales Model and Increasing the                    82
                                  Capability of Agen46 Sales (AGS)
   171    May 31, 2024            BNI Java Jazz Festival 2024 Momentum to Drive BNI Digital Transactions                      86
   172                            BNI Holds BNI Exporters Forum in Bandung, Encourages SMEs to Penetrate the                  90
                                  Global Market
   173    June 3, 2024            BNI Invites Emerald Customers to Get to Know Environmentally Friendly                       67
                                  Vehicles Closer
   174    June 4, 2024            Shopping for Anything Becomes Easier with 0% Installments on BNI Credit                     76
                                  Cards
   175    June 5, 2024            BNI Finance Director Wins "The Most Inspiring Woman Leader" Award from                      46
                                  CNBC Indonesia
   176                            Power Lunch Money Talks: Opening Up Expansion Challenges in the Era of High                 77
                                  Interest Rates
   177    June 6, 2024            Let's Use BNI's 78th Anniversary Logo                                                       89
   178    June 7, 2024            BNI Becomes a Catalyst for UMKM Through Collaboration with Pupuk                            80
                                  Indonesia Holding Company
   179    June 8, 2024            BNI is Ready to Spread Attractive Promos at the Jakarta Great Sale Festival                 76
                                  2024
   180    June 9, 2024            BNI and Emirates Hold Travel Fair for the Third Time, Offering Special Tickets              88
                                  and Promos
   181    June 10, 2024           Implementing Social Responsibility, BNI Delivers Batch V BUMN Bakti                         98
                                  Volunteers to Samboja and IKN
   182    June 11, 2024           Implementing Social Responsibility, BNI Delivers Batch V BUMN Bakti                         81
                                  Volunteers to Samboja and IKN
   183                            RACE Talk Series: Creating Impactful Innovation through Culture Transformation              59
   184    June 12, 2024           BNI Xpora Sends 12 Food and Beverage SMEs to Indonesia in Korea - SFH 2024                  67
   185                            BNI Awards Performance Excellence Award (PEXA) 2024                                         76
   186    June 13, 2024           Governance, Risk & Compliance (GRC) Series #1: "Risk Mitigation through                     46
                                  Cyber ​​Security Strategy"
   187    June 14, 2024           Agen46 Webinar Series 2: Strong Features, Increased Profits                                 77
   188                            BNI and Mastercard Introduce BNI Titanium Credit Card for Millennials and Gen               89
                                  Z
   189    June 15, 2024           BNI Opens Limited Services on Eid al-Adha 1445 H                                            80
   190    June 18, 2024           Strengthening Financial Literacy and Inclusion, BNI Educates the Community                  76
                                  on Waste Management
   191    June 20, 2024           78th Anniversary, BNI Holds Empathy Drop Box Program Again                                  88
   192                            BNI CorpU TV Supplement: Healthy Talk Series "Early Detection of Pinched                    98
                                  Nerve Risk and Handling with Termini Technology"
   193    June 21, 2024           BNI CorpU TV Knowledge Supplement: FIT Series Podcast "Frontline Revolution                 81
                                  & Inspiring Talk (FIT) - Session 1 Area Head
   194    June 24, 2024           BNI CorpU TV Knowledge Supplement: The Challenges in Trade Finance and FI                   59
                                  Business Landscape
   195    June 25, 2024           BNI CorpU TV Knowledge Supplement: The Challenges in Trade Finance and FI                   88
                                  Business Landscape
   196    June 26, 2024           BNI x Mommy & Me 2024                                                                       57
   197    June 27, 2024           BNI CorpU TV Knowledge Supplement: Podcast Series "Frontline Revolution &                   82
                                  Inspiring Talk (FIT) Session 1-2 Area Head
   198                            BNI Business Innovation Award (Binnova) Is Back                                             86

                                                                                                            2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
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Page 419
                                      Performa      Management     Company       Management Discussion and       Business Support
                                        2024          Report        Profile    Analysis on Company Performance      Functions



                                                                                                                 Number of
No.           Date                                               Headline                                        Accesses/
                                                                                                                 Downloads
199    June 28, 2024         BNI CorpU TV Knowledge Supplement : Feedback in Digital Era "strategies for             90
                             Growth & Success in a Tech Driven World"
200                          BNI CorpU TV Knowledge Supplement: Podcast Fit Series "FronlineRevolution               67
                             & Inspiring Talk (FIT) Session 1-3 Area Head
201    June 29, 2024         BNI CorpU TV Knowledge Supplement: BNI Xpora Series Webinar "Potential for              76
                             Indonesian SME Exports to the Land of Windmills, the Netherlands with Xpora"
202                          "Wisely Manage Finances and Investments Through Financial Education and                 46
                             Public Information Disclosure"
203    June 30, 2024         BNI Launches Special TapCash Card for Blackpink the Game to Celebrate 78th              77
                             Anniversary
204                          BNI Accelerates Diaspora-Owned Businesses in Japan                                      89
205                          Holding Financial Education and Information Disclosure, BNI Introduces                  80
                             DigiRemit Application in Japan
206    July 2, 2024          BNI CorpU TV Knowledge Supplement: Business Ethic Series #1: "Ensuring                  76
                             Compliance: Social Media in Regulated Industries"
207                          BNI Collaborates with Cloudera to Accelerate Transformation through                     88
                             Generative AI Implementation
208                          BNI Presents Massive Promos and Discounts for 78th Anniversary                          98
209                          Wondrful Celebration for 78th BNI                                                       81
210    3 July 2024           BEE BNI Employee Excellence Award                                                       59
211    4 July 2024           Providing the Best Service, BNI Wins 13 Infobank Banking Service Excellence             88
                             Awards 2024
212                          Celebration of the 78th Anniversary of PT Bank Negara Indonesia (Persero) Tbk           57
213    July 5, 2024          Launching & Presscon wondr by BNI                                                       82
214    July 6, 2024          BNI Launches wondr by BNI, Supports Indonesian People to Realize Financial              86
                             Dreams
215    July 8, 2024          78th Anniversary, BNI Holds wondrPARADE to Enliven CFD Jakarta                          90
216                          78th Anniversary, BNI Holds wondrPARADE to Enliven CFD Jakarta                          98
217    July 10, 2024         BNI Inaugurates Integrated Service Unit at ITB, Strengthens Campus Financial            81
                             Ecosystem
218    July 12, 2024         BNI CorpU Tv Knowledge Supplement: BNI x SIG Webinar                                    59
219    July 15, 2024         BNI Ventures Launches BNV Arcade to Strengthen Startup Ecosystem                        67
220    July 16, 2024         BNI CorpU TV Knowledge Supplement: Governance, Risk & Compliance (GRC)                  76
                             Series #2
221    July 17, 2024         BNI CorpU TV Knowledge Supplement: Empowering Wholesale Transaction                     46
                             "Mastering Program Jawara Transaksi & BNIdirect On Boarding Process"
222    July 19, 2024         BNI CorpU TV Knowledge Supplement: Loans Are Getting Easier and More                    77
                             Profitable with BNI Agen 46
223                          BNI Xpora Wins SME Enabler of the Year 2024 Award from Marketeers                       89
                             Magazine
224                          BNI's 78th Anniversary Presents BNI Expo 2024                                           80
225                          BNI Celebrates 78th Anniversary by Launching wondr by BNI and Holding BNI               76
                             Expo 2024
226    July 22, 2024         BNI Reappointed as RDN Administrator and Payment Bank                                   88
227                          Xpora Series Webinar 2024: "Opportunities & Challenges for Exporting                    98
                             Indonesian SME Commodities to East Asian Countries with the Indonesian
                             Ministry of Foreign Affairs & Xpora
228    July 23, 2024         Developing the Campus Financial Ecosystem, BNI and Telkom University                    81
                             Collaborate to Create Integrated Payments
229                          BNI CorpU TV Knowledge Supplement: Forming an Export-Oriented Coffee                    59
                             Ecosystem
230    July 24, 2024         BNI and DJP Hold "Spectaxcular 2024" Tax Campaign, Calling for Strong Taxes,            88
                             Healthy APBN
231                          Indonesian Migrant Workers Earn Bachelor's Degrees, BNI Hong Kong Gives                 57
                             Appreciation




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         Practices           Governance          Responsibility       Commitment      Statements



                                                                                                                         Number of
    No.           Date                                                Headline                                           Accesses/
                                                                                                                         Downloads
   232    July 25, 2024           Kapolri Cup 2024 by BNI Celebrates the 78th Anniversary of Bhayangkara                      82
   233                            Pamper Generation Z and Millennial Customers, BNI Holds Emerald Private                     86
                                  Golf Clinic Gen 2.0
   234                            BNI CorpU TV Knowledge Supplement: BNI MMSGI Loyalty Payroll                                90
   235                            BNI Finance Records Financing of IDR 2.89 Trillion in Semester I-2024, Soaring              67
                                  216%
   236    July 26, 2024           Closing Semester I Well, BNI Finance Appoints New Commissioner at the AGM                   98
   237                            Handover of Position, Congratulations to the New Srikandi BNI Chairperson                   81
   238                            BNI and Indosat Establish Cooperation, Provide Financial Services and                       59
                                  Information Technology
   239    30 July 2024            Visit BNI EXPO 2024, Find Out How to Own a House, Vehicle and Dream Picnic                  67
                                  Easily and Attractively
   240    July 31, 2024           BNI Ciputra Golfpreneur Tournament 2024, Encourage Indonesian Golf Athletes                 76
                                  to World Level
   241    August 1, 2024          Kapolri Cup 2024 Successfully Held, BNI Appreciates Polri                                   46
   242                            Realization of Collection & Distribution for the Period January to June 2024                77
   243    August 2, 2024          Opening Today in BSD, BNI Expo 2024 Offers Interesting Promos and Enjoy                     89
                                  Wondrful Journey
   244    August 3, 2024          BNI Launches Co-Branding Credit Card with MAPCLUB                                           80
   245                            BNI Securities Ready to Pamper Customers with Exclusive Promotions at BNI                   76
                                  Expo 2024
   246                            BNI Expo 2024 Becomes an Event for Business Matching between MSMEs and                      88
                                  International Buyers
   247    August 4, 2024          Enlivening BNI Expo 2024, BNI Asset Management Invites the Public to Learn to               98
                                  Manage Finances
   248    August 6, 2024          Enlivening BNI's 78th Anniversary, Thousands of Runners Join BNI Miles Tune                 81
                                  5K
   249    August 7, 2024          BNI Expo 2024 Successfully Held, Tens of Thousands of Visitors Enjoy Wondrful               59
                                  Journey
   250                            BNI CorpU TV Knowledge Supplement: Business Ethic Series #2 "Strengthening                  88
                                  Organizations Through Prevention and Management of Conflicts of Interest"
   251    August 8, 2024          BNI CorpU TV Knowledge Supplement: BNI Xpora Series Webinar "Potential                      57
                                  for Indonesian SME Exports to Neighboring Countries, Malaysia with Kuala
                                  Lumpur Trade Atdag & Xpora"
   252                            Penetrating the American Market, BNI Xpora Brings Fostered SMEs to the 2024                 82
                                  Shoppe Object NYC Exhibition
   253    August 9, 2024          The Existence of BNI Agen46 in the Digital Era                                              86
   254                            Support Your Dream Future with BNI                                                          90
   255                            Mandatory webinar for BSM, SBM, Frontliners, PUT Supervisors and Money                      67
                                  Management in Regions/Branches
   256    August 13, 2024         President Jokowi Visits BNI Digital Banking Cafe, Access to Banking Services is             89
                                  Easier and More Convenient in IKN
   257    August 14, 2024         Realizing an Anti-Corruption Culture through Instilling Integrity Values                    80
   258                            BNI Holds Compliance Forum with KPK, Enhances Anti-Corruption Culture                       76
   259                            Refreshment New Sales Model Revolution Strategy Performance Excellence                      88
                                  (RETRACE)
   260    August 17, 2024         Go Global, BNI Xpora Sends 5 SMEs to HKTDC Food Expo 2024 in Hong Kong                      98
   261                            BNI-UI Half Marathon 2024 Returns Held, Join the Fun and Get Interesting                    81
                                  Promos
   262                            President Jokowi Visits BNI Digital Banking Cafe, Access to Banking Services is             59
                                  Easier and More Convenient in IKN
   263    August 18, 2024         BNI Xpora Holds BNI Exporters Forum in Makassar, Encourages SMEs to Go                      88
                                  Global
   264                            BNI and OJK Educate IKN Construction Workers about the Dangers of Online                    57
                                  Gambling
   265                            BNI and Mercubuana University Collaborate to Improve Campus Financial                       82
                                  Ecosystem
   266    August 19, 2024         BNI CorpU TV Knowledge Supplement: BNI PKB Signing Ceremony for 2024                        86
   267    August 20, 2024         Shopping for Anything is Easier with 0% Installments on BNI Credit Cards                    90


                                                                                                            2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                   1021
Page 421
                                      Performa       Management     Company        Management Discussion and       Business Support
                                        2024           Report        Profile     Analysis on Company Performance      Functions



                                                                                                                   Number of
No.           Date                                                Headline                                         Accesses/
                                                                                                                   Downloads
268    August 21, 2024       BNI Ciputra Golfpreneur Tournament 2024 Returns, Featuring Asian                          67
                             Professional Golfers
269                          BNI CorpU TV Knowledge Supplement: Digital Trend and Skill Series #4                      80
270                          BNI Supports Diaspora through Leading Programs Through Overseas Office                    76
                             Networks
271    August 22, 2024       Business Growth Acceleration Drives BNI's Performance in Semester I 2024                  88
272    August 25, 2024       BNI and Ciputra Collaborate in Golfpreneur Tournament 2024, Encouraging                   98
                             Indonesian Golfers to the World Stage
273                          BNI Supports Bluebird's Digital Business Transformation, Creating Future                  81
                             Mobility
274    August 26, 2024       BNI Bazaar Fest Vol 3                                                                     59
275    August 27, 2024       Facilitate Diaspora, BNI and Ministry of Foreign Affairs Collaborate on                   88
                             Indonesian Community Cards Abroad
276    August 29, 2024       Bazaar Fest Vol. 3 Held for 3 Days, Filled with Promos wondr by BNI                       57
277                          BNI CorpU TV Knowledge Supplement: Mastering Security Level Literacy in                   82
                             Transactions
278                          Watch BNI's 2024 Public Expose Live                                                       86
279                          Establish Cooperation, BNI Provides Banking Products and Services for                     90
                             Bappenas
280    August 30, 2024       Newsletter WDC July Wrap up - Vol 7 Issue August                                          67
281    September 2, 2024     Congratulations on the Men's Doubles Champion at the 2024 Korea Open                      88
282                          Making Transactions More Exciting, the Use of wondr by BNI Increases by 200%              98
283    September 3, 2024     BNI Successfully Holds Bazaar Fest Vol.3, wondr by BNI Facilitates Visitor                81
                             Transactions
284                          Order SR021, Safe Investment, Source of Passive Income                                    59
285    September 4, 2024     Enliven National Customer Day "wondrful Customers, Make Your Wishes                       88
                             Happen"
286    September 5, 2024     There is BNI's Support Behind the Indonesia Africa Forum (IAF), Optimizing                57
                             Global Business Cooperation
287    September 6, 2024     BNI Introduces the New Look New Image Concept on National Customer Day                    82
                             2024
288    September 9, 2024     BNI Inaugurates a Representative Office in Sydney, Becoming the First                     86
                             Indonesian Bank in Australia
289    September 11, 2024    Shopping for Anything Becomes Easier with 0% Installments on BNI Credit                   90
                             Cards
290    September 13,         BNI Enters the List of 100 Largest Companies in Indonesia according to Fortune            67
       2024                  Indonesia
291    September 15,         Followed by 10,000 Runners, BNI UI Half Marathon 2024 Successfully Held                   89
292    2024                  BNI CorpU TV Knowledge Supplement: BNI Supports Gernas BBI/BBWI North                     80
                             Maluku to Go Global
293    September 17, 2024    BNI and IKA Trisakti Collaboration, Expanding the Campus Financial Ecosystem              76
                             Program
294    September 18,         BNI Enters the List of 1,000 Best Companies in the World 2024, According to               88
       2024                  TIME and Statista
295    September 19,         BNI Ventures Bridges Startups and Banking Through the Match Arc Program                   98
296    2024                  BNI is Proud of the Achievements of Indonesian Badminton Athletes                         81
297                          Go Viral wondr, BNI and BI Enliven FentuRun 10k in Balikpapan                             59
298                          BNI Indonesian Masters 2024 Ready to be Held, Presenting Global Spirit                    88
299                          BNI CorpU Tv Knowledge Supplement: Maximizing the Ecosystem "Exploring                    57
                             BNI Business Opportunities in the Health, Education and Area Management
                             Sectors"
300    September 20,         Implementing Transparent Sustainability Reports, BNI Wins the 2024 Republika              82
       2024                  ESG Award
301                          BNI CorpU TV Knowledge Supplement: The Right Way to Execute BNI Agen46                    86
                             Sales!
302                          Maximize Beauty with BNI                                                                  90
303                          SATURDAYS Discount Promo                                                                  67
304                          PDP Series 3 Socialization: "Data Privacy Awareness and Data Protection                   80



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         Practices           Governance          Responsibility       Commitment     Statements



                                                                                                                        Number of
    No.           Date                                                Headline                                          Accesses/
                                                                                                                        Downloads
   305    September 22,           BNI and Bloomberg Collaborate, Facilitate BPD Foreign Exchange Transactions                76
          2024                    Through the FXGO Platform
   306    September 23,           BNI and AOP Collaborate, Indonesia Will Become the First Global Pop Idol                   67
          2024                    Center in Southeast Asia
   307                            PDP Series 3 Socialization Webinar - Data Privacy Awareness and Data                       89
                                  Protection
   308                            BNI Named as the Most Trusted Bank in the World Most Trustworthy Companies                 80
                                  2024 by Newsweek and Statista for the Bank Category
   309                            Supporting the Green Transition in the Energy Sector, BNI Holds BEST Event                 76
   310    September 25,           BNI Increases Financial Literacy in Surabaya through Seminars for MSMEs and                88
          2024                    BNI Agen46
   311    September 26,           BNI CorpU TV Knowledge Supplement: Knowledge Supplement Webinar -                          98
          2024                    Sharia Pension Fund: Achieving Blessed Welfare in Old Age
   312    September 27, 2024      BNI CorpU TV Knowledge Supplement: Building a Culture of Integrity in the                  81
                                  Workplace
   313    September 29,           BNI Records 27% Asset Growth in 5 Years, Supported by Digital Transformation               59
          2024                    and Expansion Strategic
   314                            BNI CorpU TV Knowledge Supplement: Global Mindset Webinar #5 - Advanced                    88
                                  Risk Management in Global Finance
   315    September 30,           BNI Brings Indonesian Badminton Athletes to Make History on the Global Stage               57
   316    2024                    BNI Investor Daily Summit 2024: Accelerating Indonesia's Economic Growth in                82
                                  the Transition Period
   317    October 1, 2024         BNI CorpU TV Knowledge Supplement: "SkillUp Program Socialization! (Learn                  86
                                  Soft Skills and Hard Skills) & BUMN Learning Festival Program"
   318    October 2, 2024         "Money Talks Power Lunch" Digitalization is Getting Faster, BNI is Optimistic              90
                                  that Business Will Continue to Grow Positively
   319                            Returning to Indonesia LPS Travel Fair 2024                                                67
   320    October 3, 2024         Support Inacraft on October Vol.3, BNI Encourages Young Generation to                      80
                                  Become Entrepreneurs
   321                            Race Talks Series: "Future Generation of Credit Retail Experience"                         76
   322                            Increase Accessibility of International Services, BNI Relocates KLN Singapore to           67
                                  Strategic Location at Raffles Place
   323    October 4, 2024         BNI Spreads Attractive Promos at #DiIndonesiaAja LPS Travel Fair 2024                      89
   324    October 5, 2024         Happy Kuningan Day                                                                         80
   325    October 7, 2024         BNI Singapore's Milestone "Inspiring Tracks of Achievement and Growth                      76
   326                            Time to Invest for Mutual Prosperity                                                       88
   327    October 8, 2024         BNI Investor Daily Summit 2024: Optimism Amidst Various Global Challenges                  98
   328    October 9, 2024         BNI Expands Business in Tourism and Health Sectors, Encourages Economic                    81
                                  Growth
   329                            Supporting Customer Business Growth, BNIdirect Presents Latest Features                    59
   330                            BNI Investor Daily Summit 2024 BNI and Prabowo's Emotional Memories: A                     88
                                  Family Legacy That Continues
   331    October 10, 2024        SkillUp Program! Learn Foreign Languages ​​"The Importance of Foreign                      57
                                  Language Proficiency in Enhancing Global Careers"
   332    October 11, 2024        Shopping for Anything Becomes Easier with 0.5% Installments on BNI Credit                  82
                                  Cards
   333                            Investor Daily Summit 2024 Lo Kheng Hong Reveals 6 Ideal Criteria for Stocks               86
                                  Worth Buying, BNI on the List
   334                            Investor Daily Summit 2024 BNI Strengthens Smart City Services to Attract                  90
                                  Investment in the Regions
   335    October 13, 2024        BNI Investor Daily Summit 2024 BNI Director Shares Tips on Choosing                        67
                                  Investments According to Risk Profile
   336                            25 Years of GarudaMiles BNI and Garuda Indonesia Offer Bonuses of up to                    80
                                  25,000 GarudaMiles for Garuda BNI Credit Card Holders
   337    October 14, 2024        5,000 wondr 5K Participants Enliven the wondr Jakarta Running Festival 2024                76
   338                            BNI and BNI Partners Win a Series of Awards at the 2024 BUMN Champion                      67
                                  Partner Event




                                                                                                           2024 Annual Report
                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                  1023
Page 423
                                      Performa      Management      Company        Management Discussion and       Business Support
                                        2024          Report         Profile     Analysis on Company Performance      Functions



                                                                                                                   Number of
No.           Date                                               Headline                                          Accesses/
                                                                                                                   Downloads
339    October 16, 2024      Educating Trisakti Students, BNI Reminds of the Importance of Personal Data               89
                             Protection
340                          BNI and Bluebird Strengthen Payment Digitalization with QRIS across the                   80
                             Bluebird Fleet
341                          BNI CorpU TV Knowledge Supplement: Potential for Indonesian SME Exports to                76
                             the Land of the Kangaroos, Australia with Atdag Canberra & Xpora”
342    October 17, 2024      BNI and BPJS Kesehatan Expand Cooperation to Improve National Health                      88
                             Services
343                          BNI Most Transparent Company According to CNBC's 2024 GCG Award with the                  98
                             Attorney General's Office
344    October 18, 2024      Easier, Company Guidelines Can Be Accessed Via Mobile Phones                              81
345    October 20, 2024      BNI CorpU TV Knowledge Supplement: Accurate Execution of Managing BNI                     59
                             Agent 46
346    October 23, 2024      BNI CorpU TV Knowledge Supplement: Introducing the New Integrated Digital                 88
                             Platform BNIdirect
347                          Click and Collect at Watsons ID Discount IDR 25K                                          57
348                          Achieving 6th Rank of Largest Tax Paying SOEs in 2023, BNI is Optimistic to               82
                             Continue Contribution to the Country
349    October 25, 2024      BNI Partners with KinderCastle to Open Daycare for Employees                              86
350                          Shopping for Anything Becomes Easier with 0% Installments on BNI Credit                   90
                             Cards
351                          Digitalization Boosts Operational Income, BNI Profit Reaches IDR 16.3 Trillion in         67
                             Q3-2024
352    October 29, 2024      Encouraging Innovative Collaboration in the Financial Services Industry, BNI              80
                             Ventures Brings 10 Axel Arc Startups to Tech in Asia Conference 2024
353    October 30, 2024      WDC Newsletter August & September Wrap up - Vol 8 Issue October                           76
354                          Exceeding Industry Average, BNI Mortgage Distribution Grows 13% in Q3-2024                67
355    October 31, 2024      Competing for a Total Prize of US$2 Million, World Elite Golfers Enliven BNI              89
                             Indonesian Masters 2024
356                          BNI Presents Digital Financial Solutions at Universitas Negeri Gorontalo                  80
357                          Realization of Collection & Distribution for the Period of January to September           76
                             2024
358                          BNI Investor Daily Summit 2024: BNI Encourages Business Competitiveness                   88
                             with AI and Cloud-Based Digital Transformation
359    November 1, 2024      BOD-2 Leaders Development Mission: "Strategic People Leaders with Core                    98
                             Values ​​AKHLAK"
360    November 2, 2024      Chairman of Commission XI Misbakhun Appreciates BNI's Digitalization and                  81
                             Performance
361                          BNI Distributes Supply Chain Financing for Bumi Serpong Damai Partners                    59
362    November 4, 2024      BNI CorpU TV Knowledge Supplement: Wellbeing Parenting Series: "The                       88
                             Importance of Routines in Children's Lives"
363    November 5, 2024      Transformation of Branch Office Services, BNI Inaugurates the First Super                 57
                             Flagship in Bandung
364                          BNI Hi-Movers Compete in Innovation Creative at BINNOVA 2024                              82
365    November 7, 2024      Present at Indonesia Week Hong Kong 2024, wondr by BNI Gets Closer to the                 86
                             Indonesian Diaspora in Hong Kong
366                          Through the Digital Financial Ecosystem, BNI Supports the National Nutrition              90
                             Agency to Distribute Free Nutritious Food
367    November 8, 2024      Increasing Digital Literacy, BNI Invites UKSW Salatiga Students to Become a               67
                             Financially Smart Generation
368    November 9, 2024      BNI Digital Banking Cafe Present in Bali, Enjoy the Beauty of Mount Batur While           80
                             Making Transactions
369    November 10, 2024     Reformasi Run on Heroes' Day, wondr by BNI Presents in Senayan                            76
370    November 11, 2024     Supporting Unlimited Creativity, wondr by BNI Presents Pop Culture                        67
                             Performance at Indonesia Comic Con 2024
371                          BNI CorpU TV Knowledge Supplement: “Indonesian SME Export Potential to                    89
                             the Land of the Blue Dragon, Vietnam with Hanoi Trade Attaché & Xpora”




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Capital & Risk Management   Good Corporate   Social & Environmental      ESG          Financial
         Practices           Governance          Responsibility       Commitment     Statements



                                                                                                                        Number of
    No.           Date                                                Headline                                          Accesses/
                                                                                                                        Downloads
   372    November 12, 2024       Indonesian Consulate General Names BNI as the Best Bank Serving Diaspora in                80
                                  Hong Kong
   373                            Get Cash Rewards Up to 3.5 Million by Referring BNI MAPCLUB Credit Card                    76
   374                            BNI Obtains USD 600 Million Loan Facility from 6 Foreign Banks                             88
   375                            Shopping Anything is Easier with 0% Installments on BNI Credit Cards                       98
   376    November 13, 2024       CULTURE FEST 2024                                                                          81
   377                            Supporting Indonesia Fintech Summit 2024, BNI Encourages Digital Financial                 59
                                  Literacy and Inclusion
   378                            BNI CorpU TV Knowledge Supplement: Next Gen BNI Ecosystem: Optimizing                      88
                                  Business Potential Through Digital Ecosystem Solutions
   379                            BNI Culture Fest 2024, Transformation in Building Work Culture and                         57
                                  Performance
   380    November 14, 2024       BNI CorpU TV Knowledge Supplement: Stress Management to Increase                           82
                                  Productivity - Stress-Free Tips & Tricks in the Workplace
   381                            BNI's Digitalization and Expansion Abroad Receive Praise from DPR Members                  86
   382    November 16, 2024       Supporting the World of Education, BNI Hands Over Teacher Training and                     90
                                  Financial Literacy Certificates for Students
   383    November 18, 2024       Wellbeing Series Talkshow 2024 - Workplace Mental Health: How Are You                      67
                                  Really? with Naluri Coach
   384    November 19, 2024       Complete the Dukuh Atas-Sudirman TOD Ecosystem, BNI Inaugurates Naming                     80
                                  Rights "Stasiun Dukuh Atas BNI" LRT Jabodebek
   385    November 20, 2024       BNI Optimizes Digital Services to Make it Easier for Manulife Customers to Pay             76
                                  Premiums
   386    November 21, 2024       Learn the Potential of QIOS46 Business (BNI Agen46 and Toko Mandiri                        76
                                  Indogrosir)"
   387    November 22, 2024       Pocketed Gold Rank ASRRAT for 4 Consecutive Years, Proof of BNI's                          67
                                  Commitment to Implementing Sustainable Finance
   388                            Strengthening Commitment as Agent of Development, BNI Collaborates with                    89
                                  Batumbu to Expand Financing Access for MSMEs
   389                            "Learning the Potential of QIOS46 Business (BNI Agen46 and Toko Mandiri                    80
                                  Indogrosir)"
   390    November 25, 2024       Consistently Improving the Quality of GCG Implementation, BNI Again Wins the               76
                                  Title of 'The Best Overall in Corporate Governance'
   391    November 27, 2024       BNI Wins the Title of "The Most Trusted Companies" at the 2024 Corporate                   88
                                  Governance Perception Index Award
   392    November 28, 2024       Supporting the Success of the 2024 Simultaneous Regional Elections, BNI                    98
                                  Closes All Branch Offices
   393                            Webinar Digital Trend and Skill Series #6: Cyber Security Insights and Strategies          81
                                  for Safer Tomorrow
   394                            Presenting a New Concept, BNI Emerald Center Pamper Premium Customers                      59
   395                            Beginner Content Creator Class - Step by Step Introduction to Content Creation             88
   396                            BNI Gets Closer to Loyal Merchants Through "BNI Wonderful Movie Day 2024"                  57
   397    November 29, 2024       WDC Monthly Newsletter October Wrapped Up                                                  82
   398                            BNI Mastercard World Comes with New Design and Features, Healthier Life,                   86
                                  More Exciting Traveling
   399    November 29, 2024       E-Book “Transform or Disappear” – Provisions for Hi-Movers Towards the                     90
                                  Future!
   400                            Make Your Wishes Come True with wondr by BNI                                               72
   401                            Becoming a Debtor's Strategic Partner, BNI Affirms Commitment to Encourage                 65
                                  Green Transition at COP29 Azerbaijan
   402                            Winning Best Employer Brand on LinkedIn Talent Awards Indonesia 2024, BNI                  34
                                  Leads the Future of Work
   403    December 2, 2024        World Badminton Stars and Sheila on 7 Enliven wondr byB NI BrightUp Cup                    56
                                  2024
   404                            Royke Tumilaar CEO of The Year 2024, Becomes an Influential Figure in the                  88
                                  Indonesian Banking Industry
   405                            Shopping for Anything Becomes Easier with 0% Installments on BNI Credit                    98
                                  Cards
   406    December 5, 2024        BNI Ventures Partners with IPB to Develop Startup Ecosystem                                81


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                                                                                                                   Number of
 No.          Date                                               Headline                                          Accesses/
                                                                                                                   Downloads
 407   December 6, 2024      Present in Borobudur, BNI Promotes Nusantara Culture Through Plataran                     59
                             Xtravaganza
 408                         BNI and Bumi Siak Pusako Collaborate to Provide Employee Retirement                       88
                             Solutions
 409                         BNI Blocks 4,249 Accounts Indicated as Online Gambling                                    57
 410                         Recognized as a Global Bank, BNI Wins 2 Prestigious International Awards from             82
                             Corporate Treasurer
 411   December 9, 2024      Supporting Financial Inclusion, BNI Participates in Celebrating International             86
                             Disability Day 2024
 412   December 10, 2024     BNI Becomes Main Partner for Upper-Class Customers to Manage Wealth                       90
 413                         Through Diaspora Loan, BNI Helps Indonesian Diaspora in Hong Kong Upgrade                 72
 414   December 12, 2024     Becoming the Best Bank in the Rupiah Money Market to Inclusive Financing,                 65
                             BNI Wins 5 Awards from Bank Indonesia
 415                         BNI's Efforts to Support the Government in Achieving Net Zero Emissions 2060              34
 416                         Supporting Sugar Self-Sufficiency 2028, BNI and Sugar Synergy Nusantara                   56
                             Cooperates to Distribute KUR to Sugarcane Farmers
 417   December 13, 2024     Commitment to Implement Good Corporate Governance                                         54
 418   December 16, 2024     Innovative in Campus Services, BNI Wins Diktisaintek Award                                67
 419   December 17, 2024     BNI Supports Healthy Lifestyle Through Employees' Cycling Culture                         71
 420                         Retirement is Not the End of Productivity, but the Beginning of New                       40
                             Opportunities
 421   December 18, 2024     BNI Moves Quickly to Distribute Aid to Sukabumi Disaster Victims                          45
 422   December 19, 2024     Webinar "Education Equal to Work: People with Disabilities Become BNI                     59
                             Agen46"
 423   December 20, 2024     Increase Coffee Farmer Productivity, BNI Equatorial Coffee Exploration Present            88
                             in Temanggung
 424   December 20, 2024     Supporting the Work of the Disabled, BNI Head Office Displays Paintings by 7              57
                             Young Visual Artists
 425   December 21, 2024     Consistently Implementing Information Transparency, BNI Wins Informative                  82
                             BUMN from the Central Information Commission
 426   December 21, 2024     BNI Provides Explanation Regarding Sritex's Bankruptcy Status                             86
 427   December 23, 2024     New BNI-MyPertamina Credit Card Product, Buy Fuel and Get Cashback                        90
 428   December 23, 2024     Supporting MSMEs Go Global, BNI Partners with PT Pos to Strengthen                        72
                             Logistics and Financing Ecosystem
 429   December 23, 2024     BNI Prepares IDR19.74 T in Cash to Ensure Comfortable and Safe Transactions               65
                             during Christmas and New Year
 430   December 23, 2024     Journey to Wondrous Hope - Realizing a Bright Future Together                             34
 431   December 27, 2024     BNI and Bumi Siak Pusako Collaborate to Provide Employee Retirement                       56
                             Solutions
 432   December 27, 2024     Royke Tumilaar Creates Innovation Hub in Sarinah, Birthplace of wondr by BNI              54
 433   December 27, 2024     Digital Transformation, DPLK BNI Presents New Website                                     67
 434   December 27, 2024     "Early Warning Systems: Detecting and Preventing Liquidity Risks"                         80
 434   December 31, 2024     Closing 2024, wondr by BNI Users Get Ready to Receive Financial Transaction               89
                             Reports from wondr Insight


PUBLIC INFORMATION DISCLOSURE                                     Furthermore, BNI actively contributes to improving
                                                                  financial literacy and empowering Agen46 as a
As part of its commitment to public information                   network for disseminating information that can
transparency,    BNI    continuously     strives   to             reach a wide audience. This effort ensures that every
simplify public access to relevant and transparent                segment of society, including customers, can obtain
information. BNI leverages various digital platforms              information efficiently.
to provide information quickly and effectively,
including raising public awareness through the                    In    every    communication,      BNI   prioritizes
website, developing standard operating procedures                 transparency and accountability. Through the role of
(SOPs), and integrating digital service features. In              the Information and Documentation Management
addition, updates to offline services are also made               Officer (PPID), BNI optimally serves the public’s
to complement this accessibility.                                 information needs, in line with the principles of
                                                                  Good Corporate Governance (GCG).

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  Governance Framework, Management,
  and Control of Tax Aspects

  In carrying out business activities and banking                     In addition, BNI also implements an integrated tax
  operations in the midst of a highly regulated                       Information Technology system to help manage
  industry, BNI ensures that it carries out management                financial information more efficiently. This system
  and control of tax aspects as one of the main pillars               enables accurate tax recording and reporting, as well
  to ensure sustainability and stakeholder trust. As                  as ensuring the Bank’s consistency and compliance
  a corporate taxpayer, BNI is committed to fulfilling                with tax regulations and complying with applicable
  its tax obligations in accordance with applicable                   recording rules and regulations. By implementing
  regulations both in fulfilling Corporate Income                     a targeted approach and optimizing digitalization,
  Tax obligations and in carrying out its role as a                   the Bank can maintain the level of compliance
  tax withholding agent, and also ensuring that the                   with applicable laws and regulations so as to avoid
  submission of tax obligation documents, including                   administrative sanctions, such as fines, interest, and
  annual and monthly SPTs, to regulatory institutions                 criminal sanctions due to underpayment.
  is carried out on time. Tax management at BNI is
  under the supervision of the Director of Finance,                   In addition to referring to tax laws and regulations in
  who periodically reviews the Bank’s tax strategy.                   Indonesia, BNI’s fulfillment of tax obligations is also
                                                                      carried out in accordance with the tax jurisdiction
  In order to maintain the quality of implementing good               in each overseas office network, such as New York
  tax governance, BNI has an adequate governance                      (United States), London (England), Seoul (South
  framework, starting from implementing clear tax                     Korea), Tokyo (Japan), Hong Kong, Australia, the
  policies and procedures and including guidelines                    Netherlands, and Singapore through the Foreign
  regarding tax reporting, fulfilling tax obligations,                Office (KLN).
  and managing tax risks. In implementing the
  management of tax obligations and monitoring                        Further discussion regarding the fulfillment of BNI’s
  and controlling taxes, BNI has established a                        tax obligations has been described in detail in the
  comprehensive and structured process, such as:                      Bank Performance Analysis and Discussion Chapter,
  1. Instilling a tax approach in the Bank through Tax                in the Taxation Sub-chapter: BNI’s Contribution to
      Company Guidelines and collaboration with tax                   National Development.
      application service providers for deposit and
      reporting systems that are directly connected                   Legal Cases Related to Taxation
      to the tax authorities. BNI also increases tax                  In the 2015 tax year, there was 1 (one) tax problem
      awareness through training and socialization.                   faced by BNI, as has been disclosed in detail in the
  2. Identify, manage, and monitor tax risks by carrying              legal cases section, tax cases sub-section. However,
      out continuous monitoring and reconciliation.                   this problem has no impact on the sanctions
                                                                      imposed by the relevant authorities on BNI.

                                                                      In 2024, there were no cases of tax problems faced
                                                                      by BNI.




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Anti-Money Laundering Program, Counter
Terrorism Financing, and Prevention of
Funding for the Proliferation of Weapons of
Mass Destruction (APU, PPT, and PPPSPM)
Along with the development of the era of globalization          responsible for implementing the APU PPT and
and advances in increasingly complex information                PPPSPM Programs. RCO has the function of
technology, BNI realizes that the business risks it             supervising the implementation of the APU PPT
faces are increasingly diverse, so appropriate and              and PPPSPM Programs in each Branch Office under
careful risk mitigation steps are very necessary,               the management of each region and is tasked with
especially in formulating strategies for handling               ensuring that branch operational activities are
the risks of money laundering, terrorism financing,             carried out in accordance with the implementation
and funding the proliferation of weapons of mass                of the APU PPT and PPPSPM Programs.
destruction.
                                                                APU, PPT, and PPPSPM Policies and
To prevent misuse of the banking system by                      Procedures
irresponsible parties as a means of committing                  The Bank continues to strive to raise awareness
criminal acts of money laundering and terrorism                 of all employees at every level of the organization
financing, BNI always carries out banking                       to have a strong commitment to combating TPPU
operational activities by prioritizing the principle of         TPPT and PPPSPM practices or other financial crime
prudence, and is always committed to improving                  threats that have a negative impact on BNI’s integrity
the quality of the implementation of the APU PPT                and can threaten the national and international
and PPPSPM programs, which are in line with POJK                financial system. Accordingly, BNI consistently
No. 8 of 2023 concerning Implementation of Anti-                builds a strong risk culture, one of which is through
Money Laundering Programs, Counter Terrorism                    the implementation of the APU, PPT, and PPPSPM
Financing, and Prevention of Funding for the                    programs so that the Bank can avoid the risks of
Proliferation of Weapons of Mass Destruction in                 misuse of Bank products and services as a medium
the Financial Services Sector, as well as applicable            for money laundering and terrorism financing
related provisions and legislation, including the               and funding the proliferation of weapons of mass
implementation of APU, PPT, and PPPSPM programs,                destruction.
which refer to International Best Practices, and Bank
Business Plans.                                                 As a form of the Bank’s commitment to building
                                                                a national financial system with integrity, BNI has
In addition to carrying out obligations, the APU &              specifically designed policies and procedures
PPT program implemented within BNI also shows                   related to the implementation of the APU, PPT, and
BNI’s commitment as a Financial Services Institution            PPPSPM programs, which have been stipulated
(LJK) in building a healthy and sustainable financial           through the Board of Directors’ Decree No. KP/369/
industry ecosystem that is free from all forms                  DIR/R dated August 23, 2024. The preparation of
of money laundering, terrorism financing, and                   internal guidelines and policies certainly does not
proliferation funding. To prevent the practice of               only consider the Bank’s business needs but is
Money Laundering Crimes (TPPU) and Terrorism                    also aligned with relevant laws and regulations. In
Financing Crimes (TPPT), which are categorized                  general, the contents of policies and procedures
as transnational crimes and therefore require                   related to the implementation of BNI’s APU, PPT,
extraordinary efforts in handling them, BNI is                  and PPPSPM programs are based on 5 (five) main
very careful in measuring AML & PPT risks at the                pillars, which are priorities in POJK No. 8 of 2023,
customer level (customer risk rating) as well as                namely:
individual Risk Assessments (IRA).                              1. Active supervision of the Board of Directors and
                                                                    Board of Commissioners;
To support the effective implementation of the                  2. Policies and Procedures;
APU PPT and PPPSPM programs, BNI has a                          3. Internal Control;
Special Work Unit (UKK) and Regional Compliance                 4. Management Information System; and
Officer (RCO) in all Regional offices, which are                5. Human Resources and Training.



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  APU, PPT, and PPPSPM Organizational Structure
  BNI appointed the Compliance Division as UKK, which is responsible for ensuring the Bank’s compliance
  with APU, PPT, and PPPSPM regulations and is tasked with carrying out regular risk assessments to identify
  and manage potential risks that may arise.

  The organizational structure of APU, PPT, and PPPSPM, which is in effect as of December 31, 2024 can be
  described as follows:

                                                               Compliance Division




                                                      Overseas Network           Anti Money
          Compliance             Compliance                                                                  GCG &
                                                       & Subsidiaries           Laundering &
         Assurance &            Assurance &                                                                Compliance           Data Protection
                                                     Compliance Advisory      Counter Terrorism
           Advisory               Advisory                                                                 Management            Department
                                                       & Supervision           Financing (AML
         1 Department           2 Department                                                               Department
                                                        Department            CTF) Department



                                                          Overseas
         Compliance             Compliance                                      AML CTF                      GCG &
                                                         Network &                                                              Data Protection
         Assurance &            Assurance &                                   Development &                Compliance
                                                        Subsidiaries                                                           Strategy & Policy
          Advisory 1             Advisory                                      Supervision                 Management
                                                        Compliance
                                                         Advisory &
                                                        Supervision

                                                                                 AML CTF
                                                                                                           Regional             Data Protection
                                                                                Transaction
                                                                                                        Compliance Officer      Implementation
                                                                                 Analysis




                                                                                 Sanctions
                                                                                  Filtering
                                                                                   Team




  APU, PPT, and PPPSPM Manager Profile                                     5. Building awareness of understanding of APU
  The profile of the Compliance Division Leader                               PPT to all lines of the BNI organization.
  who is assigned as UKK for Managing APU, PPT,                            6. Identify and analyze transactions that meet
  and PPPSPM has been described in detail in the                              suspicious criteria based on financial transaction
  Corporate Governance Chapter, Compliance                                    analysis reports from related work units and/or
  Function Sub-Chapter in the description entitled                            based on the results of monitoring carried out
  Profile of the Compliance Division Head.                                    based on the system.
                                                                           7. Manage the preparation and submission of
  Duties and Responsibilities of APU, PPT, and                                Suspicious Financial Transaction Reports (LTKM),
  PPPSPM Managers                                                             Cash Financial Transaction Reports (LTKT),
  Duties and responsibilities of the BNI UKK Head                             Transaction Reports to and from Overseas (LTKL),
  Office, cq. The Compliance Division regarding the                           SIPESAT Reports, Information System Reports
  implementation of the APU, PPT, and PPPSPM                                  for Suspected Terrorism Financing (SIPENDAR),
  Programs are:                                                               and other reports in accordance with the criteria
  1. Develop and manage policies and guidelines                               set out in the provisions applicable to PPATK.
     for implementing the Principles of Recognizing                        8. Monitor and supervise the implementation of
     Service Users (PMPJ)/Know Your Customer                                  APU PPT in all domestic branches and related
     (KYC), Anti-Money Laundering (APU) Programs,                             Units/Divisions.
     and Counter Terrorism Financing (PPT) at BNI.
  2. Provide compliance opinions/advice regarding                          Implementation of the APU, PPT, and PPPSPM
     the implementation of PMPJ and APU PPT.                               Programs in 2024
  3. Develop and ensure the adequacy of systems                            In 2024, BNI has implemented various sustainable
     and mechanisms that support PMPJ and APU                              initiatives and improvement efforts to strengthen the
     PPT.                                                                  realization of the APU, PPT, and PPPSPM programs,
  4. Conduct socialization regarding PMPJ and APU                          including the following:
     PPT provisions.                                                       1. Bank Risk assessment of TPPU, TPPT and/or
                                                                               PPSPM using a regular risk-based approach
                                                                               (RBA) that is periodically reviewed.




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2. Active Supervision of the Board of Directors                       ensuring the Potential Customers/Customers/
   and the Board of Commissioners is necessary                        Beneficial Owner (BO)/Walk in Customers
   in creating effectiveness in the implementation                    (WIC) is out of the list of suspected terrorists
   of APU, PPT, and, PPPSPM Program, since the                        and terrorist organizations (DTTOT) and/
   role of the Board of Directors and the Board                       or the list of weapons proliferation of mass
   of Commissioners will affect the achievement                       destruction (DPPSPM); and other watchlist
   level of organizational objective. The active                      lists (OFAC List, UN List);
   supervision also applies to BNI wide network                    c. The Implementation of the APU, PPT, and
   across all branches and subsidiaries under the                     PPPSPM Programs based on a Risk-Based
   same Financial Conglomerate. The forms of                          Approach;
   active supervision by the Board of Directors and                d. Procedures for Customer Profile and
   the Board of Commissioners includes:                               Transactions Monitoring;
   a. The approval by the Board of Directors on                    e. The implementation of Fund Transfer
      the designation of the Compliance Division                      Procedures;
      as a Special Work Unit (UKK) that responsible                f. Administrating Customer Documents and
      for implementing the APU PPT and PPPSPM                         Transactions;
      Programs;                                                    g. The Implementation of APU, PPT, and
   b. The approval by Board of Directors and the                      PPPSPM Programs across Branches and
      Board of Commissioners for the APU, PPT,                        Subsidiaries Networks under the same
      and PPPSPM;                                                     Financial Conglomerate;
   c. Evaluate the Policies and Procedures for                     h. Internal control; and
      implementing the APU, PPT, and PPPSPM                        i. Human Capital and Training.
      programs;                                                    j. Maintenance and updating of DTTOT
   d. Periodic reports (monthly, quarterly and semi-                  & DPPSPM for the needs of screening
      annually) regarding reporting obligations and                   prospective customers and BNI customers;
      implementation of the APU, PPT, and PPPSPM                   k. Obligation to ensure that Supporting
      Programs to the Board of Directors and the                      Professional Services have implemented
      Board of Commissioners;                                         APU, PPT, and PPPSPM programs, and are
   e. Board of Directors approval of the Plan and                     registered in the reporting information system
      Realization Report on Updating Customer                         managed by PPATK;
      Data;                                                        l. Pre-employee screening procedures for
   f. Meeting of the Board of Directors and the                       permanent and non-permanent employees up
      Board of Commissioners to discuss the                           to 1 (one) level below the Board of Directors
      implementation of the APU, PPT, and PPPSPM                      and Board of Commissioners, as well as
      Programs.                                                       Know Your Employee for permanent and non-
                                                                      permanent employees, Board of Directors
3. There are Policies & Procedures prepared                           and Board of Commissioners;
   by the Compliance Division and periodically                     m. Customer Profile and Transaction Monitoring
   reviewed/updated/ improved in accordance                           Procedures; and
   with applicable regulations. To strengthen the                  n. Implementation of APU, PPT, and PPPSPM
   implementation of the APU, PPT, and PPPSPM                         Programs in the Office Network and
   programs, procedures for each banking product                      Subsidiaries in the Financial Conglomeration;
   and activity are also regulated in procedures for            4. Effective internal control in and the APU PPT and
   implementing APU, PPT, and PPPSPM, in order to                  PPPSPM implementation, carried out by:
   identify and assess the risk of money laundering                a. Having adequate APU, PPT, and PPPSPM
   crimes and/or terrorist financing crimes for                       policies and procedures as well as internal
   each product and activity. To ensure that the                      monitoring;
   implementation of the APU, PPT, and PPPSPM                      b. Having clear authorities and responsibilities
   programs is running as it should, supervision is                   for work units related to the APU, PPT, and
   carried out by the Compliance Division. Policies                   PPPSPM programs, either through the first
   and procedures for implementing the APU, PPT,                      line of defense (risk taking units), second line
   and PPPSPM programs include, among other                           of defense and third line of defense; and
   things, regulating:                                             c. Conducting inspections by the Internal
   a. Active supervision of the Board of Directors                    Audit to ensure the APU, PPT, and PPPSPM
      and the Board of Commissioners;                                 Programs are effectively implemented.
   b. Customer Due Diligence Procedures (CDD)                      d. Follow up on all internal and external audit
      and/or Enhanced Due Diligence (EDD) against                     results related to the implementation of APU,
      Prospective Customers/Beneficial Owners                         PPT, and PPPSPM in accordance with the
      (BO)/Walk in Customers (WIC), including                         specified time; And


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      e. Improving the quality of customer data and                              Pre Test and Post Test for all participants,
         reporting analysis to regulators in accordance                          Learning Videos, Webinars and Podcasts;
         with regulations.                                                   ii) Face-to-face training, that is training
                                                                                 provided to Prospective New Employees
  5. Information Management System to optimize                                   (ODP), certain divisions/units (including
     APU, PPT, and PPPSPM transaction monitoring                                 operational,    IT,  Custody,     overseas
     program, BNI has been developing information                                business, Cross Border Correspondent
     system technology, including: [ACGS B.4.1]                                  Banking).
     a. Improving the systems and supporting                              b. Supervision and Socialization of the APU, and
        applications for Anti Money Laundering                               PPT Program at sampled Branch (based on the
        Detection System, Filtering & Screening                              results of the Branch Risk Rating assessment),
        Terrorist (DTTOT List), PEP Screening                                related Units and Divisions.
        Detection and Customer Due Diligence (CDD)                        c. Implementation of APU, PPT, and PPPSPM
        Risk Scoring, as a batch or real time, in the                        refreshment programs for the Board of
        BNI AML System. The BNI AML System is                                Commissioners and the Board of Directors of
        used to support a better Know Your Customer                          BNI as well as Subsidiary Companies.
        (KYC) Principle, particularly in detecting/                       d. Increasing     employee      awareness      and
        monitoring customer transactions that                                competency by delivering reminder letters
        have suspicious patterns on behavior and                             regarding typologies, the latest modes and
        transaction for money laundering, and the                            lessons learned related to APU, PPT, and
        financing of terrorism, and the financing of the                     PPPSPM to all Branch Offices, Regions,
        proliferation of weapons of mass destruction.                        Divisions, Units and Units.
     b. Developing and improving the Suspect
        Account to Verify (SAV) system.                               7. Implementing programs to improve the
     c. Developing a Walk in Customer application                        quality of customer data by applying the
        system.                                                          Completeness, Consistency and Composite
     d. Developing a Politically Exposed Person (PEP)                    methods to strengthen the Single Source of Truth
        data utilization PPATK application.                              (SSOT) aspect through customer data quality
     e. Developing a KYC on Board application to filter                  improvement programs, such as, improving data
        and screen prospective customers against the                     governance policies, implementing the Data
        Terrorist Data/Terrorist List (DTTOT), the List of               Quality Index (DQI) and implementing Master
        Proliferation of Weapons of Mass Destruction                     Data Management towards creating a Single
        (PPSPM), PEP List, OFAC List, UN List and                        View of Customer;
        Fraudulent List.
     f. Developing an internal application system                     8. Establish and foster active cooperation
        to support the reporting obligations in                          and coordination with regulators and Law
        accordance with the PPATK GoAML reporting                        Enforcement Officials, especially in fulfilling
        format and requirements.                                         requests for customer data and/ or information
     g. Developing the GoAML interface system to                         as well as providing information in efforts to
        support the reporting obligations that have                      prevent and eradicate the crime of money
        been adjusted to the GoAML provisions.                           laundering, preventing the financing of terrorism
     h. Developing PPATK’s Suspected Terrorism                           and preventing the financing of the proliferation
        Financing Information System (SIPENDAR);                         of weapons of destruction. Bulk;
     i. Developing Filtering & Screening Terrorist
        (DTTOT List), PEP Screening Detection for                     9. Implementation of the APU, PPT, and PPPSPM
        digital account opening.                                         Programs in Subsidiary Companies and Foreign
                                                                         Offices. As a form of responsibility for Banks
  6. Human Capital and Training                                          that have office networks both at home and
     BNI conducts training, socialization and reminder                   abroad as well as within the framework of the
     of the implementation of APU, PPT, and PPPSPM                       BNI Financial Conglomeration, to ensure that
     Programs to officials and/or for all employees                      the implementation of APU, PPT, and PPPSPM
     continuously. The training methods are as                           is effective, the Compliance Division also
     follows:                                                            supervises the implementation of the APU PPT
     a. Training, both in person or virtually, including:                and PPPSPM Programs through:
         i) Electronic/Online base training, that is                     a. Discussion Forum for the Board of Directors
            training through APU PPT and PPPSPM                             and Board of Commissioners regarding the
            e-Learning on BNI Smarter, with a                               implementation of the integrated APU, PPT,
            minimum passing grade, equipped with                            and PPPSPM Program;



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   b. Monitoring the implementation of the APU,                 Legal Cases Related to APU, PPT, and PPPSPM
      PPT, and PPPSPM Programs for Subsidiaries                 in 2024
      and Foreign Offices through regular periodic              In carrying out its operational activities, BNI ensures
      reports and providing feedback on the reports             that it always obeys and complies with the laws
      submitted;                                                that apply to the financial services sector, especially
   c. Implementation of supervision in the form                 the banking industry. Through the implementation
      of One on One meetings to discuss the                     of the APU, PPT, and PPPSPM programs, which
      implementation of the APU, PPT, and PPPSPM                are regularly disseminated to employees and
      Programs for Subsidiaries and Overseas                    customers, BNI avoids all forms of criminal acts of
      Offices on a quarterly basis; and                         money laundering and terrorism financing, as well
   d. Review of the Foreign Office’s APU, PPT, and              as funding the proliferation of weapons of mass
      PPPSPM program policies and procedures in                 destruction.
      accordance with applicable regulations.
                                                                Financial Integrity Rating on Money
10. Play an active role in work programs or activities          Laundering and Terrorism Financing (FIR on
    organized by the regulator, as follows:                     ML/TF)
    a. Arranging training programs with the                     FIR on ML/TF is an assessment by the Financial
       Human Capital & Compliance Director                      Transaction Analysis Reporting Center (PPATK)
       Communication Forum (FKDKP) regarding                    on the integrity and effectiveness of the reporting
       APU PPT and PPPSPM for banking circles so                party in carrying out the APU, PPT, and PPPSPM
       that there is a same playing field/a common              programs, which include aspects of commitment,
       understanding in implementing the APU PPT                implementation, and compliance. In 2024, BNI
       and PPPSPM provisions.                                   obtained an FIR on the ML/TF Score of 9.03 in the
    b. Joined in the Collaborative Analysis Team                Very Good Category (FIR Highest Score on ML/TF on
       (CAT) in preparation for the General Election            KBMI 4).
       (Pemilu) and regional elections (Pilkada) in
       order to realize honest, fair, integrity, and            APU, PPT, & PPPSPM Work Plan for 2025
       accountable elections and regional elections.            In 2025, BNI has established a work plan to support
    c. Coordinating in the implementation of the 22             the implementation of the APU, PPT, and PPPSPM
       Years APU PPT Indonesia National Movement                Programs with the following strategic priorities:
       (“Gernas 22”), which carries the theme:                  1. Increase employee awareness and competence
       “22 Years together, 2 Decades Stronger,                      regarding the implementation of APU, PPT, and
       Excellence in Every Step”.                                   PPPSPM;
    d. Involved in the PPATK Public Private                     2. Improving customer data quality through
       Partnership (PPP) for the investment fraud                   customer data quality improvement programs,
       typology and acted as co-leader in the PPP                   e.g., improving data governance policies,
       team for the Green Financial Crime (GFC)                     implementing the Data Quality Index (DQI), and
       typology.                                                    implementing master data management towards
    e. Conduct education and provide financial                      creating a Single View of Customer.
       literacy to internal and external parties                3. Updating internal policies and procedures in
       regarding awareness of the practice of buying                accordance with applicable regulations.
       and selling accounts in order to contribute to           4. Developing the BNI AML System and other
       the eradication of online gambling.                          applications to support the optimization of APU,
    f. Carry out monitoring (cyber patrol) on online                PPT, and PPPSPM implementation;
       gambling websites that use BNI accounts.                 5. Improve the quality of reporting analysis to
    g. Prepare APU PPT and PPPSPM Certification                     regulators in accordance with provisions;
       Modules based on OJK’s SKKNI, together                   6. Follow up on all internal and external audit
       with FKDKP.                                                  results related to the implementation of APU,
                                                                    PPT in accordance with the specified time;
                                                                7. Actively coordinate with Regulators and Law
                                                                    Enforcement Officials in fulfilling requests for data
                                                                    and providing information in efforts to Prevent
                                                                    and Eradicate Crimes of Money Laundering and
                                                                    Counter Terrorism Financing.




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  Anti-Corruption
  Policy

  BNI reaffirms its unwavering commitment to                          3. To promote anti-fraud awareness, BNI organizes
  anti-corruption policies by ensuring that all of its                   regular initiatives for all employees and
  activities strictly adhere to prevailing laws and                      subsidiaries. These activities include webinars,
  regulations and uphold the principles of sound                         socialization programs, and campaigns on BNI’s
  corporate governance. As a demonstration of this                       official social media channels.
  commitment, the Board of Commissioners, Board                       4. BNI acknowledges employees who actively
  of Directors, and all BNI employees annually sign                      contribute to fraud prevention efforts, fostering a
  an Integrity Pact. This pact embodies a shared                         culture of appreciation for integrity in maintaining
  commitment to fostering a corruption-free work                         a deviation-free workplace.
  environment. Furthermore, all BNI stakeholders are
  required to sign the Integrity Pact and are provided                These initiatives underscore BNI›s dedication to
  access to the Whistleblowing System (WBS) for                       creating a work environment free from corruption,
  reporting violations.                                               fraud, bribery, and gratification.

  BNI enforces stringent sanctions against employees                  Anti-Corruption Training and Socialization
  found violating anti-corruption policies or engaging                for Employees
  in corrupt practices, including gratification and                   BNI remains steadfast in its efforts to ensure that
  bribery. Through these measures, BNI aims to                        all employees have access to the training and
  safeguard the trust of shareholders, stakeholders,                  certifications necessary to cultivate a workplace
  and the broader community.                                          culture free from corruption, gratification, and
                                                                      bribery. BNI consistently involves its workforce
  Programs and Procedures to Combat                                   in various training programs to enhance their
  Corruption, Fraud, Bribery, Gratification,                          understanding and commitment to anti-corruption
  and/or Improper Compensation [ACGS B.4.5]                           initiatives. These programs include the Anti-
  To reinforce its commitment to good governance and                  Corruption Facilitator Training (PAKSI) and
  maintain integrity across all operational levels, BNI               certification for the Anti-Bribery Management
  has developed and implemented comprehensive                         System (SMAP) under ISO 37001:2016 standard,
  programs and procedures to address corruption,                      and 3 (three) webinars, E-Learning modules and
  fraud, bribery, gratification, and/or improper                      the Daily Exercise Employee Program (DEEP46),
  compensation. Key initiatives include:                              conducted on June 8 - July 3, 2024. BNI hosted these
  1. BNI has established the Gratification Control                    sessions featured anti-gratification materials as part
      Unit (UPG) and manages the Anti-Bribery                         of the broader anti-fraud awareness initiative for
      Management System (SMAP), which serve as                        new employees. In addition, BNI routinely conducts
      the cornerstone of BNI anti-corruption program.                 socialization programs on gratification control and
      Policies on gratification and bribery are detailed              anti-bribery measures to ensure all employees
      in the Anti-Gratification and Anti-Bribery                      understand and apply sound governance principles
      Guidelines.                                                     in their daily work activities.
  2. BNI imposes firm penalties, including termination
      of employment (PHK), on employees involved
      in gratification, bribery, or fraud, to deter
      misconduct and uphold corporate integrity.




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In 2024, BNI successfully increased employee                    5. Dissemination of information through posters,
participation in the following key activities:                     videos, digital banners, videotrons, BNI website,
1. Mandatory e-Learning Program on Gratification                   national mass media, and BNI Forum related
   Control and SMAP through BNI’s learning                         to anti-gratification, SMAP, and corruption
   management system (BNI Smarter) attended by                     prevention guidelines.
   26,352 employees.                                            6. Implementation of the Compliance Forum event
2. Socialization and awareness raising on anti-fraud               with the theme “Realizing an Anti-Corruption
   and anti-gratification to employees and other                   Culture Through Planting Integrity Values” which
   stakeholders.                                                   invited speakers from the KPK and was attended
3. Socialization of Gratification Control and                      by all levels of Directors, Commissioners,
   SMAP to Outsourced Personnel, Bina BNI,                         SEVP BNI, Subsidiaries, PAKSI, API, Millennial
   Officer Development Program (ODP) and BNI                       Gratification Reporters and all BNI employees.
   Subsidiaries.
4. Appeal to all employees not to receive or solicit
   rewards from third parties, and to read the
   Integrity Pact which informs BNI’s commitment
   to gratification control.




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  Anti-Gratification & Anti-Bribery Policy


  In an effort to enforce anti-corruption policies, BNI               System Policy (SMAP) No. IN/616/KPN/001 dated
  ensures that the business activities carried out                    July 21, 2022, and Anti-Bribery Management
  always comply with applicable laws and regulations                  System (SMAP) Company Guidelines No. IN/118/
  and implement GCG practices under the supervision                   CMP/006 dated December 27, 2024. The preparation
  of the Board of Commissioners. The Bank is also                     of these policies and guidelines has been aligned
  committed to taking firm action against every                       with the provisions of Law No. 20 of 2001, which is
  employee who is proven to carry out business                        an amendment to Law No. 31 of 1999 concerning the
  processes     illegally, unethically,    dishonestly,               Eradication of Corruption Crimes; OJK Regulation
  and unprofessionally with the aim of enriching                      No. 12 of 2024 concerning the Implementation
  themselves, which then causes losses for the Bank                   of Anti-Fraud Strategies for Financial Services
  and other stakeholders.                                             Institutions.

  BNI’s commitment and consistency in creating                        BNI’s initiative in increasing employee awareness
  business practices that are free from bribery and                   of anti-corruption practices and culture as well
  corruption is realized through the implementation of                as preventing gratification is realized through the
  the Gratification Control Policy, which all employees               implementation of several written policies related to
  must pay attention to when working, including                       preventing corruption and controlling gratification,
  submitting reports of acceptance or rejection of                    including:
  gratification via the Gratification Online (GOL)
  application. With the existence of an anti-bribery                  A. Gratification Control Policy
  and anti-gratification policy within BNI and a joint                   BNI’s Gratification Control Policy stipulates,
  commitment from all employees, BNI can maintain                        among other things, that:
  the continuity of its business and avoid negative                      1. Gratification control is the duty and
  impacts such as legal risks, financial losses, negative                   responsibility of all BNI personnel.
  reputation, or loss of customers. Implementing this                    2. Prohibition of accepting or giving gratuities
  policy can also maintain the Bank’s reputation and                        that are indicated as bribery, namely:
  the trust of all shareholders, stakeholders, and the                      a. All BNI personnel are prohibited from
  wider community.                                                              accepting gratuities that are indicated as
                                                                                bribery, whether in the form of money
  In addition to having adequate control policy tools,                          and/or goods and/or gifts, and are required
  the Bank also strives to build a healthy and clean                            to refuse the gift at the first opportunity by
  work culture through obtaining SNI ISO 37001:2016                             informing them of the gratification control
  certification - Anti-Bribery Management System                                provisions at BNI. Receipt of gratuities
  (SMAP) in the scope of Procurement of Goods and                               includes those received directly or those
  Services, which is then expanded to cover the scope                           transferred via account or other means.
  of the Corporate Credit Segment and BNI Pension                           b. Upon receipt of gratuities that are forced
  Fund Activities.                                                              to be accepted, all BNI personnel must
                                                                                immediately report at the first opportunity
  ANTI-GRATIFICATION AND ANTI-BRIBERY                                           to the Corruption Eradication Commission
  POLICY PROGRAMS AND PROCEDURES                                                through the Gratification Control Unit
                                                                                (UPG).
  In order to overcome corrupt practices, kickbacks,                        c. All BNI personnel are prohibited from
  fraud, bribery, and/or gratification, all BNI levels                          giving money and/or gratuities and/or gifts
  are required to implement anti-bribery and anti-                              related to their position and contrary to
  gratification programs and procedures as stated in                            their obligations or duties to civil servants
  Gratification Control Guidelines No. IN/709/KPN/002                           and state administrators.
  dated December 2, 2020, Anti-Bribery Management




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   3. Obligation to submit gratification reports:               with this policy, the violating party may be subject to
      a. All BNI personnel are required to make a               sanctions according to the level of the violation and
         report regarding rejection or acceptance of            will be reported to the relevant parties in accordance
         gratification.                                         with applicable law.
      b. Recipients who have submitted a
         gratification report are free from the threat          MONITORING AND ASSESSMENT OF
         of criminal acts of bribery as regulated in            GRATIFICATION CONTROL BY THE
         Law No. 31 of 1999 as amended by Law                   CORRUPTION ERADICATION COMMISSION
         No. 20 of 2001 concerning the Eradication
         of Corruption Crimes.                                  In order to increase the effectiveness of gratification
                                                                control and prevent the occurrence of bribery
B. Bribery Control Policy                                       practices or other acts of fraud/financial crimes that
   BNI’s Anti-Bribery Control Policy stipulates,                violate legislation, BNI established a Gratification
   among other things, that:                                    Control Unit (UPG), which is placed in the Compliance
   1. Maintain Integrity, Professionalism, Banker               Division to monitor and ensure that anti-bribery and
      Ethics, Transparency, Honesty, Consistency                gratification control policies and procedures are
      and always adhere to the Law and all applicable           works as they should. In accordance with applicable
      regulations as well as the Work Culture Values​​          internal regulations, BNI UPG is responsible for
      of companies and State-Owned Enterprises.                 carrying out the following tasks:
   2. Must refuse giving and receiving bribes                   1. Prepare rules, technical instructions, and
      in order to uphold the principles of Good                     other similar requirements to support the
      Corporate Governance and be free from all                     implementation of gratification control;
      forms of Corruption, Collusion and Nepotism.              2. Receive, analyze, and administer reports of
   3. All BNI and Subsidiary Company personnel                      receipt and rejection of gratification. If necessary,
      must play an active role in ensuring                          UPG can ask the recipient of the gratification for
      the implementation of the Anti-Bribery                        information regarding the completeness of the
      Management System and must report and                         gratification report.
      take firm action against all forms of violations          3. Forward reports on receipt of gratuities to the
      of the Anti-Bribery Policy.                                   Corruption Eradication Committee in accordance
   4. Support     the   independent Anti-Bribery                    with applicable regulations.
      Compliance Function to develop and                        4. Submit the results of the management of
      encourage continuous improvement of the                       gratification reports and proposed gratification
      Anti-Bribery Management System and provide                    control policies to management/Board of
      strict supervision in the implementation                      Directors.
      phase.                                                    5. Map the vulnerable points for receiving and
                                                                    giving gratuities
C. Anti-Corruption Control Policy                               6. Monitoring and evaluating the implementation
   The Anti-Corruption Control Policy at BNI                        of gratification control at BNI.
   stipulates, among other things, that:                        7. Carrying out advisory and socialization functions
   1. Maintain Integrity, Professionalism, Banker                   related to gratification control within BNI.
       Ethics, Transparency, Honesty, Consistency               8. Coordinate with related units at BNI to carry out
       and always adhere to the Law and all applicable              their duties and responsibilities as a gratification
       regulations as well as the Work Culture Values​​             control unit at BNI.
       of companies and State-Owned Enterprises.                9. Store gratification items and/or gratuity gifts
   2. Must refuse giving and receiving bribes                       and forward them to the Corruption Eradication
       in order to uphold the principles of Good                    Commission or convey them back to the reporter
       Corporate Governance and be free from all                    in accordance with the decision issued by the
       forms of Corruption, Collusion and Nepotism.                 Corruption Eradication Commission and/or UPG.

The policies mentioned above are binding and must               As part of the implementation of its main duties,
be understood and implemented seriously by all                  BNI UPG submits quarterly reports regarding the
levels of BNI personnel as part of the Code of Ethics           implementation of the Bank Gratification Control
and in order to support the implementation of GCG               Program to the Corruption Eradication Commission
principles. If there is a violation or non-compliance           (KPK). Furthermore, the Corruption Eradication
                                                                Committee (KPK) carried out an assessment of
                                                                gratification control based on 6 (six) predetermined
                                                                criteria, namely:




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  1. Internal Dissemination
  2. External Dissemination
  3. Identify risks/prone points for gratification
  4. Risk Mitigation
  5. Innovation
  6. Handling Gratification Reporting

  These criteria are the basis for the Corruption Eradication Committee (KPK) in evaluating the effectiveness
  of BNI’s gratification control programs and efforts. Thanks to the consistency and shared commitment of all
  BNI personnel, in 2024, BNI UPG succeeded in achieving a Very Good rating for the Implementation of the
  Gratification Control Program (PPG).

  GRATIFICATION REPORTING MECHANISM

  To support the effectiveness of reporting gratuities, all BNI employees are required to submit their reports
  to BNI UPG via digital reporting media, which has been provided through the Compliance Information
  Management System (CIMS) portal with the link cims.bni.co.id. This reporting facility has been integrated
  with the Online Gratification (GOL) application from the Corruption Eradication Committee so that the
  reporting process is faster, more efficient, and more transparent. Implementation instructions and technical
  instructions related to this reporting can be accessed via BNI ePP or BNI Forum.

  The explanation of the gratification reporting mechanism is as follows:

                         Online report via the Compliance
                         Information Management System
                        (CIMS) portal within a maximum of                                                                              KPK
                                  10 working days                                                                                     Decree
                                                                             Analysis &
                                                                            Verification




                                                            Gratification                         Classification &
                                                            Control Unit                         Verification by KPK
        BNI Hi-Movers                                                                              CLARIFY TIME



                                                                                                                         Owned              Owned by BNI
                                                                                                                       by the State       or Reporting Party




  DECLARATION OF INTEGRITY PACT, CODE                                             2024 GRATIFICATION REPORT
  OF ETHICS, AND ANTI-BRIBERY AND ANTI-
  CORRUPTION COMMITMENT                                                           In 2024, there were 256 reports of gratification
                                                                                  submitted by BNI employees to BNI UPG. A total
  In 2024, BNI has implemented a declaration of an                                of 44 reports were forwarded to the Corruption
  integrity pact, Code of Ethics, and anti-bribery and                            Eradication Commission as gratification reports
  anti-corruption commitments as part of efforts to                               that must be reported, while the other 212 reports
  strengthen a culture of integrity throughout the                                were included in gratuities that did not have to be
  organization. The integrity pact has been signed                                reported.
  by the entire Board of Commissioners, Board of
  Directors, and all BNI employees. This integrity pact                           ANTI-BRIBERY MANAGEMENT SYSTEM
  confirms our shared commitment to implementing                                  (SMAP)
  ethical principles and ensuring compliance with
  applicable laws and regulations. This declaration                               In addition to gratification control efforts, BNI also
  shows BNI’s seriousness in implementing                                         appointed the Compliance Division as the manager
  transparent and accountable governance while at                                 of the Anti-Bribery Management System (SMAP).
  the same time instilling a sense of responsibility                              Thus, this effort is in line with BNI’s commitment to
  in every individual within the bank to maintain                                 improve integrity and transparency in every aspect
  integrity in every aspect of work. This initiative is a                         of its operations.
  strategic step for BNI to strengthen its position as a
  bank with integrity and reliability in supporting the
  national economy.



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In addition to efforts to control gratification, BNI            3. Technical Guidance on filling out the Corruption
also appointed the Compliance Division as manager                  Prevention Guide (CEK) for the Corruption
of the Anti-Bribery Management System (SMAP).                      Eradication Commission (KPK) on the JAGA
Thus, this effort is in line with BNI’s commitment                 portal (jaga.id) for all Subsidiary Companies at
to increasing integrity and transparency in every                  BNI on March 18-21, 2024.
aspect of its operations.                                       4. Socialization of SMAP and Commemoration
                                                                   of World Anti-Corruption Day (HAKORDIA) to
On August 11, 2020, BNI succeeded in achieving ISO                 internal and external parties through video,
37001:2016 certification for the scope of Procurement              digital banners, and videotrons at the BNI Office.
of Goods and Services. Subsequently, on February 9,             5. Appeal to the Board of Directors, Board of
2022, the scope of this certification was expanded to              Commissioners, and all Divisions/Units not
cover the Corporate Credit Segment, and in 2023, the               to give/receive gratuities related to religious
certification was again expanded to cover Pension                  holidays (Imlek, Eid al-Fitr, and Christmas) and
Fund Activities. Achieving this certification shows                New Year, which are also broadcast via the BNI
that BNI has successfully managed the gratuity                     Forum, which can be accessed by all employees
control system, anti-bribery, and whistleblowing                   as well as BNI stakeholders through posters, the
system in accordance with ISO standards and                        BNI website, and national mass media.
international best practices.                                   6. Implementation of the 1st Year 2024 Surveillance
                                                                   Audit with audit results containing no major or
SOCIALIZATION OF ANTI-GRATIFICATION                                minor findings, thus showing BNI’s commitment
POLICY, GRATIFICATION REPORTING, AND                               and consistency regarding the implementation
ANTI-BRIBERY                                                       of SMAP.
                                                                7. Socialization by the Gratification Control Unit
In order to increase employee awareness in                         and/or Regional Compliance Officer (RCO),
supporting the government’s corruption prevention                  including:
and eradication program, BNI regularly conducts                    a. Sharing Session on Gratification Control and
socialization and provides training for employees                      SMAP with all Subsidiary Companies (PA)
regarding gratification and anti-bribery through                       during the PA Workshop as a BNI Financial
various channels, such as webinars, the BNI                            Conglomerate.
website, and print media. Additionally, BNI also                   b. Sharing Session on Gratification Control
utilizes internal media, including BNI Forum, BNI                      and SMAP with all organizations in Regional
Digi-HC, BNI Menyapa email, Instagram Quickpose,                       Offices and Branch Offices.
and Instagram BNI46, to reach employees and                        c. Sharing Session on Gratification Control
stakeholders.                                                          and SMAP with hibank, which is one of BNI’s
                                                                       Subsidiary Companies.
Several forms of activities, educational programs,              8. Implementation of the Compliance Forum event
and socialization that have been carried out by BNI                on August 14, 2024, with the theme “Creating
UPG in 2024 include:                                               an Anti-Corruption Culture Through Instilling
1. Submission of Gratification Acceptance and                      Integrity Values,” which invited speakers from
   Rejection Report at the BNI Forum.                              the Corruption Eradication Commission and was
2. Signing of the Gratification & Anti-Bribery                     attended by all levels of the Board of Directors,
   Declaration via the DigiHC application                          the Board of Commissioners, SEVP BNI,
                                                                   Subsidiary Companies, PAKSI, API, Millennials
                                                                   Gratuity Reporters, and all BNI employees.




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  Policy for Procurement of Goods
  and/or Services

  To ensure the smooth execution of its business                      To ensure the procurement process aligns with
  and banking operations, BNI requires goods and/or                   prevailing regulations, BNI conducts routine audits
  services aligned with its needs. These requirements                 of goods and/or services procurement to confirm
  drive BNI to conduct procurement activities in                      adherence to applicable rules and procedures.
  accordance with regulations and internal policies, as
  stipulated in the Regulation of the Minister of State-              In pursuing best practices in procurement processes,
  Owned Enterprises No. PER-02/MBU/03/2023 on                         BNI has implemented ISO 37001:2016 certification
  Guidelines for Corporate Governance and Significant                 for Anti-Bribery Management Systems (ABMS) and
  Corporate Activities of State-Owned Enterprises.                    ISO 9001:2015 certification for Quality Management
  BNI has established a written policy governing the                  Systems. This demonstrates BNI’s commitment
  procurement of goods and/or services, encapsulated                  to enforcing robust controls against gratuities,
  in its Corporate Procurement Guidelines.                            bribery, and whistleblowing systems, as well as
                                                                      its adherence to international quality management
  By adhering to regulations and internal policies                    standards established by ISO.
  concerning procurement, BNI ensures that every
  procurement process is conducted transparently                      Throughout 2024, BNI remains steadfast in applying
  and upholds high accountability standards at                        these principles to fulfill its goods and/or services
  every stage from requirement planning, supplier                     needs.
  selection, to the handover of deliverables. The aim
  is to ensure that each step is carried out efficiently,             Core Principles of Procurement [ACGS B.4.2]
  effectively, and in alignment with good governance                  Procurement at BNI is grounded in principles
  principles, maximizing benefits for both BNI and its                designed to ensure that every stage of the process
  stakeholders.                                                       is conducted in a professional, transparent, and
                                                                      responsible manner. The application of these core
  In demonstrating its commitment to environmental,                   principles ensures that BNI achieves optimal results
  social, and domestic production priorities, as well as              by effectively utilizing resources, meeting needs
  empowering Micro and Small Enterprises (MSEs),                      efficiently, and fostering fair and healthy competition.
  BNI’s procurement process does not solely focus on                  By upholding stringent ethical standards, BNI
  economic factors.                                                   commits to creating a trustworthy, open, and
                                                                      accountable procurement environment, mitigating
  During procurement execution, BNI ensures that                      potential misuse, and maximizing benefits for all
  suppliers adhere to commitments regarding                           involved parties.
  Environmental, Social, and Governance (ESG)
  standards. This approach promotes responsible                       The core procurement principles at BNI are
  procurement, enhances transparency, and minimizes                   articulated as follows:
  environmental impact.                                               1. Efficiency
                                                                          Procurement must aim to achieve the best and
  Regarding the enhancement of domestic product                           optimal results promptly by utilizing resources
  utilization in procurement, BNI supports this                           prudently, not merely focusing on the lowest
  initiative by requiring suppliers to possess Domestic                   price. Exceptions apply to strategic procurements
  Content Certification (TKDN) in compliance with                         of significant value, where total cost of ownership
  applicable regulations. Additionally, BNI empowers                      (TCO) approaches may be considered.
  MSE suppliers to meet its goods and/or service
  requirements.




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2. Effectiveness                                                    The procurement ethics at BNI include:
   Procurement must align with established needs                    1. Performing tasks diligently and responsibly to
   and deliver maximum benefits in achieving the                       achieve procurement objectives and ensure
   specified objectives.                                               smooth and timely execution.
3. Competitiveness                                                  2. Working professionally and independently while
   Procurement must be open to qualified suppliers                     safeguarding confidential information to prevent
   and conducted through fair competition among                        procurement irregularities.
   equivalent vendors, adhering to clear and                        3. Avoiding any direct or indirect influence that may
   transparent rules and procedures.                                   lead to unhealthy business competition.
4. Transparency                                                     4. Accepting and being accountable for all decisions
   All procurement-related information, including                      made based on written agreements with relevant
   administrative and technical requirements,                          parties.
   evaluation methods, evaluation results, and                      5. Preventing and avoiding conflicts of interest with
   supplier selection, must be accessible to                           any related parties that may result in unhealthy
   interested suppliers.                                               business competition.
5. Fairness and Reasonableness                                      6. Preventing and avoiding financial wastage and
   BNI ensures equal treatment for all eligible                        leakage.
   suppliers during the procurement process.                        7. Avoiding and preventing abuse of authority and/
6. Openness                                                            or collusion.
   Procurement is accessible to all qualified                       8. Refraining from offering, promising, or accepting
   suppliers.                                                          gifts, rewards, commissions, rebates, or any
7. Accountability                                                      other compensation from and for anyone related
   Procurement must achieve targeted goals and be                      to procurement activities.
   defensible, thereby minimizing the risk of misuse
   or deviation.                                                    Methods and Mechanisms of Procurement
                                                                    of Goods and/Services [ACGS: B.4.2]
Ethics in Procurement [ACGS: B.4.2]                                 To achieve efficiency and effectiveness in procuring
BNI firmly establishes procurement ethics for all                   goods and services, BNI employs various methods
parties involved. These ethics in procurement are                   tailored to the characteristics and requirements
upheld to promote sound procurement practices,                      of each project. Procurement processes at BNI
enhance budget efficiency, minimize budget leakage,                 are conducted through methods such as Open
and ensure a clean procurement process.                             Tender, Limited Tender, Direct Appointment, Direct
                                                                    Procurement, and Self-Management. Each method
                                                                    has specific criteria to ensure alignment with the
                                                                    objectives and principles of efficient and effective
                                                                    procurement.




The mechanisms for each procurement method are outlined accordingly:
        Goods and Services
                                                                       Implementation Mechanism
       Procurement Methods
Tender                                   Procurement of goods and/or services that are widely announced through mass media
                                         in order to provide opportunities for qualified goods and/or services providers to take
                                         part in the auction.
Limited Tender                           Procurement of goods and/or services offered to several parties is limited to at least two
                                         bids.
Direct Appointment                       Procurement of goods and/or services carried out directly by appointing one Goods and/
                                         or Services Provider or appointment through a beauty contest by taking into account the
                                         requirements of Direct Appointment.
Direct Procurement                       Purchase of goods available in the market, thus the value is based on market prices,
                                         including e-purchasing.
Swakelola                                Implementation of work done and/or supervised by BNI.




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  Overview of Goods and/or Services Procurement Procedures [ACGS: B.4.2]
   Terms                                     The procurement of goods and/or services is governed by both external regulations
                                             and internal provisions (Corporate Guidelines).
   Centralisation of Procurement             In principle, the procurement process adheres to a centralized system to ensure
                                             efficiency, effectiveness, and security. However, in certain instances, a decentralized
                                             procurement approach may be adopted to optimize the functions and authority of
                                             individual units while providing opportunities for local partners to participate in the
                                             procurement of goods and/or services.
   Procurement Strategy                      1. Enhancement of management quality
                                             2. Implementation of open contracts and framework agreements to secure the best
                                                pricing
                                             3. Segregation of procurement functions based on the type of work or goods
                                             4. Improvement of vendor management policies, particularly regarding vendor
                                                acquisition based on classification or tiering
                                             5. Digitization of the procurement process.
   Separation of Functions                   Separation of functions between the unit processing procurement and:
                                             1. User Unit;
                                             2. Procurement Unit that carries out the procurement process;
                                             3. Vendor Management Unit that selects potential partners and recommends a list of
                                                procurement participants;
                                             4. Unit that analyzes and prepares price reasonableness (Internal Price Estimate);
                                             5. Unit that drafts contracts;
                                             6. Unit that reviews the completeness of payment document requirements;
                                             7. Unit that supervises and controls the project according to contract documents until
                                                project handover.
    Leveling of Deciding Authority           The authority to decide on procurement is structured hierarchically, considering the
                                             level of risk and the procurement value, with decision-making conducted through the
                                             Procurement Committee mechanism.




  PROCUREMENT THROUGH THE                                               to support its transformation strategy toward digital
  ELECTRONIC PROCUREMENT SYSTEM                                         banking, enabling the organization to compete in an
  (E-PROC)                                                              increasingly digitalized banking industry. The BNI
                                                                        e-Proc system offers digitization of procurement
  The procurement process for goods and/or services                     processes through modules such as Procurement
  at BNI is conducted electronically via a web/                         Management, Vendor Management, and Contract
  internet-based system utilizing communication                         Management.
  and information technology. Through this policy,
  all involved parties, including vendors/prospective                   The electronic procurement policy through BNI’s
  partners,     partners/prospective     procurement                    e-Proc is expected to enhance the quality of
  participants, and the procurement committee, are                      procurement process management by ensuring
  connected online through an end-to-end platform                       transparency    and     accountability,    improving
  that encompasses partner registration, procurement                    procurement efficiency, supporting monitoring and
  stages, compliance tests, contract signing, and                       audit processes, and providing real-time and equal
  payment processes.                                                    access to information for all partners involved in the
                                                                        procurement process.
  The Electronic Procurement System (e-Proc) can be
  accessed via the BNI Corporate Website and the link:                  Since 2018, e-Procurement has been implemented at
  [https://e-proc.bni.co.id](https://e-proc.bni.co.id).                 the Head Office, aiming to integrate and effectively
  The design and policies of BNI’s e-Proc system aim                    monitor all procurement processes conducted there.




                                                                                                             2024 Annual Report
                                                                                           PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                    1041
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                                        Performa          Management        Company       Management Discussion and         Business Support
                                          2024              Report           Profile    Analysis on Company Performance        Functions



FLOW OF PROCUREMENT PROCESS THROUGH ELECTRONIC PROCUREMENT (E-PROC)
APPLICATION




       PARTNER                 PROCUREMENT                      E-AUCTION                  ISSUANCE OF               COMPLIANCE
                                                                                             CONTRACT


    • Registration             • Requirements                 • Assessment methods          • Preparation of
    • Filling out              • Proposed                       and HPS                       draft contracts/
        registration form        procurement plan             • Implementation of             agreements
    • Registration             • Announcement                   auction                     • Submission of
        and verification       • Registration                                                 draft to vendor
        checklist              • DRTU Selection                                             • Final delivery
    • OTS                      • Aanwijzing                                                   of contract to              Compliance
    • Interviews               • Technical Evaluation               Delivery                  vendor
    • Suggestions              • Clarification of                  Monitoring               • Contract
    • I ssuance of TDR           Financial Structure                                          maintenance
    • Reports and data         • HPS
        requests               • Financial Evaluation
    • Update and               • Clarification (option)
        renewal                • Compliance checklist
    • Vendor                   • Nominator’s proposal
        performance            • Rebuttal period
                               • Letter of                                                   Payment voucher               Payment
                                 appointment/ SPK




                                                   MONITORING
         VENDOR
        PELAPOR                                                                              CONTRACT                  PAYMENT
       MANAGEMENT                                 PROCUREMENT                               MANAGEMENT               MANAGEMENT
                                                  MANAGEMENT




CERTIFICATIONS RELATED TO THE MANAGEMENT OF PROCUREMENT OF GOODS AND/OR
SERVICES
ISO 37001:2016 Anti-bribery In an effort to enhance integrity and transparency, BNI successfully obtained the SNI ISO
                            37001:2016 certification for its Anti-Bribery Management System on August 11, 2020,
   Management System        specifically covering the scope of Goods and Services Procurement. This certification
                                             was renewed on January 1, 2024, and is valid for three years, encompassing the Goods
                                             and Services Procurement Process, Corporate Credit Segment, and Pension Funds. BNI
                                             is committed to conducting all its activities based on principles of accountability and
                                             responsibility, implementing the AKHLAK values as the foundation of corporate governance,
                                             adhering to Principle 46, and complying with BNI’s Code of Ethics and applicable regulations.

                                             As a tangible manifestation of this commitment, BNI strives to:
                                             1. Uphold honest, sincere, and disciplined behavior, and act with consistency and
                                                responsibility;
                                             2. Implement statutory and internal regulations related to the Anti-Bribery Management
                                                System in every action and decision-making process;
                                             3. Take a firm stance against all forms of bribery to establish good corporate governance
                                                and eliminate Corruption, Collusion, and Nepotism (CCN);
                                             4. Actively ensure the implementation of the Anti-Bribery Management System, including
                                                reporting suspected violations of anti-bribery policies in accordance with the mechanisms
                                                in place at PT Bank Negara Indonesia (Persero) Tbk;
                                             5. Accept the sanctions determined by the company if found in violation of the anti-bribery
                                                policy.

                                             To combat CCN (Corruption, Collusion, and Nepotism) practices and bribery, BNI has
                                             designated the Compliance Division as an independent function responsible for developing
                                             and overseeing the implementation of the Anti-Bribery Management System. This unit is
                                             also authorized to take decisive actions against any violations. To ensure the Anti-Bribery
                                             Management System policy is well-received by all internal and external stakeholders,
                                             socialization efforts targeting the BNI environment and other stakeholders remain crucial.

                                             In 2024, BNI successfully maintained its Anti-Bribery Management System Certification after
                                             undergoing a re-certification audit of goods and/or services procurement in 2023.



1042     Transforming the Future, Empowering Indonesia
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Capital & Risk Management                                                                        Good Corporate                                                          Social & Environmental       ESG            Financial
         Practices                                                                                Governance                                                                 Responsibility        Commitment       Statements



            ISO 9001:2015 Quality                                                                                                                                        To improve the quality of the management of Own Estimate Price (HPS) in accordance
                                                                                                                                                                         with international standards, BNI has successfully obtained ISO 9001:2015 certification in
            Management System                                                                                                                                            the field of Quality Management System for the management of Own Estimate Price. This
           for Own Estimate Price                                                                                                                                        certification reflects BNI's commitment to being a reliable service provider for customers, by
                Section (HPS)                                                                                                                                            offering fair and timely prices, and complying with all applicable laws and regulations. BNI
                                                                                                                                                                         also continues to make continuous improvements to improve service quality in accordance
                                                                                                                                                                         with international standards and practices.

                                                                                                                                                                         In 2024, BNI successfully maintained the second Surveillance Audit for ISO 9001:2015 Quality
     Your reference/letter of        Our reference/name       Tel. Extension/Email             Fax. Extension             Date                                Page
                                                                                                                                                                         Management System Certification in the Self Estimate Price (HPS) function.
     MS-2409005                      Yuan Handayana           +62-21-2903 5015                 +62-21-5140 0996           23 December 2024                    1/1
                                                              Yuan.HANDAYANA@tuv-sud.co.id




                                                             To Whom It May Concern

         Dear Sir/ Madam,

         On behalf of TÜV SÜD Indonesia, I am pleased to inform that:

         PT Bank Negara Indonesia (Persero) Tbk - Unit Harga Perkiraan Sendiri Divisi PFA
         Plaza BNI BSD Lantai 5 CBD BSD City, Lot 1 No.5 Jl. Pahlawan Seribu Lengkong Gudang
         Serpong ID - 15130 Tangerang Selatan

         Has successfully completed ISO 900:2015 Quality Management System Transfer Surveil-
         lance Audit as follow:
         The audit has conducted on 7 November 2024

         For the scope:
         Provision of Estimation Processes

         Therefore, the organization will be recommended for award certification.
         The original certificate is currently in progress.

         This reference letter is given to be used as appropriate. Please do not hesitate to contact us
         for any further clarification. Thank you.

         Yours sincerely,




         Yuan Handayana
         President Director
         PT TÜV SÜD Indonesia


              e




                                                                                          Telephone: +62 21 2903 5015          PT TÜV SÜD Indonesia.
                                                                                          Fax No.: +62 21 5140 0996            Indonesia Stock Exchange Building
                                                                                          www.tuv-sud.co.id                    Tower I. 8 Floor Suite 806
                                                                                                                               Jl. Jenderal Sudirman, Kav 52-53, Lot 2
                                                                                                                               Jakarta Selatan 12190




      ISO 9001:2015 Quality                                                                                                                                              BNI's commitment to improving the quality of vendor management in accordance with
                                                                                                                                                                         international standards is demonstrated through its ISO 9001:2015 certification for Quality
     Management System in                                                                                                                                                Management Systems in Vendor Management. This certification serves as tangible evidence
     the Vendor Management                                                                                                                                               of BNI's dedication to providing reliable and professional vendor services to ensure the
             Section                                                                                                                                                     smooth execution of goods and/or services procurement processes. With this certification,
                                                                                                                                                                         BNI not only highlights its ability to recommend high-quality vendors that meet specifications
                                                                                                                                                                         but also affirms that its vendor management processes comply with global quality
                                                                                                                                                                         standards. This instills greater confidence among BNI’s business partners and customers
                                                                                                                                                                         that all procurement processes are managed with transparency and high professionalism.
          Your reference/letter of      Our reference/name     Tel. Extension/Email           Fax. Extension            Date                            Page
          MS-2409005                    Yuan Handayana         +62-21-2903 5015
                                                               Yuan.HANDAYANA@tuv-sud.co.id
                                                                                              +62-21-5140 0996          23 December 2024                1/1
                                                                                                                                                                         Moreover, BNI consistently conducts evaluations and continuous improvements to enhance
                                                                                                                                                                         the quality of its vendor management services. In 2024, BNI successfully maintained its
                                                                                                                                                                         Surveillance Audit, reaffirming its commitment to upholding high-quality standards in all
                                                             To Whom It May Concern

                  Dear Sir/ Madam,

                  On behalf of TÜV SÜD Indonesia, I am pleased to inform that:
                                                                                                                                                                         aspects of vendor management.
                  PT Bank Negara Indonesia (Persero) Tbk - Unit Vendor Management Divisi PFA

                                                                                                                                                                         This achievement further solidifies BNI's position as a bank that implements best practices
                  Plaza BNI BSD Lantai 5 CBD BSD City, Lot 1 No.5 Jl. Pahlawan Seribu Lengkong Gudang
                  Serpong ID - 15130 Tangerang Selatan

                  Has successfully completed ISO 900:2015 Quality Management System Transfer Surveil-
                  lance Audit as follow:
                                                                                                                                                                         in vendor management, ensuring that all procurement processes adhere to international
                  The audit has conducted on 11 November 2024
                                                                                                                                                                         standards and practices to achieve sustainable operational excellence.
                  For the scope:
                  Provision of Vendor Management Processes Including Registration, Clarification, Classifica-
                  tion and Evaluation

                  Therefore, the organization will be recommended for award certification.
                  The original certificate is currently in progress.

                  This reference letter is given to be used as appropriate. Please do not hesitate to contact us
                  for any further clarification. Thank you.

                  Yours sincerely,




                  Yuan Handayana
                  President Director
                  PT TÜV SÜD Indonesia

                    e




                                                                                          Telephone: +62 21 2903 5015      PT TÜV SÜD Indonesia.
                                                                                          Fax No.: +62 21 5140 0996        Indonesia Stock Exchange Building
                                                                                          www.tuv-sud.co.id                Tower I. 8 Floor Suite 806
                                                                                                                           Jl. Jenderal Sudirman, Kav 52-53, Lot 2
                                                                                                                           Jakarta Selatan 12190




  PARTNER EVALUATION (DUE DILIGENCE) IN 2024

  Each year, BNI performs comprehensive partner evaluations (due diligence) as part of its efforts to ensure
  that all business partners collaborating with BNI meet the established quality and compliance standards.

  The due diligence process involves an in-depth assessment of legal, operational, financial, and experiential
  aspects. Additionally, BNI conducts checks on the reputational aspects of its partners. BNI ensures that
  all partners comply with Good Corporate Governance (GCG) principles, sustainability standards, and
  applicable laws and regulations. By implementing rigorous due diligence, BNI is committed to minimizing
  operational and reputational risks while ensuring that partners involved in the procurement of goods and
  services effectively support BNI’s strategic objectives.




                                                                                                                                                                                                                                          2024 Annual Report
                                                                                                                                                                                                                        PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                                                                                                                  1043
Page 443
                                     Performa      Management         Company          Management Discussion and       Business Support
                                       2024          Report            Profile       Analysis on Company Performance      Functions




Company
Code Of Ethics                                  [ACGS D.2.1, D.2.2, D.2.3]




BNI has established and implemented a Code of                       11. Refrain from being members or donors of
Ethics (Code of Conduct) that explicitly regulates                      political parties.
matters related to the value system, business                       12. Avoid disseminating false information about
ethics, work ethics, commitment, and enforcement                        BNI.
of company regulations in conducting business                       13. Refrain from using BNI’s assets for personal
and other activities. This guideline also clearly                       interests.
outlines permissible and impermissible conduct or                   14. Avoid misusing BNI’s Corporate Identity for
interactions between employees, customers, and                          personal gain.
other stakeholders.
                                                                    Applicability of the Code of Ethics Across
The formulation of BNI’s Code of Ethics is                          Organizational Levels [ACGS D.2.1 D.2.2]
consistently based on principles aligned with BNI’s                 The Code of Ethics is binding and must be adhered
vision, mission, and core values, while considering                 to by all BNI employees, both permanent and
internal regulations and relevant developments.                     non-permanent, across all organizational levels,
The Code of Ethics serves as a reference for all BNI                including the Board of Directors and Board of
Hi-Movers in their actions and decision-making,                     Commissioners. The commitment of all BNI Hi-
ensuring they work professionally and adhere to the                 Movers to comply with the Code of Ethics in every
highest ethical standards.                                          activity and daily task is formalized in the Integrity
                                                                    Pact, which every BNI employee is required to sign.
Key Principles of the Code of Ethics [ACGS D.2.1]                   This written guideline aims to foster awareness
All BNI Hi-Movers are required to comply with the                   among employees to uphold the highest ethical
14 (fourteen) key principles of BNI’s Code of Ethics                standards, thereby enhancing positive perceptions
as follows:                                                         and strengthening the Bank’s reputation among
1. Act professionally, upholding the cultural values                stakeholders.
    of Beliefs and Core Values AKHLAK.
2. Serve as role models and remind subordinates,                    Code of Ethics Related to Anti-Corruption
    superiors, colleagues, and partners to adhere to                [ACGS B.4.5, D.2.1, D.2.2]
    the BNI Code of Ethics.                                         BNI is committed to fostering an anti-corruption
3. Maintain good relationships among fellow BNI                     culture among all employees by creating a conducive,
    Hi-Movers.                                                      healthy, and corruption-free work environment.
4. Safeguard the confidentiality of bank and                        This commitment is demonstrated through the
    position-related information.                                   establishment of the Gratification Control Unit (UPG),
5. Ensure workplace security.                                       initiated by the signing of the Anti-Gratification
6. Protect health, natural resources, and the                       Commitment between BNI’s President Director
    environment.                                                    and the Chairman of the Corruption Eradication
7. Record, report, and administer work accurately,                  Commission (KPK) on October 17, 2016.This initiative
    honestly, and properly.                                         underscores BNI’s strong commitment to complying
8. Prevent conflicts of interest that could harm BNI’s              with anti-corruption regulations and ensuring
    interests.                                                      business activities are conducted prudently. The
9. Neither give nor accept gifts in any form, directly              anti-corruption policy contained in the BNI Code of
    or indirectly, from any party related to duties and             Ethics includes not giving or receiving gifts in any
    responsibilities.                                               form, directly or indirectly from any party, related to
10. Act as a spokesperson, provided it benefits BNI.                duties and responsibilities.




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         Practices           Governance          Responsibility       Commitment   Statements



  Code of Ethics Related to Vendors [ACGS D.2.1]                      Dissemination and Socialization of the Code
  BNI frequently engages third parties to support the                 of Ethics [ACGS D.2.1]
  smooth operation of the Bank’s activities. In line                  To build a corporate culture based on good
  with the application of an anti-corruption culture,                 governance values, BNI consistently communicates
  BNI ensures that all employees understand and                       and internalizes the core principles of the Code of
  practice sound business ethics as outlined in BNI’s                 Ethics to all BNI Hi-Movers, whether based at the
  Code of Ethics, particularly regarding professional                 Head Office, Regional Offices, or branch offices.
  relationships with vendors. Anti-corruption policies                The methods used to socialize BNI’s Code of Ethics
  concerning vendors, as stipulated in BNI’s Code of                  include:
  Ethics, include:                                                    1) Providing the Code of Ethics in a Pocketbook
  1. Working professionally and independently                            format distributed to all BNI employees.
     while maintaining confidentiality to prevent                     2) Making the Code of Ethics available as e-learning
     irregularities in procurement processes.                            accessible to all BNI employees.
  2. Avoiding direct or indirect influence that may                   3) Conducting sharing sessions within each
     result in unhealthy business competition.                           Division/Work Unit at BNI.
  3. Accepting and being accountable for decisions                    4) Using digital internal publication media (DigiHC,
     made in accordance with written agreements                          BNI Smarter, BNI CorpuTV, BNI Menyapa,
     with related parties.                                               Sinergi Magazine, and the BNI Forum website),
  4. Preventing and avoiding conflicts of interest with                  accessible to all BNI employees at the Head
     related parties that could affect fair business                     Office, Regional Offices, and Branch Offices, as
     competition.                                                        well as on internal social media accounts and
  5. Striving to prevent waste and financial leakage of                  Instagram at @ quickpose.
     public or corporate funds.
  6. Preventing the misuse of authority and collusion                 Efforts to disseminate the Code of Ethics also include
     practices that could harm the procurement                        conducting regular GCG and Code of Ethics training
     process.                                                         for all BNI Hi-Movers, whether newly recruited or
  7. Avoiding offering, promising, or accepting gifts,                experienced employees, supplemented by coaching
     rewards, commissions, rebates, or other forms of                 from respective supervisors.
     compensation related to goods and/or services
     procurement.                                                     By implementing strict oversight mechanisms to
                                                                      ensure effective application and understanding of
  Signing of the Integrity Pact [ACGS D.2.1]                          the Code of Ethics among all BNI Hi-Movers, BNI has
  At the beginning of each year, all BNI Hi-Movers                    also imposed firm sanctions on employees found to
  at all organizational levels sign an Employee                       have violated the Code of Ethics. This is intended to
  Integrity Pact. This pact contains the code of ethics               deter violators and provide a learning opportunity
  that all employees must implement as part of                        for others to always comply with BNI’s Code of
  their responsibility to perform their duties with                   Ethics.
  transparency and professionalism.The signing of the
  Integrity Pact aims to ensure a clear understanding                 Efforts to Enforce the Code of Ethics
  of its contents by each individual. It also emphasizes              Through Various Media [ACGS D.2.1, D.2.3]
  the commitment to reject all forms of corruption,                   The implementation and enforcement of the
  gratification, bribery, and other ethical violations.               Code of Ethics are integral to the stages of GCG
                                                                      implementation, realized through awareness and
  In 2024, the Employee Integrity Pact signing was                    internalization programs. BNI is committed to
  conducted on [date] and achieved full participation,                developing and applying GCG principles in all Bank
  with 100% of employees signing. Through this                        activities across all organizational levels, from the
  initiative, BNI seeks to establish a work environment               grassroots to top management. Therefore, the Code
  founded on honesty and transparency principles,                     of Ethics serves as a behavioral reference for the
  thereby strengthening good governance across all                    Board of Commissioners, Directors, and employees
  operational aspects of the Bank.                                    in achieving the Bank’s Vision and Mission.




                                                                                                         2024 Annual Report
                                                                                       PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                1045
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                                      Performa      Management       Company         Management Discussion and       Business Support
                                        2024          Report          Profile      Analysis on Company Performance      Functions



To uphold the positive values embedded in                          In addition to relying on the WBS, to facilitate the
BNI’s Code of Ethics, the Bank conducts regular                    identification process of violations of the Code
monitoring towards Code of Ethics compliance                       of Ethics that occur, BNI also provides internal
and provides a whistleblowing system (WBS) for                     communication channels as a means of reporting
reporting violations of the Code of Ethics which is                violations of the Code of Ethics, including:
regulated separately in BNI’s whistleblowing system                a) Website: http://bni-transparan.tipoffs.com.sg
(WBS). Every employee can report deviations from                   b) e-Mail: bni-transparan@tipoffs.com.sg
the Code of Ethics and get a guarantee of protection               c) Telephone: 021 - 57853377
of the reporter’s identity. In order for reports of                d) SMS & Whatsapp: 0811-970-1946
irregularities to be processed further, each report                e) Mail: BNI Transparan, P.O. BOX 2646, JKP 10026
must be accompanied by accurate data and/or
evidence so that the violation can be processed                    Compliance with the Code of Ethics reflects the
further. Any violation of the Code of Ethics will be               Bank’s commitment to adhering to legal regulations
subject to sanctions in accordance with applicable                 and applying the highest ethical standards in all
regulations and the imposition of sanctions is non-                business and operational aspects, regardless of
discriminatory.                                                    BNI’s operational locations. BNI’s management
                                                                   must not only follow prevailing laws but also uphold
                                                                   ethical norms and values.




Types and Forms of Sanctions for Violations of the Code of Ethics [ACGS D.2.1]
Employees proven to have violated the Code of Ethics will be subject to strict sanctions according to the
severity of their violations. Details regarding the types of violations and the corresponding sanctions are
outlined in the following table:
    Principal Sanctions                                           Jenis Pelanggaran Kode Etik

Preliminary Guidance Letter     Violations of critical activities are determined as those that have not caused any losses to BNI.
Letter of Guidance (SP)         Violations of rules, policies, procedures, and obligations that do not result in any losses.
Letter of Reprimand (STE)       Violations of rules, policies, procedures, and obligations that result in non-material losses.
Letter of Strong Reprimand      Violations of policies, procedures, and obligations that result in both material and non-
(STK)                           material losses.
Demotion                        Violations of policies, procedures, and obligations that cause material losses but do not
                                involve fraud, deception, fictitious activities, manipulation, and/or gratuities.
Termination of Employment Violations of policies, procedures, and obligations that cause intentional material losses and
(PHK)                     involve elements of manipulation, fraud, and/or fictitious transactions.



Ethics Code Violations and Their Handling in 2024 [ACGS D.2.1]
Throughout 2024, there were 80 violations of the Code of Ethics at BNI. This number is higher than the 77
Code of Ethics violations that occurred in the previous year. Against all violations of the Code of Ethics that
occurred in 2024, BNI has taken appropriate measures by providing sanctions, as described in the following
table:
                          Principal Sanctions                                   2024                2023               2022

Letter of Guidance                                                                7                   9                  4
Letter of Reprimand                                                               4                   2                  1
Letter of Strong Reprimand                                                        5                   3                  7
Demotion                                                                          4                   3                  3
Termination of Employment                                                        60                   60                 73
Total                                                                            80                   77                 88




1046    Transforming the Future, Empowering Indonesia
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Capital & Risk Management       Good Corporate       Social & Environmental           ESG            Financial
         Practices               Governance              Responsibility            Commitment       Statements


  Trends in Code of Ethics Violation Sanctions 2022-2024


                                                                                                                          73



                                                                                                                                60    60




                            9
                                    7                                   7
                  4                                                                    5
                                                             4                 3                3       3        4
                                                 1     2


                Letter of Guidance         Letter of Reprimand          Letter of Strong            Demotion              Termination of
                                                                          Reprimand                                        Employment

                                                           2022                2023                  2024




  Corporate Values and Culture
  As one of the State-Owned Enterprises (SOEs), BNI upholds the core values of “AKHLAK” as its principal
  values. AKHLAK, which stands for Amanah (Trustworthy), Kompeten (Competent), Harmonis (Harmonious),
  Loyal (Loyal), Adaptif (Adaptive), and Kolaboratif (Collaborative), has been established as the corporate
  culture. These values must be implemented by all BNI Hi-Movers in carrying out their daily duties.

                                                                      Core Values


         manah                      ompeten                   armonis                 oyal                       daptif               olaboratif


  Code of Conduct [ACGS D.2.1]
  BNI has established 18 guiding principles of behavior as follows:
  1. Fulfill promises and commitments made.
  2. Take responsibility for every task, decision, and action undertaken.
  3. Uphold moral and ethical values.
  4. Enhance personal competence to face ever-evolving challenges.
  5. Assist others in learning and developing.
  6. Complete duties with the highest quality.
  7. Respect every individual regardless of their background.
  8. Derive joy from helping others.
  9. Foster harmonious and conducive work environment.
  10. Safeguard the reputation of colleagues, leaders, the State-Owned Enterprises (SOEs), and the nation.
  11. Be willing to make sacrifices for greater objectives.
  12. Comply with leadership directives unless they conflict with laws and ethics.
  13. Adapt swiftly to improve continuously.
  14. Strive for ongoing improvements.
  15. Act proactively.
  16. Provide opportunities for all parties to contribute.
  17. Embrace openness in collaboration to create added value.
  18. Mobilize resources effectively to achieve shared goals.




                                                                                                                          2024 Annual Report
                                                                                                        PT Bank Negara Indonesia (Persero) Tbk
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Allocation of Funds
for Social and Political Activities

BNI actively contributes to improving community                 for social activities through the TJSL Program
welfare and enhancing environmental conditions                  throughout 2024 amounted to IDR129.9 billion.
through its Social and Environmental Responsibility
(TJSL) Program, which is strategically designed to              BNI has a policy that prohibits BNI Hi-Movers from
meet the specific needs of beneficiaries, particularly          becoming members and/or donors of political
communities around the Bank’s operational                       parties, as well as from providing funds for political
areas. BNI consistently allocates funds for the                 activities throughout 2024 and in previous years.
implementation of the TJSL Program as part of the
Company’s long-term commitment and contribution
to the environment and society. The budget realized




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Capital & Risk Management   Good Corporate   Social & Environmental      ESG        Financial
         Practices           Governance          Responsibility       Commitment   Statements




  Provision of Funds for Related Parties and
  Provision of Large Exposure                                                             [ACGS C.4]




  BNI has policies and procedures regarding the Legal                 1. Management pays special attention to providing
  Lending Limit (LLL), provision of loans to Parties                     large amounts of loans, which includes providing
  Related to the Bank and a policy that regulates loan                   funds to debtors using various risk measurement
  limits per industrial sector, along with monitoring                    systems. This system includes the Internal
  and settlement. BNI periodically holds meetings of                     Rating System (for corporations, commercial
  the Credit Procedures Committee and Credit Policy                      businesses, and small businesses), Loan Portfolio
  Committee as well as Board of Directors meetings                       Management, and Loan Exposure Limit (based
  to discuss matters related to policies, procedures,                    on segment, economic sector, and region), as
  and operational implementation in the loan sector                      well as the Legal Lending Limit (LLL), which is
  in order to minimize loan risk.                                        regulated through the Internal House Limit and
                                                                         Country Exposure Limit.
  In accordance with POJK concerning the                              2. Capital and Capital Adequacy Ratio (CAR)
  Implementation of Commercial Bank Governance,                          reporting is carried out periodically to
  BNI always applies the principle of prudence in                        management and all related units to serve as
  providing funds to related parties and providing large                 a guideline in carrying out business activities,
  exposures at least by implementing the distribution                    especially in the provision of funds.
  or diversification of the portfolio of funds provided.
  The policy for disclosing the provision of funds to                 POLICY ON PROVISION OF FUNDS TO
  related parties (individuals or groups, including the               RELATED PARTIES [ACGS C.4.1]
  Board of Directors, Board of Commissioners, Bank
  Executive Officers, and other related parties) and the              In providing approval for the provision of funds to
  provision of large exposure refers to SE OJK No. 13/                related parties, BNI always pays attention to internal
  SEOJK.03/2017 concerning the Implementation of                      provisions and OJK regulations as well as applicable
  Governance for Commercial Banks on Transparency                     laws and regulations, including aspects of the Legal
  in the Implementation of Governance section.                        Lending Limit (LLL). The Bank always prioritizes
                                                                      prudential banking principles in channeling funding
  To ensure that the provision of funds to related                    to related parties and also to debtors by carrying
  parties and in large amounts is in accordance with                  out a tiered review process and implementing
  the prudent principle, BNI has implemented an                       mechanisms that apply internally at BNI.
  adequate internal control system as follows:
  1. Establish clear policies and procedures at each                  For material transactions with related parties and
     stage of the loan granting process;                              transactions that have the potential to cause a
  2. Provision of funds to related parties must obtain                conflict of interest for the Bank, approval from
     approval from the Board of Commissioners.                        the Board of Commissioners must be based on
  3. The provision of funds above a certain                           recommendations from the Audit Committee
     nominal amount is consulted with the Board of                    given before carrying out material transactions
     Commissioners.                                                   with affiliated parties. These transactions must
  4. Internal Audit carries out checks based on risk                  be submitted to the OJK and submitted as part of
     assessment to ensure the adequacy of risk                        the Bank’s information disclosure to the public in
     management and internal control, including in                    accordance with the provisions of POJK No. 42/
     the loan granting process.                                       POJK.04/2020 concerning Affiliate Transactions and
                                                                      Conflicts of Interest and POJK No. 17/POJK.04/2020
  In providing funding approval to related parties or                 concerning Material Transactions and Changes in
  large exposures, BNI focuses on the following:                      Business Activities.

                                                                      In 2024, BNI did not carry out material transactions
                                                                      with affiliated parties that contain conflicts of
                                                                      interest. [ACGS A.8.1]




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POLICY ON PROVISION OF LARGE                                         In 2024, there were no violations or exceedances of
EXPOSURE                                                             the LLL in the provision of large exposures to parties
                                                                     related to the Bank. In detail, information regarding
Provision of large exposures is the nominal provision                the provision of funds to related parties, namely
of funds to 1 (one) borrower or 1 (one) group of                     regarding the nature of the relationship, nature of
borrowers other than Related Parties amounting to                    transactions, and transaction value during 2024,
10% or more of the core capital (Tier 1) of the Bank.                has been disclosed in the Notes to the Consolidated
The provision of large exposures must be analyzed                    Financial Statements, which are part of this Annual
for feasibility, at least the same or more prudent than              Report.
the provision of funds to general debtors. The terms
and conditions for providing funds are applied in
accordance with the loan provisions and procedures
applicable at BNI.




REPORTING AND DISCLOSURE

BNI submits LLL reports regularly and on time to the OJK or Bank Indonesia. Information regarding the
Provision of Funds to Related Parties and to Individual and Group Core Debtors (Large Exposure) at BNI
during 2024, is as follows:
                                                                       2024                                      2023

                 Provision of Funds                                             Nominal                                   Nominal
                                                        Number of                                  Number of
                                                                                Amount                                    Amount
                                                         Debtors                                    Debtors
                                                                              (IDR billion)                             (IDR billion)
To Related Parties                                         341                   2,191,892             319                 1,837,129
To Debtors:                                                     20            237,908,427               20              213,772,386
a) Individuals                                                   2               27,407,091               2              24,748,306
b) Group                                                        18            210,501,336               18              189,024,080




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  Provision of Credit to
  Related Parties

  As part of BNI’s commitment to implementing                            official who is directly responsible to the Board
  responsible banking practices, the Bank has                            of Directors or has a significant influence on the
  established measurable policies in terms of                            Bank’s policies and/or operations, namely division
  providing credit to related parties by referring to the                heads, regional office heads, branch office heads,
  provisions of POJK No. 32/POJK.03/2018 (“POJK                          functional office heads whose positions are at
  32/2018”) concerning the Legal Lending Limit for                       least equivalent to branch office heads, heads of
  Providing Credit and Providing Large Funds for                         risk management work units, compliance work
  Commercial Banks as amended by POJK No. 38/                            unit heads, and internal audit work unit heads,
  POJK.03/2019 Article 5, which states that the entire                   and/or other equivalent officials.
  portfolio of Provision of Funds to Parties Related to               e. Parties who have horizontal or vertical familial
  the Bank is set at a maximum of 10% (ten percent)                      relationships:
  of the Bank’s Capital. A maximum limit of 10% is                       1) From individuals who control the Bank as
  imposed to manage risk exposure and maintain the                           referred to in letter a; and
  Bank’s financial stability. Meanwhile, the definition                  2) From members of the Board of Directors and/
  of Provision of Funds includes the activity of                             or members of the Board of Commissioners
  investing Bank funds in the form of, among other                           at the Bank as referred to in letter d.
  things, credit, securities, placements, claims on                      Horizontal or vertical family relationships,
  securities purchased with an agreement to resell                       namely:
  (reverse repo), and others.                                            - biological/step/adoptive parents;
                                                                         - biological/step/adopted siblings;
  The policy regarding Providing Credit to Related                       - biological/step/adopted children;
  Parties at BNI is contained in Company Guidelines                      - biological/step/adoptive       grandfather     or
  No. IN/640/PGV/010 dated December 16, 2024. This                           grandmother;
  policy stipulates that Banks are prohibited from                       - biological/step/adopted grandchildren;
  providing Fund Provisions (hereinafter referred to                     - biological/step/adopted siblings of parents;
  as “Providing Credit”) to Related Parties without                      - husband or wife;
  approval from the Board of Commissioners and                           - parents in law;
  does not conflict with general Fund Provision                          - husband or wife of biological/step/adopted
  procedures. In addition, the provision of credit to                        children;
  prospective debtors who have familial relationships                    - husband’s        or     wife’s  grandfather    or
  or have a conflict of interest with credit processors                      grandmother;
  and/or decision makers has also been regulated                         - husband or wife of biological/step/adopted
  in Company Guidelines No. IN/102/PGV/002 dated                             grandchildren; or
  March12, 2018. Related Parties as regulated in POJK                    - biological/step/adopted siblings of the
  No. 32/POJK.03/2018 dated December 27, 2018                                husband or wife along with the husband or
  as amended by POJK No. 38/POJK.03/2019 dated                               wife of the sibling concerned.
  December 19, 2019, include:                                         f. Members of the Board of Directors and/or
  a. Individuals or companies who control the Bank.                      members of the Board of Commissioners, in the
  b. Legal entity in the case where the Bank acts as                     company as referred to in letters a, b, and/or c.
     controller.                                                      g. Companies whose members of the Board of
  c. The company, in the case of an individual or                        Directors and/or members of the Board of
     company as intended in letter a, acts as the                        Commissioners are members of the Board of
     controller.                                                         Commissioners of the Bank.
  d. Members of the Board of Directors, Members of                    h. Companies/entities that have 50% (fifty percent)
     the Board of Commissioners, and Bank Executive                      or more members of the Board of Directors and/
     Officers; what is meant by Executive Officer is an                  or members of the Board of Commissioners
                                                                         and are Directors and/or Commissioners of the
                                                                         company as intended in letters a, b, and/or c.




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i. Company/entity where:                                           3) there is a transfer of credit risk through
   1) Members of the Board of Directors, members                       guarantees where the guaranteeing party will
      of the Board of Commissioners, and/or Bank                       take over part or all of the financial risk from
      Executive Officers as referred to in letter d act                the guaranteed party.
      as controller; and                                        l. The borrower is in the form of an individual
   2) Members of the Board of Directors and/or                     or non-bank company that has a financial
      members of the Board of Commissioners                        relationship through the provision of guarantees
      from the parties as intended in letters a, b,                to parties as intended in letters a to letter k.
      and/or c act as controllers.                              m. The borrower has a financial relationship through
j. Collective investment contract in which the Bank                guarantees provided by the parties as intended
   and/or the parties referred to in letter a up to letter         in letters a to letter k.
   i own 10% (ten percent) or more shares in the                n. Other banks that have financial relationships
   Investment Manager of the collective investment                 through providing guarantees to parties as
   contract.                                                       intended in letters a to letter k in the event that
k. Companies that have financial relationships with                there is a counter guarantee from the Bank and/
   Banks and/or parties as intended in letter a up to              or parties as intended in letters a to letter k to the
   the letter i; Financial relationships are analyzed              other bank.
   from several factors, namely:                                o. Other companies in which there is an interest in
   1) there is financial assistance from the Bank                  the form of share ownership of 10% (ten percent)
      and/or Related Parties or financial assistance               or more, individually or jointly, of the parties as
      to the Bank and/or other Related Parties with                intended in letter e.
      conditions that cause the party providing
      financial assistance to have the ability to               Provision of credit to a debtor who is not a Related
      determine (controlling influence) the strategic           Party, but is used for the benefit of the Related
      policies of the company receiving financial               Party, is categorized as Providing Credit to a Related
      assistance;                                               Party. In this case, BNI is committed to managing
   2) there is a significant business chain linkage             the provision of credit to related parties by applying
      in the Bank’s or Related Party’s business                 the principle of prudence and ensuring that the
      operations with other companies so that                   ratio of providing funds remains in accordance with
      there is dependency between one party and                 applicable regulations. In addition, BNI implements
      another, which results in:                                strict internal supervision at every stage of the credit
      - one party is unable to easily transfer                  granting process to Related Parties. This step is taken
          business transactions to another party;               to ensure that the entire process runs transparently,
          and                                                   measurably, and in accordance with established
      - the inability to easily transfer business               rules. This policy also aims to prevent potential
          transactions causes the cash flow of one              conflicts of interest and maintain the financial
          of the parties to experience significant              integrity of the Bank.
          disruption, resulting in difficulties in
          fulfilling obligations; and/or




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  Protection of
  Creditors’ Rights                                        [ACGS B.4.6]




  BNI is committed to protecting creditors’ rights                        In addition to ensuring the availability of transparent
  through implementing an honest, transparent, and                        information for all parties, BNI also guarantees the
  fair information disclosure system. By upholding the                    fulfillment of creditors’ rights in accordance with
  principle of equality (equal treatment), BNI ensures                    mutually agreed agreements. The bank ensures that
  that all creditors and business partners can obtain                     obligations to creditors are fulfilled on time and
  relevant information according to their needs so                        avoids delays or negligence, which could potentially
  that each party can make objective decisions based                      cause losses for both parties. This is in line with
  on fair, reasonable, and accurate considerations.                       one of the Governance principles published by the
                                                                          ASEAN Corporate Governance Scorecard. [ACGS B.4.6]




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Transparency of The Bank’s Financial
and Non-Financial Conditions

BNI is committed to maintaining consistency and                 TRANSPARENCY OF NON-FINANCIAL
improving the quality of corporate governance,                  CONDITION
particularly in enforcing the principle of
transparency by ensuring the Bank’s compliance                  BNI also ensures the openness of information
with its obligations for transparency and publication           regarding the Bank’s non-financial conditions, which
of both financial and non-financial conditions                  includes developments in corporate governance,
to stakeholders, in accordance with applicable                  vision, mission, and the composition and profile of
regulations. The delivery and publication of this               the management team.This information is published
information are carried out through both printed                through the Annual Report, the Bank’s official
media and BNI’s website, which can be accessed at:              website, and various other media that can be easily
https://www.bni.co.id/id-id/.                                   accessed by customers and the general public.

Additionally, BNI has established policies and                  In 2024, BNI has compiled and presented reports
procedures on how to implement transparency of                  related to the transparency of the Bank’s non-
financial and non-financial conditions in accordance            financial conditions, taking into account the
with the following regulations: POJK No. 37/                    procedures, types, and scope as regulated by
POJK.03/2019 on Transparency and Publication of                 applicable POJK regulations, and has provided and
Bank Reports; POJK No. 29/POJK.04/2016 on the                   published additional information concerning non-
Annual Reports of Issuers or Public Companies;                  financial conditions, including the following:
and SE OJK NO 16/SEOJK.04/2021 on the Form and                  1. Disclosure of Corporate Governance Information,
Content of the Annual Report of Issuers or Public                   including the Corporate Governance Annual
Companies.                                                          Report, Vision, Mission, Company Values, Code
                                                                    of Ethics, Composition and Profile of the Board
TRANSPARENCY OF FINANCIAL                                           of Commissioners and Board of Directors, as
CONDITION                                                           well as internal governance regulations from the
                                                                    Articles of Association to the Corporate Charter,
Throughout 2024, BNI has compiled and submitted                     which are also published through BNI’s website;
monthly, quarterly, and annual financial reports to the         2. Information on the Company’s Products and
relevant regulators (OJK, Indonesia Stock Exchange,                 Services, including its branch network, published
and the Ministry of State-Owned Enterprises) in a                   through the Annual Report and BNI’s website,
timely, complete, accurate, and comprehensive                       to enable customers, investors, and the general
manner. The preparation and presentation of                         public to easily access information on BNI’s
BNI’s financial reports are in accordance with the                  products and services;
procedures, types, and scope as outlined in the                 3. Information       on     Complaint     Submission
regulations. In addition to submitting monthly and                  Procedures, Safe Banking Tips for Customers
quarterly financial reports, BNI also submits the                   to maintain data privacy while using banking
Annual Report to regulators, rating agencies, banking               services, published through BNI’s website to
development institutions, research institutions, and                comply with consumer protection regulations;
periodically submits reports in compliance with                     and
capital market regulations. Information regarding                4. Other Information aimed at supporting
the Bank’s financial transparency is published                      information transparency, financial education,
through OJK’s reporting system, BNI’s website, and                  and services to the community.
the Indonesia Stock Exchange (IDX).




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         Practices           Governance                Responsibility          Commitment        Statements




  Transparency in Customer Complaint
  Procedures and Dispute Resolution

  BNI is committed to providing transparent                                     EASE OF ACCESS TO SERVICES
  and responsive services in handling customer
  complaints and dispute resolution. The bank has                               Customer Experience Center as a BNI
  clear procedures in place that are easily accessible to                       Touchpoint
  customers for submitting complaints or grievances                             In an effort to maintain transparency and enhance
  related to services, products, or banking transactions.                       service quality, BNI fully welcomes all complaints,
  Information regarding the complaint process can                               criticisms, and feedback from customers. Through
  be accessed through various communication                                     the Customer Experience Center, one of BNI’s key
  channels, such as BNI’s official website, the banking                         touchpoints, the bank strives to deliver the best
  application, the Customer Experience Center, and                              service 24 hours a day, 7 days a week, ensuring
  BNI branch offices.                                                           speed and ease for customers to obtain information,
                                                                                conduct transactions, and find solutions to any
  Each complaint received is the shared responsibility                          issues they may face.
  of the relevant units and is handled professionally
  and transparently, in accordance with the applicable
  Service Level Agreement (SLA) standards. BNI
  strives to resolve each complaint in a timely manner,
  offering fair and adequate solutions for both parties.
  In the case of a dispute requiring further resolution,
  BNI provides a dispute resolution mechanism that
  prioritizes internal mediation, and when necessary,
  can involve a third party in accordance with
  applicable regulations.




  All BNI customers can submit their complaints or grievances through:




                                                                            BNI Call
                                                                       1500046                                        BNI Emerald Call
                                                                    (Access from the Domestic,
                    Digital Platform                                    without area code)                                1500098
                 • Chat With Us di www.bni.co.id
               • Tanya BNI at BNI Mobile Banking                     +62 21-30500046
                    • BNI Call Virtual Assistant                       (Access from Abroad)
                     • BNI WhatsApp Business
                         +62 811-588-1946
                    • Email : bnicall@bni.co.id                                                       Merchant Care
                                                                                                        & Agen46
                                                                                                          1500146

               Social Media
                 Platform
                                                                                                                       Wholesale
                 @bni46                                                                                                 Service:
                 @BNI
                                                                                                                       021 - 29946046
                 @BNICustomerCare                                   Customer                                         +62 858-5000-1946
                 BNI                                            Experience Center


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Additionally, customers can submit their complaints                   BNI Customer Complaint Submission
or grievances through BNI branch offices located                      Mechanism
across Indonesia.                                                     BNI is committed to finding the best solution
                                                                      for every complaint or grievance submitted by
ISO 9001:2015 Certification                                           customers as part of its efforts to maintain a superior
The Customer Experience Center has been awarded                       customer experience. As outlined in POJK No. 22
ISO 9001:2015 certification for service quality                       of 2023 on Consumer and Public Protection in the
standards and regularly renews this certification                     Financial Services Sector, the Customer Experience
every three years. The acquisition of this                            Center is committed to providing resolution for
internationally recognized certification reflects BNI’s               complaints submitted verbally within a maximum of
commitment to maintaining high-quality service for                    five (5) working days from the time the complaint is
its customers.                                                        received. For written complaints, the resolution time
                                                                      is a maximum of ten (10) working days from the
BNI CUSTOMER COMPLAINT HANDLING                                       receipt of the complete document, with a possible
AND RESOLUTION PROCEDURES                                             extension of an additional ten (10) working days.
                                                                      Information regarding the extension of the complaint
As the entity responsible for managing customer                       resolution period is communicated to customers via
complaints, the Customer Experience Center is                         SMS, phone, email, letter, or WhatsApp.
responsive and proactive in following up on all
complaints and strives to resolve them in accordance
with the applicable Service Level Agreement (SLA).
The complaint handling services cover various
aspects, including banking, credit cards, merchants,
trade and remittance, and wholesale services.
Customers are provided with easy access to the
complaint services through various media, whether
verbal or written.




                                                                VERBAL



               Customers Contact BNI Call                                                   Customers Visit the Nearest BNI Branch
                   Domestic: 1500046
               Overseas: +62 21-30500046


                                                               WRITTEN
               Customers visit the
             website: www.bni.co.id                                                            Customers Visit the Nearest BNI Branch
            on the Chat With Us menu



   Customers send complaints via:                                                                    Customers use applications
   - Tanya BNI at BNI Mobile Banking                                                       that can be downloaded via AppStore/PlayStore:
   - BNI WhatsApp Business +62 811-588-1946                                                            BNI Call Virtual Assistant
   - Email : bnicall@bni.co.id
   - X: @BNI dan @BNICustomerCare
   - Facebook: BNI
   - IG: @bni46




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  Flow of Complaint Submission and Resolution




                                         1
                                 Submit a Complaint
         CUSTOMERS




                                         2                         3                  4                  5                      6
                                                                                                                         If necessary, the
                                                                                                                                                     7
                                                                                                                                             Convey the results
                                                            Provide a Complaint   Following up   Convey the Results of   Bank will provide      of complaint
                                 Register a Complaint
                                                            Registration Number   on complaint   Complaint Resolution      notification of   resolution after the
         BNI OFFICERS                                                                                                    extension of time    extension of time




  In the event that the customer is dissatisfied with the settlement solution provided, BNI provides the
  opportunity for the customer to continue the complaint settlement process through the Alternative Dispute
  Resolution Institution (LAPS) contained in the List of Alternative Dispute Resolution Institutions established
  by the Financial Services Authority (OJK). The Financial Services Sector LAPS is an institution tasked with
  resolving disputes between customers and banks outside the court. This settlement process is in accordance
  with the provisions contained in Article 82 POJK No. 22 of 2023.




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Integrity of Reporting and
Information Technology Systems

The integrity of reporting and information technology           In compliance with the requirements of Article 100 of
systems serves as a cornerstone of BNI’s success                OJK Regulation No. 17 of 2023 on the Implementation
in achieving transparency in financial and non-                 of Governance for Commercial Banks, BNI ensures
financial conditions for stakeholders. By committing            the availability and adequacy of internal reporting
to the preparation of reports in accordance with                supported by a robust management information
Financial Services Authority (OJK) Regulations, BNI             system to enhance the quality of decision-making
ensures that the information provided is accurate,              processes by the Board of Directors and the quality of
comprehensive, and undistorted, thereby instilling              oversight processes by the Board of Commissioners.
confidence in stakeholders regarding the reliability            Furthermore, in the implementation of information
of the information they receive.                                technology, BNI adheres to OJK Regulation No. 11/
                                                                POJK.03/2022 on the Implementation of Information
BNI’s reporting system encompasses 2 (two) types                Technology by Commercial Banks.
of reports, namely Regulatory Reports (RR) and
Non-Regulatory Reports (NRR). The Non-Regulatory                Compliance with these regulations not only
Report is integrated into a unified platform in the             preserves the integrity of reporting but also bolsters
form of a dashboard, supported by a single source               stakeholder trust. Adequate internal reporting
of truth within Big Data. For Regulatory Reports, the           contributes to better decision-making and more
system is also supported by Big Data and Master                 effective oversight.
Data Management (MDM).
                                                                In addition, the Board of Directors is committed
To promote transparency, BNI prioritizes openness               to developing technological infrastructure and
in its products and the use of customer data in                 digital innovation to support the achievement of
compliance with applicable regulations. Financial               the company’s vision, mission, objectives, and
and sustainability reports are prepared in an                   both short-term and long-term plans. By aligning
integrated manner, covering historical performance,             with stakeholder expectations, innovation remains
as well as analyses of risks, opportunities, and                central to strategy and operational oversight.
future prospects. A reliable and secure information             The Board also promotes continuous innovation,
technology system plays a crucial role in ensuring              including the development of new business models,
the availability and accessibility of data efficiently          products, services, and strategic partnerships
while safeguarding data integrity against various
threats.




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  Insider Trading and
  Conflict of Interest Policy                                                      [ACGS C.5.1, B.A.6]




  BNI has strict policies regarding insider trading                         or ethnicity, and avoiding matters that could
  and conflicts of interest to ensure integrity and                         give rise to a conflict of interest.
  transparency in all banking activities. This policy                    c. It is prohibited to include personal interests in
  aims to prevent and manage the use of inside                              decision making or actions that can influence
  information and potential conflicts of interest that                      the quality of the decisions or actions.
  may influence business decisions. BNI emphasizes                       d. Do not give preferential treatment to certain
  the strict prohibition against the use of material                        parties by ignoring applicable procedures or
  information that has not been published in private                        provisions.
  transactions by all BNI Hi-Movers, from employees                      e. Not seek or receive undue benefits that could
  and members of the Board of Directors to the                              affect the performance of duties.
  Board of Commissioners, and requires reporting                         f. If a conflict of interest occurs, BNI Hi-Movers
  of situations that have the potential to give rise to                     is obliged to prioritize the Bank’s economic
  conflicts of interest.                                                    interests and prevent the Bank from losses or
                                                                            potential reduction in profits.
  Guidelines regarding insider trading have been                      2. Creating Openness in Handling Conflicts of
  set out in Company Guidelines for Prohibited and                       Interest
  Unprohibited Securities Transactions for Insiders                      a. Openness is needed so that conflicts of interest
  No. IN/500/KMP/001 dated September 23, 2019,                              can be controlled and handled appropriately.
  which regulates in detail the prohibition on the                       b. BNI Hi-Movers who face a conflict of interest
  use of inside information for personal gain directly                      situation are required to disclose any personal
  or indirectly from information that is not or is not                      interests or affiliate relationships that have the
  yet available on the market. Meanwhile, policies                          potential to give rise to a conflict of interest.
  for handling conflicts of interest are regulated in                 3. Encourage Personal Responsibility and Modeling
  the Company Guidelines for Handling Conflicts                          a. BNI Hi-Movers must maintain credibility and
  of Interest No. IN/119/CMP/001 dated December                             integrity to be a role model for others.
  27, 2024. These two guidelines are designed to                         b. Separate personal affairs from Bank affairs to
  ensure that all business actions and decisions are                        avoid conflicts of interest that could harm or
  free from personal influence or conflicts of interest                     reduce Bank profits.
  that are detrimental to the Bank. In addition, the                     c. BNI Hi-Movers are required to make an annual
  Bank also continually reminds all Divisions and                           statement regarding conflicts of interest and
  Units regarding the Bank’s obligations as a Public                        strive to avoid all forms of potential conflicts
  Company regarding Disclosure of Information or                            of interest in carrying out their duties.
  Material Facts, Affiliate Transactions and Conflict of              4. Creating an Anti-Conflict of Interest Culture
  Interest Transactions on a regular basis. [ACGS C.5.1,                 a. Banks are required to submit an annual
  B.A.6]                                                                    statement to the public regarding the
                                                                            prohibition on BNI Hi-Movers accepting
  In order to prevent conflicts of interest, all BNI Hi-                    gifts or gifts from customers, work partners,
  Movers are required to do the following things:                           vendors, and other parties.
  1. Prioritize the Bank’s Interests.                                    b. Socialization regarding conflicts of interest
     a. Serve all Bank stakeholders in accordance with                      must be carried out continuously to increase
        their respective duties and responsibilities.                       awareness and build an anti-conflict of interest
     b. Carrying out duties based on applicable                             culture, as well as encourage BNI Hi-Movers
        regulations and policies, without prioritizing                      to proactively report indications of conflicts of
        personal interests or those of affiliated parties,                  interest through internal complaint channels.
        including religion, profession, political party,




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5. Enforcing the Conflict of Interest Policy                    related parties. From 2022 to 2024, there were no
   BNI Hi-Movers who are proven to have violated                violations of the insider trading policy and conflicts
   provisions relating to conflicts of interest will            of interest involving the Board of Directors, Board of
   be subject to sanctions in accordance with the               Commissioners, management, and employees. This
   provisions in force at the Bank.                             shows BNI’s commitment to carrying out operations
                                                                with high ethical standards and complying with all
Policies and procedures regarding conflicts of                  applicable regulations. In addition, there have been
interest have been determined, understood, and                  no cases of non-compliance with laws, regulations,
implemented by the Board of Directors, Board of                 and provisions relating to material transactions with
Commissioners, management, employees, and other                 related parties in the last three years.




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  Share and
  Bond Buyback

  From March 2023 to September 2024, BNI has                           In accordance with the provisions set forth in Article
  completed the buyback of 40,514,600 shares,                          8 of POJK 30/2017, the buyback must be completed
  equivalent to IDR179,959,897,500 (One hundred                        no later than 18 (eighteen) months from the date
  seventy-nine billion nine hundred fifty-nine million                 of the AGM that approved the buyback. Therefore,
  eight hundred ninety-seven thousand five hundred                     BNI was required to complete the share buyback
  rupiahs).                                                            within 18 (eighteen) months from the decision of the
                                                                       Annual General Meeting of the 2022 Financial Year,
  The buyback program is in accordance with the                        held on March 15, 2023, with the final completion
  provisions stipulated in the Financial Services                      deadline being September 15, 2024.
  Authority Regulation No. 30/POJK.04/2017 regarding
  Buyback of Shares Issued by Public Companies
  (“POJK 30/2017”).



  Buyback Timeline


                                                                      March 16, 2023 -
        February 6, 2023                 March 15, 2023                                             September 17, 2024
                                                                      September 15, 2024
        Announcement of share            Date of buyback approval                                    Report of information or
        buyback plan information         at Annual GMS for Fiscal                                    Material Facts related to the
        and Announcement of              Year 2022                                                   End of BNI Buyback Period
                                                                       Buyback Period                to OJK
        Annual GMS for
        Fiscal Year 2022




  The implementation of the buyback and the transfer of shares resulting from the buyback into the employee
  stock ownership program and the stock ownership program for the Board of Directors and the Board of
  Commissioners have been carried out in accordance with the applicable regulations and represent an
  application of performance-based remuneration. This has not diminished investor confidence in BNI. This is
  reflected in the preservation of BNI’s stock valuation, with the price-to-book value (PBV) increasing from 1.20
  times on March 15, 2023, when BNI received approval for the buyback at the Annual General Meeting, to
  1.40 times on September 13, 2024. During the same period, BNI’s share price rose from IDR4,400 per share
  to IDR5,625 per share.

  BNI also ensures that the buyback does not affect the bank’s business activities or its growth. This is because
  BNI possesses sufficient capital and cash flow to conduct all its business activities, including business
  development, as well as the buyback.




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Internal
Fraud             [ACGS C.5.1]




Every organization, including BNI, is vulnerable to             the effectiveness of these policies, the Compliance
the risk of fraud arising from within. Internal fraud           Division has developed a Compliance Index (CIX) to
at BNI refers to deliberate acts or omissions aimed             evaluate and monitor adherence to and success in
at deceiving, misleading, or manipulating the Bank,             anti-fraud initiatives across BNI comprehensively.
its customers, or other parties, occurring within
the Bank’s environment and/or using the Bank’s                  Types of Fraudulent Activities
resources, resulting in losses to the Bank, customers,          Referring to POJK 12/2024, BNI categorizes the
or other parties, or direct/indirect benefits to the            following activities as fraud:
perpetrators or others. Such fraudulent actions                 1. Corruption, including:
relate to BNI’s operational processes and business                  a. Conflicts of interest detrimental to the Bank
activities and can directly impact the Bank’s                          and/or customers;
financial condition. These actions may include                      b. Bribery;
data manipulation, asset theft, fraud, information                  c. Unauthorized acceptance;
leakage, or misuse of the Bank’s resources.                         d. Extortion.
                                                                2. Asset Misuse, including:
Anti-Fraud Policy                                                   a. Misappropriation of cash;
To foster a culture of compliance and raise awareness               b. Misappropriation of inventory;
of potential fraud risks across the organization,                   c. Misappropriation of other assets.
BNI has implemented an anti-fraud framework as                  3. Financial Statement Fraud, including:
part of its internal control system. BNI’s Anti-Fraud               a. Overstating net assets and/or income;
Policy adheres to the Financial Services Authority                  b. Understating net assets and/or income.
Regulation (POJK) No. 12 of 2024 (“POJK 12/2024”)               4. Fraudulent activities;
on the Implementation of Anti-Fraud Strategies for              5. Leakage of confidential information; and/or [ACGS
Financial Service Institutions. BNI’s management                   C.5.1]
is committed to strictly addressing all violations or           6. Other actions equivalent to fraud under applicable
fraudulent acts, including criminal prosecution of                 laws and regulations.
employees involved. This commitment aligns with
the “Tone from the Top” principle, reflecting BNI’s             Active Oversight of Fraud by the Management
firm stance and dedication to the Zero Tolerance to             BNI’s management actively supervises the
Fraud policy. To maintain and enhance awareness                 implementation of Anti-Fraud Policies across
and understanding of its Anti-Fraud Strategy, BNI               all organizational levels. In 2024, this oversight
conducts education, competency development, and                 includes periodic evaluations of systems and
regular dissemination of the policy.                            procedures to ensure compliance with established
                                                                policies. Concrete forms of active supervision
BNI is committed to cultivating a robust anti-fraud             include more frequent and thorough internal
culture throughout the organization as part of                  audits and leveraging analytic technology for real-
its efforts to uphold integrity and trust in banking            time transaction monitoring and fraud detection.
operations. The anti-fraud policies and strategies are          Additionally, BNI conducts fraud risk and good
consistently applied through the principle of “No               governance training programs for management
Fraud for Our Bank,” emphasizing prevention and                 and employees to ensure all parties understand the
early detection of fraudulent activities. To ensure             importance of adherence to anti-fraud policies.




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  As part of its commitment to good governance,                        Anti-Fraud Awareness Program
  all BNI personnel, including the Board of Directors                  BNI continuously implements mitigation measures
  and the Board of Commissioners, have signed an                       to prevent employee misconduct (fraud) through
  Integrity Pact, demonstrating compliance with POJK                   ongoing anti-fraud awareness campaigns targeted
  No. 12/2024. This Integrity Pact includes a pledge to                at all BNI Hi-Movers, customers, debtors, business
  uphold integrity, reject all forms of fraud, bribery,                partners, and vendors. These campaigns employ
  and corruption, and adhere to BNI’s Code of Ethics                   various methods and media, including face-to-face
  and Conduct.                                                         sessions, virtual platforms, e-learning modules,
                                                                       and internal communication tools such as email
  Furthermore, BNI emphasizes its anti-fraud policy,                   blasts, internal bulletins, desktop wallpapers, and
  commitment to integrity, and whistleblowing                          posters. This comprehensive approach ensures
  mechanism to business partners in every                              that all organizational layers, as well as external
  engagement. Fraud prevention efforts are reinforced                  stakeholders, understand their responsibilities in
  by encouraging all business partners to refrain from                 preventing fraud.
  offering gratuities. This approach minimizes risks of
  fraud, bribery, and corruption while maintaining the                 In 2024, BNI organized anti-fraud awareness and
  trust of business partners in BNI.                                   campaign programs for not only BNI Hi-Movers
                                                                       but also customers, debtors, business partners,
                                                                       and vendors. These programs aim to enhance
                                                                       awareness and understanding of the importance
                                                                       of integrity and adherence to established policies.
                                                                       By engaging all stakeholders, BNI seeks to foster
                                                                       a culture of transparency and accountability,
                                                                       preventing violations and strengthening trust
                                                                       among its stakeholders.


  Internal Fraud Data (2022–2024)
  The table below provides a detailed breakdown of internal fraud incidents at BNI from 2022 to 2024:
                                                                              Number of Cases Committed by
                                                     Members of the Board                                          Non-permanent
                    Internal Fraud                      of Directors and          Permanent Employees            Employees and Labor
                                                    Board of Commissioners                                          Outsourcing
                                                      2024      2023    2022      2024       2023      2022      2024     2023        2022

   Total Fraud                                          0         0       0         14        11        14        2         0          7
   Resolved                                             0         0       0         9          9        10        2         0          2
   In the Process of Settlement within the Bank         0         0       0         5          2         4        0         0          5
   Not yet Resolved                                     0         0       0         0          0         0        0         0          0
   Followed up by Legal Process                         0         0       0         5          3         2        0         0          1
   Description: Loss > 100 Million
   *number of cases position as of December 2024



  Regarding the internal fraud incidents reported during 2024, BNI has imposed strict sanctions, including
  the termination of employment (PHK) for the employees directly involved as primary perpetrators and
  administrative penalties have also been applied in accordance with the severity of the wrongdoing to the
  personnel involved.




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Long-Term Performance-Based
Compensation Policy                                             [ACGS: B.6.3]




BNI applies a long-term performance-based                       Bonuses. Ministry of SOE Regulation No. 3/2023,
compensation policy as a form of appreciation                   article 107, states that SOEs must defer the payment
for management and employees who have                           of bonuses to the Board of Directors and Board of
made significant contributions. This long-term                  Commissioners by a certain percentage determined
performance-based compensation is implemented                   by the Minister, at a minimum of 10%. The deferral
to ensure the sustainable performance of the                    period for payment must be at least 3 years. Deferred
company. The compensation program is realized                   bonuses must be paid pro rata in accordance with
through a share ownership scheme, which consists                the deferral period. SOEs may delay the payment of
of the Management Stock Ownership Program                       part or all of the deferred bonuses (malus) or reclaim
(MSOP) and the Employee Stock Ownership                         any cash bonuses that have been paid (clawback) to
Program (ESOP). Through this policy, BNI aims to                the Board of Directors and Board of Commissioners
encourage continuous performance improvement                    under certain conditions set by the Minister.
and create alignment between the Bank’s goals and
employee interests. [ACGS B.6.3]                                The long-term compensation policy for members
                                                                of the Board of Directors and Independent
Share Ownership Program Policy by the                           Commissioners is designed to prioritize prudence
Board of Directors and Non-Independent                          in managing the bank. This policy aims to reduce
Commissioners                                                   the risk of excessive risk-taking by decision-makers
The Long-Term Compensation Policy for members                   and supports the implementation of a performance-
of the Board of Directors and Non Independent                   based remuneration system.
members of the Board of Commissioners in the
form of the Management Stock Ownership Program                  Eligibility Requirements for the Board of
follows the provisions of OJK Regulation No. 45/                Directors and the Board of Commissioners
POJK.03/2015 concerning the Implementation of                   BNI may provide bonuses or performance incentives
Governance in the Provision of Remuneration for                 to members of the Board of Directors and Board of
Commercial Banks (“POJK No. 45/2015”) and the                   Commissioners based on the General Meeting of
Ministry of SOE Regulation No. PER-3/MBU/03/2023                Shareholders› approval of the annual report if:
concerning the Organization and Human Resources                 a. The auditor’s opinion is Unqualified (WTP);
of State-Owned Enterprises (“Permen BUMN No.                    b. The realized health level is at least BBB without
3/2023”).                                                          considering losses/profits due to the prior actions
                                                                   of BNI’s Board of Directors and/or outside their
Referring to POJK No. 45/2015, articles 17 and 18,                 control;
Variable Remuneration provided by BNI, which has                c. The KPI achievement is at least 80%, excluding
been a publicly listed company (go public), must be                factors outside the control of BNI’s Board of
in the form of shares or share-based instruments                   Directors; and
issued by BNI (stock code: BBNI), representing a                d. BNI is not in a worse financial condition than the
certain percentage of the Variable Remuneration.                   previous year if BNI is in a loss, or BNI does not
Meanwhile, Variable Remuneration in the form of                    turn from profit to loss, excluding factors outside
shares or share-based instruments for Independent                  the control of BNI’s Board of Directors.
Commissioners may be converted and provided in
cash.                                                           These requirements are consistent with the
                                                                provisions set forth in Ministry of SOE Regulation
Variable Remuneration provided in the form of                   No. 3/2023, article 102.
shares for members of the Board of Directors
and non-independent members of the Board of
Commissioners is given in the form of Deferred




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  Provision of Deferred Bonuses in the Form of Shares
  The following table presents detailed information regarding the Deferred Tantiem in the Form of Shares to
  Non-Independent Members of the Board of Directors and Board of Commissioners of BNI:
                             Date of Provision of       Total Number        Duration     Price (average price per        Vesting
      Date of GMS                                                                                                                        Policy
                              Deferred Bonuses           of Shares*         Exercise              share)                 Period
                                                                                                                      June 5, 2019
   March 20, 2018           June 28, 2019                  1,444,546        3 years                  IDR8,275         June 5, 2020       Malus
                                                                                                                      June 5, 2021
                                                                                                                      June 5, 2020
   May 13, 2019             November 9, 2020                 950,377        3 years                  IDR8,400         June 5, 2021       Malus
                                                                                                                      June 5, 2022
                                                                                                                      June 5, 2021
   February 20, 2020        December 22, 2020              5,071,900        3 years                  IDR6,630         June 5, 2022       Malus
                                                                                                                      June 5, 2023
                                                                                                                      June 5, 2022
                                                                                                                      June 5, 2023
   March 29, 2021           December 30, 2021              5,724,673        4 years                  IDR4,057                            Malus
                                                                                                                      June 5, 2024
                                                                                                                      June 5, 2025
                                                                                                                      June 5, 2023
                                                                                                                                       Malus and
   March 15, 2022           July 29, 2022                  3,001,097        3 years                  IDR5,187         June 5, 2024
                                                                                                                                       Clawback
                                                                                                                      June 5, 2025
                                                                                                                      June 5, 2024
                                                                                                                                       Malus and
   March 15, 2023           August 14, 2023                1,816,099        3 years                  IDR9,037         June 5, 2025
                                                                                                                                       Clawback
                                                                                                                      June 5, 2026
                                                                                                                      June 5, 2025
                                                                                                                                       Malus and
   March 4, 2024            May 13, 2024                  12,778,954        3 years              IDR4,826.33*         June 5, 2026
                                                                                                                                       Clawback
                                                                                                                      June 5, 2027
  *) Notes: price and total shares after the implementation of 1:2 stock split effective on October 6, 2023.
     Throughout 2024 there was no Malus and Clawback exercise


  Long Term Incentives (LTI)                                                   Initial award
  In 2024, in addition to providing Deferred Tantiem                           1. LTI allocation for members of the Board of
  to members of the Board of Directors and Board                                  Directors and members of the Non-Independent
  of Commissioners, BNI also provided Long Term                                   Board of Commissioners given in nominal
  Incentives (LTI), with the following basis:                                     Rupiah is converted into a number of BNI shares.
  1. LTI is given in the form of BBNI shares for members                       2. LTI allocation for members of the Independent
     of the Board of Directors and non-independent                                Board of Commissioners is given in cash in
     members of the Board of Commissioners and in                                 nominal Rupiah.
     cash for Independent Commissioners.                                       3. The LTI allocation given to each member of the
  2. LTI is awarded based on the achievement of                                   Board of Directors and members of the Board of
     agreed performance targets for the next 3 years;                             Commissioners considers position factors.
     and
  3. Income tax (PPh) on LTI is the recipient’s expense                        Performance period (performance/vesting
     and is not permitted to be charged as a company                           period)
     expense.                                                                  1. The performance measurement period is annual
                                                                                  (January-December) for 3 years;
  Eligibility                                                                  2. LTI vests fully in the fourth year (2026) after the
  1. The Board of Directors and Board of                                          financial statements have been audited by an
     Commissioners are declared entitled to LTI from                              independent auditor and the Annual Report is
     the date of appointment at the General Meeting                               approved by/determined at the GMS.
     of Shareholders (GMS).
  2. The Board of Directors and Board of                                       Performance Targets
     Commissioners must obtain approval for the                                To ensure the company’s sustainable performance,
     fit and proper test from the Financial Services                           the company sets long-term performance target
     Authority (OJK) and are entitled to LTI from the                          indicators that underlie Long Term Incentive (LTI)
     date of appointment at the GMS (retroactive).                             payments, namely:
  3. Members of the Board of Directors and Board of                            1. Total Shareholder Return (TSR)
     Commissioners who have held positions as the                              2. Return on Equity (ROE)
     Board of Directors or Board of Commissioners of                           3. 3 Gross Non-Performing Loans (NPL).
     BNI on the date of issuance of the LTI grant letter
     from Series A Dwiwarna Holder.


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The actual achievement of each performance indicator will be calculated in accordance with the following
provisions:
 No.                       Actual Achievements                                Percentage of Achievement for each Performance Metric
 1)    Positive polarity
       Actual > Target
                                                                        100% x Weight
       Positive polarity
       Threshold < Actual < Target
 2)    Positive polarity
                                                                        (Actual/Target) x Weight
       Threshold < Actual < Target
       Negative polarity
                                                                        (Target – (Realization – Target))/Target x Weight
       Threshold > Actual > Target
 3)    Positive polarity
       Actual < Threshold
                                                                        Nil
       Negative polarity
       Actual < Threshold


Final Award and Holding Period [ACGS D.3.13]
1. The final award is the final amount of LTI in the form of a number of the company’s shares or cash from
   awards given to members of the Board of Directors and Board of Commissioners, based on the total
   achievement of the agreed SOE performance targets during a certain time period.
2. LTI vested after the performance measurement period will be subject to a holding period of 2 years for
   members of the Board of Directors and Non-Independent Board of Commissioners who serve during
   that period, with the following conditions:
                                                                    Holding Period
                Description                                                                                   After Holding Period
                                                       First Year                   Second Year
Total number of shares available
                                                       Max. 25%                      Max. 50%                       Max. 100%
for sale

3. The holding period is not imposed on the Board of Directors and Non-Independent members of the
   Board of Commissioners whose term of office has ended.
4. For members of the Board of Directors and Board of Commissioners whose term of office ends before
   3 (three) years, LTI will be calculated proportionally based on the length of service in the performance
   period (calendar days) and the average performance achievement over 3 (three) years.

The following table presents detailed information regarding the Allocation of Long-Term Incentives (LTI) in
the form of Shares to Non-Independent Members of the Board of Directors and Board of Commissioners of
BNI:
                         Date of Determination
                                                                                          Determination       Vesting
  Date of GMS           of Long Term Incentives          Total Shares     Time Period                                            Policy
                                                                                              Price*          Period
                               Allocation
March 15, 2023             December 15, 2023              15,637,000           3 years       Rp4,704           2027          Malus and
                                                                                                               2028          Clawback
                                                                                                               2029
March 4, 2024               November 5, 2024              27,581,400           3 years       Rp4,593           2028          Malus and
                                                                                                               2029          Clawback
                                                                                                               2030
*) The determination price is the Fair Value price of the Independent Consultant.




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  Employee Stock Ownership Program [ACGS                              Participants who are eligible for allocation, vesting,
  B.6.3]                                                              or opening of the lock-up period will receive
  The Employee Stock Ownership Program at BNI,                        notification via email or other communication
  known as the Employee Stock Allocation (ESA)                        media. The notification will contain confirmation
  program, is a stock allocation program for employees                regarding the shares the participant is entitled to at
  who meet certain criteria and requirements as                       the time of allocation, vesting, and opening of the
  outlined in the Program Implementation Guidelines.                  lock-up period. In the third stage of opening the lock-
                                                                      up period in 2025, all shares allocated through the
  The objectives of the ESA program are:                              Employee Stock Allocation (ESA) Program will be
  1. A long-term employee retention strategy;                         fully distributed to participants.
  2. An effort to motivate employees to consistently
     deliver their best performance, thereby                          Mechanism for Distribution of Shares in the
     improving BNI’s performance and ultimately                       Employee Stock Allocation Program (ESA)
     enhancing BNI’s stock price;                                     The allocation and vesting of shares in the Employee
  3. Enhancing employees’ sense of ownership                          Stock Allocation (ESA) Program began on June
     toward BNI;                                                      2, 2022, with the application of the lock-up period
  4. As part of the enhancement of employees’ risk                    based on job level:
     awareness, reflected in eligibility and the lock-up              - Assistant Vice President (AVP) and above: lock-up
     period.                                                             period of 3 (three) years.
                                                                      - Manager (MGR) and below: lock-up period of 1
  The resolutions of the General Meeting of                              (one) year.
  Shareholders (GMS) on March 15, 2022, approved
  the delegation of authority for the implementation                  During the lock-up period, participants in the ESA
  of the Employee Stock Ownership Program, both                       Program are not permitted to engage in any activity
  from treasury stock and other sources, to the Board                 with the shares that have become their entitlement.
  of Directors, while adhering to applicable laws and                 This policy is implemented as part of a long-term
  regulations.                                                        retention strategy and to motivate employees to
                                                                      continuously improve performance.
  Eligible Employee Requirements
  Employees who are entitled to receive vesting                       The unlocking of the lock-up period occurs annually,
  allocations and opening lock-up periods in the                      when participants are allowed to use or trade shares
  Employee Stock Allocation (ESA) Program must                        that have become their entitlement. However,
  meet the following requirements:                                    participants must meet the criteria and requirements
  1. Have status as a permanent employee as of                        outlined in the ESA Program Implementation
      December 31, 2021, and still be active at the time              Guidelines.
      of vesting allocation and opening of the ESA
      Program lock-up period;                                         For Manager (MGR) and below positions, the
  2. Have a minimum term of office of 1 (one) year                    unlocking of the lock-up period took place
      at the time of granting the ESA Program vesting                 simultaneously on June 2, 2023. For Assistant Vice
      allocation;                                                     President (AVP) and above positions, the unlocking
  3. Have a performance assessment and employee                       will occur progressively in three stages: June 2,
      classification in accordance with the provisions                2023, 2024, and 2025.
      when granting vesting allocations and opening
      the lock-up period of the ESA Program;
  4. Not      currently   undergoing     administrative
      sanctions.




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Details of the Employee Stock Allocation Program (ESA) Grant
The details of the Employee Stock Allocation (ESA) grant to employees are outlined in the following table:

                                    Allocation                                                                              Opening of Lockup
        Date of GMS                                                Total Shares                 Price per Share
                                 and Vesting Dates                                                                               Period
       March 15, 2022               June 2, 2022                           53,839,984*                     IDR8,850*            June 2, 2023
                                                                            23,147,202                      IDR4,400            June 2, 2024
                                                                            25,475,142                                -         June 2, 2025
*)
     Price and total number of shares before the implementation of the 1:2 stock split which is effective on October 6, 2023.



Distribution of Shares for Employees Who                                       Distribution of Shares of Performance Stock
Are Material Risk Takers (MRT)                                                 Bonus Program
In implementing the provision of Remuneration,                                 In order to improve savings performance,
BNI is obliged to determine parties who are Material                           Management will provide rewards as a performance
Risk Takers (MRT) who at least meet the following                              booster to increase savings growth in 2024 in the
criteria:                                                                      form of a share ownership program for managerial-
a. The Board of Directors and/or other employees                               level employees and the smallest Unit Manager (Sub
    who, due to their duties and responsibilities,                             Branch Manager) who meet the specified criteria,
    make decisions that have a significant impact on                           with the share allocation given to increase savings
    BNI’s risk profile; or                                                     performance called the Performance Stock Bonus.
b. The Board of Directors, Board of Commissioners,
    and/or Employees who receive Variable                                      Eligible Employee Requirements
    Remuneration with a large value.                                           Employees who are entitled to receive vesting
                                                                               allocations and opening lock-up periods in the
Based on the Resolution of the Board of Directors                              Performance Stock Bonus Program must meet the
Meeting, on December 20, 2016, BNI has                                         following requirements:
implemented Governance in providing remuneration                               1. Permanent employees as of February 29, 2024;
by determining employees who meet the criteria for                                 and
MRT, namely employees at the Senior Executive                                  2. Have a 2023 performance assessment of at least
Vice President (SEVP) level. BNI is also obliged to                                Tier 3; and
defer the payment of variable remuneration to                                  3. Not currently in the process of a case/undergoing
SEVP-level employees as parties who are MRT,                                       the impact period of Administrative Sanctions;
namely at a certain percentage in accordance with                                  and
the percentage for the Board of Directors.                                     4. Not      currently   undergoing     a   retirement
                                                                                   preparation period/sick leave/non-dependent
In the 2023 annual performance bonus payment for                                   leave; and
SEVP-level employees, which is paid in 2024, 20%                               5. The definitive position levels and definitive
of the annual bonus is given in the form of deferred                               positions are as follows:
company shares (Malus). These shares come from                                     a. MGR and above in all positions, except
direct purchases on the market, with the purchase                                     Staff positions/Staff Waiting for Placement/
period starting from May 3, 2024, to May 17, 2024.                                    Employees Placed in other Companies
                                                                                      outside the BNI Group; or
All provisions relating to Material Risk Takers (MRT)                              b. AMGR in the positions of Branch Business
are in accordance with the provisions stipulated in                                   Manager (BBM), Branch Service Manager
POJK No. 45/2015.                                                                     (BSM), and Sub Branch Manager Head.




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  Participants who are eligible for allocation, vesting, or opening of the lock-up period will receive notification
  via email or other communication media. The notification will contain confirmation of the shares the
  participant is entitled to at the time of allocation, vesting, and opening of the lock-up period.

  Share Distribution Mechanism for Performance Stock Bonus Program
  The allocation and vesting of shares in the Performance Stock Bonus Program were carried out immediately
  on April 25, 2024. During the lock-up period, Program participants are not permitted to carry out any activities
  on shares that have become vested. This policy is implemented as part of the active role of all employees,
  especially managerial levels and Sub Branch Managers, to support BNI’s performance achievements in
  2024, both savings and other performance targets, to be more sustainable in the future and to motivate
  employees to continue to improve their performance in a sustainable manner.

  Details of the Performance Stock Bonus Program Provision
  Details of the provision of the Performance Stock Bonus Program to employees are described in the following
  table:
                        Allocation
                                                               Price per
    Date of GMS        and Vesting       Total Shares                                        Opening of Lockup Period
                                                                Share
                          Dates
   March 25, 2023 April 25, 2024             24,877,600        IDR4,442      BNI savings position is achieved according to target or the
                                                                             opening of the lock up period will be carried out no later
                                                                             than 1 (one) year after the allocation and vesting date.




                                                                                                               2024 Annual Report
                                                                                             PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                      1069
Page 469
                                       Performa      Management    Company      Management Discussion and       Business Support
                                         2024          Report       Profile   Analysis on Company Performance      Functions




Policy for Disclosure of Information
on Share Ownership of the Board
of Commissioners and the Board of
Directors and its Implementation
POLICY FOR DISCLOSURE OF INFORMATION                              In addition to reporting obligations to the Financial
ON SHARE OWNERSHIP OF THE BOARD                                   Services Authority (OJK), members of the Board
OF COMMISSIONERS AND THE BOARD OF                                 of Directors and Board of Commissioners are also
DIRECTORS [ACGS C.1.3]                                            required to report ownership and any changes in share
                                                                  ownership of public companies to BNI. Submission
Transparency in share ownership by members of                     of this information must be made no later than 3
the Board of Directors and Board of Commissioners                 (three) working days after the ownership or change
is an important aspect of maintaining public trust                in ownership of the shares occurs. Members of the
and ensuring compliance with capital market                       Board of Directors and Board of Commissioners
regulations. As a company listed on the Indonesia                 are required to submit the report to the Corporate
Stock Exchange, BNI is obliged to follow OJK                      Secretary. This reporting obligation is stipulated
Regulation No. 4 of 2024 concerning Ownership                     in the Decree of the Board of Commissioners. No.
Reports or Any Changes in Ownership of Public                     KEP/024/DK/2024 dated October 22, 2024, concerning
Company Shares and Reports on Pledging Activities                 the Charter of the Board of Commissioners of
for Public Company Shares.                                        PT Bank Negara Indonesia (Persero) Tbk, as well as
                                                                  the Board of Directors’ Decree No. KP/339/DIR dated
Article 2 of the POJK states that members of the                  August 6, 2024 concerning the Charter of the Board
Board of Directors or members of the Board of                     of Directors of PT Bank Negara Indonesia (Persero)
Commissioners who own shares with voting rights                   Tbk. [ACGS A.7.1]
either directly or indirectly are required to submit
a report on ownership of voting rights over shares                POLICY IMPLEMENTATION IN 2024
and any changes in ownership of voting rights over
Public Company shares to the OJK. The report must                 Throughout 2024, there have been changes in BNI
be submitted immediately no later than 5 (five)                   share ownership by non-independent members of
working days from the occurrence of ownership of                  the Board of Directors and Board of Commissioners,
voting rights on shares or any change in ownership                all of which have been reported to the OJK using
of voting rights on shares of a Public Company. [ACGS             procedures and mechanisms in accordance with
C.1.3]                                                            applicable regulations.




 1070    Transforming the Future, Empowering Indonesia
Page 470
Capital & Risk Management   Good Corporate   Social & Environmental      ESG        Financial
         Practices           Governance          Responsibility       Commitment   Statements




                                                                                                         2024 Annual Report
                                                                                       PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                1071
Page 471
                                     Performa      Management          Company         Management Discussion and           Business Support
                                       2024          Report             Profile      Analysis on Company Performance          Functions



SHARE OWNERSHIP OF THE BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS
AT BNI [ACGS C.5.1]

The detailed report on changes in share ownership by the Board of Commissioners and Directors
in 2024 is presented in the following table:
                                                                  Share Ownership

       Name                      Position                  Per January 1,       Per December         Transaction           Number of
                                                                2024               31, 2024          Description            Shares

BOARD OF COMMISSIONERS
Pradjoto             President Commissioner            0                    0
                     (Independent Commissioner)
Pahala Nugraha       Vice President Commissioner 0                          677,291              Transfer              410,600 share
Mansury                                                                     (0.0018%)




                                                                                                 Transfer              127,091 share




                                                                                                 Purchase              139,600 share

Sigit Widyawan       Independent Commissioner          0                    0                    -                     -
Askolani1)           Commissioner                      809,086              1,752,462            Transfer              514,200 share
                                                       (0.0021693%)         (0.0046%)




                                                                                                 Transfer              429,176 share




Asmawi Syam          Independent Commissioner          0                    0                    -                     -
Septian Hario Seto   Independent Commissioner          0                    0                    -                     -
Iman Sugema          Independent Commissioner          0                    0                    -                     -
Erwin Rijanto        Independent Commissioner          0                    0                    -                     -
Slamet
Fadlansyah Lubis     Commissioner                      43,484               986,860              Transfer              514,200 share
                                                       (0.0001166%)         (0.0026%)




                                                                                                 Transfer              429,176 share




Robertus Billitea    Commissioner                      42,400               864,066              Transfer              479,500 share
                                                       (0.001137%)          (0.0023%)




                                                                                                 Transfer              342,166 share




Mohamad Yusuf        Commissioner                      0                    0                    -                     -
Permana2)
Susyanto3)           Commissioner                      634,594              -                    Transfer              514,200 share
                                                       (0.0017014%)




1072   Transforming the Future, Empowering Indonesia
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    Capital & Risk Management   Good Corporate   Social & Environmental          ESG         Financial
             Practices           Governance          Responsibility           Commitment    Statements




                    Changes in Share Ownership
                                                                                                                         Date of          Share
                                                                                       Transaction Reporting
                         Transaction Purpose                                  Price                                     Reporting       Ownership
                                                                                          Date     Date to BNI
                                                                                                                         to OJK          Status


-                                                                         -            -              -                             -

As part of the implementation of the Long Term Incentive                  Rp4,704,-    February       February      February        Immediately
(LTI) for Non-Independent members of the Board of Directors                            15, 2024       15, 2024      23, 2024
and Board of Commissioners as stipulated in the Regulation
of the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
As part of the implementation of the Financial Services                   Rp4,826.33   May 13,        May 13,       May 17,         Immediately
Authority Regulation No. 45/POJK.03/2015 on the                                        2024           2024          2024
Implementation of Governance in the Provision of
Remuneration for Commercial Banks.
Investment                                                                Rp5,000,-    July 17,       July 17,      August 8,       Immediately
                                                                                       2024           2024          2024
-                                                                         -            -              -             -               -
As part of the implementation of the Long Term Incentive                  Rp4,704,-    February       February      February        Immediately
(LTI) for Non-Independent members of the Board of Directors                            15, 2024       15, 2024      23, 2024
and Board of Commissioners as stipulated in the Regulation
of the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
As part of the implementation of the Financial Services                   Rp4,826.33   May 13,        May 13,       May 17,         Immediately
Authority Regulation No. 45/POJK.03/2015 on the                                        2024           2024          2024
Implementation of Governance in the Provision of
Remuneration for Commercial Banks.
-                                                                         -            -              -             -               -
-                                                                         -            -              -             -               -
-                                                                         -            -              -             -               -
-                                                                         -            -              -             -               -

As part of the implementation of the Long Term Incentive                  Rp4,704,-    February       February      February        Immediately
(LTI) for Non-Independent members of the Board of Directors                            15, 2024       15, 2024      23, 2024
and Board of Commissioners as stipulated in the Regulation
of the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
As part of the implementation of the Financial Services                   Rp4,826.33   May 13,        May 13,       May 17,         Immediately
Authority Regulation No. 45/POJK.03/2015 on the                                        2024           2024          2024
Implementation of Governance in the Provision of
Remuneration for Commercial Banks.
As part of the implementation of the Long Term Incentive                  Rp4,704,-    February       February      February        Immediately
(LTI) for Non-Independent members of the Board of Directors                            15, 2024       15, 2024      23, 2024
and Board of Commissioners as stipulated in the Regulation
of the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
As part of the implementation of the Financial Services                   Rp4,826.33   May 13,        May 13,       May 17,         Immediately
Authority Regulation No. 45/POJK.03/2015 on the                                        2024           2024          2024
Implementation of Governance in the Provision of
Remuneration for Commercial Banks.
-                                                                         -            -              -             -               -

As part of the implementation of the Long Term Incentive                  Rp4,704,-    February       February      February        Immediately
(LTI) for Non-Independent members of the Board of Directors                            15, 2024       15, 2024      23, 2024
and Board of Commissioners as stipulated in the Regulation
of the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.



                                                                                                                    2024 Annual Report
                                                                                                  PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                             1073
Page 473
                                     Performa      Management         Company       Management Discussion and         Business Support
                                       2024          Report            Profile    Analysis on Company Performance        Functions



                                                                Share Ownership

       Name                      Position               Per January 1,      Per December        Transaction            Number of
                                                             2024              31, 2024         Description             Shares

BOARD OF DIRECTORS
Royke Tumilaar       President Director                1,115,346           3,656,941          Transfer              1,269,600 share
                                                       (0.0029904%)        (0.0098%)




                                                                                              Purchase              212,300 share
                                                                                              Transfer              1,059,695 share




Putrama Wahju        Deputy President Director         1,686,386           3,879,526          Transfer              1,079,200 share
Setyawan4)                                             (0.0045215%)        (0.0104%)




                                                                                              Transfer              900,740 share




                                                                                              Purchase              213,200 share
Novita Widya         Finance Director                  948,044             3,143,884          Transfer              1,079,200 share
Anggraini                                              (0.0025419%)        (0.0084%)




                                                                                              Purchase              105,900 share
                                                                                              Transfer              900,740 share




                                                                                              Purchase              110,000 share

Corina Leyla         Retail Banking Director           1,442,034           3,506,474          Transfer              1,079,200 share
Karnalies5)                                            (0.0038663%)        (0.0094%)




                                                                                              Purchase              84,500 share
                                                                                              Transfer              900,740 share




David Pirzada        Risk Management Director          880,044             2,859,984          Transfer              1,079,200 share
                                                       (0.0023595%)        (0.0076%)




                                                                                              Transfer              900,740 share




Ronny Venir          Network & Services Director       1,559,656           3,539,596          Transfer              1,079,200 share
                                                       (0.0041817%)        (0.0094%)




                                                                                              Transfer              900,740 share




1074   Transforming the Future, Empowering Indonesia
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 Capital & Risk Management   Good Corporate   Social & Environmental         ESG          Financial
          Practices           Governance          Responsibility          Commitment     Statements



                 Changes in Share Ownership
                                                                                                                   Date of         Share
                                                                                    Transaction Reporting
                      Transaction Purpose                                 Price                                   Reporting      Ownership
                                                                                       Date     Date to BNI
                                                                                                                   to OJK         Status


As part of the implementation of the Long Term Incentive               Rp4,704,-    February       February      February       Immediately
(LTI) for Non-Independent members of the Board of Directors                         15, 2024       15, 2024      23, 2024
and Board of Commissioners as stipulated in the Regulation
of the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
Investment                                                             Rp4,710,-    May 7, 2024 May 7, 2024 May 8, 2024 Immediately
As part of the implementation of the Financial Services                Rp4,826.33   May 13,        May 13,       May 17,        Immediately
Authority Regulation No. 45/POJK.03/2015 on the                                     2024           2024          2024
Implementation of Governance in the Provision of
Remuneration for Commercial Banks.
As part of the implementation of the Long Term Incentive               Rp4,704,-    February       February      February       Immediately
(LTI) for Non-Independent members of the Board of Directors                         15, 2024       15, 2024      23, 2024
and Board of Commissioners as stipulated in the Regulation
of the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
As part of the implementation of the Financial Services                Rp4,826.33   May 13,        May 13,       May 17,        Immediately
Authority Regulation Number 45/POJK.03/2015 concerning                              2024           2024          2024
the Implementation of Governance in the Provision of
Remuneration for Commercial Banks
Investment                                                             Rp4,690,-    May 8, 2024 May 8, 2024 May 8, 2024 Immediately
As part of implementing Long Term Incentives (LTI) for                 Rp4,704,-    February       February      February       Immediately
members of the Board of Directors and Non-Independent                               15, 2024       15, 2024      23, 2024
Board of Commissioners as regulated in the Regulation of
the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
Investment                                                             Rp4,720,-    May 7, 2024 May 7, 2024 May 8, 2024 Immediately
As part of implementing Financial Services Authority                   Rp4,826.33   May 13,        May 13,       May 17,        Immediately
Regulation Number 45/POJK.03/2015 concerning the                                    2024           2024          2024
Implementation of Governance in the Provision of
Remuneration for Commercial Banks
Investment                                                             Rp4,510,-    May 30,        May 30,       June 5,        Immediately
                                                                                    2024           2024          2024
As part of implementing Long Term Incentives (LTI) for                 Rp4,704,-    February       February      February       Immediately
members of the Board of Directors and Non-Independent                               15, 2024       15, 2024      23, 2024
Board of Commissioners as regulated in the Regulation of
the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
Investment                                                             Rp4,740,-    May 8, 2024 May 8, 2024 May 8, 2024 Immediately
As part of implementing Financial Services Authority                   Rp4,826.33   May 13,        May 13,       May 17,        Immediately
Regulation Number 45/POJK.03/2015 concerning the                                    2024           2024          2024
Implementation of Governance in the Provision of
Remuneration for Commercial Banks
As part of implementing Long Term Incentives (LTI) for                 Rp4,704,-    February       February      February       Immediately
members of the Board of Directors and Non-Independent                               15, 2024       15, 2024      23, 2024
Board of Commissioners as regulated in the Regulation of
the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
As part of implementing Financial Services Authority                   Rp4,826.33   May 13,        May 13,       May 17,        Immediately
Regulation Number 45/POJK.03/2015 concerning the                                    2024           2024          2024
Implementation of Governance in the Provision of
Remuneration for Commercial Banks
As part of implementing Long Term Incentives (LTI) for                 Rp4,704,-    February       February      February       Immediately
members of the Board of Directors and Non-Independent                               15, 2024       15, 2024      23, 2024
Board of Commissioners as regulated in the Regulation of
the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
As part of implementing Financial Services Authority                   Rp4,826.33   May 13,        May 13,       May 17,        Immediately
Regulation Number 45/POJK.03/2015 concerning the                                    2024           2024          2024
Implementation of Governance in the Provision of
Remuneration for Commercial Banks


                                                                                                                 2024 Annual Report
                                                                                               PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                        1075
Page 475
                                                Performa        Management             Company            Management Discussion and                Business Support
                                                  2024            Report                Profile         Analysis on Company Performance               Functions



                                                                                 Share Ownership

         Name                             Position                       Per January 1,           Per December            Transaction              Number of
                                                                              2024                   31, 2024             Description               Shares

 Mucharom                   Human Capital &                          348,008                  2,541,148               Transfer                 1,079,200 share
                            Compliance Director                      (0.0009331%)             (0.0068%)




                                                                                                                      Purchase                 213,200 share
                                                                                                                      Transfer                 900,740 share




 Toto Prasetio              Technology & Operations                  89,856                   2,163,696               Transfer                 1,079,200 share
                            Director                                 (0.0002409%)             (0.0058%)




                                                                                                                      Transfer                 62,100 share
                                                                                                                      Purchase                 32,000 share
                                                                                                                      Transfer                 900,740 share




 I Made Sukajaya6)          Enterprise & Commercial                  4                        576,912                 Transfer                 576,912 share
                            Banking Director                         (0.0000000%)             (0.0015%)




 Hussein Paolo              Digital and Integrated                   301,478                  918,611                 Purchase                 211,800 share
 Kartadjoemena6)            Transaction Banking Director             (0.0007%)                (0.0024%)
                                                                                                                      Transfer                 405,333 share




 Agung Prabowo7)            Wholesale & International                101,356                  101,356                 -                        -
                            Banking Director                         (0.0002%)                (0.0002%)
 Munadi                     Institutional Banking Director           0                        0                       -                        -
 Herlambang8)
 Adi Sulistyowati9)         Deputy President Director                905,706                  -                       Transfer                 1,142,700 share
                                                                     (0.0024283%)




 Sis Apik                   Enterprise &                1,579,946                             -                       Transfer                 1,079,200 share
 Wijayanto9)                Commercial Banking Director (0.0042361%)




 Silvano Winston            Wholesale &                              948,044                  -                       Transfer                 1,079,200 share
 Rumantir9)                 International Banking                    (0.0025419%)
                            Director



 Muhammad Iqbal9)           Institutional                            948,044                  -                       Transfer                 1,079,200 share
                            Banking Director                         (0.0025419%)




1. His term of office ended and he was reappointed based on the decision of the Annual GMS dated March 4, 2024 as Commissioner for the second period since
   March 4, 2024.
2. Serving as Commissioner since March 4, 2024 and effective based on OJK approval since September 2, 2024
3. Ceased to serve as Commissioner since March 4, 2024
4. Received a transfer of assignment as Director of Retail Banking to Deputy President Director since March 4, 2024 and effective based on OJK approval since
   September 2, 2024
5. Transferred his original assignment as Director of Digital and Integrated Transaction Banking to Director of Retail Banking since March 4, 2024.
6. Served as Director since March 4, 2024 and effective based on OJK approval since September 2, 2024
7. Serving as Director of Wholesale & International Banking since March 4, 2024 and effective based on OJK approval since October 7, 2024
8. Serving as Director of Institutional Banking since March 4, 2024 and can only carry out actions, duties and functions after obtaining OJK approval
9. Ceased to serve as Director since March 4, 2024

 1076     Transforming the Future, Empowering Indonesia
Page 476
    Capital & Risk Management   Good Corporate   Social & Environmental          ESG         Financial
             Practices           Governance          Responsibility           Commitment    Statements



                    Changes in Share Ownership
                                                                                                                         Date of          Share
                                                                                       Transaction Reporting
                         Transaction Purpose                                  Price                                     Reporting       Ownership
                                                                                          Date     Date to BNI
                                                                                                                         to OJK          Status
As part of implementing Long Term Incentives (LTI) for                    Rp4,704,-    February       February      February        Immediately
members of the Board of Directors and Non-Independent                                  15, 2024       15, 2024      23, 2024
Board of Commissioners as regulated in the Regulation of
the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
Investment                                                                Rp4,690,-    May 8, 2024 May 8, 2024 May 8, 2024 Immediately
As part of implementing Financial Services Authority                      Rp4,826.33   May 13,        May 13,       May 17,         Immediately
Regulation Number 45/POJK.03/2015 concerning the                                       2024           2024          2024
Implementation of Governance in the Provision of
Remuneration for Commercial Banks
As part of implementing Long Term Incentives (LTI) for                    Rp4,704,-    February       February      February        Immediately
members of the Board of Directors and Non-Independent                                  15, 2024       15, 2024      23, 2024
Board of Commissioners as regulated in the Regulation of
the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
Investment                                                                Rp4,835,-    May 3, 2024 May 3, 2024 May 8, 2024 Immediately
Investment                                                                Rp4,710,-    May 7, 2024 May 7, 2024 May 8, 2024 Immediately
As part of implementing Financial Services Authority                      Rp4,826.33   May 13,        May 13,       May 17,         Immediately
Regulation Number 45/POJK.03/2015 concerning the                                       2024           2024          2024
Implementation of Governance in the Provision of
Remuneration for Commercial Banks
• As part of implementing the Financial Services Authority                Rp4,826.33   May 13,        May 13,       May 17,         Immediately
  Regulation Number 45/POJK.03/2015 concerning the                                     2024           2024          2024
  Implementation of Governance in the Provision of
  Remuneration for Commercial Banks
• Investment
Investment                                                                Rp4,720,-    May 7, 2024 May 7, 2024 May 8, 2024 Immediately
As part of implementing Financial Services Authority                      Rp4,826.33   May 13,        May 13,       May 17,         Immediately
Regulation Number 45/POJK.03/2015 concerning the                                       2024           2024          2024
Implementation of Governance in the Provision of
Remuneration for Commercial Banks
-                                                                         -            -              -             -               Immediately

-                                                                         -            -              -             -               -

As part of implementing Long Term Incentives (LTI) for                    Rp4,704,-    February       February      February        Immediately
members of the Board of Directors and Non-Independent                                  15, 2024       15, 2024      23, 2024
Board of Commissioners as regulated in the Regulation of
the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
As part of implementing Long Term Incentives (LTI) for                    Rp4,704,-    February       February      February        Immediately
members of the Board of Directors and Non-Independent                                  15, 2024       15, 2024      23, 2024
Board of Commissioners as regulated in the Regulation of
the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
As part of implementing Long Term Incentives (LTI) for                    Rp4,704,-    February       February      February        Immediately
members of the Board of Directors and Non-Independent                                  15, 2024       15, 2024      23, 2024
Board of Commissioners as regulated in the Regulation of
the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.
As part of implementing Long Term Incentives (LTI) for                    Rp4,704,-    February       February      February        Immediately
members of the Board of Directors and Non-Independent                                  15, 2024       15, 2024      23, 2024
Board of Commissioners as regulated in the Regulation of
the Minister of SOEs No. PER-3/MBU/03/2023 concerning
SOE Organs and Human Resources.




                                                                                                                    2024 Annual Report
                                                                                                  PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                             1077
Page 477
                                     Performa      Management       Company       Management Discussion and       Business Support
                                       2024          Report          Profile    Analysis on Company Performance      Functions



SHARES OWNERSHIP OF THE BOARD                                     as well as at other banks, other companies, and
OF COMMISSIONERS AND BOARD                                        non-bank financial institutions, both at home and
OF DIRECTORS IN BANK OR OTHER                                     abroad. This transparency step aims to ensure that
COMPANIES [ACGS C.1.3]                                            each member of the Board of Commissioners and
                                                                  the Board of Directors can maintain independence
BNI makes the implementation of Good Corporate                    in carrying out their duties and responsibilities.
Governance (GCG) and compliance with regulations
a top priority to maintain the company’s integrity and            As of December 31, 2024, it is recorded that no
transparency. In order to support this commitment,                member of BNI’s Board of Commissioners and
BNI consistently provides information regarding                   Board of Directors owns shares in other banks,
share ownership held by members of the Board of                   non-bank financial institutions, or other companies
Commissioners and the Board of Directors at BNI,                  domiciled at home or abroad. Detailed information
                                                                  is presented in the following table:


                                                                           Shareholding as of December 31, 2024

           Name                         Position                                                  Non-Bank
                                                                                                                    Other
                                                                    BNI         Other Banks        Financial
                                                                                                                  Companies
                                                                                                 Institutions
BOARD OF COMMISSIONERS
Pradjoto                   President Commissioner                          0        Nil               Nil              Nil
                           (Independent Commissioner)
Pahala Nugraha             Vice President Commissioner                677,291       Nil               Nil              Nil
Mansury                                                         (0.0018159%)
Sigit Widyawan             Independent Commissioner                        0        Nil               Nil              Nil
Askolani                   Commissioner                             1,752,462       Nil               Nil              Nil
                                                                (0.0046986%)
Asmawi Syam                Independent Commissioner                        0        Nil               Nil              Nil
Septian Hario Seto         Independent Commissioner                        0        Nil               Nil              Nil
Iman Sugema                Independent Commissioner                        0        Nil               Nil              Nil
Erwin Rijanto Slamet       Independent Commissioner                        0        Nil               Nil              Nil
Fadlansyah Lubis           Commissioner                               986,860       Nil               Nil              Nil
                                                                (0.0026459%)
Robertus Billitea          Commissioner                               864,066       Nil               Nil              Nil
                                                                (0.0023167%)
Mohamad Yusuf              Commissioner                                    0        Nil               Nil              Nil
Permana




1078   Transforming the Future, Empowering Indonesia
Page 478
Capital & Risk Management   Good Corporate   Social & Environmental       ESG          Financial
         Practices           Governance          Responsibility        Commitment     Statements



                                                                                 Shareholding as of December 31, 2024

                   Name                      Position                                                   Non-Bank
                                                                                                                           Other
                                                                          BNI         Other Banks        Financial
                                                                                                                         Companies
                                                                                                       Institutions
       BOARD OF DIRECTORS
       Royke Tumilaar            President Director                       3,656,941       Nil               Nil               Nil
                                                                      (0.0098048%)
       Putrama Wahju             Deputy President Director                3,879,526       Nil               Nil               Nil
       Setyawan                                                        (0.104016%)
       Novita Widya Anggraini    Finance Director                         3,143,884       Nil               Nil               Nil
                                                                      (0.0084293%)
       Corina Leyla Karnalies    Retail Banking Director                  3,506,474       Nil               Nil               Nil
                                                                      (0.0094014%)
       David Pirzada             Risk Management Director                 2,859,984       Nil               Nil               Nil
                                                                      (0.0076681%)
       Ronny Venir               Network & Services Director              3,539,596       Nil               Nil               Nil
                                                                      (0.0094902%)
       Mucharom                  Human Capital & Compliance               2,541,148       Nil               Nil               Nil
                                 Director                             (0.0068132%)
       Toto Prasetio             Technology & Operations                  2,163,696       Nil               Nil               Nil
                                 Director                             (0.0058012%)
       I Made Sukajaya           Enterprise & Commercial                    576,912       Nil               Nil               Nil
                                 Banking Director                     (0.0015468%)
       Hussein Paolo             Digital and Integrated                     918,611       Nil               Nil               Nil
       Kartadjoemena             Transaction Banking Director         (0.0024629%)
       Agung Prabowo             Wholesale & International                  101,356       Nil               Nil               Nil
                                 Banking Director                     (0.0002718%)
       Munadi Herlambang1)       Institutional Banking Director                  0        Nil               Nil               Nil
  1)
       Not yet effective




                                                                                                            2024 Annual Report
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Whistleblowing
System

EXISTENCE AND PURPOSE OF THE                                    The President Director ensures that all WBS reports,
WHISTLEBLOWING SYSTEM (WBS) [ACGS B.7.1]                        accompanied by relevant data and supporting
                                                                evidence, will be followed up on in a professional
BNI is committed to applying the principles of Good             and transparent manner. This commitment is carried
Corporate Governance (GCG) in all its activities,               out by appointing an independent party, Deloitte,
including through the implementation of the                     to manage the WBS channels. Additionally, BNI
Whistleblowing System (WBS). WBS is a mechanism                 guarantees the confidentiality of whistleblowers
designed to support transparency, integrity, and                and the actions taken in response to violations.
accountability in the company’s operations. This
system provides an opportunity for BNI Hi-Movers,               Since March 2, 2021, BNI has strengthened its
partners, and other external parties to report BNI              commitment to combating corruption through
Hi-Movers suspected of engaging in activities that              collaboration with the Corruption Eradication
violate laws, codes of ethics, or the company’s                 Commission (KPK). In this partnership, BNI actively
internal policies. Reports can include issues such as           reports complaints related to corruption cases that
fraud, corruption, conflicts of interest, bribery, and          arise through the WBS to KPK. These reports are
violations of the code of ethics or unethical conduct.          submitted periodically to ensure stringent oversight
Through this system, BNI aims to create a safer                 and guarantee accountability at every stage of the
environment and is committed to upholding the                   process. This collaboration is part of BNI’s efforts
company’s ethical standards.                                    to maintain transparency and integrity within the
                                                                company, as well as to strengthen public trust in
The primary objective of the WBS is to prevent detect           BNI’s commitment to preventing corruption.
potential violations at early stage and to serve as a
tool for BNI to maintain the trust of all stakeholders,         WBS MANAGEMENT
including customers, debtors, business partners,
employees, and regulators, while ensuring that                  The responsibility for managing the WBS remains
preventive actions can be taken. Furthermore, the               under the control of the President Director, with
system is designed to protect whistleblowers from               support from the Director of Human Capital &
retaliation or intimidation, thereby encouraging                Compliance. Deloitte, as an external independent
more individuals to report violations without fear.             party, plays a role in providing technical support
As such, BNI seeks to strengthen a work culture                 to ensure that the WBS operates according to
that is honest, transparent, and highly integrated              the highest standards, while strategic decisions
with the ethical standards in every aspect of its               regarding the WBS are made internally by BNI. [ACGS
business activities, while fostering a conducive                (B).B.1.7]
work environment and enhancing the Bank’s
accountability.                                                 Internally, the management mechanism of the WBS
                                                                involves the appointment of the Head of Internal
COMMITMENT TO THE WHISTLEBLOWING                                Audit by the President Director. The Head of Internal
SYSTEM (WBS) [ACGS B.7.1]                                       Audit is responsible for managing the entire WBS
                                                                operational process, from receiving to handling
BNI is committed to ensuring transparency and                   reports. The Head of Internal Audit reports the
accountability in its operational activities by                 management outcomes and progress of reports to
implementing the WBS, known as “WBS to CEO.”                    the President Director on a regular basis, ensuring
                                                                that each WBS report is handled properly and
                                                                transparently according to established procedures.




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  SUBMISSION OF WBS REPORTS [ACGS B.5.1]

  To facilitate the reporting process, BNI, through Deloitte, has provided several reporting channels that can
  be utilized by whistleblowers, as follows:



            Website:                             Email:                   SMS/Whatsapp:                      Telephone:                       Letter:
      https://bni-transparan.         bni-transparan@tipoffs.               081-1970-1946                   021-57853377                 BNI Transparan
            tipoffs.info                      com.sg                                                                                 PO BOX 2646/JKP 10026



  COMPLAINT REPORTING MECHANISM THROUGH WBS CHANNEL [ACGS B.7.1]

                                    WBS CONSULTANT                     INTERNAL AUDIT UNIT (IAD)            EXAMINATION PARTY              WITNESS COMMITTEE


                                                                               WBS Manager
     REPORTER
                                                                                   3a
                                      Deloitte
                                                                                                                 VIOLATION
                      1                                            2                                3b          Investigator        4
                                                                                                                (IAD/SORX/
                                                                                                                    AFR)

                    Data                                         Web                                WBS                           Proven
                 Pendukung                                       Room                              Report                         Report
                                                                                                               EMPLOYMENT
                                                                                                               Human Capital
                                                                                                              Services Division
                                      Whistleblower Service
                                      (Deloitte SafeSpace                                                                                     Administrative
                     5                Report workplace             5                                 5                              5           Sanction
                                      fraud and                                                                                                 Decision
                                      misconduct)                                                              CUSTOMER
                                                                                                              COMPLAINTS
                                                                                                              CXC/Managing
                                                                                                                  Unit




  1. Whistleblowers may submit WBS reports via                                       4. The results of the follow-up actions for WBS
      phone, email, letter, website, or SMS/WhatsApp                                    reports that are proven to involve violations will
      to the WBS Consultant from Deloitte.                                              result in administrative sanctions in accordance
      a. Deloitte will screen the WBS report. If the                                    with applicable regulations.
          report does not meet the 4W1H criteria                                     5. Each unit/Division that follows up on a WBS
          (What, Who, Where, When, How), Deloitte will                                  report must submit the results of their actions
          request additional supporting data from the                                   to Internal Audit, which will then forward the
          Whistleblower.                                                                information to Deloitte for communication with
      b. The Whistleblower will then provide the                                        the Whistleblower.
          requested supporting data to Deloitte.
  2. Subsequently, Deloitte will forward the WBS                                     PROTECTION FOR WHISTLEBLOWERS                                        [ACGS:
      report to the WBS Manager, which is the Internal                               B.7.2]
      Audit.
  3. Internal Audit will analyze the WBS report and                                  BNI is committed to providing maximum protection
      conduct a direct investigation. If necessary, the                              and safeguarding every report received. Protection
      report will be forwarded to the Senior Operational                             for the Whistleblower is fundamentally a right
      Risk Executive (SORX), Anti-Fraud Unit (AFR), or                               afforded to them. This aims to ensure the safety of
      the relevant Division/Unit/Unit according to the                               the Whistleblower against any threats or actions
      nature of the report, as follows:                                              that may arise as a consequence of submitting a
      a. Reports related to violations will be forwarded                             violation report.
          to the Investigator Unit.
      b. Employee-related issues will be forwarded to                                To protect confidentiality and provide maximum
          the Human Capital Division.                                                protection for Whistleblowers, BNI offers several
      c. Customer complaints will be forwarded to the                                options for disclosing identity when reporting via
          Customer Experience Center Division or the                                 the WBS, as follows:
          Managing Unit.




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1. The Whistleblower may choose to fully disclose               ROLES OF THE BOARD OF DIRECTORS AND
   their identity to the WBS Consultant Team and                BOARD OF COMMISSIONERS IN BNI’S WBS
   BNI (Full Disclosure).
2. The Whistleblower may disclose their identity                The Board of Directors and the Board of
   only to the WBS Consultant Team without                      Commissioners play strategic roles in the
   forwarding it to BNI (Partial Anonymity).                    implementation and oversight of the WBS. The
3. The Whistleblower has the option to remain                   Board of Directors is responsible for reviewing
   completely anonymous, where their identity is                and approving the policies and procedures of the
   unknown both to the WBS Consultant Team and                  WBS. Additionally, the Board of Directors regularly
   BNI (Anonymous).                                             receives reports related to the WBS, including the
                                                                number of reports received, their handling status,
However, to maintain the integrity of the reporting             and recommended follow-up actions. Based on
process, BNI may impose sanctions on the                        these reports, the Board provides input and direction
Whistleblower if it is proven that the report was               to ensure the effectiveness of the system and proper
defamatory and had other purposes contrary to                   handling.
the intent and objectives of the WBS Policy. Such
sanctions will be in accordance with applicable                 On the other hand, the Board of Commissioners
regulations.                                                    carries out an oversight function by receiving and
                                                                reviewing WBS reports presented through the
TYPES OF VIOLATIONS THAT CAN BE                                 Audit Committee on a regular basis. The Board of
REPORTED                                                        Commissioners then provides strategic direction
                                                                and guidance to ensure that the WBS operates
In accordance with applicable regulations, the types            in accordance with good governance principles,
of violations that can be reported through BNI’s WBS            supporting the creation of a transparent and
mechanism include:                                              integrity-driven work environment at BNI.
1. Fraud
    Fraud refers to dishonest acts or deceitful                 SOCIALIZATION OF WBS IMPLEMENTATION
    practices, including, but not limited to, fraud,
    extortion, forgery, concealment or destruction              The socialization of WBS implementation at BNI is
    of documents/reports, and the use of counterfeit            carried out comprehensively to ensure that all BNI
    documents. These actions may be carried out by              Hi-Movers understand the importance of this system
    individuals or groups and have the potential to             and the reporting procedures. Various activities such
    cause actual harm or loss to the Bank.                      as surveys, training sessions, and distribution of
2. Violation of Regulations/Laws                                informational materials are employed.
    Acts or deeds that violate the law and are subject
    to penalties in accordance with applicable legal            In 2024, the socialization of WBS at BNI was
    provisions, whether internal or external.                   successfully executed, utilizing a more innovative
3. Conflict of Interest                                         and integrated approach. Various communication
    A situation where members of the Board of                   platforms were leveraged to deliver clear and
    Directors, Board of Commissioners, committee                comprehensive        information   regarding    the
    members,                permanent/non-permanent             WBS, including its roles, benefits, and reporting
    employees/outsourcing (BNI Hi-Movers) have                  procedures. As such, all employees are expected to
    personal interests that could influence the                 gain a deeper understanding of the importance of
    objective performance of duties entrusted by                the WBS in fostering a transparent and accountable
    the Bank. This may result in a conflict between             work environment.This effort also aims to encourage
    personal, group, or family interests and the                active participation from employees in reporting
    Bank’s economic interests.                                  potential violations, thereby strengthening the
4. Bribery/Gratification/Extortion (Illegal Levies)             culture of integrity at BNI.
    Receiving anything of value, in any form or
    amount, from a third party related to a position,           RESULTS OF COMPLAINT HANDLING
    authority, or responsibility at the Bank.
5. Violation of Code of Conduct/Unethical Behavior              Number of Complaints in 2024
    Acts or conduct performed by BNI Hi-Movers that             Throughout 2024, the number of reports of alleged
    are ethically unjustifiable, including violations of        violations received through the WBS mechanism
    the Code of Conduct.                                        totaled 296 reports.The highest volume of complaints
                                                                came through e-mail, accounting for 39.19% of the
                                                                total reports. The second most common channel was
                                                                website, with a percentage of 31.76%, followed by
                                                                the third channel, WhatsApp, contributing 22.97% of
                                                                the total reports.

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  Of the total complaints, 83.45% or 247 reports were followed up during 2024, with 51 reports substantiated
  and 196 reports found to be unsubstantiated.


     Report Status                                                    Complaint Channel
     (%)                                                              (%)
                                                                                            0.43
                                                                                     3.40
                                                                                              3.40
                              16.17



                                                                                                                       E-mail
                                                                       44.68                                           Whatsapp

                2024                              Completed
                                                  In Process
                                                                                   2024                    26.81
                                                                                                                       Website
                                                                                                                       PO Box/Letter

      83.33                                                                                                            SMS
                                                                                                                       Telephone
                                                                                                   21.28




  FOLLOW-UP ON COMPLAINTS IN 2024

  Each report received through the WBS undergoes an investigative process, and if a violation of applicable
  regulations is substantiated, sanctions will be imposed on the reported party in accordance with BNI’s
  policies. In 2024, BNI imposed sanctions on 10 employees, 3 of whom received sanctions in the form of
  termination of employment. The application of these sanctions aims to enforce compliance with the Bank’s
  ethical standards and integrity, as well as to maintain BNI’s credibility in the eyes of stakeholders. Through
  this measure, BNI demonstrates its commitment to preventing violations and fostering a more transparent
  and accountable work environment.




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Strategic Plan
for the Bank

BNI CORPORATE PLAN 2024-2028                                    To achieve the Vision of Indonesia Emas 2045, the
                                                                government has outlined the national development
The global and domestic economic conditions                     direction in the Long-Term National Development
remain a key area of focus. Various policies and                Plan (RPJPN) for 2025-2045, which is further
regulations will be shaped by the political landscape           articulated in the Draft Medium-Term National
over the next five years, especially as 64 countries            Development Plan (RPJMN) for 2025-2029. The
representing 49% of the global population hold                  government has set five key objectives, namely,
elections in 2024, including major nations such as the          achieving a per capita income level comparable to
United States and European Union countries, which               that of developed nations, reducing poverty and
will form new governments in 2025. In the financial             inequality, enhancing international leadership and
sector, the banking industry faces increasingly                 influence, improving human competitiveness, and
intense competition, particularly as technological              reducing greenhouse gas emissions toward a net-
advancements give rise to new players outside the               zero emission goal.The banking sector plays a critical
traditional banking sector, offering financial services         role in supporting these objectives, particularly
akin to those provided by banks.                                through its function in fostering inclusive economic
                                                                growth, supporting priority sectors, and advancing
Domestically, the government aims to drive                      green economy initiatives through integrated
economic growth from its current level of 5% to 6% in           financial and transactional services, as well as
the medium term, with aspirations to accelerate this            deepening financial sector intermediation.
growth to 8% in pursuit of Indonesia’s Vision 2045.
This vision seeks to avoid the “middle-income trap”             In response to these developments, the Company
and establish Indonesia as the fifth-largest economy            affirms that its Long-Term Corporate Plan for 2024-
in the world, with a GNI per capita of USD 30,300 -             2028 remains a relevant strategic framework. The
effectively making it a developed nation by 2045. To            Corporate Plan is developed through a four-phase
achieve this, investment growth must increase to 8%             approach, known as the 4D (Dream, Discovery, Design,
from the current average of 4% between 2021 and                 and Delivery) model. This process involves almost
2024. Investment will be directed toward high-tech              all of BNI’s leadership to ensure ownership from
manufacturing and services, including downstream                the formulation stage through to implementation.
natural resources and agriculture sectors.                      After extensive analysis and discussions, and
                                                                in consideration of existing challenges and
On the consumption front, which accounts for 53%                opportunities, as well as the aspirations of the
of Indonesia’s economic composition, growth is                  controlling shareholders articulated by the Ministry
expected to remain robust in the medium term,                   of State-Owned Enterprises (SOE), BNI has set a
supported by a favorable demographic profile.                   long-term aspiration for 2028 to become “The Bank
Indonesia is currently at the peak of its demographic           with the Best Technology & People at the Core to
dividend, as the dependency ratio (the ratio of non-            Serve You.” This strategic direction will form the
productive to productive age groups) is at its lowest.          unique value propositions that BNI will build moving
Over 50% of the population consists of millennials              forward, focusing on three core areas: Productivity,
and Gen-Z. Additionally, consumption will be driven             Platform, and Proposition. These areas will serve as
by the expanding middle and aspiring middle-                    key drivers of BNI’s competitive advantage in the
income classes, which currently make up 66% of the              banking industry.
population.




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         Vision
                                                              To become a financial institution that excels
                                                                in sustainable service and performance

                                                                                                                                             Becoming a
                     Providing excellent         Strengthening                               Creating the best
                                                                                                                      Increasing           reference for the
                     services and digital         international                                conditions for
                                                                       Increasing the                               awareness and         implementation of
       Mission         solutions to all       services to support                              employees as
                                                                     prime investment                              responsibility to       compliance and
                     customers, and as        the needs from our                              a place of pride
                                                                     value for investors                           the environment          good corporate
                         the primary            global business                                 for work and
                                                                                                                     and society              governance
                      partner of choice              partner                                 accomplishment
                                                                                                                                              for industry

     Aspiration                                   Bank with leading-edge people and technology to serve you
     Statement



                            [2024] - PRODUCTIVITY                           [2025-2026] - PLATFORM                        [2027-2029] - PROPOSITION

    Milestones                                                                  Conduct business process
                              Improving productivity
                                                                                reengineering, and build and                    Statement of Aspiration A bank
                              through skills development,
                                                                                improve infrastructure to                       with leading human resources
                              role redesign, office network
                                                                                enhance client service and                      and technology to serve you
                              optimization and analytics
                                                                                experience



  In terms of portfolio strategy, BNI aspires to drive sustainable growth by focusing on healthy growth in the
  Corporate segment, including both private and state-owned enterprises (SOEs), as well as the Consumer
  segment, which will serve as the second pillar of growth after Corporate. Efforts to improve the small and
  medium-sized business (SME) segment will continue, aiming to enhance productivity and asset quality, with
  growth directed towards the wholesale business value chain.

  BNI also acknowledges that the progress and success of the Bank’s performance are closely tied to the
  environmental and social impacts arising from its activities. Therefore, BNI is committed to supporting Net
  Zero Emission (NZE) goals and climate resilience through environmental management, both in its internal
  operations and the external ecosystem. The company has established an ESG roadmap with targets for
  reducing greenhouse gas (GHG) emissions and supporting NZE, with the goal of achieving NZE by 2028 in
  operations and by 2060 in financing.

  BNI STRATEGIC POLICIES FOR 2024

  Amid the dynamic macroeconomic conditions throughout 2024, which impact the bank’s business
  environment, the company continuously monitors developments and mitigates their effects on strategic
  policy implementation, business achievement in 2024, and the long-term sustainability of business goals.

  According to the Corporate Plan 2024-2028, BNI’s focus for 2024 is to continue improving productivity by
  developing capabilities, redesigning roles, optimizing branch networks and analytics, and building and
  enhancing platforms to improve services and client experiences. This focus is outlined in six key strategies
  for 2024:




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       Expand business with top-tier clients by                 Throughout 2024, the BNIdirect platform has been
   1   strengthening risk management                            used by 173 thousand users, with a transaction
                                                                volume of Rp7,931 trillion, an increase of 23.3%
       Enhance digital platforms to optimize                    from the previous year. This increase in transaction
   2   transactional banking and cross-selling, with            volume then contributed significantly to the
       a focus on increasing AUM (Assets Under
                                                                acquisition of current account funds from companies
       Management), CASA (Current Account Savings
       Account), and sustainable FBI (Fee-Based Income)         and institutions that are the Company’s wholesale
                                                                customers.

       Strengthen the business network by optimizing
   3   outlets
                                                                BNI is further strengthening its role as Indonesia’s
                                                                business orchestrator in the global market by
                                                                expanding its network and enhancing international
       Develop international business networks to
   4   support global market penetration
                                                                business capabilities. Currently, BNI is present
                                                                in 8 global financial hubs, including Singapore,
                                                                Hong Kong, Tokyo, Osaka (Japan), New York (USA),
       Strengthen human capital and IT to enhance
   5   productivity
                                                                Seoul (South Korea), London (UK), Amsterdam
                                                                (Netherlands), and the latest addition in Sydney,
                                                                Australia, which was inaugurated in September
       Optimize the BNI Group to reinforce the position of      2024.
   6   subsidiary companies
                                                                Strengthening the role of subsidiary companies is
                                                                also a key focus, with ongoing efforts to optimize
As a translation of the Company’s aforementioned                synergies within the BNI Group. Several synergies
key strategies, several important initiatives for 2024          have already been implemented, including joint
include improving productivity through increasing               financing collaborations between BNI and BNI
the role of frontliners (Customer Service and Teller)           Finance through motor vehicle loans (KKB), as well
in supporting marketing, reinforcing the sales force,           as Hibank, a future growth engine for BNI in the
and implementing the sales generalist model across              SME sector utilizing the BNI Group ecosystem. In
all regional offices and branches. This approach                2024, credit and financing disbursed by subsidiary
aims to provide optimal, responsive services while              companies amounted or marking a 79.7% YoY
consistently delivering solutions that align with               increase.
customer needs, and further developing digital
services to support the customer journey.                       BNI TRANSFORMATION

In 2024, BNI launched a personal transaction                    Since the start of the transformation program in 2021,
application built with the latest technology platform,          BNI has launched BNI Corporate Transformation
wondr by BNI. Launched on July 5, 2024, coinciding              until April 2024 to improve and innovate business
with BNI’s 78th anniversary, wondr by BNI was                   processes, face challenges in the banking industry,
developed through in-depth research and adheres                 and improve financial performance in a sustainable
to industry excellence standards both domestically              manner. Transformation will definitely continue to
and globally. It is projected to be a game-changer for          be carried out on an ongoing basis to support the
both BNI and the Indonesian banking industry. At the            achievement of BNI’s strategic direction in 2024. The
end of December 2024 or 6 months after the release,             following are the five focuses of BNI Transformation
wondr by BNI has been downloaded by 5.3 million                 that have been implemented in 2024:
users, with a high level of active users transacting,           1. End-to-end digitization of sustainable loan
the proportion of which has increased by 65%                        business processes to support quality business
compared to the previous BNI Mobile Banking.                        growth
                                                                    In order to carry out one of the strategic steps
In October 2024, BNI introduced the transformation                  in 2024, namely increasing business expansion
of the wholesale digital platform, BNIdirect, a digital             through the top tier by strengthening risk
platform for wholesale customers. The service                       management, BNI is continuously developing
provides a variety of wholesale solutions ranging                   end-to-end loan tools for all Relationship
from Cash Management, Trade, Supply Chain,                          Managers in the Corporate, Enterprise,
Receivables, and Foreign Exchange in just one                       Commercial, Retail Productive and Consumer
integrated platform, BNIdirect.                                     segments. This supports BNI in improving




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      loan quality, efficiency, and work effectiveness                    experience, BNI utilizes digital technology and
      in the loan process while still prioritizing                        optimizes BNI service channels by transforming
      prudential banking. One of the outputs of loan                      channels/outlets.
      tools digitization in 2024 is the Wholesale Loan
      Management System (LMS), where previously                           BNI outlet transformation is a strategic step taken
      in 2023 BNI launched Connect as an RM Tool in                       by BNI to adapt branch operations to customer
      carrying out the pipeline management stage.                         needs in the digital era. This transformation aims
                                                                          to make BNI outlets more modern, efficient, and
      Wholesale LMS is an integrated system                               relevant to the demands of the times, especially
      designed to manage the entire loan cycle in the                     with the increasing use of digital banking services.
      Wholesale Business Banking segment efficiently                      One manifestation of this transformation is
      and comprehensively. This system includes                           the adoption of the hybrid branch concept,
      various important stages, starting from pipeline                    which combines technology-based services
      management, which helps in managing loan                            with the presence of staff who are skilled in
      prospects and business opportunities, to an in-                     providing more complex financial solutions.
      depth loan analysis process to assess applicant                     BNI implements new outlet formats such as
      eligibility. Furthermore, Wholesale LMS supports                    Super Flagship, Business Flagship, Thematic,
      a faster and more accurate approval process,                        Digital First, and Smart Conventional, which
      followed by well-organized and documented                           are designed according to the specific needs of
      loan administration.                                                customers and outlet locations. The transformed
                                                                          branches not only function as transaction places
      In addition, this system also provides a                            but also as centers for financial consultation and
      continuous loan monitoring feature to ensure                        education for customers.
      portfolio quality is maintained, as well as a
      Remedial & Recovery module to manage the risk                       In addition to the transformation of outlets,
      of non-performing loan.                                             BNI is also strengthening and optimizing
                                                                          the Frontliner function in outlets to support
  2. The development of a new Digital Platform was                        increasing/achieving outlet productivity through
     carried out as part of efforts to improve customer                   the implementation of Frontliner Revolution.
     experience                                                           Strengthening this function is not limited to sales
     To be able to provide comfort and a better                           or up-selling/cross-selling activities but also
     transaction experience for customers (retail                         includes educational activities for customers
     and wholesale segments), apart from its outlet                       regarding product services and referrals for BNI
     network, BNI also has other banking channels                         and Subsidiary products, as well as conducting
     that are no less important, namely the digital                       follow-up on lead data.
     banking platform. For digital banking channels
     that serve retail customer transactions, BNI has                     In line with optimizing the function of frontliners
     a mobile banking Super App known as Wonder                           to increase productivity, BNI is also developing
     by BNI. Meanwhile, to serve wholesale customer                       e-channels, such as DigiCS, DigiCS Lite, T-Care
     transactions, BNI has BNIdirect for Wholesale                        (banking service self-service machine), BNI
     Solution, which integrates a number of financial                     SPRINT (BNI channel that functions in printing
     solutions such as cash management, supply                            account history into savings books, A4 paper,
     chain, foreign exchange, trade (bank guarantee),                     receipts, and can be sent via email), CRM
     and virtual accounts.                                                (automated machines that function to serve
                                                                          cash withdrawal and cash deposit transactions),
  3. Strengthening Business Networks through                              more sophisticated automated teller machines
     Outlet Optimization                                                  (ATM) to support transactions independently,
     BNI is committed to providing a superior                             and Biometric Fingerprint to speed up and
     customer     experience    through     personal,                     make it easier to verify customer identity. This
     innovative, and accessible services. BNI actively                    transformation aims to reduce queues, increase
     maintains relationships with customers through                       operational efficiency, and provide a better
     a proactive approach, understanding their needs,                     experience to customers. With this step, BNI
     and providing relevant financial solutions. In                       seeks to maintain a balance between digital and
     addition, in order to improve the customer                           physical services so that it remains inclusive for




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   all levels of society, including those who still             5. Strengthening Human Capital to increase
   need face-to-face services.                                     productivity through changes in behavior and
                                                                   work rhythm in Commercial Business Centers
4. BNI as Indonesian Business Orchestrator to                      (CMC), Regional Offices, Retail Productive
   Global Market                                                   Business Centers (RCC), and Branch Offices
   In order to carry out the mandate from the                      In line with one of the focuses of the unique
   government to strengthen BNI’s role as a global                 value proposition that BNI will build, namely
   bank, BNI’s commitment is further strengthened                  productivity, BNI strengthens human capital
   by again presenting BNI Representative Offices                  through skills development and changes in
   abroad. This time, on September 5, 2024, BNI                    behavior and work rhythm. To be able to realize
   inaugurated the opening of its representative                   this, BNI is trying to encourage Relationship
   office in Sydney, Australia, and was the first bank             Managers (RM) to become more militant and in
   representative from Indonesia to open an office                 the market and leaders to become more hands-
   in Australia.                                                   on with high ownership through implementing
                                                                   strategic initiatives related to productivity
   In addition, BNI also increases the value of                    enhancement. Changes in behavior and work
   its international network through diaspora                      rhythm are measured based on several leading
   engagement, strategic partnerships, innovative                  indicator matrices, which are monitored regularly
   financial solutions, and a focus on compliance                  via the leading indicator dashboard. One example
   and operational excellence. BNI plays an active                 of a matrix that is measured is the adequacy
   role in encouraging the Indonesian Diaspora                     of leads owned by RMs and the assistance of
   and Exports through BNI Xpora, which is a one-                  leaders to RMs when visiting customers and
   stop solution that can support Indonesian SMEs                  other strategic assistance.
   in developing their business abroad through
   the pillars of Go Productive, Go Digital, and Go                In meeting the sufficiency of these leads, each RM
   Global. This will be a comprehensive solution                   is also helped by the existence of Connect (for
   (end-to-end) for domestic SMEs (sellers) and                    RMs in the Corporate, Enterprise, Commercial,
   diaspora entrepreneurs or global buyers (buyers)                and Retail Productive Segments) and Digisales
   abroad.                                                         (for RMs in the Consumer Segment), which
                                                                   are tools that support RMs in carrying out the
   BNI Xpora, which was launched in August 2021,                   pipeline management stage. Lead data, whether
   is increasingly showing positive developments.                  derived from corporate customer partners or
   2024 marks a major step in making Xpora a                       lead data resulting from canvassing by RM, will
   comprehensive and integrated export-related                     be injected into each RM’s Connect and Digisales
   program, which supports Indonesian SMEs                         accounts.
   related to exports through training, mentoring,
   and wider access to global markets. BNI Xpora                   In following up on leads, RM can provide very
   also provides more flexible financing solutions,                useful solutions for potential customers by
   including export-based financing and payment                    offering easy transactions via the BNIdirect
   schemes that are more in line with export needs.                platform through superior features designed
   This can make it easier for business actors to                  to provide a safe and efficient transaction
   manage their working capital in developing                      experience and can be used anytime and
   business in the global market.                                  anywhere. This convenience certainly provides
                                                                   added value for customers so that they can feel
                                                                   more comfortable and confident in carrying
                                                                   out their banking activities. This Productivity
                                                                   Enhancement initiative has been implemented
                                                                   throughout the Region and is expected to
                                                                   increase productivity.




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  INNOVATION SUPPORTSTRANSFORMATION                                   2. Innovation Culture
                                                                         To support innovation culture and create a
  BNI Strengthens Innovation Culture through                             dynamic innovation ecosystem, a platform is
  Establishing a Corporate Innovation Center for a                       needed to convey innovation ideas from BNI
  More Agile and Adaptive Future                                         Hi-Movers. Previously, submitting innovation
                                                                         ideas (idea submission) was still done semi-
  BNI has carried out the BNI CorporateTransformation                    manually by Hi-Movers via an online form.
  program with one of the initiatives being New                          The collaboration process between Hi-Movers
  Ways of Working (NWoW), which aims to adapt the                        previously had to be done manually, making
  organization so that it has an impact on increasing                    it difficult for Hi-Movers from different work
  collaboration and agile ways of working among BNI                      units (both between divisions and regions) to
  employees. NWoW is one of the internal strategies                      collaborate in developing innovation ideas.
  implemented in 2023 in order to prepare the BNI                        Therefore, to support automated innovation
  organization for the future through new ways of                        submission and make it easier for Hi-Movers to
  working to achieve corporate strategic targets.                        convey innovation ideas (idea submission), BNI
  One of the results of the NWoW initiative is the                       has provided a tool for Hi-Movers called BNI
  formation of a new function at BNI, namely the                         Ideabox.
  Corporate Innovation Center (INV) Department in
  the Corporate Development and Transformation                            The presence of BNI Ideabox provides various
  Division (CDV), which has the function of managing                      benefits in supporting and managing innovation
  and facilitating bottom-up innovation ideas at BNI                      at BNI, including the following:
  from Hi-Movers. As part of efforts to encourage                         1) Manage and Identify Potential Ideas
  a culture of innovation, BNI not only develops the                         All submitted ideas are stored on 1 (one)
  organizational structure but also strengthens the                          platform, making it easier to manage, review,
  innovation ecosystem. This effort is realized through                      archive, and identify ideas that have the
  strengthening innovation branding, innovation                              potential to have an impact on BNI.
  culture, and organizing innovation events.                              2) Encouraging Hi-Movers Participation in
                                                                             Innovation at BNI
  1. Innovation Branding                                                     BNI Ideabox can motivate all Hi-Movers
     In order to encourage innovation culture and                            to actively participate in innovation at BNI
     innovation    awareness,   BNI    strengthened                          because it has space to voice employee ideas.
     innovation branding by launching the BNI                             3) Ease of Submitting Innovation Ideas
     Innovation Center branding and logo called                              BNI Ideabox can be accessed by Hi-Movers
     “benih-innovation center by BNI.”. The benih                            anytime and anywhere so that the innovation
     logo consists of a rounded font, which has the                          process can run consistently.
     philosophy of describing a growth mindset,                           4) Increase Collaboration and Idea Development
     which is a mindset that supports learning new                           Hi-Movers can collaborate to develop joint
     things and innovating.                                                  ideas and strengthen synergy between Units/
                                                                             Divisions/Regions.

                                                                      After the launch of BNI Ideabox on June 12, 2024,
                                                                      until December 2024, 2,189 Hi-Movers had registered
                                                                      at BNI Ideabox, with a total of 232 innovation ideas
            Innovation Center by BNI
                                                                      that had been submitted. This figure shows the
                                                                      high enthusiasm of Hi-Movers in participating and
                                                                      contributing to creating innovations that support
  There is a Supergraphic Mark on the “benih-                         BNI’s progress.
  innovation center by BNI” logo with the theme
  Connecting the Dots with the meaning “an
  innovation that starts from a small dot to become
  several specific dots and shapes with the hope of
  having a big impact and illustrates that to achieve
  success there will be many challenges, but it is
  hoped that BNI will remain competitive and always
  adapt to customer needs”.




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3. Innovation Event                                             2) BINNOVA Batch 2 & 3
   Organizing innovation events regularly plays                    In order to support the BNI CulturalTransformation
   an important role as a forum for collaboration,                 Program, especially regarding strengthening
   inspiration, and building a healthy competitive                 the culture of innovation, on June 12, 2024, BNI
   spirit among Hi-Movers, thereby encouraging                     Ideabox was officially launched as a platform
   them to contribute more actively in creating                    to facilitate Hi-Movers in conveying innovation
   creative and impactful solutions.                               ideas flexibly, anytime and anywhere.

Incubation of ideas submitted by Hi-Movers to the               Following up on the launch of BNI Ideabox,
BNI Ideabox has also been carried out through the               BINNOVA batch 2 has been initiated with the
BNI Innovation (BINNOVA) event. BINNOVA is one                  theme “Increasing Active Users of New Mobile
of the innovation events that is routinely held within          Banking BNI (wondr by BNI),” and BINNOVA batch
BNI’s internal environment. The aim of BINNOVA is               3 with the theme “Increasing Business Process
to look for the best ideas from Hi-Movers, which can            Effectiveness” through the BNI Ideabox tool. During
be implemented to provide a positive impact, both               the idea submission period, 178 innovations were
in increasing revenue and cost efficiency, as well as           submitted to BNI Ideabox. After going through the
increasing the effectiveness of business processes.             curation stages by innovation management and
                                                                the incubation process (customer validation and
The following is a series of BINNOVAs carried out               product validation), 6 (six) innovation teams have
during 2024:                                                    been selected to qualify for the Grand Final Pitching
                                                                stage, which was held on October 15, 2024.
1) BINNOVA Batch 1
   In order to support the development of business              3) BINNOVA Batch 4
   innovation at BNI, the Corporate Development                    The BNI Innovation Center collaborates with
   & Transformation Division (CDV) managed the                     the Data Management & Analytics Division
   BINNOVA Batch 1 event and selected 20 teams                     (DMA), which has received support from several
   with the best innovation. After going through the               Sponsor Directors in holding BINNOVA batch
   customer validation (CV) and product validation                 4 with the theme “Data Quality Innovation
   (PV) stages, 5 teams were selected to enter the                 Challenge: Quality Data, BNI is on Top”. This
   BINNOVA Grand Final Pitching stage, which was                   theme was chosen with the aim of supporting
   held on June 25, 2024. In batch 1, three initiatives            efforts to create higher quality data and optimize
   have been produced, which are planned to be                     BNI’s vision, namely to become a financial
   implemented. One of these initiatives has been                  institution that excels in sustainable service and
   successfully realized in 2024, namely the addition              performance.
   of investment features that can be done directly
   via the Wonder by BNI platform.                              During the idea submission period, 45 innovation
                                                                ideas were obtained from Hi-Movers, which were
                                                                submitted to BNI Ideabox. After going through the
                                                                innovation idea curation stage carried out by the BNI
                                                                Innovation Center, 11 innovation ideas were selected,
                                                                which passed to the incubation stage, which is the
                                                                process of developing innovation ideas to ensure
                                                                the feasibility and readiness of the innovation ideas
                                                                before they are implemented.




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  Transparency in
  Report Submission

  BNI is committed to fulfilling the principle of information disclosure, which is very important for the public
  in making investment decisions. For this reason, BNI routinely submits Disclosure of Information or Material
  Facts reports to the Financial Services Authority (OJK) and also announces this information to the public.

  In 2024, the Corporate Secretary conveyed various information related to BNI to the public through mass
  media, the IDX website, and the BNI website using Indonesian and English. The Corporate Secretary has
  also submitted regular and incidental reports to IDX and OJK with the following details:

  PERIODIC REPORTS

  The following table presents detailed information regarding the Transparency of Report Submission carried
  out by BNI in 2024:
                                                                      Number of
                               Report                                                 Intended for                    Period
                                                                       Report
   BBNI Securities Holder Registration Monthly Report                    12            OJK & IDX                     Monthly
   Consolidated Financial Statements of the Bank and                      4            OJK & IDX                     Quarterly
   Subsidiaries (Unaudited)
   Annual Financial Report (Audited)                                      1            OJK & IDX                     Annually
   Annual Report (including Corporate Governance                          1            OJK & IDX                     Annually
   Report, Corporate Governance Report of Sharia
   Business Unit, and Integrated Governance Report of
   BNI Financial Conglomeration)
   Sustainability Report                                                  1            OJK & IDX                     Annually
   Annual Rating Report                                                   1            OJK & IDX                     Annually
   Annual Report of Parent and Subsidiary Banks (Report                   1               OJK                        Annually
   of Banks that are part of a business group)
   Related Party List Report                                              2               OJK                      Semi-annual
   Annual Public Expose Report                                            1                IDX                       Annually
   List of 10 Largest Shareholders Report                                 4            OJK & IDX                     Quarterly
   Company Performance Report (Earning Call)                              4            OJK & IDX                     Quarterly
   Announcement Report of Annual General Meeting of                       1            OJK & IDX                     Annually
   Shareholders
   Annual General Meeting of Shareholders Invitation                      1            OJK & IDX                     Annually
   Report
   Report on the Implementation of the Annual General                     1            OJK & IDX                     Annually
   Meeting of Shareholders
   Cash Dividend Payment Implementation Report                            1            OJK & IDX                     Annually


  INCIDENTAL REPORT

  Throughout 2024, BNI has made 33 information disclosures in the form of incidental reports to regulators
  (OJK and/or IDX).

  Detailed information regarding the periodic reports and incidental reports above can be viewed and accessed
  via the BNI website at https://www.bni.co.id/id-id/investor/berita-investor/keterbukaan-information




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State Official
Wealth Report (LHKPN)

As a tangible commitment to enhancing                           BNI has established written policies and procedures
transparency and fostering a culture free from                  governing LHKPN submission, designating a
Corruption, Collusion, and Nepotism (KKN), all                  responsible unit to manage and administer LHKPN,
members of the Board of Commissioners, Board of                 and instituting mechanisms for imposing sanctions
Directors, and Structural Officers at BNI are required          on officials who fail to fulfill their reporting
to submit their Wealth Reports (LHK) in accordance              obligations. These measures aim to ensure
with the company’s internal guidelines outlined in              compliance with regulations and uphold the integrity
the Human Capital Relation Corporate Manual No.                 of BNI personnel in line with GCG principles.
Instruction IN/001/HCE/002, dated March 14. This
reporting is part of BNI’s efforts to implement Good            LHKPN REPORTING OBLIGATIONS
Corporate Governance (GCG) practices and ensure
compliance with applicable regulations.                         In compliance with regulations, the following
                                                                Structural Officers at BNI are required to submit
LHKPN POLICY                                                    LHKPN:
                                                                1. Commissioners;
BNI’s internal policies regarding the mechanism                 2. Directors;
for submitting and reporting LHKPN for certain                  3. Senior Executive Vice Presidents (SEVPs);
positions reflect compliance with the following legal           4. Division Head/Units/Functional Units;
frameworks:                                                        In Functional Units without a Head, the reporting
1. Law No. 28 of 1999 on Clean and Free State                      obligation applies to positions with at least the
   Administration from Corruption, Collusion and                   rank of Senior Vice President.
   Nepotism as amended by Law No. 30 of 2002 on                 5. Regional Manager;
   the Corruption Eradication Commission;                       7. General Managers (GMs) of Overseas Office; and
2. Law No. 30 of 2002 on the Corruption Eradication             8. Commissioners/Directors        in   Subsidiaries/
   Commission jo. Law No. 10 of 2015 on the                        Affiliated Consolidated Companies.
   Stipulation of Government Regulation in Lieu
   of Law No. 1 of 2015 on the Amendment to Law                 LHKPN MANAGEMENT
   No. 30 of 2002 on the Corruption Eradication
   Commission jo. Law of the Republic of Indonesia              The management of LHKPN reporting for BNI
   No. 19 of 2019 on the Second Amendment to Law                Structural Officers is overseen by the following
   No. 30 of 2002 on the Corruption Eradication                 roles:
   Commission;                                                  1. The LHKPN Management Coordinator is a
3. KPK Regulation No. 07 of 2016, as amended by                    unit that oversees the Human Capital Services
   KPK Regulation No. 2 of 2020, on Procedures for                 function with the following scope of duties:
   Registration, Announcement, and Examination                     a. Coordinating with the Corruption Eradication
   of State Officials’ Wealth;                                         Commission (KPK) on monitoring, filing, and
4. Circular Letter of the Minister of State-Owned                      submission of LHKPN as well as conducting
   Enterprises (SOEs) No. SE-12/MBU/10/2021 on                         awareness programs on reporting obligations.
   the Obligation to Submit State Organizer Asset                  b. Coordinating with the Ministry of SOEs and
   Reports (LHKPN) for Officials in State-Owned                        KPK regarding the management of the LHKPN
   Enterprises.                                                        application.




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  2. The LHKPN Application Admin is an official who                   3. LHKPN Work Unit Admin is an official who
     oversees the Human Capital Services function in                     monitors and coordinates with the LHKPN
     the field of industrial relations with the following                Application Admin. There are 3 (three) Work Unit
     scope of duties:                                                    Admins at BNI, namely:
     a. Submitting data on changes in the positions                      a. Corporate Secretary Division;
        of state administrators to the KPK.                              b. Subsidiaries Management Division;
     b. Coordinating with the KPK on LHKPN                               c. International & Financial Institutions Division.
        management.


  LHKPN REPORTING IN 2024

  In 2024, 152 officials at BNI were obligated to submit LHKPN. All of them representing 100% compliance,
  submitted their State Official Wealth Reports punctually in accordance with prevailing regulations.


        Obligations                                 Position                             Unit                      2024

                             Board of Commissioners                                    Person                       10
                             Board of Directors                                        Person                       12
                             Senior Executive Vice President (SEVP)                    Person                        9
                             Division Head/Unit/Functional Unit                        Person                       69
    Mandatory LHKPN
                             Regional Manager                                          Person                       17
                             General Manager (GM) of Overseas Branch                   Person                        6
                             Commissioner/Director of a Consolidated Subsidiary/
                                                                                       Person                       29
                             Affiliated Company




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Bad Corporate Governance
Practices

Bad corporate governance practices refer to a series of actions or policies that diverge from the principles
of sound corporate governance.

Throughout 2024, BNI is recorded as having neither taken actions nor established policies related to bad
corporate governance practices, as detailed in the following table:
                                                                                                                  Practised
                                                   Description
                                                                                                                   in 2024

Reports indicating the company as an environmental polluter                                                         None
Legal cases currently faced by the Bank, subsidiaries, members of the Board of Directors, and/or members of         None
the Board of Commissioners who are currently in office, not disclosed in the Annual Report
Non-compliance in fulfilling tax obligations                                                                        None
Inconsistencies in the presentation of the Annual Report and Financial Statements with applicable regulations       None
and Financial Accounting Standards
Labor and employee-related cases                                                                                    None
Lack of disclosure of operating segments in the listed company                                                      None
Discrepancies between the hardcopy and softcopy versions of the Annual Report                                       None




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  Implementation of
  Integrated Governance

  Integrated Governance for Financial Conglomerates                    SELF-ASSESSMENT REPORT ON THE
  at BNI adheres to the provisions of OJK Regulation                   IMPLEMENTATION OF INTEGRATED
  No. 18/POJK.03/2014 on the Implementation of                         GOVERNANCE IN 2024
  Integrated Governance for Financial Conglomerates
  (“POJK 18/2014”) and OJK Circular Letter No. 15/                     In accordance with applicable regulations, Financial
  SEOJK.03/2015 on the Implementation of Integrated                    Conglomerates are required to periodically prepare
  Governance for Financial Conglomerates (“SEOJK                       Self-Assessment Reports on Integrated Governance,
  15/2015”).                                                           specifically in June and December. These reports
                                                                       must be submitted to OJK no later than the 15th of
  As the Main Entity within the Financial Conglomerate,                the second month following the end of the reporting
  BNI implements Integrated Governance to ensure                       period, i.e., August 15 and February 15, respectively.
  transparency and compliance with regulations. In
  2024, the implementation of Integrated Governance                    The Self-Assessment of the implementation of
  encompassed the following aspects:                                   Integrated Governance principles in BNI’s Financial
  a. Self-Assessment Reports on the Implementation                     Conglomerate focuses on three main aspects,
     of Integrated Governance throughout 2024.                         namely: Structure, Process, and Outcome. The
  b. Structure of BNI Financial Conglomerate.                          evaluation centers on seven key assessment factors,
  c. Shareholding Structure within the BNI Financial                   which serve as benchmarks for the implementation
     Conglomerate as of December 2024.                                 of Integrated Governance:
  d. Management Structure of the BNI Financial                         1. Execution of the Duties and Responsibilities of
     Conglomerate.                                                         the Board of Directors of the Main Entity.
  e. Core Principles of Integrated Governance for BNI                  2. Execution of the Duties and Responsibilities of
     Financial Conglomerate                                                the Board of Commissioners of the Main Entity.
  f. Intra-Group Transaction Policy within BNI                         3. Duties and Responsibilities of the Integrated
     Financial Conglomerate.                                               Governance Committee.
                                                                       4. Duties and Responsibilities of the Integrated
                                                                           Compliance Unit.
                                                                       5. Duties and Responsibilities of the Integrated
                                                                           Internal Audit Unit.
                                                                       6. Implementation of Integrated Risk Management.
                                                                       7. Development and Implementation of Integrated
                                                                           Governance Guidelines.




  BNI has prepared a Self-Assessment Report on the implementation of Integrated Governance within its
  Financial Conglomerate for the 2024 period, as detailed below:

  Integrated Governance Self-Assessment Results
                       Rating
         December                 December                                         Rating Definition
           2023                     2024
              2                        2            The Financial Conglomerate is deemed to have implemented Integrated
                                                    Governance effectively overall. This assessment is evident from the satisfactory
                                                    application of Integrated Governance principles. Any shortcomings in the
                                                    implementation of Integrated Governance can be resolved through routine
                                                    corrective actions carried out by the Main Entity and/or Financial Services
                                                    Institutions.




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Results of Self-Assessment on the seven assessment                 results of monitoring, evaluation and suggestions
factors for Integrated Governance Implementation                   for improvement in the implementation of the
in 2024 is as follow:                                              compliance function in each Financial Services
1. Board of Directors of the Main Entity                           Institution of the BNI Financial Group periodically
    Under the Integrated Governance structure, all                 (quarterly).
    members of BNI’s Board of Directors have met
    the qualifications stipulated by applicable laws            5. Integrated Internal Audit Working Unit
    and regulations. The implementation of duties                  The Internal Audit Division (IAD) operates
    and responsibilities of the BNI Board of Directors             independently from BNI’s operational units, as
    related to the Integrated Governance process has               well as BNI Financial Conglomerate FSI, and
    been carried out and followed up in accordance                 reports directly to President Director of the
    with the advice and counsel of the BNI Board of                Main Entity and/or dotted line to the Board of
    Commissioners.                                                 Commissioners of the Primary Entity. IAD as
                                                                   the Integrated Internal Audit Working Unit has
2. Board of Commissioners of the Main Entity                       monitored the implementation of internal audit
   Within the Integrated Governance structure,                     in BNI Financial Conglomeration.
   all members of BNI’s Board of Commissioners
   meet the qualifications required by prevailing               6. Integrated Risk Management Implementation
   regulations. The Board of Commissioners has                     The appointment of Risk Management Director
   fulfilled their oversight duties by holding regular             (Dir RMT) as the Director in charge of the
   meetings and supervising the implementation                     Integrated Risk Management function, where
   of the Board of Directors’ responsibilities                     Dir RMT supervises the ERM Division as the Risk
   as the Main Entity. They have also provided                     ManagementWork Unit (SKMR) and the Integrated
   recommendations for enhancing the Integrated                    Risk Management Work Unit (SKMRT). Each FSI
   Governance Guidelines.                                          already has an SKMR and a Director in charge
                                                                   of SKMR. The implementation of Integrated Risk
3. Integrated Governance Committee                                 Management of BNI Financial Conglomerate
   The     Integrated   Governance       Committee                 has been implemented in accordance with the
   has been established in compliance with                         characteristics and complexity of the business.
   applicable regulations. In order to improve
   the TKT Guidelines, the TKT Committee has                    7. Integrated Governance Guidelines
   provided recommendations to the BNI Board of                    The BNI Financial Conglomerate Integrated
   Commissioners for the improvement of the TKT                    Governance Guidelines have been prepared,
   Guidelines. The evaluation results and outcomes                 reviewed and implemented in accordance with
   of the TKT Committee Meeting were submitted                     the laws and regulations that contain such as
   to the Board of Commissioners through the TKT                   requirements of the Main Entity’s Board of
   Committee Task Implementation Report on a                       Directors and Commissioners, their duties and
   quarterly basis.                                                responsibilities, the Integrated Governance
                                                                   Committee, Integrated Compliance Working
4. Integrated Compliance Working Unit                              Unit, Integrated Internal Audit and Integrated
   The Integrated Compliance Working Unit                          Risk Management Implementation, Subsidiaries
   (SKKT) is independent and separate from the                     Development Division function, Anti Fraud
   Operational Working Unit (risk taking unit), and                Strategy Implementation monitoring function
   is directly responsible to the Director in charge of            and coordination mechanism between Integrated
   the compliance function. SKKT has submitted the                 Working Units.




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  STRUCTURE OF BNI FINANCIAL CONGLOMERATE

  The structure of BNI’s Financial Conglomerate, as the Board of Directors Decree No. DIR/401 dated June 2,
  2022, is as follows:




              Financing                         Securities                               Life Insurance                          Banking
           1983 | 99.99%                   1995 | 75.00%                                1996 | 60.00%                         2022 | 63.92%




                     Manajer Investasi                         Sekuritas




                      Investment Manager                        Securities
                          2011 | 99.90%                      2021 | 100.00%




  BNI Financial Conglomeration has established an Integrated Governance Committee (TKT) with the
  composition of the membership as outlined in the Corporate Governance Chapter, this Annual Report, page
  851.

  Shareholding Structure In BNI Financial Conglomerate

  PT Bank Negara Indonesia (Persero) Tbk
  The Share Ownership Structure of PT Bank Negara Indonesia (Persero) Tbk as the Main Entity of BNI
  Financial Conglomerate as of December 31, 2024 is described in the following chart:




                                          40%




                                                                                                 Pemerintah Indonesia
                                                                                                 Publik


                                                                              60%




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Meanwhile, the Share Ownership Structure of Subsidiary Companies in BNI Financial Conglomeration as of
December 31, 2024 is described as follows:




              PT BNI Life Insurance                                     PT BNI Multifinance


                            0.000003%   0.000003%
                                                                                            0.002%




              39.999993%




                                                     60.000000%
                                                                                                              99.998%




                      BNI                                                       BNI
                      Sumitomo Life Insurance Company                           Koperasi Karyawan PT BNI Multifinance
                      Yayasan Kesejahteraan Pegawai BNI
                      Yayasan Dana Swadharma




              PT BNI Sekuritas                                           PT BNI Asset Management


                                                                                              0.1%

                   25%




                                                       75%                                                      99.90%




                     PT Bank Negara Indoneisa (Persero) Tbk                     PT BNI Sekuritas
                     SBI Financial Services Co., Ltd                            Koperasi Karyawan PT BNI Sekuritas




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                       PT Bank Hibank Indonesia                                        BNI Securities Pte, Ltd


                                                          63.92%



                       36.08%




                                                                                                                         100%




                             PT Bank Negara Indoneisa (Persero) Tbk                         PT BNI Sekuritas
                             PT Mayora Inti Utama




  MANAGEMENT STRUCTURE OF BNI FINANCIAL CONGLOMERATE

  PT Bank Negara Indonesia (Persero) Tbk
                                   Name                                                              Position
       Board of Commissioners
       Pradjoto                                                     President Commissioner/Independent Commissioner
       Pahala Nugraha Mansury                                       Vice President Commissioner
       Sigit Widyawan                                               Independent Commissioner
       Askolani                                                     Commissioner
       Asmawi Syam                                                  Independent Commissioner
       Mohamad Yusuf Permana                                        Commissioner
       Iman Sugema                                                  Independent Commissioner
       Septian Hario Seto                                           Independent Commissioner
       Erwin Rijanto Slamet                                         Independent Commissioner
       Fadlansyah Lubis                                             Commissioner
       Robertus Billitea                                            Commissioner
       Board of Directors
       Royke Tumilaar                                               President Director
       Putrama Wahju Setyawan                                       Deputy President Director
       Novita Widya Anggraini                                       Finance Director
       Hussein Paolo Kartadjoemena                                  Digital and Integrated Transaction Banking Director
       I Made Sukajaya                                              Enterprise and Commercial Banking Director
       David Pirzada                                                Risk Management Director
       Agung Prabowo                                                Wholesale and International Banking Director
       Ronny Venir                                                  Network and Services Director
       Munadi Herlambang      1)
                                                                    Institutional Banking Director
       Corina Leyla Karnalies                                       Retail Banking Director
       Mucharom                                                     Human Capital and Compliance Director
       Toto Prasetio                                                Technology and Operations Director
  1)
        He has served as Director since March 4, 2024, and has not been effective.




                                                                                                                    2024 Annual Report
                                                                                                  PT Bank Negara Indonesia (Persero) Tbk
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Page 499
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PT BNI Life Insurance
                                Name                                                             Position

     Board of Commissioners
     Beby Lolita Indriani                                        Commissioner
     Takafumi Igarashi                                           Commissioner
     Alwi Abdurrahman Shihab                                     Independent Commissioner
     Sharia Supervisory Board
     Agus Haryadi                                                Chairman of Sharia Supervisory Board
     Utang Ranuwijaya                                            Member of Sharia Supervisory Board
     Siti Haniatunnisa                                           Member of Sharia Supervisory Board
     Board of Directors
     Neny Asriany                                                Director (concurrently Acting as President Director)
     Agung Turanto Sutarno                                       Director
     Masaaki Fuse                                                Director
     Motoharu Niijima                                            Director


PT BNI Multifinance
                                Name                                                             Position
     Board of Commissioners
     Suhartono                                                   President Commissioner/Independent Commissioner
     Hari Satriyono                                              Commissioner
     Ita Tetralaswati )
                      1
                                                                 Commissioner
     Board of Directors
     Yenanto Siem                                                President Director
     Albertus Henditrianto                                       Director
     Legendariah                                                 Director
1)
      Served as Commissioner since June 24, 2024, in the OJK Fit & Proper Test process.



PT BNI Sekuritas
                                Name                                                             Position
     Board of Commissioners
     Rudy Tandjung                                               President Commissioner/Independent Commissioner
     Kenji Nakanishi                                             Commissioner
     Pancaran Affendi      1)
                                                                 Commissioner
     Board of Directors
     Vera Ongyono                                                President Director
     Yoga Mulya                                                  Director
     Teddy Wishadi    2)
                                                                 Director
1)
   Served as Commissioner since June 25, 2024 and is in the process of Fit and Proper Test OJK
2)
   Served as Director since June 26, 2023 and in the process of Fit and Proper Test OJK




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  PT BNI Asset Management
                             Name                                                              Position
   Board of Commissioners
   Eko Priyo Pratomo                                           President Commissioner/Independent Commissioner
   Efrizal                                                     Commissioner
   Board of Directors
   Mungki Ariwibowo Adil1)                                     President Director
   Ade Yusriansyah                                             Director
   Putut Endro Andanawarih                                     Director
  1)Served as President Director since December 30, 2024



  PT Bank Hibank Indonesia
                             Name                                                              Position
   Board of Commissioners
   Rian Eriana Kaslan                                          President Commissioner
   Rufina Tinawati Marianto                                    Independent Commissioner
   Joys Djajanto                                               Independent Commissioner
   Board of Directors
   Jenny Wiriyanto                                             President Director
   Adi Syaf Putra                                              Director
   Andi M. Andries                                             Director
   Ricky Budiono                                               Director
   Prihadiyanto                                                Director


  BNI Securities Pte, Ltd
                             Name                                                              Position
   Chew Wen Yu, Edwin                                          Executive Director
   Dipo Nugroho                                                Non Executive Director


  BASIC PRINCIPLES OF INTEGRATED GOVERNANCE FOR BNI FINANCIAL CONGLOMERATE

  To support the continuity of business and operations within the BNI Financial Conglomerate, the basic
  principles of Integrated Governance are applied.These principles follow the guidelines of the Good Corporate
  Governance (GCG) Roadmap issued by the Financial Services Authority (OJK) and the ASEAN Corporate
  Governance Scorecard, which serve as the main reference to ensure the effective and comprehensive
  application of GCG across all entities within the conglomerate.

  In line with this, the basic principles of Integrated Governance for the BNI Financial Conglomerate include:
  1. The implementation of Integrated Governance within the BNI Financial Conglomerate aims to create
      superior performance and add economic value for shareholders and other stakeholders, as well as ensure
      that the operations of the BNI Financial Conglomerate comply with applicable laws and regulations,
      business ethics, and Good Corporate Governance principles;
  2. Referring to the applicable laws and regulations, Financial Services Institutions (LJK) within the Financial
      Conglomerate are separate legal entities from BNI, each with its own duties and responsibilities in
      company management;
  3. LJKs within the Financial Conglomerate are independent legal entities under the applicable laws, where
      BNI serves as the Controlling Shareholder in the BNI Financial Conglomerate;
  4. The principles of Integrated Governance apply to LJKs within the Financial Conglomerate, unless
      otherwise stipulated by applicable laws and regulations. The Articles of Association of LJKs within the
      Financial Conglomerate that are not in compliance must be amended, taking into account the applicable
      provisions for each LJK.




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INTRA-GROUP TRANSACTION                                          c. Encouraging public disclosure of intra-group
POLICY WITHIN THE BNI FINANCIAL                                     transactions;
CONGLOMERATE                                                     d. Considering    the    impact    of   intra-group
                                                                    transactions on the performance of LJK members
Definition of Intra-Group Transaction Risk                          within the Financial Conglomerate, both directly
The Financial Services Authority (OJK) has set                      and on the overall BNI Financial Conglomerate.
several regulations regarding the implementation
of integrated risk management in financial                       Types of Transactions That May Lead to
conglomerates within the financial services industry.            Intra-Group Transaction Risks
One of these regulations mandates that Financial                 Within the BNI Financial Conglomerate, various types
Conglomerates manage the risks of intra-group                    of transactions may pose intra-group transaction
transactions. Ownership and control relationships                risks. Some examples of such transactions include:
across various financial services sectors can affect             a. Cross-ownership between LJKs in the Financial
the sustainability of Financial Services Institutions                Conglomerate;
(LJK) due to exposure to risks arising, both directly            b. Centralization of short-term liquidity management
and indirectly, from the activities of entities within a             within the Financial Conglomerate;
Financial Conglomerate.                                          c. Guarantees, loans, and commitments provided
                                                                     or obtained by one LJK from another LJK in the
Intra-group transaction risk refers to the risks arising             Financial Conglomerate;
from the dependency of one entity, either directly               d. Exposure to controlling shareholders, including
or indirectly, on another entity within a Financial                  loan exposure and off-balance sheet items such
Conglomerate. This dependency may occur in the                       as guarantees and commitments;
context of fulfilling obligations, whether through               e. Purchase or sale of assets between one LJK and
written or unwritten agreements, involving the                       another within the Financial Conglomerate;
transfer of funds or not. By understanding this risk,            f. Risk transfer through reinsurance; and
the Financial Conglomerate can more effectively                  g. Transactions to shift third-party risk exposures
manage risks arising from interactions between                       among LJKs within the financial conglomerate.
entities.
                                                                 Adequacy of Processes for Identifying,
Objectives of Intra-Group Transaction Risk                       Measuring, Monitoring, and Controlling
Management                                                       Risks, and the Risk Management
The objectives of Intra-Group Transaction Risk                   Information System for Intra-Group
Management within the BNI Financial Conglomerate                 Transactions
are as follows:                                                  In managing intra-group transaction risks, BNI
1. To regulate and monitor the risks of intra-group              as the Main Entity implements processes for
   transactions within the Financial Conglomerate                identifying, measuring, monitoring, and controlling
   based on prudential principles;                               risks associated with all material risk factors in an
2. To ensure that the integrated risk management                 integrated manner. This process is supported by an
   process minimizes the potential negative                      adequate intra-group transaction risk management
   impacts caused by one LJK’s direct or indirect                information system, which includes:
   dependency on another LJK within the Financial                1. Intra-Group Transaction Risk Identification
   Conglomerate, and the negative impacts on the                     The identification of intra-group transaction risks
   overall business condition of the BNI Financial                   is carried out by analyzing the types of products
   Conglomerate.                                                     and/or transactions between LJKs within the BNI
                                                                     Financial Conglomerate that could give rise to
Principles of Intra-Group Transaction Risk                           risks within the conglomerate.
Management                                                       2. Intra-Group Transaction Risk Measurement
BNI, as the main entity in the application of intra-                 The measurement of intra-group transaction risks
group transaction risk management within the                         aims to determine the risk rating of intra-group
BNI Financial Conglomerate, must adhere to the                       transactions within the Financial Conglomerate.
following principles:                                                BNI, as the main entity, must establish a
a. Having sufficient risk management processes                       methodology       for    measuring     intra-group
    for intra-group transactions within the entire                   transaction risks and assess the appropriateness
    Financial Conglomerate;                                          of assumptions, data sources, and procedures
b. Monitoring intra-group transactions within the                    used.
    Financial Conglomerate and preparing regular
    reports;




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  3. Intra-Group Transaction Risk Monitoring                             b. Adherence to the arm’s length principle
     Monitoring of intra-group transaction risks                             (fair transaction terms) for intra-group
     involves evaluating exposure to material intra-                         transactions;
     group transaction risks that may affect the capital                 c. Availability and completeness of intra-group
     condition of the Financial Conglomerate, as well                        transaction documentation; and
     as improving reporting processes when business                      d. Compliance with legal/regulatory provisions
     activities, products, transactions, and material                        for each intra-group transaction.
     risk factors change. To assess the intra-group                   5. Intra-Group Transaction Risk Management
     material financial relationship between FSIs in                     Information System includes:
     the BNI Financial Conglomeration, it is measured                    a. Intra-group transaction risk profile reports,
     based on the value of BNI’s financial transactions                      which are part of the integrated risk profile
     with FSIs that are members of the BNI Financial                         report;
     Conglomeration, as well as between fellow FSIs                      b. Intra-group transaction reports, which include:
     within the BNI Financial Conglomeration.                                i) Recap of transactions with related parties;
  4. Intra-Group Transaction Risk Control                                    ii) Important agreements with related parties.
     To implement risk control, BNI, as the Main Entity,
     ensures that the BNI Financial Conglomerate                      BNI, as the Main Entity, prepares and submits
     has control methods in place for intra-group                     intra-group transaction risk profile reports to OJK
     transaction risks that could jeopardize the                      semi-annually, as part of the integrated risk profile
     business continuity of the conglomerate. Intra-                  and intra-group transaction reports for the June
     group transaction risk controls are implemented                  and December reporting periods. As of December
     by considering:                                                  31, 2024, all intra-group transactions have been
     a. The composition of inherent risk parameters                   conducted fairly and in compliance with the arm’s
         for intra-group transactions in the integrated               length principle.
         risk profile assessment;




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                                                                                       PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                1103
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Implementation of Aspects and Principles
of Corporate Governance in Accordance
with Financial Services Authority
Regulations                             [ACGS C.2.6]

Referring to POJK No. 21/POJK.04/2015 on the Implementation of Corporate Governance Guidelines for
Public Companies and SEOJK No. 32/SEOJK.04/2015 on the Corporate Governance Guidelines for Public
Companies, BNI adopts five aspects, eight principles, and twenty-five recommendations for good corporate
governance practices. The following table provides a more detailed explanation of these aspects and their
implementation at BNI in 2024:

                                                                                     BNI Compliance
                                                                                       with OJK
             OJK                                                                      Regulations           Disclosure in the 2024
 No.                                         Implementation at BNI
        Recommendation                                                                                          Annual Report
                                                                                                Not Yet
                                                                                    Complied
                                                                                               Complied
 A.     Aspect A:
        Relationship of Public Companies with Shareholders in Guaranteeing Shareholder Rights.
 1.     Principle 1:
        Increasing the Value of Holding General Meetings of Shareholders (GMS).
 1.1.   Public Companies       In the implementation of the 2024 Annual GMS                               Chapter 7. Corporate
        have technical         which discussed the Bank’s performance for the                             Governance, Sub-
        methods or             2023 Fiscal Year, voting was carried out by taking                         chapter General Meeting
        procedures for         into account physical votes and through an                                 of Shareholders, Page
        collecting votes,      electronic voting system provided by eASY.KSEI.                            630-651.
        both openly
        and secretly,          The vote counting process as the basis for
        which prioritize       decision making was carried out by PT Datindo
        independence and       Entrycom as the Securities Administration
        the interests of       Bureau, and the results were validated by Ashoya
        shareholders.          Ratam, S.H., M.Kn., a notary in Jakarta. The
                               voting procedure, both openly and secretly, was
                               carried out in accordance with the GMS rules of
                               procedure.

                               In addition, the procedure for calculating the
                               quorum, questions and answers, and the
                               mechanism for making decisions at the meeting
                               have been regulated in the GMS Rules of
                               Procedure and implemented in accordance with
                               OJK Regulation No. 15/POJK.04/2020 concerning
                               the Planning and Implementation of General
                               Meetings of Shareholders of Public Banks, and
                               OJK Regulation No. 16/POJK.04/2020 concerning
                               the Implementation of General Meetings of
                               Shareholders of Public Banks Electronically.
 1.2.   All members of the     All members of the Board of Directors and                                  Chapter 7. Corporate
        Board of Directors     members of the Board of Commissioners of the                               Governance, Sub-
        and members            Public Company were present at the 2024 Annual                             chapter General Meeting
        of the Board of        GMS.                                                                       of Shareholders, Page
        Commissioners                                                                                     630-651.
        of the Public          BNI has submitted the Summary Report of the
        Company were           Minutes of the Annual GMS for the 2023 Financial
        present at the         Year to the OJK through Letter No. CSE/7/1616
        Annual GMS.            dated March 5, 2024.
 1.3.   The summary of         The Summary of the Minutes of the 2024
        the minutes of the     Annual GMS has been published on the
        GMS is available       official BNI website, which can be accessed
        on the Public          via    the   following  link:   https://www.bni.
        Company Website        co.id/id-id/perseroan/tata-kelola/rups
        for at least 1 (one)
        year.                  The Summary of the Minutes of the previous
                               year’s GMS is also still published on the official
                               BNI website.


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                                                                                         BNI Compliance
                                                                                           with OJK
                OJK                                                                       Regulations            Disclosure in the 2024
    No.                                        Implementation at BNI
           Recommendation                                                                                            Annual Report
                                                                                                      Not Yet
                                                                                        Complied
                                                                                                     Complied
    2.     Principle 2:
           Improving the Quality of Communication of Public Companies with Shareholders or Investors.
    2.1.   Public Companies     The communication policy with Shareholders                          Chapter 7. Corporate
           have a               or investors is stated in the Investor Relations                    Governance, Sub-
           communication        Guidelines No. IN/41/KMP/001 dated January                          chapter Investor
           policy with          26, 2015 and the Company Guidelines                                 Relations, Page 905-908.
           shareholders or      No. IN/001/IRN/001 dated October 3, 2024. These
           investors.           guidelines include policies related to investor
   2.2.    Public Companies     relations activities, such as analyst meetings,
           disclose the         preparation of annual reports, investor meetings,
           Public Company’s     public exposes, and roadshows. The policy also
           communication        includes strategies, programs, communication
           policy with          implementation times, and guidelines that allow
           shareholders or      Shareholders or investors to actively participate
           investors on the     in communication. The existence of this policy
           Website.             demonstrates the Bank’s commitment as a Public
                                Company to implementing transparent and open
                                communication with Shareholders and investors.

                                  In 2024, as a form of implementing this policy, the
                                  Bank has held analyst meetings, annual reports,
                                  and public exposes, and published them on the
                                  PT Bursa Efek Indonesia website and the official
                                  BNI website.
    B.     Aspect B:
           Functions and Roles of the Board of Commissioners
    3.     Principle 3:
           Strengthening the Membership and Composition of the Board of Commissioners.
    3.1.   Determination        As of December 31, 2024, the number of                                          Chapter 7. Corporate
           of the number        members of the BNI Board of Commissioners                                       Governance, Sub-
           of members of        is 11 (eleven) people. Determination of the                                     Chapter Policy on
           the Board of         number and composition of the Board of                                          Diversity of the Board
           Commissioners        Commissioners has taken into account the                                        of Commissioners and
           takes into account   conditions, organizational needs and complexity                                 Directors, Page 788-789.
           the conditions       of BNI’s business as a Public Company and meets
           of the Public        the criteria in accordance with OJK Regulation
           Company.             No. 33/POJK.04/2014 concerning the Board of
                                Directors and Board of Commissioners of Issuers
                                or Public Companies, and OJK Regulation No.
                                17 of 2023 Implementation of Governance for
                                Commercial Banks.
   3.2.    The determination    The current composition of the Board of                                         Chapter 3. Company
           of the composition Commissioners has reflected adequate diversity,                                   Profile Sub-Chapter
           of the Board of      with a combination of various important aspects                                 Profile of the Board of
           Commissioners        such as independence, expertise and educational                                 Commissioners, Page
           members takes        background, diverse work experience, and                                        100-111.
           into account         varying age ranges. This diversity is expected
           the diversity        to support more comprehensive and balanced                                      Chapter 7. Corporate
           of expertise,        decision-making, and ensure that the Board                                      Governance, Sub-
           knowledge,           of Commissioners can carry out its functions                                    Chapter Diversity
           and experience       effectively in overseeing the Bank’s operations.                                Policy of the Board of
           required.            This is in accordance with the Regulation of                                    Commissioners and
                                the Minister of SOEs No. PER-3/MBU/03/2023                                      Directors, Page 788-789.
                                concerning Organs and Human Resources of
                                State-Owned Enterprises.




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                                                                                    BNI Compliance
                                                                                      with OJK
            OJK                                                                      Regulations           Disclosure in the 2024
No.                                        Implementation at BNI
       Recommendation                                                                                          Annual Report
                                                                                               Not Yet
                                                                                   Complied
                                                                                              Complied
4.     Principle 4:
       Improving the Quality of Implementation of the Duties and Responsibilities of the Board of Commissioners.
4.1.   The Board of         The self-assessment policy is used to assess the                       Chapter 7. Corporate
       Commissioners has performance of the Board of Commissioners                                 Governance, Sub-
       a self-assessment    based on the achievement of the work program                           Chapter Performance
       policy to assess     listed in the Board of Commissioners' Work Plan                        Assessment of the
       the performance      and Budget (RKA). This assessment includes                             Board of Directors
       of the Board of      indicators related to the duties and responsibilities                  and Board of
       Commissioners.       of the Board of Commissioners, which are also                          Commissioners, Page
                            included in the GCG Self Assessment.                                   763-767.

                            The performance assessment of the Board of
                            Commissioners is described through three main
                            indicators, namely advisory on performance,
                            strengthening executive functions, and monitoring
                            compliance. The GCG Self Assessment consists of
                            three main benchmarks: Governance Structure,
                            Governance Process, and Governance Outcome.
                            Governance Structure includes 14 indicators,
                            Governance Process consists of 17 indicators, and
                            Governance Outcome has 6 indicators.
4.2.   The self-assessment Disclosure of the Self-Assessment policy on the                               Chapter 7. Corporate
       policy to assess     performance of the Board of Commissioners listed                             Governance, Sub-
       the performance      in the RKA has been described in the 2024 Annual                             Chapter on Assessment
       of the Board of      Report. In addition, BNI has also submitted a                                of the Performance
       Commissioners is     report on the results of the GCG Self Assessment                             of the Board of
       disclosed through    related to the duties and responsibilities of the                            Directors and Board of
       the Annual Report of Board of Commissioners to the regulator.                                     Commissioners, Page
       the Public Company.                                                                               763-767.
4.3.   The Board of         The policy regarding the resignation of the Board                            Chapter 7. Corporate
       Commissioners has of Commissioners is regulated in the Board of                                   Governance, Sub-
       a policy regarding   Commissioners Charter.                                                       Chapter Board of
       the resignation                                                                                   Commissioners, Page
       of members of        In order to maintain the integrity of the Bank                               652-698.
       the Board of         and ensure compliance with the law and GCG
       Commissioners if     principles, BNI will take firm action and will not                           Chapter 7. Corporate
       they are involved in hesitate to enforce appropriate sanctions if there                           Governance, Sub-
       financial crimes.    is evidence of involvement of members of the                                 Chapter Nomination
                            Board of Commissioners in financial crimes.                                  and Remuneration of
                                                                                                         Members of the Board
                             As part of law enforcement efforts, BNI has                                 of Commissioners and
                             implemented OJK Regulation No. 8 of 2023                                    Board of Directors, Page
                             concerning the Implementation of Anti-Money                                 768-787.
                             Laundering Programs, Prevention of Terrorism
                             Financing, and Prevention of Proliferation of                               Chapter 7. Corporate
                             Weapons of Mass Destruction in the Financial                                Governance, Sub-
                             Services Sector.                                                            Chapter on Anti-Money
                                                                                                         Laundering, Prevention
                                                                                                         of Terrorism Financing,
                                                                                                         and Prevention of
                                                                                                         Proliferation of Weapons
                                                                                                         of Mass Destruction
                                                                                                         (APU, PPT, and PPPSPM)
                                                                                                         Programs, Page 1028-
                                                                                                         1032.
4.4.   The Board of          One of the organs of the Board of Commissioners                             Chapter 7. Corporate
       Commissioners         is the Nomination and Remuneration Committee,                               Governance, Sub-
       or the Committee      which functions to carry out nomination duties.This                         Chapter Nomination
       that carries out      committee assists the Board of Commissioners                                and Remuneration
       the Nomination        in assessing the performance of members of                                  Committee, Page 810-
       and Remuneration      the Board of Directors and/or members of the                                826.
       function prepares     Board of Commissioners based on benchmarks
       a succession policy   that have been set as evaluation materials. This
       in the Nomination     assessment is carried out by referring to BUMN
       process for           regulation No. PER-3/MBU/03/2023 of 2023.
       members of the
       Board of Directors.



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                                                                                    BNI Compliance
                                                                                      with OJK
                OJK                                                                  Regulations           Disclosure in the 2024
    No.                                        Implementation at BNI
           Recommendation                                                                                      Annual Report
                                                                                                 Not Yet
                                                                                   Complied
                                                                                                Complied
    C.     Aspect C:
           Functions and Roles of the Board of Directors
    5.     Principle 5:
           Strengthening the Membership and Composition of the Board of Directors.
    5.1.   Determination        As of December 31, 2024, the number of members                          Chapter 7. Corporate
           of the number of     of the BNI Board of Directors is 12 (twelve) people.                    Governance, Sub-
           members of the       Determination of the number and composition of                          Chapter Policy on
           Board of Directors   the Board of Directors has taken into account the                       Diversity of the Board
           takes into account   conditions, organizational needs and complexity                         of Commissioners and
           the conditions       of BNI’s business as a Public Company and meets                         Board of Directors, Page
           of the Public        the criteria in accordance with OJK Regulation                          788-789.
           Company and the      No. 33/POJK.04/2014 concerning the Board of
           effectiveness of     Directors and Board of Commissioners of Issuers
           decision-making.     or Public Companies, and OJK Regulation No.
                                17 of 2023 Implementation of Governance for
                                Commercial Banks.
   5.2.    The determination    The current composition of the Board of                                 Chapter 3. Company
           of the composition Directors has reflected adequate diversity, with                          Profile Sub-Chapter
           of the Board of      a combination of various important aspects                              Board of Directors
           Directors members such as independence, background expertise                                 Profile, Page 114-125.
           takes into account   and education, diverse work experience, and
           the diversity        varying age ranges. This diversity is expected                          Chapter 7. Corporate
           of expertise,        to support more comprehensive and balanced                              Governance, Sub-
           knowledge,           decision-making, and ensure that the Board                              Chapter Board of
           and experience       of Commissioners can carry out its functions                            Commissioners and
           required.            effectively in overseeing the running of the                            Board of Directors
                                company. This is in accordance with the                                 Diversity Policy, Page
                                Regulation of the Minister of SOEs No. PER-3/                           788-789.
                                MBU/03/2023 concerning Organs and Human
                                Resources of State-Owned Enterprises.
   5.3.    Members of the       The Director of Finance, Novita Widya Anggraini,
           Board of Directors   has an educational background in accounting
           who oversee the      economics and throughout 2024 has improved
           accounting or        her competence in this field.
           finance sector have
           expertise and/or
           knowledge in the
           field of accounting.
    6.     Principle 6:
           Improving the Quality of Implementation of Duties and Responsibilities of the Board of Directors.
    6.1.   The Board of         The Board of Directors’ performance assessment                          Chapter 7. Corporate
           Directors has        policy is regulated in the Guiding Principle                            Governance, Sub-
           its own self-        Key Performance Indicator (KPI) of the Board                            Chapter Assessment
           assessment policy    of Directors. This performance measurement                              of the Performance
           to assess the        includes several KPIs that are assessed                                 of the Board of
           performance of the collegially for all Directors, both in quantitative                       Directors and Board of
           Board of Directors. and qualitative forms. The assessment involves                           Commissioners, Page
                                several factors, such as market capitalization,                         763-767.
                                profit, market share, and leadership. The
                                Nomination and Remuneration Committee
                                has conducted an evaluation and provided
                                recommendations to the Board of Commissioners
                                regarding the nomination and remuneration
                                system or policy for Commissioners, Directors,
                                executive officers, and employees as a whole.
   6.2.    The self-            In 2024, the performance assessment of the Board                        Chapter 7. Corporate
           assessment policy    of Directors has been disclosed in the Annual                           Governance, Sub-
           for assessing the    Report, which can be accessed by Shareholders,                          Chapter Assessment
           performance of the investors, and other stakeholders through the                             of the Performance
           Board of Directors   official BNI website. This information is very                          of the Board of
           is disclosed         useful for providing assurance to Shareholders                          Directors and Board of
           through the annual and investors that the management of the                                  Commissioners, Page
           report of the Public company continues to be carried out in a better                         763-767.
           Company.             direction.




                                                                                                         2024 Annual Report
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                                                                                    BNI Compliance
                                                                                      with OJK
            OJK                                                                      Regulations           Disclosure in the 2024
No.                                        Implementation at BNI
       Recommendation                                                                                          Annual Report
                                                                                               Not Yet
                                                                                   Complied
                                                                                              Complied
6.3.   The Board of           BNI has a clear policy regarding the resignation                           Chapter 7. Corporate
       Directors has a        of members of the Board of Directors and will                              Governance, Sub-
       policy regarding       take firm action if financial crimes occur. This                           Chapter Board of
       the resignation of     policy is regulated in the Articles of Association                         Directors, Page 703-762.
       members of the         and the Board of Directors Charter.
       Board of Directors                                                                                Chapter 7. Corporate
       if they are involved   In order to maintain the integrity of the Bank                             Governance, Sub-
       in financial crimes.   and ensure compliance with the law and GCG                                 Chapter Nomination
                              principles, BNI will take firm action and will not                         and Remuneration Page
                              hesitate to enforce appropriate sanctions if there                         768-787.
                              is evidence of involvement of members of the
                              Board of Directors in financial crimes.                                    Chapter 7. Corporate
                                                                                                         Governance, Sub-
                              As part of law enforcement efforts, BNI has                                Chapter on Anti-Money
                              implemented OJK Regulation No. 8 of 2023                                   Laundering, Prevention
                              concerning the Implementation of Anti-Money                                of Terrorism Financing,
                              Laundering Programs, Prevention of Terrorism                               and Prevention of
                              Financing, and Prevention of Proliferation of                              Proliferation of Weapons
                              Weapons of Mass Destruction Funding in the                                 of Mass Destruction
                              Financial Services Sector.                                                 (APU, PPT, and PPPSPM)
                                                                                                         Programs, Page 1028-
                                                                                                         1032.
D.     Aspect D:
       Stakeholder Participation
 7.    Principle 7:
       Enhancing Corporate Governance Aspects through Stakeholder Participation.
7.1.   Public Companies     BNI has a comprehensive policy to prevent                                    Chapter 7. Corporate
       have policies to     insider trading, which is outlined in the                                    Governance, Sub-
       prevent insider      Company Guidelines (e-PP). This policy provides                              Chapter Insider Trading
       trading.             clear guidance to all employees, including                                   and Conflict of Interest
                            members of the Board of Directors and Board                                  Policy, 1059-1060.
                            of Commissioners, regarding the use and
                            disclosure of unpublished insider information.
                            In an effort to prevent insider trading practices,
                            BNI also establishes reporting procedures for
                            employees who suspect violations related to
                            such information. To support the implementation
                            of this policy, BNI periodically holds training so
                            that employees understand and comply with
                            applicable provisions. With these steps, BNI
                            aims to create a culture of transparency and
                            accountability, as well as increase public trust in
                            the integrity of financial institutions in managing
                            sensitive information.
7.2.   Public Company       In its operational activities, BNI always complies                           Chapter 7. Corporate
       has an anti-         with OJK Regulation No. 12 of 2024 concerning                                Governance, Sub-
       corruption and       the Implementation of Anti-Fraud Strategy for                                Chapter Internal Fraud,
       anti-fraud policy.   Financial Services Institutions, as well as Bank                             Page 1062-1063.
                            Indonesia Circular Letter No. 13/28/DPNP dated
                            December 9, 2011 concerning the Implementation                               Chapter 7. Corporate
                            of Anti-Fraud Strategy. BNI is committed to                                  Governance, Sub-
                            fostering a culture and concern for anti-fraud                               Chapter Anti-Corruption
                            throughout the organization. The implementation                              Policy, Page 1033-1034
                            of anti-fraud policies and strategies is carried out
                            through the implementation of the No Fraud for
                            Our Bank principle.




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                                                                                          BNI Compliance
                                                                                            with OJK
                OJK                                                                        Regulations            Disclosure in the 2024
    No.                                        Implementation at BNI
           Recommendation                                                                                             Annual Report
                                                                                                       Not Yet
                                                                                         Complied
                                                                                                      Complied
                                  To ensure that business activities are free from
                                  corruption, bribery, and fraud, BNI has formed
                                  several organizations, such as the Gratification
                                  Control Unit (UPG), the Anti-Fraud Unit, and
                                  the Anti-Fraud Committee. In addition, BNI also
                                  implements strict policies and procedures to
                                  enforce the principles of anti-corruption, anti-
                                  bribery, and anti-fraud, including the signing
                                  of an integrity pact by employees, the Board
                                  of Directors, and the Board of Commissioners
                                  every year, the Declaration of Gratification and
                                  Anti-Bribery periodically, and ISO 37001:2016
                                  Certification on the Anti-Bribery Management
                                  System (SMAP).
                                  To measure the success of this compliance
                                  culture, the Compliance Division has developed
                                  a tool called the Compliance Index (CIX).
    7.3.   Public Companies       BNI has a supplier or vendor selection and                                     Chapter 7. Corporate
           have policies on       capacity building policy outlined in the Company                               Governance, Sub-
           supplier or vendor     Guidelines (e-PP) Procurement No. IN/156/                                      Chapter Procurement
           selection and          PGV/017. This policy covers procurement                                        Policy, Page 1039-1043.
           capacity building.     procedures, including methods and process
                                  flows, and is applied consistently in every
                                  procurement of goods and/or services. This
                                  policy serves as a guideline for all employees
                                  in carrying out the procurement process. BNI
                                  requires that providers of goods and/or services
                                  required have been registered in the manual
                                  system or e-Procurement application. In addition,
                                  the procurement winner notification process is
                                  carried out transparently to ensure accountability.
    7.4.   Public Companies       Policies related to creditor rights at BNI are                                 Chapter 7. Corporate
           have policies          regulated through an agreement agreed between                                  Governance, Sub-
           regarding the          BNI and creditors. This agreement clearly states                               Chapter Protection of
           fulfillment of         the rights and obligations of each party, including                            Creditor Rights, Page
           creditor rights.       BNI’s obligation to fulfill creditor rights. BNI is                            1053.
                                  committed to providing transparent, accurate,
                                  and timely information, both regarding requests
                                  and use of loans. In addition, BNI is also obliged
                                  to maintain financial ratios, such as Current Ratio,
                                  Debt to Equity Ratio (DER), and Debt Service Ratio,
                                  in accordance with the agreed provisions. Annual
                                  audited financial reports are also submitted to
                                  creditors within a specified time period.
    7.5.   Public Companies       The management of the Whistleblowing                                           Chapter 7. Corporate
           have a                 System (WBS) at BNI, known as “WBS to CEO,”                                    Governance, Sub-
           whistleblowing         is a manifestation of the Bank’s commitment                                    Chapter Violation
           system policy.         to creating a clean and integrity-based work                                   Reporting System
                                  environment. This system encourages the active                                 (Whistleblowing
                                  participation of BNI Hi-Movers to report any                                   System), Page 1080-
                                  violations that occur within the Bank. Violation                               1083.
                                  reports through WBS can be submitted through
                                  various channels, such as telephone, email, letter,
                                  or website, thus facilitating access and ensuring
                                  the confidentiality of the reporter.




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                                                                                     BNI Compliance
                                                                                       with OJK
            OJK                                                                       Regulations           Disclosure in the 2024
No.                                        Implementation at BNI
       Recommendation                                                                                           Annual Report
                                                                                                Not Yet
                                                                                    Complied
                                                                                               Complied
7.6.   Public Companies      BNI implements a policy of providing long-term                               Chapter 7. Corporate
       have a policy of      performance-based compensation as a form of                                  Governance, Sub-
       providing long-       appreciation to management and employees                                     Chapter Performance-
       term incentives       who make significant contributions. This policy                              Based Long-Term
       to Directors and      is realized through a stock ownership scheme,                                Compensation Policy,
       employees.            namely the Management Stock Ownership                                        Page 1064-1069.
                             Program (MSOP) and the Employee Stock
                             Ownership Program (ESOP). This policy is
                             expected to encourage sustainable performance
                             improvements and align employee interests with
                             the Bank’s goals.

                             The provision of long-term compensation
                             for members of the Board of Directors and
                             Independent Board of Commissioners in the
                             form of MSOP is guided by OJK Regulation
                             No. 45/POJK.03/2015 concerning Remuneration
                             Governance for Commercial Banks, as well as
                             Regulation of the Minister of SOEs No. PER-3/
                             MBU/03/2023 concerning Organs and Human
                             Resources of State-Owned Enterprises. In
                             addition, the Employee Stock Allocation (ESA)
                             Program provides an opportunity for employees
                             who meet certain criteria to own shares, in
                             accordance with the provisions stated in the
                             Program Implementation Instructions.
E.     Aspect E:
       Information Disclosure
 8.    Principle 8:
       Improve the Implementation of Information Disclosure.
8.1.   Public Companies     In addition to the website, BNI also utilizes various                         Chapter 7. Corporate
       utilize information  information technologies and social media, such                               Governance, Sub-
       technology more      as email, BNI Menyapa, X, Instagram, and TikTok                               Chapter Access to
       widely in addition   as a means of communication and information                                   Company Information
       to Websites as       dissemination. This information disclosure effort                             and Data, Page 990-
       a medium for         includes not only that required by laws and                                   1026.
       information          regulations, but also other information that is
       disclosure.          considered useful for Shareholders and investors
                            related to BNI’s status as a Public Company.
8.2.   The Public           In the 2024 Annual Report, BNI discloses                                      Bab 3. Profil Chapter
       Company Annual       information regarding the ultimate beneficial                                 3. Company Profile
       Report discloses     owner in share ownership, including individuals                               Sub-Chapter Structure
       the ultimate         or entities that own at least 5% (five percent) of                            and Composition of
       beneficial owner     the total shares. This disclosure includes major                              Shareholders, Page 168-
       in the Public        and controlling shareholders, as well as share                                173.
       Company’s share      ownership by the Board of Directors and Board
       ownership of at      of Commissioners.                                                             Chapter 3. Company
       least 5% (five                                                                                     Profile Sub-Chapter
       percent), in                                                                                       Information on the
       addition to the                                                                                    Company’s Major and
       disclosure of the                                                                                  Controlling Shareholders,
       ultimate beneficial                                                                                Page 174.
       owner in the
       Public Company’s                                                                                   Chapter 7. Corporate
       share ownership                                                                                    Governance, Sub-Chapter
       through major                                                                                      Policy on Disclosure of
       and controlling                                                                                    Information on Share
       shareholders.                                                                                      Ownership of the Board
                                                                                                          of Commissioners
                                                                                                          and Directors and Its
                                                                                                          Implementation, Page
                                                                                                          1070-1079.




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  Implementation of The Indonesian
  Corporate Governance
  Guidelines (PUGKI)                                                  [ACGS C.2.6]




  In 2024, BNI has implemented the principles and recommendations outlined in the Indonesian Corporate
  Governance Guidelines (PUGKI) issued by the National Committee on Governance Policy (KNKG. In line
  with BNI’s commitment to realize the 4 (four) pillars of corporate governance, namely ethical behavior,
  accountability, transparency and sustainability, BNI also continues to strive to implement 8 (eight) principles
  of Indonesian corporate governance. More detailed information on this implementation can be found in the
  following table:
                                                                                                 BNI Compliance
                                                                                                   with KNKG     Disclosure in Annual
        No.      KNKG Recommendation                      Implementation at BNI                 Recommendations      Report 2024
                                                                                                 Applied Not yet
   1.         Principle 1:
              Roles and Responsibilities of the Board of Directors and Board of Commissioners
   1.1        Roles and Responsibilities of the Board of Directors
   1.1.1      To achieve the creation of        In carrying out its duties and functions, the                       Chapter 7
              sustainable value, the Board      Board of Directors focuses on long-term                             Corporate
              of Directors carries out its      performance, upholds business ethics,                               Governance, Sub-
              leadership role and strives       takes responsibility for the environment                            chapter Board of
              to achieve the following          and society, and consistently makes                                 Directors, Page
              governance outcomes:              improvements for sustainable growth.                                703-762.
              a. competitive and focused on
                 long-term performance;
              b. ethical and responsible in
                 conducting business;
              c. contributes positively
                 to society and the
                 environment; and
              d. capable of resilience
                 and growth (corporate
                 resilience).
   1.1.2      The Board of Directors must       The Board of Directors ensures that                                 Chapter 3.
              ensure that the mission,          the corporate vision and mission align                              Company Profile,
              vision, goals, objectives,        with the Bank’s strategic plan and long-                            Sub-chapter Vision,
              strategies, and annual and        term objectives, by effectively utilizing                           Mission and
              medium-term corporate plans       innovation and technology. A strong                                 Corporate Culture,
              are consistent with long-term     commitment to developing technology                                 Page 86-89.
              objectives, by effectively        infrastructure and digital innovation is a
              utilizing innovation and          key step in supporting the achievement of                           Chapter 7.
              technology.                       these goals. By considering stakeholder                             Corporate
                                                expectations, innovation is placed at                               Governance, Sub-
                                                the core of strategy and operational                                Chapter of the
                                                oversight. The Board of Directors also                              Bank’s Strategic
                                                encourages      continuous     innovation,                          Plan, Page 1084-
                                                including the development of business                               1090.
                                                models, new products, new services, and
                                                collaboration with strategic partners.                              Chapter 7
                                                                                                                    Corporate
                                                                                                                    Governance,
                                                                                                                    Sub-Chapter
                                                                                                                    Reporting Integrity
                                                                                                                    and Information
                                                                                                                    Technology
                                                                                                                    System, Page 1058.




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                                                                                            BNI Compliance
                                                                                              with KNKG     Disclosure in Annual
  No.        KNKG Recommendation                        Implementation at BNI              Recommendations      Report 2024
                                                                                            Applied Not yet
1.1.3     The Board of Directors             The Board of Directors has ensured that                           Chapter 7.
          ensures that the corporation       the corporation applies appropriate                               Corporate
          implements appropriate and         and effective risk management and                                 Governance,
          effective risk management          internal control systems, aligned with                            Internal Control
          and internal control systems       the vision, mission, and strategic plan.                          System Sub-
          that align with the corporate      The implementation of risk management                             Chapter, Page
          vision, mission, goals,            and internal control systems is carried                           938-945.
          objectives, and strategies,        out effectively, proactively, and with a
          and comply with applicable         forward-looking approach, in accordance                           Chapter 7.
          laws and standards.                with applicable laws and standards. This                          Corporate
                                             step aims to support the achievement of                           Governance,
                                             sustainable performance and enhance                               Sub-Chapter of
                                             competitiveness.                                                  Risk Management
                                                                                                               System, Page 946-
                                                                                                               970.
1.1.4     The Board of Directors             The Board guarantees the integrity                                Chapter 7.
          ensures the integrity of the       of the corporation’s accounting and                               Corporate
          corporation’s accounting and       financial reporting systems and ensures                           Governance,
          financial reporting systems        the timely and accurate disclosure of all                         Internal Control
          and the timely and accurate        material information regarding the Bank                           System Sub-
          disclosure of all material         as part of the Bank’s risk management                             Chapter, Page
          information regarding the          implementation. The Board also ensures                            938-945.
          corporation.                       that each individual involved in the
                                             preparation and disclosure of information                         Chapter 7.
                                             possesses relevant knowledge, skills, and                         Corporate
                                             experience, as reflected in certifications                        Governance,
                                             from reputable institutions, and ensures                          Sub-Chapter
                                             the availability of adequate resources.                           Transparency of
                                                                                                               Report Submission,
                                             In approving information disclosure,                              Page 1091.
                                             including periodic financial reports, the
                                             Board considers the effectiveness of the
                                             internal control system, the opinion of the
                                             external auditor, and the opinions of the
                                             Audit Committee, as well as consistency
                                             with the Bank’s goals and strategies. The
                                             results of the review of the Quarterly
                                             Financial Statements are published
                                             along with the report, providing valuable
                                             information for investors and analysts to
                                             assess the Bank’s financial performance.
1.1.5     The Board of Directors             The Board ensures the implementation                              Chapter 9. ESG
          ensures that the sustainability    of sustainability principles and the                              Commitments,
          report has been properly           preparation of the sustainability report                          ESG Index Sub-
          prepared.                          in accordance with applicable laws and                            Chapter: Summary
                                             regulations and standards. This report is                         of Practices
                                             prepared based on a reporting framework                           BNI Sustainability
                                             that takes into account the size and                              Practices
                                             complexity of the corporation, and                                Summary, Page
                                             meets national and/or global standards.                           1192-1197.
                                             Therefore, the sustainability report
                                             reflects the corporation's practices that
                                             support the creation of sustainable value.




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                                                                                                BNI Compliance
                                                                                                  with KNKG     Disclosure in Annual
      No.        KNKG Recommendation                       Implementation at BNI               Recommendations      Report 2024
                                                                                                Applied Not yet
   1.1.6      The Board of Directors             The Board consistently develops and                              Chapter 5. Business
              establishes a framework            updates the IT governance framework                              Support Functions,
              for corporate information          to align with the Bank’s business                                Sub-Chapter
              technology (IT) governance         needs and priorities. IT resource                                Information
              that aligns with the               allocation policies are implemented to                           Technology, Page
              corporation’s business             ensure that investments and resource                             444-450.
              needs and priorities, drives       allocations are optimal and adequate.
              business opportunities and         The implementation of IT governance is                           Chapter 7
              performance, strengthens risk      realized through aligning the IT Strategic                       Corporate
              management, and supports           Plan with the Bank’s business strategy,                          Governance,
              the corporation’s goals and        optimizing resources, effective use of IT,                       Sub-Chapter
              strategies.                        performance measurement, and applying                            Reporting Integrity
                                                 risk management in compliance with                               and Information
                                                 applicable regulations.                                          Technology
                                                                                                                  System, Page 1058.
                                                 Furthermore, the Board ensures that the
                                                 Bank’s risk management covers IT risks,
                                                 and IT security policies and procedures
                                                 are implemented to safeguard the
                                                 security and confidentiality of data.
   1.1.7      For corporations operating         As of the end of 2024, BNI does not
              based on Sharia principles,        conduct     business    activities based
              the Board of Directors must        on Sharia principles. Therefore, this
              ensure the authority and           provision is not relevant to BNI.
              availability of adequate
              supporting devices so that the
              Sharia Supervisory Board can
              perform its role effectively.
   1.1.8      The Board of Directors’            The Board of Directors’ Charter is reviewed                      Chapter 7
              Charter is periodically            regularly to ensure its relevance and                            Corporate
              reviewed. The Charter              alignment with the latest developments                           Governance, Sub-
              includes, among other              in governance practices. This review                             Chapter Board of
              things, the division of roles      process includes an evaluation of the                            Directors, Page
              for each Director, which can       duties and authority of each Director, as                        703-762.
              be arranged in the Board of        well as necessary adjustments to improve
              Directors’ Charter or by a         the Bank’s operational effectiveness and
              Board of Directors’ decision       efficiency. Additionally, this guideline
              letter.                            serves as a reference for Board members
                                                 in carrying out their responsibilities,
                                                 thereby promoting transparent and
                                                 accountable decision-making practices.
   1.1.9      The Board of Directors             BNI has a clear policy regarding the                             Chapter 7. Corporate
              has a policy regarding             resignation of Board members. This                               Governance, Sub-
              the resignation of Board           policy is written and outlined in the                            Chapter of Board
              members if they are involved       Articles of Association and the Board of                         of Directors, Page
              in financial crimes and are        Directors’ Charter.                                              703-762.
              proven to have committed
              wrongdoing.                        To maintain integrity and ensure                                 Chapter 7. Corporate
                                                 compliance with the law and principles of                        Governance, Sub-
                                                 GCG, BNI will take firm action and will not                      Chapter of Anti-
                                                 hesitate to enforce appropriate sanctions                        Money Laundering,
                                                 if there is evidence of Board members’                           Countering the
                                                 involvement in financial crimes.                                 Financing of
                                                                                                                  Terrorism, and
                                                                                                                  Countering the
                                                                                                                  Financing of
                                                                                                                  Proliferation of
                                                                                                                  Weapons of Mass
                                                                                                                  Destruction (AML/
                                                                                                                  CFT and PPPSPM)
                                                                                                                  Program, Page 1028-
                                                                                                                  1032.




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                                                                                            BNI Compliance
                                                                                              with KNKG     Disclosure in Annual
  No.        KNKG Recommendation                        Implementation at BNI              Recommendations      Report 2024
                                                                                            Applied Not yet
                                              BNI has also implemented POJK No. 8
                                              of 2023 regarding the Implementation
                                              of the APU PPT and PPPSPM Programs
                                              in the Financial Services Sector. This
                                              commitment is reflected in all operational
                                              activities, including the identification,
                                              monitoring, and reporting of suspicious
                                              transactions.
1.2       Role and Responsibilities of the Board of Commissioners
1.2.1     The Board of Commissioners          The performance assessment of the                                Chapter 7.
          conducts an objective and           Board of Directors, including the                                Corporate
          independent annual formal           President Director of the Bank, is                               Governance,
          evaluation to determine the         conducted periodically based on the                              Sub-Chapter
          effectiveness of the Board of       parameters set in the Board of Directors'                        Performance
          Directors and each individual       Key Performance Indicators (KPIs),                               Assessment of the
          Director.                           both collectively and individually. The                          Board of Directors
                                              calculation of the achievement of the                            and the Board of
1.2.2     The Board of Commissioners,
                                              Board of Directors' KPIs will be reviewed                        Commissioners,
          by taking into account
                                              by the Public Accounting Firm (KAP) that                         Page 763-767.
          the consideration of
                                              audits the Bank's financial statements.
          the Nomination and
                                              The results of this review are then
          Remuneration Committee, is
                                              evaluated by the Board of Commissioners,
          responsible for determining
                                              taking into account recommendations
          the performance evaluation
                                              from the Nomination and Remuneration
          criteria and assessing the
                                              Committee. Subsequently, the Board of
          performance of the President
                                              Commissioners' evaluation results of
          Director and other Board
                                              the Board of Directors' performance are
          members.
                                              reported to the Ministry of State-Owned
                                              Enterprises as the controlling shareholder
                                              of the Bank.
1.3       Peran dan Tanggung Jawab Dewan Komisaris
1.3.1     The Board of Commissioners          The Board of Commissioners reviews the                           Chapter 7.
          reviews the corporate               corporate strategy annually by approving                         Corporate
          strategy at least annually and      the Bank’s Business Plan (RBB), the                              Governance, Sub-
          approves the mission, vision,       Corporate Work Plan and Budget (RKAP),                           Chapter Board of
          and strategy formulated by          as well as revisions to the RBB and RKAP.                        Commissioners,
          the Board of Directors. The         Additionally, the Board of Commissioners                         Page 652-698.
          Board of Commissioners              provides advice and counsel and monitors
          also reviews, provides              the implementation of policies, their
          advice, and approves the            implementation, and the performance of
          corporation’s business plan,        the Bank, which is the responsibility of
          long-term financial plan, and       the Board of Directors. The supervisory
          short-term financial plan.          function of the Board of Commissioners
          The Board of Commissioners          is carried out regularly through Board
          provides advice and                 of Commissioners’ meetings, which
          monitors the Board of               invite the Board of Directors every four
          Directors’ management of its        months. Furthermore, the Board of
          implementation. The Board           Commissioners also prepares the RBB
          of Directors and the Board of       Supervision Report, which is submitted to
          Commissioners are involved          the relevant authorities every semester.
          in decisions that are critical to
          the corporation, as outlined
          in the corporation’s articles of
          association.




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                                                                                              BNI Compliance
                                                                                                with KNKG     Disclosure in Annual
      No.        KNKG Recommendation                      Implementation at BNI              Recommendations      Report 2024
                                                                                              Applied Not yet
   1.3.2      The types of decisions that       BNI’s Articles of Association stipulate                          Chapter 7.
              require the approval of the       that the Board of Commissioners has the                          Corporate
              Board of Commissioners            obligation to provide written approval                           Governance, Sub-
              must be disclosed in the          for legal actions taken by the Board of                          Chapter Board of
              annual report.                    Directors. This approval must be made                            Commissioners,
                                                in accordance with the provisions set out                        in the discussion
                                                in BNI’s Articles of Association, with due                       entitled Decisions
                                                observance of the prevailing laws and                            of the Board
                                                regulations as well as provisions in the                         of Directors
                                                Capital Market.                                                  Requiring Board
                                                                                                                 of Commissioners
                                                Disclosure of the type of decision                               Approval, Page
                                                requiring Board of Commissioners’                                692-694.
                                                approval has also been disclosed in the
                                                Annual Report, which among others
                                                states that the Board of Commissioners is
                                                authorized to approve matters requiring
                                                Board of Commissioners’ approval based
                                                on the prevailing laws and regulations
                                                and the Company’s Articles of Association,
                                                including the Bank’s Business Plan,
                                                Corporate Budget Work Plan, Corporate
                                                Plan, Recovery Plan, Internal Audit
                                                Annual Audit Plan, and Sustainable
                                                Finance Action Plan. Information related
                                                to this matter has been disclosed in the
                                                2024 Annual Report.
   1.3.3      Taking into account the           The Board of Commissioners ensures that                          Chapter 7.
              recommendations of                the process of nominating and selecting                          Corporate
              the Nomination and                members of the Board of Directors                                Governance,
              Remuneration Committee,           and the Board of Commissioners is                                Sub-Chapter
              the Board of Commissioners        formal and transparent. The nomination                           Nomination and
              proposes to, and for decision     and selection procedures follow the                              Remuneration
              by, the GMS the appointment       applicable regulatory provisions. The                            of Directors
              and/or dismissal of members       procedure begins with a meeting of                               and Board of
              of the Board of Directors and     the Nomination and Remuneration                                  Commissioners,
              the Board of Commissioners.       Committee to provide recommendations                             Page 768-787.
              In making the proposal, the       to the Board of Commissioners regarding
              Board of Commissioners            the appointment and/or dismissal of
              considers diversity, non-         members of the Board of Directors and
              discriminatory elements, and      the Board of Commissioners. After that,
              provides equal opportunities      the Board of Commissioners proposes
              without distinguishing            it to the shareholders for decision at the
              between ethnicity, religion,      GMS. The Board of Commissioners has
              race, inter-group relations,      considered diversity, non-discriminatory
              and gender. The Board of          elements,      and     provides     equal
              Commissioners ensures that        opportunities without distinction based
              the process of nominating         on ethnicity, religion, race, inter-group
              and selecting members of the      relations, and gender.
              Board of Directors and the
              Board of Commissioners is
              formal and transparent.
   1.3.4      The Board of Commissioners        The Nomination and Remuneration                                  Chapter 7.
              or the committee performing       Committee develops the Succession                                Corporate
              the nomination function           Policy in the nomination process for                             Governance,
              develops a succession policy      members of the Board of Directors,                               Sub-Chapter
              in the nomination process         which is then recommended to the                                 Nomination and
              for members of the Board          Board of Commissioners. Each year,                               Remuneration
              of Directors. Each year, the      the Board of Commissioners reviews                               Committee, in
              Board of Commissioners            the implementation report of the                                 the discussion
              reviews the implementation        development and succession plan.                                 entitled Directors’
              report of the development                                                                          Succession Policy,
              and succession plan                                                                                Page 772.
              submitted by the President
              Director.




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                                                                                            BNI Compliance
                                                                                              with KNKG     Disclosure in Annual
  No.        KNKG Recommendation                        Implementation at BNI              Recommendations      Report 2024
                                                                                            Applied Not yet
1.3.5     The Board of Commissioners:        The Nomination and Remuneration                                   Chapter 7.
          a) Proposes to the GMS,            Committee,      responsible    for     the                        Corporate
             which may be preceded           remuneration function, proposes the                               Governance,
             by a proposal from the          remuneration amount for members of                                Sub-Chapter
             committee performing the        the Board of Directors and the Board of                           Nomination and
             remuneration function, the      Commissioners. This proposal is made                              Remuneration
             amount of remuneration          considering the sustainable development                           Committee, in
             for members of the Board        as well as the long-term interests of the                         the discussion
             of Directors and the            Bank and shareholders. The Board of                               entitled Directors’
             Board of Commissioners          Commissioners periodically reviews the                            Succession Policy,
             that aligns with the            remuneration policy and procedures                                Page 768-787.
             sustainable development         to ensure their alignment with current
             of the corporation and          conditions and applicable regulations.
             the long-term interests
             of the corporation and
             shareholders;
          b) Periodically reviews the
             remuneration system for
             the Board of Directors
             and the Board of
             Commissioners.
1.3.6     The Board of Commissioners         The Board of Commissioners is responsible                         Chapter 7.
          oversees the effectiveness of      for overseeing the effectiveness of                               Corporate
          corporate governance policies      corporate governance policies and their                           Governance, Sub-
          and their implementation,          implementation across all levels of the                           Chapter Integrated
          and proposes changes if            organization, ensuring that the policies                          Governance
          necessary.                         applied align with the principles of good                         Committee, Page
                                             governance and applicable regulations.                            839-857.
                                             With the support of all the Committees
                                             of the Board of Commissioners, the
                                             Board of Commissioners performs its
                                             oversight function through coordination
                                             with the Board of Directors to review and
                                             evaluate the implementation of policies.
                                             If necessary, the Board of Commissioners
                                             proposes changes or adjustments to
                                             improve the quality of governance,
                                             including     the   implementation     of
                                             governance at the Bank and Subsidiaries
                                             within the BNI Financial Conglomerate,
                                             in accordance with the Integrated
                                             Governance concept mandated by OJK
                                             Regulations.
1.3.7     The Board of Commissioners         The Board of Commissioners, through                               Chapter 7
          monitors and directs the           the Risk Monitoring Committee, has                                Corporate
          corporation to implement           carried out monitoring and oversight,                             Governance,
          appropriate and effective risk     which includes providing advice and                               Sub-Chapter
          management and internal            guidance to the Board of Directors on                             Risk Monitoring
          control systems that align         the implementation of Risk Management                             Committee, Page
          with the corporation’s goals,      and Internal Control Systems at BNI. The                          826-839.
          objectives, and strategies,        Board of Commissioners periodically
          and comply with applicable         reviews and approves the applicable risk
          regulations, code of conduct,      appetite. Through the Risk Monitoring
          and standards.                     Committee, the Board of Commissioners
                                             monitors and provides input to ensure
                                             that key risks are identified, considering
                                             both internal and external factors.
                                             Additionally, the Board of Commissioners
                                             ensures that the impact and likelihood
                                             of risks have been assessed and that
                                             appropriate mitigation strategies and
                                             plans are in place. Periodically, the Board
                                             of Commissioners also monitors the
                                             effectiveness of risk management and
                                             internal control systems.




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                                                                                                BNI Compliance
                                                                                                  with KNKG     Disclosure in Annual
      No.        KNKG Recommendation                      Implementation at BNI                Recommendations      Report 2024
                                                                                                Applied Not yet
   1.3.8      The Board of Commissioners        The Board of Commissioners has                                    Chapter 7.
              supervises and directs the        discussed with the Board of Directors the                         Corporate
              achievement of integrity in       appointment of the Public Accounting                              Governance,
              the corporation’s accounting      Firm that will function as the External                           Sub-Chapter Audit
              and financial reporting           Auditor to audit BNI’s 2024 Annual                                Committee, Page
              systems, as well as the           Financial Statements and other reports.                           792-810.
              independence of internal and      This discussion also covers the audit
              external audit functions.         plan for the following year and annual
                                                consultations, with the aim of achieving
                                                integrity in accounting and financial
                                                reporting systems, as well as ensuring
                                                the independence of both internal and
                                                external audit functions.

                                                Before approving the financial statements,
                                                the Board of Commissioners receives a
                                                statement from the President Director and
                                                Finance Director that the entity’s financial
                                                records have been properly managed.
                                                The financial statements have also been
                                                prepared in accordance with applicable
                                                accounting standards and fairly present
                                                the corporation’s financial position and
                                                performance.
   1.3.9      The Board of Commissioners        The Board of Commissioners has                                    Chapter 2.
              monitors, reviews, and            monitored, reviewed, and approved BNI’s                           Management
              approves the corporation’s        2024 Annual Report and Sustainability                             Report, Board of
              annual report and                 Report,    ensuring      their  integrity.                        Commissioners’
              sustainability report, ensuring   Additionally, the Board of Commissioners                          Report Sub-
              their integrity, and supervises   supervises the corporation’s disclosure                           Chapter, Page
              the corporation’s disclosure      and communication processes, including                            45-53.
              and communication                 ensuring that information related to the
              processes.                        Board of Commissioners is included in                             Chapter 2.
                                                the Annual Report. Thus, the disclosure                           Management
                                                of governance practices in the Annual                             Report, Sub-
                                                Report is ensured to have been properly                           Chapter of
                                                implemented during the 2024 fiscal year.                          Statement of
                                                                                                                  Members of
                                                                                                                  the Board of
                                                                                                                  Commissioners
                                                                                                                  on their
                                                                                                                  Responsibilities
                                                                                                                  for the 2024 Annual
                                                                                                                  Report, Page 76-77.




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                                                                                              BNI Compliance
                                                                                                with KNKG     Disclosure in Annual
  No.         KNKG Recommendation                        Implementation at BNI               Recommendations      Report 2024
                                                                                              Applied Not yet
1.3.10     The Board of Commissioners’        The Board of Commissioners has a                                   Chapter 7.
           Charter is periodically            Charter that includes various provisions,                          Corporate
           reviewed.                          such as the Code of Conduct for Board                              Governance, Sub-
                                              of Commissioners meetings and joint                                Chapter Board of
                                              meetings with the Board of Directors, and                          Commissioners,
                                              serves as the primary reference for carrying                       Page 652-698.
                                              out the Board’s duties and functions.
                                              Additionally, the supporting committees                            Chapter 7.
                                              of the Board of Commissioners each                                 Corporate
                                              have their own Committee Charter, which                            Governance,
                                              guides them in performing their duties                             Audit Committee
                                              and responsibilities.                                              Sub-Chapter, Page
                                                                                                                 792-810.
                                              All of these guidelines are reviewed
                                              periodically and adjusted to comply                                Chapter 7.
                                              with applicable laws and regulations                               Corporate
                                              before being approved by the Board of                              Governance,
                                              Commissioners. In 2024, the Board of                               Remuneration
                                              Commissioners conducted a review and                               and Nomination
                                              ensured that these guidelines comply                               Committee Sub-
                                              with the relevant legal provisions.                                Chapter, Page
                                                                                                                 810-826.

                                                                                                                 Chapter 7.
                                                                                                                 Corporate
                                                                                                                 Governance,
                                                                                                                 Sub-Chapter of
                                                                                                                 Risk Monitoring
                                                                                                                 Committee, Page
                                                                                                                 826-839.

                                                                                                                 Chapter 7.
                                                                                                                 Corporate
                                                                                                                 Governance,
                                                                                                                 Sub-Chapter
                                                                                                                 of Integrated
                                                                                                                 Governance
                                                                                                                 Committee, Page
                                                                                                                 839-857.




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                                                                                               BNI Compliance
                                                                                                 with KNKG     Disclosure in Annual
      No.        KNKG Recommendation                      Implementation at BNI               Recommendations      Report 2024
                                                                                               Applied Not yet
   1.3.11     The Board of Commissioners        The policy on the resignation of the Board                       Chapter 7.
              has a policy regarding            of Commissioners is regulated in the                             Corporate
              the resignation of Board          Articles of Association and the Board of                         Governance, Sub-
              members if they are involved      Commissioners’ Charter.                                          Chapter of Board
              in financial crimes and                                                                            of Commissioners,
              proven to have committed          To maintain the integrity of the Bank                            Page 652-698.
              wrongdoing.                       and ensure compliance with the law as
                                                well as the principles of Good Corporate                         Chapter 7.
                                                Governance (GCG), BNI will take firm                             Corporate
                                                action and will not hesitate to enforce                          Governance,
                                                appropriate sanctions if there is evidence                       Sub-Chapter of
                                                of a Board member’s involvement in                               Nomination and
                                                financial crimes.                                                Remuneration
                                                                                                                 of Members of
                                                As part of the law enforcement efforts, BNI                      the Board of
                                                has implemented OJK Regulation No. 8 of                          Commissioners
                                                2023 concerning the Application of Anti-                         and Directors, Page
                                                Money Laundering (APU) and Prevention                            768-787.
                                                of Terrorism Financing (PPT) Programs,
                                                and the Prevention of Financial Services                         Chapter 7.
                                                Sector Money Laundering (PPPSPM).                                Corporate
                                                                                                                 Governance, Sub-
                                                                                                                 Chapter of Anti-
                                                                                                                 Money Laundering,
                                                                                                                 Countering the
                                                                                                                 Financing of
                                                                                                                 Terrorism, and
                                                                                                                 Countering the
                                                                                                                 Financing of
                                                                                                                 Proliferation of
                                                                                                                 Weapons of Mass
                                                                                                                 Destruction (AML,
                                                                                                                 CFT, and PPPSPM)
                                                                                                                 Program, Page
                                                                                                                 1028-1032.
   1.3.12     Independent Commissioners         BNI ensures that all Independent                                 Chapter 7.
              are highly expected to            Commissioners serving in 2024 have no                            Corporate
              contribute to honest,             financial, managerial, ownership, and/                           Governance,
              objective, active, and            or family relationships with members of                          Sub-Chapter
              constructive discussions in       the Board of Directors, other members                            Independent
              Board of Commissioners            of the Board of Commissioners,                                   Commissioner,
              meetings.                         controlling    shareholders,     or     the                      Page 699-702.
                                                Bank. This independence condition
                                                reflects the objectivity of Independent
                                                Commissioners in carrying out their
                                                duties, as well as their active, objective,
                                                and constructive roles in executing their
                                                functions.

                                                The appointment and dismissal of BNI’s
                                                Independent Commissioners have met
                                                the criteria and followed the procedures
                                                set forth in the applicable laws and
                                                regulations. As such, Independent
                                                Commissioners are ensured to perform
                                                their duties independently.




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                                                                                              BNI Compliance
                                                                                                with KNKG     Disclosure in Annual
  No.         KNKG Recommendation                        Implementation at BNI               Recommendations      Report 2024
                                                                                              Applied Not yet
1.3.13     The President Commissioner         The     President     Commissioner      has                        Chapter 7.
           acts as the coordinator of         optimally performed his role, both                                 Corporate
           the Board of Commissioners         as the coordinator of the Board                                    Governance, Sub-
           and ensures its effectiveness.     of     Commissioners        in     ensuring                        Chapter Board of
           The President Commissioner         the effectiveness of its duties and                                Commissioners,
           fosters a culture of               responsibilities, and in fulfilling his role                       Page 652-698.
           openness and constructive          as the Chair of the Integrated Governance
           dialogue that allows various       Committee and the Nomination and
           viewpoints to be expressed,        Remuneration Committee. The active role
           including coordinating             of the President Commissioner is evident
           the setting of appropriate         in leading the Board of Commissioners’
           board meeting agendas and          meetings according to the agenda that
           ensuring sufficient time is        must be discussed, including in the
           available to discuss all items.    decision-making process in a collegial
           Additionally, there must be        manner.
           opportunities for the Board of
           Commissioners to meet with         Furthermore, the President Commissioner
           the Board of Directors and         coordinates the division of supervisory
           senior management.                 roles among the members of the Board
                                              of Commissioners, leads meetings, and
                                              represents the Board of Commissioners
                                              in dealings with external parties.
1.4        Establisment of the
           Committee
1.4.1      The corporation has                To support the implementation of                                   Chapter 7.
           committees under the               supervisory  duties   and    functions,                            Corporate
           Board of Commissioners,            the Board of Commissioners has                                     Governance, Sub-
           at a minimum consisting            established committees under the                                   Chapter Supporting
           of: the Audit Committee,           Board of Commissioners, consisting                                 Organ of the Board
           the Nomination and                 of the Nomination and Remuneration                                 of Commissioners,
           Remuneration Committee,            Committee, the Integrated Governance                               Page 792-857.
           and the Risk Management            Committee,    the   Risk    Monitoring
           Monitoring Committee.              Committee, and the Audit Committee.
1.4.2      The Board of Commissioners         The Board of Commissioners ensures                                 Chapter 7.
           ensures that all members           that all members of the Audit                                      Corporate
           of the Audit Committee are         Committee, consisting of Independent                               Governance,
           independent, and that other        Commissioners and Independent Parties                              Sub-Chapter Audit
           committees established by          (Non-Commissioners), carry out their                               Committee, Page
           the Board of Commissioners         duties and responsibilities independently.                         792-810.
           are predominantly composed         All members of the Audit Committee
           of independent members.            are confirmed to have the required
           Furthermore, all committee         competence and capabilities to meet the
           members possess the                needs of the Audit Committee’s tasks.
           necessary competence,
           commitment, and authority to       The Audit Committee has a Committee
           perform their roles effectively    Charter that serves as a guideline
           and independently.                 for carrying out its duties. The Audit
                                              Committee Charter outlines various
                                              provisions,    including:   Independence
                                              Criteria, Duties and Responsibilities, and
                                              the Authority of the Audit Committee. The
                                              Audit Committee has several authorities,
                                              including the right to obtain information,
                                              meet with relevant parties in connection
                                              with its duties (with or without the
                                              presence of management), and seek
                                              advice from independent external
                                              consultants/experts if necessary.




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                                                                                             BNI Compliance
                                                                                               with KNKG     Disclosure in Annual
      No.        KNKG Recommendation                      Implementation at BNI             Recommendations      Report 2024
                                                                                             Applied Not yet
   1.4.3      To ensure that the                The Board of Commissioners ensures                              Chapter 7.
              monitoring of the Audit           that the President Commissioner does                            Corporate
              Committee’s duties is             not hold the position of Chairman of the                        Governance,
              carried out objectively and       Audit Committee, in order to maintain                           Sub-Chapter Audit
              independently, the President      independence and objectivity in the                             Committee, Page
              Commissioner shall not            execution of the supervisory function.                          792-810.
              serve as the Chairman of the      In 2024, the position of Chairman of
              Audit Committee, except in        the Audit Committee was held by
              extraordinary circumstances       an Independent Commissioner with
              that must be explained in the     adequate competence and experience,
              annual report.                    enabling them to carry out the oversight
                                                duties effectively and in accordance with
                                                GCG principles.
   1.5        Performance Assessment – Board
                                       ​​    of Commissioners and its Members
   1.5.1      The Board of Commissioners        A self-assessment policy is used                                Chapter 7.
              conducts an objective             to evaluate the performance of the                              Corporate
              annual formal evaluation to       Board of Commissioners based on the                             Governance,
              determine the effectiveness       achievement of work programs outlined                           Sub-Chapter
              of the Board, its committees,     in the Work Plan and Budget (RKA) of the                        Performance
              and each individual               Board of Commissioners. This evaluation                         Assessment of the
              commissioner.                     includes indicators related to the duties                       Board of Directors
                                                and responsibilities of the Board of                            and Board of
                                                Commissioners, which are also part of                           Commissioners,
                                                the GCG Self-Assessment.                                        Page 763-787.

                                                The performance evaluation of the Board
                                                of Commissioners is reflected through
                                                three main indicators: advisory on
                                                performance, strengthening the executive
                                                function, and monitoring compliance. The
                                                GCG Self-Assessment consists of three
                                                main benchmarks: Governance Structure,
                                                Governance Process, and Governance
                                                Outcome. Governance Structure includes
                                                14 indicators, Governance Process
                                                consists of 17 indicators, and Governance
                                                Outcome includes 6 indicators.

                                                Periodically, the Board of Commissioners
                                                also evaluates the committees under its
                                                authority, including the Audit Committee,
                                                Risk Monitoring Committee, Nomination
                                                and Remuneration Committee, Risk
                                                Monitoring Committee, and the Integrated
                                                Governance Committee.
   1.6        Conflict of Interest
   1.6.1      Board members who hold            In the 2024 fiscal year, no members of                          Chapter 3.
              concurrent positions outside      the Board of Directors held concurrent                          Company Profile
              the corporation must              positions outside of BNI. This is in                            Sub-Chapter Board
              obtain approval from the          accordance with the provisions set out in                       of Directors Profile,
              Board of Commissioners. A         the Minister of State-Owned Enterprises                         Page 114-125.
              commissioner must notify the      Regulation    No.    PER-3/MBU/03/2023
              Board of Commissioners and        on the Organization and Human                                   Chapter 7.
              the chair of the committee        Resources of State-Owned Enterprises                            Corporate
              performing the nomination         and OJK Regulation No. 17 of 2023 on                            Governance, Sub-
              function before accepting         the Implementation of Governance for                            Chapter Board of
              a new appointment as a            Commercial Banks.                                               Commissioners
              director or commissioner of                                                                       and Board of
              a public corporation, another                                                                     Directors Diversity
              directorship, or a position                                                                       Policy, Page 788-
              with a significant time                                                                           789.
              commitment.




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                                                                                                BNI Compliance
                                                                                                  with KNKG     Disclosure in Annual
     No.        KNKG Recommendation                        Implementation at BNI               Recommendations      Report 2024
                                                                                                Applied Not yet
1.6.2        The Board of Commissioners         BNI has a policy that prohibits members                            Corporate
             monitors and manages               of the Board of Directors and the Board of                         Governance, Sub-
             potential conflicts of interest    Commissioners with conflicts of interest                           Chapter Insider
             among management,                  from participating in decision-making                              Trading and
             members of the Board               (abstaining) related to such conflicts. Each                       Conflict of Interest
             of Directors, the Board            member of the Board of Commissioners                               Policy, Page 1059-
             of Commissioners, and              must inform the Board of Directors                                 1060.
             shareholders, including the        and the Board of Commissioners if
             misuse of corporate assets         there is a potential conflict of interest,
             and abuse in related party         including if it arises from their position
             transactions. Commissioners        as a consultant or official at another
             with conflicts of interest do      company. Members of the Board of
             not participate in monitoring      Directors must also immediately disclose
             or decision-making regarding       their potential conflicts of interest to
             potential conflicts of interest    the Board of Commissioners and other
             involving themselves or their      Board members, and not participate
             affiliates.                        in decision-making if there is a conflict
                                                of interest. In its report, the Board of
                                                Commissioners informs the General
                                                Meeting of Shareholders (GMS) of any
                                                material conflicts of interest that have
                                                occurred, along with their resolution.
1.7          Competence Improvemenr of Members of the Board of Directors and Board of Commissioners
1.7.1        The Board of Commissioners         Newly appointed members of the                                     Chapter 7.
             ensures that members of            Board of Directors and the Board of                                Corporate
             the Board of Directors and         Commissioners are required to undergo                              Governance, Sub-
             the Board of Commissioners         an adequate Orientation and Introduction                           Chapter Board of
             understand their roles             Program to understand their roles and                              Directors, page
             and responsibilities, the          responsibilities. Periodically, members                            703-762.
             characteristics and operations     of the Board of Directors and the
             of the corporation, relevant       Board of Commissioners participate in                              Chapter 7.
             laws and regulations,              relevant, adequate, and ongoing Training                           Corporate
             applicable standards, and          and/or     Competency        Development                           Governance, Sub-
             other obligations. The Board       programs. Additionally, members of                                 Chapter Board of
             of Directors, through the          the Board of Directors and the Board                               Commissioners,
             corporate secretary, supports      of Commissioners regularly receive                                 page 652-698.
             all members of the Board of        accurate, timely, and clear information
             Directors and the Board of         regarding the latest developments in
             Commissioners in updating          laws and regulations, relevant standards,
             and refreshing the skills and      applicable obligations, as well as risk
             knowledge necessary to             factors and the business environment.
             perform their roles on the
             Board.
2.           Principle 2:
             Composition and Remuneration of the Board of Directors and Board of Commissioners
2.1          Composition of the Board of Directors
2.1.1        In determining candidate           The Board of Commissioners in                                      Chapter 7.
             directors, the Board of            determining candidate directors does                               Corporate
             Commissioners through              not only rely on recommendations                                   Governance,
             the Nomination and                 from BNI’s internal organs, but also                               Sub-Chapter
             Remuneration Committee             considers the results of assessments                               Nomination and
             does not only rely on              from independent external parties. This                            Remuneration
             recommendations from the           step is taken to ensure that the process                           of Directors
             Board of Commissioners,            of selecting candidate directors is carried                        and Board of
             management or majority             out comprehensively and objectively, so                            Commissioners,
             shareholders. The Board of         that accountability is maintained.                                 Page 768-787.
             Commissioners through
             the Nomination and
             Remuneration Committee
             can use independent sources
             to determine qualified
             candidates.




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                                                                                                   with KNKG     Disclosure in Annual
      No.        KNKG Recommendation                      Implementation at BNI                 Recommendations      Report 2024
                                                                                                 Applied Not yet
   2.1.2      The Board of Commissioners         The Board of Commissioners ensures                               Chapter 3. Company
              ensures that the criteria for      that the composition of the Board of                             Profile Sub-Chapter
              selecting members of the           Directors reflects the diversity in terms of                     Profile of the Board
              Board of Directors include at      skills, skills, knowledge, experience, age,                      of Directors, Page
              least the knowledge, skills,       cultural background, and gender needed                           114-125.
              and expertise needed to            to carry out the duties of the Board of
              properly fulfill the role of the   Directors effectively. The number of                             Chapter 7. Corporate
              Board of Directors and pay         members of the Board of Directors is                             Governance,
              attention to the fulfillment       determined by considering the conditions                         Sub-Chapter
              of diversity in the Board of       of the Bank, in order to ensure a more                           Nomination and
              Directors.                         effective decision-making process. In this                       Remuneration of the
                                                 composition, there are Directors who                             Board of Directors
                                                 have experience in finance, banking, IT,                         and the Board of
                                                 or other expertise needed to serve as                            Commissioners, Page
                                                 members of the Board of Directors.                               768-787.

                                                                                                                  Chapter 7. Corporate
                                                                                                                  Governance, Sub-
                                                                                                                  Chapter Diversity
                                                                                                                  Policy of the Board
                                                                                                                  of Commissioners
                                                                                                                  and the Board of
                                                                                                                  Directors, Page 788-
                                                                                                                  789.
   2.1.3      The corporate policy on            Diversity in the composition of the Board                        Chapter 7. Corporate
              diversity in the Board of          of Directors and Board of Commissioners                          Governance, Sub-
              Directors and Board of             is guided by the Regulation of the                               Chapter Diversity
              Commissioners is disclosed         Minister of SOEs No. PER-3/MBU/03/2023                           Policy of the Board of
              in the Annual Report.              concerning      Organs    and     Human                          Commissioners and
                                                 Resources of State-Owned Enterprises,                            Board of Directors,
                                                 OJK Regulation No. 33/POJK.04/2014                               Page 788-789.
                                                 concerning the Board of Directors and
                                                 Board of Commissioners of Issuers or
                                                 Public Companies, and OJK Regulation
                                                 No. 17 of 2023 on the Implementation of
                                                 Governance for Commercial Banks.

                                                 The Diversity Policy of the Board of
                                                 Directors and Board of Commissioners is
                                                 disclosed in the 2024 Annual Report.
   2.1.4      The Board of Commissioners         The Board of Commissioners ensures                               Chapter 7. Corporate
              ensures that the policies          that the policies and procedures                                 Governance, Sub-
              and procedures for the             for the selection and nomination of                              Chapter Nomination
              selection and nomination           Commissioners are carried out clearly                            and Remuneration of
              of Commissioners are clear         and transparently. In the nomination                             Directors and Board
              and transparent so that they       process, the Board of Commissioners                              of Commissioners,
              can produce the desired            may use the services of independent                              Page 768-787.
              composition of the Board.          external consultants, and relevant
              The Board of Commissioners         information regarding such consultants is                        Chapter 7. Corporate
              uses independent sources           disclosed in the annual report, including                        Governance, Sub-
              to determine qualified             information regarding independence and                           Chapter Diversity
              candidates.                        potential conflicts of interest.                                 Policy of the Board of
                                                                                                                  Commissioners and
                                                                                                                  Board of Directors,
                                                                                                                  Page 788-789.
   2.1.5     The Board of Commissioners/       The Board of Commissioners through the                             Chapter 7. Corporate
             Committee carrying out the        Nomination and Remuneration Committee                              Governance, Sub-
             nomination function establishes is responsible for establishing nomination                           Chapter Nomination
             nomination procedures and         procedures and criteria that are guided by                         and Remuneration
             criteria that are consistent with applicable laws and regulations.                                   of the Board of
             the Board of Commissioners’                                                                          Directors and Board
             expertise matrix that has been                                                                       of Commissioners,
             approved by the Board of                                                                             Page 768-787.
             Commissioners and ensures
             that the candidate’s profile                                                                         Chapter 7. Corporate
             meets the requirements set                                                                           Governance, Sub-
             out in the expertise matrix and                                                                      Chapter Nomination
             nomination criteria.                                                                                 and Remuneration
                                                                                                                  Committee, Page
                                                                                                                  810-826.
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                                                                                              with KNKG     Disclosure in Annual
  No.        KNKG Recommendation                        Implementation at BNI              Recommendations      Report 2024
                                                                                            Applied Not yet
2.1.6    The composition of the Board of BNI ensures that the composition of the                              Chapter 3.
         Commissioners must be formed Board of Commissioners reflects the                                     Company Profile
         in such a way that its members diversity in terms of ability, expertise,                             Sub-Chapter Board
         as a group reflect the diversity knowledge, experience, age, cultural                                of Commissioners
         in terms of ability, expertise,  background, and gender needed to carry                              Profile, Page 100-
         knowledge, experience, age,      out the duties and functions of the Board                           111.
         cultural background, and         of Commissioners effectively.
         gender needed to properly                                                                            Chapter 7.
         fulfill the role of the Board of In the composition of the Board of                                  Corporate
         Commissioners.                   Commissioners, there are members                                    Governance, Sub-
                                          who have experience in the financial                                Chapter Board of
                                          and banking sectors. The number of                                  Commissioners
                                          members of the Board of Commissioners                               and Board of
                                          is determined in accordance with the                                Directors Diversity
                                          provisions of applicable regulations, and                           Policy, Page 788-
                                          takes into account the conditions of the                            789.
                                          Bank.

                                            Diversity in the composition of the Board of
                                            Directors and Board of Commissioners is
                                            guided by the Regulation of the Minister of
                                            SOEs No. PER-3/MBU/03/2023 concerning
                                            Organs and Human Resources of State-
                                            Owned Enterprises, OJK Regulation No.
                                            33/POJK.04/2014 concerning the Board of
                                            Directors and Board of Commissioners
                                            of Issuers or Public Companies, and OJK
                                            Regulation No. 17 of 2023 Implementation
                                            of Governance for Commercial Banks.
2.1.7    To enable the Board of             The       number         of    Independent                        Chapter 7.
         Commissioners to provide           Commissioners in the composition of                               Corporate
         independent advice and             the BNI Board of Commissioners has                                Governance,
         supervision to the Board           BNI has met the criteria required in POJK                         Sub-Chapter
         of Directors and for roles         No. 17 of 2023, which is a minimum                                Independent
         that have the potential for        of 50% of the total members of the                                Commissioners,
         conflict of interest, the Board    Board of Commissioners. The number                                Page 699-702.
         of Commissioners consists          of Independent Commissioners in BNI
         of a sufficient number of          has also met the minimum number of
         Independent Commissioners,         Independent Commissioners regulated
         with limited terms of office       in the ASEAN Corporate Governance
         and disclosure of the term         Scorecard which requires the number of
         of membership of the Board         Independent Commissioners to be 50%
         of Commissioners and their         (fifty percent) of the total members of the
         independence from a corporate      Board of Commissioners.
         perspective.
2.1.8     To facilitate the effective        The Nomination and Remuneration                                  Chapter 7.
          functioning of the Board           Committee is responsible for establishing                        Corporate
          of Directors and Board             nomination procedures and criteria                               Governance,
          of Commissioners and               that are guided by applicable laws and                           Sub-Chapter
          to enhance investor and            regulations.                                                     Nomination and
          stakeholder confidence,                                                                             Remuneration
          the Nomination and                                                                                  of the Board
          Remuneration Committee                                                                              of Directors
          ensures that there is a formal,                                                                     and Board of
          rigorous and transparent                                                                            Commissioners,
          process for the appointment                                                                         Page 768-787.
          and promotion of members
          of the Board of Directors and                                                                       Chapter 7.
          Board of Commissioners.                                                                             Corporate
                                                                                                              Governance,
                                                                                                              Sub-Chapter
                                                                                                              Nomination and
                                                                                                              Remuneration
                                                                                                              Committee, Page
                                                                                                              810-826.




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      No.        KNKG Recommendation                      Implementation at BNI                Recommendations      Report 2024
                                                                                                Applied Not yet
   2.2        Remuneration of the Board of Directors and Board of Commissioners
   2.2.1      The remuneration policy           BNI’s remuneration policy is prepared                             Chapter 7.
              for members of the Board          fairly and reasonably, both in structure                          Corporate
              of Directors consists of a        and amount, by considering the                                    Governance,
              remuneration structure            Bank’s values, internal provisions, and                           Sub-Chapter
              that is oriented towards          remaining competitive and in line with                            Nomination and
              sustainable corporate             stakeholder expectations and community                            Remuneration
              development and encourages        norms. This policy is applied to the Board                        of the Board
              the achievement of long-term      of Directors based on performance that                            of Directors
              goals. The remuneration           supports the achievement of BNI’s long-                           and Board of
              of the Board of Directors         term goals, with indicators such as stock                         Commissioners,
              must be proposed, possibly        ownership options, deferred bonuses,                              Page 768-787.
              through the Nomination and        and a policy of returning part or all of the
              Remuneration Committee, by        bonuses/incentives that have been paid                            Chapter 7.
              the Board of Commissioners        (clawback). Remuneration for the Board                            Corporate
              to be decided by the GMS.         of Commissioners is fixed, and if there                           Governance,
              The amount of remuneration        is performance-based remuneration,                                Sub-Chapter
              proposed to the GMS is            it must be based on the Bank’s long-                              Nomination and
              determined by considering         term development and is different from                            Remuneration
              the role of each member of        the policy for the Board of Directors.                            Committee, Page
              the Board of Directors and        Independent       Commissioners          are                      810-826.
              the economic situation and        prohibited from receiving stock options,
              corporate performance.            performance-based shares, or bonuses.
   2.2.2      The remuneration policy for
                                                The Nomination and Remuneration
              members of the Board of
                                                Committee is responsible for ensuring
              Commissioners consists of a
                                                that this policy is implemented fairly and
              remuneration structure that is
                                                transparently. The Committee provides
              oriented towards sustainable
                                                recommendations to the Board of
              corporate development and
                                                Commissioners regarding the structure,
              encourages the achievement
                                                policies, and amount of remuneration, in
              of long-term goals. The
                                                accordance with the Committee Charter
              amount of remuneration
                                                published on BNI’s official website. The
              proposed by the Board of
                                                Board of Directors only receives facilities
              Commissioners to the GMS
                                                that have been approved by the BNI
              is determined by considering
                                                General Meeting of Shareholders (GMS),
              the role of each member of
                                                with a remuneration structure that takes
              the Board of Commissioners
                                                into account the principle of prudence
              and the economic situation
                                                in taking risks to maintain business
              and corporate performance.
                                                continuity.
              In addition, their positions as
              President Commissioner and
                                                At the Annual GMS on March 4,
              chairman and membership
                                                2024, shareholders determined the
              in committees must also be
                                                remuneration,       including   salary/
              considered.
                                                honorarium, facilities, allowances for
   2.2.3      To ensure that the                2024, and bonuses for the Board of
              remuneration package is           Directors and Board of Commissioners
              determined based on the           for the 2023 Financial Year.
              achievements, qualifications
              and competencies of
              directors and commissioners
              by taking into account
              the corporate operational
              performance, individual
              performance and market
              conditions, the Nomination
              and Remuneration Committee
              ensures that there is a fair
              and transparent procedure for
              determining the remuneration
              policy for members of the
              Board of Directors and Board
              of Commissioners.




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                                                                                              Applied Not yet
3.           Principle 3:
             Employment Relationship between the Board of Directors and the Board of Commissioners
3.1          Nature of the Employment Relationship
3.1.1        There is an open discussion        The Board of Directors and the Board                             Chapter 7.
             between the Board of               of    Commissioners      work    together                        Corporate
             Directors and the Board            synergistically in formulating the Bank's                        Governance, Sub-
             of Commissioners as well           vision, mission, and strategy through                            Chapter Board of
             as between the members             various forums, such as the Board of                             Directors, Page
             of the Board of Directors          Commissioners Meeting with the Board                             703-762.
             and the members of the             of Directors, joint meetings, and other
             Board of Commissioners.            meetings. The members of the Board of                            Chapter 7.
             However, it is still important     Directors and the members of the Board                           Corporate
             to maintain the confidentiality    of Commissioners hold open discussions,                          Governance, Sub-
             of information to prevent          but it is still important to maintain the                        Chapter Board of
             leakage of confidential            confidentiality of information to prevent                        Commissioners,
             information.                       leakage of confidential data.                                    Page 652-698.
3.1.2        In accordance with their
                                                The Corporate Secretary, held by Okki                            Chapter 7.
             respective duties and roles,
                                                Rushartomo, plays a strategic role in                            Corporate
             the Board of Directors
                                                strengthening the working relationship                           Governance, Sub-
             works together with the
                                                between the Board of Directors and                               Chapter Corporate
             Board of Commissioners in
                                                the Board of Commissioners, as well                              Secretary, Page
             formulating the corporate
                                                as    encouraging     good    governance                         899-905.
             mission, vision and strategy
                                                practices, including maintaining effective
             and regularly discusses its
                                                communication with Shareholders and
             implementation.
                                                other stakeholders.
3.1.3        The Corporate Secretary
             has an important role in           In addition, the Corporate Secretary is
             supporting the effectiveness       also responsible for: a. Ensuring a smooth
             of the working relationship        flow of information between the Board of
             between the Board of               Commissioners, the Board of Directors,
             Directors and the Board of         and related committees; b. Monitoring the
             Commissioners, encouraging         development of governance, ensuring full
             the implementation of              implementation of the charter of the Board
             good corporate governance          of Commissioners, the Board of Directors,
             practices, including effective     and committees, and providing advice
             communication with                 to the Board of Directors and the Board
             shareholders and other             of Commissioners to meet stakeholder
             stakeholders.                      expectations; c. Managing meeting needs,
                                                including recording meeting minutes
                                                and ensuring effective communication
                                                between the Board of Directors and the
                                                Board of Commissioners, as well as
                                                accurately recording meeting discussions
                                                and decisions; d. Organizing orientation
                                                and professional development for new
                                                members of the Board of Directors, Board
                                                of Commissioners, and committees; e.
                                                Managing investor relations to maintain
                                                and improve communication with
                                                shareholders and investors, both local
                                                and international.




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                                                                                                 with KNKG     Disclosure in Annual
        No.      KNKG Recommendation                      Implementation at BNI               Recommendations      Report 2024
                                                                                               Applied Not yet
   3.2        Access to Board of Commissioners information
   3.2.1      The Board of Directors is         The Board of Directors ensures that                              Chapter 7.
              responsible for ensuring that     the Board of Commissioners has                                   Corporate
              the Board of Commissioners        access to accurate, relevant and timely                          Governance, Sub-
              has access to accurate,           information to support the effectiveness                         Chapter Board of
              relevant and timely               of the supervisory function. The Articles                        Directors, Page
              information. The Board            of Association and BNI’s internal                                703-762.
              of Commissioners itself           policies guarantee the availability of
              ensures that it obtains           this information and authorize the                               Chapter 7.
              adequate information.             Board of Commissioners to request                                Corporate
              The Board of Directors            additional information from the Board                            Governance, Sub-
              provides information to the       of Directors whenever necessary. The                             Chapter Board of
              Board of Commissioners            President Director, with the support of                          Commissioners,
              regularly, without delay and      the Corporate Secretary, proactively                             Page 652-698.
              comprehensively on all issues     informs the Board of Commissioners of
              relevant to the corporation.      any major material and important events                          Chapter 7.
              The Board of Commissioners        regarding the condition, performance and                         Corporate
              may request the Board             management of the Bank. If necessary, a                          Governance, Sub-
              of Directors to provide           Board of Commissioners meeting can be                            Chapter Corporate
              additional information at any     held immediately to discuss the current                          Secretary, Page
              time.                             condition of the Bank. Between these                             899-905.
                                                meetings, the Board of Commissioners
                                                also communicates regularly with the
                                                Board of Directors to always receive
                                                updates on corporate developments that
                                                require attention, so that it can carry out
                                                its supervisory duties more effectively.
   3.3        Responsibility of the Board of Directors and Board of Commissioners for the Impact of Ownership Structure on
              the Corporation
   3.3.1      Impact of ownership structure     The Board of Directors and the Board                             Chapter 7.
              on the corporation. The Board     of Commissioners have a thorough                                 Corporate
              of Directors and the Board        understanding of the Bank’s ownership                            Governance, Sub-
              of Commissioners consider         structure and shareholder relationships                          Chapter Board of
              their responsibilities in the     and their impact on operational control.                         Directors, Page
              context of the corporation’s      Both ensure that the shareholder structure                       703-762.
              shareholding structure and        and relationships do not interfere with
              shareholder relationships that    the implementation of their functions,                           Chapter 7.
              may impact the management         roles, and responsibilities in managing                          Corporate
              and operations of the             and supervising the Bank. The Board of                           Governance, Sub-
              corporation.                      Commissioners supervises, while the                              Chapter Board of
                                                Board of Directors ensures accurate                              Commissioners,
                                                disclosure of information in the event of                        Page 652-698.
                                                conditions that may impact the Bank’s
                                                control.
   4.         Principle 4:
              Ethical and Responsible Behavior
   4.1        Guidelines for Ethics and Behavior
   4.1.1      This statement is outlined        BNI has and implemented a Code of                                Chapter 7.
              in the Code of Conduct            Conduct that strictly regulates matters                          Corporate
              and Business Ethics which         related to value systems, business                               Governance, Sub-
              must clearly express the          ethics, work ethics, commitments, and                            Chapter Corporate
              corporation’s expectation         enforcement of company regulations in                            Code of Ethics,
              that each member of the           conducting business and other activities.                        Page 1044-1047.
              Board of Directors and            This guideline also clearly describes the
              Board of Commissioners and        rules of attitudes or interactions that
              employee will:                    are permitted or not permitted between
              a. Act in the best interests of   employees and customers and other
                  the corporation;              stakeholders.
              b. Act honestly and with high
                  standards of integrity;




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                                                                                            Applied Not yet
         c. Be independent and              The preparation of the BNI Code of Ethics
            act based on complete           is always based on principles that are
            information, in good faith,     in line with BNI’s vision, mission, and
            with due diligence and          core values while
                                                         ​​     still paying attention
            prudence;                       to internal provisions and applicable
         d. Comply with laws and            developments. The BNI Code of Ethics
            regulations applicable to       is prepared as a reference for all BNI Hi-
            the corporation and its         Movers in acting and making decisions so
            operations;                     that they always work professionally and
         e. Avoid actions that violate      based on the highest ethical standards.
            laws and regulations or
            actions that are unethical      The Code of Ethics is binding and must
            based on the corporate          be adhered to by all BNI employees,
            ethics guidelines;              both permanent and non-permanent, at
         f. Not engage or participate       all levels of the organization, including
            in any activity that would      the Board of Directors and the Board
            create a conflict of interest   of Commissioners. The commitment of
            with the best interests         all BNI Hi-Movers personnel to comply
            of the corporation or           with the Code of Ethics in every activity
            that would negatively           and implementation of daily tasks and
            impact the corporation’s        responsibilities is stated in the Integrity
            reputation;                     Pact which must be signed by every BNI
         g. Not take advantage of the       employee. With the written guidelines
            property or information         of the Code of Ethics, it is hoped that
            owned by the corporation,       every employee has the awareness to
            other asset ownership or        implement the highest ethical standards
            its customers for personal      so that later it can increase positive views
            gain or that causes losses      and strengthen the Bank’s reputation in
            to the corporation and its      the eyes of stakeholders.
            customers;
         h. Not take advantage of his
            position or opportunities
            generated by his position
            for personal gain;




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      No.        KNKG Recommendation                      Implementation at BNI               Recommendations      Report 2024
                                                                                               Applied Not yet
              i. Avoiding the act of
                 requesting or receiving
                 from third parties
                 payments, gratuities
                 or other benefits for
                 themselves or for others
                 that cause a conflict of
                 interest/provide benefits to
                 third parties in violation of
                 laws and regulations;
              j. Respecting differences
                 of opinion and the rights
                 of each member of the
                 Board of Directors, Board
                 of Commissioners, and
                 employees;
              k. Ensuring complete, fair,
                 accurate, timely and
                 understandable disclosure
                 in reports and documents
                 submitted by the
                 corporation to regulators
                 and in other public
                 communications.
   4.1.2      The Board of Directors             To prevent misuse of the banking                                 Chapter 7.
              establishes policies and           system by irresponsible parties as a                             Corporate
              practices for anti-money           means to commit money laundering and                             Governance, Sub-
              laundering and terrorism           terrorism financing, BNI always carries                          Chapter on Anti-
              financing, anti-bribery,           out banking operations by prioritizing                           Money Laundering,
              anti-corruption, anti-fraud,       the principle of prudence, where one of                          Countering the
              and involvement in politics        the efforts to implement this principle                          Financing of
              by referring to national or        is by implementing the Anti-Money                                Terrorism, and
              international standards            Laundering, Prevention of Terrorism                              Countering the
              regarding anti-money               Financing, and Prevention of Proliferation                       Financing of the
              laundering, anti-bribery, anti-    of Weapons of Mass Destruction (APU                              Proliferation of
              corruption, anti-fraud or other    PPT and PPPSPM) Program adequately.                              Weapons of Mass
              related standards.                                                                                  Destruction (APU
                                                 More than just carrying out obligations,                         PPT and PPPSPM)
                                                 the APU PPT and PPPSPM Programs                                  Programs, Page
                                                 implemented in BNI’s environment                                 1028-1032.
                                                 also demonstrate BNI’s firm stance as
                                                 a Financial Services Institution (LJK)
                                                 in building a healthy and sustainable
                                                 financial industry ecosystem that is free
                                                 from all forms of money laundering,
                                                 terrorism financing, and proliferation
                                                 financing. To prevent the practice of
                                                 Money Laundering (TPPU) and Terrorism
                                                 Financing (TPPT) which are categorized
                                                 as transnational crimes that require
                                                 extraordinary efforts in handling them,
                                                 BNI is very careful in measuring APU PPT
                                                 & PPPSPM risks at the customer level
                                                 (customer risk rating) and bank-wide
                                                 (Bank AML risk rating).




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                                                                                               with KNKG     Disclosure in Annual
  No.        KNKG Recommendation                        Implementation at BNI               Recommendations      Report 2024
                                                                                             Applied Not yet
                                             To ensure that business activities are free
                                             from corruption, bribery, and fraud, BNI
                                             has formed several organizations, such as
                                             the Gratification Control Unit (UPG), Anti-
                                             Fraud Unit, and Anti-Fraud Committee.
                                             In addition, BNI also implements strict
                                             policies and procedures to enforce the
                                             principles of anti-corruption, anti-bribery,
                                             and anti-fraud, including the signing of
                                             an integrity pact by employees, Directors,
                                             and Board of Commissioners every
                                             year, periodic Gratification and Anti-
                                             Bribery Declarations, and ISO 37001:2016
                                             Certification    on     the    Anti-Bribery
                                             Management System (SMAP).
4.2       Corporate Values ​​and Culture
4.2.1     The corporation articulates, BNI establishes the core values​​                                        Chapter 7.
          fosters    and      expresses “AKHLAK”—Trusted,                 Competent,                            Corporate
          corporate culture and values. Harmonious, Loyal, Adaptive, and                                        Governance, Sub-
                                        Collaborative—as a guideline for all BNI                                Chapter Corporate
                                        Hi-Movers in carrying out their daily                                   Code of Ethics,
                                        tasks. The implementation of AKHLAK is                                  in the discussion
                                        strengthened through the transformation                                 entitled Corporate
                                        of work culture and PRINCIPLE 46                                        Values ​​and Culture,
                                        which emphasizes integrity and good                                     Page 1047.
                                        governance. Some manifestations of
                                        this commitment include the signing of
                                        the Integrity Pact by all employees, the
                                        procurement of pacts in the work process,
                                        and the implementation of the prohibition
                                        of gratification. Efforts to internalize these
                                        values are
                                                 ​​   continuously carried out to
                                        ensure compliance with ethical standards
                                        and transparency.
4.3       Communication and Enforcement of Ethical Guidelines, Values ​​and Culture
4.3.1     The corporate code of              The Board of Directors consistently                                Chapter 7.
          conduct and code of ethics         internalizes the corporate culture to shape                        Corporate
          are effectively communicated       the attitude and character of each BNI                             Governance, Sub-
          to the Board of Directors,         Hi-Movers. This internalization process                            Chapter Corporate
          Board of Commissioners,            is integrated into the Bank’s operational                          Code of Ethics,
          and all employees, integrated      strategy, including the risk management                            Page 1044-1047.
          into corporate strategy and        system and remuneration structure built
          operations including the risk      with a prudent risk-taking approach. This
          management system and              step strengthens the values upheld
                                                                             ​​       by
          remuneration structure, and        BNI and supports employee development
          enforced.                          so that they can face challenges in a
                                             dynamic banking environment.




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                                                                                               with KNKG     Disclosure in Annual
        No.      KNKG Recommendation                      Implementation at BNI             Recommendations      Report 2024
                                                                                             Applied Not yet
   5.         Principle 5:
              Risk Management, Internal Control and Compliance
   5.1        Internal Control and Compliance
   5.1.1      The Board of Directors            The Board of Directors implements,                                 Chapter 7.
              conducts regular reviews          reviews, and updates the Bank’s                                    Corporate
              of the appropriateness of         governance, including risk management,                             Governance, Sub-
              the design and operational        internal control, and compliance. The                              Chapter Internal
              effectiveness of the              results of these activities are reported                           Control System,
              corporate governance, risk        in the Annual Report as a form of                                  Page 938-945.
              management, internal control      accountability to shareholders and
              and compliance systems and        stakeholders. Furthermore, this report
              reports the implementation        will be submitted at the General Meeting
              and results of the reviews        of Shareholders (GMS).
              to shareholders through the
              Corporation’s annual report.
   5.2        Risk Management
   5.2.1      Strategy and risk are             Strategic planning and risk management                             Chapter 7.
              one entity, expressed             at BNI are the joint responsibility                                Corporate
              transparently, included in the    of the Board of Directors and the                                  Governance,
              implementation of the duties      Board of Commissioners, expressed                                  Sub-Chapter Risk
              and responsibilities of the       transparently in accordance with their                             Management, Page
              Board of Directors and the        respective functions and roles. The risk                           946-970.
              Board of Commissioners, and       management system is an important
              in discussions at meetings of     agenda in meetings between the Board
              the Board of Commissioners        of Commissioners and the Board
              and the Board of Directors.       of Directors, ensuring effective and
                                                responsive strategy integration to market
                                                conditions.

                                                Meanwhile, the Risk Monitoring
                                                Committee, in accordance with the
                                                established Charter, has the task
                                                of providing recommendations to
                                                the Board of Commissioners. This
                                                committee is responsible for monitoring
                                                and evaluating the implementation
                                                of the duties of the risk management
                                                committee under the Board of Directors
                                                and related work units.
   5.2.2      The Risk Management               The Risk Monitoring Committee,                                     Chapter 7.
              Monitoring Committee assists      as an integral part of the Board of                                Corporate
              the Board of Commissioners        Commissioners, plays an important                                  Governance,
              in carrying out its duties        role in supervising corporate risk                                 Sub-Chapter Risk
              by creating a transparent,        management at BNI. With a transparent,                             Management
              focused, and independent          focused, and independent approach,                                 Monitoring
              mechanism for supervising         this committee carries out its duties in                           Committee, Page
              corporate risk management.        accordance with the guidelines in the                              826-839.
                                                Risk Monitoring Committee Charter.
                                                Through solid cooperation between
                                                the Board of Directors and the Board
                                                of Commissioners, this committee
                                                ensures that risk management
                                                practices are in line with the Bank’s
                                                transformation strategy, including in
                                                facing current economic dynamics. The
                                                committee is also active in providing
                                                recommendations and suggestions
                                                to strengthen risk governance, so that
                                                BNI can continue to grow healthily and
                                                sustainably in a competitive market.




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                                           2024          Report           Profile     Analysis on Company Performance      Functions



                                                                                               BNI Compliance
                                                                                                 with KNKG     Disclosure in Annual
     No.        KNKG Recommendation                        Implementation at BNI              Recommendations      Report 2024
                                                                                               Applied Not yet
5.3.         Integration of Governance, Risk Management and Compliance
5.3.1        The Board of Directors builds      BNI’s Board of Directors is committed                             Chapter 7.
             an integrated governance,          to strengthening the integration of                               Corporate
             risk management, and               governance, risk management, and                                  Governance, Sub-
             compliance (GRC) system,           compliance systems as a whole. This                               Chapter Integrated
             by handling various                effort aims to manage uncertainty                                 Risk Management
             uncertainties in an integrated     and business risks with an integrated                             Governance, Page
             manner and with high               approach, ensuring that the Bank                                  971-977.
             integrity, to ensure that the      remains on the right track in achieving its
             corporation can achieve its        strategic goals. One important step is to
             goals.                             ensure that the compliance function runs
                                                independently, without overlapping with
5.3.2        The Board of Directors
                                                other functions that have the potential to
             ensures that the part in
                                                create a conflict of interest. In addition,
             charge of the compliance
                                                coordination through the implementation
             function does not
                                                of the Governance, Risk and Compliance
             concurrently carry out
                                                (GRC) forum continues to be improved,
             functions that have the
                                                which includes governance, strategy
             potential to cause a conflict of
                                                management, performance, and internal
             interest.
                                                audit. This allows BNI to operate with
                                                high integrity and ensure decision-
                                                making that is in line with best practices
                                                in the banking industry.
5.4.         Internal Audit
5.4.1        The Board of Commissioners         The Board of Commissioners through                                Chapter 7.
             through the Audit Committee        the Audit Committee continues to                                  Corporate
             monitors and ensures that          monitor the implementation of BNI’s                               Governance,
             the internal audit function        internal audit function to be in line                             Sub-Chapter Audit
             helps the corporation achieve      with operational demands and current                              Committee, Page
             its objectives by bringing         developments. This monitoring is carried                          792-810.
             an objective and disciplined       out by ensuring that the audit is carried
             approach to evaluating and         out objectively, measurably, and oriented
             improving the effectiveness        towards achieving the Bank’s strategic
             of risk management, internal       objectives. This step is in line with BNI’s
             control, and corporate             efforts to strengthen the integrity and
             governance.                        effectiveness of internal control, as well
                                                as ensuring that risk management is
                                                carried out to the highest standards. Thus,
                                                the Board of Commissioners supports the
                                                achievement of optimal performance and
                                                compliance with applicable regulations in
                                                the banking sector
6.           Principle: 6
             Disclosure and Transparency
6.1.         Disclosure Policy
6.1.1        The corporation has                BNI has established policies and                                  Chapter 7.
             disclosure and transparency        procedures for the disclosure of material                         Corporate
             policies and procedures that       information and protection of corporate                           Governance,
             ensure disclosure of material      confidentiality, in order to guarantee                            Sub-Chapter
             information and safeguard          the rights of shareholders to obtain                              Transparency in
             sensitive and confidential         important information routinely and in a                          Report Submission,
             corporate information.             timely manner. The Corporate Secretary                            Page 1091.
                                                Division is responsible for managing
6.1.2        The right of shareholders to
                                                this disclosure in accordance with
             receive timely and regular
                                                the standards set out in the Company
             information about the
                                                Guidelines No. IN/511/REN/001, which
             corporation that is relevant
                                                came into effect on June 27, 2023.
             to the corporation must be
             respected.




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                                                                                              BNI Compliance
                                                                                                with KNKG     Disclosure in Annual
      No.        KNKG Recommendation                      Implementation at BNI              Recommendations      Report 2024
                                                                                              Applied Not yet
   6.2        Financial Reporting and Sustainability
   6.2.1      The Corporation discloses         BNI has an internal policy that regulates                        Chapter 7.
              the systems and procedures        the review of financial information to be                        Corporate
              to ensure that interim            published, such as financial statements,                         Governance,
              financial statements that         projections, and other related reports.                          Sub-Chapter Audit
              are not audited or reviewed       This review is conducted by the Audit                            Committee, Page
              by external auditors are          Committee to ensure accuracy and                                 792-810.
              materially accurate, complete,    compliance with applicable regulations.
              and provide investors with        The Audit Committee also evaluates the                           Chapter 7.
              appropriate information to        provision of audit services for annual                           Corporate
              make informed investment          historical financial information by Public                       Governance,
              decisions.                        Accountants or Public Accounting Firms.                          Sub-Chapter
                                                                                                                 Transparency of
                                                The BNI Sustainability Report published                          Report Submission,
                                                on the official website is prepared                              Page 1091.
                                                based on accurate data disclosure
                                                and in accordance with domestic and
                                                international regulations and best
                                                practices. This Annual Report provides an
                                                overview of BNI’s historical performance
                                                in the context of risks, opportunities,
                                                and future prospects, thereby helping
                                                shareholders       and       stakeholders
                                                understand the Bank’s strategic objectives
                                                and the progress achieved in creating
                                                sustainable value
   6.2.2      The Audit Committee               The 2024 BNI Sustainability Report is
              ensures the quality of the        published in a separate book but is
              financial statement audits        integrated with the 2024 BNI Annual
              performed by external             Report.
              auditors. This activity
              includes recommending the
              appointment, reappointment
              and, if necessary, the
              dismissal and remuneration
              of external auditors.
   6.2.3      Sustainability reports
              must be prepared and
              disclosed accurately and in
              accordance with a national
              or international sustainability
              reporting framework.
   6.2.4      The Corporation publish
              an integrated annual
              report that places historical
              performance in context and
              describes the corporation’s
              risks, opportunities
              and future prospects,
              helping shareholders and
              stakeholders understand
              the corporation’s strategic
              objectives and its progress in
              creating sustainable value.




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                                                                                              BNI Compliance
                                                                                                with KNKG     Disclosure in Annual
     No.        KNKG Recommendation                        Implementation at BNI             Recommendations      Report 2024
                                                                                              Applied Not yet
6.3          Dissemination of Information
6.3.1        Information dissemination          BNI utilizes information technology                              Chapter 7.
             channels must provide              effectively to ensure broad and secure                           Corporate
             equal, timely, and relatively      information disclosure. In addition to                           Governance,
             inexpensive access to              the official website, BNI uses various                           Sub-Chapter
             relevant information for           other platforms, such as social media (X,                        Transparency of
             users.                             Facebook, YouTube, Instagram, TikTok),                           Report Submission,
                                                print media, and electronic media to                             Page 1091.
6.3.2        Corporations ensure that
                                                provide equal, timely, and relevant access
             annual statements on
                                                to information for shareholders and other                        Chapter 7.
             the implementation of
                                                stakeholders. Information can also be                            Corporate
             the General Guidelines
                                                accessed through the GMS (General                                Governance,
             for Indonesian Corporate
                                                Meeting of Shareholders), BNI’s official                         Sub-Chapter
             Governance, including
                                                website, and the IDX and KSEI platforms,                         Implementation of
             explanations on the
                                                thus facilitating communication with                             General Guidelines
             implementation of each
                                                investors.                                                       for Indonesian
             Recommendation and
                                                                                                                 Corporate
             Guideline, are available on
                                                As part of efforts to maintain transparent                       Governance
             the website for a minimum
                                                communication, BNI regularly holds                               (PUGKI),
             period of five years.
                                                meetings with financial analysts. These                          Page 1111-1137.
6.3.3        For corporations listed on the     meetings are intended to provide updates
             capital market in jurisdictions    on the Bank’s performance, prospects,
             other than the home                and policy direction.
             jurisdiction, the applicable
             laws and regulations on            This BNI 2024 Annual Report has
             corporate governance must          detailed the implementation of laws
             be clearly disclosed. In the       and regulations or generally applicable
             case of cross-listing, the         governance guidelines, namely the Asean
             criteria and procedures for        Corporate Governance Scorecard (ACGS)
             cross-listing, the criteria and    and the General Guidelines for Indonesian
             procedures for recognizing         Corporate Governance (PUGKI) in the
             listing requirements for           Bank’s operational activities during 2024.
             the primary listing must be
             transparent and documented.
7.           Principle 7:
             Protection of Shareholder Rights
7.1          Shareholder Rights
7.1.1        The corporation has a              BNI has a communication policy                                   Transparency of
             communication policy that          that   encourages     shareholder    and                         Report Submission,
             facilitates and encourages         investor participation, in accordance                            Page 1091.
             shareholder or investor            with Company Guidelines No. IN/794/                              Chapter 7.
             participation.                     KMP/001 dated December 23, 2014,                                 Corporate
                                                Investor Relations Activity Guidelines                           Governance,
7.1.2        The corporation that is the
                                                No. IN/41/KMP/001 dated January 26,                              Sub-Chapter on
             parent entity ensures that
                                                2015, Company Guidelines No. IN/511/                             Implementation
             its corporate governance
                                                REN/001 dated June 27, 2023, and                                 of the Indonesian
             policies apply to subsidiaries
                                                Company Guidelines No. IN/001/IRN/001                            General Guidelines
             and entities under common
                                                dated October 3, 2024. This policy aims                          for Corporate
             control in which the
                                                to ensure that shareholders and investors                        Governance
             corporation has significant
                                                have access to relevant and accurate                             (PUGKI), Pages
             investments.
                                                information regarding BNI’s performance                          1111-1137.
7.1.3        The corporation has rules          and policies.
             and procedures governing
             acquisitions, takeovers, and       As the main entity, BNI also ensures
             extraordinary transactions         that corporate governance policies are
             such as mergers and sales          implemented comprehensively in the
             of substantial corporate           BNI financial conglomerate, creating
             assets to ensure that              alignment in governance practices across
             the transactions occur             all business units.
             transparently and on fair
             terms and protect the rights
             of all shareholders according
             to their class.




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                                                                                                BNI Compliance
                                                                                                  with KNKG     Disclosure in Annual
      No.        KNKG Recommendation                        Implementation at BNI              Recommendations      Report 2024
                                                                                                Applied Not yet
   7.2        Fair Treatment of Shareholders
   7.2.1      The Corporation has rules           All shareholders, whether minority or                            Chapter 7.
              and procedures that ensure:         majority, domestic or non-domestic, are                          Corporate
              a. All shareholders of the          treated equally by the Bank. Information                         Governance,
                 same series in one class         relevant to shareholders is published                            Sub-Chapter
                 of shares must be treated        through easily accessible media, such as                         General Meeting
                 equally,                         the Bank’s website, IDX, and KSEI, in both                       of Shareholders,
              b. Disclosure of such               Indonesian and English.                                          in the discussion
                 rules and procedures                                                                              entitled General
                 and disclosure of                                                                                 Rights of
                 capital structures and                                                                            Shareholders,
                 arrangements that allow                                                                           Page 631, and the
                 certain shareholders to                                                                           discussion entitled
                 obtain influence or control                                                                       Fair Treatment of
                 disproportionate to their                                                                         Shareholders, Page
                 shareholdings.                                                                                    631.
   7.2.2      The Corporation has rules           The Bank ensures that related party                              Chapter 4.
              and procedures that ensure          transactions are conducted in accordance                         Management
              related party transactions are      with applicable laws and regulations, and                        Analysis and
              approved and implemented            that conflicts of interest are managed                           Discussion of
              in a manner that ensures            appropriately to protect the interests of                        Bank Performance,
              that conflicts of interest are      the Bank and its shareholders.                                   Sub-Chapter
              managed appropriately,                                                                               Information
              and protect the interests                                                                            on Material
              of the corporation and its                                                                           Transactions
              shareholders.                                                                                        Containing
                                                                                                                   Conflicts of Interest
                                                                                                                   and/or Affiliated
                                                                                                                   Transactions with
                                                                                                                   Affiliated Parties/
                                                                                                                   Related Parties,
                                                                                                                   Page 387-396.
   7.2.3      The Corporation has                 The Bank has established a policy to                             Chapter 7.
              and discloses a policy to           prevent insider trading through the                              Corporate
              prevent insider trading. The        Company’s Guidelines on Prohibited and                           Governance, Sub-
              Corporation has clear rules         Non-Prohibited Securities Transactions                           Chapter Insider
              regarding any trading in            for Insiders, in accordance with No.                             Trading and
              the corporation’s shares by         IN/500/KMP/001 dated September 23,                               Conflict of Interest
              directors, commissioners and        2019.                                                            Policy, Page 1059-
              insiders to ensure that no                                                                           1060.
              one can directly or indirectly
              benefit from information that
              is not/not yet available in the
              market.




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                                                                                           BNI Compliance
                                                                                             with KNKG     Disclosure in Annual
  No.        KNKG Recommendation                        Implementation at BNI             Recommendations      Report 2024
                                                                                           Applied Not yet
7.3       General Meeting of Shareholders
7.3.1     The corporation issues a           On February 7, 2024, BNI has issued                              Chapter 7.
          GMS invitation with the            a summons for BNI Shareholders to                                Corporate
          agenda and materials of the        attend the Annual General Meeting of                             Governance,
          GMS as complete and as             Shareholders for the 2023 Fiscal Year                            Sub-Chapter
          early as possible (no later        which will be held on Monday, March 4,                           General Meeting of
          than 28 days before the            2024 at 14.00 WIB until finished.                                Shareholders, Page
          GMS) to provide sufficient                                                                          1059-1060.
          time and materials for             The GMS summons letter includes the
          shareholders to study the          GMS agenda and has been published on
          meeting agenda properly.           the BNI, BEI, and KSEI websites.
          The meeting invitation and
          all GMS information are            The GMS summons has also been
          disclosed through electronic       reported to the OJK and BEI.
          means such as through the
          corporation’s website.
7.3.2     The corporation has                BNI has rules and procedures that                                Chapter 7.
          and discloses rules and            facilitate shareholders in participating                         Corporate
          procedures that facilitate         and voting effectively at the GMS.                               Governance,
          shareholders in participating                                                                       Sub-Chapter
          and voting effectively at the      In organizing the 2024 GMS, BNI has                              General Meeting of
          GMS.                               published the Meeting Rules of Procedure                         Shareholders, Page
                                             which include information related to                             630-651.
                                             facilities for shareholders to participate
                                             and vote effectively at the GMS.
7.3.3     Shareholders participate           At the 2024 GMS, Shareholders are given                          Chapter 7.
          effectively in determining the     the opportunity to ask questions and/                            Corporate
          appointment of members of          or provide responses, and to voice their                         Governance,
          the Board of Directors and         opinions in the discussion of the Agenda                         Sub-Chapter
          Board of Commissioners.            for Changes in the Composition of the                            General Meeting of
                                             Company’s Management.                                            Shareholders, Page
                                                                                                              630-651.
7.3.4     The corporation ensures            At the GMS held in 2024, in the Agenda                           Chapter 7.
          transparency and                   for Determination of Public Accounting                           Corporate
          accountability of external         Firms (KAP) and/or Public Accountants                            Governance,
          auditors at the GMS.               (AP), BNI has provided an explanation                            Sub-Chapter
                                             regarding the KAP and/or AP proposed in                          General Meeting of
                                             the Meeting.                                                     Shareholders, Page
                                                                                                              630-651.
7.3.5     The complete voting results        The voting results and summary of the                            Chapter 7.
          and summary of the minutes         minutes of the GMS were announced to                             Corporate
          of the GMS were announced          the public on the following business day.                        Governance,
          to the public on the following                                                                      Sub-Chapter
          business day.                      The Summary of the Minutes of the                                General Meeting of
                                             Meeting has been reported to the                                 Shareholders, Page
                                             regulators, namely the OJK and BEI. The                          630-651.
                                             Summary of the Minutes of the Meeting
                                             has also been published on the regulator’s
                                             website and BNI.




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                                                                                                 BNI Compliance
                                                                                                   with KNKG     Disclosure in Annual
        No.      KNKG Recommendation                        Implementation at BNI               Recommendations      Report 2024
                                                                                                 Applied Not yet
   8.         Principle 8:
              Other Stakeholders
   8.1        Key Stakeholder Engagement
   8.1.1      The Corporation through the         The    BNI     Corporate   Secretary     is                      Chapter 7.
              Corporate Secretary carries         responsible for carrying out regular,                            Corporate
              out regular, transparent and        transparent and effective communication                          Governance, Sub-
              effective communication with        with key stakeholders, and ensuring                              Chapter Corporate
              key stakeholders and involves       stakeholder     involvement    in     BNI’s                      Secretary, Page
              them to understand their            business development. In addition, the                           899-905.
              expectations and complaints         Corporate Secretary seeks to understand
              and the impact of the               stakeholder expectations and complaints,
              corporation on them.                by considering the impact of the Bank’s
                                                  strategic decisions on these parties.
   8.2        Integrating Sustainability into Business Models
   8.2.1      The Board of Commissioners          The Board of Commissioners and                                   BNI Annual Report
              together with the Board of          the Board of Directors of BNI have a                             2024, Chapter
              Directors are responsible,          joint responsibility to ensure good                              7. Corporate
              accountable and transparent         sustainability governance, with the                              Governance.
              for sustainability governance,      principles     of    accountability    and
              including setting corporate         transparency. This responsibility includes                       BNI Sustainability
              sustainability strategies,          setting strategies, determining priorities                       Report 2024
              priorities and targets. The         and achieving sustainability targets
              Board of Directors and the          that are in line with the Bank’s vision. In
              Board of Commissioners              carrying out their duties, the Board of
              include sustainability              Commissioners and the Board of Directors
              considerations when                 always consider sustainability aspects
              carrying out their roles,           in every operational aspect, including
              including among others              the development and implementation of
              in the development and              business strategies, long-term planning,
              implementation of corporate         implementation of main action plans, and
              strategies, business plans,         risk management to support the Bank’s
              main action plans and risk          overall sustainability.
              management.
   8.3        Protection of Stakeholders
   8.3.1      The Board of Directors              The Board of Directors ensures                                   Chapter 7.
              ensures and discloses that          that all BNI operations reflect the                              Corporate
              the corporation’s operations        implementation of high ethical standards,                        Governance, Sub-
              reflect the implementation          social responsibility, and compliance with                       chapter Code of
              of high ethical standards,          environmental principles throughout the                          Ethics, Page 1044-
              social and environmental            Bank. The Board of Directors also ensures                        1047.
              responsibility throughout           that appropriate policies and procedures
              the corporation and ensures         are implemented to respect and comply                            Chapter 8.
              that appropriate policies and       with stakeholder rights.                                         Corporate Social
              procedures are implemented                                                                           and Environmental
              to respect and comply with          In addition, the Board of Directors                              Responsibility,
              stakeholder rights.                 consistently conveys BNI’s vision that                           Page 1154-1169.
                                                  focuses on sustainable performance to
   8.3.2      The Board of Directors
                                                  employees, to ensure understanding and
              encourages employees
                                                  implementation that is in line with the
              to work for the long-term
                                                  Bank’s sustainability goals.
              interests of the corporation
              and prioritize sustainability.




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Implementation of the
ASEAN Corporate Governance
Scorecard                            [ACGS C.2.6]




The ASEAN Corporate Governance Scorecard (ACGS) assessment is an initiative of the ASEAN Capital Market
Forum (ACMF) aimed at enhancing corporate governance standards and practices among publicly listed
companies in ASEAN. This initiative seeks to improve the global investability of ASEAN-listed companies
with strong corporate governance and to showcase to the global community that ACGS-participating
companies are attractive investment destinations.

In 2024, BNI conducted an assessment of its Good Corporate Governance (GCG) implementation using
the 2024 ASEAN Corporate Governance Scorecard (ACGS) parameters, 2nd revision. As a result, BNI
achieved the “Leadership in Corporate Governance” status with a score of 115.56, an improvement from the
previous year’s score of 108.39. This assessment was conducted by an independent party and was based
on BNI’s publicly available disclosures, ensuring transparency for all stakeholders in accordance with ACGS
parameters. The availability of information based on these parameters is outlined as follows:

LEVEL 1

A. Rights and Equitable Treatment of Shareholders
 No.                                    Principles and Recommendations                                                    Page
 A.1     Basic Shareholder Rights
 A.1.1   Does the company pay (interim and final/annual) dividends in an equitable and timely manner;                374, 640, 643
         that is, all shareholders are treated equally and paid within 30 days after being (i) declared for     https://www.bni.co.id/
         interim dividends and (ii) approved by shareholders at general meetings for final dividends?         Portals/1/BNI/Perusahaan/
         In case the company has offered Scrip dividend, did the company paid the dividend within 60             Docs/Pengumuman-
         days.                                                                                                 Risalah-RUPS-Tahunan-
                                                                                                              Tahun-Buku-2023-EN.pdf
                                                                                                                        page 13
 A.2     Right to participate effectively in and vote in general shareholder meetings and should be
         informed of the rules, including voting procedures, that govern general shareholder
         meetings.
 A.2.1   Do shareholders have the opportunity, evidenced by an agenda item, to approve remuneration                       631
         (fees, allowances, benefit-in-kind and other emoluments) or any increases in remuneration for          https://www.bni.co.id/
         the non-executive directors/commissioners?                                                           Portals/1/BNI/Perusahaan/
                                                                                                              Docs/Berita-Acara-RUPS-
                                                                                                               Tahunan-Tahun-2023-4-
                                                                                                                 Maret-2024-EN.pdf
                                                                                                                        page 93
 A.2.2   Does the company provide non-controlling shareholders a right to nominate candidates for                         631
         board of directors/commissioners?
 A.2.3   Does the company allow shareholders to elect directors/commissioners individually?                             642, 656
                                                                                                                https://www.bni.co.id/
                                                                                                              Portals/1/BNI/Perusahaan/
                                                                                                              Docs/Berita-Acara-RUPS-
                                                                                                               Tahunan-Tahun-2023-4-
                                                                                                               Maret-2024-EN.pdf page
                                                                                                                        116-117
 A.2.4   Does the company disclose the voting procedures used before the start of meeting?                                634
 A.2.5   Do the minutes of the most recent AGM record that the shareholders were given the                          634, 639-642
         opportunity to ask questions and the questions raised by shareholders and answers given
         recorded?
 A.2.6   Does the company disclose the voting results including approving, dissenting, and abstaining                    639-642
         votes for all resolutions/each agenda item for the most recent AGM?
 A.2.7   Does the company disclose the list of board members who attended the most recent AGM?                            637
 A.2.8   Does the company disclose that all board members and the CEO (if he is not a board member)                       637
         attended the most recent AGM?
 A.2.9   Does the company allow voting in absentia?                                                                       636
A.2.10 Did the company vote by poll (as opposed to by show of hands) for all resolutions at the most                      636
       recent AGM?




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         Practices           Governance            Responsibility         Commitment       Statements



    No.                                      Principles and Recommendations                                                 Page
   A.2.11 Does the company disclose that it has appointed an independent party (scrutineers/inspectors)                      637
          to count and/or validate the votes at the AGM?
   A.2.12 Does the company make publicly available by the next working day the result of the votes                            638
          taken during the most recent AGM/EGM for all resolutions?                                                 https://www.bni.co.id/
                                                                                                                  Portals/1/BNI/Perusahaan/
                                                                                                                     Docs/Pengumuman-
                                                                                                                   Risalah-RUPS-Tahunan-
                                                                                                                 Tahun-Buku-2023-(Inggris).
                                                                                                                             pdf
                                                                                                                      Halaman 1 dan 14
   A.2.13 Does the company provide at least 21 days notice for all AGMs and EGMs?                                          633, 638
                                                                                                                   https://www.bni.co.id/
                                                                                                                  portals/1/bni/perusahaan/
                                                                                                                  docs/Pemanggilan-RUPS-
                                                                                                                 Tahunan-Tahun-Buku-2023-
                                                                                                                           ENG.pdf
                                                                                                                      Halaman 1 dan 4
   A.2.14 Does the company provide the rationale and explanation for each agenda item which require                          633
          shareholders’ approval in the notice of AGM/circulars and/or the accompanying statement?                  https://www.bni.co.id/
                                                                                                                  Portals/1/BNI/Perusahaan/
                                                                                                                  Docs/Pemanggilan-RUPS-
                                                                                                                 Tahunan-Tahun-Buku-2023-
                                                                                                                            ID.pdf
   A.2.15 Does the company give the opportunity for shareholders to place item/s on the agenda of                            633
          general meetings and/or to request for general meetings subject to a certain percentage?
    A.3   Markets for corporate control should be allowed to function in an efficient and transparent
          manner.
    A.3.1   In cases of mergers, acquisitions and/or takeovers requiring shareholders’ approval, does the                 386, 387
            board of directors/commissioners of the company appoint an independent party to evaluate
            the fairness of the transaction price?
     A.4    The exercise of ownership rights by all shareholders, including institutional investors, should
            be facilitated.
    A.4.1   Does the company disclose its practices to encourage shareholders to engage with the                             907
            company beyond general meetings?
     A.5    Shares and voting rights
    A.5.1   Where the company has more than one class of shares, does the company publicise the voting                      631
            rights attached to each class of shares (e.g. through the company website / reports/ the stock         https://www.bni.co.id/
            exchange/ the regulator’s website)?                                                                  Portals/1/BNI/Perusahaan/
                                                                                                                   TataKelola/Docs/GCG/
                                                                                                                 Anggaran-Dasar-PT-Bank-
                                                                                                                Negara-Indonesia-(Persero)-
                                                                                                                  Tbk.pdf halaman 22-23
     A.6    Notice of AGM
    A.6.1   Does each of the resolutions tabled at the most recent annual general meeting deal with only                635, 639-643
            one item, i.e., there is no bundling of several items into the same resolution?
    A.6.2   Are the company’s notice of the most recent AGM/ circulars fully translated into English and                      633
            published on the same date as the local-language version?                                               https://www.bni.co.id/
                                                                                                                  portals/1/bni/perusahaan/
                                                                                                                  docs/Pemanggilan-RUPS-
                                                                                                                 Tahunan-Tahun-Buku-2023-
                                                                                                                           ENG.pdf,
                                                                                                                    https://www.bni.co.id/
                                                                                                                  Portals/1/BNI/Perusahaan/
                                                                                                                  Docs/Pemanggilan-RUPS-
                                                                                                                 Tahunan-Tahun-Buku-2023-
                                                                                                                             ID.pdf
            Does the notice of AGM/circulars have the following details:
    A.6.3   Are the profiles of directors/commissioners ( at least age, academic qualification, date of first                633
            appointment, experience, and directorships in other listed companies) in seeking election/re-
            election included?
    A.6.4   Are the auditors seeking appointment/re-appointment clearly identified?                                         641
                                                                                                                   https://www.bni.co.id/
                                                                                                                 Portals/1/BNI/Perusahaan/
                                                                                                                 Docs/Materi_Pemanggilan_
                                                                                                                  RUPS_Tahunan_TB2023_
                                                                                                                   EN_V6.pdf Halaman 6.
    A.6.5   Were the proxy documents made easily available?                                                        https://www.bni.co.id/
                                                                                                                 Portals/1/BNI/Perusahaan/
                                                                                                                 Docs/Surat-Kuasa-RUPS-
                                                                                                                   Tahunan-TB-2023.pdf




                                                                                                                 2024 Annual Report
                                                                                               PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                        1139
Page 539
                                        Performa      Management          Company         Management Discussion and          Business Support
                                          2024          Report             Profile      Analysis on Company Performance         Functions



 No.                                    Principles and Recommendations                                                      Page
 A.7     Insider trading and abusive self-dealing should be prohibited.
 A.7.1   Are the directors / commissioners required to report their dealings in company shares within 3
                                                                                                                            1070
         business days?
 A.8     Related party transactions by directors and key executives.
 A.8.1   Does the company have a policy requiring a committee of independent directors/                             387-388, 1049
         commissioners to review material RPTs to determine whether they are in the best interests of
         the company and shareholders?
 A.8.2   Does the company have a policy requiring board members (directors/commissioners) to                       663-664, 727-728
         abstain from participating in the board discussion on a particular agenda when they are
         conflicted?
 A.8.3   Does the company have policies on loans to directors and commissioners either forbidding this                    664, 728
         practice or ensuring that they are being conducted at arm’s length basis and at market rates?
 A.9     Protecting minority shareholders from abusive actions
 A.9.1   Does the company disclose that RPTs are conducted in such a way to ensure that they are fair                     387-388
         and at arms’ length?
 A.9.2   In case of related party transactions requiring shareholders’ approval, is the decision made by                    387
         disinterested shareholders?



B. Sustainability and Resilience
 No.                                    Principles and Recommendations                                                      Page
 B.1     Sustainability-related disclosure should be consistent, comparable and reliable, and include
         retrospective and forward-looking material information that a reasonable investor would
         consider important in making an investment or voting decision
Material Sustainability-related information should be specified
 B.1.1   Does the company identify/report ESG topics that are material to the organization’s strategy?           Sustainability Report
                                                                                                                       page 27
 B.1.2   Does the company identify climate change as an issue?                                                   Sustainability Report
                                                                                                                       page 39
 B.1.3   Does the company adopt an internationally recognized reporting framework or standard for                Sustainability Report
         sustainability (i.e. GRI, Integrated Reporting, SASB, IFRS Sustainability Disclosure Standards)?              page 24
If a company publicly sets a sustainability-related goal or target, the disclosure framework should provide that reliable metrics are
regularly disclosed in an easily accessible form
 B.1.4   Does the company disclose quantitative sustainability target?                                         Sustainability Report page
                                                                                                                       33, 17-19
 B.1.5   Does the company disclose sustainability-related performance progress in relation to its                Sustainability Report
         previously set targets?                                                                                       page 33
 B.1.6   Does the company confirm that its Sustainability Report/ Reporting is reviewed and /or                Sustainability Report page
         approved by the Board or Board Committee?                                                                    25, 154-155
 B.2     Corporate governance frameworks should allow for dialogue between a company, its
         shareholders and stakeholders to exchange views on sustainability matters
 B.2.1   Does the company engage internal stakeholders to exchange views and gather feedback on                Sustainability Report page
         sustainability matters that are material to the business of the company?                                     26, 147-148
 B.2.2   Does the company engage external stakeholders to exchange views and gather feedback on                Sustainability Report page
         sustainability matters that are material to the business of the company?                                     26, 147-149
 B.3     The corporate governance framework should ensure that boards adequately consider
         material sustainability risks and opportunities when fulfilling their key functions in reviewing,
         monitoring and guiding governance practices, disclosure, strategy, risk management and
         internal control systems, including with respect to climate-related physical and transition risks
Boards should assess whether the company’s capital structure is compatible with its strategic goals and
its associated risk appetite to ensure it is resilient to different scenarios
 B.3.1   Does the company disclose that the board reviews on an annual basis that the company’s                           352, 865
         capital and debt structure is compatible with its strategic goals and its associated risk appetite?
 B.4     The corporate governance framework should recognise the rights of stakeholders established
         by law or through mutual agreements and encourage active co- operation between
         corporations and stakeholders in creating wealth, jobs, and the sustainability of financially
         sound enterprises.
         Does the company disclose a policy and practices that address:
 B.4.1   The existence and scope of the company’s efforts to address customers’ welfare?                                  233, 456
 B.4.2   Supplier/contractor selection procedures?                                                                        1039-1040




1140     Transforming the Future, Empowering Indonesia
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Capital & Risk Management   Good Corporate     Social & Environmental       ESG            Financial
         Practices           Governance            Responsibility        Commitment       Statements



    No.                                      Principles and Recommendations                                                  Page
    B.4.3   The company’s efforts to ensure that its value chain is environmentally friendly or is consistent        5, 1160, Sustainability
            with promoting sustainable development?                                                                     Report page 132
    B.4.4   The company’s efforts to interact with the communities in which they operate?                         1164, Sustainability Report
                                                                                                                          page 103
    B.4.5   The company’s anti-corruption programmes and procedures?                                               1033, 1044, Sustainability
                                                                                                                       Report page 143
    B.4.6   How creditors’ rights are safeguarded?                                                                           1053
    B.4.7   Does the company have a separate report/section that discusses its efforts on environment/                        1053
            economy and social issues?
     B.5    Where stakeholder interests are protected by law, stakeholders should have the opportunity to
            obtain effective redress for violation of their rights.
    B.5.1   Does the company provide contact details via the company’s website or Annual Report which                       80, 205
            stakeholders (e.g. customers, suppliers, general public etc.) can use to voice their concerns and/      https://www.bni.co.id/
            or complaints for possible violation of their rights?                                                 en-us/company/corporate-
                                                                                                                     governance/whistle-
                                                                                                                       blowing-system
     B.6    Mechanisms for employee participation should be allowed to be developed.
    B.6.1   Does the company explicitly disclose the policies and practices on health, safety and welfare for       424, 426, Sustainability
            its employees?                                                                                             Report page 128
    B.6.2   Does the company explicitly disclose the policies and practices on training and development                       161
            programmes for its employees?
    B.6.3   Does the company have a reward/compensation policy that accounts for the performance of the                     424, 430
            company beyond short-term financial measures?
     B.7    Stakeholders including individual employee and their representative bodies, should be able to
            freely communicate their concerns about illegal or unethical practices to
            the board and their rights should not be compromised for doing this.
    B.7.1   Does the company have a whistle blowing policy which includes procedures for complaints                       1080-1081
            by employees and other stakeholders concerning alleged illegal and unethical behaviour and              https://www.bni.co.id/
            provide contact details via the company’s website or annual report                                    en-us/company/corporate-
                                                                                                                     governance/whistle-
                                                                                                                       blowing-system
    B.7.2   Does the company have a policy or procedures to protect an employee/person who reveals                         1081-1082
            alleged illegal/unethical behaviour from retaliation?



  C. Disclosure and Transparency
    No.                                      Principles and Recommendations                                                  Page
     C.1    Transparent ownership structure
    C.1.1   Does the information on shareholdings reveal the identity of beneficial owners, holding 5%                      171
            shareholding or more?
    C.1.2   Does the company disclose the direct and indirect (deemed) shareholdings of major and/or                      168-171
            substantial shareholders?
    C.1.3   Does the company disclose the direct and indirect (deemed) shareholdings of directors                           172
            (commissioners)?
    C.1.4   Does the company disclose the direct and indirect (deemed) shareholdings of senior                              174
            management?
    C.1.5   Does the company disclose details of the parent/ holding company, subsidiaries, associates,                   176, 177
            joint ventures and special purpose enterprises/ vehicles (SPEs)/ (SPVs)?
     C.2    Annual Report Quality
            Does the company’s annual report disclose the following items:
    C.2.1   Corporate objectives                                                                                            226
    C.2.2   Financial performance indicators                                                                               22-30
    C.2.3   Non-financial performance indicators                                                                            1172
    C.2.4   Dividend policy                                                                                                 373
    C.2.5   Biographical details (at least age, academic qualifications, date of first appointment, relevant              100-125
            experience, and any other directorships of listed companies) of all directors/commissioners
            Corporate Governance Confirmation Statement
    C.2.6   Does the Annual Report contain a statement confirming the company’s full compliance with             938, 971, 1091, 1094, 1095,
            thecode of corporate governance and where there is non- compliance, identify and explain                     1104, 1111
            reasons for each such issue?




                                                                                                                2024 Annual Report
                                                                                              PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                          1141
Page 541
                                       Performa       Management        Company         Management Discussion and         Business Support
                                         2024           Report           Profile      Analysis on Company Performance        Functions



No.                                    Principles and Recommendations                                                    Page
 C.3    Remuneration of Members of the Board and Key Executives
C.3.1   Is there disclosure of the fee structure for non- executive directors/commissioners?                        776-778
C.3.2   Does the company publicly disclose [i.e. annual report or other publicly disclosed                              779
        documents] details of remuneration of each non-executive director/ commissioner?
C.3.3   Does the company disclose its remuneration (fees, allowances, benefit-in-kind and other                     781-782
        emoluments) policy/practices (i.e. the use of short term and long term incentives and
        performance measures) for its executive directors and CEO?
C.3.4   Does the company publicly disclose [i.e. annual report or other publicly disclosed                              783
        documents] the details of remuneration of each of the executive directors and CEO [if he/she
        is not a member of the Board]?
 C.4    Related party transaction disclosure (RPT)
C.4.1   Does the company disclose its policy covering the review and approval of material RPTs?                         388
C.4.2   Does the company disclose the name, relationship, nature and value for each material RPTs?                      387
 C.5    Directors and Commissioners who deal in the Company's shares
C.5.1   Does the company disclose trading in the company’s shares by insiders?                                     1072-1077
 C.6    External Auditor and Auditor's Report
        Where the same audit firm is engaged for both audit and non-audit services
C.6.1   Are the audit and non-audit fees disclosed?                                                                 202, 982
C.6.2   Does the non-audit fee exceed the audit fees?                                                               202, 982
 C.7    Communication Media
        Does the company use the following modes of communication?
C.7.1   Quarterly reporting                                                                                https://www.bni.co.id/en-us/
                                                                                                           investors/financial-reports
C.7.2   Company website                                                                                               205
                                                                                                          https://www.bni.co.id/en-us/
C.7.3   Analyst’s briefing                                                                                 https://www.bni.co.id/en-us/
                                                                                                          investors/events-presentation
C.7.4   Media briefings /press conferences                                                                           990-997
                                                                                                            https://www.bni.co.id/en-
                                                                                                            us/home/bni-news/news/
                                                                                                                  categoryid/29
 C.8    Timely filing/release of annual/financial reports
C.8.1   Are the audited annual financial report / statement released within 120 days from the                           357
        financial year end?
C.8.2   Is the annual report released within 120 days from the financial year end?                                      357
C.8.3   Is the true and fairness/fair representation of the annual financial statement/reports affirmed                 1201
        by the board of directors/commissioners and/or the relevant officers of the company?
 C.9    Company website
        Does the company have a website disclosing up-to-date information on the following:
C.9.1   Financial statements/reports (latest quarterly)                                                                206
                                                                                                          https://www.bni.co.id/en-us/
                                                                                                           investors/financial-reports
C.9.2   Materials provided in briefings to analysts and media                                                          207
                                                                                                            https://www.bni.co.id/en-
                                                                                                               us/investors/events-
                                                                                                                   presentation
C.9.3   Downloadable annual report                                                                                     206
                                                                                                          https://www.bni.co.id/en-us/
                                                                                                           investors/financial-reports
C.9.4   Notice of AGM and/or EGM                                                                                      206
                                                                                                             https://www.bni.co.id/
                                                                                                           en-us/company/corporate-
                                                                                                                governance/gms
C.9.5   Minutes of AGM and/or EGM                                                                                     206
                                                                                                             https://www.bni.co.id/
                                                                                                           en-us/company/corporate-
                                                                                                                governance/gms
C.9.6   Company’s constitution (company’s by-laws, memorandum and articles of association)                            206
                                                                                                             https://www.bni.co.id/
                                                                                                           en-us/company/corporate-
                                                                                                            governance/articles-of-
                                                                                                                  association




1142    Transforming the Future, Empowering Indonesia
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Capital & Risk Management   Good Corporate     Social & Environmental        ESG          Financial
         Practices           Governance            Responsibility         Commitment     Statements



    No.                                      Principles and Recommendations                                                Page
    C.10    Investor relations
   C.10.1 Does the company disclose the contact details (e.g. telephone, fax, and email) of the officer /                 206
          office responsible for investor relations?                                                          https://www.bni.co.id/en-us/
                                                                                                                  investors/contact-us



  D. Responsibilities of the Board
    No.                                      Principles and Recommendations                                                Page
     D.1    Board Duties and Responsibilities
            Clearly defined board responsibilities and corporate governance policy
    D.1.1   Does the company disclose its corporate governance policy / board charter?                                     652
    D.1.2   Are the types of decisions requiring board of directors/commissioners’ approval disclosed ?             692-693, 722-723
    D.1.3   Are the roles and responsibilities of the board of directors/commissioners clearly stated ?             658, 660, 710, 721
                                                                                                                  https://www.bni.co.id/
                                                                                                                Portals/1/BNI/Perusahaan/
                                                                                                                   Docs/Board-Manual-
                                                                                                                 Dewan-Komisaris-BNI.
                                                                                                                 pdf hal 7, https://www.
                                                                                                                 bni.co.id/Portals/1/BNI/
                                                                                                                Perusahaan/Docs/Piagam-
                                                                                                                 Direksi.pdf halaman 15.
            Corporate Vision/Mission
    D.1.4   Does the company have an updated vision and mission statement?                                                86-88
    D.1.5   Does the board of directors play a leading role in the process of developing and reviewing the                  61
            company’s strategy at least annually?
    D.1.6   Does the board of directors have a process to review, monitor and oversee the implementation                    61
            of the corporate strategy?
     D.2    Board structure
            Code of Ethics or Conduct
    D.2.1   Are the details of the code of ethics or conduct disclosed?                                                 1044-1047
    D.2.2   Are all directors/commissioners, senior management and employees required to comply with                    1045-1046
            the code/s?
    D.2.3   Does the company have a process to implement and monitor compliance with the code/s of                      1045-1046
            ethics or conduct?
            Board Structure & Composition
    D.2.4   Do independent directors/commissioners make up at least 50% of the board of directors/                         699
            commissioners?
    D.2.5   Does the company have a term limit of nine years or less or 2 terms of five years1 each for its                654
            independent directors/ commissioners?

            1 The five years term must be required by legislation which pre-existed the introduction of the
            ASEAN Corporate Governance Scorecard in 2011
    D.2.6   Has the company set a limit of five board seats that an individual independent/non-executive                 662-663
            director/commissioner may hold simultaneously?
    D.2.7   Does the company have any executive directors who serve on more than two boards of listed                 114-125, 726
            companies outside of the group?
            Nominating Committee
    D.2.8   Does the company have a Nominating Committee?                                                                  810
    D.2.9   Is the Nominating Committee comprised of a majority of independent directors/                                  814
            commissioners?
   D.2.10 Is the chairman of the Nominating Committee an independent director/commissioner?                                814
   D.2.11 Does the company disclose the terms of reference/ governance structure/charter of the                            810
          Nominating Committee?
   D.2.12 Is the meeting attendance of the Nominating Committee disclosed and if so, did the                             820-821
          Nominating Committee meet at least twice during the year?
            Remuneration Committee / Compensation Committee
   D.2.13 Does the company have a Remuneration Committee?                                                                  810
   D.2.14 Is the Remuneration Committee comprised entirely of non-executive directors/commissioners                        814
          with a majority of independent directors/commissioners ?
   D.2.15 Is the chairman of the Remuneration Committee an independent director/commissioner?                              814
   D.2.16 Does the company disclose the terms of reference/ governance structure/ charter of the                           810
          Remuneration Committee?




                                                                                                               2024 Annual Report
                                                                                             PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                       1143
Page 543
                                       Performa       Management         Company         Management Discussion and          Business Support
                                         2024           Report            Profile      Analysis on Company Performance         Functions



 No.                                   Principles and Recommendations                                                     Page
D.2.17 Is the meeting attendance of the Remuneration Committee disclosed and, if so, did the                             820-821
       Remuneration Committee meet at least twice during the year?
        Audit Committee
D.2.18 Does the company have an Audit Committee?                                                                           792
D.2.19 Is the Audit Committee comprised entirely of non-executive directors/commissioners with a                           795
       majority of independent directors/commissioners?
D.2.20 Is the chairman of the Audit Committee an independent director/commissioner?                                        795
D.2.21 Does the company disclose the terms of reference/governance structure/charter of the Audit                       792
       Committee?                                                                                              https://www.bni.co.id/
                                                                                                             Portals/1/BNI/Perusahaan/
                                                                                                               Docs/Piagam-Komite-
                                                                                                                   Audit-2024.pdf
D.2.22 Does at least one of the independent directors/commissioners of the committee have                                795-797
       accounting expertise (accounting qualification or experience)?
D.2.23 Is the meeting attendance of the Audit Committee disclosed and, if so, did the Audit Committee                    799-802
       meet at least four times during the year?
D.2.24 Does the Audit Committee have primary responsibility for recommendation on the                                      793
       appointment, and removal of the external auditor?
 D.3   Board Processes
        Board meetings and attendance
D.3.1   Are the board of directors meeting scheduled before the start of financial year?                                   742
D.3.2   Does the board of directors/commissioners meet at least six times during the year?                        667-668, 731-732
D.3.3   Has each of the directors/commissioners attended at least 75% of all the board meetings held              667-668, 731-732
        during the year?
D.3.4   Does the company require a minimum quorum of at least 2/3 for board decisions?                                   667, 730
D.3.5   Did the non-executive directors/commissioners of the company meet separately at least once                       667-668
        during the year without any executives present?
        Access to information
D.3.6   Are board papers for board of directors/commissioners meetings provided to the board at least                    666, 730
        five business days in advance of the board meeting?
D.3.7   Does the company secretary play a significant role in supporting the board in discharging its                      900
        responsibilities?
D.3.8   Is the company secretary trained in legal, accountancy or company secretarial practices and                      901-903
        has kept abreast on relevant developments?
        Board Appointments and Re-Election
D.3.9   Does the company disclose the criteria used in selecting new directors/commissioners?                     653-654, 704-705
D.3.10 Did the company describe the process followed in appointing new directors/commissioners?                          656, 708
D.3.11 Are all directors/commissioners subject to re-election every 3 years; or 5 years for listed                       654, 705
       companies in countries whose legislation prescribes a term of 5 years2 each? 2 The five
       years term must be required by legislation which pre-existed the introduction of the ASEAN
       Corporate Governance Scorecard in 2011
        Remuneration Matters
D.3.12 Do the shareholders or the Board of Directors approve the remuneration of the executive                             640
       directors and/or the senior executives?
D.3.13 Does the company have measurable standards to align the performance-based remuneration                    773-774, 780, 1066
       of the executive directors and senior executives with long-term interests of the company, such
       as claw back provision and deferred bonuses?
        Internal Audit
D.3.14 Does the company have a separate internal audit function?                                                           909
D.3.15 Is the head of internal audit identified or, if outsourced, is the name of the external firm                        914
       disclosed?
D.3.16 Does the appointment and removal of the internal auditor require the approval of the Audit                          913
       Committee?
        Risk Oversight
D.3.17 Does the company establish a sound internal control procedures/risk management framework                   938-939, 944-945
       and periodically review the effectiveness of that framework?
D.3.18 Does the Annual Report/Annual CG Report disclose that the board of directors/commissioners                   945, 947-948
       has conducted a review of the company’s material controls (including operational, financial and
       compliance controls) and risk management systems?




1144    Transforming the Future, Empowering Indonesia
Page 544
Capital & Risk Management   Good Corporate     Social & Environmental       ESG          Financial
         Practices           Governance            Responsibility        Commitment     Statements



    No.                                      Principles and Recommendations                                              Page
   D.3.19 Does the company disclose the key risks to which the company is materially exposed to (i.e.                     955
          financial, operational including IT, environmental, social, economic)?
   D.3.20 Does the Annual Report/Annual CG Report contain a statement from the board of directors/                     945, 955
          commissioners or Audit Committee commenting on the adequacy of the company’s internal
          controls/risk management systems?
    D.4   People on the Board
             Board Chairman
    D.4.1    Do different persons assume the roles of chairman and CEO?                                                100, 114
    D.4.2    Is the chairman an independent director/commissioner?                                                        100
    D.4.3    Is any of the directors a former CEO of the company in the past 2 years?                                   114-125
    D.4.4    Are the roles and responsibilities of the chairman disclosed?                                                658
             Lead Independent Director
    D.4.5    If the Chairman is not independent, has the Board appointed a Lead/Senior Independent                        100
             Director and has his/her role been defined?
             Skills and Competencies
    D.4.6    Does at least one non-executive director/commissioner have prior working experience in the                 100-101
             major sector that the company is operating in?
     D.5     Board Performance
             Board Performance Directors Development
    D.5.1    Does the company have orientation programmes for new directors/commissioners?                           682-683, 758
    D.5.2    Does the company have a policy and actual practice and programs that encourages directors/            679-682, 744-758
             commissioners to attend on-going or continuous professional education programmes?
             CEO/Executive Management Appointments and Performance
    D.5.3    Does the company disclose the process on how the board of directors/commissioners plans for                  772
             the succession of the CEO/Managing Director/President and key management?
    D.5.4    Does the board of directors/commissioners conduct an annual performance assessment of the                  763-764
             CEO/Managing Director/President?
             Board Appraisal
    D.5.5    Did the company conduct an annual performance assessment of the board of directors/                   763-764, 766-767
             commissioners and disclose the criteria and process followed for the assessment?
             Director Appraisal
    D.5.6    Did the company conduct an annual performance assessment of the individual directors/                      763-767
             commissioners and disclose the criteria and process followed for the assessment?
             Committee Appraisal
    D.5.7    Did the company conduct an annual performance assessment of the board committees and                  694-695, 761-762
             disclose the criteria and process followed for the assessment?




  LEVEL 2 – BONUS ITEMS

  (B) A. Rights and Equitable Treatment of shareholders
     No.                                     Principles and Recommendations                                              Page
   (B) A.1   Right to participate effectively in and vote in general shareholders meeting and should be
             informed of the rules, including voting procedures, that govern general shareholders meeting.
  (B) A.1.1 Does the company practice real time secure electronic voting in absentia at general meetings                  634
            of shareholders?
   (B) A.2 Equitable treatment of shareholders
             Notice of AGM
   (B)A.2.1 Does the company release its notice of AGM (with detailed agendas and explanatory circulars),        https://www.bni.co.id/
            as announced to the Exchange, at least 28 days before the date of the meeting?                     portals/1/bni/perusahaan/
                                                                                                               docs/Pemanggilan-RUPS-
                                                                                                                Tahunan-Tahun-Buku-
                                                                                                                     2023-ENG.pdf
                                                                                                                   Halaman 1 dan 4



  (B) B. Sustainability and Resilience
     No.                                     Principles and Recommendations                                              Page
   (B) B.1
  (B) B.1.1 Does the company disclose how it manages climate-related risks and opportunities?                 Sustainability Report page
                                                                                                                        39-43




                                                                                                              2024 Annual Report
                                                                                            PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                      1145
Page 545
                                         Performa      Management        Company         Management Discussion and           Business Support
                                           2024          Report           Profile      Analysis on Company Performance          Functions



  No.                                    Principles and Recommendations                                                    Page
(B) B.1.2 Does the company disclose that its Sustainability Report / Sustainability Reporting is externally    Yes, Sustainability Report
          assured?                                                                                                   page 150-154
(B) B.1.3 Does the company disclose the engagement channel with stakeholder groups and how the                Sustainability Report page
          company responds to stakeholders’ ESG concerns?                                                              147-149
(B) B.1.4 Does the company have a unit / division / committee who is specifically responsible to manage       Sustainability Report page
          the sustainability matters?                                                                                    133
(B) B.1.5 Does the company disclose board of directors/commissioners’ oversight of sustainability-             Sustainability Report page
          related risks and opportunities?                                                                              17, 133
(B) B.1.6 Does the company disclose the linkage between executive directors and senior management                           775
          remuneration and sustainability performance for the previous year?
(B) B.1.7 Is the company’s Whistle Blowing System managed by independent parties / institutions?                           1080



(B) C. Disclosure and transparency
  No.                                      Principles and Recommendations                                                   Page
 (B) C.1    Quality of Annual Report
(B) C.1.1 Are the audited annual financial report /statement released within 60 days from the financial year               300
          end?                                                                                                    https://www.idx.co.id/
                                                                                                                  en/listed-companies/
                                                                                                                  financial-statements-
                                                                                                                    and-annual-report/



(B) D. Responsibilities of the Board
   No.                                     Principles and Recommendations                                                   Page
 (B) D.1     Board Competencies and Diversity
(B) D.1.1 Does the company have at least one female independent director/commissioner?                                   100-111, 655
(B) D.1.2 Does the company have a policy and disclose measurable objectives for implementing its board                     788-789
          diversity and report on progress in achieving its objectives?
 (B) D.2 Board Structure
(B) D.2.1 Is the Nominating Committee comprise entirely of independent directors/commissioners?                              814
(B) D.2.2 Does the Nominating Committee undertake the process of identifying the quality of directors                        772
          aligned with the company’s strategic directions?
 (B) D.3 Board Appointments and Re-Election
(B) D.3.1 Does the company use professional search firms or other external sources of candidates (such                       772
          as director databases set up by director or shareholder bodies) when searching for candidates
          to the board of directors/commissioners?
 (B) D.4 Board Structure & Composition
(B) D.4.1 Do independent non-executive directors/commissioners make up more than 50% of the board                          113, 699
          of directors/commissioners for a company with independent chairman?
 (B) D.5 Risk Oversight
(B) D.5.1 Does the company disclose that its Board identified key risk in relation to information                            444
          technology including disruption, cyber security, and disaster recovery, to ensure that such risks
          are managed and integrated into the overall risk management framework?
 (B) D.6 Board Performance
(B) D.6.1 Does the company have a separate board level Risk Committee?                                                     826-830




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  Implementation of Corporate
  Governance Principles for Banks in
  Accordance With Basel Committee on
  Banking Supervision Standards                                                                      [ACGS: C.26]

  BNI has implemented the principles of bank governance in accordance with the Basel Committee on Banking
  Supervision Standards, which encompass 12 principles. In 2024, the implementation of these principles at
  BNI is outlined in the following table:
      Explanation of Basel Committee
                                                                                                           Disclosure in
     on Banking Supervision Standard                        Implementation at BNI
                                                                                                         Annual Report 2024
                Principles
   Principle 1:
   Responsibilities of the Board of Commissioners
   The Board of Commissioners                 The Board of Commissioners has duties,             Chapter 7. Corporate
   has responsibilities that include:         responsibilities, and authority as outlined in     Governance, Sub-Chapter Board
   approval and supervision of                the BNI Board of Commissioners Charter. This       of Commissioners, Page 652-698
   the implementation of business             provision was ratified through the Board of
   strategies, governance structure and       Commissioners Decree No. KEP/024/DK/2024
   mechanisms, and corporate culture.         dated October 21, 2024, regarding the Board of
                                              Commissioners Charter.

   Principle 2:
   Qualifications and Composition of the Board of Commissioners
   Members of the Board of                    The Board of Commissioners has duties              Chapter 7. Corporate
   Commissioners must have the                and responsibilities both individually and         Governance, Sub-Chapter Board
   qualities appropriate to their             collectively. All members of the Board of          of Commissioners, Page 652-
   duties and responsibilities, both          Commissioners must understand their role           698; Sub-Chapter Nomination
   individually and collectively. The         in supervision and the implementation of           and Remuneration of the Board
   Board of Commissioners must                corporate governance, and be able to make          of Directors and Board of
   understand its role in supervision         decisions in a sound and objective manner.         Commissioners, Page 768-787.
   and the implementation of corporate
   governance, as well as being able          The appointment of members of the Board of
   to make decisions in a sound and           Commissioners is carried out in accordance with
   objective manner.                          applicable regulations. Each member has met
                                              the criteria and qualities required to perform
                                              their respective duties
   Principle 3:
   Structure and Mechanism of the Board of Commissioners
   The Board of Commissioners must            In BNI's Governance Structure, the Board of        Chapter 7. Corporate
   establish the appropriate governance       Commissioners is supported by Supporting           Governance:
   structure and practices in carrying        Organs, which include the Board of                 Sub-Chapter Board of
   out its duties and periodically review     Commissioners Secretary, Audit Committee,          Commissioners, Page 652-698;
   their effectiveness.                       Nomination and Remuneration Committee,             Sub-Chapter Board of
                                              Risk Monitoring Committee, and Integrated          Commissioners Secretary, Page
                                              Governance Committee. These Supporting             858-861; Sub-Chapter Audit
                                              Organs report directly to the Board of             Committee, Page 792-810;
                                              Commissioners and are appointed to ensure          Sub-Chapter Remuneration
                                              effective oversight. In 2024, the Board of         and Nomination Committee,
                                              Commissioners periodically assessed the            Page 810-826; Sub-Chapter Risk
                                              effectiveness of the Supporting Organs to          Monitoring Committee, Page
                                              ensure that each committee maximizes its           826-839; Sub-Chapter Integrated
                                              contribution to the implementation of good         Governance Committee, Page
                                              governance at BNI.                                 839-857.




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  Explanation of Basel Committee
                                                                                                      Disclosure in
 on Banking Supervision Standard                       Implementation at BNI
                                                                                                    Annual Report 2024
            Principles
Principle 4:
Board of Directors
Under the direction and supervision      The corporate governance mechanism at BNI          Chapter 7. Corporate
of the Board of Commissioners, the       has been effectively implemented in compliance     Governance:
Board of Directors is able to manage     with laws and regulations as well as national      Sub-Chapter Commitment to
the Bank's activities in accordance      and global best standards. The Board of            Governance Implementation,
with the business strategy, risk         Commissioners oversees the management of           Page 605-609;
appetite, remuneration policy, and       the company by the Board of Directors, which       Sub-Chapter Continuous
other policies approved by the Board     is tasked with implementing good governance        Improvement in GCG
of Commissioners.                        principles. Every policy underpinning BNI's        Implementation Quality, Page
                                         operational activities requires approval from      615-629;
                                         the Board of Commissioners. The effectiveness      Sub-Chapter Board of Directors,
                                         of this governance positively impacts the          Page 703-762.
                                         achievement of targets and the improvement of
                                         the Bank's performance.

Principle 5:
Business Group Governance Structure
In a business group, the Board           As the primary entity in the Financial             Chapter 7. Corporate
of Commissioners of the parent           Conglomerate, BNI has five subsidiaries that       Governance:
company has overarching                  are members of the conglomerate. To support        Sub-Chapter Integrated
responsibility for the group and         effective management, BNI has implemented          Governance Committee, Page
must ensure the establishment and        Integrated Governance, Integrated Risk             839-857;
implementation of sound governance       Management, and Integrated Minimum Capital         Sub-Chapter Integrated Internal
practices concerning the group’s         Adequacy Requirements.                             Audit Unit (SKAIT), Page 925-928;
structure, business, and risks. The                                                         Sub-Chapter Integrated Risk
Board of Commissioners and the           The Board of Commissioners of BNI has              Management Governance, Page
Board of Directors must understand       also established an Integrated Governance          971-977;
the organizational structure of the      Committee comprising representatives from          Sub-Chapter Implementation
group and the risks it faces.            all entities within the financial conglomerate.    of Integrated Governance, Page
                                         As the main entity, BNI has developed an           1095-1103.
                                         Integrated Governance Guideline, Integrated
                                         Risk Management Policy and Framework,
                                         and Integrated Compliance and Internal Audit
                                         Guidelines. These policies are implemented
                                         by all subsidiaries within the BNI Financial
                                         Conglomerate, provided their application does
                                         not conflict with more specific regulations
                                         applicable to each subsidiary.
Principle 6:
Risk Management Function
The Bank must have a high-quality,       BNI's risk management strategy is implemented      Chapter 7. Corporate
independent risk management              in an integrated manner with its business          Governance:
function with competent resources        strategy, using a proactive and forward-looking    Sub-Chapter Risk Management
and access to the Board of               approach. The goal is to maximize value for        System, Page 946-970;
Commissioners.                           shareholders, manage capital comprehensively,      Sub-Chapter Integrated Risk
                                         and ensure sustainable profitability and           Management Governance, Page
                                         business growth.                                   971-977.

                                         The Enterprise Risk Management (ERM) Division
                                         serves as both the Risk Management Work Unit
                                         (SKMR) and the Integrated Risk Management
                                         Work Unit (SKMRT). In BNI's organizational
                                         structure, the ERM Division reports directly to
                                         the Director of Risk Management, overseeing
                                         the Risk Management and Integrated Risk
                                         Management functions.

                                         In carrying out its duties, the Risk Management
                                         Work Unit has the authority to escalate issues
                                         to the Risk Management Committee & Anti-
                                         Fraud Sub Risk Management Committee (KRA-
                                         RMC) or to the Director responsible for the
                                         Risk Management function. Meanwhile, the
                                         Integrated Risk Management Work Unit escalates
                                         issues to the Integrated Risk Management
                                         Committee or the Director overseeing the
                                         Integrated Risk Management function.



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      Explanation of Basel Committee
                                                                                                            Disclosure in
     on Banking Supervision Standard                        Implementation at BNI
                                                                                                          Annual Report 2024
                Principles
                                              The organizational structure of BNI's Risk
                                              Management can be found in the 2024 Annual
                                              Report in the sub-chapter related to Risk
                                              Management.
   Principle 7:
   Identification, Monitoring and Control of Risks
   Risks must be identified, monitored,       BNI implements a comprehensive and                    Chapter 7. Corporate
   and controlled across all of the           continuous risk management process,                   Governance:
   Bank's activities. The quality of risk     encompassing risk identification, measurement,        Sub-Chapter Risk Management
   management infrastructure and              monitoring, and control across all material risk      System, Page 946-970;
   internal controls must be able to          factors. This implementation is supported by a        Sub-Chapter Integrated Risk
   adapt to changes in the Bank's risk        reliable Risk Management Information System.          Management Governance, Page
   profile, external risk conditions, and                                                           971-977.
   industry practices.                        The risk identification process at BNI is carried
                                              out proactively to analyze the sources, likelihood
                                              of risk occurrence, and its impact on the
                                              company. Key aspects of this process include:
                                              1. Periodic risk identification;
                                              2. Utilizing methods or systems to identify risks
                                                  in all products and business activities;
                                              3. Conducting specific risk identification for
                                                  new products and activities before they are
                                                  introduced or executed.

                                              Risk measurement aims to determine the
                                              magnitude of risk exposure as a basis for control
                                              and to ensure capital adequacy. Measurement is
                                              conducted quantitatively and/or qualitatively in
                                              accordance with methods set by the regulator or
                                              internal methods if no specific regulations exist.
                                              Risk measurement at BNI also includes stress
                                              testing for credit, market, and liquidity risks to
                                              anticipate extreme conditions.

                                              Risk monitoring ensures that risks are being
                                              properly managed, including monitoring
                                              risk mitigation and established risk limits.
                                              Monitoring is conducted by the Operational
                                              Work Unit as the risk owner and the Risk
                                              Management Work Unit as the Risk Control Unit.

                                              Risk control at BNI aims to manage risks
                                              that could disrupt the company's business
                                              sustainability. The strategies applied include risk
                                              mitigation, risk acceptance, risk avoidance, and
                                              risk transfer.

                                              Additionally, BNI continues to develop its Risk
                                              Management Information System to support the
                                              processes of risk identification, measurement,
                                              monitoring, and control. This system ensures
                                              the availability of accurate, complete, timely,
                                              and reliable information, thereby supporting
                                              Management in decision-making to respond to
                                              changes in risk profiles, industry practices, and
                                              external risk conditions.




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  Explanation of Basel Committee
                                                                                                        Disclosure in
 on Banking Supervision Standard                       Implementation at BNI
                                                                                                      Annual Report 2024
            Principles
Principle 8:
Risk Communication
Effective implementation of risk          In implementing risk management, BNI                 Chapter 7. Corporate
governance requires accurate              emphasizes the importance of aligning                Governance:
risk communication within                 business strategies and objectives with risk         Sub-Chapter Risk Management
the Bank's environment, both              management strategies and risk appetite. The         System, Page 946-970;
across organizational units and           risk management strategy consists of four main       Sub-Chapter Integrated Risk
through reporting to the Board of         components:                                          Management Governance, Page
Commissioners and the Board of            1. Acceptable risk levels (risk appetite) and risk   971-977.
Directors.                                    tolerance;
                                          2. Risk management principles and policies;
                                          3. Risk governance;
                                          4. Types of risk exposures and market
                                              conditions.

                                          The establishment of the risk management
                                          strategy is regulated through governance, which
                                          includes:
                                          1. Risk management strategy as the foundation
                                             for determining business strategy, outlined in
                                             BNI's Annual Business Plan (RBB) submitted
                                             annually to the Regulator;
                                          2. The risk management strategy is developed
                                             by the Risk Management Work Unit,
                                             decided by the Board of Directors through
                                             the Risk Management & Anti-Fraud
                                             Committee Meetings in the field of Risk
                                             Management, and approved by the Board of
                                             Commissioners.

                                          The Board of Directors plays a role in
                                          communicating the risk management strategy
                                          to all Divisions/Work Units and conducting
                                          periodic reviews to adjust to changes in
                                          business strategy. This process also considers
                                          developments in economic conditions, banking
                                          business trends, regulatory changes, and their
                                          impact on the Bank's financial performance.
Principle 9:
Compliance
The Board of Commissioners                The supervisory function of the Board of             Chapter 7. Corporate
is responsible for overseeing             Commissioners over the Bank's compliance             Governance:
management concerning the                 risk is carried out through the Audit Committee      Sub-Chapter Board of
Bank's compliance risk. The Board         to ensure the strict application of prudential       Commissioners, Page 652-698;
of Commissioners must establish           principles. Through this oversight, the Board of     Sub-Chapter Risk Monitoring
the compliance function and               Commissioners ensures that all Bank activities       Committee, Page 826-839;
approve policies and processes for        and policies align with applicable laws and          Sub-Chapter Compliance
identifying, assessing, monitoring,       regulations, including those issued by financial     Function, Page 928-937;
reporting, and advising on                and banking authorities.                             Sub-Chapter Risk Management
compliance risks.                                                                              System, Page 946-970;
                                          The Board of Commissioners conducts periodic         Sub-Chapter Integrated Risk
                                          reviews and assessments of the compliance            Management Governance, Page
                                          function to identify potential risks and ensure      971-977.
                                          that compliance risk mitigation measures are
                                          adequately implemented. This process also
                                          involves monitoring the implementation of
                                          recommendations provided by relevant work
                                          units and reviewing compliance reports to
                                          detect potential violations early. Furthermore,
                                          the Board of Commissioners evaluates the
                                          effectiveness of the compliance function in
                                          supporting compliance targets, which are
                                          expected to minimize legal risks and maintain
                                          the Bank's reputation.




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      Explanation of Basel Committee
                                                                                                           Disclosure in
     on Banking Supervision Standard                        Implementation at BNI
                                                                                                         Annual Report 2024
                Principles
   Principle 10:
   Internal Audit
   The internal audit function must           BNI has established an Internal Audit Work          Chapter 7. Corporate
   report independent assurance               Unit operated by the Internal Audit Unit,           Governance:
   activities to the Board of                 whose primary responsibilities are to perform       Sub-Chapter Internal Audit Unit,
   Commissioners and support both             assurance and consulting functions. The             Page 909-925;
   the Board of Commissioners and             objective of this function is to provide added      Sub-Chapter Integrated Internal
   the Board of Directors in promoting        value and encourage improvements in the             Audit Work Unit (SKAIT), Page
   effective governance processes and         quality of controls, risk management, and           925-928;
   the Bank's long-term health.               corporate governance independently and              Sub-Chapter Internal Control
                                              objectively. Through assurance activities, the      System, Page 938-945.
                                              Internal Audit Unit evaluates the reliability of
                                              internal control processes and compliance with
                                              established policies.

                                              Additionally, the consulting function provides
                                              guidance to work units in formulating effective
                                              steps to enhance risk management and
                                              strengthen corporate governance. This process
                                              is carried out in accordance with the principles
                                              of independence and objectivity, as outlined
                                              in the Annual Report, which details the roles
                                              and contributions of the Internal Audit Unit in
                                              supporting BNI's strategic objectives.
   Principle 11:
   Compensation
   The Bank's remuneration structure          BNI has a Nomination and Remuneration               Chapter 7. Corporate
   must support the implementation            Committee established and functioning               Governance:
   of corporate governance and risk           in accordance with applicable laws and              Sub-Chapter Nomination and
   management.                                regulations. This committee is responsible          Remuneration of the Board of
                                              for establishing remuneration policies and          Commissioners and Directors,
                                              mechanisms aligned with the principles              Page 768-787;
                                              of good corporate governance (GCG) and              Sub-Chapter Nomination and
                                              risk management. With the support of the            Remuneration Committee, Page
                                              Nomination and Remuneration Committee, BNI          768-787.
                                              ensures that remuneration policies not only
                                              support sustainable performance achievement
                                              but also strengthen risk management aspects.

                                              The committee also ensures that remuneration
                                              policies are aligned with the company's long-
                                              term objectives, balancing rewards and risks
                                              while considering the interests of shareholders,
                                              employees, and other stakeholders.
   Principle 12:
   Disclosure and Transparency
   The governance implementation              BNI is committed to applying the principles         Chapter 7. Corporate
   of the Bank must be carried out            of good corporate governance, particularly          Governance:
   transparently to Shareholders,             transparency. By prioritizing open information      Sub-Chapter Transparency of
   Depositors, other relevant                 disclosure, BNI ensures that all company-related    Financial and Non-Financial
   Stakeholders, and Market                   information is conveyed to shareholders and         Conditions, Page 1054;
   Participants.                              other stakeholders accurately and in a timely       Sub-Chapter Transparency in
                                              manner, in compliance with applicable laws and      Report Submission, Page 1091.
                                              regulations.




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08
Social &
Environmental
Responsibility
 Commitment and Policy for
 Implementing Social and Environmental   1154
 Responsibility Programs
 Special Assignment                      1167




Social &
Environmental
Responsibility
Page 552

          
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Commitment and Policy for
Implementing Social and Environmental
Responsibility Programs                                                  [ACGS B.4.4]




COMMITMENT AND POLICY                                            The implementation of BNI’s TJSL program is driven
                                                                 by the understanding that sustainable success
PT Bank Negara Indonesia (Persero) Tbk, also                     is not solely dependent on management and
known as BNI, is committed to always contributing                operational performance, but is also supported by
to continuously helping to provide benefits to the               the surrounding community and environment. This
economy, society, and environment with principles                is in line with the spirit of TPB, namely development
that are more integrated, focused, measurable in                 that ensures the continuous improvement of the
impact and accountable. This commitment is part of               community’s economic welfare, development
BNI’s business strategy for attaining sustainability             that maintains the sustainability of social life,
and business continuity.                                         development that preserves environmental quality,
                                                                 and development that guarantees justice and the
As a State-Owned Enterprise (BUMN), BNI serves                   implementation of governance that can sustain the
as a key development agent, playing a crucial role               improvement of quality of life from one generation
in driving economic growth and advancing the                     to the next.
achievement of the Sustainable Development Goals
(SDGs), a global issue that is on the agenda of the              The BNI TJSL Program reflects the commitment and
Indonesian Government. In fulfilling this role, BNI              dedication of State-Owned Enterprises (BUMN) to
consistently implements Social and Environmental                 sustainable development, in accordance with the
Responsibility (TJSL) programs and activities,                   Regulation of the Minister of BUMN No. PER-1/
integrating them into all aspects of its operations to           MBU/03/2023 regarding Special Assignments and
generate positive impact on both the economy and                 BUMN Social and Environmental Responsibility
the banking industry.                                            Programs. Aligned with the Bank’s mission and
                                                                 Environmental, Social, and Governance (ESG)
                                                                 principles, the BNI TJSL Program is designed to
                                                                 comply with relevant laws and regulations, namely:




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         Practices           Governance           Responsibility       Commitment    Statements



  1. Law No. 40 of 2007 concerning Limited Liability                   of the bank’s decisions and business activities on
     Companies as last amended by Law No. 6 of                         society and the environment through transparent
     2023 concerning the Stipulation of Government                     and ethical behavior. The policies for implementing
     Regulation in Lieu of Law No. 2 of 2022 concerning                BNI’s Social and Environmental Responsibility
     Job Creation;                                                     (TJSL) program include:
  2. Government Regulation No. 47 of 2012 concerning                   1. PeCorporate Guideline No. IN/002/CSE/0002
     Social and Environmental Responsibility of                           dated February 1, 2024, related to the Social and
     Limited Liability Companies;                                         Environmental Responsibility (TJSL) program;
  3. Regulation of the Minister of State-Owned                         2. Corporate Guideline for Community Development
     Enterprises of the Republic of Indonesia No.                         Management No. IN/341/KMP/001 dated July 17,
     PER-1/MBU/03/2023 dated March 3, 2023                                2017;
     concerning Special Assignments and Social and                     3. Corporate Guideline for Environmentally Friendly
     Environmental Responsibility Programs of State-                      Lifestyle No. IN/418/KMP/001 dated September
     Owned Enterprises.                                                   12, 2017.
  4. Regulation of the Financial Services Authority No.
     51/POJK.03/2017 dated July 18, 2017 concerning                    BNI systematically and integratively implements the
     the Implementation of Sustainable Finance for                     TJSL program to ensure its successful execution,
     Financial Services Institutions, Issuers, and                     achievement, and the effective management of its
     Public Companies.                                                 impacts, in alignment with the program’s goals and
                                                                       priorities. The management of BNI’s TJSL program
  In line with the above guidelines, BNI has established               follows these key stages:
  policies that serve as the basis for fulfilling the                  1. Planning;
  transparency of information regarding the impact                     2. Execution;
                                                                       3. Monitoring; and
                                                                       4. Reporting.




                     Planning                Implementation             Monitoring                Reporting




  TJSL PROGRAM OBJECTIVES

  The objectives of the TJSL program align with the Regulation of the Minister of State-Owned Enterprises of
  the Republic of Indonesia No. PER-1/MBU/03/2023 dated March 3, 2023, regarding Special Assignments and
  Social and Environmental Responsibility Programs of State-Owned Enterprises, which are:
  1. To provide benefits for economic development, social development, environmental development, as
     well as legal and governance development for the company;
  2. To contribute to creating added value for the company with integrated, targeted, measurable, and
     accountable impacts;
  3. To support micro and small businesses to become more resilient and independent, as well as the
     surrounding communities.

  TJSL PROGRAM PRINCIPLES

  The TJSL program is implemented based on the following principles:
  1. Integrated, based on risk analysis and business processes that are connected to stakeholders;
  2. Targeted, with a clear direction to achieve company goals;




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3. Measurable impact, having a contribution that                    adequate infrastructure, affordable clean energy,
   provides benefits and creates change or added                    and supported partnerships; and
   value for stakeholders and the company; and                   4. Law and Governance, to ensure legal certainty
4. Accountability, ensuring responsibility to avoid                 and effective, transparent, accountable, and
   misuse or deviations.                                            participatory governance to create security
                                                                    stability and establish the rule of law.
MAIN TJSL PILLARS
                                                                 These four main pillars encompass the 17 Sustainable
The TJSL program is also implemented based on                    Development Goals (SDGs), which are: (1) No
four main pillars:                                               Poverty; (2) Zero Hunger; (3) Good Health and Well-
1. Social, to achieve the fulfillment of basic human             being; (4) Quality Education; (5) Gender Equality;
   rights in a fair and equal manner to improve the              (6) Clean Water and Sanitation; (7) Affordable
   welfare of all people;                                        and Clean Energy; (8) Decent Work and Economic
2. Environmental, for the sustainable management                 Growth; (9) Industry, Innovation and Infrastructure;
   of natural resources and the environment as a                 (10) Reduced Inequalities; (11) Sustainable Cities
   support for all life;                                         and Communities; (12) Responsible Consumption
3. Economic, to achieve quality economic                         and Production; (13) Climate Action; (14) Life Below
   growth through sustainable job and business                   Water; (15) Life on Land; (16) Peace, Justice and
   opportunities, innovation, inclusive industries,              Strong Institutions; (17) Partnerships for the Goals.




                                                          Economic
                                                            Pillar



                                           Social                      Environmental
                                           Pillar                           Pillar



                                                          Legal and
                                                         Governance
                                                            Pillar




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  MAIN FOCUS OF SOCIAL AND ENVIRONMENTAL RESPONSIBILITY PROGRAMS AND
  COMPANY SUPPORT TOWARDS SUSTAINABLE DEVELOPMENT GOALS

  BNI runs Social and Environmental Responsibility (TJSL) programs as a form of support for achieving
  various Sustainable Development Goals. The implementation of the TJSL Program is a real manifestation
  of the company’s responsibility to all stakeholders. Through the implementation of various development
  activities in the TJSL Program, the Company shows its determination to meet the present but is carried out
  without reducing, sacrificing and destroying the fulfillment of future needs. Through the implementation of
  these TJSL programs, the Company shows that current business development is carried out by prioritizing
  performance alignment in economic, social and environmental aspects.

  The BNI TJSL Program is run with the target beneficiaries being the community around the company’s
  operational activities and the wider community selectively. During 2024, BNI refers to the Letter of the
  Ministry of SOEs where the Implementation of the SOE TJSL Program in the form of assistance and/or other
  activities is carried out by prioritizing focus on education, environment, and development of Micro and
  Small Enterprises (UMK).

  SCOPE OF BNI TJSL

  The BNI TJSL Program supports BNI’s Sustainability Pillars, especially BNI for Society and BNI for the
  Environment as well as the Achievement of Sustainable Development Goals (TPB).

  SOCIAL AND ENVIRONMENTAL RESPONSIBILITY PROGRAM MANAGEMENT

  The implementation of the BNI TJSL program is divided into several Divisions with responsibilities that are
  in accordance with the program category. Currently, the management of the BNI TJSL program is in the
  Corporate Secretary Division (CSE) which is directly responsible to the President Director and the Business
  Program Division (SBP) which is responsible to the Director of Retail Banking, with the organizational
  structure attached below.


                                       Organizational Structure of TJSL Program Manager


                                      President Director                       Retail Banking Director




           Non-PUMK                  Corporate Secretary                     Business Program Division             PUMK Program
            Program                       Division




                                       Corporate Social                          Business Program
                                        Responsibility                       Incubation & Stakeholder
                                        Departement                          Management Departement




                                                                                         Business
                                       Corporate Social                            Program Incubation
                                                                                     Strategic Project
                                        Responsibility                                & Stakeholder
                                                                                      Management




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STRATEGIES AND PROGRAMS OF                                          d. Increase the capacity and capabilities of
ACTIVITIES FOR IMPLEMENTING SOCIAL                                     fostered partners through the provision of
AND ENVIRONMENTAL RESPONSIBILITY                                       education, training, internships, marketing,
BASED ON THE CONCEPT OF SUSTAINABLE                                    and other forms of assistance;
FINANCE                                                             e. Implementation      of     the    Social  and
                                                                       Environmental      Responsibility     Program
BNI is committed to creating a positive impact by                      prioritizes  the     fields    of   Education,
advancing the social conditions of communities and                     Environment and Development of Micro and
society connected to BNI through the implementation                    Small Enterprises (UMK).
of relevant and long-term TJSL programs. The
strategies and activities for executing BNI’s TJSL               BNI also implements TJSL activity programs which
are based on the concept of sustainable finance,                 are divided into 3 (three) major programs, namely:
taking into account stakeholder expectations, legal              1. External Initiation Program
compliance, and alignment with international                        This is a program initiated by external/
behavioral norms.                                                   stakeholders aimed at BNI, with a specific
                                                                    purpose and does not have a direct impact on
BNI avoids implementing TJSL programs solely for                    BNI.
enhancing its public image or business environment               2. Strategic Program
reputation. The primary reference for BNI is to                     This is a program initiated by BNI internally to
understand the objectives and positive impacts of the               achieve certain goals that are beneficial for BNI
TJSL programs, ensuring that their implementation                   and all stakeholders.
is ideal, objective, targeted, and sustainable, in line          3. National Development Support Program
with the principles of sustainable finance and the                  This is a program initiated by BNI’s main
achievement of the Sustainable Development Goals.                   stakeholders, so it is considered important to be
                                                                    implemented.
Furthermore, BNI views the TJSL program as a vital
element that goes beyond merely fulfilling POJK                  BUDGET AND FINANCING REALIZATION
51/2017. It is also aligned with BNI’s Five Pillars of           FOR SOCIAL AND ENVIRONMENTAL
Sustainability, fostering harmonious and mutually                RESPONSIBILITY PROGRAMS IN 2024
beneficial relationships with the environment,
communities, and stakeholders locally, nationally,               BNI determines the amount of the TJSL program
and globally, while creating a positive impact on                implementation budget by referring to the Regulation
the mindset and quality of life in the surrounding               of the Minister of State-Owned Enterprises of
environment.                                                     the Republic of Indonesia No. PER-1/MBU/3/2023
                                                                 concerning Special Assignments and Social and
Information regarding BNI’s TJSL implementation                  Environmental Responsibility Programs of State-
program activities is as follows:                                Owned Enterprises.
1. Micro and Small Business Funding Program
   (PUMK)                                                        TJSL PUMK PROGRAM
   a. Focus on distributing in clustering by
      establishing synergistic cooperation with                  Based on the Letter of the Minister of SOEs No.
      BUMN/BUMD/Pemda that manage fostered                       S-721/MBU/11/2022 dated November 10, 2022, there
      partners or MSME actors;                                   are directions regarding the optimization of PUMK
   b. Cooperate with Community Empowerment                       funds, namely the appointment of PT Bank Rakyat
      Institutions (LPM) that foster MSME actors.                Indonesia Persero Tbk (BRI) as the manager of the
2. Social and Environmental Responsibility Program               PUMK Program Cooperation. Understanding this,
   (Non PUMK)                                                    BNI has signed a Cooperation Agreement between
   a. Distribute TJSL Program funds in accordance                BNI and BRI as the manager of the PUMK Program
      with the provisions;                                       Cooperation, namely PKS No. B.21/MBD/12/2022
   b. Collaborate      with     professional   and               and No. SBP/1/018 dated December 13, 2022 with a
      competent partners to organize community                   PKS period of 5 (five) years from 2022 to 2027. In
      empowerment programs;                                      accordance with the direction of the Minister of SOEs,
   c. Collaborate with community groups to                       the distribution of PUMK will be focused by BRI as the
      improve program quality;                                   manager of the PUMK Program Cooperation. When
                                                                 the validity period of the cooperation agreement
                                                                 has ended, BRI will return the balance of the PUMK
                                                                 Program funds owned (cash funds) and deposit the
                                                                 PUMK return funds in stages to BNI.



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  NON-PUMK TJSL PROGRAM

  BNI also implements a TJSL program divided into 4 (four) main pillars, namely Social, Environmental,
  Economic and Legal and Governance. In 2024, the achievement of budget absorption through the BNI TJSL
  program reached IDR129.9 billion or 100%. The realization of the BNI TJSL Program based on the Main Pillars
  and Sustainable Development Goals (TPB) is:

  Budget Realization of The TJSL Program Based On the 4 (Four) Main Pillars and Sustainable
  Development Goals (TPB) as of December 31, 2024
     No                          Tujuan Pembangunan Berkelanjutan (TPB)                                Realisasi (Rp Miliar)
   SOCIAL PILLAR
      1     TPB 1 (No Poverty)                                                                                                    3,3
      2     TPB 2 (Zero Hunger)                                                                                                  48,9
      3     TPB 3 (Healthy & Well-Being)                                                                                         15,7
      4     TPB 4 (Quality Education)                                                                                            24,0
            Sub Total                                                                                                            91,9
   ECONOMIC PILLAR
      1     TPB 7 (Affordable & Clean Energy)                                                                                     0,1
      2     TPB 8 (Decent Work & Economic Growth)                                                                                10,3
      3     TPB 9 (Industry, Innovation & Infrastructure)                                                                         5,3
      4     TPB 10 (Reduced Inequality)                                                                                           0,3
            Sub Total                                                                                                            16,0
   ENVIRONMENTAL PILLAR
      1     TPB 6 (Clean Water & Sanitation)                                                                                      3,1
      2     TPB 11 (Sustainable Cities & Human Settlements)                                                                      14,9
      3     TPB 12 (Consumption & Responsible Production)                                                                         0,3
      4     TPB 13 (Climate Action)                                                                                               0,2
      5     TPB 14 (Life Below Water)                                                                                             1,1
      6     TPB 15 (Life on Land)                                                                                                 2,5
            Sub Total                                                                                                            22,1
   Grand Total                                                                                                                  129,9



  ACTIVITIES, INVESTMENTS OR DONATIONS TO COMMUNITIES OR REGISTERED NON-
  PROFIT ORGANIZATIONS

  As part of its commitment to social responsibility, BNI has implemented various activities and investments
  that focus on community empowerment and support registered non-profit organizations. Through
  sustainable programs in various fields, BNI strives to provide a real positive impact on society. In addition,
  BNI also distributes donations and assistance to non-profit organizations that play a role in improving social
  welfare.

  PERFORMANCE OF SOCIAL AND ENVIRONMENTAL RESPONSIBILITY PROGRAMS

  BNI consistently implements sustainable finance and increases support for achieving the Sustainable
  Development Goals (SDGs), one of which is through the implementation of the TJSL activity program. BNI
  continues to strive to support the TBP achievement initiative as part of efforts to meet global sustainable
  development targets as stated in the formulation of the Sustainable Development Goals (SDGs) which
  include 17 goals. BNI, which acts as a financing institution, also has an understanding of the principles of
  sustainable development in order to create a better future.




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The achievements of BNI’s contribution or support to the TPB that are appropriate and relevant to BNI’s
activities and business fields are as follows:

Achievements of BNI’s TJSL Program Support to The Sustainable Development Goals (SDG)
  No      Sustainable Development Goals (SDG)                                   (SDG) BNI Achievement
  1     TPB 1 (No Poverty)                              Natural disaster emergency response assistance, including floods,
                                                        earthquakes, and volcanic eruptions throughout Indonesia.
  2     TPB 2 (Zero Hunger)                             Food security assistance for people in need throughout Indonesia.
  3     TPB 3 (Healthy & Well-Being)                    Health assistance, including ambulances and health infrastructure.
  4     TPB 4 (Quality Education)                       Education assistance, including scholarships and education
                                                        infrastructure.
  5     TPB 6 (Clean Water & Sanitation)                Clean water and sanitation assistance, including the provision of clean
                                                        water boreholes.
  6     TPB 7 (Energi Bersih & Terjangkau)              Renewable energy assistance, including street lighting using solar
                                                        panels.
  7     TPB 8 (Decent Work & Economic Growth)           Infrastructure assistance in supporting MSMEs, including MSME
                                                        equipment infrastructure.
  8     TPB 9 (Industry, Innovation &                   Infrastructure assistance, including roads and bridges.
        Infrastructure)
  9     TPB 10 (Reduced Inequality)                     Assistance in supporting the reduction of inequality, including
                                                        assistance to persons with disabilities.
  10    TPB 11 (Sustainable Cities & Human              Assistance for worship infrastructure for all religious communities.
        Settlements)
  11    TPB 12 (Consumption & Responsible               Assistance for responsible consumption, including the use of goods
        Production)                                     that are no longer used through the textile waste management
                                                        programme.
  12    TPB 13 (Climate Action)                         Assistance related to the impact of climate change, including waste
                                                        management programmes.
  13    TPB 14 (Life Below Water)                       Assistance related to marine ecosystems, including mangrove seedling
                                                        planting.
  14    TPB 15 (Life on Land)                           Assistance related to land ecosystems, including rhino and orangutan
                                                        conservation.


IMPLEMENTATION OF BNI’S TJSL PROGRAM

In accordance with ISO 26000, BNI administers the TJSL program using the CSV (Creating Share Value)
concept, which has the features of benefit and value sharing. This complies with Ministry of SOE Regulation
Number PER-1/MBU/03/2023. Therefore, it is anticipated that the TJSL program, which is run by BNI, will
have the greatest possible positive effects on social and environmental development, help the company
create value, and support the growth of more resilient and independent micro and small businesses in the
community.

Through work units spread throughout Indonesia, BNI is committed to community development and
environmental preservation activities in order to achieve the Sustainable Development Goals through the
BNI Berbagi Program.

Until December 31, 2024, BNI has implemented the TJSL program with a creating shared value approach,
with the following details:

              Program                                                    Impact to the Company
KAWAN BNI Program                       a. Strengthening the local economy to become BNI’s future customers;
                                        b. Community development so that they can enter the Company’s value chain.
                                        c. Helping Achieve SDGs
Pejompongan Flyover Canteen
Development Project                     a. Arrangement of UMK in the BNI building environment
                                        b. Development of UMK so that it can enter the Company’s value chain.
Swadharma Coffee Shop                   c. Helping to Achieve SDGs
Development Project
Equatorial Coffee Trail Program         a. Development & empowerment of coffee farmers who are BNI customers
                                        b. Helping to Achieve SDGs



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  Outstanding Programs                                                BNI Graduate Scholarship Program
  BNI remains committed to continuously innovating                    To implement the State-Owned Enterprises Social
  in the development of outstanding programs                          and Environmental Responsibility Program, BNI
  that deliver a positive impact on society and the                   launched a scholarship initiative aimed at promoting
  environment. Below is an overview of the key                        equal opportunities for all segments of society
  programs implemented by BNI as part of its TJSL                     to access higher education at the university level,
  activities in 2024.                                                 in alignment with Sustainable Development Goal
                                                                      (SDG) No. 4, which focuses on Quality Education.This
  Rumah BUMN                                                          program also serves to recognize the contributions
  The Rumah BUMN serves as a platform for the                         of TAD (Outsourced Workers) employees, including
  collaboration of State-Owned Enterprises (BUMNs)                    attendants, drivers, security guards, and cleaning
  in shaping the digital economy ecosystem by                         staff, who have dedicated their service to BNI.
  nurturing micro, small, and medium enterprises
  (MSMEs) to enhance their capacity and capabilities.                 MSME Certification
  MSMEs supported by Rumah BUMN receive                               BNI is committed to implementing a long-term
  empowerment tailored to their respective levels of                  program in developing MSMEs through MSME
  entrepreneurship. The presence of Rumah BUMN                        halal certification with a target of 1,000 MSMEs. The
  acts as a catalyst for MSMEs to elevate to the next                 implementation of MSME halal certification includes
  level, guiding them towards Go Modern (a shift in                   Pre-Audit or Certification Preparation, Product Halal
  entrepreneurial mindset), Go Digital (utilizing social              Examination and Halal Certification Application.
  media), Go Online (embracing e-commerce), and
  Go Global (preparing for exports). Currently, BNI                   Food Security Program
  operates 23 Rumah BUMN locations, which serve                       In 2024, the effects of El Niño will persist in Indonesia.
  as hubs for business development for over 6,215                     This climate phenomenon, marked by periodic
  MSME practitioners, providing more than 401                         warming of sea surface temperatures in the central
  training sessions and facilitating the acquisition                  and eastern tropical Pacific Ocean, brings a range
  of 4,580 legal permits (including PIRT, NIB, Halal                  of challenges to Indonesia, including drought, water
  Certification, and BPOM).                                           shortages, crop failures, and widespread forest and
                                                                      land fires. In response, BNI is more committed than
  KAWAN BNI Program                                                   ever to addressing issues related to food security
  Drawing inspiration from the word “Kawan,” which                    and hunger within the community.
  means friend or companion, BNI has created a
  community empowerment program called the                            As an implementation of food security, BNI
  Kawan BNI Program. Through this initiative, the                     distributes food packages packaged into special
  company strives to be a friend/companion to the                     programs, namely the food security program in the
  community, working collaboratively to maximize                      context of the Month of Ramadan 1445 H and the
  the impact of community empowerment programs                        food security program in the context of handling the
  and projects, ultimately enhancing the quality of life              impact of El Nino in Indonesia.
  for the people.
                                                                      The implementation of this program is by distributing
  The Kawan BNI Program targets villages throughout                   food packages to the community throughout BNI’s
  Indonesia to develop superior businesses from                       work area routinely every year through a series of
  each village. This program aims to improve the                      religious holiday celebrations.
  economic capacity of the community. BNI continues
  to provide contributions and support to develop                     In 2024, BNI distributed a total of 619,362 food
  potential (Economy, HR) so that they can become                     packages. This includes 78,000 packages allocated
  independent villages and add/create jobs for the                    for various distribution programs, with 541,362
  surrounding community.                                              packages provided as part of the 1445 H Ramadan
                                                                      Month initiative, alongside additional assistance
  Throughout 2024, BNI will develop 4 Kawan BNI                       aimed at mitigating the impact of El Nino and other
  Program, namely Wringin Putih Village (Banyuwangi,                  related challenges.
  East Java), Ponggok Tourism Village (Klaten, Central
  Java), Lembah Asri Tourism Village (Purbalingga,
  Central Java) and Bubu Attagamu Village (East
  Flores, NTT).




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The distribution of food packages through various                In 2024, several regions in Indonesia will experience
institutions has been coordinated with local                     a clean water crisis due to extreme drought, people
governments to ensure accurate data collection on                rely on water from springs, but currently the water
the underprivileged individuals who are eligible to              discharge is decreasing and coupled with the effects
receive assistance. The impact of this food security             of a long drought, these springs are unable to meet
program extends beyond providing essential aid;                  the community’s water needs, BNI is committed
it fosters a sense of joy, alleviates the hardships of           to supporting the provision of clean water and
vulnerable communities -particularly those affected              sanitation by providing clean water assistance from
by El Nino in Indonesia - and contributes to the                 drilled wells in several affected areas of Indonesia
overall improvement of community welfare.                        such as Purwokerto, Serang Pandeglang & Cilegon -
                                                                 Banten, and Bogor - West Java.
All food package distribution activities carried out
by BNI pay attention to the principle of caution                 BNI also provides assistance in the form of clean
in their distribution so as not to provide double                water and sanitation in the Banyuwangi Region -
assistance to the basic food assistance provided by              East Java in the form of assistance such as making
the government.                                                  drilled wells (clean water) and toilets for fishermen
                                                                 in the coastal areas of East Java.
Cataract Surgery Program
Cataracts are the leading cause of blindness                     Health Infrastructure
worldwide, yet they are preventable. The estimated               In 2024, BNI distributed 59 ambulance units across
incidence of cataracts is 0.1% per year, meaning one             Indonesia. This ambulance assistance is provided in
in every 1,000 people develops cataracts annually.               collaboration with licensed agencies in the social
                                                                 and health sectors, ensuring that the services
Given the data on the prevalence of cataracts,                   reach the intended communities. The ambulances,
it is a shared responsibility among all parties,                 supported by BNI, are offered free of charge,
including the Government, to work together to                    primarily benefiting the underprivileged.
prevent blindness caused by this condition. BNI
recognizes that cataracts can significantly impact an            As part of its BNI Berbagi health sector initiative, BNI
individual’s ability to perform daily activities. While          has also supported the operations of the Waluya II
surgery can remedy the condition, not everyone has               Ship Hospital (RS) in conducting cataract surgeries
access to quality healthcare facilities. In response,            in remote locations, particularly on isolated islands.
BNI has partnered with the Pundi Amal Peduli Kasih               The need for assistance arose from the requirement
Foundation (YPP), SCTV, and Indosiar to launch                   to transport medical equipment from external areas
the BNI Berbagi Program, which provides cataract                 to support the ship’s hospital services. To address
surgeries across four locations in Eastern Indonesia,            this, BNI provided essential medical equipment
with a target of 450 surgeries during the 2023-2024              for cataract surgeries, contributing to the delivery
period.                                                          of healthcare services to communities aboard the
                                                                 Nusa Waluya II Ship Hospital (Tongkang).
Waste Management Program
Waste management, particularly household and                     Worship Facilities
tourism-related waste, remains a significant issue               In its efforts to build a nation with strong character and
that requires ongoing attention. In response, BNI                promote sustainable environmental development,
has contributed by providing waste management                    BNI also contributes to the construction and
infrastructure in key tourist destinations, including            renovation of places of worship across its
Likupang in North Sulawesi, as well as Cikole                    operational areas. BNI provides support for these
Lembang and Cipanas Puncak in West Java.                         places of worship by offering infrastructure and
Additionally, BNI has supported the development                  essential facilities, ensuring that these spaces are
of sanitation facilities in the Nusantara Capital City           conducive to the spiritual needs of diverse religious
(IKN) - West Kalimantan.                                         communities.

Clean Water Management Program                                   In 2024, BNI successfully assisted 123 places of
Provision of Clean Water and Sanitation Facilities               worship across various religions, located throughout
Clean water and sanitation are basic human needs.                its operational areas, including West Sumatra,
Due to climate change, water has become a primary                Bengkulu, Java, Bali, Maluku, and more. The
need for the community due to water shortages.                   tangible impact of this program includes fostering
                                                                 sustainable cities and communities, enhancing and
                                                                 refurbishing places of worship, and reinforcing




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  BNI’s commitment and responsibility towards the                     online gambling. This program aims to improve
  surrounding communities. The support provided                       financial literacy, make teachers role models, and
  also contributes to creating a more comfortable and                 build early awareness for students in wise and
  secure environment for congregations, facilitating                  inclusive financial management.
  their worship activities with peace of mind.
                                                                      Public Facilities and Infrastructure Assistance
  Educational Facilities                                              Road Repair, Embankment Concrete, Food Court,
  In 2024, BNI participated in efforts to create quality              Street Lighting (renewable energy), Sports Facilities
  and quality education through assistance to 86                      and Infrastructure, and Bridges.
  schools or educational institutions in BNI’s working
  areas, such as the construction of school buildings,                Emergency Response to Natural Disasters
  construction/renovation of classrooms, training,                    Throughout 2024, natural disasters such as volcanic
  provision of Information and Communication                          eruptions, flash floods, and landslides occurred
  Technology (ICT) facilities and infrastructure,                     in several regions of Indonesia, including West
  provision of supporting learning facilities and                     Sumatra, West Java, West Kalimantan, East Nusa
  infrastructure, provision of educational props, and                 Tenggara, and South Sulawesi, impacting the lives of
  others.                                                             local communities. Through its BNI Berbagi Disaster
                                                                      Response Program, BNI has provided assistance
  As another implementation in an effort to create                    to 34 disaster-stricken locations across Indonesia.
  quality education, BNI also distributed Educational                 This support included the distribution of essential
  Equipment Packages for the Underprivileged in                       supplies such as food packages, cooking equipment,
  a Special Program, namely Christmas Day, by                         children’s necessities, and other vital items to help
  distributing 17,000 educational packages throughout                 those affected by the disasters.
  BNI’s work areas.
                                                                      Stunting Reduction Program and Nutritious
  The assistance that BNI has provided is spread                      Food
  throughout Indonesia, including West Java, Central                  In line with the government’s focus on accelerating
  Java, East Java, Bali, Riau, North Sumatra, and                     the reduction of Stunting Prevalence in Indonesia,
  Maluku. The assistance that has been provided                       BNI also supports this policy by implementing
  is expected to increase comfort for students and                    various programs to improve nutrition, which
  teachers in carrying out teaching and learning                      are divided into short, medium and long-term
  activities which are expected to participate in                     plans. Until now, various programs have been
  creating superior students in the future.                           implemented, including:
                                                                      1. Toddler Food Package Assistance
  Teacher Certification Program, as and Financial                     2. Food Package for Pregnant and Breastfeeding
  Literacy and Education                                                  Mothers Assistance
  In this initiative, BNI implemented a teacher                       3. Provision of Nutritious Lunch
  certification program across five provinces: DKI                    4. Posyandu Cadre Training
  Jakarta, Pekanbaru, East Kalimantan, Bali, and                      5. Stunting PreventionTraining for Pregnant Women
  East Nusa Tenggara (NTT), with 1,000 teachers
  from 513 schools participating. This six-month                      The implementation of the program was carried out
  program aims to support the Ministry of Education,                  in various regions, namely Tasikmalaya, Jombang,
  Culture, Research, and Technology’s mission to                      Sidoarjo, DKI Jakarta, Semarang and Tegal. In the
  enhance teachers’ capabilities. The program equips                  future, BNI continues to be committed to supporting
  teachers with digital technology skills, creating a                 government policies to encourage nutritional
  lasting positive impact on the education sector. As                 improvements in Indonesia.
  an added benefit, teachers will not only receive a
  nationally recognized certificate from the Ministry of              Support for Geopark Area
  Education, but also an international certification, the             According to UNESCO, a Geopark is an area that
  Microsoft Certified Educator, from Microsoft.                       contains outstanding geological features, including
                                                                      archaeological, ecological, and cultural values,
  During the program, BNI also implements a financial                 where local communities are actively involved in
  education program in collaboration with the OJK.                    protecting and enhancing the function of natural
  Educational materials include financial planning,                   heritage. The Ijen Geopark, or Ijen Earth Park, has
  the dangers of illegal online loans, and preventing                 officially joined the UNESCO Global Geoparks
                                                                      Network. This designation was made during the 10th
                                                                      UNESCO Global Geopark International Conference




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in Marrakesh, Morocco. Meanwhile, the Rinjani                    In addition to Banyuwangi, BNI through the BNI Go
Geopark has also been recognized by UNESCO as                    Green Program carries out nursery, planting and
part of Indonesia’s Geopark network. Located on                  maintenance activities on land that needs to be
Lombok Island, this Geopark encompasses Mount                    rehabilitated by involving the role of the community.
Rinjani, the second-highest volcano in Indonesia.                BNI has reforested 167,347 trees in Indonesia
The Rinjani Lombok Geopark’s status as a member                  throughout 2024.
of the Global Network was officially announced on
April 12, 2018.                                                  Endangered Animal Conservation Program
                                                                 Banking activities do not have a direct impact
BNI supports the development of Geoparks by                      on environmental conservation or biodiversity.
facilitating the provision of camera traps, building             However, BNI remains committed to supporting
prayer rooms, renovating toilets, managing waste,                the endangered fauna conservation movement in
and making other improvements aimed at ensuring                  Indonesia. Biodiversity conservation plays a major
the safety and comfort of hikers.                                role in helping the environmental ecosystem and
                                                                 reducing emissions produced.
Environment: Optimizing the Role to Protect
the Earth                                                        Javanese Rhino Conservation
As a form of social concern and responsibility, BNI              BNI continues its commitment to preserving
always strives to provide a positive impact on the               Indonesia’s biodiversity, particularly the Javan
environment by increasing the carrying capacity                  Rhino, a mission it has pursued in previous years. In
of the ecosystem and protecting flora and fauna                  2024, BNI sustained its support for the conservation
species.                                                         of the Javan Rhino in collaboration with the Ministry
                                                                 of Environment and Forestry, Ujung Kulon National
Employee Volunteering Program                                    Park Authority, and the Integrated Forest Alliance
In implementing CSR activities, BNI encourages its               (ALeRT). This support includes the establishment of
employees to be involved in donating their time                  the Field School for Buffalo Livestock Management
and thoughts voluntarily. The implementation of                  (SLPTK) and the continuation of Genetic Mapping of
this program has the following objectives: fostering             Individual Javan Rhinos. Both initiatives are crucial
togetherness among employees in helping the                      for ensuring the survival of the Javan Rhino in Ujung
community, increasing employee loyalty to the                    Kulon National Park (TNUK).
company, creating a better work environment.
                                                                 Kalimantan Orangutan Conservation
CSR programs that involve employees include the                  The orangutan and many other species in the
Tree Planting Program. In addition, the involvement              tropical forests of Borneo are now facing the threat
of BNI Hi Movers in the TJSL Program is also in the              of extinction. The challenges they face are complex,
food security program and the Religious Holiday                  with deforestation being one of the primary causes.
Program, namely by cleaning, and participating in                The survival of Bornean orangutans is under severe
revitalizing places of worship.                                  threat, and the declining population poses a risk to
                                                                 the balance of the forest ecosystem.
Critical Land Rehabilitation Program in Teluk
Pangpang, Banyuwangi                                             Recognizing this critical situation, BNI continues to
To support the preservation of mangrove forests                  support orangutan conservation efforts in Indonesia.
with all their benefits, BNI planted +/- 165,000                 In collaboration with the Ministry of Environment
mangrove seedlings in an area of ​​50 hectares (Ha) in           and Forestry (KLHK), BNI, and the Borneo Orangutan
Teluk Pangpang, Wringin Putih Village, Banyuwangi.               Survival Foundation (BOSF), BNI is working to
Planting these mangrove seedlings not only                       ensure the preservation of the Bornean orangutan
improves the marine ecosystem, but also provides                 (Pongo pygmaeus) at the Samboja Lestari Orangutan
economic benefits to the village community, most                 Rehabilitation Center in Kutai Kartanegara, East
of whom depend on marine products for their                      Kalimantan. The rehabilitation of critical land and
livelihoods. Not only planting, BNI is also actively             the ongoing care program, which spans five years,
involved in caring for the growth of mangrove trees              is expected to contribute to BNI’s commitment to
together with local residents for 3 years.                       achieving its Net Zero Emission goals.




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  Textile Waste Processing                                            The implementation of the PUMK program seeks
  As a form of concern for the environment, the                       to provide micro and small businesses with easy
  Employee Textile Waste Management program or                        access to capital, while also offering guidance to
  Uniform Disposal Program is designed to handle                      strengthen their resilience and promote long-term
  textile waste, especially employee uniforms that are                independence. BNI distributes the PUMK Program
  still suitable for use. This program aims to reduce                 through soft loans to current fostered partners, with
  the pile of textile waste that ends up in the Final                 an administration fee of 3% per effective year of the
  Disposal Site (TPA) by implementing the principles                  loan limit. The loans are distributed in the following
  of Donate, Recycle, and Upcycle, in accordance with                 forms:
  TPB No. 12, namely Consumption & Responsible                        1. Loans to finance working capital and/or purchase
  Production                                                             of fixed assets in order to increase production
                                                                         and sales;
  The Uniform Disposal Program not only focuses                       2. Special loans to finance the funding needs
  on textile waste management, but also provides                         for implementing fostered partner business
  a social impact on the community. Through this                         activities which are additional and short-term
  program, 21.6 tons of employee uniform waste were                      loans in order to fulfill orders from fostered
  managed and produced three outputs, with the                           partner business partners;
  following details:                                                  3. Development Expenses:
  1. Donate: 5.3 tons of clothing that passed the                        a. To finance education, training, internships,
      quality test for reuse were distributed to                             marketing, promotions, and other matters
      underprivileged communities in 7 cities in                             relating to increasing the productivity of
      Indonesia, so that the production of 39,984 new                        fostered partners as well as for studies/
      textiles was successfully prevented.                                   research related to the Small and Micro
  2. Recycle: A total of 15.3 tons of textiles that did                      Business Funding Program (PUMK);
      not pass the quality control test were destroyed                   b. Development expenses are in the form of
      and further processed into recycled fabrics, Ja-                       grants and the maximum amount is 20% of
      Brick for home decor, and insulators.                                  the Partnership Program funds distributed in
  3. Upcycle: A total of 1.12 tons of textiles in a                          the current year;
      condition of less than 60% eligibility were utilized               c. Development Expenses can only be given to
      for further processing into value-added products,                      or for the benefit of fostered partners.
      such as shoes, etc.
                                                                      Pursuant to the Letter of the Minister of SOEs No.
  Through this program, BNI supports the creation of                  S-721/MBU/11/2022 dated November 10, 2022, there
  a circular economy and provides real benefits for                   are directives regarding the optimization of PUMK
  the underprivileged community in Indonesia.                         funds, namely the appointment of PT Bank Rakyat
                                                                      Indonesia (Persero) Tbk (BRI) as the manager of
  Micro and Small Business Funding and                                the PUMK Program Cooperation. Based on this, a
  Guidance Program                                                    PKS has been signed between BNI and BRI as the
                                                                      manager of the PUMK Program Cooperation, namely
  Micro and Small Business Funding Program                            PKS No. B.21/MBD/12/2022 and No. SBP/1/018 dated
  The PUMK program is an initiative within BNI’s                      December 13, 2022 with a PKS period of 5 (five)
  TJSL activities, designed to improve the quality of                 years from 2022 to 2027. In accordance with the
  life in local communities by fostering the growth                   direction of the Minister of SOEs, the distribution of
  of micro and small businesses in partnership with                   PUMK will be focused by BRI as the manager of the
  the community. This program is implemented in                       PUMK Program Cooperation.
  accordance with the Regulation of the Minister
  of SOEs No. PER-05/MBU/04/2021, dated April                         Micro and Small Business Guidance Program
  20, 2021, regarding the Social and Environmental                    BNI’s fostered partners are micro and small business
  Responsibility Program of State-Owned Enterprises,                  owners who lack technical familiarity with banking
  as well as its subsequent amendment, the Regulation                 due to limited access to loans. These businesses
  of the Minister of SOEs No. PER-6/MBU/09/2022,                      operate across various formal and informal sectors,
  dated September 15, 2022. Since its inception in                    playing a crucial role in the real economy. It has been
  2017, the BNI PUMK program has been overseen by                     proven that the micro and small business segments
  the Business Program Division.                                      are more resilient to economic crises. BNI aims to




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help these fostered partners enhance their business              partners is part of theTJSL fund distribution program
activities, capital, entrepreneurial mindset, access to          that is being implemented. The distribution of this
banking services, business administration, product               fostering fund is directed to increase the capacity of
quality, and market reach.                                       fostered partners.

BNI consistently provides guidance to its fostered               Information on The Financial Report of The Micro
partners, who are micro and small business owners,               and Small Business Funding Program (PUMK)
to help them improve their business governance and               In accordance with Article 33, Paragraph 2 of the
achieve better operational standards. By doing so,               Regulation of the Minister of State-Owned Enterprises
these partners are expected to become key drivers                of the Republic of Indonesia No. Per-1/MBU/03/2023
of economic growth in their local communities.                   concerning Special Assignments and the Social and
                                                                 Environmental Responsibility Program, the annual
Based on the Regulation of the Minister of                       financial report of the UMK Funding Program must
SOEs No. PER-05/MBU/04/2021 dated April 20,                      undergo an audit by a public accounting firm.
2021 concerning the Social and Environmental                     For the fiscal year ending December 31, 2024, the
Responsibility Program of State-Owned Enterprises,               audit of the PUMK Program Financial Report was
and its amendments, namely the Regulation of the                 conducted by the Public Accounting Firm Rintis,
Minister of SOEs No. PER-6/MBU/09/2022 dated                     Jumadi, Rianto & Partner (formerly KAP Tanudiredja,
September 15, 2022, the fostering fund for fostered              Wibisana, Rintis & Partner and a member firm of the
                                                                 PricewaterhouseCoopers network).




AWARDS FOR SOCIAL AND ENVIRONMENTAL RESPONSIBILITY PROGRAM IN 2024

The awards received by BNI throughout 2024 for the implementation of the TJSL program are as follows:

          Name of Award                        Date                                     Organized by
Most Impactful Program on              October 24, 2024      Investortrust.id & Bumi Global Karbon Foundation
Environment
Integrity & Tranparancy in Impact      October 24, 2024      Investortrust.id & Bumi Global Karbon Foundation
Award
SROI Excellent Award                   October 24, 2024      Investortrust.id & Bumi Global Karbon Foundation
Top Corporate Donors –                 November 15, 2024     YPP SCTV Indosiar
Healthcare Category



IMPLEMENTATION OF SROI FOR BNI BERBAGI PROGRAM

To assess the social impact and evaluate the implementation of the BNI BERBAGI Program, BNI has calculated
the Social Return on Investment (SROI) for its TJSL Program. In 2024, BNI measured the impact of various
programs and projects, including:
1. Borehole in Gunung Kidul (DIY), Score 3.54
2. BUMN House Bekasi (West Java), Score 2.62
3. Waste Management Program in Bogor (West Java), Score 2.20




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  Special
  Assignment

  As SOE, BNI may receive Special Assignments from                        c. Temanggung Regency: Final Score 84.13
  the Central Government to carry out public benefit                         (Excellent)
  functions as well as national research and innovation,                  d. Jember: Final Score 78.5 (Very Good)
  in line with the Regulation of the Minister of SOE of the
  Republic of Indonesia No. PER-1/MBU/03/2023 dated                   BNI Jejak Kopi Khatulistiwa has been running in
  March 3, 2023 concerning Special Assignments and                    5 locations, namely Garut Regency (West Java
  Social and Environmental Responsibility Programs                    Province), Rejang Lebong Regency (Bengkulu
  of State-Owned Enterprises.                                         Province), Temanggung Regency (Central Java
                                                                      Province), Jember Regency (East Java Province) and
  BANKING SERVICES (FINANCING,                                        Humbang Hasundutan Regency (North Sumatra
  TRANSACTIONS, AND AGENCIES) IN THE                                  Province).
  COFFEE PLANTATION ECOSYSTEM IN THE
  PMO KOPI NUSANTARA ECOSYSTEM                                        Referring to the letter DPS/X/1566/2023 dated May
                                                                      23, 2023BNI is part of the Nusantara Coffee PMO
  Indonesia is one of the world’s largest coffee                      together with SOE and related stakeholders in the
  producers, following Brazil, Vietnam, and Colombia.                 Nusantara coffee commodity. This program is an
  While the country has significant potential to                      extension of the Social Forestry Program initiated by
  become the leading coffee producer, it faces                        BNI since 2017. The Jejak Kopi Khatulistiwa program
  several challenges, including low productivity,                     is considered aligned with environmental aspects,
  poor processing quality, lack of added value, and                   the proper use of forest land, financial inclusion, and
  underutilization of suitable land.                                  through its coffee products and unique flavors, it has
                                                                      the potential to open up opportunities for MSMEs
  BNI Jejak Kopi Khatulistiwa is designed to address                  to go global. Through the synergy of this program,
  these challenges, which is a social forestry initiative             BNI aims to increase coffee productivity, which in
  focused on economic empowerment for local                           turn will have a positive impact on the welfare of the
  communities through the creation of a green                         stakeholders in Indonesia’s coffee ecosystem.
  financing ecosystem for coffee farmers and coffee
  industry stakeholders, establishing a closed-loop                   By the end of 2024, the total distribution of People’s
  financial ecosystem. In forming a close loop financial              Business Credit (KUR) in the Jejak Kopi Khatulistiwa
  ecosystem from coffee farming stakeholders, BNI                     program is IDR67.2 billion for 525 farmers. The
  JKK includes 3 processes, namely:                                   distribution of Jejak Kopi Khatulistiwa KUR is part
  1. Digitalization of on-farm, off-farm and online                   of BNI’s Social Forestry KUR acquisition. As of
     market processes to realize UMKM Go Digital;                     December 31, 2024, the total distribution is IDR260.04
  2. On-farm and off-farm coaching so that an                         billion for 10,467 social forest farmers.
     environmentally friendly process occurs to
     realize Go ESG;                                                  FINANCING FOR MSMES THROUGH LOW-
  3. Grading to connect with the international market                 INTEREST LOANS
     to realize UMKM Go Global, an assessment of
     coffee specifications is carried out including                   In collaboration with the Indonesian government, BNI
     aroma, flavor, after taste, acidity and other                    distributes People’s Business Credit (KUR) to support
     characteristics with the following results:                      the growth of MSMEs. For the 2024 fiscal year, BNI
     a. Garut Regency: Final Score 84.25 (Excellent)                  aims to allocate IDR18 trillion for KUR distribution,
     b. Rejang Lebong Regency: Final Score 81.5                       as outlined in the Letter from the Coordinating
        (Excellent)                                                   Ministry for Economic Affairs of the Republic of
                                                                      Indonesia No. B/KUR/326/D.I.M.EKON/12/2022 dated
                                                                      December 28, 2023.




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To optimize the absorption of the National KUR ceiling and ensure the achievement of BNI’s KUR distribution
targets, it was determined that BNI’s KUR distribution target for 2024 would be IDR12 trillion, as confirmed
by the Letter from the Coordinating Ministry for Economic Affairs of the Republic of Indonesia No. B/
PK.KUR/153/D.I.M.EKON/09/2023 dated September 25, 2023.

The goal of KUR distribution is to assist small entrepreneurs by providing access to capital and fostering
business development. By the end of 2024, BNI has provided KUR financing totalling IDR11.91 trillion,
achieving 99.3% of the contribution target set by the Indonesian Government.

Distribution of KUR per Type of KUR as of December 31, 2024
          Type of KUR               Number of Debtors      Maximum Credit (Rp Billion)       Target (Rp Billion)    Achievements
Supermicro                                            21                              0,2                     0,5            40%
Micro                                              9,707                            720,9                   740,5           97,4%
Small                                             43,365                         11.165,5                11.220,0           99,5%
PMI                                                  982                             26,0                      39           66,6%
Total                                             54,075                         11.912,5                 12.000            99,3%

KUR Distribution Based on Economic Sector as of December 31, 2024
                         Economic Sector                              Number of Debtors         Maximum Credit (Rp Billion)
Manufacturing Industry                                                              3,204                                     724
Services                                                                            9,702                                   2,151
Trade                                                                              32,569                                   7,322
Fisheries                                                                             470                                     104
Agriculture                                                                         8.130                                   1,612
Total                                                                              54,075                                  11,913



DISTRIBUTION OF SOCIAL ASSISTANCE
                                               Year of           Government                                Realization per
               Legal Basis                                                        Compensation
                                            Commencement         Assignment                               December 31, 2024
•   Law No. 7 of 1992                             2015       Distribution       Disbursement          Number of Recipients:
•   Regulation of the Minister of Finance                    of Smart           of aid allocation     4,029,752
    No. 254/PMK.05/2015                                      Indonesia          funds sourced         Nominal:
•   PMK No. 228/PMK.05/2016                                  Program Social     from the APBN to      IDR6,314,403,600,000
•   Presidential Regulation No. 63 of                        Assistance (PIP)   the beneficiary's
    2017                                                     by the Ministry    account.
•   OJK Circular Letter No. S-15/                            of Education,
    PP.1/2017 dated June 7, 2017                             Culture,
•   Regulation of the Minister of                            Research and
    Education No. 10 of 2020                                 Technology of
•   Decree of the Ministry of Education                      the Republic of
    and Culture No. 20 of 2023                               Indonesia
•   Addendum III of the Cooperation               2015       School                                   Number of Recipients:
    Agreement between the Ministry of                        Operational                              5,173
    Education and Culture and BNI No.                        Assistance                               Nominal:
    316/PLPP.3/KU/I/2024 & BNI Number:                       (BOS)                                    IDR256,279,838,774
    INS2/001.1/PKS/2024 dated January
                                                  2019       Distribution                             Number of Recipients:
    19, 2024
                                                             of Smart                                 324,319
•   Addendum to the Cooperation
                                                             Indonesia Card-                          Nominal:
    Agreement for the Distribution
                                                             College Social                           IDR2,750,330,458,560
    of Education Cost Assistance for
                                                             Assistance
    the Smart Indonesia Card (KIP
                                                             (KIP-K) by the
    Kuliah) and the PKS Outstanding
                                                             Ministry of
    Scholarship No. 1143/J5/
                                                             Education,
    KU.01.02/2022 & BNI Number: HLB-
                                                             Culture,
    2/017/PKS/2022 dated August 8, 2022
                                                             Research and
•   PKS Banking Services in the context
                                                             Technology of
    of the Distribution of Various
                                                             the Republic of
    Allowances for Teachers, Other
                                                             Indonesia
    Educators, and Non-Civil Servant
    Education                                     2019       Outstanding                              Number of Recipients:
                                                             Scholarships                             10,003
                                                                                                      Nominal:
                                                                                                      IDR155,602,142,926




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                                                  Year of              Government                                 Realization per
                   Legal Basis                                                          Compensation
                                               Commencement            Assignment                                December 31, 2024
   •   PKS for the Distribution of Funds for          2020            Distribution                           Number of Recipients:
       the Micro Credential Non-Degree                                of Teacher                             391,726
       Competency Development Program                                 Allowances                             Nominal:
       No Manual.075/B5/GT.01.15/2024 &                                                                      IDR2,750,330,458,560
       BNI No: INS2/022/PKS/2024 dated                2023            Secondary                              Number of Recipients:
       July 8, 2024                              (distribution        Education                              2,084
   •   PKS for the Distribution of              until Feb 2024)       Affirmation                            Nominal:
       Government Assistance Funds for                                                                       IDR52,605,397,869
       Community Education and Special
                                                      2024            Elementary                             Number of Recipients: 249
       Education for Fiscal Year 2024 No.
                                                                      School                                 Nominal:
       07.25.021/C6-PPK/KU.01.02/2024 &
                                                                      Government                             IDR4,900,000,000
       BNI No: INS2/026/PKS/2024 dated
                                                                      Assistance
       July 25, 2024
   •   PKS for the Distribution of Funds              2024            Secondary                              Number of Recipients: 544
       for Emergency Response and Post-                               and Special                            Nominal:
       Disaster Recovery Assistance for                               Education                              IDR20,597,200,000
       Elementary Schools No. 16087/C3.3/                             Government
       BP2.03/VII/PKS.RKD/2024 & PKS                                  Assistance
       No. INS2/022.1/PKS/2024 and No.                2024            Microcredential                        Number of Recipients: 100
       INS2/022.2/PKS/2024 dated July 8,                              Assistance                             Nominal: IDR819,200,000
       2024                                           2024            Belmawa                                Number of Recipients:
                                                                      Assistance                             2,491
                                                                                                             Nominal:
                                                                                                             IDR143,496,461,228



  PERTASHOP PROGRAM WORKING TEAM                                           supply chain. This collaborative effort aims to secure
  PMO PERTASHOP                                                            support for implementing advanced technologies to
                                                                           enhance productivity, availability, and quality within
  Based on the Decree of the Minister of SOEs No. 008/                     the sector.
  PMO-TPIP/VII/2024 dated July 26, 2024, concerning
  the Assignment of the Pertashop Program Working                          KPR GRIYA FLPP (SUBSIDIZED MORTGAGE)
  Team, this program was initiated by Pertamina as a
  solution to increase fuel accessibility in remote areas                  BNI and the Ministry of State for Public Housing
  in Indonesia. In order to support the acceleration                       formalized a partnership through a Joint Agreement
  of the implementation and marketing of Pertashop                         (MoU) No. 02/SKB/DP/2010-DIR/071 and an
  products, the Ministry of SOEs has assigned the                          Operational Work Agreement (PKO) No. 27/SM.6/
  Pertashop PMO Program Working Team to BNI.                               HK.02.04/10/2010-DIR/072, signed on October 25,
                                                                           2010. This collaboration pertains to the distribution
  UMKM ACCELERATION WORKING GROUP                                          of Housing Financing Liquidity Facility (FLPP)
                                                                           funds. Under this agreement, BNI is entrusted
  Based on the Decree of the Director General of                           with providing housing credit facilities to Low-
  Strengthening the Competitiveness of Marine and                          Income Communities (MBR), facilitated through the
  Fishery Products Number 51 of 2024 concerning the                        Government-supported Housing Financing Liquidity
  Working Group for Acceleration of Empowerment                            Facility (FLPP) program, known as KPR BNI Griya
  of Micro, Small, and Medium Enterprises (MSME)                           FLPP.
  in the Marine and Fishery Sector, the establishment
  of the MSME Acceleration Working Group aims to                           KPR BNI Griya FLPP is a manifestation of BNI’s
  expand access and increase the effectiveness of                          commitment to supporting government programs in
  program credit distribution in the marine and fishery                    the field of providing housing needs for low-income
  sector.                                                                  communities (MBR). Until the end of 2024, BNI has
                                                                           realized the distribution of the KPR BNI Griya FLPP
  COFFEE AND COCOA COMMODITY                                               budget of IDR12,127 billion. The strategies carried
  BUSINESS DEVELOPMENT TEAM                                                out to support the expansion of KPR Griya FLPP until
                                                                           the end of 2024 include:
  Under the Decree of the Minister of State-Owned                          1. BNI provides appreciation/rewards to subsidized
  Enterprises (SOEs) Number SK-272/MBU/11/2024,                               developers;
  a Coffee and Cocoa Commodity Business                                    2. In encouraging the absorption of BNI Griya FLPP,
  Development Team has been established with a                                BNI collaborates with the Developer Association,
  mission is to foster an inclusive and sustainable                           subsidized developers, and conducts socialization
  coffee and cocoa commodity business by facilitating                         to the regions by involving external and internal
  collaboration among various stakeholders in the                             stakeholders.


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09
ESG
Commitment
BNI 2024 Environment, Social, and Governance
                                                 1172
(ESG) Performance Highlights
BNI 2024 ESG Development Expectation Setting
                                                 1173
Meeting (ESM)
ESG Implementation Commitment                    1176
BNI ESG Risk Management                          1178
Persons Responsible for ESG Implementation at
                                                 1182
BNI
BNI’s ESG Implementation Supervision and
                                                 1184
Evaluation
Implementation of Sustainable Finance In
                                                 1185
Subsidiary Companies
ESG Index: BNI Sustainability Practice Summary   1192




ESG
Commitment
Page 570

          
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BNI Environmental,
Social, and Governance (ESG)
Performance Highlights 2024
 RATING ESG
         MSCI            Sustainalytics                Sri Kehati              ESG Sectors Leaders                    Quality 45
                                                                                   IDX Kehati                         IDX Kehati

           A

         (BBB)         (23.2 (Medium Risk))         December 2024-                   December 2024-                December 2024-
                                                    May 2025 Period                  May 2025 Period               May 2025 Period




AWARDS

Asia Sustainability Report Rating                     Anugerah ESG Republika                           ESG Appreciation Night B
         (ASRRAT) 2024                                        2024                                          Universe 2024




           Gold Rank Predicate                            Sustainability Reporting                     Most Appreciated ESG Report


       ESG Appreciation Night B                         Investor Daily ESG                                Investor Daily ESG
            Universe 2024                             Appreciation Night 2024                           Appreciation Night 2024




             ESG Lowest Risk                        Appreciated Circular Economy ESG                   Appreciated Diversity Inclusivity
                                                                 Report                                         ESG Report


         Investor Daily ESG                                 KATADATA ESG                          Corporate Governance Perception
       Appreciation Night 2024                               Awards 2024                             Index (CGPI) Awards 2024




       Most Appreciated ESG Report                   Finance Sector: Social Champion                     The Most Trusted Company



1172      Transforming the Future, Empowering Indonesia
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         Practices           Governance             Responsibility          Commitment        Statements




  Development of BNI LST
  Implementation 2024

  ENVIRONMENTAL ASPECT

  a. Financing:
     1. BNI’s green financing (KUBL) distribution reached IDR73.4 trillion, accounting for 9.6% of the Bank’s
        total credit (bank-only basis), marking a year-on-year growth of 8.12%.
     2. Sustainability Linked Loan (SLL) distribution of IDR6.0 trillion
     3. BNI has utilized 87.26% of the proceeds from its Environmentally Conscious Bonds issued in 2022. The
        funds were allocated to green projects that meet the eligibility criteria for financing and have been
        validated by an Environmental Expert through a Second Party Opinion (SPO). This opinion confirms
        the positive environmental contributions of these projects. The allocation details for these green
        bonds are as follows.


      Allocation Portion
      (%)                              53.10
                       7.86


                                                                           Renewable Energy
                                                                           Green Transportation
               18.29           2024                                        Green Building
                                                                           Waste to Energy and Waste Management
                                                      7.70                 Sustainable Use of Natural Resources and Land Use
                   13.05



          The remaining 12.74% of the green bond distribution is allocated to other KUBL in accordance with
          POJK 60/2017.

          The positive environmental impacts of the use of green bond funds by debtors are as follows:




                                                                      Total GHG
                                                                  emission reduction
                                                                  233,748.99 tCO2eq


                                               Waste                                            Clean energy
                                             Management                                           produced
                                         150,410 ton/year                                     54,355.2 MWh




                                                  Preservation                         Savings in energy
                                                  of land areas                          consumption
                                                  314,387 ha                            1,568,897 GJ




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      Further details on the projects financed                      4. Two of BNI’s Head Office buildings have
      through BNI Green Bonds and their reported                       achieved Building certification, namely
      environmental impacts are available in the                       Menara Pejompongan BNI with Gold
      BNI Green Bond Report 2024. This report                          Certification and Plaza BNI with Platinum
      can be accessed on the BNI website under                         Certification
      the Environment, Social, and Governance                       5. Installation of solar panels with a capacity
      (ESG) section: https://www.bni.co.id/en-us/                      of 2,200 watts for lighting on the emergency
      company/bni-esg.                                                 stairs of Plaza BNI, BSD
   4. Determination of the NZE Financing Roadmap                    6. Electricity efficiency by reducing the use of
      for 2060                                                         lights in Grha BNI, Plaza BNI, Gedoeng BNI,
   5. Implementing financing emission calculations                     and Menara BNI
      using the PCAF methodology for corporate,                     7. BNI has become the first bank in Indonesia to
      enterprise, commercial and retail productive                     adopt the Partnership Investor Own Investor
      segment credit portfolios                                        Operate (IO2) cooperation scheme for Public
                                                                       Electric Vehicle Charging Stations (SPKLU) in
   6. Implementation of the Indonesian Sustainable                     collaboration with PLN.
       FinanceTaxonomy (TKBI) for the energy sector                 8. Development of BNI Waste Management with
   7. Education in the implementation of TKBI                          the Zero Waste to Landfill Concept.
       through the BNI ESG Sustainability &
       Transition (BEST) Event forum and TKBI                    c. Supply Chain
       Technical Workshop for debtors in the energy                 Committed to environmental sustainability and
       sector                                                       responsible business practices, BNI evaluates
   8. Calculation of the Climate Risk Stress Test                   Vendors/Suppliers to ensure that they are
       (CRST) covering 50% of BNI’s portfolio                       committed     to   prioritizing environmental
   9. Strengthened the Risk Acceptance Criteria                     considerations. This includes assessing their
       (RAC) for 22 (twenty-two) industrial sectors                 compliance with environmental regulations,
       for the Corporate and Enterprise segments,                   proximity to protected areas, and greenhouse
       18 (eighteen) industrial sectors for the                     gas and waste management practices.
       Commercial segment and 10 (ten) industrial
       sectors for the Retail Productive segment with            SOCIAL ASPECT
       ESG Aspects
   10. Supporting       Energy     Transition    and             a. Human Resources (HR):
       Environmentally      Friendly Transportation                 1. Employee Engagement Score reaches 96%
       Projects                                                     2. Employee Satisfaction Level reaches 92%
       a. Financing of power plants with renewable                  3. Preparation and Approval of Respectful
          energy sources, Sidrap Wind Power Plant                      Workplace Policy
          (PLTB) in South Sulawesi with a capacity
          of 75 Megawatt peak (MWp) worth IDR1.6                 b. Access to Finance:
          trillion                                                  1. BNI has 213,370 BNI Agen46
       b. Financing of Solar Power Plant (PLTS) with                2. Ayo Menabung dengan Sampah Program
          a capacity of 25 MWp in Bali Province with                3. MSME empowerment program through
          a project value of IDR375 billion and a                      the BNI UMKM Ramah Lingkungan (BUMI)
          financing value of IDR260 billion                            program, Jejak Kopi Khatulistiwa (JKK),
       c. Financing of the Integrated Rail Transit                     Millennial Smartfarming, Fishery Cultivation
          (LRT) mass transportation mode of Jakarta-                   Village, and others
          Bogor-Depok-Bekasi with a passenger
          transport capacity of up to 500 thousand               c. Privacy & Data Security
          passengers per day amounting to IDR1.2                    1. BNI has a CISO Division tasked with
          trillion                                                     safeguarding information and improving
                                                                       cyber security
b. Operational:                                                     2. Implementation of Data Loss Prevention (DLP)
   1. Determination of the 2028 Operational NZE                        mechanisms
      Roadmap                                                       3. Implementation of Threat Hunting
   2. Development of Emission Data Management                       4. Adopting international security frameworks
      Infrastructure                                                   and standards such as ISO 27001 and the
   3. Calculation of carbon emissions including                        National Institute of Standards andTechnology
      Scope 1, Scope 2, and Scope 3 (Operational                       (NIST)
      and Financing Emissions)



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      5. BNI has a Digital Risk Framework adopted                     d. Consumer Financial Protection
          from the best practice framework                               1. Customer satisfaction score or Customer
      6. In connection with the enactment of Law                            Satisfaction Survey (CSS) in 2024: 4.28 (scale
          of the Republic of Indonesia No. 27 of 2022                       1 to 5)
          concerning Personal Data Protection (PDP),                     2. Percentage of customer complaint resolution
          BNI is preparing procedures, assessments                          in 2024: 99.99%
          and     mitigation/prevention      related   to,               3. Providing training on consumer financial
          management of infrastructure, applications                        protection
          and IT systems as well as implementing
          security implementations.                                   e. Supply Chain
      7. Implementation of the masking process for                       As part of its commitment to social responsibility
          sensitive data                                                 and responsible business practices, BNI ensures
      8. Implementing the Incident Handling Maturity                     that its vendors/suppliers adhere to social
          Level Measurement (TMPI) which is a tool                       considerations. This is achieved by evaluating
          to map the level of organizational readiness                   prospective suppliers using social criteria, which
          in handling and recovering cybersecurity                       include ensuring the absence of child labor,
          incidents, including in detecting and                          forced labor, discriminatory practices related to
          responding if there is an incident of personal                 ethnicity, religion, race, or intergroup relations,
          data leakage due to system security gaps                       as well as promoting equality in employee
      9. Conducting a Cyber Security
                                ​​        Maturity (CSM)                 promotion and remuneration.
          assessment, which is an instrument from
          BSSN to assess the level of cybersecurity                   GOVERNANCE ASPECT
          maturity of an organization, including
          the assessment of the maturity of the                       1. BNI has an ESG Subcommittee under the Risk
          management and protection of personal data                     Management & Anti-Fraud Committee
          confidentiality (data privacy).                             2. BNI has a special work unit, namely the
      10. Implementing a third-party risk assessment,                    Environment, Social & Governance (ESG)
          including conducting a vendor security                         Management Department under the Enterprise
          assessment in the aspects of Technology,                       Risk Management (ERM) Division
          Information and Cyber.                                      3. BNI ESG Policy:
      11. BNI requires a Non-Disclosure Agreement                        a. BNI ESG Framework and Roadmap
          (NDA) for third parties if there is cooperation                b. Determination of the Net Zero Emission
          that uses customer data, and only sends                           Roadmap
          customer data according to customer                            c. Green Loan Incentive Provisions
          approval.                                                      d. Emission Data Technical Instructions
      12. BNI subsidiaries report on issues and                          e. Environmentally Friendly Business Activity
          discussion topics for data management,                            Technical Instructions (KUBL)
          including data privacy and security as a data                  f. Sustainability Linked Loan (SLL) SOP
          harmonization process in Subsidiaries.                         g. Solid Waste Management SOP
      13. Implementing periodic security awareness to                 4. The Board of Directors has KPIs for ESG
          educate employees and customers about the                      performance that are passed down to Work Units
          importance of maintaining the confidentiality                  (Green Loan and ESG Rating)
          and security of personal data.




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Commitment to
Implementing ESG

ELEVATING IMPACT, EMPOWERING SUSTAINABILITY

BNI prioritizes the implementation of sustainability principles encompassing Environment, Social, and
Governance (ESG) aspects across all areas of its business. BNI is also deeply committed to supporting the
achievement of the Sustainable Development Goals (SDGs) which have become a global issue and a key
focus of the Indonesian Government.

BNI believes that sustainability should generate a positive impact for all stakeholders, creating a lasting
legacy that benefits future generations. As a business entity predominantly owned by the state, BNI is
dedicated to advancing as a leading agent of transformation in the implementation of ESG principles.

BNI LST FRAMEWORK & BNI LST ROADMAP

                                                                                       Social
                                                                                   • Increasing employee engagement
           Environment
                                                                 S
                                                                                   • Increasing employee capabilities
                                                                                   • Strengthening customer data and
        • Employee Engagement Survey                                                 financial protection
          (EES) 96%
        • Achieving operational NZE by
          2028.                                                                                      Governance
        • Strengthening governance in                       Framework
          ESG lending.
        • Enhancing employee                                   LST                              • Increasing diversity at
                                                                                                  the Board of Directors
          awareness & capability.
        • Enhancing ESG disclosure.                     L                   T                     level
                                                                                                • Strengthening Board of
                                                                                                  Directors involvement in
                                                                                                  ESG




               SHORT-TERM FOCUS                     MEDIUM-TERM FOCUS                          LONG-TERM FOCUS
         • Strengthening Infrastructure       • Strengthening debtor Risk Acceptance    • Implementation of climate change
         • Establishing NZE and Carbon Budget   Criteria (RAC)                            risk management in bank operations
                                              • Strengthening Climate Change Risk
                                                Management Infrastructure
                                              • Strengthening Board Engagement on
                                                ESG
                                              • Optimizing Data Loss Prevention




BNI NET ZERO EMISSION (NZE) TARGET

BNI is committed to achieving Net Zero Emission (NZE) Operations by 2028 and NZE Financing by 2060. The
strategies implemented to achieve these targets are as follows:
1. Sustainable product development, such as:
   a. Launching Sustainability Linked Loans to encourage debtors to implement ESG and have a transition
       map towards green.




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      b. Distribution of green bonds for green projects               3. Implementation of Net Zero Emission in
         currently being carried out in 5 sectors, namely                Subsidiaries
         Renewable Energy, Environmentally Friendly                      BNI recognizes that the achievement of Net Zero
         Transportation, Environmentally Friendly                        Emissions must be implemented across the entire
         Buildings, Waste Management into Energy                         business group.To this end, in 2024, BNI will align
         and Waste Management, and Sustainable Use                       its Net Zero Emission efforts with those of its
         of Natural Resources and Land Use.                              subsidiaries. This initiative began by mandating
      c. Development of financing schemes to support                     subsidiaries to conduct emission inventories
         and develop environmentally oriented MSME                       and calculate Scope 1 and 2 emissions. These
         ecosystems, such as the Equator Coffee Trail -                  steps are also in preparation for the upcoming
         Social Forestry and the BNI Environmentally                     implementation of IFRS S1 & S2 in Indonesia.
         Friendly MSME (BUMI) program.                                4. Increasing Engagement and Awareness with
      d. Financing in the energy transition sector to                    Debtors and Customers for the Green Transition
         encourage the transition to clean energy.                       The BNI ESG Sustainability & Transition (BEST)
      e. Evaluating the possibility of issuing other                     Event was held on September 24, 2024, to
         sustainability-oriented bonds.                                  deepen BNI’s understanding, constructive
      f. Collaborating with strategic partners to issue                  discussions, and establish collaborations that
         sustainability products for individuals, such                   will accelerate the transition process towards a
         as issuing environmentally friendly credit                      green and sustainable economy between BNI
         cards in collaboration with WWF and issuing                     and stakeholders.
         credit cards with recyclable raw materials in
         collaboration with AMEX.                                         On December 11, 2024, BNI hosted TKBI Technical
      g. Optimizing the savings program with waste                        Assistance Workshop, aimed at supporting debtor
         to increase student awareness in managing                        PICs in completing the TKBI questionnaire.
         plastic waste.
                                                                          The workshop served as a refresher on the
  2. Energy efficiency                                                    TKBI framework, with the goal of enhancing
     a. Use of energy-saving technology.                                  debtor PICs’ understanding of its concepts and
     b. Arrangement and optimization of the use of                        objectives. It also provided technical guidance
        AC and lights in office buildings.                                on accurately filling out the TKBI questionnaire
     c. Use of renewable energy in the BNI Plaza                          and offered an interactive forum for discussions,
        Building.                                                         questions, answers, and the resolution of any
     d. Having a green building certified building:                       technical challenges encountered by debtor PICs.
        BNI Plaza Building and BNI Tower.
     e. Developing a waste management program to                      5. Waste management
        increase avoided emissions.                                      In its waste management practices, BNI adopts the
     f. Optimizing online media for meetings.                            Zero-Waste to Landfill (ZWTL) concept, utilizing
                                                                         the 3R method (Reduce, Reuse, & Recycle).
                                                                         This approach reflects BNI’s commitment to
                                                                         reducing operational emissions and optimizing
                                                                         its recycling program for waste generated by
                                                                         BNI buildings. Additionally, it aims to minimize
                                                                         and eventually eliminate direct waste disposal
                                                                         to the Final Disposal Site (TPA). Currently, waste
                                                                         management practices have been implemented
                                                                         at five BNI head office locations: Grha BNI,
                                                                         Menara BNI Pejompongan, Gedoeng BNI Kota,
                                                                         Plaza BNI BSD and DC Slipi.




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BNI ESG
Risk Management

MANAGEMENT PIPELINE WITH ESG CONSIDERATION

In addressing environmental and climate change risks, BNI follows the Financial Services Authority (OJK)
policy, considering the industry’s risk appetite and acceptance in alignment with ESG issues.

For BNI, ESG-related concerns include deforestation, flooding, biodiversity loss, environmental pollution,
and drought. Although these issues may not directly impact BNI, the financial risk analysis is linked to
financing provided to debtors exposed to similar risks.

As a result, BNI exercises caution in financing business sectors that have the potential to harm the
environment or contribute to global warming and climate change.

BNI has implemented a credit policy with ESG insight, as well as mapping banking activities as an effort to
mitigate and adapt to climate change. This process is consistently carried out by Corporate Banking Divisions
1, 2, 3 and 4, International Division, Enterprise Banking Division, Commercial Banking Division 1 and 2,
Institutional Banking Division 1 & 2, Syndication & Structured Finance Division, Retail Productive Banking
Division, Small Business & Program Division, Corporate & Enterprise Credit Risk Division, and Commercial
Credit Risk Division.

BNI’s Risk Management Flow can be explained through the following chart:


    Pipeline Management Flow

          1                       2                          3                             4                            5
                                Pre-Screening              Risk                          Business
        Lead Generations                                                                                             Pipeline
                                (Solicit, Prospect &       Acceptance                    Acceptance
        (Market Insight)                                                                                             Monitoring
                                Pre Screening)             Criteria (RAC)                Committee

    Search for prospects                                 RAC per Industrial
                              Pre-screening &
    through:                                             Sector included in
                              character checks           “Appetite”
    • Transaction Data        Reduce unqualified
    • Referral                leads from the start                                     Example: Risk Acceptance Criteria
    • Coldprospect                                       Stricter RAC per
    • Personal Contacts                                  Industrial Sector
    • Priority sector       Pay attention to Climate     included in                         ASPECT           MINING             PALM OIL
      industry associations Risk per regional:           “Limited/No Appetite”
                                                                                         Environment,     • Minimum           • RSPO/ISPO
                                                                                         Social &           Proper BLUE         certified
                              • Recognize the
                                                                                         Governance       • No bad            • No social/
                                potential for            RAC that takes                                     news about          environmental
                                disaster                 into account                                       environmental       disturbances in
                              • Priority for             Environmental,                                     violations          the last 5 years
                                increasing portfolios    Social & Governance                                locally &         • Nature &
                                                         aspects
                                outside potential                                                           internationally     local habitat
                                disaster areas                                                                                  conservation
                                (geographical,
                                geological,
                                hydrological and
                                demographic)




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  PIPELINE MANAGEMENT MECHANISM                                           11. Non-Recurring Real Estate
  THAT CONSIDERS LST ASPECTS                                              12. Telecommunications
  1. In identifying industrial sectors to enhance                         13. Operators and Data Centers
     its portfolio, BNI conducts a review involving                       14. Chemical Industry
     discussions between business units, risk units,                      15. Cement Industry
     and risk management. BNI utilizes the Industry                       16. Fast Moving Consumer Goods (FMCG)
     Risk Appetite (IRA) to assess sectors, considering                   17. Hospitals
     factors such as the Industry Risk Rating (IRR),                      18. Pharmaceutical Industry
     the prospects of leading industries or regional                      19. Distributor Trading
     advantages, and business considerations, along                       20. Retail Trading
     with the project pipeline.                                           21. Coal Mining
                                                                          22. Mining Contractor Services
      The initial screening process focuses on
      identifying potential prospects that meet BNI’s                     The 18 (eighteen) industrial sectors for the
      sustainability criteria, such as climate risks and                  commercial segment, including:
      the likelihood of natural disasters in specific                     1. Trade Sector
      regions. Additionally, this process ensures                         2.		 Manufacturing Sector/Processing Industry/
      that businesses are not involved in activities                          Factory
      prohibited by the government, including                             3. Services Sector
      violations of local community rights, forced                        4. Domestic Wholesale/Distributor Fast Moving
      labor, child exploitation, human rights abuses,                         Consumer Goods (FMCG) Sector
      and other regulatory breaches.                                      5. Export Trade Sector
                                                                          6. Retail Trade Sector (Fast Moving Consumer
      Moreover, BNI aims to select businesses                                 Goods (FMCG) Sector including network
      operating in sectors that have embraced                                 ownership)
      sustainable financial principles or have prioritized                7. Fuel Oil Distributor Trade Sector
      ESG factors in their operations, even though                        8. Four-Wheeled Vehicle/Two-Wheeled Vehicle
      this implementation is still a work in progress                         Dealer Trade Sector
      and being gradually improved. Based on these                        9. Food & Beverage Processing Industry Sector
      factors, BNI classifies industrial sectors into                     10. Chemical, Rubber, and Plastic Industry
      three categories: Appetite, Limited Appetite, and                       Processing Sector
      No Appetite.                                                        11. Palm Oil Processing/Factory (PKS) and/or
                                                                              Kernel Oil Factory (PKO) Sector
  2. In an effort to support pipeline management, BNI                     12. Palm Oil Plantation Sector (Upstream)
     has strengthened the Risk Acceptance Criteria                        13. Public Transportation Sector
     (RAC) to 22 (twenty-two) industrial sectors for                      14. Construction Sector
     the corporate segment, 18 (eighteen) industrial                      15. Provision Sector Accommodation for lodging,
     sectors for the commercial segment and 10                                hotels and the like
     (ten) industrial sectors for the retail productive                   16. Recurring Real Estate Rental Sector (Tenant
     segment.                                                                 Mall, warehouse complexes, and the like)
                                                                          17. Rental Service Sector for Transportation
      22 (twenty two) industrial sectors for the                              Equipment, Machinery, Heavy Equipment and
      corporate segment, including:                                           the like
                                                                          18. Health Service Sector and Hospital Social
      List of RAC Corporate Segment                                           Activities
      1. Palm Oil Plantation
      2. Palm Oil Processing Industry                                     Then, 10 (ten) industrial sectors for the retail
      3. Metal Ore Mining                                                 productive segment, including:
      4. Smelter Refiner                                                  1. Generic (subsector that does not yet have/
      5. Metal and Metal Ore Trading                                         does not have a specific RAC);
      6. Metal Goods Industry (Fabricator)                                2. Domestic Wholesale Trade (wholesale);
      7. Civil and Building Construction                                  3. Retail Trade (retail);
      8. Toll Road Construction                                           4. Processing Industry;
      9. Electricity                                                      5. Palm Oil Plantations;
      10. Recurring Real Estate




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   6. Chemical Industry;                                                  watchlist system’s outcomes. As part of the
   7. Export Import Trade;                                                monitoring procedure, each accountable unit
   8. Public Transportation;                                              must also evaluate samples of debtors.
   9. Construction;
   10. Accommodation Providers.                                  If a violation of environmental, social, and
                                                                 governance (ESG) aspects is detected, BNI will verify
   As an improvement in the implementation of                    with the relevant parties and potentially reduce the
   BNI’s Environment, Social, & Governance (ESG),                level (downgrading) if it is proven that the debtor
   especially in the Financing Environmental Impact              does not comply with ESG regulations.
   aspect, the development of the application
   of risk assessments for all sectors is carried                In 2024, the Bank will map the fulfillment of ESG
   out, considering the Environmental Social                     aspects in portfolios that have a high impact on the
   Governance (ESG) factor as one of the factors                 environment to support the implementation of ESG,
   of the Risk Acceptance Criteria (RAC) per                     including:
   sector with an emphasis adjusted based on the                 • The number of debtors that have RSPO/ISPO
   characteristics of each industrial sector.                       certificates is 49 companies, while 9 other
                                                                    companies are in the process of obtaining RSPO/
3. The BNI Compliance Division will conduct a Credit                ISPO certificates.
   Compliance Review (C2R) before granting credit
   to ensure that the credit process is in accordance            •     For debtors engaged in the Cement Industry,
   with all applicable provisions, including the ESG                   they have received the BLUE and GOLD Rating
   aspects set by BNI.                                                 Assessment Program (PROPER).
                                                                 •     Debtors in the mining industry (Mine Operators)
4. The credit committee will analyze the debtor/                       have partly received the BLUE, GREEN and GOLD
   potential debtor, including all risks and risk                      Rating Assessment Program (PROPER).
   mitigation, before deciding to approve or reject              •     In this case, BNI continues to encourage debtors
   credit, including issues related to LST. The Credit                 in the palm oil sector to obtain ISPO and RSPO
   Committee is structured in a hierarchical manner                    certification, and to fulfill certification according
   according to the authority to make decisions, up                    to their respective industrial sectors.
   to the Board of Directors.
                                                                 IMPROVEMENTS IN ESG RISK
5. Pipeline Monitoring:                                          MANAGEMENT
   a. Periodically, the Business Unit will monitor
      through a watchlist system and assess the                  By improving ESG-related policies, creating ESG-
      debtor’s rating. If violations of the LST aspects          related tools and advice, and establishing Net Zero
      are found, BNI will verify with the relevant               Emission (NZE) goals for operations and financing,
      parties and can adjust the debtor’s rating if it           BNI will continue to enhance and improve Risk
      is proven that the debtor does not meet the                Management in ESG aspects in 2024.
      established LST aspects;                                   1. Policy Strengthening
   b. Internal Audit will periodically audit debtors                a. In line with BNI’s commitment to implementing
      whose operational activities can have a                           ESG, BNI has developed an ESG policy with
      negative impact on the environment.                               the aim of improving ESG policies which
      BNI is still working to make sure that the credit                 include the preparation of an ESG framework
      is used to help environmentally conscious,                        and re-sharpening of policies related to the
      ethical, and productive enterprises. The                          environment, social, and governance as well
      Business Unit regularly evaluates the debtor’s                    as setting a short, medium, and long-term
      rating and keeps an eye on things using a                         roadmap for BNI towards Net Zero Emission.
      watchlist system. Every three months, the                     b. Set an operational NZE target in 2028 and a
      Corporate & Enterprise Credit Risk (CER)                          financing NZE target in 2060.
      Division and the Commercial Credit Risk
      (CMR) Division will receive reports on the




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  2. BNI strengthens ESG-related tools and guidance,                  3. BNI has calculated and reported the Climate
     including:                                                          Risk Stress Test (CRST) in 2024 using the NGFS
     a. Building an emission data infrastructure to                      scenario which includes Net Zero 2050 (Orderly),
        obtain operational emission data from BNI                        Delayed Transition (Disorderly), and Current
        Regional Offices and Branches so that periodic                   Policies (Hot House World). The CRST calculation
        monitoring of emission developments can be                       covers 50% of BNI’s portfolio consisting of 6
        carried out.                                                     (six) productive sectors and property ownership
     b. BNI has identified high-emission sectors in                      credit with the following details:
        the Corporate and Medium segment credit                          1. Agriculture, Forestry, and Fisheries
        portfolios. For these high-emission sectors,                     2. Mining and Quarrying
        BNI regulates the portfolio through the Loan                     3. Procurement of Electricity, Gas, Steam/Hot
        Exposure Limit (LEL) in each industry.                               Water and Cold Air
     c. Strengthening the Risk Acceptance Criteria                       4. Construction
        to 22 sectors for the corporate segment, 18                      5. Transportation and Warehousing
        sectors for the commercial segment and 10                        6. Processing industry (primarily in the metal,
        sectors for the retail productive segment in                         paper, chemical and textile industries)
        2024.
     d. Carrying out BNI financing emission                               Additionally, BNI’s whole portfolio will be
        calculations using the PCAF (Partnership for                      included in the Climate Risk Stress Test (CRST)
        Carbon Accounting Financials) methodology                         computation by 2025. BNI is improving the data
        for the corporate, enterprise, commercial and                     required for the computation and creating the
        retail productive segment credit portfolios.                      CRST tool in order to get ready for this.
     e. Building the Climate Risk Stress Test (CRST)
        tools which aim to analyze and evaluate the
        impact of climate change on the financial
        performance and health level of financial
        institutions using the Network for Greening
        the Financial System (NGFS) scenario
        simulation in accordance with OJK’s direction.




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Person in Charge of
LST Implementation at BNI

The Environment, Social, and Governance (ESG) Subcommittee was established by the Board of Directors
as the body in charge of implementing LST elements through the Decree of the Board of Directors No.
KP/745/DIR/R on October 26, 2023. The ESG Subcommittee falls under the Risk Management & Anti-Fraud
Committee of the Board of Directors.

The membership composition of the ESG Subcommittee is as follows:
 Chairman                                                   Deputy President Director
 Vice Chairman                                              Risk Management Director
 Secretary                                                  Enterprise Risk Management Division Head (concurrently as permanent
                                                            non-voting member)
 Permanent Members at the Director Level and                1.   Finance Director
 SEVP (Voting Member)                                       2.   Wholesale & International Banking Director
                                                            3.   Enterprise & Commercial Banking Director
                                                            4.   Retail Banking Director
                                                            5.   Network & Services Director
                                                            6.   Technology & Operations Director
                                                            7.   SEVP Treasury
 Permanent Members at the Director Level                    Human Capital & Compliance Director*
 (Non-Voting Member)
 Permanent Members at the Division/Unit Level               1. Corporate Secretary Division Head
 (Non-Voting Member)                                        2. Policy Governance Division Head
                                                            3. Investor Relations Division Head
                                                            4. Corporate Planning & Performance Management Division Head
                                                            5. International Banking & Financial Institutional Division Head
                                                            6. Subsidiaries Management Division Head
                                                            7. Procurement & Fixed Assets Division Head
                                                            8. Treasury Division Head
                                                            9. Compliance Division Head
                                                            10. BNI University Division Head
                                                            11. Human Capital Strategy Division Head
                                                            12. Human Capital Services Division Head
                                                            13. Corporate Banking 1 Division Head
                                                            14. Corporate Banking 2 Division Head
                                                            15. Corporate Banking 3 Division Head
                                                            16. Corporate Banking 4 Division Head
                                                            17. Syndication & Structured Finance Division Head
                                                            18. Enterprise Banking Division Head
                                                            19. Commercial Banking 1 Division Head
                                                            20. Commercial Banking 2 Division Head
                                                            21. Operational Risk Management Division Head
                                                            22. Corporate & Enterprise Credit Risk Division Head
                                                            23. Commercial Credit Risk Division Head
                                                            24. Consumer Product Division Head
                                                            25. Retail Productive Banking Division Head
                                                            26. Business Program Division Head
                                                            27. Card Business Division Head
                                                            28. Agen46 Division Head
 Non-permanent Members                                      Director/SEVP/Division/Unit Head related to the discussion topic
 (Non-Voting Member)
*) Specifically, Human Capital & Compliance Director has special duties and responsibilities as regulated in the Committee Work Guidelines




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  The ESG Subcommittee has the following duties                       The main tasks of the Environment Social &
  and responsibilities:                                               Governance Management Department (ESM) are:
  1. Prepare Environmental, Social & Governance                       1. Prepare, develop, manage and review the
     management policies and strategies and their                        framework, roadmap and ESG strategy, Net Zero
     changes;                                                            Emission and Climate Risk bankwide.
  2. Identify potential LST risks that have an impact                 2. Prepare, develop and review the Sustainable
     on both BNI and BNI stakeholders;                                   Financing and Bond Framework with related
  3. Monitor the implementation of sustainable                           divisions.
     financial strategies;                                            3. Prepare, develop, manage and review ESG
  4. Monitor, evaluate, and provide recommendations                      programs.
     on the results of BNI’s LST assessment; and                      4. Prepare and manage the Sustainable Finance
  5. Evaluate the implementation of LST strategies in                    Action Plan, Corporate Plan related to ESG,
     all BNI business lines.                                             Sustainability Report, sustainability-oriented
                                                                         bonds, sustainable financing, in accordance with
  Under the direction of the Board of Commissioners                      applicable regulatory provisions and/or best
  and Directors, all work units are responsible for                      practices.
  implementing sustainability management elements.                    5. Develop and manage ESG information systems
  BNI has a unique work unit called the Environment                      and emission calculation methodologies and
  Social & Governance Management Department                              climate risk stress tests in accordance with
  (ESM) that oversees the implementation of                              applicable regulatory provisions and/or best
  sustainable finance and ensures the implementation                     practices.
  of sustainability governance. The Enterprise                        6. Coordinate the implementation of ESG principles
  Risk Management (ERM) Division includes the                            & Climate Change Risk across all Bank business
  Environment Social & Governance Management                             lines, including Subsidiaries and KLN.
  Department (ESM).                                                   7. Prepare, organize, conduct reviews related
                                                                         to planning, execution and performance of
                                                                         communication, socialization and campaigns
                                                                         related to ESG programs both internally and
                                                                         externally.
                                                                      8. Perform the function of Working Group
                                                                         Coordinator for the ESG Sub Committee and
                                                                         liaison with external parties in the field of ESG
                                                                         policy.
                                                                      9. Monitor exposure and report to regulators/other
                                                                         external parties related to ESG (Green portfolio,
                                                                         Green Bond and other ESG-oriented bonds,
                                                                         Indonesian Green Taxonomy (THI), Sustainability
                                                                         Report (sustainable governance, sustainable
                                                                         management, sustainable financing and carbon
                                                                         emission data) etc.




                                                                                                         2024 Annual Report
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Supervision and Evaluation
of BNI’s LST Implementation
LST risk management in BNI’s environment can be seen in the following image:

                                   One way to strengthen        Submission of proposals
    Identify sectors with high     ESG aspects in the loan     to strengthen ESG aspects               Assessment                 Monitoring
    emissions and impact on      process is by strengthening    in the loan process to the           of ESG aspects         the assessment of ESG        Continue
        the environment               RAC and Debtor                Board of Directors             in the loan process    aspects in the loan process    & Improve
                                    Rating assessments              based on authority




          Identification                 Mitigation                   Agreement                     Implementation               Monitoring


           ERM, PGV,                    ERM, PGV,                Business and Policy                Business Units,       Business and Risk sector
        Business and Risk            Business and Risk             sector Director,               Risk Units and ERM      Director, Business Units,
              Units                        Units                     ERM, PGV                                               Risk Units and ERM.



Top management consisting of the Board of Directors and Board of Commissioners of BNI plays a role in
providing supervision over efforts to implement good governance principles together with all work units
to ensure responsible business practices, and encourage the principle of prudence in managing risks. The
Bank continues to maintain the highest standards of ethical behavior in operations and reporting that is
accountable, accurate, and transparent, and maintains compliance with applicable laws and regulations.

The governance structure, policies, and operational processes implemented are directed to help identify
and manage environmental, social, and governance (LST) risks throughout BNI’s value chain.




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         Practices           Governance          Responsibility       Commitment      Statements




  Implementation of Sustainable
  Finance in Subsidiaries

  The implementation of sustainable finance in BNI’s subsidiaries has been carried out by compiling and
  submitting the Sustainable Finance Action Plan (RAKB) document to the OJK.

  IMPLEMENTATION OF SUSTAINABLE FINANCE IN SUBSIDIARIES

  PT BNI Multifinance
  1. Development of battery-powered electric motor vehicle financing;

      Booking Realization
                                                                      2023                                      2024
                 Type of Electric Vehicle
                                                                      Unit                                      Unit
       Electric Vehicle (EV)                                          204                                        469
       Hybrid                                                         413                                        768
       Total                                                          617                                       1237


  2. Development of internal company capacity in the                         •   Audit Certification – Certified Internal Audit
     introduction/socialization of RAKB;                                         Professional (CIAP)
     Training and socialization conducted include:                           •   Risk Management Certification
     • Socialization       of    SKMI    (Information                        •   Collection Profession Certification
         Management         Security  System)      ISO                       •   General Manager Certification of Human
         270001:2022                                                             Resources (HR) Professional Certification
     • Socialization of APPU PPT and Supervision                                 Institute (LSP) Analytical Human Resources
     • Socialization of Information Classification &                             Management (MSDM)
         IT Disaster Recovery Procedures                                     •   Training Supervisory Development Program
     • Training and Socialization of the Personal
         Data Protection Law                                           3. Social activities to the neighbourhood and
     • Training for Newbie Credit Marketing Officers                      community;
         (CMO) and Field Collectors (FC)                                  PT BNI Multifinance continuously carries out
     • Training for Newbie New Employees                                  social activities including providing assistance
     • Training Collection and Risk Management                            to orphans and the poor in the Karet Kuningan
     • Training for Corporate & Fleet Financing                           area where the PT BNI Multifinance head office
         Analysis                                                         is domiciled. In addition, every year the company
     • Workshop on Understanding the Corruption                           donates sacrificial animals.
         Law and Deepening the Anti-Bribery                            4. Organizational Adjustment and Risk Management
         Management System (SMAP)                                      5. Preparation of sustainable financial guidelines by
     • OJK Workshop on Sustainable Finance                                considering social and environmental aspects.
         Training Activities
     • Training for Corporate Secretary & Corporate                    PT BNI Sekuritas
         Planning                                                      BNI Sekuritas’ Sustainable Finance Plan is prepared
     • National Seminar on Economic Outlook 2025                       with 3 main focuses including the development of
     • Socialization of the Use of the Human Capital                   sustainable financial products or services, capacity
         Management System (HCMS) Website                              development related to awareness of sustainable
     • Training for Credit Analyst (CA) Review                         finance internally, and integration of ESG
     • Training for Era Company Tax Reporting                          aspects through organizational adjustments, risk
         Management Coretax                                            management, governance, and standard operating
     • Consumer Protection Training Workshop                           procedures.
     • Anti-Fraud Seminar
     • Basic Managerial Certification



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BNI Sekuritas has realized a number of sustainable                  In 2024, the Company will integrate ESG aspects
finance activity plans planned for 2024, including:                 more comprehensively through collaboration
                                                                    with several partners from non-government
1. Identification of business products or financial                 organizations (“NGOs”) including:
    services based on ESG-based KKB                                 a. Planting mangrove seedlings in the Cilacap
    BNI Sekuritas has identified business products                      area in collaboration with Fairatmos
    and financial services based on KKB and ESG                     b. Collaborating with River CleanUp by providing
    together with all its business departments.                         donations in the form of cleaning equipment
    This is a strategic step to increase BNI                            for the Cikapundung River area, Bandung
    Sekuritas’ contribution to sustainable economic                 c. Empowering the disabled community with
    development in Indonesia.                                           Cemara Paper in Bandung City by recycling
2. Becoming an underwriter for investment products                      paper waste into outsourced goods in the
    based on KKB and LST                                                form of notebooks
    Through the Investment Banking business,
    BNI Sekuritas will become an underwriter for a               7. Achieving the Corporate Governance Perception
    number of investment products based on KKB                      Index (“CGPI”) and ISO Standardization
    and LST during 2024.                                            BNI Sekuritas has also improved governance
3. Sustainable Finance Workshop for all BNI                         with ISO standards including ISO 37001:2016 Anti
    Sekuritas employees                                             Bribery Management System, ISO 27001:2013
    BNI Sekuritas in collaboration with The Indonesia               Information Security Management System, and
    Capital Market Institute (“TICMI”) held a                       ISO 22301:2019 Business Continuity Management
    workshop themed “Promoting Sustainable                          System. The achievement of strengthening
    Investment in Indonesia Capital Market: One                     governance is also reflected in the achievement
    Step Towards More Sustainable Investments.”                     of the Trusted Company award at the 2023 CGPI
4. Integration of KKB and LST risks in the risk                     event.
    management policy review process
    In accordance with the plan that was prepared in             8. Carbon Purchase Through IDX Carbon
    the previous year, BNI Sekuritas accommodates                   In an effort to support the Indonesian
    aspects of KKB LST in the process of preparing                  Government’s target to reduce national
    the Risk Management Policy.                                     emissions and achieve NZE, BNI Group through
5. Recording of BNI Sekuritas’ energy use and                       BNI Sekuritas also participates in carbon trading
    carbon emissions                                                on the IDX Carbon exchange.
    In order to achieve Operational NZE in 2028,
    BNI Sekuritas has started recording energy                   PT BNI Life Insurance
    consumption and business travel.                             1. Implementation of sustainable finance training
                                                                    program with total participants of 688 employees;
6. Implementation of the Social and Environmental                2. Implementation of social, environmental and
    Responsibility (TJSL) or CSR program                            literacy responsibility program through natural
    BNI Sekuritas also developed the CSR program                    disaster relief, construction/repair of places
    “We Move, We Share, We Care” which is based                     of worship, social fund assistance, health
    on Sustainable Financial Activities by considering              assistance, education fund assistance and
    the Environmental, Social, and Governance                       environmental fund assistance;
    aspects. The program developed focuses                       3. Implementation of productive credit life
    on financial literacy and inclusion activities,                 insurance marketing program to MSMEs;
    environmental sustainability, and sustainable                4. Implementation of efficiency program to reduce
    community empowerment.                                          plastic waste, paper usage and electricity & water
                                                                    consumption;




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         Practices           Governance             Responsibility           Commitment        Statements



                                                                                               Consumption
                      Description
                                                                             2023                                         2024
   Electricity:                                                                                           
   Centennial Tower                                                  1,203,149 kWh                                   1,160,892 kWh
   Gd. BNI Life KS. Tubun                                                 457,032 kWh                                  713,809 kWh
   Total                                                             1,660,181 kWh                                   1,874,701 kWh


                                                                                               Consumption
                      Description
                                                                             2023                                         2024
   Water:                                                                                                 
   Centennial Tower                                                              616 m3                                        500 m3
   Gd. BNI Life KS. Tubun                                                      3,017 m  3
                                                                                                                             5,080 m3
   Total                                                                       3,633 m3                                      5,580 m3
                                                                                                                                       
   Paper                                                                 1,855,294 Sheet                             1,832,789 Sheet
                                                                                                                                       
   Plastic                                             Changed the provision of bottled                 It has been applied to 30 meeting
                                                       water to the use of pitcher & paper              rooms.
                                                       cups in 30 meeting rooms.



  5. Implementation of finetuning to the organization by reviewing business processes and increasing
     digitalization of sustainable finance activities.

  PT Bank Hibank Indonesia
  In keeping with RAKB’s implementation strategy, the top priority for 2024 are increasing the financing portfolio,
  investments, or placement in financial instruments or projects that are in line with the implementation of
  Sustainable Finance, which is supported by activities such as;
  1. Advanced HR development;
  2. Portfolio development;
  3. Supervision and reporting;
  4. Preparation of a business management system that integrates social, environmental, and governance
      components in risk management;
  5. Customer education

  By 2024, the Bank had implemented most of the work plans as contained in the 2024 RAKB;

  Achievement of RAKB as of Q2024-3
              Priority Activity Target
    No                                                 Success Indicator                                     Realization in 2024
                 Realization 2024
        a   Social, environmental,           Standard Operating Procedure (SOP)              The Company Guidelines No. 2.2.0.0/R.00/
            and governance risks have        has been established regarding the              PP/VIII/2024 on Environmental, Social, and
            been integrated into the         integration of social, environmental,           Governance (ESG) Policy have been issued.
            bank's business activities.      and governance risks into business
                                             activities related to credit/financing
                                             and sustainable financial products/
                                             services.
        b   Increase the KKUB                The existing KKUB portfolio of                  The Credit Portfolio to Sustainable Business
            Portfolio (based on KKUB         mapping debtors increased by 9.26%              Activities (KKUB) as of December 2024 was
            mapping).                        from 2023.                                      IDR6.64 T, up 58.01% from Dec’23 which was
                                                                                             IDR4.18 T.
        c   Enhance the Portfolio of         The sustainable category Mutual Fund            - New initiatives for placement in sustainability-
            Environmentally Friendly         portfolio increased by at least 10%             based bond instruments amounting to IDR1558
            Mutual Funds.                    from 2023.                                      M, up 24% from Dec’23 which was IDR125 M.
                                                                                             - Placement of Sri Kehati Index mutual funds
                                                                                             as of December 2024 amounting to IDR104.55
                                                                                             million, down 24.8% from Dec’23 which was
                                                                                             IDR139 million.




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1. The Bank is committed to increasing credit distribution to Sustainable Business Activities (KKUB) on
   an ongoing basis, including credit distribution to cooperation projects between the private sector
   and Regional Public Companies (Perumda) in the construction of Water Treatment Plants (WTP) and
   construction of Water Treatment Installations to ensure good clean water production and meet the
   standards of the Minister of Health Regulation in Bekasi, West Java.
2. The calculation of the Sustainable Business Activity Credit (KKUB) portfolio is carried out using the
   largest debtor sampling method with the number of samples in accordance with the stages regulated
   by the OJK, to determine the amount of the KKUB Portfolio. From the mapping results of the 250 largest
   existing debtors in December 2024, the KKUB portfolio was recorded at IDR6.6 trillion, an increase of
   58.01% (YoY).
3. In connection with the Bank’s changes and strategies, the amount of portfolio (assets under management
   or AUM) of sustainable category Mutual Funds amounted to IDR104.5 million, decreased by 24,8% (YoY),
   but on the other hand, the Bank’s fund placement in Green Bonds investment instruments reached IDR155
   billion, an increase of 24% (YoY) from December 2023 which was IDR125 billion.

Realization of Sustainable Finance Credit (KKUB) Portfolio Q3-2024
                           Description                                               Realization in 2024
 1. Number of products that meet the criteria for sustainable business activities
 1. Fund Raising                                                                                           -                        -
 2. Fund Disbursement *                                    4 products                                                 IDR6.6 trillion
                                                           (PRK, Term Installment Loan, Term Loan and
                                                           Commercial Property Loan)
 2. Total Earning Assets of Sustainable Business Activities (IDR million)
 1. Total loans/financing of sustainable business                                                                      6,603,280.71
    activities*
 2. Total Non-credit/Financing of Sustainable                                                                          6,617,108.42
    Business Activities*
 3. Percentage of total credit/financing of                                                                                  49,59%
    sustainable business activities to total bank
    credit/financing (%)
 3. Amount and quality of credit/financing by category of sustainable business activities *
                                                                                               OS Balance                   NPL (%)
                                                                                              (IDR million)
 1. Renewable Energy                                                                              22,746.46                        0
 2. Energy Efficiency                                                                           161,360.52                    0.02%
 3. Pollution Prevention and Control                                                                       0                       0
 4. Sustainable Management of Living Natural                                                      11,000.00                        0
    Resources and Land Use
 5. Conservation of Land and Water Biodiversity                                                            0                       0
 6. Environmentally Friendly Transportation                                                                0                       0
 7. Sustainable Water and Wastewater Management                                                 274,500.00                    0.08%
 8. Climate Change Adaptation                                                                              0                       0
 9. Products that Can Reduce Resource Use and                                                   639,668.66                         0
    Produce Less Pollution (Ecoefficient)
 10. Environmentally Sound Buildings that Meet                                                  233,596.88                         0
     Nationally, Regionally, or Internationally
     Recognized Standards or Certifications
 11. Other Environmentally Sound Business                                                      1,238,329.94                        0
     Activities and/or Other Activities
 12. MSME Activities                                                                           4,022,078.26                        0
 Total                                                                                         6,603,280.72                   0.10%
*) based on loan ceiling




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  In addition to distributing credit to 11 KUB and                                      School Well Procurement Program in
  MSMEs, the Bank also carries out initiatives for                                      Sukabumi, Basic Food Assistance for the
  sustainability which are part of its Social and                                       Poor and Orphans in South Tangerang,
  Environmental Responsibility (TJSL), including:                                       Renovation of the Al Ikhlas Prayer Room
  1. Economic Aspect                                                                    in Bekasi, and Happy Eid with People with
     a. Use of furniture materials produced by                                          Mental Disorders in Bekasi.
         MSMEs for the interior of the hibank Head                                 iii. Participating in the Fund Participation at
         Office;                                                                        the “Volunteer of the Year” event organized
     b. hibank supports the empowerment of the                                          by the Indonesian Red Cross on December
         MSME ecosystem by collaborating with Sarga.                                    22 and December 27, 2024 with 2 series of
         co and the Sunmor SSA MSME Association                                         events, namely Healthy Walk and Volunteer
         in the Hi Pasar Digital MSME at the Sarga                                      Award.
         Festival 2024, which took place at the Sultan                          b. Saving Resources and Energy
         Agung Stadium, Bantul, Yogyakarta.                                        After occupying the new Non-Operational
     c. This collaboration includes socialization and                              Head Office (KPNO) location at Rajawali
         education for around 300 MSMEs, as well                                   Place, 22nd and 23rd floors, Setiabudi, South
         as being part of the Three Crowns Cup horse                               Jakarta, the Bank implemented a policy to
         racing event. hibank’s participation reflects                             encourage saving resources, namely;
         the company’s commitment to increasing                                    i. Paperless/digitalization.         The    Bank
         banking access for MSMEs, encouraging                                          encourages the use of digital devices in
         them to improve their business class;                                          daily operations, such as online approvals
     d. hibank has consistently distributed funding                                     to minimize paper usage.
         to the MSME community with a channeling                                   ii. Use of used paper. The use of paper is
         scheme through fintech that focuses on                                         prioritized to utilize used/recycled paper,
         MSMEs, which has reached IDR1.56 trillion in                                   so as not to reduce the purchase of new
         2024, up 174.6% (YoY) from 2023 which was                                      paper;
         IDR569.24 billion.                                                        iii. Centralization of printer machines.
  2. Social and Environmental Aspects                                                   Replacing portable printers with centralized
     a. CSR activities are prioritized on activities                                    printers, which also function as scanners
         that have an impact on increasing Corporate                                    and photocopiers, to facilitate cost control
         Awareness and sustainable finance. Until                                       over paper and electricity usage;
         December 2024, hibank has carried out CSR                                 iv. Turning off room lights. Turning off lighting
         activities, namely;                                                            during break time from 12.00 - 13.00, to
         i. Organizing a Blood Donation activity at                                     support electricity efficiency;
             the Tomang Head Office with a total of 108                            v. Workspace with Open Space design.
             registrants and successfully donating 78                                   hibank Head Office is designed with an
             blood bags.                                                                open workspace concept that maximizes
         ii. Participating in BNI CSR in order to                                       natural lighting to reduce electricity
             welcome Eid al-Fitr 2024, including the                                    consumption and water usage.
             Riyadul Muftadi’in Annur Islamic Boarding




  The initiatives taken have an impact on reducing the use of electricity, water and paper resources, as shown
  in the following table:

  Average Consumption of Electricity, Water and Paper (per month) at Head Office (Ex KP Tomang and New
  KP Rajawali Place)
               Component                     Unit         2020           2021          2022           2023         2024        YoY Growth
   Electricity                               kWh            95,981        87,877        86,017         93,043        48,986        (47.35%)
   Water                                 Cubic                  582         424           466            497            250       (49.70%)
   Paper                                                        260         205           153             201           176       (12.44%)
   - A4 size                             Ream                   241         195           146             194           169       (12.89%)
   - Folio size                          Ream                    19             10            7              7             6      (14.29%)




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   In 2024, the average consumption of electricity,                     strives to foster an inclusive and environmentally
   paper and water resources at the hibank Head                         friendly economy through digital innovation. To
   Office was recorded as follows;                                      support this vision, the Bank has established an
   1. Electricity usage in January-December 2024                        Environmental, Social, and Governance (ESG)
      averaged 48,986 kWh, down 47.35% from the                         policy, outlined in Corporate Guideline No.
      average in January-December 2023 of 93,043                        2.2.0.0/R.00/PP/VII/2024. This policy serves as
      kWh;                                                              a guide for all employees in implementing the
   2. Clean water usage in January-December 2024                        ESG approach, ensuring compliance with the
      averaged 250 cubic meters, down 49.70%                            principles of Good Corporate Governance.
      from the average in January-December 2023
      of 497 cubic meters;                                           PT BNI Modal Ventura
   3. Paper usage in January-December 2024 was                       1. Enhancing its HR capabilities, particularly in
      176 reams, down 12.44% from the average in                        sustainable finance, by providing seminars,
      January-December 2023 of 201 reams.                               workshops, and/or training sessions, both offline
                                                                        and online to 17 employees in 2024. Additionally,
3. Governance Aspect                                                    BNI Ventures has partnered with BNI Corporate
   In alignment with the Bank’s vision to become                        University and LinkedIn Learning in the provision
   Indonesia’s leading MSME Digital Bank,                               of training for employees.
   committed to sustainable finance, the Bank



                                    Number of employees and
                                                                                                      Average training hours per
                                     Directors who received            Training hours (hours)
                                                                                                      employee (hours/person)
                                        training (people)
Overall                                                      19                            2,666                              140
By gender
Male                                                             9                         1,631                              181
Female                                                       10                            1,035                              103
By position
Director                                                         2                              247                           123
Staff                                                        17                            2,419                              142



2. Improving the quality of the work environment and HR by, among others:
   • Conducting regular team building to build familiarity among all employees.
   • Providing training and/or certification for all employees.
   • Using air quality filtration and monitoring services to improve the quality of clean air in the work
     environment.
   • Providing gym membership facilities for employees as a means to maintain employee health and
     fitness.
   • Providing medicines and first aid for employees.
   • Implementing a clean desk policy to maintain the cleanliness and comfort of the work environment.
   • Cleaning the work area regularly.
   • Provide BPJS Employment facilities and health insurance for all employees.

3. Participate in social/environmental/religious/educational activities, as well as programs to improve public
   financial literacy, especially related to sustainable finance that has an impact on corporate awareness.
   Until December 2024, BNI Ventures has carried out Corporate Social Responsibility activities to related
   stakeholders, namely:
   • Organizing Safari Ramadhan activities in the context of Eid al-Fitr 2024 by providing assistance to
      orphans and management foundations.
   • Supporting the religious activities of Dharma Santi BUMN 2024 organized by KBUMN.
   • Increasing public financial literacy, especially related to sustainable finance in the venture capital
      industry, through various seminar events, workshops and visits, the implementation of which is in
      collaboration with related partners.




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         Practices            Governance          Responsibility       Commitment     Statements



      Until the end of the December 2024 period, BNI                          •     Using LED lights in the work environment
      Ventures has implemented a resource saving                                    that are more energy efficient.
      policy, including;                                                      •     Arranging space with an open office
      i. Implementing a paperless policy for a                                      concept so as to maximize the use of
           number of internal administrative needs, by                              sunlight (natural light) for office lighting in
           optimizing information technology facilities                             the morning to evening, so as to reduce
           for digital document circulation and signing.                            energy consumption.
      ii. Utilizing file paper by paying attention to the                     •     Using laptops as work devices for all BNI
           sensitivity of the document content, using both                          Ventures employees, so that they are more
           sides of the paper when printing documents,                              energy efficient.
           and maximizing the use of laptops for taking                       •     Optimizing and efficiency in the use
           notes.                                                                   of water and electricity in the work
      iii. Using tumblers and glasses for drinking water                            environment.
           needs in the work environment, using plates                        •     Use of electric cars for official cars of the
           and cutlery that can be washed and reused,                               Board of Directors, efficiency of travel
           and shopping bags or used cardboard for                                  routes and employee mobility, filling up
           shopping needs, so as to reduce plastic waste.                           with petrol according to the type of fuel
      iv. Energy management is one of BNI Ventures’                                 needed in the car, and driving at standard
           priorities in its operational activities,                                speeds so as to minimize fuel use and
           including:                                                               energy consumption.




                            Component                                      Unit                                   2024
   Electricity                                                kWh                                  80.876 kWh
   Paper                                                      Ream                                 43 Rim
   Use of Premium/Pertamax and similar                        Liter                                1.025 Liter (Pertamax)
                                                              kWh                                  278 kWh


  4. BNI Ventura es is developing an investment assessment process as part of a strategy to encourage the
     implementation of sustainable finance. This process includes steps that will be taken by BNI Ventura
     to integrate sustainable finance as one of the main parameters in the evaluation. In addition, BNI
     Ventura has also conducted an analysis of existing Business Partners to assess their contribution to the
     implementation of sustainable finance principles.

  PT BNI Asset Management
  1. Conducting socialization to all BNI-AM employees in the form of workshops related to the Concept of
     Sustainable Finance (KKB) and Environmental Social Governance (LST).
  2. Conducting training and certification related to KKB and LST, including CertSF (Certification Sustainability
     for Finance) certification from ACCA.
  3. Encouraging BNI-AM employees and clients/customers to invest in ESG-based products through the
     Champion program related to KKB and LST. Currently, BNI-AM has an ESG-based Mutual Fund product,
     namely the BNI AM Sri Kehati Index RD.
  4. Reviewing external regulations related to KKB and LST including the issuance of IFRS S1 and S2, and
     participating in training related to S1 and S2 standards at the Indonesian Institute of Accountants.
  5. Forming a task force team to prepare SOPs and organizations related to KKB and LST.

  BNI Securities Pte Ltd
  1. Increasing discussions with customers regarding the issuance of green bonds and so on in the primary
     market, including trying to increase trading in the secondary market;
  2. Increasing the efficiency of irreplaceable resources to reduce plastic waste, paper use and electricity &
     water consumption; and
  3. Internal socialization of sustainable finance activities as well as environmental, social and governance.




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ESG Index: BNI Sustainability
Practice Summary

ENVIRONMENTAL
                                                        Environmental
COMPANY PRACTICE                                                                                                       PAGE
Environmental Impact Financing
Scope of management systems to assess ESG risks in financing activities
•   BNI has implemented a management system to assess ESG risk for all loan and investment banking                  Sustainability
    operations.                                                                                                      Report page
•   BNI has extended the integration of ESG risk in the underwriting process to other industrial sectors as             92-98
    one of the strategies for managing loan risk in 2024.
Environmental loan policy
BNI has developed Risk Acceptance Criteria (RAC) for 22 industrial sectors in the Corporate and Enterprise          Sustainability
segment, 18 industrial sectors in the Commercial segment, and 10 industrial sectors in the Retail Productive       Report page 17
segment.
BNI actively participates in the development of the social forestry program aimed at promoting economic             Sustainability
equality, improving the welfare of communities around forest areas, and preventing illegal logging through         Report page 98
sustainable forest management.
BNI has established credit policies that define Risk Acceptance Criteria (RAC) as a prerequisite for                Sustainability
extending credit to certain industrial sectors. These general credit policies are determined by the Credit         Report page 137
Policy Committee, while environmental and social risk assessments are conducted by the Risk and Capital
Management Committee. Additionally, evaluations are carried out by the Audit Committee.
Integration of ESG Risk Management
To strengthen oversight in policy formulation and management of Environmental, Social & Governance                 Annual Report
(ESG) aspects, BNI established an ESG Subcommittee under the Risk Management & Anti-Fraud Committee.                 page 1175
This subcommittee is chaired by the Deputy President Director, with the Risk Management Director serving
as Vice Chair. The Head of the Bank’s Risk Management Division acts as the committee secretary.
BNI conducts a Climate Risk StressTest (CRST)as part of its Climate Risk Management System, in compliance          Annual Report
with mandates from the Financial Services Authority (OJK). In 2024, the CRST was implemented on 50% of             page 1174, 1181
BNI’s credit portfolio, with plans to extend it to the entire credit portfolio by 2025.
All BNI staff undergo training on ESG risks and procedures, with legitimate evidence of the ESG training           Annual Report
program provided as part of the bank’s commitment to capacity building in this critical area.                        page 1185
ESG Risk Management Supervision
•   Active supervision by the Board of Commissioners and Board of Directors in the implementation of risk           Sustainability
    management, including the determination of the risk appetite and risk tolerance framework, risk control        Report page 17
    tools, and the framework and implementation of integrated risk management.
•   To strengthen supervision in terms of determining Environmental, Social & Governance (ESG) policies
    and management, BNI has formed an ESG subcommittee in the Risk Management & Anti-Fraud
    Committee chaired by the Deputy President Director and the Director of Risk Management as deputy
    chair.
Through the ESG subcommittee under the Risk Management and Anti-Fraud Committee, the Board of                       Sustainability
Directors is actively involved in ESG risk management including:                                                   Report page 134
• Preparing Environmental, Social, & Governance (ESG) management policies and strategies and their
   changes;
• Identifying potential ESG risks that have an impact on both BNI and BNI stakeholders;
• Monitoring the implementation of the Sustainability Finance strategy;
• Monitoring, evaluating and providing recommendations on the results of BNI's ESG Assessment;
• Evaluating the implementation of ESG strategies in all BNI business lines.
ESG Risk Management System
BNI has developed a robust management system to assess ESG risks in financing activities, which are                 Sustainability
outlined in the form of:                                                                                           Report page 136
• Industry Risk Rating
• Prospective Sector
• Industry Risk Appetite
• Risk Acceptance Criteria




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Capital & Risk Management   Good Corporate   Social & Environmental         ESG        Financial
         Practices           Governance          Responsibility          Commitment   Statements



   COMPANY PRACTICE                                                                                                        PAGE
   Sustainable Finance Opportunities
   •   As part of a strategic step to support a green economy, BNI has expanded the scope of financing                 Sustainability
       emission calculations, which previously only covered the Corporate, Enterprise and Medium                      Report page 41
       segments, now covering the Micro, Small and Medium Enterprises (MSMEs) segment.
   •   BNI has distributed SLL financing of IDR6.0 trillion to 5 sectors, namely the steel processing industry
       sector, the livestock and food processing industry sector, the cement processing industry sector, the
       plastic goods industry sector and the coal product industry sector.
   BNI has a total financing portfolio with the Sustainable Business Activity Category (KKUB) worth Rp190.5            Sustainability
   trillion, mainly in the form of financing to the MSME segment, sustainable natural resource management,            Report page 36
   energy efficiency and renewable energy.



  SOCIAL
                                                                      Social
   COMPANY PRACTICE                                                                                                        PAGE
   Consumer Financial Protection
   Practice
   BNI always strives to ensure the implementation of fair operational practice policies and in accordance            Annual Report
   with Bank policies and applicable regulations. In operational practices, BNI guarantees the following:                page 1028
   a. Preventing conflicts of interest                                                                                   (APUPPT)
   b. Prohibition on giving & receiving gifts or souvenirs                                                            Annual Report
   c. Provisions and prohibitions on abuse of office and gratification                                                   page 1053
   d. In order to realize Good Corporate Governance, BNI implements a Whistleblowing System (WBS)                       (Protection
   e. Customer protection policy and provision of Information/Data/Documents to external parties                       of Creditors’
   f. Policy on fulfilling creditor rights                                                                                 Rights)
   g. Anti-corruption and anti-fraud policies                                                                         Annual Report
                                                                                                                         page 1033
                                                                                                                     (Anti-Corruption
                                                                                                                           Policy)
                                                                                                                      Annual Report
                                                                                                                     page 1035 (Anti-
                                                                                                                       Gratification
                                                                                                                      & Anti-Bribery
                                                                                                                           Policy)
                                                                                                                      Annual Report
                                                                                                                         page 1080
                                                                                                                     (Whistleblowing
                                                                                                                          System)
                                                                                                                      Annual Report
                                                                                                                         page 1082
                                                                                                                        (Conflict of
                                                                                                                          Interest)
                                                                                                                       Sustainability
                                                                                                                     Report page 459-
                                                                                                                      460 (Consumer
                                                                                                                        Protection)
   The Board of Directors has high involvement in product supervision through the Product Committee, with             Annual Report
   duties and responsibilities including:                                                                               page 877
   1. Determining the size and business development strategy through BNI products/activities;
   2. Conducting comprehensive testing and deciding on the “feasibility” of new products/activities,
      especially related to cross-sectoral/segment alliances and strategic alliances with subsidiaries/other
      companies outside BNI by inviting the relevant Sector Directors;
   3. Monitoring products/activities implemented in BNI and making decisions on the sustainability of
      products/activities based on the recommendations of the Supporting Staff Group/product owner;
   4. As an arbitration institution in cross-sectoral issues related to the implementation of new products/
      activities.
   BNI carries out transparent marketing communications in accordance with OJK provisions and in                      Annual Report
   accordance with the Company's Internal policies.                                                                     page 369
   BNI has an independent settlement system that can provide protection for reporting parties and special             Annual Report
   training on internal and external protection programs.                                                              page 1080
   Regarding Debt Collection Policy, BNI has well-defined loan modification options that include income-              Annual Report
   based considerations and customer access to escalation options.                                                    page 340-342




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                                        2024        Management     Company        Management Discussion and         Business Support
                                    Performance       Report        Profile     Analysis on Company Performance        Functions



COMPANY PRACTICE                                                                                                      PAGE
BNI runs BNICorpu TV on YouTube channel to educate the public about financial literacy and current trends         Annual Report
in society by presenting speakers from BNI and professional institutions. Education is also carried out           page 1008-1025
through social media and cooperation with various government/private agencies.
The BNI Board-level Committee supervises complaints.                                                              Annual Report
                                                                                                                   page 1081
Human Resource Development
Practice
•   BNI provides training and competency development in all aspects of the Company's operations in a              Annual Report
    planned and sustainable manner by upholding equal opportunities for all levels of the organization and          page 64
    gender. Throughout 2024, BNI provided training and development programs organized by internal and
    external parties of the Bank to 272.351 employees or 98.72%, with an average of 8.6 training sessions
    for each employee.
•   BNI has a program that covers all employees (including part-time and contract).
•   Since 2018, BNI has had a mandatory learning program for all employees through Sustainable Finance
    e-learning to increase awareness and capabilities regarding the practice of integrating environmental,
    social, and governance (ESG) criteria into financial services to realize sustainable development
    outcomes, including mitigation and adaptation to the negative impacts of climate change.
Strategy
BNI has a Whistleblowing System (WBS) called "WBS to CEO", which is one of the early detection                    Annual Report
mechanisms for violations in BNI that can cause financial losses including things that can damage BNI's            page 1080
image. WBS management is carried out through collaboration with external parties, namely Deloitte.
BNI conducts employee satisfaction surveys along with employee engagement. In 2024, Employee                      Annual Report
Engagement Survey (EES)/Employee Engagement Rate 96%                                                                page 1176
Talent Development Strategy
The workforce planning strategy is aimed at ensuring the availability of employees in functions that are          Annual Report
aligned with BNI's strategy. Recruitment is carried out through various programs including the Officer            page 416-431
Development Program, Assistant Development Program and Experience Hire. In 2024, BNI will strengthen
the talent acquisition mechanism by perfecting the ODP General (ODP Commercial and Global Analyst),
ODP IT and ODP Data Analytics policies.

In addition to the Bina internship program, BNI also has an internship program for students. Among
others, through the Talented Generation Internship (MAGENTA) program through the magentaku.id
platform owned by the Ministry of SOEs and the Certified Independent Internship and Study Program
(MSIB) through the Kampus Merdeka platform owned by the Ministry of Culture, Research, and Technology
(Kemendikbudristek).

BNI organizes the Bina BNI Internship Program which aims to provide training and job guidance to the
inexperienced workforce by providing the knowledge, skills, and abilities needed to be able to compete
in the world of work. Bina BNI internship participants in 2024 are spread across all BNI operational areas.

In order to provide learning solutions for employees, BNI Corporate University has provided various
learning facilities and infrastructure that are arranged both in-house and in partnership with educational
institutions.
Programs & Initiatives
BNI has designed a stock ownership program for employees and management of the Company based on                   Annual Report
the approval given by shareholders at the 2022 Annual General Meeting of Shareholders held on March               page 1072-1077
15, 2023. The stock ownership program for the Company's management was implemented on August 14,
2023.
The remuneration strategy covers all employees, which is determined based on the principles of supply
and demand, BNI's remuneration position compared to the market, and considering employee talent
classification.The employee remuneration components consist of fixed remuneration which is differentiated
based on job weight and person value, while variable remuneration is given based on performance that is
linked to the achievement of bank performance, unit performance and the performance of the employee
concerned.




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         Practices           Governance          Responsibility       Commitment    Statements



   COMPANY PRACTICE                                                                                                      PAGE
   BNI provides training and competency development at all levels in the Company which is carried out in a          Annual Report
   planned and sustainable manner by upholding the provision of equal opportunities, and is adjusted to the         page 161-167
   training and development needs at each level.
   The realization of Education and Training Costs in 2024 is IDR 200.98 billion with the average frequency of
   training per year increasing from 8.6 times/employee (2023) to 10 times/employee (2024).
   Access to Finance
   Products and Strategies
   BNI is a direct provider or is directly involved in providing services in Micro/Microinsurance services.          Sustainability
                                                                                                                    Report page 68
   Distribution and Reach
   In supporting customer convenience in conducting banking transaction activities, BNI offers various              Annual Report
   e-Banking facilities that are constantly being improved through various developments and innovations.              page 459
   In order to expand its reach, BNI has more than 213 thousand BNI Agen46 which are BNI partners in                Annual Report
   providing banking services to the community in the context of inclusive finance. Agen46 can facilitate               page 5
   various banking services to help distribute government programs, such as the distribution of social               Sustainability
   assistance and subsidies.                                                                                        Report page 70
   Leading innovation in alternative branchless distribution channels targeting underserved demographics             Sustainability
   through Digital and Agen46 services.                                                                             Report page 99
   Privacy & Data Security
   Practice - Operational
   •   BNI guarantees that customers can update data, change, access and update data changes through                Annual Report
       BNICall and Customer Service.                                                                                   page 931
   •   BNI has a data protection and information security policy that regulates all related business lines/          Sustainability
       subsidiaries.                                                                                                Report page 60
   •   BNI's consumer data/information protection policy is carried out in accordance with Bank Indonesia
       Regulation (PBI) No. 22/20/PBI/2020 dated December 22, 2020 concerning Consumer Protection and
       Regulation of the Members of the Board of Governors of Bank Indonesia No. 23/17/PADG/2021 dated
       September 9, 2021 concerning Procedures for Implementing Bank Indonesia Consumer Protection.
   BNI launched an innovation in applying for credit cards and other consumer credit through e-forms, as            Annual Report
   well as opening digital accounts through mobile banking to reduce the potential for misuse of customer           page 452-456
   data, because data is directly stored in the system without going through physical forms.
   BNI formed a special organization (Information Security Division) that combines several units that have           Sustainability
   functions related to information security to maintain independence and focus more on evaluating,                 Report page 60
   implementing, monitoring and improving cyber security.
   BNI continues to develop digital banking services to make it easier for customers, while facing the               Sustainability
   challenges of data security and privacy protection from cybercrime threats. BNI is committed to managing         Report page 60
   this risk and protecting human rights.
   BNI also strengthens technology, digital innovation, and data security systems, and complies with                 Sustainability
   customer privacy protection regulations, such as OJK regulations and the Personal Data Protection Law.           Report page 60
   To ensure the reliability of the system and information security, technology audits are carried out              Annual Report
   periodically by the internal audit unit. Assessments from external parties include those carried out by the         page 679
   National Cyber and
                   ​​   Crypto Agency (BSSN) through the Information Security Index (Indeks KAMI).                   Sustainability
                                                                                                                    Report page 66




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                                     Performance       Report      Profile     Analysis on Company Performance        Functions



COMPANY PRACTICE                                                                                                    PAGE
The Technology Management Committee is one of the permanent committees at BNI that has the authority             Annual Report
to provide recommendations to the Board of Directors regarding the formulation, determination of policies          page 447
and strategies for developing BNI's information technology. This committee was formed with the aim of
assisting the Board of Commissioners and Board of Directors in carrying out supervision of Information
Technology (IT) activities, including those related to cyber security.
Practice - Employees
BNI provides employees in the IT Work Unit with various training to develop soft skills and hard skills.         Annual Report
Hard skill provision is carried out through project management training, IT architecture, programming, CI/       page 447-448
CD, secure coding, cloud security, and so on, which are carried out in-house or through Linkedin Learning,
Google and AWS training, and other training media.

For all employees, awareness of data security and/or privacy-related risks and procedures is also raised
through training and digital mindset development.


GOVERNANCE
                                                          Governance
COMPANY PRACTICE                                                                                                    PAGE
Governance

Governance

Salary Figures                                                                                                   Annual Report
Executive Pay Disclosure                                                                                         page 784-786

Ownership Structure                                                                                              Annual Report
• Controlling Shareholders                                                                                       page 168-174
• Controlling Shareholders to Watch Out For

One Share One Vote                                                                                               Annual Report
• Multiple Equity Classes with Different Voting Rights                                                             page 636
• Government Intervention to Watch Out For

Board of Directors

BOARD OF DIRECTORS INDEPENDENCE                                                                                  Annual Report
• Executive Officers in the Board of Directors                                                                   page 130-155,
• Transactions with Related Parties

BOARD OF DIRECTORS EXPERTISE & DIVERSITY                                                                         Annual Report
There are 25% Female Directors                                                                                     page 388

Salary

PAYMENT FIGURES                                                                                                  Annual Report
Executive Officer Pay Disclosure                                                                                 page 784-786

PAYMENT                                                                                                          Annual Report
• CEO Equity Policy                                                                                              page 768-787
• Clawback & Malus
• Sustainability-Linked Pay

Shareholding & Controllers

DIRECTOR ELECTION                                                                                                Annual Report
• Annual Director Election                                                                                         page 653
• Proxy Acces

ONE SHARE ONE VOTE                                                                                               Annual Report
• Multiple Equity Classes with Different Voting Rights                                                             page 636

SHAREHOLDER RIGHTS                                                                                               Annual Report
• Right to Speak on Pay Policy                                                                                     page 631

Accounting

ACCOUNTING RISK                                                                                                  Annual Report
Expenses Recognition                                                                                               page 327




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Capital & Risk Management   Good Corporate   Social & Environmental      ESG        Financial
         Practices           Governance          Responsibility       Commitment   Statements



   COMPANY PRACTICE                                                                                                     PAGE
   Business Ethics

   Business Ethics Policy & Practice

   BNI has a Board of Directors or C-suite committee or executive committee that oversees ethical issues.          Annual Report
                                                                                                                     page 892

   BNI has a detailed formal policy on bribery and anti-corruption.                                                Annual Report
                                                                                                                    page 1035

   BNI conducts an audit of all operations at least once every three years.                                        Annual Report
                                                                                                                     page 982

   BNI has a formal anonymous whistleblower system with legal protection for whistleblowers through the            Annual Report
   Whistleblowing System (WBS) managed with an external party, Deloitte.                                            page 1080

   BNI has a standard ethics training programme covering all employees (including part-time employees)             Annual Report
   and contractors.                                                                                                page 1044-1047

   All BNI suppliers are required to have an anti-corruption policy and programme for compliance verification.     Annual Report
                                                                                                                    page 1033

   BNI has an Anti-Money Laundering Policy. Policy and implementation strategy explained.                          Annual Report
                                                                                                                    page 1028

   Tax Transparency

   The implementation of tax transparency has referred to the regulations or policies of the Government.           Annual Report
                                                                                                                    page 1027




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10
Financial
Statements




Financial
Statements
Page 598

          
Page 599
                            PT BANK NEGARA INDONESIA (PERSERO) Tbk
                            DAN ENTITAS ANAK/AND SUBSIDIARIES

                            LAPORAN KEUANGAN KONSOLIDASIAN/
                            CONSOLIDATED FINANCIAL STATEMENTS

                            31 DESEMBER 2024 DAN 2023/
                            31 DECEMBER 2024 AND 2023




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                                            PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                               DAN ENTITAS ANAK/AND SUBSIDIARIES

LAPORAN KEUANGAN KONSOLIDASIAN                                                             CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                            31 DECEMBER 2024 AND 2023
DAN UNTUK TAHUN-TAHUN YANG BERAKHIR PADA                                                        AND FOR THE YEARS THEN ENDED
31 DESEMBER 2024 DAN 2023                                                                            31 DECEMBER 2024 AND 2023



                           Daftar Isi                                   Halaman/                       Table of Contents
                                                                         Page


                                                                                                                        Consolidated Statements of
Laporan Posisi Keuangan Konsolidasian ...................                 1-4       ..............................................Financial Position


Laporan Laba Rugi dan Penghasilan Komprehensif                                       Consolidated Statements of Profit or Loss
    Lain Konsolidasian ..............................................     5-7       ....................and Other Comprehensive Income

Laporan Perubahan          Ekuitas          Konsolidasian                                   Consolidated Statements of Changes in
    …………… ...........................................................     8-9       ….…...………………………………………Equity

Laporan Arus Kas Konsolidasian ...............................           10 - 12                 Consolidated Statements of Cash Flows

Catatan atas Laporan Keuangan Konsolidasian                                               Notes to the Consolidated Financial
    ....... ………………………………………………                                          13 - 299    ……………………….…………….…Statements


                                                                        Lampiran/
                                                                        Schedule

Informasi Keuangan Tambahan ................................              1-5       ..…………..…Supplementary Financial Information



                                                           **************************




                                                                                                                        2024 Annual Report
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                                         PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                            DAN ENTITAS ANAK/AND SUBSIDIARIES

  LAPORAN POSISI KEUANGAN                                                                   CONSOLIDATED STATEMENTS OF
  KONSOLIDASIAN                                                                                         FINANCIAL POSITION
  31 DESEMBER 2024 DAN 2023                                                                    31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah,                                                              (Expressed in millions of Rupiah,
  kecuali dinyatakan lain)                                                                             unless otherwise stated)

                                              Catatan/
                                               Notes         2024           2023

 ASET                                                                                                                         ASSETS

  Kas                                             4          13,709,930     11,207,201                                            Cash

  Giro pada Bank Indonesia                        5          51,669,054     65,256,432          Current accounts with Bank Indonesia

  Giro pada bank lain                           6,45b                                               Current accounts with other banks
    - Pihak berelasi                                             42,974         52,254                           Related parties -
    - Pihak ketiga                                           22,031,212     34,970,515                              Third parties -

  Total giro pada bank lain                                  22,074,186     35,022,769         Total current accounts with other banks
  Dikurangi: Cadangan kerugian                                                                         Less: Allowance for impairment
    penurunan nilai                                                  (13)             (7)                                     losses

                                                             22,074,173     35,022,762

  Penempatan pada bank lain dan                 7,45c                                                     Placements with other banks
    Bank Indonesia                                                                                              and Bank Indonesia
    - Pihak berelasi                                          1,620,191      1,210,621                            Related parties -
    - Pihak ketiga                                           15,455,444     42,583,643                              Third parties -

  Total penempatan pada bank lain dan                                                               Total placements with other banks
    Bank Indonesia                                           17,075,635     43,794,264                          and Bank Indonesia
  Dikurangi: Cadangan kerugian                                                                        Less: Allowance for impairment
    penurunan nilai                                                 (194)            (98)                                    losses

                                                             17,075,441     43,794,166

  Efek-efek                                     8,45d                                                             Marketable securities
    - Pihak berelasi                                         10,157,415     11,427,357                             Related parties -
    - Pihak ketiga                                           38,376,931     25,980,323                               Third parties -

  Total efek-efek                                            48,534,346     37,407,680                     Total marketable securities
  Dikurangi: Cadangan kerugian                                                                         Less: Allowance for impairment
    penurunan nilai                                                 (273)       (242,941)                                    losses

                                                             48,534,073     37,164,739

  Efek-efek yang dibeli                                                                                          Securities purchased
    dengan janji dijual kembali                  14           7,971,923     13,951,344                   under agreements to resell

  Wesel ekspor dan tagihan lainnya              9,45f                                                        Bills and other receivables
   - Pihak berelasi                                           6,208,736     10,085,240                              Related parties -
   - Pihak ketiga                                             7,087,118      9,192,255                                 Third parties -

  Total wesel ekspor dan tagihan lainnya                     13,295,854     19,277,495                 Total bills and other receivables
  Dikurangi: Cadangan kerugian                                                                         Less: Allowance for impairment
    penurunan nilai                                             (52,828)        (278,501)                                      losses

                                                             13,243,026     18,998,994




  Catatan atas laporan keuangan konsolidasian                                                 The accompanying notes to consolidated
  terlampir merupakan bagian yang tidak terpisahkan dari                             financial statements form an integral part of these
  laporan keuangan konsolidasian secara keseluruhan.                               consolidated financial statements taken as a whole.


                                                           Halaman - 1 - Page
1212    Transforming the Future, Empowering Indonesia
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                                     PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                        DAN ENTITAS ANAK/AND SUBSIDIARIES

LAPORAN POSISI KEUANGAN                                                                     CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN                                                                                           FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023                                                                      31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                                (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                               unless otherwise stated)

                                          Catatan/
                                           Notes            2024             2023

ASET (lanjutan)                                                                                                    ASSETS (continued)
Tagihan akseptasi                          10,45g                                                               Acceptance receivables
  - Pihak berelasi                                          2,825,260        3,158,955                             Related parties -
  - Pihak ketiga                                           13,193,510       14,409,720                                Third parties -

Total tagihan akseptasi                                    16,018,770       17,568,675                    Total acceptance receivables
Dikurangi: Cadangan kerugian                                                                            Less: Allowance for impairment
  penurunan nilai                                              (93,249)       (477,481)                                       losses

                                                           15,925,521       17,091,194

Tagihan derivatif                          11,45h                                                                 Derivative receivables
  - Pihak berelasi                                            341,832           37,939                              Related parties -
  - Pihak ketiga                                            1,451,146          957,738                                 Third parties -

Total tagihan derivatif                                      1,792,978         995,677                       Total derivative receivables

Pinjaman yang diberikan                    12,45i                                                                                 Loans
  - Pihak berelasi                                        159,402,689      126,359,320                              Related parties -
  - Pihak ketiga                                          616,469,089      568,725,449                                Third parties -

Total pinjaman yang diberikan                             775,871,778      695,084,769                                      Total loans
Dikurangi: Cadangan kerugian                                                                            Less: Allowance for impairment
  penurunan nilai                                          (38,684,520)     (47,158,131)                                      losses

                                                          737,187,258      647,926,638

Obligasi Pemerintah                        13,45e                                                                  Government Bonds
  setelah penyesuaian                                                                                      adjusted for amortization
  amortisasi diskonto dan premi                           132,071,569      127,100,369                     of discount and premium
Dikurangi: Cadangan kerugian                                                                            Less: Allowance for impairment
  penurunan nilai                                               (2,988)          (1,504)                                      losses

                                                          132,068,581      127,098,865

Pajak dibayar di muka                       29a                18,950          643,384                                     Prepaid taxes

Beban dibayar di muka                        15             2,941,109        2,743,330                                Prepaid expenses

Investasi pada entitas asosiasi            16,45j          12,748,127       11,283,466                         Investment in associates

Penyertaan saham - bersih                  17,45j             637,280          563,700                          Equity investments - net

Aset lain-lain - bersih                      18            14,107,067       16,972,197                                Other assets - net

Aset tetap dan aset hak-guna                 19             48,815,943       44,687,850            Fixed assets and right-of-use assets
Dikurangi: Akumulasi penyusutan                            (18,407,707)     (16,922,994)               Less: Accumulated depreciation

                                                           30,408,236       27,764,856

Aset takberwujud                             20               743,314          744,423                                 Intangible assets

Aset pajak tangguhan - bersih               29d             6,949,596        7,440,618                         Deferred tax assets - net

TOTAL ASET                                               1,129,805,637    1,086,663,986                                TOTAL ASSETS




Catatan atas laporan keuangan konsolidasian                                                    The accompanying notes to consolidated
terlampir merupakan bagian yang tidak terpisahkan dari                                financial statements form an integral part of these
laporan keuangan konsolidasian secara keseluruhan.                                  consolidated financial statements taken as a whole.


                                                         Halaman - 2 - Page
                                                                                                              2024 Annual Report
                                                                                            PT Bank Negara Indonesia (Persero) Tbk
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Page 613
                                         PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                            DAN ENTITAS ANAK/AND SUBSIDIARIES

  LAPORAN POSISI KEUANGAN                                                                  CONSOLIDATED STATEMENTS OF
  KONSOLIDASIAN                                                                                        FINANCIAL POSITION
  31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah,                                                             (Expressed in millions of Rupiah,
  kecuali dinyatakan lain)                                                                            unless otherwise stated)

                                              Catatan/
                                               Notes         2024           2023

  LIABILITAS DAN EKUITAS                                                                                   LIABILITIES AND EQUITY

  LIABILITAS                                                                                                              LIABILITIES

  Liabilitas segera                              21           5,514,720     5,294,952                     Obligations due immediately

  Simpanan nasabah                             22,45k                                                         Deposits from customers
    - Pihak berelasi                                        112,833,811   152,080,390                             Related parties -
    - Pihak ketiga                                          692,677,037   658,649,953                                Third parties -

  Total simpanan nasabah                                    805,510,848   810,730,343                    Total deposits from customers

  Simpanan dari bank lain                      23,45l                                                        Deposits from other banks
    - Pihak berelasi                                          4,164,697     2,705,107                             Related parties -
    - Pihak ketiga                                           14,383,767     9,188,881                                 Third parties -

  Total simpanan dari bank lain                              18,548,464    11,893,988                  Total deposits from other banks

  Liabilitas derivatif                         11,45p                                                              Derivative payables
     - Pihak berelasi                                           154,840         136,138                            Related parties -
     - Pihak ketiga                                           1,324,345         674,324                              Third parties -

  Total liabilitas derivatif                                  1,479,185         810,462                       Total derivative payables

  Efek-efek yang dijual                                                                                         Securities sold under
    dengan janji dibeli kembali                  24          15,890,945     6,891,177                     agreements to repurchase
  Liabilitas akseptasi                         25,45q                                                             Acceptance payables
     - Pihak berelasi                                           900,755     1,070,600                              Related parties -
     - Pihak ketiga                                           3,328,729     4,677,947                                Third parties -

  Total liabilitas akseptasi                                  4,229,484     5,748,547                       Total acceptance payables
  Beban yang masih harus dibayar                 26           1,529,305     1,663,865                                Accrued expenses
  Utang pajak                                   29b                                                                    Taxes payable
    - Pajak penghasilan badan                                  223,208          701,920                      Corporate income tax -
    - Pajak lainnya                                             94,361          121,053                               Other taxes -

  Total utang pajak                                            317,569          822,973                             Total taxes payable
  Imbalan kerja                                  41           7,146,717     7,005,834                                Employee benefits
  Penyisihan                                     27           2,283,222     2,172,732                                         Provisions
  Liabilitas lain-lain                           28          26,563,501    26,124,897                                    Other liabilities
  Efek-efek yang diterbitkan                  30,45m         12,974,497     4,893,357                                 Securities issued
  Pinjaman yang diterima                       31,45n        42,931,444    30,949,608                                        Borrowings
  Efek-efek subordinasi                        32,45o        17,699,183    16,928,731                          Subordinated securities

  TOTAL LIABILITAS                                          962,619,084   931,931,466                             TOTAL LIABILITIES




  Catatan atas laporan keuangan konsolidasian                                                 The accompanying notes to consolidated
  terlampir merupakan bagian yang tidak terpisahkan dari                             financial statements form an integral part of these
  laporan keuangan konsolidasian secara keseluruhan.                               consolidated financial statements taken as a whole.


                                                           Halaman - 3 - Page
1214    Transforming the Future, Empowering Indonesia
Page 614
                                       PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                          DAN ENTITAS ANAK/AND SUBSIDIARIES

LAPORAN POSISI KEUANGAN                                                                     CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN                                                                                           FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023                                                                      31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                                (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                               unless otherwise stated)

                                            Catatan/
                                             Notes          2024             2023

EKUITAS                                                                                                                         EQUITY
Ekuitas diatribusikan                                                                              Equity attributable to equity holders
  kepada pemilik entitas induk                                                                                      of the parent entity
Modal saham:                                                                                                                Share capital:
  - Seri A Dwiwarna - nilai nominal                                                                             Class A Dwiwarna -
     Rp3.750 per saham                                                                               Rp3,750 par value per share
     (dalam Rupiah penuh)                                                                                  (in full Rupiah amount)
  - Seri B - nilai nominal                                                                                      Class B - Rp3,750 -
     Rp3.750 per saham                                                                                         par value per share
     (dalam Rupiah penuh)                                                                                  (in full Rupiah amount)
  - Seri C - nilai nominal                                                                                      Class C - Rp187.5 -
     Rp187,5 per saham                                                                                         par value per share
     (dalam Rupiah penuh)                                                                                  (in full Rupiah amount)
Modal dasar:                                                                                                Share capital - Authorised:
  - Seri A Dwiwarna - 1 saham                                                                         Class A Dwiwarna - 1 share -
  - Seri B - 578.683.733 saham                                                                      Class B - 578,683,733 shares -
  - Seri C - 68.426.325.320 saham                                                                Class C - 68,426,325,320 shares -
Modal ditempatkan dan disetor penuh:                                                                                Issued and fully paid:
  - Seri A Dwiwarna - 1 saham                                                                         Class A Dwiwarna - 1 share -
  - Seri B - 578.683.733 saham                                                                      Class B - 578,683,733 shares -
  - Seri C - 36.678.114.582 saham              33           9,054,807         9,054,807          Class C -36,678,114,582 shares -

Tambahan modal disetor                         33          17,010,254       17,010,254                          Additional paid-in capital

Cadangan pembayaran berbasis saham             43             322,589          260,116                   Share-based payment reserve

Transaksi dengan kepentingan                                                                           Transactions with non-controlling
  nonpengendali                                1j           2,256,999         2,256,999                                     interests

Cadangan revaluasi aset                        19          16,711,395       15,447,829                        Asset revaluation reserve
Kerugian yang belum                                                                                                     Unrealised loss
  direalisasi atas efek-efek dan Obligasi                                                                  on marketable securities
  Pemerintah yang diukur pada                                                                               and Government Bonds
  nilai wajar melalui penghasilan                                                                         at fair value through other
  komprehensif lain, setelah pajak            8,13          (1,465,059)        (896,178)            comprehensive income, net of tax

Selisih kurs karena penjabaran                                                                                   Exchange difference on
  laporan keuangan dalam                                                                                translation of foreign currency
  mata uang asing                                              (96,998)         (58,367)                          financial statements

Saldo laba                                                                                                           Retained earnings
  Sudah ditentukan penggunaannya                                                                                        Appropriated
     Cadangan umum dan wajib                   35           2,778,412        2,778,412                   General and legal reserves
     Cadangan khusus                                                -                -                            Specific reserves
  Tidak ditentukan penggunaannya                          115,885,182      104,457,102                                Unappropriated
  Total saldo laba                                        118,663,594      107,235,514                         Total retained earnings

Saham treasuri                                                       -        (179,960)                                 Treasury shares
Total ekuitas yang dapat                                                                                    Total equity attributable to
  diatribusikan kepada                                                                                              equity holders of
  pemilik entitas induk                                   162,457,581      150,131,014                              the parent entity
Kepentingan non-pengendali                                  4,728,972        4,601,506                       Non-controlling interests

TOTAL EKUITAS                                             167,186,553      154,732,520                                  TOTAL EQUITY


TOTAL LIABILITAS DAN EKUITAS                             1,129,805,637    1,086,663,986             TOTAL LIABILITIES AND EQUITY



Catatan atas laporan keuangan konsolidasian                                                    The accompanying notes to consolidated
terlampir merupakan bagian yang tidak terpisahkan dari                                financial statements form an integral part of these
laporan keuangan konsolidasian secara keseluruhan.                                  consolidated financial statements taken as a whole.


                                                         Halaman - 4 - Page
                                                                                                              2024 Annual Report
                                                                                            PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                       1215
Page 615
                                         PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                            DAN ENTITAS ANAK/AND SUBSIDIARIES

  LAPORAN LABA RUGI DAN PENGHASILAN                                    CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
  KOMPREHENSIF LAIN KONSOLIDASIAN                                               AND OTHER COMPREHENSIVE INCOME
  UNTUK TAHUN-TAHUN YANG BERAKHIR                                                             FOR THE YEARS ENDED
  31 DESEMBER 2024 DAN 2023                                                             31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah,                                                       (Expressed in millions of Rupiah,
  kecuali dinyatakan lain)                                                                      unless otherwise stated)
                                           Catatan/
                                            Notes             2024              2023

  PENDAPATAN BUNGA                             37             66,583,110        61,471,696                        INTEREST INCOME

  BEBAN BUNGA                                  38            (26,102,905)       (20,196,023)                    INTEREST EXPENSE

  PENDAPATAN BUNGA - BERSIH                                   40,480,205        41,275,673                 INTEREST INCOME - NET
  Pendapatan premi dan                                                                                                Premium income
    hasil investasi                                            6,741,317          6,853,074                    and investment return
  Beban klaim                                                 (5,017,507)        (5,193,773)                           Claims expense
  PENDAPATAN PREMI DAN                                                                                    PREMIUM INCOME AND
    HASIL INVESTASI - BERSIH                                   1,723,810         1,659,301          INVESTMENTS RETURN - NET
  PENDAPATAN
    OPERASIONAL LAINNYA                                                                              OTHER OPERATING INCOME
  Provisi dan komisi lainnya                                  10,249,243        10,120,172                Other fee and commission
  Laba dari entitas asosiasi                                   1,522,798         1,327,868      Income from investment in associates
  Penerimaan kembali aset
    yang telah dihapusbukukan                                  6,025,183         5,029,766               Recovery of assets written off
  Keuntungan yang
    belum direalisasi dari
    perubahan nilai wajar aset                                                                           Unrealised gain on changes in
    keuangan yang diukur                                                                              fair value of financial assets at
    pada nilai wajar melalui laba rugi                          144,558             73,552            fair value through profit or loss
  Keuntungan dari penjualan
    aset keuangan yang diukur pada                                                                     Gain on sale of financial assets
    nilai wajar melalui penghasilan                                                                       at fair value through other
    komprehensif lain dan                                                                            comprehensive income and fair
    nilai wajar melalui laba rugi                              1,769,243         1,179,693               value through profit or loss
  Laba selisih kurs - bersih                                   1,262,002         1,019,050              Foreign exchange gains - net
  Lain-lain                                                    1,337,878         1,062,328                                       Others
  TOTAL PENDAPATAN                                                                                      TOTAL OTHER OPERATING
    OPERASIONAL LAINNYA                                       22,310,905        19,812,429                           INCOME
  PEMBENTUKAN
    CADANGAN KERUGIAN                                                                                            ALLOWANCE FOR
    PENURUNAN NILAI                                           (8,210,562)        (9,196,402)                IMPAIRMENT LOSSES
  BEBAN OPERASIONAL                                                                                             OTHER OPERATING
    LAINNYA                                                                                                            EXPENSES
  Gaji dan tunjangan                         39,45u          (13,948,131)       (12,833,769)         Salaries and employees’ benefits
  Umum dan administrasi                        40             (9,184,590)        (9,193,199)               General and administrative
  Premi penjaminan simpanan                                   (1,567,476)        (1,476,244)              Deposit guarantee premium
  Beban promosi                                               (1,135,800)        (1,066,423)                      Promotion expense
  Lain-lain                                                   (3,852,448)        (3,208,030)                                  Others
  TOTAL BEBAN OPERASIONAL                                                                               TOTAL OTHER OPERATING
    LAINNYA                                                  (29,688,445)       (27,777,665)                       EXPENSES

  LABA OPERASIONAL                                            26,615,913        25,773,336                      OPERATING INCOME




  Catatan atas laporan keuangan konsolidasian                                                 The accompanying notes to consolidated
  terlampir merupakan bagian yang tidak terpisahkan dari                             financial statements form an integral part of these
  laporan keuangan konsolidasian secara keseluruhan.                               consolidated financial statements taken as a whole.


                                                           Halaman - 5 - Page
1216   Transforming the Future, Empowering Indonesia
Page 616
                                     PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                        DAN ENTITAS ANAK/AND SUBSIDIARIES

LAPORAN LABA RUGI DAN PENGHASILAN                                    CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN                                               AND OTHER COMPREHENSIVE INCOME
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                             FOR THE YEARS ENDED
31 DESEMBER 2024 DAN 2023                                                             31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                       (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                      unless otherwise stated)
                                        Catatan/
                                         Notes              2024              2023

PENDAPATAN/(BEBAN) BUKAN                                                                                          NON-OPERATING
  OPERASIONAL - BERSIH                                         (35,455)         (133,598)                INCOME/(EXPENSE) - NET
;


LABA SEBELUM BEBAN                                                                                                  INCOME BEFORE
  PAJAK                                                     26,580,458        25,639,738                            TAX EXPENSES

BEBAN PAJAK                                                                                                           TAX EXPENSES
  Kini                                                      (4,495,531)       (4,462,052)                                   Current
  Tangguhan                                                   (415,530)          (71,458)                                  Deferred
TOTAL BEBAN PAJAK                            29c            (4,911,061)       (4,533,510)                     TOTAL TAX EXPENSES

LABA BERSIH                                                 21,669,397        21,106,228                                  NET INCOME

PENGHASILAN KOMPREHENSIF                                                                                   OTHER COMPREHENSIVE
  LAIN:                                                                                                                      INCOME:
Pos-pos yang tidak akan                                                                                          Items that will not be
  direklasifikasi ke laba rugi                                                                          reclassified to profit or loss
Keuntungan yang berasal                                                                                                        Gain from
  dari revaluasi aset tetap                                  1,375,650               9,998                 revaluation of fixed assets

Pengukuran kembali liabilitas                                                                                   Remeasurement of post
  imbalan kerja                                               523,563           (505,219)                        employment benefit

Pajak penghasilan terkait                                     (211,740)          96,005                             Related income tax
Pos-pos yang akan                                                                                                     Items that will be
  direklasifikasi ke laba rugi                                                                          reclassified to profit or loss
Penyesuaian akibat penjabaran                                                                                   Translation adjustment
  laporan keuangan dalam                                                                                           of foreign currency
  mata uang asing                                              (38,631)          (21,997)                        financial statements
(Kerugian)/keuntungan dari perubahan nilai                                                           (Loss)/gain on changes in value of
  aset keuangan yang diukur pada                                                                                   financial assets at
  nilai wajar melalui                                                                                               fair value through
  penghasilan komprehensif lain                               (813,581)        1,444,294                other comprehensive income

Pajak penghasilan terkait                                     161,680           (349,786)                           Related income tax

LABA KOMPREHENSIF                                                                                          OTHER COMPREHENSIVE
  LAIN TAHUN BERJALAN                                                                                      INCOME FOR THE YEAR
  SETELAH PAJAK                                               996,941           673,295                            AFTER TAXES
TOTAL LABA KOMPREHENSIF                                                                                     TOTAL COMPREHENSIVE
  TAHUN BERJALAN                                            22,666,338        21,779,523                   INCOME FOR THE YEAR

LABA TAHUN BERJALAN                                                                                          INCOME FOR THE YEAR
  DIATRIBUSIKAN KEPADA:                                                                                        ATTRIBUTABLE TO:
Pemilik entitas induk                                       21,463,599        20,909,476              Equity holders of the parent entity
Kepentingan non-pengendali                                     205,798           196,752                        Non-controlling interest
TOTAL                                                       21,669,397        21,106,228                                         TOTAL




Catatan atas laporan keuangan konsolidasian                                                The accompanying notes to consolidated
terlampir merupakan bagian yang tidak terpisahkan dari                            financial statements form an integral part of these
laporan keuangan konsolidasian secara keseluruhan.                              consolidated financial statements taken as a whole.


                                                         Halaman - 6 - Page
                                                                                                               2024 Annual Report
                                                                                             PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                      1217
Page 617
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  LAPORAN LABA RUGI DAN PENGHASILAN                                   CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
  KOMPREHENSIF LAIN KONSOLIDASIAN                                              AND OTHER COMPREHENSIVE INCOME
  UNTUK TAHUN-TAHUN YANG BERAKHIR                                                            FOR THE YEARS ENDED
  31 DESEMBER 2024 DAN 2023                                                            31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah,                                                      (Expressed in millions of Rupiah,
  kecuali dinyatakan lain)                                                                     unless otherwise stated)
                                           Catatan/
                                            Notes             2024              2023

  LABA KOMPREHENSIF                                                                                     TOTAL COMPREHENSIVE
    PERIODE BERJALAN                                                                                  INCOME FOR THE PERIOD
    DIATRIBUSIKAN KEPADA:                                                                                  ATTRIBUTABLE TO:
  Pemilik entitas induk                                       22,538,872        21,559,964          Equity holders of the parent entity
  Kepentingan nonpengendali                                      127,466           219,559                    Non-controlling interest

  TOTAL                                                       22,666,338        21,779,523                                     TOTAL


  LABA PER SAHAM                                                                                       BASIC/DILUTED EARNINGS
    DASAR/DILUSIAN                                                                                  PER SHARE ATTRIBUTABLE
    DIATRIBUSIKAN KEPADA                                                                                   TO EQUITY HOLDERS
    PEMILIK ENTITAS INDUK                                                                               OF THE PARENT ENTITY
    (DALAM RUPIAH PENUH)                       42                    576               561           (IN FULL RUPIAH AMOUNT)




  Catatan atas laporan keuangan konsolidasian                                                The accompanying notes to consolidated
  terlampir merupakan bagian yang tidak terpisahkan dari                            financial statements form an integral part of these
  laporan keuangan konsolidasian secara keseluruhan.                              consolidated financial statements taken as a whole.


                                                           Halaman - 7 - Page
1218   Transforming the Future, Empowering Indonesia
Page 618
                                                                                                                                                                                      PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                                                                                                                                                         DAN ENTITAS ANAK/AND SUBSIDIARIES

                                         LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN                                                                                                                                                                                                                           CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
                                         UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2024 DAN 2023                                                                                                                                                                                                          FOR THE YEARS ENDED 31 DECEMBER 2024 AND 2023
                                         (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                                                                                                                                                             (Expressed in millions of Rupiah, unless otherwise stated)


                                                                                                                                                            Kerugian yang
                                                                                                                                                           belum direalisasi
                                                                                                                                                             atas efek-efek
                                                                                                                                                              dan Obligasi
                                                                                                                                                              Pemerintah
                                                                                                                                                              yang diukur
                                                                                                                                                               pada nilai
                                                                                                                                                             wajar melalui
                                                                                                                                                              penghasilan
                                                                                                                                                             komprehensif            Selisih
                                                                                                                                                              lain setelah       kurs karena
                                                                                                                                                                   pajak/        penjabaran
                                                                                                                                                               Unrealised           laporan                             Saldo laba/Retained earnings
                                                                                                                                                                  losses          keuangan
                                                                                                                                                             on marketable       dalam mata                            Dicadangkan/
                                                                                                                                             Transaksi         securities        uang asing/                           Appropriated
                                                                                                           Modal                               dengan       and Government        Exchange
                                                                                                       ditempatkan                          kepentingan         Bonds at        difference on         Cadangan          Cadangan                                               Cadangan
                                                                                                        dan disetor                        nonpengendali/       fair value      translation of        revaluasi           umum                                               pembayaran        Total ekuitas
                                                                                                          penuh/         Tambahan           Transactions     through other          foreign             aset/           dan wajib/                           Saham          berbasis saham/   pemilik entitas      Kepentingan
                                                                                                        Issued and      modal disetor/           with       comprehensive          currency             Asset             General             Tidak         treasuri/        Share-based        induk/Total       nonpengendali/
                                                                                        Catatan/       fully paid-up      Additional       non-controlling      income -           financial         revaluation        and legal         dicadangkan/      Treasury            payment        equity owners      Non-controlling Total ekuitas/
                                                                                         Notes            capital       paid-in capital        interest        net of tax        statements            reserve           reserves        Unappropriated*)    shares             reserve          of parent           interest      Total equity


                                         Saldo pada tanggal 31 Desember 2023                               9,054,807        17,010,254           2,256,999         (896,178)            (58,367)      15,447,829          2,778,412          104,457,102      (179,960)            260,116        150,131,014          4,601,506       154,732,520    Balance as of 31 December 2023

                                         Laba tahun berjalan                                                        -                 -                  -                 -                     -                 -                 -        21,882,818                -                 -        21,882,818            205,798        22,088,616                      Profit for the year

                                         Laba komprehensif lainnya                                                                                                                                                                                                                                                                                          Other comprehensive income
                                            untuk tahun berjalan                           8,13                     -                 -                  -         (568,881)            (38,631)       1,263,566                     -                 -                -                 -           656,054            (78,332)          577,722                       for the year

                                         Pembagian dividen                                  34                      -                 -                  -                 -                     -                 -                 -       (10,454,738)               -                 -        (10,454,738)                 -      (10,454,738)              Distribution of dividends

                                         Saham treasuri                                                             -                 -                  -                 -                     -                 -                 -                -        179,960                    -           179,960                   -          179,960                       Treasury shares

                                         Penambahan cadangan pembayaran                                                                                                                                                                                                                                                                                        Additional of share-based
                                            berbasis saham                                  43                      -                 -                  -                 -                     -                 -                 -                 -                -           62,473              62,473                  -           62,473                  payment reserve


                                         Saldo pada tanggal 31 Desember 2024                               9,054,807        17,010,254           2,256,999        (1,465,059)           (96,998)      16,711,395          2,778,412          115,885,182                -          322,589        162,457,581          4,728,972       167,186,553    Balance as of 31 December 2024



                                         *) Termasuk di dalam saldo laba tidak dicadangkan adalah pengukuran kembali liabilitas imbalan kerja.                                                                                                                                           *)   Included in unappropriated retained earnings is the remeasurement of post employment benefit.




PT Bank Negara Indonesia (Persero) Tbk
                  2024 Annual Report
        1219
                                         Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang                                                                                                                                                          The accompanying notes to the consolidated financial statements form an integral part of these
                                         tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan.                                                                                                                                                                                                     consolidated financial statements taken as a whole.

                                                                                                                                                                                                          Halaman - 8 - Page
Page 619
                                                                                                                                                                                            PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                                                                                                                                                               DAN ENTITAS ANAK/AND SUBSIDIARIES




1220
                                                LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN                                                                                                                                                                                                                               CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
                                                UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2024 DAN 2023                                                                                                                                                                                                              FOR THE YEARS ENDED 31 DECEMBER 2024 AND 2023
                                                (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                                                                                                                                                                 (Expressed in millions of Rupiah, unless otherwise stated)



                                                                                                                                                                  Kerugian yang
                                                                                                                                                                 belum direalisasi
                                                                                                                                                                   atas efek-efek
                                                                                                                                                                    dan Obligasi
                                                                                                                                                                    Pemerintah
                                                                                                                                                                    yang diukur
                                                                                                                                                                     pada nilai
                                                                                                                                                                   wajar melalui
                                                                                                                                                                    penghasilan
                                                                                                                                                                   komprehensif            Selisih
                                                                                                                                                                    lain setelah       kurs karena
                                                                                                                                                                        pajak/         penjabaran
                                                                                                                                                                     Unrealized           laporan                             Saldo laba/Retained earnings
                                                                                                                                                                       losses           keuangan
                                                                                                                                                                   on marketable       dalam mata                            Dicadangkan/
                                                                                                                                                   Transaksi         securities        uang asing/                           Appropriated
                                                                                                                  Modal                              dengan       and Government        Exchange
                                                                                                              ditempatkan                         kepentingan         Bonds at        difference on         Cadangan          Cadangan                                               Cadangan
                                                                                                               dan disetor                       nonpengendali/      fair value       translation of        revaluasi           umum                                               pembayaran             Total ekuitas
                                                                                                                 penuh/         Tambahan          Transactions     through other          foreign             aset/           dan wajib/                           Saham          berbasis saham/        pemilik entitas      Kepentingan
                                                                                                               Issued and      modal disetor/          with       comprehensive          currency             Asset             General             Tidak         treasuri/        Share-based             induk/Total       nonpengendali/
                                                                                               Catatan/       fully paid-up      Additional      non-controlling      income -           financial         revaluation        and legal         dicadangkan/      Treasury           payment              equity owners      Non-controlling Total ekuitas/
                                                                                                Notes            capital       paid-in capital       interest        net of tax        statements            reserve           reserves        Unappropriated*)    shares             reserve               of parent           interest      Total equity




Transforming the Future, Empowering Indonesia
                                                Saldo pada tanggal 31 Desember 2022                               9,054,807        17,010,254           2,256,999       (1,971,154)           (36,370)      15,441,439          2,778,412           91,281,328                -                    -         135,815,715          4,381,947       140,197,662     Balance as of 31 December 2022

                                                Laba tahun berjalan                                -                       -                 -                  -                -                     -                 -                 -        20,500,595                -                    -          20,500,595            196,752        20,697,347                     Profit for the year

                                                Laba komprehensif lainnya                                                                                                                                                                                                                                                                                             Other comprehensive income
                                                    untuk tahun berjalan                          8,13                     -                 -                  -       1,074,976             (21,997)           6,390                     -                 -                -                    -           1,059,369             22,807         1,082,176                      for the year

                                                Pembagian dividen                                  34                      -                 -                  -                -                     -                 -                 -        (7,324,821)               -                    -           (7,324,821)                 -        (7,324,821)            Distribution of dividends

                                                Saham treasuri                                     33                      -                 -                  -                -                     -                 -                 -                -       (179,960)                      -             (179,960)                 -         (179,960)                     Treasury shares

                                                Penambahan cadangan pembayaran                                                                                                                                                                                                                                                                                            Additional of share-based
                                                   berbasis saham                                  43                      -                 -                  -                -                     -                 -                 -                 -                -          260,116                 260,116                   -          260,116                   payment reserve


                                                Saldo pada tanggal 31 Desember 2023                               9,054,807        17,010,254           2,256,999        (896,178)            (58,367)      15,447,829          2,778,412          104,457,102      (179,960)            260,116             150,131,014          4,601,506       154,732,520     Balance as of 31 December 2023



                                                *) Termasuk di dalam saldo laba tidak dicadangkan adalah pengukuran kembali liabilitas imbalan kerja.                                                                                                                                         *)       Included in unappropriated retained earnings is the remeasurement of post employment benefit.




                                                Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang                                                                                                                                                         The accompanying notes to the consolidated financial statements form an integral part of these
                                                tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan.                                                                                                                                                                                                    consolidated financial statements taken as a whole.

                                                                                                                                                                                                                Halaman - 9 - Page
Page 620
                                       PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                          DAN ENTITAS ANAK/AND SUBSIDIARIES

LAPORAN ARUS KAS KONSOLIDASIAN                                                          CONSOLIDATED STATEMENTS OF
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                      CASH FLOWS FOR THE YEARS ENDED
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                             (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                            unless otherwise stated)

                                             Catatan/
                                              Notes        2024               2023

ARUS KAS DARI AKTIVITAS                                                                                        CASH FLOWS FROM
  OPERASI                                                                                                OPERATING ACTIVITIES
Penerimaan pendapatan bunga                                 66,149,661         60,989,587               Receipts from interest income
Pembayaran beban bunga                                     (26,031,790)       (19,944,410)              Payments of interest expense
Pendapatan premi dan hasil investasi                         6,876,597          6,853,074            Premium and investment income
Beban klaim                                                 (5,017,507)        (5,193,773)                           Claims expense
Pendapatan operasional lainnya                              26,436,787         16,949,163                    Other operating income
Beban operasional lainnya                                  (28,632,962)       (23,283,035)                 Other operating expenses
Pendapatan (beban) bukan
  operasional - bersih                                         (35,455)          (133,598)    Non-operating income (expenses) - net
Pembayaran pajak penghasilan                                (4,349,809)        (5,151,648)                    Payment of income tax
Arus kas sebelum perubahan dalam                                                                    Cash flows before changes in
  aset dan liabilitas operasi                              35,395,522         31,085,360          operating assets and liabilities

Perubahan dalam aset dan                                                                               Changes in operating assets
  liabilitas operasi:                                                                                              and liabilities:
                                                                                                              (Increase)/decrease
  (Kenaikan)/penurunan aset operasi:                                                                        in operating assets:
    Penempatan pada                                                                                             Placements with
      Bank Indonesia dan                                                                                 Bank Indonesia and
      bank lain                                                (52,468)         (440,595)                         other banks
    Efek-efek dan Obligasi
      Pemerintah yang diukur                                                                         Marketable securities and
      pada nilai wajar melalui                                                                Government Bonds at fair value
      laba rugi                                            (14,115,494)        (5,027,231)              through profit or loss
    Efek-efek yang dibeli                                                                                  Securities purchased
      dengan janji dijual kembali               14           5,979,421          2,679,927         under agreements to resell
    Wesel ekspor dan tagihan lainnya                         5,981,641          1,624,634           Bills and other receivables
    Pinjaman yang diberikan                                (99,510,845)       (63,286,794)                                 Loans
    Tagihan akseptasi                                        1,549,905          2,445,553              Acceptance receivables
    Beban dibayar di muka                       15            (197,779)           500,290                    Prepaid expenses
    Penempatan term deposit valas                                                               Foreign exchange term deposit
      devisa hasil ekspor                                   1,631,137          (2,540,505)              from export activities
    Aset lain-lain                                          1,667,443             (93,469)                         Other assets

                                                                                                  (Decrease)/increase in operating
  (Penurunan)/kenaikan liabilitas operasi:                                                                               liabilities:
    Liabilitas segera                           21             219,768           608,592            Obligations due immediately
    Simpanan nasabah                            22          (5,219,495)       41,461,352               Deposits from customers
    Simpanan dari bank lain                     23           6,654,476        (3,350,566)            Deposits from other banks
    Kewajiban atas penempatan                                                                                Liabilities related to
       term deposit valas                                                                              foreign exchange term
       devisa hasil ekspor                                  (1,631,137)        2,540,505         deposit from export activities
    Beban yang masih harus dibayar              26            (134,560)          223,195                      Accrued expenses
    Imbalan kerja                               41            (507,803)          701,494                      Employee benefits
    Liabilitas akseptasi                        25          (1,519,063)          447,304                   Acceptance payables
    Utang pajak                                                (26,693)          (38,297)                         Taxes payable
    Liabilitas lain-lain                        28             618,111           852,115                          Other liabilities
Kas bersih (digunakan untuk)/                                                                           Net cash (used in)/provided
  diperoleh dari aktivitas operasi                         (63,217,913)       10,392,864                 from operating activities




Catatan atas laporan keuangan konsolidasian terlampir                          The accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan                                        statements form an integral part of these
keuangan konsolidasian secara keseluruhan.                                       consolidated financial statements taken as a whole.


                                                        Halaman - 10 - Page
                                                                                                             2024 Annual Report
                                                                                           PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                        1221
Page 621
                                           PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              DAN ENTITAS ANAK/AND SUBSIDIARIES

  LAPORAN ARUS KAS KONSOLIDASIAN                                                          CONSOLIDATED STATEMENTS OF
  UNTUK TAHUN-TAHUN YANG BERAKHIR                                                      CASH FLOWS FOR THE YEARS ENDED
  31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah,                                                             (Expressed in millions of Rupiah,
  kecuali dinyatakan lain)                                                                            unless otherwise stated)

                                             Catatan/
                                              Notes          2024               2023


  ARUS KAS DARI AKTIVITAS                                                                                      CASH FLOWS FROM
    INVESTASI                                                                                              INVESTING ACTIVITIES
  Penjualan efek-efek
    yang diukur pada nilai wajar melalui                                                                      Proceed from marketable
    penghasilan komprehensif lain dan                                                               securities measured at fair value
    biaya perolehan yang                                                                               through other comprehensive
    diamortisasi                                            192,702,098         55,841,139                income and amortised cost
  Pembelian efek-efek
    yang diukur pada nilai wajar melalui                                                                    Placement from marketable
    penghasilan komprehensif lain dan                                                               securities measured at fair value
    biaya perolehan yang                                                                               through other comprehensive
    diamortisasi                                            (193,676,092)       (58,100,935)              income and amortised cost
  Penjualan dari Obligasi
    Pemerintah yang diukur pada
    nilai wajar melalui                                                                                       Proceed of Government
    penghasilan komprehensif                                                                             Bonds at fair value through
    lain dan biaya perolehan yang                                                                      other comprehensive income
    diamortisasi                                            133,707,136         55,658,940                      and amortised cost
  Pembelian dari Obligasi
    Pemerintah yang diukur pada                                                                             Placement of Government
    nilai wajar melalui penghasilan                                                                      Bonds at fair value through
    komprehensif lain dan biaya                                                                        other comprehensive income
    perolehan yang diamortisasi                             (134,923,291)       (61,028,460)                      and amortised cost
  Pembelian aset tetap                          19            (3,106,669)        (2,355,060)                Acquisition of fixed assets
  Hasil penjualan aset tetap                                      26,713             13,119         Proceeds from sale of fixed assets
  Penyertaan pada Entitas anak                                         -           (800,000)             Capital injection in Subsidiary
  Kas bersih digunakan untuk                                                                                        Net cash used in
    aktivitas investasi                                       (5,270,105)       (10,771,257)                    investing activities

  ARUS KAS DARI AKTIVITAS                                                                          CASH FLOWS FROM FINANCING
    PENDANAAN                                                                                                    ACTIVITIES
  Penerimaan
    pinjaman yang diterima                                   29,009,391         15,899,532                    Receipt from borrowings
  Pembayaran
    pinjaman yang diterima                                   (16,584,455)       (20,658,021)                 Payment for borrowings
  Penerimaan efek-efek yang                                                                                 Receipt in securities sold
    dijual dengan janji dibeli kembali          24             9,351,740         6,382,251         under agreements to repurchase
  Pembayaran efek-efek yang                                                                               Payment for securities sold
    dijual dengan janji dibeli kembali          24              (920,846)        (2,370,705)       under agreements to repurchase
  Penerimaan efek-efek yang diterbitkan                        8,187,500                  -               Receipt in securities issued
  Saham tresuri                                                        -           (179,960)                         Treasury shares
  Pembayaran liabilitas sewa                                    (870,149)          (240,769)                Payment of lease liability
  Pembayaran dividen                                         (10,454,738)        (7,324,821)                   Payment of dividends
  Kas bersih diperoleh dari/                                                                                 Net cash provided from/
    (digunakan untuk) aktivitas                                                                                 (used in) financing
    pendanaan                                                17,718,443          (8,492,493)                               activities

  PENURUNAN BERSIH                                                                                          NET DECREASE IN
    KAS DAN SETARA KAS                                       (50,769,575)        (8,870,886)    CASH AND CASH EQUIVALENTS

  KAS DAN SETARA KAS PADA                                                                          CASH AND CASH EQUIVALENTS
    AWAL TAHUN                                              154,879,093     163,900,321             AT BEGINNING OF THE YEAR

  Pengaruh perubahan kurs                                                                                    Effect of foreign currency
    mata uang asing                                              (34,754)         (150,342)                  exchange rate changes
  KAS DAN SETARA KAS PADA                                                                          CASH AND CASH EQUIVALENTS
    AKHIR TAHUN                                             104,074,764     154,879,093               AT THE END OF THE YEAR




  Catatan atas laporan keuangan konsolidasian terlampir                          The accompanying notes to the consolidated financial
  merupakan bagian yang tidak terpisahkan dari laporan                                        statements form an integral part of these
  keuangan konsolidasian secara keseluruhan.                                       consolidated financial statements taken as a whole.


                                                          Halaman - 11 - Page
1222   Transforming the Future, Empowering Indonesia
Page 622
                                       PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                          DAN ENTITAS ANAK/AND SUBSIDIARIES

LAPORAN ARUS KAS KONSOLIDASIAN                                                          CONSOLIDATED STATEMENTS OF
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                      CASH FLOWS FOR THE YEARS ENDED
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                             (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                            unless otherwise stated)

                                         Catatan/
                                          Notes            2024               2023


KAS DAN                                                                                                                 CASH AND
  SETARA KAS TERDIRI DARI:                                                                   CASH EQUIVALENTS CONSIST OF:
Kas                                          4             13,709,930         11,207,201                                       Cash
Giro pada Bank Indonesia                     5             51,669,054         65,256,432      Current accounts with Bank Indonesia
Giro pada bank lain                          6             22,074,186         35,022,769         Current accounts with other banks
Penempatan pada Bank Indonesia                                                                     Placements with Bank Indonesia
  dan bank lain - jangka waktu                                                                         and other banks - maturing
  jatuh tempo tiga bulan atau kurang                                                                       within three months of
  sejak tanggal perolehan                                  16,621,594         43,392,691                          acquisition date
Total kas dan setara kas                                  104,074,764     154,879,093              Total cash and cash equivalents




Catatan atas laporan keuangan konsolidasian terlampir                         The accompanying notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan                                       statements form an integral part of these
keuangan konsolidasian secara keseluruhan.                                      consolidated financial statements taken as a whole.


                                                        Halaman - 12 - Page
                                                                                                             2024 Annual Report
                                                                                           PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                    1223
Page 623
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  1.   INFORMASI UMUM                                              1.   GENERAL INFORMATION

       a.   Pendirian Bank                                              a.   Establishment of the Bank

            PT Bank Negara Indonesia (Persero) Tbk                           PT Bank Negara Indonesia (Persero) Tbk
            (“BNI” atau “Bank”) pada awalnya didirikan di                    (“BNI" or “Bank”) was originally established in
            Indonesia sebagai bank sentral dengan nama                       Indonesia as the central bank under the name
            “Bank    Negara     Indonesia”  berdasarkan                      “Bank      Negara      Indonesia” based     on
            Peraturan Pemerintah Pengganti Undang-                           Government Regulation in Lieu of Law No. 2 of
            Undang No. 2 tahun 1946 tanggal 5 Juli 1946.                     1946 dated 5 July 1946. Subsequently, by
            Selanjutnya, berdasarkan Undang-Undang                           virtue of Law No. 17 of 1968, BNI became
            No. 17 tahun 1968, BNI ditetapkan menjadi                        “Bank Negara Indonesia 1946”, and changed
            “Bank Negara Indonesia 1946”, dan statusnya                      its status to a state-owned commercial bank.
            menjadi Bank Umum Milik Negara.

            Berdasarkan Peraturan Pemerintah No. 19                          Based on Government Regulation No. 19 of
            tahun 1992, tanggal 29 April 1992, telah                         1992, dated 29 April 1992, BNI changed its
            dilakukan penyesuaian bentuk hukum BNI                           legal status to a limited liability corporation
            menjadi perusahaan perseroan terbatas                            (Persero). The change in legal status to
            (Persero). Penyesuaian bentuk hukum menjadi                      become a limited liability corporation was
            Persero, dinyatakan dalam Akta No. 131,                          covered by Notarial Deed No. 131, dated
            tanggal 31 Juli 1992, dibuat di hadapan                          31 July 1992 of Muhani Salim, S.H., and was
            Muhani Salim, S.H., yang telah diumumkan                         published in Supplement No. 1A of the State
            dalam Berita Negara Republik Indonesia                           Gazette No. 73 dated 11 December 1992.
            No. 73 tanggal 11 December 1992 Tambahan
            No. 1A.

            Untuk memenuhi ketentuan Undang-Undang                           In compliance with the Indonesian Limited
            No. 40 Tahun 2007 tanggal 16 Agustus 2007                        Liability Company Law No. 40 Year 2007
            tentang Perseroan Terbatas, Anggaran Dasar                       dated 16 August 2007, BNI’s Articles of
            BNI      telah    dilakukan    penyesuaian.                      Association has been amended. The
            Penyesuaian tersebut dinyatakan dalam Akta                       amendment was covered by Notarial Deed No.
            No. 46 tanggal 13 Juni 2008 yang dibuat di                       46 dated 13 June 2008 of Fathiah Helmi, S.H.,
            hadapan Fathiah Helmi, S.H., notaris di                          a notary in Jakarta, as approved in the
            Jakarta, berdasarkan keputusan Rapat Umum                        Extraordinary General Shareholders’ Meeting
            Pemegang Saham Luar Biasa tanggal 28 Mei                         on 28 May 2008 and approved by the Minister
            2008 dan telah mendapat persetujuan dari                         of Laws and Human Rights of the Republic of
            Menteri Hukum dan Hak Asasi Manusia                              Indonesia, in its Decision Letter No. AHU-
            Republik Indonesia, dengan Surat Keputusan                       AH.01.02-50609 dated 12 August 2008 and
            No. AHU-AH.01.02-50609 tanggal 12 Agustus                        published in Supplement No. 29015 of the
            2008 dan telah diumumkan dalam Berita                            State Gazette No. 103 dated 23 December
            Negara Republik Indonesia No. 103 tanggal                        2008.
            23 Desember 2008 Tambahan No. 29015.

            Anggaran Dasar BNI sebagaimana tertuang                          The Articles of Association of BNI as stated in
            dalam Akta Pernyataan Keputusan Rapat                            the Deed of Resolution of the Annual General
            Umum Pemegang Saham Tahunan No. 5                                Shareholders’ Meeting No. 5 dated 4 March
            tanggal 4 Maret 2024 yang dibuat di hadapan                      2024 of Ashoya Ratam, S.H., M.Kn as
            Ashoya Ratam, S.H., M.KN. yang telah                             approved by the Ministry of Laws and Human
            mendapat Persetujuan Perubahan Anggaran                          Rights of the Republic of Indonesia through its
            Dasar Perseroan dari Kementerian Hukum dan                       letter of the Minister of Laws and Human
            HAM Republik Indonesia sesuai Surat                              Rights of the Republic of Indonesia No. AHU-
            Keputusan Menteri Hukum dan HAM Republik                         0020672.AH.01.02 dated 1 April 2024, this
            Indonesia No. AHU-0020672.AH.01.02 tanggal                       amendment has also been received and
            1 April 2024 serta telah diterima dan dicatat                    recorded by the Minister of Laws and Human
            oleh Menteri Hukum dan HAM Republik                              Rights of the Republic of Indonesia under
            Indonesia dengan surat No. AHU-AH.01.03-                         letter No. AHU-AH.01.03-0079037 dated 1
            0079037 tanggal 1 April 2024.                                    April 2024.




                                                       Halaman - 13 - Page
1224   Transforming the Future, Empowering Indonesia
Page 624
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

1.   INFORMASI UMUM (lanjutan)                                  1.     GENERAL INFORMATION (continued)

     a.   Pendirian Bank (lanjutan)                                     a.   Establishment of the Bank (continued)

          Berdasarkan Pasal 3 Anggaran Dasar BNI,                            According to Article 3 of BNI’s Articles of
          ruang lingkup kegiatan BNI adalah melakukan                        Association, BNI’s scope of activity is to
          usaha di bidang perbankan umum.                                    engage in general banking services.

     b.   Penawaran Umum Perdana Saham                                  b.   Initial Public Offering (“IPO”)

          Pada tanggal 28 Oktober 1996, BNI                                  On 28 October 1996, BNI undertook an initial
          melakukan penawaran umum perdana atas                              public offering of 1,085,032,000 Class B
          1.085.032.000 saham Seri B dengan nilai                            shares with a par value per share of Rp500
          nominal sebesar Rp500 (nilai penuh) setiap                         (full amount) and offering price per share of
          saham dan harga penawaran setiap saham                             Rp850 (full amount) to the public in Indonesia.
          sebesar Rp850 (nilai penuh) kepada                                 The shares began trading on the Jakarta and
          masyarakat di Indonesia. Saham yang                                Surabaya     Stock    Exchanges       (currently
          ditawarkan tersebut mulai diperdagangkan di                        Indonesia Stock Exchange or IDX) on
          Bursa Efek Jakarta dan Surabaya (sekarang                          25 November 1996.
          Bursa Efek Indonesia atau BEI) pada tanggal
          25 November 1996.

     c.   Penawaran Umum Saham Terbatas I                               c.   Limited Public Offering I

          Pada tanggal 30 Juni 1999, BNI melakukan                           On 30 June 1999, BNI undertook a Limited
          Penawaran Umum Terbatas I dalam rangka                             Public Offering I (“LPO I”) through the
          penerbitan Hak Memesan Efek Terlebih                               issuance     of    pre-emptive     rights    of
          Dahulu (HMETD) sebanyak 151.904.480.000                            151,904,480,000 Class C shares with a par
          saham Seri C dengan nilai nominal sebesar                          value per share of Rp25 (full amount). Each
          Rp25 (nilai penuh) setiap saham. Setiap                            holder of 1 share was entitled to buy 35 new
          pemegang 1 saham lama berhak membeli                               shares for Rp347.58 (full amount) per share.
          35 saham baru dengan harga Rp347,58 (nilai                         As a result of LPO I, BNI increased its capital
          penuh) setiap saham. Dari penawaran umum                           by 683,916,500 Class C shares issued to the
          ini, BNI meningkatkan modal sahamnya                               public on 21 July 1999 and the LPO I listed in
          sebanyak 683.916.500 lembar saham Seri C                           the Jakarta and Surabaya Stock Exchanges
          yang diterbitkan kepada masyarakat umum                            (currently IDX). On 7 April 2000 and 30 June
          pada tanggal 21 Juli 1999 dan terdaftar di                         2000, BNI also issued 151,220,563,500 Class
          Bursa Efek Jakarta dan Surabaya (sekarang                          C shares to the Government of Indonesia
          BEI). BNI juga menerbitkan 151.220.563.500                         through the recapitalization program under the
          lembar saham Seri C kepada Pemerintah                              Government Regulation No. 52 year 1999.
          Indonesia pada tanggal 7 April 2000 dan 30
          Juni 2000 melalui program rekapitalisasi
          berdasarkan Peraturan Pemerintah No. 52
          tahun 1999.

     d.   Rekapitalisasi                                                d.   Recapitalization

          Pada tanggal 30 Maret 2000, Menteri                                On 30 March 2000, the Ministry of Finance
          Keuangan menyetujui rekapitalisasi BNI                             approved BNI’s recapitalization amounting to
          sebesar Rp61,8 triliun, yang meningkat                             Rp61.8 trillion, which was Rp9 trillion higher
          sebesar Rp9 triliun dibandingkan dengan                            than the amount stated in the Government
          jumlah yang ditetapkan dalam Peraturan                             Regulation No. 52 year 1999. In connection
          Pemerintah No. 52 tahun 1999. Sehubungan                           with the increase in the recapitalization
          dengan peningkatan rekapitalisasi tersebut,                        amount, which was approved in the
          yang telah disetujui melalui Peraturan                             Government Regulation No. 32 year 2000, BNI
          Pemerintah No. 32 tahun 2000, BNI                                  issued additional 44,946,404,500 Class C
          menerbitkan tambahan saham Seri C                                  shares without pre-emptive rights.
          sebanyak 44.946.404.500 saham tanpa Hak
          Memesan Efek Terlebih Dahulu.




                                                    Halaman - 14 - Page                                 2024 Annual Report
                                                                                      PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                               1225
Page 625
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

  1.   INFORMASI UMUM (lanjutan)                                      1.   GENERAL INFORMATION (continued)

       d.   Rekapitalisasi (lanjutan)                                      d.   Recapitalization (continued)

            Pada tanggal 20 Juli 2001, modal saham BNI                          On 20 July 2001, BNI’s capital was reduced by
            berkurang sebanyak 1.965.701.500 saham                              1,965,701,500 Class C shares in connection
            Seri C sehubungan dengan pengembalian                               with the refund of excess recapitalization funds
            kelebihan     dana    rekapitalisasi kepada                         to the Government of Indonesia. The refund
            Pemerintah Indonesia. Pengembalian tersebut                         was approved by the shareholders at the
            telah disetujui oleh pemegang saham dalam                           Extraordinary General Shareholders’ Meeting
            Rapat Umum Pemegang Saham Luar Biasa                                held on 25 June 2001.
            pada tanggal 25 Juni 2001.

       e.   Kuasi-reorganisasi                                             e.   Quasi-reorganization

            Untuk menghilangkan konsekuensi negatif                             In order for BNI to eliminate the negative
            karena dibebani dengan saldo rugi, BNI                              consequences of being burdened by
            melakukan      kuasi-reorganisasi    sesuai                         accumulated losses, BNI undertook quasi-
            keputusan Rapat Umum Pemegang Saham                                 reorganization   as    approved    in   the
            Luar Biasa (“RUPS-LB”) tanggal 15 Desember                          Extraordinary General Shareholders’ Meeting
            2003.                                                               (“RUPS-LB”) on 15 December 2003.

            Penyesuaian kuasi-reorganisasi yang telah                           The quasi-reorganization adjustments which
            dibukukan pada tanggal 30 Juni 2003 adalah                          were booked on 30 June 2003 were as follows:
            sebagai berikut:
            Akumulasi kerugian                                  (58,905,232)                                  Accumulated losses
            Cadangan umum dan wajib                                 432,952                             General and legal reserve
            Cadangan khusus                                         382,541                                         Specific reserve
            Selisih penilaian kembali aktiva tetap                1,190,598                       Fixed assets revaluation reserve
            Laba yang belum direalisasi atas efek-efek                                             Unrealised gain on available for
              dalam kelompok tersedia untuk dijual                  58,660                                         sale securities
            Kenaikan penilaian kembali nilai wajar                                                Revaluation uplift in the fair value
              aktiva bersih                                       2,472,634                                          of net assets
            Tambahan modal disetor                               54,367,847                               Additional paid-in capital

                                                                           -


            Anggaran Dasar BNI telah mengalami                                  BNI’s Articles of Association were amended to
            perubahan sehubungan dengan perubahan                               reflect the changes in additional paid-in capital
            tambahan modal disetor karena adanya kuasi-                         as a result of quasi-reorganization, based on
            reorganisasi sesuai dengan Akta Notaris                             Notarial Deed of Agung Prihatin, S.H., No. 42
            Agung Prihatin, S.H., No. 42 tanggal 30                             dated 30 December 2003 which was approved
            Desember 2003 dan telah disahkan oleh                               by the Minister of Law and Human Rights of
            Menteri Hukum dan Hak Asasi Manusia                                 the Republic of Indonesia in its decision letter
            Republik    Indonesia   berdasarkan   surat                         No.       C-29647.HT.01.07.TH.2003         dated
            keputusan No. C-29647.HT.01.07.TH.2003                              19 December 2003 and was published in the
            tanggal 19 Desember 2003 dan diumumkan                              State Gazette No. 1152, Supplement No. 9
            pada Berita Negara Republik Indonesia                               dated 30 January 2004.
            No. 1152 tanggal 30 Januari 2004, Tambahan
            No. 9.

       f.   Penawaran Umum Saham Terbatas II                               f.   Limited Public Offering II

            Pada tanggal 30 Juli 2007, pada Rapat Umum                          On 30 July 2007, the Extraordinary General
            Pemegang Saham Luar Biasa (“RUPSLB”),                               Shareholders’ Meeting approved the issuance
            Pemegang Saham telah memutuskan untuk                               of up to 1,992,253,110 new Class C shares
            melakukan Penawaran Umum Terbatas II                                through Limited Public Offering II to
            kepada para pemegang saham dalam rangka                             shareholders with a par value per share of
            penerbitan    sampai     dengan    sejumlah                         Rp375 (full amount).
            1.992.253.110 saham Seri C baru dengan nilai
            nominal Rp375 (nilai penuh) setiap lembar
            saham.



                                                         Halaman - 15 - Page
1226   Transforming the Future, Empowering Indonesia
Page 626
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

1.   INFORMASI UMUM (lanjutan)                                  1.   GENERAL INFORMATION (continued)

     f.   Penawaran     Umum      Saham      Terbatas      II        f.   Limited Public Offering II (continued)
          (lanjutan)

          Setiap pemegang 20 saham lama yang                              Each owner of 20 old shares whose name was
          namanya tercatat dalam Daftar Pemegang                          registered in the List of Shareholders of BNI as
          Saham BNI pada tanggal 9 Agustus 2007                           of 9 August 2007 at 16.00 WIB was entitled to
          pukul 16.00 WIB mempunyai 3 HMETD,                              3 pre-emptive rights where each right entitles
          dimana setiap 1 HMETD memberikan hak                            the owner to buy a new share at the price of
          kepada     pemegangnya    untuk   membeli                       Rp2,025 (full amount) per share. From the
          sebanyak 1 saham baru dengan harga                              Limited Public Offering II, BNI raised
          pelaksanaan Rp2.025 (nilai penuh) setiap                        Rp747,094 additional share capital and
          saham. Dari Penawaran Umum Terbatas II,                         Rp3,287,218 additional paid-in capital and
          BNI mendapatkan tambahan modal disetor                          Rp195,280 shares issuance cost.
          sebesar Rp747.094 dan tambahan agio saham
          sebesar Rp3.287.218 dan biaya emisi
          penerbitan saham sebesar Rp195.280.

          Perdagangan perdana dilaksanakan pada                           The initial trading took place on 13 August
          tanggal 13 Agustus 2007 di Bursa Efek Jakarta                   2007 at the Jakarta Stock Exchange and
          dan Bursa Efek Surabaya (sekarang BEI).                         Surabaya Stock Exchange (currently IDX).

     g.   Penawaran Umum Saham Terbatas III                          g.   Limited Public Offering III

          Pada tanggal 25 November 2010, dalam                            On 25 November 2010, at the Extraordinary
          Rapat Umum Pemegang Saham Luar Biasa                            General     Shareholders’      Meeting,    the
          (RUPSLB),     Pemegang         Saham     telah                  shareholders decided, among other matters,
          memutuskan antara lain untuk menyetujui                         to increase the issued and paid-up capital
          peningkatan modal ditempatkan dan disetor                       through limited public offering (LPO III) with
          BNI melalui Penawaran Umum Terbatas III                         pre-emptive right to shareholders for the
          (PUT III) dengan penerbitan HMETD sebesar                       issuance of 3,374,715,948 new Class C
          3.374.715.948 saham Seri C baru dengan nilai                    shares with a par value per share of Rp375
          nominal Rp375 (nilai penuh) setiap lembar                       (full amount). Such pre-emptive rights can be
          saham.       HMETD         tersebut     dapat                   traded inside and outside the Indonesia Stock
          diperdagangkan di dalam dan di luar Bursa                       Exchange (IDX) starting 10 December 2010
          Efek    Indonesia    (BEI)     mulai  tanggal                   until 16 December 2010, with consideration to
          10 Desember       2010      sampai    dengan                    the existing capital market regulation. From
          16 Desember 2010, dengan memperhatikan                          the LPO III, BNI obtained Rp1,265,519
          ketentuan yang berlaku di bidang pasar modal.                   additional share capital and Rp8,950,869
          Dari PUT III tersebut, BNI mendapatkan                          additional paid-in capital, net of shares
          tambahan modal disetor sebesar Rp1.265.519                      issuance cost.
          dan tambahan agio saham, bersih setelah
          dikurangkan dengan biaya emisi penerbitan
          saham, sebesar Rp8.950.869.

     h.   Pemecahan nilai nominal saham BNI                          h.   Stock split of BNI

          Berdasarkan keputusan RUPSLB tanggal 19                         Based on the decision of the Extraordinary
          September 2023 yang dituangkan dalam Akta                       General Meeting of Shareholders (RUPSLB)
          No. 18, tanggal 19 September 2023, yang                         dated 19 September 2023, as stated in Deed
          dibuat dihadapan Ashoya Ratam S.H., M.KN,                       No. 18 dated 19 September 2023, as recorded
          pemegang saham BNI antara lain menyetujui                       in the Notarial Deed of Ashoya Ratam, S.H.,
          pemecahan nilai nominal saham (stock split)                     M.KN., the shareholders of BNI, among
          Bank dengan rasio 1:2 yang berlaku efektif                      others, approved the nominal value split (stock
          pada tanggal 10 Oktober 2023 (lihat Catatan                     split) of the Bank with a ratio of 1:2, effective
          33).                                                            from 10 October 2023 (see Note 33).




                                                    Halaman - 16 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1227
Page 627
                                                          PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                             DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                  (Expressed in millions of Rupiah, unless otherwise stated)

  1.   INFORMASI UMUM (lanjutan)                                                                           1.    GENERAL INFORMATION (continued)

       i.   Organisasi dan Struktur Manajemen                                                                    i.    Organizational and Management Structure

            Susunan Dewan Komisaris dan Direksi BNI                                                                    The composition      of    the   Boards     of
            pada tanggal 31 Desember 2024 dan                                                                          Commissioners and Directors of BNI as of
            31 Desember 2023 yang ditetapkan masing-                                                                   31 Desember 2024 and 31 December 2023
            masing berdasarkan Berita Acara RUPS                                                                       based on BNI’s Annual Shareholders’ General
            Tahunan BNI yang dinyatakan dengan Akta                                                                    Meeting as stated under the Notarial Deed No.
            Notaris No. 3 tanggal 4 Maret 2024 dan Berita                                                              3 dated 4 March 2024 and BNI’s Extraordinary
            Acara RUPS Luar Biasa BNI yang dinyatakan                                                                  Shareholders’ General Meeting as stated
            dengan Akta Notaris No. 17 tanggal 19                                                                      under the Notarial Deed No. 17 dated 19
            September 2023 adalah sebagai berikut:                                                                     September 2023, respectively, are as follows:


                                                                                             31 Desember/December 2024

            Dewan Komisaris                                                                                                                                        Board of Commissioners
            Komisaris Utama/                                                                                                                                         President Commissioner/
              Komisaris Independen                                                                     Pradjoto                                                Independent Commissioner
            Wakil Komisaris Utama                                                              Pahala Nugraha Mansury                                           Vice President Commissioner
            Komisaris Independen                                                                   Sigit Widyawan                                                 Independent Commissioner
            Komisaris Independen                                                                    Asmawi Syam                                                   Independent Commissioner
            Komisaris Independen                                                                  Septian Hario Seto                                              Independent Commissioner
            Komisaris Independen                                                                    Iman Sugema                                                   Independent Commissioner
            Komisaris Independen                                                                 Erwin Rijanto Slamet                                             Independent Commissioner
            Komisaris                                                                                  Askolani                                                                Commissioner
            Komisaris                                                                          Mohamad Yusuf Permana                                                           Commissioner
            Komisaris                                                                             Fadlansyah Lubis                                                             Commissioner
            Komisaris                                                                              Robertus Billitea                                                           Commissioner

                                                                                             31 Desember/December 2024

            Direksi                                                                                                                                            Board of Directors
            Direktur Utama                                                                          Royke Tumilaar                                        President Director (CEO)
            Wakil Direktur Utama                                                               Putrama Wahju Setyawan                                       Vice President Director
            Direktur Finance                                                                    Novita Widya Anggraini                         Managing Director - Finance (CFO)
            Direktur Wholesale                                                                                                                     Managing Director - Wholesale
               & International Banking                                                             Agung Prabowo                                        & International Banking
            Direktur Enterprise & Commercial                                                                                                                   Managing Director -
               Banking                                                                            I Made Sukajaya                            Enterprise & Commercial Banking
            Direktur Risk Management                                                                David Pirzada                           Managing Director - Risk Management
            Direktur Institutional Banking                                                       Munadi Herlambang1)                      Managing Director - Institutional Banking
            Direktur Network &                                                                                                                     Managing Director - Network &
               Services                                                                              Ronny Venir                                                        Services
            Direktur Digital & Integrated                                                                                                  Managing Director - Digital & Integrated
               Transaction Banking                                                           Hussein Paolo Kartadjoemena                                    Transaction Banking
            Direktur Retail Banking                                                             Corina Leyla Karnalies                         Managing Director - Retail Banking
            Direktur Technology & Operations                                                         Toto Prasetio                     Managing Director - Technology & Operation
            Direktur Human Capital &                                                                                                         Managing Director - Human Capital &
               Compliance                                                                             Mucharom                                                       Compliance

                                                                                             31 Desember/December 2024

            Komite Audit*)                                                                                                                                                        Audit Committee*)
            Ketua                                                                                   Asmawi Syam                                                                           Chairman
            Anggota                                                                                Sigit Widyawan                                                                          Member
            Anggota                                                                                 Iman Sugema                                                                            Member
            Anggota                                                                                Human Brillianto                                                                        Member
            Anggota                                                                               Suhendi Muharam                                                                          Member
            1.   Efektif setelah mendapatkan persetujuan dari Otoritas Jasa Keuangan (OJK)                               1.   Effectively after the issuance of approval from Financial Service Authority

            *)   Pembentukan Komite Audit Bank telah dilakukan sesuai dengan peraturan OJK No.                           *)   The formation of Audit Committee is in accordance with Financial Service Authority
                 55/POJK.04/2015 tentang Pembentukan dan Pedoman Pelaksanaan Kerja Komite                                     rule No. 55/POJK.04/2015 regarding the Establishment and Guidelines for the
                 Audit.                                                                                                       Work Implementation of the Audit Committee.




                                                                                        Halaman - 17 - Page
1228   Transforming the Future, Empowering Indonesia
Page 628
                                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                                   FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                   (Expressed in millions of Rupiah, unless otherwise stated)

1.   INFORMASI UMUM (lanjutan)                                                                            1.     GENERAL INFORMATION (continued)

     i.   Organisasi                 dan           Struktur               Manajemen                              i.    Organizational and Management Structure
          (lanjutan)                                                                                                   (continued)

                                                                                           31 Desember/December 2023

          Dewan Komisaris                                                                                                                                           Board of Commissioners
          Komisaris Utama/                                                                                                                                           President Commissioner/
            Komisaris Independen                                                                    Pradjoto1)                                                  Independent Commissioner
          Wakil Komisaris Utama                                                                                                                                 Vice President Commissioner/
            Komisaris Independen                                                            Pahala Nugraha Mansury2)                                            Independent Commissioner
          Komisaris Independen                                                                   Sigit Widyawan                                                    Independent Commissioner
          Komisaris Independen                                                                   Asmawi Syam                                                       Independent Commissioner
          Komisaris Independen                                                                 Septian Hario Seto                                                  Independent Commissioner
          Komisaris Independen                                                                    Iman Sugema                                                      Independent Commissioner
          Komisaris Independen                                                                Erwin Rijanto Slamet                                                 Independent Commissioner
          Komisaris                                                                                  Askolani                                                                  Commissioner
          Komisaris                                                                                 Susyanto3)                                                                 Commissioner
          Komisaris                                                                            Fadlansyah Lubis                                                                Commissioner
          Komisaris                                                                            Robertus Billitea4)                                                             Commissioner

                                                                                           31 Desember/December 2023

          Direksi                                                                                                                                              Board of Directors
          Direktur Utama                                                                         Royke Tumilaar                                           President Director (CEO)
          Wakil Direktur Utama                                                                  Adi Sulistyowati5)                                          Vice President Director
          Direktur Finance                                                                    Novita Widya Anggraini                           Managing Director - Finance (CFO)
          Direktur Wholesale                                                                                                                       Managing Director - Wholesale
             & International Banking                                                         Silvano Winston Rumantir6)                                 & International Banking
          Direktur Enterprise & Commercial                                                                                                                     Managing Director -
             Banking                                                                            Sis Apik Wijayanto7)                         Enterprise & Commercial Banking
          Direktur Risk Management                                                                 David Pirzada                            Managing Director - Risk Management
          Direktur Institutional Banking                                                        Muhammad Iqbal8)                          Managing Director - Institutional Banking
          Direktur Network &                                                                                                                       Managing Director - Network &
             Services                                                                               Ronny Venir                                                         Services
          Direktur Digital & Integrated                                                                                                    Managing Director - Digital & Integrated
             Transaction Banking                                                              Corina Leyla Karnalies                                        Transaction Banking
          Direktur Retail Banking                                                            Putrama Wahju Setyawan                            Managing Director - Retail Banking
          Direktur Technology & Operations                                                        Toto Prasetio                        Managing Director - Technology & Operation
          Direktur Human Capital &                                                                                                           Managing Director - Human Capital &
             Compliance                                                                             Mucharom                                                         Compliance

                                                                                           31 Desember/December 2023

          Komite Audit*)                                                                                                                                                          Audit Committee*)
          Ketua                                                                                   Asmawi Syam                                                                             Chairman
          Anggota                                                                                Sigit Widyawan                                                                            Member
          Anggota                                                                                 Iman Sugema                                                                              Member
          Anggota                                                                                Human Brillianto                                                                          Member
          Anggota                                                                               Suhendi Muharam                                                                            Member
          1.   Efektif setelah mendapatkan persetujuan dari Otoritas Jasa Keuangan (OJK)                                  1. Effectively after the issuance of approval from Financial Service Authority
          2.   Efektif setelah mendapatkan persetujuan dari Otoritas Jasa Keuangan (OJK)                                  2. Effectively after the issuance of approval from Financial Service Authority
          3.   Masa jabatan berakhir pada 4 Maret 2024                                                                    3. Effectively term of office ended on 4 March 2024
          4.   Efektif bergabung sejak 11 Desember 2023                                                                   4. Effectively joined since 11 December 2023
          5.   Masa jabatan berakhir pada 4 Maret 2024                                                                    5. Effectively term of office ended on 4 March 2024
          6.   Masa jabatan berakhir pada 4 Maret 2024                                                                    6. Effectively term of office ended on 4 March 2024
          7.   Masa jabatan berakhir pada 4 Maret 2024                                                                    7. Effectively term of office ended on 4 March 2024
          8.   Masa jabatan berakhir pada 4 Maret 2024                                                                    8. Effectively term of office ended on 4 March 2024

          *)   Pembentukan Komite Audit Bank telah dilakukan sesuai dengan peraturan OJK No.                              *) The formation of Audit Committee is in accordance with Financial Service Authority
               55/POJK.04/2015 tentang Pembentukan dan Pedoman Pelaksanaan Kerja Komite                                      rule No. 55/POJK.04/2015 regarding the Establishment and Guidelines for the Work
               Audit.                                                                                                        Implementation of the Audit Committee.



          Pada tanggal 31 Desember 2024 dan                                                                            As of 31 December 2024 and 31 December
          31 Desember 2023, Sekretaris Perusahaan                                                                      2023, BNI’s Corporate Secretary is Okki
          BNI adalah Okki Rushartomo Budiprabowo.                                                                      Rushartomo Budiprabowo.




                                                                                      Halaman - 18 - Page                                              2024 Annual Report
                                                                                                                                     PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                                                           1229
Page 629
                                              PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                 DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                    NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                         FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                         31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                            (Expressed in millions of Rupiah, unless otherwise stated)

  1.   INFORMASI UMUM (lanjutan)                                                    1.     GENERAL INFORMATION (continued)

       i.   Organisasi              dan   Struktur           Manajemen                     i.    Organizational and Management Structure
            (lanjutan)                                                                           (continued)

            Jumlah pegawai BNI adalah sebagai berikut                                            The number of employees of BNI is as follows
            (tidak diaudit):                                                                     (unaudited):
                                                     Tetap/               Tidak tetap/
                                                   Permanent             Non-permanent               Total
            31 Desember 2024                                 25,327                1,876                     27,203                       31 December 2024
            31 Desember 2023                                 25,460                2,110                     27,570                       31 December 2023

            Kantor pusat BNI berlokasi di Jl. Jend.                                              BNI’s head office is located at Jl. Jend.
            Sudirman Kav. 1, Jakarta. Pada tanggal                                               Sudirman Kav. 1, Jakarta. As of 31 December
            31 Desember 2024, BNI memiliki 17 kantor                                             2024, BNI has 17 regional offices, 197
            wilayah, 197 kantor cabang, 1.089 kantor                                             domestic branches, 1,089 sub-branches and
            layanan serta 798 outlet lainnya (31 Desember                                        798 other outlets (31 December 2023: 17
            2023: 17 kantor wilayah, 195 kantor cabang,                                          regional offices, 195 domestic branches, 1,090
            1.090 kantor layanan serta 820 outlet lainnya)                                       sub-branches and 820 other outlets)
            (tidak diaudit). Selain itu, BNI juga memiliki                                       (unaudited). In addition, BNI has a presence in
            jaringan di luar negeri melalui 6 kantor cabang                                      overseas through 6 overseas branches located
            luar negeri yang berada di pusat keuangan                                            in the global financial center located in
            dunia yaitu Singapura, Hong Kong, Tokyo,                                             Singapore, Hong Kong, Tokyo, London, New
            London, New York dan Seoul. Di samping itu,                                          York and Seoul. Further than that, BNI also
            BNI juga memiliki 3 kantor perwakilan di Osaka                                       has 3 representative offices in Osaka,
            Amsterdam, dan Sydney serta 2 Limited                                                Amsterdam, and Sydney and 2 Limited
            Purpose Branch di Singapura.                                                         Purpose Branch in Singapore.

       j.   Entitas Anak                                                                   j.    Subsidiaries

            BNI mempunyai kepemilikan langsung pada                                              BNI has direct ownership in the following
            Entitas Anak berikut:                                                                Subsidiaries:
                                                                  Tahun Mulai
                                                                   Beroperasi            Persentase Kepemilikan/                   Total Aset/
                                                                   Komersial/            Percentage of Ownership                  Total Assets
                                                                  Year Started
            Nama Perusahaan/               Kegiatan Usaha/        Commercial      31 Desember/         31 Desember/       31 Desember/       31 Desember/
            Company Name                   Business Activity      Operations     December 2024        December 2023      December 2024      December 2023

            PT BNI Life Insurance               Asuransi jiwa/
                                                Life insurance         1997                 60.00%              60.00%       26,675,991          24,972,042
            PT BNI Multifinance                  Pembiayaan/
                                                     Financing         1983                 99.99%              99.99%        6,075,604           3,788,690
            PT BNI Sekuritas dan
               Entitas Anak/and
               Subsidiaries                Sekuritas/Securities       1995                  75.00%              75.00%        2,052,447           2,383,585
            BNI Remittance Ltd.               Jasa keuangan/
                                            Financial services         1998                100.00%             100.00%            8,636              11,537
            PT Bank Hibank                 Perbankan/Banking           1993                 63.92%              63.92%       17,798,871          14,615,844
            PT BNI Modal Ventura          Permodalan ventura/
                                               Venture capital         2022                 99.98%              99.98%         517,251              511,415

            Semua Entitas Anak BNI berkedudukan di                                               All of the Subsidiaries of BNI are domiciled in
            Jakarta, kecuali BNI Remittance Ltd.                                                 Jakarta, except for BNI Remittance Ltd. which
            berkedudukan di Hong Kong.                                                           is domiciled in Hong Kong.

            PT BNI Life Insurance (“BNI Life”)                                                   PT BNI Life Insurance (“BNI Life”)

            BNI Life pada awalnya didirikan dengan nama                                          BNI Life was originally established under the
            PT Asuransi Jiwa BNI Jiwasraya berdasarkan                                           name PT Asuransi Jiwa BNI Jiwasraya based
            Akta Notaris No. 24 tanggal 28 November                                              on Notarial Deed No. 24 dated 28 November
            1996. Pada tanggal 26 November 2004,                                                 1996. On 26 November 2004, PT Asuransi
            PT Asuransi Jiwa BNI Jiwasraya telah                                                 Jiwa BNI Jiwasraya changed its name to
            mengubah nama menjadi PT BNI Life                                                    PT BNI Life Insurance.
            Insurance.




                                                                      Halaman - 19 - Page
1230   Transforming the Future, Empowering Indonesia
Page 630
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

1.   INFORMASI UMUM (lanjutan)                                  1.   GENERAL INFORMATION (continued)

     j.   Entitas Anak (lanjutan)                                    j.   Subsidiaries (continued)

          PT BNI Life Insurance (“BNI Life”) (lanjutan)                   PT BNI Life         Insurance       (“BNI    Life”)
                                                                          (continued)

          Sesuai dengan pasal 3 Anggaran Dasar BNI                        In accordance with Article 3 of BNI Life’s
          Life, ruang lingkup kegiatan BNI Life adalah                    Articles of Association, the scope of BNI Life’s
          menjalankan usaha-usaha dalam bidang                            activities is to engage in life insurance
          asuransi jiwa termasuk usaha asuransi jiwa                      business including life insurance business
          dengan prinsip syariah. BNI Life memperoleh                     under sharia principle. BNI Life obtained its
          izin usaha sebagai perusahaan asuransi                          operating license as a life insurance company
          jiwa    berdasarkan     Keputusan     Menteri                   based on the Minister of Finance of the
          Keuangan Republik Indonesia No. Kep-                            Republic of Indonesia Decree No. Kep-
          305/KMK.017/1997 tanggal 7 Juli 1997.                           305/KMK.017/1997 dated 7 July 1997.

          Kantor pusat BNI Life berlokasi di Centennial                   BNI Life’s head office is located in Centennial
          Tower, Lantai 9, 10, dan 11 Jl. Gatot Subroto                   Tower, 9th,10th, and 11th floor Jl. Gatot Subroto
          Kav. 24-25, Jakarta 12930. Pada tanggal                         Kav.    24-25,     Jakarta    12930.      As   of
          31 Desember 2024, BNI Life memiliki 14                          31 December 2024, BNI Life has 14 marketing
          kantor pemasaran dan 5 kantor pemasaran                         offices and 5 personal marketing offices
          mandiri (31 Desember 2023: 14 kantor                            (31 December 2023: 14 marketing offices and
          pemasaran dan 5 kantor pemasaran mandiri)                       5 personal marketing offices) located in
          yang tersebar di beberapa kota di Indonesia                     various cities in Indonesia (unaudited) and
          (tidak diaudit) dan memiliki karyawan                           has 897 employees as of 31 December 2024
          sebanyak     897     orang   pada     tanggal                   (31 December 2023: 722 employees)
          31 Desember 2024 (31 Desember 2023: 722                         (unaudited).
          karyawan) (tidak diaudit).

          PT BNI Multifinance (“BNI Multifinance”)                        PT BNI Multifinance (“BNI Multifinance”)

          Sesuai dengan Pasal 3 Anggaran Dasar BNI                        In accordance with Article 3 of BNI
          Multifinance, ruang lingkup kegiatan BNI                        Multifinance’s Articles of Association, the
          Multifinance adalah menjalankan kegiatan                        scope of the BNI Multifinance’s activities
          dalam      bidang  pembiayaan    investasi,                     involves investment financing, working capital
          pembiayaan modal kerja, pembiayaan multi                        financing,    multipurpose   financing   and
          guna dan sewa operasi.                                          operating lease.

          Anggaran Dasar BNI Multifinance telah                           BNI Multifinance’s Articles of Association has
          mengalami     beberapa     kali   perubahan.                    been amended several times. The latest
          Perubahan terakhir Anggaran Dasar PT BNI                        amendment of PT BNI Multifinance’s Articles
          Multifinance dilakukan antara lain tentang                      of Association was made regarding domicile
          perubahan tempat kedudukan sesuai dengan                        changes based on Notarial Deed No. 31 dated
          Akta Notaris No. 31 tanggal 24 Juni 2024 dari                   24 June 2024 of Notary I Gede Buda
          Notaris I Gede Buda Gunamanta, S.H., dan                        Gunamanta, S.H., and has been approved by
          telah mendapat persetujuan dari Menteri                         the Minister of Laws and Human Rights of the
          Hukum dan Hak Asasi Manusia Republik                            Republic of Indonesia, in its Decision Letter
          Indonesia, dengan Surat Keputusan No. AHU-                      No. AHU-AH.01.03-0167699 dated 3 July
          AH.01.03-0167699 tanggal 3 Juli 2024.                           2024.

          Kantor pusat BNI Multifinance berlokasi di                      BNI Multifinance head office is located in
          Gedung Graha Binakarsa, lantai 11 Lot. E-F                      Gedung Graha Binakarsa, 11th Lot E-F and
          dan lantai 12, Jl. HR Rasuna Said, Kav C-18                     12th floor, Jl. HR Rasuna Said, Kav C-18
          Kuningan, Jakarta Selatan 12940. Pada                           Kuningan, South Jakarta 12940. As of 31
          tanggal 31 Desember 2024, BNI Multifinance                      December 2024, BNI Multifinance has 52
          memiliki 52 outlet cabang (31 Desember 2023:                    branches (31 December 2023: 17 branches
          17 outlet cabang dan 33 cabang pembantu)                        and 33 sub-branches) located in various cities
          tersebar di beberapa kota di Indonesia (tidak                   in Indonesia (unaudited) and had 843 and 522
          diaudit) dan memiliki 843 dan 522 karyawan                      employees as of 31 December 2024
          masing-masing pada tanggal 31 Desember                          (unaudited)    and    31   December     2023
          2024 (tidak diaudit) dan 31 Desember 2023                       (unaudited).
          (tidak diaudit).



                                                    Halaman - 20 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1231
Page 631
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)


  1.   INFORMASI UMUM (lanjutan)                                   1.   GENERAL INFORMATION (continued)

       j.   Entitas Anak (lanjutan)                                     j.   Subsidiaries (continued)

            PT BNI Sekuritas (“BNI Sekuritas”) dan                           PT BNI Sekuritas (“BNI Sekuritas”) and
            Entitas Anak                                                     Subsidiary

            BNI Sekuritas didirikan berdasarkan Akta                         BNI Sekuritas was established by virtue of
            Notaris No. 22 tanggal 12 April 1995 dari                        Notarial Deed No. 22 dated 12 April 1995 of
            Koesbiono Sarmanhadi, S.H., di Jakarta. Akta                     Koesbiono Sarmanhadi, S.H., in Jakarta. The
            tersebut kemudian diubah dengan Akta Notaris                     deed was amended by Notarial Deed No. 39
            No. 39 dari notaris yang sama tanggal 3 Mei                      dated 3 May 1995 of the same notary. The
            1995. Akta pendirian dan perubahannya                            Deed of Establishment and amendment
            disahkan oleh Menteri Kehakiman Republik                         thereon were approved by the Decision Letter
            Indonesia     dalam       Surat  Keputusan                       of the Minister of Justice of the Republic of
            No. C2-6278.HT.01.01.Th.95 tanggal 19 Mei                        Indonesia No. C2-6278.HT.01.01.Th.95 dated
            1995, serta diumumkan dalam Berita Negara                        19 May 1995 and was published in the State
            Republik Indonesia No. 55, Tambahan                              Gazette No. 55, Supplement No. 5804 dated
            No. 5804 tanggal 11 Juli 1995.                                   11 July 1995.

            Berdasarkan Pasal 3 dari Anggaran Dasar BNI                      In accordance with Article 3 of BNI Sekuritas’
            Sekuritas, ruang lingkup kegiatan usahanya                       Articles of Association, the scope of its
            meliputi perdagangan efek, termasuk di                           business activities comprises of securities
            dalamnya bertindak sebagai penjamin dan                          trading, including investment underwriting and
            penasehat investasi dan kegiatan lain yang                       advisory investment and other related activities
            berhubungan dengan kegiatan tersebut                             allowed by Financial Service Authority (OJK),
            dengan memperhatikan peraturan Otoritas                          previously the Capital Market and Financial
            Jasa Keuangan (OJK), dahulu Badan                                Institutions Supervisory Agency (Bapepam and
            Pengawas Pasar Modal dan Lembaga                                 LK) and other regulations.
            Keuangan (Bapepam dan LK) dan peraturan
            perundang-undangan lain yang berlaku.

            BNI Sekuritas memiliki 99.90% dari jumlah                        BNI Sekuritas owns 99,90% of the total share
            saham PT BNI Asset Management (“BNI Asset                        capital of PT BNI Asset Management (“BNI
            Management”), entitas anak yang didirikan                        Asset Management”), a subsidiary established
            tanggal 28 Maret 2011 dan bergerak di bidang                     on 28 March 2011 and engaged in investment
            manajemen dan penasehat investasi.                               management and advisory activities.

            BNI Sekuritas memiliki 100.00% dari jumlah                       BNI Sekuritas owns 100,00% of the total share
            saham BNI Securities Pte. Ltd. (“BSPL”) yang                     capital of BNI Securities Pte. Ltd. (“BSPL”)
            didirikan pada tanggal 22 Maret 2021 dan                         which was established on 22 March 2021 and
            telah mendapat izin dari Monetary Authority                      had obtained licensed issued by Monetary
            Singapore (MAS) pada tanggal 8 Desember                          Authority Singapore (MAS) on 8 December
            2021.                                                            2021.

            Kantor pusat BNI Sekuritas berlokasi di                          BNI Sekuritas’ head office is located in
            Sudirman Plaza Indofood Tower, lantai 16,                        Sudirman Plaza Indofood Tower, 16th floor,
            Jl. Jenderal Sudirman Kav. 76-78, Jakarta                        Jl. Jenderal Sudirman Kav. 76-78, Jakarta
            12910, Indonesia. Pada tanggal 31 Desember                       12910, Indonesia. As of 30 December 2024,
            2024, Perusahaan memiliki 16 outlet cabang                       the Company has 16 outlets located in various
            yang tersebar di beberapa kota di Indonesia                      cities in Indonesia (2023: 19 outlets)
            (2023: 19 outlet cabang) (tidak diaudit). BNI                    (unaudited). BNI Sekuritas has 346 and 286
            Sekuritas memiliki karyawan tetap sebanyak                       permanent employees as of 31 December
            346 dan 286 orang masing-masing pada                             2024 and 31 December 2023, respectively
            tanggal 30 Desember 2024 dan 31 Desember                         (unaudited).
            2023 (tidak diaudit).




                                                       Halaman - 21 - Page
1232   Transforming the Future, Empowering Indonesia
Page 632
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

1.   INFORMASI UMUM (lanjutan)                                  1.   GENERAL INFORMATION (continued)

     j.   Entitas Anak (lanjutan)                                    j.   Subsidiaries (continued)

          BNI    Remittance       Ltd.    (dahulu      BNI                BNI Remittance          Ltd.     (formerly        BNI
          Nakertrans)                                                     Nakertrans)

          BNI Remittance Ltd. telah menambah                              On 11 June 2009, BNI Remittance Ltd.
          modalnya sebesar HKD7.434.944 (nilai penuh)                     increased its capital by HKD7,434,944 (full
          setara dengan Rp10.000 pada tanggal 11 Juni                     amount) equivalent to Rp10,000, which was
          2009 yang dicatat menggunakan metode                            recorded using the cost method. The main
          biaya. Kantor pusat BNI Remittance Ltd.                         office of BNI Remittance Ltd. is located in
          berada di Causeway Bay, Hong Kong dan                           Causeway Bay, Hong Kong and has 6 and 6
          memiliki karyawan sebanyak 6 dan 6 orang                        employees as of 31 December 2024 and
          pada tanggal 31 Desember 2024 dan 31                            31 December 2023, respectively (unaudited).
          Desember 2023 (tidak diaudit).

          PT Bank Hibank Indonesia (dahulu PT Bank                        PT Bank Hibank            Indonesia      (formerly
          Mayora)                                                         PT Bank Mayora)

          PT Bank Mayora didirikan pada tahun 1993                        PT Bank Mayora was established in 1993
          berdasarkan Akta No. 14 tanggal 25 Februari                     based on Notarial Deed No. 14 dated 25
          1993 dari Dr. Widjojo Wilami, S.H., notaris di                  February 1993 of Dr. Widjojo Wilami, S.H.,
          Jakarta. Akta pendirian ini telah mendapat                      public notary in Jakarta. The Deed of
          pengesahan dari Menteri Kehakiman Republik                      Establishment was approved by the Minister of
          Indonesia melalui Surat Keputusannya No. C2-                    Justice of the Republic of Indonesia in his
          108.HT.01.01.Th.1993 tanggal 10 April 1993                      Decision Letter No. C2-108.HT.01.01.Th.1993
          serta diumumkan dalam Berita Negara                             dated 10 April 1993 and published in the State
          Republik Indonesia No. 44, tanggal 2 Juni                       Gazette of the Republic of Indonesia No. 44
          1993, Tambahan No. 2457. Anggaran Dasar                         dated 2 June 1993, Supplement No. 2457.
          PT Bank Mayora telah mengalami beberapa                         Bank Mayora’s Articles of Association has
          kali perubahan. Perubahan terakhir Anggaran                     been amended several times. The latest
          Dasar PT Bank Mayora dilakukan antara lain                      amendment of PT Bank Mayora’s Articles of
          tentang perubahan penamaan perseroan                            Association was made regarding change its
          menjadi PT Bank Hibank Indonesia sesuai                         name to PT Bank Hibank Indonesia based on
          dengan Akta Notaris No. 42 tanggal                              Notarial Deed No. 42 dated 11 April 2023 of
          11 April 2023 dari Jose Dima Satria, SH.,                       Notary Jose Dima Satria, SH., M.KN. and has
          M.KN. dan telah mendapat persetujuan dari                       been approved by the Minister of Laws and
          Menteri Hukum dan Hak Asasi Manusia                             Human Rights of the Republic of Indonesia, in
          Republik Indonesia, dengan Surat Keputusan                      its     Decision     Letter    No.       AHU-
          No. AHU-0022392.AH.01.02 tanggal 14 April                       0022392.AH.01.02 dated 14 April 2023.
          2023.

          PT Bank Hibank Indonesia tergabung dalam                        PT Bank Hibank Indonesia incorporated in the
          Kelompok     Usaha    Bank     (KUB)     BNI                    BNI Bank Business Group (KUB) as an
          sebagaimana penegasan terhadap rencana                          affirmation of the plan to establish a BNI KUB
          pembentukan KUB BNI yang disampaikan oleh                       by the Financial Services Authority (OJK)
          Otoritas Jasa Keuangan cfm. Surat OJK                           confirmed by OJK Letter No. S-83/PB.31/2022
          No. S-83/PB.31/2022 tanggal 23 Mei 2022 dan                     dated 23 May 2022 and became a Financial
          menjadi bagian dari anggota Lembaga Jasa                        Services Institution member of the BNI
          Keuangan Konglomerasi Keuangan BNI                              Financial Conglomerate as recorded in the
          sebagaimana telah dicatat dalam administrasi                    OJK supervision administration confirmed by
          pengawasan     OJK     cfm.    Surat     OJK                    OJK Letter No. S-88/PB.31/2022 dated 9 June
          No. S-88/PB.31/2022 tanggal 9 Juni 2022.                        2022.

          Sesuai dengan Surat Keputusan Bank                              In accordance with the Decree of Bank
          Indonesia No. 15/5/KEP.DpG/2013 tanggal                         Indonesia No. 15/5/KEP.DpG/2013 dated
          7 Mei 2013, Bank memperoleh peningkatan                         7 May 2013, the Bank was authorised to
          status menjadi Bank Devisa.                                     operate as a Foreign Exchange Bank.




                                                    Halaman - 22 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1233
Page 633
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  1.   INFORMASI UMUM (lanjutan)                                   1.   GENERAL INFORMATION (continued)

       j.   Entitas Anak (lanjutan)                                     j.   Subsidiaries (continued)

            PT Bank Hibank Indonesia (dahulu PT Bank                         PT Bank Hibank Indonesia               (formerly
            Mayora) (lanjutan)                                               PT Bank Mayora) (continued)

            Kantor pusat PT Bank Hibank Indonesia                            PT Bank Hibank Indonesia head office is
            berlokasi di Jakarta dengan alamat di Rajawali                   located in Jakarta, Rajawali Place Lantai 22-
            Place Lantai 22-23, Jl. H. R. Rasuna Said No.                    23, Jl. H. R. Rasuna Said No. Kav. B, RW.4,
            Kav. B, RW.4, Setia Budi, Kecamatan                              Setia Budi, Kecamatan Setiabudi, Kota Jakarta
            Setiabudi, Kota Jakarta Selatan, Daerah                          Selatan, Daerah Khusus Ibukota Jakarta
            Khusus Ibukota Jakarta 12910. Pada tanggal                       12910. As of 31 December 2024, Hibank has 4
            31 Desember 2024, Hibank memiliki 4 kantor                       branches, 20 sub-branches and 1 other outlets
            cabang, 20 kantor cabang pembantu dan 1 KP                       (unaudited) (31 December 2023: 3 branches,
            non        operasional      (tidak     diaudit)                  28 sub-branches, and 1 other outlets) and has
            (31 Desember 2023: 3 kantor cabang, 28                           559          employees          as         of
            kantor cabang pembantu, dan 1 KP non                             31 December 2024 (31 December 2023: 676
            operasional)     serta   memiliki   karyawan                     employees) (unaudited).
            sebanyak 559 orang pada tanggal 31
            Desember 2024 (31 Desember 2023: 676
            orang) (tidak diaudit).

            PT BNI Modal Ventura (‘’BNI Ventures’’)                          PT BNI Modal Ventura (‘’BNI Ventures’’)

            BNI Ventures didirikan pada tahun 2022                           BNI Ventures was established in 2022 based
            berdasarkan Akta No. 17 tanggal 12 April 2022                    on Deed No. 17 dated 12 April 2022 from
            dari Ariani L. Rachim, notaris di Jakarta. Akta                  Ariani L. Rachim, a notary in Jakarta. This
            pendirian ini telah mendapatkan pengesahan                       deed of establishment has been approved by
            dari Menteri Hukum dan Hak Asasi Manusia                         the Minister of Law and Human Rights of the
            Republik Indonesia yang tertuang dalam Surat                     Republic of Indonesia as stated in Letter
            No. AHU-0027437.AH.01.01.TAHUN 2022                              No. AHU-0027437.AH.01.01.TAHUN 2022
            tanggal 19 April 2022 serta diumumkan dalam                      dated 19 April 2022 and announced in the
            Berita Negara Republik Indonesia No. 032                         State Gazette of the Republic of Indonesia No.
            Tambahan Berita Negara RI No. 014450                             032 Supplement to the State Gazette of the
            tanggal 22 April 2022.                                           Republic of Indonesia No. 014450 dated
                                                                             22 April 2022.

            Berdasarkan pasal 3 dari Anggaran Dasar BNI                      Based on article 3 of the Articles of
            Ventures, ruang lingkup kegiatan usahanya                        Association of BNI Ventures, the scope of its
            mencakup usaha modal ventura yang                                business activities includes conventional
            diselenggarakan secara konvensional, dengan                      venture capital ventures, with business
            kegiatan usaha meliputi penyertaan saham                         activities including equity participation, equity
            (equity participation), penyertaan melalui                       participation through the purchase of bonds
            pembelian obligasi (quasi equity participation),                 (quasi equity participation), financing through
            pembiayaan melalui pembelian surat utang                         the purchase of issued debt securities by
            yang diterbitkan pasangan usaha pada tahap                       business partners at the initial startup stage
            rintisan      awal     (startup)      dan/atau                   and/or      business    development,       and/or
            pengembangan usaha, dan/atau pembiayaan                          productive business financing. In carrying out
            usaha produktif. Dalam melakukan kegiatan                        its business activities, the BNI Ventures can
            usahanya, BNI Ventures dapat mengelola                           manage venture funds. In addition to venture
            dana ventura. Selain usaha modal ventura,                        capital businesses, BNI Ventures can also
            BNI Ventures juga dapat menyelenggarakan                         carry out other business activities, namely fee-
            kegiatan usaha lain yaitu kegiatan jasa                          based service activities and/or other business
            berbasis fee dan/atau kegiatan usaha lain                        activities with the approval of the Financial
            dengan persetujuan Otoritas Jasa Keuangan                        Services Authority (OJK). BNI Ventures has
            (OJK). BNI Ventures telah mendapatkan izin                       obtained a business license from OJK on
            usaha dari OJK pada tanggal 27 Januari 2023.                     27 January 2023.




                                                       Halaman - 23 - Page
1234   Transforming the Future, Empowering Indonesia
Page 634
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

1.   INFORMASI UMUM (lanjutan)                                  1.   GENERAL INFORMATION (continued)

     j.   Entitas Anak (lanjutan)                                    j.   Subsidiaries (continued)

          PT BNI Modal Ventura (‘’BNI Ventures’’)                         PT BNI Modal Ventura (‘’BNI Ventures’’)
          (lanjutan)                                                      (continued)

          Anggaran Dasar BNI Ventures mengalami                           The Articles of Association of BNI Ventures
          perubahan pada Juni 2024, terkait pasal 12                      has been amended in June 2024, regarding
          ayat 5 dan pasal 15 ayat 5 tentang Perubahan                    article 12 paragraph 5 and article 15
          Masa Jabatan Direksi dan Dewan Komisaris                        paragraph 5 about the Change of Term of
          yang tertuang dalam Pernyataan Keputusan                        Office for the Board of Directors and the Board
          Pemegang Saham di luar Rapat Umum                               of Commissioners as stated in the
          Pemegang Saham Luar Biasa No. 6 tanggal                         Shareholders' Decision Statement outside the
          21 Juni 2024, yang dibuat di hadapan                            Extraordinary General Shareholders’ Meeting
          Fifidiana, S.H., S.S., M.Kn., di Jakarta Pusat,                 No. 6 on 21 June 2024, of Fifidiana, S.H., S.S.,
          yang telah diterima dan dicatat oleh Menteri                    M.Kn., in Central Jakarta, which has been
          Hukum dan Hak Asasi Manusia Republik                            received and recorded by the Minister of Laws
          Indonesia dengan Surat Nomor AHU-                               and Human Rights of the Republic of
          AH.01.03-0154217 tanggal 24 Juni 2024.                          Indonesia with Letter Number AHU-AH.01.03-
                                                                          0154217 on 24 June 2024.

          Anggaran      Dasar     terakhir    mengalami                   The most recent amendment to the Articles of
          perubahan pada Juli 2024, terkait dengan                        Association occurred in July 2024, related to
          Perubahan terhadap pasal 3 dan pasal 13 ayat                    changes to article 3 and article 13 paragraph 4
          4 huruf b angka 4 yang mengatur tentang                         letter b number 4, which regulate the purpose
          maksud dan tujuan serta kegiatan Perusahaan                     and objectives as well as the activities of the
          dan tugas, wewenang, dan kewajiban Direksi                      Company, and the duties, authorities, and
          yang tertuang dalam Akta Notaris No. 5                          obligations of the Board of Directors, as stated
          tanggal 8 Juli 2024 oleh Fifidiana, S.H., S.S.,                 in Notarial Deed No. 5 dated 8 July 2024, by
          M.Kn., di Jakarta. Perubahan ini mendapatkan                    Fifidiana, S.H., S.S., M.Kn., in Jakarta. This
          persetujuan dari Menteri Hukum dan Hak                          amendment received approval from the
          Asasi Manusia Republik Indonesia dengan                         Minister of Law and Human Rights of the
          Surat Nomor AHU 0041133.AH.01.02.TAHUN                          Republic of Indonesia with Letter Number AHU
          2024 tanggal 9 Juli 2024 serta telah diterima                   0041133.AH.01.02.YEAR 2024 dated 9 July
          dan dicatat oleh Menteri Hukum dan Hak Asasi                    2024, and has been received and recorded by
          Manusia Republik Indonesia dengan Surat                         the Minister of Laws and Human Rights of the
          Nomor AHU-AH.01.03-0169933 tanggal 9 Juli                       Republic of Indonesia with Letter Number
          2024.                                                           AHU-AH.01.03-0169933 dated 9 July 2024.

          Kantor pusat BNI Ventures berlokasi di Jakarta                  BNI Ventures head office is located in Jakarta,
          dengan alamat di Menara BNI Pejompongan,                        at BNI Pejompongan Tower, 2th floor,
          Lantai 2, Jl. Pejompongan Raya No. 7,                           Jl. Pejompongan Raya No. 7, Bendungan Hilir,
          Bendungan Hilir, Tanah Abang, Jakarta 10210.                    Tanah Abang, Jakarta 10210. BNI Ventures
          BNI Ventures memiliki karyawan sebanyak 17                      had 17 employees and 12 employees as of
          orang dan 12 orang masing-masing pada                           31 December 2024 and 31 December 2023
          tanggal 31 Desember 2024 dan 31 Desember                        (unaudited).
          2023 (tidak diaudit).

     k.   Entitas Asosiasi                                           k.   Associates
          PT Bank Syariah Indonesia Tbk                                   PT Bank Syariah Indonesia Tbk

          BNI Syariah didirikan dengan Akta Pendirian                     BNI Syariah was established based on
          No. 160 tanggal 22 Maret 2010 yang dibuat di                    Establishment Deed No. 160 dated 22 March
          hadapan Aulia Taufani, S.H., sebagai                            2010 which was notarised by Aulia Taufani,
          Pengganti Sutjipto, S.H., notaris di Jakarta.                   S.H., as the substitute of Sutjipto, S.H., notary
          Akta Pendirian tersebut telah memperoleh                        in Jakarta. The Establishment Deed was
          pengesahan dari Menteri Hukum dan Hak                           approved by the Ministry of Laws and Human
          Asasi Manusia Republik Indonesia melalui                        Rights of the Republic of Indonesia through
          Surat No. AHU-15574.AH.01.01.Tahun 2010                         Letter No. AHU-15574.AH.01.01.Year 2010
          tanggal 25 Maret 2010.                                          dated 25 March 2010.




                                                    Halaman - 24 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1235
Page 635
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)              (Expressed in millions of Rupiah, unless otherwise stated)

  1.   INFORMASI UMUM (lanjutan)                                      1.   GENERAL INFORMATION (continued)

       k.   Entitas Asosiasi (lanjutan)                                    k.   Associates (continued)
            PT Bank Syariah Indonesia Tbk (lanjutan)                            PT Bank Syariah Indonesia Tbk (continued)

            Sejak tanggal 1 Februari 2021, BNI Syariah                          Since 1 February 2021, BNI Syariah has
            telah resmi bergabung ke Bank Syariah                               officially joined Bank Syariah Indonesia as
            Indonesia sesuai persetujuan Otoritas Jasa                          approved by The Financial Service Authority
            Keuangan (OJK) Pasar Modal melalui surat                            (OJK) Capital Market through letter No.
            No. S-289/D.04/2020 tertanggal 11 Desember                          S-289/D.04/2020 dated 11 December 2020 as
            2020 serta melalui surat OJK Perbankan No.                          well as through OJK Perbankan through letter
            4/KDK.03/2021 tanggal 27 Januari 2021.                              No. 4/KDK.03/2021 dated 27 January 2021.

            Dengan bergabungnya BNI Syariah ke Bank                             By joining BNI Syariah to Bank Syariah
            Syariah Indonesia, maka pengendalian BNI                            Indonesia, BNI's control of BNI Syariah has
            terhadap BNI Syariah telah berakhir dan tidak                       ended and there is no consolidation of the
            dilakukan konsolidasi atas laporan keuangan                         financial statements of Bank Syariah Indonesia
            Bank Syariah Indonesia pada laporan                                 in the consolidated financial statements of BNI
            keuangan konsolidasian      BNI dan Entitas                         and its Subsidiaries.
            Anak.

            Sejak 1 Februari 2021, Penyertaan BNI                               Since 1 February 2021, BNI's participation in
            terhadap Bank Syariah Indonesia dianggap                            Bank Syariah Indonesia is considered as
            sebagai penyertaan terhadap perusahaan                              participation in associated companies with
            asosiasi dengan pengaruh signifikan yang                            significant influence which is recorded using
            dicatat menggunakan metode ekuitas.                                 the equity method.


  2.   INFORMASI            KEBIJAKAN             AKUNTANSI           2.   MATERIAL             ACCOUNTING               POLICY
       MATERIAL                                                            INFORMATION

       Laporan keuangan konsolidasian interim BNI dan                      The interim consolidated financial statements of
       Entitas Anak (“Grup”) ini diselesaikan dan                          BNI and its Subsidiaries (“Group”) were completed
       diotorisasi untuk terbit oleh Direksi pada tanggal                  and authorised for issuance by the Board of
       22 Januari 2025.                                                    Directors on 22 January 2025.

       Kebijakan akuntansi material yang diterapkan                        The material accounting policies adopted in
       dalam      penyusunan        laporan    keuangan                    preparing the interim consolidated financial
       konsolidasian interim      BNI dan Entitas Anak                     statements of BNI and Subsidiaries (“Group”) are
       (“Grup”) adalah seperti dijabarkan dibawah ini:                     set out below:

       a.   Dasar penyusunan            laporan        keuangan            a.   Basis of preparation of the consolidated
            konsolidasian                                                       financial statements
            Berikut ini adalah ikhtisar kebijakan akuntansi                     Presented below are the summary of material
            material yang diterapkan dalam penyusunan                           accounting policies applied in the preparation
            laporan keuangan konsolidasian Grup yang                            of the consolidated financial statements of the
            disusun berdasarkan Standar Akuntansi                               Group in accordance with Indonesian Financial
            Keuangan di Indonesia yang mencakup                                 Accounting Standards which comprise of
            Pernyataan Standar Akuntansi Keuangan                               Statements of Financial Accounting Standards
            ("PSAK") dan Interpretasi Standar Akuntansi                         ("SFAS") and Interpretation of Financial
            Keuangan ("ISAK") yang diterbitkan oleh                             Accounting Standards (“ISFAS”) issued by
            Ikatan Akuntan Indonesia dan Peraturan                              Institute of Indonesian Chartered Accountant
            Badan Pengawas Pasar Modal dan Lembaga                              and the Capital Market and Financial
            Keuangan ("BAPEPAM-LK") No. VIII.G.7                                Institution Supervisory Agency ("BAPEPAM-
            tentang     Penyajian    dan     Pengungkapan                       LK")’s Regulation No. VIII.G.7 regarding the
            Laporan Keuangan Emiten atau Perusahaan                             Presentations and Disclosures of Financial
            Publik, yang terlampir dalam surat keputusan                        Statements of Listed Entity, enclosed in the
            No. KEP-347/BL/2012. Peraturan tersebut                             decision letter No. KEP-347/BL/2012. The
            sekarang merupakan regulasi dari Otoritas                           regulation is now a regulation under
            Jasa Keuangan ("OJK").                                              Indonesian Financial Services Authority
                                                                                ("OJK").




                                                          Halaman - 25 - Page
1236   Transforming the Future, Empowering Indonesia
Page 636
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     a.   Dasar penyusunan laporan              keuangan             a.   Basis of preparation of the consolidated
          konsolidasian (lanjutan)                                        financial statements (continued)
          Laporan keuangan konsolidasian disusun                          The consolidated financial statements are
          sesuai dengan PSAK 201, “Penyajian                              prepared in accordance with SFAS 201,
          Laporan Keuangan”.                                              “Presentation of Financial Statements”.
          Laporan keuangan konsolidasian telah                            The consolidated financial statements have
          disajikan   berdasarkan      konsep    harga                    been prepared on a historical cost basis, as
          perolehan, yang dimodifikasi oleh revaluasi                     modified by revaluation of land and buildings,
          tanah dan bangunan, aset keuangan yang                          financial assets at fair value through other
          diukur pada nilai wajar melalui penghasilan                     comprehensive income, and financial assets
          komprehensif lain dan aset dan liabilitas                       and liabilities (including derivative instruments)
          keuangan (termasuk instrumen derivatif) yang                    at fair value through profit or loss, and under
          diukur pada nilai wajar melalui laba rugi,                      the accrual basis of accounting, except for
          serta disusun dengan dasar akrual, kecuali                      consolidated statements of cash flows.
          laporan arus kas konsolidasian.
          Laporan arus kas konsolidasian disusun                          The consolidated statements of cash flows are
          dengan menggunakan metode langsung                              prepared in the direct method with cash flows
          dengan mengelompokkan arus kas dalam                            classified into operating, investing and
          aktivitas operasi, investasi dan pendanaan.                     financing activities. Cash and cash equivalents
          Kas dan setara kas terdiri dari kas, giro pada                  consist of cash, current accounts with Bank
          Bank Indonesia dan giro pada bank lain,                         Indonesia and current accounts with other
          penempatan pada bank lain dan Sertifikat                        banks, placements with other banks and
          Bank Indonesia yang jatuh tempo dalam                           Certificates of Bank Indonesia maturing within
          waktu 3 bulan atau kurang sejak tanggal                         3 months from the date of acquisition, and
          perolehan, sepanjang tidak digunakan                            which are not pledged as collateral for
          sebagai jaminan atas pinjaman yang diterima                     borrowings nor restricted.
          serta tidak dibatasi penggunaannya.
          Pos-pos dalam penghasilan komprehensif                          Items within other comprehensive income are
          lainnya disajikan terpisah antara akun-akun                     classified separately, between accounts which
          yang akan direklasifikasikan ke laba rugi dan                   will be reclassified to profit or loss and which
          akun-akun yang tidak akan direklasifikasikan                    will not be reclassified to profit or loss.
          ke laba rugi.

          Mata uang pelaporan yang digunakan dalam                        The reporting currency used for the
          laporan keuangan konsolidasian adalah mata                      consolidated financial statements is the
          uang Rupiah (Rp). Angka-angka yang                              Indonesian Rupiah (Rp). Unless otherwise
          disajikan    dalam      laporan     keuangan                    stated, all figures presented in the
          konsolidasian, kecuali bila dinyatakan secara                   consolidated financial statements are rounded
          khusus, adalah dibulatkan dalam jutaan                          off to millions of Rupiah.
          Rupiah.

     b.   Perubahan Pernyataan Standar Akuntansi                     b.   Changes to Statements of Financial
          Keuangan    dan    Interpretasi Standar                         Accounting Standards and Interpretations
          Akuntansi Keuangan                                              of Statements of Financial Accounting
                                                                          Standards

          Berikut ini adalah standar akuntansi                            The followings are financial accounting
          keuangan, perubahan dan interpretasi                            standard, amendments and interpretation of
          standar akuntansi keuangan yang berlaku                         financial accounting standard which become
          efektif sejak 1 Januari 2024.                                   effective starting 1 January 2024.

          •   Amendemen PSAK 116: “Sewa” terkait                          •   Amendment of SFAS 116: “Leases”
              liabilitas sewa pada transaksi jual dan                         regarding lease liabilities in sale-and-
              sewa-balik; dan                                                 lease back transactions; and
          •   Amendemen PSAK 201: “Penyajian                              •   Amendment of SFAS 201: “Presentation
              Laporan Keuangan” terkait liabilitas                            of Financial Statements” regarding long-
              jangka panjang dengan kovenan.                                  term liabilities with the covenant.




                                                    Halaman - 26 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1237
Page 637
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI          2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                               INFORMATION (continued)

       b.   Perubahan Pernyataan Standar Akuntansi                       b.   Changes to Statements of Financial
            Keuangan    dan   Interpretasi Standar                            Accounting Standards and Interpretations
            Akuntansi Keuangan (lanjutan)                                     of Statements of Financial Accounting
                                                                              Standards (continued)

            Berikut ini adalah standar akuntansi                              The followings are financial accounting
            keuangan, perubahan dan interpretasi                              standard, amendments and interpretation of
            standar akuntansi keuangan yang berlaku                           financial accounting standard which become
            efektif sejak 1 Januari 2025.                                     effective starting 1 January 2025.

            •   PSAK 117: “Kontrak Asuransi”;                                 •   SFAS 117: “Insurance Contract”;
            •   Amendemen       PSAK     117:  “Kontrak                       •   Amendment of SFAS 117: “Insurance
                Asuransi” terkait Penerapan Awal PSAK                             Contract” regarding Initial Application of
                117 dan PSAK 109 - Informasi Komparatif;                          SFAS 117 and SFAS 109 - Comparative
                dan                                                               Information; and
            •   Amendemen PSAK 221: “Pengaruh                                 •   Amendment of SFAS 221: “The Effect of
                Perubahan Kurs Valuta Asing” terkait                              Changes in Foreign Exchange Rates”
                kondisi ketika suatu mata uang tidak                              regarding to conditions when a currency
                tertukarkan.                                                      is not exchangeable.

            PSAK 117: Kontrak Asuransi                                        SFAS 117 “Insurance Contract”

            PSAK 117 menetapkan prinsip-prinsip untuk                         SFAS 117 establishes principles for the
            pengakuan, pengukuran, penyajian, dan                             recognition, measurement, presentation and
            pengungkapan   kontrak    asuransi  serta                         disclosure of insurance contracts and
            menggantikan standar kontrak asuransi                             supersedes the SFAS 104 insurance contracts
            PSAK 104 yang berlaku saat ini.                                   standard.

            PSAK 117 mencakup beberapa perbedaan                              SFAS 117 includes some fundamental
            mendasar dibandingkan dengan standar                              differences to current accounting in both
            akuntansi kontrak asuransi saat ini dalam hal,                    insurance contracts in relation, among others,
            diantaranya pengukuran, pengakuan laba dan                        measurement,     income      recognition   and
            penyajian kontrak asuransi. Dalam hal                             presentation insurance contract. In relation to
            pengukuran kontrak asuransi, ada tiga model                       the insurance contract measurement, there are
            pengukuran baru yang diperkenalkan di                             three new measurement models introduced
            bawah PSAK 117, yang terdiri dari General                         under SFAS 117 consisting of General
            Measurement Model (GMM), Variable Fee                             Measurement Model (GMM), Variable Fee
            Approach (VFA), and Premium Allocation                            Approach (VFA), and Premium Allocation
            Approach (PAA).                                                   Approach (PAA).

            Dampak penerapan awal                PSAK     117                 The impact of initial application of SFAS 117
            mencakup hal-hal berikut:                                         include the following:

            -   Perubahan kebijakan akuntasi sebagai                          -   Changes in accounting policies resulting
                dampak dari penerapan PSAK 117 harus                              from the adoption of SFAS 117 shall apply
                diterapkan      dengan       pendekatan                           with a full retrospective approach to the
                retrospektif penuh sejauh yang dapat                              extent practicable. The Group adopts both
                dilaksanakan.     Grup      menerapkan                            the modified retrospective approach and
                pendekatan retrospektif yang dimodifikasi                         the fair value approach when it is
                dan pendekatan nilai wajar apabila                                impracticable to use a full retrospective
                pendekatan retrospektif penuh tidak                               approach in determining transition impact
                dapat dilaksanakan dalam menentukan                               at the SFAS transition date.
                jumlah transisi pada tanggal transisi
                PSAK.




                                                        Halaman - 27 - Page
1238   Transforming the Future, Empowering Indonesia
Page 638
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     b.   Perubahan Pernyataan Standar Akuntansi                     b.   Changes to Statements of Financial
          Keuangan    dan   Interpretasi Standar                          Accounting Standards and Interpretations
          Akuntansi Keuangan (lanjutan)                                   of Statements of Financial Accounting
                                                                          Standards (continued)

          PSAK 117: Kontrak Asuransi (lanjutan)                           SFAS 117 “Insurance Contract” (continued)

          Dampak    penerapan awal PSAK                117                The impact of initial application of SFAS 117
          mencakup hal-hal berikut: (lanjutan)                            include the following: (continued)

          -   Standar ini memperkenalkan diskonto                         -   The standard introduces mandatory
              wajib     atas     cadangan        kerugian,                    discounting of loss reserves, higher
              transparansi yang lebih tinggi atas                             transparency of loss-making portfolios due
              portofolio merugi yang disebabkan oleh                          to more granular onerous contract testing,
              pengujian kontrak yang lebih rinci, dan                         and the introduction of risk adjustment for
              pengenalan penyesuaian risiko untuk                             non-financial risk which is similar to the
              risiko non-finansial yang serupa dengan                         Provision of Risk Margin for Adverse
              Provision of Risk Margin for Adverse                            Deviation (PAD) in SFAS 104 for claim
              Deviation (PAD) pada liabilitas klaim di                        liabilities. The standard requires the
              PSAK        104.     Standar        tersebut                    discount rates to be determined using
              mengharuskan          tingkat       diskonto                    observable market data based on a risk-
              ditentukan menggunakan data pasar                               free base curve and portfolio specific
              yang dapat diobservasi berdasarkan                              adjustments to reflect the illiquidity of
              kurva     dasar     bebas     risiko     dan                    insurance liabilities.
              penyesuaian khusus portofolio untuk
              mencerminkan tidak likuidnya liabilitas
              asuransi.

          -   PSAK 117 mengharuskan kerugian yang                         -   SFAS 117 requires expected losses over
              diharapkan selama masa berlaku kontrak                          a contract’s lifetime to be reflected at initial
              untuk tercermin pada pengakuan awal                             recognition in the statement of profit or
              dalam laporan laba rugi dan laporan                             loss and the statement of financial position
              posisi keuangan sebagai komponen                                as a loss component. 
              kerugian.

          Grup akan mengadopsi PSAK 117 untuk                             Group will adopt SFAS 117 for the first time for
          pertama kalinya untuk tahun buku mulai 1                        the financial year beginning 1 January 2025.
          Januari 2025. Saat ini, Grup sedang                             Currently, Group is in the midst of conducting
          melakukan penilaian mendalam mengenai                           a detailed assessment on the impact to the
          dampak terhadap laporan keuangan akibat                         financial statements on adopting the new
          penerapan standar baru ini. Group akan                          standard. Group will restate the comparative
          menyajikan kembali     informasi komparatif                     information    based     on   the     transition
          berdasarkan pendekatan transisi yang diambil                    approaches taken on adoption of SFAS 117.
          pada saat adopsi PSAK 117.




                                                    Halaman - 28 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1239
Page 639
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       b.   Perubahan Pernyataan Standar Akuntansi                      b.   Changes to Statements of Financial
            Keuangan    dan   Interpretasi Standar                           Accounting Standards and Interpretations
            Akuntansi Keuangan (lanjutan)                                    of Statements of Financial Accounting
                                                                             Standards (continued)

            PSAK 117: Kontrak Asuransi (lanjutan)                            SFAS 117 “Insurance Contract” (continued)

            Grup telah mengkaji dampak dari standar dan                      Group has assessed the impact of these new
            interpretasi tersebut sebagaimana dijabarkan                     standards and interpretations as set out below:
            di bawah ini:

            i.    Transisi                                                   i.   Transition

                  Grup berencana untuk mengadopsi                                 Group plan to adopt SFAS 117
                  PSAK 117 secara retrospektif dengan                             retrospectively by the following applying
                  menerapkan metode transisi sebagai                              transition methods:
                  berikut:

                  -   Pendekatan     retrospektif penuh                           -   Full retrospective approach will be
                      diterapkan pada kontrak asuransi                                applied to the insurance contracts that
                      yang dibuat dari tahun 2022 hingga                              were originated from years 2022 to
                      2023 sebelum transisi.                                          2023 prior to transition.

                  -   Pendekatan nilai wajar diterapkan                           -   Fair value approach will be applied to
                      pada kontrak asuransi tahun 2021                                insurance     contracts   that   were
                      dan sebelumnya.                                                 originated from year 2021 and earlier.

                  Pendekatan transisi untuk reasuransi                            The transition approaches for reinsurance
                  akan mengikuti pendekatan yang akan                             will follow the approaches to be applied
                  diterapkan untuk bisnis asuransi yang                           for underlying insurance business.
                  mendasarinya.

            ii.   Klasifikasi dan Model Pengukuran                           ii. Classification       and     Measurement
                                                                                 models
                  Suatu kontrak diklasifikasikan sebagai
                  kontrak asuransi apabila kontrak tersebut                       A contract is classified as insurance
                  menerima risiko asuransi yang signifikan                        contract when it accepts significant
                  dari pihak lain (pemegang polis) dan                            insurance risk from another party (the
                  sepakat untuk memberikan kompensasi                             policyholder) and agree to compensate
                  kepada pemegang polis jika suatu                                the policyholder if a specified uncertain
                  peristiwa masa depan yang tidak pasti                           future event (the insured event) adversely
                  (peristiwa     yang       diasuransikan)                        affects the policyholder.
                  berdampak buruk pada pemegang polis.

                  Grup mendefinisikan kontrak yang                                Group defines the contract that have
                  memiliki risiko asuransi yang signifikan                        significant insurance risk as insurance
                  sebagai kontrak asuransi. Selanjutnya,                          contract. Subsequently, the insurance
                  kontrak      asuransi    akan    diukur                         contracts will be measured based on
                  berdasarkan      Group    of   Contract                         Group of Contract level using General
                  menggunakan General Measurement                                 Measurement Model (GMM), Premium
                  Model (GMM), Premium Allocation                                 Allocation Approach (PAA) or Variable
                  Approach (PAA) atau Variable Fee                                Fee Approach (VFA).
                  Approach (VFA).




                                                       Halaman - 29 - Page
1240   Transforming the Future, Empowering Indonesia
Page 640
                                     PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                        DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN                AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                              INFORMATION (continued)

     b.   Perubahan Pernyataan Standar Akuntansi                      b.   Changes to Statements of Financial
          Keuangan    dan   Interpretasi Standar                           Accounting Standards and Interpretations
          Akuntansi Keuangan (lanjutan)                                    of Statements of Financial Accounting
                                                                           Standards (continued)

          PSAK 117: Kontrak Asuransi (lanjutan)                            SFAS 117 “Insurance Contract” (continued)

          Grup telah mengkaji dampak dari standar dan                      Group has assessed the impact of these new
          interpretasi tersebut sebagaimana dijabarkan                     standards and interpretations as set out below:
          di bawah ini: (lanjutan)                                         (continued)

          iii.   Unit akun                                                 iii. Unit of account

                 Grup telah menetapkan unit akunnya                             Group has defined its units of account for
                 untuk kontrak asuransi yang diterbitkan                        insurance contracts issued to be align
                 agar selaras dengan lini bisnis yang                           with the lines of business that it uses to
                 digunakannya untuk melapor kepada                              report to its primary regulator/product
                 regulator              utamanya/spesifikasi                    specification/others. For reinsurance
                 produk/lainnya. Untuk kontrak reasuransi                       contracts held, the unit of account
                 yang dimiliki, unit akun sesuai dengan                         corresponds to the legal form of the
                 bentuk hukum kontrak reasuransi yang                           reinsurance     contract   held/type    of
                 dimiliki/jenis kontrak reasuransi/lainnya.                     reinsurance contract/others.

                 Manajemen mengidentifikasi         adanya                      Management identified any combination
                 kombinasi dan pemisahan            kontrak                     and separation of insurance contracts
                 asuransi di dalam Grup.                                        within the Group.

          iv     Kontrak yang merugi                                       iv. Onerous contract

                 Kontrak diakui sebagai kontrak yang                            Contracts are recognised as onerous if
                 memberatkan jika diperkirakan akan                             they are expected to be loss making at
                 menimbulkan kerugian pada saat                                 inception. Those contracts form their own
                 dimulainya kontrak. Kontrak-kontrak                            groups and expected losses are
                 tersebut    membentuk     kelompoknya                          immediately recognized in the statement
                 sendiri dan kerugian yang diperkirakan                         of profit or loss. Based on Management’s,
                 segera diakui dalam laporan laba rugi.                         assessment there are facts and
                 Berdasarkan     penilaian  Manajemen,                          circumstances which indicate that a
                 terdapat fakta dan keadaan yang                                group of insurance contracts has become
                 mengindikasikan bahwa sekelompok                               onerous.
                 kontrak asuransi menjadi merugi.

          v.     Pengakuan         dan        penghentian                  v.   Recognition and derecognition
                 pengakuan
                                                                                Group has determined that its recognition
                 Grup telah menetapkan bahwa titik                              and derecognition points will differ
                 pengakuan         dan        penghentian                       between SFAS 104 and SFAS 117.
                 pengakuannya akan berbeda antara                               Under SFAS 117, the Group recognizes a
                 PSAK 104 dan PSAK 117. Berdasarkan                             group of insurance contracts from the
                 PSAK 117, Grup mengakui sekelompok                             earliest date in between the beginning of
                 kontrak asuransi sejak tanggal awal                            the coverage period, the date when the
                 periode pertanggungan, tanggal jatuh                           first payment from a policyholder in the
                 tempo     pembayaran      pertama   dari                       group becomes due, and when the group
                 pemegang     polis    dalam    kelompok                        becomes onerous.
                 tersebut, dan saat kelompok tersebut
                 menjadi memberatkan.




                                                     Halaman - 30 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1241
Page 641
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       b.   Perubahan Pernyataan Standar Akuntansi                      b.   Changes to Statements of Financial
            Keuangan    dan   Interpretasi Standar                           Accounting Standards and Interpretations
            Akuntansi Keuangan (lanjutan)                                    of Statements of Financial Accounting
                                                                             Standards (continued)

            PSAK 117: Kontrak Asuransi (lanjutan)                            SFAS 117 “Insurance Contract” (continued)

            Grup telah mengkaji dampak dari standar dan                      Group has assessed the impact of these new
            interpretasi tersebut sebagaimana dijabarkan                     standards and interpretations as set out below:
            di bawah ini: (lanjutan)                                         (continued)

            v.     Pengakuan       dan           penghentian                 v.   Recognition        and      derecognition
                   pengakuan (lanjutan)                                           (continued)

                   Jika     terdapat    skenario      yang                        If there are any scenarios which indicate
                   mengindikasikan    modifikasi   kontrak                        modification of the insurance contract, the
                   asuransi, Grup akan menilai lebih lanjut                       Group will further assess whether it could
                   apakah hal tersebut dapat menyebabkan                          lead to derecognition.
                   penghentian pengakuan.

            vi.    Penyesuaian risiko                                        vi. Risk adjustment

                   Penyesuaian        risiko       dilakukan                      The risk adjustment is made on the
                   berdasarkan tingkat diversifikasi atas                         degree of diversification benefits and
                   manfaat dan hasil ekspektasi yang                              expected favorable and unfavorable
                   menguntungkan            dan         tidak                     outcomes in a way that reflects the
                   menguntungkan dengan cara yang                                 Group’s degree of risk aversion. The risk
                   mencerminkan tingkat penghindaran                              adjustment was calculated at the issuing
                   risiko Grup. Penyesuaian risiko dihitung                       entity level and then allocated down to
                   pada tingkat entitas penerbit dan                              each group of contracts in accordance
                   kemudian     dialokasikan    ke     setiap                     with their risk profiles.
                   kelompok kontrak sesuai dengan profil
                   risikonya.

            vii.   Tingkat diskonto                                          vii. Discount rate

                   Berdasarkan PSAK 117, perubahan                                Under SFAS 117, the key change is that
                   utamanya adalah kini tingkat diskonto                          the discount rate is now explicitly required
                   secara     eksplisit    diwajibkan    untuk                    to consider the timing, currency, and
                   mempertimbangkan waktu, mata uang,                             liquidity characteristics of the cash flows
                   dan karakteristik likuiditas arus kas                          in insurance contracts, which may be
                   dalam kontrak asuransi, yang mungkin                           different from the assets supporting those
                   berbeda dari aset pendukung liabilitas                         liabilities. Group will use the bottom-up
                   tersebut. Grup akan menggunakan                                approach to derive the discount rate for
                   pendekatan           bottom-up        untuk                    the cash flows. Under this approach, the
                   memperoleh tingkat diskonto arus kas.                          discount rate is determined as the risk-
                   Dalam pendekatan ini, tingkat diskonto                         free yield, adjusted for differences in
                   ditentukan sebagai hasil bebas risiko,                         liquidity characteristics between the
                   disesuaikan        dengan        perbedaan                     financial assets used to derive the risk-
                   karakteristik likuiditas antara aset                           free yield and the relevant liability cash
                   keuangan      yang      digunakan     untuk                    flows (known as an ‘illiquidity premium’).
                   memperoleh hasil bebas risiko dan arus
                   kas liabilitas yang relevan (dikenal
                   sebagai 'premi likuiditas').




                                                       Halaman - 31 - Page
1242   Transforming the Future, Empowering Indonesia
Page 642
                                     PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                        DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI           2.   MATERIAL       ACCOUNTING                        POLICY
     MATERIAL (lanjutan)                                              INFORMATION (continued)

     b.   Perubahan Pernyataan Standar Akuntansi                      b.   Changes to Statements of Financial
          Keuangan    dan   Interpretasi Standar                           Accounting Standards and Interpretations
          Akuntansi Keuangan (lanjutan)                                    of Statements of Financial Accounting
                                                                           Standards (continued)

          PSAK 117: Kontrak Asuransi (lanjutan)                            SFAS 117 “Insurance Contract” (continued)

          Grup telah mengkaji dampak dari standar dan                      Group has assessed the impact of these new
          interpretasi tersebut sebagaimana dijabarkan                     standards and interpretations as set out below:
          di bawah ini: (lanjutan)                                         (continued)

          viii. Alokasi beban                                              viii. Expense allocation

                 Grup melakukan studi biaya secara                               Group performs regular expense studies
                 berkala       dan         menggunakan                           and uses judgement to determine the
                 pertimbangan untuk menentukan sejauh                            extent to which fixed and variable
                 mana biaya overhead tetap dan variabel                          overheads are directly attributable to
                 dapat diatribusikan secara langsung                             fulfilling insurance contracts. Certain non-
                 untuk memenuhi kontrak asuransi.                                directly attributable expenses were
                 Beberapa biaya yang tidak dapat                                 previously included within the estimate of
                 diatribusikan     secara       langsung                         future cash flows under SFAS 104, while
                 sebelumnya dimasukkan dalam estimasi                            currently these expenses will be excluded
                 arus kas masa depan berdasarkan                                 from the estimate of future cash flows
                 PSAK 104, sementara kini biaya                                  under SFAS 117, and instead expensed
                 tersebut akan dikecualikan dari estimasi                        as incurred.
                 arus kas masa depan berdasarkan
                 PSAK 117, dan sebagai gantinya
                 dibebankan saat terjadi.

          ix.    Penyajian dan pengungkapan                                ix. Presentation and disclosure

                 Berdasarkan PSAK 117, aset dan                                  Under SFAS 117, assets and liabilities
                 liabilitas yang terkait dengan kontrak                          associated with insurance contracts
                 asuransi yang diterbitkan akan disajikan                        issued will be presented as insurance
                 sebagai aset kontrak asuransi dan                               contract assets and insurance contract
                 liabilitas kontrak asuransi. Sementara                          liabilities.  Meanwhile,   assets      and
                 itu, aset dan liabilitas yang terkait                           liabilities associated with reinsurance
                 dengan kontrak reasuransi yang dimiliki                         contracts held will be presented as
                 akan disajikan sebagai aset kontrak                             reinsurance     contract   assets      and
                 reasuransi      dan     liabilitas  kontrak                     reinsurance contract liabilities. These
                 reasuransi. Saldo kontrak asuransi dan                          insurance and reinsurance contract
                 reasuransi ini akan terdiri dari liabilitas                     balances will comprise of the liability for
                 atas sisa masa pertanggungan (LRC)                              remaining coverage (LRC) and liability for
                 dan liabilitas atas kejadian klaim (LIC).                       incurred claim (LIC).

     c.   Aset dan liabilitas keuangan                                c.   Financial assets and liabilities

          (i)   Klasifikasi                                                (i)   Classification

                Grup       mengklasifikasikan         aset                       The Group classifies its financial assets
                keuangannya      berdasarkan      kategori                       according to the following categories at
                sebagai berikut pada saat pengakuan                              initial recognition:
                awal:
                • Aset keuangan yang diukur pada nilai                           •   Financial assets measured at fair
                   wajar melalui laba rugi;                                          value through profit or loss;
                • Aset keuangan yang diukur pada nilai                           •   Financial assets measured at fair
                   wajar       melalui      penghasilan                              value through other comprehensive
                   komprehensif lain;                                                income;
                • Aset keuangan yang diukur pada                                 •   Financial   assets      measured at
                   biaya perolehan diamortisasi.                                    amortised cost.




                                                     Halaman - 32 - Page                               2024 Annual Report
                                                                                     PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                              1243
Page 643
                                           PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       c.   Aset dan liabilitas keuangan (lanjutan)                     c.   Financial assets and liabilities (continued)

            (i)   Klasifikasi (lanjutan)                                     (i)   Classification (continued)

                  Aset keuangan diukur pada biaya                                  Financial assets are measured at
                  perolehan diamortisasi jika memenuhi                             amortised 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 obtain
                     mendapatkan arus kas kontraktual;                                 contractual cash flow; and
                     dan
                  • persyaratan kontraktual dari aset                              •   the contractual terms of the financial
                     keuangan tersebut memberikan hak                                  assets provide rights on a certain date
                     pada tanggal tertentu atas arus kas                               for cash flow obtained solely from
                     yang      diperoleh    semata    dari                             payment of principal and interest
                     pembayaran pokok dan bunga (SPPI)                                 (SPPI) on the principal amount owed.
                     dari jumlah pokok terutang.

                  Aset keuangan diukur pada nilai wajar                            Financial assets are measured at fair
                  melalui penghasilan komprehensif lain                            value through other comprehensive
                  jika memenuhi kondisi sebagai berikut:                           income if 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 obtain
                      mendapatkan arus kas kontraktual                                 contractual cash flow and sell
                      dan menjual aset keuangan; dan                                  financial assets; and
                  •   Persyaratan kontraktual dari aset                            • The contractual requirements of the
                      keuangan tersebut memenuhi kriteria                              financial assets meet the SPPI
                      SPPI.                                                           criteria.

                  Pada saat pengakuan awal, Grup dapat                             At initial recognition, the Group 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 amortised 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 Grup dapat                                   At initial recognition, the Group 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 amortised 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").
                  (terkadang disebut sebagai “accounting
                  mismatch”).




                                                       Halaman - 33 - Page
1244   Transforming the Future, Empowering Indonesia
Page 644
                                         PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                            DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN                 AKUNTANSI        2.   MATERIAL       ACCOUNTING                        POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     c.   Aset dan liabilitas keuangan (lanjutan)                    c.   Financial assets and liabilities (continued)

          (i)   Klasifikasi (lanjutan)                                    (i)   Classification (continued)

                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 groups of 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                                   model and financial assets held in the
                   dalam model bisnis dievaluasi dan                                 business model are evaluated and
                   dilaporkan         kepada       personil                          reported to the Group's key
                   manajemen kunci Grup;                                             management personnel;
                 • Apakah risiko yang memengaruhi                                • What risks affect the performance of
                   kinerja dari model bisnis (termasuk                               the     business    model   (including
                   aset keuangan yang dimiliki dalam                                 financial assets held in the business
                   model      bisnis)    dan     khususnya                           model) and specifically how the
                   bagaimana cara aset keuangan                                      financial assets are managed; and
                   tersebut dikelola; dan
                 • Bagaimana           penilaian    kinerja                     •   How to evaluate the performance of
                   pengelola aset keuangan (sebagai                                 managers of financial assets (for
                   contoh, apakah penilaian kinerja                                 example,     whether     performance
                   berdasarkan nilai wajar dari aset yang                           appraisals are based on the fair value
                   dikelola atau arus kas kontraktual                               of the assets being managed or the
                   yang diperoleh).                                                contractual cash flows obtained).

                Aset keuangan yang dimiliki untuk                               Financial assets held for trading or
                diperdagangkan    atau     dikelola    dan                      managed and which performance
                penilaian kinerjanya berdasarkan nilai                          appraisals based on fair value are
                wajar diukur pada nilai wajar melalui laba                      measured at fair value through profit or
                rugi.                                                           loss.

                Derivatif   juga   dikategorikan   dalam                        Derivatives are also categorised under
                kelompok ini, kecuali derivatif yang                            this classification, unless they are
                ditetapkan sebagai instrumen lindung nilai                      designated     as    effective hedging
                efektif.                                                        instruments.

                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 evaluation,
                didefinisikan sebagai nilai wajar dari aset                     principal is defined as the fair value of
                keuangan pada saat pengakuan awal.                              financial assets at initial recognition.
                Bunga didefinisikan sebagai imbalan                             Interest is defined as compensation for
                untuk nilai waktu atas uang dan risiko                          the time value of money and credit risk in
                kredit terkait jumlah pokok terutang pada                       relation to the principal amount owed
                periode waktu tertentu dan juga risiko dan                      over a certain period of time and also the
                biaya peminjaman standar, dan juga                              risk and standard borrowing costs, as
                margin laba.                                                    well as profit margins.




                                                    Halaman - 34 - Page                               2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1245
Page 645
                                           PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)              (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                  AKUNTANSI           2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                                 INFORMATION (continued)

       c.   Aset dan liabilitas keuangan (lanjutan)                        c.   Financial assets and liabilities (continued)

            (i)   Klasifikasi (lanjutan)                                        (i)   Classification (continued)

                  Penilaian    mengenai      arus   kas                               Evaluation of contractual cash flows
                  kontraktual yang diperoleh semata dari                              obtained solely from payment of
                  pembayaran pokok dan bunga (lanjutan)                               principal and interest (continued)

                  Penilaian mengenai arus kas kontraktual                             An assessment of contractual cash flows
                  yang diperoleh semata dari pembayaran                               obtained solely from principal and
                  pokok dan bunga dilakukan dengan                                    interest 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.                                   Group considers:
                  Dalam     melakukan       penilaian,  Grup
                  mempertimbangkan:
                   • Peristiwa kontinjensi yang akan                                  •   Contingency events that will change
                      mengubah waktu atau jumlah arus                                     the timing or amount of contractual
                      kas kontraktual;                                                    cash flow;
                   • Fitur leverage;                                                  •   Leverage feature;
                   • Persyaratan pembayaran di muka dan                               •   Terms of advance payment and
                      perpanjangan kontraktual;                                           contractual extension;
                   • Persyaratan mengenai klaim yang                                  •   Requirements      regarding   limited
                      terbatas atas arus kas yang berasal                                 claims for cash flows from specific
                      dari aset spesifik; dan                                            assets; and
                   • Fitur yang dapat mengubah nilai                                  •   Features that can change the time
                      waktu dari elemen uang.                                            value of money element.

                  Liabilitas keuangan diklasifikasikan ke                             Financial liabilities are classified into the
                  dalam kategori sebagai berikut pada saat                            following categories at initial recognition:
                  pengakuan awal:
                   • Liabilitas keuangan yang diukur pada                             • Financial liabilities at fair value
                      nilai wajar melalui laporan laba rugi,                            through profit or loss, which has 2
                      yang memiliki 2 (dua) sub-klasifikasi,                            (two) sub-classifications, i.e. those
                      yaitu     liabilitas    keuangan      yang                        designated as such upon initial
                      ditetapkan demikian pada saat                                     recognition and those classified as
                      pengakuan          awal    dan   liabilitas                       held for trading;
                      keuangan yang telah diklasifikasikan
                      dalam kelompok diperdagangkan;
                   • Liabilitas keuangan lain.                                       • Other financial liabilities.
                      Liabilitas         keuangan        lainnya                        Other financial liabilities pertain to
                      merupakan liabilitas keuangan yang                                financial liabilities that are not held for
                      tidak dimiliki untuk dijual atau                                  trading nor designated as at fair value
                      ditentukan sebagai nilai wajar melalui                            through profit or loss upon recognition
                      laba rugi saat pengakuan liabilitas.                             of the liability.




                                                          Halaman - 35 - Page
1246   Transforming the Future, Empowering Indonesia
Page 646
                                         PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                            DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                        NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                             FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                             31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN                   AKUNTANSI                  2.   MATERIAL       ACCOUNTING                           POLICY
     MATERIAL (lanjutan)                                                         INFORMATION (continued)

     c.   Aset dan liabilitas keuangan (lanjutan)                                c.    Financial assets and liabilities (continued)

          (i)   Klasifikasi (lanjutan)                                                 (i)   Classification (continued)

                                                                            Golongan
                  Kategori yang didefinisikan                        (ditentukan oleh Grup)/
                        oleh PSAK 109/                                       Class                                Subgolongan/
                Category as defined by SFAS 109                   (as determined by the Group)                     Subclasses
                                                                 Efek-efek/Marketable securities
                            Aset keuangan yang diukur            Obligasi Pemerintah/Government Bonds
                             pada nilai wajar melalui laba
                             rugi/Financial assets at fair       Tagihan derivatif - tidak terkait lindung nilai/Derivative receivables -
                             value through profit or loss        non hedging related
                                                                 Penyertaan saham/Equity Investment
                                                                 Kas/Cash                               Kas pada vendor/Cash in vendor
                                                                 Giro pada Bank Indonesia/Current accounts with Bank Indonesia
                                                                 Giro pada bank lain/Current accounts with other banks
                                                                 Penempatan pada bank lain dan Bank Indonesia/Placements with
                                                                 other banks and Bank Indonesia
                                                                 Efek-efek yang dibeli dengan janji dijual kembali/Securities purchased
                                                                 under agreements to resell
                                                                 Wesel ekspor dan tagihan lainnya/Bills and other receivables
                                                                 Tagihan akseptasi/Acceptance receivables
                            Aset keuangan yang diukur
                             pada biaya perolehan yang           Pinjaman yang diberikan/Loans
      Aset keuangan/
      Financial assets       diamortisasi/Financial assets                                              Piutang lain-lain/Other
                             at amortised cost                                                           receivables
                                                                                                        Piutang bunga/Interest
                                                                                                         receivables
                                                                                                        Lain-lain/Others
                                                                 Aset lain-lain/Other assets
                                                                                                        Piutang terkait transaksi ATM/
                                                                                                         Receivables related to ATM
                                                                                                         transactions
                                                                                                        Piutang premi asuransi/
                                                                                                         Insurance premium receivables
                                                                 Efek-efek/Marketable securities
                                                                 Obligasi Pemerintah/Government Bonds
                            Aset keuangan yang diukur            Efek-efek/Marketable securities
                             pada nilai wajar melalui
                                                                 Obligasi Pemerintah/Government Bonds
                             penghasilan komprehensif
                             lain/Financial assets at fair
                             value through other                 Penyertaan saham/Equity investments
                             comprehensive income




                                                             Halaman - 36 - Page                                   2024 Annual Report
                                                                                                 PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                            1247
Page 647
                                           PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                        NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                             FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                             31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                     (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                     AKUNTANSI                2.   MATERIAL       ACCOUNTING                            POLICY
       MATERIAL (lanjutan)                                                         INFORMATION (continued)

       c.   Aset dan liabilitas keuangan (lanjutan)                                c.    Financial assets and liabilities (continued)

            (i)   Klasifikasi (lanjutan)                                                 (i)   Classification (continued)
                                                                              Golongan
                    Kategori yang didefinisikan                        (ditentukan oleh Grup)/
                          oleh PSAK 109/                                        Class                                Subgolongan/
                  Category as defined by SFAS 109                   (as determined by the Group)                      Subclasses
                             Liabilitas keuangan yang
                               diukur pada nilai wajar
                                                                   Liabilitas derivatif - tidak terkait lindung nilai/Derivative payables - non
                               melalui laba rugi/Financial
                                                                    hedging related
                               liabilities at fair value through
                               profit or loss
                                                                   Liabilitas segera/Obligation due immediately
                                                                   Simpanan nasabah/Deposits from customers
                                                                   Simpanan dari bank lain/Deposits from other banks
                                                                   Efek-efek yang dijual dengan janji dibeli kembali/Securities sold under
                                                                    agreements to repurchase
                                                                   Liabilitas akseptasi/Acceptance payables
        Liabilitas
         keuangan/                                                 Beban yang masih harus dibayar/Accrued expenses
         Financial             Liabilitas keuangan yang                                                    Setoran jaminan/Security
         liabilities            diukur dengan biaya                                                         deposit
                                perolehan diamortisasi/                                                    Utang bunga/Interest payable
                                Financial liabilities at                                                   Utang nasabah/Payable to
                                amortised cost                                                              customers
                                                                   Liabilitas lain-lain/Other liabilities  Utang ke pemegang polis/
                                                                                                            Obligation to policyholders
                                                                                                           Utang reasuransi dan komisi/
                                                                                                            Reinsurance payable and
                                                                                                            commission
                                                                                                           Lain-lain/Others
                                                                   Efek-efek yang diterbitkan/Securities issued
                                                                   Efek-efek subordinasi/Subordinated securities
                                                                   Pinjaman yang diterima/Borrowings
        Komitmen               Fasilitas kredit yang belum digunakan/Unused loan facilities (committed)
         pinjaman dan          Letters of credit yang tidak dapat dibatalkan/Irrevocable letters of credit
         kontrak jaminan
         keuangan/       Garansi bank yang diberikan/Bank Guarantees issued
         Loan commitment
         and financial
         guarantee       Standby letters of credit
         contract

            (ii) Pengakuan awal                                                          (ii) Initial recognition
                  a.   Pembelian atau penjualan aset                                           a.   Purchase or sale of financial assets
                       keuangan       yang      memerlukan                                          that requires delivery of assets within
                       penyerahan aset dalam kurun waktu                                            a time frame established by
                       yang telah ditetapkan oleh peraturan                                         regulation or convention in the market
                       dan kebiasaan yang berlaku di pasar                                          (regular purchases) is recognised on
                       (pembelian secara reguler) diakui                                            the trade date, i.e., the date that the
                       pada tanggal perdagangan, yaitu                                              Group commits to purchase or sell
                       tanggal Grup berkomitmen untuk                                               the assets.
                       membeli atau menjual aset.
                  b.   Aset       keuangan   dan   liabilitas                                  b.   Financial      assets       and    financial
                       keuangan pada awalnya diukur pada                                            liabilities are initially recognised at fair
                       nilai wajarnya. Dalam hal aset                                               value. For those financial assets or
                       keuangan atau liabilitas keuangan                                            financial liabilities not classified as fair
                       tidak diklasifikasikan sebagai nilai                                         value through profit or loss, the fair
                       wajar melalui laba rugi, nilai wajar                                         value is added/deducted with directly
                       tersebut ditambah/dikurangi biaya                                            attributable transaction costs to the
                       transaksi yang dapat diatribusikan                                           issuance of financial assets or
                       secara langsung dengan perolehan                                             liabilities.
                       atau penerbitan aset keuangan atau
                       liabilitas keuangan.



                                                             Halaman - 37 - Page
1248   Transforming the Future, Empowering Indonesia
Page 648
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     c.   Aset dan liabilitas keuangan (lanjutan)                    c.   Financial assets and liabilities (continued)
          (ii) Pengakuan awal (lanjutan)                                  (ii) Initial recognition (continued)
              Grup, pada pengakuan awal, dapat                                The Group, upon initial recognition, may
              menetapkan aset keuangan dan liabilitas                         designate certain financial assets and
              keuangan tertentu sebagai nilai wajar                           financial liabilities, at fair value through
              melalui laba rugi (opsi nilai wajar). Opsi                      profit or loss (fair value option). The fair
              nilai wajar dapat digunakan hanya bila                          value option is only applied when the
              memenuhi ketetapan sebagai opsi nilai                           application of the fair value option reduces
              wajar     tersebut   mengurangi       atau                      or eliminates the measurement or
              mengeliminasi          ketidakkonsistenan                       recognition inconsistencies (accounting
              pengukuran dan pengakuan (accounting                            mismatch) that would otherwise arise.
              mismatch) yang dapat timbul.

          (iii) Pengukuran setelah pengakuan awal                         (iii) Subsequent measurement

              Aset keuangan dalam kelompok aset                               Financial assets at fair value through other
              keuangan yang diukur pada nilai wajar                           comprehensive income and financial
              melalui penghasilan komprehensif lain                           assets and financial liabilities at fair value
              dan aset keuangan dan liabilitas                                through profit or loss are measured at fair
              keuangan yang diukur pada nilai wajar                           value. Financial assets classified as
              melalui laba rugi diukur pada nilai                             amortised cost and other financial
              wajarnya. Aset keuangan kelompok biaya                          liabilities measured at amortised cost
              perolehan diamortisasi dan liabilitas                           using the effective interest rate method.
              keuangan lainnya diukur pada biaya
              perolehan       diamortisasi   dengan
              menggunakan metode suku bunga efektif.
          (iv) Penghentian pengakuan                                      (iv) Derecognition
              a.   Aset     keuangan            dihentikan                    a.   Financial assets are derecognised
                   pengakuannya jika:                                              when:
                   -    Hak kontraktual atas arus kas                              -   The contractual rights to receive
                        yang berasal dari aset keuangan                                cash flows from the financial
                        tersebut berakhir; atau                                        assets have expired; or
                   -    Grup telah mentransfer haknya                              -   The Group has transferred its
                        untuk menerima arus kas yang                                   rights to receive cash flows from
                        berasal dari aset tersebut atau                                the asset or has assumed an
                        menanggung liabilitas untuk                                    obligation to pay the received
                        membayarkan arus kas yang                                      cash flow in full without material
                        diterima tersebut secara penuh                                 delay to a third party under a
                        tanpa penundaan berarti kepada                                 ‘pass-through’ arrangement; and
                        pihak        ketiga      dibawah                               either (a) the Group has
                        kesepakatan pelepasan, dan                                     transferred substantially all the
                        antara      (a)     Grup     telah                             risks and rewards of the asset, or
                        mentransfer secara substansial                                 (b) the Group has neither
                        seluruh risiko dan manfaat atas                                transferred      nor        retained
                        aset, atau (b) Grup tidak                                      substantially all the risks and
                        mentransfer      maupun      tidak                             rewards of the asset, but has
                        memiliki     secara    substansial                             transferred control of the asset.
                        seluruh risiko dan manfaat atas
                        aset, tetapi telah mentransfer
                        kendali atas aset.
                   Ketika Grup telah mentransfer hak                               When the Group has transferred its
                   untuk menerima arus kas dari aset                               rights to receive cash flows from an
                   atau telah memasuki kesepakatan                                 asset or has entered into a pass-
                   pelepasan dan tidak mentransfer                                 through arrangement and has neither
                   serta tidak mempertahankan secara                               transferred nor retained substantially
                   substansial   seluruh     risiko  dan                           all the risks and rewards of the asset
                   manfaat atas aset atau tidak                                    nor transferred control of the asset,
                   mentransfer kendali atas aset, aset                             the asset is recognised to the extent
                   diakui sebesar keterlibatan Grup yang                           of the Group’s continuing involvement
                   berkelanjutan atas aset tersebut.                               in the asset.



                                                    Halaman - 38 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1249
Page 649
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       c.   Aset dan liabilitas keuangan (lanjutan)                     c.   Financial assets and liabilities (continued)

            (iv) Penghentian pengakuan (lanjutan)                            (iv) Derecognition (continued)

                a.    Aset     keuangan          dihentikan                       a.   Financial assets are derecognised
                      pengakuannya jika: (lanjutan)                                    when: (continued)

                      Pinjaman         yang         diberikan                          Loans are written off when there is no
                      dihapusbukukan ketika tidak terdapat                             realistic prospect of collection in the
                      prospek yang realistis mengenai                                  near future or the normal relationship
                      pengembalian       pinjaman        atau                          between the Group and the
                      hubungan normal antara Grup dan                                  borrowers have ceased to exist.
                      debitur telah berakhir. Pinjaman yang                            When a loan is deemed uncollectible,
                      tidak    dapat    dilunasi     tersebut                          it is written off against the related
                      dihapusbukukan dengan mendebit                                   allowance for impairment losses.
                      cadangan kerugian penurunan nilai.

                b.    Liabilitas   keuangan      dihentikan                       b.   Financial liabilities are derecognised
                      pengakuannya jika liabilitas yang                                when the obligation under the liability
                      ditetapkan dalam kontrak dilepaskan                              is discharged or cancelled or has
                      atau dibatalkan atau kadaluarsa.                                 expired.

                      Jika suatu liabilitas keuangan yang                              Where an existing financial liability is
                      ada digantikan dengan liabilitas yang                            replaced by another liability from the
                      lain oleh pemberi pinjaman yang                                  same lender on substantially different
                      sama pada keadaan yang secara                                    terms, or the terms of an existing
                      substansial        berbeda,      atau                            liability are substantially modified,
                      berdasarkan suatu liabilitas yang ada                            such an exchange or modification is
                      yang secara substansial telah diubah,                            treated as derecognition of the
                      maka pertukaran atau modifikasi                                  original liability and the recognition of
                      tersebut    diperlakukan      sebagai                            a new liability, and the difference in
                      penghentian pengakuan liabilitas                                 the respective carrying amounts is
                      awal dan pengakuan liabilitas baru,                              recognised in the profit or loss.
                      dan perbedaan nilai tercatat masing-
                      masing diakui dalam laporan laba
                      rugi.

            (v) Pengakuan pendapatan dan beban                               (v) Income and expense recognition

                a.    Pendapatan dan beban bunga atas                             a.   Interest income and expense on
                      aset keuangan yang diukur pada nilai                             financial assets measured at fair
                      wajar      melalui        penghasilan                            value through other comprehensive
                      komprehensif    lain    serta    aset                            income as well as financial assets
                      keuangan dan liabilitas keuangan                                 and financial liabilities recorded at
                      yang dicatat berdasarkan biaya                                   amortised cost are recognised in the
                      perolehan diamortisasi, diakui pada                              statement of profit or loss using the
                      laporan    laba      rugi     dengan                             effective interest rate method.
                      menggunakan metode suku bunga
                      efektif.

                      Jumlah tercatat bruto aset keuangan                              The gross carrying amount of a
                      adalah biaya perolehan diamortisasi                              financial asset is the amortised cost
                      aset keuangan sebelum disesuaikan                                of a financial asset before adjusting
                      dengan cadangan penurunan nilai.                                 for allowance for impairment.

                      Dalam menghitung pendapatan dan                                  In calculating interest income and
                      beban bunga, tingkat bunga efektif                               expenses, the effective interest rate is
                      diterapkan pada jumlah tercatat bruto                            applied to the gross carrying amount
                      aset (ketika aset tersebut bukan aset                            of an asset (when the asset is not an
                      keuangan memburuk) atau terhadap                                 impaired financial asset) or to the
                      biaya perolehan diamortisasi dari                                amortised cost of a liability.
                      liabilitas.



                                                       Halaman - 39 - Page
1250   Transforming the Future, Empowering Indonesia
Page 650
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     c.   Aset dan liabilitas keuangan (lanjutan)                    c.   Financial assets and liabilities (continued)

          (v) Pengakuan      pendapatan      dan    beban                 (v) Income      and      expense        recognition
              (lanjutan)                                                      (continued)

              b.   Keuntungan dan kerugian yang timbul                        b.   Gains and losses arising from
                   dari perubahan nilai wajar atas aset                            changes in the fair value of financial
                   keuangan yang diklasifikasikan dalam                            assets that classified as fair value
                   kelompok     nilai    wajar    melalui                          through statement of profit or loss
                   penghasilan komprehensif lain diakui                            and other comprehensive income are
                   secara langsung dalam laporan laba                              recognised      directly   in    other
                   rugi dan penghasilan komprehensif                               comprehensive income (as part of
                   lain (merupakan bagian dari ekuitas),                           equity), until the financial asset is
                   sampai aset keuangan tersebut                                   derecognised or impaired, except
                   dihentikan    pengakuannya        atau                          gain or loss arising from changes in
                   adanya penurunan nilai, kecuali                                 exchange rate for debt instruments.
                   keuntungan atau kerugian akibat
                   perubahan nilai tukar untuk instrumen
                   utang.

                   Pada saat aset keuangan dihentikan                              When        a    financial asset   is
                   pengakuannya       atau   dilakukan                             derecognised or impaired, the
                   penurunan nilai, keuntungan atau                                cumulative gains or losses previously
                   kerugian kumulatif yang sebelumnya                              recognised in equity are recognised
                   diakui dalam ekuitas harus diakui                               in profit or loss.
                   pada laporan laba rugi.

          (vi) Reklasifikasi aset keuangan                                (vi) Reclassification of financial assets

              Grup mereklasifikasi aset keuangan jika                         The Group 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                            amortised 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
              diakui sebagai keuntungan atau kerugian                         recognised in profit or loss on the
              pada     laba    rugi   dan penghasilan                         statement of profit or loss and other
              komprehensif lain.                                              comprehensive income.

              Reklasifikasi aset keuangan dari klasifikasi                    Reclassifications of financial assets from
              biaya perolehan yang diamortisasi ke                            amortised 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                    Reclassification of financial assets from
              nilai    wajar      melalui   penghasilan                       fair value through other comprehensive
              komprehensif lain ke klasifikasi nilai wajar                    income to fair value through profit or loss
              melalui laba rugi dicatat pada nilai                            is recorded at fair value. Unrealised gains
              wajarnya. Keuntungan atau kerugian yang                         or losses are reclassified to profit or loss.
              belum direalisasi direklasifikasi ke laba
              rugi.




                                                    Halaman - 40 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1251
Page 651
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                       POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       c.   Aset dan liabilitas keuangan (lanjutan)                     c.   Financial assets and liabilities (continued)

            (vi) Reklasifikasi aset keuangan (lanjutan)                      (vi) Reclassification    of    financial    assets
                                                                                  (continued)

                Reklasifikasi aset keuangan dari klasifikasi                      Reclassification of financial assets from
                nilai    wajar      melalui   penghasilan                         fair value through other comprehensive
                komprehensif lain ke klasifikasi biaya                            income to the amortised cost is recorded
                perolehan yang diamortisasi dicatat pada                          at fair value at the date of reclassification.
                nilai wajarnya pada tanggal reklasifikasi.                        Unrealised gains or losses is removed
                Keuntungan atau kerugian yang belum                               from equity and is adjusted against the fair
                direalisasi dihapus dari ekuitas dan                              value.
                disesuaikan terhadap nilai wajar.

                Reklasifikasi aset keuangan dari klasifikasi                      Reclassifications on financial assets from
                nilai wajar melalui laba rugi ke klasifikasi                      fair value through profit or loss to fair
                nilai    wajar      melalui    penghasilan                        value through other comprehensive
                komprehensif lain dicatat pada nilai wajar.                       income are recorded at fair value.

                Reklasifikasi aset keuangan dari klasifikasi                      Reclassification of financial assets from
                nilai wajar melalui laba rugi ke klasifikasi                      fair value through profit or loss to
                biaya perolehan yang diamortisasi dicatat                         amortised cost classification is recorded at
                pada nilai wajar.                                                 fair value.

            (vii) Saling hapus                                               (vii) Offsetting

                Aset keuangan dan liabilitas keuangan                             Financial assets and liabilities are set off
                saling hapus buku dan nilai netonya                               and the net amount is presented in the
                disajikan dalam laporan posisi keuangan                           consolidated statement of financial
                konsolidasian jika, dan hanya jika Grup                           position when, and only when, the Group
                memiliki hak yang berkekuatan hukum                               has a legal right to set off the amounts
                untuk melakukan saling hapus atas jumlah                          and intends either to settle on a net basis
                yang telah diakui tersebut dan adanya                             or to realise the asset and settle the
                maksud untuk menyelesaikan secara neto                            liability simultaneously.
                atau untuk merealisasikan aset dan
                menyelesaikan      liabilitasnya  secara
                bersamaan.

                Hak yang berkekuatan hukum harus tidak                            The legally enforceable right must not be
                kontinjen atas peristiwa di masa depan                            contingent on future events and must be
                dan harus dapat dipaksakan di dalam                               enforceable in the normal course of
                situasi bisnis yang normal, peristiwa                             business and in the event of default,
                kegagalan atau kebangkrutan dari Grup                             insolvency or bankruptcy of the Group or
                atau pihak lawan.                                                 the counterparty.

                Pendapatan dan beban disajikan dalam                              Income and expenses are presented on a
                jumlah neto hanya jika diperkenankan                              net basis only when permitted by the
                oleh standar akuntansi.                                           accounting standards.




                                                       Halaman - 41 - Page
1252   Transforming the Future, Empowering Indonesia
Page 652
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     c.   Aset dan liabilitas keuangan (lanjutan)                    c.   Financial assets and liabilities (continued)

          (viii) Pengukuran biaya diamortisasi                            (viii) Amortised cost measurement

              Biaya perolehan diamortisasi dari aset                          The amortised cost of a financial asset or
              keuangan atau liabilitas keuangan adalah                        liability is the amount at which the
              jumlah aset keuangan atau liabilitas                            financial asset or liability is measured at
              keuangan yang diukur pada saat                                  initial   recognition,     minus   principal
              pengakuan awal dikurangi pembayaran                             repayments, plus or minus the cumulative
              pokok pinjaman, ditambah atau dikurangi                         amortization using the effective interest
              amortisasi     kumulatif    menggunakan                         rate method of any difference between the
              metode suku bunga efektif yang dihitung                         initial amount recognised and the maturity
              dari selisih antara nilai pengakuan awal                        amount, minus any reduction for
              dan nilai jatuh temponya, dan dikurangi                         impairment.
              penurunan nilai.

          (ix) Pengukuran nilai wajar                                     (ix) 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
              harga    yang      akan    dibayar   untuk                      transfer a liability in an orderly transaction
              mengalihkan suatu liabilitas dalam suatu                        between       market        participants     at
              transaksi teratur antara pelaku pasar pada                      measurement date.
              tanggal pengukuran.

              Jika tersedia, Grup mengukur nilai wajar                        When available, the Group measures the
              dari      suatu     instrumen      dengan                       fair value of an instrument using quoted
              menggunakan harga kuotasi di pasar aktif                        prices in an active market for that
              untuk instrumen terkait. Suatu pasar                            instrument. A market is regarded as active
              dianggap      aktif  bila   harga      yang                     if quoted prices are readily and regularly
              dikuotasikan tersedia sewaktu-waktu dari                        available from an exchange, dealer,
              bursa, pedagang efek (dealer), perantara                        broker, industry group, pricing service or
              efek (broker), kelompok industri, badan                         regulatory agency and those prices
              pengawas (pricing service or regulatory                         represent actual and regularly occurring
              agency), dan merupakan transaksi pasar                          market transaction on an arm’s length
              aktual dan teratur terjadi yang dilakukan                       basis. The fair value can be obtained from
              secara wajar. Nilai wajar dapat diperoleh                       IDMA’s (Interdealer Market Association)
              dari Interdealer Market Association (IDMA)                      or quoted market prices or broker’s
              atau harga pasar atau harga yang                                quoted price from Bloomberg or Reuters
              diberikan oleh broker (quoted price) dari                       on the measurement date.
              Bloomberg atau Reuters pada tanggal
              pengukuran.

              Jika pasar untuk instrumen keuangan                             If a market for a financial instrument is not
              tidak aktif, Grup menetapkan nilai wajar                        active, the Group establishes fair value
              dengan menggunakan teknik penilaian.                            using a valuation technique.

              Grup menggunakan beberapa teknik                                The Group uses widely recognised
              penilaian yang digunakan secara umum                            valuation models for determining fair
              untuk menentukan nilai wajar dari                               values of financial instruments of lower
              instrumen keuangan dengan tingkat                               complexity, such as exchange value
              kompleksitas yang rendah, seperti opsi                          options and currency swaps. For these
              nilai tukar dan swap mata uang. Input                           financial instruments, inputs into models
              yang digunakan dalam teknik penilaian                           are generally market-observable data.
              untuk instrumen keuangan di atas adalah
              data pasar yang diobservasi.




                                                    Halaman - 42 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1253
Page 653
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       c.   Aset dan liabilitas keuangan (lanjutan)                     c.   Financial assets and liabilities (continued)

            (ix) Pengukuran nilai wajar (lanjutan)                           (ix) Fair value measurement (continued)

                Untuk instrumen yang lebih kompleks,                             For more complex instruments, the Group
                Grup menggunakan model penilaian                                 uses internally developed models, which
                internal,   yang      pada    umumnya                            are usually based on valuation methods
                berdasarkan teknik dan metode penilaian                          and techniques generally recognised as
                yang umumnya diakui sebagai standar                              standard within the industry. Valuation
                industri.  Model    penilaian  terutama                          models are used primarily to value
                digunakan untuk menilai kontrak derivatif                        derivatives transacted in the over-the-
                yang ditransaksikan melalui pasar over-                          counter market, unlisted debt securities
                the-counter, unlisted debt securities                            (including those debt with embedded
                (termasuk surat utang dengan derivatif                           derivatives) and other debt instruments for
                melekat) dan instrumen utang lainnya                             which markets were or have become
                yang pasarnya tidak aktif.                                       inactive.

                Untuk instrumen keuangan yang tidak                              For financial instruments with no quoted
                mempunyai harga pasar, estimasi atas                             market price, a reasonable estimate of the
                nilai wajar efek-efek ditetapkan dengan                          fair value is determined by reference to
                mengacu pada nilai wajar instrumen lain                          the fair value of another instrument which
                yang substansinya sama atau dihitung                             substantially has the same characteristics
                berdasarkan arus kas yang diharapkan                             or calculated based on the expected cash
                terhadap aset bersih efek-efek tersebut.                         flows of the underlying net asset base of
                                                                                 the marketable securities.

                Hasil dari suatu teknik penilaian                                The output of a valuation technique is an
                merupakan       sebuah     estimasi     atau                     estimation or approximation of a value
                perkiraan dari suatu nilai yang tidak dapat                      that cannot be determined with certainty,
                ditentukan dengan pasti, dan teknik                              and the valuation technique employed
                penilaian yang digunakan mungkin tidak                           may not fully reflect all factors relevant to
                dapat menggambarkan seluruh faktor                               the positions that the Group holds.
                yang relevan atas posisi yang dimiliki                           Valuations are therefore adjusted, with
                Grup.     Dengan    demikian,      penilaian                     additional factors such as model risk,
                disesuaikan dengan faktor tambahan                               liquidity risk and counterparty credit risk.
                seperti model risk, risiko likuiditas dan                        Based on the established fair value
                risiko kredit counterparty. Berdasarkan                          valuation      technique    policy,   related
                kebijakan teknik penilaian nilai wajar,                          controls      and     procedures     applied,
                pengendalian      dan     prosedur     yang                      management believes that these valuation
                diterapkan, manajemen berkeyakinan                               adjustments        are    necessary       and
                bahwa penyesuaian atas penilaian                                 considered appropriate to fairly state the
                tersebut di atas diperlukan dan dianggap                         values of financial instruments measured
                tepat untuk menyajikan secara wajar nilai                        at fair value in the consolidated statement
                dari instrumen keuangan yang diukur                              of financial position. Price data and
                berdasarkan nilai wajar dalam laporan                            parameters used in the measurement
                posisi keuangan konsolidasian. Data                              procedures        applied   are     generally
                harga dan parameter yang digunakan di                            reviewed and adjusted, if necessary,
                dalam     prosedur    pengukuran       pada                      particularly in view of the current market
                umumnya telah ditelaah dan disesuaikan                           developments.
                jika    diperlukan,   khususnya       untuk
                perkembangan atas pasar terkini.

                 Nilai wajar atas pinjaman yang diberikan                        The fair value for loans and receivables
                 dan piutang, serta liabilitas kepada bank                       as well as liabilities to banks and
                 dan nasabah ditentukan menggunakan                              customers are determined using a present
                 nilai berdasarkan arus kas kontraktual,                         value model on the basis of contractually
                 dengan       mempertimbangkan      kualitas                     agreed cash flows, taking into account
                 kredit, likuiditas dan biaya.                                   credit quality, liquidity and costs.




                                                       Halaman - 43 - Page
1254   Transforming the Future, Empowering Indonesia
Page 654
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                          POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     c.   Aset dan liabilitas keuangan (lanjutan)                    c.       Financial assets and liabilities (continued)

          (ix) Pengukuran nilai wajar (lanjutan)                              (ix) Fair value measurement (continued)

              Semua aset dan liabilitas dimana nilai                              All assets and liabilities which fair value is
              wajar diukur atau diungkapkan dalam                                 measured      or      disclosed     in    the
              laporan keuangan konsolidasian dapat                                consolidated financial statements can be
              dikategorikan pada level hirarki nilai wajar,                       classified in fair value hierarchy levels,
              berdasarkan tingkatan sebagai berikut:                              based on following level:

              - Tingkat 1: Harga kuotasian (tidak                                 - Level 1: Quoted price (unadjusted) in
                disesuaikan) dari pasar aktif untuk aset                            active markets for identical assets or
                atau liabilitas yang identik.                                       liabilities.
              - Tingkat 2: Input selain harga yang                                - Level 2: Inputs other than quoted prices
                dikutip dari pasar yang disertakan pada                             included within Level 1 that are
                Tingkat 1 yang dapat diobservasi untuk                              observable for the asset or liability,
                aset dan liabilitas, baik secara langsung                           either directly (as a price) or indirectly
                (yaitu sebagai suatu harga) atau secara                             (as derived from price).
                tidak langsung (sebagai turunan dari
                harga).
              - Tingkat 3: Input untuk aset atau liabilitas                       - Level 3: Input for asset or liability based
                yang tidak didasarkan pada data pasar                               on unobservable inputs for the asset or
                yang dapat diobservasi (informasi yang                              liability.
                tidak dapat diobservasi).

          (x) Cadangan kerugian penurunan nilai atas                          (x) Allowance for impairment          losses     on
              aset keuangan                                                       financial assets
                                                                          •
              •    Grup mengakui penyisihan kerugian                      •       •   The Group recognises the allowance
                   kredit ekspektasian pada instrumen                                 for expected credit losses on financial
                   keuangan yang tidak diukur pada nilai                              instruments that are not measured at
                   wajar melalui laba rugi.                                           fair value through profit or loss.
                                                                          •
              •    Tidak ada penyisihan kerugian kredit                   •       •   There is no allowance for expected
                   ekskpektasian      pada    investasi                               credit losses on investment in equity
                   instrumen ekuitas.                                                 instruments.

              •    Grup mengukur cadangan kerugian                        •       •   The Group measure the allowance for
                   sejumlah       kerugian     kredit                                 losses for the lifetime of an expected
                   ekspektasian sepanjang umurnya,                                    credit losses, except          for the
                   kecuali untuk hal berikut, diukur                                  following, which are measured
                   sejumlah       kerugian     kredit                                 according to 12 months expected
                   ekspektasian 12 bulan:                                             credit losses:
                                                                                      •    debt instruments that have low
                   •    instrumen utang yang memiliki
                                                                                           credit risk at the reporting date;
                        risiko kredit rendah pada tanggal
                                                                                           and
                        pelaporan; dan
                                                                                      •    other financial instruments for
                   •    instrumen keuangan lainnya
                                                                                           which credit risk has not
                        yang risiko kreditnya tidak
                                                                                           increased significantly since
                        meningkat secara signifikan
                                                                                           initial recognition.
                        sejak pengakuan awal.

              Grup menganggap instrumen utang                                     The Group considers debt instruments to
              memiliki risiko kredit yang rendah ketika                           have low credit risk when the credit risk
              peringkat risiko kreditnya setara dengan                            rating is at par with the definition of
              definisi investment grade.                                          investment grade.




                                                    Halaman - 44 - Page                                 2024 Annual Report
                                                                                      PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                               1255
Page 655
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       c.   Aset dan liabilitas keuangan (lanjutan)                     c.   Financial assets and liabilities (continued)

            (x) Cadangan kerugian penurunan nilai atas                       (x) Allowance for impairment         losses    on
                aset keuangan (lanjutan)                                         financial assets (continued)

                Kerugian kredit ekspektasian 12 bulan                            The 12-month expected credit loss is part
                adalah bagian dari kerugian kredit                               of the expected credit loss throughout its
                ekspektasian sepanjang umurnya yang                              lifetime that represents an expected credit
                merepresentasikan    kerugian    kredit                          loss arising from a default on financial
                ekspektasian yang timbul dari peristiwa                          instruments that might occur 12 months
                gagal bayar instrumen keuangan yang                              after reporting date.
                mungkin terjadi dalam 12 bulan setelah
                tanggal pelaporan.

                Pengukuran             Kerugian        Kredit                    Measurement        of    Expected      Credit
                Ekspektasian                                                     Losses

                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                              measured as follows:
                berikut:
                 •   aset keuangan yang tidak memburuk                           •    financial assets that do not deteriorate
                     pada tanggal pelaporan, kerugian                                 at the reporting date, the expected
                     kredit ekspektasian diukur sepanjang                             credit loss is measured at the lifetime
                     umur      aset   yang      timbul  dari                          cash shortfalls arising from possible
                     kemungkinan gagal bayar di masa                                  default events up to 12 months into
                     yang akan datang dalam kurun waktu                               the future from the reporting date.
                     12 bulan sejak tanggal pelaporan.                                Expected credit losses continue to be
                     Kredit ekspektasian terus ditentukan                             determined on this basis until there is
                     oleh dasar ini sampai timbul                                     either a significant increase in the
                     peningkatan     risiko    kredit  yang                           credit risk of an instrument or the
                     signifikan pada instrumen tersebut                               instrument becomes credit impaired. If
                     atau     instrumen     tersebut   telah                          an instrument is no longer considered
                     mengalami penurunan nilai kredit.                                to exhibit a significant increase in
                     Jika suatu instrumen tidak lagi                                  credit risk, expected credit losses will
                     dianggap menunjukkan peningkatan                                 revert to being determined on a 12-
                     risiko kredit yang signifikan, maka                              month basis;
                     kerugian kredit ekspektasian dihitung
                     kembali berdasarkan basis 12 bulan;
                 •   aset keuangan yang memburuk pada                            •    financial assets that deteriorate at the
                     tanggal pelaporan, kerugian kredit                               reporting date, the expected credit
                     ekspektasian diukur sebesar selisih                              loss is measured at the difference
                     antara jumlah tercatat bruto dan nilai                           between the gross carrying amount
                     kini arus kas masa depan yang                                    and the present value of estimated
                     diestimasi;                                                     future cash flows;
                 •   komitmen pinjaman yang belum                                •    for undisbursed loan commitments,
                     ditarik, kerugian kredit ekspektasian                            expected credit losses are measured
                     diukur sebesar selisih antara nilai kini                         at the difference between the present
                     jumlah arus kas jika komitmen ditarik                            value of the amount of cash flow if the
                     dan arus kas yang diperkirakan akan                              commitments is withdrawn and the
                     diterima oleh Grup;                                             cash flow expected to be received by
                                                                                      the Group;
                •     kontrak jaminan keuangan, kerugian                          •   for financial guarantee contracts,
                      kredit ekspektasian diukur sebesar                              expected credit losses are measured
                      selisih antara pembayaran yang                                  at the difference between the
                      diperkirakan     untuk      mengganti                           estimated payments to replace the
                      pemegang atas kerugian kredit yang                              holder for the credit losses incurred
                      terjadi   dikurangi    jumlah   yang                            less the amount estimated to be
                      diperkirakan dapat dipulihkan.                                  recoverable.



                                                       Halaman - 45 - Page
1256   Transforming the Future, Empowering Indonesia
Page 656
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI           2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                              INFORMATION (continued)

     c.   Aset dan liabilitas keuangan (lanjutan)                     c.   Financial assets and liabilities (continued)
          (x) Cadangan kerugian penurunan nilai atas                       (x) Allowance for impairment           losses     on
              aset keuangan (lanjutan)                                         financial assets (continued)
              Aset Keuangan yang Direstrukturisasi                             Restructured Financial Assets
              Jika     ketentuan     aset   keuangan                           If the terms of the financial assets are
              dinegosiasikan ulang atau dimodifikasi                           renegotiated or modified or the existing
              atau aset keuangan yang ada diganti                              financial assets are replaced with new
              dengan yang baru karena kesulitan                                ones due to the borrower’s financial
              keuangan peminjam, maka dilakukan                                difficulties, an assessment is made
              penilaian apakah aset keuangan yang ada                          whether recognition of existing financial
              harus dihentikan pengakuannya dan                                assets must be derecognised and
              kerugian kredit ekspektasian diukur                              expected credit losses measured as
              sebagai berikut:                                                 follows:
              •   Apabila       syarat-syarat   tersebut                       •    If the terms are substantially different,
                  berbeda secara substansial, Grup                                  the Group derecognises the original
                  menghentikan        pengakuan      aset                           financial asset and recognises a ‘new’
                  keuangan awal dan mengakui aset                                   asset at fair value and recalculates a
                  keuangan yang ‘baru’ pada nilai                                   new effective interest rate for the
                  wajarnya dan menghitung kembali                                   asset. The date of renegotiation is
                  suku bunga efektif yang baru untuk                                consequently considered to be the
                  aset tersebut. Tanggal renegosiasi                                date     of   initial     recognition   for
                  syarat pinjaman dianggap sebagai                                  impairment      calculation      purposes,
                  tanggal pengakuan awal untuk                                      including    for      the    purpose     of
                  keperluan perhitungan penurunan                                   determining whether a significant
                  nilai, termasuk untuk menentukan                                  increase in credit risk has occurred.
                  apakah terdapat kenaikan signifikan                               However, the Group also assesses
                  risiko kredit. Namun, Grup juga                                   whether the new financial asset
                  menilai apakah aset keuangan baru                                 recognised is deemed to be credit-
                  dianggap sebagai aset keuangan                                    impaired     at      initial   recognition,
                  yang mengalami penurunan nilai pada                               especially in circumstances where the
                  pengakuan awal, terutama dalam                                    renegotiation was driven by the debtor
                  keadaan dimana renegosiasi didorong                               being unable to make the originally
                  oleh peminjam yang tidak dapat                                    agreed payments. Differences in the
                  melakukan pembayaran yang sudah                                   carrying amount are also recognised in
                  disetujui sebelumnya. Selisih dari nilai                          the consolidated statement of profit or
                  tercatat juga diakui pada laporan laba                            loss in allowance for impairment
                  rugi konsolidasian di pembentukan                                 losses as a gain or loss on
                  cadangan kerugian penurunan nilai                                 derecognition. For the Group, to the
                  sebagai laba rugi dari penghentian                                extent that the loss does relate to
                  pengakuan aset keuangan. Untuk                                    credit risk, the Group classifies that
                  Grup, bila kerugian berelasi dengan                               loss within allowance for impairment
                  risiko kredit, Grup mengklasifikasikan                            losses.
                  kerugian ke dalam pembentukan
                  cadangan kerugian penurunan nilai.
              •   Apabila syarat-syarat tersebut tidak                          •   If the terms are not substantially
                  berbeda          secara       substansial,                        different,    the     renegotiation   or
                  renegosiasi          atau       modifikasi                        modification does not result in
                  tidak     menghasilkan       penghentian                          derecognition,      and    the     Group
                  pengakuan, dan Grup menghitung                                    recalculates the gross carrying
                  kembali        nilai    tercatat    bruto                         amount based on the revised cash
                  berdasarkan arus kas yang sudah                                   flows of the financial asset and
                  dimodifikasi dari aset keuangan dan                               recognises a modification gain or loss
                  mengakui laba atau rugi modifikasian                              in consolidated statements of profit or
                  di laporan laba rugi konsolidasian.                               loss. The new gross carrying amount
                  Nilai tercatat bruto yang baru dihitung                           is recalculated by discounting the
                  kembali dengan mendiskontokan arus                                modified cash flows at the original
                  kas yang telah dimodifikasi dengan                                effective interest rate.
                  menggunakan tingkat suku bunga
                  efektif awal.



                                                     Halaman - 46 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1257
Page 657
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       c.   Aset dan liabilitas keuangan (lanjutan)                     c.   Financial assets and liabilities (continued)

            (x) Cadangan kerugian penurunan nilai atas                       (x) Allowance for impairment         losses    on
                aset keuangan (lanjutan)                                         financial assets (continued)

                Aset Keuangan yang Memburuk                                      Credit-impaired Financial Assets

                Pada setiap tanggal pelaporan, Grup                               At each reporting date, the Group
                menilai apakah aset keuangan yang                                 assesses whether the financial assets
                dicatat pada biaya perolehan diamortisasi                         recorded at amortised cost and the debt
                dan aset keuangan instrumen utang yang                            instrument financial assets which are
                dicatat   pada    nilai  wajar     melalui                        recorded at fair value through other
                penghasilan komprehensif lain mengalami                           comprehensive income are credit-
                penurunan nilai kredit (memburuk). Aset                           impaired (worsening). Financial assets
                keuangan memburuk ketika satu atau                                deteriorate when one or more events that
                lebih peristiwa yang memiliki dampak                              have an adverse effect on the estimated
                merugikan atas estimasi arus kas masa                             future cash flows of the financial assets
                depan dari aset keuangan telah terjadi.                           have occurred.

                Bukti bahwa aset keuangan mengalami                               Evidence that financial assets become
                penurunan nilai kredit (memburuk)                                 credit impaired including observable data
                termasuk data yang dapat diobservasi                              regarding the following events:
                mengenai peristiwa berikut ini:
                • 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
                    gagal bayar atau peristiwa tunggakan;                          or arrears;
                • pihak pemberi pinjaman, untuk alasan                            • the lender, for economic or contractual
                    ekonomi atau kontraktual sehubungan                             reasons in relation to the financial
                    dengan kesulitan keuangan yang                                  difficulties    experienced   by      the
                    dialami    pihak     peminjam,   telah                          borrower, has given concessions to
                    memberikan konsesi pada pihak                                   the borrower which is not possible if
                    peminjam      yang     tidak  mungkin                           the borrower does not experience
                    diberikan jika pihak peminjam tidak                             such difficulties;
                    mengalami kesulitan tersebut;
                • terjadi kemungkinan bahwa pihak                                 • it is probable that the borrower will
                    peminjam akan dinyatakan pailit atau                            enter bankruptcy or the other financial
                    melakukan reorganisasi keuangan                                 reorganization;
                    lainnya; 
                • hilangnya pasar aktif dari aset                                 • loss of an active market for financial
                    keuangan akibat kesulitan keuangan;                             assets due to financial difficulties; or
                    atau
                • pembelian atau penerbitan aset                                  • purchase or issuance of financial asset
                    keuangan dengan diskon sangat                                   at significant discount which reflect the
                    besar yang mencerminkan kerugian                                credit loss that occurs.
                    kredit yang terjadi.




                                                       Halaman - 47 - Page
1258   Transforming the Future, Empowering Indonesia
Page 658
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     c.   Aset dan liabilitas keuangan (lanjutan)                    c.   Financial assets and liabilities (continued)

          (x) Cadangan kerugian penurunan nilai atas                      (x) Allowance for impairment           losses     on
              aset keuangan (lanjutan)                                        financial assets (continued)

              Aset Keuangan yang dibeli atau yang                             Purchased     or    originated   credit-
              berasal dari aset keuangan memburuk -                           impaired financial assets - POCI
              POCI

              Aset keuangan dikategorikan sebagai                             Financial assets are categorised as POCI
              POCI apabila terdapat bukti objektif                            if there is objective evidence of
              penurunan nilai pada saat pengakuan                             impairment at initial recognition. At initial
              awal. Pada saat pengakuan awal, tidak                           recognition, no allowance for credit losses
              ada penyisihan kerugian kredit yang                             is recognised because the purchase price
              diakui karena harga pembelian atau                              or value has included lifetime estimated
              nilainya telah termasuk estimasi kerugian                       credit losses. Subsequently, any changes
              kredit sepanjang umurnya. Selanjutnya,                          in the lifetime expected credit losses will
              setiap     perubahan    kerugian    kredit                      be recognised as an impairment gain or
              ekspektasian sepanjang umurnya akan                             loss in the consolidated statement of
              diakui sebagai keuntungan atau kerugian                         profit or loss.
              penurunan nilai dalam laporan laba rugi
              konsolidasian.

              Penyajian Penyisihan Kerugian Kredit                            Presentation  of   Allowance    for
              Ekspektasian Dalam Laporan Posisi                               Expected Credit Losses in      the
              Keuangan Konsolidasian                                          Statement of Consolidated Financial
                                                                              Position

              Penyisihan kerugian kredit ekspektasian                          Allowance for expected credit losses is
              disajikan dalam laporan posisi keuangan                          presented      in    the   statement      of
              konsolidasian sebagai berikut:                                   consolidated financial positions as
                                                                               follows:
              •   aset keuangan yang diukur pada                                • for financial assets measured at
                  biaya      perolehan       diamortisasi,                          amortised    cost,    allowance     for
                  penyisihan        kerugian        kredit                          expected credit losses is presented as
                  ekspektasian      disajikan    sebagai                            a deduction from the gross carrying
                  pengurang dari jumlah tercatat bruto                              amount of the asset;
                  aset;
              •   komitmen pinjaman dan kontrak                                •   for loan commitments and financial
                  jaminan      keuangan,       penyisihan                          guarantee contracts, allowance for
                  kerugian kredit ekspektasian disajikan                           expected credit losses is presented as
                  sebagai provisi;                                                a provision;
              •   instrumen utang yang diukur pada                             •   for debt instruments measured at fair
                  nilai wajar melalui penghasilan                                  value through other comprehensive
                  komprehensif       lain,     penyisihan                          income, allowance for expected credit
                  kerugian kredit ekspektasian tidak                               losses are not recognised in the
                  diakui dalam laporan posisi keuangan                             statement     of   financial   position
                  karena jumlah tercatat dari aset-aset                            because the carrying amounts of
                  ini adalah nilai wajarnya. Namun                                 these assets are at their fair values.
                  demikian penyisihan kerugian kredit                              However, allowance for expected
                  ekspektasian diungkapkan dan diakui                              credit losses is disclosed and
                  dalam penghasilan komprehensif lain.                            recognised in other comprehensive
                                                                                   income.




                                                    Halaman - 48 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1259
Page 659
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       c.   Aset dan liabilitas keuangan (lanjutan)                     c.   Financial assets and liabilities (continued)

            (x) Cadangan kerugian penurunan nilai atas                       (x) Allowance for impairment           losses   on
                aset keuangan (lanjutan)                                         financial assets (continued)

                Perhitungan penurunan nilai secara                               Individual impairment calculation
                individual

                Bank     menetapkan       pinjaman    yang                       The Bank determines that loans should be
                diberikan     yang      harus    dievaluasi                      evaluated    for    impairment     through
                penurunan nilainya secara individual,                            individual evaluation with the following
                dengan ketentuan sebagai berikut:                                criteria:
                a. Pinjaman yang diberikan Segmen                                a. Loans for Corporate and Middle
                    Korporasi dan Menengah yang                                       Segment that meet the criteria:
                    memenuhi kriteria:
                    • Memiliki umur tunggakan lebih                                   •   Has overdue age more than 90
                        dari 90 hari (kolektibilitas 3-5);                                days (collectability 3-5); or
                        atau
                    • Memiliki rating default (rating                                 •  Has a default rating (rating
                        20-23); atau                                                     20-23); or
                    • Memiliki rating non-investment                                  • Has a non-investment grade rating
                        grade (rating 13-19) dan dilakukan                               (rating 13-19) and is undergoing
                        restrukturisasi    (kecuali  untuk                               restructuring        (except  for
                        restrukturisasi Covid-19).                                       restructuring Covid-19).
                b. Pinjaman yang diberikan Segmen                                b.   Loans for Small and Consumer
                    Kecil dan Konsumer yang memiliki                                  Segment with the maximum of more
                    maksimum lebih besar atau sama                                    than or equal to Rp15 billion (full
                    dengan Rp15 miliar (nilai penuh) yang                             amount) that meet the criteria:
                    memenuhi kriteria:                                                
                    • Memiliki umur tunggakan lebih                                   • Has overdue age more than 90
                        dari 90 hari (kolektibilitas 3-5);                               days (collectability 3-5); or
                        atau
                    • Dilakukan restrukturisasi (kecuali                              •   Has been restructured (except for
                        untuk restrukturisasi Covid-19).                                  restructuring Covid-19).

                Perhitungan penurunan nilai secara                               Collective impairment calculation
                kolektif

                Bank     menetapkan       pinjaman     yang                      The Bank determines loans to be
                diberikan     yang    harus       dievaluasi                     evaluated       for    impairment      through
                penurunan nilainya secara kolektif, jika                         collective evaluation if one of the following
                memenuhi salah satu kriteria di bawah ini:                       criteria is met:
                a. Pinjaman yang diberikan yang secara                           a. Loans        which     individually    have
                    individual     memiliki    nilai   tidak                          insignificant value; or
                    signifikan; atau
                b. Pinjaman yang diberikan yang                                  b. Restructured loans which individually
                    direstrukturisasi     yang       secara                         have insignificant value.
                    individual     memiliki    nilai   tidak
                    signifikan.

                Penerimaan    kembali    atas   aset                             Recoveries      of   written-off     financial
                keuangan yang telah dihapusbukukan                               assets

                Ketika pinjaman yang diberikan tidak                             When a loan is uncollectible, it is written-
                tertagih, pinjaman yang diberikan tersebut                       off against the related allowance for
                dihapusbuku dengan menjurnal balik                               impairment loss. Such loans are written
                cadangan kerugian penurunan nilai.                               off after all the necessary procedures
                Pinjaman yang diberikan tersebut dapat                           have been completed and the amount of
                dihapus buku setelah semua prosedur                              the loss has been determined.
                yang diperlukan telah dilakukan dan
                jumlah kerugian telah ditentukan.




                                                       Halaman - 49 - Page
1260   Transforming the Future, Empowering Indonesia
Page 660
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     c.   Aset dan liabilitas keuangan (lanjutan)                    c.   Financial assets and liabilities (continued)

          (x) Cadangan kerugian penurunan nilai atas                      (x) Allowance for impairment           losses     on
              aset keuangan (lanjutan)                                        financial assets (continued)

              Penerimaan   kembali    atas   aset                             Recoveries of written-off             financial
              keuangan yang telah dihapusbukukan                              assets (continued)
              (lanjutan)

              Penerimaan kembali atas aset keuangan                           The recoveries of written-off financial
              yang telah dihapusbukukan pada tahun                            assets in the current year are credited by
              berjalan        dikreditkan     dengan                          adjusting the allowance for impairment
              menyesuaikan akun cadangan kerugian                             losses accounts. Recoveries of written-off
              penurunan nilai. Penerimaan kembali atas                        financial assets are recorded as operating
              aset     keuangan          yang    telah                        income other than interest income.
              dihapusbukukan        dicatat   sebagai
              pendapatan         operasional    selain
              pendapatan bunga.

     d.   Prinsip konsolidasian                                      d.   Principles of consolidation

          Laporan keuangan konsolidasian meliputi                         The consolidated financial statements include
          laporan keuangan BNI beserta seluruh                            the financial statements of BNI and all its
          Entitas Anak yang berada di bawah                               Subsidiaries that are controlled by BNI.
          pengendalian BNI. Entitas anak adalah                           Subsidiaries are all entities (including
          seluruh entitas (termasuk entitas terstruktur)                  structured entities) over which the Group has
          dimana Grup memiliki pengendalian.                              control.

          Dalam hal pengendalian terhadap Entitas                         Where Subsidiaries either began or ceased to
          Anak dimulai atau diakhiri dalam suatu tahun                    be controlled during the year, the results of
          berjalan, maka hasil usaha Entitas Anak yang                    operations of those Subsidiaries are included
          diperhitungkan ke dalam laporan keuangan                        in the consolidated financial statements only
          konsolidasian hanya sebatas hasil pada saat                     from the date that the control has commenced
          pengendalian tersebut mulai diperoleh atau                      or up to the date that the control has ceased.
          hingga saat pengendalian itu berakhir.

          Pengendalian didapat ketika BNI terekspos                       Control is acquired when BNI is exposed or
          atau memiliki hak atas imbal hasil variabel dari                has rights to variable returns from its
          keterlibatannya dengan Entitas Anak dan                         involvement with Subsidiaries and has the
          memiliki kemampuan untuk mempengaruhi                           ability to affect those returns through its power
          imbal hasil tersebut melalui kekuasaannya                       over Subsidiaries.
          atas Entitas Anak.

          BNI mengendalikan Entitas Anak, jika dan                        BNI controls a Subsidiary if, and only if, BNI
          hanya jika, BNI memiliki hal berikut ini:                       has the following:

          a) kekuasaan atas Entitas Anak (hak yang                        a) power over a Subsidiary (existing rights
             ada saat ini yang memberi kemampuan kini                        that provide the current ability to direct the
             untuk mengarahkan aktivitas relevan yang                        relevant activities that significantly affect
             secara signifikan mempengaruhi imbal hasil                      returns of a Subsidiary);
             Entitas Anak);
          b) eksposur atau hak atas imbal hasil variabel                  b) exposure, or rights to variable returns from
             dari keterlibatannya dengan Entitas Anak;                       its involvement with the Subsidiary; and
             dan
          c) kemampuan         untuk     menggunakan                      c) the ability to use its power over the
             kekuasaannya atas Entitas Anak untuk                            Subsidiary to affect the amount of the
             mempengaruhi jumlah imbal hasil Entitas                         Subsidiary’s returns.
             Anak.




                                                    Halaman - 50 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1261
Page 661
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

   2. INFORMASI       KEBIJAKAN                  AKUNTANSI         2. MATERIAL       ACCOUNTING                       POLICY
      MATERIAL (lanjutan)                                             INFORMATION (continued)

       d.   Prinsip konsolidasian (lanjutan)                            d.   Principles of consolidation (continued)
            Bila Grup tidak memiliki hak suara atau hak                      When the Group has less than a majority of
            serupa secara mayoritas atas suatu Entitas                       the voting or similar rights of a Subsidiary, the
            Anak, Grup mempertimbangkan semua fakta                          Group considers all relevant facts and
            dan     keadaan       yang    relevan     dalam                  circumstances in assessing whether it has
            mengevaluasi apakah mereka memiliki                              power over a Subsidiary, including:
            kekuasaan atas Entitas Anak, termasuk:
            i)   Pengaturan kontraktual dengan pemilik                       i)     The contractual arrangement with the
                 hak suara lainnya dari Entitas Anak,                               other vote holders of the Subsidiary,
            ii) Hak yang timbul atas pengaturan                              ii)    Rights arising from other contractual
                 kontraktual lain, dan                                              arrangements, and
            iii) Hak suara dan hak suara potensial yang                      iii)   The Group’s voting rights and potential
                 dimiliki Grup.                                                     voting rights.
            Grup menilai kembali apakah mereka                               The Group re-assesses whether or not it
            mengendalikan Entitas Anak bila fakta dan                        controls    a   Subsidiary    if  facts    and
            keadaan mengindikasikan adanya perubahan                         circumstances indicate that there are changes
            terhadap satu atau lebih dari ketiga elemen                      to one or more of the three elements of
            dari pengendalian. Konsolidasi atas Entitas                      control. Consolidation of a Subsidiary begins
            Anak dimulai sejak Grup memperoleh                               when the Group obtains control over the
            pengendalian atas Entitas Anak dan tidak lagi                    Subsidiary and ceases when the Group loses
            mengkonsolidasikan ketika Grup kehilangan                        control of the Subsidiary. Assets, liabilities,
            pengendalian atas Entitas Anak. Aset,                            income and expenses of a Subsidiary acquired
            liabilitas, penghasilan dan beban dari Entitas                   during the year are included in the
            Anak yang diakuisisi pada tahun tertentu                         consolidated financial statements from the
            disertakan      dalam     laporan   keuangan                     date the Group obtains the control up to the
            konsolidasian sejak tanggal Grup memperoleh                      date of the Group ceases the control the
            kendali sampai tanggal Grup tidak lagi                           Subsidiary.
            mengendalikan Entitas Anak tersebut.
            Kombinasi        bisnis    dicatat     dengan                    The acquisition method is used to account for
            menggunakan metode akuisisi. Imbalan yang                        business combinations. The consideration
            diserahkan untuk akuisisi suatu entitas anak                     transferred for the acquisition of a subsidiary is
            adalah sebesar nilai wajar aset yang                             the fair value of the assets given, shares
            diserahkan, saham yang diterbitkan atau                          issued or liabilities incurred at the date of
            liabilitas yang diakui pada tanggal akuisisi.                    acquisition. The excess of the aggregate of the
            Kelebihan jumlah imbalan yang dialihkan dan                      consideration transferred and the fair value of
            nilai wajar jumlah kepentingan non-pengendali                    non-controlling interest over the net identifiable
            atas jumlah aset teridentifikasi bersih yang                     assets acquired and liabilities is recorded as
            diperoleh dan kewajiban yang timbul dicatat                      goodwill. If this consideration is lower than the
            sebagai goodwill. Jika jumlah imbalan yang                       fair value of the net assets of the subsidiary
            diserahkan lebih rendah dari nilai wajar aset                    acquired, the difference is recognised directly
            bersih entitas anak yang diakuisisi, selisihnya                  in the consolidated profit or loss.
            diakui langsung dalam laporan laba rugi
            konsolidasian.
            Jika akuntansi awal untuk kombinasi bisnis                       If the initial accounting of a business
            belum selesai pada akhir periode pelaporan                       combination is incomplete by the end of the
            saat kombinasi terjadi, Grup melaporkan                          reporting period in which the combination
            jumlah sementara untuk pos-pos yang proses                       occurs, the Group reports provisional amounts
            akuntansinya belum selesai dalam laporan                         for the items for which the accounting is
            keuangannya. Selama periode pengukuran,                          incomplete. Those provisional amounts are
            pihak pengakuisisi menyesuaikan, aset atau                       adjusted during the measurement period, or
            liabilitas tambahan yang diakui, untuk                           additional assets or liabilities are recognised,
            mencerminkan informasi baru yang diperoleh                       to reflect new information obtained about facts
            tentang fakta dan keadaan yang ada pada                          and circumstances that existed as of the
            tanggal akuisisi dan, jika diketahui, akan                       acquisition date that, if known, would have
            berdampak pada jumlah yang diakui pada                           affected the amount recognised as of that
            tanggal tersebut.                                                date.



                                                       Halaman - 51 - Page
1262   Transforming the Future, Empowering Indonesia
Page 662
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)
     d.   Prinsip konsolidasian (lanjutan)                           d.   Principles of consolidation (continued)

          Untuk setiap akuisisi, Grup mengakui                            The Group recognises any non-controlling
          kepentingan non-pengendali pada pihak yang                      interests in the acquiree on an acquisition by
          diakuisisi baik sebesar nilai wajar atau sebesar                acquisition basis, either at fair value or at the
          bagian      proporsional    kepentingan     non-                non-controlling interest’s proportionate share
          pengendali atas aset bersih pihak yang                          of the acquiree’s net assets. Non-controlling
          diakuisisi.     Kepentingan      non-pengendali                 interests are reported as equity in the
          disajikan di ekuitas dalam laporan posisi                       consolidated statement of financial position,
          keuangan konsolidasian, terpisah dari ekuitas                   separate from the owner of the parent's equity.
          pemilik entitas induk.

          Biaya terkait akuisisi dibebankan pada saat                     Acquisition-related costs are expensed as
          terjadinya.                                                     incurred.

          Seluruh saldo dan transaksi termasuk                            All significant balances and transactions,
          keuntungan/kerugian yang belum direalisasi                      including unrealised gains/losses among BNI
          antara BNI dan Entitas Anak yang signifikan                     and Subsidiaries are eliminated to reflect the
          dieliminasi untuk mencerminkan posisi                           consolidated financial position and results of
          keuangan dan hasil usaha konsolidasian BNI                      operations of BNI and its Subsidiaries as a
          dan Entitas Anak sebagai satu kesatuan                          single entity.
          usaha.

          Laporan keuangan konsolidasian disusun                          The consolidated financial statements are
          dengan menggunakan kebijakan akuntansi                          prepared using uniform accounting policies for
          yang sama untuk peristiwa dan transaksi                         transactions    and    events     in     similar
          sejenis dalam kondisi yang sama. Apabila                        circumstances. If the Subsidiaries’ financial
          laporan      keuangan      Entitas     Anak                     statements use accounting policies different
          menggunakan kebijakan akuntansi yang                            from those adopted in the         consolidated
          berbeda dari kebijakan akuntansi yang                           financial statements, appropriate adjustments
          digunakan     dalam    laporan     keuangan                     are made to the Subsidiaries’         financial
          konsolidasian, maka dilakukan penyesuaian                       statements.
          yang diperlukan terhadap laporan keuangan
          Entitas Anak tersebut.

          Kepentingan non-pengendali disajikan di                         The non-controlling interest is presented in the
          ekuitas dalam laporan posisi keuangan                           equity of the consolidated statement of
          konsolidasian    dan dinyatakan sebesar                         financial position and represents the non-
          proporsi pemegang saham non-pengendali                          controlling stockholders’ proportionate share in
          atas laba tahun berjalan dan ekuitas Entitas                    the income for the year and equity of the
          Anak tersebut sesuai dengan persentase                          Subsidiaries based on the percentage of
          kepemilikan    pemegang      saham     non-                     ownership of the non-controlling stockholders
          pengendali pada Entitas Anak tersebut.                          in the Subsidiaries.

          Entitas Asosiasi                                                Associates

          Entitas asosiasi adalah seluruh entitas                         Associates are all entities over which the
          dimana Grup memiliki pengaruh signifikan                        Group has significant influence but not control,
          namun bukan pengendalian, biasanya melalui                      generally accompanying a shareholding
          kepemilikan hak suara antara 20% dan 50%.                       between 20% and 50% of the voting rights.
          Investasi pada entitas asosiasi dicatat                         Investment in associates are accounted for
          dengan metode ekuitas, setelah pada                             using the equity method of accounting, after
          awalnya diakui pada nilai perolehan dikurangi                   initially being recognised at cost less
          kerugian penurunan nilai, jika ada.                             impairment losses, if any.

          Investasi pada entitas asosiasi pada awalnya                    Investment in an associate is initially
          diakui sebesar biaya perolehan. Biaya                           recognised at cost. The cost of an acquisition
          perolehan diukur berdasarkan nilai wajar aset                   is measured at the fair value of the assets
          yang diserahkan, instrumen ekuitas yang                         transferred, equity instruments issued or
          diterbitkan atau liabilitas yang timbul atau                    liabilities incurred or assumed as at the date of
          diambil alih pada tanggal akuisisi, ditambah                    acquisition, plus costs directly attributable to
          biaya yang berhubungan langsung dengan                          the acquisition.
          akuisisi.



                                                    Halaman - 52 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1263
Page 663
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       d.   Prinsip konsolidasian (lanjutan)                            d.   Principles of consolidation (continued)

            Entitas Asosiasi (lanjutan)                                      Associates (continued)

            Goodwill pada akuisisi entitas asosiasi                          Goodwill on acquisition of an associate
            merupakan selisih lebih yang terkait dengan                      represents the excess of the cost of acquisition
            biaya perolehan investasi pada entitas                           of the associate over the Group’s share of the
            asosiasi dengan bagian Grup atas nilai wajar                     fair value of the identifiable net assets of the
            neto aset teridentifikasi dari entitas asosiasi                  associate and is included in the carrying
            dan dimasukkan dalam jumlah tercatat                             amount of the investment.
            investasi.

            Dalam menerapkan metode ekuitas, bagian                          In applying the equity method of accounting,
            Grup atas laba rugi entitas asosiasi setelah                     the Group’s share of its associate’s post-
            perolehan diakui dalam laba rugi, dan bagian                     acquisition profit or loss is recognised in profit
            Grup atas penghasilan komprehensif lain                          or loss and its share of post-acquisition other
            setelah tanggal perolehan diakui dalam                           comprehensive income is recognised in other
            penghasilan komprehensif lain.                                   comprehensive income.

            Perubahan dan penerimaan distribusi dari                         These post-acquisition movements and
            entitas asosiasi setelah tanggal perolehan                       distributions received from an associate are
            disesuaikan terhadap nilai tercatat investasi.                   adjusted against the carrying amounts of the
                                                                             investment.

            Jika bagian Grup atas rugi entitas asosiasi                      When the Group’s share of the losses of an
            sama dengan atau melebihi kepentingannya                         associate equals or exceeds its interest in the
            pada entitas asosiasi, termasuk piutang tidak                    associate, including any other unsecured non-
            lancar    tanpa    jaminan,    maka     Grup                     current receivables, the Group does not
            menghentikan pengakuan bagiannya atas                            recognise further losses, unless it has
            rugi lebih lanjut, kecuali Grup memiliki                         obligations to make or has made payments on
            kewajiban untuk melakukan pembayaran atau                        behalf of the associate.
            telah melakukan pembayaran atas nama
            entitas asosiasi.

            Keuntungan yang belum direalisasi atas                           Unrealised gains on transactions between the
            transaksi antara Grup dengan entitas asosiasi                    Group and its associate are eliminated to the
            dieliminasi sebesar bagian Grup dalam                            extent of the Group’s interest in the associate.
            entitas asosiasi tersebut. Kerugian yang                         Unrealised losses are also eliminated unless
            belum direalisasi juga dieliminasi kecuali                       the transaction provides evidence of
            transaksi    tersebut   memberikan      bukti                    impairment of the asset being transferred. The
            penurunan nilai atas aset yang ditransfer.                       accounting policies of the associate will be
            Kebijakan akuntansi entitas asosiasi akan                        changed where necessary to ensure
            disesuaikan,    apabila   diperlukan,   agar                     consistency with the accounting policies
            konsisten dengan kebijakan Grup.                                 adopted by the Group.

            Dividen yang akan diterima dari entitas                          Dividend receivables from an associate are
            asosiasi diakui sebagai pengurang jumlah                         recognised as reductions in the carrying
            tercatat investasi.                                              amounts of the investment.

            Pada setiap tanggal pelaporan, Grup                              The Group determines at each reporting date
            menentukan apakah terdapat bukti objektif                        whether there is any objective evidence that
            bahwa telah terjadi penurunan nilai atas                         the investment in an associate is impaired. If
            investasi pada entitas asosiasi. Jika bukti                      any such evidence exists, the Group
            tersebut ada, maka Grup menghitung                               calculates the amount of impairment as the
            besarnya penurunan nilai sebagai selisih                         difference between the recoverable amount of
            antara jumlah yang terpulihkan dan nilai                         the associate and its carrying value and
            tercatat atas investasi pada entitas asosiasi                    recognises the amount in profit or loss.
            dan mengakui selisih tersebut pada laba rugi.




                                                       Halaman - 53 - Page
1264   Transforming the Future, Empowering Indonesia
Page 664
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     d.   Prinsip konsolidasian (lanjutan)                           d.   Principles of consolidation (continued)

          Entitas Asosiasi (lanjutan)                                     Associates (continued)

          Jika bagian kepemilikan entitas pada entitas                    If an entity’s ownership interest in an associate
          asosiasi atau ventura bersama berkurang,                        or a joint venture is reduced, but the
          tetapi investasi tetap diklasifikasikan masing-                 investment continues to be classified either as
          masing sebagai entitas asosiasi atau ventura                    an associate or a joint venture respectively,
          bersama, maka entitas mereklasifikasi ke                        the entity shall reclassify to profit or loss the
          laba rugi proporsi keuntungan atau kerugian                     proportion of the gain or loss that had
          yang telah diakui sebelumnya dalam                              previously      been   recognised      in   other
          penghasilan komprehensif lain yang terkait                      comprehensive income relating to the
          dengan pengurangan bagian kepemilikan                           reduction in ownership interest if that gain or
          tersebut jika keuntungan atau kerugian                          loss would be required to be reclassified to
          tersebut disyaratkan untuk direklasifikasi ke                   profit or loss on the disposal of the related
          laba rugi atas pelepasan aset atau liabilitas                   assets or liabilities.
          yang terkait.

     e.   Transaksi dalam mata uang asing dan                        e.   Foreign     currency        transactions          and
          penjabaran                                                      translations

          Transaksi dalam mata uang asing                                 Transactions      denominated         in    foreign
                                                                          currencies

          Pos-pos yang disertakan dalam laporan                           Items included in the financial statements of
          keuangan setiap entitas anggota Grup diukur                     each of the Group’s entities are measured
          menggunakan mata uang yang sesuai                               using the currency of the primary economic
          dengan lingkungan ekonomi utama di mana                         environment in which the entity operates (the
          entitas beroperasi (“mata uang fungsional”).                    “functional currency”).

          BNI dan Entitas Anak yang berdomisili di                        BNI and its Subsidiaries domiciled in
          Indonesia menyelenggarakan pembukuannya                         Indonesia maintain their accounting records
          dalam mata uang Rupiah, kecuali untuk BNI                       in Rupiah, except for BNI Remittance in
          Remittance yang pembukuan akuntansinya                          which its accounting records are maintained
          dilakukan dalam Dolar Amerika Serikat.                          in United States Dollar. Transactions during
          Transaksi-transaksi dalam mata uang selain                      the year involving currencies other than
          Rupiah yang terjadi di sepanjang tahun                          Rupiah are recorded at the exchange rates
          dicatat dengan nilai kurs yang berlaku pada                     prevailing at the time the transactions were
          saat terjadinya transaksi yang bersangkutan.                    made.

          Laporan keuangan konsolidasian disajikan                        The consolidated financial statements are
          dalam Rupiah yang merupakan mata uang                           presented in Rupiah, which is the functional
          fungsional BNI.                                                 currency of BNI.

          Pada tanggal laporan posisi keuangan                            At the consolidated statement of financial
          konsolidasian, aset dan liabilitas moneter                      position date, all monetary assets and
          dalam mata uang asing dijabarkan ke dalam                       liabilities denominated in foreign currencies
          mata uang Rupiah dengan menggunakan                             are translated to Rupiah using the Reuters
          kurs tengah Reuters pada pukul 15:00 WIB.                       middle rate at 15:00 Western Indonesian
          Keuntungan atau kerugian yang timbul                            Time (WIB). The resulting gains or losses
          sebagai akibat dari penjabaran aset dan                         from the translation of monetary assets and
          liabilitas moneter dalam mata uang asing                        liabilities in foreign currencies are recognised
          dicatat dalam laporan laba rugi konsolidasian                   in the consolidated statement of profit or loss
          tahun berjalan.                                                 for the current year.




                                                    Halaman - 54 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
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Page 665
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI            2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                                 INFORMATION (continued)

       e.   Transaksi dalam mata uang asing dan                            e.   Foreign     currency     transactions          and
            penjabaran (lanjutan)                                               translations (continued)

            Penjabaran aset dan liabilitas dalam mata                           Translation   of    assets    and    liabilities
            uang asing (lanjutan)                                               denominated in foreign currencies (continued)

            Pada tanggal 31 Desember 2024 dan                                   As of 31 December 2024 and 2023, the
            2023, kurs mata uang asing yang digunakan                           foreign currency exchange rates used for
            untuk penjabaran mata uang asing terhadap                           translation of foreign currencies to Rupiah are
            Rupiah adalah sebagai berikut (dalam Rupiah                         as follows (amounts in full Rupiah):
            penuh):
                                                   31 Desember/        31 Desember/
                                                  December 2024        December 2023

            1 Pound Sterling Inggris                         20,219                 19,627           Great Britain Pound Sterling 1
            1 Euro Eropa                                     16,758                 17,038                        European Euro 1
            1 Dolar Amerika Serikat                          16,095                 15,397                  United States Dollar 1
            1 Dolar Singapura                                11,845                 11,676                       Singapore Dollar 1
            1 Dolar Australia                                10,014                 10,521                       Australian Dollar 1
            1 Dolar Hong Kong                                 2,073                  1,971                     Hong Kong Dollar 1
            1 Yen Jepang                                        103                    109                         Japanese Yen 1

            Penjabaran laporan keuangan sehubungan                              Translation of financial statements relating to
            dengan konsolidasian laporan cabang BNI                             consolidation of BNI branches domiciled
            yang berkedudukan di luar negeri                                    outside of Indonesia

            Cabang BNI yang berkedudukan di luar                                BNI’s branches domiciled outside of
            negeri menyelenggarakan pembukuannya                                Indonesia maintain their accounting records
            dalam   mata   uang    negara tempat                                in their respective domestic currencies.
            kedudukannya.

            Untuk    tujuan  konsolidasian,    laporan                          For consolidation purposes, the financial
            keuangan cabang BNI tersebut dijabarkan ke                          statements of such branches domiciled
            dalam mata uang Rupiah dengan cara                                  outside of Indonesia are translated into
            sebagai berikut:                                                    Rupiah as follows:

            •    Saldo akun-akun aset dan liabilitas                            •   Assets and liabilities accounts are
                 dijabarkan dengan menggunakan kurs                                 translated using the Reuters spot rates at
                 spot Reuters jam 15:00 WIB pada                                    15:00 WIB at the consolidated statement
                 tanggal    laporan posisi keuangan                                 of financial position date;
                 konsolidasian;

            •    Saldo akun-akun laba rugi setiap harinya                       •   Revenues and expenses accounts are
                 dijabarkan dengan menggunakan kurs                                 translated using the daily Reuters spot
                 spot Reuters jam 15:00 WIB. Saldo untuk                            rate at 15:00 WIB. The balances for the
                 tahun berjalan merupakan jumlah dari                               year represent the sum of those daily
                 penjabaran harian tersebut;                                        translations;

            •    Akun   ekuitas   dijabarkan           dengan                   •   Equity accounts are recorded using the
                 menggunakan kurs historis; dan                                     historical rates; and
            •    Selisih yang timbul sebagai akibat dari                        •   Differences arising from translation are
                 penjabaran ini disajikan di laporan posisi                         presented in the consolidated statement
                 keuangan konsolidasian sebagai bagian                              of financial position balance as part of
                 dari ekuitas pada akun "Selisih Kurs                               equity under "Exchange Difference on
                 karena Penjabaran Laporan Keuangan                                 Translation of Foreign Currency Financial
                 dalam Mata Uang Asing".                                            Statements".




                                                        Halaman - 55 - Page
1266   Transforming the Future, Empowering Indonesia
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                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     f.   Giro pada bank lain dan Bank Indonesia                     f.   Current accounts with other banks and
                                                                          Bank Indonesia
          Giro pada bank lain dan Bank Indonesia                          The current accounts with other banks and
          diklasifikasikan sebagai biaya perolehan yang                   Bank Indonesia are classified as amortised
          diamortisasi. Giro pada bank lain dan Bank                      cost. Current accounts with other banks and
          Indonesia      dinyatakan    sebesar    biaya                   Bank Indonesia are stated at amortised cost
          perolehan diamortisasi menggunakan metode                       using the effective interest rate method less
          suku bunga efektif dikurangi cadangan                           allowance for impairment losses.
          kerugian penurunan nilai.
          Lihat Catatan 2c untuk kebijakan akuntansi                      Refer to Note 2c for the accounting policies of
          atas aset dan liabilitas keuangan.                              financial assets and liabilities.

     g.   Penempatan pada bank lain dan Bank                         g.   Placements with other banks and Bank
          Indonesia                                                       Indonesia

          Penempatan pada bank lain dan Bank                              Placements with other banks and Bank
          Indonesia terdiri dari Deposit Facility Bank                    Indonesia consist of Bank Indonesia Deposit
          Indonesia, Term Deposit, call money dan                         Facility, Term Deposit, call money and time
          deposito berjangka.                                             deposits.

          Penempatan pada bank lain dan Bank                              Placements with other banks and Bank
          Indonesia diklasifikasikan sebagai biaya                        Indonesia are classified as amortised cost.
          perolehan yang diamortisasi. Penempatan                         Placements with other banks are stated at
          pada bank lain dinyatakan sebesar biaya                         amortised cost using the effective interest
          perolehan diamortisasi menggunakan metode                       rate method less allowance for impairment
          suku bunga efektif dikurangi cadangan                           losses.
          kerugian penurunan nilai.

          Lihat Catatan 2c untuk kebijakan akuntansi                      Refer to Note 2c for the accounting policies of
          atas aset dan liabilitas keuangan.                              financial assets and liabilities.

     h.   Efek-efek dan Obligasi Pemerintah                          h.   Marketable     securities     and    Government
                                                                          Bonds

          Efek-efek yang dimiliki terdiri dari Sertifikat                 Marketable securities consist of Certificates of
          Bank Indonesia (SBI), Sertifikat Deposito Bank                  Bank Indonesia (SBI), Certificates Deposits of
          Indonesia, unit penyertaan reksa dana,                          Bank Indonesia, mutual fund units, bonds,
          obligasi, obligasi subordinasi, Sekuritas                       subordinated bonds, Sekuritas Rupiah Bank
          Rupiah Bank Indonesia (SRBI), saham yang                        Indonesia (SRBI), shares held-for-trading and
          dimiliki untuk diperdagangkan dan instrumen                     other debt instruments traded in the money
          utang lainnya yang diperdagangkan di pasar                      market and stock exchanges.
          uang dan pasar modal.

          Obligasi Pemerintah terdiri dari Obligasi                       Government Bonds consist of Government
          Rekapitalisasi Pemerintah yang diterbitkan                      Recapitalization Bonds issued to BNI and
          kepada BNI dan bank lainnya berkaitan                           other banks with respect to the recapitalization
          dengan program rekapitalisasi Pemerintah dan                    program of the Government and other bonds
          obligasi lainnya yang diterbitkan oleh                          issued by the Government of Indonesia and
          Pemerintah Indonesia dan negara lainnya,                        other countries, that are not related to the
          yang tidak berkaitan dengan program                             recapitalisation program, acquired through the
          rekapitalisasi, yang diperoleh melalui pasar                    primary and secondary markets.
          perdana dan sekunder.
          Pada saat pengakuan awal, efek-efek dan                         At initial recognition, the marketable securities
          Obligasi Pemerintah dicatat sesuai dengan                       and Government Bonds are recorded
          kategorinya       yaitu    aset     keuangan                    according to their category, i.e., amortised
          diklasifikasikan pada biaya perolehan yang                      cost, fair value through other comprehensive
          diamortisasi, nilai wajar melalui penghasilan                   income or at fair value through profit or loss.
          komprehensif lain atau nilai wajar melalui laba
          rugi.

          Lihat Catatan 2c untuk kebijakan akuntansi                      Refer to Note 2c for the accounting policies of
          atas aset dan liabilitas keuangan.                              financial assets and liabilities.


                                                    Halaman - 56 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
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Page 667
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI            2.   MATERIAL       ACCOUNTING                    POLICY
       MATERIAL (lanjutan)                                                 INFORMATION (continued)

       h.   Efek-efek dan Obligasi Pemerintah (lanjutan)                   h.   Marketable securities      and    Government
                                                                                Bonds (continued)

            Surat Berharga Syariah adalah surat bukti                           Sharia Securities are proof of investment
            investasi berdasarkan prinsip syariah yang                          based on sharia principles that are commonly
            lazim diperdagangkan di pasar uang syariah                          traded in the sharia money market and/or
            dan/atau pasar modal syariah antara lain                            sharia capital markets, including sharia bonds
            obligasi syariah (sukuk) dan surat berharga                         (sukuk) and other securities following sharia
            lainnya berdasarkan prinsip syariah.                                principles.

            Pada saat pengakuan awal, Grup mengakui                             At initial recognition, the Group recognise
            investasi pada sukuk sebagai diukur pada                            investments in sukuk are stated at cost and
            biaya perolehan dan pada nilai wajar melalui                        measured at fair value through other
            penghasilan komprehensif lain sebesar nilai                         comprehensive income at fair value add or
            wajar ditambah atau dikurangi biaya transaksi                       less transaction cost related to acquisition
            terkait   perolehan    investasi    tersebut.                       investment. Whereas investment in sukuk
            Sedangkan investasi pada sukuk ijarah dan                           ijarah and sukuk mudharabah are measured
            sukuk mudharabah yang diukur pada nilai                             at fair value through profit and loss and
            wajar melalui laba rugi diakui sebesar nilai                        recognised at fair value.
            wajar.

             Grup menentukan klasifikasi investasi pada                         The Group defines the classification of
             surat berharga, khususnya sukuk, berdasarkan                       investment      in    marketable     securities,
             model usaha yang ditentukan berdasarkan                            specifically sukuk, based on business model in
             klasifikasi sesuai PSAK 410 (Revisi 2020)                          accordance with SFAS 410 (Revised 2020) on
             tentang “Akuntansi Sukuk" sebagai berikut:                         "Accounting for Sukuk" as follows:
             • Surat berharga diukur pada biaya                                 • At cost securities are stated at cost
                perolehan       disajikan   sebesar    biaya                        (including transaction costs), adjusted by
                perolehan (termasuk biaya investasi) yang                           unamortised premium and/or discount.
                disesuaikan dengan premi dan/atau                                   Premium and discount are amortised over
                diskonto yang belum diamortisasi. Premi                             the period until maturity.
                dan diskonto diamortisasi selama periode
                hingga jatuh tempo.
            •    Surat berharga diukur pada nilai wajar           •             •   Securities are stated at fair values through
                 melalui laba rugi, yang dinyatakan sebesar                         profit or loss, and stated at fair value.
                 nilai wajar. Keuntungan atau kerugian yang                         Unrealised gains or losses from the
                 belum direalisasi akibat kenaikan atau                             increase or decrease in fair values are
                 penurunan nilai wajarnya disajikan dalam                           presented in current period profit or loss.
                 laporan      laba     rugi  periode   yang
                 bersangkutan.
            •    Surat berharga yang diukur pada nilai                          •   At fair value through other comprehensive
                 wajar melalui penghasilan komprehensif                             income securities are measured at fair
                 lainnya disajikan sebesar nilai wajar.                             value. Unrealised gains or losses from the
                 Keuntungan atau kerugian yang belum                                increase or decrease in fair value are
                 direalisasi akibat kenaikan atau penurunan                         presented in other comprehensive
                 nilai wajarnya disajikan dalam penghasilan                         income. Premium and discount are
                 komprehensif lain. Premi dan diskonto                              amortised over the period until maturity.
                 diamortisasi selama periode hingga jatuh
                 tempo.




                                                       Halaman - 57 - Page
1268   Transforming the Future, Empowering Indonesia
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                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     i.   Efek-efek yang dibeli/dijual dengan janji                  i.   Securities     purchased/sold                under
          dijual/dibeli kembali                                           agreements to resell/repurchase

          Efek-efek yang dibeli dengan janji untuk dijual                 Securities purchased under agreements to
          kembali    diklasifikasikan  sebagai     biaya                  resell are classified as amortised cost.
          perolehan yang diamortisasi.

          Efek-efek yang dibeli dengan janji untuk dijual                 Securities purchased under agreements to
          kembali disajikan sebagai aset dalam laporan                    resell are presented as assets in the
          posisi keuangan konsolidasian sebesar jumlah                    consolidated statement of financial position,
          penjualan     kembali    dikurangi     dengan                   at the resale price net of unamortised interest
          pendapatan bunga yang belum diamortisasi                        income and allowance for impairment losses.
          dan cadangan kerugian penurunan nilai.                          The difference between the purchase price
          Selisih antara harga beli dan harga jual                        and the resale price is treated as unearned
          kembali diperlakukan sebagai pendapatan                         interest income, and recognised as income
          bunga yang ditangguhkan, dan diakui sebagai                     over the period starting from when those
          pendapatan selama periode sejak efek-efek                       securities are purchased until they are sold
          tersebut dibeli hingga dijual menggunakan                       using effective interest rate method.
          suku bunga efektif.

          Efek-efek yang dijual dengan janji untuk dibeli                 Securities sold under agreements to
          kembali diklasifikasikan sebagai liabilitas                     repurchase are classified as financial
          keuangan yang diukur dengan biaya perolehan                     liabilities measured at amortised cost.
          diamortisasi.

          Efek-efek yang dijual dengan janji untuk dibeli                 Securities sold under agreements to
          kembali disajikan sebagai liabilitas dalam                      repurchase are presented as liabilities in the
          laporan    posisi   keuangan    konsolidasian                   consolidated statement of financial position,
          sebesar jumlah pembelian kembali, dikurangi                     at the repurchase price, net of unamortised
          dengan bunga dibayar di muka yang belum                         prepaid interest. The difference between the
          diamortisasi. Selisih antara harga jual dan                     selling price and the repurchase price is
          harga beli kembali diperlakukan sebagai                         treated as prepaid interest and recognised as
          bunga dibayar di muka dan diakui sebagai                        interest expense over the period starting
          beban bunga selama jangka waktu sejak efek-                     from when those securities are sold until they
          efek tersebut dijual hingga dibeli kembali                      are repurchased using effective interest rate
          menggunakan metode suku bunga efektif.                          method.

          Lihat Catatan 2c untuk kebijakan akuntansi                      Refer to Note 2c for the accounting policies of
          atas aset dan liabilitas keuangan.                              financial assets and liabilities.

     j.   Wesel ekspor dan tagihan lainnya                           j.   Bills and other receivables

          Wesel ekspor dan tagihan lainnya terdiri atas                   Bills and other receivables consists of
          tagihan dari Letters of Credit dan Surat Kredit                 receivables from Letters of Credit and
          Berdokumen Dalam Negeri (SKBDN) kepada                          Domestic Documentary Letters of Credit to
          eksportir.                                                      exporters.

          Wesel      ekspor    dan     tagihan   lainnya                  Bills and other receivables are classified as
          diklasifikasikan sebagai biaya perolehan yang                   amortised cost.
          diamortisasi.

          Wesel ekspor dan tagihan lainnya dicatat pada                   Bills and other receivables are stated at
          biaya perolehan diamortisasi setelah dikurangi                  amortised cost less allowance for impairment
          cadangan kerugian penurunan nilai.                              losses.

          Lihat Catatan 2c untuk kebijakan akuntansi                      Refer to Note 2c for the accounting policies of
          atas aset dan liabilitas keuangan.                              financial assets and liabilities.




                                                    Halaman - 58 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1269
Page 669
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       k.   Instrumen keuangan derivatif                                k.   Derivative financial instruments

            Dalam melakukan usaha bisnisnya, BNI                             In the normal course of its business, BNI
            melakukan transaksi instrumen keuangan                           enters into transactions involving derivative
            derivatif seperti kontrak berjangka mata uang                    financial instruments such as foreign currency
            asing, swap mata uang asing, swap atas suku                      forward contracts, foreign currency swaps,
            bunga, dan transaksi spot untuk mengelola                        interest rate swaps, and spot transactions to
            eksposur pada risiko pasar seperti risiko mata                   manage exposures on market risks, such as
            uang dan risiko tingkat suku bunga.                              currency risk and interest rate risks.

            Instrumen keuangan derivatif diakui di laporan                   Derivative financial instruments are recognised
            posisi keuangan konsolidasian pada nilai                         in the consolidated statement of financial
            wajar. Setiap kenaikan nilai wajar kontrak                       position at fair value. Each increase in fair
            derivatif dicatat sebagai aset apabila memiliki                  value derivative contract is carried as asset
            nilai wajar positif dan sebagai liabilitas apabila               when the fair value is positive and as liability
            memiliki nilai wajar negatif.                                    when the fair value is negative.

            Tagihan dan liabilitas derivatif diklasifikasikan                Derivative receivable and payable are
            sebagai aset dan liabilitas keuangan yang                        classified as financial assets and liabilities at
            diukur pada nilai wajar melalui laporan laba                     fair value through profit or loss.
            rugi.

            Keuntungan atau kerugian yang terjadi dari                       Gains or losses resulting from fair value
            perubahan nilai wajar diakui dalam laporan                       changes are recognised in the consolidated
            laba rugi konsolidasian.                                         statement of profit or loss.

            Nilai wajar instrumen derivatif ditentukan                       The fair value of derivative instruments is
            berdasarkan diskonto arus kas dan model                          determined based on discounted cash flows
            penentu harga atau harga yang diberikan oleh                     and pricing models or quoted prices from
            broker (quoted price) atas instrumen lainnya                     brokers of other instruments with similar
            yang memiliki karakteristik serupa.                              characteristics.

            Kontrak berjangka mata uang asing, swap                          Foreign currency forward contracts, foreign
            mata uang asing dan cross currency swap dan                      currency swaps, and cross currency and
            tingkat suku bunga swap dilakukan untuk                          interest rate swaps are for funding and trading
            tujuan pendanaan dan perdagangan.                                purposes.

       l.   Pinjaman yang diberikan                                     l.   Loans

            Pinjaman yang diberikan                                          Loans

            Pinjaman yang diberikan adalah penyediaan                        Loans represent funds provided or receivables
            uang atau tagihan yang dapat disetarakan                         that can be considered as equivalents thereof,
            dengan itu, berdasarkan persetujuan atau                         based on agreements or financing contracts
            kesepakatan pinjam-meminjam dengan debitur                       with borrowers, where borrowers are required
            yang mewajibkan debitur untuk melunasi utang                     to repay their debts with interest after a
            dan bunganya setelah jangka waktu tertentu,                      specified period, and matured trade finance
            dan tagihan yang berasal dari fasilitas trade                    facilities which have not been settled within 15
            finance yang telah jatuh tempo yang belum                        days.
            diselesaikan dalam waktu 15 hari.

            Pinjaman yang diberikan diklasifikasikan                         Loans are classified as amortised cost.
            sebagai biaya perolehan yang diamortisasi.




                                                       Halaman - 59 - Page
1270   Transforming the Future, Empowering Indonesia
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                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     l.   Pinjaman yang diberikan (lanjutan)                         l.   Loans (continued)

          Pinjaman yang diberikan pada awalnya diukur                     Loans are initially measured at fair value plus
          pada nilai wajar ditambah dengan biaya                          transaction costs that are directly attributable
          transaksi yang dapat diatribusikan secara                       to obtain financial assets, and after initial
          langsung untuk memperoleh aset keuangan                         recognition are measured at amortised cost
          tersebut, dan setelah pengakuan awal diukur                     based on the effective interest rate method
          pada      biaya     perolehan    diamortisasi                   less allowance for impairment losses.
          menggunakan metode suku bunga efektif
          dikurangi    dengan     cadangan    kerugian
          penurunan nilai.

          Pinjaman sindikasi dan pinjaman penerusan                       Syndicated loans and two step loans are
          dicatat sesuai dengan porsi pinjaman yang                       recorded according to the proportion of risks
          risikonya ditanggung oleh Grup.                                 borne by the Group.

          Lihat Catatan 2c untuk kebijakan akuntansi                      Refer to Note 2c for the accounting policies of
          atas aset dan liabilitas keuangan.                              financial assets and liabilities.

     m. Kontrak jaminan keuangan                                     m. Financial guarantee contracts

          Kontrak jaminan keuangan adalah kontrak                         Financial guarantee contracts are contracts
          yang mengharuskan penerbit untuk melakukan                      that require the issuer to make specified
          pembayaran yang ditetapkan untuk mengganti                      payments to reimburse the holder for a loss
          uang pemegang kontrak atas kerugian yang                        incurred because a specified debtor defaulted
          terjadi karena debitur tertentu gagal untuk                     to make payments when due, in accordance
          melakukan pembayaran pada saat jatuh                            with the terms of a debt instrument. Such
          tempo, sesuai dengan ketentuan dari                             financial guarantees are given to banks,
          instrumen hutang. Jaminan keuangan tersebut                     financial institutions and other institutions on
          diberikan       kepada    bank-bank,   lembaga                  behalf of customers to secure loans and other
          keuangan dan badan-badan lainnya atas                           banking facilities.
          nama debitur untuk menjamin kredit dan
          fasilitas-fasilitas perbankan lainnya.

          Jaminan keuangan diakui awalnya sebesar                         Financial guarantees are initially recognised at
          nilai wajar pada tanggal jaminan diberikan.                     fair value on the date the guarantee was given.
          Nilai wajar dari jaminan keuangan pada saat                     The fair value of a financial guarantee at
          dimulainya transaksi pada umumnya sama                          inception is likely to be equal to the premium
          dengan provisi yang diterima untuk jaminan                      received because all guarantees are agreed
          diberikan dengan syarat dan kondisi normal.                     on arm’s length terms. The fee income earned
          Pendapatan       provisi   yang    diperoleh                    is amortised over the period of guarantees
          diamortisasi selama jangka waktu jaminan                        using the straight line method.
          menggunakan metode garis lurus.

          Setelah pengakuan awal kontrak, jaminan                         After initial recognition of the contract, the
          keuangan dicatat pada nilai yang lebih tinggi                   financial guarantee is recorded at the higher of
          antara nilai wajar amortisasi dengan nilai                      the amortised fair value and the expected
          kerugian kredit ekspektasian sesuai PSAK 109                    credit loss value in accordance with SFAS 109
          “Instrumen Keuangan”.                                           “Financial Instrument”.

          Cadangan kerugian penurunan nilai atas                          Allowances for impairment on financial
          kontrak jaminan keuangan yang memiliki risiko                   guarantee contracts with credit risk are
          kredit dihitung berdasarkan model kerugian                      calculated based on expected credit losses
          ekspektasian.                                                   model.




                                                    Halaman - 60 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1271
Page 671
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       n.   Tagihan dan liabilitas akseptasi                            n.   Acceptance receivables and payables

            Tagihan akseptasi diklasifikasikan sebagai                       Acceptance receivables are classified as
            aset keuangan dalam kelompok biaya                               financial assets measured at amortised cost.
            perolehan diamortisasi. Liabilitas akseptasi                     Acceptance liabilities are classified financial
            diklasifikasikan sebagai liabilitas keuangan                     liabilities measured at amortised cost.
            yang diukur dengan biaya perolehan
            diamortisasi.

            Lihat Catatan 2c untuk kebijakan akuntansi                       Refer to Note 2c for the accounting policies of
            atas aset dan liabilitas keuangan.                               financial assets and liabilities.

       o.   Penyertaan saham                                            o.   Equity investments

            Penyertaan saham merupakan penanaman                             Equity investments represent investments in
            dana dalam bentuk saham pada perusahaan                          the form of shares of stock, in companies
            yang bergerak di bidang jasa keuangan untuk                      engaged in financial services held for long-
            tujuan jangka panjang.                                           term purposes.

            Investasi dengan persentase kepemilikan di                       Investments with an ownership interest below
            bawah 20% dan tidak memiliki pengaruh                            20% and have no significant influence
            signifikan yang diklasifikasikan sebagai aset                    classified as financial asset which held for sale
            keuangan yang dimiliki untuk dijual dicatat                      is measured at fair value through profit or loss.
            pada nilai wajar melalui laba rugi.

            Investasi dengan persentase kepemilikan di                       Investments with an ownership interest below
            bawah 20% dan tidak memiliki pengaruh                            20% and have no significant influence
            signifikan yang diklasifikasikan sebagai aset                    classified as financial asset which are not held
            keuangan yang dimiliki tidak untuk dijual                        for sale are measured at fair value through
            dicatat pada nilai wajar melalui penghasilan                     other comprehensive income.
            komprehensif lain.

            Penyertaan sementara pada perusahaan                             Temporary investments in debtor companies
            debitur timbul akibat konversi pinjaman yang                     arise    from     conversion   of   loans     to
            diberikan menjadi saham. Pada saat                               shares/equity. At initial recognition, shares
            pengakuan awal, saham yang diterima diakui                       received were recognised at fair value.
            dengan nilai wajar. Selanjutnya, saham                           Subsequently, the shares were recognised
            tersebut dinilai dengan menggunakan metode                       using equity method if BNI has significant
            ekuitas apabila BNI memiliki pengaruh                            influence over the investees or classified as
            signifikan      terhadap     investees    dan                    financial asset if BNI does not have significant
            diklasifikasikan sebagai aset keuangan apabila                   influence over the investees.
            BNI tidak memiliki pengaruh signifikan
            terhadap investees.

       p.   Aset tetap, aset hak-guna, liabilitas sewa                  p.   Fixed assets, right-of-use assets, lease
            dan aset takberwujud                                             liabilities and intangible assets

            Aset tetap                                                       Fixed assets

            Grup menerapkan kebijakan akuntansi model                        Group     applies   revaluation  model     as
            revaluasi untuk aset tetap berupa tanah dan                      accounting policy for land and buildings. For
            bangunan. Untuk aset tetap selain tanah dan                      fixed assets other than land and buildings, it
            bangunan menggunakan model biaya.                                applies cost model.




                                                       Halaman - 61 - Page
1272   Transforming the Future, Empowering Indonesia
Page 672
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     p.   Aset tetap, aset hak-guna, liabilitas sewa                 p.   Fixed assets, right-of-use assets, lease
          dan aset takberwujud (lanjutan)                                 liabilities and intangible assets (continued)

          Aset tetap (lanjutan)                                           Fixed assets (continued)

          Tanah dan bangunan disajikan sebesar nilai                      Land and buildings are shown at fair value,
          wajar, dikurangi akumulasi penyusutan untuk                     less accumulated depreciation for buildings.
          bangunan. Penilaian terhadap tanah dan                          Valuation of land and buildings are performed
          bangunan dilakukan oleh penilai independen                      by 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. The gross carrying
          material dengan nilai tercatatnya. Nilai tercatat               amount is adjusted in a manner that is
          bruto disesuaikan dengan cara yang konsisten                    consistent with the revaluation of the carrying
          dengan nilai tercatat revaluasi aset. Sebagai                   amount of the asset. For example, the gross
          contoh, nilai tercatat bruto dapat direvaluasi                  carrying amount may be revalued by reference
          dengan mengacu pada data pasar yang dapat                       to observable market data or it may be
          diobservasi atau dapat direvaluasi secara                       revalued proportionately to the change in
          proporsional dengan perubahan nilai tercatat.                   the carrying amount. The accumulated
          Akumulasi penyusutan pada tanggal revaluasi                     depreciation at the date of the revaluation is
          disesuaikan dengan selisih antara nilai tercatat                adjusted to equal the difference between the
          bruto dan nilai tercatat aset setelah                           gross carrying amount and the carrying
          memperhitungkan         akumulasi      kerugian                 amount of the assets after taking into account
          penurunan nilai.                                                accumulated impairment losses.

          Jika nilai wajar dari aset yang direvaluasi                     If the fair value of the revalued asset change
          mengalami perubahan yang signifikan, maka                       significantly, it is necessary to revaluate on an
          perlu direvaluasi secara tahunan, sedangkan                     annual basis, whereas if the fair value of the
          jika nilai wajar dari aset yang direvaluasi tidak               revaluated asset does not change significantly,
          mengalami perubahan yang signifikan, maka                       it is necessary to revaluate at a minimum
          perlu dilakukan revaluasi paling kurang 3                       every 3 years.
          tahun sekali.

          Kenaikan nilai tercatat yang timbul dari                        Increases in the carrying amount arising on
          revaluasi tanah dan bangunan dicatat sebagai                    revaluation of land and building is recorded in
          “Cadangan Revaluasi Aset” dan disajikan                         “Asset Revaluation Reserve” and presented as
          sebagai “Penghasilan Komprehensif Lain”.                        “Other Comprehensive Income”. Decreases in
          Penurunan nilai tercatat yang timbul dari                       carrying amount as the result of revaluation is
          revaluasi dicatat sebagai beban pada tahun                      recorded as expense in the current year. If the
          berjalan. Apabila aset tersebut memiliki saldo                  asset has a balance on its “Gain on
          “Keuntungan Revaluasi Aset Tetap” yang                          Revaluation of Fixed Assets”, loss from
          disajikan sebagai “Penghasilan Komprehensif                     revaluation of fixed asset is charged to “Gain
          Lain”, maka selisih penurunan nilai tercatat                    on Revaluation of Fixed Assets” which is
          tersebut dibebankan terhadap “Keuntungan                        presented as “Other Comprehensive Income”
          Revaluasi Aset Tetap” dan sisanya diakui                        and the rest of the amount is charged to
          sebagai beban tahun berjalan.                                   current year’s expenses.

          Aset tetap selain tanah dan bangunan                            Fixed assets besides land and buildings are
          disajikan sebesar harga perolehan dikurangi                     stated at historical cost less accumulated
          dengan akumulasi penyusutan.                                    depreciation.

          Biaya perolehan termasuk biaya penggantian                      Cost includes the replacement cost of a part of
          bagian aset tetap saat biaya tersebut terjadi,                  the fixed assets when the expenditure meets
          jika memenuhi kriteria pengakuan.                               the criteria for recognition.




                                                    Halaman - 62 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1273
Page 673
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       p.   Aset tetap, aset hak-guna, liabilitas sewa                  p.   Fixed assets, right-of-use assets, lease
            dan aset takberwujud (lanjutan)                                  liabilities and intangible assets (continued)

            Aset tetap (lanjutan)                                            Fixed assets (continued)

            Semua biaya pemeliharaan dan perbaikan                           All maintenance and repair costs which do not
            yang      tidak   memenuhi     kriteria  untuk                   fulfill the capitalization criteria, are recognised
            dikapitalisasi diakui dalam laporan laba rugi                    in profit or loss upon occurrence. At each
            pada saat terjadinya. Pada setiap akhir tahun                    financial year end, the assets’ residual values,
            buku, nilai residu, umur manfaat, dan metode                     useful life, and methods of depreciation are
            penyusutan ditelaah kembali dan jika sesuai                      reviewed, and adjusted prospectively as
            dengan       keadaan,    disesuaikan    secara                   appropriate.
            prospektif.

            Semua aset tetap kecuali tanah, disusutkan                       All fixed assets, except land, are depreciated
            berdasarkan metode garis lurus selama                            using the straight-line method over their
            estimasi masa manfaat aset tersebut sebagai                      expected useful lives as follows:
            berikut:
                                            Tarif Penyusutan/
                                            Depreciation Rate       Tahun/Years
            Bangunan                                     6.67%                       15                             Buildings
            Perlengkapan kantor dan                                                                         Office equipment
              kendaraan bermotor                        20.00%                        5                  and motor vehicles

            Perlengkapan kantor terdiri dari perabotan dan                   Office equipment consists of furniture and
            perlengkapan, instalasi, Anjungan Tunai                          fixtures,  installation, Automatic    Teller
            Mandiri (ATM), perangkat lunak dan perangkat                     Machines (ATM), computer software and
            keras komputer, peralatan komunikasi dan                         hardware, communication and other office
            peralatan kantor lainnya.                                        equipment.

            Grup menganalisa fakta dan keadaan untuk                         The Group analyses the facts and
            masing-masing jenis hak atas tanah dalam                         circumstances for each type of land rights in
            menentukan akuntansi untuk masing-masing                         determining the accounting for each of these
            hak atas tanah tersebut sehingga dapat                           land rights so that it can accurately represent
            merepresentasikan dengan tepat suatu                             an underlying economic event or transaction. If
            kejadian atau transaksi ekonomi yang                             the landrights do not transfer control of the
            mendasarinya. Jika hak atas tanah tersebut                       underlying assets to the Group, but gives the
            tidak mengalihkan pengendalian atas aset                         rights to use the underlying assets, the Group
            pendasar    kepada     Grup,    melainkan                        applies the accounting treatment of these
            mengalihkan hak untuk menggunakan aset                           transactions as leases under SFAS 116
            pendasar, Grup menerapkan perlakuan                              “Leases”, except if landrights substantially
            akuntansi atas transaksi tersebut sebagai                        similar to land purchases, the Group applies
            sewa berdasarkan PSAK 116 “Sewa”, kecuali                        SFAS 216 “Property, Plant and Equipment”.
            jika hak atas tanah secara substansi
            menyerupai pembelian tanah, maka Grup
            menerapkan PSAK 216 “Aset Tetap”.

            Apabila nilai tercatat aset lebih besar dari nilai               When the carrying amount of an asset is
            yang dapat diperoleh kembali, nilai tercatat                     greater than its estimated recoverable amount,
            aset diturunkan menjadi sebesar nilai yang                       it is written down to its recoverable amount,
            dapat diperoleh kembali, yang ditentukan                         which is determined as the higher of the net
            sebagai nilai tertinggi antara harga jual neto                   selling price or value in use.
            dan nilai yang dipakai.

            Apabila aset tetap tidak digunakan lagi atau                     When fixed assets are retired or disposed of,
            dijual, maka nilai perolehan dan akumulasi                       their costs and the related accumulated
            penyusutannya dihapuskan dari akun tersebut.                     depreciation are derecognised from the
            Keuntungan atau kerugian yang terjadi diakui                     accounts. Any resulting gain or loss is
            dalam laporan laba rugi.                                         recognised in profit or loss.



                                                       Halaman - 63 - Page
1274   Transforming the Future, Empowering Indonesia
Page 674
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     p.   Aset tetap, aset hak-guna, liabilitas sewa                 p.   Fixed assets, right-of-use assets, lease
          dan aset takberwujud (lanjutan)                                 liabilities and intangible assets (continued)

          Aset tetap (lanjutan)                                           Fixed assets (continued)

          Akumulasi biaya konstruksi aset tetap                           The accumulated costs of construction of fixed
          dikapitalisasi dan dicatat sebagai “Aset dalam                  assets are capitalised and recognised as
          Penyelesaian”. Biaya tersebut direklasifikasi ke                “Construction in progress”. These costs are
          akun aset tetap yang terkait pada saat proses                   reclassified to the related fixed asset account
          konstruksi atau pemasangan telah selesai.                       when the construction or installation is
                                                                          completed.

          Aset hak-guna dan liabilitas sewa                               Right-of-use assets and lease liabilities

          Pada tanggal permulaan kontrak, Grup menilai                    At the inception of a contract, the Group
          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 Group can
          jangka waktu untuk dipertukarkan dengan                         choose not to recognise the right-of-use assets
          imbalan. Grup dapat memilih untuk tidak                         and lease liabilities for:
          mengakui aset hak-guna dan liabilitas sewa
          untuk:

          •   Sewa dengan jangka waktu kurang atau                        •   Leases with a term of less or equal to
              sama dengan 12 bulan dan tidak terdapat                         12 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
          untuk mengendalikan penggunaan aset                             right to control the use of an identified asset,
          identifikasian, Grup harus menilai apakah:                      the Group shall assess whether:

          -   Grup memiliki hak untuk mendapatkan                         -   The Group has the right to obtain
              secara substansial seluruh manfaat                              substantially all the economic benefit from
              ekonomi       dari  penggunaan aset                             use of the asset throughout the period of
              identifikasian; dan                                             use; and

          -   Grup memiliki hak untuk mengarahkan                         -   The Group has the right to direct the use
              penggunaan aset identifikasian. Grup                            of the asset. The Group has described
              memiliki hak ini ketika Grup memiliki hak                       when it has a decision-making right that
              untuk pengambilan keputusan yang                                are the most relevant to changing how
              relevan tentang bagaimana dan untuk                             and for what purpose the asset is used
              tujuan apa aset digunakan telah                                 are predetermined:
              ditentukan sebelumnya:
              1. Grup       memiliki     hak      untuk                        1. The Group has the right to operate the
                  mengoperasikan aset; dan                                        asset; and
              2. Grup telah mendesain aset dengan                              2. The Group has designed the asset in
                  cara     menetapkan      sebelumnya                             a way that predetermine how and for
                  bagaimana dan untuk tujuan apa aset                             what purposes it will be used.
                  akan digunakan selama periode
                  penggunaan.




                                                    Halaman - 64 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1275
Page 675
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       p.   Aset tetap, aset hak-guna, liabilitas sewa                  p.   Fixed assets, right-of-use assets, lease
            dan aset takberwujud (lanjutan)                                  liabilities and intangible assets (continued)

            Aset hak-guna dan liabilitas sewa (lanjutan)                     Right-of-use assets and lease liabilities
                                                                             (continued)

            Pada tanggal permulaan sewa, Grup                                The Group recognises a right-of-use assets
            mengakui aset hak-guna dan liabilitas sewa.                      and a leases liability at the leases
            Aset hak-guna diukur pada biaya perolehan,                       commencement date. The right-of-use assets
            dimana meliputi jumlah pengukuran awal                           is initially measured at cost, which comprises
            liabilitas sewa yang disesuaikan dengan                          the initial amount of the leases liability
            pembayaran sewa yang dilakukan pada atau                         adjusted for any leases payment made at or
            sebelum tanggal permulaan, ditambah dengan                       before the commencement date, plus any
            biaya langsung awal yang dikeluarkan. Aset                       initial direct cost incurred. The right-of-use
            hak-guna diamortisasi dengan menggunakan                         assets is amortised over the straight-line
            metode garis lurus sepanjang jangka waktu                        method throughout the lease term.
            sewa.

            Liabilitas sewa diukur pada nilai kini                           The lease liability is initially measured at the
            pembayaran sewa yang belum dibayar pada                          present value of the lease payments that are
            tanggal permulaan, didiskontokan dengan                          not paid at the commencement date,
            menggunakan suku bunga implisit dalam sewa                       discounted using the interest rate implicit in the
            atau jika suku bunga tersebut tidak dapat                        lease or, if that rate cannot be readily
            ditentukan, maka menggunakan suku bunga                          determined, using incremental borrowing rate.
            pinjaman inkremental. Pada umumnya, Grup                         Generally, the Group uses its incremental
            menggunakan      suku      bunga     pinjaman                    borrowing rate as a discount rate.
            inkremental sebagai tingkat bunga diskonto.

            Pembayaran sewa dialokasikan menjadi                             Each leases payment is allocated between the
            bagian pokok dan biaya keuangan. Biaya                           liability and finance cost. The finance cost is
            keuangan dibebankan pada laba rugi selama                        charged to profit or loss over the leases period
            periode sewa sehingga menghasilkan tingkat                       so as to produce a constant periodic rate of
            suku bunga periodik yang konstan atas saldo                      interest on the remaining balance of the
            liabilitas untuk setiap periode.                                 liability for each period.

            Jika sewa mengalihkan kepemilikan aset                           If the leases transfers ownership of the
            pendasar kepada Grup pada akhir masa sewa                        underlying asset to the Group by the end of
            atau jika biaya perolehan aset hak-guna                          the leases term or if the cost of the right-of-use
            merefleksikan Grup akan mengeksekusi opsi                        assets reflects that the Group will exercise a
            beli, maka Grup menyusutkan aset hak-guna                        purchase option, the Group depreciates the
            dari tanggal permulaan hingga akhir umur                         right-of-use asset from the commencement
            manfaat aset pendasar. Jika tidak, maka Grup                     date to the end of the useful life of the
            menyusutkan aset hak-guna dari tanggal                           underlying asset. Otherwise, the Group
            permulaan hingga tanggal yang lebih awal                         depreciates the right-of-use assets from the
            antara akhir umur manfaat aset hak-guna atau                     commencement date to the earlier of the end
            akhir masa sewa.                                                 of the useful life of the right-of-use assets or
                                                                             the end of the leases term.




                                                       Halaman - 65 - Page
1276   Transforming the Future, Empowering Indonesia
Page 676
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)
     p.   Aset tetap, aset hak-guna, liabilitas sewa                 p.   Fixed assets, right-of-use assets, lease
          dan aset takberwujud (lanjutan)                                 liabilities and intangible assets (continued)

          Modifikasi sewa                                                 Lease modification

          Grup mencatat modifikasi sewa sebagai sewa                      The Group account for a lease modification as
          terpisah jika:                                                  a separate lease if both:
          - Modifikasi meningkatkan ruang lingkup                         -   The modification increases the scope of
              sewa dengan menambahkan hak untuk                               the lease by adding the right to use one or
              menggunakan satu aset pendasar atau                             more underlying assets;
              lebih;
          - Imbalan sewa meningkat sebesar jumlah                         -   The consideration for the lease increases
              yang setara dengan harga tersendiri untuk                       by an amount commensurate with the
              peningkatan dalam ruang lingkup dan                             stand-alone price for the increase in
              penyesuaian yang tepat pada harga                               scope and any appropriate adjustments to
              tersendiri tersebut untuk merefleksikan                         that stand-alone price to reflect the
              kondisi kontrak tertentu.                                       circumstances of the particular contract.

          Aset takberwujud                                                Intangible Assets

          Aset takberwujud diakui jika, dan hanya jika,                   Intangible assets are recognised if, and only if
          biaya perolehan aset tersebut dapat diukur                      the cost of the asset can be measured reliably
          secara andal dan kemungkinan besar Bank                         and it is probable that the Bank and
          dan Entitas Anak akan memperoleh manfaat                        Subsidiaries will obtain future economic
          ekonomis masa depan dari aset tersebut. Aset                    benefits from the asset. Intangible assets
          takberwujud terdiri dari goodwill, hubungan                     consist of goodwill, customer relationships and
          pelanggan dan merek dagang yang diperoleh                       trademarks acquired by the Bank and
          pada saat akuisisi.                                             Subsidiaries when acquisition.

          Lihat Catatan 2d untuk kebijakan akuntansi                      Refer to Note 2d for the accounting policies
          terkait goodwill.                                               of goodwill.

     q.   Agunan yang diambil alih                                   q.   Foreclosed collaterals

          Agunan yang diambil alih disajikan dalam akun                   Foreclosed collaterals are included in the
          “Aset Lain-lain”.                                               “Other Assets” account.
          Agunan yang diambil alih (AYDA) adalah aset                     Foreclosed collaterals represent assets
          yang diperoleh BNI dan Entitas Anak, baik                       acquired by BNI and Subsidiaries, both from
          melalui pelelangan maupun diluar pelelangan                     auction and non auction based on voluntary
          berdasarkan penyerahan secara sukarela oleh                     transfer by the debtor or based on debtor’s
          pemilik agunan atau berdasarkan kuasa untuk                     approval to sell the collateral where the debtor
          menjual diluar lelang dari pemilik agunan                       could not fulfill their obligations to BNI and
          dalam hal debitur tidak memenuhi liabilitasnya                  Subsidiaries. Foreclosed collaterals represent
          kepada BNI dan Entitas Anak. AYDA                               loan collateral that were taken over as part of
          merupakan jaminan kredit yang diberikan yang                    loans settlement and presented in “Other
          telah diambil alih sebagai bagian dari                          Assets”.
          penyelesaian kredit yang diberikan dan
          disajikan pada “Aset Lain-lain”.
          Agunan yang diambil alih diakui sebesar nilai                   Foreclosed collaterals are stated at net
          neto yang dapat direalisasi atau sebesar nilai                  realizable value or stated at loan outstanding
          outstanding kredit yang diberikan, mana yang                    amount, whichever is lower. Net realizable
          lebih rendah. Nilai neto yang dapat direalisasi                 value is the fair value of the foreclosed
          adalah nilai wajar agunan yang diambil alih                     collaterals less the estimated costs to sell the
          dikurangi dengan estimasi biaya untuk menjual                   assets. The excess of loan receivable over the
          agunan tersebut. Selisih lebih saldo kredit di                  net realizable value of the foreclosed collateral
          atas nilai neto yang dapat direalisasi dari                     is charged to allowance for impairment losses.
          agunan yang diambil alih dibebankan ke dalam                    The difference between the recorded amount
          akun cadangan kerugian penurunan nilai aset.                    of the foreclosed collateral and the proceeds
          Selisih antara nilai agunan yang diambil alih                   from the sale of such collateral is recorded as
          dengan hasil penjualan diakui sebagai                           a gain or loss at the time of sale.
          keuntungan atau kerugian pada saat
          penjualan.




                                                    Halaman - 66 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1277
Page 677
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)
       q.   Agunan yang diambil alih (lanjutan)                         q.   Foreclosed collaterals (continued)
            Beban-beban    yang     berkaitan    dengan                      Maintenance and repair costs related to
            pemeliharaan agunan yang diambil alih                            foreclosed collaterals are charged as an
            dibebankan dalam laporan laba rugi pada saat                     expense in profit or loss when incurred.
            terjadinya.
            Bila terjadi penurunan nilai yang bersifat                       If there is permanent decline in value, the
            permanen, maka nilai tercatatnya dikurangi                       carrying amount of foreclosed collaterals is
            untuk mengakui penurunan tersebut dan                            written down to recognise such permanent
            kerugiannya dibebankan dalam laporan laba                        decline in value and any losses from such
            rugi.                                                            write-down is recognised in profit or loss.

       r.   Liabilitas segera                                           r.   Obligations due immediately

            Liabilitas segera dicatat pada saat liabilitas                   Obligations due immediately are recorded at
            kepada masyarakat maupun kepada bank lain                        the time obligations to public customers or
            timbul.                                                          other banks arise.

            Akun ini diklasifikasikan sebagai liabilitas                     This account is classified as other financial
            keuangan lain dan dihitung berdasarkan biaya                     liabilities and is measured at amortised cost.
            perolehan diamortisasi.

            Lihat Catatan 2c untuk kebijakan akuntansi                       Refer to Note 2c for the accounting policies of
            atas aset dan liabilitas keuangan.                               financial assets and liabilities.

       s.   Simpanan nasabah                                            s.   Deposits from customers

            Tabungan merupakan simpanan nasabah di                           Savings account represent deposits of
            BNI dan Entitas Anak yang bergerak di bidang                     customers in BNI and a Subsidiary engaged in
            perbankan yang penarikannya hanya dapat                          banking that may only be withdrawn over the
            dilakukan melalui counter dan Anjungan Tunai                     counter and via ATMs or funds transfers by
            Mandiri    (ATM)      atau    dengan     cara                    SMS Banking, Phone Banking, Mobile Banking
            pemindahbukuan melalui SMS Banking,                              and Internet Banking when certain agreed
            Phone Banking, Mobile Banking dan Internet                       conditions are met, but which may not be
            Banking jika memenuhi persyaratan yang                           withdrawn by cheque or other equivalent
            disepakati, tetapi penarikan tidak dapat                         instruments.
            dilaksanakan dengan menggunakan cek atau
            instrumen setara lainnya.

            Deposito berjangka merupakan simpanan                            Time deposits represent customer’s deposits
            nasabah di BNI dan Entitas Anak yang                             in BNI and a Subsidiary engaged in banking
            bergerak    di   bidang    perbankan     yang                    that may be withdrawn at a certain time based
            penarikannya hanya dapat dilakukan pada                          on the agreement between the depositor and
            waktu tertentu sesuai dengan perjanjian antara                   BNI and a Subsidiary engaged in banking.
            nasabah dengan BNI dan Entitas Anak yang
            bergerak di bidang perbankan.

            Simpanan nasabah diklasifikasikan sebagai                        Deposits from customers are classified as
            liabilitas keuangan lain yang diukur dengan                      other financial liabilities which are measured at
            biaya perolehan diamortisasi menggunakan                         amortised cost using effective interest rate
            metode suku bunga efektif. Biaya tambahan                        method. Incremental costs directly attributable
            yang dapat diatribusikan secara langsung                         to the acquisition of deposits from customers
            dengan       perolehan  simpanan    nasabah                      are deducted from the amount of deposits.
            dikurangkan dari jumlah simpanan yang
            diterima.

            Lihat Catatan 2c untuk kebijakan akuntansi                       Refer to Note 2c for the accounting policies of
            atas aset dan liabilitas keuangan.                               financial assets and liabilities.




                                                       Halaman - 67 - Page
1278   Transforming the Future, Empowering Indonesia
Page 678
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     t.   Simpanan dari bank lain                                    t.   Deposits from other banks

          Simpanan dari bank lain terdiri dari liabilitas                 Deposits from other banks represent liabilities
          terhadap bank lain baik lokal maupun luar                       to local and overseas banks, in the form of
          negeri, dalam bentuk giro, inter-bank call                      current accounts, inter-bank call money with
          money dengan periode jatuh tempo menurut                        original maturities of 90 days or less, time
          perjanjian kurang dari atau 90 hari, deposito                   deposits and certificates of deposits.
          berjangka dan sertifikat deposito.

          Simpanan dari bank lain diklasifikasikan                        Deposits from other banks are classified as
          sebagai liabilitas keuangan lain yang diukur                    other financial liabilities which are measured at
          dengan biaya perolehan diamortisasi dengan                      amortised cost using effective interest rate
          menggunakan metode suku bunga efektif.                          method. Incremental costs directly attributable
          Biaya tambahan yang dapat diatribusikan                         to the acquisition of deposits from other banks
          secara langsung dengan perolehan simpanan                       are deducted from the amount of deposits.
          dari bank lain dikurangkan dari jumlah
          simpanan yang diterima.

          Lihat Catatan 2c untuk kebijakan akuntansi                      Refer to Note 2c for the accounting policies of
          atas aset dan liabilitas keuangan.                              financial assets and liabilities.

     u.   Efek-efek yang diterbitkan                                 u.   Securities issued

          Efek-efek yang diterbitkan terdiri dari obligasi                Securities issued consist of bonds issued by
          yang diterbitkan oleh Grup.                                     the Group.

          Efek-efek yang diterbitkan diklasifikasikan                     Securities issued are classified as other
          sebagai liabilitas keuangan lain yang diukur                    financial liabilities which are measured at
          dengan biaya perolehan diamortisasi. Biaya                      amortised cost. Incremental costs directly
          tambahan yang dapat diatribusikan secara                        attributable to the issuance of marketable
          langsung dengan penerbitan efek dikurangkan                     securities are deducted from the amount of
          dari jumlah efek-efek yang diterbitkan.                         securities issued.

          Obligasi yang diterbitkan dicatat sebesar nilai                 Bonds issued are presented at nominal value
          nominal dikurangi saldo diskonto yang belum                     net of unamortised discount. Costs incurred
          diamortisasi.  Biaya-biaya      yang    terjadi                 related to the bond issuance are presented as
          sehubungan dengan penerbitan obligasi                           deduction from the proceeds of bonds issued
          dicatat sebagai pengurang hasil emisi dan                       and amortised over the term of the bonds
          diamortisasi selama jangka waktu obligasi                       using the effective interest rate method.
          dengan menggunakan metode suku bunga
          efektif.

          Lihat Catatan 2c untuk kebijakan akuntansi                      Refer to Note 2c for the accounting policies of
          atas aset dan liabilitas keuangan.                              financial assets and liabilities.

     v.   Pinjaman yang diterima                                     v.   Borrowings

          Pinjaman diterima merupakan dana yang                           Borrowings are funds received from other
          diterima dari bank lain, Bank Indonesia atau                    bank, Bank Indonesia or other parties with
          pihak lain dengan liabilitas pembayaran                         payment obligation based on borrowings
          kembali sesuai dengan persyaratan perjanjian                    agreement.
          pinjaman.




                                                    Halaman - 68 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1279
Page 679
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                      POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       v.   Pinjaman yang diterima (lanjutan)                           v.   Borrowings (continued)

            Pinjaman diterima diakui sebesar nilai wajar                     Borrowings are initially recognised at fair value
            pada awalnya dan selanjutnya diukur sebesar                      and subsequently measured at amortised cost
            biaya    perolehan    diamortisasi    dengan                     using the effective interest rate method.
            menggunakan metode suku bunga efektif.                           Amortised cost is calculated by taking into
            Biaya perolehan diamortisasi dihitung dengan                     account any discount or premium related to
            memperhitungkan adanya diskonto atau premi                       the initial recognition of borrowings and
            terkait dengan pengakuan awal pinjaman                           transaction costs are an integral part of the
            diterima dan biaya transaksi merupakan                           effective interest rate method.
            bagian tidak terpisahkan dari metode suku
            bunga efektif.

            Lihat Catatan 2c untuk kebijakan akuntansi                       Refer to Note 2c for the accounting policies of
            atas aset dan liabilitas keuangan.                               financial assets and liabilities.

       w. Pendapatan bunga dan beban bunga                              w. Interest income and interest expense

            Pendapatan dan beban bunga untuk semua                           Interest income and expense for all interest-
            instrumen keuangan yang dikenakan suku                           bearing financial instruments are recognised in
            bunga diakui pada laporan laba rugi dengan                       profit or loss using the effective interest rate
            menggunakan metode suku bunga efektif.                           method.

            Suku bunga efektif adalah suku bunga yang                        The effective interest rate is the rate that
            secara      tepat    mendiskontokan     estimasi                 exactly discounts the estimated future cash
            pembayaran atau penerimaan kas di masa                           payments or receipts through the expected life
            datang selama perkiraan umur dari aset                           of the financial assets and financial liabilities
            keuangan atau liabilitas keuangan (atau, jika                    (or, where appropriate, a shorter period) to the
            lebih tepat, digunakan periode yang lebih                        carrying amount of the financial asset or
            singkat) untuk memperoleh nilai tercatat bersih                  financial liability. When calculating the effective
            dari instrumen keuangan atau liabilitas                          interest rate, the Group estimates future cash
            keuangan. Pada saat menghitung suku bunga                        flows considering all contractual terms of the
            efektif, Grup mengestimasi arus kas di masa                      financial instrument but not future credit
            datang dengan mempertimbangkan seluruh                           losses.      This     calculation   includes     all
            persyaratan kontraktual dalam instrumen                          commissions, fees, and other forms received
            keuangan          tersebut,     tetapi      tidak                by the parties in the contract are an integral
            mempertimbangkan kerugian kredit di masa                         part of the effective interest rate, transaction
            mendatang. Perhitungan ini mencakup seluruh                      costs, and all other premiums or discounts.
            komisi, provisi, dan bentuk lain diterima oleh
            para pihak dalam kontrak yang merupakan
            bagian tidak terpisahkan dari suku bunga
            efektif, biaya transaksi, dan seluruh premi atau
            diskon lainnya.

            Kredit yang pembayaran angsuran pokok atau                       Loans for which the principal or interest has
            bunganya telah lewat 90 hari atau lebih                          been past due for 90 days or more, or where
            setelah jatuh tempo, atau kredit yang                            reasonable doubt exists as to its timely
            pembayarannya secara tepat waktu diragukan,                      collection, are generally classified as impaired
            secara umum diklasifikasikan sebagai kredit                      loans.
            yang mengalami penurunan nilai (impairment).




                                                       Halaman - 69 - Page
1280   Transforming the Future, Empowering Indonesia
Page 680
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     x.   Pendapatan provisi dan komisi                              x.   Fees and commission income

          Pendapatan provisi dan komisi yang berkaitan                    Fees and commissions directly related to
          langsung dengan kegiatan pinjaman, atau                         lending activities, or fee and commission
          pendapatan       provisi   dan   komisi    yang                 income which relates to a specific period, is
          berhubungan dengan jangka waktu tertentu,                       amortised over the term of contract using the
          diamortisasi sesuai dengan jangka waktu                         effective interest rate method and classified as
          kontrak menggunakan metode suku bunga                           part of interest income in profit or loss.
          efektif dan diklasifikasikan sebagai bagian dari
          pendapatan bunga pada laporan laba rugi.

          Pendapatan provisi dan komisi yang tidak                        Fees and commissions income which are not
          berkaitan dengan kegiatan pemberian kredit                      related to lending activities or a specific period
          atau suatu jangka waktu diakui sebagai                          are recognised as revenues on the transaction
          pendapatan pada saat terjadinya transaksi                       date as other operating income.
          sebagai pendapatan operasional lainnya.

     y.   Kontrak asuransi                                           y.   Insurance contract

          Kontrak asuransi adalah kontrak yang                            Insurance contract is contract issued by
          diterbitkan oleh perusahaan asuransi dimana                     insurance company which accepts significant
          pada saat penerbitan polis perusahaan                           insurance risk from policyholder upon the
          asuransi menerima risiko asuransi yang                          issuance of the policy.
          signifikan dari pemegang polis.

          Risiko asuransi yang signifikan adalah                          Significant insurance risk is the possibility of
          kemungkinan untuk membayar manfaat secara                       paying significantly more benefit to the
          signifikan kepada pemegang polis apabila                        policyholder upon the occurrence of insured
          suatu kejadian yang diasuransikan terjadi                       event compared to the minimum benefit
          dibandingkan dengan manfaat minimum yang                        payable in a scenario where the insured event
          akan     dibayarkan   apabila    risiko  yang                   does not occur. Scenarios considered are
          diasuransikan tidak terjadi. Skenario-skenario                  those with commercial substance.
          yang diperhatikan adalah skenario yang
          mengandung unsur komersial.

          Grup mendefinisikan risiko asuransi yang                        Group defines significant insurance risk as the
          signifikan sebagai kemungkinan membayar                         possibility of having to pay benefits on the
          manfaat pada saat terjadinya suatu kejadian                     occurrence of an insured event of at least 10%
          yang diasuransikan, yang setidaknya 10%                         more than the benefits payable if the insured
          lebih besar dari manfaat yang dibayarkan jika                   event did not occur. If the insurance contract
          kejadian yang diasuransikan tidak terjadi. Jika                 does not contain significant insurance risk, the
          suatu kontrak asuransi tidak mengandung                         contract will be deemed as an investment
          risiko asuransi yang signifikan, maka kontrak                   contract. Once a contract has been classified
          tersebut diklasifikasikan sebagai kontrak                       as an insurance contract, no reclassification
          investasi. Ketika sebuah kontrak telah                          can be performed unless the terms of the
          diklasifikasi   sebagai   kontrak    asuransi,                  agreement are later amended.
          reklasifikasi terhadap kontrak tersebut tidak
          dapat dilakukan kecuali ketentuan perjanjian
          kemudian diamendemen.




                                                    Halaman - 70 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1281
Page 681
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                     FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                     31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)               (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI             2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                                  INFORMATION (continued)

       y.   Kontrak asuransi (lanjutan)                                     y.     Insurance contract (continued)

            Grup menerbitkan kontrak asuransi untuk                                Group issues insurance contracts for traditional
            produk asuransi tradisional dan produk                                 insurance product and investment linked
            asuransi yang dikaitkan dengan investasi.                              insurance product. Both of these products
            Kedua jenis produk ini mempunyai risiko                                have significant insurance risk.
            asuransi yang signifikan.

            Produk-produk dari Grup dibagi berdasarkan                             Group’s products may be divided into the
            kategori utama sebagai berikut:                                        following main categories:

                          Tipe polis/                                             Deskripsi manfaat/
                          Policy type                                            Description of benefits

            1)   Asuransi jiwa tradisional non-        Produk non-participating memberikan perlindungan untuk menutupi
                 participating/Traditional non-        risiko kematian, kecelakaan, penyakit kritis, dan kesehatan dari
                 participating life insurance          pemegang polis. Jumlah uang pertanggungan akan dibayarkan pada
                                                       saat terjadinya risiko yang ditanggung./Non participating products
                                                       provide protection to cover the risk of death, accident, critical illness,
                                                       and health of the insured. The basic sum assured will be paid upon the
                                                       occurrence of the risks covered.


            2)   Produk asuransi unit link/            Unit link adalah produk asuransi dengan pembayaran premi tunggal
                 Unit-linked insurance                 maupun regular yang dikaitkan dengan investasi yang memberikan
                 products                              kombinasi manfaat proteksi dan manfaat investasi./Unit-linked is the
                                                       insurance product with single and regular premium payment which
                                                       linked to investment products, which provide a combined benefit of the
                                                       protection and investment.

                                                       Manfaat dari perlindungan asuransi adalah untuk menanggung risiko
                                                       kematian yang memberikan manfaat sebesar nilai uang
                                                       pertanggungan dan ditambah manfaat investasi berupa akumulasi nilai
                                                       dana investasi yang akan dibayarkan pada saat terjadinya risiko yang
                                                       ditanggung./The benefit of protection is to cover the risks of death
                                                       which provide basic sum assured plus the cumulative balance of the
                                                       fund value, these benefit will be paid upon the occurrence of the risks
                                                       covered.

                                                       Nilai dana investasi akan dihitung berdasarkan tingkat pengembalian
                                                       investasi yang didapat dari fund tergantung dari tipe fund yang dipilih
                                                       oleh pemegang polis berdasarkan profil risiko investasi./The
                                                       investment fund value will be measured based on the yield of return
                                                       from the underlying fund depend on the fund type which is chosen by
                                                       the policyholders, depending on investment risk profile.




                                                        Halaman - 71 - Page
1282   Transforming the Future, Empowering Indonesia
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                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                        POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)
     y.   Kontrak asuransi (lanjutan)                                y.   Insurance contract (continued)

          Grup memisahkan komponen deposit dari                           Group unbundles the deposit component of
          kontrak unit link seperti yang disyaratkan oleh                 unit-linked contract as required by SFAS 104
          PSAK 104 hanya jika kondisi-kondisi di bawah                    only when both of the following conditions are
          ini terpenuhi:                                                  met:

          -   Grup dapat mengukur komponen “deposit”                      -   Group can measure separately the
              secara     terpisah    (termasuk     opsi                       “deposit” component (including any
              penyerahan      melekat,    yaitu  tanpa                        embedded surrender option, i.e. without
              memperhitungkan komponen “asuransi”);                           taking into account the “insurance”
              dan                                                             component); and
          -   Kebijakan     akuntansi     Grup    tidak                   -   Group’s accounting policies do not
              mensyaratkan untuk mengakui semua hak                           otherwise require to recognise all
              dan kewajiban yang timbul dari komponen                         obligations and rights arising from the
              “deposit”.                                                      “deposit” component.

          Karena hanya kondisi pertama di atas                            Since only the first condition above is met,
          terpenuhi, maka Grup tidak memisahkan                           Group does not unbundle the deposit
          komponen deposit dari kontrak unit link.                        component of unit-linked contract.

          Pengujian kecukupan liabilitas                                  Liability adequacy tests

          PSAK 104 ‘’Kontrak Asuransi’’ mengharuskan                      SFAS 104 ‘’Insurance Contracts’’ requires that
          setiap akhir periode pelaporan, Grup menilai                    at each end of reporting period, Group
          apakah liabilitas manfaat polis masa depan,                     evaluates whether the liabilities for future
          premi yang belum merupakan pendapatan dan                       policy benefits, unearned premium and
          estimasi klaim yang diakui dalam laporan                        estimated claims as recognised in the
          posisi    keuangan     konsolidasian   telah                    consolidated statement of financial position
          mencukupi, dengan membandingkan total                           have been adequately recognised by
          tercatat tersebut dengan estimasi arus kas                      comparing the carrying amount with the
          masa depan sesuai dengan kontrak asuransi.
                                                                          estimated future cash flows in accordance with
                                                                          the insurance contracts.
          Jika perbandingan tersebut menunjukkan                          If the valuation indicates that the carrying value
          bahwa nilai tercatat atas liabilitas kontrak                    of insurance contract liabilities (net of deferred
          asuransi (dikurangi dengan biaya akuisisi                       acquisition costs and relevant intangible
          tangguhan dan aset takberwujud terkait) lebih                   assets) is lower compared to the estimated
          rendah dibandingkan dengan estimasi nilai kini                  present value of future cash flows, then such
          atas arus kas masa depan, maka kekurangan                       deficiency is recognised in the consolidated
          tersebut diakui dalam laporan laba rugi dan                     statement of profit or loss and other
          penghasilan komprehensif lain konsolidasian.                    comprehensive income.

          Tes kecukupan liabilitas dihitung berdasarkan                   The liability adequacy test is calculated based
          diskonto dari arus kas untuk semua arus kas                     on discounted cash flows basis for all related
          yang terkait yaitu arus kas keluar dan arus kas                 cash flows i.e. both of cash outflows and cash
          masuk seperti yang disebutkan di atas dengan                    inflows as mentioned above using a set of
          menggunakan         asumsi-asumsi       aktuaria                most     recent     best   estimate     actuarial
          berdasarkan estimasi terbaik terkini yang                       assumptions which is set by the Company’s
          ditetapkan     oleh    aktuaris     Perusahaan,                 appointed actuary, including interest rate
          termasuk        asumsi       tingkat     bunga,                 assumptions, mortality/morbidity assumptions,
          mortalitas/morbiditas, lapse, asumsi biaya dan                  lapse assumptions, expense assumptions and
          inflasi tanpa margin atas risiko pemburukan                     inflation assumptions without margin for
          (dan tanpa flooring atas cadangan untuk bisnis                  adverse deviation assumption (and without
          Konvensional).                                                  reserve flooring for Conventional business).




                                                    Halaman - 72 - Page                               2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1283
Page 683
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI          2.   MATERIAL       ACCOUNTING                      POLICY
       MATERIAL (lanjutan)                                               INFORMATION (continued)
       y.   Kontrak asuransi (lanjutan)                                  y.   Insurance contract (continued)

            Pengujian kecukupan liabilitas (lanjutan)                         Liability adequacy tests (continued)

            Grup menerapkan metode Gross Premium                              Group applies the Gross Premium Valuation
            Valuation dalam perhitungan liabilitas kepada                     method to calculate the liability for future policy
            pemegang polis dengan menggunakan asumsi                          benefit based on actuarial assumptions which
            aktuaria berdasarkan asumsi estimasi terbaik                      are based on best estimate assumptions and
            dan margin atas risiko pemburukan, kecuali                        margin for adverse deviation, except for
            untuk       asumsi     biaya    (untuk   bisnis                   expense assumptions (for Conventional
            Konvensional) dan asumsi tingkat bunga,                           business) and interest rate assumptions,
            sehingga tes kecukupan liabilitas perlu                           therefore, the liability adequacy test is
            dilakukan. Berdasarkan hasil uji, estimasi                        required. Based on the assessment, the
            liabilitas lebih tinggi dari estimasi arus kas                    estimated liability is higher than the measure of
            yang memenuhi persyaratan minimum yang                            cash flows that meet the minimum requirement
            menunjukan bahwa estimasi liabilitas tersebut                     which shows that the estimated liability is
            cukup.                                                            adequate.

            Pengakuan pendapatan premi                                        Premium income recognition

            Premi kontrak jangka pendek diakui sebagai                        Premiums received from short-term insurance
            pendapatan dalam periode kontrak sesuai                           contracts are recognised as income within the
            dengan proporsi total proteksi asuransi yang                      contract period based on the insurance
            diberikan. Premi kontrak jangka panjang diakui                    coverage provided. Premium income from long
            sebagai pendapatan pada saat polis jatuh                          duration contracts is recognised as revenue
            tempo.                                                            when the policy is due.

            Pendapatan premi yang diterima sebelum                            Premium income received before the due date
            jatuh tempo polis dicatat sebagai titipan premi                   of the respective policies are reported as
            di laporan posisi keuangan.                                       policyholders’ deposits in the statement of
                                                                              financial position.

            Premi reasuransi bruto diakui sebagai beban                       Gross reinsurance premiums are recognised
            pada saat dibayarkan atau pada tanggal di                         as an expense when payable or on the date in
            mana polis tersebut efektif.                                      which the policy becomes effective.

            Grup menghitung cadangan atas premi yang                          The Group calculates unearned premium
            belum  merupakan    pendapatan      dengan                        reserves using daily amortization method.
            menggunakan metode amortisasi harian.

            Cadangan atas premi yang belum merupakan                          Unearned premium reserves only apply to
            pendapatan hanya diterapkan terhadap premi                        premiums that are short-term with less than
            yang mempunyai risiko (asuransi jangka                            one year insurance period which have risk
            warsa, kecelakaan diri, dan kesehatan) yang                       component only (term life, personal accident,
            periode asuransinya tidak lebih dari satu                         and health insurance).
            tahun.

            Penurunan/(kenaikan) cadangan atas premi                          Decrease/(increase) in unearned premium
            yang belum merupakan pendapatan diakui                            reserves is recognised in the current year’s
            dalam laporan laba rugi periode berjalan.                         profit or loss.                              Ujrah/fee rec

            Ujrah/fee yang diterima oleh Grup diakui                          Ujrah/fee received by the Group is recognised
            sebagai pendapatan dalam laporan laba rugi                        as income in the statement of profit or loss and
            dan penghasilan komprehensif lain. Ujrah                          other comprehensive income. Ujrah is
            diamortisasi menggunakan metode garis lurus.                      amortised using straight-line method.




                                                        Halaman - 73 - Page
1284   Transforming the Future, Empowering Indonesia
Page 684
                                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

                CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
                KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
                31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
                (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

               2.   INFORMASI       KEBIJAKAN                AKUNTANSI            2.   MATERIAL       ACCOUNTING                      POLICY
                    MATERIAL (lanjutan)                                                INFORMATION (continued)

                    y.   Kontrak asuransi (lanjutan)                                   y.   Insurance contract (continued)

                         Reasuransi                                                         Reinsurance

                         Grup     mereasuransikan     sebagian     porsi                    Group reinsures a portion of its risk with
                         risikonya kepada perusahaan reasuradur.                            reinsurance companies. The amount of
                         Total premi yang dibayar atau porsi premi atas                     premium paid or portion of premium from
                         transaksi reasuransi prospektif diakui sesuai                      prospective reinsurance transactions is
                         dengan proporsi total proteksi reasuransi yang                     recognised over the reinsurance contract in
                         diterima berdasarkan kontrak reasuransi.                           proportion with the protection received.

                         Aset reasuransi termasuk saldo yang                                Reinsurance      assets    include    balances
                         diharapkan dibayarkan oleh perusahaan                              expected to be recovered from reinsurance
                         reasuransi untuk ceded liabilitas manfaat polis                    companies for ceded liability for future policy
                         masa depan, ceded estimasi liabilitas klaim                        benefits, ceded estimated claim liabilities and
                         dan ceded premi yang belum merupakan                               ceded      unearned     premiums.      Amounts
                         pendapatan. Total manfaat yang ditanggung                          recoverable from reinsurers are estimated in a
                         oleh reasuradur diperkirakan secara konsisten                      manner consistent with the liability associated
                         sesuai dengan liabilitas yang terkait dengan                       with the reinsured policy.
                         polis reasuransi.

                         Jika aset reasuransi mengalami penurunan                           If a reinsurance asset is impaired, Group
                         nilai, Grup mengurangi nilai tercatat dan                          reduces the carrying amount and recognises
                         mengakui kerugian penurunan nilai tersebut                         the impairment loss in the         consolidated
                         dalam laporan laba rugi dan penghasilan                            statement of profit or loss and other
                         komprehensif     lain    konsolidasian.  Aset                      comprehensive income. A reinsurance asset is
                         reasuransi mengalami penurunan nilai jika ada                      impaired if there is objective evidence, as a
                         bukti obyektif, sebagai akibat dari suatu                          result of an event that occurred after initial
                         peristiwa yang terjadi setelah pengakuan awal                      recognition of the reinsurance asset, that
                         aset reasuransi, bahwa Grup tidak dapat                            Group may not receive all amounts due to it
                         menerima seluruh total karena di bawah                             under the terms of the contract, and the impact
                         syarat-syarat kontrak, dan dampak pada total                       of the amounts that will receive from the
                         yang akan diterima dari reasuradur dapat                           reinsurer can be reliably measured.
                         diukur secara andal.

                         Klaim dan manfaat polis                                            Claims and policy benefits

                      Klaim dan manfaat polis terdiri dari klaim yang                   Claims and policy benefits consist of settled
                      telah diselesaikan, klaim dalam proses                            claims, claims that are still in process of
                      penyelesaian dan estimasi atas klaim yang                         completion and estimate of claims incurred but
                      telah terjadi namun belum dilaporkan (IBNR).                      not yet reported (IBNR). Claims and policy
                      Klaim dan manfaat polis diakui sebagai beban                      benefits are recognised as expenses when the
                      pada     saat     terjadinya   liabilitas   untuk                 liabilities to cover claims are incurred.
                      memberikan proteksi. Klaim reasuransi yang                        Reinsurance         claims      recoveries    from
                      diperoleh dari Grup diakui dan dicatat sebagai                    reinsurance Group are recognised and
                      pengurang klaim dan manfaat polis pada                            recorded as deduction from claims and policy
                      periode     yang      sama   dengan       periode                 benefits consistent in the same period with the
                      pengakuan    klaim dan  manfaat  polis.                           claims
ceived by the Company is recognised as income in the statement of profit or loss and other        and policiesincome.
                                                                                           comprehensive        benefitsUjrah
                                                                                                                         recognition.
                                                                                                                              are amortised using straight-




                                                                    Halaman - 74 - Page                               2024 Annual Report
                                                                                                    PT Bank Negara Indonesia (Persero) Tbk
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Page 685
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       y.   Kontrak asuransi (lanjutan)                                 y.   Insurance contract (continued)

            Klaim dan manfaat polis (lanjutan)                               Claims and policy benefits (continued)

            Total klaim dalam penyelesaian, termasuk                         Total claims in process, including claims
            klaim yang telah terjadi namun belum                             incurred but not yet reported, are stated at
            dilaporkan, dinyatakan berdasarkan estimasi                      estimated amounts determined based on the
            menggunakan teknik perhitungan teknis oleh                       actuarial technical insurance calculations
            aktuaris yang dilaporkan sebagai bagian dari                     which is reported as part of “Estimated claim
            ”Estimasi liabilitas klaim” yang diakui pada                     liabilities”   which     recognised      in    the
            laporan keuangan konsolidasian di liabilitas                     consolidated statement of financial position in
            lain-lain. Perubahan dalam estimasi liabilitas                   other liabilities. Changes in estimated claim
            klaim, sebagai hasil dari evaluasi lebih lanjut                  liabilities as a result of further evaluation and
            dan perbedaan antara estimasi klaim dengan                       the difference between estimated claims and
            klaim yang dibayarkan, diakui sebagai biaya                      paid claims are recognised as addition to or
            tambahan atau pengurang biaya pada periode                       deduction from expenses in the period the
            terjadinya perubahan.                                            changes occurred.

            Utang klaim                                                      Claims payable

            Utang klaim merupakan liabilitas yang timbul                     Claims payable represents liability arising from
            dari klaim yang diajukan oleh pemegang polis                     the submitted claim by policyholders and
            dan disetujui oleh Grup tetapi belum dibayar                     approved by the Group but not yet paid as of
            hingga tanggal laporan posisi keuangan.                          statement of financial position date. Claims
            Utang klaim diakui pada saat total yang harus                    payable is recognised at the time the amount
            dibayar disetujui. Liabilitas tersebut dihentikan                to be paid is approved. The liability is
            pengakuannya pada saat kontrak berakhir,                         derecognised when the contract expires,
            dilepaskan atau dibatalkan.                                      discharged or cancelled.

            Liabilitas manfaat polis masa depan                              Liability for future policy benefits

            Liabilitas   manfaat     polis  masa    depan                    The liabilities for future policy benefits
            merupakan nilai sekarang estimasi manfaat                        represent the present value of estimated future
            polis masa depan yang akan dibayarkan                            policy benefits to be paid to policyholders or
            kepada pemegang polis atau ahli warisnya                         their heirs less present value of estimated
            dikurangi dengan nilai sekarang dari estimasi                    future premiums to be received from the
            premi masa depan yang akan diterima dari                         policyholders and recognised consistently with
            pemegang polis dan diakui secara konsisten                       the recognition of premium income. The
            pada saat pengakuan pendapatan premi.                            liabilities for future policy benefits are
            Liabilitas manfaat polis masa depan ditentukan                   determined and computed based on certain
            dan dihitung dengan menggunakan rumus                            formula by Group’s actuary.
            tertentu oleh aktuaris Grup.

            Grup menghitung liabilitas manfaat polis masa                    Group calculates the liabilities for future policy
            depan dengan menggunakan metode Gross                            benefits using Gross Premium Valuation
            Premium Valuation yang mencerminkan nilai                        method that reflect the present value of
            sekarang estimasi pembayaran seluruh                             estimated    payments         throughout      the
            manfaat yang diperjanjikan termasuk seluruh                      guaranteed benefits including all the
            opsi yang disediakan, nilai sekarang estimasi                    embedded options available, the estimated
            seluruh biaya yang dikeluarkan dan juga                          present value of all handling costs incurred
            mempertimbangkan penerimaan premi           di                   and also considering the future premium
            masa depan.                                                      receipt.

            Perubahan liabilitas manfaat polis masa depan                    Changes in the liabilities for future policy
            diakui dalam laba rugi tahun berjalan.                           benefits are recognised in the current year’s
                                                                             profit or loss.




                                                       Halaman - 75 - Page
1286   Transforming the Future, Empowering Indonesia
Page 686
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                        POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     y.   Kontrak asuransi (lanjutan)                                y.   Insurance contract (continued)
          Liabilitas manfaat polis masa depan (lanjutan)                  Liabilities for future policy benefits (continued)
          Untuk produk unit link, liabilitas kepada                       For unit-linked products, the liabilities to unit-
          pemegang polis unit link diakui pada saat                       linked policyholders is recognised at the time
          penerimaan dana dikonversi menjadi unit                         the funds received are converted into units, net
          setelah dikurangi biaya-biaya dan akan                          of related expenses and will increase or
          bertambah atau berkurang sesuai dengan nilai                    decrease in accordance with effective net
          aset bersih efektif yang berlaku. Risiko                        asset value. Related investment risk are born
          investasi terkait ditanggung oleh pemegang                      by the unit-linked policyholders.
          polis unit link.
          Penerimaan dana dari nasabah untuk produk                       Funds received from customers for non-sharia
          non syariah diakui sebagai pendapatan premi                     products are recognised as gross premiums
          bruto di laporan laba rugi dan penghasilan                      income in the consolidated statement of profit
          komprehensif lain konsolidasian. Liabilitas                     and loss and other comprehensive income.
          kepada pemegang polis unit link diakui di                       Liabilities to unit-linked policyholders are
          laporan posisi keuangan konsolidasian di                        recognised in the consolidated statement of
          liabilitas lain-lain yang termasuk di dalam                     financial position in the other liabilities which is
          liabilitas manfaat polis masa depan sebesar                     included in the liabilities for future policy
          jumlah yang diterima setelah dikurangi dengan                   benefits for the amount received net of the
          bagian premi yang merupakan pendapatan                          portion of premium representing Subsidiary’s
          Entitas Anak, disertai dengan pengakuan                         revenue, with corresponding profit or loss
          kenaikan liabilitas kepada pemegang polis unit                  recognition for the increase in liabilities to unit-
          link di laba rugi.                                              linked policyholders.
          Setiap bunga, keuntungan atau kerugian dari                     Any interest, gain or loss due to increases or
          kenaikan atau penurunan nilai pasar investasi                   decreases in market value of investments are
          dicatat sebagai pendapatan atau beban,                          recorded as income or expense, with a
          disertai dengan pengakuan kenaikan atau                         corresponding recognition of increase or
          penurunan liabilitas manfaat polis masa depan                   decrease in liabilities for future policy benefits
          di laporan laba rugi dan liabilitas manfaat polis               in the profit or loss and liabilities for future
          masa depan di laporan posisi keuangan                           policy benefits in the consolidated statement of
          konsolidasian.                                                  financial position.
          Penerimaan dana dari nasabah untuk produk                       Funds received from customers for unit-linked
          unit link diakui sebagai liabilitas manfaat polis               products are recognised as liabilities for future
          masa depan (diakui di liabilitas lain-lain) dan                 policy benefits (recognised in other liabilities)
          di laporan posisi keuangan sebesar total yang                   in the consolidated statement of financial
          diterima setelah dikurangi charges atau admin                   position for the amount received net of
          fee lainnya dalam rangka mengelola                              charges or other admin fee in managing the
          pendapatan dari produk unit link.                               unit-linked product revenue.
     z.   Perpajakan                                                 z.   Taxation
          Beban pajak terdiri dari pajak kini dan pajak                   The tax expense comprises of current and
          tangguhan. Pajak diakui dalam laporan laba                      deferred tax. Tax are recognised in the profit or
          rugi, kecuali jika pajak tersebut terkait dengan                loss, except to the extent that it relates to items
          transaksi atau kejadian yang diakui di                          recognised in other comprehensive income or
          penghasilan komprehensif lain atau langsung                     directly in equity. In this case, the tax is also
          diakui ke ekuitas. Dalam hal ini, pajak tersebut                recognised in other comprehensive income or
          masing-masing diakui dalam penghasilan                          directly in equity, respectively.
          komprehensif lain atau ekuitas.




                                                    Halaman - 76 - Page                               2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1287
Page 687
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)
       z.   Perpajakan (lanjutan)                                       z.   Taxation (continued)
            Beban pajak kini dihitung berdasarkan                            The current income tax charge is calculated on
            peraturan perpajakan yang berlaku pada                           the basis of the tax laws enacted or
            tanggal pelaporan keuangan. Manajemen                            substantively enacted at the reporting date.
            secara periodik mengevaluasi posisi yang                         Management periodically evaluates positions
            dilaporkan di Surat Pemberitahuan Tahunan                        taken in tax returns with respect to situations in
            (SPT) sehubungan dengan situasi dimana                           which applicable tax regulation is subject to
            aturan pajak yang berlaku membutuhkan                            interpretation. It establishes provision where
            interpretasi.  Jika    perlu,   manajemen                        appropriate on the basis of amounts expected
            menentukan provisi berdasarkan jumlah yang                       to be paid to the tax authorities.
            diharapkan akan dibayar kepada otoritas
            pajak.
            Pajak penghasilan tangguhan diakui, dengan                       Deferred income tax is recognised, using the
            menggunakan metode posisi keuangan untuk                         financial position method, on temporary
            semua perbedaan temporer antara dasar                            differences arising between the tax bases of
            pengenaan pajak aset dan liabilitas dengan                       assets and liabilities and their carrying
            nilai tercatatnya pada laporan keuangan                          amounts in the consolidated financial
            konsolidasian.    Namun,     liabilitas    pajak                 statements. However, deferred tax liabilities
            penghasilan tangguhan tidak diakui jika                          are not recognised if they arise from the initial
            berasal dari pengakuan awal goodwill atau                        recognition of goodwill and deferred income
            pada saat pengakuan awal aset dan liabilitas                     tax is not accounted for if it arises from initial
            yang timbul dari transaksi selain kombinasi                      recognition of an asset or liability in a
            bisnis yang pada saat transaksi tersebut tidak                   transaction other than a business combination
            mempengaruhi laba rugi akuntansi dan laba                        that at the time of the transaction affects
            rugi kena pajak. Pajak penghasilan tangguhan                     neither accounting nor taxable profit or loss.
            ditentukan dengan menggunakan tarif pajak                        Deferred income tax is determined using tax
            yang telah berlaku atau secara substantif telah                  rates that have been enacted or substantially
            berlaku pada akhir periode pelaporan dan                         enacted as at reporting period and is expected
            diharapkan diterapkan ketika aset pajak                          to apply when the related deferred income tax
            penghasilan tangguhan direalisasi atau                           asset is realised or the deferred income tax
            liabilitas pajak    penghasilan       tangguhan                  liability is settled.
            diselesaikan.
            Aset pajak penghasilan tangguhan diakui                          Deferred tax assets are recognised only to the
            hanya jika besar kemungkinan jumlah                              extent that it is probable that future taxable
            penghasilan kena pajak dimasa depan akan                         profit will be available against which the
            memadai     untuk  dikompensasi   dengan                         temporary differences can be utilised.
            perbedaan temporer yang masih dapat
            dimanfaatkan.
            Aset dan liabilitas pajak penghasilan                            Deferred tax assets and liabilities are offset
            tangguhan dapat saling hapus apabila terdapat                    when there is a legally enforceable right to
            hak    yang     berkekuatan    hukum    untuk                    offset current tax assets against current tax
            melakukan saling hapus antara aset pajak kini                    liabilities and when the deferred income taxes
            dengan liabilitas pajak kini dan apabila aset                    assets and liabilities relate to income taxes
            dan liabilitas pajak penghasilan tangguhan                       levied by the same taxation authority either the
            dikenakan oleh otoritas perpajakan yang                          same taxable entity or different taxable entities
            sama, baik atas entitas kena pajak yang sama                     where there is an intention to settle the
            ataupun berbeda dan adanya niat untuk                            balances on a net basis.
            melakukan penyelesaian saldo-saldo tersebut
            secara neto.




                                                       Halaman - 77 - Page
1288   Transforming the Future, Empowering Indonesia
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                                     PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                        DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI           2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                              INFORMATION (continued)
     z.   Perpajakan (lanjutan)                                       z.   Taxation (continued)

          Koreksi terhadap kewajiban perpajakan diakui                     Corrections to taxation obligations are
          saat surat ketetapan pajak diterima atau jika                    recorded when an assessment is received or,
          mengajukan keberatan, pada saat keputusan                        if appealed against, when the appeal has been
          atas keberatan tersebut telah ditetapkan.                        decided.

     aa. Imbalan kerja                                                aa. Employee benefits

          Imbalan kerja jangka pendek                                      Short-term employee benefits

          Imbalan kerja jangka pendek diakui pada saat                     Short-term employee benefits are recognised
          terutang kepada karyawan.                                        when they accrued to the employees.

          Imbalan pensiun dan imbalan pasca-kerja                          Pension  benefits          and     other      post-
          lainnya                                                          employment

          BNI memiliki program pensiun imbalan pasti                       BNI has defined benefit             and     defined
          dan iuran pasti.                                                 contribution pension plans.

          Program pensiun imbalan pasti adalah                             A defined benefit pension plan is a pension
          program pensiun yang menetapkan jumlah                           plan that defines an amount of pension that
          imbalan pensiun yang akan diterima oleh                          will be received by the employee on becoming
          karyawan pada saat pensiun, yang biasanya                        entitled to a pension, which usually depends
          tergantung pada satu faktor atau lebih, seperti                  on one or more factors such as age, years of
          umur, masa kerja, dan jumlah kompensasi.                         service and compensation. This plan is
          Program ini dikelola oleh Dana Pensiun                           managed by Dana Pensiun PT Bank Negara
          PT Bank Negara Indonesia (Persero) Tbk                           Indonesia (Persero) Tbk (“Dana Pensiun”).
          (“Dana Pensiun”).

          Program pensiun iuran pasti adalah program                       A defined contribution plan is a pension plan
          pensiun dimana Bank akan membayar iuran                          under which the Bank pays fixed contributions
          tetap kepada sebuah entitas yang terpisah                        into a separate entity (pension fund) and has
          (dana pensiun) dan tidak memiliki liabilitas                     no legal or constructive obligation to pay
          hukum atau konstruktif untuk membayar                            further contributions. This plan is managed by
          kontribusi lebih lanjut. Program ini dikelola oleh               Dana Pensiun Lembaga Keuangan PT Bank
          Dana Pensiun Lembaga Keuangan PT Bank                            Negara Indonesia (Persero)Tbk (“DPLK”).
          Negara Indonesia (Persero) Tbk (“DPLK”).

          BNI diharuskan menyediakan imbalan pensiun                       BNI is required to provide minimum pension
          minimum yang diatur dalam Undang-Undang                          benefits as stipulated in Undang-Undang Cipta
          Cipta Kerja No. 11/2020 dan PP 35/2021, yang                     Kerja No. 11/2020 and PP 35/2021 which
          merupakan liabilitas imbalan pasti. Jika                         represents an underlying defined benefit
          imbalan pensiun sesuai dengan Undang-                            obligation. If the pension benefits based on
          Undang Cipta Kerja No. 11/2020 dan                               Undang-Undang Cipta Kerja No. 11/2020 and
          PP 35/2021 lebih besar, selisih tersebut diakui                  PP 35/2021 are higher, the difference is
          sebagai bagian dari liabilitas imbalan pensiun.                  recorded as part of the overall pension
                                                                           benefits obligation.

          Karena    Undang-Undang      Cipta   Kerja                       Since the Undang-Undang Cipta Kerja sets the
          menentukan rumus tertentu untuk menghitung                       formula for determining the minimum amount
          jumlah minimal imbalan pensiun, pada                             of benefits, in substance pension plans under
          dasarnya program pensiun berdasarkan                             the Undang-Undang Cipta Kerja represent
          Undang-Undang Cipta Kerja adalah program                         defined benefit plans.
          imbalan pasti.




                                                     Halaman - 78 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1289
Page 689
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       aa. Imbalan kerja (lanjutan)                                     aa. Employee benefits (continued)

           Imbalan pensiun dan imbalan pasca-kerja                           Pension  benefits     and    other          post-
           lainnya (lanjutan)                                                employment benefits (continued)

           Sehubungan dengan program imbalan pasti,                          The liability recognised in the consolidated
           liabilitas diakui pada laporan posisi keuangan                    statement of financial position in respect of
           konsolidasian sebesar nilai kini kewajiban                        defined benefit pension plans is the present
           imbalan pasti pada akhir periode pelaporan                        value of the defined benefit obligation at the
           dikurangi nilai wajar aset program. Kewajiban                     end of the reporting period less the fair value
           imbalan pasti dihitung setiap tahun oleh                          of plan assets. The defined benefit obligation
           aktuaris       yang     independen      dengan                    is calculated annually by independent
           menggunakan metode projected unit credit.                         actuaries using the projected unit credit
                                                                             method.

           Nilai kini kewajiban imbalan pasti ditentukan                     The present value of the defined benefit
           dengan mendiskontokan arus kas keluar yang                        obligation is determined by discounting the
           diestimasi dengan menggunakan tingkat bunga                       estimated future cash outflows using interest
           Obligasi Pemerintah (dikarenakan saat ini tidak                   rates of Government Bonds (considering that
           ada pasar aktif untuk obligasi perusahaan yang                    currently there is no active market for high-
           berkualitas tinggi) yang didenominasikan                          quality corporate bonds) that are denominated
           dalam     Rupiah    dimana      imbalan   akan                    in Rupiah in which the benefits will be paid,
           dibayarkan dan memiliki jangka waktu jatuh                        and that have terms to maturity approximating
           tempo mendekati jangka waktu kewajiban                            to the terms of the related pension obligation.
           pensiun.

           Keuntungan dan kerugian aktuarial yang timbul                     Actuarial gains and losses arising from
           dari penyesuaian dan perubahan dalam                              experience adjustments and changes in
           asumsi-asumsi aktuarial langsung diakui                           actuarial assumptions are charged or credited
           seluruhnya melalui penghasilan komprehensif                       to equity in other comprehensive income in the
           lainnya pada saat terjadinya.                                     period in which they arise.

           Biaya jasa lalu diakui segera dalam laporan                       Past-service costs are recognised immediately
           laba rugi.                                                        in profit or loss.

           Keuntungan dan kerugian dari kurtailmen atau                      Gains or losses on the curtailment or
           penyelesaian program manfaat pasti diakui di                      settlement of a defined benefit plan are
           laba rugi ketika kurtailmen atau penyelesaian                     recognised in profit or loss when the
           tersebut terjadi.                                                 curtailment or settlement occurs.

           Grup juga memberikan imbalan pasca kerja                          The Group also provides other post-
           lainnya, seperti uang penghargaan dan uang                        employment benefits, such as service pay and
           pisah. Imbalan berupa uang penghargaan                            separation pay. The service pay benefit vests
           diberikan apabila karyawan bekerja hingga                         when the employees reach their retirement
           mencapai usia pensiun. Sedangkan imbalan                          age. The separation pay benefit is paid to
           berupa uang pisah, dibayarkan kepada                              employees in the case of voluntary
           karyawan yang mengundurkan diri secara                            resignation, subject to a minimum number of
           sukarela, setelah memenuhi minimal masa                           years of service. These benefits have been
           kerja tertentu. Imbalan ini dihitung dengan                       accounted for using the same methodology as
           menggunakan metodologi yang sama dengan                           for the defined benefit pension plan.
           metodologi yang digunakan dalam perhitungan
           program pensiun imbalan pasti.




                                                       Halaman - 79 - Page
1290   Transforming the Future, Empowering Indonesia
Page 690
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     aa. Imbalan kerja (lanjutan)                                    aa. Employee benefits (continued)

         Imbalan jangka panjang lainnya                                   Other long-term benefits

         Imbalan jangka panjang lainnya seperti cuti                      Other long-term employee benefits such as
         berimbalan jangka panjang, imbalan cacat                         long service leave, permanent disability benefit
         permanen dan penghargaan jubilee dihitung                        and jubilee awards are calculated using the
         dengan menggunakan metode projected unit                         projected unit credit method and discounted to
         credit dan didiskontokan ke nilai kini.                          present value. Actuarial gains and losses
         Keuntungan dan kerugian aktuarial yang                           arising from experience adjustments and
         timbul dari penyesuaian dan perubahan dalam                      change in actuarial assumption are recognised
         asumsi-asumsi aktuarial diakui dalam laporan                     and credited to profit or loss.
         laba rugi.

     ab. Laba per saham dasar                                        ab. Basic earnings per share

         Laba bersih per saham dasar dihitung dengan                      Basic earnings per share are computed by
         membagi laba bersih yang tersedia bagi                           dividing the profit attributable to the equity
         pemilik entitas induk dengan jumlah rata-rata                    holders of the parent entity by the weighted
         tertimbang saham biasa yang beredar selama                       average     number     of    ordinary  shares
         periode yang bersangkutan.                                       outstanding during the period.

     ac. Transaksi dengan pihak-pihak berelasi                       ac. Transactions with related parties

         BNI dan Entitas Anak melakukan transaksi                         BNI and Subsidiaries enter into transactions
         dengan pihak-pihak berelasi seperti yang                         with parties which are defined as related
         didefinisikan dalam PSAK 224 tentang                             parties in accordance with SFAS 224
         “Pengungkapan Pihak-pihak Berelasi” dan                          regarding “Related Party Disclosures” and
         Peraturan      Bapepam-LK        No.    KEP-                     Regulation of the Capital Market and
         347/BL/2012 tanggal 25 Juni 2012 tentang                         Financial Institution Supervisory Board
         “Pedoman Penyajian dan Pengungkapan                              (Bapepam-LK) No. KEP-347/BL/2012 dated
         Laporan Keuangan Emiten atau Perusahaan                          25 June 2012 regarding “Guidelines for
         Publik” yang didefinisikan antara lain:                          Financial Statements Presentation and
                                                                          Disclosure of Issuers or Public Companies”,
                                                                          which are defined, among others, as:

         (i)   perusahaan di bawah pengendalian BNI                       (i)   entities under the control of BNI and
               dan Entitas Anak;                                                Subsidiaries;
         (ii) perusahaan asosiasi;                                        (ii) associated companies;
         (iii) investor yang memiliki hak suara, yang                     (iii) investors with voting rights that gives
               memberikan investor tersebut suatu                               them significant influence;
               pengaruh yang signifikan;
         (iv) perusahaan di bawah pengendalian                            (iv) entities controlled by investors under
               investor yang dijelaskan dalam Catatan iii                      Note iii above;
               di atas;
         (v) karyawan          kunci     dan    anggota                   (v)  key employees and family members;
               keluarganya; dan                                                and
         (vi) entitas yang dikendalikan, dikendalikan                     (vi) entity that is controlled, jointly controlled
               bersama      atau    dipengaruhi  secara                        or      significantly     influenced       by
               signifikan oleh Pemerintah yaitu Menteri                        Government, which is defined as the
               Keuangan yang merupakan pemegang                                Minister of Finance who has share
               saham dari entitas.                                             ownership in the entity.

         Semua transaksi signifikan dengan pihak-                         All significant transactions with related parties
         pihak berelasi, telah diungkapkan pada                           have been disclosed in notes to the
         catatan atas laporan keuangan konsolidasian.                     consolidated financial statements.




                                                    Halaman - 80 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1291
Page 691
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  2.   INFORMASI       KEBIJAKAN                 AKUNTANSI         2.   MATERIAL       ACCOUNTING                     POLICY
       MATERIAL (lanjutan)                                              INFORMATION (continued)

       ad. Dividen                                                      ad. Dividends

           Pembagian dividen kepada para pemegang                            Dividend distribution to the shareholders is
           saham diakui sebagai liabilitas dalam laporan                     recognised as a liability in the consolidated
           keuangan konsolidasian pada periode ketika                        financial statements in the period in which the
           dividen tersebut disetujui oleh para pemegang                     dividends are approved by the shareholders.
           saham.

       ae. Pelaporan segmen                                             ae. Segment reporting

           Grup mengidentifikasikan segmen operasi                           The Group defines an operating segment as a
           sebagai suatu komponen dari entitas:                              component of an entity:

           a)   yang terlibat dalam aktivitas bisnis yang                    a)   that engages in business activities from
                mana memperoleh pendapatan dan                                    which it may earn revenues and incur
                menimbulkan        beban        (termasuk                         expenses (including revenues and
                pendapatan dan beban terkait dengan                               expenses relating to transactions with
                transaksi dengan komponen lain dari                               other components of the same entity);
                entitas yang sama);
           b)   hasil operasinya dikaji ulang secara                         b)   whose operating results are reviewed
                reguler oleh pengambil keputusan                                  regularly by the entity’s chief operating
                operasional untuk membuat keputusan                               decision maker to make decisions about
                tentang sumber daya yang dialokasikan                             resources to be allocated to the segment
                pada segmen tersebut dan menilai                                  and assess its performance; and
                kinerjanya; dan
           c)   tersedia informasi keuangan yang dapat                       c)   for which discrete financial information is
                dipisahkan.                                                       available.

           Sesuai dengan PSAK 108 tentang “Segmen                            Refer to SFAS 108 about “Operating
           Operasi”, Grup menyajikan segmen operasi                          Segments”, the Group discloses its operating
           berdasarkan laporan internal Grup yang                            segments based on Group’s internal report
           disajikan kepada pengambil keputusan                              presented to operation-decision makers. The
           operasional.      Pengambil    keputusan                          operation-decision makers are the Board of
           operasional adalah Direksi.                                       Directors.

           Di tahun 2024, Grup mengungkapkan                                 In 2024, the Group disclosing its operational
           segmen operasionalnya berdasarkan segmen                          segments based on business segments as
           usaha sebagai berikut: Wholesale &                                follows: Wholesale & International Banking,
           International Banking, Institutional Banking,                     Institutional    Banking,   Enterprises    &
           Enterprises & Commercial Banking, Retail                          Commercial       Banking,  Retail   Banking,
           Banking, Treasury, Kantor Pusat dan Entitas                       Treasury, Head Office and Subsidiaries with
           Anak dengan terdapat reklasifikasi di masing-                     some reclassification for each business
           masing bisnis segmen sesuai dengan                                segments referring to the new organizational
           organisasi direksi dan pembidangan yang                           of board of directors.
           baru.

       af. Biaya emisi penerbitan saham                                 af. Shares issuance costs

           Biaya-biaya    emisi   efek   yang    terjadi                     Costs related to the public offering of shares
           sehubungan dengan penawaran saham                                 (including pre-emptive rights issue) are
           kepada masyarakat (termasuk penerbitan hak                        deducted from the proceeds and presented as
           memesan efek terlebih dahulu) dikurangkan                         a deduction of “Additional Paid-In Capital -
           langsung dari hasil emisi dan disajikan                           Net” account, under Equity section in the
           sebagai pengurang pada akun “Tambahan                             consolidated statement of financial position.
           Modal Disetor - Bersih”, sebagai bagian dari
           Ekuitas pada laporan posisi keuangan
           konsolidasian.




                                                       Halaman - 81 - Page
1292   Transforming the Future, Empowering Indonesia
Page 692
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

2.   INFORMASI       KEBIJAKAN               AKUNTANSI          2.   MATERIAL       ACCOUNTING                       POLICY
     MATERIAL (lanjutan)                                             INFORMATION (continued)

     ag. Saham treasuri                                              ag. Treasury shares

         Ketika entitas Grup membeli modal saham                          When any Group entity purchases the entity’s
         ekuitas entitas (saham treasuri), imbalan                        equity share capital (treasury shares), the
         yang dibayar, termasuk biaya tambahan yang                       consideration paid, including any directly
         secara     langsung    dapat     diatribusikan                   attributable incremental costs (net of income
         (dikurangi pajak penghasilan) dikurangkan                        taxes) is deducted from equity attributable to
         dari ekuitas yang diatribusikan kepada                           the entity’s equity holders until the shares are
         pemilik ekuitas entitas sampai saham                             cancelled or reissued. When ordinary shares
         tersebut dibatalkan atau diterbitkan kembali.                    are subsequently reissued, any consideration
         Ketika saham biasa tersebut selanjutnya                          received, net of any directly attributable
         diterbitkan kembali, imbalan yang diterima,                      incremental transaction costs and the related
         dikurangi biaya tambahan transaksi yang                          income tax effects, is included in equity
         terkait dan dampak pajak penghasilan yang                        attributable to the entity’s equity holders.
         terkait dimasukkan kepada ekuitas yang
         dapat diatribusikan kepada pemilik ekuitas
         entitas.

     ah. Kompensasi berbasis saham                                   ah. Share-based payment

         Bank menjalankan program kompensasi                              Bank operates an equity-settled, share-based
         berbasis   saham      dengan     penyelesaian                    compensation plan. The fair value of the
         menggunakan ekuitas. Nilai wajar dari jasa                       employee services received in exchange for
         karyawan yang dikompensasikan dengan                             the grant of shares is recognised as an
         saham Bank diakui sebagai beban di laporan                       expense in the statements of profit or loss. The
         laba rugi. Jumlah keseluruhan yang diakui                        total amount to be recognised over the vesting
         sepanjang    periode     vesting   ditentukan                    period is determined based on the fair value of
         berdasarkan nilai wajar saham yang diberikan                     the shares granted on the grant date.
         pada tanggal pemberian kompensasi.

     ai. Tanggung Jawab Sosial dan Lingkungan                        ai. Social and Environmental Responsibility

         Berdasarkan PER-05/MBU/04/2021 tentang                           Based on PER-05/MBU/04/2021 concerning
         Program Tanggung Jawab Sosial dan                                Social and Environmental Responsibility
         Lingkungan Badan Usaha Milik Negara                              Programs for State-Owned Enterprises dated
         tanggal 20 April 2021 sebagaimana diubah                         20 April 2021, as last amended by PER
         terakhir dengan PER1/MBU/03/2023 tentang                         1/MBU/03/2023          concerning         Special
         Penugasan Khusus dan Program Tanggung                            Assignments and Social and Environmental
         Jawab Sosial dan Lingkungan Badan Usaha                          Responsibility      Programs      for     Owned
         Milik Negara tanggal 24 Maret 2023, istilah                      Enterprises, 24 March 2023, the term PKBL
         PKBL (Program Kemitraan dan Bina                                 (Partnership and Community Development
         Lingkungan) tidak digunakan lagi dan diganti                     Program) is no longer used and replaced with
         menjadi TJSL (Tanggung Jawab Sosial &                            TJSL       (Social       and      Environmental
         Lingkungan). Alokasi dana tidak dialokasikan                     Responsibility). Allocation of funds is not made
         dari saldo laba berdasarkan hasil keputusan                      from retained earnings based on resolutions of
         Rapat Umum Pemegang Saham (RUPS)                                 the General Meeting of Shareholders (GMS),
         akan tetapi diakui dan dibebankan ke laporan                     but is recognised and charged to the
         laba rugi dan penghasilan komprehensif lain                      consolidated statement of profit or loss and
         konsolidasian tahun berjalan.                                    other comprehensive income for the current
                                                                          year.




                                                    Halaman - 82 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
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Page 693
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                        3.   USE OF CRITICAL ACCOUNTING ESTIMATES
       AKUNTANSI YANG PENTING                                           AND JUDGMENTS

       Beberapa estimasi dan asumsi dibuat dalam                        Certain estimates and assumptions are made in the
       rangka      penyusunan       laporan       keuangan              preparation of the consolidated financial statements
       konsolidasian dimana dibutuhkan pertimbangan                     and these require management judgement in
       manajemen dalam menentukan metodologi yang                       determining the appropriate methodology for
       tepat untuk penilaian aset dan liabilitas.                       valuation of assets and liabilities.

       Manajemen membuat estimasi dan asumsi yang                       Management makes estimates and assumptions
       berimplikasi pada pelaporan nilai aset dan                       that affect the reported amounts of assets and
       liabilitas atas tahun keuangan satu tahun                        liabilities within the next financial year. All estimates
       kedepan. Semua estimasi dan asumsi yang                          and assumptions required in conformity with SFAS
       diharuskan oleh PSAK adalah estimasi terbaik                     are best estimates undertaken in accordance with
       yang didasarkan pada standar yang berlaku.                       the applicable standard. Estimates and judgements
       Estimasi dan pertimbangan dievaluasi secara                      are evaluated on a continuous basis, and are
       terus menerus dan berdasarkan pengalaman                         based on past experiences and other factors,
       masa lalu dan faktor-faktor lain termasuk harapan                including expectations with regard to future events.
       atas kejadian yang akan datang.

       Walaupun estimasi dan asumsi ini dibuat                          Although these estimates and assumptions are
       berdasarkan pengetahuan terbaik manajemen                        based on management’s best knowledge of current
       atas kejadian dan tindakan saat ini, hasil yang                  events and activities, actual result may differ from
       timbul mungkin berbeda dengan estimasi dan                       those estimates and assumptions.
       asumsi semula.

       Sumber utama ketidakpastian estimasi:                            Key sources of estimation uncertainty:

       a.   Cadangan kerugian penurunan nilai aset                      a.   Allowances for        impairment       losses    of
            keuangan                                                         financial assets

            Kondisi spesifik counterparty yang mengalami                     In the calculation of allowance for impairment
            penurunan      nilai   dalam    pembentukan                      losses of financial assets, the specific
            cadangan kerugian atas aset keuangan                             condition of impaired counterparty is
            dievaluasi secara individu berdasarkan                           individually evaluated based on management's
            estimasi terbaik manajemen atas nilai kini                       best estimate of the present value of the
            arus kas yang diharapkan akan diterima, baik                     expected cash flows to be received, including
            dari waktu dan jumlah. Dalam mengestimasi                        both timing and amount. In estimating these
            arus kas tersebut, manajemen membuat                             cash flows, management makes judgements
            pertimbangan tentang situasi keuangan                            about the counterparty's financial situation and
            counterparty dan nilai realisasi bersih dari                     the net realizable value of any underlying
            setiap agunan, serta probabilitas rata-rata                      collateral,   including    weighted     average
            tertimbang kerugian kredit. Setiap aset yang                     probability of credit losses. Each impaired
            mengalami penurunan nilai dinilai sesuai                         asset is assessed on its merits, and the
            dengan manfaat yang ada, dan strategi                            workout strategy and estimated cash flows
            penyelesaian serta estimasi arus kas yang                        considered recoverable.
            diperkirakan dapat diterima.




                                                       Halaman - 83 - Page
1294   Transforming the Future, Empowering Indonesia
Page 694
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                       3.   USE OF CRITICAL ACCOUNTING ESTIMATES
     AKUNTANSI YANG PENTING (lanjutan)                               AND JUDGMENTS (continued)

     Sumber utama ketidakpastian estimasi: (lanjutan)                Key sources of estimation uncertainty: (continued)

     a.   Cadangan kerugian penurunan nilai aset                     a.   Allowances for impairment                losses   of
          keuangan (lanjutan)                                             financial assets (continued)

          Perhitungan cadangan penurunan nilai                            Collectively assessed impairment allowances
          kolektif meliputi kerugian kredit yang melekat                  cover credit losses inherent in portfolios of
          dalam portofolio aset keuangan dengan                           financial assets with similar economic
          karakteristik ekonomi yang sama, tetapi                         characteristics, but the individually impaired
          penurunan nilai secara individu belum dapat                     items cannot yet be identified. In assessing the
          diidentifikasi. Dalam menilai kebutuhan untuk                   need for collective allowances, management
          cadangan            kolektif,        manajemen                  considers factors such as credit quality and
          mempertimbangkan         faktor-faktor   seperti                type of product. In order to estimate the
          kualitas kredit dan jenis produk. Guna                          required allowance, assumptions are made to
          membuat estimasi cadangan yang diperlukan,                      define the way inherent losses are modelled,
          manajemen         membuat      asumsi      untuk                which include weighted average probability of
          menentukan        kerugian     yang     melekat,                default, loss given default and exposure at
          termasuk probabilitas rata-rata tertimbang                      default, and to determine the required input
          kerugian kredit, loss given default dan                         parameters, based on historical experiences,
          exposure of default, dan untuk menentukan                       current economic conditions and forecast on
          parameter        input      yang     diperlukan,                future economic condition. The accuracy of the
          berdasarkan pengalaman masa lalu, kondisi                       allowances depends on how well these
          ekonomi saat ini dan perkiraan kondisi                          estimated future cash flows for specific
          ekonomi       dimasa     depan.      Keakuratan                 counterparty allowances and the model
          penyisihan tergantung pada seberapa baik                        assumptions and parameters are used in
          estimasi arus kas masa depan untuk                              determining collective allowances.
          cadangan counterparty tertentu dan asumsi
          model dan parameter yang digunakan dalam
          menentukan cadangan kolektif.

     b.   Menentukan       nilai    wajar      instrumen             b.   Determining      fair   values      of     financial
          keuangan                                                        instruments

          Dalam menentukan nilai wajar aset keuangan                      In determining the fair value for financial
          dan liabilitas yang tidak mempunyai harga                       assets and financial liabilities for which there is
          pasar, Grup menggunakan teknik penilaian                        no observable market price, the Group uses
          seperti yang dijelaskan dalam Catatan 2c.                       the valuation techniques as described in Note
          Untuk instrumen keuangan yang jarang                            2c. For financial instruments that are traded
          diperdagangkan dan memiliki informasi harga                     infrequently and there is a lack of price
          yang terbatas, nilai wajar menjadi kurang                       transparency, fair value is less objective and
          objektif dan membutuhkan berbagai tingkat                       requires varying degrees of judgement
          penilaian     tergantung    pada  likuiditas,                   depending      on    liquidity,      concentration,
          konsentrasi, faktor ketidakpastian pasar,                       uncertainty of market factors, pricing
          asumsi harga dan risiko lainnya.                                assumptions and other risks affecting the
                                                                          specific instrument.

          Masukan (input) untuk model ini berasal dari                    The input for this model comes from
          data pasar yang bisa diamati. Bila data pasar                   observable market data. When observable
          yang bisa diamati tersebut tidak tersedia,                      market data are not available, management
          manajemen mempertimbangkan masukan dan                          considers necessary inputs and assumptions
          asumsi diperlukan untuk menentukan nilai                        to determine the fair value. The above
          wajar. Pertimbangan tersebut mencakup                           considerations include liquidity and volatility
          feedback model atas likuiditas volatilitas untuk                feedback model for derivative transactions and
          transaksi derivatif dan tingkat diskonto yang                   long term discount rate, the level of early
          berjangka waktu panjang, tingkat pelunasan                      payment and the level of default assumption.
          dipercepat dan asumsi tingkat gagal bayar.




                                                    Halaman - 84 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
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                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

  3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                         3.   USE OF CRITICAL ACCOUNTING ESTIMATES
       AKUNTANSI YANG PENTING (lanjutan)                                 AND JUDGMENTS (continued)

       Sumber utama ketidakpastian estimasi: (lanjutan)                  Key sources of estimation uncertainty: (continued)

       c.   Imbalan kerja karyawan                                       c.   Employee benefit

            Nilai kini atas imbalan kerja karyawan                            The present value of the employee benefit
            tergantung dari banyaknya faktor yang                             obligations depends on a number of factors
            dipertimbangkan oleh aktuaris berdasarkan                         that are determined on an actuarial basis using
            beberapa asumsi. Perubahan atas asumsi-                           a number of assumptions. Any changes in
            asumsi tersebut akan mempengaruhi carrying                        these assumptions will impact the carrying
            amount atas imbalan kerja karyawan.                               amount of employee benefit obligations.

            Asumsi yang digunakan dalam menentukan                            The assumptions used in determining the net
            biaya atau pendapatan bersih untuk imbalan                        cost or for employee benefits include the
            kerja termasuk tingkat diskonto. Grup                             discount rate. The Group determines the
            menentukan tingkat diskonto yang tepat pada                       appropriate discount rate at the end of each
            setiap periode pelaporan. Ini merupakan                           reporting period. This is the interest rate that
            tingkat suku bunga yang digunakan untuk                           should be used to determine the present value
            menentukan nilai kini atas arus kas masa                          of estimated future cash outflows expected to
            depan yang diestimasi akan digunakan untuk                        be required to settle the pension obligations. In
            membayar imbalan kerja. Dalam menentukan                          determining the appropriate discount rate, the
            tingkat   diskonto   yang     tepat,   Grup                       Group considers the interest rates of
            mempertimbangkan tingkat suku bunga atas                          Government Bonds that have terms to maturity
            Obligasi Pemerintah yang mempunyai jatuh                          approximating the terms of the related
            tempo yang menyerupai jangka waktu                                employee benefit liability.
            imbalan kerja karyawan.

            Asumsi kunci liabilitas pensiun            lainnya                Other key assumptions for pension obligations
            sebagian ditentukan berdasarkan            kondisi                are partly based on current market conditions.
            pasar saat ini.

       d.   Provisi perpajakan                                           d.   Provision for taxes

            Grup     menentukan       provisi  perpajakan                     The Group provides for tax provision based on
            berdasarkan estimasi atas kemungkinan                             estimates whether the additional taxes will be
            adanya tambahan beban pajak. Jika hasil                           due. Where the final tax outcome of these
            akhir dari hal ini berbeda dengan jumlah yang                     matters is different from the amounts that were
            dicatat semula, maka perbedaan tersebut                           initially recorded, such differences will impact
            akan berdampak terhadap laba/rugi.                                the profit/loss.

       e.   Liabilitas asuransi untuk kontrak asuransi                   e.   Insurance liabilities on insurance contracts
            dan reasuransi aset                                               and reissuance assets
            Aset yang timbul dari kontrak reasuransi juga                     Assets arising from reinsurance contracts are
            dihitung dengan menggunakan asumsi-asumsi                         also computed using certain actuarial
            aktuarial tertentu. Selain itu, pemulihan aset ini                assumptions. In addition, the recoverability of
            dinilai secara periodik untuk memastikan                          these assets is assessed on a periodic basis
            bahwa jumlahnya mencerminkan jumlah yang                          to ensure that the balance is reflective of the
            pada         akhirnya         akan      diterima,                 amounts that will ultimately be received, taking
            mempertimbangkan          faktor-faktor   seperti                 into consideration factors such as counterparty
            counterparty dan risiko kredit. Penurunan nilai                   and credit risk. Impairment is recognised
            diakui dimana terdapat bukti objektif bahwa                       where there is objective evidence that the
            Perusahaan tidak dapat menerima jumlah                            Company may not receive amounts due to it
            yang terhutang untuk itu dan jumlah ini dapat                     and these amounts can be reliably measured.
            diukur secara andal.




                                                        Halaman - 85 - Page
1296   Transforming the Future, Empowering Indonesia
Page 696
                                      PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                         DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                          3.   USE OF CRITICAL ACCOUNTING ESTIMATES
     AKUNTANSI YANG PENTING (lanjutan)                                  AND JUDGMENTS (continued)

     Sumber utama ketidakpastian estimasi: (lanjutan)                   Key sources of estimation uncertainty: (continued)

     e.   Liabilitas asuransi untuk kontrak asuransi                    e.   Insurance liabilities on insurance contracts
          dan reasuransi aset (lanjutan)                                     and reissuance assets (continued)

          Cadangan teknis Entitas Anak dicatat di                            Technical reserves of the Subsidiary recorded
          laporan    posisi   keuangan    konsolidasian                      in the consolidated statement of financial
          sebagai bagian dari “Liabilitas lain-lain”                         position as part of “Other liabilities” are
          berdasarkan perhitungan teknis asuransi                            calculated based on insurance technical
          dengan      menggunakan       asumsi-asumsi                        calculation using certain actuarial assumptions
          aktuarial yaitu asumsi estimasi terbaik dan                        which are based on best estimate assumptions
          margin atas risiko pemburukan. Termasuk                            and margin for adverse risk. Included in the
          dalam cadangan teknis adalah liabilitas                            technical reserves are liability for future policy
          manfaat polis masa depan, estimasi liabilitas                      benefits, estimated claim liabilities, and
          klaim, dan premi yang belum merupakan                              unearned premium income. The Subsidiary
          pendapatan. Entitas Anak menggunakan                               uses Gross Premium Valuation method in
          metode Gross Premium Valuation yang                                calculating liability for future policy benefits
          menghitung liabilitas manfaat polis masa                           which are based on best estimate assumptions
          depan berdasarkan asumsi estimasi terbaik                          and margin for adverse risk.
          dan margin atas risiko pemburukan.

     f.   Aset pajak tangguhan                                          f.   Deferred tax asset

          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. Management judgment
          temporer yang boleh dikurangkan. Justifikasi                       is required to determine the amount of
          manajemen diperlukan untuk menentukan                              deferred tax assets that can be recognized,
          jumlah aset pajak tangguhan yang dapat                             based upon the likely timing on level of future
          diakui, sesuai dengan waktu yang tepat dan                         taxable profits together with future strategic
          tingkat laba fiskal di masa mendatang sejalan                      planning.
          dengan strategi rencana perpajakan ke depan.

     g.   Revaluasi aset tetap                                          g.   Fixed asset revaluation
          Revaluasi aset tetap Grup bergantung pada                          The Group’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                          amounts. Those assumptions include among
          lain: tingkat diskonto, nilai tukar, tingkat inflasi               others: discount rate, exchange rate, inflation
          dan tingkat kenaikan pendapatan dan biaya.                         rate and revenue and cost increase rate. The
          Grup berkeyakinan bahwa asumsi tersebut                            Group believes that its assumptions are
          adalah wajar dan sesuai, perbedaan signifikan                      reasonable and appropriate and significant
          dalam asumsi yang ditetapkan Grup dapat                            differences in the Group’s assumptions may
          mempengaruhi secara material nilai aset tetap                      materially affect the valuation of its fixed
          yang direvaluasi.                                                  assets.

     h.   Konsolidasian entitas terstruktur                             h.   Consolidation of structured entities
          Dalam menentukan tingkat pengendalian yang                         In determining the degree of control exercised,
          dimiliki, Grup mempertimbangkan apakah                             the Group considers whether these entities
          entitas tersebut memenuhi definisi Entitas                         meet the definition of Structured Entities and
          Terstruktur dan apakah Grup, secara                                whether the Group, in substance, controls
          substansi, mengendalikan entitas tersebut.                         such entities.

          Ketika Grup, secara substansi, mengendalikan                       When the Group, in substance, controls the
          entitas terstruktur tersebut, entitas tersebut                     entity to which the financial assets have been
          dikonsolidasikan oleh Grup.                                        transferred, the entity is consolidated by the
                                                                             Group.




                                                       Halaman - 86 - Page                              2024 Annual Report
                                                                                      PT Bank Negara Indonesia (Persero) Tbk
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Page 697
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                         3. USE OF CRITICAL ACCOUNTING ESTIMATES
       AKUNTANSI YANG PENTING (lanjutan)                               AND JUDGMENTS (continued)
       Sumber utama ketidakpastian estimasi: (lanjutan)                 Key sources of estimation uncertainty: (continued)

       i.   Menentukan jangka waktu kontrak dengan                      i.   Determine the contract term with extension
            opsi   perpanjangan     dan   penghentian                        and contract termination options - the
            kontrak - Grup sebagai lessee                                    Group as lessee

            Grup menentukan jangka waktu sewa sebagai                        The Group determines the lease term as non-
            jangka waktu sewa yang tidak dapat                               cancellable term, together with the period
            dibatalkan, bersama dengan periode yang                          covered by the option to extend the lease if it is
            dicakup oleh opsi untuk memperpanjang masa                       determined to be exercised, or any period
            sewa jika dipastikan akan dilaksanakan, atau                     covered by the option to terminate the lease, if
            periode apapun yang dicakup oleh opsi untuk                      it is reasonably certain not to be exercised.
            menghentikan sewa, jika cukup wajar untuk
            tidak dilakukan.

            Grup memiliki beberapa kontrak sewa yang                         The Group has several lease contracts that
            mencakup opsi perpanjangan dan penghentian                       include extension and contract termination in
            jangka waktu sewa. Grup menerapkan                               the lease terms. The Group applies its
            penilaian dalam mengevaluasi apakah dapat                        judgment in evaluating whether it is certain to
            dipastikan jika akan menggunakan opsi untuk                      exercise the option to extend or terminate the
            memperpanjang atau menghentikan sewa. Hal                        lease. This is done by considering all relevant
            tersebut dilakukan dengan mempertimbangkan                       facts and circumstances that provide economic
            seluruh fakta dan keadaan yang relevan yang                      incentives to extend or terminate the lease.
            memberikan insentif ekonomi untuk melakukan                      After the commencement date, the Group
            perpanjangan atau penghentian sewa. Setelah                      reassesses the lease term, if there is a
            tanggal dimulainya, Grup menilai kembali                         significant event or change in circumstances
            masa sewa, jika terdapat peristiwa atau                          which is under its control and affects whether
            perubahan signifikan dalam keadaan yang                          the lessee is certain enough to exercise the
            berada dalam kendali dan mempengaruhi                            option to extend or terminate the lease.
            apakah      lessee    cukup   pasti   untuk
            mengeksekusi opsi memperpanjang atau
            menghentikan sewa.
       j.   Penurunan nilai aset non-keuangan                           j.   Impairment of non-financial assets

            Grup mengevaluasi penurunan nilai aset                           The Group assesses impairment of assets
            apabila terdapat kejadian atau perubahan                         whenever events or changes in circumstances
            keadaan yang mengindikasikan bahwa nilai                         that would indicate that the carrying amount of
            tercatat aset tidak dapat dipulihkan kembali.                    an asset may not be recoverable. The factors
            Faktor-faktor     penting     yang     dapat                     that the Group considers important which could
            menyebabkan penelaahan penurunan nilai                           trigger an impairment review include the
            adalah sebagai berikut:                                          following:

            a)    performa yang tidak tercapai secara                        a)    significant underperformance relative to
                  signifikan terhadap ekspektasi historis                          expected historical or projected future
                  atau proyeksi hasil operasi di masa                              operating results;
                  yang akan 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.




                                                       Halaman - 87 - Page
1298   Transforming the Future, Empowering Indonesia
Page 698
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                       3.   USE OF CRITICAL ACCOUNTING ESTIMATES
     AKUNTANSI YANG PENTING (lanjutan)                               AND JUDGMENTS (continued)

     Sumber utama ketidakpastian estimasi (lanjutan)                 Key sources of estimation uncertainty (continued)

     j.   Penurunan      nilai    aset    non-keuangan               j.   Impairment       of     non-financial       assets
          (lanjutan)                                                      (continued

          Grup mengakui kerugian penurunan nilai                          The Group 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
          atau, jika tidak memungkinkan, untuk unit                       or, if it is not possible, for the cash-generating
          penghasil kas yang mana aset tersebut                           unit to which the asset belongs.
          merupakan bagian daripada unit tersebut.

          Pembalikan rugi penurunan nilai, untuk aset                     Reversal on impairment loss for assets other
          selain goodwill, diakui jika, dan hanya jika,                   than goodwill would be recognized if, and only
          terdapat perubahan estimasi yang digunakan                      if, there has been a change in the estimates
          dalam menentukan jumlah terpulihkan aset                        used to determine the assets’ recoverable
          sejak pengujian penurunan nilai terakhir kali.                  amount since the last impairment test was
          Pembalikan rugi penurunan nilai tersebut                        carried out. Reversal on impairment losses will
          diakui segera dalam laba rugi, tetapi tidak                     be immediately recognized in profit or loss, but
          boleh melebihi akumulasi rugi penurunan                         not in excess of any accumulated impairment
          nilai yang telah diakui sebelumnya. Rugi                        loss previously recognized. Impairment losses
          penurunan nilai yang diakui atas goodwill                       relating to goodwill would not be reversed.
          tidak dibalik lagi.

     k.   Additional Tier 1 Perpetual Non-                           k.   Additional      Tier   1 Perpetual   Non-
          Cumulative Capital Securities (”AT-1                            Cumulative      Capital Securities (”AT-1
          Capital”)                                                       Capital”)

          Dalam mengklasifikasikan AT-1 Capital                           In classifying AT-1 Capital as a financial
          sebagai liabilitas keuangan, Bank telah                         liability, the Bank has determined that in terms
          menetapkan bahwa dalam terms and                                and conditions, there is a mandatory
          conditions, terdapat klausul mandatory                          redemption clause - redemption for a capital
          redemption - redemption for a capital trigger                   trigger event where when BNI's Capital
          event dimana ketika Capital Adequacy Ratio                      Adequacy Ratio ("CAR") reaches a certain
          (“CAR”) BNI mencapai rasio tertentu maka                        ratio, BNI shall repay the outstanding principal
          BNI harus melakukan pelunasan terhadap                          and interest from AT-1 Capital. This has met
          pokok terutang dan bunga dari AT-1 Capital.                     the criteria for contingent settlement which is
          Hal ini telah memenuhi kriteria contingent                      genuine and unavoidable hence that it will
          settlement yang bersifat genuine dan tidak                      create contractual obligations in the future.
          dapat dihindari sehingga akan menimbulkan
          kewajiban kontraktual dimasa yang akan
          datang.

          Dalam mengklasifikasikan AT-1 Capital                           In classifying AT-1 Capital as a financial
          pada liabilitas keuangan, Bank telah                            liability, the Bank has determined that the
          menetapkan bahwa AT-1 Capital tersebut                          AT-1 Capital has met the classification
          telah memenuhi persyaratan klasifikasi                          requirements as stated above.
          sebagaimana disebutkan di atas.




                                                    Halaman - 88 - Page                              2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1299
Page 699
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                      31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

  4.   KAS                                                                4.   CASH

       Kas terdiri dari:                                                       Cash consists of the following:

                                                        2024                      2023

       Rupiah                                                12,614,225            10,389,188                                 Rupiah

       Mata uang asing                                                                                              Foreign currencies
         Dolar Amerika Serikat                                 649,059                415,467                  United States Dollar
         Dolar Singapura                                       257,628                206,643                      Singapore Dollar
         Euro Eropa                                             53,413                 59,168                       European Euro
         Real Arab Saudi                                        27,076                  6,232                  Saudi Arabian Real
         Dolar Australia                                        23,560                 39,827                      Australian Dollar
         Pound Sterling Inggris                                 19,569                 37,973          Great Britain Pound Sterling
         Dolar Hong Kong                                        18,310                 12,288                    Hong Kong Dollar
         Franc Swiss                                            11,385                 12,709                          Swiss Franc
        Dolar Kanada                                             8,248                  4,299                      Canadian Dollar
         Dirham Uni Emirat Arab                                  8,029                  4,241         United Arab Emirates Dirham
         Yen Jepang                                              7,761                  9,546                        Japanese Yen
         Yuan China                                              5,567                  3,025                        Chinese Yuan
         Dolar Brunei                                            2,474                  3,073                          Brunei Dollar
         Ringgit Malaysia                                        1,463                  1,135                     Malaysian Ringgit
         Dolar Selandia Baru                                     1,113                  1,157                  New Zealand Dollar
         Won Korea Selatan                                         406                    498                   South Korean Won
         Dolar Taiwan                                              358                    322                         Taiwan Dollar
         Baht Thailand                                             286                    242                         Thailand Baht
         Kroner Norwegia                                             -                    168                      Norwegia Kroner

                                                              1,095,705               818,013
                                                             13,709,930            11,207,201


       Saldo dalam mata uang Rupiah termasuk uang                              The Rupiah balance includes cash in ATMs
       pada mesin ATM (Anjungan Tunai Mandiri)                                 (Automatic Teller Machines) of Rp4,690,396 and
       sejumlah Rp4.690.396 dan Rp5.276.292 masing                             Rp5,276,292 as of 31 December 2024 and
       masing pada tanggal 31 Desember 2024 dan                                2023, respectively.
       2023.


  5.   GIRO PADA BANK INDONESIA                                           5.   CURRENT ACCOUNTS WITH BANK INDONESIA

                                                        2024                      2023

       Rupiah                                                43,716,990            57,794,759                                 Rupiah
       Dolar Amerika Serikat                                  7,952,064             7,461,673                     United States Dollar

                                                             51,669,054            65,256,432


       Giro Wajib Minimum (GWM) Bank sesuai dengan                             Minimum Statutory Reserves (GWM) Bank in
       Peraturan Bank Indonesia dan Peraturan Anggota                          accordance with Bank Indonesia (BI) Regulation
       Dewan Gubernur (PADG) diungkapkan pada                                  Regulation of Members of The Board of Governors
       Catatan 59a.                                                            (PADG) are disclosed in Note 59a.




                                                       Halaman - 89 - Page
1300   Transforming the Future, Empowering Indonesia
Page 700
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                       NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                            FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                            31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                  (Expressed in millions of Rupiah, unless otherwise stated)

6. GIRO PADA BANK LAIN                                                   6.   CURRENT ACCOUNTS WITH OTHER BANKS

    a.   Berdasarkan mata uang                                                a.    By currency

                                                      2024                         2023

         Rupiah                                              192,342                  602,104                                    Rupiah

         Mata uang asing                                                                                            Foreign currencies
           Dolar Amerika Serikat                           10,015,639               23,651,471                    United States Dollar
           Yen Jepang                                       7,775,337                7,805,246                          Japanese Yen
           Dolar Singapura                                  1,511,752                  692,266                        Singapore Dollar
           Yuan China                                       1,167,916                1,139,216                          Chinese Yuan
           Euro Eropa                                         791,024                  675,304                         European Euro
           Won Korea Selatan                                  149,697                  142,170                     South Korean Won
           Pound Sterling Inggris                             121,862                   88,676            Great Britain Pound Sterling
           Dolar Australia                                    118,223                   15,940                        Australian Dollar
           Real Arab Saudi                                     59,354                   55,006                    Saudi Arabian Real
           Dirham Uni Emirat Arab                              38,266                   24,758           United Arab Emirates Dirham
           Dolar Hong Kong                                     37,852                   27,931                      Hong Kong Dollar
           Ringgit Malaysia                                    34,500                   10,948                      Malaysian Ringgit
           Franc Swiss                                         24,730                   62,049                            Swiss Franc
           Dolar Kanada                                        15,731                   14,723                        Canadian Dollar
           Baht Thailand                                       11,717                    7,368                           Thailand Baht
           Dolar Selandia Baru                                  8,244                    7,593                    New Zealand Dollar

                                                           21,881,844               34,420,665
         Total                                             22,074,186               35,022,769                                         Total
         Cadangan kerugian penurunan nilai                        (13)                        (7)       Allowance for impairment losses

                                                           22,074,173               35,022,762


    b.   Berdasarkan hubungan                                                 b.    By relationship

                                                      2024                         2023

         Pihak berelasi                                                                                                 Related parties
           Rupiah                                             25,703                      34,202                               Rupiah
           Mata uang asing                                    17,271                      18,052                    Foreign currencies

         Total pihak berelasi                                 42,974                      52,254                     Total related parties


         Pihak ketiga                                                                                                      Third parties
           Rupiah                                             166,639                  567,902                                 Rupiah
           Mata uang asing                                 21,864,573               34,402,613                      Foreign currencies

         Total pihak ketiga                                22,031,212               34,970,515                         Total third parties

         Total                                             22,074,186               35,022,769                                         Total
         Cadangan kerugian penurunan nilai                        (13)                        (7)       Allowance for impairment losses
                                                           22,074,173               35,022,762




                                                    Halaman - 90 - Page                                         2024 Annual Report
                                                                                              PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                         1301
Page 701
                                               PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                  DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                 (Expressed in millions of Rupiah, unless otherwise stated)

  6.   GIRO PADA BANK LAIN (lanjutan)                                                    6.        CURRENT ACCOUNTS WITH OTHER BANKS
                                                                                                   (continued)

       c.   Berdasarkan kolektibilitas sesuai Peraturan                                            c.   By Financial              Service        Authority          Rule
            OJK                                                                                         collectibility

            Kolektibilitas giro pada bank lain sesuai                                                   Collectibility current accounts with other banks
            Peraturan OJK diungkapkan pada Catatan                                                      in accordance with Financial Service Authority
            59b.                                                                                        Rule are disclosed in Note 59b.


       d.   Nilai tercatat bruto dan cadangan kerugian                                             d.   Gross carrying amount and allowance for
            penurunan nilai                                                                             impairment losses

            Perubahan nilai tercatat bruto adalah sebagai                                               Movements in the gross carrying amount are
            berikut:                                                                                    as follows:

                                                                                        2024
                                                                                                   Kerugian kredit
                                                                             Kerugian kredit        ekspektasian
                                                                              ekspektasian           sepanjang
                                                                                sepanjang            umurnya -
                                                  Kerugian kredit           umurnya - kredit            kredit
                                                  ekspektasian 12           tidak memburuk/          memburuk/
                                                  bulan/12-month            Lifetime ECL Not        Lifetime ECL
                                                       ECL                   Credit-impaired       Credit-impaired       Total/Total
                                                                                                                                                  Current accounts with
            Giro pada bank lain                                                                                                                              other banks
            Saldo awal                                       35,022,769                        -                     -      35,022,769                  Beginning balance
            Pengukuran kembali bersih*)                      65,872,596                        -                     -      65,872,596               Net remeasurement*)
            Aset keuangan baru yang                                                                                                                   New financial assets
             diterbitkan atau dibeli                          17,167,228                       -                     -      17,167,228           originated or purchased
            Pembayaran penuh                                 (95,411,752)                      -                     -     (95,411,752)                    Fully repayment
            Valuta asing dan                                                                                                                        Foreign exchange and
             perubahan lain                                    (576,655)                       -                     -        (576,655)                 other movements

                                                             22,074,186                        -                     -      22,074,186



            *) Termasuk di dalam pengukuran kembali bersih                                                                             Including in the net remeasurement is
               adalah pembayaran kembali                                                                                                                        repayment *)



                                                                                        2023
                                                                                                   Kerugian kredit
                                                                             Kerugian kredit        ekspektasian
                                                                              ekspektasian           sepanjang
                                                                                sepanjang            umurnya -
                                                  Kerugian kredit           umurnya - kredit            kredit
                                                  ekspektasian 12           tidak memburuk/          memburuk/
                                                  bulan/12-month            Lifetime ECL Not        Lifetime ECL
                                                       ECL                   Credit-impaired       Credit-impaired       Total/Total
                                                                                                                                                  Current accounts with
            Giro pada bank lain                                                                                                                              other banks
            Saldo awal                                    15,921,876                           -                     -      15,921,876                  Beginning balance
            Pengukuran kembali bersih*)                  104,944,568                           -                     -     104,944,568               Net remeasurement*)
            Aset keuangan baru yang                                                                                                                   New financial assets
             diterbitkan atau dibeli                       19,969,895                          -                     -      19,969,895           originated or purchased
            Pembayaran penuh                             (103,860,855)                         -                     -    (103,860,855)                    Fully repayment
            Valuta asing dan                                                                                                                        Foreign exchange and
             perubahan lain                                   (1,952,715)                      -                     -       (1,952,715)                other movements

                                                             35,022,769                        -                     -      35,022,769

            *) Termasuk di dalam pengukuran kembali bersih                                                                Including in the net remeasurement is repayment *)
               adalah pembayaran kembali




                                                                       Halaman - 91 - Page
1302   Transforming the Future, Empowering Indonesia
Page 702
                                      PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                         DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                   FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                  (Expressed in millions of Rupiah, unless otherwise stated)

6.   GIRO PADA BANK LAIN (lanjutan)                                     6.        CURRENT ACCOUNTS WITH OTHER BANKS
                                                                                  (continued)

     d.   Nilai tercatat bruto dan cadangan kerugian                              d.   Gross carrying amount and allowance for
          penurunan nilai (lanjutan)                                                   impairment losses (continued)
          Perubahan cadangan kerugian penurunan nilai                                  The movements in the allowance                               for
          adalah sebagai berikut:                                                      impairment losses are as follows:

                                                                       2024
                                                                                  Kerugian kredit
                                                            Kerugian kredit        ekspektasian
                                                             ekspektasian           sepanjang
                                                               sepanjang            umurnya -
                                       Kerugian kredit     umurnya - kredit            kredit
                                       ekspektasian 12     tidak memburuk/          memburuk/
                                       bulan/12-month      Lifetime ECL Not        Lifetime ECL
                                            ECL             Credit-impaired       Credit-impaired         Total/Total
                                                                                                                                Current accounts with
          Giro pada bank lain                                                                                                             other banks
          Saldo awal                                 7                        -                     -                   7             Beginning balance
          Pengukuran kembali bersih                                                                                               Net remeasurement of
           penyisihan kerugian                       16                       -                     -                16                 loss allowance
          Pembayaran penuh                          (12)                      -                     -               (12)                Fully repayment
          Aset keuangan baru yang                                                                                                   New financial assets
           diterbitkan atau dibeli                   2                        -                     -                    2     originated or purchased

                                                    13                        -                     -                   13


                                                                       2023
                                                                                  Kerugian kredit
                                                            Kerugian kredit        ekspektasian
                                                             ekspektasian           sepanjang
                                                               sepanjang            umurnya -
                                       Kerugian kredit     umurnya - kredit            kredit
                                       ekspektasian 12     tidak memburuk/          memburuk/
                                       bulan/12-month      Lifetime ECL Not        Lifetime ECL
                                            ECL             Credit-impaired       Credit-impaired         Total/Total
                                                                                                                                Current accounts with
          Giro pada bank lain                                                                                                             other banks
          Saldo awal                                 8                        -                     -                   8             Beginning balance
          Pengukuran kembali bersih                                                                                               Net remeasurement of
           penyisihan kerugian                        8                       -                     -                 8                 loss allowance
          Pembayaran penuh                          (11)                      -                     -               (11)                Fully repayment
          Aset keuangan baru yang                                                                                                   New financial assets
           diterbitkan atau dibeli                   2                        -                     -                   2      originated or purchased

                                                     7                        -                     -                   7



          Manajemen berpendapat bahwa jumlah                                           Management believes that the allowance for
          cadangan kerugian penurunan nilai telah                                      impairment losses is adequate.
          memadai.




                                                         Halaman - 92 - Page                                              2024 Annual Report
                                                                                                        PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                     1303
Page 703
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)

  6.   GIRO PADA BANK LAIN (lanjutan)                                          6.   CURRENT ACCOUNTS WITH OTHER BANKS
                                                                                    (continued)

       e.   Tingkat suku bunga per tahun                                            e.    Annual interest rates
                                                Dolar                                                Dolar
                                          Amerika Serikat/               Yuan China/               Australia/
                                         United States Dollar           Chinese Yuan            Australian Dollar
                                                  %                          %                         %

            2024                                     0.00 - 4.25               0.00 - 0.75               0.00 - 1.55                        2024
            2023                                     0.00 - 5.40               0.00 - 0.25                         -                        2023

            Giro pada bank lain selain dalam mata uang                                   Current accounts with other banks stated in
            Dolar Amerika Serikat, Yuan China, dan Dolar                                 currency other than United States Dollar,
            Australia tidak mendapat bunga.                                              Chinese Yuan, and Australian Dollar do not
                                                                                         earn interest.


  7.   PENEMPATAN PADA BANK LAIN DAN BANK                                      7.   PLACEMENTS WITH                    OTHER   BANKS       AND
       INDONESIA                                                                    BANK INDONESIA

       a.   Berdasarkan jenis dan mata uang                                         a.    By type and currency

            Perincian penempatan pada bank lain dan                                       Placements with other banks and Bank
            Bank Indonesia berdasarkan mata uang                                          Indonesia based on currencies are as follows:
            adalah sebagai berikut:

                                                             2024                        2023
            Rupiah                                                                                                                     Rupiah
              Bank Indonesia - Deposit Facility                    1,030,850              10,667,072         Bank Indonesia - Deposit Facility
              Call Money                                                                                                           Call Money
                PT Bank Danamon Indonesia Tbk                       250,000                         -     PT Bank Danamon Indonesia Tbk
                PT Bank UOB Indonesia                               250,000                         -             PT Bank UOB Indonesia
                Deutsche Bank AG.                                   184,780                    89,873                  Deutsche Bank AG.
                PT Bank Mega Tbk                                    150,000                   150,000                   PT Bank Mega Tbk
                PT Bank Maybank Indonesia Tbk                       150,000                         -      PT Bank Maybank Indonesia Tbk
                PT Bank DKI                                         150,000                    10,000                          PT Bank DKI
                PT Bank Pembangunan Daerah                                                                  PT Bank Pembangunan Daerah
                   Jawa Tengah                                      100,000                          -                       Jawa Tengah
                PT China Construction Bank                                                                     PT China Construction Bank
                   Indonesia Tbk                                    100,000                         -                       Indonesia Tbk
                PT Bank CIMB Niaga Tbk                              100,000                         -            PT Bank CIMB Niaga Tbk
                PT Bank KB Bukopin Tbk                               31,000                     6,000             PT Bank KB Bukopin Tbk
                PT Bank Victoria International Tbk                   15,000                    30,000     PT Bank Victoria International Tbk
                PT Bank OCBC NISP Tbk                                     -                   140,000            PT Bank OCBC NISP Tbk
                Standard Chartered Indonesia                              -                   140,000        Standard Chartered Indonesia
                PT Bank Pembangunan Daerah                                                                  PT Bank Pembangunan Daerah
                   Jawa Timur Tbk                                          -                  140,000                     Jawa Timur Tbk
                PT Bank Pembangunan Daerah                                                                  PT Bank Pembangunan Daerah
                   Sulawesi Selatan                                                                                      Sulawesi Selatan
                   & Sulawesi Barat                                        -                  100,000                    & Sulawesi Barat
                   Subtotal                                        1,480,780                  805,873                               Subtotal
              Negotiable Certificate of Deposit                                                               Negotiable Certificate of Deposit
                PT Bank Tabungan Negara                                                                         PT Bank Tabungan Negara
                  (Persero) Tbk                                            -                    37,987                      (Persero) Tbk

              Deposito berjangka                                   1,327,238                 1,406,876                          Time deposits
                                                                   3,838,868              12,917,808




                                                           Halaman - 93 - Page
1304   Transforming the Future, Empowering Indonesia
Page 704
                                      PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                         DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                          31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                  (Expressed in millions of Rupiah, unless otherwise stated)

7.   PENEMPATAN PADA BANK LAIN DAN BANK                                  7.   PLACEMENTS WITH OTHER                    BANKS          AND
     INDONESIA (lanjutan)                                                     BANK INDONESIA (continued)

     a.   Berdasarkan jenis dan mata uang (lanjutan)                          a.    By type and currency (continued)

          Perincian penempatan pada bank lain dan                                  Placements with other banks and Bank
          Bank Indonesia berdasarkan mata uang                                     Indonesia based on currencies are as follows:
          adalah sebagai berikut: (lanjutan)                                       (continued)
                                                       2024                        2023

          Mata uang asing                                                                                         Foreign currencies
            Bank Indonesia - Deposit Facility               9,093,705               28,761,719       Bank Indonesia - Deposit Facility

            Call Money                                                                                                  Call Money
              JP Morgan Chase                                498,977                   96,273                    JP Morgan Chase
              PT Bank Syariah Indonesia Tbk                  402,375                        -       PT Bank Syariah Indonesia Tbk
              Wachovia Bank                                  333,971                  270,217                      Wachovia Bank
              Standard Chartered Bank, Jakarta               246,358                        -     Standard Chartered Bank, Jakarta
              Bank of New York Mellon                        113,470                  130,105            Bank of New York Mellon
              PT Bank ICBC Indonesia                          66,150                        -             PT Bank ICBC Indonesia
              PT Bank IBK Indonesia Tbk                            -                   61,588          PT Bank IBK Indonesia Tbk
               Subtotal                                     1,661,301                 558,183                              Subtotal

            Deposito berjangka                                                                                         Time deposits
              Canara Bank New York                           885,225                        -               Canara Bank New York
              Woori Bank Seoul                               784,815                  527,096                   Woori Bank Seoul
              Bank Mandiri Cayman Island                     321,900                        -          Bank Mandiri Cayman Island
              The Chugoku Bank Limited                       160,950                  153,970            The Chugoku Bank Limited
              The San-In Godo Bank                           160,950                  153,970               The San-In Godo Bank
              Bank Mandiri Europe                            160,950                        -                 Bank Mandiri Europe
              Standard Chartered Indonesia                     4,142                  181,498         Standard Chartered Indonesia
              PT Bank Pembangunan Daerah                                                            PT Bank Pembangunan Daerah
                 Jawa Barat dan Banten Tbk                      2,829                       -         Jawa Barat dan Banten Tbk
              BRI New York                                          -                 384,925                       BRI New York
              Sumitomo Mitsui Banking Corp                          -                  76,985        Sumitomo Mitsui Banking Corp
              Bank IBK Indonesia                                    -                  76,985                  Bank IBK Indonesia
              PT Bank DBS Indonesia                                 -                   1,125              PT Bank DBS Indonesia
               Subtotal                                     2,481,761                1,556,554                             Subtotal
                                                           13,236,767               30,876,456
          Total                                            17,075,635               43,794,264                                    Total
          Cadangan kerugian                                                                                              Allowance for
            penurunan nilai                                      (194)                     (98)                    impairment losses
                                                           17,075,441               43,794,166


          Berdasarkan mata uang                                               By currency
                                                      2024                         2023

          Rupiah                                            3,838,868               12,917,808                                  Rupiah

          Mata uang asing                                                                                          Foreign currencies
            Dolar Amerika Serikat                          12,466,277               30,472,536                   United States Dollar
            Won Korea Selatan                                 704,340                  403,920                    South Korean Won
            Yuan China                                         66,150                        -                        Chinese Yuan
                                                           13,236,767               30,876,456
          Total                                            17,075,635               43,794,264                                    Total
          Cadangan kerugian                                                                                              Allowance for
            penurunan nilai                                      (194)                     (98)                    impairment losses
                                                           17,075,441               43,794,166




                                                    Halaman - 94 - Page                                        2024 Annual Report
                                                                                             PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                       1305
Page 705
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                          31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                  (Expressed in millions of Rupiah, unless otherwise stated)

  7.   PENEMPATAN PADA BANK LAIN DAN BANK                                  7.   PLACEMENTS WITH OTHER                   BANKS       AND
       INDONESIA (lanjutan)                                                     BANK INDONESIA (continued)

       b.   Berdasarkan hubungan                                                b.    By relationship

                                                        2024                         2023

            Pihak berelasi                                                                                              Related parties

            Rupiah                                                                                                               Rupiah
              Deposito berjangka                               734,966                  787,709                         Time deposits
              Negotiable Certificate Deposit                         -                   37,987          Negotiable Certificate Deposit

                                                               734,966                  825,696

            Mata uang asing                                                                                         Foreign currencies
              Call Money                                       402,375                        -                           Call Money
              Deposito Berjangka                               482,850                  384,925                        Time Deposits
                                                               885,225                  384,925
            Total pihak berelasi                              1,620,191                1,210,621                     Total related parties


            Pihak ketiga                                                                                                   Third parties

            Rupiah                                                                                                               Rupiah
              Bank Indonesia - Deposit Facility               1,030,850               10,667,072       Bank Indonesia - Deposit Facility
              Call Money                                      1,480,780                  805,873                           Call Money
              Deposito berjangka                                592,272                  619,167                         Time deposits
                                                              3,103,902               12,092,112

            Mata uang asing                                                                                         Foreign currencies
              Bank Indonesia - Deposit Facility               9,093,705               28,761,719       Bank Indonesia - Deposit Facility
              Deposito berjangka                              1,998,911                1,171,629                         Time deposits
              Call Money                                      1,258,926                  558,183                           Call Money
                                                             12,351,542               30,491,531
            Total pihak ketiga                               15,455,444
                                                                      ``
                                                                                      42,583,643                       Total third parties
            Total                                            17,075,635               43,794,264                                   Total
            Cadangan kerugian                                                                                             Allowance for
              penurunan nilai                                      (194)                     (98)                   impairment losses
                                                             17,075,441               43,794,166


       c.   Berdasarkan kolektibilitas sesuai Peraturan                         c.    By Financial       Service     Authority      Rule
            OJK                                                                       collectibility

            Kolektibilitas penempatan pada bank lain dan                              Collectibility placement with other bank and
            Bank Indonesia sesuai Peraturan OJK                                       Bank Indonesia in accordance with Financial
            diungkapkan pada Catatan 59c.                                             Service Authority Rule are disclosed in Note
                                                                                      59c.




                                                       Halaman - 95 - Page
1306   Transforming the Future, Empowering Indonesia
Page 706
                                             PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                 FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                (Expressed in millions of Rupiah, unless otherwise stated)

7.   PENEMPATAN PADA BANK LAIN DAN BANK                                               7.        PLACEMENTS WITH OTHER                                BANKS          AND
     INDONESIA (lanjutan)                                                                       BANK INDONESIA (continued)

     d.   Nilai tercatat bruto dan cadangan kerugian                                            d.   Gross carrying amount and allowance for
          penurunan nilai                                                                            impairment losses

          Perubahan nilai tercatat bruto adalah sebagai                                              Movements in the gross carrying amount are
          berikut:                                                                                   as follows:

                                                                                     2024
                                                                                                Kerugian kredit
                                                                          Kerugian kredit        ekspektasian
                                                                           ekspektasian           sepanjang
                                                                             sepanjang            umurnya -
                                                Kerugian kredit          umurnya - kredit            kredit
                                                ekspektasian 12          tidak memburuk/          memburuk/
                                                bulan/12-month           Lifetime ECL Not        Lifetime ECL
                                                     ECL                  Credit-impaired       Credit-impaired         Total/Total

          Penempatan pada bank lain                                                                                                     Placements with other banks
           dan Bank Indonesia                                                                                                                   and Bank Indonesia
          Saldo awal                                     43,794,264                         -                     -         43,794,264              Beginning balance
          Pengukuran kembali bersih*)                  (311,889,914)                        -                     -       (311,889,914)          Net remeasurement*)
          Aset keuangan baru yang                                                                                                                 New financial assets
           diterbitkan atau dibeli                     285,196,141                          -                     -        285,196,141       originated or purchased
          Valuta asing dan                                                                                                                      Foreign exchange and
           perubahan lain                                     (24,856)                      -                     -            (24,856)             other movements

                                                           17,075,635                       -                     -         17,075,635


          *) Termasuk di dalam pengukuran kembali bersih                                                                  Including in the net remeasurement is repayment *)
             adalah pembayaran kembali.


                                                                                      2023
                                                                                                Kerugian kredit
                                                                          Kerugian kredit        ekspektasian
                                                                           ekspektasian           sepanjang
                                                                             sepanjang            umurnya -
                                                Kerugian kredit          umurnya - kredit            kredit
                                                ekspektasian 12          tidak memburuk/          memburuk/
                                                bulan/12-month           Lifetime ECL Not        Lifetime ECL
                                                     ECL                  Credit-impaired       Credit-impaired          Total/Total

          Penempatan pada bank lain                                                                                                       Placements with other banks
           dan Bank Indonesia                                                                                                                     and Bank Indonesia
          Saldo awal                                     51,569,342                         -                     -         51,569,342                Beginning balance
          Pengukuran kembali bersih*)                  (421,698,466)                        -                     -       (421,698,466)            Net remeasurement*)
          Aset keuangan baru yang                                                                                                                   New financial assets
           diterbitkan atau dibeli                     413,896,608                          -                     -        413,896,608         originated or purchased
          Valuta asing dan                                                                                                                        Foreign exchange and
           perubahan lain                                     26,780                        -                     -             26,780                other movements

                                                           43,794,264                       -                     -         43,794,264


          *) Termasuk di dalam pengukuran kembali bersih                                                                  Including in the net remeasurement is repayment *)
             adalah pembayaran kembali




                                                                    Halaman - 96 - Page                                                 2024 Annual Report
                                                                                                                      PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                        1307
Page 707
                                              PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                 DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                             NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                                  FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                                  31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                     (Expressed in millions of Rupiah, unless otherwise stated)

  7.   PENEMPATAN PADA BANK LAIN DAN BANK                                                  7.       PLACEMENTS WITH OTHER                                 BANKS         AND
       INDONESIA (lanjutan)                                                                         BANK INDONESIA (continued)

       d.   Nilai tercatat bruto dan cadangan kerugian                                              d.   Gross carrying amount and allowance for
            penurunan nilai (lanjutan)                                                                   impairment losses (continued)

            Perubahan cadangan kerugian penurunan nilai                                                  The movements in the allowance                                    for
            adalah sebagai berikut:                                                                      impairment losses are as follows:

                                                                                       2024
                                                                                                    Kerugian kredit
                                                                          Kerugian kredit            ekspektasian
                                                                           ekspektasian               sepanjang
                                                                             sepanjang                umurnya -
                                                 Kerugian kredit         umurnya - kredit                kredit
                                                 ekspektasian 12         tidak memburuk/              memburuk/
                                                 bulan/12-month          Lifetime ECL Not            Lifetime ECL
                                                      ECL                 Credit-impaired           Credit-impaired        Total/Total

            Penempatan pada bank lain                                                                                                             Placement with other banks
             dan Bank Indonesia                                                                                                                          and Bank Indonesia
            Saldo awal                                           98                             -                     -                   98                 Beginning balance
            Pengukuran kembali bersih                                                                                                                    Net remeasurement of
             penyisihan kerugian                               (164)                            -                     -                (164)                   loss allowance
            Aset keuangan baru yang                                                                                                                        New financial assets
             diterbitkan atau dibeli                            260                             -                     -                260            originated or purchased

                                                                194                             -                     -                194


                                                                                       2023
                                                                                                    Kerugian kredit
                                                                          Kerugian kredit            ekspektasian
                                                                           ekspektasian               sepanjang
                                                                             sepanjang                umurnya -
                                                 Kerugian kredit         umurnya - kredit                kredit
                                                 ekspektasian 12         tidak memburuk/              memburuk/
                                                 bulan/12-month          Lifetime ECL Not            Lifetime ECL
                                                      ECL                 Credit-impaired           Credit-impaired        Total/Total

            Penempatan pada bank lain                                                                                                             Placement with other banks
             dan Bank Indonesia                                                                                                                          and Bank Indonesia
            Saldo awal                                           26                             -                     -                   26                 Beginning balance
            Pengukuran kembali bersih                                                                                                                    Net remeasurement of
             penyisihan kerugian                                (31)                            -                     -                 (31)                   loss allowance
            Aset keuangan baru yang                                                                                                                        New financial assets
             diterbitkan atau dibeli                            103                             -                     -                103            originated or purchased

                                                                 98                             -                     -                   98


            Manajemen berpendapat bahwa jumlah                                                           Management believes that the allowance for
            cadangan kerugian penurunan nilai di atas                                                    impairment losses is adequate.
            telah memadai.

       e.   Penempatan pada bank lain dan Bank                                                      e.   Placements with other banks and Bank
            Indonesia yang digunakan sebagai jaminan                                                     Indonesia pledged as collateral

            Tidak terdapat penempatan pada bank lain                                                     There were no placements with other banks
            dan Bank Indonesia yang digunakan sebagai                                                    dan Bank Indonesia pledged as collateral as of
            jaminan pada tanggal 31 Desember 2024 dan                                                    31 December 2024 and 2023.
            2023.

       f.   Tingkat suku bunga per tahun                                                            f.   Annual interest rates
                                                   Dolar        Euro                               Dolar         Won Korea
                                              Amerika Serikat/ Eropa/         Yen Jepang        Singapura/         Selatan/       Yuan China/
                                               United States  European         Japanese         Singapore           South          Chinese
                               Rupiah             Dollar        Euro             Yen              Dollar         Korean Won          Yuan
                                 %                 %            %                 %                  %               %                %


            2024                0.00 - 7.00      2.00 - 5.17              -                -                 -      3.10 - 3.20            3.85                            2024
            2023                0.00 - 7.25      0.00 - 5.75              -                -                 -      3.10 - 3.55               -                            2023




                                                                    Halaman - 97 - Page
1308   Transforming the Future, Empowering Indonesia
Page 708
                                                 PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                    DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                                      NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                           FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                           31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                       (Expressed in millions of Rupiah, unless otherwise stated)

8.   EFEK-EFEK                                                                                8.    MARKETABLE SECURITIES

     a.   Berdasarkan jenis dan mata uang                                                           a.     By type and currency
                                                                   2024                                             2023
                                                        Nilai                Nilai                   Nilai                      Nilai
                                                      nominal/             tercatat/               nominal/                   tercatat/
                                                      Nominal              Carrying                Nominal                    Carrying
                                                       value                 Value                  value                       value


          Nilai wajar melalui                                                                                                                                  Fair value through profit
             laba rugi                                                                                                                                                        or loss
          Rupiah                                                                                                                                                                  Rupiah
          Sekuritas Rupiah Bank Indonesia                                                                                                               Bank Indonesia Rupiah Securities
             (SRBI)                                      2,553,060            2,848,847               2,606,364                   2,548,772                                  (SRBI)
          Reksadana                                     18,871,845           18,495,796               4,370,420                   4,705,367                                 Mutual funds
          Obligasi                                       1,071,102            1,296,808                 627,942                     642,116                                        Bonds
          Obligasi subordinasi                             119,500              121,725                 263,300                     268,932                          Subordinated bonds
          Efek lainnya*)                                 1,316,703            1,160,733               1,454,651                   1,478,167                             Other securities*)
                                                        23,932,210           23,923,909               9,322,677                   9,643,354
          Mata uang asing                                                                                                                                          Foreign currencies
          Reksadana                                          20,581                 35,705                31,756                     39,562                                Mutual funds
          Sekuritas Valas Bank Indonesia                                                                                                                 Bank Indonesia Valas Securities
             (SVBI)                                               -                      -                76,985                     76,348                                 (SVBI)
                                                             20,581                 35,705               108,741                    115,910
          Total nilai wajar melalui                                                                                                                              Total fair value through
             laba rugi                                  23,952,791           23,959,614               9,431,418                   9,759,264                              profit or loss

          Nilai wajar melalui                                                                                                                                  Fair value through other
             penghasilan komprehensif lain                                                                                                                  comprehensive income
          Rupiah                                                                                                                                                                Rupiah
          Reksadana                                     18,690,000           18,046,755              18,449,995                  18,673,630                                 Mutual funds
          Obligasi                                       4,618,744            4,414,877               5,317,136                   5,373,190                                       Bonds
          Obligasi subordinasi                             235,300              230,581                 336,500                     338,136                          Subordinated bonds
          Sekuritas Rupiah Bank Indonesia                                                                                                               Bank Indonesia Rupiah Securities
             (SRBI)                                               -                      -            1,189,390                   1,150,731                                  (SRBI)
                                                        23,544,044           22,692,213              25,293,021                  25,535,687
          Mata uang asing                                                                                                                                             Foreign currencies
          Reksadana                                        804,750                 789,302               769,850                    780,243                                 Mutual funds
          Obligasi                                         733,932                 705,927               779,088                    728,171                                       Bonds
                                                          1,538,682           1,495,229               1,548,938                   1,508,414

          Total nilai wajar melalui penghasilan                                                                                                                Total fair value through
             komprehensif lain                          25,082,726           24,187,442              26,841,959                  27,044,101            other comprehensive income


          Biaya perolehan diamortisasi                                                                                                                                    Amortised cost
          Rupiah                                                                                                                                                                  Rupiah
          Obligasi                                         300,000                 300,000               600,000                    542,790                                        Bonds
          Efek lainnya                                          80                      80                     -                          -                               Other securities
                                                           300,080                 300,080               600,000                    542,790
          Mata uang asing                                                                                                                                             Foreign currencies
          Obligasi                                           64,380                 64,339                61,588                     61,525                                        Bonds
          Efek lainnya                                       22,871                 22,871                     -                          -                               Other securities
                                                             87,251                 87,210                61,588                     61,525
          Total biaya perolehan
             diamortisasi                                  387,331                 387,290               661,588                    604,315                         Total amortised cost
          Total efek-efek                                                    48,534,346                                          37,407,680                  Total marketable securities
          Cadangan kerugian                                                                                                                                     Allowance for impairment
           penurunan nilai                                                            (273)                                        (242,941)                                   losses

                                                                             48,534,073                                          37,164,739

          *)                                                                                                  *)
               Termasuk di dalam efek-efek lainnya adalah saham yang tercatat di                                   Including in other securities are listed shares - held-for-trading.
                bursa - dimiliki untuk diperdagangkan.




                                                                       Halaman - 98 - Page                                                      2024 Annual Report
                                                                                                                              PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                                         1309
Page 709
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                          31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                  (Expressed in millions of Rupiah, unless otherwise stated)

  8.   EFEK-EFEK (lanjutan)                                                8.   MARKETABLE SECURITIES (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                          a.    By type and currency (continued)

            Perincian efek-efek berdasarkan mata uang                                 Marketable securities based on currencies are
            adalah sebagai berikut:                                                   as follow:

                                                        2024                         2023

            Rupiah                                           46,916,202               35,721,831                                 Rupiah

            Mata uang asing                                                                                           Foreign currency
              Dolar Amerika Serikat                           1,618,144               1,685,849                  United States Dollar

            Total                                            48,534,346              37,407,680                                    Total

            Cadangan kerugian penurunan nilai                      (273)               (242,941)        Allowance for impairment losses

                                                             48,534,073               37,164,739


       b.   Berdasarkan hubungan                                                b.    By relationship

                                                        2024                         2023

            Pihak berelasi                                                                                             Related parties
              Rupiah                                          9,857,620               11,064,596                              Rupiah
              Mata uang asing                                   299,795                  362,761                   Foreign currencies

            Total pihak berelasi                             10,157,415               11,427,357                   Total related parties


            Pihak ketiga                                                                                                  Third parties
              Rupiah                                         37,058,582               24,657,235                              Rupiah
              Mata uang asing                                 1,318,349                1,323,088                   Foreign currencies

            Total pihak ketiga                               38,376,931               25,980,323                      Total third parties

            Total                                            48,534,346               37,407,680                                   Total

            Cadangan kerugian penurunan nilai                      (273)                (242,941)       Allowance for impairment losses

                                                             48,534,073               37,164,739


       c.   Berdasarkan penerbit                                                c.    By issuer

                                                        2024                         2023

            Korporasi                                        27,992,999               30,645,586                           Corporates
            Bank Indonesia                                   18,495,796                3,775,851                        Bank Indonesia
            Bank                                              2,045,551                2,986,243                                Banks

            Total                                            48,534,346               37,407,680                                   Total

            Cadangan kerugian penurunan nilai                      (273)                (242,941)       Allowance for impairment losses

                                                             48,534,073               37,164,739




                                                       Halaman - 99 - Page
1310   Transforming the Future, Empowering Indonesia
Page 710
                                            PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                               DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                    FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                         (Expressed in millions of Rupiah, unless otherwise stated)

8.   EFEK-EFEK (lanjutan)                                                      8.      MARKETABLE SECURITIES (continued)
     d.   Berdasarkan peringkat                                                        d.     By rating
                                                                            2024
                                                 Pemeringkat/             Peringkat/           Nilai tercatat/
                                                  Agencies                 Rating              Carrying value

          Nilai wajar melalui laba rugi                                                                                Fair value through profit or loss
          Rupiah                                                                                                                                  Rupiah
          Sekuritas Rupiah Bank Indonesia                                                                                          Bank Indonesia Rupiah
             (SRBI)                                           -                       -             18,495,796                        Securities (SRBI)
          Reksadana                                           -                       -              2,848,847                              Mutual funds
          Obligasi                              Beragam/Various         Beragam/Various              1,296,808                                     Bonds
          Obligasi subordinasi                  Beragam/Various         Beragam/Various                121,725                       Subordinated bonds
          Efek lainnya                          Beragam/Various         Beragam/Various              1,160,733                            Other securities
          Subtotal                                                                                  23,923,909                                    Subtotal

          Mata uang asing                                                                                                            Foreign currencies
          Reksadana                                             -                        -                35,705                           Mutual funds

          Subtotal                                                                                        35,705                                 Subtotal

          Total nilai wajar melalui laba rugi                                                       23,959,614     Total fair value through profit or loss

          Nilai wajar melalui penghasilan                                                                                      Fair value through other
              komprehensif lain                                                                                              comprehensive income
          Rupiah                                                                                                                              Rupiah
          Reksadana                                                 -                     -         18,046,755                           Mutual funds
          Obligasi subordinasi                                                                                                     Subordinated bonds
            PT Bank Pembangunan Daerah Jawa                                                                            PT Bank Pembangunan Daerah
                Barat dan Banten Tbk                    Pefindo                   idAA                 151,315          Jawa Barat dan Banten Tbk
            PT Bank Pan Indonesia Tbk                   Pefindo                   idAA                  68,469            PT Bank Pan Indonesia Tbk
            PT Bank UOB Indonesia                       Fitch                  AAA(idn)                 10,797               PT Bank UOB Indonesia
             Subtotal                                                                                  230,581                                Subtotal
          Obligasi                                                                                                                                  Bonds
            PT Sarana Multigriya                                                                                                  PT Sarana Multigriya
                Finansial (Persero)                    Pefindo                      idAAA              958,662                     Finansial (Persero)
            PT Perusahaan Listrik                                                                                                PT Perusahaan Listrik
               Negara (Persero)                        Pefindo                      idAAA              547,490                       Negara (Persero)
            PT Bank Mandiri (Persero)Tbk               Pefindo                      idAAA              431,283          PT Bank Mandiri (Persero)Tbk
            PT Hutama Karya (Persero)                  Pefindo                       idAA-             386,870             PT Hutama Karya (Persero)
            PT Chandra Asri Petrochemical Tbk          Pefindo                       idAA-             321,884     PT Chandra Asri Petrochemical Tbk
            PT Sarana Multi                                                                                                             PT Sarana Multi
               Infrastruktur (Persero)                 Pefindo                      idAAA              208,968                 Infrastruktur (Persero)
            PT Indosat Tbk                             Pefindo                      idAAA              197,509                           PT Indosat Tbk
            PT Permodalan Nasional Madani              Pefindo                      idAA+              153,314        PT Permodalan Nasional Madani
            PT Mandiri Tunas Finance                   Pefindo                      idAAA              151,539              PT Mandiri Tunas Finance
            PT Bank Rakyat                                                                                                             PT Bank Rakyat
               Indonesia (Persero) Tbk                 Pefindo                      idAAA              119,588              Indonesia (Persero) Tbk
            PT Merdeka Battery Materials Tbk           Pefindo                          idA            100,080       PT Merdeka Battery Materials Tbk
            PT XL Axiata Tbk                           Pefindo                       idAA-              98,009                        PT XL Axiata Tbk
            PT Pegadaian (Persero)                     Pefindo                      idAAA               97,965                PT Pegadaian (Persero)
            PT Adira Dinamika Multi Finance Tbk        Pefindo                      idAAA               81,513     PT Adira Dinamika Multi Finance Tbk
            PT Mora Telematika Indonesia Tbk           Pefindo                        idA+              83,110      PT Mora Telematika Indonesia Tbk
            PT Maybank Indonesia Finance               Pefindo                      idAAA               79,162         PT Maybank Indonesia Finance
            PT Bank Pan Indonesia Tbk                  Pefindo                        idAA              54,969             PT Bank Pan Indonesia Tbk
            PT Adhi Karya (Persero) Tbk                Pefindo                         idA-             49,917            PT Adhi Karya (Persero) Tbk
            PT Pupuk Indonesia (Persero)               Pefindo                      idAAA               49,456          PT Pupuk Indonesia (Persero)
            PT Kereta Api Indonesia (Persero)          Pefindo                      idAAA               41,635      PT Kereta Api Indonesia (Persero)
            PT Telkom Indonesia Tbk                    Pefindo                      idAAA               36,830               PT Telkom Indonesia Tbk
            PT Indonesia Infrastructure Finance        Pefindo                      idAAA               33,308     PT Indonesia Infrastructure Finance
            PT Bank Pembangunan Daerah Jawa                                                                            PT Bank Pembangunan Daerah
                Barat dan Banten Tbk                   Pefindo                       idAA                 18,450         Jawa Barat dan Banten Tbk
            PT Bank Tabungan                                                                                               PT Bank Tabungan Negara
               Negara (Persero) Tbk                    Pefindo                   idAAA                    15,961                        (Persero) Tbk
            PT Astra Sedaya Finance                    Pefindo                   idAAA                    14,574             PT Astra Sedaya Finance
            PT Bank Syariah Indonesia Tbk              Pefindo                   idAAA                    11,879       PT Bank Syariah Indonesia Tbk
            Lainnya                             Beragam/various         Beragam/various                   70,951                                 Others
             Subtotal                                                                                4,414,876                                Subtotal
                                                                                                    22,692,212




                                                          Halaman - 100 - Page                                           2024 Annual Report
                                                                                                       PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                         1311
Page 711
                                           PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                       NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                            FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                            31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                   (Expressed in millions of Rupiah, unless otherwise stated)

  8.   EFEK-EFEK (lanjutan)                                                8.      MARKETABLE SECURITIES (continued)

       d.   Berdasarkan peringkat (lanjutan)                                       d.   By rating (continued)
                                                                        2024
                                                 Pemeringkat/         Peringkat/          Nilai tercatat/
                                                  Agencies             Rating             Carrying value

            Mata uang asing                                                                                                   Foreign currencies
            Reksadana                                           -                   -             789,303                             Mutual funds
            Obligasi                                                                                                                        Bonds
              PT Perusahaan Listrik Negara                                                                         PT Perusahaan Listrik Negara
                 (Persero)                              Pefindo              idAAA                102,442                           (Persero)
              Merrill Lynch & Co                           Fitch                  A                80,794                     Merrill Lynch & Co
              Wachovia Bank, N.A.                Beragam/various    Beragam/various                79,579                  Wachovia Bank, N.A.
              Suntrust Bank                                Fitch               BB+                 79,388                         Suntrust Bank
              M&T Bank Corporation               Beragam/various    Beragam/various                78,895                M&T Bank Corporation
              JP Morgan Chase Bank, N.A.         Beragam/various    Beragam/various                77,228           JP Morgan Chase Bank, N.A.
              The Huntington National Bank                 Fitch               BB+                 74,587          The Huntington National Bank
              PT Pertamina (Persero)                       Fitch               BBB                 67,296               PT Pertamina (Persero)
              PT Pelabuhan Indonesia (Persero)             Fitch               BBB                 65,718      PT Pelabuhan Indonesia (Persero)

              Subtotal                                                                            705,927                              Subtotal
              Subtotal                                                                          1,495,230                              Subtotal
            Total nilai wajar pada penghasilan                                                                      Total fair value through other
              komprehensif lain                                                                 24,187,442           comprehensive income


            Biaya perolehan diamortisasi                                                                                          Amortised cost
            Rupiah                                                                                                                         Rupiah
            Obligasi                                                                                                                        Bonds
              PT Sarana Multi                                                                                                   PT Sarana Multi
                 Infrastruktur (Persero)                Pefindo              idAAA                200,000              Infrastruktur (Persero)
              PT Semen Indonesia (Persero) Tbk           Pefindo             idAAA                100,000     PT Semen Indonesia (Persero) Tbk
              Lainnya                            Beragam/various    Beragam/various                    80                                Others
            Subtotal                                                                              300,080                                Subtotal

            Mata uang asing                                                                                                  Foreign currencies
            Obligasi                                                                                                                        Bonds
              PT Bank Mandiri (Persero) Tbk             Pefindo              idAAA                  64,339        PT Bank Mandiri (Persero) Tbk
              Lainnya                            Beragam/various    Beragam/various                 22,871                               Others
            Subtotal                                                                                87,210                               Subtotal
            Total biaya perolehan diamortisasi                                                     387,290                  Total amortised cost

            Total efek-efek                                                                     48,534,346            Total marketable securities
            Cadangan kerugian penurunan nilai                                                         (273)        Allowance for impairment losses
            Efek-efek - bersih                                                                  48,534,073            Marketable securities - net




                                                          Halaman - 101 - Page
1312   Transforming the Future, Empowering Indonesia
Page 712
                                            PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                               DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                     FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                     31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                           (Expressed in millions of Rupiah, unless otherwise stated)

8.   EFEK-EFEK (lanjutan)                                                        8.      MARKETABLE SECURITIES (continued)

     d.   Berdasarkan peringkat (lanjutan)                                               d.    By rating (continued)
                                                                              2023
                                                   Pemeringkat/             Peringkat/           Nilai tercatat/
                                                    Agencies                 Rating              Carrying value

          Nilai wajar melalui laba rugi                                                                                Fair value through profit or loss
          Rupiah                                                                                                                                  Rupiah
          Reksadana                                               -                       -             4,705,367                           Mutual funds
          Sekuritas Rupiah Bank Indonesia                                                                                  Issuing Bank Indonesia Rupiah
                (SRBI)                                          -                       -               2,548,772                     Securities (SRBI)
          Obligasi                                Beragam/Various         Beragam/Various                 642,116                                  Bonds
          Obligasi subordinasi                    Beragam/Various         Beragam/Various                 268,932                    Subordinated bonds
          Efek lainnya                            Beragam/Various         Beragam/Various               1,478,167                         Other securities
                                                                                                        9,643,354
          Mata uang asing                                                                                                             Foreign currencies
          Sekuritas Valas Bank Indonesia                                                                                     Issuing Bank Indonesia Valas
                (SVBI)                                            -                       -                76,348                      Securities (SVBI)
          Reksadana                                               -                       -                39,562                            Mutual funds

                                                                                                         115,910

          Total nilai wajar melalui laba rugi                                                           9,759,264   Total fair value through profit or loss

          Nilai wajar melalui penghasilan                                                                                       Fair value through other
              komprehensif lain                                                                                               comprehensive income
          Rupiah                                                                                                                                   Rupiah
          Reksadana                                                   -                    -          18,673,630                            Mutual funds
          Sekuritas Rupiah Bank Indonesia                                                                                  Issuing Bank Indonesia Rupiah
               (SRBI)                                                 -                    -            1,150,731                      Securities (SRBI)

          Obligasi subordinasi                                                                                                     Subordinated bonds
            PT Bank Pan Indonesia Tbk                      Pefindo             idAA - idA+               196,203          PT Bank Pan Indonesia Tbk
            PT Bank Pembangunan Daerah Jawa                                                                            PT Bank Pembangunan Daerah
                Barat dan Banten Tbk                       Pefindo                  idAA                   74,707       Jawa Barat dan Banten Tbk
            PT Bank UOB Indonesia                            Fitch               AAA(idn)                  67,226            PT Bank UOB Indonesia

             Subtotal                                                                                    338,136                               Subtotal
          Obligasi                                                                                                                                 Bonds
            PT Sarana Multigriya                                                                                                  PT Sarana Multigriya
                Finansial (Persero)                       Pefindo                     idAAA              790,249                  Finansial (Persero)
            PT Perusahaan Listrik Negara                                                                               PT Perusahaan Listrik Negara
                (Persero)                                 Pefindo                     idAAA              608,522                            (Persero)
            PT Bank Mandiri (Persero)Tbk                  Pefindo                     idAAA              412,450      PT Bank Mandiri (Persero) Tbk
            PT Hutama Karya (Persero)                     Pefindo                      idAA-             391,263          PT Hutama Karya (Persero)
            PT Telkom Indonesia Tbk                       Pefindo                     idAAA              327,050            PT Telkom Indonesia Tbk
            PT Semen Indonesia (Persero) Tbk              Pefindo                     idAA+              251,933 PT Semen Indonesia (Persero) Tbk
            PT Bank Maybank Indonesia Tbk                 Pefindo                     idAAA              236,198    PT Bank Maybank Indonesia Tbk
            PT Bank Tabungan Negara                                                                                       PT Bank Tabungan Negara
               (Persero) Tbk                               Pefindo                    idAAA              229,848                       (Persero) Tbk
            PT Indosat Tbk                                 Pefindo                    idAAA              222,130                        PT Indosat Tbk
            PT Chandra Asri Petrochemical Tbk              Pefindo                     idAA-             221,625 PT Chandra Asri Petrochemical Tbk
            PT Permodalan Nasional Madani                  Pefindo                    idAA+              200,567    PT Permodalan Nasional Madani
            PT Adira Dinamika Multi Finance Tbk            Pefindo                    idAAA              159,090 PT Adira Dinamika Multi Finance Tbk
            PT Sarana Multi                                                                                                            PT Sarana Multi
                Infrastruktur (Persero)                    Pefindo                    idAAA              120,814              Infrastruktur (Persero)
            PT Bank Rakyat Indonesia                                                                                       PT Bank Rakyat Indonesia
                (Persero) Tbk                              Pefindo                 idAAA                 119,290                       (Persero) Tbk
            PT XL Axiata Tbk                                 Fitch               AAA(idn)                108,530                     PT XL Axiata Tbk
            PT Mandiri Tunas Finance                       Pefindo                 idAAA                 102,058           PT Mandiri Tunas Finance
            PT Jasa Marga (Persero) Tbk                    Pefindo                   idAA                100,899        PT Jasa Marga (Persero) Tbk
            PT Bank KB Bukopin Tbk                         Pefindo                   idAA                 89,600            PT Bank KB Bukopin Tbk
            PT Pegadaian                                   Pefindo                 idAAA                  89,200                         PT Pegadaian
            PT Pupuk Indonesia (Persero)                     Fitch               AAA(idn)                 76,002       PT Pupuk Indonesia (Persero)
            PT Mora Telematika Indonesia Tbk               Pefindo                     idA                58,140 PT Mora Telematika Indonesia Tbk
            PT Adhi Karya (Persero) Tbk                    Pefindo                    idA-                50,574         PT Adhi Karya (Persero) Tbk
            PT Bank Mandiri Taspen                         Pefindo                 idAAA                  43,012             PT Bank Mandiri Taspen
            PT Indonesia Infrastructure Finance            Pefindo                 idAAA                  14,819 PT Indonesia Infrastructure Finance
            PT BRI Multifinance Indonesia                  Pefindo                   idAA                 12,418       PT BRI Multifinance Indonesia
            PT Bank CIMB Niaga Tbk                         Pefindo                   idAA                 10,081            PT Bank CIMB Niaga Tbk




                                                            Halaman - 102 - Page                                           2024 Annual Report
                                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                          1313
Page 713
                                           PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                         NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                              FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                              31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                    (Expressed in millions of Rupiah, unless otherwise stated)

  8.   EFEK-EFEK (lanjutan)                                                 8.      MARKETABLE SECURITIES (continued)

       d.   Berdasarkan peringkat (lanjutan)                                        d.    By rating (continued)
                                                                         2023
                                                  Pemeringkat/         Peringkat/           Nilai tercatat/
                                                   Agencies             Rating              Carrying value

            Nilai wajar melalui penghasilan                                                                               Fair value through other
                komprehensif lain (lanjutan)                                                                   comprehensive income (continued)

            Rupiah (lanjutan)                                                                                                    Rupiah (continued)

            Obligasi (lanjutan)                                                                                                    Bonds (continued)
              PT Kereta Api Indonesia (Persero)           Pefindo                idAAA                 9,943     PT Kereta Api Indonesia (Persero)
              PT Bank Pembangunan Daerah                                                                           PT Bank Pembangunan Daerah
                 Sulawesi Selatan dan                                                                                     Sulawesi Selatan dan
                 Sulawesi Barat                          Pefindo               idA+                   4,750                      Sulawesi Barat
              Lainnya                             Beragam/various    Beragam/various                312,135                                Others
              Subtotal                                                                            5,373,190                              Subtotal
                                                                                                 25,535,687


            Mata uang asing                                                                                                     Foreign currencies
            Reksadana                                            -                    -             780,243                            Mutual funds
            Obligasi                                                                                                                          Bonds
              PT Perusahaan Listrik Negara                                                                           PT Perusahaan Listrik Negara
                 (Persero)                                Pefindo                idAAA                97,688                         (Persero)
              PT Bank Rakyat Indonesia                                                                                  PT Bank Rakyat Indonesia
                 (Persero) Tbk                            Pefindo                idAAA                76,664                     (Persero) Tbk
              Bank of America                               Fitch                   AA                75,970                      Bank of America
              Wells Fargo                                   Fitch                   AA-               73,260                          Wells Fargo
              Suntrust Bank                                 Fitch                  BBB                72,577                        Suntrust Bank
              JP Morgan Chase Bank, N.A.                    Fitch                   AA                69,517          JPMorgan Chase Bank, N.A.
              M&T Bank Corporation                          Fitch                    A                68,357               M&T Bank Corporation
              The Huntington National Bank                  Fitch                    A-               67,254         The Huntington National Bank
              PT Pertamina (Persero)                        Fitch                  BBB                64,829              PT Pertamina (Persero)
              PT Pelabuhan Indonesia (Persero)              Fitch                  BBB                62,055     PT Pelabuhan Indonesia (Persero)

              Subtotal                                                                              728,171                              Subtotal
                                                                                                  1,508,414

            Total nilai wajar pada penghasilan                                                                        Total fair value through other
              komprehensif lain                                                                   27,044,101           comprehensive income


            Biaya perolehan diamortisasi                                                                                            Amortised cost
            Rupiah                                                                                                                           Rupiah
            Obligasi                                                                                                                          Bonds
              Intan Baruprana Finance                            -                    -             242,790             Intan Baruprana Finance
              PT Sarana Multi                                                                                                     PT Sarana Multi
                 Infrastruktur (Persero)                  Pefindo                idAAA              200,000              Infrastruktur (Persero)
              PT Semen Indonesia (Persero) Tbk            Pefindo                idAA+              100,000     PT Semen Indonesia (Persero) Tbk

            Subtotal                                                                                542,790                                Subtotal

            Mata uang asing                                                                                                    Foreign currencies
            Obligasi                                                                                                                          Bonds
              PT Bank Mandiri (Persero)Tbk                Pefindo                idAAA                61,525        PT Bank Mandiri (Persero) Tbk
            Subtotal                                                                                  61,525                               Subtotal
            Total biaya perolehan diamortisasi                                                       604,315                   Total amortised cost

            Total efek-efek                                                                       37,407,680            Total marketable securities
            Cadangan kerugian penurunan nilai                                                       (242,941)        Allowance for impairment losses
            Efek-efek - bersih                                                                    37,164,739             Marketable securities - net




                                                           Halaman - 103 - Page
1314   Transforming the Future, Empowering Indonesia
Page 714
                                                 PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                    DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                     FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                     31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                    (Expressed in millions of Rupiah, unless otherwise stated)

8.   EFEK-EFEK (lanjutan)                                                                  8.       MARKETABLE SECURITIES (continued)

     e.   Berdasarkan kolektibilitas sesuai Peraturan                                               e.   By Financial                Service          Authority            Rule
          OJK                                                                                            collectibility

          Kolektibilitas efek-efek sesuai Peraturan OJK                                                  Collectibility  marketable      securities in
          diungkapkan pada Catatan 59d.                                                                  accordance with Financial Service Authority
                                                                                                         Rule are disclosed in Note 59d.

     f.   Nilai tercatat bruto dan cadangan kerugian                                                f.   Gross carrying amount and allowance for
          penurunan nilai                                                                                impairment losses

          Perubahan nilai tercatat bruto adalah sebagai                                                  Movements in the gross carrying amount are
          berikut:                                                                                       as follows:

                                                                                         2024
                                                                                                    Kerugian kredit
                                                                              Kerugian kredit        ekspektasian
                                                                               ekspektasian           sepanjang
                                                                                 sepanjang            umurnya -
                                                    Kerugian kredit          umurnya - kredit            kredit
                                                    ekspektasian 12          tidak memburuk/          memburuk/
                                                    bulan/12-month           Lifetime ECL Not        Lifetime ECL
                                                         ECL                  Credit-impaired       Credit-impaired         Total/Total

          Efek-efek yang diukur pada                                                                                                                 Marketable securities at
           biaya perolehan diamortisasi                                                                                                                       amortised cost
          Saldo awal                                             361,524                        -           242,791               604,315                    Beginning balance
          Pengukuran kembali bersih*)                              2,815                        -                 -                 2,815                 Net remeasurement*)
          Aset keuangan baru yang                                                                                                                          New financial assets
           diterbitkan atau dibeli                                 22,951                       -                  -                22,951          originated or purchased
          Hapus Buku                                                    -                       -           (242,791)             (242,791)                           Write-offs

                                                                 387,290                        -                     -           387,290


                                                                                         2024
                                                                                                    Kerugian kredit
                                                                              Kerugian kredit        ekspektasian
                                                                               ekspektasian           sepanjang
                                                                                 sepanjang            umurnya -
                                                    Kerugian kredit          umurnya - kredit            kredit
                                                    ekspektasian 12          tidak memburuk/          memburuk/
                                                    bulan/12-month           Lifetime ECL Not        Lifetime ECL
                                                         ECL                  Credit-impaired       Credit-impaired         Total/Total

          Efek-efek yang diukur pada nilai                                                                                                      Marketable securities at fair
           wajar melalui penghasilan                                                                                                                  value through other
           komprehensif lain                                                                                                                      comprehensive income
          Saldo awal                                          28,211,090               310,453                        -         28,521,543                   Beginning balance
          Pengukuran kembali bersih*)                         (7,140,098)              963,271                        -         (6,176,827)               Net remeasurement*)
          Aset keuangan baru yang                                                                                                                          New financial assets
           diterbitkan atau dibeli                             1,784,069                        -                     -          1,784,069            originated or purchased
          Valuta asing dan                                                                                                                               Foreign exchange and
           perubahan lain                                          33,578               25,079                        -            58,657                    other movements

                                                              22,888,639              1,298,803                       -         24,187,442

          *) Termasuk di dalam pengukuran kembali bersih adalah penjualan efek-efek                            Including in the net measurement is sales of marketable securities *)




                                                                        Halaman - 104 - Page                                                2024 Annual Report
                                                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                                1315
Page 715
                                                   PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                      DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                             NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                                  FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                                  31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                    (Expressed in millions of Rupiah, unless otherwise stated)

  8.   EFEK-EFEK (lanjutan)                                                                 8.        MARKETABLE SECURITIES (continued)

       f.   Nilai tercatat bruto dan cadangan kerugian                                                f.   Gross carrying amount and allowance for
            penurunan nilai (lanjutan)                                                                     impairment losses (continued)

            Perubahan nilai tercatat bruto adalah sebagai                                                  Movements in the gross carrying amount are
            berikut: (lanjutan)                                                                            as follows: (continued)

                                                                                           2023
                                                                                                      Kerugian kredit
                                                                                Kerugian kredit        ekspektasian
                                                                                 ekspektasian           sepanjang
                                                                                   sepanjang            umurnya -
                                                      Kerugian kredit          umurnya - kredit            kredit
                                                      ekspektasian 12          tidak memburuk/          memburuk/
                                                      bulan/12-month           Lifetime ECL Not        Lifetime ECL
                                                           ECL                  Credit-impaired       Credit-impaired       Total/Total

            Efek-efek yang diukur pada                                                                                                                 Marketable securities at
             biaya perolehan diamortisasi                                                                                                                       amortised cost
            Saldo awal                                             476,012                        -            246,493             722,505                     Beginning balance
            Aset keuangan baru yang                                                                                                                         New financial assets
             diterbitkan atau dibeli                               131,384                        -             (7,404)            123,980            originated or purchased
            Pembayaran penuh                                      (245,872)                       -              3,702            (242,170)                       Full repayment

                                                                   361,524                        -           242,791              604,315


                                                                                           2023
                                                                                                      Kerugian kredit
                                                                                Kerugian kredit        ekspektasian
                                                                                 ekspektasian           sepanjang
                                                                                   sepanjang            umurnya -
                                                      Kerugian kredit          umurnya - kredit            kredit
                                                      ekspektasian 12          tidak memburuk/          memburuk/
                                                      bulan/12-month           Lifetime ECL Not        Lifetime ECL
                                                           ECL                  Credit-impaired       Credit-impaired       Total/Total

            Efek-efek yang diukur pada nilai                                                                                                      Marketable securities at fair
             wajar melalui penghasilan                                                                                                                  value through other
             komprehensif lain                                                                                                                      comprehensive income
            Saldo awal                                          20,592,749               311,623                        -      20,904,372                      Beginning balance
            Pengukuran kembali bersih*)                          7,857,526                    (9)                       -       7,587,517                   Net remeasurement*)
            Aset keuangan baru yang                                                                                                                          New financial assets
             diterbitkan atau dibeli                                 31,471                       -                     -            31,471             originated or purchased
            Valuta asing dan                                                                                                                               Foreign exchange and
             perubahan lain                                            (656)               (1,161)                      -            (1,817)                   other movements

                                                                28,211,090               310,453                        -      28,521,543

            *) Termasuk di dalam pengukuran kembali bersih adalah penjualan efek-efek                            Including in the net measurement is sales of marketable securities *)


            Perubahan cadangan kerugian penurunan nilai                                                    Movements in the allowance for impairment
            adalah sebagai berikut:                                                                        losses are as follows:

                                                                                           2024
                                                                                                      Kerugian kredit
                                                                                Kerugian kredit        ekspektasian
                                                                                 ekspektasian           sepanjang
                                                                                   sepanjang            umurnya -
                                                      Kerugian kredit          umurnya - kredit            kredit
                                                      ekspektasian 12          tidak memburuk/          memburuk/
                                                      bulan/12-month           Lifetime ECL Not        Lifetime ECL
                                                           ECL                  Credit-impaired       Credit-impaired       Total/Total

            Efek-efek yang diukur pada                                                                                                                 Marketable securities at
             biaya perolehan diamortisasi                                                                                                                     amortised cost
            Saldo awal                                                  151                       -           242,790              242,941                     Beginning balance
            Pengukuran kembali bersih*)                                 119                       -                 -                  119                  Net remeasurement*)
            Aset keuangan baru yang                                                                                                                          New financial assets
             diterbitkan atau dibeli                                       3                      -                  -                   3              originated or purchased
            Hapus Buku                                                     -                      -           (242,790)           (242,790)                             Write-offs

                                                                        273                       -                     -               273




                                                                          Halaman - 105 - Page
1316   Transforming the Future, Empowering Indonesia
Page 716
                                                         PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                            DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                                FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                            (Expressed in millions of Rupiah, unless otherwise stated)

8.   EFEK-EFEK (lanjutan)                                                                         8.        MARKETABLE SECURITIES (continued)

     f.   Nilai tercatat bruto dan cadangan kerugian                                                        f.     Gross carrying amount and allowance for
          penurunan nilai (lanjutan)                                                                               impairment losses (continued)
          Perubahan cadangan kerugian penurunan nilai                                                              Movements in the allowance for impairment
          adalah sebagai berikut: (lanjutan)                                                                       losses are as follows: (continued)

                                                                                                 2024
                                                                                                            Kerugian kredit
                                                                                      Kerugian kredit        ekspektasian
                                                                                       ekspektasian           sepanjang
                                                                                         sepanjang            umurnya -
                                                            Kerugian kredit          umurnya - kredit            kredit
                                                            ekspektasian 12          tidak memburuk/          memburuk/
                                                            bulan/12-month           Lifetime ECL Not        Lifetime ECL
                                                                 ECL                  Credit-impaired       Credit-impaired            Total/Total*)

          Efek-efek yang diukur pada nilai                                                                                                                  Marketable securities at fair
           wajar melalui penghasilan                                                                                                                               value through other
           komprehensif lain                                                                                                                                  comprehensive income
          Saldo awal                                                       1,891                 2,538                           -               4,429                 Beginning balance
          Pengukuran kembali bersih                                                                                                                                Net remeasurement of
           penyisihan kerugian**)                                            699                   (65)                          -                 634                 loss allowance**)
          Aset keuangan baru yang                                                                                                                                    New financial assets
           diterbitkan atau dibeli                                           544                        -                        -                 544          originated or purchased
          Valuta asing dan                                                                                                                                         Foreign exchange and
           perubahan lain                                                     30                   198                           -                 228                 other movements
                                                                           3,164                 2,671                           -               5,835

          ΎͿ                                                                                                  ΎͿ
                          Cadangan kerugian penurunan nilai pada efek-efek dengan                                       Allowance for impairment losses on marketable securities classified as
                          klasifikasi nilai wajar melalui penghasilan komprehensif lain                                 fair value through other comprehensive income is recorded in other
                          dicatat pada penghasilan komprehensif lain, karena nilai                                      comprehensive income, because the carrying value is presented at fair
                          tercatatnya disajikan sebesar nilai wajarnya.                                                 value.
          ΎΎͿ                                                                                                 ΎΎͿ
                          Termasuk di dalam pengukuran kembali bersih penyisihan kerugian                               Including in the net measurement of loss allowance, is sales of
                          adalah penjualan efek-efek                                                                    marketable securities.


                                                                                                 2023
                                                                                                            Kerugian kredit
                                                                                      Kerugian kredit        ekspektasian
                                                                                       ekspektasian           sepanjang
                                                                                         sepanjang            umurnya -
                                                            Kerugian kredit          umurnya - kredit            kredit
                                                            ekspektasian 12          tidak memburuk/          memburuk/
                                                            bulan/12-month           Lifetime ECL Not        Lifetime ECL
                                                                 ECL                  Credit-impaired       Credit-impaired            Total/Total

          Efek-efek yang diukur pada                                                                                                                             Marketable securities at
           biaya perolehan diamortisasi                                                                                                                                 amortised cost
          Saldo awal                                                         175                        -                246,493              246,668                   Beginning balance
          Aset keuangan baru yang                                                                                                                                     New financial assets
           diterbitkan atau dibeli                                           151                        -                       -                  151           originated or purchased
          Pembayaran penuh                                                  (175)                       -                  (3,703)              (3,878)                    Full repayment

                                                                             151                        -                242,790              242,941


                                                                                                 2023
                                                                                                            Kerugian kredit
                                                                                      Kerugian kredit        ekspektasian
                                                                                       ekspektasian           sepanjang
                                                                                         sepanjang            umurnya -
                                                            Kerugian kredit          umurnya - kredit            kredit
                                                            ekspektasian 12          tidak memburuk/          memburuk/
                                                            bulan/12-month           Lifetime ECL Not        Lifetime ECL
                                                                 ECL                  Credit-impaired       Credit-impaired            Total/Total*)

          Efek-efek yang diukur pada nilai                                                                                                                  Marketable securities at fair
           wajar melalui penghasilan                                                                                                                               value through other
           komprehensif lain                                                                                                                                  comprehensive income
          Saldo awal                                                       2,852                 3,258                           -               6,110                 Beginning balance
          Pengukuran kembali bersih                                                                                                                                Net remeasurement of
           penyisihan kerugian**)                                           (756)                 (709)                          -              (1,465)                loss allowance**)
          Aset keuangan baru yang                                                                                                                                    New financial assets
           diterbitkan atau dibeli                                          (203)                       -                        -                (203)         originated or purchased
          Valuta asing dan                                                                                                                                         Foreign exchange and
           perubahan lain                                                      (2)                 (11)                          -                  (13)               other movements
                                                                           1,891                 2,538                           -               4,429

          ΎͿ                                                                                                  ΎͿ
                          Cadangan kerugian penurunan nilai pada efek-efek dengan                                       Allowance for impairment losses on marketable securities classified as
                          klasifikasi nilai wajar melalui penghasilan komprehensif lain                                 fair value through other comprehensive income is recorded in other
                          dicatat pada penghasilan komprehensif lain, karena nilai                                      comprehensive income, because the carrying value is presented at fair
                          tercatatnya disajikan sebesar nilai wajarnya.                                                 value.
          ΎΎͿ                                                                                                 ΎΎͿ
                          Termasuk di dalam pengukuran kembali bersih penyisihan kerugian                               Including in the net measurement of loss allowance, is sales of
                          adalah penjualan efek-efek                                                                    marketable securities.




                                                                               Halaman - 106 - Page                                                    2024 Annual Report
                                                                                                                                     PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                                           1317
Page 717
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                         NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                              FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                              31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                  (Expressed in millions of Rupiah, unless otherwise stated)

  8.   EFEK-EFEK (lanjutan)                                                8.    MARKETABLE SECURITIES (continued)
       f.   Nilai tercatat bruto dan cadangan kerugian                           f.     Gross carrying amount and allowance for
            penurunan nilai (lanjutan)                                                  impairment losses (continued)

            Manajemen berpendapat bahwa jumlah                                          Management believes that the allowance for
            cadangan kerugian penurunan nilai di atas                                   impairment losses stated above is adequate.
            telah memadai.

       g.   Tingkat suku bunga per tahun                                         g.    Annual interest rates
                                                                                Dolar
                                                                           Amerika Serikat/
                                                                            United States
                                                         Rupiah                 Dollar
                                                           %                     %

            Suku Bunga:                                                                                                        Interest Rate:
            2024                                       5.35 - 11.25             2.30 - 6.00                                             2024
            2023                                       5.35 - 11.25             2.30 - 7.16                                             2023



  9.   WESEL EKSPOR DAN TAGIHAN LAINNYA                                    9.    BILLS AND OTHER RECEIVABLES

       a.   Berdasarkan jenis dan mata uang                                      a.     By type and currency

                                                         2024                         2023

            Rupiah                                                                                                                  Rupiah
              Surat Keterangan Berdokumen                                                                         Domestic Documentary
                Dalam Negeri (SKBDN)                         3,018,683                   3,688,683                    Letters of Credit
              Wesel Ekspor                                     245,084                     182,530                            Export Bills
              Tagihan lainnya:                                                                                        Other receivables:
                - Open account financing dan                                                               Open account financing and -
                     Supply chain financing                  6,687,195                   8,832,690          Supply chain financing

                                                             9,950,962                 12,703,903


            Mata uang asing                                                                                            Foreign currencies
              Wesel Ekspor                                   2,405,788                   5,428,141                            Export Bills
              Surat Keterangan Berdokumen                                                                         Domestic Documentary
                Dalam Negeri (SKBDN)                            87,597                         81,085                 Letters of Credit
              Tagihan lainnya:                                                                                         Other receivables:
                - Open account financing dan                                                               Open account financing and -
                     Supply chain financing                    691,043                        799,271          Supply chain financing
                - Tagihan transaksi L/C Sight                  160,464                        265,095           L/C Sight receivables -

                                                             3,344,892                   6,573,592
            Total                                          13,295,854                  19,277,495                                     Total
            Cadangan kerugian                                                                                                Allowance for
              penurunan nilai                                   (52,828)                  (278,501)                    impairment losses

                                                           13,243,026                   18,998,994




                                                       Halaman - 107 - Page
1318   Transforming the Future, Empowering Indonesia
Page 718
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                          31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                  (Expressed in millions of Rupiah, unless otherwise stated)

9.   WESEL EKSPOR DAN TAGIHAN LAINNYA                                    9.   BILLS AND OTHER RECEIVABLES (continued)
     (lanjutan)

     a.   Berdasarkan jenis dan mata uang (lanjutan)                          a.    By type and currency (continued)

          Perincian wesel ekspor dan tagihan lainnya                                Bills and other receivables            based       on
          berdasarkan mata uang adalah sebagai                                      currencies are as follows:
          berikut:

                                                      2024                         2023

          Rupiah                                            9,950,962              12,703,903                                   Rupiah

          Mata uang asing                                                                                         Foreign currencies
            Dolar Amerika Serikat                           2,508,712               5,599,710                    United States Dollar
            Yuan China                                        835,837                 973,882                          Chinese Yuan
            Euro Eropa                                            343                        -                        European Euro

                                                            3,344,892               6,573,592
          Total                                            13,295,854               19,277,495                                    Total
          Cadangan kerugian                                                                                              Allowance for
            penurunan nilai                                   (52,828)                (278,501)                    impairment losses

                                                           13,243,026               18,998,994


     b.   Berdasarkan hubungan                                                b.    By relationship

                                                      2024                         2023

          Pihak berelasi                                                                                               Related parties
            Rupiah                                          6,121,139               10,004,155                                Rupiah
            Mata uang asing                                    87,597                   81,085                     Foreign currencies
          Total pihak berelasi                              6,208,736               10,085,240                      Total related parties


          Pihak ketiga                                                                                                    Third parties
            Rupiah                                          3,829,823                2,699,748                                Rupiah
            Mata uang asing                                 3,257,295                6,492,507                     Foreign currencies
          Total pihak ketiga                                7,087,118                9,192,255                        Total third parties
          Total                                            13,295,854               19,277,495                                    Total
          Cadangan kerugian                                                                                              Allowance for
            penurunan nilai                                   (52,828)                (278,501)                    impairment losses
                                                           13,243,026               18,998,994


     c.   Berdasarkan kolektibilitas sesuai Peraturan                         c.    By Financial       Service      Authority         Rule
          OJK                                                                       collectibility

          Kolektibilitas wesel ekspor dan tagihan lainnya                           Collectibility bills and other receivables in
          sesuai Peraturan OJK diungkapkan pada                                     accordance with Financial Service Authority
          Catatan 59e.                                                              Rule are disclosed in Note 59e.




                                                    Halaman - 108 - Page                                       2024 Annual Report
                                                                                             PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                        1319
Page 719
                                               PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                  DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                         NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                              FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                              31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                  (Expressed in millions of Rupiah, unless otherwise stated)

  9.   WESEL EKSPOR DAN TAGIHAN LAINNYA                                                   9.      BILLS AND OTHER RECEIVABLES (continued)
       (lanjutan)

       d.   Nilai tercatat bruto dan cadangan kerugian                                            d.   Gross carrying amount and allowance for
            penurunan nilai                                                                            impairment losses

            Perubahan nilai tercatat bruto adalah sebagai                                              Movements in the gross carrying amount are
            berikut:                                                                                   as follows:

                                                                                         2024
                                                                                                  Kerugian kredit
                                                                             Kerugian kredit       ekspektasian
                                                                              ekspektasian          sepanjang
                                                                                sepanjang           umurnya -
                                                  Kerugian kredit           umurnya - kredit           kredit
                                                  ekspektasian 12           tidak memburuk/         memburuk/
                                                  bulan/12-month            Lifetime ECL Not       Lifetime ECL
                                                       ECL                   Credit-impaired      Credit-impaired       Total/Total

            Wesel ekspor dan
             tagihan lainnya                                                                                                                  Bill and other receivables
            Saldo awal                                       17,006,310              2,271,185                      -      19,277,495                  Beginning balance
            Pengalihan dari                                                                                                                              Transfer from:
            - Kerugian kredit ekspektasian
              12 bulan                                         (317,559)              317,559                       -                 -                   12-month ECL-
            - Kerugian kredit ekspektasian
              sepanjang umurnya - tidak                                                                                                         Lifetime ECL not credit -
              mengalami penurunan nilai                         430,006               (430,006)                     -               -                           -impaired
            Pengukuran kembali bersih*)                      12,163,571                (74,679)                     -      12,088,892               Net remeasurement*)
            Aset keuangan baru yang                                                                                                                  New financial assets
              diterbitkan atau dibeli                          1,174,718                 6,290                      -       1,181,008           originated or purchased
            Pembayaran penuh                                 (17,513,406)           (2,017,860)                     -     (19,531,266)                    Fully repayment
            Valuta asing dan                                                                                                                       Foreign exchange and
              perubahan lain                                    270,861                  8,864                      -         279,725                  other movements

                                                             13,214,501                81,353                       -      13,295,854


            *) Termasuk di dalam pengukuran kembali bersih                                                                Including in the net remeasurement is repayment*)
               adalah pembayaran kembali


                                                                                         2023
                                                                                                  Kerugian kredit
                                                                             Kerugian kredit       ekspektasian
                                                                              ekspektasian          sepanjang
                                                                                sepanjang           umurnya -
                                                  Kerugian kredit           umurnya - kredit           kredit
                                                  ekspektasian 12           tidak memburuk/         memburuk/
                                                  bulan/12-month            Lifetime ECL Not       Lifetime ECL
                                                       ECL                   Credit-impaired      Credit-impaired       Total/Total

            Wesel ekspor dan
             tagihan lainnya                                                                                                                  Bill and other receivables
            Saldo awal                                       20,102,299               746,384               53,446         20,902,129                  Beginning balance
            Pengalihan dari                                                                                                                              Transfer from:
            - Kerugian kredit ekspektasian
              12 bulan                                        (7,246,852)            7,246,852                      -                 -                   12-month ECL-
            - Kerugian kredit ekspektasian
              sepanjang umurnya - tidak                                                                                                         Lifetime ECL not credit -
              mengalami penurunan nilai                       3,360,633             (3,360,633)                     -               -                           -impaired
            Pengukuran kembali bersih*)                      15,597,649               (382,101)                     -      15,215,548               Net remeasurement*)
            Aset keuangan baru yang                                                                                                                  New financial assets
              diterbitkan atau dibeli                          4,973,517                     -                   -          4,973,517           originated or purchased
            Pembayaran penuh                                 (20,045,174)           (1,714,325)                  -        (21,759,499)                    Fully repayment
            Hapus buku                                                 -                     -             (53,446)           (53,446)                           Write-offs
            Valuta asing dan                                                                                                                       Foreign exchange and
              perubahan lain                                    264,238               (264,992)                     -             (754)                other movements

                                                             17,006,310              2,271,185                      -      19,277,495


            *) Termasuk di dalam pengukuran kembali bersih                                                                Including in the net remeasurement is repayment*)
               adalah pembayaran kembali




                                                                      Halaman - 109 - Page
1320   Transforming the Future, Empowering Indonesia
Page 720
                                           PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                  NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                       FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                       31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                        (Expressed in millions of Rupiah, unless otherwise stated)

9.   WESEL EKSPOR DAN TAGIHAN LAINNYA                                         9.      BILLS AND OTHER RECEIVABLES (continued)
     (lanjutan)

     d.   Nilai tercatat bruto dan cadangan kerugian                                  d.   Gross carrying amount and allowance for
          penurunan nilai (lanjutan)                                                       impairment losses (continued)

          Perubahan cadangan kerugian penurunan nilai                                      Movements in the allowance for impairment
          adalah sebagai berikut:                                                          losses are as follows:

                                                                             2024
                                                                                      Kerugian kredit
                                                                 Kerugian kredit       ekspektasian
                                                                  ekspektasian          sepanjang
                                                                    sepanjang           umurnya -
                                            Kerugian kredit     umurnya - kredit           kredit
                                            ekspektasian 12     tidak memburuk/         memburuk/
                                            bulan/12-month      Lifetime ECL Not       Lifetime ECL
                                                 ECL             Credit-impaired      Credit-impaired         Total/Total

          Wesel ekspor dan
           tagihan lainnya                                                                                                      Bill and other receivables
          Saldo awal                                  87,124              191,377                       -           278,501              Beginning balance
          Pengalihan dari                                                                                                                    Transfer from:
          - Kerugian kredit ekspektasian
            12 bulan                                    (419)                 419                       -                   -                12-month ECL-
          - Kerugian kredit ekspektasian
            sepanjang umurnya -                                                                                                     Lifetime ECL not credit -
            kredit tidak memburuk                      2,230                (2,230)                     -                   -                       -impaired
          Pengukuran kembali bersih                                                                                                      Net remeasurement
            penyisihan kerugian                       78,844              (165,188)                     -            (86,344)              of loss allowance
          Aset keuangan baru yang                                                                                                       New financial assets
            diterbitkan atau dibeli                    3,314                    63                      -              3,377       originated or purchased
          Pembayaran penuh                          (118,430)              (24,599)                     -           (143,029)                 Fully repayment
          Valuta asing dan                                                                                                            Foreign exchange and
            perubahan lain                              (418)                 741                       -               323               other movements

                                                      52,245                  583                   -                52,828


                                                                             2023
                                                                                      Kerugian kredit
                                                                 Kerugian kredit       ekspektasian
                                                                  ekspektasian          sepanjang
                                                                    sepanjang           umurnya -
                                            Kerugian kredit     umurnya - kredit           kredit
                                            ekspektasian 12     tidak memburuk/         memburuk/
                                            bulan/12-month      Lifetime ECL Not       Lifetime ECL
                                                 ECL             Credit-impaired      Credit-impaired         Total/Total

          Wesel ekspor dan
           tagihan lainnya                                                                                                      Bill and other receivables
          Saldo awal                                 108,650               10,813               53,446              172,909              Beginning balance
          Pengalihan dari                                                                                                                    Transfer from:
          - Kerugian kredit ekspektasian
            12 bulan                                 (16,990)              16,990                       -                   -                12-month ECL-
          - Kerugian kredit ekspektasian
            sepanjang umurnya -                                                                                                    Lifetime ECL not credit -
            kredit tidak memburuk                    213,559              (213,559)                     -                   -                      -impaired
          Pengukuran kembali bersih                                                                                                      Net remeasurement
            penyisihan kerugian                     (118,791)             420,407                       -           301,616               of loss allowance
          Aset keuangan baru yang                                                                                                       New financial assets
            diterbitkan atau dibeli                   32,619                     -                   -                32,619       originated or purchased
          Pembayaran penuh                          (132,823)              (42,702)                  -              (175,525)                Fully repayment
          Hapus buku                                       -                     -             (53,446)              (53,446)                        Write-off
          Valuta asing dan                                                                                                            Foreign exchange and
            perubahan lain                              900                   (572)                     -               328               other movements

                                                      87,124              191,377                       -           278,501




                                                          Halaman - 110 - Page                                                2024 Annual Report
                                                                                                            PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                           1321
Page 721
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                       NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                            FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                            31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                  (Expressed in millions of Rupiah, unless otherwise stated)

  9.   WESEL EKSPOR DAN TAGIHAN LAINNYA                                    9.     BILLS AND OTHER RECEIVABLES (continued)
       (lanjutan)

       d.   Nilai tercatat bruto dan cadangan kerugian                            d.    Gross carrying amount and allowance for
            penurunan nilai (lanjutan)                                                  impairment losses (continued)

            Manajemen berpendapat bahwa jumlah                                          Management believes that the above
            cadangan kerugian penurunan nilai diatas                                    allowance for impairment losses is adequate.
            telah memadai.

       e.   Tingkat suku bunga per tahun                                          e.    Annual interest rates
                                                                                     Dolar
                                                                                Amerika Serikat/
                                                                                 United States
                                                       Rupiah                       Dollar
                                                         %                            %

            Bunga kontrak                                                                                               Contractual rates
            2024                                         0.00 - 8.00                    0.00 - 6.00                                 2024
            2023                                         0.00 - 11.25                   0.00 - 8.41                                 2023


  10. TAGIHAN AKSEPTASI                                                    10. ACCEPTANCE RECEIVABLES

       a.   Berdasarkan pihak dan mata uang                                       a.    By party and currency

                                                        2024                           2023
            Rupiah                                                                                                              Rupiah
              Debitur non-bank                                9,472,422                  9,444,839                   Non-bank debtors
              Bank                                              107,089                    158,993                             Banks
                                                              9,579,511                  9,603,832

            Mata uang asing                                                                                          Foreign currencies
              Debitur non-bank                                6,287,082                  7,906,334                   Non-bank debtors
              Bank                                              152,177                     58,509                             Banks
                                                              6,439,259                  7,964,843

            Total                                            16,018,770                 17,568,675                                  Total
            Cadangan kerugian                                                                                              Allowance for
              penurunan nilai                                   (93,249)                  (477,481)                  impairment losses

                                                             15,925,521                 17,091,194

            Perincian tagihan akseptasi berdasarkan mata                                Acceptance receivables based on currencies
            uang adalah sebagai berikut:                                                are as follows:

                                                        2024                           2023

            Rupiah                                            9,579,511                  9,603,832                               Rupiah

            Mata uang asing                                                                                           Foreign currencies
             Dolar Amerika Serikat                            5,982,789                  7,789,126                 United States Dollar
             Yuan China                                         213,509                     39,610                        Chinese Yuan
             Pound Sterling Inggris                             173,852                     41,205          Great Britain Pound Sterling
             Yen Jepang                                          35,577                     19,698                        Japanese Yen
             Euro Eropa                                          33,532                     68,878                       European Euro
             Dolar Australia                                          -                      1,729                      Australian Dollar
             Dolar Singapura                                          -                      4,259                      Singapore Dollar
             Franc Swiss                                              -                        338                          Swiss Franc
                                                              6,439,259                  7,964,843

            Total                                            16,018,770                 17,568,675                                  Total
            Cadangan kerugian                                                                                              Allowance for
              penurunan nilai                                   (93,249)                  (477,481)                  impairment losses
                                                             15,925,521                 17,091,194




                                                       Halaman - 111 - Page
1322   Transforming the Future, Empowering Indonesia
Page 722
                                            PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                               DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                        NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                             FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                             31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                     (Expressed in millions of Rupiah, unless otherwise stated)

10. TAGIHAN AKSEPTASI (lanjutan)                                                           10. ACCEPTANCE RECEIVABLES (continued)

    b.   Berdasarkan hubungan                                                                   b.    By relationship
                                                                        2024                         2023
         Pihak berelasi                                                                                                                         Related parties
           Rupiah                                                          2,046,948                    2,949,903                                      Rupiah
           Mata uang asing                                                   778,312                      209,052                           Foreign currencies

         Total pihak berelasi                                              2,825,260                    3,158,955                            Total related parties

         Pihak ketiga                                                                                                                              Third parties
           Rupiah                                                          7,532,563                    6,653,929                                      Rupiah
           Mata uang asing                                                 5,660,947                    7,755,791                           Foreign currencies

         Total pihak ketiga                                               13,193,510                  14,409,720                                 Total third parties

         Total                                                            16,018,770                  17,568,675                                            Total
         Cadangan kerugian                                                                                                                         Allowance for
           penurunan nilai                                                     (93,249)                  (477,481)                           impairment losses
                                                                          15,925,521                  17,091,194

    c.   Berdasarkan kolektibilitas sesuai Peraturan                                            c.    By Financial             Service       Authority          Rule
         OJK                                                                                          collectibility
         
         Kolektibilitas tagihan  akseptasi   sesuai                                                   Collectibility acceptance     receivables in
         Peraturan OJK diungkapkan pada Catatan 59f.                                                  accordance with Financial Service Authority
                                                                                                      Rule are disclosed in Note 59f.
         
    d.   Nilai tercatat bruto dan cadangan kerugian                                             d.    Gross carrying amount and allowance for
         penurunan nilai                                                                              impairment losses
         Perubahan nilai tercatat bruto adalah sebagai                                               Movements in the gross carrying amount are as
         berikut:                                                                                    follows:
                                                                                       2024

                                                                        Kerugian kredit
                                                                         ekspektasian        Kerugian kredit
                                                                          sepanjang           ekspektasian
                                                                          umurnya -            sepanjang
                                                   Kerugian               kredit tidak         umurnya -
                                                    kredit                memburuk/               kredit
                                                 ekspektasian            Lifetime ECL          memburuk/
                                                 12 bulan/12-             Not Credit-         Lifetime ECL
                                                  month ECL                impaired          Credit-impaired     Total/Total
         Tagihan akseptasi                                                                                                                  Acceptance receivables
         Saldo awal                                   12,997,505               4,571,170                    -        17,568,675                  Beginning balance
         Pengalihan dari:                                                                                                                            Transfer from:
         - Kerugian kredit ekspektasian
           12 bulan                                       (5,461,677)          5,461,677                    -                   -                     12-month ECL -
         - Kerugian kredit ekspektasian
           sepanjang umurnya -                                                                                                                 Lifetime ECL not credit
           kredit tidak memburuk                          9,678,270            (9,678,270)                  -                   -                          impaired
         Pengalihan dari/ke
           kerugian kredit ekspektasian                                                                                                                Transfer from/to
           sepanjang umurnya -                                                                                                                    Lifetime ECL credit -
           kredit memburuk - bersih                            -                  58,745              (58,745)                -                        - impaired - net
         Pengukuran kembali bersih*)                  17,807,685               3,370,138               58,956        21,236,779                  Net remeasurement*)
         Aset keuangan baru yang                                                                                                                  New financial assets
           diterbitkan atau dibeli                     1,241,844                   12,216                   -          1,254,060             originated or purchased
         Pembayaran penuh                            (22,630,027)              (1,711,097)                  -        (24,341,124)                      Fully repayment
         Valuta asing dan                                                                                                                       Foreign exchange and
           perubahan lain                                   165,149              135,442                (211)           300,380                     other movements
                                                      13,798,749               2,220,021                    -        16,018,770

         *) Termasuk di dalam pengukuran kembali bersih                                                               Including in the net remeasurement is repayment *)
            adalah pembayaran kembali.




                                                                   Halaman - 112 - Page                                            2024 Annual Report
                                                                                                                 PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                    1323
Page 723
                                               PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                  DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                                 NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                                      FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                                      31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                        (Expressed in millions of Rupiah, unless otherwise stated)

  10. TAGIHAN AKSEPTASI (lanjutan)                                                               10. ACCEPTANCE RECEIVABLES (continued)

       d.   Nilai tercatat bruto dan cadangan kerugian                                                d.    Gross carrying amount and allowance for
            penurunan nilai (lanjutan)                                                                      impairment losses (continued)

            Perubahan nilai tercatat bruto adalah sebagai                                                   Movements in the gross carrying amount are
            berikut: (lanjutan)                                                                             as follows: (continued)
                                                                                            2023

                                                                              Kerugian kredit
                                                                               ekspektasian       Kerugian kredit
                                                                                sepanjang          ekspektasian
                                                                                umurnya -           sepanjang
                                                     Kerugian                   kredit tidak        umurnya -
                                                      kredit                    memburuk/              kredit
                                                   ekspektasian                Lifetime ECL         memburuk/
                                                   12 bulan/12-                 Not Credit-        Lifetime ECL
                                                    month ECL                    impaired         Credit-impaired            Total/Total
            Tagihan akseptasi                                                                                                                          Acceptance receivables
            Saldo awal                                   13,461,588                  6,014,626             538,014              20,014,228                  Beginning balance
            Pengalihan dari:                                                                                                                                    Transfer from:
            - Kerugian kredit ekspektasian
              12 bulan                                     (781,385)                  781,385                     -                         -                     12-month ECL -
            - Kerugian kredit ekspektasian
              sepanjang umurnya -                                                                                                                         Lifetime ECL not credit
              kredit tidak memburuk                            529,257                (529,257)                   -                         -                         impaired
            Pengalihan dari/ke
              kerugian kredit ekspektasian                                                                                                                         Transfer from/to
              sepanjang umurnya -                                                                                                                           Lifetime ECL credit -
              kredit memburuk - bersih                            -                    (14,652)             14,652                       -                          impaired - net
            Pengukuran kembali bersih*)                  17,824,338                  2,469,141              35,348              20,328,827                  Net remeasurement*)
            Aset keuangan baru yang                                                                                                                          New financial assets
              diterbitkan atau dibeli                     1,440,364                     15,656                    -               1,456,020             originated or purchased
            Pembayaran penuh                            (19,449,990)                (4,174,991)            (576,434)            (24,201,415)                       Fully repayment
            Valuta asing dan                                                                                                                               Foreign exchange and
              perubahan lain                                   (26,667)                  9,262              (11,580)                (28,985)                    other movements
                                                         12,997,505                  4,571,170                    -             17,568,675

            *) Termasuk di dalam pengukuran kembali bersih                                                        Including in the net remeasurement is repayment and impact of
               adalah pembayaran kembali dan dampak akuisisi                                                                                                       acquisition*)


            Perubahan cadangan kerugian penurunan nilai                                                     The movements in the allowance                                      for
            adalah sebagai berikut:                                                                         impairment losses are as follows:
                                                                                             2024
                                                                                                      Kerugian kredit
                                                                                Kerugian kredit        ekspektasian
                                                                                 ekspektasian           sepanjang
                                                                                   sepanjang            umurnya -
                                                  Kerugian kredit              umurnya - kredit            kredit
                                                  ekspektasian 12              tidak memburuk/          memburuk/
                                                  bulan/12-month               Lifetime ECL Not        Lifetime ECL
                                                       ECL                      Credit-impaired       Credit-impaired           Total/Total

            Tagihan akseptasi                                                                                                                          Acceptance receivables
            Saldo awal                                           41,549                    435,932                       -            477,481               Beginning balance
            Pengalihan dari:                                                                                                                                       Transfer to:
            - Kerugian kredit ekspektasian
              12 bulan                                           (9,619)                     9,619                       -                      -                  12-month ECL-
            - Kerugian kredit ekspektasian
              sepanjang umurnya -                                                                                                                               Lifetime ECL not-
              kredit tidak memburuk                             196,638                   (196,638)                      -                      -                 credit impaired
            Pengalihan dari/ke
              Kerugian kredit ekspektasian
              sepanjang umurnya -                                                                                                                                   Transfer from/to
              kredit memburuk                                             -                 19,582              (19,582)                        -   lifetime ECL credit-impaired
            Pengukuran kembali bersih                                                                                                                        Net remeasurement of
              penyisihan kerugian                               (79,431)                    41,658               19,658                (18,115)                     loss allowance
            Aset keuangan baru yang                                                                                                                            New financial assets
              diterbitkan atau dibeli                             5,076                      1,220                       -              6,296             originated or purchased
            Pembayaran penuh                                   (108,201)                  (270,462)                      -           (378,663)                      Fully repayment
            Valuta asing dan                                                                                                                                 Foreign exchange and
              perubahan lain                                      1,399                      4,927                     (76)                6,250                 other movements

                                                                 47,411                     45,838                       -             93,249




                                                                     Halaman - 113 - Page
1324   Transforming the Future, Empowering Indonesia
Page 724
                                          PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                             DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                        FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                        31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                            (Expressed in millions of Rupiah, unless otherwise stated)

10. TAGIHAN AKSEPTASI (lanjutan)                                               10. ACCEPTANCE RECEIVABLES (continued)

    d.   Nilai tercatat bruto dan cadangan kerugian                                    d.   Gross carrying amount and allowance for
         penurunan nilai (lanjutan)                                                         impairment losses (continued)

         Perubahan cadangan kerugian penurunan nilai                                        The movements in the allowance for
         adalah sebagai berikut: (lanjutan)                                                 impairment losses are as follows: (continued)
                                                                              2023
                                                                                       Kerugian kredit
                                                                  Kerugian kredit       ekspektasian
                                                                   ekspektasian          sepanjang
                                                                     sepanjang           umurnya -
                                           Kerugian kredit       umurnya - kredit           kredit
                                           ekspektasian 12       tidak memburuk/         memburuk/
                                           bulan/12-month        Lifetime ECL Not       Lifetime ECL
                                                ECL               Credit-impaired      Credit-impaired         Total/Total

         Tagihan akseptasi                                                                                                          Acceptance receivables
         Saldo awal                                  37,193                 566,623            498,569              1,102,385            Beginning balance
         Pengalihan dari:                                                                                                                       Transfer to:
         - Kerugian kredit ekspektasian
           12 bulan                                  (3,815)                  3,815                      -                   -                  12-month ECL-
         - Kerugian kredit ekspektasian
           sepanjang umurnya -                                                                                                               Lifetime ECL not-
           kredit tidak memburuk                     15,155                 (15,155)                     -                   -                 credit impaired
         Pengalihan dari/ke
           Kerugian kredit ekspektasian
           sepanjang umurnya -                                                                                                                   Transfer from/to
           kredit memburuk                                   -               (3,297)              3,297                      -   lifetime ECL credit-impaired
         Pengukuran kembali bersih                                                                                                        Net remeasurement of
           penyisihan kerugian                       52,628                 293,976              17,379              363,983                     loss allowance
         Aset keuangan baru yang                                                                                                            New financial assets
           diterbitkan atau dibeli                    3,903                     592                   -                 4,495          originated or purchased
         Pembayaran penuh                           (63,201)               (406,827)           (507,665)             (977,693)                   Fully repayment
         Valuta asing dan                                                                                                                 Foreign exchange and
           perubahan lain                              (314)                 (3,795)            (11,580)              (15,689)                other movements

                                                     41,549                 435,932                      -           477,481



         Manajemen berpendapat bahwa jumlah                                                 Management believes that the above
         cadangan kerugian penurunan nilai diatas                                           allowance for impairment losses is adequate.
         telah memadai.

    e.   Tingkat suku bunga per tahun                                                  e.   Annual interest rates

                                                                        Dolar
                                                                   Amerika Serikat/
                                                                    United States
                                                                       Dollar
                                                                         %


         Suku Bunga :                                                                                                                             Interest Rate:
         2024                                                         0.00 - 7.52                                                                          2024
         2023                                                         0.00 - 8.41                                                                          2023




                                                         Halaman - 114 - Page                                                  2024 Annual Report
                                                                                                             PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                             1325
Page 725
                                           PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)

  11. TAGIHAN DAN LIABILITAS DERIVATIF                                       11. DERIVATIVE RECEIVABLES AND PAYABLES

       Dalam melakukan usaha bisnis, BNI melakukan                                  In the normal course of business, BNI enters into
       transaksi instrumen keuangan derivatif seperti                               transactions     involving    derivative     financial
       kontrak berjangka mata uang asing, swap mata                                 instruments such as foreign currency forward
       uang asing, swap atas suku bunga dan transaksi                               contracts, currency swaps, interest rate swaps and
       spot untuk keperluan pembiayaan, perdagangan                                 spot transactions for financing, trading and hedging
       dan lindung nilai.                                                           purposes.

       a.   Berdasarkan jenis dan mata uang                                         a.    By type and currency

                                                                          2024
                                                 Jumlah nosional            Nilai wajar/Fair values
                                                 mata uang asing
                                                 (jumlah penuh)/
                                                 Notional amount        Tagihan               Liabilitas
                                                     in foreign        derivatif/             derivatif/
                                                      currency         Derivative             Derivative
            Instrumen                              (full amount)      receivables              payables                                   Instruments

            Terkait Nilai Tukar                                                                                                 Exchange Rate Related
            Kontrak berjangka - beli                                                                                           Forward contract - buy
                  AUD                                    1,000,000                 -                       (727)                             AUD
                  CNY                                  490,150,583              5,156                    (4,938)                             CNY
                  USD                                  619,063,138            145,043                   (16,782)                             USD

            Kontrak berjangka - jual                                                                                            Forward contract - sell
                  USD                                  709,039,849               35,034                (114,357)                             USD

            Swap mata uang asing - beli                                                                                  Foreign currency swaps - buy
                 EUR                                     7,000,000                  -                    (1,565)                             EUR
                 GBP                                     2,500,000                  -                      (828)                             GBP
                 JPY                                35,963,593,684              5,170                   (74,125)                              JPY
                 SGD                                    43,000,000                  -                    (1,599)                             SGD
                 USD                                 1,720,986,416            423,786                   (55,650)                             USD

            Swap mata uang asing - jual                                                                                  Foreign currency swaps - sell
                 AUD                                       200,000                   68                      -                               AUD
                 EUR                                   118,766,365               43,757                  (1,458)                             EUR
                 GBP                                    20,500,000                5,724                    (401)                             GBP
                 NZD                                     7,000,000                  117                      -                               NZD
                 SGD                                    57,890,550                1,953                  (6,592)                             SGD
                 USD                                 1,454,456,761               41,171                (256,972)                             USD

            Spot mata uang asing - beli                                                                                  Foreign currency spots - buy
                  AUD                                      461,560                    3                      (5)                             AUD
                  EUR                                    6,550,000                   16                    (117)                             EUR
                  GBP                                    2,100,000                    -                     (47)                             GBP
                  USD                                  233,043,126                  218                 (13,280)                             USD

            Spot mata uang asing - jual                                                                                   Foreign currency spots - sell
                  AUD                                    8,000,000                   41                    (160)                             AUD
                  CNY                                   90,000,000                1,484                      -                               CNY
                  EUR                                    1,402,632                    5                       (7)                            EUR
                  GBP                                       97,000                    1                     -                                GBP
                  USD                                  361,110,000               12,705                    (394)                             USD

            OTC Option - beli                                                                                                       OTC Option - buy
                USD                                   2,490,000,000           362,558                   (73,145)                            USD

            OTC Option - jual                                                                                                        OTC Option - sell
                USD                                   2,490,000,000           106,802                  (362,141)                             USD


            Terkait Nilai Tukar dan Suku Bunga                                                                      Exchange and Interest Rate Related
               Swap atas suku bunga                                                                                                Interest rate swap
                  USD                                  530,138,055            167,815                  (139,124)                              USD
               Swap mata uang asing                                                                                       Cross currency swaps and
                  dan suku bunga                                                                                                      interest rate
                  USD                                  758,826,078            340,969                  (243,174)                              USD
               Risk Free Rate                                                                                                         Risk Free Rate
                  IDR                             1,000,000,000,000              22,306                 (16,153)                               IDR
                  USD                                   672,791,977              71,076                 (95,444)                              USD

                                                                            1,792,978                 (1,479,185)




                                                               Halaman - 115 - Page
1326   Transforming the Future, Empowering Indonesia
Page 726
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                    FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)

11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan)                                 11. DERIVATIVE RECEIVABLES AND PAYABLES
                                                                                    (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                                  a.    By type and currency (continued)

                                                                           2023
                                              Jumlah nosional                  Nilai wajar/Fair values
                                              mata uang asing
                                              (jumlah penuh)/
                                              Notional amount            Tagihan                  Liabilitas
                                                  in foreign            derivatif/                derivatif/
                                                   currency             Derivative                Derivative
         Instrumen                              (full amount)          receivables                 payables                                  Instruments

         Terkait Nilai Tukar                                                                                                       Exchange Rate Related
         Kontrak berjangka - beli                                                                                                 Forward contract - buy
               CNY                                  416,972,397                    7,084                         -                              CNY
               USD                                  543,853,761                    3,039                   (78,127)                             USD

         Kontrak berjangka - jual                                                                                                  Forward contract - sell
               CNY                                  102,000,000                       19                         -                              CNY
               EUR                                    4,000,000                        -                      (988)                             EUR
               USD                                  246,529,197                   38,242                    (7,255)                             USD

         Swap mata uang asing - beli                                                                                        Foreign currency swaps - buy
              EUR                                        46,764                       18                         -                              EUR
              JPY                                27,529,802,340                   72,213                      (929)                              JPY
              SGD                                    15,000,000                      969                         -                              SGD
              USD                                   968,073,582                   11,349                  (198,979)                             USD

         Swap mata uang asing - jual                                                                                        Foreign currency swaps - sell
              AUD                                     11,000,000                     270                       (50)                             AUD
              EUR                                     85,959,000                   1,228                   (16,180)                             EUR
              GBP                                     15,000,000                     294                    (1,447)                             GBP
              SGD                                     88,844,400                   8,123                      (238)                             SGD
              USD                                  1,328,878,993                 300,017                    (6,393)                             USD

         Spot mata uang asing - beli                                                                                        Foreign currency spots - buy
               AUD                                   40,800,000                        -                      (825)                             AUD
               EUR                                   16,500,000                        -                      (783)                             EUR
               GBP                                    3,250,000                        -                      (281)                             GBP
               USD                                  198,539,729                      956                    (4,759)                             USD

         Spot mata uang asing - jual                                                                                         Foreign currency spots - sell
               AUD                                   35,064,185                      482                        (40)                            AUD
               EUR                                    9,900,000                      337                          -                             EUR
               USD                                  197,070,000                    3,871                       (834)                            USD

         Terkait Nilai Tukar dan Suku Bunga                                                                            Exchange and Interest Rate Related
            Swap atas suku bunga                                                                                                      Interest rate swap
               USD                                  530,138,055                  356,400                  (321,987)                              USD
            Swap mata uang asing                                                                                             Cross currency swaps and
               dan suku bunga                                                                                                            interest rate
               USD                                  776,376,200                  157,150                  (109,419)                              USD
            Risk Free Rate                                                                                                               Risk Free Rate
               IDR                             1,000,000,000,000                  11,408                    (4,080)                               IDR
               USD                                   350,398,400                  22,208                   (56,868)                              USD

                                                                                 995,677                  (810,462)


     b. Berdasarkan hubungan                                                         b.    By relationship
                                                              2024                         2023
         Tagihan derivatif                                                                                                   Derivatives receivables
         Pihak berelasi                                                                                                               Related parties
           Mata uang asing                                           341,832                      37,939                          Foreign currencies
         Total pihak berelasi                                        341,832                      37,939                           Total related parties

         Pihak ketiga                                                                                                                    Third parties
           Rupiah                                                     22,306                    11,407                                       Rupiah
           Mata uang asing                                         1,428,840                   946,331                            Foreign currencies
         Total pihak ketiga                                        1,451,146                   957,738                                Total third parties
         Total                                                     1,792,978                   995,677                                               Total




                                                            Halaman - 116 - Page                                           2024 Annual Report
                                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                             1327
Page 727
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                          31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                  (Expressed in millions of Rupiah, unless otherwise stated)

  11. TAGIHAN DAN LIABILITAS DERIVATIF (lanjutan)                          11. DERIVATIVE RECEIVABLES AND PAYABLES
                                                                               (continued)

       b. Berdasarkan hubungan (lanjutan)                                      b.    By relationship (continued)
                                                        2024                        2023

            Liabilitas derivatif                                                                                Derivatives payables

            Pihak berelasi                                                                                             Related parties
              Mata uang asing                                  (154,840)               (136,138)                   Foreign currencies
            Total pihak berelasi                               (154,840)                (136,138)                  Total related parties

            Pihak ketiga                                                                                                  Third parties
              Rupiah                                            (16,153)                 (4,080)                              Rupiah
              Mata uang asing                                (1,308,192)               (670,244)                   Foreign currencies
            Total pihak ketiga                               (1,324,345)               (674,324)                      Total third parties
            Total                                            (1,479,185)               (810,462)                                   Total


       Kolektibilitas tagihan derivatif sesuai Peraturan                       Derivative receivable in accordance with Financial
       OJK diungkapkan pada Catatan 59g.                                       Service Authority Rule are disclosed in Note 59g.

  12. PINJAMAN YANG DIBERIKAN                                              12. LOANS

       Informasi mengenai pinjaman yang diberikan                              Information related to loans to related parties are
       kepada pihak-pihak berelasi diungkapkan pada                            disclosed in Note 45i.
       Catatan 45i.

       a.   Berdasarkan jenis dan mata uang                                    a.    By type and currency

                                                        2024                        2023

            Rupiah                                                                                                           Rupiah
              Modal kerja                                313,931,090                287,568,933                     Working capital
              Konsumen                                   144,437,589                123,294,534                         Consumer
              Investasi                                   98,811,980                 92,160,057                        Investment
              Sindikasi                                   51,506,578                 55,902,345                        Syndicated
              Karyawan                                     2,893,682                  3,633,329                         Employee
              Program pemerintah                               2,652                     31,380               Government programs
                                                         611,583,571                562,590,578

            Mata uang asing                                                                                        Foreign currencies
              Modal kerja                                    85,839,485              65,317,028                      Working capital
              Sindikasi                                      45,614,532              41,697,818                          Syndicated
              Investasi                                      32,810,919              25,455,452                          Investment
              Konsumen                                           22,682                  22,480                           Consumer
              Karyawan                                              589                   1,413                           Employee
                                                         164,288,207                132,494,191
            Total                                        775,871,778                695,084,769                                   Total
            Cadangan kerugian                                                                                            Allowance for
              penurunan nilai                            (38,684,520)               (47,158,131)                   impairment losses
                                                         737,187,258                647,926,638




                                                       Halaman - 117 - Page
1328   Transforming the Future, Empowering Indonesia
Page 728
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                        31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

12. PINJAMAN YANG DIBERIKAN (lanjutan)                                  12. LOANS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                         a.    By type and currency (continued)

         Perincian   pinjaman yang   diberikan                                    Loans based on currencies are as follows:
         berdasarkan mata uang adalah sebagai
         berikut:

                                                      2024                       2023

         Rupiah                                       611,583,571                562,590,578                                   Rupiah

         Mata uang asing                                                                                         Foreign currencies
           Dolar Amerika Serikat                      158,597,057                129,252,588                  United States Dollar
           Euro Eropa                                   2,198,860                    580,870                        European Euro
           Yen Jepang                                   1,184,519                    985,505                         Japanese Yen
           Dolar Singapura                              1,041,007                  1,057,784                       Singapore Dollar
           Dolar Australia                                791,438                          -                       Australian Dollar
           Won Korea Selatan                              327,873                    362,538                    South Korean Won
           Dolar Hong Kong                                120,419                    229,647                     Hong Kong Dollar
           Yuan China                                      14,493                     16,794                         Chinese Yuan
          Pound Sterling Inggris                           12,541                      8,465           Great Britain Pound Sterling
                                                      164,288,207                132,494,191
         Total                                        775,871,778                695,084,769                                    Total
         Cadangan kerugian                                                                                             Allowance for
           penurunan nilai                             (38,684,520)              (47,158,131)                    impairment losses
                                                      737,187,258                647,926,638


    b.   Berdasarkan hubungan                                               b.    By relationship

                                                      2024                       2023

         Pihak berelasi                                                                                               Related parties

         Rupiah                                                                                                              Rupiah
           Modal kerja                                     75,643,457             65,634,971                        Working capital
           Sindikasi                                       30,425,373             33,020,748                           Syndicated
           Investasi                                       11,427,719              7,524,152                           Investment
           Karyawan                                           190,526                156,873                            Employee
           Konsumen                                            68,632                 77,226                            Consumer
                                                      117,755,707                106,413,970

         Mata uang asing                                                                                         Foreign currencies
           Modal kerja                                     28,408,879             15,286,941                       Working capital
           Investasi                                        9,367,350                143,829                           Investment
           Sindikasi                                        3,870,753              4,514,580                           Syndicated
                                                           41,646,982             19,945,350

         Total pihak berelasi                         159,402,689                126,359,320                    Total related parties




                                                    Halaman - 118 - Page                                     2024 Annual Report
                                                                                           PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                    1329
Page 729
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                      NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                           FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                           31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

  12. PINJAMAN YANG DIBERIKAN (lanjutan)                                  12. LOANS (continued)

       b.   Berdasarkan hubungan (lanjutan)                                   b.    By relationship (continued)

                                                        2024                       2023

            Pihak ketiga                                                                                                     Third parties
            Rupiah                                                                                                              Rupiah
              Modal kerja                                238,287,633               221,933,962                         Working capital
              Konsumen                                   144,368,957               123,217,308                             Consumer
              Investasi                                   87,384,261                84,635,905                            Investment
              Sindikasi                                   21,081,205                22,881,597                            Syndicated
              Karyawan                                     2,703,156                 3,476,456                             Employee
              Program pemerintah                               2,652                    31,380                   Government programs
                                                         493,827,864               456,176,608

            Mata uang asing                                                                                           Foreign currencies
              Modal kerja                                    57,430,606             50,030,087                          Working capital
              Sindikasi                                      41,743,779             37,183,238                              Syndicated
              Investasi                                      23,443,569             25,311,623                              Investment
              Konsumen                                           22,682                 22,480                               Consumer
              Karyawan                                              589                  1,413                               Employee
                                                         122,641,225               112,548,841
            Total pihak ketiga                           616,469,089               568,725,449                           Total third parties
            Total                                        775,871,778               695,084,769                                       Total
            Cadangan kerugian                                                                                               Allowance for
              penurunan nilai                            (38,684,520)              (47,158,131)                       impairment losses
                                                         737,187,258               647,926,638
                                                                                                 


       c.   Berdasarkan sektor ekonomi                                        c.    By economic sector
                                                        2024                       2023

            Rupiah                                                                                                                   Rupiah
              Perdagangan, restoran dan hotel            117,511,041               121,206,489           Trading, restaurants and hotels
              Perindustrian                               93,334,411                81,766,078                              Manufacturing
              Konstruksi                                  59,281,490                54,008,973                               Construction
              Pertanian                                   46,121,348                53,853,092                                 Agriculture
              Jasa dunia usaha                            48,625,301                42,996,948                         Business services
              Pengangkutan, pergudangan                                                                    Transportation, warehousing
                 dan komunikasi                           45,678,272                36,666,225                   and communications
              Pertambangan                                22,417,498                18,543,179                                     Mining
              Jasa pelayanan sosial                       17,902,796                11,769,861                             Social services
              Listrik, gas dan air                        13,377,490                10,031,119                 Electricity, gas and water
              Lain-lain                                  147,333,924               131,748,614                                     Others
                                                         611,583,571               562,590,578




                                                       Halaman - 119 - Page
1330   Transforming the Future, Empowering Indonesia
Page 730
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                       NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                            FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                            31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

12. PINJAMAN YANG DIBERIKAN (lanjutan)                                  12. LOANS (continued)

    c.   Berdasarkan sektor ekonomi (lanjutan)                              c.     By economic sector (continued)

                                                      2024                        2023

         Mata uang asing                                                                                              Foreign currencies
           Perindustrian                                   66,246,233              55,895,697                              Manufacturing
           Pertambangan                                    29,242,696              30,399,528                                     Mining
           Jasa pelayanan sosial                           22,837,062               2,660,966                             Social services
           Listrik, gas dan air                            18,265,799              11,509,631                 Electricity, gas and water
           Pengangkutan, pergudangan                                                                      Transportation, warehousing
              dan komunikasi                               12,146,246              12,605,182                   and communications
           Perdagangan, restoran dan hotel                  7,900,500               9,220,949           Trading, restaurants and hotels
           Jasa dunia usaha                                 3,697,706               4,191,627                         Business services
           Pertanian                                        2,768,670               2,585,254                                 Agriculture
           Konstruksi                                       1,160,025                 435,206                               Construction
           Lain-lain                                           23,270               2,990,151                                     Others
                                                       164,288,207                132,494,191
         Total                                         775,871,778                695,084,769                                       Total
         Cadangan kerugian                                                                                                 Allowance for
           penurunan nilai                             (38,684,520)               (47,158,131)                       impairment losses
                                                      737,187,258                 647,926,638


    d.   Berdasarkan penilaian secara kolektif dan                           d.     By assessment              as    collective      and
         individual                                                                 individual

                                                      2024                        2023

         Pokok                                                                                                                 Principal
           Individual                                  46,827,462                  77,708,689                              Individual
           Kolektif                                   729,044,316                 617,376,080                              Collective
                                                       775,871,778                695,084,769
         Cadangan kerugian                                                                                                Allowance for
           penurunan nilai                                                                                          impairment losses
           Individual                                   (1,873,107)               (36,820,861)                             Individual
           Kolektif                                    (36,811,413)               (10,337,270)                             Collective

                                                       (38,684,520)               (47,158,131)
                                                      737,187,258                 647,926,638
                                                                                                


    e.   Berdasarkan kolektibilitas sesuai Peraturan                        e.     By Financial          Service     Authority       Rule
         OJK                                                                       collectibility

         Kolektabilitas pinjaman sesuai dengan                                     Collectibility loans in accordance with the OJK
         peraturan OJK diungkapkan pada Catatan                                    regulation are disclosed in Note 59h.
         59h.

    f.   Pinjaman bermasalah dan cadangan                                   f.     Non-performing loans and allowance for
         kerugian penurunan nilai berdasarkan                                      impairment losses by economic sector
         sektor ekonomi

         Rasio kredit bermasalah BNI dan Entitas Anak                              The non-performing loans ratio of BNI
         sesuai dengan peraturan OJK diungkapkan                                   and Subsidiaries in accordance with the OJK
         pada Catatan 59h.                                                         regulation are disclosed in Note 59h.




                                                    Halaman - 120 - Page                                      2024 Annual Report
                                                                                            PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                       1331
Page 731
                                                          PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                             DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                                                 NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                                                      FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                                                      31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                     (Expressed in millions of Rupiah, unless otherwise stated)

  12. PINJAMAN YANG DIBERIKAN (lanjutan)                                                                 12. LOANS (continued)

       g.     Tingkat suku bunga per tahun                                                                        g.      Annual interest rates
                                          Dolar
                                        Amerika         Euro                           Dolar     Won Korea                             Pound Sterling      Dolar             Dolar
                                        Serikat/       Eropa/       Yen Jepang      Singapura/    Selatan/         Yuan China/            Inggris/       Hongkong/         Australia/
                                      United States   European       Japanese       Singapore      South            Chinese             Great Britain    Hongkong          Australian
                        Rupiah*)         Dollar         Euro           Yen            Dollar     Korean Won           Yuan             Pound Sterling      Dollar           Dollar
                          %                %             %              %               %            %                 %                     %              %                 %


       Bunga kontrak                                                                                                                                                                          Contractual rates
       2024          0.00 - 22.45     0.00 - 10.22    3.90 - 7.00    0.41 - 3.88   4.00 - 7.25   4.35 - 6.00                  6.25         7.60 - 7.70     1.50 - 8.56     6.71 – 7.00                    2024
       2023          0.00 - 26.62     0.00 - 11.18    4.00 - 7.20    0.50 - 3.51   4.00 - 7.25   4.00 - 5.47           6.00 - 6.00         7.00 - 8.30     0.85 - 9.53               -                    2023

       Bunga efektif                                                                                                                                                                      Effective interest rate
       2024            0.00 - 29.90   0.10 - 10.22    3.90 - 7.00    0.41 - 3.88   4.00 - 7.36   4.35 - 6.00                  6.25         7.60 - 7.00      1.50 - 8.56     6.71 – 7.00                    2024
       2023            0.00 - 27.00   0.10 - 11.18    4.00 - 7.20    0.50 - 4.37   4.00 - 7.36   4.00 - 5.47           6.00 - 6.00         7.00 - 8.30      0.85 - 9.53               -                    2023


              *)       Tidak termasuk dalam tingkat suku bunga kontrak dan suku bunga                                     *)         Not included in the contractual interest rates and effective interest
                       efektif diatas adalah suku bunga dari transaksi Paylater untuk tanggal                                        rate above are the interest rate from Paylater transactions as of 31
                       31 Desember 2024 dan 2023 masing-masing sebesar 18,96% -                                                      December 2024 and 2023, were 18.96% - 51.48% and 17.98% -
                       51,48% dan 17,98% - 51,48%.                                                                                   51.48%, respectively.


       h.     Pinjaman yang direstrukturisasi                                                                     h.      Restructured loans

              Berikut ini adalah jenis dan jumlah kredit yang                                                             Below are the types and amounts of
              telah direstrukturisasi per 31 Desember 2024                                                                restructured loans as of 31 December 2024
              dan 2023:                                                                                                   and 2023:

                                                                                      2024                              2023

              Penurunan suku bunga kredit                                                25,710,415                       23,729,178                            Reduction of interest rates
              Perpanjangan jangka waktu                                                  24,753,697                       25,939,841                       Extension of loan maturity dates
              Lainnya*)                                                                  16,294,208                       26,121,994                                              Others*)

                                                                                         66,758,320                       75,791,013


              *)       Program restrukturisasi lain-lain terutama terdiri dari                                            *)         Other restructuring schemes mainly includes additions
                       penambahan fasilitas kredit, Perjanjian Penyelesaian                                                          of loan facilities, debt settlement agreements (PPH)
                       Hutang (PPH) dan Interest Balloon Payments (IBP).                                                             and Interest Balloon Payments (IBP).

              Pinjaman yang direstrukturisasi sesuai dengan                                                               Restructured loans in accordance with the
              peraturan OJK diungkapkan pada Catatan                                                                      OJK regulation are disclosed in Note 59h.
              59h.

              BNI telah melakukan restrukturisasi kredit                                                                  BNI has undertaken credit restructuring for
              untuk debitur yang terdampak pandemi Covid-                                                                 debtors affected by the Covid-19 pandemic in
              19 sesuai dengan Peraturan Otoritas Jasa                                                                    accordance with Financial Services Authority
              Keuangan No. 17/POJK.03/2021 (POJK                                                                          Regulation No. 17/POJK.03/2021 (POJK
              17/2021) tentang Perubahan Kedua Atas                                                                       17/2021) on the Second Amendment to
              Peraturan Otoritas Jasa Keuangan Nomor                                                                      Financial Services Authority Regulation No.
              11/POJK.03/2020         Tentang      Stimulus                                                               11/POJK.03/2020       Concerning    National
              Perekonomian Nasional Sebagai Kebijakan                                                                     Economic Stimulus as a Countercyclical Policy
              Countercyclical      Dampak       Penyebaran                                                                Impacting the Spread of Covid-19. This
              Coronavirus Disease 2019, dimana peraturan                                                                  regulation has been extended until 31 March
              tersebut    diperpanjang    sampai     dengan                                                               2024, as communicated in the Financial
              31 Maret 2024 melalui Siaran Pers OJK No.                                                                   Services Authority Press Release No. SP
              SP     85/DHMS/OJK/XI/2022      tanggal    28                                                               85/DHMS/OJK/XI/2022 dated 28 November
              November 2022         tentang Perpanjangan                                                                  2022, regarding the Extension of Credit
              Kebijakan     Restrukturisasi   Kredit    dan                                                               Restructuring Policies in a Targeted and
              Pembiayaan secara Targeted dan Sektoral                                                                     Sectoral to address ongoing impacts of the
              Atasi Dampak Lanjutan Pandemi Covid-19.                                                                     Covid-19 pandemic.




                                                                                   Halaman - 121 - Page
1332   Transforming the Future, Empowering Indonesia
Page 732
                                            PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                               DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                 (Expressed in millions of Rupiah, unless otherwise stated)

12. PINJAMAN YANG DIBERIKAN (lanjutan)                                                 12. LOANS (continued)

    i.   Pinjaman sindikasi                                                                    i.   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 Grup dalam pinjaman sindikasi                                                Group participation in syndicated loans with
         dengan bank-bank lain adalah sebesar                                                       other banks amounted to Rp97,121,110 and
         Rp97.121.110 dan Rp97.600.163 masing-                                                      Rp97,600,163 as of 31 December 2024 and
         masing pada tanggal 31 Desember 2024 dan                                                   2023, respectively.
         2023.

         Persentase bagian BNI dalam pinjaman                                                       BNI’s percentage shares in syndicated loans,
         sindikasi, dimana BNI bertindak sebagai                                                    in which BNI acts as the lead arranger, is as
         pimpinan sindikasi adalah sebagai berikut:                                                 follows:

                                                                         2024                       2023

         % Partisipasi                                           5.04% - 100.00%              5.04% - 100.00%                                          % Participation

         Keikutsertaan BNI dalam pinjaman sindikasi,                                                BNI’s participation in syndicated loans, in
         dimana BNI bertindak sebagai anggota                                                       which BNI acts as the syndication member, is
         sindikasi adalah sebagai berikut:                                                          as follows:

                                                                         2024                       2023

         % Partisipasi                                            0.13% - 50.00%               0.13% - 50.00%                                          % Participation

    j.   Nilai tercatat bruto dan cadangan kerugian                                            j.   Gross carrying amount and allowance for
         penurunan nilai                                                                            impairment losses

         Perubahan nilai tercatat bruto adalah sebagai                                              Movements in the gross carrying amount are
         berikut:                                                                                   as follows:

                                                                                      2024
                                                                                               Kerugian kredit
                                                                          Kerugian kredit       ekspektasian
                                                                           ekspektasian          sepanjang
                                                                             sepanjang           umurnya -
                                               Kerugian kredit           umurnya - kredit           kredit
                                               ekspektasian 12           tidak memburuk/         memburuk/
                                               bulan/12-month            Lifetime ECL Not       Lifetime ECL
                                                    ECL                   Credit-impaired      Credit-impaired         Total/Total

         Pinjaman yang diberikan                                                                                                                                  Loans
         Saldo awal                                   592,250,284                71,267,952          31,566,533           695,084,769                  Beginning balance
         Pengalihan dari:                                                                                                                                  Transfer from:
         - Kerugian kredit ekspektasian
           12 bulan                                       (46,089,808)           46,089,808                      -                    -                   12-month ECL-
         - Kerugian kredit ekspektasian
           Sepanjang umurnya -                                                                                                                   Lifetime ECL not credit -
           kredit tidak memburuk                          44,881,133            (44,881,133)                     -                    -                       -impaired
         Pengalihan dari/ke kerugian
           kredit ekspektasian sepanjang                                                                                                                   Transfer from/to
           umurnya - kredit                                                                                                                           lifetime ECL credit
           memburuk - bersih                              (314,609)             (15,033,813)         15,348,422                     -                       impaired - net
         Pengukuran kembali bersih*)                  (111,065,027)             (16,255,626)         (2,016,400)         (129,337,053)              Net remeasurement*)
         Aset keuangan baru yang                                                                                                                     New financial assets
           diterbitkan atau dibeli                     391,171,138               22,311,172              273,118          413,755,428           originated or purchased
         Pembayaran penuh                             (184,273,357)              (5,396,143)            (661,663)        (190,331,163)                     Fully repayment
         Penghapusbukuan                                    (2,939)                (109,376)         (18,611,521)         (18,723,836)                            Write-offs
         Valuta asing dan                                                                                                                          Foreign exchange and
           perubahan lain                                  4,153,490              1,222,187                47,956           5,423,633                   other movements

                                                      690,710,305                59,215,028          25,946,445           775,871,778


         *) Termasuk di dalam pengukuran kembali bersih                                                                  Including in the net remeasurement is repayment *)
            adalah pembayaran kembali.




                                                                   Halaman - 122 - Page                                                2024 Annual Report
                                                                                                                     PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                        1333
Page 733
                                                   PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                      DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                    (Expressed in millions of Rupiah, unless otherwise stated)

  12. PINJAMAN YANG DIBERIKAN (lanjutan)                                                    12. LOANS (continued)

       j.   Nilai tercatat bruto dan cadangan kerugian                                              j.   Gross carrying amount and allowance for
            penurunan nilai (lanjutan)                                                                   impairment losses (continued)

            Perubahan nilai tercatat bruto adalah sebagai                                                Movements in the gross carrying amount are
            berikut: (lanjutan)                                                                          as follows: (continued)

                                                                                           2023
                                                                                                    Kerugian kredit
                                                                               Kerugian kredit       ekspektasian
                                                                                ekspektasian          sepanjang
                                                                                  sepanjang           umurnya -
                                                      Kerugian kredit         umurnya - kredit           kredit
                                                      ekspektasian 12         tidak memburuk/         memburuk/
                                                      bulan/12-month          Lifetime ECL Not       Lifetime ECL
                                                           ECL                 Credit-impaired      Credit-impaired       Total/Total

            Pinjaman yang diberikan                                                                                                                                    Loans
            Saldo awal                                        548,586,079             64,916,819          32,685,415        646,188,313                     Beginning balance
            Pengalihan dari:                                                                                                                                    Transfer from:
            - Kerugian kredit ekspektasian
              12 bulan                                         (50,507,361)           50,507,361                      -                   -                     12-month ECL-
            - Kerugian kredit ekspektasian
              Sepanjang umurnya -                                                                                                                     Lifetime ECL not credit -
              kredit tidak memburuk                            27,382,099            (27,382,099)                     -                   -                        -impaired
            Pengalihan dari/ke kerugian
              kredit ekspektasian sepanjang                                                                                                                     Transfer from/to
              umurnya - kredit                                                                                                                             lifetime ECL credit
              memburuk - bersih                                   (379,605)          (14,142,760)         14,522,365                  -                          impaired - net
            Pengukuran kembali bersih*)                        (84,580,425)          (29,367,056)         (3,536,324)      (117,483,805)                 Net remeasurement*)
            Aset keuangan baru yang                                                                                                                       New financial assets
              diterbitkan atau dibeli                         307,227,911             30,794,438           4,363,091        342,385,440              originated or purchased
            Pembayaran penuh                                 (154,760,114)            (4,339,928)         (1,831,940)      (160,931,982)                        Fully repayment
            Penghapusbukuan                                        (8,904)              (108,015)        (14,273,418)       (14,390,337)                               Write-offs
            Valuta asing dan                                                                                                                            Foreign exchange and
              perubahan lain                                      (709,396)             389,192             (362,656)           (682,860)                    other movements

                                                              592,250,284             71,267,952          31,566,533        695,084,769


            *) Termasuk di dalam pengukuran kembali bersih                                                                 Including in the net remeasurement is repayment *)
               adalah pembayaran kembali.


            Perubahan cadangan kerugian penurunan nilai                                                  The movements in the allowance                                       for
            adalah sebagai berikut:                                                                      impairment losses are as follows:
                                                                                           2024
                                                                                                    Kerugian kredit
                                                                               Kerugian kredit       ekspektasian
                                                                                ekspektasian          sepanjang
                                                                                  sepanjang           umurnya -
                                                      Kerugian kredit         umurnya - kredit           kredit
                                                      ekspektasian 12         tidak memburuk/         memburuk/
                                                      bulan/12-month          Lifetime ECL Not       Lifetime ECL
                                                           ECL                 Credit-impaired      Credit-impaired       Total/Total

            Pinjaman yang diberikan                                                                                                                                    Loans
            Saldo awal                                           4,116,856            19,078,523          23,962,752         47,158,131                     Beginning balance
            Pengalihan dari:                                                                                                                                    Transfer from:
            - Kerugian kredit ekspektasian
              12 bulan                                          (1,388,026)            1,388,026                      -                   -                     12-month ECL-
            - Kerugian kredit ekspektasian
              sepanjang umurnya -                                                                                                                     Lifetime ECL not credit -
              kredit tidak memburuk                              2,776,280            (2,776,280)                     -                   -                        -impaired
            Pengalihan dari/ke
              kerugian kredit ekspektasian
              sepanjang umurnya -                                                                                                                             Transfer from/to:
              kredit memburuk - bersih                             308,386            (5,022,780)          4,714,394                      -    Lifetime ECL credit-impaired -
            Pengukuran kembali bersih                                                                                                                   Net remeasurement of
              penyisihan kerugian*)                             (1,792,074)           (2,015,723)          7,990,276           4,182,479                     loss allowance*)
            Aset keuangan baru yang                                                                                                                       New financial assets
              diterbitkan atau dibeli                            1,651,317             7,921,581             118,669           9,691,567             originated or purchased
            Pembayaran penuh                                    (1,554,149)           (1,955,047)           (616,441)         (4,125,637)                      Fully repayment
            Penghapusbukuan                                         (2,939)             (109,376)        (18,611,521)        (18,723,836)                             Write-offs
            Valuta asing dan                                                                                                                            Foreign exchange and
              perubahan lain                                        15,520              215,974              270,322             501,816                    other movements
                                                                 4,131,171            16,724,898          17,828,451         38,684,520

            *) Termasuk di dalam pengukuran kembali bersih penyisihan                                          Including in the net remeasurement of loss allowance is repayment *)
               kerugian, adalah pembayaran kembali.




                                                                        Halaman - 123 - Page
1334   Transforming the Future, Empowering Indonesia
Page 734
                                                PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                   DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                      FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                      31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                       (Expressed in millions of Rupiah, unless otherwise stated)

12. PINJAMAN YANG DIBERIKAN (lanjutan)                                                       12. LOANS (continued)

    j.   Nilai tercatat bruto dan cadangan kerugian                                                  j.   Gross carrying amount and allowance for
         penurunan nilai (lanjutan)                                                                       impairment losses (continued)

         Perubahan cadangan kerugian penurunan nilai                                                      The movements in the allowance for
         adalah sebagai berikut: (lanjutan)                                                               impairment losses are as follows: (continued)

                                                                                            2023
                                                                                                     Kerugian kredit
                                                                                Kerugian kredit       ekspektasian
                                                                                 ekspektasian          sepanjang
                                                                                   sepanjang           umurnya -
                                                   Kerugian kredit             umurnya - kredit           kredit
                                                   ekspektasian 12             tidak memburuk/         memburuk/
                                                   bulan/12-month              Lifetime ECL Not       Lifetime ECL
                                                        ECL                     Credit-impaired      Credit-impaired         Total/Total
         Pinjaman yang diberikan                                                                                                                                        Loans
         Saldo awal                                           4,126,973                19,560,944          26,646,071            50,333,988                  Beginning balance
         Pengalihan dari:                                                                                                                                        Transfer from:
         - Kerugian kredit ekspektasian
           12 bulan                                          (1,521,043)                1,521,043                      -                   -                     12-month ECL-
         - Kerugian kredit ekspektasian
           sepanjang umurnya -                                                                                                                         Lifetime ECL not credit -
           kredit tidak memburuk                              3,096,988                (3,096,988)                     -                   -                        -impaired
         Pengalihan dari/ke
           kerugian kredit ekspektasian
           sepanjang umurnya -                                                                                                                                 Transfer from/to:
           kredit memburuk - bersih                             589,319                (5,046,193)          4,456,874                      -    Lifetime ECL credit-impaired -
         Pengukuran kembali bersih                                                                                                                       Net remeasurement of
           penyisihan kerugian*)                             (2,551,411)                2,233,912           6,524,986             6,207,487                   loss allowance*)
         Aset keuangan baru yang                                                                                                                           New financial assets
           diterbitkan atau dibeli                            1,455,725                 5,529,000           2,494,908             9,479,633           originated or purchased
         Pembayaran penuh                                    (1,062,757)               (1,605,474)         (1,672,425)           (4,340,656)                    Fully repayment
         Penghapusbukuan                                         (8,904)                 (108,015)        (14,273,418)          (14,390,337)                           Write-offs
         Valuta asing dan                                                                                                                                Foreign exchange and
           perubahan lain                                            (8,034)              90,294             (214,244)             (131,984)                 other movements
                                                              4,116,856                19,078,523          23,962,752            47,158,131

         *) Termasuk di dalam pengukuran kembali bersih penyisihan                                              Including in the net remeasurement of loss allowance is repayment *)
            kerugian, adalah pembayaran kembali.


         Manajemen berpendapat bahwa jumlah                                                               Management believes that the allowance for
         cadangan kerugian penurunan nilai di atas                                                        impairment losses above is adequate.
         telah memadai.

    k.   Kredit dihapusbukukan                                                                       k.   Loans written off

         Kredit yang telah dihapusbukukan oleh BNI                                                        The loans written off by BNI are recorded as
         dicatat sebagai kredit ekstra-komtabel di                                                        extra-comptable in the administrative account.
         dalam rekening administratif.

    l.   Fasilitas pembiayaan dengan perusahaan                                                      l.   Financing arrangements with multi-finance
         pembiayaan                                                                                       companies

         BNI memiliki perjanjian pembiayaan dengan                                                        BNI has financing arrangements with several
         beberapa    lembaga     pembiayaan   untuk                                                       multi-finance companies with respect to motor
         membiayai kepemilikan kendaraan bermotor                                                         vehicles financing amounting to Rp2,729,935
         sebesar Rp2.729.935 dan Rp2.798.494                                                              and Rp2,798,494 as of 31 December 2024
         masing-masing pada tanggal 31 Desember                                                           and 2023, respectively.
         2024 dan 2023.




                                                                         Halaman - 124 - Page                                                2024 Annual Report
                                                                                                                           PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                                1335
Page 735
                                               PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                  DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                              NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                   FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                   31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)

  12. PINJAMAN YANG DIBERIKAN (lanjutan)                                           12. LOANS (continued)

       m. Informasi pokok lainnya sehubungan                                           m. Other significant information relating to
          dengan pinjaman yang diberikan                                                  loans

            Grup memiliki agunan atas pinjaman yang                                           The Group holds collateral against loans in the
            diberikan dalam bentuk kas, deposito, agunan                                      form of cash, deposits, registered mortgages,
            yang diikat dengan hipotik, garansi serta                                         guarantees and other assets held as
            jaminan dalam bentuk aset lainnya.                                                collaterals.

            Pinjaman karyawan adalah pinjaman yang                                            Loans to employees which carried interest rate
            diberikan kepada karyawan dengan tingkat                                          of 3% - 5% per annum are intended for
            bunga sebesar 3% - 5% per tahun yang                                              purchase of houses and other necessities with
            ditujukan untuk pembelian rumah dan                                               1 year to 20 years period. The loan principal
            keperluan lainnya dengan jangka waktu                                             and interest payments are settled through
            berkisar antara 1 tahun sampai 20 tahun.                                          monthly payroll deductions.
            Pembayaran pokok pinjaman dan bunga
            dilunasi melalui pemotongan gaji setiap bulan.

            Informasi pokok lainnya terkait pelampauan                                        Other significant information such as any
            Batas Maksimum Pemberian Kredit Bank                                              breach nor violation of Legal Lending Limit as
            sesuai dengan peraturan yang ditetapkan OJK                                       required by Regulation of Financial Services
            diungkapkan pada Catatan 59h.                                                     Authority are disclosed in Note 59h.


  13. OBLIGASI PEMERINTAH                                                          13. GOVERNMENT BONDS

       Informasi   mengenai  Obligasi   Pemerintah                                     Information related to Government Bonds to
       berdasarkan pihak yang berelasi diungkapkan                                     related parties are disclosed in Note 45e.
       pada Catatan 45e.

       a.   Berdasarkan jenis dan mata uang                                            a.     By type and currency

                                                            2024                                  2023

                                                   Nilai             Nilai             Nilai               Nilai
                                                 Nominal/          Tercatat/         Nominal/            Tercatat/
                                                 Nominal           Carrying          Nominal             Carrying
                                                  Value             Value             Value               Value


            Nilai wajar melalui laba rugi                                                                               Fair value through profit or loss

            Rupiah                                                                                                                               Rupiah
            Tingkat bunga tetap                     3,844,241          3,858,064        3,917,793           4,013,012                          Fixed rate


            Mata uang asing                                                                                                        Foreign currencies
            Tingkat bunga tetap                      109,687              99,009            176,681           174,760                          Fixed rate

            Total nilai wajar melalui                                                                                           Total fair value through
               laba rugi                            3,953,928          3,957,073        4,094,474           4,187,772                   profit or loss



            Nilai wajar melalui penghasilan                                                                                    Fair value through other
               komprehensif lain                                                                                             comprehensive income

            Rupiah                                                                                                                               Rupiah
            Tingkat bunga tetap                   71,468,504         71,351,417        66,611,736          67,784,249                          Fixed rate
            Tingkat bunga mengambang                 100,000             99,959           100,000              99,957                       Floating rate

                                                   71,568,504        71,451,376        66,711,736          67,884,206


            Mata uang asing                                                                                                          Foreign currencies
            Tingkat bunga tetap                    20,600,172        19,453,065        19,643,203          18,665,126                         Fixed rate


            Total nilai wajar melalui                                                                                           Total fair value through
               penghasilan komprehensif lain       92,168,676        90,904,441        86,354,939          86,549,332   other comprehensive income




                                                                Halaman - 125 - Page
1336   Transforming the Future, Empowering Indonesia
Page 736
                                              PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                 DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                 FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                  (Expressed in millions of Rupiah, unless otherwise stated)

13. OBLIGASI PEMERINTAH (lanjutan)                                                      13. GOVERNMENT BONDS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                                             a.     By type and currency (continued)
                                                             2024                                          2023
                                                  Nilai                 Nilai                   Nilai                  Nilai
                                                Nominal/              Tercatat/               Nominal/               Tercatat/
                                                Nominal               Carrying                Nominal                Carrying
                                                 Value                 Value                   Value                  Value

         Biaya perolehan diamortisasi                                                                                                                         Amortised cost

         Rupiah                                                                                                                                                       Rupiah
         Tingkat bunga tetap, setelah                                                                                                                              Fixed rate,
            diskonto/premi yang belum                                                                                                                   net of unamortised
            diamortisasi, sebesar Rp178.662                                                                                                discount/premium of Rp178,662
            per 31 Desember 2024 dan                                                                                                          as of 31 December 2024 and
            Rp2.150.144 per 31 Desember 2023     23,749,156              23,927,818             21,255,598             23,405,742     Rp2,150,144 as of 31 December 2023


         Mata uang asing                                                                                                                                   Foreign currencies
         Tingkat bunga tetap,                                                                                                                                       Fixed rate,
            setelah diskonto/premi yang belum                                                                                                  net of unamortised discount/
            diamortisasi sebesar Rp46.836                                                                                                       premium of Rp46,836 as of
            per 31 Desember 2024 dan                                                                                                      31 December 2024 and Rp81,819
            Rp81.819 per 31 Desember 2023        13,235,401              13,282,237             12,875,704             12,957,523                  as of 31 December 2023

         Total biaya perolehan diamortisasi       36,984,557             37,210,055             34,131,302             36,363,265                        Total amortised cost

         Total Obligasi Pemerintah                                      132,071,569                                   127,100,369                   Total Government Bonds
         Cadangan kerugian penurunan nilai                                   (2,988)                                        (1,504)           Allowance for impairment losses

         Obligasi Pemerintah - bersih                                   132,068,581                                   127,098,865                   Government Bonds – net



         Jumlah nominal Obligasi Pemerintah yang                                                       The total outstanding nominal amount of
         diterima BNI dari program rekapitalisasi                                                      Government Bonds received by BNI from the
         masing-masing sebesar Rp100.000 pada                                                          recapitalization    program amounted    to
         tanggal 31 Desember 2024 dan 2023.                                                            Rp100,000 as of 31 December 2024 and
                                                                                                       2023, respectively.

         Jumlah     Obligasi     Pemerintah       yang                                                The total Government Bonds at fair value
         dikelompokkan sebagai nilai wajar melalui                                                    through other comprehensive income sold
         penghasilan komprehensif lain yang dijual                                                    during the current year are as follows:
         selama tahun berjalan adalah sebagai berikut:
                                                      Total dijual/                 Kepada pihak ketiga/
                                                         Sold                         To third parties
                                                    Nilai nominal/        Nilai nominal/              Harga jual/
                                                    Nominal value         Nominal value              Selling price
         2024                                               7,115,934             4,758,601                   4,776,476                                                   2024
         2023                                              12,601,328             7,818,999                   8,111,514                                                   2023


         Jumlah nilai nominal Obligasi Pemerintah yang                                                 Total nominal amount of Government Bonds
         telah jatuh tempo pada 31 Desember 2024                                                       which    have   matured     amounted     to
         dan 2023 masing-masing adalah sebesar                                                         Rp14,123,726 and Rp10,467,207 as of
         Rp14.123.726 dan Rp10.467.207.                                                                31 December 2024 and 2023, respectively.

         Untuk tingkat bunga tetap, harga pasar                                                        For fixed interest rate bonds, the market price
         Obligasi Pemerintah berkisar antara 54,49%                                                    of Government Bonds ranged from 54.49% to
         sampai dengan 129,31% dan antara 73,91%                                                       129.31% and from 73.91% to 132.33% as
         sampai dengan 132,33% masing-masing pada                                                      of 31 December 2024 and 2023, respectively.
         tanggal 31 Desember 2024 dan 2023.

         Untuk obligasi tingkat bunga mengambang,                                                      For floating interest rate bonds, the market
         harga pasar Obligasi Pemerintah adalah                                                        price of Government Bonds is 99.96% as of
         99,96% pada tanggal 31 Desember 2024 dan                                                      31 December 2024 and 99.96% as of
         99,96% pada tanggal 31 Desember 2023 dari                                                     31 December 2023 of the nominal amounts.
         nilai nominal.




                                                                Halaman - 126 - Page                                                   2024 Annual Report
                                                                                                                     PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                           1337
Page 737
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                               NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                    FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                    31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)

  13. OBLIGASI PEMERINTAH (lanjutan)                                          13. GOVERNMENT BONDS (continued)
       a.   Berdasarkan jenis dan mata uang (lanjutan)                                  a.   By type and currency (continued)
            BNI mengakui adanya keuntungan atau                                              BNI recognised the unrealised gains or losses
            kerugian yang belum direalisasi atas                                             from the changes in the market value of the
            perubahan nilai pasar Obligasi Pemerintah                                        Government Bonds categorised as fair value
            dalam     kelompok    nilai  wajar    melalui                                    through other comprehensive income (net of
            penghasilan komprehensif lain (bersih setelah                                    taxes) in the amount of Rp715,380 (gain) and
            pajak) sebesar Rp715.380 (laba) dan                                              Rp742,928 (gain) for the period/year ended
            Rp742.928 (laba) masing-masing untuk                                             31 December 2024 and 2023, respectively,
            periode/tahun yang berakhir pada tanggal                                         both recorded in the equity section of the
            31 Desember 2024 dan 2023 yang dicatat                                           consolidated statement of financial position.
            pada bagian ekuitas laporan posisi keuangan
            konsolidasian.
            Pada 31 Desember 2024 dan 2023, Obligasi                                         As of 31 December 2024 and 2023, the fixed
            Pemerintah dengan tingkat bunga tetap                                            rate government bonds have been sold under
            dengan jumlah nominal Rp16.769.460 dan                                           agreements to repurchase at maturity with
            Rp7.691.569 telah dijual dengan janji dibeli                                     nominal amount of Rp16,769,460 and
            kembali hingga jatuh tempo (lihat Catatan 24).                                   Rp7,691,569, respectively (refer to Note 24).
       b.   Berdasarkan kisaran tanggal jatuh tempo                                     b.   Based on maturity date and type of interest
            dan jenis bunga                                                                  rate
                                                                          2024
            Nilai wajar melalui laba rugi                                                                               Fair value through profit of loss
                Obligasi tingkat bunga tetap                     03/01/2025 - 12/03/2071                                             Fixed rate bonds
            Nilai wajar melalui penghasilan                                                                                    Fair value through other
                komprehensif lain                                                                                             comprehensive income
                Obligasi tingkat bunga tetap                     10/01/2025 - 15/07/2064                                             Fixed rate bonds
                Obligasi tingkat bunga mengambang                      25/04/2025                                                 Floating rate bonds
            Biaya perolehan diamortisasi                                                                                                 Amortised cost
                 Obligasi tingkat bunga tetap                    10/01/2025 - 15/07/2054                                             Fixed rate bonds

                                                                          2023
            Nilai wajar melalui laba rugi                                                                               Fair value through profit of loss
                Obligasi tingkat bunga tetap                     04/01/2024 - 12/03/2071                                             Fixed rate bonds
            Nilai wajar melalui penghasilan                                                                                    Fair value through other
                komprehensif lain                                                                                             comprehensive income
                Obligasi tingkat bunga tetap                     15/01/2024 - 15/08/2051                                             Fixed rate bonds
                Obligasi tingkat bunga mengambang                      25/04/2025                                                 Floating rate bonds
            Biaya perolehan diamortisasi                                                                                                 Amortised cost
                 Obligasi tingkat bunga tetap                    05/01/2024 - 15/05/2048                                             Fixed rate bonds

       c.   Nilai tercatat bruto dan cadangan kerugian                                  c.   Gross carrying amount and allowance for
            penurunan nilai                                                                  impairment losses
            Perubahan nilai tercatat bruto adalah sebagai                                    Movements in the gross carrying amount are
            berikut:                                                                         as follows:
                                                                             2024
                                                                                        Kerugian kredit
                                                                  Kerugian kredit        ekspektasian
                                                                   ekspektasian           sepanjang
                                                                     sepanjang            umurnya -
                                          Kerugian kredit        umurnya - kredit            kredit
                                          ekspektasian 12        tidak memburuk/          memburuk/
                                          bulan/12-month         Lifetime ECL Not        Lifetime ECL
                                               ECL                Credit-impaired       Credit-impaired       Total/Total

            Obligasi Pemerintah yang
             diukur pada biaya                                                                                                        Government Bond at
             perolehan diamortisasi                                                                                                       amortised cost
            Saldo awal                           36,363,265                         -                     -      36,363,265               Beginning balance
            Pengukuran kembali bersih              (291,317)                        -                     -        (291,317)            Net remeasurement
            Aset keuangan baru yang                                                                                                     New financial assets
             diterbitkan atau dibeli                   585,596                      -                     -         585,596       originated or purchased
            Valuta asing dan                                                                                                          Foreign exchange and
             perubahan lain                            552,511                      -                     -         552,511              other movements

                                                 37,210,055                         -                 -          37,210,055




                                                            Halaman - 127 - Page
1338   Transforming the Future, Empowering Indonesia
Page 738
                                               PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                  DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                   FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                  (Expressed in millions of Rupiah, unless otherwise stated)

13. OBLIGASI PEMERINTAH (lanjutan)                                                      13. GOVERNMENT BONDS (continued)

    c.   Nilai tercatat bruto dan cadangan kerugian                                               c.   Gross carrying amount and allowance for
         penurunan nilai (lanjutan)                                                                    impairment losses (continued)

         Perubahan nilai tercatat bruto adalah sebagai                                                 Movements in the gross carrying amount are
         berikut: (lanjutan)                                                                           as follows: (continued)

                                                                                       2024
                                                                                                  Kerugian kredit
                                                                            Kerugian kredit        ekspektasian
                                                                             ekspektasian           sepanjang
                                                                               sepanjang            umurnya -
                                                   Kerugian kredit         umurnya - kredit            kredit
                                                   ekspektasian 12         tidak memburuk/          memburuk/
                                                   bulan/12-month          Lifetime ECL Not        Lifetime ECL
                                                        ECL                 Credit-impaired       Credit-impaired         Total/Total

         Obligasi Pemerintah yang
          diukur pada nilai wajar                                                                                                                    Government Bond at
          melalui penghasilan                                                                                                                 fair value through other
          komprehensif lain                                                                                                                   comprehensive income
         Saldo awal                                         86,549,332                        -                     -         86,549,332                 Beginning balance
         Pengukuran kembali bersih*)                       (14,720,011)                       -                     -        (14,720,011)             Net remeasurement*)
         Aset keuangan baru yang                                                                                                                       New financial assets
          diterbitkan atau dibeli                           18,666,108                        -                     -         18,666,108         originated or purchased
         Pembayaran penuh                                     (429,531)                       -                     -           (429,531)                   Fully repayment
         Valuta asing dan                                                                                                                            Foreign exchange and
          perubahan lain                                       838,543                        -                     -           838,543                 other movements

                                                            90,904,441                        -                     -         90,904,441


         *) Termasuk di dalam pengukuran kembali bersih adalah penjualan Obligasi                              Including in the net measurement is sales of Government Bonds*)
         Pemerintah


                                                                                       2023
                                                                                                  Kerugian kredit
                                                                            Kerugian kredit        ekspektasian
                                                                             ekspektasian           sepanjang
                                                                               sepanjang            umurnya -
                                                   Kerugian kredit         umurnya - kredit            kredit
                                                   ekspektasian 12         tidak memburuk/          memburuk/
                                                   bulan/12-month          Lifetime ECL Not        Lifetime ECL
                                                        ECL                 Credit-impaired       Credit-impaired         Total/Total
         Obligasi Pemerintah yang
          diukur pada biaya                                                                                                                         Government Bond at
          perolehan diamortisasi                                                                                                                        amortised cost
         Saldo awal                                         37,189,018                        -                     -         37,189,018                Beginning balance
         Pengukuran kembali bersih*)                        (2,061,543)                       -                     -         (2,061,543)            Net remeasurement*)
         Aset keuangan baru yang                                                                                                                      New financial assets
          diterbitkan atau dibeli                            1,382,109                        -                     -          1,382,109        originated or purchased
         Valuta asing dan                                                                                                                           Foreign exchange and
          perubahan lain                                       (146,319)                      -                     -           (146,319)              other movements

                                                            36,363,265                        -                 -             36,363,265

         *) Termasuk di dalam pengukuran kembali bersih adalah penjualan Obligasi                             Including in the net measurement is sales of Government Bonds *)
         Pemerintah




                                                                      Halaman - 128 - Page                                                2024 Annual Report
                                                                                                                        PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                          1339
Page 739
                                                  PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                     DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                             NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                                  FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                                  31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                   (Expressed in millions of Rupiah, unless otherwise stated)

  13. OBLIGASI PEMERINTAH (lanjutan)                                                       13. GOVERNMENT BONDS (continued)

       c.   Nilai tercatat bruto dan cadangan kerugian                                                c.   Gross carrying amount and allowance for
            penurunan nilai (lanjutan)                                                                     impairment losses (continued)

            Perubahan nilai tercatat bruto adalah sebagai                                                  Movements in the gross carrying amount are
            berikut: (lanjutan)                                                                            as follows: (continued)

                                                                                          2023
                                                                                                      Kerugian kredit
                                                                               Kerugian kredit         ekspektasian
                                                                                ekspektasian            sepanjang
                                                                                  sepanjang             umurnya -
                                                      Kerugian kredit         umurnya - kredit             kredit
                                                      ekspektasian 12         tidak memburuk/           memburuk/
                                                      bulan/12-month          Lifetime ECL Not         Lifetime ECL
                                                           ECL                 Credit-impaired        Credit-impaired       Total/Total

            Obligasi Pemerintah yang
             diukur pada nilai wajar                                                                                                                     Government Bond at
             melalui penghasilan                                                                                                                  fair value through other
             komprehensif lain                                                                                                                    comprehensive income
            Saldo awal                                         82,328,187                        -                      -      82,328,187                    Beginning balance
            Pengukuran kembali bersih*)                       (18,285,352)                        -                     -     (18,285,352)                Net remeasurement*)
            Aset keuangan baru yang                                                                                                                        New financial assets
             diterbitkan atau dibeli                           24,012,908                        -                      -      24,012,908            originated or purchased
            Pembayaran penuh                                   (1,065,523)                       -                      -      (1,065,523)                      Fully repayment
            Valuta asing dan                                                                                                                             Foreign exchange and
             perubahan lain                                       (440,888)                      -                      -        (440,888)                  other movements

                                                               86,549,332                        -                      -      86,549,332

            *) Termasuk di dalam pengukuran kembali bersih adalah penjualan Obligasi                               Including in the net measurement is sales of Government Bonds*)
            Pemerintah


            Perubahan cadangan kerugian penurunan nilai                                                    The movements in the allowance                                    for
            adalah sebagai berikut:                                                                        impairment losses are as follows:

                                                                                          2024
                                                                                                      Kerugian kredit
                                                                               Kerugian kredit         ekspektasian
                                                                                ekspektasian            sepanjang
                                                                                  sepanjang             umurnya -
                                                      Kerugian kredit         umurnya - kredit             kredit
                                                      ekspektasian 12         tidak memburuk/           memburuk/
                                                      bulan/12-month          Lifetime ECL Not         Lifetime ECL
                                                           ECL                 Credit-impaired        Credit-impaired       Total/Total

            Obligasi Pemerintah yang
             diukur pada biaya biaya                                                                                                                    Government Bond at
             perolehan diamortisasi                                                                                                                          amortised cost
            Saldo awal                                               1,504                       -                      -            1,504                  Beginning balance
            Pengukuran kembali bersih                                                                                                                   Net remeasurement of
             penyisihan kerugian                                     1,287                       -                      -            1,287                   loss allowances
            Aset keuangan baru yang                                                                                                                       New financial assets
             diterbitkan atau dibeli                                     96                      -                      -                 96        originated or purchased
            Valuta asing dan                                                                                                                            Foreign exchange and
             perubahan lain                                            101                       -                      -              101                 other movements

                                                                     2,988                       -                      -            2,988




                                                                         Halaman - 129 - Page
1340   Transforming the Future, Empowering Indonesia
Page 740
                                           PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                        NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                             FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                             31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)

13. OBLIGASI PEMERINTAH (lanjutan)                                              13. GOVERNMENT BONDS (continued)

    c.   Nilai tercatat bruto dan cadangan kerugian                                       c.   Gross carrying amount and allowance for
         penurunan nilai (lanjutan)                                                            impairment losses (continued)

         Perubahan cadangan kerugian penurunan nilai                                           The movements in the allowance for
         adalah sebagai berikut: (lanjutan)                                                    impairment losses are as follows: (continued)

                                                                               2024
                                                                                          Kerugian kredit
                                                                    Kerugian kredit        ekspektasian
                                                                     ekspektasian           sepanjang
                                                                       sepanjang            umurnya -
                                              Kerugian kredit      umurnya - kredit            kredit
                                              ekspektasian 12      tidak memburuk/          memburuk/
                                              bulan/12-month       Lifetime ECL Not        Lifetime ECL
                                                   ECL              Credit-impaired       Credit-impaired           Total/Total*)

         Obligasi Pemerintah yang
          diukur pada nilai wajar                                                                                                                Government Bond at
          melalui penghasilan                                                                                                             fair value through other
          komprehensif lain                                                                                                               comprehensive income
         Saldo awal                                       1,980                       -                       -              1,980                   Beginning balance
         Pengukuran kembali bersih                                                                                                               Net remeasurement of
            penyisihan kerugian                           2,048                       -                       -              2,048                    loss allowances
         Aset keuangan baru yang                                                                                                                   New financial assets
          diterbitkan atau dibeli                            85                       -                       -                   85         originated or purchased
         Pembayaran penuh                                     -                       -                       -                    -                    Fully repayment
         Valuta asing dan                                                                                                                        Foreign exchange and
          perubahan lain                                    140                       -                       -                140                  other movements

                                                          4,253                       -                       -              4,253

         ΎͿ                                                                                  ΎͿ
                Cadangan kerugian penurunan nilai pada Obligasi                                       Allowance for impairment losses on Government Bonds
                Pemerintah dengan klasifikasi nilai wajar melalui                                     classified as fair value through other comprehensive
                penghasilan komprehensif lain dicatat pada penghasilan                                income is recorded in other comprehensive income,
                komprehensif lain, karena nilai tercatatnya disajikan                                 because the carrying value is presented at fair value.
                sebesar nilai wajarnya.

                                                                               2023
                                                                                          Kerugian kredit
                                                                    Kerugian kredit        ekspektasian
                                                                     ekspektasian           sepanjang
                                                                       sepanjang            umurnya -
                                              Kerugian kredit      umurnya - kredit            kredit
                                              ekspektasian 12      tidak memburuk/          memburuk/
                                              bulan/12-month       Lifetime ECL Not        Lifetime ECL
                                                   ECL              Credit-impaired       Credit-impaired           Total/Total

         Obligasi Pemerintah yang
          diukur pada biaya biaya                                                                                                               Government Bond at
          perolehan diamortisasi                                                                                                                     amortised cost
         Saldo awal                                       1,391                       -                       -              1,391                  Beginning balance
         Pengukuran kembali bersih                                                                                                              Net remeasurement of
          penyisihan kerugian                              (172)                      -                       -               (172)                  loss allowances
         Aset keuangan baru yang                                                                                                                  New financial assets
          diterbitkan atau dibeli                           293                       -                       -                293          originated or purchased
         Valuta asing dan                                                                                                                       Foreign exchange and
          perubahan lain                                     (8)                      -                       -                     (8)            other movements

                                                          1,504                       -                       -              1,504




                                                             Halaman - 130 - Page                                                   2024 Annual Report
                                                                                                                  PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                    1341
Page 741
                                                PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                   DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                                NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                                     FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                                     31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                     (Expressed in millions of Rupiah, unless otherwise stated)

  13. OBLIGASI PEMERINTAH (lanjutan)                                                        13. GOVERNMENT BONDS (continued)

       c.   Nilai tercatat bruto dan cadangan kerugian                                              c.    Gross carrying amount and allowance for
            penurunan nilai (lanjutan)                                                                    impairment losses (continued)

            Perubahan cadangan kerugian penurunan nilai                                                   The movements in the allowance for
            adalah sebagai berikut: (lanjutan)                                                            impairment losses are as follows: (continued)

                                                                                           2023
                                                                                                    Kerugian kredit
                                                                            Kerugian kredit          ekspektasian
                                                                             ekspektasian             sepanjang
                                                                               sepanjang              umurnya -
                                                    Kerugian kredit        umurnya - kredit              kredit
                                                    ekspektasian 12        tidak memburuk/            memburuk/
                                                    bulan/12-month         Lifetime ECL Not          Lifetime ECL
                                                         ECL                Credit-impaired         Credit-impaired           Total/Total*)

            Obligasi Pemerintah yang
             diukur pada nilai wajar                                                                                                                     Government Bond at
             melalui penghasilan                                                                                                                  fair value through other
             komprehensif lain                                                                                                                    comprehensive income
            Saldo awal                                         2,558                            -                         -            2,558                 Beginning balance
            Pengukuran kembali bersih                                                                                                                    Net remeasurement of
               penyisihan kerugian                               (545)                          -                         -             (545)                 loss allowances
            Aset keuangan baru yang                                                                                                                        New financial assets
             diterbitkan atau dibeli                                  -                         -                         -                   -      originated or purchased
            Pembayaran penuh                                          -                         -                         -                   -                 Fully repayment
            Valuta asing dan                                                                                                                             Foreign exchange and
             perubahan lain                                       (33)                          -                         -               (33)              other movements

                                                               1,980                            -                         -            1,980

            ΎͿ                                                                                         ΎͿ
                   Cadangan kerugian penurunan nilai pada Obligasi                                              Allowance for impairment losses on Government Bonds
                   Pemerintah dengan klasifikasi nilai wajar melalui                                            classified as fair value through other comprehensive
                   penghasilan komprehensif lain dicatat pada penghasilan                                       income is recorded in other comprehensive income,
                   komprehensif lain, karena nilai tercatatnya disajikan                                        because the carrying value is presented at fair value.
                   sebesar nilai wajarnya.

            Manajemen berpendapat bahwa jumlah                                                            Management believes that the allowance for
            cadangan kerugian penurunan nilai di atas                                                     impairment losses above is adequate.
            telah memadai.

       d.   Tingkat suku bunga tetap tahunan                                                        d.    Annual fixed interest rates
                                                               Dolar
                                                          Amerika Serikat/
                                                           United States           Dolar Singapura/       Euro Eropa/             Yen Jepang/
                                           Rupiah             Dollar               Singapore Dollar      European Euro           Japanese Yen
                                             %                  %                         %                   %                        %

            Suku bunga:                                                                                                                                            Interest rate:
            2024                         4.88 - 12.00        0.50 - 7.75              0.50 - 1.25           0.90 - 1.75            0.57 - 3.00                             2024
            2023                         3.88 - 12.00        0.50 - 7.75              0.50 - 1.25           0.90 - 1.75            0.57 - 3.00                             2023


       e.   Tingkat suku bunga mengambang tahunan                                                   e.    Annual floating interest rates

                                                                                                                Dolar
                                                                                                          Amerika Serikat/
                                                                          Rupiah                         Unites States Dollar
                                                                            %                                     %

            Suku bunga:                                                                                                                                        Interest rate:
            2024                                                                        6.29                                             -                             2024
            2023                                                                        4.54                                             -                             2023




                                                                   Halaman - 131 - Page
1342   Transforming the Future, Empowering Indonesia
Page 742
                                       PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                          DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                      NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                           FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                           31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

14. EFEK-EFEK YANG DIBELI DENGAN JANJI                                 14. SECURITIES     PURCHASED                                 UNDER
    DIJUAL KEMBALI                                                         AGREEMENTS TO RESELL

    Efek-efek yang dibeli dengan janji dijual kembali                          Securities purchased under agreements to resell
    pada tanggal 31 Desember 2024 dan 2023 terdiri                             as of 31 December 2024 and 2023 are as follows:
    dari:


                                                                     2024
                                                                                                                    Pendapatan
                                                                                                        Nilai       Bunga yang
                                     Jenis        Nilai                                               Penjualan        Belum          Nilai
                                   Sekuritas/   Nominal/                        Tanggal Jatuh         Kembali/      Direalisasi/    Tercatat/
                                    Type of     Nominal     Tanggal Dimulai/       Tempo/               Resale      Unrealised      Carrying
          Counterparty             Securities   Amount         Start Date       Maturity Date          Amount         Interest       Value


    Pihak ketiga/Third parties

    Bank BNP Paribas Indonesia         OBN       250,000      23/12/2024         06/01/2025               249,769             223     249,546
    Bank Capital Indonesia             OBN       200,000      09/12/2024         06/01/2025               196,780             178     196,602
    Bank Capital Indonesia             OBN       200,000      10/12/2024         07/01/2025               196,816             214     196,602
    Bank Central Asia Tbk              OBN       500,000      19/12/2024         02/01/2025               498,201              89     498,112
    Bank China Construction Bank Ind   OBN       150,000      09/12/2024         06/01/2025               142,898             129     142,769
    Bank China Construction Bank Ind   OBN       150,000      09/12/2024         06/01/2025               142,706             129     142,577
    Bank China Construction Bank Ind   OBN       200,000      10/12/2024         07/01/2025               190,049             207     189,842
    Bank China Construction Bank Ind   OBN        80,000      17/12/2024         14/01/2025                79,936             188      79,748
    Bank CIMB Niaga Tbk                OBN       500,000      05/12/2024         02/01/2025               470,041              85     469,956
    Bank CIMB Niaga Tbk                OBN       350,000      23/12/2024         20/01/2025               340,279           1,171     339,108
    Bank DBS Indonesia                 OBN       100,000      03/12/2024         03/01/2025                97,980              36      97,944
    Bank DBS Indonesia                 OBN       500,000      04/12/2024         02/01/2025               483,785              88     483,697
    Bank DBS Indonesia                 OBN       250,000      12/12/2024         09/01/2025               241,189             349     240,840
    Bank DBS Indonesia                 OBN        50,000      18/10/2024         16/01/2025                49,088             136      48,952
    Bank DBS Indonesia                 OBN        50,000      18/10/2024         16/01/2025                49,088             136      48,952
    Bank DBS Indonesia                 OBN       200,000      25/11/2024         30/01/2025               193,365           1,040     192,325
    Bank Indonesia, Jakarta            OBN        50,000      23/10/2024         22/01/2025                49,148             187      48,961
    Bank Indonesia, Jakarta            OBN        50,000      23/10/2024         22/01/2025                49,150             191      48,959
    Bank Indonesia, Jakarta            OBN        50,000      28/11/2024         26/02/2025                48,305             499      47,806
    Bank Indonesia, Jakarta            OBN        50,000      28/11/2024         26/02/2025                48,301             496      47,805
    Bank Maybank Indonesia Tbk         OBN       100,000      12/12/2024         09/01/2025                92,448             134      92,314
    Bank Maybank Indonesia Tbk         OBN        50,000      12/12/2024         09/01/2025                46,224              67      46,157
    Bank Maybank Indonesia Tbk         OBN        50,000      12/12/2024         09/01/2025                47,494              69      47,425
    Bank National Nobu Tbk             OBN       150,000      23/12/2024         06/01/2025               145,511             130     145,381
    Bank National Nobu Tbk             OBN       100,000      23/12/2024         06/01/2025                97,124              87      97,037
    Bank Sinar Mas Tbk                 OBN       250,000      09/12/2024         06/01/2025               232,079             210     231,869
    Bank Victoria International Tbk    OBN       100,000      20/12/2024         20/01/2025                98,429             343      98,086
    BPD Jawa Barat Dan Banten Tbk      OBN       150,000      23/12/2024         06/01/2025               137,829             123     137,706
    BPD Jawa Barat Dan Banten Tbk      OBN       250,000      30/12/2024         13/01/2025               242,049             519     241,530
    BPD Jawa Barat Dan Banten Tbk      OBN       250,000      30/12/2024         13/01/2025               242,332             520     241,812
    BPD Jawa Timur                     OBN       250,000      30/12/2024         13/01/2025               230,464             494     229,970
    BPD Jawa Timur                     OBN       250,000      30/12/2024         13/01/2025               230,464             494     229,970
    Deutsche Bank, Jakarta             OBN         5,000      11/12/2024         08/01/2025                 5,078               7       5,071
    Deutsche Bank, Jakarta             OBN         5,000      18/12/2024         02/01/2025                 4,911               -       4,911
    Deutsche Bank, Jakarta             OBN         5,000      23/12/2024         06/01/2025                 4,912               4       4,908
    Pan Indonesia Bank Tbk             OBN       500,000      17/12/2024         14/01/2025               473,091           1,113     471,978
    Standard Chartered Bank, Jkt       OBN         5,000      27/12/2024         10/01/2025                 4,852               7       4,845
    Bank Indonesia                     OBN       200,000      30/12/2024         06/01/2025               196,305             163     196,142
    Bank Indonesia                     OBN       500,000      31/12/2024         07/01/2025               495,016             495     494,521
    HSBC Ltd                           OBN       321,900      18/12/2024         17/01/2025               326,706             641     326,065
    HSBC Ltd                           OBN       321,900      18/12/2024         17/01/2025               326,706             642     326,064
    HSBC Ltd                           OBN       321,900      23/12/2024         23/01/2025               325,561             642     324,919
    HSBC Ltd                           OBN       160,950      23/12/2024         23/01/2025               162,781             642     162,139

                                                8,226,650                                               7,985,240         13,317    7,971,923




                                                     Halaman - 132 - Page                                         2024 Annual Report
                                                                                                PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                            1343
Page 743
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                         NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                              FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                              31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)

  14. EFEK-EFEK YANG DIBELI DENGAN JANJI                                      14. SECURITIES     PURCHASED         UNDER
      DIJUAL KEMBALI (lanjutan)                                                   AGREEMENTS TO RESELL (continued)
       Efek-efek yang dibeli dengan janji dijual kembali                              Securities purchased under agreements to resell
       pada tanggal 31 Desember 2024 dan 2023 terdiri                                 as of 31 December 2024 and 2023 are as follows:
       dari: (lanjutan)                                                               (continued)
                                                                            2023
                                                                                                                       Pendapatan
                                                                                                           Nilai       Bunga yang
                                      Jenis          Nilai                                               Penjualan        Belum           Nilai
                                    Sekuritas/     Nominal/                             Tanggal Jatuh    Kembali/      Direalisasi/     Tercatat/
                                     Type of       Nominal         Tanggal Dimulai/        Tempo/          Resale      Unrealised       Carrying
             Counterparty           Securities     Amount             Start Date        Maturity Date     Amount         Interest        Value


       Pihak ketiga/Third parties
       Bank Indonesia                   OBN            3,000,000     29/12/2023          05/01/2024        2,850,197          2,847     2,847,350
       Bank Indonesia                   OBN            2,000,000     29/12/2023          05/01/2024        1,905,534          1,904     1,903,630
       Bank Indonesia                   OBN            1,662,000     29/12/2023          05/01/2024        1,583,499          1,582     1,581,917
       Bank Indonesia                   OBN            1,338,000     29/12/2023          05/01/2024        1,271,188          1,270     1,269,918
       Bank Indonesia                   OBN            1,000,000     29/12/2023          05/01/2024          959,212          1,118       958,094
       Bank Indonesia                   OBN              800,000     28/12/2023          04/01/2024          771,114            898       770,216
       Bank Indonesia                   OBN              800,000     27/12/2023          03/01/2024          766,999            894       766,105
       Bank Indonesia                   OBN              700,000     03/03/2023          01/03/2024          691,222          7,449       683,773
       Bank Indonesia                   OBN              500,000     17/02/2023          16/02/2024          498,290          4,169       494,121
       Bank Indonesia                   OBN              300,000     28/12/2023          04/01/2024          288,369            239       288,130
       Bank Indonesia                   OBN              300,000     27/12/2023          03/01/2024          287,625            192       287,433
       Bank Indonesia                   OBN              250,000     24/02/2023          23/02/2024          249,505         15,830       233,675
       PT Bank CIMB Niaga Tbk           OBN              200,000     12/10/2023          11/01/2024          197,501            418       197,083
       HSBC Ltd                         OBN              148,372     26/12/2023          25/01/2024          149,034             88       148,946
       DBS Bank Ltd                     OBN              147,965     22/12/2023          05/01/2024          148,272            529       147,743
       PT Bank CIMB Niaga Tbk           OBN              100,000     12/10/2023          11/01/2024           98,751            209        98,542
       Bank Indonesia                   OBN              100,000     23/06/2023          21/06/2024          102,715          6,243        96,472
       Bank Indonesia                   OBN              100,000     18/08/2023          16/08/2024          102,305          6,227        96,078
       Bank Indonesia                   OBN              100,000     21/07/2023          19/07/2024          101,746          6,193        95,553
       Bank Indonesia                   OBN              100,000     17/02/2023          16/02/2024           99,370          6,305        93,065
       Bank Indonesia                   OBN               50,000     18/08/2023          17/05/2024           50,559          2,340        48,219
       Bank Indonesia                   OBN               50,000     04/08/2023          03/05/2024           50,428          2,334        48,094
       Bank Indonesia                   OBN               50,000     04/08/2023          02/08/2024           50,848          3,095        47,753
       Bank Indonesia                   OBN               50,000     10/02/2023          09/02/2024           50,946          3,232        47,714
       Bank Indonesia                   OBN               50,000     18/08/2023          16/02/2024           49,157          1,518        47,639
       Bank Indonesia                   OBN               50,000     07/07/2023          05/07/2024           50,565          3,073        47,492
       Bank Indonesia                   OBN               50,000     09/06/2023          07/06/2024           49,837          2,984        46,853
       Bank Indonesia                   OBN               50,000     04/08/2023          02/02/2024           48,343          1,499        46,844
       Bank Indonesia                   OBN               50,000     28/04/2023          26/01/2024           49,129          2,308        46,821
       Bank Indonesia                   OBN               50,000     09/06/2023          08/03/2024           48,971          2,233        46,738
       Bank Indonesia                   OBN               50,000     14/07/2023          12/04/2024           48,842          2,260        46,582
       Bank Indonesia                   OBN               50,000     31/03/2023          01/04/2024           49,597          3,077        46,520
       Bank Indonesia                   OBN               50,000     21/07/2023          19/01/2024           47,858          1,487        46,371
       Bank Indonesia                   OBN               50,000     21/07/2023          19/04/2024           48,622          2,251        46,371
       Bank Indonesia                   OBN               50,000     14/07/2023          12/07/2024           49,304          2,997        46,307
       Bank Indonesia                   OBN               30,000     25/10/2023          24/01/2024           29,143            464        28,679
       Bank Indonesia                   OBN               30,000     19/05/2023          17/05/2024           29,839          1,840        27,999
       Bank Indonesia                   OBN               30,000     14/04/2023          12/04/2024           29,825          1,831        27,994
       Bank Indonesia                   OBN               30,000     14/04/2023          12/01/2024           29,340          1,379        27,961
       Bank Indonesia                   OBN               30,000     05/05/2023          03/05/2024           29,749          1,835        27,914
       Bank Indonesia                   OBN               30,000     28/04/2023          26/04/2024           29,693          1,828        27,865
       Bank Indonesia                   OBN               20,000     12/05/2023          10/05/2024           20,003          1,233        18,770

                                                   14,596,337                                             14,063,046        111,702 13,951,344


       Kolektabilitas efek-efek dengan janji dijual kembali                           Collectibility   securities    purchased under
       sesuai dengan peraturan OJK diungkapkan pada                                   agreements to resell in accordance with OJK
       Catatan 59i.                                                                   regulation are disclosed in Note 59i.

       Tingkat suku bunga tetap tahunan:                                              Annual fixed interest rates:
                                                                                   Dolar
                                                                             Amerika Serikat/
                                                          Rupiah            United States Dollar
                                                            %                        %
       Suku bunga kontrak:                                                                                                Contractual interest rate:
       2024                                                  6.45 - 6.80                4.37 - 4.57                                           2024
       2023                                                  6.00 - 6.70                5.33 - 5.35                                           2023




                                                            Halaman - 133 - Page
1344   Transforming the Future, Empowering Indonesia
Page 744
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

15. BEBAN DIBAYAR DI MUKA                                         15. PREPAID EXPENSES

    Beban dibayar di muka terdiri dari:                               Prepaid expenses consist of:

                                                     2024              2023

    Asuransi                                          1,559,420            1,806,064                                    Insurance
    Perbaikan dan pemeliharaan                          336,954              316,947                     Service and maintenance
    Sewa dibayar di muka                                276,194              330,586                                 Prepaid rent
    Promosi                                             128,661               64,462                                   Promotion
    Biaya tangguhan                                      12,590               55,510                           Deferred expenses
    Lainnya                                             627,290              169,761                                       Others
                                                      2,941,109            2,743,330



16. INVESTASI PADA ENTITAS ASOSIASI                               16. INVESTMENTS IN ASSOCIATE

    Otoritas Jasa Keuangan (OJK) Pasar Modal telah                    The Financial Service Authority (OJK) Capital
    menyetujui pernyataan penggabungan usaha                          Market has approved the statement of merger of
    PT BRI Syariah Tbk, PT Bank BNI Syariah dan                       businesses of PT BRI Syariah Tbk, PT Bank BNI
    PT Bank Syariah Mandiri melalui surat No. S-                      Syariah and PT Bank Syariah Mandiri through
    289/D.04/2020 tertanggal 11 Desember 2020 serta                   letter No. S-289/D.04/2020 dated 11 December
    melalui surat OJK Perbankan No. 4/KDK.03/2021                     2020 and OJK Perbankan through letter No.
    tanggal 27 Januari 2021. Penggabungan usaha                       4/KDK.03/2021 dated 27 January 2021. The
    tersebut berlaku efektif di tanggal 1 Februari 2021               merger of businesses is effective on 1 February
    dan     hasil    penggabungan        usaha     akan               2021 and the merger of businesses result will use
    menggunakan nama PT Bank Syariah Indonesia                        name of PT Bank Syariah Indonesia Tbk.
    Tbk.

    Pada tanggal 19 Desember 2022, PT Bank Syariah                    On 19 December 2022, PT Bank Syariah Indonesia
    Indonesia Tbk (“BSI”) melakukan Penawaran                         Tbk (“BSI”) undertook a Limited Public Offering
    Umum Terbatas dalam rangka penerbitan Hak                         through the issuance of pre-emptive rights of
    Memesan Efek Terlebih Dahulu (HMETD)                              4,999,952,795 shares. Group was entitled to buy
    sebanyak 4.999.952.795 saham. Grup berhak                         new 1,242,439,344 shares for Rp1,000 (full
    membeli saham baru sebanyak 1.242.439.344                         amount) per share. Group increased its capital
    saham dengan harga Rp1.000 (nilai penuh) per                      through the pre-emptive rights to BSI by
    lembar saham. Grup menggunakan sebagian                           500,000,000 shares with total price of Rp500,000.
    HMETD dan meningkatkan penyertaan modal                           Remaining pre-emptive rights of the Group was
    sahamnya terhadap BSI sebanyak 500.000.000                        transferred to PT CIMB Sekuritas whereas Group
    saham dengan harga Rp500.000. Sisa HMETD                          gain cash amounted to Rp74,244. Increased
    Grup dialihkan ke PT CIMB Sekuritas dimana Grup                   capital to BSI lead to Group percentage of
    mendapatkan kas sebesar Rp74.244. Peningkatan                     ownership diluted to 23.24% and Group recorded
    dalam     penyertaan   modal     terhadap   BSI                   gain from diluted shares of Rp46,794.
    menyebabkan persentase kepemilikan terhadap
    BSI terdilusi menjadi 23,24% dan Grup
    membukukan keuntungan dari saham terdilusi
    senilai Rp46.794.




                                                    Halaman - 134 - Page                                 2024 Annual Report
                                                                                       PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                1345
Page 745
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                     (Expressed in millions of Rupiah, unless otherwise stated)

  16. INVESTASI PADA ENTITAS ASOSIASI (lanjutan)                             16. INVESTMENT IN ASSOCIATES (continued)

       Pada tanggal 31 Desember 2024 dan 2023, entitas                            As of 31 December 2024 and 2023, the associate
       asosiasi yang dimiliki oleh Grup adalah sebagai                            of the Group was as follow:
       berikut:
                                                                    2024

                                                                          Persentase
                                                                         Kepemilikan/
                                                 Kegiatan Usaha/         Percentage of     Nilai tercatat/
       Nama Perusahaan                          Business Activity         Ownership       Carrying Value                 Company Name

       PT Bank Syariah Indonesia Tbk            Perbankan/Banking            23.24%             12,748,127              PT Bank Syariah Indonesia Tbk

                                                                    2023

                                                                          Persentase
                                                                         Kepemilikan/
                                                 Kegiatan Usaha/         Percentage of     Nilai tercatat/
       Nama Perusahaan                          Business Activity         Ownership       Carrying Value                 Company Name


       PT Bank Syariah Indonesia Tbk            Perbankan/Banking            23.24%             11,283,466              PT Bank Syariah Indonesia Tbk


       Berikut ini adalah ringkasan informasi keuangan                            The following table is the summarised financial
       PT Bank Syariah Indonesia Tbk yang digunakan                               information for PT Bank Syariah Indonesia Tbk
       untuk pencatatan metode ekuitas pada tanggal                               used for equity method accounting as of
       31 Desember 2024 dan 2023, dan untuk tahun                                 31 December 2024 and 2023, and for the years
       yang berakhir pada tanggal-tanggal tersebut, yang                          then ended, which are accounted for using the
       dicatat dengan menggunakan metode ekuitas.                                 equity method.

                                                          2024                        2023

       Aset                                               408,613,432                 353,624,125                                            Assets
       Liabilitas                                         363,571,858                 314,885,003                                         Liabilities
       Aset bersih                                         45,041,574                  38,739,122                                        Net assets


                                                          2024                        2023

       Pendapatan                                          30,854,683                  22,251,743                                         Revenue

       Laba bersih periode berjalan                          7,005,888                   5,703,743                Net income for the period ended
       Penghasilan komprehensif lain                                                                                Other comprehensive income
         setelah pajak                                         152,124                       34,189                                after tax
       Jumlah penghasilan komprehensif                                                                               Total comprehensive income
         tahun berjalan                                      7,158,012                   5,737,932                               for the year


       Jumlah     bagian    Grup      atas penghasilan                            Total Group’s share of comprehensive income and
       komprehensif dan jumlah tercatat pada entitas                              carrying value of associates are as follows:
       asosiasi adalah sebagai berikut:

                                                          2024                        2023

       Saldo awal                                          11,283,466                  10,048,975                              Beginning balance

       Bagian atas laba bersih                               1,628,136                   1,325,550                            Share of net income
       Bagian atas laba komprehensif lain                       35,354                       7,946             Share of other comprehensive gain
       Jumlah bagian atas penghasilan
         komprehensif                                        1,663,490                   1,333,496           Total share of comprehensive income

       Dividen yang diterima                                  (198,829)                      (99,005)                           Dividend received
       Jumlah tercatat                                     12,748,127                  11,283,466                                   Carrying value




                                                          Halaman - 135 - Page
1346   Transforming the Future, Empowering Indonesia
Page 746
                                      PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                         DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                        31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)               (Expressed in millions of Rupiah, unless otherwise stated)

16. INVESTASI PADA ENTITAS ASOSIASI (lanjutan)                       16. INVESTMENT IN ASSOCIATES (continued)

    Rekonsiliasi atas ringkasan informasi keuangan                        Reconciliation of the summarised financial
    yang disajikan terhadap nilai buku dari kepentingan                   information presented to the carrying amount of its
    entitas asosiasi adalah sebagai berikut:                              interest in associate is as follows:

                                                    2024                      2023

    Saldo awal tahun                                 38,739,122                33,505,610                 Beginning balance of the year
    Laba bersih periode berjalan                      7,005,888                 5,703,743                       Net income for the year
    Penghasilan komprehensif lain                                                                         Other comprehensive income
      setelah pajak                                     152,124                    34,189                                   after tax
    Pembayaran dividen                                 (855,560)                 (426,019)                            Dividend payment
    Lain-lain                                                 -                   (78,401)                                        Others
                                                     45,041,574                38,739,122
    Persentase kepemilikan efektif                       23.24%                   23.24%              Percentage of effective ownership
                                                     10,485,856                 9,021,195
    Goodwill                                          2,262,271                 2,262,271                                       Goodwill
    Nilai tercatat                                   12,748,127                11,283,466                                 Carrying value


    Pada tanggal 31 Desember 2024, nilai wajar                            As at 31 December 2024, the fair value of the
    kepemilikan saham Grup pada PT Bank Syariah                           Group’s interest in PT Bank Syariah Indonesia,
    Indonesia Tbk, perusahaan yang terdaftar pada                         which is listed on the IDX, was Rp29,266,229 (31
    BEI, adalah Rp29.266.229 (31 Desember 2023:                           December 2023: Rp18,653,201) using the closing
    Rp18.653.201) menggunakan harga penutupan                             price on 30 December 2024.
    tanggal 30 Desember 2024.


17. PENYERTAAN SAHAM - BERSIH                                        17. EQUITY INVESTMENTS - NET

    Penyertaan jangka panjang                                             Long-term equity investments

                                                               Nilai Wajar/
                                                               Fair Value
                                                    2024                      2023
    Klasifikasi nilai wajar melalui                                                                      Classified as fair value through
      penghasilan komprehensif lain                        637,280               563,700                other comprehensive income



    Penyertaan       jangka    panjang  berdasarkan                       The classification of long-term equity investments
    kolektibilitas sesuai Peraturan OJK diungkapkan                       based on Financial Service Authority Rule
    pada Catatan 59j.                                                     collectibility are disclosed in Note 59j.

    Grup mengklasifikasikan investasi berikut pada                        The Group designated certain investment as at fair
    nilai wajar melalui penghasilan komprehensif lain.                    value through comprehensive income (FVOCI).
    Klasifikasi pada nilai wajar melalui penghasilan                      The FVOCI designation was made because the
    komprehensif lain dibuat dengan pertimbangan                          investments are expected to be held for the long-
    investasi akan dimiliki dalam jangka panjang untuk                    term strategic purposes.
    kepentingan strategis.




                                                    Halaman - 136 - Page                                       2024 Annual Report
                                                                                             PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                      1347
Page 747
                                              PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                 DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                     (Expressed in millions of Rupiah, unless otherwise stated)

  17. PENYERTAAN SAHAM - BERSIH (lanjutan)                                    17. EQUITY INVESTMENTS - NET (continued)

       Penyertaan saham terdiri dari:                                             Equity investment consist of:

                                                      2024         2023                       2024                                 2023
                                                   Persentase   Persentase        Biaya                                Biaya
                                                  Kepemilikan/ Kepemilikan/     perolehan/                           perolehan/
                                                   Percentage   Percentage      Acquisition          Nilai wajar/    Acquisition          Nilai wajar/
       Nama Perusahaan/Company Name               of Ownership of Ownership        cost              Fair value         cost              Fair value

       Nilai wajar melalui penghasilan
          komprehensif lain/fair value through
          other comprehensive income
       PT Fintek Karya Nusantara                        9.82%         9.82%           200,000             369,614          200,000             377,547
       PT Bank Mizuho Indonesia                         1.00%         1.00%            75,375              75,375           75,375              75,375
       PT Bank BTPN Tbk                                 0.11%         0.15%            19,250              26,896           19,250              31,579
       PT Penyelesaian Transaksi Elektronik
          Nasional (PTEN)                              17.50%        17.50%             3,500               71,019           3,500               23,288
       PT Kustodian Sentral Efek Indonesia              2.50%         2.50%             7,500                7,500           7,500                7,500
       PT Pemeringkat Efek Indonesia                    0.14%         0.14%               158                  158             158                  158
       PT Bursa Efek Indonesia                          1.20%         1.20%             7,500                7,500           7,500                7,500
       PT Kliring Penjaminan Efek Indonesia             1.11%         1.11%            20,000               20,000               -                    -
       Lain-lain/Others                                 0.03%         0.03%            14,434               14,434           9,236                9,236
                                                                                      347,717             592,496          322,519             532,183
       Nilai wajar melalui laba rugi/
          fair value through profit or loss
       Lain-lain/Others                           1.35%-20.00%        2.50%            40,392               44,784          31,517               31,517
                                                                                      388,109             637,280          354,036             563,700



  18. ASET LAIN-LAIN - BERSIH                                                 18. OTHER ASSETS - NET

       Aset lain-lain - bersih terdiri dari:                                      Other assets - net consist of:
                                                             2024                    2023
       Piutang bunga                                              4,764,476             4,331,026                            Interest receivables
       Piutang lain-lain setelah
         dikurangi cadangan kerugian                                                                                     Other receivables, net of
         penurunan nilai sebesar Rp1.031.857                                                                allowance for impairment losses of
         pada tanggal 31 Desember 2024                                                                         Rp1,031,857 as of 31 December
         dan Rp656.600 pada tanggal                                                                                 2024 and Rp 656,600 as of
         31 Desember 2023                                         2,515,071             2,679,406                           31 December 2023
       Piutang terkait transaksi ATM dan                                                                           Receivables from transactions
         kartu kredit                                             1,579,054             3,662,144               related to ATM and credit card
       Agunan yang diambil alih setelah
         dikurangi cadangan kerugian                                                                              Foreclosed collaterals, net of
         penurunan nilai sebesar Rp772.964                                                                 allowance for impairment losses of
         pada tanggal 31 Desember 2024                                                                    Rp772,964 as of 31 December 2024
         dan Rp788.713 pada tanggal                                                                                      and Rp788,713 as of
         31 Desember 2023                                           914,825               897,057                          31 December 2023
       Term Deposit Valas Devisa Hasil                                                                         Foreign Exchange Term Deposit
         Ekspor                                                     909,368             2,540,505                          from Export Activities
       Persediaan kantor                                            446,588               228,388                                Office supplies
                                                                                                                 Receivables from customers -
       Piutang nasabah - Entitas Anak                               307,236               371,927                                  Subsidiary
       Beban komisi ditangguhkan                                     51,111                53,845               Deferred commission expenses
       Lain-lain setelah dikurangi cadangan                                                                         Others, net of allowance for
         kerugian penurunan nilai sebesar                                                                               impairment losses of
         Rp27.758 pada tanggal                                                                                                Rp27,758 as of
         31 Desember 2024 dan                                                                                              31 December 2024
         Rp27.408 pada tanggal                                                                                            and Rp27,408 as of
         31 Desember 2023                                         2,619,338             2,207,899                          31 December 2023
                                                                 14,107,067           16,972,197




                                                           Halaman - 137 - Page
1348   Transforming the Future, Empowering Indonesia
Page 748
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

18. ASET LAIN-LAIN - BERSIH (lanjutan)                           18. OTHER ASSETS - NET (continued)

    Pada tanggal 31 Desember 2024, piutang bunga                     As of 31 December 2024, interest receivables are
    sebagian besar merupakan bunga yang berasal                      mostly comprised of interest from loans and
    dari pinjaman yang diberikan dan Obligasi                        Government Bonds amounting to Rp2,258,031 and
    Pemerintah masing-masing sebesar Rp2.258.031                     Rp1,884,514, respectively (31 December 2023:
    dan    Rp1.884.514   (31    Desember    2023:                    Rp1,885,321 and Rp1,798,596).
    Rp1.885.321 dan Rp1.798.596).

    Piutang lain-lain sebagian besar merupakan imbal                 Other receivables mostly comprised of guarantee
    jasa penjaminan, piutang kepada pemerintah dan                   fee, governments receivables and receivables
    piutang transaksi penjaminan emisi efek.                         from underwriting activities.

    BNI telah melakukan upaya penyelesaian atas                      BNI has made efforts to settle foreclosed
    agunan yang diambil alih dengan melakukan upaya                  collaterals by making an attempt to sell in the form
    penjualan     dalam     bentuk    lelang     atau                of an auction or take over of collateral by investors
    pengambilalihan agunan oleh investor atas agunan                 on foreclosed collaterals.
    yang diambil alih.

    Properti terbengkalai termasuk di dalam pos “Lain-               Abandoned properties are included in “Others”
    lain” sebesar Rp2.279 setelah dikurangi cadangan                 amounting to Rp2,279, net of allowance for
    kerugian penurunan nilai sebesar Rp27.715 dan                    impairment losses of Rp27,715, and accumulated
    akumulasi penyusutan properti terbengkalai                       depreciation of Rp1,995, as of 31 December 2024
    sebesar Rp1.995 pada tanggal 31 Desember 2024                    and amounting to Rp2,734, net of allowance for
    dan sebesar Rp2.734 setelah dikurangi cadangan                   impairment losses of Rp27,260, and accumulated
    kerugian penurunan nilai sebesar Rp27.260 dan                    depreciation of Rp1,995, as of 31 December 2023.
    akumulasi penyusutan properti terbengkalai
    sebesar Rp1.995 pada tanggal 31 Desember 2023.

    BNI telah melakukan upaya penyelesaian atas                      BNI has made efforts to resolve abandoned
    properti terbengkalai dalam bentuk pemanfaatan                   properties by utilising them for the Bank's
    untuk kegiatan operasional Bank (kantor, outlet,                 operational activities (offices, outlets, gallery,
    galeri, rumah dinas dan gudang kearsipan).                       official houses and warehouse).

    Term Deposit Valas Devisa Hasil Ekspor                           Term Deposits of Foreign Exchange from Export
    merupakan suatu instrumen dimana dana devisa                     Proceeds is an instrument where foreign exchange
    hasil ekspor dari rekening khusus eksportir                      from export proceeds from exporters’ special
    ditempatkan pada Bank Indonesia melalui rekening                 account are placed in Bank Indonesia through
    Bank sesuai mekanisme pasar.                                     Bank’s accounts in accordance with market
                                                                     mechanisms.

    Manajemen      berpendapat      bahwa   cadangan                 Management believes that the allowance for
    kerugian penurunan nilai yang dibentuk atas aset-                impairment losses on the respective assets
    aset yang disebutkan di atas telah memadai.                      outlined above is adequate.




                                                    Halaman - 138 - Page                             2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1349
Page 749
                                              PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                 DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                       NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                            FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                            31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                   (Expressed in millions of Rupiah, unless otherwise stated)

  19. ASET TETAP DAN ASET HAK-GUNA                                                       19. FIXED ASSETS                      AND        RIGHT-OF-USE                   OF
                                                                                             ASSETS
                                                                                      2024
                                    Saldo awal/
                                    Beginning       Penambahan/     Pengurangan/        Reklasifikasi/     Revaluasi/           Saldo akhir/
                                     balance          Additions       Disposals        Reclassification    Revaluation         Ending balance

       Aset kepemilikan langsung:                                                                                                                  Direct ownership assets:
       Tanah                          16,364,369          51,946          (32,965)                    -           785,488           17,168,838                         Land
       Bangunan                        9,245,305         726,526         (676,277)               80,497           593,454            9,969,505                     Buildings
       Perlengkapan kantor dan                                                                                                                        Office equipment and
          kendaraan bermotor          15,186,865        1,043,181        (403,650)              473,472                    -        16,299,868            motor vehicles
       Aset dalam                                                                                                                                               Construction
          penyelesaian                  1,239,297       1,832,400        (250,389)             (553,969)                   -         2,267,339                in progress

                                      42,035,836        3,654,053       (1,363,281)                   -         1,378,942           45,705,550
       Aset sewa pembiayaan:                                                                                                                                 Leased assets:
       Aset hak-guna                    2,652,014       1,168,843        (710,464)                    -                    -         3,110,393        Right-of-use of assets

                                      44,687,850        4,822,896       (2,073,745)                   -         1,378,942           48,815,943
       Akumulasi                                                                                                                                               Accumulated
          Penyusutan:                                                                                                                                        depreciation:
       Bangunan                         3,365,881        579,741           (78,951)                   -             9,891            3,876,562                     Buildings
       Perlengkapan kantor dan                                                                                                                         Office equipment and
          kendaraan bermotor          12,317,256        1,092,531        (235,074)                    -                    -        13,174,713             motor vehicles

                                      15,683,137        1,672,272        (314,025)                    -             9,891           17,051,275
       Aset sewa pembiayaan:                                                                                                                                 Leased assets:
       Aset hak-guna                    1,239,857        734,629         (618,054)                    -                    -         1,356,432        Right-of-use of assets

                                      16,922,994        2,406,901        (932,079)                    -             9,891           18,407,707
       Nilai buku bersih              27,764,856                                                                                    30,408,236              Net book value


                                                                                      2023
                                    Saldo awal/
                                    Beginning       Penambahan/     Pengurangan/        Reklasifikasi/      Revaluasi/          Saldo akhir/
                                     balance          Additions       Disposals        Reclassification    Revaluation*)       Ending balance

       Aset kepemilikan langsung:                                                                                                                  Direct ownership assets:
       Tanah                          16,023,337         215,683            (3,282)             119,116             9,515           16,364,369                         Land
       Bangunan                        8,723,683         318,036           (11,688)             214,792               482            9,245,305                     Buildings
       Perlengkapan kantor dan                                                                                                                        Office equipment and
          kendaraan bermotor          13,958,270        1,104,159        (198,916)              323,352                    -        15,186,865            motor vehicles
       Aset dalam                                                                                                                                               Construction
          penyelesaian                   707,409        1,192,915           (3,767)            (657,260)                   -         1,239,297                in progress

                                      39,412,699        2,830,793        (217,653)                    -             9,997           42,035,836
       Aset sewa pembiayaan:                                                                                                                                 Leased assets:
       Aset hak-guna                    2,342,759        705,655         (396,400)                    -                    -         2,652,014        Right-of-use of assets

                                      41,755,458        3,536,448        (614,053)                    -             9,997           44,687,850
       Akumulasi                                                                                                                                               Accumulated
          penyusutan:                                                                                                                                        depreciation:
       Bangunan                         2,813,741        559,294            (7,154)                   -                    -         3,365,881                     Buildings
       Perlengkapan kantor dan                                                                                                                         Office equipment and
          kendaraan bermotor          11,345,144        1,159,922        (187,810)                    -                    -        12,317,256             motor vehicles

                                      14,158,885        1,719,216        (194,964)                    -                    -        15,683,137
       Aset sewa pembiayaan:                                                                                                                                 Leased assets:
       Aset hak-guna                    1,047,680        585,308         (393,131)                    -                    -         1,239,857        Right-of-use of assets

                                      15,206,565        2,304,524        (588,095)                    -                    -        16,922,994
       Nilai buku bersih              26,548,893                                                                                    27,764,856              Net book value


       *) Nilai revaluasi aset tetap merupakan hasil penilaian                                                       The revaluation value of fixed assets is the result of *)
          kembali aset tetap Entitas Anak.                                                                                   re-appraisal of the Subsidiary fixed assets


       Pada tanggal 31 Desember 2024 dan 2023, Grup                                             As of 31 December 2024 and 2023, the Group
       melakukan peninjauan kembali atas masa manfaat,                                          performed a review on useful life, depreciation
       metode penyusutan, dan nilai residu aset tetap dan                                       method, and residual value of fixed assets and
       menyimpulkan bahwa tidak terdapat perubahan                                              concluded that there was no change in those
       atas metode dan asumsi tersebut.                                                         methodology and assumptions.

       Beban penyusutan untuk tahun yang berakhir pada                                          Depreciation expense for the years ended
       tanggal 31 Desember 2024 dan 2023 masing-                                                31 December 2024 and 2023 amounted to
       masing sebesar Rp1.682.163 dan Rp1.719.216                                               Rp1,682,163 and Rp1,719,216 are recorded on
       dicatat pada beban umum dan administrasi pada                                            general and administrative expense in the
       laporan laba rugi.                                                                       statement of profit or loss.

       Aset tetap yang telah terdepresiasi penuh namun                                          The fixed assets that have been fully depreciated
       masih digunakan oleh Grup sebesar Rp10.439.599                                           but still in use by the Group amounted to
       dan Rp9.616.323 masing-masing pada tanggal                                               Rp10,439,599     and     Rp9,616,323     as     of
       31 Desember 2024 dan 2023, antara lain berupa                                            31 December 2024 and 2023, respectively,
       perlengkapan kantor dan kendaraan bermotor.                                              including, among others, office equipment and
                                                                                                motor vehicles.


                                                                    Halaman - 139 - Page
1350   Transforming the Future, Empowering Indonesia
Page 750
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                     FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                     31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                (Expressed in millions of Rupiah, unless otherwise stated)

19. ASET TETAP DAN ASET HAK-GUNA (lanjutan)                            19. FIXED ASSETS AND                RIGHT-OF-USE           OF
                                                                           ASSETS (continued)

    Manajemen berkeyakinan bahwa tidak terdapat                            Management believes that there is no impairment
    penurunan nilai aset tetap yang dimiliki Grup                          in the value of fixed assets owned by the Group
    selama tahun berjalan karena manajemen                                 during the year because management believes that
    berpendapat bahwa nilai tercatat aset tetap tidak                      the carrying amounts of fixed assets do not exceed
    melebihi estimasi nilai yang dapat diperoleh                           the estimated recoverable amount.
    kembali.

    Aset tetap Bank pada tanggal 31 Desember 2024                          As of 31 December 2024, the fixed assets of the
    diasuransikan terhadap risiko kebakaran dan                            Bank were insured against risk of fire and theft with
    pencurian dengan nilai pertanggungan sebesar                           sum insured amounting to Rp17,308,556 (31
    Rp17.308.556 (31 Desember 2023: Rp18.714.609).                         December 2023: Rp18,714,609). Management
    Manajemen       berpendapat       bahwa   nilai                        believes that the sum insured is adequate to cover
    pertanggungan tersebut cukup untuk menutupi                            possible losses on the assets insured.
    kemungkinan kerugian atas aset tersebut.

    Aset     dalam penyelesaian pada tanggal                               Construction in progress as of 31 December 2024
    31 Desember 2024 dan 2023 adalah sebagai                               and 2023 are as follows:
    berikut:

                                                      2024                     2023
    Tanah                                                        337                     -                                     Land
    Bangunan                                               1,336,241               450,350                                 Buildings
    Peralatan kantor                                         930,761               788,947                         Office equipment

                                                           2,267,339             1,239,297


    Estimasi persentase tingkat penyelesaian aset                          The estimated percentage of completion of
    dalam penyelesaian pada tanggal 31 Desember                            construction in progress as of 31 December 2024
    2024 adalah berkisar antara 21% - 84% dan                              is between 21% - 84% and 31 December 2023:
    31 Desember 2023: 89% - 97%. Aset dalam                                89% - 97%. Those construction in progress as of
    penyelesaian pada tanggal 31 Desember 2024 dan                         31 December 2024 and 2023 are estimated to be
    2023 tersebut diperkirakan akan selesai masing-                        completed in 2026 and 2024, respectively.
    masing pada tahun 2026 dan 2024.

    Tidak ada aset tetap yang dijaminkan.                                  There were no fixed assets pledged as collateral.

    Berdasarkan keputusan Ketua Badan Pengawas                             Based on Decision of Chairman of Bapepam and
    Pasar     Modal     Dan    Lembaga     Keuangan                        LK No. KEP-347/BL/2012 dated 25 June 2012,
    No. KEP-347/BL/2012 tanggal 25 Juni 2012                               about the presentation and disclosure in financial
    tentang Penyajian dan Pengungkapan Laporan                             report of issuer or a public company in point 27.e,
    Keuangan Emiten atau Perusahaan Publik butir                           by considering the book value of fixed assets (land
    27.e, dengan mempertimbangkan nilai buku aset                          and buildings) that on which revaluation has been
    tetap (tanah dan bangunan) yang telah dilakukan                        conducted in 2015, 2018 and 2021, therefore in
    revaluasi pada tahun 2015, 2018 dan 2021, maka                         2024, the Group assigned registered independent
    pada tahun 2024 Grup telah menugaskan                                  appraisers to appraise (revaluate) its fixed assets
    perusahaan     jasa    penilai terdaftar   untuk                       (land and buildings). The Group has revalued the
    melaksanakan penilaian (revaluasi) aset tetap                          value of that land and buildings not for tax purpose
    (tanah dan bangunan). Grup melakukan penilaian                         rather for the compliance of the aforementioned
    kembali atas tanah dan bangunan tersebut bukan                         Bapepam and LK regulation.
    untuk tujuan perpajakan tetapi hanya untuk
    pemenuhan ketentuan Bapepam dan LK tersebut.
    Penilaian atas tanah dan bangunan dilakukan oleh                       The valuations of land and buildings are performed
    penilai independen eksternal sebagai berikut:                          by the following external independent appraisers:
    a) KJPP Toha Okky Heru & Rekan                                         a) KJPP Toha Okky Heru & Rekan
    b) KJPP Rengganis Hamid & Rekan                                        b) KJPP Rengganis Hamid & Rekan
    c) KJPP Toto Suharto & Rekan                                           c) KJPP Toto Suharto & Rekan
    d) KJPP Abdullah Fitriantoro & Rekan                                   d) KJPP Abdullah Fitriantoro & Rekan




                                                    Halaman - 140 - Page                                   2024 Annual Report
                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                  1351
Page 751
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                          31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                  (Expressed in millions of Rupiah, unless otherwise stated)

  19. ASET TETAP DAN ASET HAK-GUNA (lanjutan)                             19. FIXED ASSETS AND                        RIGHT-OF-USE    OF
                                                                              ASSETS (continued)

       Penilaian dilakukan berdasarkan Standar Penilaian                       Valuations are performed based on Indonesian
       Indonesia, ditentukan berdasarkan transaksi pasar                       Valuation Standards, determined based on
       terkini dan dilakukan dengan ketentuan - ketentuan                      reference to recent market transactions done on
       yang lazim. Metode penilaian yang dipakai adalah                        arm’s length terms and appropriate requirements.
       metode data pasar, metode biaya dan metode                              The valuation methods used are market value
       pendapatan. Elemen-elemen yang digunakan                                approach, cost approach and income approach.
       dalam perbandingan data untuk menentukan nilai                          Elements used in data comparison to determine
       wajar aset antara lain:                                                 fair value of assets, among others are as follows:

       a)   Jenis dan hak yang melekat pada properti                           a)       Types and rights attached to the property
       b)   Kondisi pasar                                                      b)       Market condition
       c)   Lokasi                                                             c)       Location
       d)   Karakteristik fisik                                                d)       Physical characteristics
       e)   Karakteristik dalam menghasilkan pendapatan                        e)       Income producing characteristics
       f)   Karakteristik tanah                                                f)       Land characteristics

       Informasi mengenai penilaian kembali aset tetap                         Information on revaluation of land and buildings of
       pada tanggal 31 Desember 2024 untuk kelompok                            the Group on 31 December 2024 located in
       aset tanah dan bangunan Grup di Indonesia dan                           Indonesia and overseas are as follows:
       luar negeri adalah sebagai berikut:
                                    Nilai Buku sebelum           Nilai Buku Setelah
                                       Revaluasi/                   Revaluasi/                   Keuntungan           
                                     Carrying Amount            Carrying Amount after           Revaluasi bersih/
                                    Before Revaluation              Revaluation              Net gain revaluation

       Tanah                                  16,206,563                  16,992,051                       785,488                Land
       Bangunan                                5,081,867                   5,675,321                       593,454            Buildings

       Jumlah                                 21,288,430                  22,667,372                     1,378,942                Total


       Penilaian kembali yang dilakukan atas tanah                             The revaluation of land resulted in an increase in
       menghasilkan jumlah kenaikan nilai tercatat                             the carrying amount of land amounting to
       sebesar Rp785.488 yang terdiri dari kenaikan nilai                      Rp785,488 which consists of the increase in the
       tanah yang dicatat sebagai “Penghasilan                                 carrying amount of land recognised as “Other
       Komprehensif Lain” sebesar Rp785.730 dan                                Comprehensive Income” amounting to Rp785,730
       penurunan nilai tanah yang diakui sebagai beban                         and a decrease in carrying amount of land
       pada laba rugi tahun 2024 sebesar Rp242.                                recognised in 2024 expenses in the profit/loss
                                                                               amounting to Rp242.

       Kenaikan nilai tercatat yang timbul dari revaluasi                      Increase in carrying amount of buildings from the
       bangunan dicatat sebesar Rp593.454. Kenaikan ini                        revaluation of building is recorded at Rp593,454.
       terdiri dari kenaikan nilai bangunan yang dicatat                       The increase consists of the increase in the
       sebagai “Penghasilan Komprehensif Lain” sebesar                         carrying amount of buildings recognised in “Other
       Rp589.920 dan yang diakui sebagai pendapatan                            Comprehensive Income” amounting to Rp589,920
       pada laba rugi tahun 2024 sebesar Rp3.534.                              and recognised in 2024 income in the profit/loss
                                                                               amounting to Rp3,534.

       Secara total kenaikan nilai tercatat yang timbul dari                   In total, the increase in the carrying amount from
       revaluasi tanah dan bangunan dicatat sebagai                            revaluation of land and buildings is recognised in
       “Penghasilan Komprehensif Lain” adalah sebesar                          “Other Comprehensive Income” amounting to
       Rp1.375.650. Kenaikan nilai tercatat yang timbul                        Rp1,375,650. The increase of carrying amount
       dari revaluasi dicatat sebagai pendapatan pada                          from revaluation results recognised in 2024 income
       tahun 2024 adalah sebesar Rp3.292.                                      amounting to Rp3,292.




                                                         Halaman - 141 - Page
1352   Transforming the Future, Empowering Indonesia
Page 752
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                    FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)              (Expressed in millions of Rupiah, unless otherwise stated)

19. ASET TETAP DAN ASET HAK-GUNA (lanjutan)                          19. FIXED ASSETS AND                  RIGHT-OF-USE           OF
                                                                         ASSETS (continued)

    Jika tanah dan bangunan dicatat sebesar harga                        If land and buildings were recorded using historical
    perolehan, maka dicatat dalam jumlah sebagai                         cost basis, the amount would be as follows:
    berikut:

                                                     2024                 2023
    Tanah                                              1,772,751             1,773,261                                       Land
    Bangunan                                                                                                            Buildings
      Harga perolehan                                   2,984,245            2,972,139                                    Cost
      Akumulasi penyusutan                             (2,882,207)          (2,859,396)                Accumulated depreciation
    Nilai buku bangunan                                    102,038             112,743                             Net book amount
    Jumlah nilai buku bersih                           1,874,789             1,886,004                         Total net book value


    Perubahan cadangan revaluasi aset bersih setelah                     The movements in the asset revaluation reserve
    pajak adalah sebagai berikut:                                        net of tax are as follows:

                                                     Cadangan revaluasi aset,
                                                       bersih setelah pajak/
                                                        Asset revaluation
                                                        reserve, net of tax
    Saldo per 31 Desember 2023                                        15,447,829                 Balance as of 31 December 2023
    Realisasi surplus revaluasi akibat dampak                                                 Revaluation surplus realization due to
     kehilangan pengendalian                                           1,263,566                        impact of loss of control

    Saldo per 31 Desember 2024                                        16,711,395                  Balance as of 31 December 2024


                                                     Cadangan revaluasi aset,
                                                       bersih setelah pajak/
                                                        Asset revaluation
                                                        reserve, net of tax
    Saldo per 31 Desember 2022                                        15,441,439                 Balance as of 31 December 2022
    Realisasi surplus revaluasi akibat dampak                                                 Revaluation surplus realization due to
     kehilangan pengendalian                                               6,390                        impact of loss of control

    Saldo per 31 Desember 2023                                        15,447,829                  Balance as of 31 December 2023


    Pada tanggal 31 Desember 2024 dan 2023, selain                       As of 31 December 2024 and 2023, there is no
    tanah dan bangunan, tidak terdapat perbedaan                         significant difference between the fair value and
    yang signifikan antara nilai wajar aset tetap dengan                 carrying value of fixed assets other than land and
    nilai tercatatnya.                                                   buildings.




                                                    Halaman - 142 - Page                                   2024 Annual Report
                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                  1353
Page 753
                                         PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                            DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                 NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                      FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                      31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)

  19. ASET TETAP DAN ASET HAK-GUNA (lanjutan)                                   19. FIXED ASSETS AND                             RIGHT-OF-USE              OF
                                                                                    ASSETS (continued)

       Perhitungan keuntungan/(kerugian) penjualan dan                                  Calculation of gain/(loss) on sale and write-off of
       penghapusan aset tetap sebagai berikut:                                          fixed assets as follows:

                                                               2024                         2023

       Harga perolehan                                              157,689                         30,670                                Acquisition cost
       Akumulasi penyusutan                                        (142,176)                       (25,967)                      Accumulated depreciation
       Nilai buku aset tetap
           yang dijual dan dihapus                                    15,513                         4,703        Book value of disposed fixed assets
       Hasil penjualan dan
           penghapusan aset tetap                                     26,713                        13,119 Proceeds from disposal of fixed assets
       Keuntungan dari penjualan                                                                                                             Gain on sale
          dan penghapusan aset tetap                                  11,200                         8,416               and write-off of fixed assets


       Aset hak-guna pada 31 Desember 2024 dan 2023                                     Right-of-use of assets as of 31 December 2024
       adalah sebagai berikut:                                                          and 2023 as follows:
                                                                         2024

                                 Saldo awal/                                                                      Saldo akhir/
                                 Beginning       Penambahan/          Pengurangan/        Reklasifikasi/            Ending
                                  balance         Additions             Disposals        Reclassification           balance

       Biaya perolehan                                                                                                                                      Cost
       Tanah dan bangunan            2,585,309          703,770             (609,772)                       -          2,679,307             Land and buildings
       Perlengkapan kantor dan                                                                                                                 Office equipment
            kendaraan bermotor          66,705          465,073             (100,692)                       -            431,086         and motor vehicles

                                     2,652,014         1,168,843            (710,464)                       -          3,110,393


       Akumulasi penyusutan                                                                                                            Accumulated depreciation
       Tanah dan bangunan            1,188,905          650,647             (557,343)                       -          1,282,209             Land and buildings
       Perlengkapan kantor dan                                                                                                                 Office equipment
            kendaraan bermotor          50,952           83,982              (60,711)                       -             74,223         and motor vehicles

                                     1,239,857          734,629             (618,054)                       -          1,356,432

       Nilai buku bersih             1,412,157                                                                         1,753,961                Net book value



                                                                         2023

                                 Saldo awal/                                                                      Saldo akhir/
                                 Beginning       Penambahan/          Pengurangan/        Reklasifikasi/            Ending
                                  balance         Additions             Disposals        Reclassification           balance

       Biaya perolehan                                                                                                                                      Cost
       Tanah dan bangunan            2,268,006          691,141             (373,838)                       -          2,585,309             Land and buildings
       Perlengkapan kantor dan                                                                                                                 Office equipment
            kendaraan bermotor          74,753           14,514              (22,562)                       -             66,705         and motor vehicles

                                     2,342,759          705,655             (396,400)                       -          2,652,014


       Akumulasi penyusutan                                                                                                            Accumulated depreciation
       Tanah dan bangunan            1,011,761          551,497             (374,353)                       -          1,188,905             Land and buildings
       Perlengkapan kantor dan                                                                                                                 Office equipment
            kendaraan bermotor          35,919           33,811              (18,778)                       -             50,952         and motor vehicles

                                     1,047,680          585,308             (393,131)                       -          1,239,857

       Nilai buku bersih             1,295,079                                                                         1,412,157                Net book value



       Grup menyewa beberapa aset termasuk rumah                                        The Group has rented a number of assets which
       dinas, gedung kantor, ruang ATM, kendaraan dan                                   include official houses, offices, ATM space, vehicle
       lain-lain. Rata-rata masa sewa adalah 5 (lima)                                   and others. The average of lease term is 5 (five)
       tahun.                                                                           years.




                                                           Halaman - 143 - Page
1354   Transforming the Future, Empowering Indonesia
Page 754
                                      PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                         DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                         FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                         31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                   (Expressed in millions of Rupiah, unless otherwise stated)

19. ASET TETAP DAN ASET HAK-GUNA (lanjutan)                               19. FIXED ASSETS AND                RIGHT-OF-USE           OF
                                                                              ASSETS (continued)

    Jumlah pengeluaran kas untuk sewa selama tahun                            The total cash outflow for leases for the year ended
    yang berakhir pada 31 Desember 2024 adalah                                31 December 2024 is amounting to Rp870,149 (31
    Rp870.149 (31 Desember 2023: Rp240.769).                                  December 2023: Rp240,769).

    Beban penyusutan untuk tahun yang berakhir pada                           Depreciation expense for the year ended
    tanggal 31 Desember 2024 dan 2023 masing-                                 31 December 2024 and 2023 amounted to
    masing sebesar Rp734.629 dan Rp585.308 dicatat                            Rp734,629 and Rp585,308 are recorded on
    pada beban umum dan administrasi pada laporan                             general and administrative expense in the
    laba rugi.                                                                statement of profit or loss.


20. ASET TAKBERWUJUD                                                      20. INTANGIBLE ASSETS

    Aset takberwujud terdiri dari:                                            Intangible assets consist of the following:

                                                         2024                     2023
    Goodwill                                                    727,786               727,786                                Goodwill
    Hubungan pelanggan                                           15,528                16,637                   Customer relationships

                                                                743,314               744,423


    Pada bulan Mei 2022, Grup telah mengakuisisi PT                           In May 2022, the Group acquired PT Bank Hibank
    Bank Hibank Indonesia. Atas transaksi ini, Grup                           Indonesia. As a result of this acquisition, the Group
    memperoleh goodwill dan aset takberwujud                                  recognised goodwill and certain intangible assets,
    tertentu berupa kontrak hubungan pelanggan dan                            such as contractual customer relationships and
    merek dagang.                                                             trademarks.

    Penurunan nilai atas goodwill                                             Impairment of goodwill

    Pengujian penurunan nilai atas goodwill yang                              Goodwill are tested for impairment annually (as at
    dilakukan setiap tahun (pada tanggal 31                                   31 December) and when circumstances indicate
    Desember) dan ketika terdapat suatu indikasi                              that the carrying value may be impaired.
    bahwa nilai tercatatnya mengalami penurunan nilai.

    Nilai    terpulihkan     ditentukan      berdasarkan                      The recoverable amount was determined based on
    perhitungan nilai wajar dikurangi biaya yang                              fair value less cost of disposal calculations that
    menggunakan metode Discounted Cash Flow 5                                 uses the 5 years Discounted Cash Flow method.
    tahun. Grup menentukan unit penghasil kas                                 The Group determine the cash generating unit
    (“UPK”) sejalan dengan Bank Hibank sebagai UPK                            (“CGU”) aligned with the Bank Hibank as a
    sendiri. Nilai tersebut dikategorikan berada dalam                        separate CGU. The value is within the category of
    kategori pengukuran nilai wajar level 3.                                  fair value measurement level 3.

    Asumsi kunci yang digunakan dalam perhitungan                             Certain key assumptions used in the fair value less
    nilai wajar dikurangi biaya untuk menjual pada                            cost of disposal calculation at 31 December 2024
    tanggal 31 Desember 2024 dan 2023 adalah                                  and 2023 are as follows
    sebagai berikut:

                                                         2024                     2023

    Tingkat pertumbuhan                                          4.95%                   4.94%                             Growth rate
    Tingkat diskonto (WACC)                                      9.97%                   9.80%                   Discount rate (WACC)

    Tidak ada penurunan              nilai   goodwill    yang                 No impairment of the goodwill was identified.
    diidentifikasi.




                                                        Halaman - 144 - Page                                  2024 Annual Report
                                                                                            PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                     1355
Page 755
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                        31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                (Expressed in millions of Rupiah, unless otherwise stated)

  21. LIABILITAS SEGERA                                                  21. OBLIGATIONS DUE IMMEDIATELY

                                                         2024                     2023

       Rupiah                                                                                                                    Rupiah
       Kewajiban sebagai issuer bank (ATM)                   1,205,173              2,991,170                 Obligation as issuer bank
       Simpanan sementara yang                                                                         Temporary deposit transactions
          belum diselesaikan                                 1,147,547                788,753                          not yet settled
       Setoran pajak sebagai                                                                          Tax collection received by BNI as
          bank persepsi                                       421,350                 334,092                         collecting bank
       Kerjasama pihak ketiga                                 294,763                 306,886                   Third party agreements
       Dana trust                                             264,505                  26,578                    Fund deposits for trust
       Dana setoran smartpay                                  222,426                 224,059              Fund deposits for smartpay
       Dana setoran cek                                        54,964                  58,307               Fund deposits for cheques
       Kiriman uang                                            47,774                 135,863                           Money transfers
       Lainnya                                                529,897                 113,447                                     Others
                                                             4,188,399              4,979,155
       Mata uang asing                                                                                             Foreign currencies
       Dana trust                                             981,005                 138,534                    Fund deposits for trust
       Simpanan sementara yang                                                                         Temporary deposit transactions
         belum diselesaikan                                   198,926                    14,424                       not yet settled
       Setoran pajak sebagai                                                                          Tax collection received by BNI as
         bank persepsi                                          79,194                   77,146                      collecting Bank
       Kiriman uang                                             59,205                   33,682                         Money transfers
       Kerjasama pihak ketiga                                    4,598                   50,634                 Third party agreements
       Lainnya                                                   3,393                    1,377                                   Others
                                                             1,326,321                315,797
                                                             5,514,720              5,294,952



  22. SIMPANAN NASABAH                                                   22. DEPOSITS FROM CUSTOMERS

       Informasi mengenai simpanan berdasarkan pihak                         Information with respect to transactions with related
       yang berelasi diungkapkan pada Catatan 45k.                           parties are disclosed in Note 45k.

       a.   Berdasarkan jenis dan mata uang                                  a.   By type and currency

                                                         2024                     2023
            Rupiah                                                                                                            Rupiah
              Tabungan                                   247,370,321              222,512,910                      Savings accounts
              Deposito berjangka                         201,908,287              208,275,592                         Time deposits
              Giro                                       192,230,190              203,157,259                      Current accounts

                                                         641,508,798              633,945,761

            Mata uang asing                                                                                       Foreign currencies
              Giro                                       113,503,338              142,338,909                       Current accounts
              Deposito berjangka                          40,324,680               24,389,388                           Time deposits
              Tabungan                                    10,174,032                9,468,525                      Savings accounts
              Negotiable Certificate of Deposits                   -                  587,760       Negotiable Certificate of Deposits

                                                         164,002,050              176,784,582

                                                         805,510,848              810,730,343




                                                       Halaman - 145 - Page
1356   Transforming the Future, Empowering Indonesia
Page 756
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

22. SIMPANAN NASABAH (lanjutan)                                     22. DEPOSITS FROM CUSTOMERS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                     a.   By type and currency (continued)

         Perincian simpanan nasabah berdasarkan                              Deposits from customers based on currencies
         mata uang adalah sebagai berikut:                                   are as follows:

                                                      2024                   2023
         Rupiah                                       641,508,798            633,945,761                                  Rupiah

         Mata uang asing                                                                                    Foreign currencies
           Dolar Amerika Serikat                      151,199,658            165,780,761                 United States Dollar
           Yen Jepang                                   6,810,333              7,554,960                        Japanese Yen
           Dolar Singapura                              2,464,309                752,273                      Singapore Dollar
           Yuan China                                   2,202,929              1,839,058                        Chinese Yuan
           Euro Eropa                                   1,162,954                721,360                       European Euro
           Dolar Australia                                 72,228                 47,156                      Australian Dollar
           Dolar Hong Kong                                 43,879                 50,901                    Hong Kong Dollar
           Pound Sterling Inggris                          32,638                 28,218          Great Britain Pound Sterling
           Franc Swiss                                      6,948                  4,560                          Swiss Franc
           Won Korea Selatan                                2,174                  2,253                   South Korean Won
           Lain-lain                                        4,000                  3,082                                Others

                                                      164,002,050            176,784,582
                                                      805,510,848            810,730,343


         Berdasarkan Undang-Undang No. 24 tanggal                            Based on Law No. 24 dated 22 September
         22 September 2004 yang berlaku efektif sejak                        2004, effective on 22 September 2005, which
         tanggal 22 September 2005, sebagaimana                              was amended by the Government Regulation
         diubah       dengan     Peraturan Pemerintah                        No. 3 dated 13 October 2008, the Indonesia
         Pengganti         Undang-Undang     Republik                        Deposit Insurance Corporation (LPS) was
         Indonesia No. 3 tanggal 13 Oktober 2008,                            formed to guarantee certain liabilities of
         Lembaga Penjaminan Simpanan (LPS)                                   commercial banks under the applicable
         dibentuk untuk menjamin liabilitas tertentu                         guarantee program, which the amount of
         bank-bank umum berdasarkan program                                  guarantee can be amended if the situation
         penjaminan yang berlaku, yang besaran nilai                         complies with the valid particular criteria.
         jaminannya dapat berubah jika memenuhi
         kriteria tertentu yang berlaku.

         Berdasarkan Peraturan Pemerintah Republik                           Based on Government Regulation No. 66 Year
         Indonesia No. 66 Tahun 2008 tanggal                                 2008 dated 13 October 2008 regarding The
         13 Oktober 2008 mengenai Besarnya Nilai                             Amount of Deposit Guaranteed by Indonesia
         Simpanan yang dijamin Lembaga Penjaminan                            Deposit Insurance Corporation, the amount of
         Simpanan, jumlah simpanan yang dijamin LPS                          deposits covered by LPS is up to Rp2,000 per
         adalah simpanan sampai dengan Rp2.000                               depositor per bank.
         untuk per nasabah per bank.

         Pada tanggal 31 Desember 2024 dan 2023,                             As of 31 December 2024 and 2023, BNI was a
         BNI adalah peserta dari program penjaminan                          participant of the above guarantee program.
         tersebut.




                                                    Halaman - 146 - Page                                2024 Annual Report
                                                                                      PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                               1357
Page 757
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                       FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                       31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

  22. SIMPANAN NASABAH (lanjutan)                                         22. DEPOSITS FROM CUSTOMERS (continued)

       b.   Berdasarkan hubungan                                              b.   By relationship

                                                           2024                    2023

            Pihak berelasi                                                                                           Related parties
            Rupiah                                                                                                           Rupiah
              Giro                                           45,504,242             64,848,639                    Current accounts
              Deposito berjangka                             29,153,150             26,986,048                       Time deposits
              Tabungan                                          104,341                146,280                    Savings accounts
                                                             74,761,733             91,980,967


            Mata uang asing                                                                                      Foreign currencies
              Giro                                           30,233,977             55,991,467                    Current accounts
              Deposito berjangka                              7,829,496              4,088,842                      Time deposits
              Tabungan                                            8,605                 19,114                    Saving accounts
                                                             38,072,078             60,099,423
            Total pihak berelasi                            112,833,811            152,080,390                    Total related parties


            Pihak ketiga                                                                                               Third parties
            Rupiah                                                                                                           Rupiah
              Tabungan                                      247,265,980            222,366,630                    Savings accounts
              Deposito berjangka                            172,755,137            181,289,544                       Time deposits
              Giro                                          146,725,948            138,308,620                    Current accounts
                                                            566,747,065            541,964,794

            Mata uang asing                                                                                      Foreign currencies
              Giro                                           83,269,361             86,347,442                     Current accounts
              Deposito berjangka                             32,495,184             20,300,546                         Time deposits
              Tabungan                                       10,165,427              9,449,411                    Savings accounts
              Negotiable Certificate of Deposits                      -                587,760     Negotiable Certificate of Deposits
                                                            125,929,972            116,685,159
            Total pihak ketiga                              692,677,037            658,649,953                      Total third parties
                                                            805,510,848            810,730,343


       c.   Deposito berjangka berdasarkan jangka                             c.   Time deposits by contractual period
            waktu kontrak

                                                           2024                    2023
            <1 bulan                                         14,835,885             11,607,194                             <1 month
            1 - <3 bulan                                     64,523,187             56,575,988                        1 - <3 months
            3 - <6 bulan                                     78,146,147             71,419,166                        3 - <6 months
            6 - 12 bulan                                     44,610,394             17,281,374                        6 - 12 months
            >12 bulan                                        40,117,354             75,781,258                          >12 months
                                                            242,232,967            232,664,980


       d.   Simpanan       yang    diblokir   dan      dijadikan              d.   Deposits blocked and pledged as collateral
            jaminan

                                                           2024                    2023
            Tabungan                                         28,835,871             14,832,482                      Savings accounts
            Giro                                             16,367,424             16,170,794                      Current accounts
            Deposito berjangka                               13,255,678              7,253,007                         Time deposits
            Total                                            58,458,973             38,256,283                                   Total




                                                         Halaman - 147 - Page
1358   Transforming the Future, Empowering Indonesia
Page 758
                                          PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                             DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                     FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                     31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                      (Expressed in millions of Rupiah, unless otherwise stated)

22. SIMPANAN NASABAH (lanjutan)                                                              22. DEPOSITS FROM CUSTOMERS (continued)

    e.   Tingkat suku bunga dan bagi hasil per                                                    e.        Annual interest rates and profit sharing
         tahun
                                                                                                                                    Pound
                                       Dolar Amerika          Dolar                                            Won Korea           Sterling          Dolar
                                          Serikat/         Singapura/       Euro Eropa/                          Selatan/          Inggris/        Hongkong/
                                       United States       Singapore         European         Yen Jepang/      South Korea       Great Britain     Hongkong
                         Rupiah            Dollar            Dollar            Euro          Japanese Yen         Won           Pound Sterling       Dollar
                           %                 %                 %                %                  %                %                 %               %

         2024            0.00 - 8.10       0.00 - 6.25       0.00 - 2.25       0.00 - 0.10      0.00 - 0.07       0.00 - 0.25        0.00 - 0.10     0.00 - 3.70           2024
         2023            0.00 - 7.50       0.00 - 6.90       0.00 - 1.75       0.00 - 0.10      0.00 - 0.01                 -                  -               -           2023




23. SIMPANAN DARI BANK LAIN                                                                  23. DEPOSITS FROM OTHER BANKS

    Informasi mengenai simpanan berdasarkan pihak                                                 Information with respect to transactions with related
    yang berelasi diungkapkan pada Catatan 45l.                                                   parties are disclosed in Note 45l.

    a.   Berdasarkan jenis dan mata uang                                                          a.        By type and currency

                                                                        2024                            2023

         Rupiah                                                                                                                                                    Rupiah
         Pinjaman pasar uang antar bank                                     5,700,000                           625,000                            Interbank money market
         Giro                                                               1,481,005                         1,320,942                                   Current accounts
         Deposito berjangka                                                   101,541                            63,730                                      Time deposits
         Simpanan lainnya                                                     660,371                           648,514                                     Other deposits

                                                                            7,942,917                         2,658,186


         Mata uang asing                                                                                                                         Foreign currencies
         Pinjaman pasar uang antar bank                                     6,594,527                         4,492,755                      Interbank money market
         Giro                                                               2,244,398                         3,055,587                              Current accounts
         Deposito berjangka                                                   729,526                           740,384                                  Time deposits
         Negotiable Certificate of Deposit                                    770,760                           515,651              Negotiable Certificate of Deposits
         Simpanan lainnya                                                     266,336                           431,425                                 Other deposits

                                                                           10,605,547                         9,235,802

                                                                           18,548,464                       11,893,988


         Perincian simpanan dari bank lain berdasarkan                                                   Deposits from other banks                                 based   on
         mata uang adalah sebagai berikut:                                                               currencies are as follows:

                                                                        2024                            2023

         Rupiah                                                            7,942,917                          2,658,186                                               Rupiah


         Mata uang asing                                                                                                                            Foreign currencies
           Dolar Amerika Serikat                                           7,538,687                          5,286,458                          United States Dollar
           Yen Jepang                                                      2,700,683                          3,273,087                                 Japanese Yen
           Dolar Singapura                                                   243,814                            566,429                               Singapore Dollar
           Euro Eropa                                                         79,960                             66,188                                European Euro
           Dolar Hong Kong                                                    31,027                             27,217                             Hong Kong Dollar
           Pound Sterling Inggris                                             11,376                             16,423                   Great Britain Pound Sterling

                                                                         10,605,547                           9,235,802

                                                                           18,548,464                       11,893,988
                                                      




                                                                  Halaman - 148 - Page                                                   2024 Annual Report
                                                                                                                       PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                           1359
Page 759
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                         FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                         31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

  23. SIMPANAN DARI BANK LAIN (lanjutan)                                  23. DEPOSITS FROM OTHER BANKS (continued)

       b. Berdasarkan hubungan                                                b.   By relationship

                                                        2024                       2023

           Pihak berelasi                                                                                               Related parties
           Rupiah                                                                                                                Rupiah
             Interbank call money                             1,000,000                        -                 Interbank call money
             Giro                                                22,561                   14,351                     Current accounts

                                                              1,022,561                   14,351


           Mata uang asing                                                                                         Foreign currencies
             Pinjaman pasar uang antar bank                   2,253,300              1,231,760               Interbank money market
             Giro                                               888,836              1,327,918                      Current accounts
             Simpanan lainnya                                         -                131,078                        Other deposits

                                                              3,142,136              2,690,756

           Total pihak berelasi                               4,164,697              2,705,107                     Total related parties


           Pihak ketiga                                                                                                  Third parties
           Rupiah                                                                                                              Rupiah
             Pinjaman pasar uang antar bank                   4,700,000               625,000                  Interbank money market
             Giro                                             1,458,444              1,306,591                      Current accounts
             Deposito berjangka                                 101,541                 63,730                         Time deposits
             Simpanan lainnya                                   660,371                648,514                        Other deposits

                                                              6,920,356              2,643,835


           Mata uang asing                                                                                         Foreign currencies
             Pinjaman pasar uang antar bank                   4,341,227              3,260,995               Interbank money market
             Giro                                             1,355,562              1,727,669                      Current accounts
             Deposito berjangka                                 729,526                740,384                           Time deposits
             Negotiable Certificate of Deposit                  770,760                515,651        Negotiable Certificate of Deposit
             Simpanan lainnya                                   266,336                300,347                          Other deposits

                                                              7,463,411              6,545,046

           Total pihak ketiga                                14,383,767              9,188,881                        Total third parties

                                                             18,548,464             11,893,988




                                                       Halaman - 149 - Page
1360   Transforming the Future, Empowering Indonesia
Page 760
                                           PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                     FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                     31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                      (Expressed in millions of Rupiah, unless otherwise stated)

23. SIMPANAN DARI BANK LAIN (lanjutan)                                                       23. DEPOSITS FROM OTHER BANKS (continued)

    c.   Berdasarkan tingkat suku bunga dan bagi                                                   c.        By annual interest rates and profit sharing
         hasil per tahun
                                             Dolar            Euro                               Dolar        Won Korea              Pound Sterling
                                        Amerika Serikat/     Eropa/        Yen Jepang         Singapura/       Selatan/  Yuan China/    Inggris/
                                         United States      European        Japanese          Singapore         South     Chinese     Great Britain
                         Rupiah             Dollar            Euro            Yen               Dollar        Korean Won   Yuan      Pound Sterling
                           %                   %               %                %                  %              %            %             %

         2024             0.00 - 6.90       0.00 - 5.14                -      0.00 - 0.77      0.00 - 3.28             -             -              -                  2024
         2023             0.00 - 6.70       0.00 - 6.05                -      0.00 - 0.45      0.00 - 4.20             -             -              -                  2023


    d.   Simpanan       yang       diblokir         dan      dijadikan                             d.        Deposits blocked and pledged as collateral
         jaminan

                                                                       2024                                2023
         Giro                                                                 202,814                             42,553                                 Current accounts
         Tabungan                                                              15,793                              3,501                                 Savings accounts
         Deposito berjangka                                                       281                              4,707                                    Time deposits

                                                                              218,888                             50,761



24. EFEK-EFEK YANG DIJUAL DENGAN JANJI                                                       24. SECURITIES SOLD UNDER AGREEMENTS TO
    DIBELI KEMBALI                                                                               REPURCHASE
                                                                                            2024

                                                                                                                                                 Beban Bunga
                                                                                                                                   Nilai          yang Belum
                                   Jenis                     Nilai                                                              Pembelian        Diamortisasi/     Nilai
                                  Sekuritas/               Nominal/                                     Tanggal Jatuh            Kembali/        Unamortised      Bersih/
         Pihak lawan/              Type of                 Nominal         Tanggal Dimulai/                Tempo/               Repurchase          Interest        Net
         Counterparty             Securities               Amount             Start Date                Maturity Date            Amount            Expenses        Value


    Rupiah/Rupiah
      Bank Indonesia                      OBN               4,000,000           30/12/2024                   06/01/2025             3,907,625             3,388   3,904,237
      Bank Indonesia                      OBN               1,000,000           30/12/2024                   13/01/2025               945,292             2,012     943,280
      Bank Indonesia                      OBN                 750,000           09/12/2024                   06/01/2025               714,435               642     713,793
      Bank Indonesia                      OBN                 650,000           23/12/2024                   06/01/2025               630,221               559     629,662
      Bank Indonesia                      OBN                 580,000           17/12/2024                   14/01/2025               553,006             1,291     551,715
      Bank Indonesia                      OBN                 500,000           04/12/2024                   02/01/2025               483,766                87     483,679
      Bank Indonesia                      OBN                 500,000           05/12/2024                   02/01/2025               470,023                84     469,939
      Bank Indonesia                      OBN                 500,000           19/12/2024                   02/01/2025               498,191                88     498,103
      Bank Indonesia                      OBN                 450,000           12/12/2024                   09/01/2025               427,339               614     426,725
      Bank Indonesia                      OBN                 400,000           10/12/2024                   07/01/2025               386,850               417     386,433
      Bank Indonesia                      OBN                 350,000           23/12/2024                   20/01/2025               340,265             1,161     339,104
      Bank Artha Graha                    OBN                 200,000           25/11/2024                   30/01/2025               193,351             1,034     192,317
      JP Morgan Chase Bank                OBN                 100,000           03/12/2024                   03/01/2025                93,392                33      93,359
      Bank Indonesia                      OBN                   5,000           11/12/2024                   08/01/2025                 5,078                 7       5,071
                                                            9,985,000                                                               9,648,834            11,417   9,637,417


    Mata uang asing/Foreign currencies
       JP Morgan Chase Bank            OBN                  1,219,000           13/04/2023                   15/09/2026             1,311,697           159,890   1,151,807
       JP Morgan Chase Bank            OBN                  1,070,000           12/04/2023                   15/05/2027             1,162,333           179,543     982,790
       Deutsche Bank AG.               OBN                  1,001,000           12/04/2023                   15/05/2027             1,155,548           179,663     975,885
       Standard Chartered Bank         OBN                  1,000,000           12/04/2023                   15/05/2027             1,180,802           183,412     997,390
       Standard Chartered Bank         OBN                    700,000           14/04/2023                   15/04/2026               762,718            88,896     673,822
       Deutsche Bank AG.               OBN                    700,000           14/04/2023                   15/04/2026               744,800            85,930     658,870
       JP Morgan Chase Bank            OBN                    777,389           16/11/2023                   16/11/2028               751,317           183,169     568,148
       JP Morgan Chase Bank            OBN                    317,071           16/11/2023                   17/04/2028               312,614            67,798     244,816
                                                            6,784,460                                                               7,381,829       1,128,301     6,253,528
                                                           16,769,460                                                              17,030,663       1,139,718 15,890,945




                                                                   Halaman - 150 - Page                                                     2024 Annual Report
                                                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                            1361
Page 761
                                          PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                             DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                            NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                 FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                 31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)

  24. EFEK-EFEK YANG DIJUAL DENGAN JANJI                                        24. SECURITIES SOLD UNDER AGREEMENTS TO
      DIBELI KEMBALI (lanjutan)                                                     REPURCHASE (continued)

                                                                               2023
                                                                                                                          Beban Bunga
                                                                                                               Nilai       yang Belum
                                    Jenis            Nilai                                                  Pembelian     Diamortisasi/     Nilai
                                   Sekuritas/      Nominal/                                Tanggal Jatuh     Kembali/     Unamortised      Bersih/
            Pihak lawan/            Type of        Nominal         Tanggal Dimulai/           Tempo/        Repurchase       Interest        Net
            Counterparty           Securities      Amount             Start Date           Maturity Date     Amount         Expenses        Value


       Rupiah/Rupiah
         BPD Kalimantan Timur            OBN            200,000       15/12/2023             15/1/2024          199,901            587      199,314
                                                        200,000                                                199,901             587      199,314


       Mata uang asing/Foreign currencies
          JP Morgan Chase Bank            OBN          1,219,000      13/4/2023             15/9/2026         1,254,812        156,592    1,098,220
          Standard Chartered, Jakarta     OBN          1,000,000      12/4/2023             15/5/2027         1,129,594        176,903      952,691
          JP Morgan Chase Bank            OBN          1,070,000      12/4/2023             15/5/2027         1,111,926        174,026      937,900
          Deutsche Bank AG.               OBN          1,001,000      12/4/2023             15/5/2027         1,105,434        173,235      932,199
          Standard Chartered, Jakarta     OBN            700,000      14/4/2023             15/4/2026           729,641         85,943      643,698
          Deutsche Bank AG.               OBN            700,000      14/4/2023             15/4/2026           712,500         83,084      629,416
          JP Morgan Chase Bank            OBN            743,675      16/11/2023            16/11/2028          718,734        175,394      543,340
          JP Morgan Chase Bank            OBN            523,618       17/9/2021             15/5/2024          525,917         16,990      508,927
          JP Morgan Chase Bank            OBN            303,321      16/11/2023             17/4/2028          299,056         66,190      232,866
          BNP Paribas                     OBN            230,955      12/10/2023            17/1/2024           215,775          3,169      212,606
                                                       7,491,569                                              7,803,389      1,111,526    6,691,863
                                                       7,691,569                                              8,003,290      1,112,113    6,891,177


       Tingkat suku bunga tetap tahunan:                                              Annual fixed interest rates:
                                                                                   Dolar
                                                                             Amerika Serikat/
                                                          Rupiah            United States Dollar
                                                            %                        %
       Suku bunga kontrak:                                                                                                  Contractual interest rate:
       2024                                                  5.50 - 8.38                   1.85 - 4.75                                          2024
       2023                                                         6.65                   1.30 - 6.32                                          2023



  25. LIABILITAS AKSEPTASI                                                      25. ACCEPTANCE PAYABLES

       a.   Berdasarkan pihak dan mata uang                                           a.    By party and currency

                                                              2024                         2023
            Rupiah                                                                                                                      Rupiah
              Bank                                                 1,416,042                   1,519,809                               Banks
              Kreditur non-bank                                      201,263                     244,375                    Non-bank creditors
                                                                   1,617,305                   1,764,184


            Mata uang asing                                                                                                  Foreign currencies
              Bank                                                 2,470,305                   3,939,319                               Banks
              Kreditur non-bank                                      141,874                      45,044                    Non-bank creditors
                                                                   2,612,179                   3,984,363
                                                                   4,229,484                   5,748,547




                                                            Halaman - 151 - Page
1362   Transforming the Future, Empowering Indonesia
Page 762
                                      PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                         DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                      31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                (Expressed in millions of Rupiah, unless otherwise stated)

25. LIABILITAS AKSEPTASI (lanjutan)                                    25. ACCEPTANCE PAYABLES (continued)

    Perincian liabilitas akseptasi berdasarkan mata                        Acceptance payables based on currencies are as
    uang adalah sebagai berikut:                                           follows:

    a.   Berdasarkan pihak dan mata uang (lanjutan)                        a.   By party and currency (continued)
                                                      2024                      2023
         Rupiah                                            1,617,305              1,764,184                                  Rupiah

         Mata uang asing                                                                                       Foreign currencies
           Dolar Amerika Serikat                           2,534,029              3,897,148                  United States Dollar
           Euro Eropa                                         32,271                 66,367                       European Euro
           Yuan China                                         29,132                 15,221                        Chinese Yuan
           Yen Jepang                                         16,747                  5,627                        Japanese Yen

                                                           2,612,179              3,984,363

                                                           4,229,484              5,748,547


    b.   Berdasarkan hubungan                                              b.   By relationship

                                                      2024                      2023
         Pihak berelasi                                                                                            Related parties
         Rupiah                                              850,673              1,049,883                                 Rupiah
         Mata uang asing                                      50,082                 20,717                      Foreign currencies

         Total pihak berelasi                                900,755              1,070,600                     Total related parties

         Pihak ketiga                                                                                                 Third parties
         Rupiah                                              766,632                714,301                                 Rupiah
         Mata uang asing                                   2,562,097              3,963,646                      Foreign currencies

         Total pihak ketiga                                3,328,729              4,677,947                       Total third parties

                                                           4,229,484              5,748,547



26. BEBAN YANG MASIH HARUS DIBAYAR                                     26. ACCRUED EXPENSES

    Beban yang masih harus dibayar terdiri dari:                           Accrued expenses consist of the following:

                                                      2024                      2023
    Biaya teknologi dan                                                                                            Technology and
      telekomunikasi                                         615,258               558,506          telecommunication expenses
    Biaya kantor                                             412,947               467,642                         Office expenses
    Kewajiban sebagai Bank penerbit                          245,037               460,742                    Issuer Bank liabilities
    Biaya loyalty                                             48,929                49,905                        Loyalty expenses
    Biaya promosi                                              5,418                 5,288               Sales promotion expenses
    Lain-lain                                                201,716               121,782                                   Others

                                                           1,529,305              1,663,865



27. PENYISIHAN                                                         27. PROVISIONS

                                                      2024                      2023
    Estimasi kerugian atas komitmen                                                             Estimated losses from commitments
      dan kontinjensi                                      2,273,422              2,165,058                     and contingencies
    Penyisihan atas perkara hukum dan lainnya                  9,800                  7,674     Provision for legal cases and others

                                                           2,283,222              2,172,732




                                                    Halaman - 152 - Page                                   2024 Annual Report
                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                  1363
Page 763
                                              PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                 DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                     NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                          FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                          31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                               (Expressed in millions of Rupiah, unless otherwise stated)

  27. PENYISIHAN (lanjutan)                                                            27. PROVISIONS (continued)

       a.   Perubahan cadangan atas perkara hukum                                             a.   The movements of the allowance for legal
            adalah sebagai berikut:                                                                cases are as follows:
                                                                        2024                       2023

            Saldo awal                                                         7,674                      14,674                               Beginning balance
            Penambahan/(pembalikan) selama                                                                                                     Addition/(reversal)
               tahun berjalan                                                  2,126                      (7,000)                              during the year

                                                                               9,800                       7,674


            Bank     saat     ini  masih    menghadapi                                             The Bank has a number of outstanding
            permasalahan hukum diantaranya dengan                                                  litigation cases, including lawsuits with
            debitur, pemilik dana dan/atau pihak ketiga.                                           debtors, fund owners and/or third parties.
            Saat ini permasalahan hukum tersebut masih                                             Currently, litigation cases are still in legal
            dalam proses/upaya hukum.                                                              process.

            Jumlah klaim terhadap Bank dan estimasi                                                The Bank’s total potential financial exposure
            biaya penyelesaian perkara atas tuntutan                                               and estimation on settlement of legal cases
            hukum yang belum selesai pada tanggal                                                  arising from outstanding lawsuits as of
            31 Desember 2024 dan 2023 masing-masing                                                31 December 2024 and 2023 amounted to
            sebesar Rp9.800 dan Rp7.660. Pada tanggal                                              Rp9,800 and Rp7,660, respectively. As of
            31 Desember 2024 dan 2023, Manajemen                                                   31 December 2024 and 31 December 2023,
            berpendapat bahwa jumlah cadangan atas                                                 Management believes that the provision for
            perkara hukum telah memadai.                                                           legal cases is adequate.

       b.   Perubahan nilai tercatat bruto pada komitmen                                      b.   The movements of gross carrying amount on
            dan kontinjensi adalah sebagai berikut:                                                commitments and contingencies are as
                                                                                                   follows:
                                                                                       2024
                                                                                              Kerugian kredit
                                                                         Kerugian kredit       ekspektasian
                                                                          ekspektasian          sepanjang
                                                                            sepanjang           umurnya -
                                                 Kerugian kredit        umurnya - kredit           kredit
                                                 ekspektasian 12        tidak memburuk/         memburuk/
                                                 bulan/12-month         Lifetime ECL Not       Lifetime ECL
                                                      ECL                Credit-impaired      Credit-impaired       Total/Total

            Garansi bank yang diterbitkan                                                                                                  Bank guarantees issued
            Saldo awal                                   59,283,219              6,952,682             541,230         66,777,131                Beginning balance
            Pengalihan dari:                                                                                                                         Transfer from:
            - Kerugian kredit ekspektasian
               12 bulan                                   (4,414,085)            4,414,085                      -                 -                     12-month ECL-
            - Kerugian kredit ekspektasian
               sepanjang umurnya                                                                                                             Lifetime ECL not credit -
               kredit tidak memburuk                      5,587,210             (5,587,210)                     -                 -                       -impaired
             - Pengalihan dari/ke
               kerugian kredit ekspektasian
               sepanjang umurnya -                                                                                                           Transfer from/to lifetime
               kredit memburuk - bersih                           -                (17,941)             17,941                  -           ECL credit-impaired - net
            Pengukuran kembali bersih*)                 (17,975,199)            (5,043,341)        (16,566,920)       (39,585,460)              Net remeasurement*)
            Aset keuangan baru yang                                                                                                             New financial assets
               diterbitkan atau dibeli                   37,901,557              3,505,203          28,410,920         69,817,680           originated or purchased
            Pembayaran penuh                            (12,452,274)              (361,736)        (11,458,070)       (24,272,080)                    Full repayment
            Valuta asing dan                                                                                                                   Foreign exchange and
               perubahan lain                             1,244,187                89,919             (620,397)           713,709                  other movements

                                                         69,174,615              3,951,661            324,704          73,450,980

            *) Termasuk di dalam pengukuran kembali bersih adalah pembayaran                                              Including in the net measurement is repayment *)
            kembali




                                                                  Halaman - 153 - Page
1364   Transforming the Future, Empowering Indonesia
Page 764
                                               PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                  DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                 (Expressed in millions of Rupiah, unless otherwise stated)

27. PENYISIHAN (lanjutan)                                                              27. PROVISIONS (continued)

    b.   Perubahan nilai tercatat bruto pada komitmen                                          b.   The movements of gross carrying amount on
         dan kontinjensi adalah sebagai berikut:                                                    commitments and contingencies are as
         (lanjutan)                                                                                 follows: (continued)

                                                                                      2023
                                                                                               Kerugian kredit
                                                                          Kerugian kredit       ekspektasian
                                                                           ekspektasian          sepanjang
                                                                             sepanjang           umurnya -
                                                   Kerugian kredit       umurnya - kredit           kredit
                                                   ekspektasian 12       tidak memburuk/         memburuk/
                                                   bulan/12-month        Lifetime ECL Not       Lifetime ECL
                                                        ECL               Credit-impaired      Credit-impaired         Total/Total

         Garansi bank yang diterbitkan                                                                                                         Bank guarantees issued
         Saldo awal                                       56,655,579              5,676,476            776,913             63,108,968                Beginning balance
         Pengalihan dari:                                                                                                                                Transfer from:
         - Kerugian kredit ekspektasian
            12 bulan                                       (3,852,868)            3,852,868                      -                   -                      12-month ECL-
         - Kerugian kredit ekspektasian
            sepanjang umurnya                                                                                                                    Lifetime ECL not credit -
            kredit tidak memburuk                          1,746,822             (1,746,822)                     -                   -                        -impaired
          - Pengalihan dari/ke
            kerugian kredit ekspektasian
            sepanjang umurnya -                                                                                                                  Transfer from/to lifetime
            kredit memburuk - bersih                              575                (3,240)              2,665                     -           ECL credit-impaired - net
         Pengukuran kembali bersih*)                      (21,893,089)           (4,330,468)         (2,172,751)          (28,396,308)              Net remeasurement*)
         Aset keuangan baru yang                                                                                                                    New financial assets
            diterbitkan atau dibeli                        40,524,918             4,016,438           1,966,140            46,507,496           originated or purchased
         Pembayaran penuh                                 (13,737,880)             (491,034)            (28,139)          (14,257,053)                    Full repayment
         Valuta asing dan                                                                                                                          Foreign exchange and
            perubahan lain                                  (160,838)               (21,536)             (3,598)             (185,972)                 other movements

                                                          59,283,219              6,952,682             541,230            66,777,131

         *) Termasuk di dalam pengukuran kembali bersih adalah pembayaran                                                     Including in the net measurement is repayment *)
         kembali



                                                                                      2024
                                                                                               Kerugian kredit
                                                                          Kerugian kredit       ekspektasian
                                                                           ekspektasian          sepanjang
                                                                             sepanjang           umurnya -
                                                   Kerugian kredit       umurnya - kredit           kredit
                                                   ekspektasian 12       tidak memburuk/         memburuk/
                                                   bulan/12-month        Lifetime ECL Not       Lifetime ECL
                                                        ECL               Credit-impaired      Credit-impaired         Total/Total

         Irrevocable letters of credit                                                                                                      Irrevocable letters of credit
         Saldo awal                                       16,294,584               433,303              126,420            16,854,307                Beginning balance
         Pengalihan dari:                                                                                                                                 Transfer from:
         - Kerugian kredit ekspektasian
            12 bulan                                       (1,363,458)            1,363,458                      -                   -                      12-month ECL-
         - Kerugian kredit ekspektasian
            sepanjang umurnya -                                                                                                                  Lifetime ECL not credit -
            kredit tidak memburuk                          1,174,065             (1,174,065)                     -                   -                        -impaired
          - Pengalihan dari/ke
            kerugian kredit ekspektasian
            sepanjang umurnya -                                                                                                                  Transfer from/to lifetime
            kredit memburuk - bersih                               -                 28,312             (28,312)                    -           ECL credit-impaired - net
         Pengukuran kembali bersih*)                      14,256,127               (156,026)             23,036            14,123,137               Net remeasurement*)
         Aset keuangan baru yang                                                                                                                    New financial assets
            diterbitkan atau dibeli                        10,906,658             1,074,960              10,233            11,991,851           originated or purchased
         Pembayaran penuh                                 (33,053,635)             (488,382)           (109,206)          (33,651,223)                    Full repayment
         Valuta asing dan                                                                                                                          Foreign exchange and
            perubahan lain                                   636,286                 (2,385)               687               634,588                   other movements

                                                           8,850,627              1,079,175              22,858             9,952,660

         *) Termasuk di dalam pengukuran kembali bersih                                                                       Including in the net measurement is repayment *)
             adalah pembayaran kembali.




                                                                   Halaman - 154 - Page                                                2024 Annual Report
                                                                                                                     PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                          1365
Page 765
                                                   PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                      DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                                       NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                                            FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                                            31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                           (Expressed in millions of Rupiah, unless otherwise stated)

  27. PENYISIHAN (lanjutan)                                                                         27. PROVISIONS (continued)

       b.   Perubahan nilai tercatat bruto pada komitmen                                                 b.        The movements of gross carrying amount on
            dan kontinjensi adalah sebagai berikut:                                                                commitments and contingencies are as
            (lanjutan)                                                                                             follows: (continued)

                                                                                                2023
                                                                                                         Kerugian kredit
                                                                                    Kerugian kredit       ekspektasian
                                                                                     ekspektasian          sepanjang
                                                                                       sepanjang           umurnya -
                                                      Kerugian kredit              umurnya - kredit           kredit
                                                      ekspektasian 12              tidak memburuk/         memburuk/
                                                      bulan/12-month               Lifetime ECL Not       Lifetime ECL
                                                           ECL                      Credit-impaired      Credit-impaired             Total/Total

            Irrevocable letters of credit                                                                                                                   Irrevocable letters of credit
            Saldo awal                                          15,180,092                    585,899                 308,204            16,074,195                  Beginning balance
            Pengalihan dari:                                                                                                                                              Transfer from:
            - Kerugian kredit ekspektasian
              12 bulan                                            (594,357)                   594,357                           -                     -                     12-month ECL-
            - Kerugian kredit ekspektasian
              sepanjang umurnya -                                                                                                                                Lifetime ECL not credit –
              kredit tidak memburuk                                192,452                   (192,452)                      -                     -                             -impaired
            Pengukuran kembali bersih*)                         15,422,555                   (283,956)                (62,969)           15,075,630                  Net remeasurement*)
            Aset keuangan baru yang                                                                                                                                  New financial assets
              diterbitkan atau dibeli                           14,013,076                    343,458                 218,181             14,574,715             originated or purchased
            Pembayaran penuh                                   (27,822,922)                  (606,614)               (341,470)           (28,771,006)                      Full repayment
            Valuta asing dan                                                                                                                                        Foreign exchange and
              perubahan lain                                        (96,312)                   (7,389)                     4,474              (99,227)                  other movements

                                                                16,294,584                    433,303                 126,420            16,854,307

            *) Termasuk di dalam pengukuran kembali bersih                                                                                    Including in the net measurement is repayment *)
                adalah pembayaran kembali.


       c.   Perubahan estimasi kerugian pada komitmen                                                         c.     The movements of estimated losses on
            dan kontinjensi adalah sebagai berikut:                                                                  commitments and contingencies are as
                                                                                                                     follows:
                                                                                                2024
                                                                            Kerugian                   Kerugian
                                                                              kredit                     kredit
                                                                          ekspektasian               ekspektasian
                                                                           sepanjang                  sepanjang
                                                                           umurnya -                  umurnya -
                                                               Kerugian    kredit tidak                  kredit
                                                                kredit     memburuk/                  memburuk/
                                                             ekspektasian Lifetime ECL               Lifetime ECL
                                                             12 bulan/12-  Not Credit-                  Credit-
                                                              month ECL     impaired                   impaired               Total/Total

            Garansi bank yang diterbitkan                                                                                                                       Bank guarantees issued
            Saldo awal                                               137,524            1,115,637             507,945               1,761,106                         Beginning balance
            Pengalihan dari:                                                                                                                                              Transfer from:
            - Kerugian kredit ekspektasian
              12 bulan                                                 (2,699)             2,699                       -                      -                             12-month ECL-
            - Kerugian kredit ekspektasian
              sepanjang umurnya -                                                                                                                                 Lifetime ECL not credit -
              kredit tidak memburuk                                   53,232              (53,232)                     -                      -                                -impaired
            Pengalihan dari/ke
              kerugian kredit ekspektasian
              sepanjang umurnya -                                                                                                                                 Transfer from/to lifetime
              kredit memburuk - bersih                                         -           (2,444)                 2,444                      -                 ECL credit-impaired - net
            Pengukuran kembali bersih                                                                                                                               Net remeasurement of
              penyisihan kerugian*)                                  374,867             (705,566)        (1,192,635)               (1,523,334)                          loss allowance*)
            Aset keuangan baru yang                                                                                                                                   New financial assets
              diterbitkan atau dibeli                                 91,537              721,691          1,099,196                1,912,424                    originated or purchased
            Pembayaran penuh                                          (6,196)            (274,145)                 -                 (280,341)                              Full repayment
            Valuta asing dan                                                                                                                                        Foreign exchange and
              perubahan lain                                            4,648             10,770                   3,401               18,819                           other movements

                                                                     652,913             815,410              420,351               1,888,674


            *) Termasuk di dalam pengukuran kembali bersih penyisihan kerugian                                              Including in the net measurement of loss allowance, is repayment *)
                adalah pembayaran kembali.




                                                                          Halaman - 155 - Page
1366   Transforming the Future, Empowering Indonesia
Page 766
                                                PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                   DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                                      NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                           FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                           31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                         (Expressed in millions of Rupiah, unless otherwise stated)

27. PENYISIHAN (lanjutan)                                                                      27. PROVISIONS (continued)

    c.   Perubahan estimasi kerugian pada komitmen                                                       c.      The movements of estimated losses on
         dan kontinjensi adalah sebagai berikut: (lanjutan)                                                      commitments and contingencies are as
                                                                                                                 follows: (continued)

                                                                                           2023
                                                                        Kerugian                  Kerugian
                                                                          kredit                    kredit
                                                                      ekspektasian              ekspektasian
                                                                       sepanjang                 sepanjang
                                                                       umurnya -                 umurnya -
                                                           Kerugian    kredit tidak                 kredit
                                                            kredit     memburuk/                 memburuk/
                                                         ekspektasian Lifetime ECL              Lifetime ECL
                                                         12 bulan/12-  Not Credit-                 Credit-
                                                          month ECL     impaired                  impaired                Total/Total

         Garansi bank yang diterbitkan                                                                                                                      Bank guarantees issued
         Saldo awal                                                89,860          1,081,127             771,395                 1,942,382                        Beginning balance
         Pengalihan dari:                                                                                                                                             Transfer from:
         - Kerugian kredit ekspektasian
           12 bulan                                                 (4,467)           4,467                        -                      -                             12-month ECL-
         - Kerugian kredit ekspektasian
           sepanjang umurnya -                                                                                                                                Lifetime ECL not credit -
           kredit tidak memburuk                                   83,395            (83,395)                      -                      -                                -impaired
         Pengalihan dari/ke
           kerugian kredit ekspektasian
           sepanjang umurnya -                                                                                                                                Transfer from/to lifetime
           kredit memburuk - bersih                                    341              (868)                   527                       -                  ECL credit-impaired - net
         Pengukuran kembali bersih                                                                                                                              Net remeasurement of
           penyisihan kerugian*)                                  (90,938)          (590,929)          (2,029,163)               (2,711,030)                         loss allowance*)
         Aset keuangan baru yang                                                                                                                                  New financial assets
           diterbitkan atau dibeli                                 80,926            886,710            1,768,132                 2,735,768                  originated or purchased
         Pembayaran penuh                                         (19,564)          (177,870)                   -                  (197,434)                            Full repayment
         Valuta asing dan                                                                                                                                       Foreign exchange and
           perubahan lain                                           (2,029)           (3,605)                 (2,946)                (8,580)                        other movements

                                                                  137,524          1,115,637             507,945                 1,761,106


         *) Termasuk di dalam pengukuran kembali bersih penyisihan kerugian                                             Including in the net measurement of loss allowance, is repayment *)
             adalah pembayaran kembali.


                                                                                           2024
                                                                                                      Kerugian kredit
                                                                               Kerugian kredit         ekspektasian
                                                                                ekspektasian            sepanjang
                                                                                  sepanjang             umurnya -
                                                   Kerugian kredit            umurnya - kredit             kredit
                                                   ekspektasian 12            tidak memburuk/           memburuk/
                                                        bulan/                Lifetime ECL Not         Lifetime ECL
                                                    12-month ECL               Credit-impaired        Credit-impaired             Total/Total

         Irrevocable letters of credit                                                                                                                   Irrevocable letters of credit
         Saldo awal                                              13,060                   52,806                        699                    66,565             Beginning balance
         Pengalihan dari:                                                                                                                                              Transfer from:
         - Kerugian kredit ekspektasian
           12 bulan                                               (1,466)                  1,466                            -                       -                   12-month ECL-
         - Kerugian kredit ekspektasian
           sepanjang umurnya -                                                                                                                                Lifetime ECL not credit -
           kredit tidak memburuk                                   2,474                  (2,474)                           -                       -                      -impaired
         Pengalihan dari/ke
           kerugian kredit ekspektasian
           sepanjang umurnya -                                                                                                                                Transfer from/to lifetime
           kredit memburuk                                              -                (12,472)                  12,472                           -       ECL credit-impaired - net
         Pengukuran kembali bersih                                                                                                                              Net remeasurement of
           penyisihan kerugian*)                                 11,871                   18,094                  (47,633)                    (17,668)               loss allowance*)
         Aset keuangan baru yang                                                                                                                                  New financial assets
           diterbitkan atau dibeli                                12,957                 155,799                    2,502                  171,258           originated or purchased
         Pembayaran penuh                                        (29,289)               (126,797)                  31,606                 (124,480)                     Full repayment
         Valuta asing dan                                                                                                                                       Foreign exchange and
           perubahan lain                                            586                        330                     354                     1,270               other movements

                                                                 10,193                   86,752                           -                   96,945




                                                                       Halaman - 156 - Page                                                       2024 Annual Report
                                                                                                                                PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                                       1367
Page 767
                                              PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                 DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                   NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                        FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                        31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                           (Expressed in millions of Rupiah, unless otherwise stated)

  27. PENYISIHAN (lanjutan)                                                        27. PROVISIONS (continued)

       c.   Perubahan estimasi kerugian pada komitmen                                       c.   The movements of estimated losses on
            dan kontinjensi adalah sebagai berikut:                                              commitments and contingencies are as
            (lanjutan)                                                                           follows: (continued)

                                                                                  2023
                                                                                            Kerugian kredit
                                                                      Kerugian kredit        ekspektasian
                                                                       ekspektasian           sepanjang
                                                                         sepanjang            umurnya -
                                               Kerugian kredit       umurnya - kredit            kredit
                                               ekspektasian 12       tidak memburuk/          memburuk/
                                                    bulan/           Lifetime ECL Not        Lifetime ECL
                                                12-month ECL          Credit-impaired       Credit-impaired       Total/Total

            Irrevocable letters of credit                                                                                               Irrevocable letters of credit
            Saldo awal                                   30,261                 69,624               308,036             407,921                 Beginning balance
            Pengalihan dari:                                                                                                                          Transfer from:
            - Kerugian kredit ekspektasian
              12 bulan                                   (1,751)                  1,751                       -                     -                12-month ECL-
            - Kerugian kredit ekspektasian
              sepanjang umurnya -                                                                                                           Lifetime ECL not credit -
              kredit tidak memburuk                       1,724                  (1,724)                      -                     -                    -impaired
            Pengalihan dari/ke
              kerugian kredit ekspektasian
              sepanjang umurnya -                                                                                                           Transfer from/to lifetime
              kredit memburuk                                    -                      -                     -                     -     ECL credit-impaired - net
            Pengukuran kembali bersih                                                                                                         Net remeasurement of
              penyisihan kerugian*)                      56,746                 (29,209)            (323,022)            (295,485)                 loss allowance*)
            Aset keuangan baru yang                                                                                                             New financial assets
              diterbitkan atau dibeli                    22,314                 118,171               68,193              208,678          originated or purchased
            Pembayaran penuh                            (96,766)               (103,971)             (43,021)            (243,758)                    Full repayment
            Valuta asing dan                                                                                                                  Foreign exchange and
              perubahan lain                               532                   (1,836)              (9,487)             (10,791)                other movements

                                                         13,060                 52,806                  699               66,565


                                                                                  2024
                                                                                            Kerugian kredit
                                                                      Kerugian kredit        ekspektasian
                                                                       ekspektasian           sepanjang
                                                                         sepanjang            umurnya -
                                               Kerugian kredit       umurnya - kredit            kredit
                                               ekspektasian 12       tidak memburuk/          memburuk/
                                               bulan/12-month        Lifetime ECL Not        Lifetime ECL
                                                    ECL               Credit-impaired       Credit-impaired       Total/Total

            Fasilitas kredit kepada                                                                                                          Unused loan facilities
               nasabah yang belum ditarik                                                                                                             to debtors
            Saldo awal                                  337,325                     62                        -         337,387                 Beginning balance
            Pengalihan dari:                                                                                                                        Transfer from:
            - Kerugian kredit ekspektasian
               12 bulan                                 (10,963)                10,963                        -                 -                    12-month ECL-
             - Kerugian kredit ekspektasian
               sepanjang umurnya -                                                                                                          Lifetime ECL not credit -
               kredit tidak memburuk                      3,316                  (3,316)                      -                 -                         impaired
            Pengalihan dari/ke
               kerugian kredit ekspektasian
               sepanjang umurnya -                                                                                                          Transfer from/to lifetime
               kredit memburuk                             (168)                        -               168                     -         ECL credit-impaired - net
            Pengukuran kembali bersih                                                                                                    Net remeasurement of loss
               penyisihan kerugian*)                   (280,039)                 (8,216)                      -        (288,255)                        allowance*)
            Aset keuangan baru yang                                                                                                             New financial assets
               diterbitkan atau dibeli                   38,081                    176                     -             38,257            originated or purchased
            Pembayaran penuh                            199,213                    331                  (168)           199,376                      Full repayment
            Penghapusbukuan                                (271)                     -                     -               (271)                            Write-offs
            Valuta asing dan                                                                                                                  Foreign exchange and
               perubahan lain                             1,309                         -                     -           1,309                   other movements

                                                        287,803                         -                     -         287,803




                                                             Halaman - 157 - Page
1368   Transforming the Future, Empowering Indonesia
Page 768
                                             PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                      NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                           FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                           31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                         (Expressed in millions of Rupiah, unless otherwise stated)

27. PENYISIHAN (lanjutan)                                                       27. PROVISIONS (continued)

    c.      Perubahan estimasi kerugian pada komitmen                                    c.      The movements of estimated losses on
            dan kontinjensi adalah sebagai berikut:                                              commitments and contingencies are as
            (lanjutan)                                                                           follows: (continued)

                                                                               2023
                                                                                         Kerugian kredit
                                                                   Kerugian kredit        ekspektasian
                                                                    ekspektasian           sepanjang
                                                                      sepanjang            umurnya -
                                              Kerugian kredit     umurnya - kredit            kredit
                                              ekspektasian 12     tidak memburuk/          memburuk/
                                              bulan/12-month      Lifetime ECL Not        Lifetime ECL
                                                   ECL             Credit-impaired       Credit-impaired          Total/Total

            Fasilitas kredit kepada                                                                                                        Unused loan facilities
              nasabah yang belum ditarik                                                                                                            to debtors
            Saldo awal                                 347,373                       -                      -           347,373               Beginning balance
            Pengalihan dari:                                                                                                                      Transfer from:
            - Kerugian kredit ekspektasian
              12 bulan                                 (27,489)               27,489                        -                   -                   12-month ECL-
            Pengalihan dari/ke
              kerugian kredit ekspektasian
              sepanjang umurnya -                                                                                                          Transfer from/to lifetime
              kredit memburuk                           (1,817)                      -                 1,817                    -   Lifetime ECL credit-impaired -
            Pengukuran kembali bersih                                                                                                  Net remeasurement of loss
              penyisihan kerugian*)                   (454,075)               (7,853)                  (1,817)          (463,745)                      allowance*)
            Aset keuangan baru yang                                                                                                            New financial assets
              diterbitkan atau dibeli                   63,636                    -                         -            63,636           originated or purchased
            Pembayaran penuh                           390,823                   25                         -           390,848                     Full repayment
            Penghapusbukuan                               (671)                   -                         -              (671)                           Write-offs
            Valuta asing dan                                                                                                                 Foreign exchange and
              perubahan lain                               (55)                      1                      -                (54)                other movements

                                                       337,325                   62                         -           337,387


    Manajemen berpendapat bahwa estimasi kerugian                                             Management believes that the estimated losses on
    pada komitmen dan kontinjensi di atas telah                                               commitments and contingencies are adequate.
    memadai.


28. LIABILITAS LAIN-LAIN                                                        28. OTHER LIABILITIES

                                                           2024                                2023
    Liabilitas ke pemegang polis                                 18,446,596                      17,010,970                    Liabilities to policyholders
    Utang bunga                                                   1,216,660                       1,145,545                                Interest payable
    Liabilitas sewa                                               1,004,213                       1,287,369                                 Lease liabilities
    Term Deposit Valas Devisa Hasil                                                                                      Foreign Exchange Term Deposit
       Ekspor                                                       909,368                        2,540,505                      from Export Activities
    Setoran jaminan                                                 715,473                          509,379                          Guarantee deposits
    Pendapatan yang belum diakui*)                                  582,568                          436,658                            Unearned income*)
    Utang nasabah - Entitas anak                                    204,901                          753,482           Payable to customers - Subsidiary
    Rekening dalam penyelesaian                                     201,120                          194,275                             Unsettled account
    Kewajiban pada pihak ketiga                                     120,182                          225,555                       Liability to third parties
    Utang reasuransi dan komisi                                      73,892                           44,073        Reinsurance payable and commission
    Lain-lain                                                     3,088,528                        1,977,086                                          Others
                                                                26,563,501                       26,124,897

    *)                                                                                   *)
         Termasuk di dalam pendapatan yang belum diakui adalah klaim                          Including in unearned income is insurance claim that has been
          asuransi yang telah diterima oleh Bank atas Kredit Usaha                            received by the Bank from Kredit Usaha Rakyat (KUR).
          Rakyat (KUR).




                                                            Halaman - 158 - Page                                                  2024 Annual Report
                                                                                                                PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                 1369
Page 769
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                     FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                     31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)               (Expressed in millions of Rupiah, unless otherwise stated)

  28. LIABILITAS LAIN-LAIN (lanjutan)                                   28. OTHER LIABILITIES (continued)

       Term Deposit Valas Devisa Hasil Ekspor                               Term Deposits of Foreign Exchange from Export
       merupakan suatu instrumen dimana dana devisa                         Proceeds is an instrument where foreign exchange
       hasil ekspor dari rekening khusus eksportir                          from export proceeds from exporters’ special
       ditempatkan pada Bank Indonesia melalui rekening                     account are placed in Bank Indonesia through
       Bank sesuai mekanisme pasar.                                         Bank’s accounts in accordance with market
                                                                            mechanisms.

       Liabilitas ke pemegang polis                                         Liabilities to policyholders

       Liabilitas kepada pemegang polis terdiri dari                        Liabilities to policyholders represent liabilities for
       liabilitas manfaat polis masa depan, liabilitas                      future policy benefits, liabilities to unit-linked
       kepada pemegang unit link, estimasi liabilitas klaim                 holders, estimated claim liabilities (including claims
       (termasuk klaim yang sudah terjadi namun belum                       incurred but not yet reported (“IBNR”)) and
       dilaporkan (“IBNR”)) dan cadangan atas premi                         unearned premium reserves.
       yang belum merupakan pendapatan.

       Rincian jumlah utang kepada pemegang polis                           Details of obligation to policyholders represent
       adalah sebagai berikut:                                              liabilities are as follows:

                                                       2024                   2023

       Utang klaim                                              8,256                  1,533              Obligation to policyholders
       Cadangan atas premi yang belum                                                                   Unearned premium reserves
          mendapatkan pendapatan                              106,425                134,610             estimated claim liabilities
       Estimasi liabilitas klaim                              210,196                259,964               Estimated claim liabilities
       Liabilitas manfaat polis                                                                                   Liabilities for future
          masa depan                                    11,381,692               10,176,551                            policy benefits
       Penyisihan manfaat polis                                                                                 Provision for liabilities
          masa depan dan kontribusi yang                                                                  for future policy benefits
          belum menjadi hak                                   144,248                135,181           and unearned contributions
       Liabilitas kepada                                                                                       Liabilities to unit linked
          pemegang unit link                             6,572,395                6,282,559                                    holders
       Ujrah diterima dimuka                                23,384                   20,572                            Unearned Ujrah
                                                        18,446,596               17,010,970


       Grup mengakui liabilitas manfaat polis masa                          The Group recognised liabilities for future policy
       depan, penyisihan kontribusi yang belum menjadi                      benefits, unearned contributions provisions,
       hak, estimasi liabilitas klaim dan premi yang belum                  estimated claim liabilities and unearned premiums
       merupakan pendapatan berdasarkan perhitungan                         as of 31 December 2024 and 2023, based on
       internal aktuaris pada tanggal 31 Desember 2024                      internal actuary’s calculations.
       dan 2023.

       a.   Liabilitas manfaat polis masa depan                             a.   Liabilities for future policy benefits

            Liabilitas  manfaat     polis  masa     depan                        Liabilities for future policy benefits represents
            merupakan total dana yang disediakan untuk                           amount provided for all obligations arising
            seluruh    kewajiban      yang   timbul    dari                      from the terms of the policies in force at
            persyaratan yang tertera pada polis-polis yang                       the statement of financial position. The
            masih berlaku pada tanggal laporan posisi                            computation of liabilities for future policy
            keuangan. Perhitungan liabilitas manfaat polis                       benefits is based on the following actuarial
            masa depan menggunakan asumsi-asumsi                                 assumptions:
            aktuaria sebagai berikut:




                                                       Halaman - 159 - Page
1370   Transforming the Future, Empowering Indonesia
Page 770
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                    FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)              (Expressed in millions of Rupiah, unless otherwise stated)

28. LIABILITAS LAIN-LAIN (lanjutan)                                  28. OTHER LIABILITIES (continued)

    Liabilitas ke pemegang polis (lanjutan)                              Liabilities to policyholders (continued)

    a.   Liabilitas manfaat polis masa depan (lanjutan)                  a.    Liabilities for future policy benefits (continued)

                                                   2024                       2023

         Metode aktuaria                         Gross Premium        Gross Premium                               Actuarial methods
                                                       Valuation             Valuation
                                                       and Fund              and Fund
                                                           Value                Value
         Tabel mortalitas                          TMI IV (2019)        TMI IV (2019)                               Mortality tables
         Tabel morbiditas                       Munich Re basis      Munich Re basis                                Morbidity tables
                                                  Hospitalisation      Hospitalisation
                                              (Health Insurance     (Health Insurance
                                                    & Cash Plan)         & Cash Plan)
         Suku bunga tahunan                                                                                     Annual interest rate
           Rupiah                                6.87% - 7.49%        6.54% - 7.45%                                        Rupiah
           Dolar Amerika Serikat                 5.34% - 5.86%        5.40% - 5.86%                                      US Dollar

         Asumsi    lain   yang     digunakan      dalam                        Other assumptions used in the calculation of
         perhitungan liabilitas manfaat polis masa                             liabilities for future policy benefits include lapse
         depan adalah tingkat lapse, inflasi dan asumsi                        rate, inflation and expense assumption.
         biaya.

         Perhitungan liabilitas manfaat polis masa                             The calculation of the liability for future policy
         depan dan cadangan atas premi yang belum                              benefits and unearned premium reserves as of
         merupakan      pendapatan   pada    tanggal                           31 December 2024 and 2023 were reviewed
         31 Desember 2024 dan 2023 telah diperiksa                             by the Group’s actuary.
         oleh aktuaris Grup.

         Rincian liabilitas manfaat polis masa depan                           Details of liabilities for future policy benefits are
         adalah sebagai berikut:                                               as follows:

                                                    2024                  2023

         Asuransi jiwa                                                                                               Life insurance
         Perorangan                                 10,482,014             9,186,453                                       Individual
         Kumpulan                                      899,678               990,098                                          Group

                                                    11,381,692            10,176,551

         Unit Link                                                                                                        Unit Link
         Perorangan                                   1,631,586            2,113,937                                      Individual
         Kumpulan                                     4,940,809            4,168,622                                         Group

                                                      6,572,395            6,282,559

         Syariah                                                                                                              Sharia
         Perorangan                                     133,835               124,419                                      Individual
         Kumpulan                                            14                    17                                         Group

                                                        133,849               124,436

                                                    18,087,936            16,583,546




                                                    Halaman - 160 - Page                                   2024 Annual Report
                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                  1371
Page 771
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                        31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

  28. LIABILITAS LAIN-LAIN (lanjutan)                                    28. OTHER LIABILITIES (continued)

       Liabilitas ke pemegang polis (lanjutan)                                Liabilities to policyholders (continued)

       a.   Liabilitas manfaat polis masa depan (lanjutan)                    a.     Liabilities for future policy benefits (continued)

            Termasuk dalam liabilitas manfaat polis masa                            Included in the above liabilities for future policy
            depan adalah saldo dalam mata uang asing                                benefits are balances in foreign currencies
            sebesar USD4.279.829 (nilai penuh) atau                                 amounting to USD4,279,829 (full amount) or
            ekuivalen Rp69.171 (2023: USD5.084.024                                  equivalent Rp69,171 (2023: USD5,084,024
            (nilai penuh)).                                                         (full amount)).

       b.   Liabilitas manfaat polis masa depan dan                           b.     Liabilities for future policy       benefits    and
            kontribusi yang belum menjadi hak                                        unearned contributions

            Liabilitas  manfaat     polis masa  depan                                Liabilities for future policy benefits represent
            merupakan total penyisihan untuk memenuhi                                reserves amount provided for such risks
            risiko yang timbul pada periode mendatang.                               arising in future periods. The computation is
            Perhitungan menggunakan asumsi-asumsi                                    based on the following actuarial assumptions:
            aktuaria sebagai berikut:

                                                        2024                       2023

             Metode aktuaria                                     GPV                      GPV                            Actuarial method
                                                         hanya untuk              hanya untuk
                                                       dana tabarru’/           dana tabarru’/
                                                              only for                 only for
                                                       tabarru’ funds           tabarru’ funds
             Tabel mortalita                           TMI III (2011)           TMI III (2011)                             Mortality tables
                                                     Rate reasuransi          Rate reasuransi
                                                     (Kecelakaan diri         (Kecelakaan diri
                                                    Grup, Ekawarsa)          Grup, Ekawarsa)
                                                        /Reinsurance             /Reinsurance
                                                rate (Group personal     rate (Group personal
                                                     accident, Yearly         accident, Yearly
                                                            term life)               term life)
             Tabel morbidita                        Munich Re basis          Munich Re basis                              Morbidity tables
                                                  (Health Insurance)        (Health Insurance )
             Tingkat bagi hasil tahunan                                                                          Annual profit sharing rate
                hanya untuk dana tabarru’                                                                         only for tabarru’ funds
                Rupiah                                 6.37% - 6.98%           6.04% - 6.92%                                      Rupiah

            Rincian penyisihan manfaat polis masa depan                             Details of provision for future policy benefits
            dan kontribusi yang belum menjadi hak adalah                            and unearned contributions are as follows:
            sebagai berikut:

                                                         2024                 2023

            Syariah                                                                                                                Sharia
            Penyisihan manfaat polis                                                                                   Provision for future
               masa depan                                    133,849               124,436                                policy benefit
            Kontribusi yang belum
               menjadi hak                                     10,399               10,745                        Unearned contributions

                                                             144,248               135,181




                                                         Halaman - 161 - Page
1372   Transforming the Future, Empowering Indonesia
Page 772
                                     PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                        DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

28. LIABILITAS LAIN-LAIN (lanjutan)                                 28. OTHER LIABILITIES (continued)

    Liabilitas ke pemegang polis (lanjutan)                             Liabilities to policyholders (continued)

    c.   Premi yang belum merupakan pendapatan                          c.     Unearned premium reserves

         Premi yang belum merupakan pendapatan                                Unearned premium reserves             by    type of
         menurut jenis asuransi adalah sebagai berikut:                       insurance are as follows:

                                                    2024                2023

         Asuransi jiwa                                                                                             Life insurance
         Perorangan                                                                                                      Individual
         Kecelakaan diri                                   18,471             20,584                             Personal accident
         Kesehatan                                          3,952              8,491                                        Health
         Ekawarsa                                           3,541              2,712                                      Term life
         Link                                               2,066              2,323                                           Link

                                                           28,030             34,110

         Kumpulan                                                                                                           Group
         Kesehatan                                         68,408             93,172                                        Health
         Ekawarsa                                           8,584              4,919                                     Term life
         Kecelakaan diri                                    1,255              2,294                             Personal accident
         Link                                                 148                115                                          Link

                                                           78,395            100,500

                                                       106,425               134,610


    d.   Estimasi liabilitas klaim                                      d.     Estimated claim liabilities

         Estimasi liabilitas klaim menurut jenis asuransi                     Estimated claim liabilities by type of insurance
         adalah sebagai berikut:                                              are as follows:

                                                    2024                2023

         Asuransi jiwa                                                                                              Life insurance
         Perorangan                                                                                                       Individual
         Jangkawarsa                                       63,865             72,436                                       Term life
         Kesehatan                                         18,576             13,670                                         Health
         Kecelakaan diri                                    5,165              4,483                              Personal Accident
         Ekawarsa                                               5                514                                       Term life

         Kumpulan                                                                                                              Group
         Kesehatan                                         47,726             71,227                                          Health
         Seumur hidup                                      50,543             75,023                                        Life time

                                                       185,880               237,353

         Syariah                                                                                                              Sharia
         Perorangan                                                                                                        Individual
         Jangkawarsa                                         222                  86                                        Term life

         Kumpulan                                                                                                            Group
         Asuransi jiwa kredit                              16,415             15,587                                     Credit life
         Kesehatan                                          6,740              5,863                                         Health
         Kecelakaan diri                                      939                994                              Personal accident
         Ekawarsa                                               -                 81                                      Term life

                                                           24,316             22,611

                                                       210,196               259,964




                                                    Halaman - 162 - Page                                  2024 Annual Report
                                                                                        PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                 1373
Page 773
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                      NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                           FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                           31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                   (Expressed in millions of Rupiah, unless otherwise stated)

  28. LIABILITAS LAIN-LAIN (lanjutan)                                      28. OTHER LIABILITIES (continued)

       Liabilitas ke pemegang polis (lanjutan)                                    Liabilities to policyholders (continued)

       e.   Utang klaim                                                           e.     Claim payables

                                                          2024                    2023
            Asuransi jiwa                                                                                                    Life insurance
            Kesehatan                                            3,886                     703                                        Health
            Kematian                                                40                     396                                        Death

                                                                 3,926                   1,099
            Syariah                                                                                                                  Sharia
            Kesehatan                                            4,330                     434                                       Health
            Kematian                                                 -                       -                                        Death

                                                                 4,330                     434

                                                                 8,256                   1,533


       Tabel berikut menyajikan sensitivitas dari nilai                           The following tables present the sensitivity of the
       liabilitas asuransi terhadap perubahan asumsi yang                         value of insurance liabilities to the movements in
       digunakan dalam estimasi liabilitas asuransi.                              the assumptions used in the estimation of
       Korelasi asumsi akan memiliki dampak yang                                  insurance liabilities. The correlation of assumptions
       signifikan dalam menentukan cadangan teknis,                               will have a significant effect in determining the
       tetapi untuk menunjukkan dampak akibat                                     ultimate technical reserves, but to demonstrate the
       perubahan asumsi, asumsi harus diubah secara                               impact due to changes in assumptions,
       individual. Tabel ini juga menunjukkan dampak                              assumptions had to be changed on an individual
       terhadap cadangan teknis akibat perubahan                                  basis. This table also indicates the impact on the
       asumsi aktuaria (tidak diaudit).                                           technical reserve due to the changes in the
                                                                                  actuarial assumptions (unaudited).
                                                                     Saldo liabilitas asuransi/
                                                                  Balance of insurance liabilities

                                           Persentase
                                           perubahan/
                                      Percentage of change          2024                    2023

       Tingkat suku bunga                           +1%              17,802,313              16,433,969                          Interest rate
       Tingkat suku bunga                           -1%              18,761,626              17,287,845                          Interest rate
       Tingkat mortalitas                          +10%              18,315,844              16,905,890                         Mortality rate
       Tingkat mortalitas                          -10%              18,179,392              16,758,319                         Mortality rate

       Liabilitas lain-lain                                                    Other liabilities

       Jumlah beban bunga atas liabilitas sewa sebesar                         The balances of interest expense from lease
       Rp52.631 pada tanggal 31 Desember 2024 dan                              liabilities amounted to Rp52,631 as of 31 December
       Rp43.171 pada tanggal 31 Desember 2023.                                 2024 and Rp43,171 as of 31 December 2023.




                                                          Halaman - 163 - Page
1374   Transforming the Future, Empowering Indonesia
Page 774
                                      PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                         DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                       FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                       31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)              (Expressed in millions of Rupiah, unless otherwise stated)

28. LIABILITAS LAIN-LAIN (lanjutan)                                  28. OTHER LIABILITIES (continued)

    Liabilitas lain-lain (lanjutan)                                     Other liabilities (continued)

    Analisis jatuh tempo liabilitas lain-lain terkait sewa              The maturity analysis of other liabilities related to
    adalah sebagai berikut:                                             lease is as follows:

                                                   2024                       2023
    1 tahun                                                198,817                   183,518                                    1 year
    2 tahun                                                 79,407                   310,103                                   2 years
    3 tahun                                                151,182                   175,230                                   3 years
    4 tahun                                                188,687                   198,461                                   4 years
    5 tahun                                                386,120                   420,057                                   5 years
                                                      1,004,213                 1,287,369



29. PERPAJAKAN                                                       29. TAXATION

    a.   Pajak dibayar di muka                                          a.      Prepaid taxes

                                                   2024                       2023

         Pajak penghasilan badan                                                                                Corporate income tax
           BNI                                                   -                   626,869                                   BNI
           Entitas Anak                                     18,950                    16,515                           Subsidiaries
                                                            18,950                   643,384


    b.   Utang pajak                                                     b.     Taxes payable

                                                   2024                       2023

         Pajak penghasilan badan                                                                                Corporate income tax
         BNI                                                                                                                      BNI
           Pasal 25                                        200,180                   110,481                             Article 25
           Pasal 29                                          2,419                   569,188                             Article 29
                                                           202,599                   679,669
         Entitas Anak                                                                                                     Subsidiaries
           Pasal 25                                          4,926                       408                              Article 25
           Pasal 29                                         15,683                    21,843                              Article 29
         Total pajak penghasilan badan                     223,208                   701,920               Total corporate income tax

         Pajak lainnya                                                                                                   Other taxes
           BNI                                              84,312                   101,409                                   BNI
           Entitas Anak                                     10,049                    19,644                           Subsidiaries
         Total pajak lainnya                                94,361                   121,053                         Total other taxes
                                                           317,569                   822,973




                                                    Halaman - 164 - Page                                     2024 Annual Report
                                                                                           PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                    1375
Page 775
                                          PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                             DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                         NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                              FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                              31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                   (Expressed in millions of Rupiah, unless otherwise stated)

  29. PERPAJAKAN (lanjutan)                                                 29. TAXATION (continued)

       c.   Beban pajak                                                         c.     Tax expense

                                                       2024                          2023

            BNI                                                                                                                            BNI
              Kini                                       4,133,787                      4,386,618                                    Current
              Tangguhan                                    410,731                         84,783                                   Deferred
              Periode lalu dari hasil
                pemeriksaan pajak                             313,924                              -          Previous year tax examination
            Pajak penghasilan - BNI                      4,858,442                      4,471,401                             Income tax - BNI


            Entitas Anak                                                                                                           Subsidiaries
              Kini                                             47,820                         75,434                                 Current
              Tangguhan                                         4,799                        (13,325)                               Deferred
            Pajak penghasilan - Entitas Anak                   52,619                        62,109                   Income tax - Subsidiaries
                                                         4,911,061                      4,533,510


            Rekonsiliasi antara beban pajak penghasilan                                The reconciliation between income tax
            dengan hasil perkalian laba akuntansi sebelum                              expense and the theoretical tax amount on the
            pajak penghasilan dan tarif pajak yang berlaku                             profit before income tax is as follows:
            adalah sebagai berikut:

                                                       2024                          2023
            Laba konsolidasian                                                                                           Consolidated income
              sebelum pajak penghasilan                 26,580,458                     25,639,738                         before income tax
            Pajak dihitung dengan tarif                                                                            Tax calculated at applicable
              pajak yang berlaku                         5,065,757                     4,883,074                                   tax rates
            Pendapatan yang tidak dapat
              dikurangkan untuk tujuan                                                                                              Income not
              perpajakan                                                                                             deductible for tax purpose
              BNI                                         (477,139)                         (327,163)                                     BNI
              Entitas Anak                                   8,519                           (22,401)                            Subsidiaries
            Total dampak pajak penghasilan                    (468,620)                     (349,564)                 Total income tax impact
            Koreksi hasil pemeriksaan
              pajak penghasilan tahun                                                                     Correction of income tax assessment
                 sebelumnya – BNI                             313,924                              -                      on previous year - BNI

            Beban pajak                                   4,911,061                     4,533,510                              Tax expense


            Rekonsiliasi antara laba sebelum pajak                                     A reconciliation between the income before
            penghasilan menurut laba rugi BNI dengan                                   tax as shown in BNI’s profit and loss and
            estimasi penghasilan kena pajak adalah                                     estimated taxable income is as follows:
            sebagai berikut:
                                                         2024                          2023
            Grup                                                                                                                       The Group
            Laba konsolidasian                                                                                             Consolidated income
              sebelum pajak penghasilan                        26,580,458                   25,639,738                      before income tax
            Laba sebelum pajak penghasilan                                                                            Income before income tax
              dari Entitas Anak, setelah eliminasi               (515,679)                    (384,139)       of Subsidiaries, after elimination

            Laba sebelum pajak penghasilan - BNI              26,064,779                    25,255,599          Income before income tax - BNI




                                                       Halaman - 165 - Page
1376   Transforming the Future, Empowering Indonesia
Page 776
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                       FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                       31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                  (Expressed in millions of Rupiah, unless otherwise stated)

29. PERPAJAKAN (lanjutan)                                                29. TAXATION (continued)

    c.   Beban pajak (lanjutan)                                              c.   Tax expense (continued)

         Rekonsiliasi antara laba sebelum pajak                                   A reconciliation between the income before
         penghasilan menurut laba rugi BNI dengan                                 tax as shown in BNI’s profit and loss and
         estimasi penghasilan kena pajak adalah                                   estimated taxable income is as follows:
         sebagai berikut: (lanjutan)                                              (continued)
                                                      2024                        2023

         Beda waktu                                                                                                  Timing differences
         - Penyusutan aset tetap                             218,674                     129,640          Depreciation of fixed assets -
         - (Pembalikan)/pembentukan
             cadangan kerugian penurunan                                                              (Reversal)/addition provision for -
             nilai aset produktif - pinjaman                                                                     impairment losses
             yang diberikan                                (1,099,931)                   284,088         on earning assets - loans
         - Pembentukan cadangan
             hukum, litigasi                                                                                                Provision for -
             dan lainnya                                        2,126                     (7,000)        legal, litigation and others
         - Laba yang belum
             direalisasi atas efek                                                                         Unrealised gain on trading -
             yang diperdagangkan dan                                                                       securities and derivative
             transaksi derivatif                             (179,124)                (334,840)                        transactions
         - Pembentukan                                                                                                     Provision for -
             cadangan imbalan                                                                                           allowance for
             kerja                                            (37,058)                   218,287                 employee benefits
         - Amortisasi aset atas hak-guna                       52,846                     28,857    Right-of-use of asset amortization -
         - Pembalikan cadangan
             kerugian penurunan nilai aset                                                          Reversal provision for impairment -
             produktif selain pinjaman                                                                 earning assets - other than
             yang diberikan                                  (729,649)                (719,889)                               loans
         - Modifikasi arus kas
             kontraktual pinjaman                                                                           Modification of contractual -
             yang diberikan                                   (24,629)                   (45,370)                             loans

                                                           (1,796,745)                (446,227)

         Beda tetap                                                                                            Permanent differences
         - Kenikmatan karyawan                               268,608                   288,574            Employees’ fringe benefits -
         - Keuntungan atas reksadana                        (917,424)                 (797,876)               Gain on mutual funds -
         - Laba dari cabang luar negeri                     (881,681)                 (515,555) Profit from overseas branch offices -
         - Lain-lain                                        (980,761)                 (697,053)                              Others -
                                                           (2,511,258)              (1,721,910)
         Penghasilan kena pajak - BNI                      21,756,776               23,087,462                     Taxable income - BNI


         Beban pajak penghasilan periode berjalan dan                             Taxable income for the current period and the
         taksiran utang pajak penghasilan BNI adalah                              estimated corporate income tax payable of BNI
         sebagai berikut:                                                         are as follows:

                                                      2024                        2023
         Beban pajak penghasilan sesuai                                                                        Income tax based on the
           tarif pajak yang berlaku                                                                               applicable tax rates
           19% x Rp21.756.776                              4,133,787                         -                  19% x Rp21,756,776
           19% x Rp23.087.462                                      -                 4,386,618                  19% x Rp23,087,462
         Beban pajak penghasilan                            4,133,787                4,386,618          Corporate income tax expense
         Pajak dibayar di muka                             (3,931,188)              (3,706,949)                           Prepaid tax
         Utang pajak                                                                                               Corporate income tax
           penghasilan - BNI                                 202,599                     679,669                       payable - BNI




                                                    Halaman - 166 - Page                                      2024 Annual Report
                                                                                            PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                        1377
Page 777
                                           PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              DAN ENTITAS ANAK/AND SUBSIDIARIES

      CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
      KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
      31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
      (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

  29. PERPAJAKAN (lanjutan)                                            29. TAXATION (continued)

          c.   Beban pajak (lanjutan)                                      c.    Tax expense (continued)

               Untuk tahun pajak 2024 dan 2023,                                  For the fiscal years 2024 and 2023, based on
               berdasarkan Pasal 65 dari Peraturan                               Article 65 of Government Regulation No. 55
               Pemerintah No. 55 tahun 2022 tentang                              year 2022 regarding the Adjustment of
               Penyesuaian Pengaturan Di Bidang Pajak                            Arrangements in Income Tax for Domestic
               Penghasilan bagi Wajib Pajak Badan Dalam                          Corporate Tax Payers in the Form of Public
               Negeri Yang Berbentuk Perseroan Terbuka,                          Companies, tax payers can obtain a reduction
               Wajib Pajak dapat memperoleh penurunan                            in the PPh rate of 3% (three percent) lower
               tarif PPh sebesar 3% (tiga persen) lebih                          than the rate of domestic corporate tax payers
               rendah dari tarif PPh Wajib Pajak Badan                           as regulated in the Taxation Law, if it meets
               dalam negeri sebagaimana diatur dalam                             the following additional criteria:
               Undang-undang Perpajakan tersebut diatas
               apabila memenuhi tambahan kriteria sebagai
               berikut:

               1.   Jumlah kepemilikan saham publiknya                           1.   The public owned 40% (forty percent) or
                    40% (empat puluh persen) atau lebih dari                          more of the total paid up shares and those
                    keseluruhan saham yang disetor dan                                shares are owned by at least 300 (three
                    saham tersebut dimiliki paling sedikit oleh                       hundred) parties.
                    300 (tiga ratus) pihak.
               2.   Masing-masing pihak yang dimaksud di                         2.   Each party can only own less than 5%
                    atas hanya boleh memiliki saham kurang                            (five percent) of total paid-up shares.
                    dari 5% (lima persen) dari keseluruhan
                    saham yang disetor.
               3.   Ketentuan tersebut harus dipenuhi oleh                       3.   The tax payer should fulfill the above
                    Wajib Pajak dalam waktu paling singkat 6                          mentioned criteria at least within 6 (six)
                    (enam) bulan (183 (seratus delapan                                months (183 (one hundred and eighty
                    puluh tiga) hari kalender) dalam jangka                           three) calendar days) in 1 (one) fiscal
                    waktu 1 (satu) tahun pajak.                                       year.
               4.   Pihak-pihak yang memenuhi persyaratan                        4.   Parties that meet the requirements of 300
                    300 (tiga ratus) pihak dan 5% (lima                               (three hundred) parties and 5% (five
                    persen) sebagaimana di atas, tidak                                percent) as stated above, do not include:
                    termasuk:     Wajib     Pajak   Perseroan                         Public Company Tax Payers who buy
                    Terbuka      yang     membeli     kembali                         back their shares; and/or Those who have
                    sahamnya; dan/atau yang memiliki                                  a special relationship as stipulated in the
                    hubungan istimewa sebagaimana diatur                              Income Tax Law with Public Company Tax
                    dalam         Undang-Undang          Pajak                        Payers (reflected in: share ownership by
                    Penghasilan      dengan     Wajib    Pajak                        the controlling party and/or major
                    Perseroan Terbuka (tercermin dari                                 shareholder).
                    kepemilikan saham oleh pengendali
  
                    dan/atau pemegang saham utama).

               Berdasarkan Laporan Bulanan Kepemilikan                           Based on the Monthly Shareholding Report
               Saham Nomor DE/I/2025-0034 tanggal                                Number DE/I/2025-0034 dated 3 January 2025
               3 Januari 2025 dan Nomor DE/I/2024-0032                           and Number DE/I/2024-0032 dated 3 January
               tanggal 3 Januari 2024 dari Biro Administrasi                     2024 from the Registrar, Datindo Entrycom,
               Efek, Datindo Entrycom, atas kepemilikan                          regarding BNI’s shares during the year 2024
               saham BNI selama tahun 2024 dan tahun                             and year 2023, BNI has met all criteria
               2023, semua kriteria untuk memperoleh                             mentioned above to obtain a facility of tax rate
               fasilitas penurunan tarif pajak tersebut di atas                  reduction.
               telah terpenuhi.

               Peraturan Menteri Keuangan No. PMK-136                            The MOF Regulation no. PMK-136 Year 2024
               Tahun 2024 (PMK-136) telah disahkan di                            (PMK-136) was enacted in Indonesia, the
               Indonesia, yurisdiksi di mana perusahaan                          jurisdiction in which the company is
               didirikan, dan akan berlaku mulai 1 Januari                       incorporated, and will come into effect from 1
               2025. Karena PMK-136 belum efektif pada                           January 2025. Since the PMK-136 was not
               tanggal pelaporan, Grup tidak memiliki                            effective at the reporting date, the Group has
               eksposur pajak saat ini yang terkait. Grup                        no related current tax exposure. The Group
               menerapkan pengecualian untuk mengakui                            applies the exception to recognising and
               dan mengungkapkan informasi tentang aset                          disclosing information about deferred tax
               dan kewajiban pajak tangguhan yang terkait                        assets and liabilities related to Pillar Two
               dengan pajak penghasilan Pilar Dua,                               income taxes, as provided in the amendments
               sebagaimana diatur dalam amandemen PSAK                           to PSAK 212 issued in December 2023.
               212 yang diterbitkan pada bulan Desember
               2023.

                                                          Halaman - 167 - Page
1378      Transforming the Future, Empowering Indonesia
Page 778
                                      PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                         DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                      FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                      31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                             (Expressed in millions of Rupiah, unless otherwise stated)

29. PERPAJAKAN (lanjutan)                                                        29. TAXATION (continued)

    c.   Beban pajak (lanjutan)                                                          c.     Tax expense (continued)

         Grup sedang dalam proses menilai apakah                                                The Group is in the process of assessing
         mereka termasuk dalam cakupan model Pilar                                              whether they are within the scope of Pillar Two
         Dua dan apakah ada eksposur terhadap PMK-                                              model and if there is any exposure to the
         136 ketika peraturan tersebut mulai berlaku.                                           PMK-136 for when it comes into effect. Due to
         Karena kompleksitas dalam menerapkan PMK-                                              the complexities in applying the PMK-136 and
         136 dan menghitung pendapatan GloBE,                                                   calculating GloBE income, the quantitative
         dampak kuantitatif dari PMK-136 yang                                                   impact of the enacted PMK-136 is not yet
         disahkan belum dapat diperkirakan secara                                               reasonably estimable.
         wajar.

    d.   Aset pajak tangguhan - bersih                                                   d.     Deferred tax assets - net

         Aset     pajak tangguhan   pada    tanggal                                             The deferred tax assets as of 31 December
          31 Desember 2024 dan 2023 merupakan                                                   2024 and 2023 represent the tax effects on the
         pengaruh beda pajak dengan rincian sebagai                                             following:
         berikut:
                                                                              2024
                                                            Dikreditkan/
                                                          (dibebankan) ke
                                                         laporan laba rugi
                                                           konsolidasian
                                                                   /
                                                              Credited/
                                                            (charged) to             Dibebankan
                                      Saldo awal/           consolidated             ke ekuitas/         Saldo akhir/
                                      Beginning         statement of profit          Charged to            Ending
                                       balance                 or loss                  equity             balance
         Rugi/(laba) yang belum
            direalisasi atas
            aset keuangan yang                                                                                                       Unrealised loss/(gain) on
            diukur pada nilai wajar                                                                                           financial assets at fair value
            melalui penghasilan                                                                                                              through other
            komprehensif lain                 73,445                      -                   130,992           204,437            comprehensive income
         Cadangan kerugian
            penurunan nilai aset
            produktif - pinjaman                                                                                             Allowance for impairment losses
            yang diberikan                 5,312,631              (208,987)                         -          5,103,644         on earning assets - loans
         Cadangan imbalan kerja              798,821                (7,041)                   (98,826)           692,954     Allowance for employee benefits
         Cadangan kerugian
            penurunan nilai aset                                                                                                   Allowance for impairment
            produktif - selain                                                                                                 losses on earning assets -
            pinjaman yang diberikan          822,199              (207,311)                         -           614,888                  other than loans
         Cadangan hukum,
            kecurangan (fraud)                                                                                                            Allowance for legal,
            dan lainnya                        1,458                   404                          -              1,862                 fraud and others
         (Laba)/rugi yang belum
            direalisasi atas efek                                                                                                      Unrealised (gain) loss
            yang diperdagangkan                                                                                                      on trading securities
            dan transaksi derivatif         (140,591)              (34,034)                       -             (174,625)     and derivative transactions
         Amortisasi Aset-Hak-Guna             19,358                10,041                        -               29,399    Right-of-Use Assets amortization
         Penyusutan aset tetap                 4,433                40,877                 (112,085)             (66,775)        Depreciation of fixed assets
         Modifikasi arus kas
            kontraktual                                                                                                            Modification of contractual
            pinjaman yang diberikan          385,046                 (4,680)                        -           380,366              cash flows of loans

         Aset pajak tangguhan
           BNI - bersih                    7,276,800              (410,731)                   (79,919)         6,786,150      Net deferred tax assets - BNI
         Aset pajak tangguhan                                                                                                     Net deferred tax assets -
           Entitas Anak - bersih             163,818                                                            163,446                    Subsidiaries
         Aset pajak tangguhan                                                                                                             Net consolidated
           konsolidasian - bersih          7,440,618                                                           6,949,596            deferred tax assets


         Sesuai dengan ketentuan peralihan dalam                                                Based on the transitional provisions in the
         Peraturan     Menteri   Keuangan      Republik                                         Regulation of the Minister of Finance of the
         Indonesia Nomor 74 Tahun 2024, BNI telah                                               Republic of Indonesia Number 74 of 2024, BNI
         melaksanakan perhitungan nilai tercatat                                                has calculated the carrying value of the
         cadangan piutang tak tertagih untuk awal                                               allowance for doubtful accounts for the
         tahun fiskal 2024 dan selisih lebih sebesar Rp                                         beginning of the fiscal year 2024, and the
         23.732.378 akan diakui sebagai biaya yang                                              excess amounting to Rp 23,732,378 will be
         dibebankan seluruhnya untuk tahun fiskal                                               recognised as an expense fully charged to the
         2025. Terkait dengan hal tersebut, aset pajak                                          fiscal year 2025. In relation to the above, BNI
         tangguhan yang akan dimanfaatkan BNI pada                                              will utilize deferred tax assets amounting to
         tahun fiskal 2025 sebesar Rp 4.509.152.                                                Rp 4,509,152 in the fiscal year 2025.




                                                          Halaman - 168 - Page                                              2024 Annual Report
                                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                          1379
Page 779
                                         PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                            DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                     FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                     31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                              (Expressed in millions of Rupiah, unless otherwise stated)

  29. PERPAJAKAN (lanjutan)                                                         29. TAXATION (continued)

       d.   Aset pajak tangguhan - bersih (lanjutan)                                        d.    Deferred tax assets - net (continued)

            Aset     pajak    tangguhan pada    tanggal                                           The deferred tax assets as of 31 December
            31 Desember 2024 dan 2023 merupakan                                                   2024 and 2023 represent the tax effects on the
            pengaruh beda pajak dengan rincian sebagai                                            following: (continued)
            berikut: (lanjutan)

                                                                                 2023
                                                               Dikreditkan/
                                                             (dibebankan) ke
                                                            laporan laba rugi
                                                              konsolidasian
                                                                      /
                                                                 Credited/
                                                               (charged) to             Dibebankan
                                         Saldo awal/           consolidated             ke ekuitas/       Saldo akhir/
                                         Beginning         statement of profit          Charged to          Ending
                                          balance               or loss and                equity           balance

            Rugi/(laba) yang belum
               direalisasi atas
               aset keuangan yang                                                                                                    Unrealised loss/(gain) on
               diukur pada nilai wajar                                                                                        financial assets at fair value
               melalui penghasilan                                                                                                           through other
               komprehensif lain                296,083                      -                (222,638)            73,445          comprehensive income
            Cadangan kerugian
               penurunan nilai aset
               produktif - pinjaman                                                                                          Allowance for impairment losses
               yang diberikan                 5,258,654                53,977                         -         5,312,631        on earning assets - loans
            Cadangan imbalan kerja              659,464                41,475                    97,882           798,821    Allowance for employee benefits
            Cadangan kerugian
               penurunan nilai aset                                                                                                 Allowance for impairment
               produktif - selain                                                                                               losses on earning assets -
               pinjaman yang diberikan          958,979              (136,780)                        -          822,199                  other than loans
            Cadangan hukum,
               kecurangan (fraud)                                                                                                         Allowance for legal,
               dan lainnya                        2,788                 (1,330)                       -             1,458                fraud and others
            Laba yang belum
               direalisasi atas efek                                                                                                           Unrealised gain
               yang diperdagangkan                                                                                                    on trading securities
               dan transaksi derivatif          (76,971)              (63,620)                        -          (140,591)     and derivative transactions
            Amortisasi Aset-Hak-Guna             13,875                 5,483                         -            19,358    Right-of-Use Assets amortization
            Penyusutan aset tetap               (20,199)               24,632                         -             4,433         Depreciation of fixed assets
            Modifikasi arus kas
               kontraktual                                                                                                         Modification of contractual
               pinjaman yang diberikan          393,666                 (8,620)                       -          385,046             cash flows of loans

            Aset pajak tangguhan
              BNI - bersih                    7,486,339               (84,783)                (124,756)         7,276,800      Net deferred tax assets - BNI
            Aset pajak tangguhan                                                                                                   Net deferred tax assets -
              Entitas Anak - bersih             128,145                                                          163,818                    Subsidiaries
            Aset pajak tangguhan                                                                                                           Net consolidated
              konsolidasian - bersih          7,614,484                                                         7,440,618            deferred tax assets



            Manajemen berpendapat bahwa aset pajak                                                Management believes that deferred tax assets
            tangguhan dapat dipulihkan seluruhnya.                                                are fully realisable.

       e.   Surat ketetapan pajak                                                           e.    Tax assessment letters

            Pada tanggal 5 Februari 2018, BNI telah                                               On 5 February 2018, BNI received tax
            menerima Surat Ketetapan Pajak Kurang                                                 assessment for underpayment of tax (SKPKB)
            Bayar (SKPKB) atas PPh Badan untuk tahun                                              which stated that there was an under payment
            fiskal 2015 sebesar Rp2.461.364 (termasuk                                             of corporate income tax for fiscal year 2015
            denda) dan disetujui BNI sebesar Rp162.130.                                           amounting      to    Rp2,461,364     (including
            Pada tanggal 2 Maret 2018, BNI telah                                                  penalties) which was partially agreed by BNI
            melakukan pembayaran sebagian SKPKB                                                   for the amount of Rp162,130. On 2 March
            sebesar Rp1.785.691. Pada tanggal 4 Mei                                               2018, BNI made a partial payment for the
            2018, BNI mengajukan surat keberatan atas                                             amount of Rp1,785,691. On 4 May 2018, BNI
            Surat Ketetapan Pajak Kurang Bayar (SKPKB)                                            submitted Objection Letter for these SKPKB to
            ke Direktorat Jenderal Pajak.                                                         the Directorate General of Tax.




                                                             Halaman - 169 - Page
1380   Transforming the Future, Empowering Indonesia
Page 780
                                            PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                               DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                  FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                         (Expressed in millions of Rupiah, unless otherwise stated)

29. PERPAJAKAN (lanjutan)                                                       29. TAXATION (continued)

    e.   Surat ketetapan pajak (lanjutan)                                           e.      Tax assessment letters (continued)

         Pada tanggal 30 April 2019, BNI menerima                                         On 30 April 2019, BNI received Directorate
         Keputusan Direktorat Jenderal Pajak yang                                        General of Tax decision which partially
         mengabulkan sebagian keberatan BNI dan                                          approved BNI Objection and reduced the
         mengurangkan jumlah pajak yang masih harus                                      SKPKB for fiscal year 2015 (including
         dibayar dalam SKPKB atas PPh Badan untuk                                        penalties) to become Rp1,212,517 which is
         tahun fiskal 2015 (termasuk denda) menjadi                                      partially agreed by BNI amounting to
         Rp1.212.517 dan disetujui BNI sebesar                                           Rp163,628. For the overpayment amounting to
         Rp163.628. Atas kelebihan pembayaran pajak                                      Rp573,174, after less of STP for fiscal year
         di muka sebesar Rp573.174, setelah dikurangi                                    2019 amounting to Rp481, the Bank has
         dengan STP tahun 2019 sebesar Rp481, Bank                                       received a tax refund through compensation
         telah menerima restitusi pajak melalui                                          for corporate income tax in 2019. On 26 July
         kompensasi pembayaran pajak penghasilan                                         2019, BNI submitted the request for appeal on
         badan tahun 2019. Pada tanggal 26 Juli 2019,                                    the above to the Tax Court. On 24 June 2022,
         BNI telah mengajukan permohonan banding                                         BNI received an Appeal Decision from the Tax
         keberatan ke Pengadilan Pajak. Pada tanggal                                     Court which partially granted BNI's appeal and
         24 Juni 2022, BNI menerima Putusan Banding                                      reduced the amount of tax accrued in the
         dari Pengadilan Pajak yang mengabulkan                                          SKPKB on Corporate Income Tax for the 2015
         sebagian banding BNI dan mengurangkan                                           fiscal year (including fines) to Rp789,519. On 5
         jumlah pajak yang masih harus dibayar dalam                                     October 2022, BNI submitted the Judicial
         SKPKB atas PPh Badan untuk tahun fiskal                                         Review to the Supreme Court for the appeal
         2015 (termasuk denda) menjadi Rp789.519.                                        decision. On 30 September 2024, the
         Pada tanggal 5 Oktober 2022, BNI telah                                          Supreme Court issued a decision confirming
         mengajukan upaya hukum Peninjauan Kembali                                       the Tax Court's decision. BNI agreed with the
         ke Mahkamah Agung atas putusan banding                                          result of Judicial Review and charged the tax
         tersebut. Pada tanggal 30 September 2024,                                       payment to the current year profit or loss.
         Mahkamah Agung telah menerbitkan putusan
         yang menguatkan putusan Pengadilan Pajak.
         BNI telah menerima hasil Peninjauan Kembali
         tersebut dan telah membebankan pembayaran
         pajak tersebut pada laba rugi tahun berjalan.


30. EFEK-EFEK YANG DITERBITKAN                                                  30. SECURITIES ISSUED
       
    a. Berdasarkan jenis                                                            a.      By type

                                                         2024                                 2023

                                                Saldo/          Peringkat/         Saldo/            Peringkat/
                                               Balance           Rating *)        Balance             Rating *)

         Global Bond, setelah dikurangi
            biaya penerbitan yang belum                                                                                                     Global Bond, net of
            diamortisasi sebesar Rp1.513                               BBB*)                                          unamortised issuance cost amounting to
            pada tanggal 31 Desember 2024        8,045,987            BBB-**)                 -                   -        Rp1,513 as of 31 December 2024

         Green Bond, setelah dikurangi
            biaya penerbitan yang belum                                                                                                  Green Bond, net of
            diamortisasi sebesar Rp704                                                                             unamortised issuance cost amounting to
            pada tanggal 31 Desember 2024                                                                                 Rp704 as of 31 December 2024
            dan Rp1.720 pada tanggal                                                                                                   and Rp1,720 as of
            31 Desember 2023                     4,928,510          idAAA***)        4,893,357             idAAA*)                    31 December 2023


         Total                                  12,974,497                           4,893,357                                                        Total


         *) S&P                                                                                                                                        S&P *)
         **) Fitch                                                                                                                                    Fitch **)
         ***) Pefindo                                                                                                                                 S&P ***)




                                                             Halaman - 170 - Page                                       2024 Annual Report
                                                                                                      PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                              1381
Page 781
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

  30. EFEK-EFEK YANG DITERBITKAN (lanjutan)                          30. SECURITIES ISSUED (continued)
         
      a. Berdasarkan jenis (lanjutan)                                       a.   By type (continued)

           Obligasi Berwawasan Lingkungan (Green                                 Green Bond I PT Bank Negara Indonesia
           Bond) I PT Bank Negara Indonesia                                      (Persero) Tbk 2022
           (Persero) Tbk Tahun 2022

           Pada tanggal 21 Juni 2022, BNI telah                                  On 21 June 2022, BNI has issued Green Bond
           menerbitkan Obligasi Berwawasan Lingkungan                            I PT Bank Negara Indonesia (Persero) Tbk
           (Green Bond) I PT Bank Negara Indonesia                               2022 (“Green Bond I 2022”) with total amount
           (Persero) Tbk Tahun 2022 (“Green Bond I                               of    Rp5,000,000    which     consists   of
           2022”) dengan nominal sebesar Rp5.000.000                             2 series:
           yang terdiri atas 2 seri:

                                           Nominal/              Kupon/                  Jatuh tempo/         
                                             Amount               Coupon                 Maturity Date

           Obligasi Seri A                       4,000,000                 6.35%         21 Juni/June 2025       Obligation Serie A
           Obligasi Seri B                       1,000,000                 6.85%         21 Juni/June 2027       Obligation Serie B

           Green Bond I 2022 ditawarkan dengan nilai                             Green Bond I 2022 is offered with a value of
           100% (seratus persen) dari jumlah pokok                               100% (one hundred percent) of the principal
           obligasi, dengan kupon dibayarkan setiap                              amount of the bond, with coupons paid
           kuartalan, dan tercatat di Bursa Efek Indonesia                       quarterly, and listed on the Indonesia Stock
           (IDX) pada 22 Juni 2022. Penawaran Umum                               Exchange (IDX) on 22 June 2022. The Green
           Green Bond I 2022 telah mendapatkan Izin                              Bond I 2022 Public Offering has obtained OJK
           Efektif     OJK      melalui     surat     OJK                        Effective Permission through OJK letter No. S-
           No. S-93/D.04/2022 tanggal 10 Juni 2022.                              93/D.04/2022 dated 10 June 2022.

           Pada tanggal 31 Desember 2024, BNI Green                              As of 31 December 2024, BNI Green Bond
           Bond 2022 memiliki nilai bersih sebesar                               2022 had a net value of Rp4,928,510 after
           Rp4.928.510     setelah   dikurangi    biaya                          deducting the unamortised issuance fee of
           penerbitan yang belum diamortisasi sebesar                            Rp704 (31 December 2023, BNI Green Bond
           Rp704 (31 Desember 2023 memiliki nilai                                2022 had a net value of Rp4,893,357 after
           bersih sebesar Rp4.893.357 setelah dikurangi                          deducting the unamortised issuance fee of
           biaya penerbitan yang belum diamortisasi                              Rp1,720).
           sebesar Rp1.720).

           Dana hasil penerbitan obligasi setelah                                The proceeds from the bond issuance after
           dikurangi biaya biaya emisi, seluruhnya akan                          deducting emission costs will be entirely used
           digunakan BNI untuk pembiayaan maupun                                 by BNI to finance and refinance projects in the
           pembiayaan kembali proyek-proyek dalam                                Environmental Based Business Activity
           kategori    Kegiatan   Usaha      Berwawasan                          (hereinafter abbreviated as KUBL or Kegiatan
           Lingkungan (KUBL), yaitu proyek-proyek yang                           Usaha Berwawasan Lingkungan) category,
           berkaitan dengan energi terbarukan, efisiensi                         namely, projects related to renewable
           energi, pengolahan sampah menjadi energi                              energy,energy efficiency, waste processing
           dan manajemen limbah, penggunaan sumber                               into energy, and waste management,
           daya alam dan penggunaan tanah yang                                   sustainable use of natural resources and land
           berkelanjutan, konservasi keanekaragaman                              use, conservation of terrestrial and aquatic
           hayati darat dan air, transportasi ramah                              biodiversity,           environmentally-friendly
           lingkungan, pengelolaan air dan air limbah                            transportation, sustainable management of
           yang berkelanjutan, adaptasi perubahan iklim,                         water and wastewater, adaptation to climate
           gedung     berwawasan      lingkungan,    dan                         change, environmentally sound buildings, and
           pertanian        berkelanjutan,        dengan                         sustainable agriculture, with due observance of
           memperhatikan           Peraturan         OJK                         OJK     Regulation     No.     60/POJK.04/2017
           No. 60/POJK.04/2017 tentang Penerbitan dan                            concerning the Issuance and Terms of Green
           Persyaratan Efek Bersifat Utang Berwawasan                            Bonds.
           Lingkungan (Green Bond).




                                                        Halaman - 171 - Page
1382   Transforming the Future, Empowering Indonesia
Page 782
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

30. EFEK-EFEK YANG DITERBITKAN (lanjutan)                        30. SECURITIES ISSUED (continued)
       
    a. Berdasarkan jenis (lanjutan)                                  a.    By type (continued)

         Obligasi Berwawasan Lingkungan (Green                             Green Bond I PT Bank Negara Indonesia
         Bond) I PT Bank Negara Indonesia                                  (Persero) Tbk 2022 (continued)
         (Persero) Tbk Tahun 2022 (lanjutan)

         BNI telah memperoleh rating idAAA atas                            BNI has obtained idAAA rating results for
         Green Bond I 2022 dari PT Pemeringkat Efek                        Green Bond I 2022 from PT Pemeringkat Efek
         Indonesia (PEFINDO) pada tanggal 8 Maret                          Indonesia (PEFINDO) on 8 March 2024 and
         2024 dan Opini Pihak Kedua yang diberikan                         also Second-party Opinion which has given by
         oleh Sustainalytics pada tanggal 20 September                     Sustainalytics on 20 September 2024.
         2024.

         Obligasi Senior BNI Global Bond 2024                              Senior bond BNI Global Bond 2024

         Pada tanggal 5 April 2024, BNI telah                              On 5 April 2024, BNI has issued USD
         menerbitkan Obligasi Senior denominasi USD,                       denominated Senior Bond, BNI Global Bond
         BNI Global Bond 2024 sebesar nilai nominal                        2024 with total nominal value of USD
         USD 500.000.000 (nilai penuh) dengan tenor 5                      500,000,000 (full amount) with a tenor of 5
         tahun.                                                            years.

         BNI Global Bond 2024 ditawarkan dengan nilai                      BNI Global Bond 2024 was offered with a
         100% (seratus persen) dari nilai pokok obligasi                   value of 100% (one hundred percent) of the
         dengan kupon sebesar 5,28% per tahun yang                         principal amount of the bond, with coupons of
         dibayarkan setiap semester dan tercatat pada                      5.28% (five point twenty-eight percent) per
         Singapore Exchange (SGX) dengan merujuk                           annum which paid semi-annually and listed on
         pada ketentuan Regulation S (”Reg S”)                             the Singapore Exchange (SGX) by referring to
         berdasarkan US Securities Act.                                    the Regulation S ("Reg S") under the US
                                                                           Securities Act.

         Pada tanggal 31 Desember 2024, BNI Global                         As of 31 December 2024, the net value of BNI
         Bond 2024 memiliki nilai bersih sebesar                           Global Bond 2024 was Rp8,045,987 after
         Rp8.045.987    setelah   dikurangi   biaya                        deducting   unamortised    issuance      cost
         penerbitan yang belum diamortisasi sebesar                        amounted Rp1,513.
         Rp1.513.

         Dana hasil penerbitan BNI Global Bond 2024                        The proceeds from the issuance of BNI Global
         akan digunakan untuk keperluan pembiayaan                         Bond 2024 will be allocated for BNI’s financing
         dan pendanaan umum BNI dalam rangka                               and general funding purposes to support
         pengembangan usaha serta peningkatan                              business expansion and optimizing the
         komposisi struktur dana jangka panjang BNI                        composition of the long-term fund structure.

         BNI telah memperoleh hasil pemeringkatan                          BNI has obtained ratings for BNI Global Bond
         atas BNI Global Bond 2024 dari S&P dan Fitch                      2024 from S&P and Fitch with ratings of BBB
         dengan peringkat masing-masing BBB dan                            and BBB-, respectively.
         BBB-.




                                                    Halaman - 172 - Page                             2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1383
Page 783
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                       FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                       31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

  30. EFEK-EFEK YANG DITERBITKAN (lanjutan)                               30. SECURITIES ISSUED (continued)

       b.   Berdasarkan mata uang                                             b.   By currency

                                                          2024                     2023

            Mata uang asing                                                                                       Foreign currencies
            Global Bond,                                                                                                 Global Bond,
              setelah dikurangi diskonto                                                                         net of unamortised
              yang belum diamortisasi sebesar                                                                       discount cost of
              Rp1.513 pada tanggal                                                                                    Rp1,513 as of
              31 Desember 2024                                8,045,987                      -                   31 December 2024

            Rupiah                                                                                                            Rupiah
            Green Bond,                                                                                                  Green Bond,
              setelah dikurangi diskonto                                                                         net of unamortised
              yang belum diamortisasi sebesar                                                                       discount cost of
              Rp704 pada tanggal                                                                                        Rp704 as of
              31 Desember 2024 dan sebesar                                                                   31 December 2024 and
              Rp1.720 pada tanggal                                                                                    Rp1,720 as of
              31 Desember 2023                                4,928,510              4,893,357                   31 December 2023

                                                             12,974,497              4,893,357


       c.   Berdasarkan hubungan                                              c.   By relationship

                                                          2024                     2023
            Pihak berelasi                                                                                           Related parties
              Rupiah                                          1,891,832              1,764,505                             Rupiah


            Pihak ketiga                                                                                                Third parties
              Mata uang asing                                 8,045,987                      -                   Foreign currencies
              Rupiah                                          3,036,678              3,128,852                              Rupiah

                                                             11,082,665              3,128,852

                                                             12,974,497              4,893,357


            Informasi mengenai efek-efek yang diterbitkan                          Information related to securities issued to
            kepada pihak-pihak berelasi diungkapkan                                related parties are disclosed in Note 45m.
            pada Catatan 45m.

       d.   Tingkat suku bunga per tahun                                      d.   Annual interest rates

                                                                            Dolar
                                                                      Amerika Serikat/
                                                       Rupiah         United States Dollar
                                                         %                    %
            2024                                        6.35 - 6.85                  5,28                                       2024
            2023                                        6.35 - 6.85                     -                                       2023




                                                        Halaman - 173 - Page
1384   Transforming the Future, Empowering Indonesia
Page 784
                                       PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                          DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                       FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                       31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA                                              31. BORROWINGS

    a.   Berdasarkan jenis dan mata uang                                   a.   By type and currency

                                                      2024                      2023
         Rupiah                                                                                                                Rupiah
         Pinjaman penerusan                                       53                      53                            Two step loans
         Kredit likuiditas untuk kredit koperasi                                                          Liquidity loan for member of
           primer kepada anggotanya                               914                   914                   primary cooperatives
         Lain-lain                                          2,910,116             1,031,535                                     Others

                                                            2,911,083             1,032,502


         Mata uang asing                                                                                          Foreign currencies
         Pinjaman bilateral                                35,115,128            21,856,207                            Bilateral loans
         Bankers acceptance                                 4,171,560             7,767,787                       Bankers acceptance
         Pinjaman penerusan                                    48,504                51,808                           Two step loans
         Lain-lain                                            685,169               241,304                                    Others

                                                           40,020,361            29,917,106
                                                           42,931,444            30,949,608


         Pinjaman bilateral                                                     Bilateral loans

         BNI memiliki pinjaman bilateral sebagai salah                          BNI has bilateral loan which is one of the
         satu strategi pendanaan Bank untuk menjaga                             Bank’s strategy to maintain funding profile
         komposisi pendanaan jangka pendek dan                                  between short term and long term funding.
         jangka panjang. Termasuk di dalam pinjaman                             Bilateral loans include the following borrowing
         bilateral adalah fasilitas pinjaman di bawah ini:                      facilities:

         a)    Pinjaman bilateral luar negeri dengan                            a)     Offshore bilateral loan with China
               China Development Bank sebesar                                          Development      Bank     amounting      to
               USD700.000.000 (nilai penuh) dengan                                     USD700,000,000 (full amount) with tenure
               jangka waktu pinjaman selama 10 tahun                                   of 10 years and with interest rate of 6-
               serta tingkat suku bunga LIBOR 6 bulan                                  month LIBOR plus a certain margin per
               ditambah margin tertentu per tahun dan                                  annum and will mature on 16 September
               akan jatuh tempo pada tanggal 16                                        2025. Regarding to the LIBOR transition,
               September 2025. Sehubungan dengan                                       the Bank had amended the agreement for
               adanya transisi LIBOR, Bank telah                                       the use of reference rate from 6-month
               melakukan      amandemen       perjanjian                               LIBOR plus a certain margin per annum to
               penggunaan reference rate dari LIBOR 6                                  6-month SOFR plus a certain margin per
               bulan ditambah margin tertentu per tahun                                annum which already applies. As of 31
               menjadi SOFR 6 bulan ditambah margin                                    December 2024 and 2023, outstanding
               tertentu per tahun yang telah berlaku.                                  loan less unamortised issuance costs
               Pada tanggal 31 Desember 2024 dan                                       amounted to USD93,392,840 (full amount)
               2023, saldo pinjaman setelah dikurangi                                  or equivalent to Rp1,503,158 and
               dengan biaya penerbitan yang belum                                      USD186,736,438      (full   amount)      or
               diamortisasi masing-masing sebesar                                      equivalent to Rp2,875,182, respectively.
               USD93.392.840 (nilai penuh) atau
               ekuivalen        Rp1.503.158         dan
               USD186.736.438 (nilai penuh) atau
               ekuivalen Rp2.875.182.




                                                    Halaman - 174 - Page                                     2024 Annual Report
                                                                                           PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                    1385
Page 785
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  31. PINJAMAN YANG DITERIMA (lanjutan)                             31. BORROWINGS (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

            Pinjaman bilateral (lanjutan)                                     Bilateral loans (continued)

            b)   Pinjaman bilateral luar negeri dengan                        b)   Offshore bilateral loan with China
                 China     Development      Bank   sebesar                         Development      Bank     amounting   to
                 USD189.000.000 (nilai penuh) dengan                               USD189,000,000 (full amount) with tenure
                 jangka waktu pinjaman selama 10 tahun                             of 10 years and with interest rate of 6-
                                                                                   month LIBOR plus a certain margin per
                 serta tingkat suku bunga LIBOR 6 bulan                            annum and will mature on 16 September
                 ditambah margin tertentu per tahun dan                            2025. Regarding to the LIBOR transition,
                 akan jatuh tempo pada tanggal 16                                  the Bank had amended the agreement for
                 September 2025. Sehubungan dengan                                 the use of reference rate from 6-month
                 adanya transisi LIBOR, Bank telah                                 LIBOR plus a certain margin per annum to
                 melakukan        amandemen       perjanjian                       6-month SOFR plus a certain margin per
                 penggunaan reference rate dari LIBOR 6                            annum which already applies. As of
                 bulan ditambah margin tertentu per tahun                          31 December 2024 and 2023, outstanding
                 menjadi SOFR 6 bulan ditambah margin                              loan less unamortised issuance costs
                                                                                   amounted to USD37,698,436 (full amount)
                 tertentu per tahun yang telah berlaku.                            or equivalent      to Rp606,756 and
                 Pada tanggal 31 Desember 2024 dan                                 USD75,369,011       (full  amount)    or
                 2023, saldo pinjaman setelah dikurangi                            equivalent to Rp1,160,457.
                 dengan biaya penerbitan yang belum
                 diamortisasi     masing-masing    sebesar
                 USD37.698.436       (nilai  penuh)    atau
                 ekuivalen Rp606.756 dan USD75.369.011
                 (nilai penuh) atau ekuivalen Rp1.160.457.

            c)   Pada tanggal 25 November 2019, BNI                           c)   On 25 November 2019, BNI obtained
                 memperoleh fasilitas pinjaman bilateral                           offshore bilateral loan with CTBC Bank
                 luar negeri dengan CTBC Bank Co. Ltd.,                            Co. Ltd., MUFG Bank Ltd., Standard
                 MUFG Bank Ltd., Standard Chartered                                Chartered       Bank     (Singapore)  Ltd.,
                 Bank (Singapore) Ltd., Sumitomo Mitsui                            Sumitomo Mitsui Banking Corporation
                 Banking Corporation Singapore Branch,                             Singapore Branch, and United Overseas
                 dan United Overseas Bank Ltd. sebagai                             Bank Ltd. as Mandated Lead Arrangers &
                 Mandated Lead Arrangers & Bookrunners                             Bookrunners             amounting        to
                 senilai USD750.000.000 (nilai penuh)                              USD750,000,000 (full amount) which was
                 yang terbagi dalam dua tranche, yaitu                             split into two tranches, tranche A and
                 tranche A dan tranche B. Tranche A                                tranche B. Tranche A amounting to
                 sebesar USD375.000.000 (nilai penuh)                              USD375,000,000 (full amount) with tenure
                 dengan jangka waktu 42 bulan serta                                of 42 months with interest rate of 3-month
                 tingkat suku bunga LIBOR 3 bulan                                  LIBOR plus a certain margin per annum
                 ditambah margin tertentu per tahun dan                            has matured on 25 May 2023, while
                 telah jatuh tempo pada tanggal 25 Mei                             tranche B amounting to USD375,000,000
                 2023, sedangkan tranche B sebesar                                 (full amount) with tenure of 60 months
                 USD375.000.000 (nilai penuh) dengan                               with interest of 3-month LIBOR plus a
                 jangka waktu 60 bulan serta tingkat suku                          certain margin per annum has matured on
                 bunga LIBOR 3 bulan ditambah margin                               25 November 2024. Standard Chartered
                 tertentu per tahun dan telah jatuh tempo                          Bank (Hong Kong) Ltd acted as the Agent
                 pada tanggal 25 November 2024.                                    for this loan facility.
                 Standard Chartered Bank (Hong Kong)
                 Ltd. bertindak sebagai Agen untuk fasilitas
                 pinjaman ini.




                                                       Halaman - 175 - Page
1386   Transforming the Future, Empowering Indonesia
Page 786
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA (lanjutan)                            31. BORROWINGS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

         Pinjaman bilateral (lanjutan)                                     Bilateral loans (continued)

         c)   Pada tanggal 25 Februari 2020, BNI                           c)   On 25 February 2020, BNI obtained
              memperoleh fasilitas tambahan fasilitas                           additional offshore bilateral loan with
              pinjaman           bilateral        senilai                       amounting to USD220,000,000 (full
              USD220.000.000 (nilai penuh) yang                                 amount) split into two tranches, tranche A
              terbagi dalam dua tranche, yaitu tranche A                        and tranche B. Tranche A obtained
              dan tranche B. Tranche A mendapat                                 additional amounting to USD135,000,000
              tambahan sebesar USD135.000.000 (nilai                            (full amount) with tenure of 39 months
              penuh) dengan jangka waktu 39 bulan                               with interest of 3 months LIBOR plus a
              serta tingkat suku bunga LIBOR 3 bulan                            certain margin per annum and has
              ditambah margin tertentu per tahun dan                            matured on 25 May 2023. While tranche B
              telah tempo pada tanggal 25 Mei 2023.                             obtained     additional    amounting     to
              Sedangkan       tranche      B     sebesar                        USD85,000,000 (full amount) with tenure
              USD85.000.000 (nilai penuh) dengan                                of 57 months with interest rate of 3
              jangka waktu 57 bulan serta tingkat suku                          months LIBOR plus a certain margin per
              bunga LIBOR 3 bulan ditambah margin                               annum and has matured on 25 November
              tertentu per tahun dan telah jatuh tempo                          2024 and was not renewed.
              pada tanggal 25 November 2024 dan
              tidak diperpanjang.

              Sehubungan dengan adanya transisi                                 Regarding to the LIBOR transition, the
              LIBOR,       Bank     telah     melakukan                         Bank had amended the agreement for the
              amendemen        perjanjian   penggunaan                          use of reference rate from 3-month LIBOR
              reference rate dari LIBOR         3 bulan                         plus a certain margin per annum to 3-
              ditambah margin tertentu per tahun                                month SOFR plus a certain margin per
              menjadi SOFR 3 bulan ditambah margin                              annum which already applies.
              tertentu per tahun yang telah berlaku.

              Pada tanggal 31 Desember 2024 dan                                 As of 31 December 2024 and 2023,
              2023, saldo pinjaman setelah dikurangi                            outstanding loan less unamortised
              dengan biaya penerbitan yang belum                                issuance       costs       amounted      to
              diamortisasi  masing-masing   sebesar                             USDnil or equivalent to Rpnil and
              USDnihil atau ekuivalen Rpnihil dan                               USD457,405,333       (full   amount)     or
              USD457.405.333 (nilai penuh) atau                                 equivalent to Rp7,042,668, respectively.
              ekuivalen Rp7.042.668.

         d.   BNI, melalui BNI cabang Singapura dan                        d.   BNI, through Singapore and London
              London memiliki pinjaman bilateral luar                           branches, has offshore bilateral loan with
              negeri dengan konsorsium bank yang                                consortium of banks consisting of Bank of
              terdiri dari Bank of China (Hong Kong)                            Bank of China (Hong Kong) Limited,
              Limited, CTBC Bank Co., LTD, CITI                                 CTBC Bank Co., LTD, CITI Group Global
              Group Global Market Asia Limited,                                 Market Asia Limited, Oversea-Chinese
              Oversea-Chinese Banking Corporation                               Banking Corporation Limited, dan United
              Limited, dan United Overseas Bank                                 Overseas Bank Limited amounting to
              Limited sebesar USD500.000.000 (nilai                             USD500,000,000 (full amount) with tenure
              penuh) dengan jangka waktu pinjaman                               of 3 years and with interest of SOFR plus
              selama 3 tahun dengan tingkat suku                                a certain margin per annum and will
              bunga SOFR ditambah margin tertentu                               mature on 28 September 2025. As of
              per tahun dan akan jatuh tempo pada                               31 December 2024 and 2023, the
              tanggal 28 September 2025. Pada tanggal                           outstanding loan balance under this
              31 Desember 2024 dan 2023, saldo                                  facility amounted to USD500,000,000 (full
              pinjaman     fasilitas tersebut   setelah                         amount) or equivalent to Rp8,047,500 and
              dikurangi biaya yang belum diamortisasi                           to USD500,000,000 (full amount) or
              masing-masing sebesar USD500.000.000                              equivalent to Rp7,698,500.
              (nilai penuh) atau ekuivalen Rp8.047.500
              dan USD500.000.000 (nilai penuh) atau
              ekuivalen Rp7.698.500.




                                                    Halaman - 176 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1387
Page 787
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  31. PINJAMAN YANG DITERIMA (lanjutan)                             31. BORROWINGS (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

            Pinjaman bilateral (lanjutan)                                     Bilateral loans (continued)

            e)   Pada tanggal 22 November 2023, BNI                           e)   On 22 November 2023, BNI obtained
                 memperoleh fasilitas pinjaman bilateral                           onshore bilateral loan with MUFG Bank,
                 dalam negeri dengan MUFG Bank, Ltd.                               Ltd. amounting to USD200,000,000 (full
                 senilai USD200.000.000 (nilai penuh)                              amount) with a tenure of 3 years. Interest
                 dengan jangka waktu 3 tahun. Tingkat                              rate of the borrowing is a fixed interest
                 suku bunga pinjaman adalah suku bunga                             rate of 6% per annum for the first year,
                 tetap 6% per tahun untuk tahun pertama,                           and then a floating interest rate using 3-
                 dan selanjutnya menjadi tingkat suku                              month SOFR plus a certain margin per
                 bunga        mengambang         dengan                            year. This loan facility will mature on 20
                 menggunakan SOFR 3 bulan ditambah                                 November 2026. As of 31 December
                 margin tertentu per tahun. Fasilitas ini                          2024, the outstanding loan balance under
                 akan jatuh tempo pada tanggal 20                                  this facility amounted to USD200,000,000
                 November 2026. Pada tanggal 31                                    (full amount) or equivalent to Rp3,219,000
                 Desember 2024, saldo pinjaman fasilitas                           (31 December 2023: USD200,000,000
                 tersebut sebesar USD200.000.000 (nilai                            (full    amount)     or    equivalent    to
                 penuh) atau ekuivalen Rp3.219.000 (31                             Rp3,079,400).
                 Desember 2023: USD200.000.000 (nilai
                 penuh) atau ekuivalen Rp3.079.400).

                 Persyaratan-persyaratan penting (financial                        The significant requirements (financial
                 covenants) dalam perjanjian pinjaman                              covenants) in the Bank’s loan agreement
                 Bank antara lain:                                                 include the following:
                 •   Rasio Non-Performing Loan (NPL)                                •   Non-Performing Loan (NPL) ratio
                     maksimum 5%.                                                       maximum of 5%.
                 •   Nilai Capital Adequacy Ratio (CAR)                             •   Capital Adequacy Ratio (CAR)
                     minimum 9% atau sesuai dengan                                      minimum 9% or according to the
                     ketentuan regulasi yang berlaku.                                   applicable regulation.
                 •   Nilai Rasio Modal Inti (Tier 1 Ratio)                          •   Tier 1 Ratio minimum of 6%.
                     minimum 6%.
                 •   Nilai Rasio Modal Inti Utama (Core                            •   Core Tier 1 Ratio minimum of 5%.
                     Tier 1 Ratio) minimum 5%.
                 •   Rasio Return on Average Assets                                •   Return on Average Assets ratio
                     minimum 0,6%, dengan ketentuan                                    minimum of 0.6%, provided that
                     bahwa jika nilai Capital Adequacy                                 Capital Adequacy Ratio (CAR) is
                     Ratio (CAR) sama dengan atau lebih                                equal to or greater than 12.5%.
                     besar dari 12,5%.

                 Pada    tahun    yang    berakhir    pada                         During the years ended 31 December
                 31 Desember 2024 dan 2023, Bank telah                             2024 and 2023, the Bank has fulfilled the
                 memenuhi persyaratan penting yang                                 terms required set forth in the agreements.
                 dipersyaratkan dalam perjanjian ini.




                                                       Halaman - 177 - Page
1388   Transforming the Future, Empowering Indonesia
Page 788
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA (lanjutan)                            31. BORROWINGS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)
         Pinjaman bilateral (lanjutan)                                     Bilateral loans (continued)
         f)   Pada tanggal 16 Oktober 2024, BNI                            f)   On 16 October 2024, BNI obtained an
              memperoleh fasilitas pinjaman bilateral                           additional bilateral loan facility with MUFG
              tambahan dengan MUFG Bank, Ltd.                                   Bank, Ltd. worth USD100,000,000 (full
              senilai USD100.000.000 (nilai penuh)                              amount) with a term of 4 years calculated
              dengan jangka waktu 4 tahun dihitung dari                         from the drawdown date. The interest rate
              tanggal penarikan. Tingkat suku bunga                             of the loan is based on the SOFR floating
              pinjaman menggunakan acuan tingkat                                interest rate, plus a certain margin. The
              suku    bunga     mengambang       SOFR                           drawdown of this loan was approved on
              ditambah margin tertentu. Penarikan atas                          18 October 2024 and will mature on 18
              pinjaman ini dilakukan pada tanggal 18                            October 2028. As of 31 December 2024,
              Oktober 2024 dan akan jatuh tempo pada                            the balance of the loan facility amounted
              tanggal 18 Oktober 2028. Pada tanggal 31                          to USD99,433,300 (full amount) or
              Desember 2024, saldo pinjaman fasilitas                           equivalent to Rp1,600,379.
              tersebut sebesar USD99.433.300 (nilai
              penuh) atau ekuivalen Rp1.600.379.
              Persyaratan-persyaratan penting (financial                        The significant requirements (financial
              covenants) dalam perjanjian pinjaman                              covenants) in the Bank’s loan
              Bank antara lain:                                                 agreement include the following:
              • Rasio Non-Performing Loan (NPL)                                 •   Non-Performing Loan (NPL) Net
                  Neto maksimum 5%.                                                 ratio maximum of 5%.
              • Nilai Capital Adequacy Ratio (CAR)                              •   Capital Adequacy Ratio (CAR)
                  minimum 9,9% atau sesuai dengan                                   minimum 9.9% or according to the
                  ketentuan regulasi yang berlaku.                                  applicable regulation.
              Pada    tahun    yang    berakhir    pada                         During the years ended 31 December
              31 Desember 2024 dan 2023, Bank telah                             2024 and 2023, the Bank has fulfilled
              memenuhi persyaratan penting yang                                 the terms required set forth in the
              dipersyaratkan dalam perjanjian ini.                              agreements.
         g)   Pada tanggal 8 November 2024, BNI                            g)   On 8 November 2024, BNI obtained a
              memperoleh fasilitas pinjaman dengan                              loan facility with a consortium of banks
              konsorsium bank yang terdiri dari Bank of                         consisting of Bank of America, CIMB
              America, CIMB Bank Berhad, CTBC Bank                              Bank Berhad, CTBC Bank Co., LTD.,
              Co.,LTD., DBS Bank LTD., Oversea-                                 DBS Bank LTD., Oversea-Chinese
              Chinese Banking Corporation Limited, dan                          Banking Corporation Limited, and The
              The Hongkong and Shanghai Banking                                 Hongkong and Shanghai Banking
              Corporation     Limited    sebesar   USD                          Corporation Limited amounting to USD
              600.000.000 (nilai penuh) dengan jangka                           600,000,000 (full amount) with a loan
              waktu pinjaman selama 4 tahun dengan                              term of 4 years and SOFR floating
              tingkat suku bunga mengambang SOFR                                interest rate plus a certain margin per
              ditambah margin tertentu per tahun.                               year. The withdrawal of this loan was
              Penarikan atas pinjaman ini dilakukan                             approved on 20 November 2024 and
              pada tanggal 20 November 2024 dan                                 will mature on 20 August 2028. As of 31
              akan jatuh tempo pada 20 Agustus 2028.                            December 2024, the balance of the
              Pada tanggal 31 Desember 2024, saldo                              loan facility after deducting unamortized
              pinjaman     fasilitas  tersebut   setelah                        costs amounted to USD 595,579,612
              dikurangi biaya yang belum diamortisasi                           (full   amount)      or    equivalent  to
              masing-masing sebesar USD595.579.612                              Rp9,585,854.
              (nilai penuh) atau ekuivalen Rp9.585.854.
              Persyaratan-persyaratan penting (financial                        The significant requirements (financial
              covenants) dalam perjanjian pinjaman                              covenants) in the Bank’s loan
              Bank antara lain:                                                 agreement include the following:
              • Rasio Non-Performing Loan (NPL)                                 •   Non-Performing Loan (NPL) Net
                  Neto maksimum 5%.                                                 ratio maximum of 5%.
              • Nilai Capital Adequacy Ratio (CAR)                              •   Capital Adequacy Ratio (CAR)
                  minimum 9,9% atau sesuai dengan                                   minimum 9.9% or according to the
                  ketentuan regulasi yang berlaku.                                  applicable regulation.
              Pada    tahun    yang    berakhir    pada                         During the years ended 31 December
              31 Desember 2024 dan 2023, Bank telah                             2024 and 2023, the Bank has fulfilled
              memenuhi persyaratan penting yang                                 the terms required set forth in the
              dipersyaratkan dalam perjanjian ini.                              agreements.


                                                    Halaman - 178 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1389
Page 789
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  31. PINJAMAN YANG DITERIMA (lanjutan)                             31. BORROWINGS (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

            Pinjaman bilateral (lanjutan)                                     Bilateral loans (continued)

            h)   Pada tanggal 1 Agustus 2024, BNI                             h)   On 1 August 2024, BNI obtained a loan
                 memperoleh fasilitas pinjaman dengan                              facility with Caixabank, SA worth
                 Caixabank, S.A. senilai USD25.000.000                             USD25,000,000 (full amount) with a
                 (nilai penuh) dengan jangka waktu 6 bulan.                        term of 6 months. The withdrawal of this
                 Penarikan atas pinjaman ini dilakukan                             loan was approved on 2 August 2024
                 pada tanggal 2 Agustus 2024 dan akan                              and will mature on 3 February 2025. The
                 jatuh tempo pada tanggal 3 Februari 2025.                         interest rate on the loan uses the SOFR
                 Tingkat      suku         bunga       pinjaman                    floating interest rate as a reference plus
                 menggunakan acuan tingkat suku bunga                              a certain margin that will be paid in full at
                 mengambang SOFR ditambah margin                                   maturity. As of 31 December 2024, the
                 tertentu     yang        akan       dibayarkan                    balance of the loan facility was
                 sepenuhnya saat jatuh tempo. Pada                                 USD25,000,000         (full  amount)       or
                 tanggal 31 Desember 2024, saldo                                   equivalent to Rp402,375.
                 pinjaman     fasilitas     tersebut    sebesar
                 USD25.000.000         (nilai    penuh)     atau
                 ekuivalen Rp402.375.

            i)   Pada tanggal 2 Agustus 2024, BNI                             i)   On 2 August 2024, BNI obtained a loan
                 memperoleh fasilitas pinjaman dengan                              facility with Emirates NBD Bank
                 Emirates NBD Bank (P.J.S.C) senilai                               (P.J.S.C) worth USD100,000,000 (full
                 USD100.000.000 (nilai penuh) dengan                               amount) with a term of 6 months. The
                 jangka waktu 6 bulan. Penarikan atas                              withdrawal of this loan was approved on
                 pinjaman ini dilakukan pada tanggal 5                             5 August 2024 and will mature on 31
                 Agustus 2024 dan akan jatuh tempo pada                            January 2025. The interest rate on the
                 tanggal 31 Januari 2025. Tingkat suku                             loan uses the SOFR floating interest rate
                 bunga pinjaman menggunakan acuan                                  as a reference plus a certain margin that
                 tingkat suku bunga mengambang SOFR                                will be paid in full at maturity. As of 31
                 ditambah margin tertentu yang akan                                December 2024, the balance of the loan
                 dibayarkan sepenuhnya saat jatuh tempo.                           facility was USD100,000,000 (full
                 Pada tanggal 31 Desember 2024, saldo                              amount) or equivalent to Rp1,609,500.
                 pinjaman fasilitas tersebut sebesar
                 USD100.000.000 (nilai penuh) atau
                 ekuivalen Rp1.609.500.

            j)   Pada tanggal 5 Agustus 2024, BNI                             j)   On 5 August 2024, BNI obtained a loan
                 memperoleh fasilitas pinjaman dengan                              facility with Wells Fargo Bank National
                 Wells Fargo Bank National Association                             Association worth USD20,000,000 (full
                 senilai USD20.000.000 (nilai penuh)                               amount) with a term of 6 months. The
                 dengan jangka waktu 6 bulan. Penarikan                            withdrawal of this loan was approved on
                 atas pinjaman ini dilakukan pada tanggal 7                        7 August 2024 and will mature on 3
                 Agustus 2024 dan akan jatuh tempo pada                            February 2025. The interest rate of the
                 tanggal 3 Februari 2025. Tingkat suku                             loan uses the SOFR floating interest rate
                 bunga pinjaman menggunakan acuan                                  as a reference plus a certain margin that
                 tingkat suku bunga mengambang SOFR                                will be paid in full at maturity. As of 31
                 ditambah margin tertentu yang akan                                December 2024, the balance of the loan
                 dibayarkan sepenuhnya saat jatuh tempo.                           facility was USD20,000,000 (full amount)
                 Pada tanggal 31 Desember 2024, saldo                              or equivalent to Rp321,900.
                 pinjaman    fasilitas     tersebut   sebesar
                 USD20.000.000        (nilai    penuh)   atau
                 ekuivalen Rp321.900.




                                                       Halaman - 179 - Page
1390   Transforming the Future, Empowering Indonesia
Page 790
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA (lanjutan)                            31. BORROWINGS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

         Pinjaman bilateral (lanjutan)                                     Bilateral loans (continued)

         k)   BNI,      melalui   BNI     cabang     Tokyo                 k)   BNI, through BNI Tokyo branch, obtained
              memperoleh fasilitas pinjaman bilateral                           a bilateral offshore loan facility with
              luar negeri dengan MUFG Bank, Ltd.                                MUFG Bank, Ltd. with a maximum facility
              dengan            maksimum           fasilitas                    of USD100,000,000 (full amount). The
              USD100.000.000 (nilai penuh). Tingkat                             interest rate of the loan uses the SOFR
              suku bunga pinjaman menggunakan                                   floating interest rate as a reference plus
              acuan tingkat suku bunga mengambang                               a certain margin. This facility has been
              SOFR ditambah margin tertentu. Fasilitas                          used on 30 December 2024 and 29
              ini telah digunakan pada tanggal 30                               November        2024,      amounting    to
              Desember 2024 dan 29 November 2024                                USD50,000,000 and USD25,000,000,
              masing-masing sebesar USD50.000.000                               respectively. This facility has a maximum
              dan USD25.000.000. Fasilitas ini memiliki                         maturity of 3 months from the date of
              jatuh tempo maksimal 3 bulan sejak                                withdrawal of each loan, namely on 31
              tanggal       penarikan       masing-masing                       March 2025 and 28 February 2025. As of
              pinjaman, yaitu pada tanggal 31 Maret                             31 December 2024, the loan balance of
              2025 dan 28 Februari 2025. Pada tanggal                           the facility was USD75,000,000 (full
              31 Desember 2024, saldo pinjaman                                  amount) or equivalent to Rp1,207,125.
              fasilitas    tersebut     adalah    sebesar
              USD75.000.000        (nilai   penuh)    atau
              ekuivalen Rp1.207.125.

         l)   BNI, melalui BNI cabang Singapura                            l)   BNI, through BNI Singapore branch,
              memperoleh fasilitas pinjaman bilateral                           obtained a bilateral offshore loan facility
              luar negeri dengan Emirates NBD Bank                              with Emirates NBD Bank (P.J.S.C) of
              (P.J.S.C) sebesar USD50.000.000 (nilai                            USD50,000,000 (full amount) and a
              penuh) dan jatuh tempo maksimal 9 bulan                           maximum maturity of 9 months from the
              sejak tanggal penarikan masing-masing                             date of withdrawal of each loan. The loan
              pinjaman. Tingkat suku bunga pinjaman                             interest rate uses the SOFR floating
              menggunakan acuan tingkat suku bunga                              interest rate as a reference plus a certain
              mengambang SOFR ditambah margin                                   margin. The withdrawal of this loan
              tertentu. Penarikan atas fasilitas pinjaman                       facility was approved on 21 June 2024
              ini dilakukan pada tanggal 21 June 2024                           and will mature on 18 March 2025. As of
              dan akan jatuh tempo pada tanggal 18                              31 December 2024, the loan balance of
              Maret 2025. Pada tanggal 31 Desember                              the facility was USD50,000,000 (full
              2024, saldo pinjaman fasilitas tersebut                           amount) or equivalent to Rp804,750.
              adalah sebesar USD50.000.000 (nilai
              penuh) atau ekuivalen Rp804.750.

         m) BNI, melalui BNI cabang Singapura                              m) BNI, through BNI Singapore branch,
            memperoleh fasilitas pinjaman bilateral                           obtained a bilateral overseas loan facility
            luar negeri dengan Australia and New                              with Australia and New Zealand Banking
            Zealand Banking Group Limited sebesar                             Group        Limited        amounting    to
            AUD78.840.402 (nilai penuh) dan jatuh                             AUD78,840,402 (full amount) and a
            tempo maksimal 1 tahun sejak tanggal                              maximum maturity of 1 year from the
            penarikan pinjaman. Tingkat suku bunga                            date of loan withdrawal. The loan interest
            pinjaman menggunakan acuan tingkat                                rate uses the Bank Bill Swap Rate
            suku bunga Bank Bill Swap Rate (BBSY)                             (BBSY) interest rate as a reference plus
            ditambah margin tertentu. Penarikan atas                          a certain margin. The withdrawal of this
            fasilitas pinjaman ini dilakukan pada                             loan facility was made on 19 December
            tanggal 19 Desember 2024 dan akan jatuh                           2024 and will mature on 19 December
            tempo pada tanggal 19 Desember 2025.                              2025. As of 31 December 2024, the loan
            Pada tanggal 31 Desember 2024, saldo                              balance       of     the      facility was
            pinjaman fasilitas tersebut adalah sebesar                        AUD78,840,402         (full    amount)   or
            AUD78.840.402        (nilai  penuh)   atau                        equivalent to Rp789,469.
            ekuivalen Rp789.469.




                                                    Halaman - 180 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1391
Page 791
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  31. PINJAMAN YANG DITERIMA (lanjutan)                             31. BORROWINGS (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

            Pinjaman bilateral (lanjutan)                                     Bilateral loans (continued)

            n)   BNI, melalui BNI cabang Singapura                            n)   BNI, through BNI Singapore branch,
                 memperoleh fasilitas pinjaman bilateral                           obtained a bilateral overseas loan facility
                 luar negeri dengan United Overseas Bank                           with United Overseas Bank Limited
                 Limited sebesar SGD90.000.000 (nilai                              amounting to SGD90,000,000 (full
                 penuh) dan jatuh tempo maksimal 359 hari                          amount) and a maximum maturity of 359
                 sejak tanggal penarikan pinjaman. Tingkat                         days from the date of loan withdrawal.
                 suku bunga pinjaman menggunakan                                   The loan interest rate uses the
                 acuan tingkat suku bunga Singapore                                Singapore Overnight Rate Average
                 Overnight     Rate   Average     (SORA).                          (SORA) interest rate as a reference. The
                 Penarikan atas fasilitas pinjaman ini                             withdrawal of this loan facility was made
                 dilakukan pada tanggal 1 April 2024 dan                           on 1 April 2024 and will mature on 26
                 akan jatuh tempo pada tanggal 26 Maret                            March 2025. As of 31 December 2024,
                 2025. Pada tanggal 31 Desember 2024,                              the loan balance of the facility was
                 saldo pinjaman fasilitas tersebut adalah                          SGD90,000,000        (full  amount)      or
                 sebesar SGD90.000.000 (nilai penuh) atau                          equivalent to Rp1,066,012.
                 ekuivalen Rp1.066.012.

            o)   BNI, melalui BNI cabang Hongkong                             o)   BNI, through BNI Hongkong branch,
                 memperoleh fasilitas pinjaman bilateral                           obtained a bilateral offshore loan facility
                 luar negeri dengan MUFG Bank, Ltd.                                with MUFG Bank, Ltd. with a maximum
                 dengan       maksimum        fasilitas  USD                       facility of USD 100,000,000 (full amount).
                 100.000.000 (nilai penuh). Tingkat suku                           The loan interest rate uses the SOFR
                 bunga pinjaman menggunakan acuan                                  floating interest rate as a reference plus
                 tingkat suku bunga mengambang SOFR                                a certain margin. This facility has been
                 ditambah margin tertentu. Fasilitas ini telah                     used on 22 October 2024, 6 November
                 digunakan pada tanggal 22 Oktober 2024,                           2024 and 3 December 2024, amounting
                 6 November 2024 dan 3 Desember 2024                               to USD60,000,000, USD20,000,000 and
                 masing-masing sebesar USD60.000.000,                              USD20,000,000,        respectively.   This
                 USD20.000.000 dan USD20.000.000.                                  facility has a maximum maturity of 3
                 Fasilitas ini memiliki jatuh tempo maksimal                       months from the date of withdrawal of
                 3 bulan sejak tanggal penarikan masing-                           each loan, namely on 22 January 2025,
                 masing pinjaman, yaitu pada tanggal 22                            6 February 2025 and 3 March 2025. As
                 Januari 2025, 6 Februari 2025 dan 3 Maret                         of 31 December 2024, the loan balance
                 2025. Pada tanggal 31 Desember 2024,                              of the facility was USD100,000,000 (full
                 saldo pinjaman fasilitas tersebut adalah                          amount) or equivalent to Rp1,609,500.
                 sebesar USD100.000.000 (nilai penuh)
                 atau ekuivalen Rp1.609.500.

            p)   BNI, melalui BNI cabang Hongkong                             p)   BNI, through BNI Hongkong branch,
                 memperoleh fasilitas pinjaman bilateral                           obtained a bilateral overseas loan facility
                 luar negeri dengan China Construction                             with China Construction Bank (Asia)
                 Bank (Asia) Corporation Limited dengan                            Corporation Limited with a maximum
                 maksimum fasilitas USD100.000.000 (nilai                          facility of USD100,000,000 (full amount).
                 penuh). Tingkat suku bunga pinjaman                               The loan interest rate uses the SOFR
                 menggunakan acuan tingkat suku bunga                              floating interest rate as a reference plus
                 mengambang SOFR ditambah margin                                   a certain margin. This facility has been
                 tertentu. Fasilitas ini telah digunakan pada                      used on 26 June 2024 and 26 July 2024,
                 tanggal 26 Juni 2024 dan 26 Juli 2024                             amounting to USD10,000,000 and
                 masing-masing sebesar USD10.000.000                               USD90,000,000,         respectively.  This
                 dan USD90.000.000. Fasilitas ini memiliki                         facility has a maximum maturity of 1 year
                 jatuh tempo maksimal 1 tahun sejak                                from the date of withdrawal of each loan,
                 tanggal      penarikan         masing-masing                      namely on 26 June 2025 and 26 July
                 pinjaman, yaitu pada tanggal 26 Juni 2025                         2025. As of 31 December 2024, the loan
                 dan 26 Juli 2025. Pada tanggal 31                                 balance       of     the    facility  was
                 Desember 2024, saldo pinjaman fasilitas                           USD100,000,000 (full amount) or
                 tersebut adalah sebesar USD100.000.000                            equivalent to Rp1,609,500.
                 (nilai penuh) atau ekuivalen Rp1.609.500.




                                                       Halaman - 181 - Page
1392   Transforming the Future, Empowering Indonesia
Page 792
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA (lanjutan)                            31. BORROWINGS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

         Pinjaman bilateral (lanjutan)                                     Bilateral loans (continued)

         q)   BNI, melalui BNI cabang Hongkong                             q)   BNI, through BNI Hongkong branch,
              memperoleh fasilitas pinjaman bilateral                           obtained a bilateral offshore loan facility
              luar negeri dengan The Hongkong and                               with The Hongkong and Shanghai
              Shanghai Banking Corporation Limited                              Banking Corporation Limited with a
              dengan         maksimum          fasilitas                        maximum facility of USD50,000,000 (full
              USD50.000.000 (nilai penuh). Tingkat                              amount). The loan interest rate uses the
              suku bunga pinjaman menggunakan                                   SOFR floating interest rate as a
              acuan tingkat suku bunga mengambang                               reference plus a certain margin. This
              SOFR ditambah margin tertentu. Fasilitas                          facility has been used on 27 December
              ini telah digunakan pada tanggal 27                               2024 in the amount of USD50,000,000
              Desember 2024 sebesar USD50.000.000                               and will mature on 22 December 2025.
              dan akan jatuh tempo pada 22 Desember                             As of 31 December 2024, the loan
              2025. Pada tanggal 31 Desember 2024,                              balance of the facility is USD50,000,000
              saldo pinjaman fasilitas tersebut adalah                          (full amount) or equivalent to Rp804,750.
              sebesar USD50,000,000 (nilai penuh) atau
              ekuivalen Rp804.750.

         r)   BNI,     melalui    BNI     cabang   Seoul                   r)   BNI, through BNI Seoul branch, obtained
              memperoleh fasilitas pinjaman bilateral                           a bilateral overseas loan facility with
              luar negeri dengan Shinhan Bank Co., Ltd.                         Shinhan Bank Co., Ltd. with a maximum
              dengan            maksimum         fasilitas                      facility of KRW30,000,000,000 (full
              KRW30.000.000.000          (nilai  penuh).                        amount). This facility has been used on
              Fasilitas ini telah digunakan pada tanggal                        25 June 2024 in the amount of
              25         Juni         2024       sebesar                        KRW30,000,000,000. This facility has a
              KRW30.000.000.000. Fasilitas ini memiliki                         maximum maturity of 1 year from the
              jatuh tempo maksimal 1 tahun sejak                                date of withdrawal, namely on 25 May
              tanggal penarikan, yaitu pada tanggal 25                          2025. As of 31 December 2024, the loan
              Mei 2025. Pada tanggal 31 Desember                                balance      of   the      facility was
              2024, saldo pinjaman fasilitas tersebut                           KRW30,000,000,000 (full amount) or
              adalah sebesar KRW30.000.000.000 (nilai                           equivalent to Rp327,600.
              penuh) atau ekuivalen Rp327.600.

         Pinjaman penerusan                                                Two step loans

         Pinjaman      penerusan       pada     tanggal                    Two step loans as of 31 December 2024 and
          31 Desember 2024 dan 2023 mencakup                               2023 are step loans from Kreditanstalt fur
         pinjaman penerusan dari Kreditanstalt fur                         Wiederaufbau to finance Industrial Efficiency
         Wiederaufbau untuk pembiayaan Industrial                          and Pollution Control Phase I and II that was
         Efficiency and Pollution Control Phase I dan II                   received in 2001 and 2004.
         yang diterima pada tahun 2001 dan 2004.

         Berdasarkan Perjanjian Penerusan Pinjaman                         Based on the two step loans agreements
         antara BNI dan Departemen Keuangan No.                            between BNI and the Ministry of Finance No.
         SLA-1145/DP3/2001 tertanggal 30 Maret 2001                        SLA-1145/DP3/2001 dated 30 March 2001 and
         dan       SLA-1174/DP3/2004       tertanggal                      SLA-1174/DP3/2004 dated 25 August 2004,
         25 Agustus 2004, Pemerintah telah menyetujui                      the Government appointed BNI as an
         BNI sebagai bank pelaksana dengan jumlah                          executing bank with total facilities for each not
         fasilitas  masing-masing    tidak   melebihi                      exceeding DM11,700,000 and EUR9,000,000
         DM11.700.000 dan EUR9.000.000 (nilai                              (full amount). Latest withdrawal date were on
         penuh). Tanggal terakhir penarikan pinjaman                       30 June 2001 and 30 December 2007,
         adalah masing-masing pada tanggal 30 Juni                         respectively. The terms of the two step loans
                                                                           are 12 years including 2 years grace period
         2001 dan 30 Desember 2007. Jangka waktu
                                                                           and 40 years including 10 years grace period,
         pinjaman penerusan ini adalah masing-masing
                                                                           respectively.
         selama 12 tahun termasuk masa tenggang 2
         tahun dan 40 tahun termasuk masa tenggang
         10 tahun.




                                                    Halaman - 182 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1393
Page 793
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                       FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                       31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)              (Expressed in millions of Rupiah, unless otherwise stated)

  31. PINJAMAN YANG DITERIMA (lanjutan)                                31. BORROWINGS (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                     a.     By type and currency (continued)

            Pinjaman penerusan (lanjutan)                                         Two step loans (continued)

            Pada tanggal 31 Desember 2024, saldo                                  As of 31 December 2024, two step loans for
            pinjaman penerusan untuk Phase I dan II                               Phase I and II amounted to Rp53 and
            adalah masing-masing sebesar Rp53 dan                                 EUR2,883,000 (full amount) or equivalent
            EUR2.883.000 (nilai penuh) atau ekuivalen                             Rp48,504, respectively (31 December 2023:
            Rp48.504 (31 Desember 2023: EUR3.030.000                              EUR3,030,000 (full amount) or equivalent
            (nilai penuh) atau ekuivalen Rp51.808).                               Rp51,808).

            Kredit likuiditas untuk kredit             koperasi                   Liquidity loan for members of primary
            primer kepada anggotanya                                              cooperatives

            Merupakan fasilitas kredit yang diperoleh dari                        This is a credit facility provided by Bank
            Bank Indonesia terutama ditujukan untuk                               Indonesia specifically for BNI's debtors in
            debitur BNI sehubungan dengan program                                 relation to the Government's loan program for
            kredit Pemerintah untuk pinjaman investasi                            small investment loans, working capital loans
            usaha kecil, pinjaman modal kerja dan                                 and small business loans. In accordance with
            pinjaman pengusaha kecil. Sesuai dengan                               the Government Regulation, the management
            Peraturan Pemerintah, manajemen program                               of this liquidity loan program was transferred to
            kredit   likuiditas   telah     dialihkan   ke                        PT Permodalan Nasional Madani, a State-
            PT Permodalan Nasional Madani, Badan                                  Owned Enterprise. The loan will mature on
            Usaha Milik Negara, yang akan jatuh tempo                             various dates based on the completion of such
            dalam    beberapa      tanggal,    berdasarkan                        programs.
            penyelesaian dari program-program tersebut.

            Tingkat bunga atas fasilitas ini berkisar antara                      Interest rates on the facility range from 3.00%
            3,00% sampai dengan 7,00% per tahun.                                  to 7.00% per annum.

            Bankers acceptance                                                    Bankers acceptance

            Bankers acceptance merupakan pinjaman                                 Bankers acceptance represents interbank
            antarbank yang diperoleh BNI dari bank-bank                           borrowings for liquidity purposes obtained by
            luar negeri yang ditujukan untuk meningkatkan                         BNI from various foreign banks with borrowing
            likuiditas dengan jangka waktu pinjaman                               period of 6 until 12 months.
            6 sampai dengan 12 bulan.

                                                        2024                    2023

            United Overseas Bank Ltd.                      1,915,305                      -               United Overseas Bank Ltd.
            DZ Bank AG                                       888,180                      -                             DZ Bank AG
            Mashreqbank PSC                                  563,325                      -                       Mashreqbank PSC
            CoBank, Singapore                                402,375              1,924,625                      CoBank, Singapore
            OCBC Ltd., Singapore                             402,375                769,850                    OCBC Ltd., Singapore
            Emirates NBD Bank PJSC                                 -              3,079,400                Emirates NBD Bank PJSC
            MUFG Bank, Hong Kong                                   -                769,850                  MUFG Bank Hong Kong
            The Korea Development                                                                            The Korea Development
               Bank, Singapore Branch                              -                   769,850            Bank, Singapore Branch
            Bank of America N.A., Singapore                        -                   454,212       Bank of America N.A., Singapore

                                                           4,171,560              7,767,787




                                                         Halaman - 183 - Page
1394   Transforming the Future, Empowering Indonesia
Page 794
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA (lanjutan)                            31. BORROWINGS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

         Lain-lain                                                         Others

         PT BNI Multifinance (BNIMF):                                      PT BNI Multifinance (BNIMF):

         PT Bank Victoria International Tbk                                PT Bank Victoria International Tbk

         Pada tanggal 25 Juli 2019, berdasarkan                            On 25 July 2019, based on the Credit
         Perjanjian Kredit No. 20, PT Bank Victoria                        Agreement No. 20, PT Bank Victoria
         International Tbk setuju untuk memberikan                         International Tbk agreed to provide additional
         tambahan fasilitas pinjaman modal kerja                           working capital loan facility with a maximum
         dengan jumlah maksimum dana yang                                  available fund amounting to Rp200,000 which
         disediakan adalah sebesar Rp200.000 yang                          was used as an additional working capital for
         digunakan sebagai tambahan modal kerja                            consumer financing and finance lease. This
         pembiayaan        konsumen        dan    sewa                     facility has been matured on 21 December
         pembiayaan. Fasilitas pinjaman ini telah jatuh                    2023 and extended until 21 December 2024.
         tempo pada 21 Desember 2023 dan                                   This facility has matured and was not
         diperpanjang sampai dengan 21 Desember                            renewed.
         2024. Fasilitas ini telah jatuh tempo dan tidak
         diperpanjang.

         Pada tanggal 17 Maret 2021, berdasarkan                           On 17 March 2021, based on the Credit
         Perjanjian Kredit No. 39, PT Bank Victoria                        Agreement No. 39, PT Bank Victoria
         International Tbk setuju untuk memberikan                         International Tbk agreed to provide additional
         tambahan fasilitas fixed loan III line limit                      fixed loan III line limit facility amounting to
         sebesar Rp100.000 yang digunakan sebagai                          Rp100,000 which was used as an additional
         tambahan modal kerja pembiayaan, yang                             working capital for financing that will mature
         berlaku sampai dengan 17 Maret 2024.                              on 17 March 2024. This facility had been
         Fasilitas ini telah dilunasi pada saat jatuh                      repaid at maturity date and was not renewed.
         tempo dan tidak diperpanjang.

         Tingkat suku bunga pinjaman berkisar antara                       Interest rate of the borrowing ranged from
         8,00% dan 8,00%-9,50% masing-masing untuk                         8.00% and 8.00%-9.50% for withdrawal during
         pencairan selama tahun 31 Desember 2024                           31 December 2024 and 2023, respectively.
         dan 2023.

         Selama periode pinjaman, BNIMF memiliki                           During the loan period, the BNIMF has to
         kewajiban untuk memenuhi ketentuan dalam                          comply with the terms of the loan agreement
         perjanjian pinjaman diantaranya, menjaga                          which include, maintaining Non-Performing
         rasio    Non-Performing Finance   (“NPF”)                         Finance (“NPF”) ratio at a maximum of 5.00%.
         maksimal 5,00%.

         Pembayaran bunga dan pokok pinjaman telah                         Interest and principal have been paid by the
         dibayarkan oleh BNIMF sesuai dengan jadwal.                       BNIMF on schedule.

         Pada tanggal 31 Desember 2024 dan                                 As of 31 December 2024 and 2023, the
         2023, saldo pinjaman fasilitas tersebut masing-                   outstanding loan balance under this facility
         masing sebesar Rpnihil dan Rp50.833.                              amounted to Rpnil and Rp50,833, respectively.

         PT Bank Mega Tbk                                                  PT Bank Mega Tbk

         Pada tanggal 30 Maret 2021, BNIMF                                 On 30 March 2021, BNIMF obtained working
         memperoleh fasilitas pinjaman kredit modal                        capital loan facility from PT Bank Mega Tbk
         kerja dengan PT Bank Mega Tbk dengan                              with maximum facility amounting to Rp300,000
         maksimum fasilitas sebesar Rp300.000                              and tenure of 60 months and will mature on 30
         dengan jangka waktu pinjaman 60 bulan dan                         March 2026.
         akan jatuh tempo pada tanggal 30 Maret 2026.




                                                    Halaman - 184 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1395
Page 795
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  31. PINJAMAN YANG DITERIMA (lanjutan)                             31. BORROWINGS (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

            Lain-lain (lanjutan)                                              Others (continued)

            PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

            PT Bank Mega Tbk (lanjutan)                                       PT Bank Mega Tbk (continued)

            Tingkat suku bunga pinjaman adalah 8,75%                          Interest rate of the borrowing was 8.75% for
            masing-masing untuk pencairan selama tahun                        withdrawal during 31 December 2024 and
            31 Desember 2024 dan 2023.                                        2023, respectively.

            Pada tanggal 31 Desember 2024 dan 2023,                           As of 31 December 2024 and 2023, the
            saldo pinjaman fasilitas tersebut masing-                         outstanding loan balance under this facility
            masing sebesar Rp3.819 dan Rp30.625.                              amounted to Rp3,819 and Rp30,625,
                                                                              respectively.

            PT Bank Pembangunan Daerah Daerah                                 PT Bank Pembangunan Daerah Daerah
            Istimewa Yogyakarta                                               Istimewa Yogyakarta

            Pada tanggal 18 Oktober 2021, berdasarkan                         On 18 October 2021, based on Credit
            Perjanjian Kredit No. 19, PT Bank                                 Agreement No. 19, PT Bank Pembangunan
            Pembangunan Daerah Daerah Istimewa                                Daerah Daerah Istimewa Yogyakarta agreed
            Yogyakarta setuju untuk memberikan fasilitas                      to provide an additional working capital loan
            pinjaman modal kerja tambahan dengan                              facility with a maximum amount of Rp50,000,
            jumlah maksimum Rp50.000, yang berlaku                            which is valid until 26 September 2024.
            hingga 26 September 2024. Selanjutnya, pada                       Subsequently, on 16 June 2022, based on the
            tanggal 16 Juni 2022, berdasarkan Addendum                        First Addendum to Credit Agreement No. 48,
            Pertama terhadap Perjanjian Kredit No. 48, PT                     PT Bank Pembangunan Daerah Daerah
            Bank Pembangunan Daerah Daerah Istimewa                           Istimewa Yogyakarta agreed to extend the
            Yogyakarta setuju untuk memperpanjang                             credit term until 26 September 2025.
            jangka waktu kredit hingga 26 September
            2025.

            Tingkat suku bunga pinjaman adalah 9,00%                          Interest rate of the borrowing was 9.00% for
            masing-masing untuk pencairan selama                              withdrawals during 31 December 2024 and
            31 Desember 2024 dan 2023.                                        2023, respectively.

            Selama periode pinjaman, BNIMF memiliki                           During the loan period, BNIMF has to comply
            kewajiban untuk memenuhi ketentuan dalam                          with the terms of the loan agreement which
            perjanjian pinjaman diantaranya:                                  include the following:

            a. Menjaga gearing ratio maksimal 10 kali.                        a. Maintaining the gearing ratio at a
                                                                                 maximum of 10 times.
            b. Menjaga     rasio    piutang    pembiayaan                     b. Maintaining the financing to asset ratio at
               terhadap total aset minimal 40,00%.                               a minimum of 40.00%.
            c. Menjaga rasio NPF maksimal 5,00%.                              c. Maintaining NPF ratio at a maximum of
                                                                                 5.00%.

            Pembayaran bunga dan pokok pinjaman telah                         Interest and principal have been paid by the
            dibayarkan oleh BNIMF sesuai dengan jadwal.                       BNIMF on schedule.

            Pada tanggal 31 Desember 2024 dan 2023,                           As of 31 December 2024 and 2023, the
            saldo pinjaman fasilitas tersebut masing-                         outstanding loan balance under this facility
            masing sebesar Rp4.245 dan Rp12.244.                              amounted to Rp4,245 and Rp12,244,
                                                                              respectively.




                                                       Halaman - 185 - Page
1396   Transforming the Future, Empowering Indonesia
Page 796
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA (lanjutan)                            31. BORROWINGS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

         Lain-lain (lanjutan)                                              Others (continued)

         PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

         PT Bank Jtrust Indonesia Tbk                                      PT Bank Jtrust Indonesia Tbk

         Pada tanggal 19 Desember 2020, Perusahaan                         On 19 December 2020, the Company obtained
         memperoleh fasilitas pinjaman kredit modal                        working capital loan facility with PT Bank Jtrust
         kerja dengan PT Bank Jtrust Indonesia Tbk                         Indonesia Tbk with maximum facility
         dengan maksimum fasilitas sebesar Rp50.000                        amounting to Rp50,000 and tenure of 48
         dengan jangka waktu pinjaman 48 bulan dan                         months and has matured on 18 December
         telah jatuh tempo pada tanggal 18 Desember                        2024.
         2024.

         Pada tanggal 17 Februari 2022, BNIMF                              On 17 February 2022, BNIMF obtained
         memperoleh fasilitas pinjaman kredit modal                        working capital loan facility with PT Bank Jtrust
         kerja dengan PT Bank Jtrust Indonesia Tbk                         Indonesia Tbk with maximum facility
         dengan      maksimum     fasilitas sebesar                        amounting to Rp200,000 and tenure of 48
         Rp200.000 dengan jangka waktu pinjaman 48                         months which will mature on 17 February
         bulan dan akan jatuh tempo pada tanggal                           2026.
         17 Februari 2026.

         Pada tanggal 22 Mei 2024 berdasarkan Akta                         On 22 May 2024, based on the Credit
         No 10, BNIMF memperoleh tambahan fasilitas                        Agreement No.10, BNIMF obtained working
         pinjaman kredit modal kerja dengan PT Bank                        capital loan facility with PT Bank Jtrust
         Jtrust Indonesia Tbk dengan maksimum                              Indonesia Tbk with maximum facility
         fasilitas sebesar Rp300.000 dengan jangka                         amounting to Rp300,000 and maximum tenure
         waktu maksimal pinjaman hingga 60 bulan.                          of 60 months.

         Perusahaan telah menggunakan fasilitas ini                        The Company has utilised this facility
         sebesar Rp220.000 pada tanggal 5 Juni 2024,                       amounted at Rp220,000 on 5 June 2024, 12
         12 Juli 2024, 6 Agustus 2024, 4 September                         July 2024, 6 August 2024, 4 September 2024,
         2024, dan 10 Oktober 2024 masing-masing                           and 10 October 2024 which each of the
         sebesar Rp50.000, Rp50.000, Rp50.000,                             drawdown amounted to Rp50,000, Rp50,000,
         Rp50.000, dan Rp20.000.                                           Rp50,000, Rp50,000 and Rp20,000.

         Fasilitas ini memiliki jatuh tempo maksimal 48                    This facility will mature maximum 48 months
         bulan sejak tanggal penarikan masing-masing                       after the drawdown date, which is on 5 June
         pinjaman, yaitu pada tanggal 5 Juni 2028, 12                      2028, 12 July 2028, 6 August 2028, 4
         Juli 2028, 6 Agustus 2028, 4 September 2028,                      September 2028 and 10 October 2028.
         dan 10 Oktober 2028.

         Tingkat suku bunga pinjaman adalah 7,50%-                         Interest rate of the borrowing was 7.50%-
         9,50% masing-masing untuk pencairan tanggal                       9.50% for withdrawal during of 31 December
         31 Desember 2024 dan 2023.                                        2024 and 2023, respectively.




                                                    Halaman - 186 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1397
Page 797
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  31. PINJAMAN YANG DITERIMA (lanjutan)                             31. BORROWINGS (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                  a. By type and currency (continued)

            Lain-lain (lanjutan)                                              Others (continued)
            PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

            PT Bank Jtrust Indonesia Tbk (lanjutan)                           PT Bank Jtrust Indonesia Tbk (continued)

            Selama periode pinjaman, BNIMF memiliki                           During the loan period, BNIMF has to comply
            kewajiban untuk memenuhi ketentuan dalam                          with the terms of the loan agreement which
            perjanjian pinjaman diantaranya:                                  include the following:

            a. Menjaga gearing ratio maksimal 10 kali.                        a. Maintaining the gearing ratio at a maximum
                                                                                 of 10 times.
            b. Menjaga rasio NPF maksimal 5,00%.                              b. Maintaining NPF ratio at a maximum of
                                                                                 5.00%.

            Pembayaran bunga dan pokok pinjaman telah                         Interest and principal have been paid by the
            dibayarkan oleh BNIMF sesuai dengan jadwal.                       BNIMF on schedule.

            Pada tanggal 31 Desember 2024 dan 2023,                           As of 31 December 2024 and 2023, the
            saldo pinjaman fasilitas tersebut masing-                         outstanding loan balance under this facility
            masing sebesar Rp203.573 dan Rp7.368.                             amounted to Rp203,573 and Rp7,368,
                                                                              respectively.

            PT Bank DKI                                                       PT Bank DKI

            Pada tanggal 16 Juni 2022, berdasarkan                            On 16 June 2022, based on the Credit
            Perjanjian kredit No. 48, PT Bank DKI setuju                      Agreement No. 48, PT Bank DKI agreed to
            untuk memberikan tambahan fasilitas pinjaman                      provide additional working capital loan facility
            modal kerja dengan jumlah maksimum dana                           with a maximum available fund amounting to
            yang disediakan Rp50.000 yang digunakan                           Rp50,000, which was used as an additional
            sebagai tambahan modal kerja pembiayaan                           working capital for consumer financing and
            konsumen dan sewa pembiayaan yang berlaku                         finance lease that will mature on 22 September
            sampai 22 September 2025.                                         2025.

            Selama periode pinjaman, BNIMF memiliki                           During the loan period, BNIMF has to comply
            kewajiban untuk memenuhi ketentuan dalam                          with the terms of the loan agreement which
            perjanjian pinjaman diantaranya:                                  include the following:
            a. Menjaga current ratio minimal 1 kali.                          a. Maintaining the current ratio at a minimum
                                                                                 of 1 times.
            b. Menjaga gearing ratio maksimal 10 kali.                        b. Maintaining the gearing ratio at a maximum
                                                                                 of 10 times.
            c. Menjaga     rasio    piutang   pembiayaan                      c. Maintaining the financing to asset ratio at a
               terhadap total aset minimal 40,00%.                               minimum of 40.00%.
            d. Menjaga rasio NPF maksimal 5,00%.                              d. Maintaining NPF ratio at a maximum of
                                                                                 5.00%.

            Tingkat suku bunga pinjaman untuk pencairan                       Interest rate of the borrowing for withdrawal
            selama tahun 2024 dan 2023 adalah 8,00%.                          during 2024 and 2023 was 8.00%.

            Pembayaran bunga dan pokok pinjaman telah                         Interest and principal have been paid by the
            dibayarkan oleh BNIMF sesuai dengan jadwal.                       BNIMF on schedule.

            Pada tanggal 31 Desember 2024 dan                                 As of 31 December 2024 and 2023, the
            2023, saldo pinjaman fasilitas tersebut masing-                   outstanding loan balance under this facility
            masing sebesar Rp7.804 dan Rp16.043.                              amounted to Rp7,804 and Rp16,043,
                                                                              respectively.




                                                       Halaman - 187 - Page
1398   Transforming the Future, Empowering Indonesia
Page 798
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA (lanjutan)                            31. BORROWINGS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                  a. By type and currency (continued)

         Lain-lain (lanjutan)                                              Others (continued)

         PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

         PT Bank Mandiri (Persero) Tbk                                     PT Bank Mandiri (Persero) Tbk

         Pada tanggal 28 Agustus 2018, BNIMF                               On 28 August 2018, BNIMF obtained working
         memperoleh fasilitas pinjaman kredit modal                        capital facility loan from PT Bank Mandiri
         kerja dengan PT Bank Mandiri (Persero) Tbk                        (Persero) Tbk with maximum facility amounting
         dengan       maksimum      fasilitas    sebesar                   to Rp250,000 and tenure of 60 months and has
         Rp250.000 dengan jangka waktu pinjaman 60                         matured on 28 August 2023. This facility had
         bulan dan telah jatuh tempo pada tanggal 28                       been repaid at maturity date and was not
         Agustus 2023. Fasilitas ini telah dilunasi pada                   renewed.
         saat jatuh tempo dan tidak diperpanjang.

         Pada      tanggal      16     September     2019,                 On 16 September 2019, based on the Credit
         berdasarkan Perjanjian Kredit No. 18, PT                          Agreement No. 18, PT Bank Mandiri (Persero)
         Bank Mandiri (Persero) Tbk setuju untuk                           Tbk agreed to provide additional working
         memberikan tambahan fasilitas pinjaman                            capital loan facility with a maximum available
         modal kerja dengan jumlah maksimum dana                           fund amounting to Rp250,000 which was used
         yang disediakan adalah sebesar Rp250.000                          as an additional working capital for consumer
         yang digunakan sebagai tambahan modal                             financing and will mature on 20 February 2024.
         kerja pembiayaan konsumen dan akan jatuh                          This facility had been repaid at maturity date
         tempo pada tanggal 20 Februari 2024.                              and was not renewed.
         Fasilitas ini telah dilunasi saat jatuh tempo dan
         tidak diperpanjang.

         Pada tanggal 16 Maret 2020, BNIMF                                 On 16 March 2020, BNIMF obtained additional
         memperoleh tambahan fasilitas pinjaman                            working        capital facility  loan      from
         kredit modal kerja dengan PT Bank Mandiri                         PT Bank Mandiri (Persero) Tbk with total facility
         (Persero) Tbk dengan total fasilitas sebesar                      amounting to Rp250,000 and tenure of
         Rp250.000 dengan jangka waktu pinjaman 48                         48 months from the date of withdrawal of each
         bulan sejak tanggal penarikan setiap fasilitas.                   credit facility.

         BNIMF telah menggunakan fasilitas ini                             BNIMF has used this facility amounting to
         sebesar Rp219.800 pada 26 Maret 2020, 8                           Rp219,800 on 26 March 2020, 8 April 2020, 29
         April 2020, 29 April 2020, 6 Mei 2020, 5 Juni                     April 2020, 6 May 2020, 5 June 2020, 26 June
         2020, 26 Juni 2020, 27 Juli 2020, 8 September                     2020, 27 July 2020, 8 September 2020, and 14
         2020, dan 14 September 2020           masing-                     September 2020, which each of the drawdown
         masing     sebesar    Rp20.000,     Rp15.000,                     amounted to Rp20,000, Rp15,000, Rp35,000,
         Rp35.000, Rp30.000, Rp20.800, Rp8.500,                            Rp30,000, Rp20,800, Rp8,500, Rp11,000,
         Rp11.000, Rp52.000 dan Rp27.500.                                  Rp52,000 and Rp27,500.

         Fasilitas ini memiliki jatuh tempo maksimal 48                    This facility will mature maximum 48 months
         bulan sejak tanggal penarikan masing-masing,                      after the drawdown date, respectively on 26
         yaitu pada tanggal 26 Maret 2024, 8 April                         March 2024, 8 April 2024, 28 April 2024, 6
         2024, 28 April 2024, 6 Mei 2024, 5 Juni 2024,                     May 2024, 5 June 2024, 26 June 2024, 27 July
         26 Juni 2024, 27 Juli 2024, 8 September 2024,                     2024, 8 September 2024, and 14 September
         dan 14 September 2024. Fasilitas ini telah                        2024. This facility had been repaid at maturity
         dilunasi saat jatuh tempo dan tidak                               date and was not renewed.
         diperpanjang.




                                                    Halaman - 188 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1399
Page 799
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  31. PINJAMAN YANG DITERIMA (lanjutan)                             31. BORROWINGS (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                  a. By type and currency (continued)

            Lain-lain (lanjutan)                                              Others (continued)

            PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

            PT Bank Mandiri (Persero) Tbk                                     PT Bank Mandiri (Persero) Tbk

            Pada tanggal 16 September 2021, BNIMF                             On 16 September 2021, BNIMF obtained
            memperoleh tambahan fasilitas pinjaman                            additional working capital facility loan from
            kredit modal kerja dengan PT Bank Mandiri                         PT Bank Mandiri (Persero) Tbk with total facility
            (Persero) Tbk dengan total fasilitas sebesar                      amounting to Rp250,000 and tenure of
            Rp250.000 dengan jangka waktu pinjaman 48                         48 months from the date of withdrawal of each
            bulan sejak tanggal penarikan setiap fasilitas.                   credit facility.

            BNIMF telah menggunakan fasilitas ini                             BNIMF has used this facility amounting to
            sebesar   Rp10.000    pada   tanggal  21                          Rp10,000 on 21 September 2021 and 22 April
            September 2021 dan 22 April 2022 masing-                          2022 which each of the drawdown amounted to
            masing sebesar Rp5.000.                                           Rp5,000.

            Fasilitas ini memiliki jatuh tempo maksimal 48                    This facility will mature maximum 48 months
            bulan sejak tanggal penarikan masing-masing,                      from the respective withdrawal date, namely
            yaitu pada tanggal 21 September 2024 dan                          21 September 2024 and 22 April 2026.
            22 April 2026.

            Pada tanggal 22 Februari 2023, BNIMF                              On 22 February 2023, BNIMF obtained
            memperoleh tambahan fasilitas pinjaman                            additional working capital facility loan from
            kredit modal kerja dengan PT Bank Mandiri                         PT Bank Mandiri (Persero) Tbk with total facility
            (Persero) Tbk dengan total fasilitas sebesar                      amounting to Rp350,000 and tenure of
            Rp350.000 untuk jangka waktu pinjaman                             60 months from the date of withdrawal of each
            sampai dengan 60 bulan sejak tanggal                              credit facility, using a revolving scheme.
            penarikan     setiap    fasilitas,   dengan
            menggunakan skema revolving.

            BNIMF telah menggunakan fasilitas ini                             BNIMF has used this facility amounting to
            sebesar Rp367.000 pada tanggal 13 Maret                           Rp367,000 on 13 March 2023, 3 May 2023, 16
            2023, 3 Mei 2023, 16 Mei 2023, 31 Mei 2023,                       May 2023, 31 May 2023, 5 June 2023, 21 June
            5 Juni 2023, 21 Juni 2023, 23 Juni 2023, 27                       2023, 23 June 2023, 27 June 2023, 3 July
            Juni 2023, 3 Juli 2023, 7 Juli 2023, 13 Juli                      2023, 7 July 2023 , 13 July 2023, 20 July 2023,
            2023, 20 Juli 2023, 27 Juli 2023, 28 Juli 2023,                   27 July 2023, 28 July 2023, 2 August 2023, 7
            2 Agustus 2023, 7 Agustus 2023, 9 Agustus                         August 2023, 9 August 2023, 14 August 2023,
            2023, 14 Agustus 2023, 15 Agustus 2023, dan                       15 August 2023, and 16 August 2023 which
            16 Agustus 2023 masing-masing sebesar                             each of the drawdown amounted to Rp20,000,
            Rp20.000, Rp15.000, Rp35.000, Rp10.000,                           Rp15,000, Rp35,000, Rp10,000, Rp25,000,
            Rp25.000, Rp10.000, Rp33.000, Rp32.000,                           Rp10,000, Rp33,000, Rp32,000, Rp35,000,
            Rp35.000, Rp10.000, Rp15.000, Rp12.000,                           Rp10,000, Rp15,000, Rp12,000, Rp20,000,
            Rp20.000, Rp10.000, Rp10.000, Rp15.000,                           Rp10,000, Rp10,000, Rp15,000, Rp15,000,
            Rp15.000,      Rp15.500,     Rp12.500,      dan                   Rp15,500, Rp12,500 and Rp17,000.
            Rp17.000.

            Fasilitas ini memiliki jatuh tempo maksimal 60                    This facility will mature maximum 60 months
            bulan sejak tanggal penarikan masing-masing,                      from    the    respective   withdrawal    date,
            yaitu pada tanggal 13 Maret 2025, 3 Mei                           respectively on 13 March 2025, 3 May 2025, 16
            2025, 16 Mei 2025, 31 Mei 2025, 5 Juni 2025,                      May 2025, 31 May 2025, 5 June 2025, 21 June
            21 Juni 2025, 23 Juni 2025, 27 Juni 2025, 3                       2025, 23 June 2025, 27 June 2025, 3 July
            Juli 2026, 7 Juli 2025, 13 Juli 2026, 20 Juli                     2026, 7 July 2025, 13 July 2026, 20 July 2026,
            2026, 27 Juli 2026, 28 Juli 2025, 2 Agustus                       27 July 2026, 28 July 2025, 2 August 2025, 7
            2025, 7 Agustus 2026, 9 Agustus 2026, 14                          August 2026, 9 August 2026, 14 August 2025,
            Agustus 2025, 15 Agustus 2025, dan 16                             15 August 2025, and 16 August 2026.
            Agustus 2026.



                                                       Halaman - 189 - Page
1400   Transforming the Future, Empowering Indonesia
Page 800
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA (lanjutan)                            31. BORROWINGS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                  a. By type and currency (continued)

         Lain-lain (lanjutan)                                              Others (continued)

         PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

         PT Bank Mandiri (Persero) Tbk (lanjutan)                          PT Bank Mandiri (Persero) Tbk (continued)

         Pada tanggal 22 Februari 2023, BNIMF                              On 22 February 2023, BNIMF obtained
         memperoleh tambahan fasilitas pinjaman                            additional short-term credit loan facility from
         kredit jangka pendek dengan PT Bank Mandiri                       PT Bank Mandiri (Persero) Tbk with total facility
         (Persero) Tbk dengan total fasilitas sebesar                      amounting to Rp150,000 with a revolving
         Rp150.000 dengan skema revolving dan                              scheme and maximum tenure of 12 months
         jangka waktu pinjaman sampai dengan 12                            from the date of the signing of Credit
         bulan     sejak   tanggal   penandatanganan                       Agreement. This facility has been extended
         perjanjian    kredit.  Fasilitas   ini  telah                     and will be matured on 22 February 2025.
         diperpanjang dan akan jatuh tempo pada
         tanggal 22 Februari 2025.

         BNIMF telah melakukan penarikan atas                              BNIMF has utilised this facility amounted at
         fasilitas pinjaman ini sebesar Rp1.475.000                        Rp1,475,000 on 31 October 2023, 20
         pada tanggal 31 Oktober 2023, 20 November                         November 2023, 29 February 2024, 27 March
         2023, 29 Februari 2024, 27 Maret 2024, 30                         2024, 30 April 2024, 30 May 2024, 31 May
         April 2024, 30 Mei 2024, 31 Mei 2024, 28 Juni                     2024, 28 June 2024, 31 July 2024, 29 August
         2024, 31 Juli 2024, 29 Agustus 2024, 30                           2024, 30 September 2024, 31 October 2024,
         September 2024, 31 Oktober 2024, 29                               29 November 2024, 20 December 2024, and
         November 2024, 20 Desember 2024, dan 30                           30 December 2024 with respective amounts of
         Desember 2024 masing-masing sebesar                               Rp80,000, Rp70,000, Rp75,000, Rp75,000,
         Rp80.000, Rp70.000, Rp75.000, Rp75.000,                           Rp75,000, Rp75,000, Rp75,000, Rp150,000,
         Rp75.000, Rp75.000, Rp75.000, Rp150.000,                          Rp150,000,      Rp150,000,        Rp100,000,
         Rp150.000,       Rp150.000,       Rp100.000,                      Rp150,000, Rp100,000, Rp100,000, and
         Rp150.000, Rp100.000, Rp100.000, dan                              Rp50,000, which are due on 8 November 2023,
         Rp50.000 yang jatuh tempo pada tanggal 8                          20 December 2023, 27 March 2024, 22 April
         November 2023, 20 Desember 2023, 27 Maret                         2024, 6 May 2024, 3 June 2024, 4 June 2024,
         2024, 22 April 2024, 6 Mei 2024, 3 Juni 2024,                     5 July 2024, 2 August 2024, 2 September
         4 Juni 2024, 5 Juli 2024, 2 Agustus 2024, 2                       2024, 3 October 2024, 4 November 2024, 3
         September 2024, 3 Oktober 2024, 4                                 December 2024, 24 December 2024, and 3
         November 2024, 3 Desember 2024, 24                                January 2025.
         Desember 2024, dan 3 Januari 2025.

         Pada tanggal 16 Oktober 2023, BNIMF                               On 16 October 2023, BNIMF obtained
         memperoleh tambahan fasilitas pinjaman                            additional working capital loan facility from PT
         kredit modal kerja dengan PT Bank Mandiri                         Bank Mandiri (Persero) Tbk with total facility
         (Persero) Tbk dengan total fasilitas sebesar                      amounting to Rp500,000 with a maximum
         Rp500.000 dengan jangka waktu pinjaman                            tenure of 72 months from the date of the
         sampai dengan 72 bulan sejak tanggal                              signing of credit agreement with revolving
         penandatanganan perjanjian kredit dengan                          scheme. On 22 February 2024, based on the
         skema revolving. Pada tanggal 22 Februari                         Addendum to the Credit Agreement No. 8,
         2024, berdasarkan Addendum Perjanjian                             BNIMF obtained an additional working capital
         Kredit No.8, BNIMF memperoleh tambahan                            credit loan facility with PT Bank Mandiri
         fasilitas pinjaman kredit modal kerja dengan                      (Persero) Tbk with a total facility of
         PT Bank Mandiri (Persero) Tbk dengan total                        Rp1,000,000 with a loan term of up to 60
         fasilitas sebesar Rp1.000.000 dengan jangka                       months from the date of signing the credit
         waktu pinjaman sampai dengan 60 bulan                             agreement with a revolving scheme.
         sejak tanggal penandatanganan perjanjian
         kredit dengan skema revolving.




                                                    Halaman - 190 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1401
Page 801
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  31. PINJAMAN YANG DITERIMA (lanjutan)                             31. BORROWINGS (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                  a. By type and currency (continued)

            Lain-lain (lanjutan)                                              Others (continued)

            PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

            PT Bank Mandiri (Persero) Tbk (lanjutan)                          PT Bank Mandiri (Persero) Tbk (continued)

            BNIMF telah menggunakan fasilitas ini                             BNIMF has utilised this facility amounted at
            sebesar Rp1.050.000 pada tanggal 18                               Rp1,050,000 on 18 October 2023, 27 October
            Oktober 2023, 27 Oktober 2023, 13 November                        2023, 13 November 2023, 21 November 2023,
            2023, 21 November 2023, 30 November 2023,                         30 November 2023, 4 December 2023, 22
            4 Desember 2023, 22 Desember 2023, 28                             December 2023, 28 December 2023, 10
            Desember 2023, 10 Januari 2024, 18 Januari                        January 2024, 18 January 2024, 5 February
            2024, 5 Februari 2024, 27 Februari 2024, 22                       2024, 27 February 2024, 22 March 2024, 28
            Maret 2024, 28 Maret 2024, 2 April 2024, 22                       March 2024, 2 April 2024, 22 April 2024, and 8
            April 2024, dan 8 Mei 2024 masing-masing                          May 2024 which each of the drawdown
            sebesar Rp60.000, Rp40.000, Rp50.000,                             amounted to Rp60,000, Rp40,000, Rp50,000,
            Rp25.000, Rp25.000, Rp25.000, Rp46.000,                           Rp25,000, Rp25,000, Rp25,000, Rp46,000,
            Rp29.000, Rp53.000, Rp47.000, Rp100.000,                          Rp29,000, Rp53,000, Rp47,000, Rp100,000,
            Rp150.000,      Rp100.000,       Rp100.000,                       Rp150,000,      Rp100,000,         Rp100,000,
            Rp100.000, Rp50.000, dan Rp50.000.                                Rp100,000, Rp50,000, and Rp50,000.

            Fasilitas ini memiliki jatuh tempo maksimal 60                    This facility will mature maximum 60 months
            bulan sejak tanggal penarikan masing-masing,                      from    the    respective   withdrawal date,
            yaitu pada tanggal 18 Oktober 2025,                               respectively on 18 October 2025, 27 October
            27 Oktober 2026, 13 November 2025,                                2026, 13 November 2025, 21 November 2025,
            21 November 2025, 30 November 2025,                               30 November 2025, 4 December 2025,
            4 Desember 2025, 22 Desember 2025,                                22 December 2025, and 28 December 2026,
            28 Desember 2026, 10 Januari 2027,                                10 January 2027, 18 January 2028, 6 February
            18 Januari 2028, 6 Februari 2028, 27 Februari                     2028, 27 February 2027, 22 March 2027,
            2027, 22 Maret 2027, 28 Maret 2027,                               28 March 2027, 3 April 2027, 22 April 2027,
            3 April 2027, 22 April 2027, dan 8 Mei 2028.                      and 8 May 2028.

            Pada tanggal 20 Juni 2024, BNIMF                                  On 20 June 2024, BNIMF obtained credit loan
            memperoleh fasilitas pinjaman kredit dengan                       facility from PT Bank Mandiri (Persero) Tbk
            PT Bank Mandiri (Persero) Tbk dengan total                        with total facility amounting to Rp750,000 with
            fasilitas sebesar Rp750.000 dengan jangka                         a maximum tenure of 72 months from the date
            waktu pinjaman sampai dengan 72 bulan                             of the signing of Credit Agreement with
            sejak tanggal penandatanganan Perjanjian                          revolving scheme.
            Kredit dengan skema revolving.

            BNIMF telah menggunakan fasilitas ini                             BNIMF has utilised this facility amounted at
            sebesar Rp535.000 pada tanggal 25 Juni                            Rp535,000 on 25 June 2024, 27 June 2024, 28
            2024, 27 Juni 2024, 28 Juni 2024, 17 Juli                         June 2024, 17 July 2024, 22 July 2024, 29 July
            2024, 22 Juli 2024, 29 Juli 2024, 31 Juli 2024,                   2024, 31 July 2024, 15 Agustus 2024, 21
            15 Agustus 2024, 21 Agustus 2024, 30                              Agustus 2024, 30 Agustus 2024, 23 September
            Agustus 2024, 23 September 2024, 25                               2024, 25 September 2024, 21 October 2024,
            September 2024, 21 Oktober 2024, 25                               25 October 2024, 18 November 2024, 26
            Oktober 2024, 18 November 2024, 26                                November 2024, 11 December 2024 and 17
            November 2024, 11 Desember 2024 dan 17                            December 2024 which each of the drawdown
            Desember 2024 masing-masing sebesar                               amounted to Rp35,000, Rp77,000, and
            Rp35.000, Rp77.000, Rp15.000, Rp35.000,                           Rp15,000, Rp35,000, Rp40,000, Rp27,000,
            Rp40.000, Rp27.000, Rp26.000, Rp50.000,                           Rp26,000, Rp50,000, Rp45,000, Rp30,000,
            Rp45.000, Rp30.000, Rp20.000, Rp30.000,                           Rp20,000, Rp30,000, Rp15,000, Rp10,000,
            Rp15.000, Rp10.000, Rp20.000, Rp20.000,                           Rp20,000, Rp20,000, Rp15,000 and Rp25,000.
            Rp15.000 dan Rp25.000.




                                                       Halaman - 191 - Page
1402   Transforming the Future, Empowering Indonesia
Page 802
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA (lanjutan)                            31. BORROWINGS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                  a. By type and currency (continued)

         Lain-lain (lanjutan)                                              Others (continued)

         PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

         PT Bank Mandiri (Persero) Tbk (lanjutan)                          PT Bank Mandiri (Persero) Tbk (continued)

         Fasilitas ini memiliki jatuh tempo maksimal 48                    This facility will mature maximum 48 months
         bulan sejak tanggal penarikan masing-masing,                      from    the    respective   withdrawal date,
         yaitu pada tanggal 25 Juni 2028, 27 Juni                          respectively on 25 June 2028, 27 June 2028,
         2028, 28 Juni 2028, 17 Juli 2028, 22 Juli 2028,                   28 June 2028, 17 July 2028, 22 July 2028, 29
         29 Juli 2028, 31 Juli 2028, 15 Agustus 2028,                      July 2028, 31 July 2028, 15 August 2028, 21
         21 Agustus 2028, 30 Agustus 2028, 23                              August 2028, 30 August 2028, 23 September
         September 2028, 25 September 2028, 21                             2028, 25 September 2028, 21 October 2028,
         Oktober 2028, 25 Oktober 2028, 18 November                        25 October 2028, 18 November 2028, 26
         2028, 26 November 2028, 11 Desember 2029,                         November 2028, 11 December 2029, and 17
         dan 17 Desember 2029.                                             December 2029.

         Selama periode pinjaman, BNIMF memiliki                           During the loan period, BNIMF has to comply
         kewajiban untuk memenuhi ketentuan dalam                          with the terms of the loan agreement which
         perjanjian pinjaman diantaranya:                                  include the following:

         a. Menjaga gearing ratio maksimal 10 kali.                        a. Maintaining the gearing ratio at a maximum
                                                                              of 10 times.
         b. Menjaga rasio NPF maksimal 5,00%.                              b. Maintaining the NPF ratio at a maximum of
                                                                              5.00%.

         Tingkat suku bunga pinjaman berkisar antara                       Interest rate of the borrowing ranged from
         7,18%-8,00% dan 7,65%-9,00% masing-                               7.18%-8.00% and 7.65%-9.00% for withdrawal
         masing untuk pencairan selama tahun 31                            during 31 December 2024 and 2023,
         Desember 2024 dan 2023.                                           respectively.

         Selama tahun 2023, BNIMF telah melakukan                          During 2023, BNIMF has paid interest and
         pembayaran pokok dan bunga atas fasilitas                         principal from loan facilities from PT Bank
         pinjaman dari PT Bank Mandiri (Persero) Tbk                       Mandiri (Persero) Tbk amounted to Rp576,810.
         sebesar Rp576.810.

         Pada tanggal 31 December 2024 dan 2023,                           As of 31 December 2024 and 2023, the
         saldo pinjaman fasilitas tersebut masing-                         outstanding loan balance under this facility
         masing sebesar Rp1.525.654 dan Rp772.307.                         amounted to Rp1,525,654 and Rp772,307,
                                                                           respectively.

         Dalam perjanjian-perjanjian fasilitas pinjaman                    Under the above-mentioned loans facility
         yang disebutkan di atas, BNIMF diharuskan                         agreements, BNIMF is required to maintain
         menjaga rasio-rasio keuangan dan memenuhi                         certain financial ratios and comply to certain
         pembatasan-pembatasan tertentu termasuk                           restrictions including not exceeding established
         tidak melebihi dari batas yang telah ditetapkan,                  limits, such as, in areas of making any loans or
         antara lain, dalam hal melakukan pinjaman,                        granting any credit, giving any guarantee or
         pemberian piutang, pemberian jaminan atau                         indemnity, disposal of assets, changes in
         ganti rugi, pelepasan aset, perubahan bisnis,                     business, acquisition of other companies or
         akuisisi perusahaan dan bisnis, pengeluaran                       businesses, capital expenditures, transactions
         untuk barang modal, transaksi dengan afiliasi                     with affiliates and write off of receivables.
         dan penghapusan piutang.




                                                    Halaman - 192 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1403
Page 803
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  31. PINJAMAN YANG DITERIMA (lanjutan)                             31. BORROWINGS (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                  a. By type and currency (continued)

            Lain-lain (lanjutan)                                              Others (continued)

            PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

            PT Bank Central Asia Tbk                                          PT Bank Central Asia Tbk

            Pada tanggal 22 Agustus 2023, BNIMF                               On 22 August 2023, BNIMF obtained
            memperoleh       fasilitas  pinjaman       kredit                 Installment loan facility from PT Bank Central
            Installment loan dengan PT Bank Central Asia                      Asia with maximum facility amounting to
            dengan      maksimum       fasilitas     sebesar                  Rp105,000 and tenure of 4 years from the date
            Rp105.000 dengan jangka waktu pinjaman 4                          of withdrawal of each facilities.
            tahun sejak tanggal penarikan fasilitas.

            BNIMF telah menggunakan fasilitas ini                             BNIMF has utilised this facility amounted at
            sebesar Rp105.500 pada tanggal 23 Agustus                         Rp105,500 on 23 August 2023, 31 August
            2023, 31 Agustus 2023, 7 September 2023, 19                       2023, 7 September 2023, 19 September 2023,
            September 2023, 26 September 2023, 6                              26 September 2023, 6 Desember 2023, 16
            Desember 2023, 16 Februari 2024, dan 20                           February 2024, and 20 February 2024 which
            Februari   2024    masing-masing    sebesar                       each of the drawdown amounted to Rp5,000,
            Rp5.000, Rp10.000, Rp23.000, Rp11.500, Rp                         Rp10,000, Rp23,000, Rp11,500, Rp7,000,
            7.000, Rp10.000, Rp19.500, dan Rp19.500.                          Rp10,000, Rp19,500, and Rp19,500.

            Fasilitas ini memiliki jatuh tempo maksimal 4                     This facility will mature maximum 4 years after
            tahun sejak tanggal penarikan masing-masing                       the drawdown date, respectively on 23 August
            pinjaman, yaitu pada tanggal 23 Agustus 2026,                     2026, 21 August 2026, 7 September 2025, 1
            21 Agustus 2026, 7 September 2025, 1                              September 2025, 20 September 2026, 27
            September 2025, 20 September 2026, dan 27                         November 2026, 21 January 2027, and 31
            November 2026, 21 Januari 2027, dan 31                            January 2028.
            Januari 2028.

            Pada 6 Februari 2024, BNIMF memperoleh                            On 6 February 2024, BNIMF obtained
            fasilitas pinjaman kredit Installment loan                        Installment loan facility from PT Bank Central
            dengan PT Bank Central Asia Tbk dengan                            Asia with maximum facility amounting to
            maksimum fasilitas sebesar       Rp350.000                        Rp350,000 and tenure of 4 years from the date
            dengan jangka waktu pinjaman 4 tahun sejak                        of withdrawal of each facilities.
            tanggal penarikan fasilitas.

            BNIMF telah menggunakan fasilitas ini                             BNIMF has utilised this facility amounted at
            sebesar Rp95.000 pada tanggal 6 Februari                          Rp95,000 on 6 February 2024, 23 April 2024,
            2024, 23 April 2024, 12 Juni 2024, dan 17                         12 June 2024, and 17 October 2024 which
            Oktober   2024    masing-masing    sebesar                        each of the drawdown amounted to Rp5,000,
            Rp5.000, Rp20.000, Rp50.000, dan Rp20.000.                        Rp20,000, Rp50,000 and Rp20,000.

            Fasilitas ini memiliki jatuh tempo maksimal 4                     This facility will mature maximum 4 years after
            tahun sejak tanggal penarikan masing-masing                       the drawdown date, respectively on 30 January
            pinjaman, yaitu pada tanggal 30 Januari 2028,                     2028, 4 April 2026, 2 June 2027, and 17
            4 April 2026, 2 Juni 2027, dan 17 Oktober                         October 2027.
            2027.

            Tingkat suku bunga pinjaman berkisar antara                       Interest rate of the borrowing ranged from
            7,88% dan 7,75% masing-masing untuk                               7.88%% and 7.75% for withdrawals as of 31
            pencairan per 31 Desember 2024 dan 31                             December 2024 and 31 December 2023.
            Desember 2023.

            Pada tanggal 31 Desember 2024 dan 2023                            As of 31 December 2024 and 2023, the
            saldo pinjaman fasilitas tersebut masing-                         outstanding loan balance under this facility
            masing sebesar Rp138.909 dan Rp59.938.                            amounted to Rp138,909 and Rp59,938
                                                                              respectively.




                                                       Halaman - 193 - Page
1404   Transforming the Future, Empowering Indonesia
Page 804
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA (lanjutan)                            31. BORROWINGS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                  a. By type and currency (continued)

         Lain-lain (lanjutan)                                              Others (continued)

         PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

         PT Bank Digital BCA                                               PT Bank Digital BCA

         Pada tanggal 13 Desember 2023, BNIMF                              On 13 December 2023, BNIMF obtained
         memperoleh       fasilitas  pinjaman       kredit                 installment loan facility from PT Bank Digital
         installment loan dengan PT Bank Digital BCA                       BCA with maximum facility amounting to
         dengan      maksimum       fasilitas     sebesar                  Rp100,000 and tenure of 4 years from the date
         Rp100.000 dengan jangka waktu pinjaman 4                          of withdrawal of each facilities.
         tahun sejak tanggal penarikan fasilitas.

         BNIMF telah menggunakan fasilitas ini                             BNIMF has utilised this facility amounted at
         sebesar Rp100.000 pada tanggal 22                                 Rp100,000 on 22 December 2023, 24 January
         Desember 2023, 24 Januari 2024, 31 Januari                        2024, 31 January 2024, and 27 May 2024
         2024, dan 27 Mei 2024 masing-masing                               which each of the drawdown amounted to
         sebesar Rp4.500, Rp15.000, Rp30.500, and                          Rp4,500, Rp15,000, Rp30,500, and Rp50,000.
         Rp50.000.

         Fasilitas ini memiliki jatuh tempo maksimal 4                     This facility will mature maximum 4 years after
         tahun sejak tanggal penarikan masing-masing                       the drawdown date, which is on 20 December
         pinjaman, yaitu pada tanggal 20 Desember                          2027, 20 January 2027, 20 January 2027, and
         2027, 20 Januari 2027, 20 Januari 2027, dan                       20 May 2028.
         20 Mei 2028.

         Pada 22 Juli 2024, BNIMF memperoleh                               On 22 July 2024, BNIMF obtained installment
         fasilitas pinjaman kredit Installment loan                        loan facility from PT Bank Digital BCA with
         dengan PT Bank Digital BCA Tbk dengan                             maximum facility amounting to Rp350,000 and
         maksimum fasilitas sebesar       Rp350.000                        tenure of 5 years from the date of withdrawal of
         dengan jangka waktu pinjaman 5 tahun sejak                        each facilities.
         tanggal penarikan fasilitas.

         BNIMF telah menggunakan fasilitas ini                             BNIMF has utilised this facility amounted at
         sebesar Rp107.000 pada tanggal 30 Agustus                         Rp107,000 on 30 August 2024, 3 October
         2024, 3 Oktober 2024 , 8 November 2024 dan                        2024, 8 November 2024, and 4 December
         4 Desember 2024, masing-masing sebesar                            2024 which each of the drawdown amounted to
         Rp35.000,    Rp35.000,     Rp17.000    dan                        Rp35,000,    Rp35,000,     Rp17,000,     and
         Rp20.000.                                                         Rp20,000.

         Fasilitas ini memiliki jatuh tempo maksimal 4                     This facility has a maximum maturity of 4 years
         tahun sejak tanggal penarikan masing-masing                       from the date of withdrawal of each loan,
         pinjaman, yaitu pada tanggal 20 Agustus 2028,                     namely on 20 August 2028, 20 September
         20 September 2028, 20 Oktober 2027, dan 20                        2028, 20 October 2027 and 20 November 2027.
         November 2027.

         Selama periode pinjaman, BNIMF memiliki                           During the loan period, BNIMF has to comply
         kewajiban untuk memenuhi ketentuan dalam                          with the terms of the loan agreement which
         perjanjian pinjaman diantaranya:                                  include the following:

         a. Menjaga gearing ratio maksimal 10 kali.                        a.   Maintaining the gearing ratio at a maximum
                                                                                of 10 times.
         b. Menjaga rasio NPF maksimal 5,00%.                              b.   Maintaining the NPF ratio at a maximum of
                                                                                5.00%.




                                                    Halaman - 194 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1405
Page 805
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  31. PINJAMAN YANG DITERIMA (lanjutan)                             31. BORROWINGS (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                  a. By type and currency (continued)

            Lain-lain (lanjutan)                                              Others (continued)

            PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

            PT Bank Digital BCA (lanjutan)                                    PT Bank Digital BCA (continued)

            Tingkat suku bunga pinjaman adalah 7,88%                          Interest rate of the borrowing ranged from
            dan 8,00% pada 31 Desember 2024 dan 2023.                         7.88% and 8.00% during 31 December 2024
                                                                              and 2023.

            Pada tanggal 31 Desember 2024 dan 2023                            As of 31 December 2024 and 2023, the
            saldo pinjaman fasilitas tersebut masing-                         outstanding loan balance under this facility
            masing sebesar Rp178.076 dan Rp4.500.                             amounted to Rp178,076 and Rp4,500,
                                                                              respectively.

            PT Bank Panin Tbk                                                 PT Bank Panin Tbk

            Pada tanggal 13 Oktober 2023, BNIMF                               On 13 October 2023, BNIMF obtained working
            memperoleh fasilitas pinjaman kredit modal                        capital loan facility from PT Bank Panin with
            kerja dengan PT Bank Panin dengan                                 maximum facility amounting to Rp100,000 and
            maksimum fasilitas sebesar Rp100.000                              tenure of 36 months or 48 months from the
            dengan jangka waktu pinjaman 36 bulan atau                        date of withdrawal of each facilities.
            48 bulan sejak tanggal penarikan fasilitas.

            BNIMF telah menggunakan fasilitas ini sebesar                     BNIMF has utilised this facility amounted at
            Rp100.000 pada tanggal 23 November 2023, 5                        Rp100,000 on 23 November 2023, 5 December
            Desember 2023, 19 Desember 2023 dan 5                             2023, 19 December 2023, and 5 January 2024
            Januari   2024    masing-masing       sebesar                     which each of the drawdown amounted to
            Rp10.000, Rp25.000, Rp 30.000 dan                                 Rp10,000, Rp25,000, Rp30,000 and Rp35,000.
            Rp35.000.

            Fasilitas ini memiliki jatuh tempo maksimal 36                    This facility will mature maximum 36 months or
            bulan atau 48 bulan sejak tanggal penarikan                       48 month after the drawdown date, respectively
            masing-masing pinjaman, yaitu pada tanggal                        on 23 November 2027, 4 December 2026,
            23 November 2027, 4 Desember 2026, 18                             18 December 2026 and 5 January 2028.
            Desember 2026 dan 5 Januari 2028.

            Pada tanggal 21 Maret 2024, BNIMF                                 On 21 March 2024, BNIMF obtained additional
            memperoleh       fasilitas pinjaman       kredit                  credit loan facility from PT Bank Panin with
            tambahan dengan PT Bank Panin dengan                              maximum facility amounting to Rp500,000 and
            maksimum fasilitas sebesar Rp500.000                              tenure of 36 months or 48 months from the
            dengan jangka waktu pinjaman 36 bulan atau                        date of withdrawal of each facilities.
            48 bulan sejak tanggal penarikan fasilitas.

            BNIMF telah menggunakan fasilitas ini sebesar                     BNIMF has utilised this facility amounted at
            Rp320.000 pada tanggal 22 April 2024, 2 Mei                       Rp320,000 on 22 April 2024, 2 May 2024, 14
            2024, 14 Mei 2024, 6 Juni 2024, 12 Juni 2024,                     May 2024, 6 June 2024, 12 June 2024, 3 July
            3 Juli 2024, 13 Agustus 2024, 3 Oktober 2024,                     2024, 13 August 2024, 3 October 2024 and 23
            dan 23 Desember 2024 masing-masing                                December 2024 which each of the drawdown
            sebesar Rp30.000, Rp50.000, Rp50.000,                             amounted to respectively amounting to
            Rp50.000, Rp30.000, Rp50.000, Rp30.000,                           Rp30,000, Rp50,000, Rp50,000, Rp50,000,
            Rp20.000, dan Rp10.000.                                           Rp30,000, Rp50,000, Rp30,000, Rp20,000,
                                                                              and Rp10,000.




                                                       Halaman - 195 - Page
1406   Transforming the Future, Empowering Indonesia
Page 806
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA (lanjutan)                            31. BORROWINGS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

         Lain-lain (lanjutan)                                              Others (continued)

         PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

         PT Bank Panin Tbk (lanjutan)                                      PT Bank Panin Tbk (continued)

         Fasilitas ini memiliki jatuh tempo maksimal 36                    This facility will mature maximum 36 months
         dan 48 bulan sejak tanggal penarikan masing-                      and 48 months after the drawdown date, which
         masing pinjaman, yaitu pada tanggal 22 April                      is on 22 April 2028, 30 April 2028, 14 May
         2028, 30 April 2027, 14 Mei 2027, 6 Juni 2028,                    2027, 6 June 2028, 12 June 2028, 3 July
         12 Juni 2028, 3 Juli 2028, 13 Agustus 2027, 3                     2028, 13 August 2027, 3 October 2028 and 22
         Oktober 2028, dan 22 Desember 2028.                               December 2028.

         Tingkat suku bunga pinjaman berkisar antara                       Interest rate of the borrowing ranged from
         8,00% untuk pencairan selama tahun 2024.                          8.00% for withdrawals during 2024.

         Pembayaran bunga dan pokok pinjaman telah                         Interest and principal have been paid by the
         dibayarkan oleh BNIMF sesuai dengan jadwal.                       BNIMF on schedule.

         Selama periode pinjaman, BNIMF memiliki                           During the loan period, BNIMF has to comply
         kewajiban untuk memenuhi ketentuan dalam                          with the terms of the loan agreement which
         perjanjian pinjaman diantaranya:                                  include the following:

         a.   Menjaga gearing ratio maksimal 10 kali.                      a.   Maintaining the gearing ratio at a
                                                                                maximum of 10 times.
         b.   Menjaga rasio NPF maksimal 5,00%.                            b.   Maintaining the NPF ratio at a maximum
                                                                                of 5.00%.

         Pada tanggal 31 Desember 2024 dan 2023,                           As of 31 December 2024 and 2023, the
         saldo pinjaman fasilitas tersebut sebelum                         outstanding loan balance under this facility
         dikurangi biaya provisi masing-masing sebesar                     before deducted by provision cost amounted to
         Rp347.118 dan Rp64.792.                                           Rp347,118 and Rp64,792.

         PT Bank CTBC Indonesia                                            PT Bank CTBC Indonesia

         Pada tanggal 9 Oktober 2021, BNIMF telah                          On 9 October 2021, BNIMF has obtained a
         mendapatkan modal kerja dari PT Bank CTBC                         working capital loan facility from PT Bank
         Indonesia dengan total Rp125.000. Pada                            CTBC Indonesia amounted at Rp125,000. On
         tanggal 9 Oktober 2023, fasilitas ini                             9 October 2023, this facility has been extended
         diperpanjang dan telah jatuh tempo pada                           and has matured on 27 October 2024.
         tanggal 27 Oktober 2024.

         Tingkat suku bunga pinjaman adalah 8,00%                          Interest rate of the borrowing is 8.00% for
         untuk pencairan selama 31 Desember 2024                           withdrawal during 31 December 2024 and
         dan 2023.                                                         2023.

         Pada tanggal 31 Desember 2024 dan                                 As of 31 December 2024 and 2023, the
         2023 saldo pinjaman fasilitas tersebut adalah                     outstanding loan balance under this facility
         masing-masing sebesar Rpnihil dan Rp10.000.                       amounted to Rpnil and Rp10,000, respectively.




                                                    Halaman - 196 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1407
Page 807
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  31. PINJAMAN YANG DITERIMA (lanjutan)                             31. BORROWINGS (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

            Lain-lain (lanjutan)                                              Others (continued)

            PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

            PT Bank Danamon Indonesia                                         PT Bank Danamon Indonesia

            Pada tanggal 25 Februari 2024, BNIMF                              On 25 February 2024, BNIMF obtained
            memperoleh fasilitas pinjaman kredit modal                        working capital loan facility from PT Bank
            kerja dengan PT Bank Danamon Indonesia                            Danamon Indonesia with maximum facility
            dengan    maksimum       fasilitas sebesar                        amounting to Rp500,000 and tenure of 48
            Rp500.000 dengan jangka waktu pinjaman 48                         months.
            bulan.

            BNIMF telah menggunakan fasilitas ini sebesar                     BNIMF has utilised this facility amounted at
            Rp500.000 pada tanggal 13 Maret 2024, 4                           Rp500,000 on 13 March 2024, 4 April 2024, 25
            April 2024, 25 April 2024, 2 Mei 2024, 30 Mei                     April 2024, 2 May 2024, 30 May 2024, 24 June
            2024, 24 Juni 2024, 3 Juli 2024, 5 Agustus                        2024, 3 July 2024, 5 August 2024, and 4
            2024, dan 4 September 2024 masing-masing                          September 2024 which each of the drawdown
            sebesar Rp100.000, Rp50.000, Rp50.000,                            amounted to Rp100,000, Rp50,000, Rp50,000,
            Rp50.000, Rp50.000, Rp50.000, Rp50.000,                           Rp50,000, Rp50,000, Rp50,000, Rp50,000,
            Rp50.000, dan Rp50.000.                                           Rp50,000, and Rp50,000.

            Fasilitas ini memiliki jatuh tempo maksimal 48                    This facility will mature maximum 48 months
            bulan sejak tanggal penarikan masing-masing                       after the drawdown date, which is on 13 March
            pinjaman, yaitu pada tanggal 13 Maret 2028, 4                     2028, 4 April 2028, 25 April 2028, 2 May
            April 2028, 25 April 2028, 2 Mei 2028, 30 Mei                     2028, 30 May 2028, 24 June 2028, 3 July
            2028, 24 Juni 2028, 3 Juli 2028, 5 Agustus                        2028, 5 August 2028, and 4 September 2028.
            2028, dan 4 September 2028.

            Tingkat suku bunga pinjaman adalah 8,00%                          Interest rate of the borrowing was 8.00% for
            untuk pencairan selama 31 Desember 2024.                          withdrawal during 31 December 2024.

            Selama periode pinjaman, BNIMF memiliki                           During the loan period, BNIMF has to comply
            kewajiban untuk memenuhi ketentuan dalam                          with the terms of the loan agreement which
            perjanjian pinjaman diantaranya:                                  include the following:

            a   Menjaga gearing ratio maksimal 7 kali.                        a.   Maintaining the gearing ratio at a
                                                                                   maximum of 7 times.
            b   Menjaga rasio NPF maksimal 3,00%.                             b.   Maintaining the NPF ratio at a maximum
                                                                                   of 3.00%.

            Pada tanggal 31 Desember 2024 dan 2023,                           As of 31 December 2024 and 2023, the
            saldo pinjaman fasilitas tersebut masing-                         outstanding loan balance under this facility
            masing sebesar Rp434.867 dan Rpnihil.                             amounted      to Rp434,867    and    Rpnil,
                                                                              respectively.




                                                       Halaman - 197 - Page
1408   Transforming the Future, Empowering Indonesia
Page 808
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA (lanjutan)                            31. BORROWINGS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

         Lain-lain (lanjutan)                                              Others (continued)

         PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

         PT Bank Permata                                                   PT Bank Permata

         Pada tanggal 20 Maret 2024, Perusahaan                            On 20 March 2024, the Company obtained
         memperoleh fasilitas I pinjaman kredit modal                      working capital loan facility I from PT Bank
         kerja dengan PT Permata dengan maksimum                           Permata with maximum facility amounting to
         fasilitas sebesar Rp400.000 dengan jangka                         Rp400,000 and tenure of 54 months.
         waktu pinjaman 54 bulan.

         BNIMF telah menggunakan fasilitas ini sebesar                     BNIMF has utilised this facility amounted at
         Rp130.000 pada tanggal 27 Juni 2024, 3 Juli                       Rp130,000 on 27 June 2024, 3 July 2024, and
         2024, dan 5 Agustus 2024 masing-masing                            5 August 2024 which each of the drawdown
         sebesar Rp30.000, Rp50.000, dan Rp50.000.                         amounted to Rp30,000, Rp50,000, and
                                                                           Rp50,000.

         Fasilitas ini memiliki jatuh tempo maksimal 36                    This facility will mature maximum 36 months or
         bulan atau 48 bulan sejak tanggal penarikan                       48 month after the drawdown date,
         masing-masing yaitu pada tanggal 27 Juni                          respectively on 27 June 2027, 3 July 2027,
         2027, 3 Juli 2027, dan 5 Agustus 2027.                            and 5 August 2027.

         BNIMF memperoleh fasilitas II pinjaman kredit                     BNIMF obtained a working capital credit facility
         modal kerja dengan PT Bank Permata dengan                         II with PT Bank Permata with a maximum
         maksimum fasilitas sebesar Rp100.000                              facility of Rp100,000 with a loan term from the
         dengan jangka waktu pinjaman sejak                                signing of the Agreement (PK) until November
         penandatanganan Perjanjian (PK) sampai 30                         30, 2025. BNIMF has used this facility for
         November 2025. BNIMF telah menggunakan                            Rp25,000 and 10,000 on 19 November 2024
         fasilitas ini sebesar Rp 25.000 dan 10.000                        and 13 December 2024. This facility has a
         pada tanggal 19 November 2024 dan 13                              maximum maturity of 7 days on 26 November
         Desember 2024. Fasilitas ini memiliki jatuh                       2024 and 20 December 2024.
         tempo maksimal 7 hari pada tanggal 26
         November 2024 dan 20 Desember 2024.

         Tingkat suku bunga pinjaman adalah 8,00%                          Interest rate of the borrowing ranged from
         untuk pencairan selama 31 Desember 2024.                          8.00% for withdrawals during 31 December
                                                                           2024.

         Pada tanggal 31 Desember 2024 dan 2023,                           As of 31 December 2024 and 2023, the
         saldo pinjaman fasilitas tersebut masing-                         outstanding loan balance under this facility
         masing sebesar Rp112.500 dan Rpnihil.                             amounted      to Rp112,500    and    Rpnil,
                                                                           respectively.




                                                    Halaman - 198 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1409
Page 809
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  31. PINJAMAN YANG DITERIMA (lanjutan)                             31. BORROWINGS (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

            Lain-lain (lanjutan)                                              Others (continued)

            PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

            PT Bank Ganesha                                                   PT Bank Ganesha

            Pada tanggal 22 Maret 2024, Perusahaan                            On 22 March 2024, the Company obtained
            memperoleh fasilitas pinjaman kredit modal                        working capital loan facility from PT Bank
            kerja dengan PT Bank Ganesha dengan                               Ganesha with maximum facility amounting to
            maksimum fasilitas sebesar Rp100.000                              Rp100,000 and tenure of 4 years.
            dengan jangka waktu pinjaman 4 tahun.

            BNIMF telah menggunakan fasilitas ini sebesar                     BNIMF has utilised this facility amounted at
            Rp 100,000 pada tanggal 19 April 2024, 3 Mei                      Rp100,000 on 19 April 2024, 3 May 2024, and
            2024, dan 5 Juni 2024 masing-masing sebesar                       5 June 2024 which each of the drawdown
            Rp30.000, Rp30.000, dan Rp40.000.                                 amounted to Rp30,000, Rp30,000, and
                                                                              Rp40,000.

            Fasilitas ini memiliki jatuh tempo maksimal 48                    This facility will mature maximum 48 months
            Bulan sejak tanggal penarikan masing-masing                       after the drawdown date, respectively on 19
            pinjaman, yaitu pada tanggal 19 April 2028, 3                     April 2028, 3 May 2028, and 5 June 2028
            Mei 2028, dan 5 Juni 2028.

            Tingkat suku bunga pinjaman adalah 8,00%                          Interest rate of the borrowing was 8.00% for
            untuk pencairan selama 31 Desember 2024.                          withdrawal during 31 December 2024.

            Selama periode pinjaman, BNIMF memiliki                           During the loan period, BNIMF has to comply
            kewajiban untuk memenuhi ketentuan dalam                          with the terms of the loan agreement which
            perjanjian pinjaman diantaranya:                                  include the following:

            a.   Menjaga gearing ratio maksimal 8 kali.                       a. Maintaining the gearing ratio at a maximum
                                                                                 of 8 times.
            b.   Menjaga rasio NPF maksimal 3,00%.                            b. Maintaining the NPF ratio at a maximum of
                                                                                 3.00%.
            c.   Menjaga rasio piutang lancar minimal                         c. Maintaining the Current Receivable ratio at
                 85,00%.                                                         a minimum of 85.00%
            Ě͘   Menjaga rasio piutang pembiayaan                             d. Maintaining the financing to assets ratio at
                 terhadap total aset minimal 40,00%.                            a minimum of 40.00%


            Pada tanggal 31 Desember 2024 dan 2023,                           As of 31 December 2024 and 2023, the
            saldo pinjaman fasilitas tersebut masing-                         outstanding loan balance under this facility
            masing sebesar Rp85.625 dan Rpnihil.                              amounted to Rp85,625 and Rpnil, respectively.




                                                       Halaman - 199 - Page
1410   Transforming the Future, Empowering Indonesia
Page 810
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA (lanjutan)                            31. BORROWINGS (continued)

    a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

         Lain-lain (lanjutan)                                              Others (continued)

         PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

         PT Bank Jago Tbk                                                  PT Bank Jago Tbk

         Pada tanggal 26 Juli 2024, BNIMF                                  On 26 July 2024, BNIMF obtained a working
         memperoleh fasilitas pinjaman kredit modal                        capital loan facility with PT Bank Jago Tbk with
         kerja dengan PT Bank Jago Tbk dengan                              a maximum facility of Rp500,000 with a loan
         maksimum fasilitas sebesar Rp500.000                              term of 72 months.
         dengan jangka waktu pinjaman 72 bulan.

         BNIMF telah menggunakan fasilitas ini sebesar                     BNIMF has utilised this facility amounted at
         Rp164.000 pada tanggal 31 Juli 2024, 22                           Rp164,000 on 31 July 2024, 22 August 2024,
         Agustus 2024, 4 September 2024, 18 Oktober                        4 September 2024, 18 October 2024, and 12
         2024, dan 12 November 2024 masing-masing                          November 2024 which each of the drawdown
         sebesar Rp49.000, Rp25.000, Rp50.000,                             amounted to Rp49,000, Rp25,000, Rp50,000,
         Rp15.000, dan Rp25.000.                                           Rp15,000, and Rp25,000.

         Fasilitas ini memiliki jatuh tempo maksimal 60                    This facility will mature maximum 60 months
         bulan sejak tanggal penarikan masing-masing                       after the drawdown date, respectively on 31
         pinjaman yaitu pada tanggal 31 Juli 2029, 22                      July 2029, 22 August 2029, 4 September
         Agustus 2029, 4 September 2029, 18 Oktober                        2029, 18 October 2029, and 12 November
         2029, dan 12 November 2029.                                       2029.

         Tingkat suku bunga pinjaman adalah 7,75%                          Interest rate of the borrowing was 7.75% for
         untuk pencairan selama 31 Desember 2024.                          withdrawal during 31 December 2024.

         Pada tanggal 31 Desember 2024 dan 2023,                           As of 31 December 2024 and 2023, the
         saldo pinjaman fasilitas tersebut masing-                         outstanding loan balance under this facility
         masing sebesar Rp156.394 dan Rpnihil.                             amounted      to Rp156,394    and    Rpnil,
                                                                           respectively.

         PT Bank Maybank Indonesia Tbk                                     PT Bank Maybank Indonesia Tbk

         Pada tanggal 21 Agustus 2024, BNIMF                               On 21 August 2024, BNIMF obtained working
         memperoleh fasilitas pinjaman kredit modal                        capital loan facility from PT Bank Maybank
         kerja dengan PT Bank Maybank Indonesia                            Indonesia    Tbk     with  maximum   facility
         dengan     maksimum      fasilitas sebesar                        amounting to Rp450,000 and Rp50,000 and
         Rp450.000 dan Rp50.000 dengan jangka                              tenure of 60 months.
         waktu pinjaman 60 bulan.

         Tingkat suku bunga pinjaman adalah 7,90%                          Interest rate of the borrowing was 7.90% for
         untuk pencairan selama 31 Desember 2024.                          withdrawal during 31 December 2024.

         BNIMF telah menggunakan fasilitas ini sebesar                     BNIMF has used this facility for Rp40,000 on
         Rp40.000 pada tanggal 19 September 2024,                          19 September 2024, Rp30,000 on 4 November
         Rp30.000 pada tanggal 4 November 2024, dan                        2024, and Rp15,000 on 10 December 2024.
         Rp 15.000 pada tanggal 10 Desember 2024.




                                                    Halaman - 200 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1411
Page 811
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  31. PINJAMAN YANG DITERIMA (lanjutan)                             31. BORROWINGS (continued)

       a.   Berdasarkan jenis dan mata uang (lanjutan)                  a.    By type and currency (continued)

            Lain-lain (lanjutan)                                              Others (continued)

            PT BNI Multifinance (BNIMF): (lanjutan)                           PT BNI Multifinance (BNIMF): (continued)

            PT Bank Maybank Indonesia Tbk (lanjutan)                          PT Bank Maybank Indonesia Tbk (continued)

            Fasilitas ini memiliki jatuh tempo maksimal 48                    This facility will mature maximum 48 months
            bulan sejak tanggal penarikan masing-masing                       after the drawdown date, respectively on 19
            yaitu pada tanggal 19 September 2028, 4                           September 2028, 4 November 2028, and 10
            November 2028, dan 10 Desember 2028.                              December 2028.

            Pada tanggal 31 Desember 2024 dan 31                              As of 31 December 2024 and 31 December
            Desember 2023, saldo pinjaman fasilitas                           2023, the outstanding loan balance under this
            tersebut masing-masing sebesar Rp81.875                           facility amounted to Rp81,875 and Rpnil,
            dan Rpnihil.                                                      respectively.

            PT Bank of India Indonesia Tbk                                    PT Bank of India Indonesia Tbk

            Pada tanggal 15 October 2024, BNIMF                               On 15 October 2024, BNIMF obtained a
            memperoleh fasilitas pinjaman kredit modal                        working capital loan facility with PT Bank of
            kerja dengan PT Bank of India Indonesia,                          India Indonesia, based on Credit Agreement
            berdasarkan Perjanjian Kredit No. 7 dengan                        No. 7, with a maximum facility amount of
            maksimum fasilitas sebesar Rp200.000                              Rp200,000 and a loan term of 42 months.
            dengan jangka waktu pinjaman 42 bulan.

            Tingkat suku bunga pinjaman adalah 7,75%                          Interest rate of the borrowing was 7.75% for
            untuk pencairan selama 31 Desember 2024.                          withdrawal during 31 December 2024.

            BNIMF telah menggunakan fasilitas ini sebesar                     BNIMF has utilized this facility in the amount of
            Rp65.000 pada tanggal 24 Oktober 2024, 30                         Rp65,000 on 24 October 2024, 30 October
            Oktober 2024, 28 November 2024, dan 16                            2024, 28 November 2024, and 16 December
            Desember 2024 masing-masing sebesar                               2024, with amounts of Rp18,000, Rp12,000,
            Rp18.000, Rp12.000, Rp 20.000, dan                                and Rp20,000, and Rp15,000 respectively.
            Rp15.000.

            Fasilitas ini memiliki jatuh tempo 36 bulan                       This facility has a maturity of 36 months from
            sejak tanggal penarikan masing-masing yaitu                       the date of each withdrawal, which is on 24
            pada tanggal tanggal 24 Oktober 2027, 30                          October 2027, 30 October 2027, 28
            Oktober 2027, 28 November 2027 dan 16                             November 2027, and 16 December 2027.
            Desember 2027.

            Pada tanggal 31 Desember 2024 dan 2023,                           As of 31 December 2024 and 2023, the loan
            saldo pinjaman fasilitas tersebut masing-                         balance of the facility was Rp62,778 and Rpnil
            masing sebesar Rp62.778 dan Rpnihil.                              respectively.




                                                       Halaman - 201 - Page
1412   Transforming the Future, Empowering Indonesia
Page 812
                                                PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                   DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                      (Expressed in millions of Rupiah, unless otherwise stated)

31. PINJAMAN YANG DITERIMA (lanjutan)                                                       31. BORROWINGS (continued)

    b.    Berdasarkan hubungan                                                                   b.       By relationship

                                                                          2024                        2023
          Pihak berelasi                                                                                                                         Related parties
            Rupiah                                                          1,525,707                         772,360                                   Rupiah
            Mata uang asing                                                    48,504                          51,808                        Foreign currencies

          Total pihak berelasi                                              1,574,211                         824,168                          Total related parties

          Pihak ketiga                                                                                                                              Third parties
            Rupiah                                                          1,385,376                        260,142                                    Rupiah
            Mata uang asing                                                39,971,857                     29,865,298                         Foreign currencies

          Total pihak ketiga                                               41,357,233                     30,125,440                              Total third parties

                                                                           42,931,444                     30,949,608


    c.    Tingkat suku bunga per tahun                                                           c.       Annual interest rates

                                                                        Dolar                                        Dolar
                                               Dolar Amerika          Singapura/             Won Korea             Australia/          Euro Eropa/
                                               Serikat//United        Singapore             Selatan/South          Australian           European
                           Rupiah               States Dollar           Dollar               Korean Won             Dollar                Euro
                             %                       %                    %                       %                   %                    %

          2024                7.18 - 9.50          4.52 - 6.00                    3.86                3.60                      5.26      3.07 - 3.18           2024
          2023                7.50 - 9.50          0.90 - 6.54                       -                   -                         -                -           2023


32. EFEK-EFEK SUBORDINASI                                                                   32. SUBORDINATED SECURITIES
                                                                   2024                                     2023

                                                      Saldo/              Peringkat/             Saldo/            Peringkat/
                                                     Balance               Rating               Balance             Rating


    BNI Tier 2 Subordinated Notes
          setelah dikurangi biaya                                                                                                                     Subordinated Tier 2,
          penerbitan yang belum diamortisasi                                                                                               net of unamortised issuance
          sebesar Rp1.303 pada tanggal                                                                                                 cost amounting to Rp1,303 as of
          31 Desember 2024 dan Rp2.287                                                                                                 31 December 2024 and Rp2,287
          pada tanggal 31 Desember 2023                8,046,197                  Ba2**)          7,696,213               Ba2**)               as of 31 December 2023
                                                                                  BB***)                                  BB***)

    BNI Additional Tier 1 Capital Securities
         setelah dikurangi biaya penerbitan                                                                                                Subordinated Additional Tier 1,
         yang belum diamortisasi                                                                                                           net of unamortised issuance
         sebesar Rp4.014 pada tanggal                                                                                                  cost amounting to Rp4,014 as of
         31 Desember 2024 dan Rp5.682                                                                                                  31 December 2024 and Rp5,682
         pada tanggal 31 Desember 2023                 9,652,986                 Ba3****)         9,232,518              Ba3****)              as of 31 December 2023

                                                      17,699,183                                 16,928,731

          **) Moody’s Ba2
          ***) Fitch BB
          ****) Moody’s Ba3




                                                                     Halaman - 202 - Page                                             2024 Annual Report
                                                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                       1413
Page 813
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  32. EFEK-EFEK SUBORDINASI (lanjutan)                              32. SUBORDINATED SECURITIES (continued)

       BNI Tier 2 Subordinated Notes                                    BNI Tier 2 Subordinated Notes

       Pada tanggal 30 Maret 2021, BNI telah                            On 30 March 2021, BNI has issued Tier 2
       menerbitkan Tier 2 Subordinated Notes (BNI Tier 2                Subordinated Notes (BNI Tier 2 Capital Bond
       Capital Bond 2021) sebesar USD500 juta jangka                    2021) with total nominal value of USD500 million
       waktu 5 tahun, dengan kupon sebesar 3,75% per                    with the term of 5 years and coupon of 3.75% per
       tahun yang dibayarkan setiap semester, dan                       annum paid on semi-annual basis, and listed in
       tercatat di Singapore Exchange. Tier 2                           Singapore Exchange. Tier 2 Subordinated Notes
       Subordinated Notes dapat dicatat sebagai                         can be treated as supplementary capital
       komponen modal pelengkap (Tier 2) sesuai                         components (Tier 2) according to the approval
       persetujuan dari Otoritas Jasa Keuangan melalui                  from Financial Services Authority through letter
       surat No. S-64/PB.31/2021 tanggal 31 Maret 2021.                 No. S-64/PB.31/2021 dated 31 March 2021.

       Pada tanggal 31 Desember 2024, BNI Tier 2                        As of 31 December 2024, the net value of BNI Tier
       Capital Bond 2021 memiliki nilai bersih sebesar                  2 Capital Bond 2021 was Rp8,046,197 after
       Rp8.046.197 setelah dikurangi biaya penerbitan                   deducting unamortised issuance cost amounted
       yang belum diamortisasi sebesar Rp1.303                          Rp1,303 (31 December 2023: Rp7,696,213).
       (31 Desember 2023: Rp7.696.213).

       Penggunaan dana hasil penerbitan Tier 2                          The proceeds from Tier 2 Subordinated Notes
       Subordinated Notes digunakan oleh BNI untuk                      issuance was used by BNI to strengthen tier 2
       memperkuat modal pelengkap (tier 2) dan modal                    capital and working capital in the context of
       kerja dalam rangka pengembangan usaha                            business      development,      especially  loan
       terutama pemberian kredit serta peningkatan                      disbursement and increase in the composition of
       komposisi struktur dana jangka panjang, sesuai                   the long-term fund structure, in accordance with
       dengan     Peraturan OJK No. 11/POJK.03/2016                     OJK Regulation No. 11/POJK.03/2016 concerning
       tentang Kewajiban Penyediaan Modal Minimum                       the Minimum Capital Requirement for Commercial
       Bank Umum sebagaimana telah diubah dengan                        Banks as amended by OJK Regulation No.
       Peraturan OJK No. 34/POJK.03/2016 dan                            34/POJK.03/2016 and will then be used by BNI to
       selanjutnya akan digunakan oleh BNI untuk                        support increase in productive assets.
       mendukung peningkatan aset produktif.

       Pada tanggal 31 Desember 2024 dan 2023, BNI                      As of 31 December 2024 and 2023, BNI obtained
       telah memperoleh hasil pemeringkatan atas Tier 2                 the rating of Tier 2 Subordinated Notes from
       Subordinated Notes dari Moody’s dan Fitch dengan                 Moody’s and Fitch with Ba2 and BB rating,
       peringkat masing-masing Ba2 dan BB.                              respectively.

       Tier 2 Subordinated Notes ini dapat mengalami                    This Tier 2 Subordinated Notes can experience
       write down dan ditangguhkan pembayaran pokok                     write down and the payment of principal and
       dan bunganya apabila OJK menetapkan bahwa                        interest will be postponed if the OJK stipulates that
       BNI berpotensi terganggu kelangsungan usahanya                   BNI has the potential to be subject to business
       (point of non-viability) sesuai dengan peraturan                 continuity issues (point of non-viability) in
       OJK No. 11/POJK.03/2016 yang diubah dengan                       accordance          with       OJK        regulations
       peraturan OJK No. 34/POJK.03/2016. Point of non-                 No. 11/POJK.03/2016 amended by OJK regulation
       viability terjadi akibat bank mencapai trigger level             No. 34/POJK.03/2016. Point of non-viability occurs
       pada indikator permodalan yang ditetapkan OJK,                   due to a bank achieving a trigger level in the
       sesuai SEOJK No. 20/SEOJK.03/2016 Fitur                          capital indicator set by OJK, according to SEOJK
       Konversi Menjadi Saham Biasa atau Write Down                     No. 20/SEOJK.03/2016 Conversion Features into
       terhadap Instrumen Modal Inti Tambahan dan                       Common Shares or Write Down of Additional Core
       Modal Pelengkap.                                                 Capital Instruments and Supplementary Capital.




                                                       Halaman - 203 - Page
1414   Transforming the Future, Empowering Indonesia
Page 814
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

32. EFEK-EFEK SUBORDINASI (lanjutan)                             32. SUBORDINATED SECURITIES (continued)

    BNI Additional Tier 1 Capital Securities                         BNI Additional Tier 1 Capital Securities

    Pada tanggal 24 September 2021, BNI telah                        On 24 September 2021, BNI has issued Additional
    menerbitkan Additional Tier 1 Capital Securities                 Tier 1 Capital Securities (BNI Additional Tier 1
    (BNI Additional Tier 1 Capital Bond 2021) sebesar                Capital Bond 2021) with total nominal value of
    nilai nominal USD600 juta dan tidak memiliki                     USD600 million perpetual non callable 5.5 years
    jangka waktu, dengan opsi call 5,5 tahun, dengan                 and coupon of 4.30% per annum paid on semi-
    kupon sebesar 4,30% per tahun yang dibayarkan                    annual basis, and listed in Singapore Exchange.
    setiap semester, dan tercatat di Singapore                       Additional Tier 1 Capital Securities can be treated
    Exchange. Additional Tier 1 Capital Securities                   as supplementary capital components (Additional
    dapat dicatat sebagai komponen modal inti                        Tier 1) according to the approval from Financial
    tambahan (Additional Tier 1) sesuai persetujuan                  Services     Authority     through     letter   No.
    dari Otoritas Jasa Keuangan melalui surat No. S-                 S-210/PB.31/2021 dated 30 September 2021.
    210/PB.31/2021 tanggal 30 September 2021.

    Pada tanggal 31 Desember 2024, BNI Additional                    As of 31 December 2024, the net value of BNI
    Tier 1 Capital Bond 2021 memiliki nilai bersih                   Additional Tier 1 Capital Bond 2021 was
    sebesar Rp9.652.986 setelah dikurangi biaya                      Rp9,652,986 after deducting unamortised issuance
    penerbitan yang belum diamortisasi sebesar                       cost amounted Rp4,014 (31 December 2023:
    Rp4.014 (31 Desember 2023: Rp9.232.518).                         Rp9,232,518).

    Pada tanggal 31 Desember 2024 dan 2023, BNI                      As of 31 December 2024 and 2023, BNI obtained
    telah memperoleh hasil pemeringkatan atas                        the rating of Additional Tier 1 Capital Securities
    Additional Tier 1 Capital Securities dari Moody’s                from Moody’s with Ba3 rating.
    Ba3.

    Additional Tier 1 Capital Securities yang diterbitkan            Additional Tier 1 Capital Securities issued has
    telah      mengikuti        persyaratan        POJK              comply in accordance with OJK Regulation
    No. 11/POJK.03/2016 (Pasal 15) sehingga                          No. 11/POJK.03/2016 (Article 15) hence the
    instrumen keuangan tersebut dapat dikategorikan                  financial instrument can be categorised as
    sebagai Modal Inti Tambahan (Additional Tier 1).                 supplementary capital components (Additional Tier
    Namun, terdapat klausul mandatory redemption -                   1). However, there is a mandatory redemption
    redemption for a capital trigger event ketika CAR                clause - redemption for a capital trigger event
    BNI mencapai rasio tertentu maka Bank harus                      when BNI's CAR reaches a certain ratio, the Bank
    melakukan pelunasan terhadap sisa pokok dan                      shall pay off the remaining principal and interest
    bunga dari AT-1. Oleh karena itu, Bank mencatat                  from AT-1. Therefore, the Bank recorded this BNI
    BNI Additional Tier 1 Capital Securities ini sebagai             Additional Tier 1 Capital Securities as a liability
    instrumen liabilitas pada laporan keuangan                       instrument    in   the    consolidated   financial
    konsolidasian.                                                   statements.

    Additional Tier 1 Capital Securities ini dapat                   This Additional Tier 1 Capital Securities can
    mengalami write down dan ditangguhkan                            experience write down and the payment of
    pembayaran pokok dan bunganya apabila OJK                        principal and interest will be postponed if the OJK
    menetapkan bahwa BNI berpotensi terganggu                        stipulates that BNI has the potential to be subject
    kelangsungan usahanya (point of non-viability)                   to business continuity issues (point of non-viability)
    sesuai           dengan        peraturan       OJK               in accordance with OJK regulations No.
    No. 11/POJK.03/2016 yang diubah dengan                           11/POJK.03/2016 amended by OJK regulation No.
    peraturan OJK No. 34/POJK.03/2016. Point of non-                 34/POJK.03/2016. Point of non-viability occurs due
    viability terjadi akibat bank mencapai trigger level             to a bank achieving a trigger level in the capital
    pada indikator permodalan yang ditetapkan OJK,                   indicator set by OJK, according to SEOJK No.
    sesuai SEOJK No. 20/SEOJK.03/2016 Fitur                          20/SEOJK.03/2016 Conversion Features into
    Konversi Menjadi Saham Biasa atau Write Down                     Common Shares or Write Down of Additional Core
    terhadap Instrumen Modal Inti Tambahan dan                       Capital Instruments and Supplementary Capital.
    Modal Pelengkap.




                                                    Halaman - 204 - Page                             2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1415
Page 815
                                             PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                               NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                    FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                    31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                             (Expressed in millions of Rupiah, unless otherwise stated)

  33. MODAL SAHAM DAN TAMBAHAN MODAL                                                 33. SHARE CAPITAL AND ADDITIONAL PAID-IN
      DISETOR                                                                            CAPITAL

       Modal saham                                                                            Share capital

       Pada tanggal-tanggal 31 Desember 2024 dan                                              As of 31 December 2024 and 2023, BNI’s share
       2023, kepemilikan modal saham BNI adalah                                               capital ownership are as follows:
       sebagai berikut:
                                                                             2024
                                              Jumlah lembar
                                                  saham
                                             ditempatkan dan
                                              disetor penuh/              Persentase
                                                Number of              kepemilikan (%)/
                                              shares issued               Percentage                Jumlah/
               Pemegang saham                  and fully paid          of ownership (%)             Amount                       Shareholders
       Saham Seri A Dwiwarna                                                                                                          Class A Dwiwarna share
         Negara Republik Indonesia                              1                         -                     -                     Republic of Indonesia

       Saham Seri B                                                                                                                            Class B shares
         Negara Republik Indonesia                  434,012,799                       1.16              1,627,548                     Republic of Indonesia
         Masyarakat
            (kepemilikan masing-masing                                                                                          Public (ownership less than
            dibawah 5% untuk setiap pihak)          144,670,934                       0.39                542,516                             5% each)
       Total saham Seri B                           578,683,733                       1.55              2,170,064                         Total Class B shares

       Saham Seri C                                                                                                                              Class C shares
         Negara Republik Indonesia                21,944,374,950                     58.84              4,114,570                     Republic of Indonesia
         Perseroan terbatas                                                                                                       Limited liability company
            (kepemilikan masing-masing                                                                                                   (ownership less
            dibawah 5% untuk setiap pihak)         1,207,509,576                      3.24               226,408                          than 5% each)
         Badan usaha asing                                                                                                     Foreign investment entities
            (kepemilikan masing-masing                                                                                              (ownership less than
            dibawah 5% untuk setiap pihak)         9,786,139,529                     26.24              1,834,901                                5% each)
         Putrama Wahju Setyawan (Direktur)             3,879,526                      0.01                   727      Putrama Wahju Setyawan (Director)
         Royke Tumilaar (Direktur)                     3,656,941                      0.01                   686                  Royke Tumilaar (Director)
         Ronny Venir (Direktur)                        3,539,596                      0.01                   664                     Ronny Venir (Director)
         Corina Leyla Karnalies (Direktur)             3,506,474                      0.01                   657         Corina Leyla Karnalies (Director)
         Novita Widya Anggraini (Direktur)             3,143,884                      0.01                   589         Novita Widya Anggraini (Director)
         David Pirzada (Direktur)                      2,859,984                      0.01                   536                   David Pirzada (Director)
         Mucharom (Direktur)                           2,541,148                      0.01                   476                       Mucharom (Director)
         Toto Prasetyo (Direktur)                      2,163,696                      0.01                   406                   Toto Prasetyo (Director)
         Askolani (Komisaris)                          1,752,462                      0.00                   329                  Askolani (Commissioner)
         Fadlansyah Lubis (Komisaris)                    986,860                      0.00                   185        Fadlansyah Lubis (Commissioner)
         Hussein Paolo Kartadjoemena (Direktur)          918,611                      0.00                   172 Hussein Paolo Kartadjoemena (Director)
         Robertus Billitea (Komisaris)                   864,066                      0.00                   162          Robertus Billitea(Commissioner)
         Pahala Nugraha Mansury (Komisaris)              677,291                      0.00                   127 Pahala Nugraha Mansury (Commissioner)
         I Made Sukajaya (Direktur)                      576,912                      0.00                   108                I Made Sukajaya (Director)
         Agung Prabowo (Direktur)                        101,356                      0.00                     19                Agung Prabowo (Director)
         Masyarakat
            (kepemilikan masing-masing                                                                                          Public (ownership less than
            dibawah 5% untuk setiap pihak)         3,749,436,320                     10.05                703,021                             5% each)
       Total saham Seri C                         36,718,629,182                     98.45              6,884,743                         Total Class C shares

       Total                                      37,297,312,916                    100.00              9,054,807                                        Total

       Saham treasuri                                           -                                               -                             Treasury shares




                                                                    Halaman - 205 - Page
1416   Transforming the Future, Empowering Indonesia
Page 816
                                            PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                               DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                  NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                       FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                       31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                              (Expressed in millions of Rupiah, unless otherwise stated)

33. MODAL SAHAM DAN TAMBAHAN MODAL                                                  33. SHARE CAPITAL AND ADDITIONAL PAID-IN
    DISETOR (lanjutan)                                                                  CAPITAL (continued)

    Modal saham (lanjutan)                                                                   Share Capital (continued)

                                                                            2023
                                             Jumlah lembar
                                                 saham
                                            ditempatkan dan
                                             disetor penuh/              Persentase
                                               Number of              kepemilikan (%)/
                                             shares issued               Percentage                Jumlah/
            Pemegang saham                    and fully paid          of ownership (%)             Amount                     Shareholders
    Saham Seri A Dwiwarna                                                                                                          Class A Dwiwarna share
      Negara Republik Indonesia                                1                         -                       -                 Republic of Indonesia


    Saham Seri B                                                                                                                            Class B shares
      Negara Republik Indonesia                   434,012,799                        1.16              1,627,548                   Republic of Indonesia
      Masyarakat
         (kepemilikan masing-masing                                                                                          Public (ownership less than
         dibawah 5% untuk setiap pihak)           144,670,934                        0.39                542,516                           5% each)
    Total saham Seri B                            578,683,733                        1.55              2,170,064                       Total Class B shares


    Saham Seri C                                                                                                                               Class C shares
      Negara Republik Indonesia                21,944,374,950                       58.90              4,114,570                    Republic of Indonesia
      Perseroan terbatas                                                                                                        Limited liability company
          (kepemilikan masing-masing                                                                                                    (ownership less
          dibawah 5% untuk setiap pihak)         1,668,794,017                       4.48                312,899                         than 5% each)
      Badan usaha asing                                                                                                        Foreign investment entities
          (kepemilikan masing-masing                                                                                              (ownership less than
          dibawah 5% untuk setiap pihak)       10,119,917,947                       27.16              1,897,485                               5% each)
      Putrama Wahju Setyawan (Direktur)             1,686,386                        0.00                    316     Putrama Wahju Setyawan (Director)
      Sis Apik Wijayanto (Direktur)                 1,579,946                        0.00                    296             Sis Apik Wijayanto (Director)
      Adi Sulistyowati (Direktur)                     905,706                        0.00                    170                Adi Sulistyowati (Director)
      Ronny Venir (Direktur)                        1,559,656                        0.00                    292                   Ronny Venir (Director)
      Corina Leyla Karnalies (Direktur)             1,442,034                        0.00                    270         Corina Leyla Karnalies (Director)
      Royke Tumilaar (Direktur)                     1,115,346                        0.00                    209                Royke Tumilaar (Director)
      Muhammad Iqbal (Direktur)                       948,044                        0.00                    178              Muhammad Iqbal (Director)
      Novita Widya Anggraini (Direktur)               948,044                        0.00                    178        Novita Widya Anggraini (Director)
      Silvano Winston Rumantir (Direktur)             948,044                        0.00                    178     Silvano Winston Rumantir (Director)
      David Pirzada (Direktur)                        880,044                        0.00                    165                  David Pirzada (Director)
      Askolani (Komisaris)                            809,086                        0.00                    152                 Askolani (Commissioner)
      Susyanto (Komisaris)                            634,594                        0.00                    119                Susyanto (Commissioner)
      Mucharom (Direktur)                             348,008                        0.00                     65                     Mucharom (Director)
      Toto Prasetyo (Direktur)                         89,856                        0.00                     17                  Toto Prasetyo (Director)
      Fadlansyah Lubis (Komisaris)                     43,484                        0.00                      8       Fadlansyah Lubis (Commissioner)
      Robertus Billitea (Komisaris)                    42,400                        0.00                      8         Robertus Billitea(Commissioner)
      Masyarakat
          (kepemilikan masing-masing                                                                                         Public (ownership less than
          dibawah 5% untuk setiap pihak)         2,931,046,990                       7.87                549,571                           5% each)

    Total saham Seri C                          36,678,114,582                      98.45              6,877,146                       Total Class C shares


    Total                                      37,256,798,316                      100.00              9,047,210                                       Total

    Saham treasuri                                 40,514,600                                                7,596                         Treasury shares




                                                                   Halaman - 206 - Page                                    2024 Annual Report
                                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                           1417
Page 817
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  33. MODAL SAHAM DAN TAMBAHAN MODAL                                33. SHARE CAPITAL AND ADDITIONAL PAID-IN
      DISETOR (lanjutan)                                                CAPITAL (continued)

       Modal saham (lanjutan)                                           Share capital (continued)

       Saham Seri A Dwiwarna adalah saham yang                          The Class A Dwiwarna share is a share that gives
       memberikan         hak-hak     preferen    kepada                the holder preferred rights to approve the
       pemegangnya untuk menyetujui pengangkatan dan                    appointment and dismissal of Commissioners and
       pemberhentian Komisaris dan Direksi, perubahan                   Directors, amend the Articles of Association,
       Anggaran Dasar, menyetujui pembubaran dan                        approve the dissolution and liquidation, merger,
       likuidasi, penggabungan, dan pengambil alihan BNI                and takeover of BNI and all other rights of Class B
       dan semua hak-hak lainnya yang dimiliki saham                    and Class C shares. The Class A Dwiwarna share
       Seri B dan saham Seri C. Saham Seri A Dwiwarna                   may not be transferred to other parties.
       tidak dapat dialihkan kepada pihak lain.

       Saham Seri B dan Saham Seri C adalah saham                       Class B and Class C shares are ordinary shares
       biasa atas nama yang memiliki hak yang sama.                     that have the same rights.

       Pada tanggal 13 Agustus 2007, Pemerintah                         On 13 August 2007, the Government of the
       Republik Indonesia, melakukan divestasi sebesar                  Republic of Indonesia divested 3,475,231,980
       3.475.231.980 saham Seri C, mewakili 22,54% dari                 Class C shares, representing 22.54% of
       kepemilikan di BNI melalui Penawaran Umum                        shareholding in BNI through a Second Initial Public
       Saham Kedua.                                                     Offering (IPO).

       Sesuai Keterbukaan Informasi dalam upaya                         In accordance with the Disclosure of Information in
       stabilisasi harga pasar saham di tengah kondisi                  relation to the stabilisation of stock market price
       perekonomian regional dan global yang mengalami                  amidst stressful and slowing regional and global
       tekanan dan perlambatan, Bank telah melakukan                    economy, the Bank repurchased shares issued by
       Pembelian Kembali Saham Perseroan yang telah                     the Bank listed in the Indonesia Stock Exchange
       dikeluarkan dan tercatat di Bursa Efek Indonesia                 ("IDX"). This program is consistent with Regulation
       (“BEI”). Program ini mengacu pada Peraturan OJK                  of     Financial   Services     Authority    ("OJK")
       No. 2/POJK.04/2013 tanggal 26 Agustus 2013                       No. 2/POJK.04/2013 dated 26 August 2013 on the
       tentang Pembelian Kembali Saham yang                             Repurchase of Shares Issued by the Issuers or
       Dikeluarkan oleh Emiten atau Perusahaan Publik                   Public Companies in Significant Fluctuating Market
       dalam Kondisi Pasar yang Berfluktuasi Secara                     Conditions ("POJK No. 2/POJK.04/2013") and OJK
       Signifikan (“POJK No. 2/POJK.04/2013”) dan Surat                 Circular Letter No. 3/SEOJK.04/2020 dated 9
       Edaran OJK No. 3/SEOJK.04/2020 tanggal 9 Maret                   March 2020 on Other Conditions as Significant
       2020 tentang Kondisi Lain sebagai Kondisi Pasar                  Fluctuating      Market     Conditions    in     the
       yang Berfluktuasi Secara Signifikan dalam                        Implementation of Shares Buyback Issued by
       Pelaksanaan Pembelian Kembali Saham yang                         Issuers or Public Companies.
       Dikeluarkan oleh Emiten atau Perusahaan Publik.

       Pembelian kembali saham Bank telah dilaksanakan                  The repurchase of shares was executed on
       pada tanggal 22 Juli 2021 sampai dengan                          22 July 2021 to 21 October 2021, consistent with
       21 Oktober 2021, sesuai dengan tanggal                           the date of Disclosure of Information. The Bank
       Keterbukaan    Informasi.   Bank      melakukan                  repurchased 246,826 lots of Class C Shares, or
       pembelian kembali Saham Seri C sejumlah                          24,682,600 shares with an average acquisition cost
       246.826 lot atau sebanyak 24.682.600 lembar                      amounting to Rp5,186.90 (full amount) per share.
       saham dengan rata-rata biaya perolehan rata-rata
       sebesar Rp5.186,90 (nilai penuh) per lembar
       saham.

       Pada tahun 2022, Bank melakukan alokasi saham                     In 2022, the Bank has allocated the treasury
       treasuri senilai Rp207.475 sebagai Program                       shares amounting Rp207,475 as Share Ownership
       Kepemilikan Saham bagi Manajemen dan Pegawai                     Program for Management and Bank’s Employees in
       Bank dalam bentuk Saham Bonus (lihat Catatan                     the form of Share Bonus (refer to Note 43).
       43).




                                                       Halaman - 207 - Page
1418   Transforming the Future, Empowering Indonesia
Page 818
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

33. MODAL SAHAM DAN TAMBAHAN MODAL                               33. SHARE CAPITAL AND ADDITIONAL PAID-IN
    DISETOR (lanjutan)                                               CAPITAL (continued)

    Modal saham (lanjutan)                                           Share capital (continued)

    Pembelian kembali saham Bank telah dilaksanakan                  The repurchase of shares was executed on
    pada tanggal 12 Juli 2023 sampai dengan                          12 July 2023 to 1 August 2023. The Bank
    1 Agustus 2023. Bank melakukan pembelian                         repurchased 202,573 lots, or 20,257,300 shares
    kembali Saham sejumlah 202.573 lot atau                          with an average acquisition cost amounting to
    sebanyak 20.257.300 lembar saham dengan rata-                    Rp8,883.71 (full amount) per share.
    rata biaya perolehan rata-rata sebesar Rp8.883,71
    (nilai penuh) per lembar saham.

    Pemecahan nilai nominal saham BNI                                Stock split of BNI

    Berdasarkan     keputusan      RUPSLB      tanggal               Based on the decision of the Extraordinary General
    19 September 2023 yang dituangkan dalam Akta                     Meeting of Shareholders (RUPSLB) dated
    No. 18, tanggal 19 September 2023, yang dibuat                   19 September 2023, as stated in Deed No. 18
    dihadapan Ashoya Ratam S.H., M.KN, pemegang                      dated 19 September 2023, as recorded in the
    saham BNI antara lain menyetujui pemecahan nilai                 Notarial Deed of Ashoya Ratam, S.H., M.KN., the
    nominal saham (stock split) Bank dengan rasio 1:2                shareholders of BNI, among others, approved the
    yang berlaku efektif pada tanggal 10 Oktober 2023.               nominal value split (stock split) of the bank with a
    Sehingga:                                                        ratio of 1:2, effective from 10 October 2023.
                                                                     Therefore:

    a.    Nilai nominal per Saham Seri A Dwiwarna                    a.     The nominal value per Series A Dwiwarna
          dan Seri B dari sebesar Rp7.500 (nilai                            and Series B shares, originally Rp7,500 (full
          penuh) menjadi Rp3.750 (nilai penuh)                              amount), split to Rp3,750 (full amount), with
          dengan ketentuan:                                                 the following conditions:
          i. 1 (satu) saham Seri A Dwiwarna tetap                            i.     1 (one) Series A Dwiwarna share is
               dipertahankan sebagai saham Seri A                                   retained as a full-nominal value Series
               Dwiwarna     milik   Negara    Republik                              A Dwiwarna share owned by the
               Indonesia dengan nilai nominal sebesar                               Republic of Indonesia with a nominal
               Rp3.750 (nilai penuh); dan                                           value of Rp3,750 (full amount); and
          ii. 1 (satu) saham Seri A Dwiwarna                                ii.     1 (one) Series A Dwiwarna share is
               menjadi 1 (satu) saham saham Seri B                                  converted into 1 (one) Series B share
               milik Negara Republik Indonesia dengan                               owned by the Republic of Indonesia
               nilai nominal sebesar Rp3.750 (nilai                                 with a nominal value of Rp3,750 (full
               penuh).                                                              amount).
    b.    Nilai nominal per Saham Seri C dari                        b.     The nominal value per Series C share is
          Rp375 (nilai penuh) menjadi Rp187,5 (nilai                        split from Rp375 (full amount) to Rp187.5
          penuh).                                                           (full amount).

    Modal ditempatkan setelah pemecahan nilai                        The issued capital after the nominal value split
    nominal saham (stock split) berubah menjadi                      (stock split) changed as follows:
    sebagai berikut:
    a.   Saham Seri A Dwiwarna - 1 lembar saham                      a.     Series A Dwiwarna shares - 1 share
    b.   Saham Seri B - 578.683.733 lembar saham                     b.     Series B shares - 578,683,733 shares
    c.   Saham Seri C - 36.678.114.582 lembar                        c.     Series C shares - 36,678,114,582 shares.
         saham




                                                    Halaman - 208 - Page                             2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1419
Page 819
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                      NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                           FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                           31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

  33. MODAL SAHAM DAN TAMBAHAN MODAL                                     33. SHARE CAPITAL AND ADDITIONAL PAID-IN
      DISETOR (lanjutan)                                                     CAPITAL (continued)
       Tambahan modal disetor                                                 Additional paid in capital
       Perubahan tambahan           modal     disetor   adalah                The movements in additional paid in capital are as
       sebagai berikut:                                                       follows:
       Saldo pada tanggal 1 Januari 2010                               591,156                                 Balance as of 1 January 2010

       Tambahan modal disetor akibat Penawaran
         Umum Saham Terbatas I pada tahun                                                       Additional paid in capital due to Right Issue I
         2000 (lihat Catatan 1c)                                 56,883,826                                     in 2000 (refer to Note 1c)
                                                                 57,474,982
       Pengurangan tambahan modal disetor akibat                                       Reduction of paid in capital due to refund of excess
         pengembalian dana rekapitalisasi kepada                                            recapitalization funds to the Government
         pemerintah Indonesia (lihat Catatan 1d)                       (581,474)                        of Indonesia (refer to Note 1d)
                                                                 56,893,508
       Dieliminasi dengan akumulasi kerugian dalam                                      Elimination against accumulated losses in relation
         rangka kuasi-reorganisasi per tanggal                                         to the quasi-reorganization as of 30 June 2003
         30 Juni 2003 (lihat Catatan 1e)                         (54,367,847)                                        (refer to Note 1e)
                                                                      2,525,661
       Tambahan modal disetor akibat Penawaran
          Umum Saham Terbatas II pada tahun                                                    Additional paid in capital due to Right Issue II
          2007 (lihat Catatan 1f)                                     3,287,218                                  in 2007 (refer to Note 1f)
       Biaya emisi penerbitan saham                                    (195,280)                                        Shares issuance cost
                                                                      5,617,599
       Tambahan modal disetor akibat Penawaran
         Umum Saham Terbatas III pada tahun                                                    Additional paid in capital due to Right Issue III
         2010 (lihat Catatan 1g)                                      9,196,100                                  in 2010 (refer to Note 1g)

       Biaya emisi penerbitan saham                                    (245,231)                                        Shares issuance cost
                                                                 14,568,468
       Tambahan modal disetor akibat penyertaan                                                    Additional paid in capital due to equity
         saham pada PT Bank Syariah Indonesia                                           investment at PT Bank Syariah Indonesia Tbk
         Tbk pada tahun 2021                                          2,441,786                                                in 2021
                                                                 17,010,254


  34. PENGGUNAAN LABA BERSIH                                             34. APPROPRIATION OF NET INCOME

       Berdasarkan keputusan Rapat Umum Pemegang                              In accordance with the resolutions of the Annual
       Saham Tahunan tanggal 4 Maret 2024 dan                                 General    Shareholders’  Meetings held       on
       15 Maret 2023, pengalokasian laba bersih masing-                       4 March 2024 and 15 March 2023, the allocation of
       masing untuk tahun yang berakhir pada tanggal-                         the    net  income    for the     years ended
       tanggal 31 Desember 2023 dan 2022 adalah                               31 December 2023 and 2022, respectively, are as
       sebagai berikut:                                                       follows:
                                                        2023                  2022
       Pembagian dividen                                 10,454,738                7,324,821                          Distribution of dividends
       Saldo laba                                        10,454,738               10,987,233                                Retained earnings

                                                         20,909,476               18,312,054


       Rapat Umum Pemegang Saham telah menyetujui                             General Shareholders’ meeting has approved the
       pembagian dividen dari laba bersih tahun 2023 dan                      dividend distribution of Rp10,454,738 and
       2022, sebesar Rp10.454.738          pada tanggal                       Rp7,324,821 from the 2023 net income on
       4 Maret 2024 dan Rp7.324.821 pada tanggal                              4 March 2024 and 2022 net income on 15 March
       15 Maret 2023.                                                         2023.




                                                        Halaman - 209 - Page
1420   Transforming the Future, Empowering Indonesia
Page 820
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

35. CADANGAN UMUM DAN WAJIB                                       35. GENERAL AND LEGAL RESERVES

    Cadangan umum dan wajib pada awalnya dibentuk                     The general and legal reserves were originally
    dalam rangka memenuhi ketentuan Pasal 61                          provided in accordance with Indonesian Limited
    ayat (1) Undang-undang No. 1/1995 mengenai                        Liability Company Law No. 1/1995 article 61
    Perseroan Terbatas (kemudian diganti dengan                       paragraph (1) (later superseded by Limited Liability
    Undang-undang Perseroan Terbatas No. 40/2007                      Company Law No. 40/2007 article 70), which
    pasal 70), yang mengharuskan perusahaan                           requires Indonesian companies to set up a general
    Indonesia untuk membuat penyisihan cadangan                       and legal reserve amounting to at least 20% of the
    umum dan wajib sebesar sekurang-kurangnya 20%                     issued and paid-up share capital. This particular
    dari jumlah modal yang ditempatkan dan disetor                    law does not regulate the period of time in relation
    penuh. Undang-undang tersebut tidak mengatur                      to the provision of such reserves.
    jangka waktu untuk pembentukan penyisihan
    tersebut.


36. CADANGAN KHUSUS                                               36. SPECIFIC RESERVES

    Cadangan khusus terdiri dari cadangan yang                        Specific reserves consist of reserve for investment
    dibentuk dalam rangka tujuan investasi dan legal                  purposes and legal reserve from overseas
    reserve dari cabang luar negeri.                                  branches.

    Sehubungan dengan adanya penerapan Peraturan                      In relation with implementation of Regulation of the
    Otoritas       Jasa      Keuangan         (POJK)                  Financial Services Regulatory Authority (POJK)
    No. 34/POJK.03/2016 tanggal 22 September 2016                     No. 34/POJK.03/2016 dated 22 September 2016
    tentang        Perubahan        atas        POJK                  on Amendments to POJK No. 11/POJK.03/2016
    No.     11/POJK.03/2016    tentang    "Kewajiban                  concerning "Minimum Capital Requirement for
    Penyediaan Modal Minimum" yang mulai berlaku                      Commercial Bank" which came into force on
    pada tanggal 26 September 2016 ("tanggal                          26 September 2016 ("date of enactment"), to
    diberlakukannya"),   untuk    menjaga     struktur                maintain its capital structure, the Bank has
    permodalannya, Bank telah melakukan reklasifikasi                 reclassified retained earnings that has been
    atas saldo laba yang sudah ditentukan                             appropriated (specific reserve) amounting to
    penggunaannya (cadangan khusus) sebesar                           Rp5,613,100 and reserve of overseas branch
    Rp5.613.100 dan cadangan cabang luar negeri                       amounting to Rp92,276 as of 31 December 2016
    sebesar Rp92.276 per 31 Desember 2016, menjadi                    into the unappropriated retained earnings.
    laba     ditahan    yang     tidak     ditentukan
    penggunaannya.

    Reklasifikasi atas saldo laba tersebut telah                      The reclassification of retained earnings has been
    mendapatkan persetujuan melalui berita acara                      approved through Annual General Shareholders
    Rapat Umum Pemegang Saham Tahunan No. 42                          Meeting No. 42 dated 16 March 2017.
    tanggal 16 Maret 2017.


37. PENDAPATAN BUNGA                                              37. INTEREST INCOME

                                                   2024                2023

    Pinjaman yang diberikan                          55,680,548          50,752,741                                        Loans
    Obligasi Pemerintah                               6,463,839           6,343,115                           Government Bonds
    Penempatan pada bank lain dan                                                               Placements with other banks and
      Bank Indonesia                                  2,281,994            2,780,518                           Bank Indonesia
    Wesel ekspor dan tagihan lainnya                  1,133,565            1,090,839                  Bills and other receivables
    Efek-efek                                           781,391              352,453                        Marketable securities
    Lain-lain                                           241,773              152,030                                      Others
                                                     66,583,110          61,471,696


    Pada tanggal 31 Desember 2024 dan 2023,                           As of 31 December 2024 and 2023, include in
    termasuk dalam pendapatan bunga di atas adalah                    interest income is income from related parties
    pendapatan dari pihak berelasi terkait transaksi                  related to Government Bonds and SPN
    Obligasi Pemerintah dan SPN masing-masing                         transactions amounting to Rp6,401,737 and
    sebesar Rp6.401.737 dan Rp6.308.862.                              Rp6,308,862 respectively.




                                                    Halaman - 210 - Page                                 2024 Annual Report
                                                                                       PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                1421
Page 821
                                         PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                            DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                        31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                  (Expressed in millions of Rupiah, unless otherwise stated)

  38. BEBAN BUNGA                                                          38. INTEREST EXPENSE

                                                         2024                    2023
                                                                                                               Deposits from customers and
       Simpanan nasabah dan bank lain                     21,275,769               16,457,684                                 other banks
       Pinjaman yang diterima                              3,483,211                2,712,942                                    Borrowings
       Efek-efek yang diterbitkan                          1,333,785                1,014,327                              Securities issued
       Lain-lain                                              10,140                   11,070                                         Others
                                                          26,102,905               20,196,023



  39. BEBAN GAJI DAN TUNJANGAN                                             39. SALARIES         AND         EMPLOYEES’          BENEFITS
                                                                               EXPENSE

                                                         2024                    2023
       Gaji, upah dan tunjangan pajak                      6,662,642                6,211,889             Salaries, wages and tax allowance
       Tunjangan hari raya, kesehatan,                                                                            Yearly allowance, medical,
         kesejahteraan dan lainnya                         3,578,496                3,572,066                           welfare and others
       Bonus, insentif dan tantiem                         2,942,782                1,924,715                 Bonus, incentives and tantiem
       Pendidikan dan pelatihan                              249,222                  410,181                      Training and development
       Lainnya                                               514,989                  714,918                                         Others
                                                          13,948,131               12,833,769


       Jumlah gaji dan tunjangan, bonus/tantiem, imbalan                       Total    gross     salaries   and    allowances,
       kerja jangka panjang yang dibayarkan kepada                             bonus/tantiem, long-term employment benefits paid
       Dewan Komisaris, Direksi, Komite Audit serta                            to the Boards of Commissioners and Directors,
       Senior Executive Vice President (SEVP), Executive                       Audit Committee and Senior Executive Vice
       Vice President (EVP) dan Senior Vice President                          President (SEVP), Executive Vice President (EVP)
       (SVP) masing-masing untuk periode yang berakhir                         and Senior Vice President (SVP) for the period
       pada tanggal-tanggal 31 Desember 2024 dan                               ended 31 December 2024 and 2023 are as follows:
       2023 adalah sebagai berikut:
                                                                    2024
                                                                              Imbalan
                                                                            kerja jangka
                                            Gaji dan                          panjang/
                                           tunjangan/                        Long-term
                                          Salaries and    Bonus/tantiem/    employment          Jumlah/
                                          allowances      Bonus/tantiem       benefits           Total

       Dewan Komisaris                          32,020          172,380            4,632          209,032             Board of Commissioners
       Direksi                                  75,344          403,965           10,685          489,994                   Board of Directors
       Komite Audit                              1,430                -                -            1,430                    Audit Committee
       SEVP, EVP dan SVP                       261,104           58,016                -          319,120                SEVP, EVP and SVP

                                               369,898          634,361           15,317        1,019,576


                                                                    2023
                                                                              Imbalan
                                                                            kerja jangka
                                            Gaji dan                          panjang/
                                           tunjangan/                        Long-term
                                          Salaries and    Bonus/tantiem/    employment          Jumlah/
                                          allowances      Bonus/tantiem       benefits           Total

       Dewan Komisaris                          29,412           90,700            4,259          124,371             Board of Commissioners
       Direksi                                  70,593          224,301           10,794          305,688                   Board of Directors
       Komite Audit                              1,430                -                -            1,430                    Audit Committee
       SEVP, EVP dan SVP                       241,192           48,550                -          289,742                SEVP, EVP and SVP

                                               342,627          363,551           15,053          721,231




                                                         Halaman - 211 - Page
1422   Transforming the Future, Empowering Indonesia
Page 822
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

39. BEBAN GAJI DAN TUNJANGAN (lanjutan)                           39. SALARIES AND EMPLOYEES’                        BENEFITS
                                                                      EXPENSE (continued)

    Sesuai dengan kebijakan Bank, selain gaji,                        Under the Bank’s policy, in addition to salaries,
    pegawai juga mendapatkan fasilitas dan tunjangan                  employees are entitled to allowances and benefits,
    berupa Tunjangan Hari Raya (THR), fasilitas                       such as yearly allowance (THR), medical
    kesehatan, sumbangan kematian, tunjangan cuti,                    reimbursements,      death     allowance,    leave
    fasilitas jabatan untuk jabatan tertentu, program                 allowance, functional allowance for certain levels,
    pensiun untuk pegawai tetap, insentif sesuai                      pension plan for permanent employees, incentives
    dengan kinerja Bank dan pegawai, dan manfaat                      based on the Bank and employees’ performance,
    untuk pegawai yang berhenti bekerja sesuai                        and post-employment benefits in accordance with
    dengan Undang-Undang Ketenagakerjaan yang                         prevailing Labor Law.
    berlaku.


40. BEBAN UMUM DAN ADMINISTRASI                                   40. GENERAL AND ADMINISTRATIVE EXPENSES

                                                   2024                2023

    Penyusutan (Catatan 19)                           2,416,792            2,304,524                      Depreciation (Note 19)
    Beban tenaga alih daya                            1,716,107            1,685,406                       Outsourcing expenses
    Komunikasi                                        1,454,144            1,506,764                            Communications
    Perlengkapan kantor                                 727,928              798,920                              Office supplies
    Biaya sewa                                          679,572              801,699                            Rental expenses
    Perbaikan dan pemeliharaan                          650,787              682,779                   Repairs and maintenance
    Transportasi                                        372,913              386,900                               Transportation
    Jasa profesional                                    338,563              263,534                        Professional services
    Listrik dan air                                     312,693              313,179                         Electricity and water
    Penelitian dan pengembangan                          95,475              124,085                  Research and development
    Teknologi informasi                                  50,024               29,318                      Information technology
    Beban lain-lain                                     369,592              296,091                             Other expenses

                                                      9,184,590            9,193,199



41. IMBALAN KERJA                                                 41. EMPLOYEE BENEFITS

                                                  2024                 2023

    Imbalan kerja jangka pendek                       3,230,142            2,524,538                Short-term employee benefits

    Imbalan pasca kerja jangka panjang                                                              Long-term employee benefits
      Program pensiun manfaat pasti                   1,096,813            1,852,727              Defined benefit pension plan
      Imbalan pasca kerja                                                                            Post employment benefits
        lainnya dan imbalan                                                                     and other long-term employee
        kerja jangka panjang lainnya                  2,819,762            2,628,569                                 benefits
                                                      3,916,575            4,481,296
                                                      7,146,717            7,005,834


    Program dana pensiun Bank ini dikelola oleh Dana                  The pension plan of the Bank is managed by Dana
    Pensiun PT Bank Negara Indonesia (Persero) Tbk                    Pensiun PT Bank Negara Indonesia (Persero) Tbk
    (“Dana Pensiun”). Kontribusi pegawai adalah                       (“Dana Pensiun”). The employees’ contributions
    sebesar 7,5% dari penghasilan dasar pensiun                       are 7.5% of the employee’s pension salary-based
    karyawan dan sisa jumlah yang diperlukan untuk                    and the remaining amounts required to fund the
    mendanai program tersebut ditanggung oleh BNI.                    program/pension plan are contributed by BNI.




                                                    Halaman - 212 - Page                                 2024 Annual Report
                                                                                       PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                1423
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                                           PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

  41. IMBALAN KERJA (lanjutan)                                        41. EMPLOYEE BENEFITS (continued)

       Program pensiun manfaat pasti                                      Defined benefit pension plan

       Penilaian aktuaria atas manfaat pensiun pada                       The actuarial calculations of pension benefits for
       tahun yang berakhir tanggal 31 Desember 2024                       year ended 31 December 2024 and 2023 are
       dan 2023, dilakukan oleh perusahaan konsultan                      prepared by a registered independent actuarial
       aktuaria terdaftar independen, PT Towers Watson                    consulting firm, PT Towers Watson Purbajaga
       Purbajaga     dengan      menggunakan    metode                    using the “Projected Unit Credit” method.
       “Projected Unit Credit”.

       Rekonsiliasi status pembiayaan atas program                        A reconciliation of the funding status of the pension
       pensiun berdasarkan laporan aktuaria tanggal                       plan based on the actuarial reports dated
       7 Januari 2025 dan 2 Januari 2024 disajikan                        7 January 2025 and dated 2 January 2024 are as
       sebagai berikut:                                                   follows:

                                                       2024                2023
       Nilai wajar aset dana pensiun                     7,564,079            7,022,652           Fair value of pension plan assets
       Nilai kini liabilitas manfaat pasti yang                                                    Present value of funded defined
          didanai                                       (8,660,892)           (8,875,379)                       benefit obligation

       Selisih kurang pendanaan                         (1,096,813)           (1,852,727)                           Funding deficit


       Mutasi nilai kini liabilitas manfaat pasti yang didanai            The movements in the present value of funded
       selama tahun berjalan adalah sebagai berikut:                      defined benefit obligations for the year are as
                                                                          follows:

                                                       2024                2023

       Pada awal periode                                 8,875,379            8,306,111                  At beginning of the period
       Biaya jasa kini                                     153,017              250,969                       Current service cost
       Biaya bunga                                         586,253              463,119                               Interest cost
                                                         9,614,649            9,020,199

       Pengukuran kembali:                                                                                       Remeasurements:
         (Keuntungan)/kerugian aktuarial
           yang timbul dari perubahan                                                          Actuarial (gain)/loss from changes
           asumsi keuangan                                (253,928)             589,020                 in financial assumption
         Keuntungan aktuarial yang
           timbul karena penyesuaian                                                                        Actuarial gains from
           atas demografik                                       -             (162,935)                changes in demographic
         Keuntungan aktuarial yang
           timbul karena penyesuaian                                                                       Actuarial gains from
           atas pengalaman                                (173,029)               (26,705)             changes in experience
                                                          (426,957)             399,380
       Pembayaran dari program:                                                                              Payments from plan:
         Iuran peserta                                      24,677               24,743                 Employees’ contributions
         Imbalan yang dibayar                             (551,477)            (568,943)                           Benefits paid
                                                          (526,800)            (544,200)
                                                         8,660,892            8,875,379




                                                       Halaman - 213 - Page
1424   Transforming the Future, Empowering Indonesia
Page 824
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                      31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)              (Expressed in millions of Rupiah, unless otherwise stated)

41. IMBALAN KERJA (lanjutan)                                         41. EMPLOYEE BENEFITS (continued)

    Program pensiun manfaat pasti (lanjutan)                             Defined benefit pension plan (continued)
    Rekonsiliasi atas perubahan aset bersih selama                       The reconciliation of the movements of the net
    periode/tahun yang berakhir 31 Desember 2024                         assets during the period/year ended 31 December
    dan 2023 yang diakui di laporan posisi keuangan                      2024 and 2023 recognised in the pension fund’s
    dana pensiun adalah sebagai berikut:                                 statement of financial position is as follows:
                                                   2024                   2023

    Kewajiban bersih pada awal periode                1,852,727             1,398,025              Net liabilities at beginning of period
    Beban tahun berjalan                                309,291               250,969                             Current year expenses
    Kontribusi pemberi kerja                           (597,878)             (198,454)                          Employer’s contributions
    Jumlah yang diakui pada penghasilan                                                             Total amount recognised in other
      komprehensif lain                                 (467,327)             402,187                         comprehensive income

                                                      1,096,813             1,852,727


    Mutasi    nilai wajar aset            program  untuk                 The movements in the fair value of plan assets for
    periode/tahun yang berakhir           adalah sebagai                 the period/year ended are as follows:
    berikut:
                                                   2024                   2023
    Pada awal periode                                 7,022,652              6,908,086                      At beginning of the period
    Hasil dari aset program                             459,304                463,119                          Return on plan assets
    Kerugian aktuarial                                   40,370                 (2,807)                                 Actuarial loss
    Kontribusi pemberi kerja                            597,878                198,454                       Employer’s contributions
    Kontribusi pekerja                                   24,677                 24,743                       Employees’ contributions
    Imbalan yang dibayar dan                                                                          Benefits paid and administrative
      beban administrasi                                (580,802)             (568,943)                              expenses paid

                                                      7,564,079             7,022,652


    Biaya imbalan pensiun yang dibebankan pada                           Pension expenses recognised in profit or loss, are
    laporan laba rugi adalah sebagai berikut:                            as follows:
                                                   2024                   2023
    Biaya jasa kini                                       182,342             170,009                              Current service cost
    Biaya jasa lalu                                             -             (43,152)                               Past service cost
    Bunga bersih                                          126,949             124,112                                      Net interest

    Biaya yang dibebankan                                 309,291                250,969                      Expense recognised in
      pada laporan laba rugi                                                                                        profit or loss

    Biaya yang dilaporkan pada                                                                                Expense recognised in
      laba rugi                                            309,291            250,969                                profit or loss
    Pengukuran kembali yang diakui                                                                 Remeasurement effect recognised
      pada penghasilan komprehensif lain                (467,327)             402,187              in other comprehensive income

    Biaya imbalan pasti                                 (158,036)             653,156                            Defined benefit cost


    Asumsi-asumsi utama yang digunakan dalam                             The key assumptions used in the above calculation
    perhitungan di atas adalah:                                          are:
                                                 2024                      2023
    Asumsi ekonomi:                                                                                          Economic assumptions:
    Tingkat diskonto                             7.00% - 8.00%             6.75% - 8.75%                                   Discount rate
    Tingkat kenaikan gaji                        7.00% - 9.00%                     7.00%                       Rate of salary increases
    Pendapatan dari dana pensiun                                                                            Interest credited to defined
       iuran pasti                                       5.50%                      5.50%                           contribution fund
    Tingkat kenaikan manfaat pensiun                     3.00%                      3.00%                        Pension increase rate
                                              per tahun/annually        per tahun/annually
    Manfaat lain                                      2,500,000                 2,500,000                                Other benefits




                                                    Halaman - 214 - Page                                     2024 Annual Report
                                                                                           PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                      1425
Page 825
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                       FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                       31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                (Expressed in millions of Rupiah, unless otherwise stated)

  41. IMBALAN KERJA (lanjutan)                                           41. EMPLOYEE BENEFITS (continued)
       Program pensiun manfaat pasti (lanjutan)                              Defined benefit pension plan (continued)

       Asumsi-asumsi utama yang digunakan dalam                              The key assumptions used in the above calculation
       perhitungan di atas adalah: (lanjutan)                                are: (continued)

                                                       2024                    2023


       Asumsi lainnya:                                                                                          Other assumptions:
       Usia pensiun normal                         55/56 tahun/years           55 tahun/years                  Normal retirement age
       Tingkat kematian                                     Modifikasi              Modifikasi                          Mortality rate
                                                       Tabel Mortalita         Tabel Mortalita
                                                      Indonesia 2019          Indonesia 2019
                                                          (TMI2019)/               (TMI2019)/
                                                   Adjusted Mortality      Adjusted Mortality
                                                      Table Indonesia         Table Indonesia
                                                      2019 (TMI2019)          2019 (TMI2019)
       Tingkat cacat                                 10% dari tingkat/       10% dari tingkat/                          Disability rate
                                                       kematian/10%             kematian/10%
                                                   from mortality rate     from mortality rate
       Tingkat pengunduran diri                                                                                         Turnover rate
       Umur 20-29                                               4.2%                    4.2%                               Age 20-29
       Umur 30-34                                               2.8%                    2.8%                               Age 30-34
       Umur 35-39                                               3.0%                    3.0%                               Age 35-39
       Umur 40-50                                               1.7%                    1.7%                               Age 40-50
       Umur 51-52                                               1.3%                    1.3%                               Age 51-52
       Umur >52                                                 0.4%                     0%                                 Age >52

       Sensitivitas dari kewajiban manfaat pasti terhadap                    The sensitivity of defined benefit obligation to
       perubahan asumsi aktuaria adalah sebagai berikut:                     changes in the weighted assumptions is as follows:

                                                Dampak terhadap kewajiban manfaat pasti/
                                                  Impact on defined benefit obligation
                                                                            Nilai kini kewajiban
                                                                               manfaat pasti/
                                            Perubahan asumsi/                Present value of
                   2024                    Change in assumption              benefit obligation                      2024

                                            Kenaikan/increase 1%                          (801,632)
       Tingkat diskonto                    Penurunan/decrease 1%                           959,403                     Discount rate
                                            Kenaikan/increase 1%                           153,102
       Tingkat kenaikan gaji               Penurunan/decrease 1%                          (144,239)             Salary increase rate


                                                Dampak terhadap kewajiban manfaat pasti/
                                                  Impact on defined benefit obligation
                                                                            Nilai kini kewajiban
                                                                               manfaat pasti/
                                            Perubahan asumsi/                Present value of
                   2023                    Change in assumption              benefit obligation                      2023

                                            Kenaikan/increase 1%                          (855,197)
       Tingkat diskonto                    Penurunan/decrease 1%                         1,028,803                     Discount rate
                                            Kenaikan/increase 1%                           176,505
       Tingkat kenaikan gaji               Penurunan/decrease 1%                          (165,617)             Salary increase rate




                                                         Halaman - 215 - Page
1426   Transforming the Future, Empowering Indonesia
Page 826
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

41. IMBALAN KERJA (lanjutan)                                      41. EMPLOYEE BENEFITS (continued)

    Program pensiun manfaat pasti (lanjutan)                          Defined benefit pension plan (continued)

    Analisis sensitivitas didasarkan pada perubahan                   The sensitivity analysis is based on a change in an
    atas satu asumsi aktuarial dimana asumsi lainnya                  assumption while holding all other assumptions
    dianggap konstan. Dalam perhitungan sensitivitas                  constant. When calculating the sensitivity of the
    kewajiban imbalan pasti atas asumsi aktuarial                     defined benefit obligation to significant actuarial
    utama, metode yang sama (perhitungan nilai kini                   assumptions the same method (present value of
    kewajiban imbalan pasti dengan menggunakan                        the defined benefit obligation calculated with the
    metode projected unit credit di akhir periode) telah              projected unit credit method at the end of the
    diterapkan seperti dalam penghitungan kewajiban                   reporting period) has been applied as when
    pensiun yang diakui dalam laporan posisi                          calculating the pension liability recognised within
    keuangan konsolidasian.                                           the consolidated statement of financial position.

    Pada tanggal 31 Desember 2024 dan 2023, aset                      As of 31 December 2024 and 2023, plan assets
    program terdiri dari:                                             comprise the following:

                                                   2024                2023
    Obligasi pemerintah                               2,863,250            2,042,937                           Government bonds
    Penempatan langsung                               1,907,794            1,677,546                           Direct participation
    Obligasi                                          1,318,947            1,477,500                                        Bonds
    Saham                                               932,663            1,027,890                                        Shares
    Properti                                            321,461              315,597                                      Property
    Deposito                                            137,393              278,222                               Time deposits
    Deposito on call                                     31,923               29,230                              On call deposits
    Reksa Dana                                           50,648               76,138                                 Mutual funds
    Lain-lain                                                 -               97,592                                        Others

                                                      7,564,079            7,022,652


    Investasi telah terdiversifikasi dengan baik,                     Investments are well-diversified, such that the
    sehingga kinerja buruk satu investasi tidak akan                  failure of any single investment would not have a
    memberikan dampak material bagi seluruh                           material impact to the overall group of assets. The
    kelompok aset. Proporsi terbesar aset investasi                   largest proportion of assets are invested in debt
    ditempatkan pada instrumen utang. Diyakini bahwa                  instruments. Debt instruments are expected to
    instrumen utang memberikan imbal hasil yang                       contribute best yields in the long term at an
    paling baik dalam jangka panjang pada tingkatan                   acceptable risk level. For defined benefit program,
    risiko yang dapat diterima. Untuk program manfaat                 most of the debt instruments are Government of
    pasti sebagian besar instrumen surat utang                        Indonesia bonds and corporate bonds.
    merupakan portofolio obligasi Pemerintah Republik
    Indonesia dan obligasi korporasi di Indonesia.

    Hasil yang diharapkan dari aset program                           The expected return on plan assets is determined
    ditentukan dengan mempertimbangkan imbal hasil                    by considering the expected returns available on
    yang diharapkan atas aset yang mengacu pada                       the assets in accordance with the current
    kebijakan investasi. Hasil investasi bunga tetap                  investment policy. Expected yields on fixed interest
    didasarkan pada hasil pengembalian bruto pada                     investments are based on gross redemption yields
    tanggal pelaporan. Hasil yang diharapkan dari                     as of the reporting date. Expected returns on equity
    investasi ekuitas dan properti mencerminkan                       and property investments reflect long-term real
    tingkat imbal hasil jangka panjang aktual yang                    rates of return experienced in the respective
    terjadi untuk tiap-tiap pasar.                                    markets.

    Bank terekspos beberapa risiko atas program                       The Bank is exposed to a number of risks through
    imbalan kerja seperti risiko yang terekspos pada                  its employee benefit plans such as the exposed
    program manfaat pasti adalah adanya tingkat hasil                 risks in defined benefit pension plan is the lower
    investasi dibawah asumsi discount rate dan                        return on investment compared to assumption on
    kenaikan gaji aktual yang lebih besar dari asumsi.                discount rate and the increase in the actual salary
    Hal tersebut menimbulkan peningkatan iuran yang                   is higher than its assumption. These will cause an
    dibayarkan kepada Dana Pensiun.                                   increase in benefit paid to Pension Fund.




                                                    Halaman - 216 - Page                                 2024 Annual Report
                                                                                       PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                1427
Page 827
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                     FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                     31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

  41. IMBALAN KERJA (lanjutan)                                            41. EMPLOYEE BENEFITS (continued)

       Program pensiun manfaat pasti (lanjutan)                                Defined benefit pension plan (continued)

       Untuk memastikan bahwa posisi investasi yang                            To ensure that the result of investments is
       telah diatur dalam kerangka Asset Liability                             consistent with the Asset Liability Management
       Management        (ALMA),      Bank     melakukan                       (ALMA) framework, the Bank performs monitoring
       pemantauan terhadap investasi atas program                              over the investment for the pension program (for
       pensiun (baik iuran pasti maupun manfaat pasti)                         both defined benefit and contribution plans) and
       dan memastikan tingkat investasi dimaksud                               performs action to ensure the return of investments
       mencapai tingkat diskonto yang digunakan. Selain                        will meet the applicable discount rate. Apart from
       itu, dilakukan implementasi kebijakan penyesuaian                       that, implementation of salary adjustment policy
       gaji sesuai dengan asumsi yang telah digunakan                          has been performed in accordance to the
       dalam perhitungan aktuaria untuk mengurangi                             assumptions used by actuarial calculation to reduce
       selisih hasil perhitungan atas proyeksi imbalan                         the gap on the calculation of projected post-
       kerja pasca kerja dengan realisasinya.                                  employment benefits with its realization.

       Rata-rata durasi kewajiban manfaat pasti pada                           The average duration of the defined benefit
       tanggal 31 Desember 2024 adalah 10,42 tahun                             obligation as of 31 December 2024 is 10.42 years
       (31 Desember 2023: 9,00 tahun).                                         (31 December 2023: 9.00 years).

       Analisis jatuh tempo yang diharapkan dari manfaat                       Expected maturity analysis of undiscounted
       pensiun yang tidak terdiskonto untuk Entitas Induk                      pension benefit for Parent Only is as follows:
       adalah sebagai berikut:
                                           Kurang dari    2 sampai 5
                                            1 tahun/        tahun/       Lebih dari 5
                                           Less than a   Between 2 to      tahun/       Jumlah/
                                              year          5 years      Over 5 years    Total
       31 Desember 2024                                                                                             31 December 2024
       Pensiun                                 608,201       2,910,741     27,847,409    31,366,351                          Pension
       Cuti besar                              152,254         619,185      2,166,152     2,937,591                        Long leave
       Penghargaan masa kerja                   86,275         311,127      1,867,703     2,265,105                           Gratuity
       Total                                   846,730       3,841,053     31,881,264    36,569,047                              Total


                                           Kurang dari    2 sampai 5
                                            1 tahun/        tahun/       Lebih dari 5
                                           Less than a   Between 2 to      tahun/       Jumlah/
                                              year          5 years      Over 5 years    Total
       31 Desember 2023                                                                                             31 December 2023
       Pensiun                                 533,638       2,804,070     21,221,091    24,558,799                          Pension
       Cuti besar                              106,013         629,952      2,060,639     2,796,604                        Long leave
       Penghargaan masa kerja                   31,959         353,650      1,754,823     2,140,432                           Gratuity
       Total                                   671,610       3,787,672     25,036,553    29,495,835                              Total


       Program pensiun iuran pasti                                             Defined contribution pension plan

       Bank juga memiliki program pensiun iuran pasti,                         The Bank also has a defined contribution pension
       untuk karyawannya yang dikelola oleh Dana                               plan for its employees which is managed by Dana
       Pensiun Lembaga Keuangan PT Bank Negara                                 Pensiun Lembaga Keuangan PT Bank Negara
       Indonesia (Persero) Tbk, dimana kontribusi iuran                        Indonesia (Persero) Tbk, whereby the contribution
       bank adalah sebesar 1,5% sampai dengan 6,5%                             of the Bank is 1.5% to 6.5% of the employees’
       dari gaji karyawan sesuai jabatan karyawan,                             salaries according to the position of each
       sedangkan kontribusi iuran karyawan adalah                              employee, while the contribution of employees is
       sebesar 0,5% dari upah yang ditetapkan oleh Bank                        0.5% of the employees’ salaries, determined by the
       untuk karyawan tetap yang dipekerjakan sebelum                          Bank for employees hired before 1 September
       tanggal 1 September 2005. Untuk karyawan tetap                          2005. For employees hired after 1 September
       yang dipekerjakan mulai tanggal 1 September                             2005, the Bank and its employees contribute
       2005, kontribusi Bank dan karyawan adalah                               11.5% and 3.5%, respectively, of the employees’
       masing-masing sebesar iuran 11,5% dan 3,5% dari                         salaries.
       gaji karyawan.

       Karyawan tetap yang bergabung dengan Bank                               Permanent employees who joined the Bank prior to
       sebelum bulan September 2005, memiliki hak atas                         September 2005 are entitled to defined benefits
       program pensiun manfaat pasti ditambah dengan                           pension plan plus defined contribution pension
       program pensiun iuran pasti, atau imbalan kerja                         plan, or the benefits provided for under the Labor
       yang disediakan sesuai dengan Undang-Undang                             Law No. 11 Tahun 2020 and its implementing
       No. 11 Tahun 2020 dan peraturan penerapan                               regulation PP No. 35 Tahun 2021, whichever is
       terkaitnya PP No. 35 Tahun 2021, mana yang lebih                        higher.
       tinggi.


                                                         Halaman - 217 - Page
1428   Transforming the Future, Empowering Indonesia
Page 828
                                      PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                         DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                        31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)               (Expressed in millions of Rupiah, unless otherwise stated)

41. IMBALAN KERJA (lanjutan)                                          41. EMPLOYEE BENEFITS (continued)

    Program pensiun iuran pasti (lanjutan)                                Defined contribution pension plan (continued)

    Beban pensiun iuran pasti yang telah dibebankan                       Defined contribution pension expense that was
    pada laporan laba rugi adalah sebesar Rp271.374                       charged to profit or loss amounted to Rp271,374
    dan Rp246.060       masing-masing untuk periode                       and Rp246,060 for the period ended 31 December
    yang berakhir pada tanggal 31 Desember 2024 dan                       2024 and 2023, respectively.
    2023.

    Liabilitas atas imbalan pasca kerja meliputi uang                     The liability for post employment benefits consisted
    jasa, uang pisah dan pesangon sesuai dengan                           of service payments, severance and termination
    Undang-Undang Cipta Kerja No. 11/2020, PP                             benefits based on Undang-Undang Cipta Kerja No.
    35/2021 dan kompensasi lainnya.                                       11/2020, PP 35/2021 and other compensations.

    Imbalan kerja jangka panjang lainnya                                  Other long-term employee benefits

    Imbalan jangka panjang lainnya seperti cuti                           Other long-term employee benefits such as long
    berimbalan jangka panjang, imbalan cacat                              service leave, permanent disability benefit and
    permanen dan penghargaan jubilee dihitung                             jubilee awards are calculated using the projected
    dengan menggunakan metode projected unit credit                       unit credit method and discounted to present value.
    dan didiskontokan ke nilai kini.

    Penilaian aktuarial atas imbalan kerja jangka                         The actuarial valuation of other long-term
    panjang lainnya untuk periode/tahun yang berakhir                     employee benefits for the period/year ended
    tanggal 31 Desember 2024 dan 31 Desember 2023                         31 December 2024 and 31 December 2023 were
    dilakukan oleh perusahaan konsultan aktuaria                          prepared by a registered independent actuarial
    terdaftar independen, PT Towers Watson                                consulting firm, PT Towers Watson Purbajaga
    Purbajaga     dengan     menggunakan       metode                     using the “Projected Unit Credit” method as stated
    “Projected Unit Credit” sebagaimana yang                              in its reports dated 7 Januari 2025 and 2 January
    tercantum dalam laporan masing-masing pada                            2024, respectively.
    tanggal 7 Januari 2025 dan 2 Januari 2024.

    Perubahan liabilitas imbalan kerja yang diakui Bank                   The movements of the employee benefits liability
    pada laporan posisi keuangan konsolidasian                            recognised by the Bank in the consolidated
    adalah sebagai berikut:                                               statement of financial position are as follows:
                                                   2024                    2023

    Liabilitas bersih pada awal periode               2,628,569              2,324,859         Net liability at the beginning of the period
                                                                                                               Expense recognised during
    Biaya selama tahun berjalan                            467,541             600,541                                   the current year
    Penyesuaian atas Perubahan Metode                                                                         Adjustments for Changes in
    Atribusi - laba rugi                                    (4,510)                      -          Attribution Methods - Profit and Lost
    Jumlah yang diakui pada penghasilan                                                                        Total amount recognised in
    komprehensif lain                                      (56,020)            112,469                     other comprehensive income
    Penyesuaian atas Perubahan
      Metode atribusi                                                                            Adjustments for Changes in Attribution
    Komprehensif lain                                         -                       -                  other comprehensive income
    Pembayaran imbalan                                 (215,818)              (409,300)                        Actual benefit payments
                                                      2,819,762              2,628,569


    Biaya imbalan kerja yang dibebankan Bank pada                         Employee benefits expense recognised by Bank in
    laporan laba rugi:                                                    profit or loss:
                                                   2024                    2023
    Biaya jasa kini                                        299,719             358,023                             Current service cost
    Biaya bunga                                            171,094             155,674                                       Interestcost
    (Keuntungan)/Kerugian aktuaria                                                                              Net actuarial (Gain)/Lost
      periode berjalan - bersih                             (5,062)               86,844                  recognised in current period
    Penyesuaian atas Perubahan                                                                               Adjustments for Changes
      Metode atribusi                                       (2,720)                    -                                 in Attribution

    Biaya yang dibebankan pada                                                                                  Expense recognised in
      laba rugi                                            463,031             600,541                                 profit or loss




                                                    Halaman - 218 - Page                                       2024 Annual Report
                                                                                             PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                        1429
Page 829
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                        31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                   (Expressed in millions of Rupiah, unless otherwise stated)

  41. IMBALAN KERJA (lanjutan)                                              41. EMPLOYEE BENEFITS (continued)

       Imbalan pasca kerja lainnya dan imbalan kerja                             Post employment benefits and other long-term
       jangka panjang lainnya (lanjutan)                                         employee benefits (continued)

       Biaya imbalan kerja yang dibebankan Bank pada                             Employee benefits expense recognised by Bank in
       laporan laba rugi: (lanjutan)                                             profit or loss: (continued)
                                                         2024                     2023
       Biaya imbalan pasti yang diakui pada                                                            Defined benefit cost recognised in
         laba rugi                                              465,751                 600,541                          profit or loss
       Pengukuran kembali yang diakui pada                                                             Remeasurement effect recognised
         penghasilan komprehensif lainnya                       (56,020)                112,469         in other comprehensive income
       Biaya imbalan pasti                                      409,731                 713,010                      Defined benefit cost


       Asumsi-asumsi utama yang digunakan dalam                                  The key assumptions used in the above calculation
       perhitungan di atas adalah:                                               are:
                                                         2024                     2023

       Asumsi ekonomi:                                                                                         Economic assumptions:
       Tingkat diskonto per tahun                                7.00%                   6.75%                      Annual discount rate
       Tingkat kenaikan gaji                              7.00 - 9.00%                   7.00%                   Rate of salary increases
       Pendapatan dari dana pensiun                                                                           Interest credited to defined
          iuran pasti                                            5.50%                   5.50%                         contribution fund
       Asumsi lainnya:                                                                                              Other assumptions:
       Usia pensiun normal                         55-56 tahun/years            55 tahun/years                     Normal retirement age
       Tingkat kematian                                   Modifikasi                Modifikasi                               Mortality rate
                                                      Tabel Mortalita           Tabel Mortalita
                                                     Indonesia 2019            Indonesia 2019
                                                         (TMI2019)/                (TMI2019)/
                                                   Adjusted Mortality        Adjusted Mortality
                                                    Table Indonesia           Table Indonesia
                                                    2019 (TMI2019)            2019 (TMI2019)

       Tingkat cacat                                 10% dari tingkat/        10% dari tingkat/                             Disability rate
                                                       kematian/10%             kematian/10%
                                                   from mortality rate      from mortality rate
       Tingkat pengunduran diri                                                                                             Turnover rate
       Umur 20-29                                                 4.2%                    4.2%                                 Age 20-29
       Umur 30-34                                                 2.8%                    2.8%                                 Age 30-34
       Umur 35-39                                                 3.0%                    3.0%                                 Age 35-39
       Umur 40-50                                                 1.7%                    1.7%                                 Age 40-50
       Umur 51-52                                                 1.3%                    1.3%                                 Age 51-52
       Umur >52                                                   0.4%                      0%                                  Age >52

       Sensitivitas dari kewajiban imbalan pasca kerja                           The sensitivity of other post benefit obligation to
       lainnya terhadap perubahan asumsi aktuaria                                changes in the actuarial assumptions is as follows:
       adalah sebagai berikut:
                                                                      Dampak
                                                       imbalan kerja jangka panjang lainnya/
                                                                     Impact on
                                                         other long-term employee benefits
                                                                Nilai kini kewajiban
                                                                   imbalan kerja/
                                Perubahan Asumsi/                 Present value of            Biaya jasa kini/
       2024                    Change in Assumption              benefit obligation         Current service cost                     2024
                                Kenaikan/increase 1%                        (151,165)                      (4,838)
       Tingkat diskonto        Penurunan/decrease 1%                         169,753                        5,465           Discount rate

                                Kenaikan/increase 1%                         241,009                        8,751
       Tingkat kenaikan gaji   Penurunan/decrease 1%                        (200,400)                      (6,986)    Salary increase rate




                                                          Halaman - 219 - Page
1430   Transforming the Future, Empowering Indonesia
Page 830
                                     PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                        DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                         FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                         31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

41. IMBALAN KERJA (lanjutan)                                            41. EMPLOYEE BENEFITS (continued)

    Imbalan pasca kerja lainnya dan imbalan kerja                            Post employment benefits and other long-term
    jangka panjang lainnya (lanjutan)                                        employee benefits (continued)
                                                               Dampak
                                                imbalan kerja jangka panjang lainnya/
                                                              Impact on
                                                  other long-term employee benefits
                                                           Nilai kini kewajiban
                                                              imbalan kerja/
                             Perubahan Asumsi/               Present value of              Biaya jasa kini/
    2023                    Change in Assumption            benefit obligation           Current service cost                        2023
                             Kenaikan/increase 1%                       (145,466)                        (5,338)
    Tingkat diskonto        Penurunan/decrease 1%                        163,528                          6,074           Discount rate
                             Kenaikan/increase 1%                        228,078                          8,466
    Tingkat kenaikan gaji   Penurunan/decrease 1%                       (191,423)                        (6,789)   Salary increase rate

    Analisis sensitivitas didasarkan pada perubahan                          The sensitivity analysis is based on a change in an
    atas satu asumsi aktuarial dimana asumsi lainnya                         actuarial assumption while holding all other
    dianggap konstan. Dalam perhitungan sensitivitas                         assumptions constant. When calculating the
    kewajiban imbalan pasti atas asumsi aktuarial                            sensitivity of the defined benefit obligation to
    utama, metode yang sama (perhitungan nilai kini                          significant actuarial assumptions, the same method
    kewajiban imbalan pasti dengan menggunakan                               (present value of the defined benefit obligation
    metode projected unit credit di akhir periode                            calculated with the projected unit credit method at
    pelaporan) telah diterapkan seperti dalam                                the end of the reporting period) has been applied
    penghitungan kewajiban pensiun yang diakui                               as when calculating the pension liability recognised
    dalam laporan posisi keuangan konsolidasian.                             within the consolidated statement of financial
                                                                             position.


42. LABA    PER   SAHAM   DASAR/DILUSIAN                                42. BASIC/DILUTED EARNINGS PER SHARE
    DIATRIBUSIKAN KEPADA PEMILIK ENTITAS                                    ATTRIBUTABLE TO EQUITY HOLDERS OF THE
    INDUK                                                                   PARENT ENTITY

    Laba tahun berjalan per saham dasar dihitung                             Basic earnings per share is computed by dividing
    dengan membagi laba tahun berjalan diatribusikan                         income for the year attributable to owners of the
    kepada pemilik entitas induk dengan rata-rata                            parent entity by the weighted average number of
    tertimbang jumlah lembar saham biasa yang                                outstanding common shares during the related
    beredar pada tahun bersangkutan.                                         year.

                                                    2024                          2023

    Laba tahun berjalan yang dapat
      diatribusikan kepada                                                                              Income for the year attributable
      pemilik entitas induk                                21,463,599               20,909,476          to owners of the parent entity

    Rata-rata tertimbang jumlah lembar                                                                       Weighted average number
      saham biasa yang beredar                                                                         of outstanding ordinary shares
        (dalam nilai penuh)                         37,289,742,787            37,256,798,316                          (in full amount)

    Laba per saham dasar                                                                                               Basic earnings per
      diatribusikan kepada                                                                         share attributable to equity holders
      pemilik entitas induk                                                                                         of the parent entity
      (dalam Rupiah penuh)                                        576                     561                  (in full Rupiah amount)


    Bank dan Entitas Anak tidak memiliki potensi                             Bank and Subsidiaries have no dilutive potential
    saham yang bersifat dilutif.                                             shares.




                                                    Halaman - 220 - Page                                      2024 Annual Report
                                                                                            PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                       1431
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                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  43. PEMBAYARAN BERBASIS SAHAM                                     43. SHARE-BASED PAYMENT

       Berdasarkan Keputusan Rapat Umum Pemegang                        Based on the decision of the BNI’s Shareholders
       Saham (RUPS) Tahunan BNI tanggal 29 Maret                        Annual General Meeting held on 29 March 2021,
       2021 yang diaktakan dengan akta No. 14, yang                     notarized by deed No. 14, made before Notary
       dibuat dihadapan Notaris Fathiah Helmi, S.H.,                    Fathiah Helmi, S.H., on the same date, the
       dengan tanggal yang sama, RUPS telah                             shareholders approved the granting of authority
       menyetujui untuk mengalihkan secara keseluruhan                  and approved to transfer all of the shares from the
       saham hasil pembelian kembali (buyback) tahun                    2020 buyback that has been registered as
       2020 yang disimpan sebagai saham treasuri                        treasury shares of 19,579,700 for the purpose of
       sebanyak 19.579.700 saham dalam rangka                           the Employee Shares Ownership Program and the
       Program Kepemilikan Saham oleh Pegawai dan                       Board of Directors and the Board of
       Program Kepemilikan Saham oleh Direksi dan                       Commissioners share ownership program.
       Dewan Komisaris.

       Selanjutnya, berdasarkan Surat Kementerian                       Furthermore, according to the Letter of the Ministry
       Badan Usaha Milik Negara (KBUMN) No. SR-                         of State-Owned Enterprises (KBUMN) No. SR-
       33/Wk2.MBU.A/10/2021 tanggal 1 Oktober 2021,                     33/Wk2.MBU.A/10/2021 dated 1 October 2021, the
       Menteri Negara BUMN telah menetapkan besarnya                    Minister of State-Owned Enterprises has
       Jumlah Tantiem untuk Direksi dan Dewan                           determined the amount of Tantiem for the Board of
       Komisaris atas kinerja Tahun Buku 2020.                          Directors and Board of Commissioners for the
       Menindaklanjuti      hal     tersebut,   dengan                  performance of Fiscal Year 2020. Following up on
       memperhatikan            ketentuan         POJK                  this, taking into account to POJK No.45/POJK
       No.45/POJK.03/2015 tentang Penerapan Tata                        03/2015 concerning the Implementation of Good
       Kelola Dalam Pemberian Remunerasi Bagi Bank                      Corporate Governance in Providing Remuneration
       Umum dan berdasarkan keputusan manajemen                         for    Commercial     Banks     and    based     on
       bahwa 20% dari jumlah Tantiem dibayarkan                         management’s decision that 20% of the amount of
       sebagai remunerasi yang harus ditangguhkan dan                   Tantiem is paid as remuneration which must be
       dibayarkan dalam bentuk saham untuk Direksi dan                  deferred and paid in the form of shares for Board of
       Dewan Komisaris non Independen, serta dalam                      Directors and non Independent Board of
       bentuk deposito bagi Komisaris Independen.                       Commissioners, as well as in the form of
                                                                        deposits    for    Independent      Commissioners.

       Bank telah memberikan saham sebagaimana                          The Bank has granted 5,724,673 shares as
       disebutkan di atas pada tanggal 30 Desember                      mentioned above on 30 December 2021 with the
       2021 sebanyak 5.724.673 lembar saham dengan                      opening lock-up period and the distribution are as
       pembukaan periode lock-up beserta pembagiannya                   follows:
       sebagai berikut:
       1. Periode lock-up tahap I pada tanggal 5 Juni                   1.    First phase of the lock-up period on 5 June
           2022 dengan jumlah saham sebesar                                   2022 with a total of 1,642,746 shares;
           1.642.746 lembar saham;
       2. Periode lock-up tahap II pada tanggal 5 Juni                  2.    Lock-up period phase II on 5 June 2023 with a
           2023 dengan jumlah saham sebesar                                   total of 1,642,738 shares;
           1.642.738 lembar saham;
       3. Periode lock-up tahap III pada tanggal 5 Juni                 3.    Lock-up period phase III on 5 June 2024 with a
           2024 dengan jumlah saham sebesar                                   total of 1,642,726 shares, and;
           1.642.726 lembar saham; dan
       4. Periode lock-up tahap IV pada tanggal 5 Juni                  4.    Lock-up period phase IV on 5 June 2025 with
           2025 dengan jumlah saham sebesar 796.463                           a total of 796,463 shares.
           lembar saham.

       Saham diberikan kepada Direksi dan Dewan                         Shares are granted to Board of Directors and
       Komisaris tertentu berdasarkan pada pencapaian                   Board of Commissioners based on Bank’s
       performa kinerja Bank. Harga eksekusi yang                       performance target achievement. The exercise
       diberikan sama dengan harga pasar pada tanggal                   price of the granted options is equal to the market
       pemberian yaitu sebesar Rp6.750 (nilai penuh).                   price at the grant date amounting to Rp6,750 (full
                                                                        amount).




                                                       Halaman - 221 - Page
1432   Transforming the Future, Empowering Indonesia
Page 832
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

43. PEMBAYARAN BERBASIS SAHAM (lanjutan)                         43. SHARE-BASED PAYMENT (continued)

    Selain itu, berdasarkan Keputusan Rapat Umum                     Other than that, based on the decision of the BNI’s
    Pemegang Saham (RUPS) Tahunan BNI tanggal 15                     Shareholders Annual General Meeting held on 15
    Maret 2022 yang diaktakan dengan akta No. 22,                    March 2022, notarized by deed No. 22, made
    yang dibuat dihadapan Notaris Fathiah Helmi, S.H.,               before Notary Fathiah Helmi, S.H., on the same
    dengan tanggal yang sama, RUPS telah menyetujui                  date, the shareholders approved the granting of
    untuk mengalihkan secara keseluruhan saham hasil                 authority and approved to transfer all of the shares
    pembelian kembali (buyback) tahun 2021 yang                      from the 2021 buyback that has been registered as
    disimpan sebagai saham treasuri sebanyak                         treasury shares of 24,682,600 for the purpose of
    24.682.600 saham dalam rangka Program                            the Employee Shares Ownership Program and the
    Kepemilikan Saham oleh Pegawai dan Program                       Board of Directors and the Board of
    Kepemilikan Saham oleh Direksi dan Dewan                         Commissioners share ownership program.
    Komisaris.

    Selanjutnya, berdasarkan Surat Kementerian Badan                 Furthermore, according to the Letter of the Ministry
    Usaha Milik Negara (KBUMN) No. SR-                               of State-Owned Enterprises (KBUMN) No. SR-
    23/Wk2.MBU.A/07/2022 tanggal 25 Juli 2022,                       23/Wk2.MBU.A/07/2022 dated 25 July 2022, the
    Menteri Negara BUMN telah menetapkan besarnya                    Minister of State-Owned Enterprises has
    Jumlah Tantiem untuk Direksi dan Dewan Komisaris                 determined the amount of Tantiem for the Board of
    atas kinerja Tahun Buku 2021. Menindaklanjuti hal                Directors and Board of Commissioners for the
    tersebut, dengan memperhatikan ketentuan POJK                    performance of Fiscal Year 2021. Following up on
    No.45/POJK.03/2015 tentang Penerapan Tata                        this, taking into account to POJK No.45/POJK
    Kelola Dalam Pemberian Remunerasi Bagi Bank                      03/2015 concerning the Implementation of Good
    Umum dan berdasarkan keputusan manajemen                         Corporate Governance in Providing Remuneration
    bahwa 10% dari jumlah Tantiem dibayarkan sebagai                 for    Commercial     Banks     and    based     on
    remunerasi yang harus ditangguhkan dan                           management’s decision that 10% of the amount of
    dibayarkan dalam bentuk saham untuk Direksi dan                  Tantiem is paid as remuneration which must be
    Dewan Komisaris Non Independen, serta dalam                      deferred and paid in the form of shares for Board of
    bentuk deposito bagi Komisaris Independen.                       Directors and non Independent Board of
                                                                     Commissioners, as well as in the form of deposits
                                                                     for Independent Commissioners.

    Bank telah memberikan saham sebagaimana                          The Bank has granted 3,001,097 shares as
    disebutkan di atas pada tanggal 29 Juli 2022                     mentioned above on 29 July 2022 with the opening
    sebanyak 3.001.097 lembar saham dengan                           lock-up period and the distribution are as follows:
    pembukaan periode lock-up beserta pembagiannya
    sebagai berikut:
    1. Periode lock-up tahap I pada tanggal 5 Juni                   1.    First phase of the lock-up period on 5 June
        2023 dengan jumlah saham sebesar 922.460                           2023 with a total of 922,460 shares;
        lembar saham;
    2. Periode lock-up tahap II pada tanggal 5 Juni                  2.    Lock-up period phase II on 5 June 2024 with a
        2024 dengan jumlah saham sebesar 1.039.325                         total of 1,039,325 shares; and
        lembar saham; dan
    3. Periode lock-up tahap III pada tanggal 5 Juni                 3.    Lock-up period phase III on 5 June 2025 with a
        2025 dengan jumlah saham sebesar 1.039.312                         total of 1,039,312 shares.
        lembar saham.

    Saham diberikan kepada Direksi, Dewan Komisaris                  Shares are granted to Board of Directors, Board of
    dan karyawan tertentu tersebut berdasarkan pada                  Commissioners and several employee based on
    pencapaian performa kinerja Bank. Harga eksekusi                 Bank’s performance target achievement. The
    yang diberikan sama dengan harga pasar pada                      exercise price of the granted options is equal to the
    tanggal pemberian yaitu sebesar Rp7.850 (nilai                   market price at the grant date amounting to
    penuh).                                                          Rp7,850 (full amount).




                                                    Halaman - 222 - Page                             2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1433
Page 833
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  43. PEMBAYARAN BERBASIS SAHAM (lanjutan)                          43. SHARE-BASED PAYMENT (continued)

       Berdasarkan keputusan Rapat Umum Pemegang                        Based on the decision of the BNI Annual General
       Saham (RUPS) Tahunan BNI tanggal 15 Maret                        Meeting of Shareholders (GMS) dated 15 March
       2023 yang diaktakan dengan Akta No. 15 yang                      2023 which was notarized by Deed No. 15 made
       dibuat dihadapan Notaris Ashoya Ratam, SH,                       before Notary Ashoya Ratam, SH, M.Kn., on the
       M.Kn., dengan tanggal yang sama, RUPS telah                      same date, the GMS has agreed to (1) Grant
       menyetujui untuk (1) Memberikan wewenang dan                     authority and power to Series A Dwiwarna
       kuasa kepada Pemegang Saham Seri A Dwiwarna                      Shareholders to determine the amount of bonuses
       untuk menetapkan besarnya Tantiem untuk Tahun                    for the 2022 Financial Year (two thousand and
       Buku 2022 (dua ribu dua puluh dua), serta                        twenty      two),  as     well   as     determining
       menetapkan gaji/honorarium, tunjangan, fasilitas                 salaries/honorariums, allowances, facilities and
       dan insentif lainnya termasuk namun tidak terbatas               other incentives including but not limited to Long
       pada Long Term Incentive, bagi anggota Dewan                     Term Incentives, for members of the Board of
       Komisaris untuk Tahun 2023 (dua ribu dua puluh                   Commissioners for 2023 (two thousand twenty
       tiga). (2) Memberikan wewenang dan kuasa                         three). (2) Grant authority and power to the Board
       kepada Dewan Komisaris dengan terlebih dahulu                    of Commissioners by first obtaining written
       mendapatkan persetujuan tertulis dari Pemegang                   approval from the Series A Dwiwarna Shareholders
       Saham Seri A Dwiwarna untuk menetapkan                           to determine the amount of Tantiem for the 2022
       besarnya Tantiem untuk Tahun Buku 2022 (dua                      Financial Year (two thousand twenty two), as well
       ribu dua puluh dua), serta menetapkan                            as determine the salary/honorarium, allowances,
       gaji/honorarium, tunjangan, fasilitas dan insentif               facilities and other incentives including but not
       lainnya termasuk namun tidak terbatas pada Long                  limited to Long Term Incentives, for members of
       Term Incentive, bagi anggota Direksi untuk Tahun                 the Board of Directors for 2023 (two thousand
       2023 (dua ribu dua puluh tiga).                                  twenty three).

       Selanjutnya, berdasarkan Surat Kementerian                       Furthermore, based on the Letter of the Ministry of
       Badan Usaha Milik Negara (KBUMN) No. SR-                         State-Owned Enterprises (KBUMN) No. SR-
       25/Wk2.MBU.A/07/2023 tanggal 4 Juli 2023                         25/Wk2.MBU.A/07/2023 dated 4 July 2023 was
       kemudian ditindaklanjuti dengan Surat Dewan                      then followed up with Board of Commissioners
       Komisaris No. DK/84 tanggal 5 Juli 2023, pada                    Letter No. DK/84 dated 5 July 2023, on
       tanggal 15 Februari 2024 Bank telah melakukan                    15 February 2024 the Bank has paid share-based
       pembayaran remunerasi berbasis saham dalam                       remuneration in the form of Long Term Incentive of
       bentuk Long Term Incentive sebanyak 15.637.000                   15,637,000 shares with the opening of the lock-up
       lembar saham dengan pembukaan periode lock-up                    period in 2026 taking into account the holding
       pada tahun 2026 dengan memperhatikan                             period provisions in accordance with the Long
       ketentuan holding period sesuai ketentuan Long                   Term Incentive provisions BUMN in BUMN
       Term Incentive BUMN pada Peraturan Menteri                       Ministerial Regulation No. PER-3/MBU/03/2023
       BUMN No. PER-3/MBU/03/2023 tentang Organ                         concerning Organs and Human Resources of
       dan Sumber Daya Manusia Badan Usaha Milik                        State-Owned Enterprises.
       Negara.

       Saham dialokasikan kepada Direksi dan Dewan                      Shares are allocated to the Board of Directors and
       Komisaris yang menjabat sepanjang tahun 2023                     Board of Commissioners who serve throughout
       dan akan dimiliki sepenuhnya (eksekusi) setelah                  2023 and will be fully owned (executed) after the
       tanggal lock up dan holding period berdasarkan                   lock up date and holding period based on the
       pada pencapaian performa kinerja Bank pada                       Bank's performance achievements in 2023-2025 as
       tahun 2023-2025 sebagaimana yang telah                           agreed between members of the Board of Directors
       diperjanjikan antara anggota Direksi dan Dewan                   and Board of Commissioners and the Ministry of
       Komisaris dengan Kementerian BUMN. Harga                         BUMN . The execution price is the fair value price
       eksekusi adalah harga fair value tahun 2026 yang                 in 2026 which has been calculated by an
       telah dihitung oleh konsultan independen yaitu                   independent consultant, namely Rp4,704 (full
       sebesar Rp4.704 (nilai penuh).                                   amount).




                                                       Halaman - 223 - Page
1434   Transforming the Future, Empowering Indonesia
Page 834
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

43. PEMBAYARAN BERBASIS SAHAM (lanjutan)                         43. SHARE-BASED PAYMENT (continued)

    Program Employee Stock Allocation (“ESA”)                        Employee Stock Allocation (“ESA”) Program

    Berdasarkan Keputusan Rapat Umum Pemegang                        Based on the decision of the BNI’s Shareholders
    Saham (RUPS) Tahunan BNI tanggal 15 Maret                        Annual General Meeting held on 15 March 2022,
    2022 yang diaktakan dengan akta No. 22, yang                     notarized by deed No. 22, made before Notary
    dibuat dihadapan Notaris Fathiah Helmi, S.H.,                    Fathiah Helmi, S.H., on the same date, the
    dengan tanggal yang sama, RUPS telah                             shareholders approved the granting of authority
    menyetujui untuk mengalihkan secara keseluruhan                  and approved to transfer all of the shares from the
    saham hasil pembelian kembali (buyback) tahun                    2021 buyback that has been registered as treasury
    2021 yang disimpan sebagai saham treasuri                        shares of 24,682,600 for the purpose of the
    sebanyak 24.682.600 saham dalam rangka                           Employee Shares Ownership Program and the
    Program Kepemilikan Saham oleh Pegawai dan                       Board of Directors and the Board of
    Program Kepemilikan Saham oleh Direksi dan                       Commissioners Shares Ownership program.
    Dewan Komisaris. Menyetujui memberikan kuasa                     Approved and grant power and authority to
    dan wewenang pelaksanaan Program Kepemilikan                     implement the Share Ownership Program for
    Saham     bagi   Pegawai    dan/atau   Program                   Employees and/or Share Ownership Program for
    Kepemilikan Saham bagi Direksi dan Dewan                         the Board of Directors and the Board of
    Komisaris baik bersumber dari saham treasuri                     Commissioners, whether sourced from treasury
    maupun sumber lainnya.                                           shares or other source.

    Bank telah memberikan saham sebagaimana                          The Bank has granted shares as mentioned above
    disebutkan di atas pada tanggal 2 Juni 2022                      on 2 June 2022 as many as 67,795,400 shares
    sebanyak 67.795.400 lembar saham yang                            with the opening lock-up period and the distribution
    mempunyai pembukaan periode lock-up dengan                       are as follows:
    tahapan sebagai berikut:
    1. Pembukaan periode lock-up tahap I pada                        1.    First phase of the lock-up period on 2 June
        tanggal 2 Juni 2023 dengan jumlah saham                            2023 with a total of 47,938,100 shares;
        sebesar 47.938.100 lembar saham,
    2. Pembukaan periode lock-up tahap II pada                       2.    Lock-up period phase II on 2 June 2024 with a
        tanggal 2 Juni 2024 dengan jumlah saham                            total of 10,854,800 shares; and
        sebesar 10.854.800 lembar saham, dan
    3. Pembukaan periode lock-up tahap III pada                      ϯ͘    Lock-up period phase III on 2 June 2025 with
        tanggal 2 Juni 2025 dengan jumlah saham                            a total of 9,002,500 shares͘
        sebesar 9.002.500 lembar saham.

    Saham diberikan kepada direksi dan karyawan                      Shares are granted to directors and to selected
    tertentu berdasarkan pada pencapaian performa                    employees based on Bank’s performance target
    kinerja Bank. Harga eksekusi yang diberikan sama                 achievement. The exercise price of the granted
    dengan harga pasar pada tanggal pemberian yaitu                  options is equal to the market price at the grant
    sebesar Rp8.850 (nilai penuh).                                   date amounting to Rp8,850 (full amount).

    Pada tanggal 29 Desember 2022, Bank                              On 29 December 2022, The Bank has granted
    memberikan saham sebanyak 10.355.756 lembar                      shares as many as 10,355,756 shares with the
    saham yang mempunyai pembukaan periode lock-                     opening lock-up period and the distribution are as
    up dengan tahapan sebagai berikut:                               follows:
    1. Pembukaan periode lock-up tahap I pada                        1. First phase of the lock-up period on 2 June
        tanggal 2 Juni 2023 dengan jumlah saham                           2023 with a total of 7,975,689 shares;
        sebesar 7.975.689 lembar saham;
    2. Pembukaan periode lock-up tahap II pada                       2. Lock-up period phase II on 2 June 2024 with a
        tanggal 2 Juni 2024 dengan jumlah saham                         total of 622,400 shares;
        sebesar 622.400 lembar saham;
    3. Pembukaan periode lock-up tahap III pada                      3. Lock-up period phase III on 2 June 2025 with
        tanggal 2 Juni 2025 dengan jumlah saham                         a total of 1,551,800 shares; and
        sebesar 1.551.800 lembar saham; dan
    4. Pembukaan periode lock-up tahap I pada                        4. First phase of the lock-up period on 29 March
        tanggal 29 Maret 2023 dengan jumlah saham                       2023 with a total of 102,933 shares;
        sebesar 102.933 lembar saham;




                                                    Halaman - 224 - Page                             2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1435
Page 835
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                      31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

  43. PEMBAYARAN BERBASIS SAHAM (lanjutan)                                43. SHARE-BASED PAYMENT (continued)

       Program Performance Stock Bonus                                        Performance Stock Bonus Program

       Berdasarkan keputusan Rapat Umum Pemegang                              Based on the decision of the BNI Annual General
       Saham (RUPS) Tahunan BNI tanggal 15 Maret                              Meeting of Shareholders (GMS) dated 15 March
       2023 yang diaktakan dengan Akta No. 15 yang                            2023 which was notarized by Deed No. 15 made
       dibuat dihadapan Notaris Ashoya Ratam, SH,                             before Notary Ashoya Ratam, SH, M.Kn., on the
       M.Kn., dengan tanggal yang sama, RUPS telah                            same date, the GMS has decided to agreed the
       menyetujui untuk pembelian kembali saham                               buyback of the Company's shares which have
       Perseroan (buyback) dan pengalihan saham hasil                         been issued and listed on the Indonesia Stock
       buyback yang disimpan sebagai saham treasuri                           Exchange (IDX) for the full nominal amount
       (treasury stock), dengan nilai buyback sebesar-                        buyback maximum Rp905,000 for the purpose of
       sebesarnya Rp905.000, dalam rangka program                             the Employee Stock Ownership Program and/or
       Kepemilikan Saham bagi Pegawai dan/atau                                the Management Ownership Program for Directors
       Program Kepemilikan Saham bagi Direksi dan                             and Board of Commissioners as one of the options
       Dewan Komisaris sebagai salah satu opsi                                for utilizing from buybacks which are held as
       pengalihan saham hasil pembelian kembali                               treasury stock. Approved and grant power and
       (buyback) yang disimpan sebagai saham treasuri                         authority to implement the Employee Stock
       (treasury stock). Menyetujui memberikan kuasa                          Ownership Program and/or the Management
       dan wewenang pelaksanaan Program Kepemilikan                           Ownership Program to Company Directors to
       Saham     bagi    Pegawai    dan/atau  Program                         implement the Employee Stock Ownership
       Kepemilikan Saham bagi Direksi dan Dewan                               Program; in compliance with applicable laws and
       Komisaris kepada Direksi Perseroan untuk                               regulations.
       melaksanakan Program Kepemilikan Saham bagi
       Pegawai; dengan tetap memperhatikan peraturan
       perundang-undangan yang berlaku.

       Pada tanggal 16 April 2024, Bank memberikan                            On 16 April 2024, The Bank has granted shares as
       saham sebanyak 24.877.600 lembar saham, yang                           many as 24,877,600 shares with the opening lock-
       akan dimiliki sepenuhnya (eksekusi) setelah                            up period and the distribution are as based on
       tanggal lock up dan holding period berdasarkan                         Bank’s performance target achievement which has
       pada pencapaian performa kinerja Bank tahun                            been set or a year after allocation date and vested.
       2024 yang telah ditetapkan; dan atau setelah 1
       (satu) tahun tanggal alokasi dan vesting.

       Harga saham Performance Stock Bonus sama                               The exercise price of the granted options is equal
       dengan harga pasar pada tanggal pemberian yaitu                        to the market price at the grant date amounting to
       sebesar Rp5.200 (nilai penuh).                                         Rp5,200 (full amount).


  44. KOMITMEN DAN KONTINJENSI                                            44. COMMITMENTS AND CONTINGENCIES

                                                        2024                      2023

       Tagihan komitmen                                                                                   Commitment receivables
       Pembelian berjangka mata uang asing                                                             Unsettled purchased of foreign
         yang belum diselesaikan                         211,119,603               95,742,672                      currency futures
       Lain-lain                                              87,401                   83,611                                 Others

                                                         211,207,004               95,826,283


       Liabilitas komitmen                                                                                    Commitment payables
       Penjualan berjangka mata uang asing                                                                   Sales of foreign currency
          yang belum diselesaikan                        210,837,973               95,576,152                    futures unresolved
       Fasilitas kredit kepada debitur
          yang belum digunakan                               57,552,807            55,883,261                   Unused loan facilities
       Irrevocable letters of credit                                                                          Outstanding irrevocable
          yang masih berjalan                                 9,952,660            16,854,306                       letters of credit
       Lainnya                                                   87,401                83,611                                  Others

                                                         278,430,841              168,397,330




                                                       Halaman - 225 - Page
1436   Transforming the Future, Empowering Indonesia
Page 836
                                      PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                         DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                      31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

44. KOMITMEN DAN KONTINJENSI (lanjutan)                                 44. COMMITMENTS             AND         CONTINGENCIES
                                                                            (continued)

                                                     2024                       2023

    Tagihan kontinjensi                                                                                    Contingent receivables
    Garansi bank yang diterima                             27,161,836            23,425,868               Bank guarantees received
    Pendapatan bunga dalam                                                                                Interest receivable on non
      penyelesaian                                         11,789,678            12,030,214                     performing assets
    Lainnya                                                   533,640               458,646                                   Others

                                                           39,485,154            35,914,728


    Liabilitas kontinjensi                                                                                  Contingent payables
    Garansi yang diterbitkan dalam bentuk:                                                         Guarantees issued in the form of:
      Performance bonds                                    29,531,031            29,116,032                 Performance bonds
      Standby letters of credit                            20,640,452            15,062,455              Standby letters of credit
      Advance payment bonds                                12,001,829            11,950,470             Advance payment bonds
      Bid bonds                                             1,560,292             1,182,756                            Bid bonds
      Garansi bank lainnya                                  9,717,376             9,465,418              Other bank guarantees
    Lainnya                                                 3,119,342             2,000,569                                 Others

                                                           76,570,322            68,777,700


    Transaksi komitmen dan kontinjensi yang terjadi                         Commitments and contingent transactions in the
    dalam kegiatan normal Grup yang mempunyai                               normal course of the Group’s activities that have
    risiko kredit adalah sebagai berikut:                                   credit risk are as follows:

                                                     2024                       2023
    Garansi bank yang diterbitkan                                                                          Bank guarantees issued
      Pihak berelasi (Catatan 45r)                         22,790,386            22,324,075             Related parties (Note 45r)
      Pihak ketiga                                         50,660,594            44,453,056                          Third parties

    Irrevocable letters of credit                                                                        Irrevocable letters of credit
       Pihak berelasi (Catatan 45s)                         3,908,349            12,275,824             Related parties (Note 45s)
       Pihak ketiga                                         6,044,311             4,578,482                           Third parties

    Fasilitas kredit kepada debitur
      yang belum digunakan                                                                                     Unused loan facilities
      Pihak berelasi (Catatan 45t)                         16,171,508             9,204,717              Related parties (Note 45t)
      Pihak ketiga                                         41,381,299            46,678,544                           Third parties

                                                      140,956,447               139,514,698


    Informasi tambahan terkait kolektabilitas yang                          The following additional information presented in
    disajikan merupakan informasi yang disyaratkan                          relation to collectibility required by applicable
    oleh regulasi yang berlaku dan bukan/tidak                              regulations and is not information required by
    merupakan informasi yang dipersyaratkan oleh                            Indonesian Accounting Standards are disclosed in
    Standar Akuntansi Indonesia diungkapkan pada                            Note 59k.
    Catatan 59k.




                                                    Halaman - 226 - Page                                    2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                   1437
Page 837
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  45. TRANSAKSI DENGAN PIHAK BERELASI                               45. RELATED PARTY TRANSACTIONS

       Dalam kegiatan normal usaha, Bank melakukan                      In the normal course of business, the Bank enters
       transaksi dengan pihak berelasi karena hubungan                  into certain transactions with parties which are
       kepemilikan dan/atau kepengurusan. Semua                         related to the management and/or owned by the
       transaksi dengan pihak-pihak berelasi telah                      same ultimate shareholder. All transactions with
       dilakukan dengan kebijakan dan syarat yang telah                 related parties have met the agreed terms and
       disepakati bersama.                                              conditions.

       a.   Jenis hubungan                                              a.    Type of relationships

            Hubungan pihak berelasi sebagai                                   Related party relationship as the
            pemegang saham utama                                              controlling shareholder

            Pemerintah Republik Indonesia melalui Kementerian                 The Government of Republic of Indonesia through
            Keuangan                                                          the Ministry of Finance

            Pengendalian melalui Pemerintah Republik                          Control through The Government of The
            Indonesia                                                         Republic of Indonesia
            Badan Penyelenggara Jaminan Sosial (BPJS)                         Badan Penyelenggara Jaminan Sosial (BPJS)
            Kesehatan                                                         Kesehatan
            Badan Penyelenggara Jaminan Sosial (BPJS)                         Badan Penyelenggara Jaminan Sosial (BPJS)
            Ketenagakerjaan                                                   Ketenagakerjaan
            Kementerian Keuangan Republik Indonesia                           Ministry of Finance of the Republic of Indonesia
            Lembaga Kantor Berita Nasional (LKBN) Antara                      Lembaga Kantor Berita Nasional (LKBN) Antara
            Perum BULOG dan Entitas Anak                                      Perum BULOG and Subsidiaries
            Perum DAMRI                                                       Perum DAMRI
            Perum Jasa Tirta I                                                Perum Jasa Tirta I
            Perum Jasa Tirta II                                               Perum Jasa Tirta II
            Perum Lembaga Penyelenggara Pelayanan Navigasi                    Perum Lembaga Penyelenggara Pelayanan
            Penerbangan Indonesia                                             Navigasi Penerbangan Indonesia
            Perum Percetakan Negara Republik Indonesia                        Perum Percetakan Negara Republik Indonesia
            Perum Percetakan Uang Republik Indonesia                          Perum Percetakan Uang Republik Indonesia
            (“Perum Peruri”) dan Entitas Anak                                 (“Perum Peruri”) and Subsidiaries
            Perum Perhutani dan Entitas Anak                                  Perum Perhutani and Subsidiaries
            Perum Pengangkutan Penumpang Djakarta                             Perum Pengangkutan Penumpang Djakarta
            Perum Perumnas                                                    Perum Perumnas
            Perum Produksi Film Negara                                        Perum Produksi Film Negara
            PT Adhi Karya (Persero) Tbk dan Entitas Anak                      PT Adhi Karya (Persero) Tbk and Subsidiaries
            PT Amarta Karya (Persero)                                         PT Amarta Karya (Persero)
            PT ASDP Indonesia Ferry (Persero) dan Entitas                     PT ASDP Indonesia Ferry (Persero) and
            Anak                                                              Subsidiaries
            PT Asuransi Jiwasraya (Persero)                                   PT Asuransi Jiwasraya (Persero)
            PT Asuransi Sosial Angkatan Bersenjata Republik                   PT Asuransi Sosial Angkatan Bersenjata Republik
            Indonesia (Persero)                                               Indonesia (Persero)
            PT Aviasi Pariwisata Indonesia (Persero) dan                      PT Aviasi Pariwisata Indonesia (Persero) and
            Entitas Anak                                                      Subsidiaries
            PT Bahana Pembinaan Usaha Indonesia (Persero)                     PT Bahana Pembinaan Usaha Indonesia (Persero)
            dan Entitas Anak                                                  and Subsidiaries
            PT Bank Mandiri (Persero) Tbk dan Entitas Anak                    PT Bank Mandiri (Persero) Tbk and Subsidiaries




                                                       Halaman - 227 - Page
1438   Transforming the Future, Empowering Indonesia
Page 838
                                     PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                        DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

45. TRANSAKSI         DENGAN          PIHAK        BERELASI        45. RELATED PARTY TRANSACTIONS (continued)
    (lanjutan)

    a.   Jenis hubungan (lanjutan)                                     a.    Type of relationships (continued)

         Pengendalian melalui Pemerintah Republik                            Control through The Government of The
         Indonesia (lanjutan)                                                Republic of Indonesia (continued)

         PT Bank Rakyat Indonesia (Persero) Tbk dan                          PT Bank Rakyat Indonesia (Persero) Tbk and
         Entitas Anak                                                        Subsidiaries
         PT Bank Tabungan Negara (Persero) Tbk                               PT Bank Tabungan Negara (Persero) Tbk
         PT Barata Indonesia (Persero)                                       PT Barata Indonesia (Persero)
         PT Bio Farma (Persero)                                              PT Bio Farma (Persero)
         PT Biro Klasifikasi Indonesia (Persero)                             PT Biro Klasifikasi Indonesia (Persero)
         PT Boma Bisma Indra (Persero)                                       PT Boma Bisma Indra (Persero)
         PT Brantas Abipraya (Persero)                                       PT Brantas Abipraya (Persero)
         PT Danareksa (Persero) dan Entitas Anak                             PT Danareksa (Persero) and Subsidiaries
         PT Djakarta Lloyd (Persero) dan Entitas Anak                        PT Djakarta Lloyd (Persero) and Subsidiaries
         PT Dok dan Perkapalan Kodja Bahari (Persero)                        PT Dok dan Perkapalan Kodja Bahari (Persero)
         PT Dok dan Perkapalan Surabaya (Persero)                            PT Dok dan Perkapalan Surabaya (Persero)
         PT Garuda Indonesia (Persero) Tbk dan Entitas                       PT Garuda Indonesia (Persero) Tbk and
         Anak                                                                Subsidiaries
         PT Hutama Karya (Persero) dan Entitas Anak                          PT Hutama Karya (Persero) and Subsidiaries
         PT Indah Karya (Persero)                                            PT Indah Karya (Persero)
         PT Indonesia Asahan Aluminium (Persero)                             PT Indonesia Asahan Aluminium (Persero)
         PT Indra Karya (Persero)                                            PT Indra Karya (Persero)
         PT Industri Kapal Indonesia (Persero)                               PT Industri Kapal Indonesia (Persero)
         PT Industri Kereta Api (Persero) dan Entitas Anak                   PT Industri Kereta Api (Persero) and Subsidiaries
         PT Industri Telekomunikasi Indonesia (Persero)                      PT Industri Telekomunikasi Indonesia (Persero)
         PT Jasa Marga (Persero) Tbk dan Entitas Anak                        PT Jasa Marga (Persero) Tbk and Subsidiaries
         PT Kereta Api Indonesia (Persero) dan Entitas Anak                  PT Kereta Api Indonesia (Persero) and Subsidiaries
         PT Krakatau Steel (Persero) dan Entitas Anak                        PT Krakatau Steel (Persero) and Subsidiaries
         PT Len Industri (Persero) dan Entitas Anak                          PT Len Industri (Persero) and Subsidiaries
         PT PDI Pulau Batam (Persero)                                        PT PDI Pulau Batam (Persero)
         PT Pelabuhan Indonesia (Persero) dan Entitas                        PT Pelabuhan Indonesia (Persero) and
         Anak                                                                Subsidiaries
         PT Pelayaran Nasional Indonesia (Persero) dan                       PT Pelayaran Nasional Indonesia (Persero) and
         Entitas Anak                                                        Subsidiaries
         PT PANN (Persero) dan Entitas Anak                                  PT PANN (Persero) and Subsidiaries
         PT Pembangunan Perumahan (Persero) Tbk dan                          PT Pembangunan Perumahan (Persero) Tbk and
         Entitas Anak                                                        Subsidiaries




                                                      Halaman - 228 - Page                              2024 Annual Report
                                                                                      PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                 1439
Page 839
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                  FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

  45. TRANSAKSI          DENGAN         PIHAK          BERELASI       45. RELATED PARTY TRANSACTIONS (continued)
      (lanjutan)

       a.   Jenis hubungan (lanjutan)                                     a.    Type of relationships (continued)

            Pengendalian melalui Pemerintah Republik                            Control through The Government of The
            Indonesia (lanjutan)                                                Republic of Indonesia (continued)

            PT Pengembangan Pariwisata Indonesia (Persero)                      PT Pengembangan Pariwisata Indonesia (Persero)
            PT Perkebunan Nusantara III (Persero) dan Entitas                   PT Perkebunan Nusantara III (Persero) and
            Anak                                                                Subsidiaries
            PT Pertamina (Persero) dan Entitas Anak                             PT Pertamina (Persero) and Subsidiaries
            PT Perusahaan Listrik Negara (“PLN”) (Persero)                      PT Perusahaan Listrik Negara (“PLN”) (Persero)
            dan Entitas Anak                                                    and Subsidiaries
            PT Pos Indonesia (Persero) dan Entitas Anak                         PT Pos Indonesia (Persero) and Subsidiaries
            PT Primissima (Persero)                                             PT Primissima (Persero)
            PT Pupuk Indonesia Holding Company (Persero)                        PT Pupuk Indonesia Holding Company (Persero)
            dan Entitas Anak                                                    and Subsidiaries
            PT Rajawali Nusantara Indonesia (Persero) dan                       PT Rajawali Nusantara Indonesia (Persero) and
            Entitas Anak                                                        Subsidiaries
            PT Reasuransi Indonesia Utama (Persero) dan                         PT Reasuransi Indonesia Utama (Persero) and
            Entitas Anak                                                        Subsidiaries
            PT Semen Indonesia (Persero) Tbk dan Entitas                        PT Semen Indonesia (Persero) Tbk and
            Anak                                                                Subsidiaries
            PT Semen Kupang (Persero)                                           PT Semen Kupang (Persero)
            PT Taspen (Persero) dan Entitas Anak                                PT Taspen (Persero) and Subsidiaries
            PT Telkom Indonesia (Persero) Tbk dan Entitas                       PT Telkom Indonesia (Persero) Tbk and
            Anak                                                                Subsidiaries
            PT Varuna Tirta Prakasya (Persero)                                  PT Varuna Tirta Prakasya (Persero)
            PT Virama Karya (Persero)                                           PT Virama Karya (Persero)
            PT Waskita Karya (Persero) Tbk dan Entitas Anak                     PT Waskita Karya (Persero) Tbk and Subsidiaries
            PT Wijaya Karya (Persero) Tbk dan Entitas Anak                      PT Wijaya Karya (Persero) Tbk and Subsidiaries
            PT Yodya Karya (Persero)                                            PT Yodya Karya (Persero)

            Pengendalian Kegiatan Bank                                          Control on Bank’s Activities

            Manajemen Kunci                                                     Key Management

            Berdasarkan Kepemilikan dan/atau                                    By Ownership and/or Management
            Kepengurusan

            Dana Pensiun (“DP”) BNI                                             Dana Pensiun (“DP”) BNI
            Dana Pensiun Lembaga Keuangan (“DPLK”) BNI                          Dana Pensiun Lembaga Keuangan (“DPLK”) BNI
            PT Asuransi Tripakarta                                              PT Asuransi Tripakarta




                                                         Halaman - 229 - Page
1440   Transforming the Future, Empowering Indonesia
Page 840
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                         FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                         31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                (Expressed in millions of Rupiah, unless otherwise stated)

45. TRANSAKSI         DENGAN        PIHAK      BERELASI                 45. RELATED PARTY TRANSACTIONS (continued)
    (lanjutan)

    b.   Giro pada bank lain                                               b.   Current accounts with other banks

                                                     2024                       2023

         PT Bank Mandiri (Persero) Tbk                        40,263                    50,137         PT Bank Mandiri (Persero) Tbk
         PT Bank Rakyat                                                                                             PT Bank Rakyat
           Indonesia (Persero) Tbk                             2,357                     1,368             Indonesia (Persero) Tbk
         PT Bank Tabungan                                                                                        PT Bank Tabungan
           Negara (Persero) Tbk                                  354                      749                Negara (Persero) Tbk
                                                              42,974                    52,254


    c.   Penempatan pada bank lain dan Bank                                c.   Placements with other banks and Bank
         Indonesia                                                              Indonesia

                                                     2024                       2023

         PT Bank Mandiri (Persero) Tbk                      1,097,013                   97,300         PT Bank Mandiri (Persero) Tbk
         PT Bank Tabungan                                                                                        PT Bank Tabungan
           Negara (Persero) Tbk                              473,178                   648,420               Negara (Persero) Tbk
         PT Bank Rakyat                                                                                             PT Bank Rakyat
           Indonesia (Persero) Tbk                            50,000                   464,901             Indonesia (Persero) Tbk
                                                            1,620,191             1,210,621


    d.   Efek-efek                                                         d.   Marketable securities

                                                     2024                       2023

         PT Danareksa (Persero)                             2,758,639             2,750,852                   PT Danareksa (Persero)
         PT Bahana Pembinaan Usaha                                                                     PT Bahana Pembinaan Usaha
           Indonesia (Persero)                              1,980,975             2,532,018                     Indonesia (Persero)
         Kementerian Keuangan                                                                                      Ministry of Finance
           Republik Indonesia                               1,675,069             1,321,967            of The Republic of Indonesia
         PT Bank Mandiri (Persero) Tbk                      1,278,725             1,252,790            PT Bank Mandiri (Persero) Tbk
         PT PLN (Persero)                                     719,619               784,178                         PT PLN (Persero)
         PT Bank Rakyat                                                                                               PT Bank Rakyat
           Indonesia (Persero) Tbk                           689,192              1,117,420                 Indonesia (Persero) Tbk
         PT Hutama Karya (Persero)                           386,870                391,263               PT Hutama Karya (Persero)
         PT Telkom Indonesia (Persero) Tbk                   221,354                240,173        PT Telkom Indonesia (Persero) Tbk
         PT Semen Indonesia (Persero) Tbk                    117,269                396,403        PT Semen Indonesia (Persero) Tbk
         PT Pertamina (Persero)                               69,078                 72,214                    PT Pertamina (Persero)
         PT Pelabuhan Indonesia (Persero)                     65,718                 62,056         PT Pelabuhan Indonesia (Persero)
         PT Adhi Karya (Persero) Tbk                          49,917                 50,574              PT Adhi Karya (Persero) Tbk
         PT Pupuk Indonesia Holding                                                                       PT Pupuk Indonesia Holding
           Company (Persero)                                  49,456                    76,002                   Company (Persero)
         PT Kereta Api Indonesia (Persero)                    41,635                     9,943      PT Kereta Api Indonesia (Persero)
         PT Bank Tabungan                                                                                          PT Bank Tabungan
           Negara (Persero) Tbk                               24,487                   240,464                Negara (Persero) Tbk
         PT Indonesia Asahan                                                                                     PT Indonesia Asahan
           Aluminium (Persero)                                24,465                     9,693                  Aluminium (Persero)
         PT Jasa Marga (Persero) Tbk                           4,825                   119,177          PT Jasa Marga (Persero) Tbk
         PT Pembangunan                                                                                             PT Pembangunan
           Perumahan (Persero) Tbk                               122                      170             Perumahan (Persero) Tbk
                                                           10,157,415            11,427,357




                                                    Halaman - 230 - Page                                     2024 Annual Report
                                                                                           PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                    1441
Page 841
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                          31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

  45. TRANSAKSI          DENGAN         PIHAK          BERELASI            45. RELATED PARTY TRANSACTIONS (continued)
      (lanjutan)

       e.   Obligasi Pemerintah                                               e.   Government Bonds

                                                          2024                     2023
                                                                                                                    The Government of
            Pemerintah Republik Indonesia                  126,661,172             125,021,175               The Republic of Indonesia


       f.   Wesel ekspor dan tagihan lainnya                                  f.   Bills and other receivables

                                                          2024                     2023
            PT Brantas Abipraya (Persero)                    1,905,957               1,848,749            PT Brantas Abipraya (Persero)
            PT Semen Indonesia (Persero) Tbk                 1,638,492               1,260,603        PT Semen Indonesia (Persero) Tbk
            PT Hutama Karya (Persero)                          993,367               1,549,938               PT Hutama Karya (Persero)
            PT Bank Mandiri (Persero) Tbk                      668,801               1,432,156            PT Bank Mandiri (Persero) Tbk
            PT Danareksa (Persero)                             321,559                 310,588                  PT Danareksa (Persero)
            PT Telkom Indonesia (Persero) Tbk                  254,117                 150,573        PT Telkom Indonesia (Persero) Tbk
            PT Bank Rakyat                                                                                              PT Bank Rakyat
              Indonesia (Persero) Tbk                            203,485             1,168,480                Indonesia (Persero) Tbk
            PT Wijaya Karya (Persero) Tbk                        106,144               611,292            PT Wijaya Karya (Persero) Tbk
            PT Adhi Karya (Persero) Tbk                          104,616             1,746,168              PT Adhi Karya (Persero) Tbk
            PT Krakatau Steel (Persero)                           12,198                 6,693               PT Krakatau Steel (Persero)
                                                             6,208,736              10,085,240


       g.   Tagihan akseptasi                                                 g.   Acceptance receivables

                                                          2024                     2023

            PT Pembangunan                                                                                            PT Pembangunan
              Perumahan (Persero) Tbk                        1,218,513               1,410,741              Perumahan (Persero) Tbk
            PT Hutama Karya (Persero)                          445,931                 484,791              PT Hutama Karya (Persero)
            PT Perkebunan                                                                                               PT Perkebunan
              Nusantara III (Persero)                            292,727                        -              Nusantara III (Persero)
            PT Len Industri (Persero)                            266,911                  150,809              PT Len Industri (Persero)
            PT Pupuk Indonesia Holding                                                                      PT Pupuk Indonesia Holding
              Company (Persero)                                  211,199                   73,208                 Company (Persero)
            PT Danareksa (Persero)                               146,704                  350,329               PT Danareksa (Persero)
            PT Adhi Karya (Persero) Tbk                           59,769                  275,728          PT Adhi Karya (Persero) Tbk
            PT Bank Mandiri (Persero) Tbk                         41,509                   79,200         PT Bank Mandiri (Persero) Tbk
            PT Brantas Abipraya (Persero)                         38,703                   86,405         PT Brantas Abipraya (Persero)
            PT Rajawali Nusantara                                                                                PT Rajawali Nusantara
            Indonesia (Persero)                                   34,070                   36,935                 Indonesia (Persero)
            PT Semen Indonesia (Persero) Tbk                      31,933                   64,903     PT Semen Indonesia (Persero) Tbk
            PT Wijaya Karya (Persero) Tbk                         17,884                  105,675        PT Wijaya Karya (Persero) Tbk
            PT Krakatau Steel (Persero)                           10,861                        -           PT Krakatau Steel (Persero)
            PT Pertamina (Persero)                                 8,546                        -                PT Pertamina (Persero)
            PT Bank Rakyat                                                                                              PT Bank Rakyat
               Indonesia (Persero) Tbk                                 -                   40,231             Indonesia (Persero) Tbk
                                                             2,825,260               3,158,955




                                                         Halaman - 231 - Page
1442   Transforming the Future, Empowering Indonesia
Page 842
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                        31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                (Expressed in millions of Rupiah, unless otherwise stated)

45. TRANSAKSI         DENGAN        PIHAK        BERELASI               45. RELATED PARTY TRANSACTIONS (continued)
    (lanjutan)

    h.   Tagihan derivatif                                                 h.   Derivative receivables
                                                     2024                       2023

         PT PLN (Persero)                                    228,720                    8,319                    PT PLN (Persero)
         PT Bank Mandiri (Persero) Tbk                        57,994                   19,279        PT Bank Mandiri (Persero) Tbk
         PT Bank Rakyat                                                                                            PT Bank Rakyat
           Indonesia (Persero) Tbk                            31,689                    1,855            Indonesia (Persero) Tbk
         PT Pupuk Indonesia Holding                                                                    PT Pupuk Indonesia Holding
           Company (Persero)                                  20,471                    8,486                Company (Persero)
         PT Pertamina (Persero)                                2,567                        -               PT Pertamina (Persero)
         PT Garuda Indonesia (Persero)                           391                        -        PT Garuda Indonesia (Persero)
                                                             341,832                   37,939


    i.   Pinjaman yang diberikan                                           i.   Loans

                                                     2024                       2023

         Kementerian Keuangan                                                                                  Ministry of Finance
           Republik Indonesia                              36,774,522            11,969,049        of The Republic of Indonesia
         Perum BULOG                                       19,742,438            15,683,736                        Perum BULOG
         PT Jasa Marga (Persero) Tbk                       14,511,463            13,976,854         PT Jasa Marga (Persero) Tbk
         PT Waskita Karya (Persero) Tbk                    11,476,159            11,546,283      PT Waskita Karya (Persero) Tbk
         PT PLN (Persero)                                   8,538,268             7,950,153                     PT PLN (Persero)
         PT Bank Rakyat                                                                                           PT Bank Rakyat
           Indonesia (Persero) Tbk                          7,821,688             4,518,679            Indonesia (Persero) Tbk
         PT Telkom Indonesia (Persero) Tbk                  7,577,536             7,026,449   PT Telkom Indonesia (Persero) Tbk
         PT Perkebunan Nusantara III (Persero)              7,540,939             8,330,263 PT Perkebunan Nusantara III (Persero)
         PT Krakatau Steel (Persero)                        4,699,123             4,613,234           PT Krakatau Steel (Persero)
         PT Kereta Api Indonesia (Persero)                  4,687,982             3,352,414     PT Kereta Api Indonesia (Persero)
         PT Pertamina (Persero)                             4,288,892             6,677,809               PT Pertamina (Persero)
         PT Pupuk Indonesia Holding                                                                   PT Pupuk Indonesia Holding
           Company (Persero)                                4,055,706             4,746,715                 Company (Persero)
         PT Garuda Indonesia (Persero)                      3,695,998             3,591,933       PT Garuda Indonesia (Persero)
         PT Len Industri (Persero)                          3,583,348             3,813,123              PT Len Industri (Persero)
         PT Indonesia Asahan                                                                                 PT Indonesia Asahan
           Aluminium (Persero)                              3,244,823             1,062,328                Aluminium (Persero)
         PT Semen Indonesia (Persero) Tbk                   3,019,880             3,667,076    PT Semen Indonesia (Persero) Tbk
         PT Bio Farma (Persero)                             2,171,366             1,602,806               PT Bio Farma (Persero)
         PT Aviasi Pariwisata                                                                                 PT Aviasi Pariwisata
           Indonesia (Persero)                              2,065,008             2,223,742                 Indonesia (Persero)
         PT Wijaya Karya (Persero) Tbk                      1,995,018             1,285,844        PT Wijaya Karya (Persero) Tbk
         PT Hutama Karya (Persero)                          1,813,312             1,655,238           PT Hutama Karya (Persero)
         PT Adhi Karya (Persero) Tbk                        1,667,599             2,229,313          PT Adhi Karya (Persero) Tbk
         PT Rajawali Nusantara                                                                             PT Rajawali Nusantara
           Indonesia (Persero)                               925,702                702,235                 Indonesia (Persero)
         PT Pelabuhan Indonesia (Persero)                    870,708                879,049     PT Pelabuhan Indonesia (Persero)
         PT Bahana Pembinaan Usaha                                                                  PT Bahana Pembinaan Usaha
           Indonesia (Persero)                               631,450                998,328                 Indonesia (Persero)
         PT Pembangunan                                                                                         PT Pembangunan
           Perumahan (Persero) Tbk                            540,958               412,127           Perumahan (Persero) Tbk
         PT Pos Indonesia (Persero)                           369,777               303,997           PT Pos Indonesia (Persero)
         PT Barata Indonesia (Persero)                              -               335,884        PT Barata Indonesia (Persero)
         Lain-lain                                          1,093,026             1,204,659                                 Others

                                                      159,402,689               126,359,320




                                                    Halaman - 232 - Page                                    2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                   1443
Page 843
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                      NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                           FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                           31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                  (Expressed in millions of Rupiah, unless otherwise stated)

  45. TRANSAKSI          DENGAN         PIHAK          BERELASI             45. RELATED PARTY TRANSACTIONS (continued)
      (lanjutan)

       j.   Investasi pada entitas             asosiasi     dan                j.   Investment in         associates     and    equity
            penyertaan saham                                                        investments

                                                           2024                     2023

            PT Bank Syariah Indonesia Tbk                    12,748,127              11,283,466           PT Bank Syariah Indonesia Tbk
            PT Fintek Karya Nusantara                           369,614                 377,547               PT Fintek Karya Nusantara
                                                             13,117,741              11,661,013


       k.   Simpanan nasabah                                                   k.   Deposits from customers

                                                           2024                     2023

            Entitas dikendalikan melalui                                                               Entities controlled through the
              Pemerintah Republik Indonesia                 112,692,952             151,973,948 Government of Republic of Indonesia
            Manajemen Kunci                                     140,859                 106,442                     Key Management
                                                            112,833,811             152,080,390


       l.   Simpanan dari bank lain                                            l. Deposits from other banks
                                                           2024                     2023
            Entitas dikendalikan melalui                                                               Entities controlled through the
              Pemerintah Republik Indonesia                   4,164,697               2,705,107 Government of Republic of Indonesia


       m. Efek-efek yang diterbitkan                                           m. Securities issued

                                                           2024                     2023
            BPJS Ketenagakerjaan                                  629,938                  629,800               BPJS Ketenagakerjaan
            Kementerian Keuangan                                                                                     Ministry of Finance
              Republik Indonesia                                  619,938                  719,771        of The Republic of Indonesia
            PT Bank Rakyat                                                                                              PT Bank Rakyat
              Indonesia (Persero) Tbk                             352,030                  116,059            Indonesia (Persero) Tbk
            PT Bahana Pembinaan Usaha                                                                     PT Bahana Pembinaan Usaha
              Indonesia (Persero)                                  85,976                   91,960                Indonesia (Persero)
            DPLK BNI                                               59,982                   59,973                             DPLK BNI
            PT Bank Mandiri (Persero) Tbk                          55,983                   55,975        PT Bank Mandiri (Persero) Tbk
            PT Asabri (Persero)                                    39,996                   39,987                  PT Asabri (Persero)
            PT Reasuransi Indonesia                                                                            PT Reasuransi Indonesia
              Utama (Persero)                                      19,998                   19,994                   Utama (Persero)
            DP BNI                                                 14,995                   14,993                               DP BNI
            PT Pertamina (Persero)                                 12,996                    5,997               PT Pertamina (Persero)
            PT Danareksa (Persero)                                      -                    9,996              PT Danareksa (Persero)

                                                              1,891,832               1,764,505




                                                          Halaman - 233 - Page
1444   Transforming the Future, Empowering Indonesia
Page 844
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                        31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)               (Expressed in millions of Rupiah, unless otherwise stated)

45. TRANSAKSI         DENGAN        PIHAK      BERELASI                45. RELATED PARTY TRANSACTIONS (continued)
    (lanjutan)

    n.   Pinjaman yang diterima                                           n.   Borrowings
                                                     2024                      2023
         PT Bank Mandiri (Persero) Tbk                     1,525,654                  772,307         PT Bank Mandiri (Persero) Tbk
         Kementerian Keuangan                                                                                   Ministry of Finance
           Republik Indonesia                                48,557                    51,861         of The Republic of Indonesia

                                                           1,574,211                  824,168


    o.   Efek-efek subordinasi                                            o.   Subordinated securities

                                                     2024                      2023
         PT Bank Mandiri (Persero) Tbk                        3,218                     3,078         PT Bank Mandiri (Persero) Tbk


    p.   Liabilitas derivatif                                             p.   Derivative payables

                                                     2024                      2023
         PT PLN (Persero)                                    69,964                        80                     PT PLN (Persero)
         PT Bank Mandiri (Persero) Tbk                       37,180                     4,264         PT Bank Mandiri (Persero) Tbk
         PT Pertamina (Persero)                              26,893                   121,447                PT Pertamina (Persero)
         PT Bank Rakyat                                                                                             PT Bank Rakyat
           Indonesia (Persero) Tbk                           20,803                     2,895             Indonesia (Persero) Tbk
         PT Pupuk Indonesia Holding                                                                     PT Pupuk Indonesia Holding
           Company (Persero)                                       -                    7,452                 Company (Persero)

                                                            154,840                   136,138


    q.   Liabilitas akseptasi                                             q.   Acceptance payables

                                                     2024                      2023

         PT Bank Mandiri (Persero) Tbk                      834,268                   893,585         PT Bank Mandiri (Persero) Tbk
         PT Rajawali Nusantara                                                                               PT Rajawali Nusantara
           Indonesia (Persero)                               41,394                         -                 Indonesia (Persero)
         PT Waskita Karya (Persero) Tbk                      18,084                         -        PT Waskita Karya (Persero) Tbk
         PT Semen Indonesia (Persero) Tbk                     7,006                    20,457     PT Semen Indonesia (Persero) Tbk
         PT Wijaya Karya (Persero) Tbk                            3                         -         PT Wijaya Karya (Persero) Tbk
         PT Bank Rakyat                                                                                             PT Bank Rakyat
           Indonesia (Persero) Tbk                                 -                  138,134             Indonesia (Persero) Tbk
         PT Indonesia Asahan                                                                                   PT Indonesia Asahan
           Aluminium (Persero)                                     -                   10,754                 Aluminium (Persero)
         PT Bank Tabungan                                                                                        PT Bank Tabungan
           Negara (Persero) Tbk                                    -                    4,467                Negara (Persero) Tbk
         PT Biro Klasifikasi Indonesia                             -                    2,905           PT Biro Klasifikasi Indonesia
         PT Telkom Indonesia (Persero) Tbk                         -                      298     PT Telkom Indonesia (Persero) Tbk

                                                            900,755              1,070,600




                                                    Halaman - 234 - Page                                    2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                   1445
Page 845
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                       FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                       31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

  45. TRANSAKSI           DENGAN         PIHAK         BERELASI            45. RELATED PARTY TRANSACTIONS (continued)
      (lanjutan)

       r.   Garansi bank yang diterbitkan                                     r.   Bank guarantees issued

                                                          2024                     2023
            PT Pertamina (Persero)                            4,728,735              2,512,652                 PT Pertamina (Persero)
            PT Pupuk Indonesia Holding                                                                   PT Pupuk Indonesia Holding
              Company (Persero)                               3,114,170              2,119,528                   Company (Persero)
            PT Hutama Karya (Persero)                         2,964,796              3,522,061           PT Hutama Karya (Persero)
            PT Bank Mandiri (Persero) Tbk                     1,942,939              1,696,927        PT Bank Mandiri (Persero) Tbk
            PT Wijaya Karya (Persero) Tbk                     1,761,163              1,661,600        PT Wijaya Karya (Persero) Tbk
            PT Adhi Karya (Persero) Tbk                       1,648,980              2,490,682          PT Adhi Karya (Persero) Tbk
            PT Telkom Indonesia (Persero) Tbk                 1,596,544              1,677,400   PT Telkom Indonesia (Persero) Tbk
            PT Danareksa (Persero)                            1,549,760              1,608,943                PT Danareksa (Persero)
            PT Len Industri (Persero)                           781,896                646,521              PT Len Industri (Persero)
            PT Brantas Abipraya (Persero)                       551,718                652,926        PT Brantas Abipraya (Persero)
            PT Pembangunan                                                                                           PT Pembangunan
              Perumahan (Persero) Tbk                            514,688               680,357           Perumahan (Persero) Tbk
            PT PLN (Persero)                                     363,999             1,038,203                       PT PLN (Persero)
            PT Waskita Karya (Persero) Tbk                       301,927               471,088       PT Waskita Karya (Persero) Tbk
            PT Biro Klasifikasi Indonesia (Persero)              164,897               143,017 PT Biro Klasifikasi Indonesia (Persero)
            PT Jasa Marga (Persero) Tbk                          150,375               185,112          PT Jasa Marga (Persero) Tbk
            PT Bank Rakyat                                                                                             PT Bank Rakyat
              Indonesia (Persero) Tbk                             96,802               111,384             Indonesia (Persero) Tbk
            Perum Peruri                                          89,932                 7,456                            Perum Peruri
            PT Semen Indonesia (Persero) Tbk                      72,760                 5,915   PT Semen Indonesia (Persero) Tbk
            PT Pelabuhan Indonesia (Persero)                      62,792                68,938    PT Pelabuhan Indonesia (Persero)
            PT Pengembangan Pariwisata                                                                 PT Pengembangan Pariwisata
              Indonesia ITDC (Persero)                            58,199                53,671           Indonesia ITDC (Persero)
            PT Industri Kereta Api (Persero)                      50,870               614,178       PT Industri Kereta Api (Persero)
            PT Asuransi Tripakarta                                48,287                67,756                  PT Asuransi Tripakarta
            PT Aviasi Pariwisata                                                                                   PT Aviasi Pariwisata
              Indonesia (Persero)                                 45,025                36,719                   Indonesia (Persero)
            PT Bahana Pembinaan Usaha                                                                  PT Bahana Pembinaan Usaha
              Indonesia (Persero)                                 38,019                33,821                   Indonesia (Persero)
            PT Rajawali Nusantara                                                                               PT Rajawali Nusantara
                 Indonesia (Persero)                              36,551               112,136                   Indonesia (Persero)
            PT Virama Karya (Persero)                             35,649                24,120            PT Virama Karya (Persero)
            PT Indra Karya (Persero)                               6,655                 7,358               PT Indra Karya (Persero)
            PT Krakatau Steel (Persero)                            5,249                34,452           PT Krakatau Steel (Persero)
            PT Amarta Karya (Persero)                              2,403                     -            PT Amarta Karya (Persero)
            PT Pos Indonesia (Persero)                             1,701                 1,746           PT Pos Indonesia (Persero)
            PT Barata Indonesia (Persero)                          1,650                13,483         PT Barata Indonesia (Persero)
            Perum Perumnas                                           601                   601                        Perum Perumnas
            PT Industri Telekomunikasi                                                                    PT Industri Telekomunikasi
              Indonesia (Persero)                                   308                      -                   Indonesia (Persero)
            PT Garuda Indonesia (Persero)                           196                  1,066        PT Garuda Indonesia (Persero)
            PT Indonesia Asahan                                                                                   PT Indonesia Asahan
              Aluminium (Persero)                                    76                    222                  Aluminium (Persero)
            PT Bio Farma (Persero)                                   74                    633                PT Bio Farma (Persero)
            PT Djakarta Lloyd (Persero)                               -                 11,460           PT Djakarta Lloyd (Persero)
            Kementerian Keuangan                                                                                    Ministry of Finance
              Republik Indonesia                                       -                 4,206        of The Republic of Indonesia
            PT Pelayaran Nasional                                                                              PT Pelayaran Nasional
              Indonesia (Persero)                                      -                 3,614                   Indonesia (Persero)
            PT Kereta Api Indonesia (Persero)                          -                 1,159    PT Kereta Api Indonesia (Persero)
            PT Yodya Karya (Persero)                                   -                   911             PT Yodya Karya (Persero)
            PT Primissima (Persero)                                    -                    53                PT Primissima (Persero)

                                                             22,790,386             22,324,075




                                                         Halaman - 235 - Page
1446   Transforming the Future, Empowering Indonesia
Page 846
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                        31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)               (Expressed in millions of Rupiah, unless otherwise stated)

45. TRANSAKSI         DENGAN        PIHAK      BERELASI                45. RELATED PARTY TRANSACTIONS (continued)
    (lanjutan)

    s.   Irrevocable Letters of Credit                                    s.   Irrevocable Letters of Credit
                                                     2024                      2023

          PT Pertamina (Persero)                           1,017,057                  853,704                PT Pertamina (Persero)
          PT Industri Kereta Api (Persero)                   573,806                        -        PT Industri Kereta Api (Persero)
          PT Pembangunan                                                                                            PT Pembangunan
           Perumahan (Persero) Tbk                          548,384                   641,546            Perumahan (Persero) Tbk
          PT Pupuk Indonesia Holding                                                                     PT Pupuk Indonesia Holding
           Company (Persero)                                413,435                524,532                     Company (Persero)
          Perum BULOG                                       398,922              8,336,405                            Perum BULOG
          PT Len Industri (Persero)                         337,571                402,481                  PT Len Industri (Persero)
          PT Hutama Karya (Persero)                         185,879                233,435               PT Hutama Karya (Persero)
          PT PLN (Persero)                                  135,576                419,602                          PT PLN (Persero)
          PT Danareksa (Persero)                             91,521                164,632                   PT Danareksa (Persero)
          PT Semen Indonesia (Persero) Tbk                   82,114                 97,909        PT Semen Indonesia (Persero) Tbk
          PT Krakatau Steel (Persero)                        27,117                 93,358               PT Krakatau Steel (Persero)
          PT Wijaya Karya (Persero) Tbk                      22,597                 31,917            PT Wijaya Karya (Persero) Tbk
          Perum Peruri                                       21,665                  5,508                               Perum Peruri
          PT Perkebunan Nusantara III                                                                   PT Perkebunan Nusantara III
           (Persero)                                         11,122                         -                              (Persero)
          PT Adhi Karya (Persero) Tbk                        11,051                   145,884           PT Adhi Karya (Persero) Tbk
          PT Pelayaran Nasional                                                                               PT Pelayaran Nasional
           Indonesia (Persero)                               10,802                         -                     Indonesia (Persero)
          PT Brantas Abipraya (Persero)                      10,256                    21,852         PT Brantas Abipraya (Persero)
          PT Kereta Api Indonesia (Persero)                   8,682                   271,156      PT Kereta Api Indonesia (Persero)
          PT Indonesia Asahan                                                                                   PT Indonesia Asahan
           Aluminium (Persero)                                  792                         -                 Aluminium (Persero)
          Kementerian Keuangan                                                                                     Ministry of Finance
           Republik Indonesia                                      -                   29,003         of The Republic of Indonesia
          PT Rajawali Nusantara                                                                               PT Rajawali Nusantara
           Indonesia (Persero)                                     -                    2,900                  Indonesia (Persero)
                                                           3,908,349            12,275,824


    t.   Fasilitas pinjaman yang belum ditarik                            t.   Unused loan facilities

                                                     2024                      2023
         Kementerian Keuangan                                                                                     Ministry of Finance
           Republik Indonesia                              5,841,173             4,112,175            of The Republic of Indonesia
         PT Telkom Indonesia (Persero) Tbk                 3,687,389                32,635        PT Telkom Indonesia (Persero) Tbk
         PT Pupuk Indonesia Holding                                                                      PT Pupuk Indonesia Holding
           Company (Persero)                               2,713,792             1,264,028                      Company (Persero)
         PT Krakatau Steel (Persero)                       1,208,377             1,155,151               PT Krakatau Steel (Persero)
         PT PLN (Persero)                                  1,014,647                     -                         PT PLN (Persero)
         PT Bank Rakyat                                                                                              PT Bank Rakyat
           Indonesia (Persero) Tbk                          902,905                   521,379              Indonesia (Persero) Tbk
         PT Len Industri (Persero)                          211,191                   288,728               PT Len Industri (Persero)
         Perum BULOG                                        155,218                    11,000                         Perum BULOG
         PT Hutama Karya (Persero)                          152,571                   130,451            PT Hutama Karya (Persero)
         PT Rajawali Nusantara                                                                                PT Rajawali Nusantara
           Indonesia (Persero)                              115,156                    20,955                  Indonesia (Persero)
         Manajemen Kunci                                     61,177                    57,198                       Key Management
         PT Brantas Abipraya (Persero)                       25,000                    25,000         PT Brantas Abipraya (Persero)
         PT Pertamina (Persero)                              19,261                       938                 PT Pertamina (Persero)
         PT Virama Karya (Persero)                           15,556                    22,569             PT Virama Karya (Persero)
         PT Semen Indonesia (Persero) Tbk                    10,226                       641     PT Semen Indonesia (Persero) Tbk
         PT Kereta Api Indonesia (Persero)                    5,206                     7,146      PT Kereta Api Indonesia (Persero)
         PT Indonesia Asahan                                                                                    PT Indonesia Asahan
           Aluminium (Persero)                                5,073                      133                   Aluminium (Persero)
         BPJS Kesehatan                                       5,026                        -                        BPJS Kesehatan
         PT Pelabuhan Indonesia (Persero)                     3,957                      286       PT Pelabuhan Indonesia (Persero)
         PT Bahana Pembinaan Usaha                                                                    PT Bahana Pembinaan Usaha
           Indonesia (Persero)                                3,579                         -                  Indonesia (Persero)




                                                    Halaman - 236 - Page                                    2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                   1447
Page 847
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                             NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                  FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                  31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                     (Expressed in millions of Rupiah, unless otherwise stated)

  45. TRANSAKSI          DENGAN         PIHAK          BERELASI                45. RELATED PARTY TRANSACTIONS (continued)
      (lanjutan)

       t.   Fasilitas pinjaman        yang     belum      ditarik                  t.     Unused loan facilities (continued)
            (lanjutan)

                                                           2024                          2023

            PT Aviasi Pariwisata                                                                                              PT Aviasi Pariwisata
              Indonesia (Persero)                                   2,944                            767                    Indonesia (Persero)
            PT Perkebunan Nusantara III                                                                              PT Perkebunan Nusantara III
              (Persero)                                             2,188                            646                              (Persero)
            PT Pembangunan                                                                                                      PT Pembangunan
              Perumahan (Persero) Tbk                               1,934                           2,406             Perumahan (Persero) Tbk
            Perum Peruri                                            1,711                              89                           Perum Peruri
            PT Danareksa (Persero)                                  1,277                          50,000                PT Danareksa (Persero)
            PT Bio Farma (Persero)                                  1,095                               -                 PT Bio Farma (Persero)
            PT Adhi Karya (Persero) Tbk                               966                               -            PT Adhi Karya (Persero) Tbk
            PT Asuransi Tripakarta                                    961                               -         PT Asuransi Tripakarta (Persero)
            PT Waskita Karya (Persero) Tbk                            821                               -         PT Waskita Karya (Persero) Tbk
            PT Garuda Indonesia (Persero)                             447                           4,751          PT Garuda Indonesia (Persero)
            PT Primissima (Persero)                                   393                               -                PT Primissima (Persero)
            PT Asuransi Jiwasraya (Persero)                           270                               -         PT Asuransi Jiwasraya (Persero)
            PT Djakarta Lloyd (Persero)                                21                               -             PT Djakarta Lloyd (Persero)
            PT Jasa Marga (Persero)                                     -                       1,100,000               PT Jasa Marga (Persero)
            PT Pelayaran Nasional                                                                                          PT Pelayaran Nasional
              Indonesia (Persero)                                          -                     300,000                    Indonesia (Persero)
            PT Pos Indonesia (Persero)                                     -                      95,645              PT Pos Indonesia (Persero)
                                                             16,171,508                      9,204,717


       u.   Gaji dan tunjangan                                                     u.     Salaries and employees’ benefits

                                                                     2024

                                                           Imbalan kerja         Pesangon
                                          Imbalan kerja   jangka panjang        pemutusan
                                         jangka pendek/       lainnya/         kontrak kerja/
                                           short-term        other long-        termination
                                             benefit        term benefit          benefit              Total

            Dewan Komisaris                     32,020            172,380                4,632              209,032          Board of Commissioners
            Direksi                             75,344            403,965               10,685              489,994                Board of Directors
            Komite Audit                         1,430                  -                    -                1,430                 Audit Committee
            SEVP, EVP dan SVP                  261,104             58,016                    -              319,120             SEVP, EVP and SVP

                                               369,898            634,361               15,317         1,019,576



                                                                     2023

                                                           Imbalan kerja         Pesangon
                                          Imbalan kerja   jangka panjang        pemutusan
                                         jangka pendek/       lainnya/         kontrak kerja/
                                           short-term        other long-        termination
                                             benefit        term benefit          benefit              Total

            Dewan Komisaris                     29,412             90,700                4,259              124,371          Board of Commissioners
            Direksi                             70,593            224,301               10,794              305,688                Board of Directors
            Komite Audit                         1,430                  -                    -                1,430                 Audit Committee
            SEVP, EVP dan SVP                  241,192             48,550                    -              289,742             SEVP, EVP and SVP

                                               342,627            363,551               15,053              721,231




                                                          Halaman - 237 - Page
1448   Transforming the Future, Empowering Indonesia
Page 848
                                       PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                          DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                        FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                        31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

45. TRANSAKSI         DENGAN           PIHAK   BERELASI                 45. RELATED PARTY TRANSACTIONS (continued)
    (lanjutan)

    Rincian saldo transaksi dengan pihak-pihak                              The details of balances of transactions with related
    berelasi pada tanggal   31 Desember 2024 dan                            parties as of 31 December 2024 and 2023 are as
    2023 adalah sebagai berikut:                                            follows:

                                                     2024                       2023

    Aset                                                                                                                        Assets
    Giro pada bank lain                                       42,974                   52,254      Current accounts with other banks
    Penempatan pada bank lain                                                                           Placements with other banks
       dan Bank Indonesia                               1,620,191                 1,210,621                     and Bank Indonesia
    Efek-efek                                          10,157,415                11,427,357                      Marketable securities
    Obligasi pemerintah                               126,661,172               125,021,175                        Government bonds
    Wesel ekspor dan tagihan lainnya                    6,208,736                10,085,240                Bills and other receivables
    Tagihan akseptasi                                   2,825,260                 3,158,955                   Acceptance receivables
    Tagihan derivatif                                     341,832                    37,939                      Derivative receivables
    Pinjaman yang diberikan                           159,402,689               126,359,320                                      Loans
    Investasi pada entitas asosiasi                                                                         Investment in associates
       dan penyertaan saham                                13,117,741             11,661,013               and equity investments

    Jumlah aset kepada pihak-pihak
      berelasi                                        320,378,010               289,013,874          Total assets with related parties

    Jumlah aset konsolidasian                        1,129,805,637             1,086,663,986                Total consolidated assets

    Persentase jumlah aset kepada                                                                     Percentage of total assets with
       pihak-pihak berelasi terhadap                                                                        related parties to total
       jumlah aset konsolidasian                               28.4%                   26.6%                  consolidated assets


    Liabilitas                                                                                                            Liabilities
    Simpanan nasabah                                  112,833,811               152,080,390                 Deposits from customers
    Simpanan dari bank lain                             4,164,697                 2,705,107                Deposits from other banks
    Efek-efek yang diterbitkan                          1,891,832                 1,764,505                         Securities issued
    Pinjaman yang diterima                              1,574,211                   824,168                              Borrowings
    Efek-efek subordinasi                                   3,218                     3,078                  Subordinated securities
    Liabilitas derivatif                                  154,840                   136,138                     Derivative payables
    Liabilitas akseptasi                                  900,755                 1,070,600                    Acceptance payables

    Jumlah liabilitas kepada
      pihak-pihak berelasi                            121,523,364               158,583,986        Total liabilities with related parties



    Jumlah liabilitas konsolidasian                   962,619,084               931,931,466               Total consolidated liabilities


    Persentase jumlah liabilitas kepada                                                             Percentage of total liabilities with
       pihak-pihak berelasi terhadap                                                                        related parties to total
       jumlah liabilitas konsolidasian                         12.6%                   17.0%                consolidated liabilities



46. INFORMASI SEGMEN                                                    46. SEGMENT INFORMATION

    Grup menerapkan Konsep 3 Dimensi untuk                                  The Group applies the 3 Dimensional Concept for
    penilaian kinerja secara internal yaitu Dimensi                         internal   performance    assessment,      namely
    Segmen, Dimensi Channel dan Dimensi Produk.                             Segment, Channel and Product Dimensions. For
    Untuk kepentingan pelaporan Segmen, maka                                the purpose of Segment reporting, what is reported
    yang dilaporkan adalah berdasarkan Dimensi                              is based on the Segment Dimension.
    Segmen.




                                                    Halaman - 238 - Page                                    2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                      1449
Page 849
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

 46. INFORMASI SEGMEN (lanjutan)                                    46. SEGMENT INFORMATION (continued)

       Dibawah ini adalah penjelasan mengenai                           Below is an explanation of the reporting of each
       pelaporan   masing-masing  segmen  per                           segment as of 31 December 2024 and 2023:
       31 Desember 2024 dan 2023:

       •   Wholesale     &   International     Banking:                 •     Wholesale      &    International     Banking:
           termasuk pinjaman yang diberikan, simpanan                         including loans, customer deposits and other
           nasabah dan transaksi-transaksi lainnya milik                      transactions     belonging    to      corporate
           nasabah korporasi, baik BUMN dan badan                             customers, both BUMN and private business
           usaha swasta termasuk institusi keuangan dan                       entities including financial institutions and
           nasabah kantor cabang luar negeri.                                 overseas branch customers.

       •   Institutional Banking: termasuk pinjaman                     •     Institutional Banking: including loans,
           yang diberikan, simpanan nasabah dan dan                           customer deposits and other transactions
           transaksi-transaksi lainnya milik nasabah                          belonging to customers of Ministries,
           Kementerian, Lembaga Pemerintah, yayasan                           Government Institutions, foundations and
           dan universitas.                                                   universities.

       •   Enterprises   &    Commercial     Banking:                   •     Enterprises & Commercial Banking :
           termasuk pinjaman yang diberikan, simpanan                         including loans, customer deposits and other
           nasabah dan dan transaksi-transaksi lainnya                        transactions belonging to customers of
           milik     nasabah       dengan        skala                        middle/commercial.
           menengah/komersial.

       •   Retail Banking: termasuk pinjaman yang                       •     Retail Banking: including loans, customer
           diberikan, simpanan nasabah dan transaksi-                         deposits and other transactions belonging to
           transaksi lainnya milik nasabah SME, kredit                        consumer customers including SME, credit
           program dan konsumer termasuk kredit                               program, and consumer financing loans
           pembiayaan      konsumsi    termasuk   kredit                      including home ownership loans, credit cards,
           kepemilikan rumah, kartu kredit serta produk                       other products and services such as third party
           dan jasa lainnya seperti dana pihak ketiga,                        funds, payment transactions and other
           transaksi pembayaran dan transaksi-transaksi                       transactions belonging to customers individual.
           lainnya milik nasabah perorangan.

       •   Treasury: terkait dengan kegiatan treasuri                   •     Treasury: related to the Bank’s treasury
           Bank termasuk transaksi valuta asing, money                        activities   including  foreign      exchange
           market, fixed income dan pasar modal.                              transactions, money market, fixed income, and
                                                                              capital market.

       •   Kantor Pusat: terutama mengelola aset dan                    •     Head Office: mainly manages the Group’s
           liabilitas Grup selain yang telah dikelola oleh                    assets and liabilities in addition to those
           segmen operasi lainnya termasuk menerima                           already managed by other operating segments
           alokasi biaya atas penyediaan jasa servis                          including receiving cost allocation for
           secara sentralisasi kepada segmen lainnya                          centralised service provision to other
           serta pendapatan/biaya yang tidak teralokasi                       segments as well as revenues/costs that are
           ke pelaporan segmen lainnya.                                       not allocated to other segment reporting.

       •   Entitas Anak: seluruh transaksi yang                         •     Subsidiaries: all transactions conducted by
           dilakukan oleh Entitas Anak yang bergerak di                       Subsidiaries engaged in insurance, consumer
           bidang asuransi, pembiayaan konsumen,                              financing, banking, venture capital and
           perbankan, modal ventura dan sekuritas.                            securities.

       Kinerja diukur berdasarkan laba segmen sebelum                   Performance is measured based on segment profit
       pajak penghasilan, sebagaimana dilaporkan dalam                  before income tax, as included in the internal
       laporan internal manajemen yang ditelaah oleh                    management reports that are reviewed by the
       Manajemen Bank. Keuntungan segmen digunakan                      Bank’s Management. Segment profit is used to
       untuk mengukur kinerja dimana manajemen                          measure performance of that business segment as
       berkeyakinan bahwa informasi tersebut paling                     management believes that such information is the
       relevan dalam mengevaluasi hasil segmen tersebut                 most relevant in evaluating the results of those
       relatif terhadap entitas lain yang beroperasi dalam              segments relative to other entities that operate
       industri tersebut.                                               within these industries.



                                                       Halaman - 239 - Page
1450   Transforming the Future, Empowering Indonesia
Page 850
                                                         PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                            DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                                                        NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                                             FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                                             31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                            (Expressed in millions of Rupiah, unless otherwise stated)

46. INFORMASI SEGMEN (lanjutan)                                                                                 46. SEGMENT INFORMATION (continued)

    Informasi yang berkaitan dengan segmen usaha                                                                       Information relating to the Group’s main business
    yang utama dari Grup pada tahun 31 Desember                                                                        segments as of 31 December 2024 and 2023 is
    2024 dan 2023 disajikan dalam tabel di bawah ini:                                                                  presented in the table below:
                                                                                                       2024
                           Wholesale &                           Enterprises &                                                                   Penyesuaian
                           International                          Commercial                                                                         dan
                             Banking/        Institutional         Banking/        Retail                                                         eliminasi/
                           Wholesale &         Banking/          Enterprises &    Banking/                            Kantor                     Adjustment
                           International     Institutional        Commercial       Retail           Treasuri/         Pusat/       Entitas Anak/     and               Konsolidasian/
                             Banking           Banking             Banking        Banking           Treasury        Head Office    Subsidiaries elimination**)         Consolidation
    Pendapatan                                                                                                                                                                                   Interest Income
     Bunga - Bersih*)        10,122,463          2,559,885           5,027,781     20,890,487           887,462                -         990,152              1,975         40,480,205                    - Net*)
    Pendapatan
     Premi - Bersih                      -                   -               -                -                 -              -       1,723,862                (52)         1,723,810 Premium Income - Net
    Pendapatan
     Operasional                                                                                                                                                                                Other Operating
     Lainnya                   4,809,272           138,977           2,783,360     10,331,957         2,066,255       1,687,952          988,617          (495,485)         22,310,905                 Income
    Pembentukan
     Cadangan                                                                                                                                                                                     Allowance for
     Penurunan Nilai           2,073,048            (19,029)        (2,544,728)    (6,698,305)            5,030        (796,695)        (229,883)                  -        (8,210,562)      Impairment Losses
    Beban
     Operasional                                                                                                                                                                                Other Operating
     Lainnya                  (4,466,624)         (977,464)         (2,598,799) (15,288,903)           (213,018)     (3,800,879)      (2,792,025)          449,267         (29,688,445)             expenses
    Laba (Rugi)                                                                                                                                                                               Operating Income
     Operasional             12,538,159          1,702,369           2,667,614      9,235,236         2,745,729      (2,909,622)         680,723           (44,295)         26,615,913                  (Loss)
    Pendapatan
     (Beban) Bukan                                                                                                                                                                              Non Operating
     Operasional -                                                                                                                                                                          Income (Expense)
     Bersih                              -                   -               -                -                 -        85,292         (119,418)            (1,329)           (35,455)                 - Net
    Laba Sebelum
     Pajak                   12,538,159          1,702,369           2,667,614      9,235,236         2,745,729      (2,824,330)         561,305           (45,624)         26,580,458       Income Before Tax

    Beban Pajak                          -                   -               -                -                 -    (4,858,442)          (52,619)                 -        (4,911,061)            Tax Expense

    Laba Bersih              12,538,159          1,702,369           2,667,614      9,235,236         2,745,729      (7,682,772)         508,686           (45,624)         21,669,397               Net Income

    Total aset              462,848,837         42,843,155         114,311,685    249,516,512       214,904,399                -      52,993,895        (7,612,846)     1,129,805,637                 Total asset
    Total liabilitas        240,519,814       126,003,254           61,388,620    419,836,159        78,574,962                -      39,400,245        (3,103,970)       962,619,084             Total liabilities


                                                                                                       2023
                           Wholesale &                           Enterprises &                                                                   Penyesuaian
                           International                          Commercial                                                                         dan
                             Banking/        Institutional         Banking/        Retail                                                         eliminasi/
                           Wholesale &         Banking/          Enterprises &    Banking/                            Kantor                     Adjustment
                           International     Institutional        Commercial       Retail           Treasuri/         Pusat/       Entitas Anak/     and               Konsolidasian/
                             Banking           Banking             Banking        Banking           Treasury        Head Office    Subsidiaries elimination**)         Consolidation
    Pendapatan                                                                                                                                                                                   Interest Income
     Bunga - Bersih*)        11,446,981          1,821,300           5,906,465     20,113,753         1,381,170                -         631,793           (25,789)         41,275,673                    - Net*)
    Pendapatan
     Premi - Bersih                      -                   -               -                -                 -              -       1,659,301                   -         1,659,301 Premium Income - Net
    Pendapatan
     Operasional                                                                                                                                                                                Other Operating
     Lainnya                   4,615,372           119,494           2,097,474      9,889,645         1,300,476       1,458,900          871,994          (540,926)         19,812,429                 Income
    Pembentukan
     Cadangan                                                                                                                                                                                     Allowance for
     Penurunan Nilai             475,060            18,027          (2,554,956)    (6,523,155)            4,723        (490,611)        (125,490)                  -        (9,196,402)      Impairment Losses
    Beban
     Operasional                                                                                                                                                                                Other Operating
     Lainnya                  (4,880,168)         (905,945)         (3,049,512) (13,586,703)           (341,513)     (3,039,442)      (2,443,353)          468,971         (27,777,665)             expenses
    Laba (Rugi)                                                                                                                                                                               Operating Income
     Operasional             11,657,245          1,052,876           2,399,471      9,893,540         2,344,856      (2,071,153)         594,245           (97,744)         25,773,336                  (Loss)
    Pendapatan
     (Beban) Bukan                                                                                                                                                                              Non Operating
     Operasional –                                                                                                                                                                          Income (Expense)
     Bersih                              -                   -               -                -                 -       (21,236)        (111,153)            (1,209)          (133,598)                 - Net
    Laba Sebelum
     Pajak                   11,657,245          1,052,876           2,399,471      9,893,540         2,344,856      (2,092,389)         483,092           (98,953)         25,639,738       Income Before Tax

    Beban Pajak                          -                   -               -                -                 -    (4,471,401)          (62,109)                 -        (4,533,510)            Tax Expense

    Laba Bersih              11,657,245          1,052,876           2,399,471      9,893,540         2,344,856      (6,563,790)         420,983           (98,953)         21,106,228               Net Income

    Total aset              408,673,828         18,535,540         122,112,729    246,767,432       252,636,198                -      46,283,112        (8,344,853)     1,086,663,986                 Total asset
    Total liabilitas        270,141,046       144,998,599           58,257,384    380,439,627        48,958,503                -      32,940,170        (3,803,863)       931,931,466             Total liabilities

      *)    termasuk komponen internal transfer pricing antar segmen operasi                                           *) Includes components of internal transfer pricing between operating segment
      **)    termasuk eliminasi internal transfer pricing atau reklasifikasi antar segmen operasi                      **) Includes elimination of internal transfer pricing or reclassification between operating
             dan eliminasi terhadap entitas anak                                                                           segment and elimination of subsidiaries




                                                                                    Halaman - 240 - Page                                                        2024 Annual Report
                                                                                                                                              PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                                                               1451
Page 851
                                            PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                               DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                 NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                      FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                      31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                           (Expressed in millions of Rupiah, unless otherwise stated)

  46. INFORMASI SEGMEN (lanjutan)                                                  46. SEGMENT INFORMATION (continued)

       Informasi yang berkaitan dengan segmen geografis                                  Information concerning the geographical segments
       BNI dan Entitas Anak disajikan dalam tabel di                                     of BNI and Subsidiaries are set out in the tables
       bawah ini:                                                                        below:

                                                                              2024
                                                                                                    Penyesuaian
                                                                                                    dan eliminasi/
                                                                   Eropa/                          Adjustment and Konsolidasian
                                    Indonesia       New York       Europe             Asia           elimination   /Consolidated

       Pendapatan Bunga - Bersih     39,082,359        310,656       131,855           953,360              1,975       40,480,205          Interest Income - Net
       Pendapatan Premi - Bersih      1,723,862                -              -                -               (52)      1,723,810        Premium Income - Net
       Pendapatan Operasional
         lainnya                     22,055,143         55,224       205,713           490,310           (495,485)      22,310,905       Other Operating Income
       (Pembentukan)/pemulihan
          Cadangan Kerugian                                                                                                                (Allowance)/ Reversal
          Penurunan Nilai             (8,045,756)       14,741        39,908           (219,455)                 -       (8,210,562)   For Impairment Losses
       Beban Operasional Lainnya     (29,023,006)      (198,415)     (229,741)         (686,550)          449,267       (29,688,445)   Other Operating Expenses


       Laba Operasional              25,792,602        182,206       147,735           537,665             (44,295)     26,615,913             Operating Income
       Pendapatan/(Beban) Bukan                                                                                                           Non Operating Income/
         Operasional - Bersih            (48,201)         9,611             (18)          4,482             (1,329)         (35,455)        (Expenses) - Net


       Laba Sebelum Beban Pajak      25,744,401        191,817       147,717           542,147             (45,624)     26,580,458 Income Before Tax Expense

       Beban Pajak                    (4,911,061)              -              -                -                 -       (4,911,061)               Tax Expense

       Laba Bersih                                                                                                      21,669,397                   Net Income

       Total aset                  1,022,444,178     21,338,584    15,819,954        77,875,767        (7,672,846)    1,129,805,637                 Total assets

       Total liabilitas             849,866,678      21,495,924    15,985,094        78,375,360         (3,103,972)    962,619,084                Total liabilities




                                                                              2023
                                                                                                    Penyesuaian
                                                                                                    dan eliminasi/
                                                                   Eropa/                          Adjustment and Konsolidasian
                                    Indonesia       New York       Europe             Asia           elimination   /Consolidated

       Pendapatan Bunga - Bersih     40,234,359        351,958        86,419           628,726             (25,789)     41,275,673          Interest Income - Net
       Pendapatan Premi - Bersih      1,659,301                -              -                -                 -       1,659,301        Premium Income - Net
       Pendapatan Operasional
         lainnya                     19,742,487         40,524       179,927           390,417           (540,926)      19,812,429       Other Operating Income
       (Pembentukan)/pemulihan
          Cadangan Kerugian                                                                                                                (Allowance)/ Reversal
          Penurunan Nilai             (9,141,600)       20,295        (23,101)          (51,996)                -        (9,196,402)   For Impairment Losses
       Beban Operasional Lainnya     (27,140,368)      (286,850)     (194,887)         (624,531)          468,971       (27,777,665)   Other Operating Expenses


       Laba Operasional              25,354,179        125,927        48,358           342,616             (97,744)     25,773,336             Operating Income
       Pendapatan/(Beban) Bukan                                                                                                           Non Operating Income/
         Operasional - Bersih          (131,043)           (365)       (1,684)               703            (1,209)        (133,598)        (Expenses) - Net


       Laba Sebelum Beban Pajak      25,223,136        125,562        46,674           343,319             (98,953)     25,639,738 Income Before Tax Expense

       Beban Pajak                    (4,533,510)              -              -                -                 -       (4,533,510)               Tax Expense

       Laba Bersih                                                                                                      21,106,228                   Net Income

       Total aset                   995,000,675      24,964,345    10,199,820        64,843,999        (8,344,853)    1,086,663,986                 Total assets

       Total liabilitas             834,842,015      25,143,135    10,351,738        65,398,441         (3,803,863)    931,931,466                Total liabilities




                                                               Halaman - 241 - Page
1452   Transforming the Future, Empowering Indonesia
Page 852
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

47. MANAJEMEN RISIKO                                             47. RISK MANAGEMENT

    Untuk mengantisipasi tantangan ekonomi domestik                  To anticipate domestic and global economic
    maupun global serta peningkatan eksposur risiko                  challenges and also increase risk exposures faced
    yang dihadapi oleh BNI, dibutuhkan suatu sistem                  by BNI, an effective and integrated risk and capital
    pengelolaan risiko dan permodalan yang efektif                   management system is needed, which is able to
    dan terintegrasi, yang mampu mendukung                           support the achievement and growth of sustainable
    pencapaian dan pertumbuhan kinerja secara                        performance while enhancing the competitiveness
    berkelanjutan sekaligus meningkatkan daya saing                  of the Bank.
    Bank.

    Risiko adalah potensi kerugian akibat terjadinya                 Risk is the potential loss due to certain events. Risk
    suatu peristiwa tertentu. Risiko dalam konteks                   in the banking context is a potential event, either an
    perbankan merupakan suatu kejadian potensial,                    expected or an unexpected that has a negative
    baik yang diperkirakan (expected) maupun yang                    impact on bank income and capital of the Bank.
    tidak diperkirakan (unexpected) yang berdampak
    negatif terhadap pendapatan dan permodalan
    Bank.

    Manajemen      risiko  merupakan     serangkaian                 Risk management is a set of methodologies and
    metodologi dan prosedur yang digunakan untuk                     procedures used to identify, measure, monitor, or
    mengidentifikasi, mengukur, memantau, dan                        control the risks arising from the entire Bank’s
    mengendalikan risiko yang timbul dari seluruh                    business activities, including the efforts to mitigate
    kegiatan usaha Bank, termasuk upaya untuk                        and/or minimise financial or non-financial losses
    memitigasi dan/atau meminimalkan kerugian                        that may arise from products or activities of the
    finansial maupun non-finansial yang mungkin                      Bank, the relationship between the Bank and its
    timbul dari produk atau aktivitas Bank, hubungan                 customer and also within the internal Bank.
    antara Bank dengan nasabah maupun dalam
    internal Bank.

    Informasi tambahan manajemen risiko yang                         The     following additional    information    risk
    merupakan informasi yang disyaratkan oleh                        management that is required by applicable
    regulasi yang berlaku dan bukan/tidak merupakan                  regulations and is not required by Indonesian
    informasi yang dipersyaratkan oleh Standar                       Accounting Standards is disclosed in Note 59l.
    Akuntansi Indonesia diungkapkan pada Catatan
    59l.

    Penerapan Manajemen Risiko didasari oleh                         The Risk Management implementation is based on
    kebutuhan akan keseimbangan fungsi bisnis                        the need to maintain balance between the business
    dengan pengelolaan risiko, dimana Manajemen                      functions with the risk management, where Risk
    Risiko menjadi strategic partner dari Unit Bisnis                Management becoming a strategic partner for the
    untuk mengoptimalkan pendapatan dari Unit Bisnis                 Business Unit to optimise the revenue from the
    secara keseluruhan.                                              Business Unit as a whole.

    Dalam rangka penerapan Manajemen Risiko yang                     In order to implement effective Risk Management,
    efektif, baik untuk BNI secara individu maupun                   both for BNI individually and as a Consolidated and
    secara Konsolidasi dan Terintegrasi dengan Entitas               Integrated subsidiaries, the application of risk
    Anak, penerapan manajemen risiko dilakukan                       management is done through 4 (four) pillars of risk
    melalui 4 (empat) pilar penerapan manajemen                      management: (i) Active control from board of
    risiko yaitu: (i) Pengawasan aktif direksi dan dewan             directors and board of commissioners; (ii) The
    komisaris; (ii) Kecukupan kebijakan, dan prosedur                adequacy of policies and risk management
    manajemen risiko serta penetapan limit risiko; (iii)             procedures and, ie. risk limit determination; (iii) The
    Kecukupan proses identifikasi, pengukuran,                       adequacy of identification process, measurement,
    pemantauan, dan pengendalian risiko serta Sistem                 monitoring, and risk control and Risk Management
    Informasi Manajemen Risiko; dan (iv) Sistem                      Information Systems; and (iv) Overall internal
    pengendalian internal yang menyeluruh.                           control systems.

    Penerapan manajemen risiko di BNI secara umum                    Implementation of risk management in BNI is
    terangkum dalam kerangka manajemen risiko.                       undertaken within the risk management framework.
    Kerangka manajemen risiko ini dituangkan dalam                   This risk management framework is outlined in the
    kebijakan,      prosedur,     limit-limit transaksi,             policies, procedures, transaction limits, authorities
    kewenangan dan ketentuan lain serta diaplikasikan                and other regulations as well as being applied in
    dalam perangkat manajemen risiko, yang berlaku                   the risk management tools, which is applicable in
    di seluruh lingkup aktivitas usaha.                              the whole scope of business activities.


                                                    Halaman - 242 - Page                             2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1453
Page 853
                                         PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                            DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                     FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                     31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                (Expressed in millions of Rupiah, unless otherwise stated)

  47. MANAJEMEN RISIKO (lanjutan)                                        47. RISK MANAGEMENT (continued)

       Secara berkala dilakukan evaluasi terhadap                            Periodic evaluation is applied to risk management
       kebijakan dan prosedur manajemen risiko agar                          policies and procedures to ensure it reflects the
       sesuai dengan perkembangan bisnis dan                                 Bank’s current business and regulations.
       perubahan regulasi.

       Sebagai bagian dari Strategi Manajemen Risiko,                        As part of the Risk Management Strategy, BNI
       BNI menetapkan Risk Appetite Statement (RAS).                         establishes a Risk Appetite Statement (RAS). RAS
       RAS merupakan jenis dan tingkat risiko yang                           is the type and level of risk that a Bank can
       sanggup diambil/dihadapi Bank yang berada dalam                       take/face within its risk capacity in order to achieve
       kapasitas risiko yang dimiliki dalam rangka                           business objectives. The BNI Risk Appetite
       mencapai tujuan bisnis. Adapun Risk Appetite                          Statement is as follows:
       Statement BNI sebagai berikut:

            Risk                                                                  Risk
                                Risk Appetite Statement                                              Risk Appetite Statement
          Appetite                                                              Appetite
        Permodalan       Memelihara modal sesuai dengan                       Capital          Maintaining capital according to the
                         tingkat risiko dan di-review secara                                   level of risk and reviewed periodically.
                         periodik.
        Rentabilitas     Memelihara       rentabilitas      secara            Rentability      Maintain sustainable profitability in the
                         berkesinambungan        dalam      jangka                             long term to support capital growth
                         panjang         untuk        mendukung                                and bank performance.
                         pertumbuhan permodalan dan kinerja
                         bank.
        Risiko Kredit    a. Memelihara pertumbuhan kredit                     Credit Risk      a. Maintaining quality credit growth
                            yang berkualitas fokus pada sektor                                     focusing on priority sectors.
                            prioritas. Pemberian kredit kepada                                     Lending to the industrial sector
                            sektor industri dan kegiatan usaha                                     and high-risk business activities is
                            berisiko tinggi dilakukan dengan                                       carried out very carefully and
                            sangat hati-hati dan selektif.                                         selectively.
                         b. Mengelola risiko konsentrasi pada                                  b. Manage concentration risk at a
                            level yang menghasilkan return                                         level that generates optimum
                            optimum.                                                               returns.
                         c. Meningkatkan kualitas kredit dan                                   c. Improving credit quality and
                            efektivitas    pengelolaan        kredit                               effectiveness in managing non-
                            bermasalah.                                                            performing loans.
        Risiko Pasar     Memelihara tingkat Risiko Pasar                      Market Risk      Maintaining the level of Market Risk in
                         sesuai ketentuan dengan tetap                                         accordance with regulations while
                         memperhatikan pencapaian target                                       taking into account the achievement of
                         bisnis.                                                               business targets.
        Risiko           Memelihara ketersediaan likuiditas                   Liquidity Risk   Maintaining the availability of liquidity
        Likuiditas       sesuai ketentuan dengan tetap                                         in accordance with the provisions by
                         memperhatikan pencapaian target                                       taking into account the achievement of
                         bisnis.                                                               business targets.
        Risiko           a. Intolerance pada internal fraud.                  Operational      a. Intolerance to internal fraud.
        Operasional      b. Integritas sepenuhnya terintegrasi                Risk             b. Integrity is fully integrated into all
                            ke      dalam      semua        proses                                 decision-making and planning
                            pengambilan       keputusan         dan                                processes.
                            perencanaan.
                         c. Bank memiliki risk appetite yang                                   c. Bank has a low risk appetite for
                            rendah atas risiko operasional                                        operational risks so it needs
                            sehingga perlu perbaikan terus                                        continuous improvement in the
                            menerus       terhadap         Kualitas                               Quality of Risk Identification and
                            Identifikasi   dan      Pengendalian                                  Control.
                            Risiko.
                         d. Manajemen risiko yang kuat untuk                                   d. Strong risk management for
                            keberlangsungan layanan IT.                                           continuity of IT services.
                         e. Menjaga implementasi proyek IT                                     e. Maintain the implementation of IT
                            sesuai jadwal yang telah ditetapkan.                                  projects      according     to      a
                                                                                                  predetermined schedule.
                         f. Business Continuity Management                                     f. Strong      Business       Continuity
                            (BCM)      yang     kuat    untuk                                     Management (BCM) to minimise
                            meminimalkan dampak external                                          the impact of external events on
                            event terhadap SDM, layanan dan                                       HR, BNI services and assets.
                            aset BNI.
        Risiko           Meminimalisir potensi kerugian akibat                Legal Risk       Minimizing potential losses due to
        Hukum            permasalahan hukum dalam kegiatan                                     legal issues in BNI's business
                         usaha BNI.                                                            activities.




                                                            Halaman - 243 - Page
1454   Transforming the Future, Empowering Indonesia
Page 854
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

47. MANAJEMEN RISIKO (lanjutan)                                  47. RISK MANAGEMENT (continued)

    Sebagai bagian dari Strategi Manajemen Risiko,                   As part of the Risk Management Strategy, BNI
    BNI menetapkan Risk Appetite Statement (RAS).                    establishes a Risk Appetite Statement (RAS). RAS
    RAS merupakan jenis dan tingkat risiko yang                      is the type and level of risk that a Bank can
    sanggup diambil/dihadapi Bank yang berada dalam                  take/face within its risk capacity in order to achieve
    kapasitas risiko yang dimiliki dalam rangka                      business objectives. The BNI Risk Appetite
    mencapai tujuan bisnis. Adapun Risk Appetite                     Statement is as follows: (continued)
    Statement BNI sebagai berikut: (lanjutan)

             Risk                                                          Risk
                           Risk Appetite Statement                                           Risk Appetite Statement
       Appetite                                                         Appetite
     Risiko          a. Menghasilkan pendapatan yang                  Strategic       a. Generate sustainable income with
     Stratejik          berkelanjutan dengan risiko yang              Risk               manageable risk.
                        terjaga.
                     b. Memelihara kecukupan permodalan                               b. Maintaining capital adequacy that
                        berada di atas ketentuan minimum                                 is above the minimum regulatory
                        regulator dan memenuhi kebutuhan                                 requirements and meets needs
                        saat normal maupun krisis.                                       during normal and crisis times.
                     c. Menjaga     kinerja  bisnis  yang                             c. Maintain sustainable business
                        berkelanjutan dengan risiko yang                                 performance with controlled risks.
                        terjaga.
                     d. Menjaga Tingkat Kesehatan Bank                                d. Maintaining the Bank's Health
                        minimal pada predikat Sehat.                                      Level at a minimum of the Healthy
                                                                                          predicate.
     Risiko          Meminimalisir secara berkelanjutan               Compliance      Minimising on an ongoing basis fines
     Kepatuhan       denda dari Regulator sehingga                    Risk            from Regulators so that they decrease
                     menurun dari waktu ke waktu.                                     over time.
     Risiko          a. Menjaga     rating    BNI    tetap            Reputation      a. Maintaining     BNI's    investment
     Reputasi           investment grade.                             Risk                grade rating.
                     b. Meningkatkan kepercayaan dan                                  b. Increase     trust   and    positive
                        persepsi positif melalui Customer                                 perceptions through Customer
                        Journey      untuk     mendukung                                  Journey to support business
                        pertumbuhan bisnis.                                               growth.


    Agar penerapan manajemen risiko dapat berjalan                   Risk Governance is formed to enforce the
    secara efektif, BNI menyusun Risk Governance                     effectiveness of risk management implementation,
    sebagai bagian dari sistem Tata Kelola                           and as a part of Corporate Governance system,
    Perusahaan (Corporate Governance) yang fokus                     which focuses on structure, process and approach
    pada struktur, proses dan pendekatan pengelolaan                 to risk management in achieving the business
    risiko dalam upaya pencapaian tujuan bisnis.                     goals.

    Inisiatif dan langkah-langkah penyempurnaan telah                Initiatives and corrective actions have been taken
    dilakukan untuk meletakkan landasan yang kuat                    to build a solid foundation for BNI’s risk
    dalam manajemen risiko di BNI yang mencakup                      management, covering aspect of organization,
    aspek-aspek organisasi, strategi, sistem informasi               strategies, information system and operations, and
    dan operasi, serta pengembangan sumber daya                      human capital. BNI has taken some anticipatory
    manusia. BNI juga telah melakukan langkah-                       actions related to humanity and personal aspects
    langkah antisipatif yang menyentuh aspek humanis                 of each individual of BNI by implementing risk
    dan personal setiap individu BNI, yaitu dengan                   culture enhancement to build a strong risk culture
    membangun budaya risiko yang kuat yang                           that is part of the BNI’s company culture. BNI
    merupakan bagian dari budaya perusahaan BNI.                     constantly strives to improve employee’s risk
    BNI terus berupaya untuk meningkatkan budaya                     culture in order to create a strong risk culture.
    risiko segenap insan BNI agar tercipta budaya
    risiko yang kuat.

    Terkait dengan produk atau aktivitas baru yang                   Related to new product or activity, a
    akan diterbitkan, penilaian yang komprehensif                    comprehensive assessment for each of inherent
    dilakukan terhadap risiko yang melekat pada                      risk in those new product or activity is done to
    produk atau aktivitas baru untuk memastikan                      ensure the potential risk that may occur is
    bahwa potensi risiko yang mungkin timbul telah                   mitigated.
    dimitigasi dengan baik.

    Pengelolaan risiko kredit, risiko likuiditas, risiko             The management of BNI’s credit, liquidity, market
    pasar dan operasional BNI sebagaimana diuraikan                  and operational risks, as described in Notes 48 to
    pada Catatan 48 sampai dengan Catatan 51                         51 are consistent with Regulator’s definition
    adalah sesuai dengan definisi dari Regulator (tidak              (unaudited).
    diaudit).



                                                    Halaman - 244 - Page                             2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1455
Page 855
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  48. RISIKO KREDIT                                                 48. CREDIT RISK

       Pengelolaan kredit Bank diarahkan untuk                          The Bank’s loan management is aimed to support
       melakukan ekspansi kredit dan mengelola kualitas                 the loan expansion and to manage the quality of
       setiap kredit sejak saat diberikan sampai dengan                 each loan from the time the loan was granted until
       dilunasi oleh debitur dan untuk mencegah kredit                  the loan is fully repaid by the debtors and to
       tersebut menjadi kredit bermasalah (Non-                         prevent the loan becoming a Non-Performing Loan
       Performing Loan/NPL). Pengelolaan kredit yang                    (NPL). Effective loan management is intended to
       efektif dapat meminimalkan kerugian dan                          minimise the risk of losses and optimise the use of
       mengoptimalkan       penggunaan     modal   yang                 capital allocated for credit risk.
       dialokasikan untuk risiko kredit.

       Pengelolaan risiko kredit BNI selain bertujuan                   The purpose of BNI’s credit risk management other
       untuk memenuhi persyaratan yang ditetapkan oleh                  than to comply with Regulatory requirement is to
       Regulator, juga untuk meminimalkan kemungkinan                   minimise the possible losses resulting from the
       kerugian yang timbul akibat debitur gagal                        debtors’ failure to pay credit facility and other
       memenuhi kewajibannya atas fasilitas kredit yang                 financial contracts at the minimum level, both on
       diberikan dan kontrak keuangan lainnya, baik pada                the individual and loan portfolio level.
       tingkat individu debitur maupun portofolio kredit
       secara keseluruhan.

       BNI telah memiliki kebijakan dan prosedur                        BNI already has loan policies and procedures for
       perkreditan serta kebijakan manajemen risiko kredit              credit and credit risk management that was
       yang diputuskan melalui forum Komite Kebijakan                   decided in the Credit Policy Committee (KKP),
       Perkreditan (KKP), Komite Prosedur Perkreditan                   Credit Procedures Committee (KPP), Risks
       (KPP), Komite Manajemen Risiko dan Anti Fraud                    Management and Anti Fraud Committee sub
       sub Komite Manajemen Risiko (KRA-RMC) yang                       division of Risk Management (KRA-RMC)
       beranggotakan Direksi dan beberapa anggota                       consisting of Board of Directors and several
       manajemen senior serta Rapat Direksi (Radisi)                    members of senior management and also Board of
       serta disetujui oleh Dewan Komisaris. Kebijakan                  Directors meetings and approved by Board of
       Perkreditan Bank disetujui oleh Dewan Komisaris                  Commissioner. Bank Credit Policies is approved by
       dan ditinjau paling lama setiap 3 (tiga) tahun sekali.           Board of Commissioner and reviewed at least once
       Selanjutnya kebijakan dan prosedur tersebut                      in 3 (three) years. These policies and procedures
       dituangkan dalam Pedoman Perusahaan (PP)                         are written in the Credit Company Guidelines (PP)
       Perkreditan dan Pedoman Perusahaan Manajemen                     and Credit Risk Management Company Guidelines.
       Risiko Kredit.

       Pedoman        Perusahaan        (PP) Perkreditan                These Credit Company Guidelines (PP) provide
       memberikan pedoman secara lengkap dan                            complete and detailed guidance on loan
       terperinci atas kegiatan manajemen kredit dari saat              management activities from loan proposal, analysis
       pengajuan kredit, proses analisis, persetujuan,                  process, approval, monitoring, documentation,
       pemantauan, pendokumentasian, pengendalian,                      controls, restructuring and the settlements of non-
       penyelamatan/restrukturisasi dan penyelesaian                    performing loans, so that credit quality can be
       kredit bermasalah, sehingga kualitas kredit dapat                maintained by taking into account the business
       terjaga dengan tetap memperhatikan target bisnis                 targets set (unaudited).
       yang ditetapkan (tidak diaudit).

       Dalam rangka mendukung proses pemberian kredit                   To support a prudent loan granting process, BNI
       yang lebih hati-hati, BNI melakukan penelaahan                   conducts periodic reviews and enhances its loan
       dan penyempurnaan kebijakan perkreditan dan                      and credit risk management policies in line with
       kebijakan manajemen risiko kredit secara periodik                current business developments.
       sesuai dengan perkembangan bisnis terkini.




                                                       Halaman - 245 - Page
1456   Transforming the Future, Empowering Indonesia
Page 856
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

48. RISIKO KREDIT (lanjutan)                                     48. CREDIT RISK (continued)

    Pengelolaan risiko kredit diterapkan pada tingkat                Credit risk management is implemented both at the
    individu dan tingkat portofolio. Pada tingkat individu           individual and portfolio level. At the individual level,
    pinjaman untuk kredit produktif, setiap usulan                   for productive loans, each loan granting proposal is
    pemberian kredit dilakukan melalui proses analisis               made through a process of analysis by the
    kredit oleh Unit Bisnis dan ditinjau oleh unit risiko            Business Unit and reviewed by the credit risk unit.
    kredit. Mekanisme proses persetujuan kredit                      The credit approval process mechanism is through
    dilakukan melalui rapat Komite Kredit. Komite                    a Credit Committee meeting. The Credit Committee
    Kredit merupakan      lembaga      pemutus      kredit           constitutes the decision maker for credit approval,
    yang beranggotakan pemutus dari Unit Bisnis                      which consists of representatives from Business
    dan Unit Risiko Bisnis, dengan demikian proses                   Units and the Credit Risk Unit, so that the loan
    pemberian kredit menjadi lebih komprehensif dan                  granting process becomes more comprehensive
    hati-hati.                                                       and prudent.

    Untuk mempercepat proses ekspansi bisnis                         To accelerate the process of business expansion in
    segmen kecil, fungsi pemasaran dan proses                        small segment, the marketing and credit analysis
    analisa kredit dilakukan oleh Relationship Manager               process function is performed by the Relationship
    yang berada di bawah Unit Bisnis yaitu dengan                    Manager under the Business Unit by conducting
    melakukan analisa bisnis dan analisa risiko serta                business analysis and risk analysis as well as
    memberikan mitigasi risiko yang diperlukan                       providing risk mitigation against the proposed
    terhadap calon debitur yang diusulkan.                           debtor candidates.

    Adapun untuk segmen menengah dan korporasi                       As for the middle and corporate segment these are
    dilakukan oleh Relationship Manager dan Business                 performed by Relationship Managers and Business
    Analyst yang berada di Unit Bisnis dengan tugas                  Analyst who are in the Business Unit and have the
    memproses usulan dari calon debitur, sementara                   task of processing the proposals from prospective
    analisis dan review risiko calon debitur di segmen               debtors, while the analysis and risk review of
    Korporasi dan Menengah dilakukan oleh fungsi                     prospective debtors in the Corporate and Middle
    Credit Risk Manager yang berada di bawah Unit                    segment are performed by Credit Risk Manager
    Risiko.                                                          who is under the Risk Unit.

    Penerapan four eyes principles dalam proses                      The application of four eyes principles in the
    perkreditan di BNI diimplementasikan dalam proses                lending process at BNI is implemented in the credit
    persetujuan kredit yang dilakukan melalui Komite                 approval process through Credit Committees, that
    Kredit, yaitu forum bersama pejabat pemutus kredit               is a forum of credit decision makers who have the
    yang mempunyai wewenang memutus kredit yang                      authority to approve the credit in accordance with
    diusulkan sesuai dengan limit yang ditetapkan.                   the specified limit. The members of the Credit
    Anggota Komite Kredit terdiri dari pejabat unit                  Committee consist of business unit officers and
    bisnis dan unit risiko bisnis. Dengan demikian                   business risk unit officers. Thus the process of
    proses      pemberian     kredit  menjadi    lebih               granting credit becomes more comprehensive and
    komprehensif dan hati-hati.                                      prudent.

    Unit bisnis dan unit risiko bisnis berperan sebagai              Business units and business risk units act as first
    first line of defense (risk owner) yang bertugas                 line of defense (risk owner) in charge of managing
    mengelola dan mengendalikan risiko kredit pada                   and controlling credit risk in daily operations of the
    kegiatan operasional harian unit tersebut.                       unit.

    Proses analisis dan persetujuan kredit dilakukan                 Loan analysis and approval process is conducted
    melalui serangkaian proses penilaian tingkat risiko              through several assessment processes of the
    kredit calon debitur, yang diantaranya dengan                    applicant’s credit risks, i.e. through internal rating
    menggunakan internal rating system (untuk kredit                 system (for productive loans) and credit scoring on
    produktif) dan credit scoring pada decision engine               the iDEAS decision engine which has been
    iDEAS yang telah terintegrasi dengan Loan                        integrated with Loan Origination System (for
    Origination System (untuk kredit konsumtif dan                   consumer loans and productive retail loans up to
    kredit produktif segmen ritel sampai dengan Rp5                  IDR5 billion), followed by the related risk mitigation
    miliar), sekaligus juga strategi mitigasi risikonya.             strategy. The results of the credit analysis and risk
    Hasil proses analisis dan penilaian tingkat risiko               assessment process will be forwarded to the Credit
    kredit kemudian diajukan kepada Komite Kredit                    Committee for approval.
    untuk mendapatkan persetujuan.




                                                    Halaman - 246 - Page                             2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1457
Page 857
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  48. RISIKO KREDIT (lanjutan)                                      48. CREDIT RISK (continued)

       Kredit yang bermasalah dikelola oleh Divisi                      Non-performing loan is managed by Corporate
       Corporate Remedial & Recovery untuk segmen                       Remedial & Recovery Division for corporate
       Korporasi, Divisi Enterprise & Commercial                        segment, Enterprise & Commercial Remedial &
       Remedial & Recovery untuk segmen Enterprise,                     Recovery Division for Enterprise, Commercial &
       Komersial dan Ritel produktif serta Divisi Retail                productive Retail and Retail Collection & Recovery
       Collection & Recovery untuk segmen Konsumer                      Division for Consumer and Program segment, to
       dan Program, agar penyelamatan/penyelesaian                      ensure better credit recovery and settlement, and
       kredit dapat dilakukan secara lebih baik dan                     to enable the Business Unit to focus on the
       memampukan Unit Usaha untuk dapat fokus pada                     management of performing debtors and loan
       pengelolaan debitur lancar dan melakukan                         expansion.
       ekspansi kredit.

       Untuk menjaga agar portofolio Bank tidak                         To prevent the Bank portfolio from being
       terkonsentrasi pada debitur dan sektor ekonomi                   concentrated to certain debtors and economic
       tertentu, maka telah ditetapkan pembatasan kredit                sectors, credit restrictions have been set according
       sesuai     risk   appetite,   sedangkan    untuk                 to the risk appetite, while to anticipate exceeding
       mengantisipasi pelampauan BMPK BNI telah                         the Legal Lending Limit, BNI has set limits on the
       menetapkan limit BMPK yang disebut house limit                   Maximum Limit of Credit License called House
       dengan batas yang lebih prudent dibandingkan limit               Limit with a more prudent limit than the limit of
       BMPK sesuai ketentuan regulator.                                 Maximum Credit Granting in accordance with the
                                                                        provisions of the regulator.

       Untuk mengatur komposisi portofolio pinjaman BNI,                To manage the composition of BNI loan portfolio,
       setiap tahun sekali ditetapkan batas maksimum                    the loan exposure limit is determined annually to
       pinjaman (Loan Exposure Limit) yang bertujuan                    diversify loan portfolio among different industry
       untuk mendiversifikasi         portofolio pinjaman               sectors and industry sub sector in order to optimise
       berdasarkan sektor industri dan sub sektor industri              return regarding risk in each sector and to reduce
       untuk mengoptimalkan pendapatan dengan                           concentration risk. In the determination of optimal
       mempertimbangkan risiko di masing-masing sektor                  concentration in industry sectors, the Bank has
       industri serta mengurangi risiko konsentrasi. Dalam              developed a method of Credit Portfolio
       penentuan konsentrasi tiap sektor industri yang                  Optimisation (CPO) by calculating the correlation of
       optimal, Bank mengembangkan metode Credit                        risk return from each industry sectors. Furthermore,
       Portfolio      Optimisation      (CPO)      dengan               the Bank monitors the status of the space available
       memperhitungkan korelasi risk-return dari tiap                   based on Loan Exposure Limit (LEL) periodically.
       sektor industri. Selanjutnya Bank memonitor status
       kelonggaran ekspansi pinjaman (space available)
       secara periodik berdasarkan Loan Exposure Limit
       (LEL).

       Pengembangan manajemen risiko kredit dilakukan                   The development of credit risk management is
       secara bertahap sesuai dengan kerangka kerja                     conducted in stages, and in line with the framework
       yang ditetapkan Otoritas Jasa Keuangan. Sejak                    set by Financial Service Authority. As of 1 January
       1 Januari 2023, BNI telah mengimplementasikan                    2023, BNI has implemented the calculation of
       perhitungan   ATMR     Risiko    Kredit dengan                   Credit Risk Weighted Assets using the standard
       pendekatan      Standar       sesuai    SEOJK                    approach         according         to        SEOJK
       No.24/SEOJK.03/2021 tentang Perhitungan Aset                     No.24/SEOJK.03/2021 concerning Calculation of
       Tertimbang Menurut Risiko Untuk Risiko Kredit                    Risk Weighted Assets for Credit Risk Using a
       Dengan Menggunakan Pendekatan Standar Bagi                       Standard Approach for Commercial Banks
       Bank Umum (tidak diaudit).                                       (unaudited).

       Sebagai bagian dari pengukuran risiko kredit dan                 As part of the measurement of credit risk and to
       untuk mengantisipasi terjadinya perubahan faktor                 anticipate the occurrence of macro-factors changes
       makro yang berpengaruh pada Bank, BNI secara                     affecting the Bank, BNI periodically performs stress
       berkala melakukan stress testing risiko kredit untuk             testing of credit risk to assess changes in loan
       menilai   perubahan     portofolio    kredit    dan              portfolio and its impact to the Bank and the Bank’s
       pengaruhnya bagi Bank serta kemampuan Bank                       ability to face such condition.
       menghadapi kondisi tersebut.




                                                       Halaman - 247 - Page
1458   Transforming the Future, Empowering Indonesia
Page 858
                                                PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                   DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                    FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                        (Expressed in millions of Rupiah, unless otherwise stated)

48. RISIKO KREDIT (lanjutan)                                                                   48. CREDIT RISK (continued)

    (i)   Eksposur maksimum risiko kredit.                                                         (i)        Maximum exposure of the credit risk.

          Eksposur risiko kredit terhadap aset-bersih                                                         Credit risk exposures relating to the assets-net
          sesudah cadangan kerugian penurunan nilai                                                           of allowance for impairment losses on the
          pada laporan posisi keuangan konsolidasian                                                          consolidated statement of financial position as
          pada tanggal-tanggal 31 Desember 2024 dan                                                           of 31 December 2024 and 2023 are as
          2023 adalah sebagai berikut:                                                                        follows:

                                                                            Eksposur maksimum/
                                                                             Maximum exposure
                         Keterangan                                      2024                       2023                                      Description

          Giro pada Bank Indonesia                                        51,669,054                 65,256,432                Current accounts with Bank Indonesia
          Giro pada bank lain                                             22,074,173                 35,022,762                   Current accounts with other banks
          Penempatan pada bank lain dan                                                                                                 Placements with other banks
            Bank Indonesia                                                17,075,441                 43,794,166                                and Bank Indonesia
          Efek-efek                                                                                                                              Marketable securities
            - Nilai wajar melalui laporan laba rugi                       23,959,614                     9,759,264              Fair value through profit or loss -
            - Nilai wajar melalui penghasilan                                                                                            Fair value through other -
               komprehensif lain                                          24,181,607                 27,039,672                         comprehensive income
            - Biaya perolehan diamortisasi                                   387,017                    361,374                                   Amortised cost -
          Efek-efek yang dibeli                                                                                                          Securities purchased under
            dengan janji dijual kembali                                   7,971,923                 13,951,344                                  agreement to resell
          Wesel ekspor dan tagihan lainnya                               13,243,026                 18,998,994                             Bills and other receivables
          Tagihan akseptasi                                              15,925,521                 17,091,194                                Acceptance receivables
          Pinjaman yang diberikan                                       737,187,258                647,926,638                                                   Loans
          Obligasi Pemerintah                                                                                                                      Government Bonds
            - Nilai wajar melalui laba rugi                                 3,957,073                    4,187,772               Fair value through profit or loss -
            - Nilai wajar melalui penghasilan                                                                                           Fair value through other -
               komprehensif lain                                          90,900,188                 86,547,352                           comprehensive income
            - Biaya perolehan diamortisasi                                37,207,067                 36,361,761                                   Amortised cost -
          Aset lain-lain - bersih*)                                        9,165,837                 11,044,503                                    Other assets - net*)

                                                                      1,054,904,799               1,017,343,228

          *)   Aset lain-lain - bersih terdiri dari piutang bunga, piutang terkait transaksi             *)     Other assets - net consist of interest receivables, receivables
               ATM dan kartu kredit, piutang lain-lain dan piutang nasabah - Entitas                            from transactions related to ATM and credit card, other
               anak.                                                                                            receivables and receivables from customers - Subsidiary.


          Eksposur risiko kredit terhadap rekening                                                        Credit risk exposures relating to consolidated
          administratif konsolidasian pada tanggal-                                                       administrative   accounts     ítems   as    of
          tanggal 31 Desember 2024 dan 2023 adalah                                                        31 December 2024 and 2023 are as follows:
          sebagai berikut:

                                                                            Eksposur maksimum/
                                                                             Maximum exposure
                         Keterangan                                      2024                       2023                                      Description

          Fasilitas kredit kepada debitur
             yang belum digunakan                                         57,552,807                 55,883,261                                    Unused loan facilities
          Irrevocable letters of credit yang                                                                                                     Outstanding irrevocable
             masih berjalan                                                9,952,660                 16,854,306                                        letters of credit
          Garansi yang diterbitkan                                        73,450,980                 66,777,131                                      Guarantees issued

                                                                         140,956,447               139,514,698




                                                                       Halaman - 248 - Page                                               2024 Annual Report
                                                                                                                        PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                             1459
Page 859
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  48. RISIKO KREDIT (lanjutan)                                      48. CREDIT RISK (continued)

       (i)   Eksposur maksimum risiko kredit (lanjutan)                 (i)   Maximum exposure         of   the   credit   risk
                                                                              (continued)

             Tabel di atas menggambarkan eksposur                             The table above represents credit risk
             maksimum atas risiko kredit bagi Grup pada                       exposures of the Group as of 31 December
             tanggal 31 Desember 2024 dan 2023. Untuk                         2024 and 2023. For assets on the
             aset    pada    laporan    posisi   keuangan                     consolidated statement of financial position,
             konsolidasian, eksposur di atas ditentukan                       the exposures set out above are based on net
             berdasarkan nilai tercatat bersih seperti yang                   carrying value as reported in the consolidated
             diungkapkan pada laporan posisi keuangan                         statement of financial position.
             konsolidasian.

             Pada tanggal 31 Desember 2024 dan 2023,                          As of 31 December 2024 and 2023, the total
             masing-masing sebesar 69.88% dan 63,65%                          maximum credit risk exposure toward asset in
             adalah   jumlah    eksposur risiko  kredit                       the consolidated statement of financial position
             maksimum terhadap aset pada laporan posisi                       from loans is 69.88% and 63.65%,
             keuangan konsolidasian yang berasal dari                         respectively.
             pinjaman yang diberikan.

             Manajemen yakin akan kemampuan Bank                              Management is confident in its ability to control
             untuk    mengendalikan     dan    memelihara                     and sustain exposure of credit risk to the Bank
             eksposur risiko kredit yang berasal dari kredit                  resulting from its loans based on the following:
             yang diberikan, berdasarkan hal-hal sebagai
             berikut:

             •   Proses peningkatan pengelolaan kredit                        •   The process of improving credit
                 secara         berkelanjutan        melalui                      management in a sustainable manner by
                 penyempurnaan end to end credit                                  improving end to end credit process,
                 process,       pengembangan          produk                      product development credit organization
                 penyempurnaan organisasi perkreditan,                            improvement,         credit        capability
                 peningkatan kemampuan SDM di bidang                              improvement of human resources and
                 perkreditan       dan      pengembangan                          development of technology based for
                 perangkat kredit berbasis teknologi.                             credit application.
             •   BNI telah memiliki pedoman tertulis                          •   BNI has documented credit policies and
                 mengenai kebijakan dan proses kredit                             manual procedures that cover all aspects
                 yang mencakup seluruh aspek pemberian                            of the Bank’s lending activities. Each loan
                 kredit yang dilakukan. Setiap pemberian                          transaction     must    adhere      to   the
                 kredit harus senantiasa mengacu pada                             requirements of the Bank’s policy.
                 kebijakan tersebut.
             •   BNI telah menetapkan risk appetite dan                       •   BNI has set risk appetite and risk
                 risk tolerance yang selaras dengan                               tolerance in accordance with the Bank’s
                 sasaran strategis Bank, yang digunakan                           strategic objectives, which are used as a
                 sebagai acuan tingkat risiko yang akan                           reference level of risk to be taken by the
                 diambil Bank dalam pencapaian sasaran                            Bank in achieving business goals.
                 bisnis.
             •   BNI telah melakukan stress test risiko                       •   BNI has performed stress test on credit
                 kredit untuk menilai kemampuan Bank                              risk to assess the ability of the Bank to
                 bertahan dalam kondisi tidak normal serta                        stay in the abnormal condition and as an
                 sebagai      alat   untuk     pengambilan                        instrument for decision making for the
                 keputusan Bank.                                                  Bank.
             •   BNI telah memiliki sistem deteksi dini                       •   BNI has an early problem detection
                 permasalahan melalui ”early warning                              system through “early warning system”
                 system” dan pemantauan yang disiplin.                            and disciplined monitoring.
             •   Seluruh kredit diberikan dengan agunan                       •   All loans are secured by collaterals,
                 kecuali untuk jenis kredit tertentu seperti                      except for certain loans such as credit
                 kartu kredit, personal loans dan fasilitas                       cards, personal loans and interbank loans.
                 antar bank.




                                                       Halaman - 249 - Page
1460   Transforming the Future, Empowering Indonesia
Page 860
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                    FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

48. RISIKO KREDIT (lanjutan)                                       48. CREDIT RISK (continued)

    (ii) Analisa eksposur maksimum terhadap risiko                      (ii) Analysis of maximum exposure to credit risk
         kredit setelah memperhitungkan dampak                               after taking into account the impact of
         agunan dan mitigasi risiko kredit lainnya                           collateral and other credit risk mitigation

         BNI menentukan struktur kredit termasuk                                BNI sets loan structure for every debtor
         penentuan covenant yang tepat sesuai                                   through appropriate covenants that aligns with
         kebutuhan dan kondisi debitur, sehingga kredit                         debtor needs and condition. This is to ensure
         yang diberikan benar-benar efektif dan                                 the debtor uses the loan according to its
         menguntungkan bagi debitur maupun Bank.                                original purpose so that the Bank and the
         Jenis agunan yang yang dimiliki oleh Bank                              debtor’s interests are fulfilled. Collateral types
         adalah kas, deposito, agunan yang diikat                               held by the Bank are cash, deposits, registered
         dengan hipotik dan hak tanggungan, garansi/                            mortgages, guarantees and other registered
         penjaminan pihak ketiga (termasuk penjaminan                           securities over assets. Estimates of fair value
         kredit oleh perusahaan asuransi) serta jaminan                         of collaterals held by the Bank is based on the
         dalam bentuk aset lainnya. Perkiraan nilai                             value of collaterals assessed internally or
         wajar dari agunan yang digunakan oleh Bank                             externally by the independent appraisers.
         didasarkan pada nilai agunan yang dinilai oleh
         penilai internal maupun eksternal.

         Ketentuan coverage atau kecukupan agunan                               The collateral coverage criteria for each
         untuk tiap segmen ditentukan sebagai berikut:                          segment is divided as follows: (unaudited)
         (tidak diaudit)

                                                                                                   Jumlah Coverage Minimal /
                Segmen/Segment                        Jenis Agunan/Collateral
                                                                                                   Minimum Coverage Amount
                                         Aset tetap/Fixed Asset
                                         Kas/Cash
                                         Standby letter of credit (“SBLC”)
                   Korporasi/            Tanah dan Bangunan/Land and Building                    100% dari limit kredit/from credit
                   Wholesale             Piutang/Receivable                                                    limit
                                         Kendaraan/Vehicle
                                         Agunan lain yang diterima oleh Bank/Other
                                         collaterals held by the Bank
                                         Aset tetap/Fixed Asset
                                         Kas/Cash
                                         SBLC
                   Menengah/             Tanah dan Bangunan/Land and Building                    125% dari limit kredit/from credit
                    Middle               Piutang/Receivable                                                    limit
                                         Kendaraan/Vehicle
                                         Agunan lain yang diterima oleh Bank/Other
                                         collaterals held by the Bank
                                         Aset tetap/Fixed Asset
                                                                                                 110% dari limit kredit/from credit
                   Kecil/Retail          Kas/Cash
                                                                                                               limit
                                         SBLC


         Nilai tercatat dari aset keuangan bank selain                          The carrying amounts of financial assets other
         kredit yang diberikan dan efek-efek yang dibeli                        than bank loans and securities purchased
         dengan janji dijual kembali pada umumnya                               under agreements to resell is generally equal
         menggambarkan eksposur maksimum atas                                   to the maximum exposure of credit risk.
         risiko kredit.




                                                    Halaman - 250 - Page                                   2024 Annual Report
                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                      1461
Page 861
                                                            PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                               DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                                                         NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                                                              FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                                                              31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                           (Expressed in millions of Rupiah, unless otherwise stated)

  48. RISIKO KREDIT (lanjutan)                                                                                     48. CREDIT RISK (continued)

       (ii) Analisa eksposur maksimum terhadap risiko                                                                    (ii) Analysis of maximum exposure to credit risk
            kredit setelah memperhitungkan dampak                                                                             after taking into account the impact of
            agunan dan mitigasi risiko kredit lainnya                                                                         collateral and other credit risk mitigation.
            (lanjutan)                                                                                                        (continued)

           Tabel di bawah ini menunjukkan eksposur                                                                                  The table below shows the net maximum
           maksimum bersih atas risiko kredit untuk efek-                                                                           exposure to credit risk on securities purchased
           efek yang dibeli dengan janji dijual kembali                                                                             under agreements to resell on 31 December
           pada tanggal-tanggal 31 Desember 2024 dan                                                                                2024 and 2023:
           2023:

                                                                                                              2024
                                                                            Eksposur
                                                                           maksimum/                     Agunan/                   Eksposur Bersih/
                                                                            Maximum                      Collateral                 Net Exposure
                              Keterangan                                    exposure                                                                                                Description

           Efek-efek yang dibeli dengan janji                                                                                                                   Securities purchased under agreements
              dijual kembali                                                        7,971,923                     8,226,650                    (254,727)                                    to resell

                                                                                                          2023
                                                                            Eksposur
                                                                           maksimum/                     Agunan/                    Eksposur Neto/
                                                                           Maximum                       Collateral                  Net Exposure
                              Keterangan                                    exposure                                                                                                Description

           Efek-efek yang dibeli dengan janji                                                                                                                   Securities purchased under agreements
              dijual kembali                                                      13,951,344                  14,102,758                       (151,414)                                    to resell

       (iii) Informasi kualitas kredit atas aset keuangan                                                                (iii) The information on the credit quality of
             per tanggal 31 Desember 2024 dan 2023                                                                             financial assets as of 31 December 2024 and
             sebagai berikut:                                                                                                  2023 are as follows:

                                                                                                              2024
                                               Belum jatuh tempo atau tidak mengalami penurunan nilai/                               Jatuh tempo
                                                             Neither past due nor impaired                                             dan tidak
                                                                                                                                      mengalami
                                                                                                                                      penurunan
                                                                                                                                         nilai/  Mengalami
                                                                                                                                       Past-due  penurunan
                                            Grup 1/           Grup 2/            Grup 3/           Grup 4/           Grup 5/            but not     nilai/
                                            Group 1           Group 2            Group 3           Group 4           Group 5           impaired   Impaired                  Total

           Giro pada                                                                                                                                                                       Current accounts with
            Bank Indonesia                              -     51,669,054                     -                -                -                   -                -     51,669,054           Bank Indonesia
                                                                                                                                                                                           Current accounts with
           Giro pada bank lain                -               22,074,186                     -                -                -                   -                -     22,074,186               other banks
           Penempatan pada                                                                                                                                                                      Placements with
            bank lain dan                                                                                                                                                                     other banks and
            Bank Indonesia            3,439,474               13,636,161                     -                -                -                   -             -        17,075,635           Bank Indonesia
           Efek-efek                 23,030,204               25,187,153                     -                -                -                   -       316,989        48,534,346       Marketable securities
           Efek-efek yang dibeli                                                                                                                                                           Securities purchased
            dengan janji                                                                                                                                                                    under agreements
            dijual kembali            7,281,260                  690,663                     -                -                -                   -                -      7,971,923                    to resell
           Wesel ekspor dan                                                                                                                                                                       Bills and other
            tagihan lainnya           4,216,205                9,079,649                  -                   -             -                    -                  -     13,295,854               receivables
           Tagihan akseptasi            147,257               10,682,441          3,815,368               -         1,321,400               52,304                  -     16,018,770     Acceptance receivables
           Pinjaman yang diberikan                                                                                                                                                                          Loans
            Modal kerja              24,151,410             313,967,462           9,949,258          135,707 23,209,245                18,612,263        9,745,230       399,770,575           Working capital
            Investasi                 6,695,321             108,089,121           4,522,200           30,826  6,926,294                 2,764,903        2,594,234       131,622,899                Investment
            Konsumen                 15,313,455             110,549,579           9,333,575          668,108  2,467,561                 3,261,194        2,866,799       144,460,271                 Consumer
            Sindikasi                   811,737              89,539,671             136,379                -  1,700,791                 4,912,686           19,846        97,121,110                Syndicated
             Karyawan                     7,840               2,726,811             105,998           10,944      1,091                    14,892           26,695         2,894,271                 Employee
             Program Pemerintah               -                   2,652                   -                -           -                        -                -             2,652     Government programs
           Obligasi Pemerintah        7,948,761             124,122,808                   -                -            -                       -                -       132,071,569         Government Bonds
           Aset lain-lain – bersih*)          -               9,165,837                   -                -           -                        -                -         9,165,837        Other assets – net*)

           Total                           93,042,924       891,183,248         27,862,778           845,585 35,626,382                29,618,242       15,569,793 1,093,748,952                               Total

           Cadangan kerugian                                                                                                                                                                        Allowance for
            penurunan nilai                                                                                                                                               (38,834,065)        impairment losses

           Bersih                                                                                                                                                       1,054,914,887                            Net


            *)      Aset lain-lain - bersih terdiri dari piutang bunga, piutang terkait transaksi ATM,                  *)         Other assets – net consist of interest receivables, receivables from transactions
                    piutang lain-lain dan kartu kredit dan piutang nasabah - Entitas anak.                                         related to ATM and credit card, other receivables and receivables from customers -
                                                                                                                                   Subsidiary.




                                                                                     Halaman - 251 - Page
1462   Transforming the Future, Empowering Indonesia
Page 862
                                                               PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                                  DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                                                    FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                (Expressed in millions of Rupiah, unless otherwise stated)

48. RISIKO KREDIT (lanjutan)                                                                                           48. CREDIT RISK (continued)

    (iii) Informasi kualitas kredit atas aset keuangan                                                                     (iii) The information on the credit quality of
          per tanggal 31 Desember 2024 dan 2023                                                                                  financial assets as of 31 December 2024 and
          sebagai berikut: (lanjutan)                                                                                            2023 are as follows: (continued)
                                                                                                                   2023
                                                  Belum jatuh tempo atau tidak mengalami penurunan nilai/                              Jatuh tempo
                                                                Neither past due nor impaired                                            dan tidak
                                                                                                                                        mengalami
                                                                                                                                        penurunan
                                                                                                                                           nilai/  Mengalami
                                                                                                                                         Past-due  penurunan
                                               Grup 1/           Grup 2/            Grup 3/           Grup 4/           Grup 5/           but not     nilai/
                                               Group 1           Group 2            Group 3           Group 4           Group 5          impaired   Impaired                 Total

             Giro pada                                                                                                                                                                      Current accounts with
              Bank Indonesia                               -    65,256,432                      -                  -              -                  -               -     65,256,432           Bank Indonesia
                                                                                                                                                                                            Current accounts with
         Giro pada bank lain                -                   35,022,769                      -                  -              -                  -               -     35,022,769               other banks
         Penempatan pada                                                                                                                                                                         Placements with
          bank lain dan                                                                                                                                                                        other banks and
          Bank Indonesia           40,378,216                    3,416,048                      -                  -              -                  -              -      43,794,264           Bank Indonesia
         Efek-efek                  9,458,882                   27,706,008                      -                  -              -                  -        242,790      37,407,680       Marketable securities
         Efek-efek yang dibeli                                                                                                                                                              Securities purchased
          dengan janji                                                                                                                                                                       under agreements
          dijual kembali            8,770,692                     5,180,652                     -                  -              -                  -               -     13,951,344                    to resell
         Wesel ekspor dan                                                                                                                                                                          Bills and other
          tagihan lainnya           5,656,544                   13,620,951                   -                     -           -                     -               -     19,277,495               receivables
         Tagihan akseptasi            133,917                   15,598,617             251,132                     -   1,585,009                     -               -     17,568,675     Acceptance receivables
         Pinjaman yang diberikan                                                                                                                                                                             Loans
          Modal kerja              18,408,118                  270,735,291           7,445,718          67,725 26,475,606                  21,084,484       8,669,019     352,885,961           Working capital
          Investasi                 5,306,583                   90,546,012           3,977,560          37,227  9,524,570                   4,252,563       3,970,994     117,615,509                Investment
          Konsumen                 13,541,275                   92,995,563           9,237,358         364,107  2,543,918                   2,553,524       2,081,269     123,317,014                 Consumer
          Sindikasi                 1,842,840                   85,184,057           2,855,292               -  1,702,494                   5,995,634          19,846      97,600,163                Syndicated
           Karyawan                     3,380                    3,364,755             150,610           4,973      2,046                      14,555          94,423       3,634,742                 Employee
           Program Pemerintah               -                       31,380                   -               -           -                          -               -          31,380     Government programs
         Obligasi Pemerintah        9,572,999                  117,527,370                   -               -            -                         -               -     127,100,369         Government Bonds
         Aset lain-lain – bersih*)          -                   11,701,003                   -               -           -                          -               -      11,701,003        Other assets – net*)

             Total                          113,073,446        837,886,908         23,917,670          474,032 41,833,643                  33,900,760      15,078,341 1,066,164,800                          Total

             Cadangan kerugian                                                                                                                                                                      Allowance for
              penurunan nilai                                                                                                                                              (48,158,663)       impairment losses

             Bersih                                                                                                                                                      1,018,006,137                         Net

        *)           Aset lain-lain – bersih terdiri dari piutang bunga, piutang terkait transaksi ATM dan kartu                      *)     Other assets – net consist of interest receivables, receivables from
                     kredit dan piutang lain-lain.                                                                                           transactions related to ATM and credit card and other receivables.


             Pengelompokkan kualitas kredit atas aset                                                                                 The credit quality classifications of financial
             keuangan berdasarkan kebijakan internal Grup                                                                             assets based on the Group's internal policies
             adalah sebagai berikut:                                                                                                  are as follows:

             -   Grup 1 : Debitur baru (kurang dari 6 bulan).                                                                         -      Group 1 : New customers (less than 6
                                                                                                                                             months).

             -   Grup 2 : Nasabah lama yang tidak memiliki                                                                            -      Group 2 : Existing customers with                                no
                 historis pernah menunggak dalam 3 tahun                                                                                     history of overdue for the past 3 years.
                 terakhir.

         -       Grup 3 : Nasabah lama yang memiliki                                                                                  -      Group 3 : Existing customers with history
                 historis pernah menunggak (dibawah                                                                                          of overdue below 90 days in the past
                 90 hari) dalam 3 tahun terakhir.                                                                                            3 years.

             -   Grup 4 : Nasabah lama yang memiliki                                                                                  -      Group 4 : Existing customers with history
                 historis pernah menunggak diatas 90 hari                                                                                    of default more than 90 days in the past
                 dalam 3 tahun terakhir.                                                                                                     3 years.

             -   Grup 5 : Nasabah lama yang pinjamannya                                                                               -      Group 5 : Existing customers with loans
                 pernah/telah direstrukturisasi.                                                                                             that was/has been restructured.




                                                                                        Halaman - 252 - Page                                                               2024 Annual Report
                                                                                                                                                         PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                                                               1463
Page 863
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                          31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)

  48. RISIKO KREDIT (lanjutan)                                              48. CREDIT RISK (continued)

       (iv) Analisis umur pinjaman yang jatuh tempo                                (iv) The aging analysis of past due but not
            tetapi tidak mengalami penurunan nilai pada                                 impaired loans as 31 December 2024 and
            tanggal 31 Desember 2024 dan 2023:                                          2023:
                                                                         2024
                                      Kurang dari                               Lebih dari
                                        30 hari/        31 sampai                60 hari/
                                       Less than          60 hari/              More than
                                        30 days        31 to 60 days             60 days             Total

           Modal kerja                      432,936          1,522,980             16,656,347        18,612,263              Working capital
           Investasi                         45,311              9,800              2,709,792         2,764,903                 Investment
           Konsumen                         150,284            640,029              2,470,881         3,261,194                  Consumer
           Sindikasi                              -                  -              4,912,686         4,912,686                 Syndicated
           Karyawan                               1                  -                 14,891            14,892                  Employee

           Total                            628,532          2,172,809             26,764,597        29,565,938                        Total
           Cadangan kerugian                                                                                                   Allowance for
             penurunan nilai               (234,532)          (312,537)           (15,886,181)      (16,433,250)        impairment losses

           Bersih                           394,000          1,860,272             10,878,416        13,132,688                         Net



                                                                         2023
                                      Kurang dari                               Lebih dari
                                        30 hari/        31 sampai                60 hari/
                                       Less than          60 hari/              More than
                                        30 days        31 to 60 days             60 days             Total

           Modal kerja                      754,109           505,625              19,824,750        21,084,484              Working capital
           Investasi                         41,080            40,932               4,170,551         4,252,563                 Investment
           Konsumen                          35,764           546,984               1,970,776         2,553,524                  Consumer
           Sindikasi                              -                 -               5,995,634         5,995,634                 Syndicated
           Karyawan                             127                 4                  14,424            14,555                  Employee

           Total                            831,080          1,093,545             31,976,135        33,900,760                        Total
           Cadangan kerugian                                                                                                   Allowance for
             penurunan nilai               (432,039)          (220,420)           (20,884,338)      (21,536,797)        impairment losses

           Bersih                           399,041           873,125              11,091,797        12,363,963                         Net



       (v) Konsentrasi     risiko   aset       keuangan                            (v) Concentration of risks of consolidated financial
           konsolidasian dengan eksposur risiko kredit                                 assets with credit risk exposure

           Tabel      berikut    menggambarkan      rincian                             The following table provides details of the
           eksposur kredit Grup pada nilai tercatat (tanpa                              Group’s credit exposures at their carrying
           memperhitungkan agunan atau pendukung                                        amounts (without taking into account any
           kredit      lainnya),    yang    dikategorikan                               collateral held or other credit support), as
           berdasarkan area geografis pada tanggal-                                     categorised by geographical region as of
           tanggal 31 Desember 2024 dan 2023. Untuk                                     31 December 2024 and 2023. For this table,
           tabel ini, Grup telah mengalokasikan eksposur                                the Group has allocated exposures to the
           area berdasarkan wilayah geografis tempat                                    regions based on the geographical area where
           mereka beroperasi.                                                           activities are undertaken.




                                                       Halaman - 253 - Page
1464   Transforming the Future, Empowering Indonesia
Page 864
                                                   PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                      DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                                 FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                            (Expressed in millions of Rupiah, unless otherwise stated)

48. RISIKO KREDIT (lanjutan)                                                                    48. CREDIT RISK (continued)

    (v) Konsentrasi     risiko  aset     keuangan                                                        (v) Concentration of risks of consolidated financial
        konsolidasian dengan eksposur risiko kredit                                                          assets with credit risk exposure (continued).
        (lanjutan).
                                                                                      2024

                                    Jawa &                                                          Indonesia Timur/         Lain-lain *)/
                                     Bali           Sumatera       Kalimantan        Sulawesi        East Indonesia           Others *)         Total

                                                                                                                                                                        Current accounts with
    Giro pada Bank Indonesia         50,993,488                -                -               -                    -             675,566      51,669,054                 Bank Indonesia
                                                                                                                                                                        Current accounts with
    Giro pada bank lain                8,763,015               5             11                 5                    6          13,311,144      22,074,186                      other banks
    Penempatan pada bank lain                                                                                                                                    Placements with other banks
        dan Bank Indonesia             9,526,846               -                -               -                    -           7,548,789      17,075,635             and Bank Indonesia
    Efek-efek                                                                                                                                                           Marketable securities
        Nilai wajar melalui                                                                                                                                              Fair value through
            laba rugi                 18,495,795               -                -               -                    -           5,463,819      23,959,614                 profit or loss
        Nilai wajar melalui                                                                                                                                              Fair value through
            penghasilan                                                                                                                                           other comprehensive
            komprehesif lain          20,955,867               -                -               -                    -           3,231,575      24,187,442                       income
        Biaya perolehan diamortisasi     300,000               -                -               -                    -              87,290         387,290                  Amortised cost
    Efek-efek yang dibeli dengan                                                                                                                                  Securities purchased under
        janji dijual kembali           6,142,073               -                -               -                    -           1,829,850       7,971,923            agreements to resell
    Wesel ekspor dan tagihan
        lainnya                       13,240,154         18,747          35,783           1,170                   -                      -      13,295,854          Bill and other receivables
    Tagihan akseptasi                 15,507,287         44,821           4,909          88,752                   -                373,001      16,018,770           Acceptance receivables
    Pinjaman yang diberikan          559,740,206     57,676,921      28,278,891      32,063,331           8,043,697             90,068,732     775,871,778                                Loans
    Obligasi pemerintah                                                                                                                                                    Government Bonds
        Nilai wajar melalui                                                                                                                                              Fair value through
            laba rugi                  1,507,795               -                -               -                    -           2,449,278       3,957,073                 profit or loss
        Nilai wajar melalui                                                                                                                                              Fair value through
            penghasilan                                                                                                                                           other comprehensive
            komprehensif lain         68,548,658              -               -               -                   -             22,355,783      90,904,441                       income
        Biaya perolehan diamortisasi 26,615,754               -               -               -                   -             10,594,301      37,210,055                  Amortised cost
    Aset lain-lain - bersih**)         6,212,394        469,693          40,097         632,808               9,926              1,800,919       9,165,837                Other assets - net**)

    Total                           806,549,332      58,210,187      28,359,691      32,786,066           8,053,629            159,790,047   1,093,748,952                               Total

    Cadangan kerugian                                                                                                                                                          Allowance for
       penurunan nilai                                                                                                                         (38,834,065)             impairment losses

    Neto                                                                                                                                     1,054,914,887                                 Net



                                                                                      2023

                                    Jawa &                                                          Indonesia Timur/         Lain-lain *)/
                                     Bali           Sumatera       Kalimantan        Sulawesi        East Indonesia           Others *)         Total

                                                                                                                                                                        Current accounts with
    Giro pada Bank Indonesia         64,306,677                -                -               -                    -             949,755      65,256,432                 Bank Indonesia
                                                                                                                                                                        Current accounts with
    Giro pada bank lain               15,013,952               5             12                 6                        6      20,008,788      35,022,769                      other banks
    Penempatan pada bank lain                                                                                                                                    Placements with other banks
        dan Bank Indonesia            40,360,778               -                -               -                    -           3,433,486      43,794,264             and Bank Indonesia
    Efek-efek                                                                                                                                                           Marketable securities
        Nilai wajar melalui                                                                                                                                              Fair value through
            laba rugi                  2,625,120               -                -               -                    -           7,134,144       9,759,264                 profit or loss
        Nilai wajar melalui                                                                                                                                              Fair value through
            penghasilan                                                                                                                                           other comprehensive
            komprehesif lain          22,972,680               -                -               -                    -           4,071,421      27,044,101                       income
        Biaya perolehan diamortisasi     542,790               -                -               -                    -              61,525         604,315                  Amortised cost
    Efek-efek yang dibeli dengan                                                                                                                                  Securities purchased under
        janji dijual kembali           9,651,897               -                -               -                    -           4,299,447      13,951,344            agreements to resell
    Wesel ekspor dan tagihan
        lainnya                       18,150,430        150,944          54,792          12,906                   -                908,423      19,277,495          Bill and other receivables
    Tagihan akseptasi                 16,737,263        167,267           2,380         287,950                 227                373,588      17,568,675           Acceptance receivables
    Pinjaman yang diberikan          506,284,830     56,532,718      28,431,932      31,610,823           7,869,246             64,355,220     695,084,769                                Loans
    Obligasi pemerintah                                                                                                                                                    Government Bonds
        Nilai wajar melalui                                                                                                                                              Fair value through
            laba rugi                  2,086,261               -                -               -                    -           2,101,511       4,187,772                 profit or loss
        Nilai wajar melalui                                                                                                                                              Fair value through
            penghasilan                                                                                                                                           other comprehensive
            komprehensif lain         68,781,674              -               -               -                   -             17,767,658      86,549,332                       income
        Biaya perolehan diamortisasi 16,335,373               -               -               -                   -             20,027,892      36,363,265                  Amortised cost
    Aset lain-lain - bersih**)         9,514,266        413,927          38,414         386,724              10,971              1,336,701      11,701,003                Other assets - net**)

    Total                           793,363,991      57,264,861      28,527,530      32,298,409           7,880,450            146,829,559   1,066,164,800                               Total

    Cadangan kerugian                                                                                                                                                          Allowance for
       penurunan nilai                                                                                                                         (48,158,663)             impairment losses

    Neto                                                                                                                                     1,018,006,137                                 Net


    *)      Termasuk kantor cabang luar negeri dan Entitas Anak                                                *)            Includes overseas branches and Subsidiaries
    **)     Aset lain-lain – bersih terdiri dari piutang bunga, piutang terkait                                **)           Other assets – net consist of interest receivables, receivables
            transaksi ATM dan kartu kredit, piutang lain-lain, dan piutang nasabah                                           from transactions related to ATM and credit card, other
            - Entitas anak.                                                                                                  receivables, and receivables from customers - Subsidiary.




                                                                        Halaman - 254 - Page                                                          2024 Annual Report
                                                                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                                           1465
Page 865
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  49. RISIKO LIKUIDITAS                                             49. LIQUIDITY RISK

       Risiko likuiditas berhubungan dengan adanya                      Liquidity risk relates to the possibility that the Bank
       kemungkinan Bank tidak mampu untuk memenuhi                      will be unable to meet short-term obligations to
       kewajiban jangka pendek terhadap deposan,                        depositors, investors and creditors, as well as fulfill
       investor dan kreditur, serta pemenuhan giro wajib                Statutory Reserve Requirements due to, among
       minimum (GWM) yang diantaranya disebabkan                        others, limited access to financing or the inability to
       keterbatasan       akses      pendanaan     atau                 liquidate assets at reasonable prices.
       ketidakmampuan untuk melikuidasi aset yang
       dimiliki dengan harga yang wajar.

       Manajemen Risiko Likuiditas dilakukan oleh Divisi                Liquidity Risk Management is carried out by the
       Enterprise Risk Management (ERM),           Divisi               Enterprise Risk Management (ERM), Treasury
       Treasury (TRS), dan Kantor Cabang Luar Negeri.                   Division (TRS), and Branch Offices of Foreign
       Kebijakan dan Prosedur Risiko Likuiditas disusun                 Affairs. Liquidity Risk Policies and Procedures was
       oleh Divisi ERM, selanjutnya dilaksanakan oleh                   prepared by the ERM Division, subsequently
       Divisi TRS dan segenap Kantor Cabang Luar                        implemented by the TRS Division and all Branch
       Negeri, yang diwujudkan dalam manajemen                          Offices of Foreign Affairs, which is manifested in
       strategi likuiditas.                                             the liquidity strategy management.

       Divisi ERM juga melakukan monitoring terhadap                    ERM Division also monitors the implementation of
       pelaksanaan manajemen likuiditas yang dilakukan                  the liquidity management performed by the
       oleh Divisi Treasury tersebut.                                   Treasury Division.

       Divisi ERM menyusun Kebijakan Risiko Likuiditas                  ERM Division prepares Liquidity Risk Policy
       berupa Pedoman Penerapan Manajemen Risiko                        Guidelines in Liquidity Risk Management
       Likuiditas, yang lebih lanjut dijabarkan ke dalam                Implementation Guidelines, which is further
       Prosedur Manajemen Risiko Likuiditas yang berisi                 elaborated into the Liquidity Risk Management
       panduan pelaksanaan manajemen risiko likuiditas,                 Procedures which contains guidelines for liquidity
       antara lain berupa:                                              risk management practices, which include:
       a. Ketersediaan Alat Likuid: Kas, GWM, Secondary                 a. Availability Liquidity Tools: Cash, Statutory
          Reserve, Early Warning Signal (EWS)                              Reserve Requirement, Secondary Reserve,
          Likuiditas, Liquidity Contingency Plan Head                      Early Warning Signal (EWS) for              Liquidity,
          Office maupun Kantor Cabang Luar Negeri;                         Liquidity Contingency Plan Head Office or
                                                                           Branch Office of Foreign Affairs;
       b. Pengukuran Risiko Likuiditas : Rasio Likuiditas,              b. Measurement of Liquidity Risk: Liquidity Ratio,
          Proyeksi Arus Kas, Profil Maturitas, Rasio                       Cash Flow Projection, Maturity Profile, Liquidity
          Kecukupan Likuiditas dan Stress testing;                         Adequacy Ratio and Stress testing;
       c. Pemantauan Risiko Likuiditas;                                 c. Liquidity Risk Monitoring;
       d. Pengendalian Risiko Likuiditas; dan                           d. Liquidity Risk Management;
       e. Penetapan Limit Likuiditas: Pagu Kas Bank Wide                e. Determination of Liquidity Limit: Cash Ceiling
          dan Wilayah (Rupiah dan Valas), Safety Level,                    Bank Wide and Regional Are (Rupiah and
          Limit Profil Maturitas. Pembatasan Kredit Valas                  Valas), Safety Level, Maturity Profile Limit.
          berdasarkan ketersediaan likuiditas valas.                       Credit in Foreign Currency Limit based on the
                                                                           availability of liquidity for Foreign Currency.

       Divisi ERM juga menyusun risk appetite dan risk                  ERM Division also prepares risk appetite and risk
       tolerance Risiko Likuiditas yang selaras dengan                  tolerance for Liquidity Risk in accordance with the
       sasaran strategis Bank, yang digunakan sebagai                   Bank’s strategic objectives, which are used as a
       acuan tingkat risiko yang akan diambil Bank dalam                reference level of risk to be taken by the Bank in
       pencapaian sasaran bisnis.                                       achieving business goals.

       Dalam mengelola likuiditas, selain mengelola                     In managing liquidity, beside addition to managing
       primary reserve (kas dan GWM), BNI menjaga dan                   primary reserve (cash and statutory reserve
       mempertahankan       secondary   reserve  untuk                  requirement), BNI keeps and maintains secondary
       memastikan likuiditas berada pada level yang                     reserve to ensure liquidity is at a safe level. In
       aman. Sebagai antisipasi pemenuhan secondary                     anticipation of fulfilling the ideal secondary reserve,
       reserve    yang    ideal,  BNI    menjaga  dan                   BNI preserves and maintains a tertiary reserve.
       mempertahankan tertiary reserve.




                                                       Halaman - 255 - Page
1466   Transforming the Future, Empowering Indonesia
Page 866
                                                     PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                        DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                             (Expressed in millions of Rupiah, unless otherwise stated)

49. RISIKO LIKUIDITAS (lanjutan)                                                                    49. LIQUIDITY RISK (continued)

    Penetapan dan pemantauan limit, yaitu Safety                                                         The setting and monitoring of limits, i.e. Safety
    Level dan Pembatasan Kredit Valas berdasarkan                                                        Level and Credit Limitation for Foreign Currency
    ketersediaan Likuiditas Valas dilakukan secara                                                       based on the availability of Liquidity for Foreign
    berkala oleh Divisi ERM. Sedangkan ketersediaan                                                      Currency is conducted periodically by the ERM
    atas keseluruhan reserve dipantau secara harian,                                                     Division. While the availability of the whole reserve
    mingguan, dan bulanan oleh Divisi TRS dan Divisi                                                     is monitored daily, weekly, and monthly by the TRS
    ERM.                                                                                                 Division and the ERM Division.

    Tabel di bawah ini menunjukkan sisa jatuh tempo                                                      The table below shows the remaining contractual
    kontraktual dari liabilitas keuangan berdasarkan                                                     maturities of the financial liabilities based on
    undiscounted cash flows.                                                                             undiscounted cash flows.

                                                                                             2024

                                        Kurang dari                                                                     Lebih dari
                                          1 Bulan/             1-3                  3-6              6 - 12             12 Bulan/
                                         Less than            Bulan/               Bulan/           Bulan/              More than
                                          1 Month             Months               Months           Months              12 Months               Total

    LIABILITAS                                                                                                                                                                 LIABILITIES
    Liabilitas segera                       5,514,720                   -                   -                 -                     -          5,514,720        Obligations due immediately
    Simpanan nasabah                      659,303,325          79,978,318          37,378,681        30,280,627             1,583,846        808,524,797           Deposits from customers
    Simpanan dari bank lain                14,395,602           1,443,612           1,262,723         1,414,936                31,591         18,548,464         Deposits from other banks
    Liabilitas derivatif                    1,479,185                   -                   -                 -                     -          1,479,185                 Derivative payables
    Liabilitas akseptasi                      532,009           2,600,816           1,015,831            72,457                 8,372          4,229,485               Acceptance payables
    Efek-efek yang
       diterbitkan                                    -             80,625          4,293,079          246,704             10,637,428          15,257,836                 Securities issued
    Efek-efek yang dijual                                                                                                                                              Securities sold under
       dengan janji dibeli kembali          9,689,028              49,678             136,599           186,278            6,679,566           16,741,149       agreements to repurchase
    Pinjaman yang diterima                  4,223,302           6,501,505          16,280,117        17,127,735            3,464,181           47,596,840                        Borrowings
    Efek-efek subordinasi                           -             358,516                   -         8,406,016           19,101,144           27,865,676            Subordinated securities
    Liabilitas lain-lain*)                 19,641,982                   -                   -                 -                    -           19,641,982                  Other liabilities*)

    Total                                 714,779,153          91,013,070          60,367,030        57,734,753            41,506,128        965,400,134                                 Total

    Total aset lancar **)                 105,169,035           8,036,442           3,603,644         2,649,837          117,141,416         236,600,374               Total liquid assets**)


    KOMITMEN DAN                                                                                                                                                        COMMITMENT AND
        KONTINJENSI                                                                                                                                                     CONTINGENCIES
    Fasilitas kredit kepada
        debitur yang belum
        digunakan                          57,552,807                     -                     -              -                      -        57,552,807              Unused loan facilities
    Irrevocable letters of credit                                                                                                                                    Outstanding irrevocable
        yang masih berjalan                 2,864,725           4,637,284             843,350           368,650             1,238,651           9,952,660                  letters of credit
    Garansi yang diterbitkan               11,336,806           8,350,111           9,944,176        19,245,410            24,574,477          73,450,980                Guarantees issued

    Total                                  71,754,338          12,987,395          10,787,526        19,614,060            25,813,128        140,956,447                                 Total


                                                                                             2023

                                        Kurang dari                                                                     Lebih dari
                                          1 Bulan/             1-3                  3-6              6 - 12             12 Bulan/
                                         Less than            Bulan/               Bulan/           Bulan/              More than
                                          1 Month             Months               Months           Months              12 Months               Total

    LIABILITAS                                                                                                                                                                 LIABILITIES
    Liabilitas segera                       5,294,952                   -                   -                 -                     -          5,294,952        Obligations due immediately
    Simpanan nasabah                      669,126,328          62,871,280          17,190,524        63,410,848               939,977        813,538,957           Deposits from customers
    Simpanan dari bank lain                 8,432,524           1,761,870             607,451         1,042,214                49,929         11,893,988         Deposits from other banks
    Liabilitas derivatif                      810,462                   -                   -                 -                     -            810,462                 Derivative payables
    Liabilitas akseptasi                      216,460           1,059,755             371,901         2,833,350             1,267,081          5,748,547               Acceptance payables
    Efek-efek yang
       diterbitkan                                    -             80,625                 97,750       34,250              5,195,500           5,408,125                 Securities issued
    Efek-efek yang dijual                                                                                                                                              Securities sold under
       dengan janji dibeli kembali                  -              45,959             183,241           782,482            6,457,085            7,468,767       agreements to repurchase
    Pinjaman yang diterima                  2,180,351           3,118,741           1,879,318         9,317,895           17,893,124           34,389,429                        Borrowings
    Efek-efek subordinasi                           -             342,968             342,968           685,936           18,272,775           19,644,647            Subordinated securities
    Liabilitas lain-lain*)                 18,512,179                   -                   -                 -                    -           18,512,179                  Other liabilities*)

    Total                                 704,573,256          69,281,198          20,673,153        78,106,975            50,075,471        922,710,053                                 Total

    Total aset lancar **)                 133,755,042          23,078,513           1,509,876         7,770,428          116,267,177         282,381,036               Total liquid assets**)


    *)      Liabilitas lain-lain terdiri dari utang ke pemegang polis, setoran jaminan,                  *)        Other liabilities consist of obligation to policyholders, guarantee deposits,
            rekening dalam penyelesaian, utang reasuransi dan komisi, serta utang                                  unsettled account, reinsurance payable and commission, and payable to
            nasabah - Entitas Anak.                                                                                customer - Subsidiary.
    **)     Aset lancar terdiri dari kas, giro pada Bank Indonesia, giro pada bank lain,                 **)       Liquid assets consist of cash, current accounts with Bank Indonesia, current
            penempatan pada bank lain dan Bank Indonesia dan Obligasi Pemerintah                                   accounts with other banks, placement with other banks and Bank Indonesia
                                                                                                                   and Government Bonds.




                                                                              Halaman - 256 - Page                                                 2024 Annual Report
                                                                                                                                 PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                                            1467
Page 867
                                                 PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                    DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                               NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                    FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                    31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)

  49. RISIKO LIKUIDITAS (lanjutan)                                                 49. LIQUIDITY RISK (continued)
                                                                            2023

                                       Kurang dari                                               Lebih dari
                                         1 Bulan/      1-3             3-6          6 - 12       12 Bulan/
                                        Less than     Bulan/          Bulan/       Bulan/        More than
                                         1 Month      Months          Months       Months        12 Months         Total
       KOMITMEN DAN                                                                                                               COMMITMENT AND
           KONTINJENSI                                                                                                            CONTINGENCIES
       Fasilitas kredit kepada
           debitur yang belum
           digunakan                     55,883,261            -               -             -                -    55,883,261     Unused loan facilities
       Irrevocable letters of credit                                                                                            Outstanding irrevocable
           yang masih berjalan            6,278,916    7,131,859       1,850,556       930,774        662,201      16,854,306         letters of credit
       Garansi yang diterbitkan          10,774,762    6,876,173       5,998,340    15,338,665     27,789,191      66,777,131       Guarantees issued

       Total                             72,936,939   14,008,032       7,848,896    16,269,439     28,451,392     139,514,698                     Total



       Dalam rangka meningkatkan ketahanan likuiditas,                                  In order to increase liquidity resilience, BNI
       BNI menerapkan perhitungan rasio kecukupan                                       implements Liquidity Coverage Ratio (LCR) and
       likuiditas yaitu Liquidity Coverage Ratio (LCR) dan                              Net Stable Funding Ratio (NSFR) calculations and
       Net Stable Funding Ratio (NSFR) dan mengelola                                    manages requirement of the Liquidity Adequacy
       rasio Kecukupan Likuiditas tersebut sesuai                                       Ratio subject to regulators, either individually
       ketentuan regulator, baik secara individu (Entitas                               (Parent Entity) or consolidated with Subsidiaries
       Induk) maupun konsolidasi dengan Entitas Anak                                    (unaudited).
       (tidak diaudit).
       LCR bertujuan untuk meningkatkan ketahanan                                       LCR aims to improve the Bank’s short-term liquidity
       likuiditas jangka pendek dengan memelihara High                                  resilience by maintaining High Quality Liquid
       Quality Liquid Assets (HQLA) yang memadai untuk                                  Assets (HQLA) to meet liquidity needs over the
       memenuhi kebutuhan likuiditas BNI selama periode                                 next 30 days under stress conditions, while NSFR
       30 hari ke depan dalam kondisi stress, sedangkan                                 aims to reduce liquidity risk related to longer term
       NSFR bertujuan untuk mengurangi risiko likuiditas                                funding sources requiring BNI to fund activities with
       terkait sumber pendanaan untuk jangka waktu                                      sufficient stable funding sources in order to mitigate
       yang lebih panjang dengan mensyaratkan BNI                                       future financial hardship risks.
       mendanai aktivitas dengan sumber dana stabil
       yang memadai dalam rangka memitigasi risiko
       kesulitan pendanaan pada masa depan.
       Laporan rasio Kecukupan Likuiditas BNI tersebut                                  BNI Liquidity Adequacy Ratio are reported monthly
       dilaporkan secara bulanan dan triwulanan kepada                                  and quarterly to the Otoritas Jasa Keuangan (OJK)
       Otoritas Jasa Keuangan (OJK) (tidak diaudit).                                    (unaudited).

  50. RISIKO PASAR                                                                 50. MARKET RISK
       Risiko pasar adalah risiko kerugian yang timbul                                  Market risk is the risk of loss due to the adverse
       akibat perubahan faktor pasar yang tidak sesuai                                  volatility of market price movements against BNI’s
       dengan posisi yang diambil oleh BNI baik pada                                    financial assets and liabilities (on balance sheet)
       posisi aset dan liabilitas keuangan dan rekening                                 including administrative accounts (off balance
       administratif. Risiko Pasar melekat pada hampir                                  sheet). Market risk is embedded in the Bank’s
       seluruh aktivitas Bank, baik trading book maupun                                 business activities, both in trading and banking
       banking book yang mencakup Risiko Suku Bunga                                     books, which cover Interest Rate risks and Foreign
       dan Risiko Nilai Tukar.                                                          Exchange risks.
       Pengelolaan Risiko Pasar BNI dilakukan melalui                                   Market Risk Management is done through
       koordinasi beberapa Divisi terkait, yaitu Divisi                                 coordination with BNI’s several related divisions
       Enterprise Risk Management (Divisi ERM) yang                                     such as: Enterprise Risk Management Division
       bertanggung jawab kepada Direktur Risk                                           (ERM) which report to the Director of Risk
       Management (Dir. RMT), Policy Governance (Divisi                                 Management (Dir.RMT), Policy Governance
       PGV) yang bertanggung jawab kepada Direktur                                      Division (PGV) which report to the Director of
       Human Capital & Compliance (Dir. HCC), Divisi                                    Direktur Human Capital & Compliance (Dir. HCC),
       Treasury (Divisi TRS) dan Kantor Cabang Luar                                     and Treasury Division (TRS) as well as Overseas
       Negeri dalam pengawasan Divisi Internasional                                     branches supervised by the International &
       International & Financial Institution (Divisi INT)                               Financial Institutions Division (INT) which report to
       yang bertanggung jawab kepada Direktur                                           the Director of Wholesale & International Banking
       Wholesale & International Banking (Dir. WHI).                                    (Dir. WHI). The Market Risk Management is also
       Dalam mengelola Risiko Pasar, Direksi didukung                                   supported by Risk Management Committee (RMC)
       oleh Risk Management Committee (RMC) dan                                         and Assets and Liabilities Committee (ALCO) and
       Komite Aset dan Liabilitas (ALCO) serta dalam                                    supervised by the Board of Commissioners through
       pengawasannya didukung oleh Komisaris melalui                                    the Risk Monitoring Committee.
       Komite Pemantau Risiko.



                                                                   Halaman - 257 - Page
1468   Transforming the Future, Empowering Indonesia
Page 868
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

50. RISIKO PASAR (lanjutan)                                      50. MARKET RISK (continued)

    BNI telah memiliki Aplikasi Manajemen Risiko                     BNI has Market Risk Tools to support the
    Pasar untuk mendukung proses pengelolaan Risiko                  implementation of the Market Risk Process. The
    Pasar. Pengukuran potensi risiko pasar untuk                     measurement of potential market risk, for internal
    pengendalian internal BNI dilakukan secara harian                control purposes, is conducted on a daily basis
    menggunakan Model Internal - Value at Risk (VaR)                 using an Internal Model - Value at Risk (VaR)
    Methodology, sedangkan pengukuran risiko pasar                   Methodology. On the other hand, the market risk
    dalam rangka perhitungan Kewajiban Penyediaan                    measurement for Capital Adequacy Ratio
    Modal Minimum dilakukan secara bulanan                           purposes, is conducted on a monthly basis using
    menggunakan Metode Standar. BNI juga                             the Standard Method. BNI also conducts on a
    melakukan pengukuran risiko suku bunga pada                      quarterly basis the measurement of interest rate
    banking -(IRRBB) secara triwulanan menggunakan                   risk on banking book-(IRRBB) using net interest
    Pendapatan bunga bersih (NII) dan pendekatan                     income perspective (NII) and economic value of
    nilai ekonomis dari ekuitas (EVE) serta pengukuran               equity perspective (EVE) and the measurement for
    Risiko Nilai Tukar pada banking book melalui                     foreign exchange risk on banking book by
    perhitungan Posisi Devisa Neto (PDN) secara                      calculating the Net Open Position (NOP) both daily
    harian dan bulanan sesuai ketentuan Regulator                    and monthly in accordance with the Regulator’s
    (tidak diaudit).                                                 regulation (unaudited).

    Sehubungan dengan penggunaan Model Internal                      In line with the use of the Internal Model (VaR) in
    (VaR) dalam pengukuran Risiko Pasar, BNI telah                   measuring market risk, BNI conducts Back Testing
    melakukan proses validasi melalui Back Testing                   periodically to assess the accuracy of the VaR
    secara periodik untuk menilai akurasi pengukuran                 methodologies used. Stress Testing has also been
    VaR yang digunakan. Selain itu, BNI telah                        conducted for the financial instruments that are
    melakukan proses Stress Testing terhadap                         exposed to foreign exchange risk and interest rate
    instrumen keuangan yang terekspos risiko nilai                   risk (limited to bond positions) in order to assess
    tukar dan risiko suku bunga (portofolio obligasi)                the Bank’s resilience in encountering extreme
    untuk menilai ketahanan Bank dalam menghadapi                    change of risk factors in abnormal market
    perubahan faktor pasar yang ekstrim pada saat                    conditions. Stress Testing is done every 6 (six)
    kondisi pasar abnormal. Stress Testing dilakukan                 months or in case there is an abnormal condition
    setiap 6 (enam) bulan sekali atau periode yang                   whichever is earlier.
    lebih pendek jika terjadi kondisi abnormal.

    Limit Risiko Pasar BNI sebagai bagian dari proses                BNI Market Risk limit as a part of the risk
    pengendalian Risiko Pasar ditetapkan dan dikaji                  controlling process is set and reviewed periodically
    ulang secara periodik oleh Divisi ERM dan Divisi                 by ERM and PGV which are independent from risk
    PGV yang independen terhadap risk taking units                   taking units (TRS and overseas branches). The
    (Divisi TRS dan kantor cabang luar negeri). Limit-               Market Risk limits are as follows:
    limit Risiko Pasar adalah sebagai berikut:

    a. Limit Risiko Pasar pada trading book:                         a. Market Risk limits on trading book:
       (i) Limit Value at Risk (VaR) dan limit Stressed                 (i) Value at Risk (VaR) limit and Stressed
              Value at Risk (SVaR)                                             Value at Risk (SVaR) limit
       (ii) Limit nominal transaksi                                     (ii) Transaction nominal limit
       (iii) Limit nominal open position                                (iii) Open position limit
       (iv) Limit Budget Loss                                           (iv) Budget Loss limit
       (v) Limit Early Warning Signal Forex                             (v) Early Warning Signal Limit for Forex
       (vi) Limit Early Warning Signal Surat Berharga                   (vi) Early Warning Signal Limit for Securities
       (vii) Limit Off Market Price                                     (vii) Off Market Price Limit
       (viii) Limit Kewajaran Kuotasi Jibor                             (viii) Fairness Limit for Jibor Quotations

    b. Limit Risiko Pasar pada banking book:                         b. Market Risk limits on banking book:
       (i) Limit IRRBB (EVE dan NII)                                    (i) IRRBB Limit (EVE and NII)
       (ii) Limit Posisi Devisa Neto internal BNI.                      (ii) Internal BNI Net Open Position Limit.




                                                    Halaman - 258 - Page                             2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1469
Page 869
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  50. RISIKO PASAR (lanjutan)                                       50. MARKET RISK (continued)

       Divisi ERM juga menyusun risk appetite dan risk                  ERM Division also prepares risk appetite and risk
       tolerance Risiko Pasar yang selaras dengan                       tolerance for Market Risk in accordance with the
       sasaran strategis Bank, yang digunakan sebagai                   Bank’s strategic objectives, which are used as a
       acuan tingkat risiko yang akan diambil Bank dalam                reference level of risk to be taken by the Bank in
       pencapaian sasaran bisnis.                                       achieving business goals.

       Pemantauan Risiko Pasar dilakukan melalui                        Market Risk monitoring is conducted through
       laporan yang memberikan informasi mengenai                       reports which give information about the market
       eksposur risiko pasar dan kepatuhan terhadap                     risk exposures and the limit compliance. The VaR
       limit-limit. Laporan VaR diberikan kepada                        reports are submitted to BNI management on a
       manajemen BNI secara berkala (harian, mingguan                   periodic basis (daily, weekly, and monthly) through
       dan bulanan) melalui laporan sirkulasi atau forum                circular reports or RMC forum. Specifically the
       RMC.        Khusus  terkait   dengan      laporan                report for interest rate risk on banking book is
       perkembangan Risiko Suku Bunga pada banking                      submitted to management on a monthly basis
       book disampaikan kepada manajemen setiap bulan                   through the ALCO forum.
       melalui forum Asset & Liabilities Committee
       (ALCO).

       BNI menggunakan model Value at Risk (VaR)                        BNI uses Value at Risk model (VaR) to measure
       untuk menghitung potensi risiko pasar yang timbul                potential market risk arising from possible changes
       akibat perubahan faktor pasar yang dapat                         of market factors which can affect the market value
       mempengaruhi nilai pasar pada portofolio produk                  of the Bank portfolio. The scope of Market Risk is
       Bank. Cakupan Risiko Pasar adalah sebagai                        as follows:
       berikut:

       a. Risiko Nilai Tukar pada trading book dan                      a. Foreign exchange risk on trading book and
          banking book.                                                    banking book.
       b. Risiko Suku Bunga pada trading book dan                       b. Interest rate risk on trading book and banking
          banking     book     (tidak     termasuk     aset-               book     (excluding    held-to-maturity assets/
          aset/investasi yang dimiliki hingga jatuh tempo).                investments).

       Metode untuk menghitung VaR yang digunakan                       The VaR method used in BNI is Variance
       BNI adalah Variance Covariance/Risk Metrics.                     Covariance/Risk Metrics. This method uses
       Metode ini menggunakan formula dengan                            formulas with some parameters such as volatility
       memasukkan          parameter-parameter     seperti              and correlation. It assumes that any changes that
       volatilitas dan korelasi. Metode ini mengasumsikan               occurs in the risk factors affecting the normal
       bahwa segala perubahan dalam faktor risiko yang                  market conditions will follow normal distribution.
       mempengaruhi kondisi pasar normal akan                           For abnormal market condition, Stressed VaR
       mengikuti distribusi normal. Sedangkan untuk                     calculation is applied.
       kondisi pasar harian yang tidak normal, dilakukan
       perhitungan Stressed VaR.

       VaR tidak menyediakan informasi potensi laba atau                VaR does not provide information for potential gain
       rugi pada kondisi pasar yang ekstrim atau stress.                or loss in the extreme or stress market condition.
       BNI melakukan stress testing untuk kondisi pasar                 BNI performs stress testing in the extreme market
       yang ekstrim tersebut.                                           condition.

       Pengukuran VaR adalah estimasi maksimum                          The VaR calculation is an estimate using a 99%
       potensi kerugian Risiko Pasar untuk 1 (satu) hari                confidence level of the potential loss that is not
       ke depan dengan tingkat keyakinan 99% dengan                     expected to be exceeded if the current market risk
       posisi portofolio yang dimiliki tidak berubah.                   positions were to be held unchanged for one day.
       Penggunaan tingkat keyakinan 99% berarti dalam                   The use of a 99% confidence level means that,
       rentang waktu satu hari, kerugian harian yang                    within a one day horizon, losses exceeding the
       melebihi VaR dalam kondisi pasar normal tidak                    VaR figure should occur, on average under normal
       akan terjadi lebih dari 1 (satu) kali dalam 100 hari.            market conditions, not more than once every one
                                                                        hundred days.




                                                       Halaman - 259 - Page
1470   Transforming the Future, Empowering Indonesia
Page 870
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                       NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                            FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                            31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                  (Expressed in millions of Rupiah, unless otherwise stated)

50. RISIKO PASAR (lanjutan)                                            50. MARKET RISK (continued)

    Karena VaR adalah bagian dari pengelolaan Risiko                           Since VaR is an integral part of the Bank’s market
    Pasar Bank, limit-limit VaR telah dibentuk untuk                           risk management, VaR limits have been
    seluruh trading operation dan eksposur perlu                               established for all trading operations and
    ditinjau oleh manajemen secara harian terhadap                             exposures are required to be reviewed daily
    limit-limit.                                                               against the limits by management.

    Tabel dibawah ini menunjukkan VaR agregat pada                             The table below presents the aggregate VaR on
    portofolio trading book dan banking book milik                             the Bank’s trading book and banking book portfolio:
    Bank: (tidak diaudit)                                                      (unaudited)

                                                                2024

                                      Risiko mata             Risiko nilai wajar suku bunga/
                                      uang asing/              Fair value interest rate risk
                                        Foreign
                                     exchange risk         Trading book              Banking book


    2024 - 31 Desember                        31,225                   1,448                 243,371                   2024 - 31 December
    2024 - Rata-rata harian                   16,795                   3,309                 236,462                   2024 - Average daily
    2024 - Tertinggi                          34,205                   7,551                 275,954                         2024 - Highest
    2024 - Terendah                            1,740                   1,396                 186,284                         2024 - Lowest

                                                                2023

                                      Risiko mata             Risiko nilai wajar suku bunga/
                                      uang asing/              Fair value interest rate risk
                                        Foreign
                                     exchange risk         Trading book              Banking book


    2023 - 31 Desember                        13,732                   2,892                 251,871                   2023 - 31 December
    2023 - Rata-rata harian                   12,495                   4,008                 268,548                   2023 - Average daily
    2023 - Tertinggi                          23,217                   9,249                 316,015                         2023 - Highest
    2023 - Terendah                            8,533                   1,497                 222,009                         2023 - Lowest

    (i)   Risiko tingkat suku bunga                                            (i)   Interest rate risk

          Risiko tingkat suku bunga timbul pada                                      Interest rate risks arise from financial
          instrumen   keuangan   yang  mempunyai                                     instruments which have the loss possibilities
          kemungkinan kerugian akibat perubahan                                      from changes in interest rates that will affect
          tingkat suku bunga yang akan berdampak                                     future cash flows or fair value of the financial
          pada arus kas masa depan atau nilai wajar                                  instruments.
          instrumen keuangan.

          Komite Manajemen Risiko dan Anti Fraud Sub                                 BNI’s Risk Management and Anti Fraud
          Komite Manajemen Risiko (KRA-RMC) BNI,                                     Committee sub Committee Risk Management
          bertanggung jawab untuk menetapkan,                                        (KRA-RMC) held responsible for determining,
          melaksanakan serta menjaga kebijakan                                       executing and overseeing the interest rate risk
          pengelolaan risiko tingkat suku bunga sesuai                               management policy in accordance with the
          dengan pedoman umum BNI. Tujuan utama                                      overall guidelines of BNI. The main objective
          Komite Manajemen Risiko dan Anti Fraud Sub                                 of the Risk Management and Anti Fraud
          Komite Manajemen Risiko (KRA-RMC) BNI                                      Committee sub Committee Risk Management
          adalah memaksimalkan hasil usaha BNI                                       (KRA-RMC) is to maximise BNI’s returns
          dengan tetap memperhatikan limit risiko yang                               within the predetermined risk limits.
          ditetapkan.




                                                       Halaman - 260 - Page                                     2024 Annual Report
                                                                                              PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                        1471
Page 871
                                                                  PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                                     DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                                                                     NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                                                                          FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                                                                          31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                      (Expressed in millions of Rupiah, unless otherwise stated)

  50. RISIKO PASAR (lanjutan)                                                                                                50. MARKET RISK (continued)

         (i)      Risiko tingkat suku bunga (lanjutan)                                                                                (i)    Interest rate risk (continued)

                  Tabel di bawah ini merupakan kisaran tingkat                                                                               The tables below summarise the range of
                  suku bunga kontraktual per tahun untuk aset                                                                                contractual interest rates per annum for
                  dan liabilitas konsolidasian yang signifikan                                                                               significant consolidated assets and liabilities
                  pada tanggal 31 Desember 2024 dan 2023:                                                                                    as of 31 December 2024 and 2023:
                                                                                                                  2024

                                             Dolar
                                           Amerika           Euro                                      Dolar        Won Korea                            Pound Sterling        Dolar               Dolar
                                           Serikat/         Eropa/              Yen Jepang          Singapura/       Selatan/         Yuan China/           Inggris/         Hongkong/           Australia/
                                         United States     European              Japanese           Singapore         South            Chinese            Great Britain      Hongkong            Australian
                           Rupiah           Dollar           Euro                  Yen                Dollar        Korean Won           Yuan            Pound Sterling        Dollar              Dollar
                             %                %               %                     %                   %               %                 %                    %                %                   %


  ASET                                                                                                                                                                                                                             ASSETS
  Penempatan pada                                                                                                                                                                                                           Placements with
     bank lain dan                                                                                                                                                                                                        other banks and
     Bank Indonesia     0.00 - 7.00        2.00 - 5.17                  -                  -                  -       3.10 - 3.20            3.85                    -                   -                    -            Bank Indonesia
  Efek-efek             5.35 - 11.25       2.30 - 6.00                  -                  -                  -                 -               -                    -                   -                    -         Marketable securities
  Tagihan Akseptasi                -       0.00 - 7.52                  -                  -                  -                 -               -                    -                   -                    -        Acceptance receivable
  Efek-efek yang dibeli
     dengan janji                                                                                                                                                                                                      Securities Purchase
     dijual kembali      6.45 - 6.80       4.37 - 4.57                  -                  -                  -                 -                -                   -                   -                    - under agrrement to resell
  Wesel ekspor dan
     tagihan lainnya     0.00 - 8.00       0.00 - 6.00                  -                  -                  -                 -                -                   -                   -                    - Bills and other receivables
  Pinjaman yang
     diberikan          0.00 - 22.45      0.00 - 10.22      3.90 - 7.00          0.41 - 3.88        4.00 - 7.25       4.35 - 6.00            6.25          7.60 - 7.70        1.50 - 8.56         6.71 - 7.00                           Loans
  Obligasi Pemerintah                                                                                                                                                                                                     Government Bonds
  - Tingkat bunga tetap 4.88- 12.00        0.50 - 7.75          0.90-1.75        0.57 - 3.00        0.50 - 1.25                 -                -                   -                   -                    -           Fixed interest rate -
  - Tingkat bunga
         mengambang             6.29                 -                  -                  -                  -                 -                -                   -                   -                    -        Floating interest rate -

  LIABILITAS                                                                                                                                                                                                                    LIABILITIES
  Simpanan nasabah         0.00 - 8.10     0.00 - 6.25      0.00 - 0.10          0.00 - 0.07        0.00 - 2.25       0.00 - 0.25                -         0.00 - 0.10        0.00 - 3.70                     -     Deposits from customers
  Simpanan dari
     bank lain             0.00 - 6.90     0.00 - 5.14                  -        0.00 - 0.77        0.00 - 3.28                 -                -                   -                   -                    - Deposits from other banks
  Efek-efek yang dijual                                                                                                                                                                                                     Securities sold
     dengan janji dibeli                                                                                                                                                                                          under agreements to
     kembali               5.50 - 8.38     1.85 - 4.75                  -                  -                  -                 -                -                   -                   -                    -              repurchase
  Efek-efek yang
     diterbitkan           6.35 - 6.85           5.28                   -                  -                  -                 -                -                   -                   -                    -             Securities issued
  Pinjaman yang
     diterima              7.18 - 9.50     4.52 - 6.00      3.07 - 3.18                    -              3.86              3.60                 -                   -                   -              5.26                     Borrowings
  Efek-efek subordinasi              -     3.75 - 4.30                -                    -                 -                 -                 -                   -                   -                 -          Subordinated securities

                                                                                                                  2023

                                                                      Dolar        Euro                                                Dolar             Won Korea
                                                                 Amerika Serikat/ Eropa/                      Yen Jepang            Singapura/             Selatan/          Yuan China/
                                                                  United States  European                      Japanese             Singapore               South             Chinese
                                              Rupiah                 Dollar        Euro                          Yen                  Dollar             Korean Won             Yuan
                                                 %                          %                   %                   %                   %                    %                    %


                  ASET                                                                                                                                                                                                              ASSETS
                  Penempatan pada
                      bank lain dan                                                                                                                                                                      Placements with other banks
                      Bank Indonesia            0.00 - 7.25           0.00 - 5.75                        -                  -                        -      3.10 - 3.55                      -                and Bank Indonesia
                  Efek-efek                    5.35 - 11.25           2.30 - 7.16                        -                  -                        -                -                      -                  Marketable securities
                  Tagihan Akseptasi                       -           0.00 - 8.41                        -                  -                        -                -                      -                 Acceptance receivable
                  Efek-efek yang dibeli
                      dengan janji                                                                                                                                                                                    Securities Purchase
                      dijual kembali            6.00 - 6.70           5.33 - 5.35                        -                  -                        -                   -                   -                    under agrrement to resell
                  Wesel ekspor dan
                      tagihan lainnya          0.00 - 11.25           0.00 - 8.41                       -                   -                    -                    -                0.00                Bills and other receivables
                  Pinjaman yang diberikan      0.00 - 26.62          0.00 - 11.18              4.00 -7.20         0.50 - 3.51          4.00 - 7.25          4.00 - 5.47         6.00 - 6.00                                     Loans
                  Obligasi Pemerintah                                                                                                                                                                             Government Bonds
                  - Tingkat bunga tetap        3.88 -12.00            0.50 - 7.75              0.90 - 1.75        0.57 - 3.00          0.50 - 1.25                       -                   -                 Fixed interest rate -
                  - Tingkat bunga
                      mengambang                         4.54                       -                    -                  -                        -                   -                   -                    Floating interest rate -


                  LIABILITAS                                                                                                                                                                                            LIABILITIES
                  Simpanan nasabah              0.00 - 7.50           0.00 - 6.90              0.00 - 0.10        0.00 - 0.01          0.00 - 1.75                       -                   -              Deposits from customers
                  Simpanan dari bank lain       0.00 - 6.70           0.00 - 6.05                        -        0.00 - 0.45          0.00 - 4.20                       -                   -             Deposits from other banks
                  Efek-efek yang dijual
                      dengan janji dibeli                                                                                                                                                                     Securities sold under
                      kembali                            6.65         1.30 - 6.32                        -                  -                        -                   -                   -          agreements to repurchase
                  Efek-efek yang
                      diterbitkan               6.35 - 6.85                     -                        -                  -                        -                   -                   -                          Securities issued
                  Pinjaman yang diterima        7.50 - 9.50           0.90 - 6.54                        -                  -                        -                   -                   -                                Borrowings
                  Efek-efek subordinasi                8.00           3.75 - 4.30                        -                  -                        -                   -                   -                     Subordinated securities




                                                                                                  Halaman - 261 - Page
1472      Transforming the Future, Empowering Indonesia
Page 872
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                      NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                           FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                           31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                     (Expressed in millions of Rupiah, unless otherwise stated)

50. RISIKO PASAR (lanjutan)                                                 50. MARKET RISK (continued)

    (i)   Risiko tingkat suku bunga (lanjutan)                                  (i)    Interest rate risk (continued)

          Tabel    berikut    menunjukkan    sensitivitas                              The following tables demonstrate the
          terhadap kemungkinan perubahan suku bunga                                    sensitivity to a reasonable possible change in
          dalam Rupiah yang wajar, dengan semua                                        IDR interest rates, with all other variables held
          variabel lainnya tetap konstan, dalam laporan                                constant, in the Bank’s profit or loss. The
          laba rugi Bank. Sensitivitas laporan laba rugi                               sensitivity of profit or loss is the effect of the
          adalah dampak dari perubahan asumsi suku                                     changes in interest rates assumptions on the
          bunga pada laporan laba rugi pada periode                                    profit or loss for the period. The total sensitivity
          tersebut. Sensitivitas total laba atau rugi                                  of profit or loss is based on the assumption
          didasarkan     pada    asumsi    bahwa     ada                               that there are parallel shifts in the yield curve.
          pergeseran paralel kurva hasil.

                                                                     2024

                                                 Perubahan              Pengaruh terhadap
                                                 persentase/             laporan laba rugi/
                                                 Percentage                  Impact to
                                                   Change                  profit or loss

                                                           ±25 bps              ±320,582
                                                           ±50 bps              ±641,164

                                                                     2023

                                                 Perubahan              Pengaruh terhadap
                                                 persentase/             laporan laba rugi/
                                                 Percentage                  Impact to
                                                   Change                  profit or loss

                                                           ±25 bps              ±401,363
                                                           ±50 bps              ±802,725


          BNI memiliki eksposur terhadap risiko tingkat                                 BNI has exposure to interest rate risks in
          suku bunga dalam mata uang Dolar                                              Singapore Dollar, United States Dollar, Euro
          Singapura, Dolar Amerika Serikat, Euro dan                                    and others. BNI assessed that the impact of
          lainnya. BNI telah melakukan penilaian atas                                   those interest rate risks is not significant.
          dampak dari risiko tingkat suku bunga tersebut
          dan hasilnya tidak signifikan.

    (ii) Risiko mata uang                                                       (ii)   Currency risk

          Risiko valuta asing timbul sebagai akibat                                     Foreign currency risks arise from the
          adanya aset dan liabilitas keuangan dalam                                     consolidated financial assets and liabilities
          valuta asing dan rekening administratif                                       and administrative accounts in foreign
          konsolidasian       baik pada sisi aset                                       currency positions, both on the consolidated
          konsolidasian maupun liabilitas konsolidasian.                                assets and liabilities. BNI’s foreign currency
          Posisi valuta asing BNI dapat dikelompokkan                                   position is divided into two activities: the
          dalam dua aktivitas yaitu: trading book, yang                                 trading book, which is prepared to generate
          dilakukan    dalam     rangka     memperoleh                                  profit from the exchange rate, and the
          keuntungan transaksi valuta asing, dan                                        banking book, which is prepared to control
          banking book, yang dilakukan dalam rangka                                     BNI’s overall Net Open Position.
          mengendalikan Posisi Devisa Neto BNI secara
          keseluruhan.

          BNI memiliki kebijakan untuk menjaga                                          BNI’s policy is to maintain foreign currency
          eksposur mata uang asing dalam batas yang                                     exposure within acceptable limits and within
          wajar dan berdasarkan peraturan yang                                          existing      regulatory      guidelines.      The
          berlaku. Manajemen berkeyakinan bahwa saat                                    Management believes that its current profile
          ini eksposur mata uang asing atas aset dan                                    of foreign currency exposure on its assets
          liabilitas masih dalam batas yang konservatif.                                and liabilities is within conservative limits.

    Informasi tambahan risiko pasar yang merupakan                              The following additional information market risk that
    informasi yang disyaratkan oleh regulasi yang                               is required by applicable regulations and is not
    berlaku dan bukan/tidak merupakan informasi yang                            required by Indonesian Accounting Standards is
    dipersyaratkan oleh Standar Akuntansi Indonesia                             disclosed in Note 59m.
    diungkapkan pada Catatan 59m.




                                                    Halaman - 262 - Page                                          2024 Annual Report
                                                                                                PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                         1473
Page 873
                                          PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                             DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                             NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                  FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                  31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                      (Expressed in millions of Rupiah, unless otherwise stated)

  51. RISIKO OPERASIONAL                                                      51. OPERATIONAL RISK

       Informasi tambahan risiko operasional yang                                   The following additional information operational risk
       merupakan informasi yang disyaratkan oleh                                    that is required by applicable regulations and is not
       regulasi yang berlaku dan bukan/tidak merupakan                              required by Indonesian Accounting Standards is
       informasi yang dipersyaratkan oleh Standar                                   disclosed in Note 59n.
       Akuntansi Indonesia diungkapkan pada Catatan
       59n.


  52. NILAI WAJAR               ASET       DAN       LIABILITAS               52. FAIR VALUE OF FINANCIAL ASSETS AND
      KEUANGAN                                                                    LIABILITIES

       Tabel di bawah ini menyajikan perbandingan                                   The table below summarises the comparison
       antara nilai tercatat dan nilai wajar dari semua aset                        between the carrying amounts and fair values of all
       dan liabilitas keuangan disajikan per kategori dari                          financial assets and liabilities presented per
       instrumen keuangan. Nilai wajar yang diungkapkan                             category of financial instruments. The fair values
       adalah berdasarkan informasi relevan yang                                    disclosed are based on relevant information
       tersedia pada tanggal-tanggal 31 Desember 2024                               available as of 31 December 2024 and 2023, and
       dan 2023, dan tidak diperbaharui untuk                                       not updated to reflect changes in market conditions
       mencerminkan perubahan dalam kondisi pasar                                   which have occurred after this date.
       yang telah terjadi setelah tanggal ini.

                                                       2024                                     2023
                                         Nilai Tercatat/      Nilai wajar/    Nilai Tercatat/          Nilai wajar/
                                         Carrying Value       Fair value      Carrying Value           Fair value

       Aset keuangan                                                                                                                 Financial assets
         Kas                                 13,709,930         13,709,930        11,207,201              11,207,201                          Cash

       Nilai wajar melalui                                                                                                         Fair value through
          laba rugi                                                                                                                    profit or loss
          Efek-efek                          23,959,614         23,959,614          9,759,264               9,759,264         Marketable securities
          Obligasi Pemerintah                 3,957,073          3,957,073          4,187,772               4,187,772           Government Bonds
          Tagihan derivatif                   1,792,978          1,792,978            995,677                 995,677         Derivatives receivable
                                             29,709,665         29,709,665        14,942,713              14,942,713

       Nilai wajar melalui penghasilan                                                                                       Fair value through other
          komprehensif lain                                                                                                comprehensive income
          Obligasi Pemerintah                90,904,441         90,904,441         86,549,332             86,549,332            Government Bonds
          Efek-efek                          24,187,442         24,187,442         27,044,101             27,044,101          Marketable securities
          Penyertaan saham                      637,280            637,280            563,700                563,700             Equity investments
                                            115,729,163        115,729,163       114,157,133             114,157,133


       Biaya perolehan diamortisasi                                                                                                    Amortised cost
          Pinjaman yang diberikan           737,187,258        737,187,258       647,926,638             647,926,638                           Loans
          Giro pada                                                                                                            Current accounts with
             Bank Indonesia                  51,669,054         51,669,054        65,256,432              65,256,432              Bank Indonesia
          Obligasi Pemerintah                37,210,055         36,984,557        36,363,265              35,257,128             Government Bonds
          Giro pada                                                                                                            Current accounts with
             bank lain                       22,074,173         22,074,173        35,022,762              35,022,762                 other banks
          Tagihan akseptasi                  15,925,521         15,925,521        17,091,194              17,091,194         Acceptance receivables
          Penempatan pada bank                                                                                          Placements with other banks
             lain dan Bank Indonesia         17,075,441         17,075,441        43,794,166              43,794,166          and Bank Indonesia
          Wesel ekspor dan                                                                                                                  Bills and
             tagihan lainnya                 13,243,026         13,243,026        18,998,994              18,998,994            other receivables
          Aset lain-lain - bersih*)           9,533,153          9,533,153        11,701,003              11,701,003             Other assets - net*)
          Efek-efek yang
             dibeli dengan janji                                                                                         Securities purchased under
             dijual kembali                    7,971,923         7,971,923        13,951,344              13,951,344         agreement to resell
          Efek-efek                              387,017           387,290           361,374                 364,361           Marketable securities
                                            912,276,621        912,051,396       890,467,172             889,364,022
                                          1,071,425,379       1,071,200,154    1,030,774,219           1,029,671,069




                                                              Halaman - 263 - Page
1474   Transforming the Future, Empowering Indonesia
Page 874
                                             PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                     NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                          FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                          31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                              (Expressed in millions of Rupiah, unless otherwise stated)

52. NILAI WAJAR      ASET                      DAN        LIABILITAS                52. FAIR VALUE OF FINANCIAL ASSETS AND
    KEUANGAN (lanjutan)                                                                 LIABILITIES (continued)

                                                            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
       laporan laba rugi                                                                                                                      profit or loss
       Liabilitas derivatif                        1,479,185            1,479,185          810,462                  810,462              Derivative payables


    Liabilitas keuangan lainnya                                                                                                    Other financial liabilities
       Simpanan nasabah                                                                                                           Deposits from customers
          Giro                                  305,733,528          305,733,528       345,496,168             345,496,168             Current accounts
          Tabungan                              257,544,353          257,544,353       231,981,435             231,981,435              Savings account
          Deposito berjangka                    242,232,967          242,232,967       232,664,980             232,664,980                 Time deposits
          Negotiable Certificate                                                                                                   Negotiable Certificate
              of Deposit                                   -                   -           587,760                 587,760                   of Deposit
       Pinjaman yang diterima                     42,931,444          42,931,444        30,949,608              30,949,608                      Borrowings
       Liabilitas lain-lain**)                    19,641,982          19,641,982        18,512,179              18,512,179                Other liabilities**)
       Efek-efek subordinasi                      17,699,183          17,079,032        16,928,731              15,857,891         Subordinated securities
       Simpanan dari bank lain                                                                                                   Deposits from other banks
          Pinjaman pasar uang
              antar bank                          12,294,527          12,294,527          5,117,755               5,117,755        Inter-bank call money
          Giro                                     3,725,403           3,725,403          4,376,529               4,376,529             Current accounts
          Deposito berjangka                         831,067             831,067            804,114                 804,114                 Time deposit
          Negotiable Certificate                                                                                                   Negotiable Certificate
              of Deposit                             770,760              770,760           515,651                 515,651                  of Deposit
          Simpanan lainnya                           926,707              926,707         1,079,939               1,079,939               Other deposits
       Efek-efek yang dijual dengan                                                                                                   Securities sold under
          janji dibeli kembali                    15,890,945          15,890,945          6,891,177               6,891,177    agreements to repurchase
       Efek-efek yang diterbitkan                 12,974,497          13,167,926          4,893,357               4,998,160               Securities issued
       Liabilitas segera                           5,514,720           5,514,720          5,294,952               5,294,952     Obligation due immediately
       Liabilitas akseptasi                        4,229,484           4,229,484          5,748,547               5,748,547           Acceptance payables
                                                942,941,567          942,514,845       911,842,882             910,876,845
                                                944,420,752          943,994,030       912,653,344             911,687,307


    *)    Aset lain-lain - bersih terdiri dari piutang bunga, piutang terkait             *)    Other assets - net consist of interest receivables, receivables from
          transaksi ATM dan kartu kredit, piutang lain-lain dan piutang dari                    transactions related to ATM and credit card, other receivables and
          nasabah - Entitas anak.                                                               receivables from customers - Subsidiary.

    **)   Liabilitas lain-lain terdiri dari utang ke pemegang polis, setoran              **)   Other liabilities consist of obligation to policyholders, guarantee
          jaminan, rekening dalam penyelesaian, utang reasuransi dan komisi,                    deposits, unsettled account, reinsurance payable and commission,
          serta utang nasabah - Entitas Anak.                                                   and payable to customers - Subsidiary.


    Bank    menggunakan  hirarki berikut   untuk                                          The Bank adopts the following hierarchy for
    menentukan dan mengungkapkan nilai wajar dari                                         determining and disclosing the fair value of
    instrumen keuangan:                                                                   financial instruments:

    (i) Tingkat 1: Harga dikutip (tidak disesuaikan) dari                                 (i) Level 1: Quoted prices in active market for the
          pasar yang aktif untuk aset atau liabilitas                                         same/identical financial asset or liability;
          keuangan yang identik;
    (ii) Tingkat 2: Input selain harga yang dikutip dari                                  (ii) Level 2: Inputs other than quoted market prices
          pasar yang disertakan pada Tingkat 1 yang                                            included in Level 1 that are observable for the
          dapat diobservasi untuk aset dan liabilitas                                          financial asset or liability, either directly (as a
          keuangan, baik secara langsung (yaitu sebagai                                        price) or indirectly (as derived from price);
          sebuah harga) atau secara tidak langsung
          (yaitu sebagai turunan dari harga);
    (iii) Tingkat 3: Input untuk aset atau liabilitas                                     (iii) Level 3: Inputs for the financial assets or
          keuangan yang tidak didasarkan pada data                                              liability that are not based on observable
          pasar yang dapat diobservasi (informasi yang                                          market data (unobservable information).
          tidak dapat diobservasi).




                                                                   Halaman - 264 - Page                                         2024 Annual Report
                                                                                                              PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                                 1475
Page 875
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                          31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                   (Expressed in millions of Rupiah, unless otherwise stated)

  52. NILAI WAJAR      ASET              DAN        LIABILITAS             52. FAIR VALUE OF FINANCIAL ASSETS AND
      KEUANGAN (lanjutan)                                                      LIABILITIES (continued)

       Tabel di bawah ini menunjukkan instrumen                                  The table below shows the financial instruments
       keuangan yang diukur pada nilai wajar yang                                measured at fair value grouped according to the
       dikelompokkan berdasarkan hirarki nilai wajar:                            fair value hierarchy:
                                                                   2024

                                                                       Nilai wajar/Fair value

                                  Nilai tercatat/       Tingkat/             Tingkat/           Tingkat/
                                  Carrying value        Level 1              Level 2            Level 3

       Aset keuangan                                                                                                    Financial assets
       Nilai wajar melalui                                                                                            Fair value through
          laba rugi                                                                                                       profit or loss
          Efek-efek                   23,959,614          1,160,733           22,777,322              21,559     Marketable securities
          Obligasi Pemerintah          3,957,073          3,957,073                    -                   -       Government Bonds
          Tagihan derivatif            1,792,978                  -            1,792,978                   -     Derivative receivables

                                      29,709,665          5,117,806           24,570,300              21,559

       Nilai wajar melalui                                                                                       Fair value through other
          penghasilan                                                                                          comprehensive income
          komprehensif lain
          Obligasi Pemerintah         90,904,441         66,807,204           24,097,237                   -       Government Bonds
          Efek-efek                   24,187,442         19,281,464            4,905,978                   -      Marketable securities
          Penyertaan saham               637,280                  -                    -             637,280       Equity investments

                                     115,729,163         86,088,668           29,003,215             637,280

                                     145,438,828         90,045,742           53,573,515             658,839

       Liabilitas keuangan                                                                                            Financial liabilities
       Nilai wajar melalui                                                                                           Fair value through
          laporan laba rugi                                                                                              profit or loss
          Liabilitas derivatif         1,479,185                   -            1,479,185                  -       Derivatives payable

                                       1,479,185                   -            1,479,185                  -


                                                                   2023

                                                                       Nilai wajar/Fair value

                                  Nilai tercatat/       Tingkat/             Tingkat/           Tingkat/
                                  Carrying value        Level 1              Level 2            Level 3

       Aset keuangan                                                                                                    Financial assets
       Nilai wajar melalui                                                                                            Fair value through
          laba rugi                                                                                                       profit or loss
          Efek-efek                    9,759,264          1,478,167             8,266,881             14,216     Marketable securities
          Obligasi Pemerintah          4,187,772          4,187,772                     -                  -       Government Bonds
          Tagihan derivatif              995,677                  -               995,677                  -     Derivative receivables

                                      14,942,713          5,665,939             9,262,558             14,216

       Nilai wajar melalui                                                                                       Fair value through other
          penghasilan                                                                                          comprehensive income
          komprehensif lain
          Obligasi Pemerintah         86,549,332         79,039,214             7,510,118                  -       Government Bonds
          Efek-efek                   27,044,101         20,352,097             6,692,004                  -      Marketable securities
          Penyertaan saham               563,700                  -                     -            563,700       Equity investments

                                     114,157,133         99,391,311           14,202,122             563,700

                                     129,099,846        105,057,250           23,464,680             577,916

       Liabilitas keuangan                                                                                            Financial liabilities
       Nilai wajar melalui                                                                                           Fair value through
          laporan laba rugi                                                                                              profit or loss
          Liabilitas derivatif           810,462                   -             810,462                   -       Derivatives payable

                                         810,462                   -             810,462                   -




                                                        Halaman - 265 - Page
1476   Transforming the Future, Empowering Indonesia
Page 876
                                            PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                               DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                     NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                          FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                          31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                   (Expressed in millions of Rupiah, unless otherwise stated)

52. NILAI WAJAR      ASET                    DAN         LIABILITAS                      52. FAIR VALUE OF FINANCIAL ASSETS AND
    KEUANGAN (lanjutan)                                                                      LIABILITIES (continued)

    Teknik penilaian dan input signifikan atas nilai                                              Valuation technique and significant input for fair
    wajar tingkat 3 untuk beberapa penyertaan saham                                               value of level 3 for investments as 31 December
    pada tanggal 31 Desember 2024 dan 2023 adalah                                                 2024 and of 2023 are as follows:
    sebagai berikut:

                                             Teknik
                                           Penilaian/
                                           Valuation                                                           2024       2023
                Akun                       Technique                Input Signifikan/Significant Input          %          %                Account


    Nilai wajar melalui laba rugi
       penghasilan komprehensif                                                                                                            Fair value through hother
       lain                                                                                                                          comprehensive income
                                                                 Tingkat diskonto/Discount rate                  16.05      17.32
                                                                 Tingkat bunga bebas risiko/Risk-free rate        6.89       6.97
                                                                 Diskon Marketabilitas/Discount for lack of
                                         Arus Kas yang              Marketability (DLOM)                         36.00      32.00
    PT Penyelesaian Transaksi             Didiskontokan/         Diskon Minoritas/Discount for Lack of                              PT Penyelesaian Transaksi
       Elektronik Nasional (PTEN)      Discounted cashflow          Control (DLOC)                               35.00      35.00 Elektronik Nasional (PTEN)

                                          - Arus Kas yang        Tingkat diskonto/Discount rate                  19.33      12.65
                                            Didiskontokan/       Tingkat pertumbuhan
                                    Discounted cashflow (90%)       perpetuitas/Perpetuity Growth                 3.00       3.00
                                       - Metode Pembanding       Diskon Marketabilitas/Discount for lack of
                                      Perusahaan Tercatat di        Marketability (DLOM)                         30.00      30.00
                                         Bursa Efek (GCM)/       Diskon Minoritas/Discount for Lack of
                                     Guideline Publicly Traded      Control (DLOC)                               30.00      30.00
    PT Fintek Karya Nusantara        Company Method (10%)                                                                           PT Fintek Karya Nusantara

                                                                 Tingkat votalita/Votality rate                       -          -

                                                                 Tingkat bunga bebas risiko/Risk-free rate            -          -

                                     - Backsolve-Model Opsi      Periode keluar/ Time to exit                         -          -
                                    Harga/- Backsolve-Option     Diskon Marketabilitas/Discount for lack of
    PT Fintek Karya Nusantara             Pricing Model             Matketability (DLOM)                              -          -   PT Fintek Karya Nusantara


    Tidak terdapat perpindahan antara tingkat 1 dan                                               There is no transfer between level 1 and level 2 of
    tingkat 2 hirarki nilai wajar.                                                                the fair value hierarchy.

    Nilai     wajar    instrumen     keuangan       yang                                          The fair value of financial instruments traded in an
    diperdagangkan dalam pasar aktif (contohnya surat                                             active market (i.e. measured and available-for-sale
    berharga yang diukur dan tersedia untuk dijual),                                              securities), is based on quoted market price at
    ditentukan dengan berdasarkan harga pasar yang                                                reporting date. A market is regarded as active if
    dikutip pada tanggal pelaporan. Suatu pasar                                                   quoted prices are readily and regularly available
    dianggap aktif apabila informasi mengenai harga                                               from exchange, dealer or broker, industry group
    kuotasian dapat diakses dengan mudah dan                                                      pricing service or regulatory agency, and those
    tersedia secara berkala dari suatu bursa, pedagang                                            prices represent actual and regularly occurring
    efek, broker, kelompok penilai harga pasar industri                                           market transaction on an arm’s length basis. The
    tertentu,    regulator    dan     harga     tersebut                                          quoted market price used for financial asset held
    mencerminkan transaksi pasar yang aktual dan                                                  by Group is bid price. These instruments are
    regular pada tingkat yang wajar. Harga pasar                                                  included in Level 1. Instruments included in Level 1
    dikutip untuk aset keuangan yang dimiliki Grup                                                comprise primarily of securities classified as fair
    adalah harga penawaran (bid price). Instrumen-                                                value through profit or loss and fair value through
    instrumen tersebut digolongkan dalam Tingkat 1.                                               other comprehensive income.
    Instrumen yang termasuk dalam Tingkat 1
    umumnya meliputi investasi yang diklasifikasikan
    sebagai surat berharga yang diukur pada nilai
    wajar melalui laba rugi dan yang diukur pada nilai
    wajar melalui penghasilan komprehensif lain.




                                                                 Halaman - 266 - Page                                            2024 Annual Report
                                                                                                               PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                          1477
Page 877
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  52. NILAI WAJAR      ASET              DAN      LIABILITAS        52. FAIR VALUE OF FINANCIAL ASSETS AND
      KEUANGAN (lanjutan)                                               LIABILITIES (continued)

       Nilai wajar instrumen keuangan yang tidak                        The fair value of financial instruments that are not
       diperdagangkan di pasar aktif (contohnya derivatif               traded in an active market (i.e over-the-counter
       over-the-counter)     ditentukan    dengan      teknik           derivatives) is determined by using valuation
       penilaian.    Teknik-teknik     penilaian    tersebut            techniques. These valuation techniques maximise
       menggunakan data pasar yang dapat diobservasi                    the use of observable market data where it is
       dan sedapat mungkin meminimalisir penggunaan                     available and rely as little as possible on entity’s
       estimasi spesifik dari entitas. Apabila seluruh input            specific estimates. If all significant inputs required
       yang dibutuhkan untuk menentukan nilai wajar                     for the fair value of an instrument are observable,
       instrumen keuangan dapat diobservasi, maka                       the instrument is included in Level 2. Otherwise, if
       instrumen keuangan tersebut dikategorikan dalam                  one or more of the significant inputs is not based
       Tingkat 2. Sebaliknya, jika salah satu atau lebih                on observable market data, the instrument is
       data tidak didasarkan pada data pasar yang dapat                 included in Level 3.
       diobservasi, instrumen ini termasuk dalam
       Tingkat 3.

       Teknik penilaian spesifik yang digunakan untuk                   Specific valuation techniques        used    to   value
       melakukan penilaian pada instrumen keuangan,                     financial instruments include:
       antara lain:
       •   Harga yang dikutip dari pasar atau pedagang                  •     Quoted market prices or dealer quotes for
           efek instrumen serupa                                              similar instruments
       •   Nilai wajar dari swap tingkat suku bunga yang                •     Fair value of interest rate swap is calculated as
           diperhitungkan sebagai nilai kini dari estimasi                    the present value of estimated future cashflow
           arus kas masa datang berdasarkan kurva                             based on observable yield curves
           imbal hasil yang dapat diobservasi
       •   Nilai wajar dari kontrak berjangka valuta asing              •     Fair value of foreign exchange contracts is
           yang ditentukan berdasarkan kurs berjangka                         determined using forward exchange rates at
           pada tanggal pelaporan keuangan, dan                               reporting date, and
       •   Teknik-teknik lainnya, seperti analisis arus kas             •     Other techniques, such as discounted cash
           diskontoan yang digunakan untuk menentukan                         flow analysis, are used to determine fair value
           nilai wajar instrumen keuangan lainnya                             for other financial instruments

       (i)   Giro pada Bank Indonesia, giro pada bank lain,             (i)   Current accounts with Bank Indonesia, current
             penempatan pada bank lain dan Bank                               accounts with other banks, placements with
             Indonesia, efek-efek, wesel ekspor dan                           other banks and Bank Indonesia, marketable
             tagihan lainnya, efek-efek yang dibeli dengan                    securities, bills and other receivables,
             janji dijual kembali, penyertaan saham, tagihan                  securities purchases under agreements to
             akseptasi dan aset lain-lain:                                    resell and other assets, equity investments,
                                                                              acceptance receivables and other assets:

             Penempatan pada bank lain dan Bank                               Placements with other banks and Bank
             Indonesia merupakan penanaman dana dalam                         Indonesia represent placements in the form of
             bentuk Bank Indonesia Deposit Facility, Term                     Bank Indonesia Deposit Facility, Term Deposit,
             Deposit, Deposit Facility Syariah, call money,                   Sharia Deposit Facility, call money, “fixed-
             penempatan “fixed-term”, deposito berjangka                      term” placements, time deposits and others.
             dan lain-lain.

             Estimasi nilai wajar penyertaan saham                            The fair value for equity investment are based
             ditetapkan berdasarkan harga pasar atau                          on the market prices or broker/dealer price
             harga kuotasi perantara (broker). Jika                           quotations. When this information is not
             informasi ini tidak tersedia, nilai wajar                        available, the fair value is estimated using
             diestimasi dengan menggunakan harga pasar                        quoted market prices for securities with similar
             kuotasian yang serupa atau dinilai dengan                        characteristics or using valuation model.
             menggunakan metode penilaian.

             Nilai tercatat dari kas dan setara kas, serta                    The carrying amount of cash and cash
             penempatan        dengan     suku      bunga                     equivalents, as well as placements with
             mengambang adalah perkiraan yang layak                           floating rates are a reasonable approximation
             atas nilai wajar.                                                of fair value.




                                                       Halaman - 267 - Page
1478   Transforming the Future, Empowering Indonesia
Page 878
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

52. NILAI WAJAR      ASET            DAN      LIABILITAS         52. FAIR VALUE OF FINANCIAL ASSETS AND
    KEUANGAN (lanjutan)                                              LIABILITIES (continued)

    (i)   Giro pada Bank Indonesia, giro pada bank lain,             (i)   Current accounts with Bank Indonesia, current
          penempatan pada bank lain dan Bank                               accounts with other banks, placements with
          Indonesia, efek-efek, wesel ekspor dan                           other banks and Bank Indonesia, marketable
          tagihan lainnya, efek-efek yang dibeli dengan                    securities, bills and other receivables,
          janji dijual kembali, penyertaan saham, tagihan                  securities purchases under agreements to
          akseptasi dan aset lain-lain: (lanjutan)                         resell and other assets, equity investments,
                                                                           acceptance receivables and other assets:
                                                                           (continued)

          Estimasi nilai wajar terhadap penempatan                         The estimated fair values of fixed interest
          dengan suku bunga tetap, efek-efek, wesel                        bearing placements, marketable securities,
          ekspor dan tagihan lainnya, tagihan akseptasi                    bills and other receivables, acceptance
          dan aset lain-lain ditetapkan berdasarkan                        receivables and other assets were based on
          diskonto arus kas dengan menggunakan suku                        discounted cash flows using prevailing money
          bunga pasar uang yang berlaku untuk utang                        market interest rates for debts with similar
          dengan risiko kredit dan sisa jatuh tempo yang                   credit risk and remaining maturity. Since the
          serupa. Karena sisa jatuh tempo di bawah satu                    maturity is less than one year, the carrying
          tahun sehingga nilai tercatat dari penempatan                    amounts of fixed rate placements, bills and
          dengan suku bunga tetap, wesel ekspor dan                        other receivables, securities purchased under
          tagihan lainnya, efek-efek yang dibeli dengan                    agreements to resell, acceptance receivables
          janji untuk dijual kembali, tagihan akseptasi                    and other assets were a reasonable
          dan aset lain-lain adalah perkiraan yang layak                   approximation of their fair value.
          atas nilai wajar.

    (ii) Pinjaman yang diberikan                                     (ii) Loans

          Portofolio kredit Bank secara umum terdiri dari                  Generally, the Bank’s portfolio consists of
          pinjaman yang diberikan dengan suku bunga                        loans with floating interest rate and short-term
          mengambang dan pinjaman yang diberikan                           loans with fixed interest rate. Loans are stated
          jangka pendek dengan suku bunga tetap.                           at amortised cost. The estimated fair value of
          Pinjaman      yang     diberikan  dinyatakan                     loans represents the discounted amount of
          berdasarkan amortised cost. Nilai wajar dari                     estimated future cash flows expected to be
          pinjaman yang diberikan menunjukkan nilai                        received by the Bank using the current market
          diskon dari perkiraan arus kas masa depan                        rates.
          yang diharapkan akan diterima oleh Bank
          dengan menggunakan suku bunga pasar saat
          ini.

          Nilai tercatat dari pinjaman yang diberikan                      The carrying amount of floating rate loans and
          dengan suku bunga mengambang dan nilai                           short-term fixed rate loans are the reasonable
          tercatat atas pinjaman jangka pendek dengan                      approximation of their fair values.
          suku bunga tetap adalah perkiraan yang layak
          atas nilai wajar.

    (iii) Liabilitas segera, simpanan nasabah dan                    (iii) Obligations due immediately, deposits from
          simpanan dari bank lain, liabilitas akseptasi                    customers and deposits from other banks,
          dan liabilitas lain-lain                                         acceptance payables and other liabilities

          Estimasi nilai wajar liabilitas segera, simpanan                 The estimated fair value of obligations due
          tanpa jatuh tempo, termasuk simpanan tanpa                       immediately, deposits with no stated maturity,
          bunga adalah sebesar jumlah yang harus                           which include non-interest bearing deposits,
          dibayarkan kembali sewaktu-waktu.                                are the amounts repayable on demand.

          Estimasi nilai wajar terhadap simpanan                           The estimated fair values of fixed interest-
          dengan tingkat suku bunga tetap dan liabilitas                   bearing deposits and acceptance payables are
          akseptasi ditetapkan berdasarkan diskonto                        based on discounted cash flows using interest
          arus kas dengan menggunakan suku bunga                           rates for new debts with similar remaining
          utang baru dengan sisa jatuh tempo yang                          maturity. Since the maturity is below one year,
          serupa. Karena sisa jatuh tempo dibawah satu                     the carrying amounts of fixed rate deposits,
          tahun sehingga nilai tercatat dari simpanan                      acceptance payables and other liabilities are
          dengan suku bunga tetap, liabilitas akseptasi                    the reasonable approximation of their fair
          dan liabilitas lain-lain adalah perkiraan yang                   values.
          layak atas nilai wajar.


                                                    Halaman - 268 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1479
Page 879
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  52. NILAI WAJAR      ASET              DAN      LIABILITAS        52. FAIR VALUE OF FINANCIAL ASSETS AND
      KEUANGAN (lanjutan)                                               LIABILITIES (continued)

       (iv) Efek-efek dan Obligasi Pemerintah                           (iv) Marketable securities and Government Bonds

           Nilai wajar untuk efek-efek dan Obligasi                           The fair value for amortised cost marketable
           Pemerintah yang dimiliki hingga jatuh tempo                        securities and Government Bonds are based
           ditetapkan berdasarkan harga pasar atau                            on the market prices or broker/dealer price
           harga kuotasi perantara (broker)/pedagang                          quotations. When this information is not
           efek (dealer). Jika informasi ini tidak tersedia,                  available, the fair value is estimated using
           nilai wajar diestimasi dengan menggunakan                          quoted market prices for securities with similar
           harga pasar kuotasi efek yang memiliki                             credit, maturity and yield characteristics or
           karakteristik kredit, jatuh tempo dan yield yang                   using internal valuation model.
           serupa atau dinilai dengan menggunakan
           metode penilaian.

       (v) Efek-efek yang diterbitkan, pinjaman yang                    (v) Securities issued, borrowings, securities sold
           diterima, dan efek-efek yang dijual dengan                       under agreements to repurchase and
           janji dibeli kembali dan efek-efek subordinasi.                  subordinated securities.

           Nilai wajar agregat berdasarkan model                              Their aggregate fair values are based on
           diskonto arus kas menggunakan kurva yield                          discounted cash flow model using current yield
           terkini yang tepat untuk sisa periode jatuh                        curve appropriate for the remaining term to
           temponya.                                                          maturity.

  53. MANAJEMEN MODAL                                               53. CAPITAL MANAGEMENT

       Tujuan manajemen permodalan Bank adalah untuk                    The Bank’s capital management objective is to
       mempertahankan posisi modal yang kuat untuk                      maintain a strong capital position to support
       mendukung      pertumbuhan        bisnis     dan                 business growth and to maintain investor,
       mempertahankan investor, deposan, pelanggan                      depositor, customer and market confidence. In
       dan kepercayaan pasar. Dalam pengelolaan                         managing its capital, the Bank considers factors
       permodalan, Bank mempertimbangkan faktor-faktor                  such as: providing optimal capital rate of return to
       seperti: pengembalian modal yang optimal pada                    shareholders, maintaining a balance between high
       pemegang saham, menjaga keseimbangan antara                      return gearing ratio and safety provided by a sound
       keuntungan yang lebih tinggi dengan gearing ratio                capital position.
       serta keamanan yang diberikan oleh posisi modal
       yang sehat.

       Informasi tambahan manajemen modal yang                          The following additional information capital
       merupakan informasi yang disyaratkan oleh                        management that is required by applicable
       regulasi yang berlaku dan bukan/tidak merupakan                  regulations and is not required by Indonesian
       informasi yang dipersyaratkan oleh Standar                       Accounting Standards is disclosed in Note 59o.
       Akuntansi Indonesia diungkapkan pada Catatan
       59o.


  54. AKTIVITAS JASA LAINNYA                                        54. OTHER ACTIVITIES

       BNI     menyediakan        jasa   kustodi,  trustee,             BNI provides custodian, trustee, investment
       pengelolaan investasi dan reksadana kepada                       management and mutual fund services to third
       pihak-pihak ketiga. Aset yang terdapat dalam                     parties. Assets that are held in other activities are
       aktivitas jasa lainnya tidak termasuk dalam laporan              not included in these        consolidated financial
       keuangan konsolidasian ini. Jumlah komisi yang                   statements. Total fees received from these
       diterima dari pemberian jasa ini adalah masing-                  services amounted to Rp82,345 and Rp94,343 for
       masing sebesar Rp82.345 dan Rp94.343 untuk                       the year ended 31 December 2024 and 2023,
       tahun yang berakhir pada tanggal-tanggal                         respectively.
       31 Desember 2024 dan 2023.




                                                       Halaman - 269 - Page
1480   Transforming the Future, Empowering Indonesia
Page 880
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

54. AKTIVITAS JASA LAINNYA (lanjutan)                            54. OTHER ACTIVITIES (continued)

    Kegiatan Jasa Kustodian                                          Custodian Services

    Jasa Kustodian BNI mendapat izin operasi oleh                    BNI Custodian Services has obtained an operating
    Bapepam      dan     LK    berdasarkan     Surat                 license based on the Decision Letter of Bapepam
    Keputusan No. KEP-162/PM/1991 tertanggal                         and LK No. KEP-162/PM/1991 dated 9 December
    9 Desember 1991. Kustodian BNI merupakan                         1991. BNI’s Custodian Department, which is part of
    bagian dari Divisi Operasional, dimana jasa-jasa                 the Operational Division, provides a full range of
    yang ditawarkan adalah sebagai berikut:                          custodian services such as:

    a.   Penyimpanan (safekeeping) dan administrasi                  a.    Safekeeping and administration of marketable
         (administration) atas efek-efek maupun                            securities and other valuable assets;
         dokumen berharga lainnya;
    b.   Penyelesaian transaksi (settlement) jual dan                b.    Settlement and handling services for script and
         beli efek berbentuk warkat (script) maupun                        scriptless trading transactions;
         tanpa warkat (scriptless);
    c.   Pengurusan       hak-hak     nasabah     atas               c.    Corporate action services related to the rights
         kepemilikan efek-efek yang disimpan sehingga                      of the marketable securities;
         hak tersebut efektif di rekening nasabah
         (corporate action);
    d.   Perwalian (proxy) pada Rapat Umum                           d.    Proxy services for its customers’ shareholder
         Pemegang Saham dan Rapat Umum                                     meetings and bond holder meetings;
         Pemegang Obligasi;
    e.   Penyampaian       laporan   (reporting)  dan                e.    Generate reports and information regarding
         informasi (information) yang terkait dengan                       customers’ marketable securities which are
         efek-efek dan/atau dokumen berharga milik                         kept and administered by BNI’s custodian
         nasabah yang disimpan dan diadministrasikan                       department.
         oleh Kustodian BNI.

    Untuk memenuhi kebutuhan investor dalam                          In order to fulfill the investors’ needs in investing in
    melakukan investasi pada berbagai instrumen efek-                various marketable securities and instruments,
    efek, Kustodian BNI memfasilitasinya dengan                      BNI’s Custodian Operations facilitates various
    menyediakan beragam layanan:                                     services as follows:

    a.   Kustodian umum untuk melayani investor yang                 a.    General custodian which provides services to
         melakukan investasi pada instrumen pasar                          investors investing in capital markets or money
         modal dan pasar uang di Indonesia;                                markets in Indonesia;

    b.   Sub-Registry untuk melayani investor yang                   b.    Sub-Registry service provider for settlement
         melakukan transaksi dan investasi pada Surat                      of Government Debenture Debt (SUN - either
         Utang Negara (SUN - Obligasi Pemerintah                           Government Bonds or Surat Perbendaharaan
         atau Surat Perbendaharaan Negara) serta                           Negara) and SBI transactions;
         Sertifikat Bank Indonesia (SBI);

    c.   Kustodian reksadana (mutual fund) dan                       c.    Custodian for mutual funds and discretionary
         kontrak pengelolaan dana (discretionary fund)                     funds issued and managed by investment
         yang diterbitkan dan dikelola oleh manajer                        manager;
         investasi;

    d.   Kustodian Euroclear bagi nasabah yang akan                  d.    Euroclear Custodian for customer who is
         melakukan     investasi   dan    penyelesaian                     conducting investment and settlement of
         transaksi efek-efek yang tercatat di Euroclear                    securities transactions listed in Euroclear
         Operations Centre, Brussels. Kustodian BNI                        Operations Center, Brussels. BNI Custodian is
         merupakan anggota langsung dari Euroclear.                        a direct member of Euroclear.

    Pada tanggal-tanggal 31 Desember 2024 dan                        As of 31 December 2024 and 2023. BNI’s
    2023, Kustodian BNI memiliki 173 nasabah dan                     custodians operations has 173 customers and 189
    189 nasabah (tidak diaudit). Nasabah utama terdiri               customers      (unaudited),     respectively.    The
    dari dana pensiun, perusahaan asuransi, bank,                    customers are primarily pension funds, insurance
    yayasan, perusahaan sekuritas, reksadana,                        companies,      banks,     foundations,    securities
    institusi/ badan hukum lain dan perseorangan. Nilai              companies,mutual funds, other institution/ legal
    portofolio     yang   disimpan     pada    tanggal               entities and individual customers with total portfolio
    31 Desember 2024 dan 2023 adalah masing-                         value as of 31 December 2024 and 2023 amounted
    masing        sebesar      Rp276.777.612      dan                to      Rp276,777,612       and     Rp261,346,086,
    Rp261.346.086 (tidak diaudit).                                   respectively (unaudited).



                                                    Halaman - 270 - Page                             2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1481
Page 881
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  54. AKTIVITAS JASA LAINNYA (lanjutan)                             54. OTHER ACTIVITIES (continued)

       Kegiatan Jasa Kustodian (lanjutan)                               Custodian Services (continued)

       BNI mengasuransikan portofolio nasabah yang                      BNI carries insurance on custodian services
       disimpan di Kustodian   terhadap kemungkinan                     against potential losses from safekeeping and
       kerugian yang timbul dari penyimpanan dan                        transit of securities in accordance with OJK,
       pemindahan efek-efek sesuai dengan ketentuan                     previously Bapepam and LK regulation.
       OJK, dahulu Bapepam dan LK.

       Kegiatan Wali Amanat                                             Trust Operations

       BNI mendapat izin operasi untuk kegiatan wali                    BNI has obtained the operating license for trustee
       amanat      berdasarkan     Surat   Keputusan                    services based on Decision Letter of Capital
       Badan Pengawas Pasar Modal dan Lembaga                           Market and Financial Institutions Supervisory
       Keuangan No. 01/STTD-WA/PM/1996 tertanggal                       Agency    No.    01/STTD-WA/PM/1996          dated
       27 Maret 1996. Jasa-jasa yang ditawarkan oleh                    27 March 1996. The Trustee Services Business
       wali amanat adalah sebagai berikut:                              (TSB) provides a full range of the following
                                                                        services:

       a.   Jasa Wali Amanat untuk obligasi dan medium-                 a.    Trustee for bond and medium-term notes
            term notes (MTN)                                                  (MTN)
       b.   Jasa Agen Pengelola Rekening Penampungan                    b.    Escrow Account Agent
       c.   Jasa Agen Pembayaran                                        c.    Paying Agent
       d.   Jasa Penampungan Dana IPO                                   d.    Initial Public Offering / IPO Receiving Bank
       e.   Jasa Agen Penjaminan                                        e.    Security Agent

       BNI selaku Wali Amanat, telah mengelola 117                      BNI as a Trustee, has 117 bonds and MTN issued
       emisi dengan nilai emisi (obligasi dan MTN)                      amounting to Rp25,814,067 as of 31 December
       sebesar Rp25.814.067 pada tanggal 31 Desember                    2024 and 63 bonds and MTN issued amounting to
       2024 dan 63 emisi dengan nilai emisi (obligasi dan               Rp31,051,866 as of 31 December 2023
       MTN) sebesar Rp31.051.866 pada tanggal                           (unaudited).
       31 Desember 2023 (tidak diaudit).


  55. KREDIT KELOLAAN                                               55. CHANNELLING LOANS

       BNI mengelola dana yang langsung dikeluarkan                     BNI administers loans directly disbursed by the
       oleh Pemerintah Republik Indonesia (didanai oleh                 Government of the Republic of Indonesia (financed
       kreditur luar negeri) yang ditujukan kepada                      by overseas creditors) to the borrowers of certain
       penerima pinjaman untuk keperluan pembiayaan                     specified projects. These borrowers are approved
       proyek tertentu. Penerima pinjaman ini telah                     by the Government of the Republic of Indonesia.
       disetujui oleh Pemerintah Republik Indonesia.                    Payments received by BNI from borrowers are
       Pembayaran yang diterima oleh BNI dari penerima                  remitted back to the Government. BNI bears no
       pinjaman dikembalikan lagi ke Pemerintah. BNI                    credit risk on these transactions. These loans are
       tidak menanggung risiko kredit atas transaksi-                   not the assets of BNI and funds received from the
       transaksi tersebut. Pinjaman tersebut bukan                      Government of Republic of Indonesia are not the
       merupakan aset BNI dan dana yang diterima dari                   liabilities of BNI. These loans are not recognised in
       Pemerintah Republik Indonesia bukan merupakan                    BNI’s consolidated financial statements. BNI
       liabilitas BNI. Pinjaman tersebut tidak dibukukan                receives fees for administering the loans of 0.25%
       dalam laporan keuangan konsolidasian BNI. BNI                    from the average of loans outstanding balance in
       memperoleh       pendapatan    atas   pengelolaan                Rupiah and 0.15% of the average of loan
       pinjaman tersebut sebesar 0,25% dari rata-rata                   outstanding balance in United States Dollar.
       saldo baki debet pinjaman dalam mata uang
       Rupiah dan 0,15% dari rata-rata saldo baki debet
       pinjaman dalam mata uang Dolar Amerika Serikat.




                                                       Halaman - 271 - Page
1482   Transforming the Future, Empowering Indonesia
Page 882
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                      FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                      31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

55. KREDIT KELOLAAN (lanjutan)                                      55. CHANNELLING LOANS (continued)

    Jumlah kredit yang dikelola oleh BNI atas nama                       Following is the outstanding loans balance
    Pemerintah    tersebut   pada    tanggal-tanggal                     administered by BNI on behalf of the Government
    31 Desember 2024 dan 2023 adalah sebagai                             as of 31 December 2024 and 2023:
    berikut:

                                                    2024                  2023

    Sektor                                                                                                                        Sector
    Listrik, gas dan air                                    4,098                  4,098                      Electricity, gas and water
    Pertanian                                               2,876                  2,876                                      Agriculture
    Pengangkutan, pergudangan                                                                            Transportation, warehouse and
       dan komunikasi                                       2,747                  2,747                             communications
    Perdagangan, restoran dan hotel                         2,258                  2,259                   Trading, restaurant and hotel
    Jasa pelayanan sosial                                   1,876                  1,876                                  Social services
    Jasa dunia usaha                                        1,680                  1,680                              Business services
    Perindustrian                                           1,125                  1,125                                   Manufacturing
    Konstruksi                                                  6                      6                                    Construction
    Lain-lain                                               9,399                  9,402                                          Others

    Total                                                  26,065                26,069                                               Total



56. TAMBAHAN INFORMASI ARUS KAS                                     56. SUPPLEMENTARY CASH FLOW INFORMATION

    Perubahan pada liabilitas yang timbul dari aktivitas                 Changes in liabilities arising from financing
    pendanaan pada laporan arus kas konsolidasian                        activities in the consolidated cash flow statement
    adalah sebagai berikut:                                              are as follows:

                                     1 Januari/     Arus kas/       Lain-lain/        31 Desember/
                                   January 2024     Cash flow        Others          December 2024

    Pinjaman yang diterima            30,949,608     12,424,936         (443,100)           42,931,444                        Borrowings
    Efek-efek yang dijual dengan                                                                                    Securities sold under
       janji dibeli kembali            6,891,177      8,430,894          568,874            15,890,945       agreements to repurchase
    Efek-efek yang diterbitkan         4,893,357      8,187,500         (106,360)           12,974,497                 Securities issued
    Efek-efek subordinasi             16,928,731              -          770,453            17,699,184            Subordinated securities
    Saham treasuri                      (179,960)             -          179,960                     -                  Treasury Shares
    Pembayaran Dividen                         -    (10,454,738)      10,454,738                     -             Payment of dividends
    Pembayaran liabilitas sewa         1,287,369       (870,149)         586,993             1,004,213         Payment of lease liabilities

                                      60,770,282     17,718,443       12,011,558            90,500,283


                                     1 Januari/     Arus kas/       Lain-lain/        31 Desember/
                                   January 2023     Cash flow        Others          December 2023

    Pinjaman yang diterima            35,654,206      (3,661,311)     (1,043,287)           30,949,608                        Borrowings
    Efek-efek yang dijual dengan                                                                                    Securities sold under
       janji dibeli kembali            2,885,286       4,011,546          (5,655)            6,891,177       agreements to repurchase
    Efek-efek yang diterbitkan         4,896,875               -          (3,518)            4,893,357                 Securities issued
    Efek-efek subordinasi             17,213,150               -        (284,419)           16,928,731            Subordinated securities
    Saham treasuri                             -        (179,960)              -              (179,960)                 Treasury Shares
    Pembayaran dividen                         -      (7,324,821)      7,324,821                     -              Payment of dividend
    Pembayaran liabilitas sewa         1,146,127        (240,769)        382,011             1,287,369         Payment of lease liabilities

                                      61,795,644      (7,395,315)      6,369,953            60,770,282




                                                    Halaman - 272 - Page                                     2024 Annual Report
                                                                                           PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                         1483
Page 883
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  57. ANALISIS KUALITAS KREDIT                                      57. 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 pada                  When determining whether the risk of default on
       instrumen keuangan telah meningkat secara                         financial instruments has increased significantly
       signifikan     sejak   pengakuan    awal,    Bank                 since initial recognition, the Bank considers
       mempertimbangkan informasi yang wajar dan                         reasonable and supported relevant information
       terdukung, serta relevan yang tersedia tanpa biaya                that is available without excessive costs or efforts.
       atau upaya yang berlebihan. Hal tersebut                          This includes quantitative and qualitative
       mencakup informasi dan analisa kuantitatif dan                    information and analysis, based on historical
       kualitatif, berdasarkan pada pengalaman historis                  experience and credit expert assessments and
       dan penilaian pakar kredit dan termasuk perkiraan                 including forward-looking estimates.
       masa depan (forward-looking).

       Tujuan    dari   penilaian  ini  adalah    untuk                  The purpose of this assessment is to identify
       mengidentifikasi apakah peningkatan risiko kredit                 whether a significant increase in credit risk of
       secara signifikan atas eksposur telah terjadi                     exposure has occurred by comparing:
       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 diestimasi 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 di muka).                           expectations of prepayment).

       Bank menggunakan kriteria berikut dalam                          Bank use these criteria for determining whether
       menentukan apakah peningkatan risiko kredit                      there has been a significant increase in credit :
       secara signifikan atas eksposur telah terjadi:
       • pengujian kuantitatif berdasarkan perubahan                    •     quantitative test based on movement in
           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
       risk grades berdasarkan variasi data yang                        grades based on a variety of data that is
       ditentukan dapat memprediksi risiko gagal bayar                  determined to predict the risk of default and apply
       dan menerapkan pengalaman atas kredit. Credit                    credit experience judgement. Credit risk grades are
       risk grades ditetapkan menggunakan faktor                        determined using qualitative and quantitative
       kualitatif    dan     kuantitatif   yang    dapat                factors that can indicate the risk of default. These
       mengindikasikan risiko gagal bayar. Faktor-faktor                factors vary depending on the nature of the
       ini bervariasi tergantung pada sifat eksposur dan                exposure and the type of borrower.
       jenis peminjam.

       Credit risk grades ditetapkan dan dikalibrasi                    Credit risk grades are determined and calibrated in
       sedemikian rupa sehingga risiko terjadinya gagal                 such a way that the risk of default is increasing
       bayar meningkat secara eksponensial seiring                      exponentially as credit risk rating decreases, for
       dengan penurunan rating risiko kredit, sebagai                   example, the difference between credit risk rating
       contoh, selisih antara credit risk rating grades 1               grades 1 and 2 is smaller than the difference
       dan 2 lebih kecil dari pada selisih antara credit risk           between credit risk rating grades 2 and 3.
       rating grades 2 dan 3.

       Setiap eksposur dialokasikan ke credit risk grades               Each exposure is allocated to credit risk grades at
       pada pengakuan awal berdasarkan informasi yang                   initial recognition based on available information
       tersedia tentang peminjam. Eksposur ini dipantau                 about the borrower. This exposure is monitored on
       secara berkelanjutan, dan dapat mengakibatkan                    an ongoing basis, and can result in the exposure
       eksposur dipindahkan ke credit risk grades yang                  being transferred to different credit risk grades.
       berbeda. Pemantauan biasanya menggunakan                         Monitoring usually uses the following data:
       data berikut: laporan keuangan, penggunaan                       financial statements, use of credit facilities and
       fasilitas kredit, dan estimasi kondisi ekonomi.                  estimates of economic conditions.




                                                       Halaman - 273 - Page
1484   Transforming the Future, Empowering Indonesia
Page 884
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

57. ANALISIS KUALITAS KREDIT (lanjutan)                          57. CREDIT QUALITY ANALYSIS (continued)

    Pengukuran       Kerugian     Kredit   Ekspektasian              Measurement       of    Expected      Credit     Losses
    (lanjutan)                                                       (continued)

    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 determining
    penentuan struktur PD term structure atas                        the PD term structure of the exposure. The Bank
    eksposur. Bank mengumpulkan informasi kinerja                    collects performance and default information about
    dan gagal bayar tentang eksposur risiko kredit                   credit risk exposures, which are analyzed by
    yang dianalisa berdasarkan yurisdiksi atau wilayah               jurisdiction or region and by product and borrower
    dan menurut jenis produk dan peminjam serta                      type as well as credit risk assessment. For some
    penilaian risiko kredit. Untuk beberapa portofolio,              portfolios, information purchased from external
    informasi yang dibeli dari penilai kredit eksternal              credit analyst is also used.
    juga digunakan.

    Bank menggunakan model statistik untuk                           The Bank uses a statistical model to analyze the
    menganalisa data yang dikumpulkan dan                            collected data and produce an estimate of the
    menghasilkan perkiraan probability of default (PD)               probability of default (PD) for the remaining life and
    atas umur tersisa dan bagaimana hal ini                          how this is expected to change as a result of the
    diperkirakan akan berubah sebagai akibat dari                    passage of time.
    berlalunya waktu.

    Analisa ini mencakup identifikasi dan kalibrasi                  This analysis includes the identification and
    hubungan antara perubahan tingkat gagal bayar                    calibration of the relationship between changes in
    dan perubahan dalam faktor-faktor makro ekonomi                  default rates and changes in key macroeconomic
    utama serta analisa mendalam tentang dampak                      factors as well as an in-depth analysis of the
    faktor-faktor lain tertentu (misalkan restrukturisasi)           impact of other certain factors (e.g. restructuring)
    pada risiko gagal bayar. Untuk sebagian besar                    on the risk of default. For most exposures, the
    eksposur, indikator makro ekonomi utama meliputi:                main macroeconomic indicators include: GDP
    pertumbuhan PDB, suku bunga acuan, dan tingkat                   growth, benchmark interest rates, and the
    pengangguran. Untuk eksposur pada industri                       unemployment rate. For exposures in certain
    dan/atau wilayah tertentu, analisa dapat mencakup                industries and/or regions, the analysis can include
    harga komoditas dan/atau harga properti yang                     commodity prices and/or relevant property prices.
    relevan.

    Penentuan Terjadinya          Peningkatan       Risiko           Determination of Significant Increase in Credit
    Kredit Secara Signifikan                                         Risk

    Bank mempergunakan sejumlah kriteria untuk                       Bank uses several criteria for determining that
    menentukan telah terjadi peningkatan risiko kredit               credit risk has increased significantly.
    secara signifikan.

    Kriteria tersebut ditetapkan menggunakan faktor                  The criteria are determined using qualitative and
    kuantitatif dan kualitatif termasuk penentuan                    quantitative factors including determination based
    berdasarkan status hari tunggakan yang dapat                     on arrear day status that can indicate significant
    mengindikasikan telah terjadi peningkatan risiko                 increase in credit risk since initial recognition.
    kredit yang signifikan terhadap saat awal diberikan.

    Bank dimungkinkan menggunakan penilaian dari                     The Bank can also use the judgment of credit
    analis kredit dan jika memungkinkan, pengalaman                  analysts and, if possible, relevant historical
    historis yang relevan, dalam menentukan bahwa                    experience, in determining that the exposure may
    eksposur     mungkin    saja   telah  mengalami                  have experienced a significant increase in credit
    peningkatan     risiko  kredit   yang  signifikan                risk based on certain qualitative indicators that are
    berdasarkan indikator kualitatif tertentu yang                   considered to indicate this and their effects may
    dianggap dapat mengindikasikan hal tersebut                      not be fully reflected in quantitative analysis in a
    dimana pengaruhnya mungkin belum sepenuhnya                      comprehensive manner on a timely manner.
    tercermin pada saat dilakukan analisis kuantitatif
    secara komprehensif dan tepat waktu.




                                                    Halaman - 274 - Page                             2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1485
Page 885
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  57. ANALISIS KUALITAS KREDIT (lanjutan)                           57. CREDIT QUALITY ANALYSIS (continued)

       Pengukuran       Kerugian      Kredit    Ekspektasian            Measurement        of   Expected     Credit    Losses
       (lanjutan)                                                       (continued)

       Penentuan Terjadinya Peningkatan                Risiko           Determination of Significant Increase in Credit
       Kredit Secara Signifikan (lanjutan)                              Risk (continued)

       Bank menentukan bahwa peningkatan risiko kredit                  The Bank determines that a significant increase in
       secara signifikan belum terjadi apabila masih                    credit risk has not occurred if it is still less than 30
       kurang dari 30 hari tunggakan. Hari tunggakan                    days in arrears. Arrear days are determined by
       ditentukan dengan menghitung jumlah hari sejak                   counting the number of days from the initial due
       tanggal jatuh tempo awal dimana pembayaran                       date where full payment has not been received.
       penuh belum diterima. Tanggal jatuh tempo                        The due date is determined without considering the
       ditentukan tanpa mempertimbangkan masa                           grace period that might be available to the
       tenggang yang mungkin tersedia bagi peminjam.                    borrower.

       Bank memantau efektivitas kriteria yang digunakan                The Bank monitors the effectiveness of the criteria
       dalam mengidentifikasi peningkatan risiko kredit                 used in identifying significant increases in credit
       yang signifikan dengan cara reviu berkala.                       risk by periodic review.

       Modifikasi Aset Keuangan                                         Modification of Financial Assets

       Ketentuan kontraktual pinjaman dapat dimodifikasi                Loan contractual terms can be modified for a
       untuk beberapa alasan, termasuk perubahan                        number of reasons, including changes in market
       kondisi pasar, retensi pelanggan dan faktor-faktor               conditions, customer retention and other factors
       lain yang tidak terkait dengan penurunan kredit                  not related to the current credit decline. Loans with
       saat ini. Pinjaman yang ketentuan kontraktualnya                 modified contractual terms can cause the initial
       dimodifikasi dapat menyebabkan pinjaman awal                     loan to be derecognized and recognized the
       dihentikan pengakuannya dan pinjaman hasil                       modified loan as a new loan at fair value.
       modifikasi diakui sebagai pinjaman baru pada nilai
       wajar.

       Ketika ketentuan kontraktual pinjaman dimodifikasi               When the contractual terms of the loan are
       dan tidak mengakibatkan penghentian pengakuan,                   modified and do not result in termination of
       penentuan terjadinya peningkatan risiko kredit                   recognition, determining the occurrence of a
       secara    signifikan   dilakukan   dengan    cara                significant increase in credit risk is done by
       membandingkan:                                                   comparing:
       •   Sisa PD sepanjang umur pada tanggal                          • PD remaining life at reporting date based on
           pelaporan berdasarkan ketentuan yang                             modified provision; with
           dimodifikasi; dengan
       •   Sisa PD sepanjang umur yang diestimasi                       •     Residual PD throughout the estimated age
           berdasarkan data pada saat pengakuan awal                          based on data at initial recognition and initial
           dan ketentuan kontraktual awal.                                    contractual provisions.

       Definisi Gagal Bayar (Default)                                   Definition of Failed Payment (Default)

       Grup menganggap aset keuangan dalam keadaan                      The Group considers financial assets as default
       default/gagal bayar ketika:                                      when:
       •   Debitur tidak mungkin membayar kewajiban                     • The debtor is unlikely to pay its credit
           kreditnya kepada secara penuh, tanpa                            obligation in full, without assistance (recourse)
           bantuan (recourse) dari Grup; atau                              from the Group; or
       •   Debitur telah melewati jatuh tempo lebih dari                • The debtors have past due more than 90 days
           90 hari atas kewajiban kredit material apapun                   for any material credit obligations to the
           kepada Grup.                                                    Group.




                                                       Halaman - 275 - Page
1486   Transforming the Future, Empowering Indonesia
Page 886
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

57. ANALISIS KUALITAS KREDIT (lanjutan)                          57. CREDIT QUALITY ANALYSIS (continued)

    Pengukuran       Kerugian     Kredit   Ekspektasian              Measurement         of     Expected   Credit     Losses
    (lanjutan)                                                       (continued)

    Definisi Gagal Bayar (Default) (lanjutan)                        Definition     of        Failed   Payment      (Default)
                                                                     (continued)

    Dalam menilai apakah debitur dalam keadaan                       In assessing whether a debtor is in default, the
    default/gagal bayar, Grup mempertimbangkan                       Group considers the following indicators:
    indikator berikut:
    •    Kualitatif seperti pelanggaran persyaratan                  •     Qualitative such as violations of the terms of
         perjanjian (covenants);                                           the agreement (covenants);
    •    Kuantitatif seperti status tunggakan; dan                   •     Quantitative such as arrears status; and
    •    Berdasarkan data yang dikembangkan secara                   •     Based on data developed internally and
         internal dan diperoleh dari sumber eksternal.                     obtained from external sources.

    Input, Asumsi, dan Teknik yang Digunakan                         Inputs, Assumptions, and Techniques Used in
    dalam Mengestimasi Penurunan Nilai                               Estimating Impairment

    Penggunaan informasi perkiraan masa depan                        Use of forward-looking information
    (forward-looking)

    Grup menggunakan informasi forward-looking                       The Group uses forward-looking information in
    dalam menilai apakah telah terjadinya peningkatan                assessing whether there has been a significant
    risiko kredit secara signifikan dan pengukuran                   increase in credit risk and measurement of
    kerugian kredit ekspektasian. Berdasarkan saran                  expected credit losses. Based on advice from the
    dari Komite Manajemen Risiko, pakar ekonomi dan                  Risk Management Committee, economists and
    pertimbangan berbagai informasi aktual dan                       consideration of various actual information and
    perkiraan eksternal, Grup merumuskan pandangan                   external forecast, the Group formulated a base
    dasar (base case) tentang pergerakan variabel                    case for the movement of relevant economic
    ekonomi yang relevan di masa depan serta                         variables in future as well as forecasts of other
    perkiraan skenario lain yang mungkin terjadi.                    possible scenarios. This process involves
    Proses ini meliputi pengembangan dua atau lebih                  developing two or more additional economic
    skenario       ekonomi        tambahan           dan             scenarios and considering the relative probabilities
    mempertimbangkan       probabilitas  relatif     dari            of the possible outputs. External information
    keluaran (output) yang mungkin. Informasi                        includes economic data and estimation published
    eksternal mencakup data ekonomi dan perkiraan                    by, such as government agencies and selected
    yang diterbitkan oleh, seperti badan pemerintah                  private sector analysts and academics.
    dan analis sektor swasta dan akademisi terpilih.

    Pandangan dasar (base case) mencerminkan                         The base case reflects the output with the highest
    keluaran dengan probabilitas yang paling tinggi dan              probability and is used in strategic planning and
    digunakan dalam perencanaan strategis dan                        budgeting. Another scenario, reflects more
    anggaran. Skenario yang lain, mencerminkan                       optimistic outputs and more pessimistic outputs.
    keluaran yang lebih optimis dan keluaran yang
    lebih pesimis.

    Pengukuran Kerugian Kredit Ekspektasian                          Measurement of Expected Credit Loss

    Input utama dalam pengukuran kerugian kredit                     The main inputs in measuring expected credit loss
    ekspektasian adalah variabel berikut :                           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).




                                                    Halaman - 276 - Page                             2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
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                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  57. ANALISIS KUALITAS KREDIT (lanjutan)                           57. CREDIT QUALITY ANALYSIS (continued)

       Input, Asumsi, dan Teknik yang Digunakan                         Inputs, Assumptions, and Techniques Used in
       dalam Mengestimasi Penurunan Nilai (lanjutan)                    Estimating Impairment (continued)

       Pengukuran       Kerugian      Kredit    Ekspektasian            Measurement        of    Expected       Credit   Loss
       (lanjutan)                                                       (continued)

       Parameter ini umumnya berasal dari model statistik               These parameters generally come from statistical
       yang dikembangkan secara internal dan data                       models that are developed internally and other
       historis lainnya. Parameter ini disesuaikan untuk                historical data. This parameter is adjusted to reflect
       mencerminkan informasi forward-looking.                          forward-looking information.

       Estimasi PD adalah estimasi pada tanggal tertentu,               PD estimation is an estimate on a certain date,
       yang dihitung berdasarkan model peringkat                        which is calculated based on a statistical ranking
       statistik, dan dinilai menggunakan rating yang                   model, and is assessed using a rating that is
       disesuaikan dengan berbagai kategori dari debitur                adjusted to various categories of debtors and
       dan eksposur. Model statistik ini didasarkan pada                exposures. This statistical model is based on data
       data yang disusun secara internal yang terdiri dari              compiled internally consisting of quantitative and
       faktor kuantitatif dan kualitatif.                               qualitative factors.

       LGD adalah besarnya kerugian jika terjadi gagal                  LGD is the amount of loss if there is a default. LGD
       bayar. Parameter LGD diestimasi secara historis                  parameters are historically estimated based on the
       berdasarkan tingkat pemulihan atas klaim terhadap                level of recovery of claims against debtors who
       debitur   yang     gagal     bayar.  Model    LGD                default. The LGD model considers the structure,
       mempertimbangkan struktur, jaminan, senioritas                   collateral, claim seniority, the debtor industry, and
       klaim, industri debitur, dan biaya pemulihan setiap              the cost of recovering any collateral that is an
       jaminan yang merupakan bagian integral dari aset                 integral part of a financial asset.
       keuangan.

       EAD merepresentasikan estimasi eksposur jika                     EAD represents the estimated exposure in case of
       terjadi gagal bayar. EAD suatu aset keuangan                     default. EAD of a financial asset is the gross
       adalah jumlah tercatat bruto. Untuk komitmen                     carrying amount. For loan commitments and
       pinjaman dan jaminan keuangan, EAD mencakup                      financial guarantees, EAD includes the amount
       jumlah yang telah ditarik, serta jumlah potensial di             that has been withdrawn, as well as potential future
       masa depan yang akan ditarik, yang diestimasi                    amounts to be withdrawn, which are estimated
       berdasarkan pengamatan historis dan perkiraan                    based on historical observations and forward-
       berwawasan ke depan (forward-looking).                           looking estimates.

       Ketika pemodelan parameter dilakukan secara                      When parameter modelling is done collectively,
       kolektif, instrumen keuangan dikelompokkan                       financial instruments are grouped according to the
       berdasarkan kesamaan karakteristik risiko yang                   similarity of risk characteristics which include:
       meliputi:
       •   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;
       •   industri; dan                                                •     industry; and
       •   lokasi geografis debitur.                                    •     debtor’s geographical location.




                                                       Halaman - 277 - Page
1488   Transforming the Future, Empowering Indonesia
Page 888
                                              PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                 DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                      FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                      31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                         (Expressed in millions of Rupiah, unless otherwise stated)

58. BEBAN TANGGUNG JAWAB SOSIAL DAN                                             58...TANGGUNG      JAWAB     SOSIAL                                         DAN
    LINGKUNGAN (TJSL)                                                                LINGKUNGAN (TJSL) EXPENSE

    Beban TJSL yang telah dibebankan pada laporan                                   TJSL expense that was charged to profit or loss
    laba rugi untuk periode yang berakhir pada tanggal                              amounted to Rp134,755 and Rp135,958 for the
    31 Desember 2024 dan 2023 adalah masing-                                        period ended 31 December 2024 and 2023,
    masing sebesar Rp134.755 dan Rp135.958.                                         respectively.


59. INFORMASI   TAMBAHAN     YANG    TIDAK                                      59...ADDITIONAL INFORMATION THAT IS NOT
    DIPERSYARATKAN      OLEH      STANDAR                                            REQUIRED BY INDONESIAN ACCOUNTING
    AKUNTANSI INDONESIA                                                              STANDARDS

    Informasi tambahan berikut yang disajikan dibawah                               The following additional information presented
    ini merupakan informasi yang disyaratkan oleh                                   below is information required by applicable
    regulasi yang berlaku dan bukan/tidak merupakan                                 regulations and is not information required by
    informasi yang dipersyaratkan oleh Standar                                      Indonesian Accounting Standards:
    Akuntansi Indonesia:

    a.   Giro pada Bank Indonesia                                                   a.     Current accounts with Bank Indonesia

         Bank dipersyaratkan untuk memiliki Giro Wajib                                     The Bank is required to maintain Minimum
         Minimum (GWM) dalam mata uang Rupiah                                              Statutory Reserves (GWM) in Rupiah for
         dalam kegiatannya sebagai bank umum, serta                                        conventional bank and Minimum Statutory
         GWM dalam mata uang asing dalam                                                   Reserves in foreign currencies for foreign
         kegiatannya melakukan transaksi mata uang                                         exchange transactions.
         asing.
         Pada tanggal 31 Desember 2024 dan 2023,                                           As of 31 December 2024 and 2023, the Bank's
         Giro Wajib Minimum (GWM) Bank telah sesuai                                        Minimum Statutory Reserve complied with
         dengan Peraturan Bank Indonesia (PBI) No.                                         Bank Indonesia (BI) Regulation PBI No.
         24/4/PBI/2022 tanggal 1 Maret 2022 tentang                                        24/4/PBI/2022 dated 1 March 2022 and
         Giro Wajib Minimum Bank Umum Dalam                                                Regulation of Members of The Board of
         Rupiah dan Valuta Asing Bagi Bank Umum                                            Governors (PADG) No. 24/8/PADG/2022
         Konvensional dan Peraturan Anggota Dewan                                          dated 30 June 2022 concerning Minimum
         Gubernur (PADG) No. 24/8/PADG/2022                                                Statutory Reserve of Commercial Banks with
         tanggal 30 Juni 2022, yang masing-masing                                          BI in Rupiah and foreign currency, which are
         sebesar:                                                                          as follows:
                                                                       2024               2023
         Rupiah                                                                                                                                     Rupiah
          - GWM Primer                                                 6.40%              6.80%                             Primary Statutory Reserve -
            Harian*)                                                   0.00%              0.00%                                                Daily*)
            Rata-rata*)                                                6.40%              6.80%                                            Average*)
          - PLM**)                                                     5.00%              5.00%                                               MPLB**) -
         Mata uang asing                                               4.00%              4.00%                                         Foreign Currencies
            Harian                                                     2.00%              2.00%                                                   Daily
            Rata-rata                                                  2.00%              2.00%                                                Average

         *)    Berdasarkan PADG Nomor 12 Tahun 2023 tanggal 27                            *)     Based on PADG No. 12/2023 dated 27 September 2023, Bank
               September 2023, Bank mendapatkan insentif berupa                                  gets incentives in the form of relaxation of the Statutory Reserves
               kelonggaran GWM dalam Rupiah pada 31 Desember 2024                                in Rupiah on 31 December 2024 amounting to 2.60% because
               sebesar 2,60% karena Bank melakukan penyediaan dana untuk                         Bank provides funds for certain and inclusive economic activities.
               kegiatan ekonomi tertentu dan inklusif. GWM dalam Rupiah yang                     The Statutory Reserves in Rupiah that must be fulfilled by the
               harus dipenuhi Bank pada 31 Desember 2024 yang seharusnya                         Bank on 31 December 2024 which should be 9.00% with daily
               sebesar 9,00% dengan ketentuan harian 0,00% dan rata-rata                         provisions of 0.00% and an average of 9.00% become 6.40%
               9,00% menjadi sebesar 6,40% dengan ketentuan harian 0,00%                         with daily provisions of 0.00% and an average of 6.40%.
               dan rata-rata 6,40%.
         **)   Berdasarkan PADG Nomor 18 Tahun 2023 tanggal 29 November                   **)    Based on PADG No. 18/2023 dated 29 November 2023, the
               2023,     kebijakan    pemenuhan        Penyangga   Likuiditas                    policy regarding fulfillment of Macroprudential Liquidity Buffer
               Makroprudensial (PLM) ditetapkan sebesar 5,00%.                                   (MPLB) is set at 5.00%.




                                                                   Halaman - 278 - Page                                    2024 Annual Report
                                                                                                         PT Bank Negara Indonesia (Persero) Tbk
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Page 889
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                 FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  59. INFORMASI   TAMBAHAN        YANG    TIDAK                     59...ADDITIONAL INFORMATION THAT IS NOT
      DIPERSYARATKAN       OLEH        STANDAR                           REQUIRED BY INDONESIAN ACCOUNTING
      AKUNTANSI INDONESIA (lanjutan)                                     STANDARDS (continued)

       Informasi tambahan berikut yang disajikan dibawah                The following additional information presented
       ini merupakan informasi yang disyaratkan oleh                    below is information required by applicable
       regulasi yang berlaku dan bukan/tidak merupakan                  regulations and is not information required by
       informasi yang dipersyaratkan oleh Standar                       Indonesian Accounting Standards: (continued)
       Akuntansi Indonesia: (lanjutan)

       a.   Giro pada Bank Indonesia (lanjutan)                         a.     Current accounts with Bank Indonesia
                                                                               (continued)

            Giro Wajib Minimum (GWM) adalah simpanan                           Minimum Statutory Reserve is a minimum
            minimum yang wajib dipelihara oleh Bank                            reserve that should be maintained by the Bank
            dalam bentuk saldo Rekening Giro pada Bank                         in Current Accounts with Bank Indonesia.
            Indonesia.        Penyangga         Likuiditas                     Macroprudential Liquidity Buffer (MPLB) are
            Makroprudensial (PLM) adalah cadangan                              the minimum reserves that should be
            minimum yang wajib dipelihara oleh Bank                            maintained by the Bank which comprised of
            berupa Sertifikat Bank Indonesia (SBI),                            Certificates of Bank Indonesia (SBI),
            Sertifikat Deposito Bank Indonesia (SDBI),                         Certificates Deposit of Bank Indonesia (SDBI),
            Sukuk Bank Indonesia (SukBI) dan/atau Surat                        Sukuk of Bank Indonesia (SukBI), and/or
            Berharga Negara (SBN). Giro RIM adalah                             Government Securities (SBN). RIM Current
            tambahan simpanan minimum yang wajib                               Account is an additional reserve that should be
            dipelihara oleh Bank dalam bentuk saldo                            maintained by the Bank in the form of Current
            Rekening Giro pada Bank Indonesia.                                 Accounts with Bank Indonesia. Based on
            Berdasarkan PADG No. 23/7/PADG/2021                                PADG No. 23/7/PADG/2021 dated 26 April
            tanggal 26 April 2021, besaran dan parameter                       2021, the amount and parameters used in
            yang digunakan dalam pemenuhan Giro RIM                            fulfilling RIM Current Account are the lower
            adalah batas bawah target sebesar 84% dan                          target limit of 84% and the upper target limit of
            batas atas target sebesar 94% dengan                               94% with a Capital Adequacy Ratio (CAR)
            Kewajiban Penyediaan Modal Minimum                                 incentive of 14%.
            (KPMM) insentif sebesar 14%.

            Rasio Giro Wajib Minimum untuk rekening                            The ratio of the Minimum Statutory Reserve
            Rupiah dan mata uang asing pada tanggal 31                         requirement    for its Rupiah and foreign
            Desember 2024 dan 2023 masing-masing                               currencies accounts as of 31 December 2024
            sebesar:                                                           and 2023, are as follows:
                                                         2024                 2023
            Rupiah                                                                                                         Rupiah
             - GWM Primer                                6.51%                9.53%                 Primary Statutory Reserve -
               Harian                                    0.00%                0.00%                                       Daily
               Rata-rata                                 6.51%                9.53%                                    Average
             - PLM                                      14.77%               15.05%                                    MPLB -
            Mata uang asing                              4.01%                4.01%                             Foreign currencies
               Harian                                    2.00%                2.00%                                       Daily
               Rata-rata                                 2.01%                2.01%                                    Average

            BNI telah memenuhi ketentuan Bank                                  BNI has complied with the Bank Indonesia
            Indonesia tentang Giro Wajib Minimum pada                          regulations regarding the Minimum Statutory
            tanggal 31 Desember 2024 dan 2023.                                 Reserve as of 31 December 2024 and
                                                                               2023.

            Pengungkapan lebih lanjut pada giro pada                           The further disclosures on current accounts
            Bank Indonesia diungkapkan pada Catatan 5.                         with Bank Indonesia are presented in Note 5.

       b.   Giro pada bank lain                                         b.     Current accounts with other banks

            Berdasarkan kolektibilitas sesuai Peraturan                        By Financial       Service    Authority      Rule
            OJK                                                                collectibility

            Seluruh giro pada bank lain pada tanggal-                          All current accounts with other banks as of
            tanggal 31 Desember 2024 dan 2023                                  31 December 2024 and 2023 are classified as
            diklasifikasikan lancar.                                           current.

            Pengungkapan lebih lanjut pada giro pada                           The further disclosures on current accounts
            bank lain diungkapkan pada Catatan 6.                              with other banks are presented in Note 6.



                                                       Halaman - 279 - Page
1490   Transforming the Future, Empowering Indonesia
Page 890
                                                PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                   DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                                   FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                     (Expressed in millions of Rupiah, unless otherwise stated)

59. INFORMASI   TAMBAHAN        YANG    TIDAK                                            59...ADDITIONAL INFORMATION THAT IS NOT
    DIPERSYARATKAN       OLEH        STANDAR                                                  REQUIRED BY INDONESIAN ACCOUNTING
    AKUNTANSI INDONESIA (lanjutan)                                                            STANDARDS (continued)

    Informasi tambahan berikut yang disajikan dibawah                                           The following additional information presented
    ini merupakan informasi yang disyaratkan oleh                                               below is information required by applicable
    regulasi yang berlaku dan bukan/tidak merupakan                                             regulations and is not information required by
    informasi yang dipersyaratkan oleh Standar                                                  Indonesian Accounting Standards: (continued)
    Akuntansi Indonesia: (lanjutan)

    c.   Penempatan pada bank lain dan Bank                                                     c.     Placements with other banks and Bank
         Indonesia                                                                                     Indonesia

         Berdasarkan kolektibilitas sesuai Peraturan                                                   By Financial                  Service          Authority           Rule
         OJK                                                                                           collectibility

         Seluruh penempatan pada bank lain dan Bank                                                    All placements with other banks and Bank
         Indonesia pada tanggal-tanggal 31 Desember                                                    Indonesia as of 31 December 2024 and
         2024 dan 2023 diklasifikasikan sebagai lancar.                                                2023 are classified as current.

         Pengungkapan lebih lanjut pada penempatan                                                     The further disclosures on placement with
         pada bank lain dan Bank Indonesia                                                             other banks and Bank Indonesia are presented
         diungkapkan pada Catatan 7.                                                                   in Note 7.

    d.   Efek-efek                                                                              d.     Marketable securities

         Berdasarkan kolektibilitas sesuai Peraturan                                                   By Financial                  Service          Authority           Rule
         OJK                                                                                           collectibility

                                                                 2024                                              2023
                                                                        Cadangan                                           Cadangan
                                                                         kerugian                                           kerugian
                                                                     penurunan nilai/                                   penurunan nilai/
                                                   Pokok/             Allowance for              Pokok/                  Allowance for
                                                  Principal         impairment losses           Principal              impairment losses

         Lancar                                     48,210,907                      (273)            36,873,566                         (151)                         Current
         Kurang lancar*)                               316,989                         -                291,324                            -                    Substandard*)
         Macet                                               -                         -                242,790                     (242,790)                           Loss
                                                    48,534,346                      (273)            37,407,680                     (242,941)

         ΎͿ                                                                                         ΎͿ 
                  Cadangan kerugian penurunan nilai pada efek-efek dengan                                     Allowance for impairment losses on marketable securities
                  klasifikasi nilai wajar melalui penghasilan komprehensif lain                               classified    as    fair  value    through      other  comprehensive
                  dicatat pada penghasilan komprehensif lain, karena nilai                                    income     is    recorded     in   other     comprehensive   income,
                  tercatatnya disajikan sebesar nilai wajarnya.                                               because the carrying value is presented at fair value.


         Pengungkapan lebih lanjut pada efek-efek                                                      The further disclosures on marketable
         diungkapkan pada Catatan 8.                                                                   securities are presented in Note 8.

    e.   Wesel ekspor dan tagihan lainnya                                                       e.     Bills and other receivables

         Berdasarkan kolektibilitas sesuai Peraturan                                                   By Financial                  Service          Authority           Rule
         OJK                                                                                           collectibility

                                                                 2024                                              2023
                                                                        Cadangan                                           Cadangan
                                                                         kerugian                                           kerugian
                                                                     penurunan nilai/                                   penurunan nilai/
                                                   Pokok/             Allowance for              Pokok/                  Allowance for
                                                  Principal         impairment losses           Principal              impairment losses

         Lancar                                     13,295,854                    (52,828)           19,277,495                     (278,501)                            Current

                                                    13,295,854                    (52,828)           19,277,495                     (278,501)



         Pengungkapan lebih lanjut pada wesel ekspor                                                   The further disclosures on bills and other
         dan tagihan lainnya diungkapkan pada                                                          receivables are presented in Note 9.
         Catatan 9.




                                                                     Halaman - 280 - Page                                               2024 Annual Report
                                                                                                                      PT Bank Negara Indonesia (Persero) Tbk
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Page 891
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                              NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                   FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                   31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)

  59. INFORMASI   TAMBAHAN        YANG    TIDAK                               59...ADDITIONAL INFORMATION THAT IS NOT
      DIPERSYARATKAN       OLEH        STANDAR                                     REQUIRED BY INDONESIAN ACCOUNTING
      AKUNTANSI INDONESIA (lanjutan)                                               STANDARDS (continued)

       Informasi tambahan berikut yang disajikan dibawah                            The following additional information presented
       ini merupakan informasi yang disyaratkan oleh                                below is information required by applicable
       regulasi yang berlaku dan bukan/tidak merupakan                              regulations and is not information required by
       informasi yang dipersyaratkan oleh Standar                                   Indonesian Accounting Standards: (continued)
       Akuntansi Indonesia: (lanjutan)

       f.   Tagihan akseptasi                                                       f.     Acceptance receivables

            Berdasarkan kolektibilitas sesuai Peraturan                                    By Financial              Service     Authority    Rule
            OJK                                                                            collectibility
            
                                                        2024                                          2023
                                                              Cadangan                                      Cadangan
                                                               kerugian                                      kerugian
                                                           penurunan nilai/                              penurunan nilai/
                                          Pokok/            Allowance for             Pokok/              Allowance for
                                         Principal        impairment losses          Principal          impairment losses

            Lancar                         15,966,466                 (85,551)           17,568,675                  (477,481)               Current
            Dalam perhatian khusus             52,304                  (7,698)                    -                         -        Special mention
                                           16,018,770                 (93,249)           17,568,675                  (477,481)


            Pengungkapan lebih lanjut pada tagihan                                         The further disclosures on acceptance
            akseptasi diungkapkan pada Catatan 10.                                         receivables are presented in Note 10.

       g.   Tagihan dan liabilitas derivatif                                        g.     Derivative receivable and payables

            Berdasarkan hasil penelaahan dan evaluasi                                      Based on the Bank’s management review and
            manajemen Bank, seluruh tagihan derivatif                                      evaluation, all derivative receivables as of 31
            pada tanggal 31 Desember 2024 dan 2023                                         December 2024 and 2023 are classified as
            digolongkan lancar.                                                            current.

            Pengungkapan lebih lanjut pada tagihan dan                                     The further disclosures on derivative
            liabilitas derivatif diungkapkan pada Catatan                                  receivables and payables are presented in
            11.                                                                            Note 11.

       h.   Pinjaman yang diberikan                                                 h.     Loans

            Berdasarkan kolektibilitas sesuai Peraturan                                    By Financial              Service     Authority    Rule
            OJK                                                                            collectibility

                                                        2024                                  2023
                                                              Cadangan                               Cadangan
                                                               kerugian                               kerugian
                                                           penurunan nilai/                       penurunan nilai/
                                                            Allowance for                          Allowance for
                                             Pokok/          impairment            Pokok/           impairment
                                            Principal           losses            Principal            losses

            Lancar                          731,053,036        (12,730,108)       646,348,458           (15,011,241)                          Current
            Dalam perhatian khusus           29,565,938        (16,433,250)        33,900,760           (21,536,797)                  Special mention
            Kurang lancar                     3,837,708         (2,248,250)         2,954,368            (1,989,252)                    Substandard
            Diragukan                         2,137,988         (1,221,285)         2,822,349            (1,994,520)                         Doubtful
            Macet                             9,277,108         (6,051,627)         9,058,834            (6,626,321)                            Loss

                                            775,871,778        (38,684,520)       695,084,769           (47,158,131)



            Pengungkapan lebih lanjut pada pinjaman                                        The further disclosures on loans are presented
            yang diberikan diungkapkan pada Catatan 12.                                    in Note 12.




                                                          Halaman - 281 - Page
1492   Transforming the Future, Empowering Indonesia
Page 892
                                     PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                        DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                          FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                          31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                   (Expressed in millions of Rupiah, unless otherwise stated)

59. INFORMASI   TAMBAHAN        YANG    TIDAK                             59...ADDITIONAL INFORMATION THAT IS NOT
    DIPERSYARATKAN       OLEH        STANDAR                                   REQUIRED BY INDONESIAN ACCOUNTING
    AKUNTANSI INDONESIA (lanjutan)                                             STANDARDS (continued)

    Informasi tambahan berikut yang disajikan dibawah                         The following additional information presented
    ini merupakan informasi yang disyaratkan oleh                             below is information required by applicable
    regulasi yang berlaku dan bukan/tidak merupakan                           regulations and is not information required by
    informasi yang dipersyaratkan oleh Standar                                Indonesian Accounting Standards: (continued)
    Akuntansi Indonesia: (lanjutan)

    h.   Pinjaman yang diberikan (lanjutan)                                   h.    Loans (continued)

         Pinjaman bermasalah dan cadangan                                           Non-performing loans and allowance for
         kerugian penurunan nilai berdasarkan                                       impairment losses by economic sector
         sektor ekonomi

                                                    2024                                2023
                                                          Cadangan                            Cadangan
                                                           kerugian                            kerugian
                                                       penurunan nilai/                    penurunan nilai/
                                                        Allowance for                       Allowance for
                                         Pokok/          impairment          Pokok/          impairment
                                        Principal           losses          Principal           losses

         Perindustrian                    3,995,256         (2,403,477)        3,489,493        (2,548,143)                        Manufacturing
         Perdagangan,                                                                                                      Trading, restaurants
            restoran dan hotel            4,251,648         (2,532,619)        3,764,179        (2,467,235)                         and hotels
         Pertanian                        1,133,250           (734,684)          852,957          (485,270)                           Agriculture
         Jasa dunia usaha                   556,739           (347,782)        1,711,936        (1,438,661)                   Business services
         Pengangkutan, pergudangan                                                                                 Transportation, warehousing
            dan komunikasi                1,649,543         (1,314,101)          656,816          (507,106)               and communications
         Konstruksi                         429,856           (322,748)          853,233          (614,290)                          Construction
         Jasa pelayanan sosial              237,474           (127,783)          286,902          (158,832)                       Social services
         Pertambangan                        66,177            (40,113)          785,105          (674,164)                               Mining
         Listrik, gas dan air                39,368            (25,659)          236,446          (227,038)           Electricity, gas and water
         Lain-lain                        2,893,493         (1,672,196)        2,198,484        (1,489,354)                               Others

                                         15,252,804         (9,521,162)      14,835,551        (10,610,093)



         Rasio kredit bermasalah BNI dan Entitas Anak                               The non-performing loans ratio of BNI
         secara gross (sebelum dikurangi cadangan                                   and Subsidiaries on a gross basis (before
         kerugian penurunan nilai) sesuai dengan                                    deducting the allowance for impairment
         peraturan OJK yang berlaku pada tanggal                                    losses) in accordance with the OJK
          31 Desember 2024 dan 2023 masing-masing                                   regulation as of 31 December 2024 and
         sebesar 1,97% dan 2,13% (rasio untuk BNI                                   2023 were 1.97% and 2.13%, respectively (the
         saja 1,97% dan 2,14% masing-masing pada                                    ratios for BNI only were 1.97% and 2.14% as
         tanggal 31 Desember 2024 dan 2023),                                        of 31 December 2024 and 2023, respectively),
         sedangkan rasio kredit bermasalah BNI dan                                  while the non-performing loans ratio of BNI
         Entitas Anak secara neto pada tanggal                                      and Subsidiaries on a net basis as of
         31 Desember 2024 dan 2023 masing-masing                                    31 December 2024 and 2023 were 0.74% and
         sebesar 0,74% dan 0,61% (rasio untuk BNI                                   0.61%, respectively (the ratios for BNI only
         saja 0,74% dan 0,61% masing-masing pada                                    were      0.74%     and     0.61%     as     of
         tanggal 31 Desember 2024 dan 2023).                                        31 December 2024 and 2023, respectively).
         Pengungkapan lebih lanjut pada pinjaman                                    The further disclosures on loans are presented
         yang diberikan diungkapkan pada Catatan 12.                                in Note 12.




                                                      Halaman - 282 - Page                                       2024 Annual Report
                                                                                               PT Bank Negara Indonesia (Persero) Tbk
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Page 893
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                    FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                    31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)              (Expressed in millions of Rupiah, unless otherwise stated)

  59. INFORMASI   TAMBAHAN        YANG    TIDAK                        59...ADDITIONAL INFORMATION THAT IS NOT
      DIPERSYARATKAN       OLEH        STANDAR                              REQUIRED BY INDONESIAN ACCOUNTING
      AKUNTANSI INDONESIA (lanjutan)                                        STANDARDS (continued)

       Informasi tambahan berikut yang disajikan dibawah                   The following additional information presented
       ini merupakan informasi yang disyaratkan oleh                       below is information required by applicable
       regulasi yang berlaku dan bukan/tidak merupakan                     regulations and is not information required by
       informasi yang dipersyaratkan oleh Standar                          Indonesian Accounting Standards: (continued)
       Akuntansi Indonesia: (lanjutan)

       h.   Pinjaman yang diberikan (lanjutan)                             h.     Loans (continued)

            Pinjaman yang direstrukturisasi                                       Restructured loans

            Jumlah kredit yang telah direstrukturisasi dan                        The total of restructured loans that are
            dalam kategori kredit bermasalah berdasarkan                          categorised as non-performing loan based on
            peraturan OJK pada tanggal 31 Desember                                OJK’s regulation amounted to Rp7,024,794
            2024 dan 2023 adalah masing-masing sebesar                            and Rp5,428,100 as of 31 December 2024
            Rp7.024.794 dan Rp5.428.100.                                          and 2023, respectively.

            Informasi pokok lainnya sehubungan                                    Other significant information relating to
            dengan pinjaman yang diberikan                                        loans

            Pada tanggal 31 Desember 2024 dan 2023,                               As of 31 December 2024 and 2023, there is
            tidak    terdapat     pelanggaran  maupun                             neither 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 Regulation of Financial
            pihak ketiga sesuai dengan peraturan yang                             Services Authority.
            ditetapkan Otoritas Jasa Keuangan.

       i.   Efek-efek yang dibeli dengan janji dijual                      i.     Securities purchased under agreements to
            kembali                                                               resell

            Efek-efek yang dibeli dengan janji dijual                             Securities purchased under agreements to
            kembali yang diungkapkan pada Catatan 14                              resell disclosed in Note 14 are classified by
            diklasifikasikan berdasarkan kolektabilitas                           Financial Service Authority rule collectability as
            sesuai dengan peraturan OJK sebagai lancar.                           current.

       j.   Penyertaan saham - bersih                                      j.     Equity investments - net

            Penyertaan jangka panjang berdasarkan                                 The classification of long-term equity
            kolektibilitas sesuai Peraturan OJK adalah:                           investments based on Financial Service
                                                                                  Authority Rule collectibility are as follows:

                                                       2024                     2023

            Lancar                                           593,137               563,700                                  Current
            Total                                            593,137               563,700                                     Total

            Pengungkapan lebih lanjut pada penyertaan                             The further disclosures on equity investment -
            saham - bersih diungkapkan pada Catatan 17.                           net are presented in Note 17.




                                                       Halaman - 283 - Page
1494   Transforming the Future, Empowering Indonesia
Page 894
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

59. INFORMASI   TAMBAHAN        YANG    TIDAK                       59...ADDITIONAL INFORMATION THAT IS NOT
    DIPERSYARATKAN       OLEH        STANDAR                             REQUIRED BY INDONESIAN ACCOUNTING
    AKUNTANSI INDONESIA (lanjutan)                                       STANDARDS (continued)

    Informasi tambahan berikut yang disajikan dibawah                   The following additional information presented
    ini merupakan informasi yang disyaratkan oleh                       below is information required by applicable
    regulasi yang berlaku dan bukan/tidak merupakan                     regulations and is not information required by
    informasi yang dipersyaratkan oleh Standar                          Indonesian Accounting Standards: (continued)
    Akuntansi Indonesia: (lanjutan)

    k.   Komitmen dan Kontinjensi                                       k.   Commitments and Contingencies

         Transaksi komitmen dan kontinjensi yang                             Commitments and contingent transactions that
         mempunyai        risiko   kredit    berdasarkan                     have credit risk by collectability are as follows:
         kolektibilitas adalah sebagai berikut:

                                                     2024                    2023
         Lancar                                       137,900,021            135,986,477                                 Current
         Dalam perhatian khusus                         2,128,420              2,879,288                         Special mention
         Kurang lancar                                     41,844                 67,806                           Substandard
         Diragukan                                         54,329                 80,154                                Doubtful
         Macet                                            831,833                500,973                                   Loss

                                                      140,956,447            139,514,698


         Pengungkapan lebih lanjut pada komitmen dan                         The further disclosures on commitments and
         kontinjensi diungkapkan pada Catatan 44.                            contingencies are presented in Note 44.

    l.   Manajemen risiko                                               l.   Risk management

         Penerapan       Manajemen        Risiko     BNI                     The implementation of BNI Risk Management
         berlandaskan pada regulasi nasional maupun                          is based on national and international
         internasional, meliputi Peraturan Otoritas Jasa                     regulations, including Financial Services
         Keuangan (POJK), Surat Edaran Otoritas Jasa                         Authority Regulations (POJK), Financial
         Keuangan       (SEOJK),      Peraturan     Bank                     Services Authority Circular Letters (SEOJK),
         Indonesia (PBI), Surat Edaran Bank Indonesia                        Bank Indonesia Regulations (PBI), Bank
         (SEBI), dan dokumen Basel Committee on                              Indonesia Circular Letters (SEBI), and Basel
         Banking Supervision (BCBS).                                         Committee on Banking Supervision (BCBS).

         Beberapa regulasi yang terkait           dengan                     Some of the agreements related to the Bank’s
         Manajemen Risiko Bank adalah             sebagai                    Risk Management are as follows:
         berikut:
                                                                             1. POJK No. 18/POJK.03/2016, dated 16
         1. POJK No.18/POJK.03/2016 tanggal 16                                  March       2016       and       SEOJK
            Maret     2016         dan       SEOJK                              No.34/SEOJK.03/2016
            No.34/SEOJK.03/2016       tanggal    1                              dated 1 September of 2016 concerning the
            September 2016 tentang Penerapan                                    Implementation of Risk Management for
            Manajemen Risiko bagi Bank Umum.                                    Commercial Banks.

         2. POJK No. 38/POJK.03/2017 tanggal 12 Juli                         2. POJK No. 38/POJK.03/2017 dated 12 July
            2017 dan SEOJK No. 43/SEOJK.03/2017                                 2017 and SEOJK No. 43/SEOJK.03/2017
            tanggal 19 Juli 2017 tentang Prinsip Kehati-                        dated 19 July 2017 concerning Prudential
            hatian dan Laporan dalam rangka                                     Principles and Reports within the
            Penerapan Manajemen Risiko secara                                   framework     of    the    Application of
            Konsolidasi bagi Bank yang Melakukan                                Consolidated Risk Management for Banks
            Pengendalian terhadap Perusahaan Anak.                              that Control Subsidiaries.

         3. POJK No.17/POJK.03/2014 tanggal 19                               3. POJK No.17/POJK.03/2014 dated 19
            November 2014 dan SEOJK No.14/                                      November 2014 and SEOJK No.14/
            SEOJK.03/2015 tanggal 25 Mei 2015                                   SEOJK.03 /2015 dated 25 May 2015
            tentang Penerapan Manajemen Risiko                                  concerning     the  Implementation    of
            Terintegrasi bagi Konglomerasi Keuangan.                            Integrated Risk Management for Financial
                                                                                Conglomerates.



                                                    Halaman - 284 - Page                                2024 Annual Report
                                                                                      PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                               1495
Page 895
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  59. INFORMASI   TAMBAHAN        YANG    TIDAK                     59...ADDITIONAL INFORMATION THAT IS NOT
      DIPERSYARATKAN       OLEH        STANDAR                           REQUIRED BY INDONESIAN ACCOUNTING
      AKUNTANSI INDONESIA (lanjutan)                                     STANDARDS (continued)

       Informasi tambahan berikut yang disajikan dibawah                The following additional information presented
       ini merupakan informasi yang disyaratkan oleh                    below is information required by applicable
       regulasi yang berlaku dan bukan/tidak merupakan                  regulations and is not information required by
       informasi yang dipersyaratkan oleh Standar                       Indonesian Accounting Standards: (continued)
       Akuntansi Indonesia: (lanjutan)

       l.   Manajemen risiko (lanjutan)                                 l.    Risk management (continued)

            BNI juga melakukan pengelolaan terhadap                           BNI also has risk management for other risks
            risiko lainnya sesuai aturan Regulator, yaitu (i)                 as regulated by Regulator, as follows (i) legal
            risiko hukum untuk mengurangi kemungkinan                         risk to minimise possible losses from lawsuits
            kerugian dari tuntutan hukum atau kelemahan                       or weakness in juridical aspects such as the
            aspek yuridis seperti ketiadaan peraturan                         absence of laws and regulations, or
            perundang-undangan yang mendukung atau                            weaknesses such as non-compliance with the
            kelemahan perikatan seperti tidak dipenuhinya                     terms of the engagements validity of contracts
            syarat sahnya kontrak atau pengikatan agunan                      or imperfect binding of collaterals; (ii)
            yang tidak sempurna; (ii) risiko reputasi untuk                   reputation risk to minimise possible losses due
            mengurangi kemungkinan kerugian akibat                            to stakeholder’s declining levels of trust which
            menurunnya tingkat kepercayaan pemangku                           comes from the negative perception of the
            kepentingan (stakeholder) yang bersumber                          Bank; (iii) strategic risk to minimise possible
            dari persepsi negatif terhadap Bank; (iii) risiko                 losses arising from inappropriate or improper
            stratejik untuk mengurangi kemungkinan                            implementation of the Bank’s strategy and
            kerugian     akibat    ketidaktepatan     dalam                   business decisions, or strategy that is not
            pengambilan dan/atau pelaksanaan suatu                            responsive to external changes; and
            keputusan stratejik serta kegagalan dalam                         (iv) compliance risk to minimise possible
            mengantisipasi perubahan lingkungan bisnis;                       losses of the Bank from non-compliance or
            dan (iv) risiko kepatuhan untuk mengurangi                        failure to implement the prevailing laws and
            kemungkinan kerugian karena Bank tidak                            regulations.
            mematuhi atau tidak melaksanakan peraturan
            perundang-undangan dan ketentuan.

            Upaya-upaya yang dilakukan untuk mengelola                        The initiatives taken to manage legal risk,
            risiko hukum, risiko reputasi, risiko stratejik                   reputation risk, strategic risk and compliance
            dan risiko kepatuhan seperti tersebut di atas                     risk as described above, among others, are as
            diantaranya adalah:                                               follows:

            •   Mengelola Pedoman Perusahaan untuk                            •   Manage Operational Guidance Manual for
                manajemen risiko hukum, risiko reputasi,                          legal risk, reputation risk, strategic risk,
                risiko stratejik, dan risiko kepatuhan;                           and compliance risk;
            •   Melakukan analisis aspek risiko hukum                         •   Analysis of the legal aspects and
                dan uji kepatuhan terhadap produk atau                            compliance test for existing and new
                aktivitas existing dan baru;                                      product or activities;
            •   Melakukan kaji ulang berkala terhadap                         •   Conduct periodic reviews of the standard
                format standar perjanjian, khususnya                              format of the agreement, especially the
                perjanjian      kredit,   guna memastikan                         credit agreement, to ensure compliance
                kesesuaian dengan peraturan perundang-                            with statutory regulations;
                undangan;
            •   Melakukan kaji ulang secara berkala                           •   Conduct periodic reviews of contracts and
                terhadap kontrak dan perjanjian antara BNI                        agreements between BNI and other
                dengan pihak lain, antara lain dengan cara                        parties, among others by reassessing the
                melakukan penilaian kembali terhadap                              effectiveness of the enforcement process
                efektivitas proses enforcement guna                               to check the validity of rights in existing
                mengecek validitas hak dalam kontrak dan                          contracts and agreements;
                perjanjian yang ada;
            •   Melakukan pengelolaan komplain/keluhan                        •   Manage      customer     complaints    by
                nasabah dengan optimalisasi fungsi                                optimizing the function of Online Request
                sarana Online Request Management                                  Management (ORM) facilities, then resolve
                (ORM),        selanjutnya       menyelesaikan                     the issue;
                permasalahan tersebut;




                                                       Halaman - 285 - Page
1496   Transforming the Future, Empowering Indonesia
Page 896
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

59. INFORMASI   TAMBAHAN        YANG    TIDAK                    59...ADDITIONAL INFORMATION THAT IS NOT
    DIPERSYARATKAN       OLEH        STANDAR                          REQUIRED BY INDONESIAN ACCOUNTING
    AKUNTANSI INDONESIA (lanjutan)                                    STANDARDS (continued)

    Informasi tambahan berikut yang disajikan dibawah                The following additional information presented
    ini merupakan informasi yang disyaratkan oleh                    below is information required by applicable
    regulasi yang berlaku dan bukan/tidak merupakan                  regulations and is not information required by
    informasi yang dipersyaratkan oleh Standar                       Indonesian Accounting Standards: (continued)
    Akuntansi Indonesia: (lanjutan)

    l.   Manajemen risiko (lanjutan)                                 l.    Risk management (continued)

         Upaya-upaya yang dilakukan untuk mengelola                        The initiatives taken to manage legal risk,
         risiko hukum, risiko reputasi, risiko stratejik                   reputation risk, strategic risk and compliance
         dan risiko kepatuhan seperti tersebut di atas                     risk as described above, among others, are as
         diantaranya adalah: (lanjutan)                                    follows: (continued)

         •   Mengelola jumlah pemberitaan negatif                          •   Managing the amounts of negative news
             yang ada di media, baik media cetak                               on media, whether printed or electronic
             maupun        media       elektronik      dan                     media, and follow up the proclamation in
             menindaklanjuti     pemberitaan      tersebut                     accordance with the prevailing policies;
             sesuai dengan ketentuan;                                      •   The strategic planning done through a
         •   Melakukan perencanaan strategis melalui                           series of strategic planning process to
             serangkaian proses untuk penyelarasan                             align the corporate strategy and strategy
             strategi perusahaan dengan strategi unit;                         unit;
         •   Melakukan      pemantauan         pencapaian                  •   Planning the completion of a business that
             rencana bisnis yang telah ditetapkan,                             has been determined, is done by
             dilakukan dengan membandingkan target                             comparing the target to the realisation of
             terhadap realisasi bisnis;                                        the business;
         •   Melakukan sertifikasi kepatuhan terhadap                      •   Compliance certification to all policies and
             kebijakan dan prosedur sesuai dengan                              procedures in accordance with applicable
             ketentuan; dan                                                    regulations; and
         •   Melakukan pemantauan terhadap jenis,                          •   Monitoring of types, significance and
             signifikansi dan frekuensi pelanggaran                            frequency of violations of regulations (BNI
             terhadap     ketentuan       (track    record                     compliance track record).
             kepatuhan BNI).

         Sesuai dengan Surat Edaran OJK (SEOJK)                            In accordance with the Circular Letter of
         No.14/SEOJK.03/2015, BNI selaku Entitas                           Financial Services Authority regulations
         Utama     Konglomerasi       Keuangan    wajib                    (SEOJK) No. 14/SEOJK.03/2015, BNI as the
         menerapkan Manajemen Risiko Terintegrasi                          parent entity of a financial conglomerate has to
         secara komprehensif dan efektif. Tujuan                           implement the integrated risk management
         penerapan manajemen risiko terintegrasi                           comprehensively and effectively. The purpose
         tersebut yaitu untuk mengelola seluruh risiko                     of the implementation of integrated risk
         yang melekat pada aktivitas/kegiatan usaha                        management implementation is to manage the
         konglomerasi      keuangan        BNI    serta                    whole inherent risks in the financial
         menciptakan keunggulan kompetitif dan                             conglomerate’s business activities, and also to
         memelihara           pertumbuhan         yang                     create competitive advantages and maintain
         berkesinambungan           sehingga     dapat                     sustainable growth, so that it can increase the
         meningkatkan     nilai    (shareholder  value)                    financial conglomeration shareholder value of
         konglomerasi     keuangan        BNI   secara                     BNI as a whole.
         keseluruhan.

         Secara umum, seluruh Lembaga Jasa                                 Generally, all of the Financial Services
         Keuangan (LJK) anggota Konglomerasi                               Institutions (FSI) as part of the BNI Financial
         Keuangan BNI, baik BNI sebagai LJK Induk                          Conglomeration, where BNI as the Parent FSI
         (Entitas Utama) dan masing-masing LJK Anak                        (Main Entity) and each Subsidiaries FSI have
         telah menerapkan manajemen risiko, antara                         implemented risk management, among others
         lain dengan membentuk unit risiko pada                            by establishing a risk unit in each FSI. Risk
         masing-masing LJK. Manajemen risiko pada                          management in each FSI is operating
         masing-masing LJK Anak secara operasional                         separately from the business unit and
         dilakukan terpisah dari unit bisnis dan                           conducts its function independently. To
         menjalankan fungsinya secara independen.                          support      the    implementation    of    risk
         Untuk mendukung penerapan manajemen                               management, the FSI have established
         risiko, pada organisasi LJK Anak juga dibentuk                    internal control units/function in their
         unit/fungsi    internal     yang    melakukan                     organizational structure, which monitors the
         pemantauan kepatuhan terhadap kontrol                             compliance with internal controls regularly and
         internal secara rutin dan berkala.                                periodically on a regular basis.


                                                    Halaman - 286 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1497
Page 897
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  59. INFORMASI   TAMBAHAN        YANG    TIDAK                     59...ADDITIONAL INFORMATION THAT IS NOT
      DIPERSYARATKAN       OLEH        STANDAR                           REQUIRED BY INDONESIAN ACCOUNTING
      AKUNTANSI INDONESIA (lanjutan)                                     STANDARDS (continued)

       Informasi tambahan berikut yang disajikan dibawah                The following additional information presented
       ini merupakan informasi yang disyaratkan oleh                    below is information required by applicable
       regulasi yang berlaku dan bukan/tidak merupakan                  regulations and is not information required by
       informasi yang dipersyaratkan oleh Standar                       Indonesian Accounting Standards: (continued)
       Akuntansi Indonesia: (lanjutan)

       l.   Manajemen risiko (lanjutan)                                 l.    Risk management (continued)

            Disamping itu, Dewan Komisaris dan Direksi                        In addition, the Boards of Commissioners and
            pada masing-masing LJK Anak secara aktif                          Directors of the respective Subsidiaries
            juga melakukan pemantauan, dan evaluasi                           actively monitor and evaluate the internal
            melalui laporan-laporan yang disampaikan                          controls of the Subsidiaries, through the
            oleh setiap LJK Anak untuk selanjutnya                            reports    submitted    by   the   respective
            digunakan sebagai salah satu bahan                                Subsidiaries, as a basis in formulating and
            pertimbangan dalam menetapkan kebijakan
                                                                              developing appropriate policies for the
            pada LJK Anak.
                                                                              Subsidiaries.

            BNI selaku Entitas Utama telah melakukan                          As the Parent Entity, BNI coordinates with its
            koordinasi      dengan   LJK    Anak     untuk                    FSI Subsidiaries regarding the implementation
            menerapkan        manajemen   risiko    sesuai                    of risk management policies as defined by
            ketentuan Otoritas Jasa Keuangan, antara lain                     Indonesia Financial Services Authority, among
            dengan      melakukan     pemantauan      dan                     others by implementing risk monitoring and
            pengukuran risiko yang dituangkan dalam                           measurement in the form of consolidated
            bentuk penilaian Kecukupan Penyediaan
                                                                              Capital Adequacy Ratio (CAR) assessment,
            Modal Minimum (KPMM) Konsolidasi, KPMM
            Terintegrasi, penilaian Tingkat Kesehatan                         integrated Capital Adequacy Ratio (CAR)
            Bank (TKB) konsolidasi, serta penilaian Profil                    assessment,     the     Bank’s   consolidated
            Risiko Konsolidasi dan penilaian Profil Risiko                    soundness rating consolidated assessment,
            Terintegrasi Konglomerasi Keuangan BNI                            consolidated risk profile and also integrated
            (tidak diaudit).                                                  risk profile assessment on BNI Financial
                                                                              Conglomeration (unaudited).

            Penilaian     profil  risiko    BNI    individu                   The risk profile assessment of BNI reflects the
            menggambarkan risiko yang melekat dalam                           inherent risk of the Bank’s business, including
            kegiatan bisnis Bank (inherent risk) termasuk                     the risk control system for 8 (eight) type of risk
            kualitas penerapan Manajemen Risiko yang                          are assessed are Credit Risk, Market Risk,
            mencerminkan sistem pengendalian risiko (risk                     Liquidity Risk, Operational Risk, Legal Risk,
            control system) pada 8 (delapan) jenis risiko                     Reputation Risk, Strategic Risk, and
            yaitu Risiko Kredit, Risiko Pasar, Risiko
                                                                              Compliance Risk. The risk profile of BNI has
            Likuiditas, Risiko Operasional, Risiko Hukum,
            Risiko Reputasi, Risiko Stratejik, dan Risiko                     been performed based on attachment of
            Kepatuhan. Penilaian Profil Risiko BNI telah                      SEOJK No. 14/SEOJK.03/2017 about the
            dilakukan sesuai dengan lampiran SEOJK No.                        Bank’s Soundness Rating Assessment.
            14/SEOJK.03/2017 tentang Penilaian Tingkat
            Kesehatan Bank Umum.

            Berdasarkan hasil laporan terakhir atas                           Based on the results of a recent self-
            penilaian sendiri (self-assessment), peringkat                    assessment report, inherent risk rank of BNI
            risiko inheren BNI posisi 31 Desember 2024                        as of 31 December 2024 is low to moderate
            adalah low to moderate dengan peringkat                           and the quality of the risk management
            kualitas penerapan manajemen risiko yang                          implementation rank is satisfactory, therefore
            memadai (satisfactory) sehingga peringkat                         the risk profile composite rank of BNI is 2 (low
            komposit Profil Risiko BNI adalah 2 (low to
                                                                              to moderate) (unaudited).
            moderate) (tidak diaudit).




                                                       Halaman - 287 - Page
1498   Transforming the Future, Empowering Indonesia
Page 898
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

59. INFORMASI   TAMBAHAN        YANG    TIDAK                    59...ADDITIONAL INFORMATION THAT IS NOT
    DIPERSYARATKAN       OLEH        STANDAR                          REQUIRED BY INDONESIAN ACCOUNTING
    AKUNTANSI INDONESIA (lanjutan)                                    STANDARDS (continued)
    Informasi tambahan berikut yang disajikan dibawah                The following additional information presented
    ini merupakan informasi yang disyaratkan oleh                    below is information required by applicable
    regulasi yang berlaku dan bukan/tidak merupakan                  regulations and is not information required by
    informasi yang dipersyaratkan oleh Standar                       Indonesian Accounting Standards: (continued)
    Akuntansi Indonesia: (lanjutan)
    l.   Manajemen risiko (lanjutan)                                 l.    Risk management (continued)
         Penilaian Profil Risiko Terintegrasi merupakan                    Integrated Risk Profile assessment is the
         penilaian terhadap 10 (sepuluh) jenis Risiko                      assessment of the 10 (ten) types of risks
         berdasarkan Risiko Inheren dan Kualitas                           based on Inherent Risks and the integrated
         Penerapan Manajemen Risiko (KPMR)                                 Implementation of Risk Management Quality
         terintegrasi. Kesepuluh jenis Risiko tersebut                     (KPMR). The ten types of Risks being
         adalah Risiko Kredit, Risiko Pasar, Risiko                        assessed are Credit Risk, Market Risk,
         Likuiditas, Risiko Operasional, Risiko Hukum,                     Liquidity Risk, Operational Risk, Legal Risk,
         Risiko Reputasi, Risiko Stratejik, Risiko                         Reputation Risk, Strategic Risk, Compliance
         Kepatuhan, Risiko Transaksi Intra-Grup dan                        Risk, Intra Group Transactions Risk and
         Risiko Asuransi. Penilaian Profil Risiko BNI                      Insurance Risk. Assessment of the Integrated
         Terintegrasi tersebut telah dilakukan sesuai                      Risk Profile has complied with the SEOJK No.
         dengan         lampiran        SEOJK       No.                    14/SEOJK.03/2015 dated 25 May 2015 about
         14/SEOJK.03/2015 tanggal 25 Mei 2015                              Integrated Risk Management Implementation
         tentang     Penerapan     Manajemen      Risiko                   for Financial Conglomerate.
         Terintegrasi bagi Konglomerasi Keuangan.
         Penilaian Profil Risiko Terintegrasi dilakukan                    Integrated Risk Profile assessment is
         semesteran. Berdasarkan hasil laporan                             conducted semi annually. Based on the results
         terakhir secara penilaian sendiri (self                           of the last self- assessment report, the
         assessment), peringkat risiko inheren posisi 31                   inherent risk rank of BNI as of 31 December
         Desember 2024 adalah low to moderate                              2024 is low to moderate with the quality of the
         dengan     peringkat     kualitas   penerapan                     risk management implementation rank as
         manajemen risiko yang memadai (satisfactory)                      satisfactory, therefore the composite rank of
         sehingga peringkat komposit Profil Risiko                         BNI’s     Risk    Profile   as   a    financial
         Konglomerasi Keuangan BNI adalah 2 (low to                        conglomeration is 2 (low to moderate)
         moderate) (tidak diaudit).                                        (unaudited).
         Tingkat Kesehatan Bank (TKB) BNI posisi                           BNI Bank Soundness Level (TKB) self
         31 Desember 2024 yang dilakukan secara self                       assessment    for  the   position  as   of
         assessment berada pada Peringkat 2 (PK 2)                         31 December 2024 which is in Rank 2 (PK 2)
         dengan    predikat   “sehat”     atau stabil                      with the predicate “healthy” or stable
         dibandingkan dengan TKB BNI posisi                                compared to the TKB BNI at the position in
         31 Desember 2023 (tidak diaudit).                                 31 December 2023 (unaudited).
         1. Profil Risiko                                                  1. Risk Profile
            Hasil penilaian Profil Risiko BNI posisi                          The results of the BNI Risk Profile
            31 Desember 2024 masih stabil di                                  assessment for the position 31 December
            Peringkat 2 (Low to Moderate).                                    2024 are still stable at Rank 2 (Low to
                                                                              Moderate).
         2. Rentabilitas                                                   2. Rentability
            Terjadi penurunan tren risiko pada                                The decreasing of risk trend which
            parameter Rentabilitas yang dipicu oleh                           occurred in Rentability parameter which
            pencapaian rasio profitabilitas yang telah                        was triggered by improvement of the
            membaik dan sesuai target.                                        achievement of a profitability ratio as target.
         3. Permodalan                                                     3. Capital
            Penurunan tren risiko pada parameter                              The decreasing risk trend in the capital
            permodalan diakibatkan peningkatan rasio                          parameter was due to an increase in the
            CAR BNI karena peningkatan total modal                            BNI’s total capital component due to an
            BNI secara modal tier 1 melalui laba                              increase of BNI’s tier 1 capital from
            ditahan serta penerbitan Additional Tier 1                        retained earnings as well as issuance of
            Capital Securities dan peningkatan modal                          Additional Tier 1 Capital Securities and
            tier 2 melalui penerbitan subdebt.                                increase of tier 2 capital due to subdebt
                                                                              issuance.
         4. Tata Kelola                                                    4. Governance
            Tata kelola BNI posisi 31 Desember 2024                           BNI’s governance for the position of
            dibandingkan dengan posisi 31 Desember                            31 December 2024 is relatively stable
            2023 relatif stabil.                                              compared to the position in 31 December
                                                                              2023.

                                                    Halaman - 288 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
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Page 899
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  59. INFORMASI   TAMBAHAN        YANG    TIDAK                     59...ADDITIONAL INFORMATION THAT IS NOT
      DIPERSYARATKAN       OLEH        STANDAR                           REQUIRED BY INDONESIAN ACCOUNTING
      AKUNTANSI INDONESIA (lanjutan)                                     STANDARDS (continued)

       Informasi tambahan berikut yang disajikan dibawah                The following additional information presented
       ini merupakan informasi yang disyaratkan oleh                    below is information required by applicable
       regulasi yang berlaku dan bukan/tidak merupakan                  regulations and is not information required by
       informasi yang dipersyaratkan oleh Standar                       Indonesian Accounting Standards: (continued)
       Akuntansi Indonesia: (lanjutan)

       l.   Manajemen risiko (lanjutan)                                 l.    Risk management (continued)

            Guna     melakukan      penguatan fungsi                          In order to strengthen the risk management
            manajemen risiko, BNI juga melakukan                              function, BNI has also carried out several
            beberapa upaya antara lain:                                       efforts, including:
            1. Simulasi Kondisi Terburuk dan Stress                           1. Worst Condition Simulation and Stress
               Testing.                                                           Testing.

               Stress testing merupakan salah satu alat                          Stress testing is one of the risk
               manajemen risiko yang digunakan BNI                               management tools used by BNI to evaluate
               untuk     mengevaluasi       dampak     suatu                     the impact of a severe but plausible
               skenario yang severe namun mungkin                                scenario on the Bank's financial condition.
               terjadi (plausible) terhadap kondisi finansial                    BNI carries out stress testing periodically
               Bank. BNI melakukan stress testing secara                         as a basis for consideration for decisions
               berkala sebagai salah satu dasar                                  and directions of the board of directors and
               pertimbangan untuk keputusan dan arahan                           board of commissioners or in making Bank
               direksi dan dewan komisaris atau dalam                            decisions as well as in compliance with
               pengambilan       keputusan     Bank     serta                    applicable regulatory provisions both in
               sebagai pemenuhan atas ketentuan                                  Indonesia and regulatory provisions at each
               regulasi yang berlaku baik di Indonesia                           Foreign Office (KLN). Apart from being a
               maupun ketentuan regulator pada masing-                           basis for decision making and compliance
               masing Kantor Luar Negeri (KLN). Selain                           with regulations, stress testing also aims to
               sebagai dasar pengambilan keputusan dan                           estimate the magnitude of losses that will
               pemenuhan regulasi, stress testing juga                           arise as well as the resilience of the Bank's
               bertujuan untuk mengestimasi besarnya                             capital in absorbing these losses and
               kerugian yang akan timbul serta ketahanan                         identifying steps that must be taken to
               modal Bank dalam menyerap kerugian                                mitigate risks and maintain the resilience of
               tersebut dan mengidentifikasi langkah-                            the Bank's capital. In terms of liquidity, the
               langkah yang harus dilakukan untuk                                stress test functions to estimate the
               memitigasi risiko dan menjaga ketahanan                           adequacy of the Bank's liquid assets to
               modal Bank. Dalam hal likuiditas, stress                          fulfill obligations, both contractual and
               test     berfungsi     untuk   mengestimasi                       behavioral.
               kecukupan alat likuid Bank untuk
               memenuhi kewajiban, baik kontraktual
               maupun behavioral.

               Hasil stress testing yang dilakukan BNI                           The results of stress testing carried out by
               sepanjang tahun 2023 menunjukkan bahwa                            BNI throughout 2023 show that BNI's
               permodalan BNI masih mampu untuk                                  capital is still able to absorb losses that will
               menyerap kerugian yang akan timbul serta                          arise and is able to maintain sufficient
               mampu menjaga kecukupan likuiditas                                liquidity with rapid anticipation in terms of
               dengan antisipasi yang cepat pada sisi                            asset and liability management as well as
               pengelolaan aset dan liabilitas serta                             the readiness of policies to support funding
               kesiapan kebijakan pendukung rencana                              plans. Apart from that, BNI has also
               pendanaan. Selain itu, BNI juga telah                             established risk mitigation for possible
               menetapkan      mitigasi   risiko   atas                          losses that may arise.
               kemungkinan kerugian yang akan timbul.




                                                       Halaman - 289 - Page
1500   Transforming the Future, Empowering Indonesia
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                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

59. INFORMASI   TAMBAHAN        YANG    TIDAK                    59...ADDITIONAL INFORMATION THAT IS NOT
    DIPERSYARATKAN       OLEH        STANDAR                          REQUIRED BY INDONESIAN ACCOUNTING
    AKUNTANSI INDONESIA (lanjutan)                                    STANDARDS (continued)

    Informasi tambahan berikut yang disajikan dibawah                The following additional information presented
    ini merupakan informasi yang disyaratkan oleh                    below is information required by applicable
    regulasi yang berlaku dan bukan/tidak merupakan                  regulations and is not information required by
    informasi yang dipersyaratkan oleh Standar                       Indonesian Accounting Standards: (continued)
    Akuntansi Indonesia: (lanjutan)

    l.   Manajemen risiko (lanjutan)                                 l.    Risk management (continued)

         2. Penyusunan Rencana Aksi (Recovery                              2. Preparation of       Recovery      Plan       and
            Plan) dan Rencana Resolusi (Resolution                            Resolution Plan.
            Plan).

            Recovery Plan merupakan rencana untuk                             The Recovery Plan is a plan to overcome
            mengatasi (mencegah, memulihkan dan                               (prevent, recover and repair) financial
            memperbaiki) permasalahan keuangan                                problems that may occur at Systemic
            yang mungkin terjadi di Bank Sistemik.                            Banks. The preparation of the Recovery
            Penyusunan Recovery Plan merupakan                                Plan is a fulfillment of OJK Regulation No.
            pemenuhan atas Peraturan OJK No.                                  14/POJK.03/2017 dated 4 April 2017
            14/POJK.03/2017 tanggal 4 April 2017                              concerning Action Plans (Recovery Plan)
            tentang Rencana Aksi (Recovery Plan)                              for Systemic Banks, which is intended to
            bagi Bank Sistemik, yang dimaksudkan                              overcome early financial problems that may
            untuk mengatasi secara dini permasalahan                          occur in systemic Banks through a "bail in"
            keuangan yang mungkin terjadi pada Bank                           mechanism so that it is hoped that these
            sistemik melalui mekanisme “bail in”                              financial problems will not trigger a
            sehingga permasalahan keuangan tersebut                           systemic impact on the national financial
            diharapkan tidak sampai memicu dampak                             system. BNI as a Systemic Bank is obliged
            sistemik bagi sistem keuangan nasional.                           to prepare a Recovery Plan to the OJK
            BNI sebagai Bank Sistemik wajib                                   every year on a regular basis at least 1
            menyusun Recovery Plan kepada OJK                                 (one) time in 1 (one) year and submit an
            setiap tahun secara berkala paling sedikit 1                      updated Action Plan to the OJK no later
            (satu) kali dalam 1 (satu) tahun dan                              than the end of November.
            menyampaikan pengkinian Rencana Aksi
            kepada OJK paling lama akhir bulan
            November.

            Resolution Plan merupakan rencana                                 The Resolution Plan is a handling or
            penanganan atau penyelesaian oleh                                 resolution plan by the Deposit Insurance
            Lembaga Penjamin Simpanan (LPS) ketika                            Corporation (LPS) when the Bank is
            Bank dinyatakan sebagai bank gagal,                               declared as a failed bank, contained in the
            tertuang dalam dokumen Resolution Plan                            Resolution Plan document which is
            yang di-review secara periodik setiap 2                           reviewed periodically every 2 (two) years.
            (dua) tahun sekali. Penyusunan Resolution                         The preparation of the Resolution Plan is a
            Plan     merupakan      pemenuhan        atas                     fulfillment of the Deposit Insurance
            Peraturan Lembaga Penjamin Simpanan                               Corporation Regulation No. 1 of 2021
            No. 1 Tahun 2021 tentang Rencana                                  concerning      Resolution       Plans     for
            Resolusi bagi Bank Umum. Rencana                                  Commercial Banks. The Resolution Plan is
            Resolusi merupakan komitmen Bank,                                 a commitment of the Bank, controlling
            pemegang saham pengendali dan/atau                                shareholders and/or other parties to realise
            pihak lain untuk mewujudkan resolusi Bank                         an effective Bank resolution to reduce
            yang efektif guna mengurangi gangguan                             systemic disruption to financial system
            sistemik ke stabilitas sistem keuangan                            stability and minimise the use of public
            serta meminimalisir penggunaan dana                               funds (APBN) in Bank resolutions. The
            publik (APBN) dalam resolusi Bank.                                Resolution Plan contains information about
            Rencana      Resolusi     berisi    informasi                     the Bank that is in line with the Action Plan
            mengenai Bank yang sejalan dengan                                 which is equipped with analysis of
            Rencana Aksi yang dilengkapi dengan                               resolution options and potential obstacles
            analisa opsi resolusi dan potensi hambatan                        to implementing resolution options, as well
            pelaksanaan opsi resolusi, serta strategi                         as communication strategies before
            komunikasi       sebelum        dilakukannya                      handling Bank solvency problems by the
            penanganan permasalahan solvabilitas                              resolution authority.
            Bank oleh otoritas resolusi.




                                                    Halaman - 290 - Page                             2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1501
Page 901
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  59. INFORMASI   TAMBAHAN        YANG    TIDAK                     59...ADDITIONAL INFORMATION THAT IS NOT
      DIPERSYARATKAN       OLEH        STANDAR                           REQUIRED BY INDONESIAN ACCOUNTING
      AKUNTANSI INDONESIA (lanjutan)                                     STANDARDS (continued)

       Informasi tambahan berikut yang disajikan dibawah                The following additional information presented
       ini merupakan informasi yang disyaratkan oleh                    below is information required by applicable
       regulasi yang berlaku dan bukan/tidak merupakan                  regulations and is not information required by
       informasi yang dipersyaratkan oleh Standar                       Indonesian Accounting Standards: (continued)
       Akuntansi Indonesia: (lanjutan)

       l.   Manajemen risiko (lanjutan)                                 l.    Risk management (continued)

            3. Penilaian Risk Maturity Index (RMI).                           3. Risk Maturity Index (RMI) Assessment.

               Risk Maturity Index (RMI) merupakan                               Risk Maturity Index (RMI) is an index used
               indeks yang digunakan untuk mengukur                              to measure the effectiveness and quality of
               efektivitas   dan    kualitas   penerapan                         implementing      risk   management       in
               manajemen risiko dalam melindungi dan                             protecting and creating value. Based on the
               menciptakan nilai. Berdasarkan Surat                              Letter of the Ministry of BUMN No. S-
               Kementerian BUMN No. S-31/Wk2.MBU.A/                              31/Wk2.MBU.A/ 09/2020 which was
               09/2020 dimana disampaikan dalam                                  submitted in order to implement the
               rangka mengimplementasikan rencana                                strategic plan of the Ministry of BUMN for
               strategis Kementerian BUMN tahun 2020–                            2020–2024, in accordance with Minister of
               2024, sesuai Peraturan Menteri BUMN No.                           BUMN         Regulation       No.     PER-
               PER-08/MBU/08/2020       perlu   dilakukan                        08/MBU/08/2020 requires strengthening
               penguatan terhadap fungsi Manajemen                               the Risk Management function, one of
               Risiko salah satunya menetapkan nilai RMI                         which is determining the RMI value as one
               sebagai salah satu indikator kinerja utama                        of the main performance indicators for
               peningkatan pengelolaan Risiko BUMN.                              improving BUMN Risk management. BNI's
               Hasil assessment RMI BNI telah mencapai                           RMI assessment results have achieved a
               skor “Managed” (tidak direviu dan tidak                           "Managed" score (not reviewed and
               diaudit).                                                         unaudited).

            Dalam      rangka     pemenuhan        kepatuhan                  In order to fulfill compliance with BUMN
            terhadap Peraturan Menteri BUMN No. PER-                          Ministerial   Regulation    No.     PER-02/
            02/ MBU/03/2023, maka akan dilakukan                              MBU/03/2023, an ongoing RMI assessment
            penilaian RMI secara berkelanjutan dengan                         will be carried out taking into account the
            memperhatikan keputusan deputi bidang                             decision of the deputy for finance and risk
            keuangan dan manajemen risiko KBUMN No.                           management       of   KBUMN      No.    SK-
                                                                              8/DKU.MBU/12/2023 dated 6 December 2023
            SK-8/DKU.MBU/12/2023 tanggal 6 Desember
                                                                              concerning RMI technical instructions. The
            2023 tentang Petunjuk teknis RMI. Penilaian                       RMI assessment will be carried out based on
            RMI akan dilakukan berbasis kinerja, yaitu                        performance,     namely    combining    RMI
            menggabungkan penilaian RMI berdasarkan 5                         assessments based on 5 dimensions, namely
            dimensi yaitu (1) budaya & kapabilitas risiko,                    (1) risk culture & capability, (2) risk
            (2) organisasi & tata kelola risiko, (3) kerangka                 organization & governance, (3) risk &
            risiko & kepatuhan, (4) proses & kontrol risiko,                  compliance framework, (4) risk processes &
            dan (5) model, data, dan teknologi risiko,                        controls, and (5) risk models, data and
            dengan realisasi kinerja yang terdiri dari                        technology, with performance realization
            Tingkat Kesehatan Peringkat Akhir (final                          consisting of Final Rating Health Level and
            rating) dan Peringkat Komposit Risiko.                            Risk Composite Rating.

            Pengungkapan lebih lanjut pada manajemen                          The further disclosures on risk management
            risiko diungkapkan pada Catatan 47.                               are presented in Note 47.




                                                       Halaman - 291 - Page
1502   Transforming the Future, Empowering Indonesia
Page 902
                                           PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                                      FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                      31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                             (Expressed in millions of Rupiah, unless otherwise stated)

59. INFORMASI   TAMBAHAN        YANG    TIDAK                                      59...ADDITIONAL INFORMATION THAT IS NOT
    DIPERSYARATKAN       OLEH        STANDAR                                            REQUIRED BY INDONESIAN ACCOUNTING
    AKUNTANSI INDONESIA (lanjutan)                                                      STANDARDS (continued)

    Informasi tambahan berikut yang disajikan dibawah                                    The following additional information presented
    ini merupakan informasi yang disyaratkan oleh                                        below is information required by applicable
    regulasi yang berlaku dan bukan/tidak merupakan                                      regulations and is not information required by
    informasi yang dipersyaratkan oleh Standar                                           Indonesian Accounting Standards: (continued)
    Akuntansi Indonesia: (lanjutan)

    m. Risiko pasar                                                                      m. Market risk

         Risiko mata uang                                                                    Currency risk

         Berikut adalah Posisi Devisa Neto (PDN),                                                Presented below is the Net Open Position
         dalam nilai absolut, BNI pada tanggal                                                   (NOP), in absolute amounts, of BNI as of
         31 Desember 2024 per mata uang, sesuai                                                  31 December 2024 by currency, based on
         dengan peraturan Bank Indonesia:                                                        Bank Indonesia regulations:
                                                                           2024

                                                      Aset/                Liabilitas/     Posisi Devisa Neto/
                Mata Uang                            Assets                Liabilities     Net Open Position                       Currencies

         KESELURUHAN (LAPORAN                                                                                                 AGGREGATE (STATEMENT
         POSISI KEUANGAN DAN                                                                                                OF FINANCIAL POSITION AND
         REKENING ADMINISTRATIF)                                                                                            ADMINISTRATIVE ACCOUNTS)
         Dolar Amerika Serikat                        504,259,275            504,848,665                 589,390                      United States Dollar
         Yen Jepang                                    24,568,493             24,514,414                  54,079                            Japanese Yen
         Euro Eropa                                    19,194,866             19,296,896                 102,030                           European Euro
         Dolar Singapura                                7,016,224              7,139,863                 123,639                          Singapore Dollar
         Yuan China                                     5,773,744              5,585,695                 188,049                             Chinese Yuan
         Pound sterling Inggris                         1,252,126              1,286,866                  34,740                    British Pound Sterling
         Dolar Hong Kong                                  908,009                891,483                  16,526                         Hong Kong Dollar
         Lain-lain                                      5,049,417              4,913,311                 210,189 *)                                Others
                                                                                                      1,318,642


         LAPORAN POSISI KEUANGAN                                                                                               STATEMENT OF FINANCIAL
                                                                                                                                                 POSITION
         Dolar Amerika Serikat                        290,730,836            295,940,547              5,209,711                       United States Dollar
         Yen Jepang                                    16,231,952             16,223,421                  8,531                              Japanese Yen
         Dolar Singapura                                4,393,175              4,523,324                130,149                            Singapore Dollar
         Yuan China                                     3,095,469              2,965,492                129,977                               Chinese Yuan
         Euro Eropa                                     3,925,460              2,227,695              1,697,765                             European Euro
         Dolar Hong kong                                  364,731                233,401                131,330                           Hong Kong Dollar
         Pound sterling Inggris                           419,095                130,399                288,696                      British Pound Sterling
         Lain-lain                                      3,291,288              2,113,416              1,177,872 *)                                  Others
                                                                                                      8,774,031

         Total Modal Tier I dan Tier II
           dikurangi penyertaan pada                                                                                           Total Tier I and II Capital less
           Entitas Anak (Catatan 53)                                                                152,307,417       investment in Subsidiaries (Note 53)

         Rasio PDN (Keseluruhan)                                                                          0.87%                       NOP Ratio (Aggregate)
         Rasio PDN (Laporan Posisi                                                                                                   NOP Ratio (Statement of
           Keuangan)                                                                                      5.76%                         Financial Position)

         *)   Merupakan penjumlahan absolut dari selisih antara aset dan                    *)    Sum of the absolute values of the difference between assets and
              liabilitas dari beberapa mata uang asing lainnya                                    liabilities of some foreign currencies




                                                               Halaman - 292 - Page                                         2024 Annual Report
                                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                                             1503
Page 903
                                             PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                                                 NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                                      FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                                      31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                              (Expressed in millions of Rupiah, unless otherwise stated)

  59. INFORMASI   TAMBAHAN        YANG    TIDAK                                       59...ADDITIONAL INFORMATION THAT IS NOT
      DIPERSYARATKAN       OLEH        STANDAR                                             REQUIRED BY INDONESIAN ACCOUNTING
      AKUNTANSI INDONESIA (lanjutan)                                                       STANDARDS (continued)

       Informasi tambahan berikut yang disajikan dibawah                                    The following additional information presented
       ini merupakan informasi yang disyaratkan oleh                                        below is information required by applicable
       regulasi yang berlaku dan bukan/tidak merupakan                                      regulations and is not information required by
       informasi yang dipersyaratkan oleh Standar                                           Indonesian Accounting Standards: (continued)
       Akuntansi Indonesia: (lanjutan)

       m. Risiko mata uang (lanjutan)                                                       m. Currency risk (continued)

           Berikut adalah Posisi Devisa Neto (PDN),                                             Presented below is the Net Open Position, in
           dalam nilai absolut, BNI pada tanggal                                                absolute amounts, of BNI as of 31 December
           31 Desember 2023 per mata uang, sesuai                                               2023 by currency, based on Bank Indonesia
           dengan peraturan Bank Indonesia:                                                     regulations:
                                                                              2023

                                                         Aset/                Liabilitas/     Posisi Devisa Neto/
                   Mata Uang                            Assets                Liabilities     Net Open Position                      Currencies

            KESELURUHAN (LAPORAN                                                                                                AGGREGATE (STATEMENT
            POSISI KEUANGAN DAN                                                                                               OF FINANCIAL POSITION AND
            REKENING ADMINISTRATIF)                                                                                           ADMINISTRATIVE ACCOUNTS)
            Dolar Amerika Serikat                        482,966,619            483,490,720               524,101                       United States Dollar
            Yen Jepang                                    29,024,960             28,947,537                77,423                             Japanese Yen
            Euro Eropa                                    15,405,504             15,588,925               183,421                            European Euro
            Dolar Singapura                                7,949,228              8,142,772               193,544                           Singapore Dollar
            Yuan China                                     5,144,957              5,127,937                17,020                              Chinese Yuan
            Pound sterling Inggris                         1,074,447              1,182,796               108,349                     British Pound Sterling
            Dolar Hong Kong                                  718,810                610,388               108,422                          Hong Kong Dollar
            Lain-lain                                      5,081,804              4,253,755             1,177,646 *)                                 Others
                                                                                                        2,389,926


            LAPORAN POSISI KEUANGAN                                                                                              STATEMENT OF FINANCIAL
                                                                                                                                                   POSITION
            Dolar Amerika Serikat                        294,512,516            297,006,830             2,494,314                       United States Dollar
            Yen Jepang                                    15,239,293             16,812,444             1,573,151                              Japanese Yen
            Dolar Singapura                                3,422,170              2,664,391               757,779                            Singapore Dollar
            Yuan China                                     2,893,282              2,593,590               299,692                               Chinese Yuan
            Euro Eropa                                     2,110,783                861,731             1,249,052                             European Euro
            Dolar Hong kong                                  411,655                241,927               169,728                           Hong Kong Dollar
            Pound sterling Inggris                           213,355                 91,092               122,263                      British Pound Sterling
            Lain-lain                                      2,179,517              1,078,579             1,100,938 *)                                  Others
                                                                                                        7,766,917

            Total Modal Tier I dan Tier II
              dikurangi penyertaan pada                                                                                         Total Tier I and II Capital less
              Entitas Anak (Catatan 53)                                                               142,016,389      investment in Subsidiaries (Note 53)

            Rasio PDN (Keseluruhan)                                                                         1.68%                       NOP Ratio (Aggregate)
            Rasio PDN (Laporan Posisi                                                                                                  NOP Ratio (Statement of
              Keuangan)                                                                                     5.47%                         Financial Position)

           *)    Merupakan penjumlahan absolut dari selisih antara aset dan                    *)   Sum of the absolute values of the difference between assets and
                 liabilitas beberapa mata uang asing lainnya                                        liabilities of some foreign currencies


            Pengungkapan lebih lanjut pada risiko pasar                                         The further disclosures on market risk are
            diungkapkan pada Catatan 50.                                                        presented in Note 50.




                                                                 Halaman - 293 - Page
1504   Transforming the Future, Empowering Indonesia
Page 904
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

59. INFORMASI   TAMBAHAN        YANG    TIDAK                    59...ADDITIONAL INFORMATION THAT IS NOT
    DIPERSYARATKAN       OLEH        STANDAR                          REQUIRED BY INDONESIAN ACCOUNTING
    AKUNTANSI INDONESIA (lanjutan)                                    STANDARDS (continued)

    Informasi tambahan berikut yang disajikan dibawah                The following additional information presented
    ini merupakan informasi yang disyaratkan oleh                    below is information required by applicable
    regulasi yang berlaku dan bukan/tidak merupakan                  regulations and is not information required by
    informasi yang dipersyaratkan oleh Standar                       Indonesian Accounting Standards: (continued)
    Akuntansi Indonesia: (lanjutan)

    n.   Risiko operasional                                          n.    Operational risk

         Dalam rangka menerapkan manajemen risiko                          In order to implement operational risk
         operasional, BNI mengacu pada ketentuan                           management, BNI made reference to Bank
         Bank Indonesia atau Otoritas Jasa Keuangan,                       Indonesia or Financial Authority Regulations,
         serta International Best Practices. BNI juga                      and also International Best Practices. BNI also
         memiliki       prosedur manajemen risiko                          has operational risk management procedures
         operasional yang disusun dan dievaluasi                           that are prepared and evaluated periodically
         secara berkala sebagai pedoman bagi                               as guidelines for all units in implementing the
         segenap unit kerja dalam melaksanakan                             operational risk management framework that
         kerangka kerja manajemen risiko operasional                       has been established by the Bank.
         yang telah ditetapkan oleh Bank.

         Strategi Manajemen Risiko Operasional                             The Operational Risk Management Strategy is
         dirumuskan sesuai strategi dan tujuan bisnis                      formulated according to the overall business
         secara keseluruhan dengan memperhatikan                           strategy and objectives by taking into account
         tingkat risiko yang akan diambil (risk appetite)                  the level of risk to be taken (risk appetite) and
         dan toleransi risiko (risk tolerance).                            risk tolerance.

         Tata kelola manajemen risiko operasional                          Operational risk management governance is
         diimplementasikan berdasarkan konsep Three                        implemented based on the Three Lines Model
         Lines Model yang membedakan antara Satuan                         concept which differentiates between Risk
         Kerja Operasional (Risk Taking Unit) yang                         Taking Units (RTU) that have the role as Risk
         merupakan Risk and Control Owner, Satuan                          and Control Owner, Risk Management Units
         Kerja Manajemen Risiko yang independen,                           that are independent to RTU, and Internal
         dan Satuan Kerja Audit Intern. Fungsi Risk                        Audit that independent to RTU and Risk
         Taking Unit dijalankan oleh Satuan Kerja                          Management Unit. The Risk Taking Unit
         Operasional dan spesifik untuk konteks risiko                     functions are carried out by the Operation
         operasional      bermitra   dengan     Senior                     Units and together with the Senior Operational
         Operational Risk Executive (SORX) dalam                           Risk Executive (SORX) mitigating the potential
         memitigasi risiko yang dihadapi. Satuan Kerja                     operational risks. Risk Management Units and
         Manajemen Risiko bersama dengan Satuan                            Compliance Unit are monitoring risks and
         Kerja Kepatuhan bertugas memantau risiko                          providing policies/ procedures related to risk
         dan menyediakan kebijakan/ prosedur terkait                       management to minimise risks, and reviewing
         manajemen risiko untuk meminimalisir risiko ,                     new bank products. Internal Audit is ensuring
         serta me-review produk bank baru. Satuan                          the effectiveness of risk management and
         Kerja Audit Intern bertugas memastikan                            internal control.
         efektivitas     pengelolaan     risiko   dan
         pengendalian intern.

         Dalam      menerapkan     manajemen      risiko                   In order to implement operational risk
         operasional, Bank perlu diperlengkapi dengan                      management, Banks also need to be equipped
         tools dan metodologi. Tools dan metodologi                        with tools and methodologies. Tools applied in
         yang diterapkan dalam manajemen risiko                            operational risk management include:
         operasional antara lain:
         1) Escalation                                                     1) Escalation
              Merupakan proses penyampaian setiap                             It is the process of reporting every
              kejadian risiko operasional signifikan                          significant operational risk event to the
              kepada Direksi dengan tujuan informasi                          Board of Directors with the aim that
              dan kejadian dapat tersampaikan dan                             information and events can be reported and
              diselesaikan dengan cepat dan tepat.                            resolved quickly and precisely.




                                                    Halaman - 294 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1505
Page 905
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  59. INFORMASI   TAMBAHAN        YANG    TIDAK                     59...ADDITIONAL INFORMATION THAT IS NOT
      DIPERSYARATKAN       OLEH        STANDAR                           REQUIRED BY INDONESIAN ACCOUNTING
      AKUNTANSI INDONESIA (lanjutan)                                     STANDARDS (continued)

       Informasi tambahan berikut yang disajikan dibawah                The following additional information presented
       ini merupakan informasi yang disyaratkan oleh                    below is information required by applicable
       regulasi yang berlaku dan bukan/tidak merupakan                  regulations and is not information required by
       informasi yang dipersyaratkan oleh Standar                       Indonesian Accounting Standards: (continued)
       Akuntansi Indonesia: (lanjutan)

       n.   Risiko operasional (lanjutan)                               n.    Operational risk (continued)

            Dalam    menerapkan         manajemen   risiko                    In order to implement operational risk
            operasional, Bank perlu diperlengkapi dengan                      management, Banks also need to be equipped
            tools dan metodologi. Tools dan metodologi                        with tools and methodologies. Tools applied in
            yang diterapkan dalam manajemen risiko                            operational    risk  management       include:
            operasional antara lain: (lanjutan)                               (continued)

            2)   Capital                                                      2)   Capital
                 Modal Minimum Risiko Operasional dan                              Minimum Operational Risk Capital and
                 ATMR      untuk   Risiko    Operasional                           RWA for Operational Risk are used as
                 dipergunakan sebagai salah satu elemen                            one of the elements in calculating the
                 dalam menghitung besarnya perhitungan                             capital adequacy ratio (Capital Adequacy
                 kecukupan modal (Capital Adequacy                                 Ratio). The RWA calculation method for
                 Ratio). Metode perhitungan ATMR untuk                             Operational Risk refers to applicable
                 Risiko Operasional mengacu pada                                   regulations from the Financial Services
                 regulasi dari Otoritas Jasa Keuangan                              Authority using      standard approach
                 yang berlaku dengan menggunakan                                   method.
                 pendekatan standar.

            3)   ICAAP (Internal Capital Adequacy                             3)   ICAAP     (Internal   Capital  Adequacy
                 Assessment Process)                                               Assessment Process)
                 Proses yang dilakukan Bank untuk                                  The process carried out by the Bank to
                 menetapkan kecukupan modal sesuai                                 determine capital adequacy in accordance
                 dengan profil risiko Bank dan penetapan                           with the Bank's risk profile and
                 strategi untuk       memelihara  tingkat                          determining strategies to maintain capital
                 permodalan.                                                       levels.
                                                                              
            4)   Risk Control Self-Assessment (RCSA)/                         4)   RCSA (Risk Control Self-Assessment) /
                 Process, Risk, Control, & Monitoring                              PRCM (Process, Risk, Control, &
                 (PRCM)                                                            Monitoring)
                  RCSA      merupakan      sebuah    proses                        RCSA is a process of identifying,
                 identifikasi, pengukuran, pemantauan, dan                         measuring, monitoring and controlling
                 pengendalian risiko yang dilakukan secara                         risks that is carried out periodically
                 periodik secara self-assessment oleh                              through self-assessment by the RTU,
                 segenap unit kerja, yang bertujuan untuk                          which aims to evaluate potential
                 mengevaluasi potensi kelemahan kontrol                            weaknesses in the existing controls so
                 yang ada sehingga risiko dapat terjadi.                           that risks may occur.
                  PRCM merupakan sebuah pendekatan                                 PRCM is an approach or framework for
                 atau kerangka berpikir dalam memetakan                            mapping key processes, key risks, key
                 key process, key risk, key control, dan                           control and monitoring on which RCSA
                 monitoring yang menjadi sebuah dasar                              activities can be implemented.
                 aktivitas RCSA dapat diimplementasikan.

            5)   Operational     Risk    Event     (ORE)                      5)   Operational Risk Event Management
                 Management                                                        (ORE)
                  Merupakan     sebuah    proses    untuk                          It is a process for identifying an
                 mengidentifikasi sebuah kejadian risiko                           operational risk event, recording, reporting
                 operasional, mencatat, melaporkan, serta                          and analyzing existing events as a means
                 menganalisis kejadian yang ada sebagai                            of preparing the necessary follow-up
                 suatu sarana untuk menyusun tindak                                actions as future preventive actions and
                 lanjut yang diperlukan sebagai tindakan                           necessary remediation actions.
                 preventif kedepannya maupun tindakan
                 remediasi yang diperlukan.




                                                       Halaman - 295 - Page
1506   Transforming the Future, Empowering Indonesia
Page 906
                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                       DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                               FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

59. INFORMASI   TAMBAHAN        YANG    TIDAK                    59...ADDITIONAL INFORMATION THAT IS NOT
    DIPERSYARATKAN       OLEH        STANDAR                          REQUIRED BY INDONESIAN ACCOUNTING
    AKUNTANSI INDONESIA (lanjutan)                                    STANDARDS (continued)

    Informasi tambahan berikut yang disajikan dibawah                The following additional information presented
    ini merupakan informasi yang disyaratkan oleh                    below is information required by applicable
    regulasi yang berlaku dan bukan/tidak merupakan                  regulations and is not information required by
    informasi yang dipersyaratkan oleh Standar                       Indonesian Accounting Standards: (continued)
    Akuntansi Indonesia: (lanjutan)

    n.   Risiko operasional (lanjutan)                               n.    Operational risk (continued)

         Dalam    menerapkan         manajemen   risiko                    In order to implement operational risk
         operasional, Bank perlu diperlengkapi dengan                      management, Banks also need to be equipped
         tools dan metodologi. Tools dan metodologi                        with tools and methodologies. Tools applied in
         yang diterapkan dalam manajemen risiko                            operational    risk  management       include:
         operasional antara lain: (lanjutan)                               (continued)

         6)   Control Improvement Plan (CIP)                               6)   Control Improvement Plan (CIP)
              Merupakan         mekanisme         untuk                         It is a mechanism for identifying,
              mengidentifikasi,   menetapkan,       dan                         establishing and monitoring control
              memantau perbaikan kontrol dalam suatu                            improvements in a business process
              proses bisnis yang dapat bersumber dari                           which can be sourced from the results of
              hasil aktivitas RCSA, tindak lanjut                               RCSA      activities, as   follow-up  to
              kejadian risiko operasional, arahan                               operational risk incidents, management
              manajemen, hasil diskusi rutin unit kerja,                        direction, results of routine RTU
              dan lain-lain. Hal ini bertujuan agar                             discussions, etc. This CIP also aimed to
              perbaikan dan peningkatan kontrol                                 ensure that control improvements and
              dilakukan secara berkelanjutan serta                              enhancements are carried out on an
              merupakan cerminan dari budaya risiko                             ongoing basis and as a reflection of a
              yang kuat.                                                        strong risk culture.

         7)   Lesson Learned                                               7)   Lessons Learned
              Merupakan penyusunan kajian mendalam                              It is the preparation of an in-depth study of
              atas kejadian risiko operasional yang                             material operational risk events with the
              bersifat material dengan tujuan agar                              aim that lessons can be learned and
              pelajaran dapat dipetik dan tindak lanjut                         follow-up actions can be formulated so
              dapat dirumuskan agar kejadian yang                               that the same incident will not happen
              sama tidak akan terjadi lagi.                                     again.

         8)   Reporting                                                    8)   Reporting
              Pelaporan risiko operasional merupakan                            Operational risk reporting is a media for
              media komunikasi dan informasi perihal                            communication and information regarding
              pengendalian risiko operasional kepada                            operational risk control to management as
              manajemen sebagai pertimbangan dalam                              a consideration in making strategic
              pengambilan keputusan strategis.                                  decisions.

         9)   Risk Taxonomy                                                9)   Risk Taxonomy
              Bank menetapkan taksonomi risiko                                  The Bank has set a risk taxonomy as a
              sebagai suatu acuan dalam pemetaan                                reference in mapping all existing work
              semua perangkat kerja yang ada                                    tools so that identification becomes more
              sehingga identifikasi menjadi lebih                               granular and follow-up actions taken can
              granular dan tindak lanjut yang diambil                           be more focused.
              dapat menjadi lebih berfokus.




                                                    Halaman - 296 - Page                              2024 Annual Report
                                                                                    PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1507
Page 907
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

  59. INFORMASI   TAMBAHAN        YANG    TIDAK                     59...ADDITIONAL INFORMATION THAT IS NOT
      DIPERSYARATKAN       OLEH        STANDAR                           REQUIRED BY INDONESIAN ACCOUNTING
      AKUNTANSI INDONESIA (lanjutan)                                     STANDARDS (continued)
       Informasi tambahan berikut yang disajikan dibawah                The following additional information presented
       ini merupakan informasi yang disyaratkan oleh                    below is information required by applicable
       regulasi yang berlaku dan bukan/tidak merupakan                  regulations and is not information required by
       informasi yang dipersyaratkan oleh Standar                       Indonesian Accounting Standards: (continued)
       Akuntansi Indonesia: (lanjutan)
       n.   Risiko operasional (lanjutan)                               n.    Operational risk (continued)
            Kerangka kerja manajemen risiko operasional                       The operational risk management framework
            dapat berjalan dengan baik apabila ditopang                       can run well if it is supported by a strong
            oleh pondasi yang kuat dalam bentuk                               foundation in the form of several main aspects
            beberapa aspek utama sebagai berikut:                             as follows:
            1) Organization and Technology                                    1) Organization and Technology
               Dalam menjalankan manajemen risiko                                To       implement       operational       risk
               operasional       diperlukan       dukungan                       management,       requires      organizational
               organisasi yang memiliki gambaran jelas                           support that has a clear picture of duties
               terkait tugas dan tanggung jawab yang                             and     responsibilities   that    are    fully
               dipahami secara utuh oleh semua unit                              understood by units. Check & Balance
               kerja. Check & Balance terjadi dalam                              occurs within the organization so that the
               organisasi sehingga proses manajemen                              operational risk management process can
               risiko operasional dapat berjalan sesuai                          run as planned.
               dengan yang direncanakan.
               Penggunaan dan penerapan teknologi                                The use and application of information
               informasi     dapat    mendukung      proses                      technology can support operational risk
               manajemen risiko operasional dimana                               management processes, where with bank
               dengan kompleksitas bank, otomasi proses                          complexity, process automation and control
               dan otomasi proses kontrol akan dapat                             process automation are expected to be
               memaksimalkan upaya mitigasi risiko.                              able to maximise risk mitigation efforts. And
               Serta adanya data yang terintegrasi untuk                         the existence of integrated data for
               risiko operasional dapat menghasilkan                             operational risks can produce complete and
               informasi yang lengkap dan akurat yang                            accurate information that can be used in
               dapat digunakan dalam pengelolaan risiko                          managing operational risks and as
               operasional serta sebagai data pendukung                          supporting data in decision making by
               dalam pengambilan keputusan oleh                                  management.
               manajemen.
            2) Risk Culture, Conduct, and Cultural                            2) Risk Culture, Conduct, and Cultural
               Mindset                                                           Mindset
               Pondasi yang terpenting dan fundamental                           The most important and fundamental
               adalah budaya risiko yang kuat, perilaku                          foundation is a strong risk culture,
               pegawai yang sesuai atas risk & control,                          appropriate employee behavior regarding
               dan mindset yang tepat atas manajemen                             risk & control, and the right mindset for risk
               risiko. Dengan terpenuhinya aspek ini,                            management. By fulfilling this aspect, the
               maka proses manajemen risiko dapat                                risk management process can run
               berjalan dengan efektif dimana garda                              effectively, where the front guard dealing
               terdepan yang berhadapan dengan risiko                            with risk can optimally mitigate risk and this
               dapat secara optimal memitigasi risiko dan                        will also be complemented by other
               hal ini juga akan dilengkapi oleh metodologi                      methodologies so that risk management
               lainnya sehingga upaya manajemen risiko                           efforts can be maximally beneficial.
               dapat bermanfaat secara maksimal.
            Terkait dengan kelangsungan usaha bila                            Regarding the business resilience when
            terjadi kondisi disaster (bencana), BNI juga                      disaster occurs, BNI has Business Continuity
            sudah     mempunyai      prosedur     Business                    Management (BCM) procedures, which is a
            Continuity Management (BCM), yaitu suatu                          formal mechanism which combined strategies,
            mekanisme formal yang merupakan kombinasi                         procedures and organizations developed to
            antara strategi, prosedur, dan organisasi yang                    ensure operational continuity of critical
            dikembangkan          untuk       memastikan                      functions under certain levels of services when
            kelangsungan operasional dari fungsi-fungsi                       a disturbance or disaster is encountered. This
            usaha yang kritikal pada tingkat layanan                          procedures is applied for all business units in
            tertentu pada saat terjadi gangguan atau                          BNI for both domestic and overseas.
            bencana. Prosedur ini mencakup semua unit
            usaha yang ada di BNI, baik di dalam negeri
            maupun di luar negeri.
            BNI memiliki infrastruktur yang dibutuhkan                        BNI has the infrastructure needed to
            dalam implementasi BCM seperti Data Center                        implement BCM such as Data Center (DC),
            (DC), Disaster Recovery Center (DRC), dan                         Disaster Recovery Center (DRC), and BCM
            Lokasi Alternatif Gedung BCM.                                     Alternative Building.

                                                       Halaman - 297 - Page
1508   Transforming the Future, Empowering Indonesia
Page 908
                                     PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                        DAN ENTITAS ANAK/AND SUBSIDIARIES

CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                                       FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                       31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)              (Expressed in millions of Rupiah, unless otherwise stated)

59. INFORMASI   TAMBAHAN        YANG    TIDAK                        59...ADDITIONAL INFORMATION THAT IS NOT
    DIPERSYARATKAN       OLEH        STANDAR                              REQUIRED BY INDONESIAN ACCOUNTING
    AKUNTANSI INDONESIA (lanjutan)                                        STANDARDS (continued)

    Informasi tambahan berikut yang disajikan dibawah                    The following additional information presented
    ini merupakan informasi yang disyaratkan oleh                        below is information required by applicable
    regulasi yang berlaku dan bukan/tidak merupakan                      regulations and is not information required by
    informasi yang dipersyaratkan oleh Standar                           Indonesian Accounting Standards: (continued)
    Akuntansi Indonesia: (lanjutan)

    o.   Manajemen modal                                                 o.     Capital management

         Pada tanggal 31 Desember 2024 dan 2023,                                As of 31 December 2024 and 2023, the Bank
         Bank telah memenuhi semua persyaratan                                  has complied with all capital requirements.
         modal yang diwajibkan.

         Rasio Liabilitas Penyediaan Modal Minimum                              Capital Adequacy Ratio

         Rasio Liabilitas Penyediaan Modal Minimum                              The Capital Adequacy Ratio (CAR) is the ratio
         (Capital Adequacy Ratio (CAR)) adalah rasio                            of the Bank’s capital over its Risk - Weighted
         modal terhadap aset tertimbang menurut risiko                          Assets (RWA). Based on Bank Indonesia
         (Risk - Weighted Assets (RWA)). Berdasarkan                            regulations, the total capital for credit risk
         peraturan Bank Indonesia, jumlah modal untuk                           consists of core capital (Tier I) and
         risiko kredit terdiri dari Modal Inti ("Tier I") dan                   supplementary      capital   (Tier    II)  less
         Modal Pelengkap ("Tier II") dikurangi                                  investments in Subsidiaries. In accordance
         penyertaan pada Entitas Anak. Sesuai dengan                            with OJK Regulation No. 11/POJK.03/2016,
         Peraturan      OJK      No.    11/POJK.03/2016,                        OJK Regulation No. 34/POJK.03/2016, OJK
         Peraturan OJK No. 34/POJK.03/2016, dan                                 Regulation No. 27 of 2022 concerning the
         Peraturan OJK No. 27 Tahun 2022 tentang                                Minimum Capital Requirement for Commercial
         Kewajiban Penyediaan Modal Minimum Bank                                Banks      and      OJK      Circular     Letter
         Umum         dan       Surat     Edaran         OJK                    No.9/SEOJK.03/2020 on Transparency and
         No.9/SEOJK.03/2020 tentang Transparansi                                Publication Conventional Commercial Bank
         dan     Publikasi      Laporan     Bank      Umum                      Report, since the end of the month of
         Konvensional, sejak akhir bulan September                              September 2016, Specific Reserves can no
         2016, Cadangan Tujuan tidak dapat lagi                                 longer be taken into account as a component
         diperhitungkan sebagai komponen Modal                                  of Bank’s Capital.
         Bank.

         Rasio Kecukupan Modal (hanya BNI) pada                                 The Capital Adequacy Ratio of BNI (BNI only)
         tanggal-tanggal 31 Desember 2024 dan 2023                              as of 31 December 2024 and 2023 is as
         adalah sebagai berikut:                                                follows:

                                                     2024                 2023

         BNI - tanpa memperhitungkan                                                                         BNI - without considering
           risiko pasar                                                                                                  market risk
         Aset Tertimbang Menurut Risiko              660,200,271           609,160,539                            Risk Weighted Assets
         Total Modal                                 152,307,417           142,016,389                                     Total Capital
         Rasio Liabilitas Penyediaan
           Modal Minimum BNI                                23.07%                23.31%                        Capital Adequacy Ratio
         Rasio Liabilitas Penyediaan
           Modal Minimum yang diwajibkan                                                               Minimum Capital Adequacy Ratio
           oleh Otoritas Jasa Keuangan                       9.80%                9.80%         required by Financial Service Authority

         BNI - dengan memperhitungkan                                                                                BNI - considering
           risiko pasar dan kredit                                                                           market and credit risks
         Aset Tertimbang Menurut Risiko               674,362,768             611,972,160                        Risk Weighted Assets
         Total Modal                                  152,307,417             142,016,389                                 Total Capital
         Rasio Liabilitas Penyediaan
           Modal Minimum BNI                                22.59%                23.21%                        Capital Adequacy Ratio
         Rasio Liabilitas Penyediaan
           Modal Minimum yang diwajibkan                                                              Minimum Capital Adequacy Ratio
           oleh Otoritas Jasa Keuangan                      9.80%                 9.80%        required by Financial Service Authority




                                                     Halaman - 298 - Page                                     2024 Annual Report
                                                                                            PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                     1509
Page 909
                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           DAN ENTITAS ANAK/AND SUBSIDIARIES

  CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE CONSOLIDATED
  KONSOLIDASIAN                                                                                    FINANCIAL STATEMENTS
  31 DESEMBER 2024 DAN 2023                                                                    31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)              (Expressed in millions of Rupiah, unless otherwise stated)

  59. INFORMASI   TAMBAHAN        YANG    TIDAK                        59...ADDITIONAL INFORMATION THAT IS NOT
      DIPERSYARATKAN       OLEH        STANDAR                              REQUIRED BY INDONESIAN ACCOUNTING
      AKUNTANSI INDONESIA (lanjutan)                                        STANDARDS (continued)

       Informasi tambahan berikut yang disajikan dibawah                   The following additional information presented
       ini merupakan informasi yang disyaratkan oleh                       below is information required by applicable
       regulasi yang berlaku dan bukan/tidak merupakan                     regulations and is not information required by
       informasi yang dipersyaratkan oleh Standar                          Indonesian Accounting Standards: (continued)
       Akuntansi Indonesia: (lanjutan)

       o.   Manajemen modal (lanjutan)                                     o.    Capital management (continued)

            Rasio Liabilitas Penyediaan Modal Minimum                            Capital Adequacy Ratio (continued)
            (lanjutan)

            Rasio Kecukupan Modal (hanya BNI) pada                               The Capital Adequacy Ratio of BNI (BNI only)
            tanggal-tanggal 31 Desember 2024 dan 2023                            as of 31 December 2024 and 2023 is as
            adalah sebagai berikut: (lanjutan)                                   follows: (continued)

                                                       2024                 2023

            BNI - dengan memperhitungkan                                                                          BNI - considering
              risiko operasional, mulai berlaku                                                         operational risk, effective
              sejak 1 Januari 2010                                                                          since 1 January 2010
            Aset Tertimbang Menurut Risiko              711,773,633             646,939,036                    Risk Weighted Assets
            Total Modal                                 152,307,417             142,016,389                             Total Capital
            Rasio Liabilitas Penyediaan
              Modal Minimum BNI                               21.40%                21.95%                    Capital Adequacy Ratio
            Rasio Liabilitas Penyediaan
              Modal Minimum yang diwajibkan                                                           Minimum Capital Adequacy Ratio
              oleh Otoritas Jasa Keuangan                     9.80%                 9.80%     required by Financial Service Authority




                                                       Halaman - 299 - Page
1510   Transforming the Future, Empowering Indonesia
Page 910
                    INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION

                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                          ENTITAS INDUK/PARENT ENTITY

LAPORAN POSISI KEUANGAN                                                    STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023                                                         31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                   (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                  unless otherwise stated)


                                                 2024              2023

ASET                                                                                                                ASSETS

Kas                                              13,616,467        11,123,073                                              Cash

Giro pada Bank Indonesia                         50,993,488        64,306,677         Current accounts with Bank Indonesia

Giro pada bank lain                              21,826,713        34,799,576            Current accounts with other banks
Dikurangi: Cadangan kerugian penurunan nilai             (6)               (2)        Less: Allowance for impairment losses
                                                 21,826,707        34,799,574

Penempatan pada bank lain dan                                                              Placements with other banks and
  Bank Indonesia                                 13,173,121        40,778,538                              Bank Indonesia
Dikurangi: Cadangan kerugian penurunan nilai             (6)               (1)        Less: Allowance for impairment losses
                                                 13,173,115        40,778,537

Efek-efek                                        40,837,596        27,178,454                         Marketable securities
Dikurangi: Cadangan kerugian penurunan nilai           (270)         (242,941)        Less: Allowance for impairment losses
                                                 40,837,326        26,935,513

Efek-efek yang dibeli                                                                                  Securities purchased
  dengan janji dijual kembali                     7,281,260         9,948,586                   under agreements to resell

Wesel ekspor dan tagihan lainnya                 13,295,854        19,277,495                     Bills and other receivables
Dikurangi: Cadangan kerugian penurunan nilai        (52,828)         (278,501)        Less: Allowance for impairment losses
                                                 13,243,026        18,998,994

Tagihan akseptasi                                16,002,813        17,544,789                       Acceptance receivables
Dikurangi: Cadangan kerugian penurunan nilai        (93,171)         (477,362)        Less: Allowance for impairment losses
                                                 15,909,642        17,067,427

Tagihan derivatif                                 1,792,978           995,677                          Derivative receivables

Pinjaman yang diberikan                         761,550,303       687,912,534                                        Loans
Dikurangi: Cadangan kerugian penurunan nilai    (38,328,597)      (46,925,323)        Less: Allowance for impairment losses
                                                723,221,706       640,987,211

Obligasi Pemerintah setelah penyesuaian                                                    Government Bonds adjusted for
  amortisasi diskonto dan premi                 112,491,067       113,494,401       amortization of discount and premium
Dikurangi: Cadangan kerugian penurunan nilai         (2,988)           (1,504)       Less: Allowance for impairment losses
                                                112,488,079       113,492,897

Pajak dibayar di muka                                      -          626,869                                  Prepaid taxes

Beban dibayar di muka                             2,805,977         2,668,856                              Prepaid expenses

Investasi pada entitas asosiasi                  12,748,127        11,283,466                       Investment in associates

Penyertaan saham - bersih                         5,952,954         5,937,637                        Equity investments - net

Aset lain-lain - bersih                          12,198,918        14,586,449                              Other assets - net

Aset tetap                                        47,342,360        43,260,975                               Fixed assets
Dikurangi: Akumulasi penyusutan                  (17,793,691)      (16,349,491)             Less: Accumulated depreciation

                                                 29,548,669        26,911,484

Aset pajak tangguhan - bersih                     6,786,150         7,276,800                       Deferred tax assets - net

TOTAL ASET                                     1,084,424,589     1,048,725,727                              TOTAL ASSETS




                                               Lampiran – 1/1 – Schedule
                                                                                                    2024 Annual Report
                                                                                  PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                             1511
Page 911
                      INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION

                                         PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                               ENTITAS INDUK/PARENT ENTITY

  LAPORAN POSISI KEUANGAN                                                           STATEMENTS OF FINANCIAL POSITION
  31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah,                                                          (Expressed in millions of Rupiah,
  kecuali dinyatakan lain)                                                                         unless otherwise stated)


                                                          2024              2023

  LIABILITAS DAN EKUITAS                                                                             LIABILITIES AND EQUITY

  LIABILITAS                                                                                                      LIABILITIES

  Liabilitas segera                                        5,486,691         5,149,449              Obligations due immediately

  Simpanan nasabah                                       792,672,134       801,708,861                 Deposits from customers

  Simpanan dari bank lain                                 18,513,894        11,846,032                Deposits from other banks

  Liabilitas derivatif                                     1,479,185           810,462                      Derivative payables

  Efek-efek yang dijual                                                                                   Securities sold under
    dengan janji dibeli kembali                           15,890,945         6,891,177              agreements to repurchase

  Liabilitas akseptasi                                     4,213,527         5,724,660                    Acceptance payables

  Beban yang masih harus dibayar                           1,264,319         1,463,839                       Accrued expenses

  Utang pajak                                                                                                    Taxes payable
    - Pajak penghasilan badan                                202,599           679,669                Corporate income tax -
    - Pajak lainnya                                           84,312           101,409                         Other taxes -

  Total utang pajak                                          286,911           781,078                      Total taxes payable

  Imbalan kerja                                            6,877,242         6,728,829                       Employee benefits

  Penyisihan                                               2,283,222         2,172,732                                Provision

  Liabilitas lain-lain                                     7,023,812         7,671,839                          Other liabilities

  Efek-efek yang diterbitkan                              13,045,283         4,998,280                        Securities issued

  Pinjaman yang diterima                                  39,586,461        29,919,191                              Borrowings

  Efek-efek subordinasi                                   17,699,183        16,928,731                  Subordinated securities

  TOTAL LIABILITAS                                       926,322,809       902,795,160                     TOTAL LIABILITIES




                                                        Lampiran – 1/2 – Schedule
1512    Transforming the Future, Empowering Indonesia
Page 912
                 INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION

                                       PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                             ENTITAS INDUK/PARENT ENTITY

LAPORAN POSISI KEUANGAN                                                    STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023                                                         31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                   (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                  unless otherwise stated)


                                                  2024             2023

EKUITAS                                                                                                             EQUITY
Modal saham:                                                                                                   Share capital:
  - Seri A Dwiwarna - nilai nominal                                                                  Class A Dwiwarna -
    Rp3.750 per saham                                                                      Rp3,750 par value per share
    (dalam Rupiah penuh)                                                                        (in full Rupiah amount)
  - Seri B - nilai nominal                                                                           Class B – Rp3,750 -
    Rp3.750 per saham                                                                               par value per share
    (dalam Rupiah penuh)                                                                        (in full Rupiah amount)
  - Seri C - nilai nominal                                                                           Class C – Rp187.5 -
    Rp187,5 per saham                                                                               par value per share
    (dalam Rupiah penuh)                                                                        (in full Rupiah amount)

Modal dasar:                                                                                     Share capital - Authorised:
  - Seri A Dwiwarna - 1 saham                                                              Class A Dwiwarna - 1 share -
  - Seri B – 578.683.733 saham                                                           Class B – 578,683,733 shares -
  - Seri C – 68.426.325.320 saham                                                     Class C – 68,426,325,320 shares -

Modal ditempatkan dan disetor penuh:                                                                  Issued and fully paid:
  - Seri A Dwiwarna - 1 saham                                                              Class A Dwiwarna - 1 share -
  - Seri B – 578.683.733 saham                                                           Class B – 578,683,733 shares -
  - Seri C – 36.678.114.582 saham                  9,054,807        9,054,807         Class C – 36,678,114,582 shares -

Tambahan modal disetor                            19,633,584       19,633,584                       Additional paid-in capital

Cadangan pembayaran berbasis saham                   322,589          260,116                 Share-based payment reserve

Cadangan revaluasi aset                           16,646,723       15,383,157                      Asset revaluation reserve

Kerugian yang belum direalisasi                                                                 Unrealised loss on available-
  atas efek-efek dan Obligasi Pemerintah                                                     for-sale marketable securities
  dalam kelompok tersedia untuk dijual,                                                           and Government Bonds,
  setelah pajak                                    (1,426,665)       (959,372)                                   net of tax

                                                                                                       Exchange difference in
Selisih kurs karena penjabaran laporan                                                       translation of foreign currency
  keuangan dalam mata uang asing                      (97,232)         (58,923)                        financial statements

Saldo laba                                                                                               Retained earnings
  Sudah ditentukan penggunaannya                                                                             Appropriated
     Cadangan umum dan wajib                       2,778,412        2,778,412                 General and legal reserves
     Cadangan khusus                                       -                -                          Specific reserves
  Tidak ditentukan penggunaannya                 111,189,562      100,018,746                               Unappropriated

                                                 113,967,974      102,797,158

Saham treasuri                                              -        (179,960)                               Treasury shares

TOTAL EKUITAS                                    158,101,780      145,930,567                               TOTAL EQUITY

TOTAL LIABILITAS DAN EKUITAS                    1,084,424,589    1,048,725,727           TOTAL LIABILITIES AND EQUITY




                                               Lampiran – 1/3 – Schedule
                                                                                                    2024 Annual Report
                                                                                  PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                           1513
Page 913
                  INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION

                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              ENTITAS INDUK/PARENT ENTITY

  LAPORAN LABA RUGI DAN PENGHASILAN                                      STATEMENTS OF PROFIT OR LOSS AND OTHER
  KOMPREHENSIF LAIN                                                                       COMPREHENSIVE INCOME
  UNTUK TAHUN-TAHUN YANG BERAKHIR                                                            FOR THE YEARS ENDED
  31 DESEMBER 2024 DAN 2023                                                            31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah,                                                      (Expressed in millions of Rupiah,
  kecuali dinyatakan lain)                                                                     unless otherwise stated)


                                                         2024              2023

  PENDAPATAN BUNGA                                       64,923,225        60,520,375                          INTEREST INCOME

  BEBAN BUNGA                                            (25,435,146)      (19,850,706)                      INTEREST EXPENSE

  PENDAPATAN BUNGA - BERSIH                              39,488,079        40,669,669                  INTEREST INCOME - NET

  PENDAPATAN OPERASIONAL
    LAINNYA                                                                                     OTHER OPERATING INCOME
  Provisi dan komisi lainnya                             10,551,324        10,445,335                Other fee and commission
  Laba dari entitas asosiasi                              1,629,349         1,326,932      Income from investment in associates
  Penerimaan kembali aset yang telah
    dihapusbukukan                                        6,025,183         5,029,766                Recovery of assets written off
  Keuntungan yang belum
    direalisasi dari perubahan nilai wajar                                                             Unrealised gain on changes
    aset keuangan yang diukur                                                                     in fair value of financial assets
    pada nilai wajar melalui laba rugi                      121,796               63,732              at fair through profit or loss
  Keuntungan dari penjualan aset keuangan                                                           Gain on sale of financial assets
    yang diukur pada nilai wajar melalui                                                   at fair value through comprehensive
    penghasilan komprehensif lain dan                                                              income and fair value through
    nilai wajar melalui laba rugi                         1,737,167         1,153,663                                  profit or loss
  Laba selisih kurs - bersih                              1,261,260         1,019,260                 Foreign exchange gains - net
  Lain-lain                                                 491,696           442,674                                            Others

  TOTAL PENDAPATAN                                                                                  TOTAL OTHER OPERATING
    OPERASIONAL LAINNYA                                  21,817,775        19,481,362                            INCOME

  PEMBENTUKAN CADANGAN KERUGIAN                                                                              ALLOWANCE FOR
    PENURUNAN NILAI                                       (7,980,678)       (9,070,912)                 IMPAIRMENT LOSSES

  BEBAN OPERASIONAL LAINNYA                                                                   OTHER OPERATING EXPENSES
  Gaji dan tunjangan                                     (12,859,782)      (11,891,511)        Salaries and employees’ benefits
  Umum dan administrasi                                   (8,313,035)       (8,501,261)              General and administrative
  Beban promosi                                           (1,048,227)         (996,481)                     Promotion expense
  Premi penjaminan                                        (1,567,476)       (1,476,244)                     Guarantee premium
  Lain-lain                                               (3,557,167)       (2,937,787)                                 Others

  TOTAL BEBAN OPERASIONAL LAINNYA                        (27,345,687)      (25,803,284)        TOTAL OPERATING EXPENSES

  LABA OPERASIONAL                                       25,979,489        25,276,835                       OPERATING INCOME

  PENDAPATAN/(BEBAN) BUKAN                                                                                  NON-OPERATING
    OPERASIONAL - BERSIH                                        85,290         (21,236)           INCOME/(EXPENSES) - NET

  LABA SEBELUM BEBAN PAJAK                               26,064,779        25,255,599         INCOME BEFORE TAX EXPENSE

  BEBAN PAJAK                                                                                                       TAX EXPENSE
    Kini                                                  (4,447,711)       (4,386,618)                                 Current
    Tangguhan                                               (410,731)          (84,783)                                Deferred

  TOTAL BEBAN PAJAK                                       (4,858,442)       (4,471,401)                    TOTAL TAX EXPENSE

  LABA TAHUN BERJALAN                                    21,206,337        20,784,198                   INCOME FOR THE YEAR




                                                       Lampiran – 2/1 – Schedule
1514   Transforming the Future, Empowering Indonesia
Page 914
                INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION

                                     PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                           ENTITAS INDUK/PARENT ENTITY

LAPORAN LABA RUGI DAN PENGHASILAN                              STATEMENTS OF PROFIT OR LOSS AND OTHER
KOMPREHENSIF LAIN                                                               COMPREHENSIVE INCOME
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                    FOR THE YEARS ENDED
31 DESEMBER 2024 DAN 2023                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                              (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                             unless otherwise stated)


                                               2024              2023

LABA TAHUN BERJALAN                             21,206,337       20,784,198                      INCOME FOR THE YEAR

PENGHASILAN KOMPREHENSIF                                                                        OTHER COMPREHENSIVE
  LAIN:                                                                                                   INCOME:

Pos-pos yang tidak akan                                                                              Items that will not be
  direklasifikasi ke laba rugi                                                              reclassified to profit or loss

Keuntungan revaluasi aset tetap                  1,263,566                   -           Gain on revaluation of fixed assets

Pengukuran kembali liabilitas                                                                       Remeasurement of post
  imbalan kerja                                    517,551         (504,986)                         employment benefit

Pajak penghasilan terkait dengan                                                                     Income tax relating to
  komponen pendapatan                                                                               components of other
  komprehensif lain                                (98,335)             95,945                    comprehensive income

Pos-pos yang akan                                                                                         Items that will be
  direklasifikasi ke laba rugi                                                             reclassified to profit or loss
Penyesuaian akibat penjabaran                                                                        Translation adjustment
  laporan keuangan dalam                                                                               of foreign currency
  mata uang asing                                  (38,309)         (21,764)                         financial statements

Keuntungan/(kerugian) dari perubahan nilai                                                         Gain/(losses) on changes
  wajar aset keuangan yang diukur                                                          in fair value of financial assets
  pada nilai wajar melalui pendapatan                                                           at fair value through other
  komprehensif lain                               (576,904)       1,380,217                         comprehensive income

Pajak penghasilan terkait dengan                                                                     Income tax relating to
  komponen pendapatan                                                                               components of other
  komprehensif lain                               109,612          (335,688)                      comprehensive income

LABA/(RUGI) KOMPREHENSIF LAIN                                                                 OTHER COMPREHENSIVE
  TAHUN BERJALAN                                                                          GAIN/(LOSS) FOR THE YEAR
  SETELAH PAJAK                                  1,177,181          613,724                            AFTER TAXES

TOTAL LABA KOMPREHENSIF                                                                         TOTAL COMPREHENSIVE
  TAHUN BERJALAN                                22,383,518       21,397,922                    INCOME FOR THE YEAR




                                             Lampiran – 2/2 – Schedule
                                                                                                   2024 Annual Report
                                                                                 PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                          1515
Page 915
                                                                                                                                                              INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION

                                                                                                                                                                                    PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                                                                                                                                                          ENTITAS INDUK/PARENT ENTITY




1516
                                                LAPORAN PERUBAHAN EKUITAS UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                                                                                                                     STATEMENTS OF CHANGES IN EQUITY FOR THE YEARS ENDED
                                                31 DESEMBER 2024 DAN 2023                                                                                                                                                                                                                                       31 DECEMBER 2024 AND 2023
                                                (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                                                                                                                              (Expressed in millions of Rupiah, unless otherwise stated)

                                                                                                                                                                 Rugi yang
                                                                                                                                                              belum direalisasi
                                                                                                                                                               atas efek-efek
                                                                                                                                                                dan Obligasi
                                                                                                                                                                Pemerintah
                                                                                                                                                                yang diukur
                                                                                                                                                              pada nilai wajar
                                                                                                                                                                   melalui
                                                                                                                                                                penghasilan           Selisih
                                                                                                                                                              komprehensif lain kurs karena
                                                                                                                                                               setelah pajak/   penjabaran
                                                                                                                                                                 Unrealised          laporan                          Saldo laba/Retained earnings
                                                                                                                                                                   losses          keuangan
                                                                                                                                                               on marketable      dalam mata                         Dicadangkan/
                                                                                                                                                                 securities       uang asing/                        Appropriated
                                                                                                                           Modal                              and Government       Exchange
                                                                                                                       ditempatkan                             Bonds, at fair   difference from     Cadangan          Cadangan                                                         Cadangan
                                                                                                                        dan disetor                            value through    translation of      revaluasi           umum                                                          kompensasi
                                                                                                                          penuh/         Tambahan                   other            foreign          aset/           dan wajib/                                                    berbasis saham/
                                                                                                                        Issued and      modal disetor/        comprehensive         currency          Asset             General              Tidak              Saham                 Share-based
                                                                                                                       fully paid-up      Additional              income -          financial      revaluation        and legal          dicadangkan/          treasuri/             compensation           Total ekuitas/
                                                                                                                           capital      paid-in capital          net of tax       statements         reserve           reserves         Unappropriated*)    Treasury shares             reserve              Total equity




Transforming the Future, Empowering Indonesia
                                                Saldo pada tanggal 31 Desember 2023                                        9,054,807          19,633,584             (959,372)         (58,923)      15,383,157          2,778,412          100,018,746              (179,960)                260,116            145,930,567        Balance as of 31 December 2023

                                                Laba tahun berjalan                                                                 -                     -                 -                -                   -                  -        21,625,554                       -                       -           21,625,554                       Income for the year

                                                                                                                                                                                                                                                                                                                                         Other comprehensive income
                                                Laba komprehensif lainnya untuk tahun berjalan                                      -                     -          (467,293)         (38,309)        1,263,566                    -                  -                      -                       -              757,964                          for the year

                                                Pembagian dividen                                                                   -                     -                 -                -                   -                  -        (10,454,738)                     -                       -           (10,454,738)                Distribution of dividends

                                                Saham treasuri                                                                      -                     -                 -                -                   -                  -                  -             179,960                          -              179,960                          Treasury shares

                                                Cadangan pembayaran berbasis saham                                                  -                     -                 -                -                   -                  -                  -                      -                62,473                  62,473                   Share-based payment

                                                Saldo pada tanggal 31 Desember 2024                                        9,054,807          19,633,584           (1,426,665)         (97,232)      16,646,723          2,778,412          111,189,562                       -               322,589            158,101,780        Balance as of 31 December 2024




                                                *) Termasuk di dalam saldo laba tidak dicadangkan adalah pengukuran kembali liabilitas imbalan kerja.                                                                                                               *)   Included in unappropriated retained earnings is the remeasurement of post employment benefit.




                                                                                                                                                                                                  Lampiran – 3/1 – Schedule
Page 916
                                                                                                                                                       INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION

                                                                                                                                                                             PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                                                                                                                                                                   ENTITAS INDUK/PARENT ENTITY

                                         LAPORAN PERUBAHAN EKUITAS UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                                                                                                                     STATEMENTS OF CHANGES IN EQUITY FOR THE YEARS ENDED
                                         31 DESEMBER 2024 DAN 2023                                                                                                                                                                                                                                       31 DECEMBER 2024 AND 2023
                                         (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                                                                                                                              (Expressed in millions of Rupiah, unless otherwise stated)


                                                                                                                                                          Rugi yang
                                                                                                                                                       belum direalisasi
                                                                                                                                                        atas efek-efek
                                                                                                                                                         dan Obligasi
                                                                                                                                                         Pemerintah
                                                                                                                                                         yang diukur
                                                                                                                                                       pada nilai wajar
                                                                                                                                                            melalui
                                                                                                                                                         penghasilan           Selisih
                                                                                                                                                       komprehensif lain kurs karena
                                                                                                                                                        setelah pajak/   penjabaran
                                                                                                                                                          Unrealized          laporan                          Saldo laba/Retained earnings
                                                                                                                                                            losses          keuangan
                                                                                                                                                        on marketable      dalam mata                         Dicadangkan/
                                                                                                                                                          securities       uang asing/                        Appropriated
                                                                                                                    Modal                              and Government       Exchange
                                                                                                                ditempatkan                             Bonds, at fair   difference from     Cadangan          Cadangan                                                        Cadangan
                                                                                                                 dan disetor                            value through    translation of      revaluasi           umum                                                         kompensasi
                                                                                                                   penuh/         Tambahan                   other            foreign          aset/           dan wajib/                                                   berbasis saham/
                                                                                                                 Issued and      modal disetor/        comprehensive         currency          Asset             General              Tidak              Saham                Share-based
                                                                                                                fully paid-up      Additional              income -          financial      revaluation        and legal          dicadangkan/          treasuri/            compensation            Total ekuitas/
                                                                                                                    capital      paid-in capital          net of tax       statements         reserve           reserves         Unappropriated*)    Treasury shares            reserve               Total equity


                                         Saldo pada tanggal 31 Desember 2022                                        9,054,807          19,633,584           (2,003,902)         (37,159)      15,383,157          2,778,412           86,968,410                       -                      -           131,777,309       Balance as of 31 December 2022

                                         Laba tahun berjalan                                                                 -                     -                 -                -                   -                  -        20,375,157                       -                      -            20,375,157                      Income for the year

                                                                                                                                                                                                                                                                                                                                  Other comprehensive income
                                         Laba komprehensif lainnya untuk tahun berjalan                                      -                     -         1,044,530          (21,764)                  -                  -                  -                      -                      -             1,022,766                          for the year

                                         Pembagian dividen                                                                   -                     -                 -                -                   -                  -         (7,324,821)                     -                      -            (7,324,821)                 Distribution of dividends

                                         Saham treasuri                                                                      -                     -                 -                -                   -                  -                  -             (179,960)                       -              (179,960)                         Treasury shares

                                         Cadangan pembayaran berbasis saham                                                  -                     -                 -                 -                  -                  -                  -                      -               260,116                260,116                    Share-based payment

                                         Saldo pada tanggal 31 Desember 2023                                        9,054,807          19,633,584             (959,372)         (58,923)      15,383,157          2,778,412          100,018,746              (179,960)                260,116            145,930,567       Balance as of 31 December 2023



                                         *) Termasuk di dalam saldo laba tidak dicadangkan adalah pengukuran kembali liabilitas imbalan kerja.                                                                                                                *)   Included in unappropriated retained earnings is the remeasurement of post employment benefit.




PT Bank Negara Indonesia (Persero) Tbk
                  2024 Annual Report
        1517
                                                                                                                                                                                           Lampiran – 3/2 – Schedule
Page 917
                  INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION

                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              ENTITAS INDUK/PARENT ENTITY

  LAPORAN ARUS KAS                                                                          STATEMENTS OF CASH FLOWS
  UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                  FOR THE YEARS ENDED
  31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah,                                                            (Expressed in millions of Rupiah,
  kecuali dinyatakan lain)                                                                           unless otherwise stated)

                                                         2024              2023

   ARUS KAS DARI AKTIVITAS                                                                                  CASH FLOWS FROM
    OPERASI                                                                                          OPERATING ACTIVITIES
   Penerimaan pendapatan bunga                            64,637,509        59,996,938              Receipts from interest income
   Pembayaran beban bunga                                (25,435,146)      (19,602,509)             Payments of interest expense
   Pendapatan operasional lainnya                         24,866,571        18,016,066                    Other operating income
   Beban operasional lainnya                             (26,671,306)      (27,619,639)                 Other operating expenses
   Pendapatan (beban) bukan operasional - bersih              85,290           (21,236)      Non-operating income (expense) - net
   Pembayaran pajak penghasilan                           (4,297,912)       (5,077,826)                    Payment of income tax
   Arus kas sebelum perubahan dalam                                                                Cash flows before changes in
    aset dan liabilitas operasi                           33,185,006        25,691,794          operating assets and liabilities

   Perubahan dalam aset dan liabilitas                                                         Changes in operating assets and
    operasi:                                                                                                          liabilities:
    (Kenaikan)/penurunan aset operasi:                                                  (Increase)/decrease in operating assets:
      Penempatan pada Bank Indonesia dan                                                 Placements with Bank Indonesia and
       bank lain                                            (324,265)         (120,097)                        other banks
      Efek-efek dan Obligasi
       Pemerintah yang diukur                                                                      Marketable securities and
       pada nilai wajar melalui                                                             Government Bonds at fair value
       laporan laba rugi                                 (15,388,114)         (333,239)                through profit or loss
      Efek-efek yang dibeli                                                                               Securities purchased
       dengan janji dijual kembali                         2,667,326         1,446,686          under agreements to resell
      Wesel ekspor dan tagihan lainnya                     5,981,641         1,624,634             Bills and other receivables
      Pinjaman yang diberikan                            (92,306,852)      (59,673,241)                                    Loans
      Tagihan akseptasi                                    1,541,976         2,425,696                Acceptance receivables
      Biaya dibayar di muka                                 (137,121)          523,435                       Prepaid expenses
      Penempatan term deposit valas                                                           Foreign exchange term deposit
       devisa hasil ekspor                                 1,631,137        (2,540,505)                from export activities
      Aset lain-lain                                       1,106,157           373,977                             Other assets
                                                                                               (Decrease)/increase in operating
    (Penurunan)/kenaikan liabilitas operasi:                                                                           liabilities:
       Liabilitas segera                                     337,242           463,089           Obligations due immediately
       Simpanan nasabah                                   (9,036,727)       38,914,259              Deposits from customers
       Simpanan dari bank lain                             6,667,862        (3,321,556)            Deposits from other banks
       Beban yang masih harus dibayar                       (199,520)          224,262                      Accrued expenses
       Imbalan kerja                                        (557,192)          733,456                      Employee benefits
       Liabilitas akseptasi                               (1,511,133)          467,160                   Acceptance payables
       Utang pajak                                           (17,097)          (48,402)                         Taxes payable
       Kewajiban atas penempatan                                                                            Liabilites related to
           term deposit valas                                                                       foreign exchange term
           devisa hasil ekspor                            (1,631,137)        2,540,505        deposit from export activities
   Liabilitas lain-lain                                    1,673,893           (93,483)                         Other liabilities
   Kas bersih (digunakan untuk)/                                                                            Net cash (used in)/
    diperoleh dari aktivitas operasi                     (66,316,918)        9,298,430      provided from operating activities

                                                                                                CASH FLOWS FROM INVESTING
   ARUS KAS DARI AKTIVITAS INVESTASI                                                                          ACTIVITIES
   Penjualan efek-efek
    yang diukur pada nilai wajar melalui                                                                     Proceed of marketable
    penghasilan komprehensif lain dan                                                            securities measured at fair value
    biaya perolehan yang                                                                    through other comprehensive income
    diamortisasi                                          92,241,948        53,505,429                        and amortised cost
   Pembelian efek-efek
    yang diukur pada nilai wajar melalui                                                                   Placement of marketable
    penghasilan komprehensif lain dan                                                            securities measured at fair value
    biaya perolehan yang                                                                    through other comprehensive income
    diamortisasi                                         (93,951,947)      (56,048,294)                       and amortised cost




                                                       Lampiran – 4/1 – Schedule
1518   Transforming the Future, Empowering Indonesia
Page 918
                INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION

                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              ENTITAS INDUK/PARENT ENTITY

LAPORAN ARUS KAS                                                                      STATEMENTS OF CASH FLOWS
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                              FOR THE YEARS ENDED
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                        (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                       unless otherwise stated)

                                                  2024              2023

                                                                                          CASH FLOWS FROM INVESTING
ARUS KAS DARI AKTIVITAS INVESTASI                                                                       ACTIVITIES
  (lanjutan)                                                                                             (continued)

Penjualan dari Obligasi                                                                     Proceed from Government Bonds
  Pemerintah yang diukur pada nilai wajar                                                              at fair value through
  melalui penghasilan komprehensif lain                                                               other comprehensive
  dan biaya perolehan yang                                                                                       income and
  diamortisasi                                    118,012,386       49,685,651                               amortised cost
Pembelian dari Obligasi
  Pemerintah yang diukur pada nilai wajar                                                   Placement of Government Bonds
  melalui penghasilan komprehensif lain                                                                at fair value through
  dan biaya perolehan yang                                                                    other comprehensive income
  diamortisasi                                   (114,537,958)      (54,264,953)                        and amortised cost
 Pembelian aset tetap                              (2,522,674)       (2,129,821)                    Acquisition of fixed assets
 Hasil penjualan aset tetap                             2,343             3,298            Proceeds from sale of fixed assets
 Penyertaan pada Entitas Anak                               -          (800,000)                Capital injection in Subsidiary
 Kas bersih digunakan untuk                                                                                Net cash used in
  aktivitas investasi                                (755,902)      (10,048,690)                       investing activities

ARUS KAS DARI AKTIVITAS                                                                   CASH FLOWS FROM FINANCING
  PENDANAAN                                                                                             ACTIVITIES
Penerimaan pinjaman
  yang diterima                                    26,387,881        15,162,991                      Receipt from borrowings
Pembayaran pinjaman
  yang diterima                                   (16,277,534)      (20,455,830)                       Borrowings payment
Penerimaan efek-efek yang                                                                          Proceed in securities sold
  dijual dengan janji dibeli kembali                9,351,740         6,382,251            under agreements to repurchase
Pembayaran efek-efek yang                                                                          Payment of securities sold
  dijual dengan janji dibeli kembali                 (920,846)       (2,370,705)           under agreements to repurchase
Penerimaan efek-efek yang diterbitkan               8,187,500                 -                   Receipt in securities issued
Saham tresuri                                               -          (179,960)                             Treasury Shares
Pembayaran liabilitas sewa                           (891,782)         (211,769)                    Payment of lease liability
Pembayaran dividen                                (10,454,738)       (7,324,821)                      Payment of dividends
Kas bersih diperoleh dari/                                                                          Net cash provided from/
  (digunakan untuk) aktivitas pendanaan            15,382,221        (8,997,843)             (used in) financing activities

PENURUNAN BERSIH                                                                                    NET DECREASE IN
  KAS DAN SETARA KAS                              (51,690,599)       (9,748,103)        CASH AND CASH EQUIVALENTS

KAS DAN SETARA KAS PADA                                                                   CASH AND CASH EQUIVALENTS
  AWAL TAHUN                                      150,884,688       160,782,453               AT BEGINNING OF YEAR
Pengaruh perubahan kurs                                                                           Effect of foreign currency
 mata uang asing                                      (31,741)         (149,662)                 exchange rate changes
KAS DAN SETARA KAS PADA                                                                   CASH AND CASH EQUIVALENTS
  AKHIR TAHUN                                      99,162,348       150,884,688                     AT END OF YEAR




                                                Lampiran – 4/2 – Schedule
                                                                                                     2024 Annual Report
                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                            1519
Page 919
                    INFORMASI KEUANGAN TAMBAHAN/SUPPLEMENTARY FINANCIAL INFORMATION

                                        PT BANK NEGARA INDONESIA (PERSERO) Tbk
                                              ENTITAS INDUK/PARENT ENTITY

  CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
  UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                    FOR THE YEARS ENDED
  31 DESEMBER 2024 DAN 2023                                                                    31 DECEMBER 2024 AND 2023
  (Disajikan dalam jutaan Rupiah,                                                              (Expressed in millions of Rupiah,
  kecuali dinyatakan lain)                                                                             unless otherwise stated)

  Perubahan pada liabilitas yang timbul dari aktivitas                         Changes in liabilities arising from financing
  pendanaan pada laporan arus kas adalah sebagai                               activities in the cash flow statement is as follows:
  berikut:
                                     1 Januari/         Arus kas/       Lain-lain/          31 Desember/
                                   January 2024         Cash flow        Others            December 2024
  Pinjaman yang diterima              29,919,191         10,110,347            (443,077)        39,586,461                      Borrowings
  Efek-efek yang dijual dengan                                                                                       Securities sold under
     janji dibeli kembali              6,891,177           8,430,894            568,874         15,890,945    agreements to repurchase
  Efek-efek yang diterbitkan           4,998,280           8,187,500           (140,497)        13,045,283                Securities issued
  Efek-efek subordinasi               16,928,731                   -            770,453         17,699,184         Subordinated securities
  Saham treasuri                        (179,960)                  -            179,960                  -                 Treasury shares
  Pembayaran dividen                           -         (10,454,738)        10,454,738                  -           Payment of dividends
  Liabilitas sewa                      1,233,958            (891,782)           634,019            976,195                  Lease liabilities
                                      59,791,377          15,382,221         12,024,470         87,198,068


                                     1 Januari/         Arus kas/       Lain-lain/          31 Desember/
                                   January 2023         Cash flow        Others            December 2023
  Pinjaman yang diterima              35,158,141          (5,292,840)            53,890         29,919,191                      Borrowings
  Efek-efek yang dijual dengan                                                                                       Securities sold under
     janji dibeli kembali              2,885,286           4,011,546             (5,655)         6,891,177    agreements to repurchase
  Efek-efek yang diterbitkan           4,997,198                   -              1,082          4,998,280                Securities issued
  Efek-efek subordinasi               17,213,150                   -           (284,419)        16,928,731         Subordinated securities
  Pembayaran dividen                           -          (7,324,821)         7,324,821                  -           Payment of dividends
  Saham treasuri                               -            (179,960)                 -           (179,960)                Treasury shares
  Liabilitas sewa                      1,082,863            (211,769)           362,864          1,233,958                  Lease liabilities
                                      61,336,638          (8,997,844)         7,452,583         59,791,377


  1.   Ikhtisar kebijakan akuntansi yang penting                        1.      Summary of significant accounting policies

       Dasar penyusunan laporan keuangan tersendiri                             Basis of preparation of the separate financial
       entitas induk.                                                           statements of the parent entity.

       Laporan keuangan tersendiri entitas induk disusun                        The separate financial statements of the parent
       sesuai dengan Pernyataan Standar Akuntansi                               entity are prepared in accordance with the
       Keuangan (“PSAK”) 227, “Laporan Keuangan                                 statement of Financial Accounting Standards
       Tersendiri”.                                                             (“SFAS”) 227, “Separate Financial Statements”.
       PSAK 227 mengatur dalam hal entitas menyajikan                           SFAS 227 regulates that when an entity presents
       laporan keuangan tersendiri maka laporan tersebut                        the separate financial statements, such financial
       hanya dapat disajikan sebagai informasi tambahan                         statements should be presented as supplementary
       dalam laporan keuangan konsolidasian. Laporan                            information    to    the     consolidated     financial
       keuangan tersendiri adalah laporan yang disajikan                        statements. Separate financial statements are
       oleh entitas induk yang mencatat investasi pada                          those presented by a parent entity, in which the
       entitas anak, entitas asosiasi, dan pengendalian                         investments of subsidiaries, associated entities
       bersama entitas berdasarkan kepemilikan ekuitas                          and jointly controlled entities are accounted for on
       langsung bukan berdasarkan pelaporan hasil dan                           the basis of the direct equity interest rather than on
       aset bersih investee.                                                    the basis of the reported results and net assets of
                                                                                the investees.
       Kebijakan akuntansi yang diterapkan dalam                                Accounting policies adopted in the preparation of
       penyusunan laporan keuangan tersendiri entitas                           the parent entity separate financial statements are
       induk adalah sama dengan kebijakan akuntansi                             the same as the accounting policies adopted in the
       yang diterapkan dalam penyusunan laporan                                 preparation of the         consolidated financial
       keuangan     konsolidasian          sebagaimana                          statements as disclosed in Note 2 to the
       diungkapkan pada Catatan 2 atas laporan                                  consolidated financial statements, except for
       keuangan konsolidasian, kecuali untuk penyertaan                         investments in Subsidiaries which are stated at
       pada Entitas Anak yang disajikan pada biaya                              cost.
       perolehan.
  2.   Penyertaan Saham                                                 2.      Equity Investment

       Informasi mengenai Entitas Anak yang dimiliki                            Information pertaining to Subsidiaries of the Bank
       Bank diungkapkan pada Catatan 1j atas laporan                            is disclosed in Note 1j to the consolidated financial
       keuangan konsolidasian.                                                  statements.


                                                       Lampiran – 5 – Schedule
1520   Transforming the Future, Empowering Indonesia
Page 920
Attachment
To Financial Services Authority Circular
Letter No. 9/SEOJK.03/2020:
Transparency and Publication of
Conventional Commercial Bank Reports
                                                             Description                                                             Page
1.   General Information
     a.   Financial Highlights presents financial information in a comparative format for 2 (two) financial years, or since
          the Bank begins its business for banks that have been in business for less than 2 (two) years. At the very least,
          financial highlights covers:
          1)   Net interest income;
          2)   Operating profit;
          3)   Profit before tax;
          4)   Net profit;
          5)   Total comprehensive profit/loss;
          6)   Net income per share;
          7)   Total assets;
          8)   Total liabilities;
          9)   Total equity;
          10) Earning assets;
          11) Third party funds;
                                                                                                                                     22-25
          12) Borrowings;
          13) CAR;
          14) Return on Asset (ROA);
          15) Return on Equity (ROE);
          16) Profit margin (profit/loss to income ratio);
          17) Rasio Beban Operating Expenses to Operating Income Ratio (BOPO);
          18) Cost to Income Ratio (CIR);
          19) Percentage of Violation and Exceedance of Legal lending Limit (LLL);
          20) Mandatory Minimum Reserves (GWM) Ratio;
          21) Net Open Position (PDN) Ratio; and
          22) Other information and ratios relevant to the banking industry.
     b.   Bank Profile
          Bank profile covers at the very least:
          1)   Name of Bank, including if any, change of name, reaon for the change, and effective date of name change in
                                                                                                                                     80, 85
               the financial year;
          2)   Access to the Bank, including branch or representative offices, whereby the general public may obtain
               information on the Issuer or Public Company, comprising of:
               a)   Address;
                                                                                                                                     80-82
               b)   Telephone number;
               c)   E-mail address; and
               d)   Website address;
          3)   Brief profile of the Bank;                                                                                            84-85
          4)   Vision and mission of the Bank;                                                                                       86-87
          5)   Line(s) of business according to the latest articles of association, business activites performed in the
                                                                                                                                     90-93
               Financial Year, and types of products and/or services provided;
          6)   Organization structure of Bank, at the very least to 1 (one) level below the Directors, with names and
                                                                                                                                     96-97
               positions;




                                                                                                                     2024 Annual Report
                                                                                                   PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                              1521
Page 921
                                                            Description                                                       Page
          7)   Shareholding structure and composition, that is, names of shareholders and percentage of shareownership,
               including:
               a)   Shareholders with a minimum of 5% (five percent) of shares of the Bank;
               b)   Members of the Board of Directors and Board of Commissioners that own shares of the Bank;
                                                                                                                             168-174
               c)   Public shareholders, that is, shareholders that each held less than 5% (five percent) of shares of the
                    Bank;
               d)   information on the majority and controlling shareholder(s) of the Bank, direct or indirect, up to the
                    individual ultimate shareholders, presented in a schematic diagram or chart;
          8)   Name of subsidiary entity, associated company or joint venture company where the Bank exercise a joint
               control with the entity, along with the percentage of shareownership, lines of business, total assets, and    176-177
               operating status of the entity (if any);
          9)   For subsidiary entities, include information on address of such subsidiary entities;                          178-183
          10) Profiles of the Board of Directors and Board of Commissioners, covering at least
               a)   Composition of the Board of Directors and the Board of Commissioners, along with the position and
                    brief resume of the respective members thereof;
               b)   Names and position according to the duties and responsibilities;
               c)   Latest photograph;
               d)   Age;
               e)   Nationality;
               f)   Education background;
               g)   Work history, including information on:                                                                  100-126
                    (1) Legal basis of appointment as member of the Board of Directors and Board of Commissioner of the
                        Bank
                    (2) Concurrent position(s), as member of the board of directors, board of commissioners, and/or
                        committes and other position (if any); and
                    (3) Work history, with period of service thereon, with or without the Bank;
               h)   Education and/or training attended by member of the Board of Directors and Board of Commissioners
                    for competence development during the financial year (if any); and
               i)   Affiliation with other member of the Board of Directors, Board of Commissioners, or the majority
                    shareholder (if any), disclosing the name of affiliated party.
          11) In the event of changes in the membership composition of the Board of Directors and/or the Board of
              Commissioners occuring subsequent to the end of the Financial Year and up to the deadline for submission
              of the annual report of published financial statements and information on financial performance,               127-129
              membership composition of the Board of Directors and/or Board of Commissioners shall be presented both
              prior and after such change(s);
          12) Brief profiles of executive officers, with structure, position and summary curriculum vitae;                   130-155
          13) Total headcount, and employee distribution in the Financial Year by education and age; and                     156-167
          14) Awards and/or certifications in domestic as well as international scope, received by the Bank in the last
              Financial Year (if any), which covers:
               a)   Name of award and/or certification;                                                                      208-216
               b)   Issuing institution or agency; and
               c)   Validity period of such award and/or certification (if any).
2.   Information on Financial Performance
     a.   Report of the Board of Directors
          Brief description of the Bank performance, at the very least covering:
          1)    Strategy and policies of the Bank’s management, including for the Sharia Business Unit (UUS) for banks
                                                                                                                              58-60
               that have an UUS;
          2)   Comparison between achievement and targets;                                                                    61-62
          3)   Constraints faced by the Bank;                                                                                 62-63
          4)   Overview of business prospects;                                                                                67-68
          5)   Implementation of Bank governance;                                                                             68-69
          6)   Changes in the composition of the Board of Directors and reason for such changes (if any);                     72-73
          7)   Organization structure;                                                                                         66
          8)   Primary activities;                                                                                             66
          9)   Information Technology;                                                                                         65
          10) Types of products and services, including lending to debtors in the micro-, small- and medium-business
                                                                                                                               66
              sectors;
          11) Interest rates on deposits and loans;                                                                            67
          12) Developments in the economy and target market;                                                                  67-68



1522      Transforming the Future, Empowering Indonesia
Page 922
                                                          Description                                                              Page
          13) Business and partnership networks, domestic and/or overseas;                                                         65-66
          14) Number, types and location of offices;                                                                                67
          15) Ownership by the board of directors, board of commissioners and shareholders in the business group of
                                                                                                                                    67
              the Bank;
          16) Significant changes at the Bank or the Bank’s business group in the reporting year;                                   67
          17) Prediction of significant future issues; and                                                                         67-68
          18) Human resources, covering number of employees as well as education, training, and development
                                                                                                                                   63-64
              programs for human resources.
     b.   Report of the Board of Commissioners
          The report of the Board of Commissioners covers at least:
          1)   Structure of the Board of Commissioners, with position and summary curriculum vitae;                                52-53
          2)   Assessment of the performance of the Board of Directors in the management of the Bank;                              46-47
          3)   Supervision of the implementation of Bank’s strategies;                                                              47
          4)   Opinion on the business prospects as prepared by the Board of Directors;                                            48-49
          5)   Opinion on the implementation of Bank governance;                                                                    49
          6)   Changes in the composition of the Board of Commissioners and reason for such changes (if any); and                  52-53
          7)   Frequency and mechanism for advising members of the Board of Directors;                                              51
     c.   Management Discussion & Analysis
          Management discussion and analysis presents an analysis and discussion of financial statements accounts
          and other important information with an emphasis on material changes that occurred during the Financial Year,
          which at least includes:
          1)   Review of operations by business segment, including for UUS, at least of:
               a.   Revenues; and                                                                                                 228-281
               b.   Profitability;
          2)   Review of financial performance, comprising a comparison of the financial performance for the current
               year wuth the previous year, as well as explanation on the cause of changes and impact of such changes,
               covering at least:
               a.   Investment of funds (investments and disbursement of loan/financing) and total assets;
               b.   Third party funds and other sources of funding;
                                                                                                                                  300-328
               c.   Equity;
               d.   Revenues, expenses, profit (loss), other comprehensive income, and total comprehensive profit (loss);
               e.   Cash flows; and
               f.   Prime lending rate;
          3)   Analysis of the quality of earning assets and relevant financial ratios;                                      300, 303, 329-330
          4)   Capital structure of Bank;                                                                                         352-353
          5)   Material information and facts subsequent to the date of accountant report (if any); and                             357
          6)   Marketing aspects of Bank’s products, at least on marketing strategy amd market share;                             369-370
3.   Information on Risk Exposure and Capital
     In the event that the Bank includes the corporate governance report into the Annual Financial Publication Report and
     Financial Performance Information, the scope and guidelines for such report shall refer to the applicable POJK on            474-601
     implementation of governance for commercial banks.
4.   Governance Information
     In the event that the Bank combines the report on the implementation of governance in the Financial Published
     Report and Annual Financial Performance Information, the scope and guidelines for filling out refer to the POJK             604-1151
     regarding the implementation of governance for commercial banks.
5.   Sustainability Report
     a.   As regulated in the relevant POJK, a Sustainability Report covers the implementation of sustainable financing
          for financial services institutions, issuers and public companies. In the event that the Bank includes the           Sustainability
          sustainability report into the Annual Financial Publication Report and Financial Performance Information, the           Report
          scope and guidelines for such report shall refer to the applicable POJK.
     b.   Report on the implementation of social and environmental responsibility as regulated in the relevant laws and
          regulations on social and environmental repsonsibility for limited liability companies.
          1)   Information on the implementation of social and environmental responsibility covers the management
               policy, types of programs and costs expended, on aspects of:
               a)   environment;                                                                                               Sustainability
                                                                                                                                  Report
               b)   labor practices;                                                                                           Sustainability
                                                                                                                                  Report
               c)   sound institutional practices;                                                                             Sustainability
                                                                                                                                  Report



                                                                                                                   2024 Annual Report
                                                                                                 PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                            1523
Page 923
                                                           Description                                                               Page
               d)   consumer; and                                                                                                Sustainability
                                                                                                                                    Report
               e)   community development.                                                                                       Sustainability
                                                                                                                                    Report
          2)   In the event that the Bank presents information on social and environmental responsibility as referred
               to in point 1) in a separate report such as in a social and environmental responsibility report, the Bank is      Sustainability
               exempted from disclosing information regarding social and environmental responsibility in the annual                 Report
               report of published financial statements and information on financial performance.
6.   Annual Financial Statements
     The annual financial statements that have been audited by a Public Accountant and Public Accountant Firm
                                                                                                                                   1198-1520
     registered with the OJK.
7.   Information on the Business Group of the Bank
     a.   A Bank that is part of a business group and/or have a Subsidiary, shall additionally report on:
          1)   Structure of the Bank business group, covering:
               a)   the structure of the business group, comprising of the Bank, Subsidiary Entities, related (sister)
                    companies, Parent Entity, and up to the ultimate shareholder;
                                                                                                                                    188-189
               b)   the structure of management inter-relationship of entities in the business group; and
               c)   any shareholders acting in concert. Shareholders acting in concert refer to individual or institutional
                    shareholders with a common objective of controlling the Bank, with or without a formal agreement;
          2)   transactions between the Bank and related parties in the Bank’s business group, with consideration of the
               following:
               a)   information on transactions with related parties, whether conducted by Bank or by any entity in the
                    Bank business group in the financial sector;
               b)   related parties are parties defined as such in relevant financial accounting standards;
               c)   types of transaction with related parties, including:
                    (1) cross shareholding;
                                                                                                                                    387-396
                    (2) transactions by a business group performed in the interest of another business group
                    (3) short-term liquidity management in the business group;
                    (4) funding provided to, or received by, another entity in a business group;
                    (5) exposure to a majority shareholder in the form of, among others, loans, commitments and
                        contingencies; and
                    (6) transactions for the purchase, sale and/or rental of assets with another entity in the business group,
                        including transactions with repurchase agreement (repo);
          3)   transactions with related parties conducted by each entity in the Bank business group in the financial sector;       387-396
          4)   the provision of funding, commitments or equivalent facilities from an entity in the Bank business group to
                                                                                                                                   397, 1048
               the customers and/or parties that already received financing from the Bank; and
          5)   any prohibition, restriction, and/or other significant constraint to transfer funds or to fulfill the required
                                                                                                                                      397
               regulatory capital between the Bank and other entities in a business group;
8.   Additional Information for Banks that are also an Issuer and/or Public Company
     The Bank that is also an Issuer and/or a Public Company should include in addition the scope of information in
     accordance with the provisions of OJK Regulation regarding the annual report of issuer or public company.




1524      Transforming the Future, Empowering Indonesia
Page 924
SEOJK No. 16/SEOJK.04/2021:
Annual Report of Public Company

                                                          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.
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.




                                                                                                                    2024 Annual Report
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                                                                 Description                                                        Page
III.   Content of Annual Report
       1.   Annual Report should contain at least the following information:
            a.    Summary of key financial information;                                                                              22
            b.    Stock information (if any);                                                                                        31
            c.    The Board of Directors report;                                                                                     57
            d.    The Board of Commissioners report;                                                                                 45
            e.    Profile of Issuer or Public Company;                                                                               80
            f.    Management discussion and analysis;                                                                               220
            g.    Corporate governance applied by the Issuer or Public Company;                                                     604
            h.    Corporate social and environmental responsibility of the Issuer or Public Company;
            i.    Audited annual report; and                                                                                        1198
            j.    Statement that the Board of Directors and the Board of Commissioners are fully responsible for the Annual
                                                                                                                                    76-77
                  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;
                  2)    gross profit;
                  3)    profit (loss);
                  4)    total profit (loss) attributable to equity holders of the parent entity and non-controlling interest;
                  5)    total comprehensive profit (loss);
                  6)    total comprehensive profit (loss) attributable to equity holders of the parent entity and non controlling
                        interest;
                  7)    earning (loss) per share;                                                                                   22-25
                  8)    total assets;
                  9)    total liabilities;
                  10) total equities;
                  11) profit (loss) to total assets ratio;
                  12)   profit (loss) to equities ratio;
                  13)   profit (loss) to income ratio;
                  14)   current ratio;
                  15)   liabilities to equities ratio;
                  16)   liabilities to total assets ratio; and
                  17)   other information and financial ratios relevant to the Issuer or Public Company and type of industry;
            b.    Stock Information
                  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:
                        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
                                                                                                                                    31-33
                        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;




1526        Transforming the Future, Empowering Indonesia
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                                                 Description                                                                  Page
     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;                   31-33
          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                    33
          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                33
          taken by the company in resolving the suspension and/or delisting;
c.   The Board of Directors Report
     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;                                               58-60
          b)   Role of the Board of Directors in formulating strategies and strategic policies of Issuers or Public
                                                                                                                              60-61
               Companies;
          c)   Process carried out by the Board of Directors to ensure the implementation of the Issuer’s or Public
                                                                                                                               61
               Company’s strategy;
          d)   comparison between achievement of results and targets; and                                                     61-62
          e)   challenges faced by the Issuer or Public Company;                                                              62-63
     2)   description on business prospects;                                                                                  67-68
     3)   implementation of good corporate governance by Issuer or Public Company; and                                        68-69
     4)   changes in the composition of the Board of Directors and the reason behind (if any);                                72-73
d.   The Board of Commissioners Report
     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;               46-47
     2)   Supervision on the implementation of the strategy of the Issuer or Public Company;                                   47
     3)   View on the business prospects of the Issuer or Public Company as established by the Board of Directors;            48-49
     4)   View on the implementation of the corporate governance by the Issuer or Public Company;                              49
     5)   Changes in the composition of the Board of Commissioners and the reason behind (if any); and                        52-53
e.   Profile of the Issuer or Public Company
     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
                                                                                                                              80, 85
          of the change of name during the year under review;
     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;                                                                                              80-82
          c)   Facsimile number;
          d)   E-mail address; and
          e)   Website address;
     3)   Brief history of the Issuer or Public Company;                                                                      84-85
     4)   Vision and mission of the Issuer or Public Company;                                                                 86-87
     5)   Line of business according to the latest Articles of Association, and types of products and/or services
                                                                                                                              90-93
          produced;
     6)   Operational area of the Issuer or Public Company                                                                    94-95
     7)   Structure of organization of the Issuer or Public Company in chart form, at least 1 (one) level below the
                                                                                                                              96-97
          Board of Directors, with the names and titles;




                                                                                                              2024 Annual Report
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                                                         Description                                                                       Page
            8)   List of industry association memberships both on a national and international scale related to the
                                                                                                                                           98-99
                 implementation of sustainable finance;
            9)   The Board of Directors profiles include:
                 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;                                                                                                        114-128
                      (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:
                 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;                                                  100-113
                      (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;
                 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 Board
                of Directors occurring between the period after year-end until the date the Annual Report submitted,
                                                                                                                                           129
                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/
                                                                                                                                          156-167
                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:
                 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                                    168-174

                 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 of the
                Board of Directors and members of the Board of Commissioners at the beginning and end of the fiscal
                                                                                                                                          172-173
                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;




1528   Transforming the Future, Empowering Indonesia
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                                                   Description                                                              Page
     15) Number of shareholders and ownership percentage at the end of the fiscal year, based on:
           a)   Ownership of local institutions;
           b)   Ownership of foreign institutions;                                                                           174
           c)   Ownership of local individual; and
           d)   Ownership of foreign individual;
     16) Information on major shareholders and controlling shareholders the Issuers of Public Company, directly
                                                                                                                             174
         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,
         with entity, percentage of stock ownership, line of business, total assets and operating status of the
         Issuers of Public Company (if any);                                                                               176-187

           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 listing
         up to the end of the financial year, and name of Stock Exchange where the Issuers of Public Company               190-191
         shares are listed;
     19) Other securities listing information other than the securities as referred to in number 18), which have
         not yet matured in the fiscal year, at least contain the name of the securities, year of issue, interest rate/    192-201
         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 and their
         networks/associations/alliances include:
           a)   name and address;
           b)   period of assignment;
                                                                                                                             202
           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 and KAP           202-204
f.   Management Discussion and Analysis
     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:
           a)   Production, including process, capacity, and growth;                                                       228-281
           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;                                          300-328
           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;                                        339
     4)    Accounts receivable collectability of the Issuer or Public Company, including the computation of the
                                                                                                                           340-342
           relevant ratios;
     5)    Capital structure and management policies concerning capital structure, including the basis for
                                                                                                                           352-353
           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;
                                                                                                                           354-355
           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;




                                                                                                            2024 Annual Report
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                                                       Description                                                                  Page
            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;
                                                                                                                                    356
                 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);                  357
            9)   Information on the prospects of the Issuer or the Company in connection with industry,economy in
                                                                                                                                    365
                 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);
                                                                                                                                   358-360
                 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);
                                                                                                                                   367-368
                 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
                                                                                                                                   369-370
                others marketing strategy and market share;
            13) Description regarding the dividend policy during the last 2 (two) fiscal years, at least:
                 a)   Dividend policy;
                 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                                                         373-375

                 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                                                                                            377-383
                 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      385-396
                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;




1530   Transforming the Future, Empowering Indonesia
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                                                Description                                                                 Page
          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
                                                                                                                           398-409
         the company (if any); and
     17) Changes in the accounting policy, rationale and impact on the financial statement (if any);                         410
g.   Corporate Governance of the Issuer or Public Company
     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                                                                                       630-651
               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;
          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
                                                                                                                           703-762
               (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);                                                                               652-698
          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;




                                                                                                            2024 Annual Report
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                                                        Description                                                                    Page
            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:
                                                                                                                                     768-787
                      (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;                                                                                                      BNI does not have
                 b)   Legal basis for the appointment of the sharia supervisory board;                                            a Sharia Board
                                                                                                                                  because it does
                 c)   Period of assignment of the sharia supervisory board;                                                       not have sharia
                 d)   duty and responsibility of Sharia Supervisory Board; and                                                       products

                 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                                                      792-810

                      (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;                                                            810-826
                 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;




1532   Transforming the Future, Empowering Indonesia
Page 932
                                             Description                                                                    Page
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;
      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                                                       826-898

           (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
                                                                                                                           899-905
           (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);                                                    909-925
      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;                                                        938-945

      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
                                                                                                                           946-970
      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;




                                                                                                            2024 Annual Report
                                                                                          PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                     1533
Page 933
                                                       Description                                                              Page
            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;                                                                            983-988
                 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              989
                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                                              1044-1047

                 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;
                                                                                                                             1064-1069
                 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      1070-1079
                      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;
                                                                                                                             1080-1083
                 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
                                                                                                                             1033-1034
                      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                                   1104-1110
                 b)   description of recommendation that have not been implemented, along with the reason and
                      alternatives of implementation (if any);
       h.   Social and Environmental Responsibility of the Issuer or Public Company
            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;                                                           Sustainability
                                                                                                                          Report page 14-15
                 b)   Overview of sustainability aspects (economic, social, and environmental);                             Sustainability
                                                                                                                           Report page 6-8
                 c)   Brief profile of the Issuer or Public Company;                                                        Sustainability
                                                                                                                          Report page 20-22




1534   Transforming the Future, Empowering Indonesia
Page 934
                                                   Description                                                                    Page
             d)   Explanation of the Board of Directors;                                                                      Sustainability
                                                                                                                            Report page 16-19
             e)   Sustainability governance;                                                                                  Sustainability
                                                                                                                               Report page
                                                                                                                                 140-141
             f)   Sustainability performance;                                                                                 Sustainability
                                                                                                                               Report page
                                                                                                                                 58-129
             g)   Written verification from an independent party, if any;                                                     Sustainability
                                                                                                                               Report page
                                                                                                                               25, 150-153
             h)   Feedback sheet for readers, if any; and                                                                    Sustainability
                                                                                                                            Report page 191
             i)   The response of the Issuer or Public Company to the previous year’s report feedback;                             N.A
        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
                                                                                                                               1198-1520
        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 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
                                                                                                                                  76-77
        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.




                                                                                                              2024 Annual Report
                                                                                            PT Bank Negara Indonesia (Persero) Tbk
                                                                                                                                          1535
Page 935
                                              This page is intentionally left blank




1536   Transforming the Future, Empowering Indonesia
Page 936

          
Page 937
2024   Annual
       Report




Transforming the Future,
Empowering Indonesia

File

File Open PDF
Source IDX
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Published27 Feb 2025
Pages937
Characters5,747,890
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Names mentioned 143 people and organisations named in the text · linked when the evidence is strong

linked person Pahala Nugraha Mansury · President Commissioner p.36 ×27
linked person Sigit Widyawan · Commissioner p.36 ×35
linked person Asmawi Syam · Commissioner p.36 ×34
linked person Iman Sugema · Commissioner p.36 ×34
linked person Septian Hario Seto · Commissioner p.36 ×27
linked person Erwin Rijanto Slamet · Commissioner p.36 ×27
linked person Fadlansyah Lubis · Commissioner p.36 ×26
linked person Robertus Billitea · Commissioner p.36 ×26
linked person Royke Tumilaar · President Director p.36 ×17
linked person Adi Sulistyowati · President Director p.36 ×9
linked person Novita Widya Anggraini · Director p.36 ×14
linked person Corina Leyla Karnalies · Director p.36 ×14
linked person Sis Apik Wijayanto · Director p.36 ×6
linked person David Pirzada · Director p.36 ×12
linked person Ronny Venir · Director p.36 ×12
linked person Muhammad Iqbal · Director p.36 ×6
linked person Putrama Wahju Setyawan · Director p.36 ×10
linked person Toto Prasetio · Director p.36 ×12
linked person Audit Committee, | - Chairman p.36 ×3
linked person Suhendi Muharam · Member p.36 ×5
linked person HUSSEIN PAOLO KARTADJOEMENA · Director p.41 ×8
linked person I MADE SUKAJAYA · Director p.41 ×8
linked person MUNADI HERLAMBANG · Director p.41 ×8
linked person AGUNG PRABOWO · Director p.41 ×8
linked person MOHAMAD YUSUF PERMANA · Commissioner p.41 ×10
linked person Agus Dermawan Wintarto Martowardojo · Commissioner p.47 ×2
linked org BNI Sekuritas p.222
linked person Human Brillianto · Anggota p.627 ×3
linked org Bank Syariah Indonesia Tbk p.634 ×19
possible org Bank Negara Indonesia (Persero) Tbk p.2 ×110
possible person Askolani · Commissioner p.36 ×11
possible person Susyanto · Commissioner p.36 ×5
possible person Mucharom · Director p.36 ×3
possible person Human Brilianto · Member p.36
possible person Pradjoto · Commissioner p.42 ×8
possible org PT Bursa Efek Indonesia p.49 ×2
possible org Otoritas Jasa Keuangan p.56 ×14
possible person Sari Dewi p.222 ×3
possible org Bank Syariah Syariah Indonesia p.635
unresolved — Committees under p.1 ×2
unresolved — Reporting Transparency p.1
unresolved — Violations of Laws Related to p.1
unresolved — Employment, Consumer, Bankruptcy, p.1
unresolved — Commercial, Competition and/or p.1
unresolved — Environmental Issues p.1
unresolved org Governance Framework, Management, p.1
unresolved org Financial Services Authority p.7 ×20
unresolved org Ministry of State-Owned Enterprises Regulation Human Resources Quality p.8
unresolved org Ministry of State-Owned Enterprises Regulation Services Sector p.8
unresolved org Ministry of State-Owned Enterprises Regulation Any Changes p.8
unresolved org Ministry of State-Owned Enterprises Circular p.8
unresolved org Ministry of Law and Human Rights p.12 ×2
unresolved org Bank Business Guidelines No. IN p.12
unresolved org Minister of State-Owned Enterprises No. PER- p.14 ×2
unresolved org Indonesia Stock Exchange p.14 ×4
unresolved org Corporation p.17
unresolved org Ministry of BUMN. p.19
unresolved org Bank Indonesia p.19
unresolved org PT RSM Indonesia Konsultan p.25
unresolved org Bank Image p.28
unresolved — Articles of Association of BNI define p.29
unresolved — explicitly stated otherwise. Therefore, BNI’s p.29
unresolved — consist p.29
unresolved person 1. Series A Dwiwarna shares, which can only be p.29
unresolved — that can be owned by the Republic p.29 ×2
unresolved — Information on the Ultimate Shareholder p.29
unresolved org BNI is a state-owned enterprise (SOE) bank, so p.29
unresolved org beneficial owner of the Bank is the Republic p.29
unresolved — with a shareholding portion of 60%. p.29
unresolved org PT Kustodian Sentral Efek Indonesia p.29 ×6
unresolved org PT Kustodian Sentral Efek Indonesia Board p.29
unresolved — Government of the Rupublic p.29
unresolved — Information on Shareholding of More Than p.29
unresolved org by the Republic of Indonesia, which in this case p.29
unresolved org Ministry of State-Owned Enterprises p.29 ×3
unresolved — Transforming the Future, Empowering p.29
unresolved org Minister of State-Owned Enterprises Regulation No. PER- p.32 ×2
unresolved person Silvano Winston Rumantir · Director p.36 ×3
unresolved person Ashoya Ratam · Notaris p.36 ×5
unresolved org Kementerian BUMN p.37
unresolved org Ministry of BUMN Regulation Number PER- p.40 ×2
unresolved person Putrama W. Setyawan · President Director p.41 ×3
unresolved org Ministry of SOEs Letter No. SR- p.44
unresolved org Enterprise · Director p.47
unresolved org PT Bursa Efek Indonesia Number Peng- p.49
unresolved org Minister of State-Owned p.51 ×2
unresolved person Bogor · Commissioner p.54 ×2
unresolved — Ceased · Commissioner p.54
unresolved person AGMS · Commissioner p.55 ×3
unresolved person EGMS · Commissioner p.55
unresolved person Committee · Commissioner p.57 ×5
unresolved — Sigit · Independent p.58
unresolved — Asmawi · Independent p.58
unresolved — Septian · Independent p.58
unresolved — Iman · Independent p.58
unresolved — Erwin · Independent p.59
unresolved — Fadlansyah · Commissioner p.59
unresolved — Robertus · Commissioner p.59
unresolved — Served · Commissioner p.59 ×2
unresolved — Private Owned p.62
unresolved org Bank Association Mansury p.63
unresolved person Indonesian Advocates Association · Commissioner p.63
unresolved — Meetings · 7. Attendance and Decision-Making Process; p.64 ×2
unresolved — Based on the Decree · 10. Board of Commissioners’ Resolutions Outside of p.64
unresolved — further elaborated in the Decree · Teleconference Media; and p.64
unresolved — KEP/025/DK/2024 · 12. Format and Presentation Materials for Meetings. p.64
unresolved — Procedure for the Board of Commissioners Meetings · As stipulated in the Procedures and Mechanisms p.64
unresolved — Joint Meetings · for Board of Commissioners Meetings, the Bank p.64
unresolved — has established procedures and mechanisms for · Including Internal Meetings of the Board of p.64
unresolved — conducting meetings. These provisions primarily · Commissioners; p.64
unresolved — cover the following aspects: · 2) Board of Commissioners Meetings with Invitees p.64
unresolved — 1. Schedule of Meetings; · Directors of specific Divisions/Sectors or Senior p.64
unresolved — 3. Meeting Venue; · 3) Joint Meetings of the Board of Directors and p.64
unresolved — 5. Proxies and Representation; · both Boards along with the Corporate Secretary p.64
unresolved — 6. Meeting Notifications; · and the Secretary to the Board of Commissioners. p.64
unresolved org Bank Compliance Function. p.78
unresolved person Invitee · Member p.222
unresolved — Pembidangan · Vice President Director p.222
unresolved — CEO · President Director p.627 ×2
unresolved person Managing · Direktur Wholesale p.627 ×2
unresolved person Vice · Wakil Komisaris Utama p.628 ×2
unresolved org PT BNI Modal Ventura p.634 ×2
unresolved person Extraordinary General Shareholders’ Meeting Fifidiana p.634
unresolved person Fifidiana p.634 ×3
unresolved org Minister of Laws Indonesia p.634
unresolved org Menteri Hukum dan Hak p.634 ×2
unresolved org Minister of Law and Human Rights p.634
unresolved org Menteri Hukum dan Hak Asasi p.634
unresolved org Minister of Laws and Human Rights p.634
unresolved person Aulia Taufani p.634
unresolved person Pengganti Sutjipto p.634
unresolved person Sutjipto p.634
unresolved org Ministry of Laws and Human Asasi Manusia Republik Indonesia p.634
unresolved org Bank Syariah p.635
unresolved org Pengawas Pasar Modal dan Lembaga p.635
unresolved org BAPEPAM-LK p.635 ×2
unresolved org BAPEPAM p.635
unresolved org Milik Negara p.831
unresolved org Menteri Negara BUMN p.831 ×2
unresolved org Minister of State-Owned Enterprises p.831 ×2
unresolved person Notary Fathiah Helmi p.832 ×4
unresolved org Kementerian p.832

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